| Online Broker | Ethereum Trading Platforms |
|---|---|
| City Index | Advantage Web, AT Pro Ethereum Trading Platforms |
| Plus500 | Plus500 CFD Platform Ethereum Trading Platforms |
| Dukascopy | MT4, JForex Ethereum Trading Platforms |
| Pepperstone | MT4, MT5, cTrader, TradingView Ethereum Trading Platforms |
| Vantage FX | MT4, MT5 Ethereum Trading Platforms |
| IronFX | MT4 Ethereum Trading Platform |
Shorting Ethereum Or Going Long with a CFD Broker
One way of trading Ethereum (ETH) is to trade it as a CFD. A CFD is a contract between the trader and the CFD provider which allows the trader to speculate on the movement of the value of ETH on cryptocurrency exchanges without having to own any ETH, without having to trade on an exchange and with the capacity to use the online trading platforms and tools provided by the broker to trade Ethereum CFDs and a range of other markets. This means that platforms such as MT5, cTrader and web traders can be used to trade ETH. It also allows the trader to trade on margin (to use leverage), however Ethereum is extremely volatile and increasing leverage increases risk.
What is shorting and going long ?
Going short on a market is speculating that the market will decrease in value relative to its value at the beginning of the trade. The opposite is to go long, that is speculate that the market will increase in value. With a CFD, it is possible to go long or short.
What is ETH ?
ETH is the symbol used to identity the cryptocurrency ether when it is traded on cryptocurrency exchanges.
What is ether ?
Ether is the cryptocurrency used as a value token on the Ethereum platform.
What is the Ethereum platform ?
The Ethereum platform is a platform allowing the use of smart contracts to run on the Ethereum network. Ether is used to pay for the cost in resource requirements of running a smart contract on the Ethereum network.
