Although every broker you find, will give you the opportunity to trade bitcoin contracts, many brokers have ridiculously wide spreads.
A recent comparison of brokers, found spreads ranging as wide as $150, to as narrow as $10, with the price of a bitcoin being: $9,800.
Best Crypto CFD Brokers
They offer a robust web trader platform, along with the popular MT4 and a proprietary desktop trading software.
You should try a Free Demo Accounts, visit Forex.com.
Crypto investing has become very popular recently, especially since many brokers are listing Bitcoin, Litecoin, Dash and Ripple as available assets.
Large exchanges in America, CME and CBOE made Bitcoin future contracts available in 2017. Australian & European Forex CFD brokers, started Crypto Currency CFD trading over a year ago.
How To Compare Bitcoin Brokers
Here is a quick checklist of items to compare between bitcoin brokers.
- Verify the Bitcoin broker is licensed.
- Signup for their Free demo account.
- Check minimum trade size
- Check minimum deposit requirement.
- See how tight the spread is on Bitcoin.
If Your Broker is Not Regulated… You Will Be Scammed!
Avoid Crypto Scams
There are two types of scams that are now very common with Crypto Currency investors.
The first one being “trading robots” which are suppose to make you a lot of money by automatically trading on your behalf. You should read about real trading software, see here.
The second are the brokers who are not licensed or regulated. Every financial company must be licensed by the government. Popular brokers are licensed in Australia by ASIC or in United Kingdom by the FCA. If you go with a broker who promises to make you rich, and they are not licensed, you can read the complaints page now, so you understand what you will be dealing with.