Trading cryptocurrency CFDs with OANDA Global Markets

You can trade cryptocurrencies as CFDs from the same OANDA trading account that you use to take a position on FX, indices, metals, commodities and bonds CFDs. Please refer to our website for the list of supported cryptocurrencies, for current spreads and leverage offered on cryptocurrencies.

Trading cryptocurrency CFDs means you will not acquire any physical holdings of cryptocurrencies, but rather only trade the performance of the underlying asset.

Below are additional information regarding OANDA’s cryptocurrency CFD offering:

Trading cryptocurrency CFDs from your OANDA account means you do not need to maintain separate hot (online third party) or cold (offline/hardware) wallets to store cryptocurrencies.

You can start trading cryptocurrency CFDs from your OANDA account immediately, and do not need to apply and wait for approval with a private cryptocurrency exchange.

OANDA has lowered the barrier to entry into the cryptocurrency markets. You can take fractional positions down to 0.01 of a cryptocurrency.

OANDA offers leverage or margin on cryptocurrency CFD trading. Please visit our website for current margin rates.

Trading cryptocurrency CFDs allows you to short sell and take advantage of market downturns.

Please refer to our website for cryptocurrency CFD trading hours.

Please refer to our website for cryptocurrency CFD financing costs.

OANDA Global Markets offers CFDs on various cryptocurrencies and we take our pricing from various liquidity providers. The protocols of a blockchain network are not under our control and there can be changes to the blockchain protocols which result in forking events where a cryptocurrency splits into two or more digital assets.

We support neither forking nor airdrops and we are under no obligation to do so. Should such an event occur you agree that we have the sole right, title and interest to any digital currencies and digital assets that occur or are created as a result. We shall have the sole discretion to take any action with or without any advance notice to you, notwithstanding that we are under no obligation to take such action.

A fork is when there is an update of change to the blockchain software that results in a split in the blockchain network. The result of a fork is that a new second cryptocurrency will be created on that forked blockchain.

An airdrop is a marketing event where to promote a new digital currency; an issuer may send coins or tokens to wallet addresses of members of the blockchain community. This may be for free or in return for a small service.