CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

76.09% of retail investor accounts lose money when trading CFDs with this provider.

Advantages and Disadvantages of Trading Cryptocurrency CFDs

Advantages of Trading Cryptocurrencies CFDs

  • Cryptocurrencies have the largest price movements of any asset class, which can present trading opportunities (as well as risks)
  • Cryptocurrency CFDs allow traders exposure to the price movements of the latest innovations in the field of finance & technology.
  • The ability to open short and long positions in markets with small or large amounts of capital.

 

Risks of trading cryptocurrency CFD’s

  • Because cryptocurrency prices can be volatile, they are one of the most high risk markets to trade.
  • Using leverage can lead to significant losses (including your entire deposit) if the market moves against you.
  • Past performance of strategies is not an assurance of future performance.