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City Index, one of the largest spread betting and CFD brokers has just launched trading in Ethereum.
Cryptocurrencies have taken a bit of a back burner since the mania of last year, which is a good thing really.
However, should you feel the need to have a punt on Ethereum, City Index has added the contract to it’s platform, here are the stats…
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I would expect more brokers to continue to add cryptocurrencies to their offering, not so much as a way of winning new business but in order to satisfy the whims of existing customers.
After all the best broker is one that makes your life as a trading easy and decent market coverage is just as important as pricing and margins.
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Richard started the Good Broker Guide in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously acting as multi asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2000.