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CFD trading on Solana

Trade CFDs on SOL price movements with a FOREX.com account.

Trade Solana with CFDs

Enjoy tight spreads and low margins* when you trade CFDs on Solana with FOREX.com.

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Solana CFD market information

† May change due to market conditions.

‡ Crypto extended market hours open 7 days a week. Markets close Friday 9pm UTC - Saturday 8am UTC.

* Please note margin requirements can vary depending on the risks associated with the underlying market. For details of the exact margin requirements on all of our markets, please view the market information sheet in the platform. Increased leverage increases risk.

Background to Solana

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Blue Solana icon

What is Solana (SOL)?

Solana is a decentralised cryptocurrency and altcoin. Using the Solana network, powered by the SOL native token, Solana aims to increase user scalability by providing a flexible infrastructure with faster transaction settlement times.

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Lightning-fast-execution

What makes Solana different?

There are two key properties of Solana that set it apart from its crypto competitors. First, is the project’s speed and scalability. Second, is the unique consensus mechanism it uses, called Proof-of-History.

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How to trade CFDs

Learn all about how to trade CFDs and discover the principles, risks and benefits of this popular method of trading.

Why trade Solana CFDs with FOREX.com?
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Speculate on the Solana price without the need to own the cryptocurrency or have a digital/hardware wallet

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Trade Solana CFDs the same way you would trade CFDs: commodities, shares or indices

Trade with a trusted and regulated broker

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Get Solana insight and the latest news from our Reuters feed

Get the latest market insight

From cryptocurrencies to indices, shares, forex and beyond, discover the latest news and trade ideas from our team of expert analysts and market writers.

Real markets. Virtual money.

New to trading? Start with a risk-free demo account.

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Solana CFD trading FAQs

Can I trade other cryptocurrencies with FOREX.com?

Yes, you can trade a range of cryptocurrencies with FOREX.com, such as Bitcoin, Ethereum, Ripple and Litecoin, available at a margin rate of 25%. Click here to find out more about the cryptocurrencies we offer.

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What are cryptocurrencies?

Cryptocurrencies are digital tokens based on blockchain technology that act as a virtual currency. Many cryptocurrencies are mined into existence through the ‘Proof of Work’ system, involving the solving of complicated mathematical puzzles by high-powered computing software, with a cryptocurrency token made available to the owner as a reward.

However, a newer system known as ‘Proof of Stake’ involves contributors staking their own cryptocurrency in exchange for a chance to validate new transactions, update the blockchain, and earn a reward. Ethereum, for example, is expected to move to the Proof of Stake model in 2022.

Most cryptocurrencies are decentralised, which means that they are not connected to or affected by an authority such as a government or central bank.

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Do I have to trade a whole Solana?

No, one of the main benefits of Solana CFDs is that you can trade fractional amounts and not an entire SOL per transaction.

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How old is Solana?

Solana was founded in 2018 by Anatoly Yakovenko.

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