Cryptocurrency Trading
Get started as a crypto trader with Fortunefx pro and trade the world's most popular cryptocurrencies – including Bitcoin and Ethereum. Sign up to our crypto trading platform now.
Open AccountThe expert cryptocurrency trading platform
With Fortunefx pro, why not apply your trading skills and experience to the crypto market? With tight spreads and deep liquidity, you get the chance to trade more than 40 cryptocurrency* CFD markets – with up to 1:500 leverage on our crypto trading platform. Test your strategy and diversify your portfolio with 24/7 trading at home or on the move with Fortunefx pro
Advantages of CFD trading with Fortunefx pro
Trade cryptocurrencies with leverage
Trade cryptocurrency CFDs at Fortunefx pro with up to 1:500 leverage.
One platform with multiple instruments and markets
Build your portfolio any way you choose. In addition to the crypto market, our dynamic platform also lets you trade forex, indices, commodities, and share CFDs in one single place.
Your crypto investment is fully safe and secure here
You can have complete trust in the safety and security of any deposits you make.
Invest in cryptocurrencies straight off the charts
With our crypto trading platform, you can place three types of order: market, limit, and stop. It's all due to the multiple manual trading options that we offer to all our crypto market clients.
Automatic crypto trading with ready-to-go scripts
Download and use ready-made scripts to execute automated crypto trades. Or create your own scripts and ensure trades are made when and how you want them to be.
Insights and analysis to inform your next decision
At Fortunefx pro, we want you to be confident in your trading decisions. That's why we provide more than 50 built-in indicators and graphic tools for the insights, market news, and analysis you need.
Your introduction to cryptocurrency trading
For years, traders have taken positions on the direction of the foreign exchange (forex) market. This market is driven by movements in the value of global currencies – such as the US Dollar or British Pound. In recent times, however, an attractive alternative has emerged: crypto trading.
The growing popularity of Bitcoin and other cryptocurrencies has created new opportunities for traders. Using CFDs, investors can take their position on price movements in the crypto market – all without owning the underlying asset.
Like forex, there are numerous cryptocurrency pairs to trade using CFDs. Such digital currencies aren't considered to be legal tender – compared to government-issued fiat currencies. Crypto is, however, shifting the global financial trading landscape. And you can invest with leverage now.
Crypto trading with Fortunefx pro: What you need to know
If you think the crypto market is where the best opportunities lie for you, it is important to be aware of the risks that exist. Like all forms of trading using CFDs, you are fully exposed to the market and, as a Professional client, you may lose all of your initial crypto investment.
One of the unique features of the crypto market is its volatility, which can be extreme at times. Trading with leverage in a volatile market means that your losses may be rapid. So, never risk more than you can afford to lose in order to safeguard your portfolio.
It is also a good idea to be clear on how both the crypto market and CFDs work. You can check out the Fortunefx pro Knowledge Base for more support and insight whenever you need it.
The crypto trading platform for expert traders
At Fortunefx pro, our unique price aggregation makes us one of the best crypto trading platforms for expert traders. Our Electronic Communication Network (ECN) accounts delivers the most cost-effective form of trading. And it means you benefit from the most favourable market conditions.
Expert Advisors are on hand to support our crypto traders, while scalping and hedging are also possible thanks to our ECN technology. Get in touch with us if you'd like to find out more.
With Fortunefx pro, your portfolio won't be restricted to just one asset either. Open an account with us and you can diversify your trading activities as you see fit. As well as being a crypto CFD broker, we also offer trading opportunities in FX, stocks and shares, global indices, and commodities.
Fortunefx pro puts you in control of your cryptocurrency trading. And you can get started today.
How safe is cryptocurrency trading?
But it's worth bearing in mind that there are some risks that are unique to the crypto market.
- Digital: Bitcoin and other cryptocurrencies exist purely in the form of digital codes. There are no tangible assets to possess. The foundation of these currencies are types of database called blockchain. Encryption offers a significant amount of security, but hacking threats remain.
- Regulation: As cryptocurrencies grow in popularity, regulation has failed to keep pace. Many countries don't regulate their use or consider them to be legal tender. In the UK, the FCA has deemed crypto products as being only suitable for professional clients – not retail clients.
- Volatility: The crypto market is arguably the most volatile market for traders to invest in. As such, the change in price from one moment to the next can be sudden and dramatic. This has the potential to magnify your profits. But it can also have the same effect on your losses.
Are there different types of cryptocurrencies?
To start, options such as Bitcoin and Litecoin are set up to provide a digital alternative to fiat –or payment – currencies. Others, like Ethereum, are 'altcoins'. Instead of being used as a way to pay for things, it's a platform on which you can create blockchain apps or new tokens.
Other cryptocurrency types can help users exchange crypto assets or manage personal data.
With Fortunefx pro, you can trade more than 40 cryptocurrency CFDs. Bitcoin and other options such as Litecoin or Ethereum are perhaps the best known. But our crypto trading platform also offers pairs including EOS, Ripple (XRP), and Dash.
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Why start trading the crypto market?
Liquidity is another reason to trade crypto with Fortunefx pro using CFDs. Our crypto trading platform takes its prices from numerous exchanges. As such, we can offer competitive spreads and quick execution. For traders looking for rapid gains, that can make all the difference.
Don't forget, with your Fortunefx pro crypto trading account, you can access the markets all day, every day. With the Web Trade Platform, you can do that on any device and from any location too.
Trading the crypto market: Factors to watch out for
- Supply and demand: The price of cryptocurrency can rise sharply if demand outstrips supply. If there is a surplus supply, the price will fall.
- Regulatory decisions: Countries are still grappling with how to regulate crypto. Some are even banning it outright, which is something to be aware of.
- Fiat currency markets: Much like some fiat currencies can impact the value of others, they can also drive the price of crypto up or down
- Press and media: News reports can heavily influence confidence in crypto, whether it's positive or negative.
- Technology and infrastructure: It's not all about the security of crypto exchanges. As crypto integrates with more payment systems, its value will increase.
Make crypto trading work for you with Fortunefx pro
After opening your cryptocurrency trading account with Fortunefx pro, it's time to choose the trades you want to make. With our range of tools and analysis at your fingertips, you'll have the best information to hand before deciding.
Other factors that can help you succeed in the crypto market include the timing of your trades and keeping track of your current open positions. You should always be 100% sure what your current exposure is. Otherwise, a small loss could soon start to accumulate.
How much does it cost to trade crypto?
For more details, consult our Knowledge Base.
A Swap charge is applied on crypto trading accounts for clients who move their positions to the next trading session. This is 10% per annum of the value of the open position.
At Fortunefx pro, we're always here if you need further support. Contact us with any queries or concerns you have. Our live chat service is open from 6am to 6pm, five days a week too.