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last updated on: 08/10/18 10:52AM
   Ethereum CFD Trading , [08/10/18 10:52AM]   
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When buying a contract for difference (CFD), the trader does not spend his money to purchase the cryptocurrency itself. Instead, the trader buys a right to receive the difference between the current and the future asset prices ó but only if the trend direction is predicted correctly. Should his prediction turn out to be wrong, he will make a loss comparable to the invested amount. 
At the time of publication of this article, Bitcoin price is 6,788 USD.

Just like traditional currency, you can own, exchange or speculate on ether. As itís virtual, however, the currency operates outside of a central authority, such as a bank or a government. 

Trading Ethereum with AvaTrade doesnít require a wallet since the trades are performed through an SSL secured online trading platform, this is a big advantage in avoiding potential hackers and theft. From the same platform, you can trade Forex pairs and other assets as well. 
You should note that FCA regulated brokers offer a higher level of customer protection.
To trade Ethereum, you donít need to be working on the Ethereum network. It is possible to trade the price of this Crypto using CFDs, for example. Ethereum has an intrinsic value in currency, which will go up and down over time. This is the amount of another currency one Ether can be exchanged for. 

Leverage offers the trader the ability to enter into a CFD contract using funds that represent only a fraction of its actual value. Used with caution, leverage can amplify your potential gains which are based on the full leveraged amount of the trade. However, it is important to remember that the leverage on a CFD, as with other types of trading, is a significant risk factor that can amplify both positive and negative results. You should have a clear understanding of the risks associated with margin trading. Please see OANDA's margin policies for more information. 

Kevin HelmsA student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. 

While the verification process is underway, once you have uploaded your proof of ID, you will need to download the preferred trading platform. We have opted to download the desktop MT4 trading platform, which can be downloaded by clicking the Download MT4 at the bottom of the client area page. 

The massive recent cryptocurrency rally is not going unnoticed by the online trading industry. The multi-regulated international forex and CFD broker AvaTrade announced today that it is adding three rising altcoins, Ethereum, Dash and Rippleís XRP, to its trading portfolio. 

Futures are a special type of investment asset that allow you to invest in various commodities. From gold to cattle, and everything in between, futures expand the field of available investment opportunities to pretty much any commodity of value. Futures are essential for setting global prices on important commodities, such as oil, and support complex global markets, such as markets for agricultural goods. 

The cryptocurrency economy has seen massive growth over the last few months with the price of Bitcoin having risen more than 300% year-to-date. Despite some recent volatility, Bitcoin has retained the majority of these gains with prices currently flying high around the $4,000 mark. 

There are several advantages to using CFDs. Firstly, you are not exposed to the Bitcoin or Ethereum platform. Although these are very secure, there is always the possibility that they may get hacked. 

Trading in a cryptocurrency doesnít require any specialist knowledge, and in fact, itís not all that different to trading in Forex, commodities or many other markets. Despite its unusual nature, crypto still rises and falls like any other market, and is still subject to predictable external factors in a way that gives you the opportunity to make substantial profits. 

Active traders looking to speculate on Bitcoin over the short or medium term may find that trading CFD/derivatives on Bitcoin using an online forex broker will provide them with 24hour trading, potentially lower margin, and the ability to go either long or short. Because of counter-party risk, choosing a broker is just as important as finding one with the best trading tools or commission rates. 

Unlike trading the underlying ether, there is no need to open an exchange account or wallet. This means no waiting for approval from the exchange, no concerns about keeping your wallet secure, and no fees if you want to withdraw funds later. 

Charging structures are different, with charges on share CFDs attracting commission fees, which can be charged daily on long-term contracts. A spread bet has its charge loaded into the difference between the buy and sell price. 

Trade on the price of bitcoin and ethereum against the US dollar, via a spread betting or CFD trading account. View the spreads, margin rates and trading hours in the table below. 

Unlike fiat currency, which is legal tender issued and backed by the local government that issues it (e.g., USD, Euro, SGD), cryptocurrencies are not issued by any government. Hence, cryptocurrencies are viewed as a type of decentralised money, the meaning is not owned or controlled by any government. 

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