Ethereum Trading with TradeDirect365​

 

Trade the price movement of the world’s second largest cryptocurrency – Ethereum – using
CFDs and take advantage of market volatility without owning any Ethereum.

 

Advantages of Trading Ethereum with TD365

  • Tight, Fixed Spreads

    Trade Ethereum with a fixed spread of 8pts – fixed throughout the day (and night) with one of Australia’s best value CFD providers.

  • Low-Cost Ethereum Trading

    TD365 is one of Australia’s lowest-cost CFD brokers, offering transparent trading costs through fixed spreads and low (or no) commission charges.

  • No Commission Fees

    We do not charge commissions on Ethereum trades.

  • Trade on Desktop, Mobile, Tablet

    Trade on the go anytime, anywhere in the world with our innovative CloudTrade trading App.

  • Go Long or Short on Ethereum

    Speculate on the price movement of Ethereum by buying it (going ‘long’) and/or selling it (going ‘short’).

  • We are ASIC-Regulated

    TD365 is a trading name of Finsa Pty Limited (AFSL No. 422661).

TD365 Cryptocurrency Market Information

 

Cryptocurrency
Spread
Spread Type
Margin Factor
Trading Hours (AEST)
Bitcoin ($) 70 Fixed 40% 07:05 Mon to 06:45 Sat
Ethereum 8 Fixed 40% 07:05 Mon to 06:45 Sat
Ripple 1 Fixed 40% 07:05 Mon to 06:45 Sat

 

More Market Information >>

What is Ethereum?

Ethereum is a digital software platform, like Microsoft Windows, where people can build decentralised applications, like security programs and identity software, on top of the Ethereum platform. Ethereum was launched by Vitalik Buterin in 2014.

Many people get confused between Ethereum and Ether. The Ethereum website solves this – “Ether is the crypto-fuel for the Ethereum Network” – Ether is essentially the money that is used for payment on the Ethereum network. So, while we often view Ethereum as a cryptocurrency, the more accurate name to call it is Ether.

Like Bitcoin, Ethereum’s price skyrocketed in 2017, however there are some key differences between the two; notably that Bitcoin aims to be a store of wealth and eventually become a global form of currency, whereas Ethereum aims to become a software platform upon which smart contracts and decentralised apps can run.

Tradedirect365 Trading App

How Can You Trade Ethereum using a CFD Trading Platform?

When you trade Ethereum (or Ether) using CFDs, you never actually own any Ethereum – this differs from buying and selling Ethereum tokens, where you need to access an exchange and virtual wallet to buy & sell the Ethereum tokens which can take days/ weeks. When you trade CFDs, all you need is a TradeDirect365 account, which takes 5-10 minutes to apply for.

Once your account is live and you’ve logged into the trading platform, you will see Ether listed under our Cryptocurrency’s tab. Rather than buying Ethereum (and taking full ownership of it) when you open a trade, all you are actually doing is speculating on the price movement of Ether. For example: if you think the price of Ether will decline, then you would open a SELL trade. If the price of Ether does go down, then you would make a profit on that trade. If the price goes up, you will make a loss.

Remember, CFDs are leveraged products; this means that you will only ever need to make a small deposit to gain full exposure to the value of a trade. This has its advantages and disadvantages.

You can open LONG (buy) or SHORT (sell) Ether trade positions with TD365 – our Ether spread is fixed at 8 points and margin requirements are 40%. Guaranteed stop losses are available.