Crypto FX


If you are looking to speculate on short-term price action, trading Crypto FX is the secure, flexible and hassle-free way to trade cryptocurrencies like Bitcoin and Ethereum

Benefits of Crypto FX

  • Hassle-free – manage your crypto trading on an easy-to-use platform and don’t worry about crypto wallets, cold storage or recovery seeds.
  • Flexible – go long or short with leverage to capitalize on rapid price movements. Ability to profit from rapid price movements using our mobile application, installation (desktop) version or web version of the platform.
  • Secure – keep your focus on price movement. You don’t own or store the coins, so you don’t need to worry about crypto exchange hacks or losing access.
  • Trusted – trade with a licensed and regulated investment broker that has been at the forefront of brokerage services for over 30 years.

Trading conditions

See the trading conditions for Crypto FX

Frequently asked questions:

All clients that qualify to trade FX have access to our crypto offering. If you can’t find crypto FX instruments it’s probably because the instruments are not enabled. Go to Settings > Trading Products and enable the Forex instruments.

Crypto FX is open for trading 24 hours a day, 5½ days a week, opening on Monday morning in Australia (05:04 Local Sydney Time) and closing on Friday evening (16:59 Eastern Standard Time).
Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.

Crypto FX pairs support fractional trading which allows you to trade in fractions of crypto.
This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.

  • Crypto FX pairs are not subject to a minimum commission. Please refer to Trading Conditions for additional information.
  • You can also click on the “i” information icon on the product overview from the trading platform.
  • Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (17:00 Eastern Standard Time) are rolled forward to the next available business day. You can find more information on the rollover procedure in the trading conditions.

Minimum trade size for Crypto FX pairs varies depending on which pair you trade:

  • Trading in Bitcoin pairs starts from a minimum of 0.01 BTC
  • Trading in Ethereum pairs starts from a minimum of 0.1 ETH

Elana Trading will apply an Exposure limit of USD 200 000 per coin for Retail and USD 500 000 per coin for professionals.

You can short crypto using Crypto FX pairs, allowing you to benefit from falling prices.

A crypto wallet is not required because you do not own the underlying coins when trading Crypto FX pairs. This also means that there is no need for cold storage solutions or recovery seeds.
Elana Trading does not allow funding or withdrawal in cryptocurrencies.

Crypto FX pairs are leveraged instruments that allow you to open positions in greater sizes than your available collateral. Please note that leveraged instruments amplify both trading gains and losses.

The trading profit/loss will always be settled in the second currency in the Crypto FX pair which is always the fiat currency e.g., BTCUSD will be settled in USD and converted to your account currency.