For a comparison between different Crypto CFD brokers please click here.

CryptoDerivativeTrading.com provides broker reviews on UFX, easyMarkets, SimpleFX, WhaleClub and Pepperstone.

Click here for opening a (demo) account on Plus500, UFX, easyMarkets, SimpleFX, WhaleClub and Pepperstone.

 

Crypto CFDs offer opportunities in calmed down crypto markets

 

The cryptocurrency markets seemed to be calmed down after the manic state in December ‘17 and the panic state of January ‘18.  The market is now moving side ways rather than up or down. In these type of markets some serious and profitable (swing) trading is possible. To increase profits, Cryptocurrency Contract for Differences (Crypto CFDs) can be potentially very interesting. An example of Crypto CFD trading can be found here.

When trading Crypto CFDs the trader does not actually own the cryptocurrency but rather trades the value of the underlying cryptocurrency. Advantages of trading Crypto CFDs are the easiness, the speed of execution, the possibilities of trading with leverage and the fact that speculating on a loss of value of the crypto is just as easy as betting on the rise of value.

Trading cryptocurrency can be complex. Trading with Crypto CFDs is very easy. For example when trading the actual cryptocurrency, the trader needs to obtain the right wallets to store the bought crypto assets. To trade Crypto CFDs a trader just needs to open an account at a recommended broker and deposit money. Next a trader can open and close positions almost instantaneously.

Speed of execution is fast when trading crypto CFDs compared with regular trading. Exchanges rely on volume, meaning that when there are not many people trading, the order won’t get filled. Crypto CFD brokers are connected to liquidity providers that offer guaranteed and often instant execution, leaving traders to quickly react to market movements.

Trading with leverage allows traders to control larger positions with a small amount of capital. Traders can use this to their advantage by looping in on the swings with many % / a lot of leverage. An example of how this exactly works can be found here.

With Crypto CFDs it is very easy to try to profit from the movement of the price in both directions. Meaning that you can profit whether the prices goes up or down. If you expect the price to go down you can place a “short” order, if you expect to go up you can place a “long” order.

The market seems to currently move side ways rather than up or down in a manic/panic way. These type of markets offer possibilities for serious and profitable (swing) trading. In these markets and for this goal Crypto CFDs can be potentially very interesting.

 

Always keep in mind that trading Crypto CFDs is due to the leverage possibilities very risky. Please be aware that your whole capital, in your account, is at stake.

 

For a comparison between different Crypto CFD brokers please click here.

CryptoDerivativeTrading.com provides broker reviews on UFX, easyMarkets, SimpleFX, WhaleClub and Pepperstone.

Click here for opening a (demo) account on Plus500, UFX, easyMarkets, SimpleFX, WhaleClub and Pepperstone.