Cryptocurrencies

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Trading Cryptocurrency CFDs

Cryptocurrencies are any digital currency that is decentralized, and can be used to make virtual transactions. Cryptocurrencies are continuously fluctuating, making the market extremely volatile which can be attractive to investors and traders.

Cryptocurrency CFDs are over-the-counter (OTC) leveraged financial instruments the value of which is determined based on the movement of the value of the underlying Cryptocurrency. The client makes a profit or a loss on the CFD based on the direction chosen (buy or sell) and the value of the underlying Cryptocurrency. The amount of profit or loss is determined based on the value of the underlying Cryptocurrency at the opening of a position and its value at closing of the same position. The Cryptocurrency CFD is settled in cash only and the client has no rights whatsoever to the actual underlying asset.

Forex CFDs

Stock CFDs

Index CFDs

LEARN MORE ABOUT

Trading Cryptocurrency CFDs

Cryptocurrencies are any digital currency that is decentralized, and can be used to make virtual transactions. Cryptocurrencies are continuously fluctuating, making the market extremely volitile which can be attractive to investors and traders.

Cryptocurrency CFDs are over-the-counter (OTC) leveraged financial instruments the value of which is determined based on the movement of the value of the underlying Cryptocurrency. The client makes a profit or a loss on the CFD based on the direction chosen (buy or sell) and the value of the underlying Cryptocurrency. The amount of profit or loss is determined based on the value of the underlying Cryptocurrency at the opening of a position and its value at closing of the same position. The Cryptocurrency CFD is settled in cash only and the client has no rights whatsoever to the actual underlying asset.

Forex CFDs

Stock CFDs

Index CFDs

Trade without Owning

Trading Cryptocurrency CFDs allows you to trade the price of a cryptocurrency without ever owning the actual asset. This allows you to diversify your portfolio without the same initial investment, or having to open a wallet to store them.

Go Long or Short

By opening a long (buying), you are hoping that the Cryptocurrency's price will appreciate against the USD. If the Cryptocurrency's price goes down, you will suffer losses. You can also open a short position (selling) and hope for the Cryptocurrency to lose in value.

Trade with Leverage

Leverage magnifies an investment by allowing trades with more funds than the initial deposit, CoverdealFX offers up to 1:2 when trading Cryptocurrency CFDs. Trading with leverage can maximize profits, or cause losses that exceed the deposit.
EXPLORE

CoverdealFX's Instruments

Forex CFDs

Foreign Exchange (Forex) allows investors to speculate on the strength of one currency against another, using popular or exotic currencies.

Index CFDs

Indices provide an indication of the strength and direction of a sector of the market, and are useful to speculate on global financial markets.

Stock CFDs

The Stock market is one of the most common to invest in as it allows for trading shares of popular companies, and often reflects global news trends.

Bond CFDs

Bonds are a fixed income instrument, making them less volatile. Investors purchase a bond which represents a loan given to a government.

Commodity CFDs

Commodities are raw materials such as precious metals or oil, that are often traded based on the global trends of supply and demand.

CFDs

A Contract for Difference allows a client to speculate on the change in price of an instrument without having to own the asset.
Risk Warning: Trading CFDs is risky and can result in the loss of your invested capital. 79% of retail investor accounts lose money when trading CFDs. Please ensure that you understand the risk involved and do not invest more than you can afford to lose. Read full Risk Disclosure Statement. CoverdealFX is a domain operated by Coverdeal Holdings Ltd, which is regulated by CySEC under License No.231/14