ETHEREUM TRADING
EVERYTHING YOU NEED TO KNOW ABOUT TRADING ETHEREUM CFDs THE easyMarkets WAY
What is Ethereum (ETH)
Ethereum was created to address some of the transactional weakness of Bitcoin. Where as Bitcoin is a great holder of value, Ethereum is an improved blockchain that offers transaction speed, as well as some automated smarts called ‘smart contracts’ or contract triggers.
Ethereum has some real world financial capability that supports two parties being able to transact without a middle man, but what Ethereum does that is better than Bitcoin, is that it allows such transactions to occur automatically, or against specific rules.
So for example, if you entered into an Ethereum smart contract, you could have arranged to be paid automatically when a trigger even occurs. This allows rules to be setup around automated payments, negating the need for a middle-man process to manage the payment. Such smart contracts have enormous application in the real world in removing transactional delays that occur in current financial processes.
What is the difference between trading Ethereum CFDs and buying Ethereum?
There are two main ways to buy and trade Ethereum:
- Using traditional exchanges, you can buy Ethereum in the hope of selling it at a profit. Depositing into exchanges is notoriously difficult with deposit methods being difficult and cumbersome. The buying process is also complex, and requires you to buy Ethereum coins at market value, and you only make a profit when you sell and someone else buys your coin from you. In a falling market, this strategy may fail if you can't sell your coins.
- Trading with easyMarkets CFDs allows you to purchase an Ethereum market position at market value, without actually owning the coin. Instead of having to sell your coin to make a profit, you can simply close your position effective immediately. A buyer of your coin is not required, and you can walk away with your profits in seconds, rather than waiting for a buyer to purchase.
How leveraged Ethereum trading works
Ethereum contracts for difference (CFDs) give you access to the Ethereum market price without you having to purchase any Ethereum. This trading method provides an alternative way of trading because you don’t hold any actual Ethereum and also means you don’t need to use a wallet to store them.
Ethereum is mostly quoted against the USD, so when you buy Ethereum on an exchange, you are selling USD and buying Ethereum. If the Ethereum price rises, you could sell it for a profit, however if Ethereum's price falls, then you end up making a loss on the trade if you close your position.
When you trade Ethereum with easyMarkets CFD's, instead of taking ownership of Ethereum, you’re opening a position that can increase in value as Ethereum's price increases against the USD.
You can use CFD's to open short and long positions, to take advantage of rising or falling markets. Ethereum can be traded on our easyMarkets trading platforms, as well as on Metatrader 4 (MT4).
Cryptocurrency Trading Plaform
What's the difference between Bitcoin and Ethereum?
Similar to Bitcoin, Ethereum is a publicly distributed blockchain network.
Although there are some substantial similarities between Bitcoin and Ethereum, the most important noted distinction is that Bitcoin and Ethereum differ substantially in purpose and capability and are driven by different processes.
Bitcoin offers a specific type of blockchain technology called a 'peer to peer' electronic cash system which enables online transfer of payments.
Blockchain technology has been used to create applications which go beyond just supporting cryprocurrency transactions. These new applications like Ethereum are sometimes referred to as blockchain 2.0 or crypto 2.0.
Launched in 2015, Ethereum is the largest and most established open ended decentralised software platform that supports smart contracts and distributed applications. It is clearly more than just a cryprocurrency that includes its own programming language.
Whilst both Bitcoin and Ethereum are powered by distributed ledgers, Ethereum is an expanded version of Bitcoin that support additional automated functionality and a wider commercial application.
Ethereum is mostly quoted against the USD, so when you buy Ethereum on an exchange, you are selling USD and buying Ethereum. If the Ethereum price rises, you could sell it for a profit, however if Ethereum's price falls, then you end up making a loss on the trade if you close your position.
When you trade Ethereum with easyMarkets CFD's, instead of taking ownership of Ethereum, you’re opening a position that can increase in value as Ethereum's price increases against the USD.
You can use CFD's to open short and long positions, to take advantage of rising or falling markets. Ethereum can be traded on our easyMarkets trading platforms, as well as on Metatrader 4 (MT4).
Open A Trading Account Now
There's no minimum balance to open an account, it takes minutes to create, and there's no obligation to fund or trade. Open an account to experience our platform and trading features.
Live Ethereum Price Chart
Use the live interactive Ethereum price chart below to view the market and consider your trading opportunities and strategy. Use the chart drawing tools to place support and resistance lines on the chart to determine trading parameters.
Why trade Ethereum with easyMarkets?
Trade Long Or Short Positions
Unlike other cryptocurrency exchanges, you can make money in both a falling and rising market by trading cryptocurrency CFDs.
Dont' Lose A Trade?
easyMarkets pioneered dealCancellation, where you can cancel any losing trade within the first hour and recover all your losses.
Segregated Funds
To protect client deposits, all client funds are separate to easyMarkets company funds and are not available to be used for easyMarkets operating purposes.
Capital Adequacy
We maintain sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses.
No Wallets Needed
Unlike cryptocurrency exchanges that have a history of being hacked, your funds are safe in our accounts with no complicated wallet storage procedures or risk of being hacked.
Deposit & Withdrawals
An online cashier to make account funding easy, straight forward and without complicated procedures.
Regulation and Security
easyMarkets is regulated by both ASIC and CySEC. We offer our clients negative balance protection and their funds are held in segregated accounts.
Top Tier Banks
Your funds remain safe and secure in top tier, low credit risk, global banks. Only you can access your funds.
Unique risk management with easyMarkets
Negative Balance Protection
No matter what happens during a trade you can rest assured that your account balance will never go below zero.
Free Guaranteed Stop Loss
Set the lowest price that you are comfortable with and set stop-loss to close your deal when it is reached. A great risk management tool, offered to you at no additional charge.
Fixed Spreads
Many brokers adjust their spreads depending on how active the markets are. easyMarkets offers fixed spreads so you know exactly what you will pay when you trade.
dealCancellation*
easyMarkets allows you to cancel a losing trading within a specific period of time for a small fee. Think of it as insurance for your trade, if you are unsure of its outcome.
ASIC Regulated
easyMarkets is regulated in the Asian Pacific region by ASIC
Open A Trading Account Now
There's no minimum balance to open an account, it takes minutes to create, and there's no obligation to fund or trade. Open an account to experience our platform and trading features.
easyMarkets Ethereum Trading
easyMarkets opened up forex trading to the retail market making it accessible to anyone with an internet connection. Now they’re doing it again by simplifying Ethereum trading so you can access the most exciting asset in the market today.
24/5 Support
Our team is ready to answer your questions and help you get started.
Safety
Since 2001, trader safety has been at the core of everything we do.
Trade Anywhere
Trade on mobile, tablet or PC with superior platform execution.
Market Insights
Our market experts will help you understand this new & exciting asset.
Trade Cryptocurrencies Multiple Ways
easyMarkets Platform
Our web trading platform features fixed spreads, zero slippage and an extremely user-friendly interface. New traders will find it easy to navigate and experienced clients will find all the tools they need.
Android or iOS
Access markets anywhere with an internet connect on any Android and iOS device. It features the same great tools and usability as our web platform with the option to set up price notifications when the app isn’t open, so you are never caught by surprise.
easyMarkets MT4
MT4 offers analysis and automated trading tools like chart overlays, price alerts and EAs. Now you can combine easyMarkets trading conditions – like fixed spreads – with the tools available on MT4.
Frequently Asked Questions
Not at all. With easyMarkets you are simply speculating on the price movement of Ethereum ($). You never actually need to purchase any Ethereum, which means you're never exposed to your Ethereum being stolen or hacked from within an unregulated exchange.
There are many factors that determine safety when trading and we try our best to support a safe trading environment. We can confirm that your capital wont be stolen or hacked such as cases with unregulated exchanges that have been hacked and Ethereum stolen. When trading with easyMarkets, your funds are held in segregated accounts separate to company funds that only you can access.
Yes. We offer Ethereum trading across all our platforms as well as MT4.
Open A Trading Account Now
There's no minimum balance to open an account, it takes minutes to create, and there's no obligation to fund or trade. Open an account to experience our platform and trading features.
What our Traders say about us
Offering our clients an exceptional customer experience since 2003
Reviews on
Best APAC Region Broker 2018
ADVFN International Financial Awards
easyMarkets is honored to be the recipient of the panel judged
ADVFN Best APAC Broker award
Australian Regulated
AFSL 246566
easyMarkets Pty Ltd (AFSL 246566 ABN 73107184510) makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites and the information contained does not take into account your personal objectives, financial situation and needs. We recommends that you read the Regulation Page, The Product Disclosure Statement, the Terms and Conditions and the Financial Services Guide before making any decision concerning easyMarkets products.
2018 © easyMarkets Pty Ltd (formerly known as easy forex Pty Ltd) ABN 73 107 184 510 and is regulated by the Australian Securities and Investments Commission (ASIC). Australian Financial Service (AFS) License No. 246566.
easyMarkets Pty is part of Blue Capital Markets Group (Blue Capital Markets Ltd is not regulated by the AFSL and ASIC).
