Compare Ethereum CFD Trading Platforms

Find the best CFD platform for trading ether.

With CFD Ethereum trading, you can profit through buying and selling ether without having to worry about keeping your cryptocurrency secure from hackers. We've found and reviewed all the best options.

Risk Warning. 80.6% of retail investor accounts lose money when trading with CFD platforms. You should consider whether you can afford to take the high risk of losing your money. You must learn first.

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What should I look for when trading Ethereum using CFDs?

As with any financial trading platform, you'll want to make sure there are no hidden fees and that the charges for withdrawing your profits is reasonable. You'll also want to find a platform with a user-friendly design so you can quickly and easily trade against the value of Ethereum.

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The best and most accessible Ethereum CFD trading platforms.


We've researched and reviewed all the Ethereum CFD platforms out there to help you find the best.

1
£100
BTC
ETH
LTC
XRP
DASH
BCH
CRYPTO
  • Award winning CFD platform
  • 5 million registered accounts
  • Zero commission
2
£200
BTC
ETH
LTC
XRP
EOS
NEO
ADA
CRYPTO
  • World's leading platform
  • Trade and invest
  • Millions of users
3
£1
BTC
ETH
LTC
XRP
EOS
BCH
ADA
CRYPTO
  • Up to 100x leverage
  • High security
  • Various contract types
4
£100
BTC
ETH
LTC
XRP
EOS
DASH
  • Competitive swap rates
  • 20:1 leverage on crypto trading
  • World-class 24/5 customer service
5
£250
BTC
ETH
LTC
XRP
  • Tax free trading
  • 0% commissions
  • Improved liquidity
6
£250
BTC
ETH
LTC
XRP
DASH
XMR
BCH
ETC
BTG
  • Trade in GBP, USD, and EUR
  • Number of coins available
  • Trade with leverage of up to 1:5
These are highly volatile investment products. Your capital is at risk.

Should I use a CFD platform to trade Ethereum?


Advantages

  • When trading through a CFD platform you can make quick trades to capitalise on market fluctuations
  • You don't have to worry about keeping your ether secure
  • CFD platforms are regulated
  • You can long and short sell ether with these platforms

Drawbacks

  • CFD trading requires knowledge of financial trading
  • Ultimately, you don't actually own the ether you trade

Frequent questions.


Can I use a CFD platform on my mobile phone?

Yes, you can. Most CFD trading platforms have easy-to-use mobile apps available with all the same or similar functionality as the main website.

Is CFD trading the best way to buy and sell ether?

If you’re looking to trade ether without having to own the underlying ether, then CFD trading is a great option for you. You can focus on making quick trades, and opening long or short positions.

What are the differences between CFD platforms, exchanges, and brokerages?

This is explained fully on our page about buying Ethereum so for detailed information it’s good to head there. But to give a quick summary: an exchange enables you to buy and trade a range of cryptocurrencies, a brokerage is a company that acts as a middleman to buy and sell bitcoin for you at a fixed price, and a CFD (contract for difference) platform allows you to trade against the value of bitcoin without actually owning the coins.

Are there minimum and maximum deposit/withdrawal amounts?

Minimum deposits and withdrawals tend to be between £25 and £200. Maximum limits depend a lot on the platform and the payment method you are using, but it can be up to £10,000 per transaction. To get the highest withdrawal limits, it is recommended to deposit via bank transfer.

Are there trading limits?

The limits on singular trades depend entirely on the platform you’re using. See our reviews on each CFD platform for more accurate information.

Is it easy to switch CFD platforms?

Yes. You can even use a number of CFD platforms at the same time if you so choose.

Is Ethereum CFD trading legal?

Yes and no. In the UK, Ethereum CFD trading is legal. However, in some countries, such as the US, this is not the case. Be sure to check the local legislation/s in your country before attempting CFD trading.

What if a CFD platform closes down while I have open trades?

If you’re a UK citizen using a CFD platform regulated by the FCA, you should be covered for some of your losses under the Financial Services Compensation Scheme. The maximum amount of compensation under the scheme is £50,000. If you are using a CFD platform that is licensed by another regulator, you will have to see what types of compensation you are entitled to.

Is using a CFD platform anonymous?

No, using a CFD platform is not anonymous. You have to provide proof of identity, as well as proof of address to verify your account before you can even start trading or making a deposit.

Are CFD platforms regulated?

Yes. In the UK, Ethereum CFD platforms should be regulated by the Financial Conduct Authority (FCA) or a similar body. However, since the UK is part of the EU, platforms that are regulated by other EU-based regulators can operate in the UK as well. In countries outside of the EU this may vary so be sure to check if a platform covers your country’s’ regulations.

Can I transfer from a CFD trading account into my PayPal account?

Yes, CFD platforms will usually allow deposits and withdrawals from/to PayPal accounts. However, some CFD platforms like 24Option do not allow PayPal deposits.

How can I trade Ethereum without owning the coins?

Instead of trading Ethereum itself, you are trading over the changing price position of Ethereum from the moment you take out a CFD. It’s almost like betting on a horse to win a race. Instead of actually riding the horse to victory, you’ve simply chosen for it to win and will gain or lose money on the result. However, CFDs usually don’t have an expiry date.

Can I access my full trading history on a CFD platform?

Definitely. CFD platforms allow you to view the full extent of your transaction history, highlighting both existing and historical trades.

Are deposits made in cryptocurrency or fiat currencies?

It is possible to find platforms that accept deposits in cryptocurrency, such as LiteForex and FXChoice, but it is more common that deposits are to be made in fiat currency (GBP, USD etc.).

Do I have to pay tax on any profits made through Ethereum CFD trading?

In the UK, if you make a large amount of profit (over £11,700 in the course of a year) then you will have to pay capital gains tax between 10 and 28% on earnings above that amount. This will be different from country to country, so be careful to have a look at your local tax law before you start Ethereum trading.

Is it possible to short sell on Ethereum CFD platforms?

Yes, it is possible to open both short and long positions on CFD platforms in order to maximize profits or minimise losses. If you predict a price drop you can open short a trade and cut your losses.

How to trade Ethereum using a CFD platform in 2018.


What is CFD trading?

CFD trading is a way of trading ether without having to be responsible for managing the coins or own them. CFD stands for Contract for Difference, but don’t worry it doesn’t involve sitting down and signing anything, it’s just an agreement with a CFD platform to pay you the difference in the prices of ether from when you bought the coins to the time you decide to cash out. Instead of owning the coins you are trading against their value – we’ll explain everything below.

How do Ethereum CFD trading platforms work?

CFD platforms allow you to trade against the changes in the price of ether, without having to keep the coins in a wallet or worry about securing them from hackers. When you take out a CFD you are essentially ‘buying’ some ether at a certain price, with the understanding that when you sell the CFD you will get paid what the amount of ether you bought is worth at that point.

Here’s an example: if you buy a CFD for £5,000 worth of ether, and the value of ether rises 10%, the CFD can then be sold for £5,500, leaving you with a £500 profit. Conversely, if the price drops by 10%, the contract can only be sold for a loss of £500. However, you will be able to control when you sell the contract.

Additionally some CFD platforms allow you to trade cryptocurrency with leverage, meaning that for every rise or fall in the value of ether your contract either rises or falls in value by a multiple of that. To use the same example as above, if your CFD had leverage of 2:1 then it would be worth £6,000 or £4,000 after a rise or fall of £500 in the value of your ether.

If you’re worried about the word ‘contract’, don’t worry. Put simply, you are effectively trading over the change in the price of ether without having to deal with the hassle of needing to store it.

So I don’t technically own the ether I’m trading on a CFD platform?

Technically no, you don’t own the ether. You are simply agreeing to take out a contract that means you agree to be paid or pay the difference in price of ether based on relative to how much your CFD was worth. This allows you to trade on the market fluctuations and act faster than you could if moving ether between wallets or exchanges.

What should I look for in an Ethereum CFD platform?

  • Find a regulated platform. Ethereum CFD trading sites should be regulated, either by the FCA or similar regulatory body, so make sure you’re using a reputable and regulated site.
  • Variety of payment methods. CFD platforms offer different payment methods for you to make deposits and withdrawals with. As an example, some platforms accept PayPal payments, whilst others don’t.
  • Suitable deposit and withdrawal limits. Deposit and withdrawal limits will vary from platform to platform, so make sure you’re selecting a CFD platform that allows you to conduct the level of trading you would like to do.
  • Good reputation. Ethereum CFD trading has been around for a while now, so some platforms have been serving customers for long enough to have a strong reputation. Be sure that the platform you’re using is rated highly by its users.
  • Design and ease of use. A CFD platform should be easy to use and navigate. You should be spending your time making money trading on ether, not figuring out how to navigate the site.
  • Variety of coins. If you’re interested in investing in cryptocurrencies other than Ethereum, have a look at CFD platforms that allow you to trade with a range of coins.

Will I have to verify my Ethereum CFD trading account?

Yes. As CFD trading is a regulated industry, you will have to comply with regulations and must provide details for account verification. Verification will usually involve providing proof of identity and proof of address (through providing the relevant documents). You will often be asked to provide a selfie of yourself holding such documents to prove they’re yours.

Is Ethereum CFD trading secure?

Yes, but this largely depends on the platform you use. If you’re using a reputable service then don’t worry – your trades will be secure. We’ve narrowed down the most reliable and reputable CFD platforms and reviewed them for you right here.

What if I forget my password?

Just like other online platforms, CFD trading platforms will have ways of allowing you to reset your password in the case you lose your password, using your email address, or recovery question(s).

Can I trade multiple cryptocurrencies with CFD platforms?

Yes, you can. You can easily buy or sell contracts involving multiple cryptocurrencies on CFD platforms. Although most CFD platforms offer the ability to take out contracts on Bitcoin, Ethereum, and Litecoin, the full selection of cryptocurrencies offered will change between platforms.

Do CFD trading platforms charge fees for trades?

This depends on the platform. Usually, platforms do not charge trading-related fees, with the exception of overnight fees for keeping your trades open. However, most platforms charge withdrawal or deposit fees.

Do I need to have an Ethereum wallet to use a CFD platform?

No. You don’t need a wallet to use a CFD platform, as you don’t ever own the underlying ether that you are trading over. You are simply trading on the change in price position.

What are the advantages of using a CFD platform?

CFD platforms are the best tool for users looking to make money on the price fluctuations of ether. It also removes the hassle of having to control or hold the ether yourself on a wallet.

And what are the drawbacks?

If you want to own and use coins yourself, you’ll need to use a brokerage or an exchange. You will also need to have more technical financial knowledge in order to take full advantage of CFD trading, as it might be difficult to appreciate how to operate a trading platform as an inexperienced user.

Should I use a CFD trading platform?

This depends on you. If you want to trade ether quickly and easily without having to worry about the storage of your ether in an effort to keep your ether safe from hackers, then CFD trading might be a great option for you.

Where can I find the best CFD trading platforms?

Right here. We’ve compiled a list of the leading CFD platforms and reviewed them for you to help you find the right platform for you.

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