Trade crypto CFDs the smart way
We are an award-winning*, ASIC regulated local broker offering major cryptocurrencies as CFDs. Trade CFDs on Bitcoin, Bitcoin Cash, Litecoin and Ether against the US dollar.
*Please see OANDA’s most up to date awards here.
Trade CFDs on four of the world’s most popular cryptocurrencies with OANDA
Bitcoin and Bitcoin Cash CFDs
Ether CFDs
Litecoin CFDs
Cryptocurrencies CFDs
See the table below for the cryptocurrency CFDs we offer.
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Pricing and fees
We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us.
𐠒Lot size differs from product to product. Specifically, one lot is equivalent to 100,000 units for FX CFDs, 50 units for Gold CFDs and 4050 units for Silver CFDs. This applies to Premium Commission account holders who open a Raw Spreads account.
Easy funding and withdrawals
As a leading, regulated broker, your funds are safe with us. It is easy and straightforward to deposit, withdraw and transfer funds between your OANDA sub-accounts from your ‘My Funds’ page.
Login to your account.
Click ‘manage funds’ to view your ‘my funds’ page.
Deposit or withdraw funds to or from your OANDA account.
Crypto CFD key features
Key features of trading cryptocurrency CFDs:
Risk management
Given that CFDs on cryptocurrencies are highly volatile, you may consider protecting your profits and manage your risk with features such as stop losses. Keep an eye on your margin and be aware that leverage can also work against you at the same speed as it can work in your favour.
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Fill in our app form
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Login, fund and trade
^Subject to meeting our criteria. Additional information/documentation may be requested prior to account activation to establish eligibility.
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Trade with confidence when you trade with OANDA, an award-winning global broker.
Check out the full list of our awards here.
Frequently asked questions
Cryptocurrencies are highly volatile unregulated assets, which means they can move up or down in price at speed. So, if you are on the right side of the trade, it may indeed look easy to make money trading crypto CFDs. What you must remember is that it’s equally easy to lose money on a crypto CFD trade - and at tremendous speed. So, be sure to use a stop loss on all of your crypto CFD trades.
Cryptocurrency pairs are assets that can be traded for each other or against a major currency such as the US dollar on an exchange — for example Bitcoin versus US dollar (BTC/USD), Bitcoin/Litecoin (BTC/LTC) and Ether/Bitcoin Cash (ETH/BCH).
To trade a pair, you need to have some knowledge about both currencies and their strength in the market.
We offer CFD trading in four cryptocurrencies: Bitcoin, Bitcoin Cash, Ether and Litecoin. When you trade these crypto CFDs, you are trading them as pairs with the US dollar. This means you can go long or short.
Start by opening small positions to begin with, then scale up as you get to know the volatility of the pair you’ve chosen to trade.
When you invest in a crypto coin, you buy, then hold or sell that coin at a later date, usually some time in the distant future. As with a precious asset like gold, this is more like an investment, not a trade. When you trade crypto CFDs - that’s to say as against the US dollar - you are speculating on the underlying asset as opposed to taking ownership of it. You can also short the pair.
This depends entirely on the behaviour of cryptocurrencies in general at the time you look to trade, as well as the crypto pair you are interested in. That said, the three most popular cryptocurrency pairs are listed below:
- BTC/USD - Bitcoin (BTC) against the US dollar
- ETH/USD - Ether (ETH) is the second biggest cryptocurrency after Bitcoin
- LTC/USD - Litecoin (LTC) is traded against the US dollar
There are lots of theories as to what moves the cryptocurrency market. It could be argued that Bitcoin and other cryptos were seen as a hedge against a depreciating dollar and a slump in the global economy due to the pandemic. The price of cryptos was also pushed to extremes by the media and retail traders piling in on the action.
When Bitcoin crashed twice in 2021, pundits argued that now we had a vaccine, we could reasonably hope to see a speedy recovery - and so Bitcoin and other crypto currencies lost their appeal. It was also argued that the Chinese government’s antipathy towards Bitcoin also contributed to uncertainty in the crypto space too. It could also be argued that Bitcoin’s price came down as a result of traders taking profits.
The general consensus is that cryptocurrencies are here to stay and will continue being a tradable asset class well into the future.