Can I Trade Cryptocurrencies With A Forex Broker

This is a common question that we receive from our users. Yes, it is possible to trade cryptocurrencies with a forex broker - if the broker has it.

Contrarily to trading cryptos via an exchange (like Binance, Kraken, CMC, etc), where traders need a wallet and to own the assets, a forex broker offers crypto CFDs. A CFD (Contract for Difference) is a financial instrument allowing investors to buy and sell the price of an asset, without owning it. Thus, crypto CFDs trading does not require a wallet for holding the cryptos, and investors are free to close the trading position at any time.

Forex brokers with crypto CFDs also allow short-selling, thus, when there is some negative news impacting the BTC price, for example, traders can make money by selling the BTC price. And the best thing is, contrarily to some crypto exchanges, forex brokers with crypto CFDs are highly regulated and supervised by financial authorities to offer the trading of this asset.

We have a complete guide with the Best Cryptocurrencies Brokers that could interest you.
Plus, did you know that you can also earn cashback rebates with your crypto trading with one of our selected brokers?
When you start trading on Forex, one of your trading journey's essential parts is choosing a reliable broker.
Hi everyone. We are very excited to announce a new listing on our rebates category, for those trading cryptocurrencies CFDs.

CryptoAltum main features are:

Zero fees on deposits and withdrawals.
Accepts account deposits in BTC, ADA, ETH, LTC, XRP, BCH and USDT.
BTC/USD with low spreads (from $1.75), zero trading commissions.
Secure funding, fast and anonymous withdrawals 24/7.

Find out more on our complete CryptoAltum review.
If you would like to find a reliable broker, you need to examine the commissions on the investments you'll utilize the most, look for brokers who have a proven track record of dependability, keep an eye out for account minimums and for account fees.
check this article, if u curious about crypto payment , it might help u https://www.investopedia.com/tech/bitcoin-payment-services-introduction/
Where is the guarantee that the forex dealer will be honest? Has anyone experienced a scam?
[quote=MickyDyar ]Where is the guarantee that the forex dealer will be honest? Has anyone experienced a scam?[/quote]
You can check ratings in the broker list to minimize your risk. There is no guarantees, of course.
I actually think is better to trade crypto with a forex broker, that way you can use leverage and you don't need to have an e-wallet, just make sure you find a regulated broker with a good reputation