| Online Broker | Minimum Deposit | About |
|---|---|---|
| Pepperstone | $200 Minimum Deposit | Pepperstone offers Crypto CFD trading on MT4, MT5, cTrader and TradingView About |
| Oanda Global | None Minimum Deposit | Oanda Global provides Crypto CFD trading on MT4 and MT5 About |
| IronFX | $50 Minimum Deposit | IronFX offers Crypto CFD trading on MT4 About |
| IC Markets | $200 Minimum Deposit | IC Markets provides Crypto CFD trading on MT4, MT5 and cTrader, with 24/7 trading and leverage up to 200:1 About |
| ThinkMarkets | None Minimum Deposit | ThinkMarkets offers Crypto CFD trading on MT4, MT5 and user friendly ThinkTrader About |
| Dukascopy | $1000 Minimum Deposit | Dukascopy provides Crypto CFD trading on MT4 and JForex, with 24/7 trading About |
Cryptocurrency CFD Trading on MT4
The brokers offer CFD trading of cryptocurrencies on MetaTrader 4 (MT4). MT4 is a platform which supports both discretionary trading (where the trader makes the trading decision) and automated trading, where algorithms make the trading decisions. MT5 Cryptocurrency CFD trading is also available at some brokers.
How does MT4 support discretionary trading ?
MT4 provides a range of charting tools, including a range of technical indicators, enabling the trader to analyse markets. Technical indicators are available on the platform, but more can be added.
How does MT4 support automated trading ?
MT4 provides Expert Advisors (EAs) which are automated trading strategies. These can be bought, modified or built by the trader.
Does the trader own the cryptocurrency when trading it as a CFD ?
When CFD trading the trader does not own the cryptocurrency. Rather they are speculating on the price movement of the cryptocurrency. As they do not own it, the trader does not need a wallet or other means to store it and can go long or short.
