Symbol | Description | Spread | Digits | Contract Size |
---|---|---|---|---|
BTCUSD | Bitcoin vs US Dollar CFD | 65.00 | 2 | 1 |
ETHUSD | Ethereum vs US Dollar CFD | 12.00 | 2 | 1 |
LTCUSD | Litecoin vs US Dollar CFD | 11.00 | 2 | 1 |
XRPUSD | Ripple vs US Dollar CFD | 0.06000 | 5 | 100 |
Cryptocurrency trading has taken off fiercely in 2017 moving from a highly speculative asset used primarily by programmers to the preferred choice of trading for many newcomers to the markets. The severe level of volatility seen in the cryptocurrency space is generally unmatched by traditional markets and that means the potential for profits and losses is magnified while the need for leverage is reduced. In addition, the cryptocurrency movement is primarily driven by retail speculators rather than banks, hedge funds and institutional investors. That results in a market that has traits unseen in regulated markets such as the free availability of market sentiment data, no scheduled or predictable new events and asset demand that has soared in recent times.
We offer cryptocurrency CFDs so you don’t need to worry about using wallets, private keys or losing physical cryptocurrency. Benefit from the fluctuation in value of the cryptocurrency being traded without the risks associated with handling and storing the actual asset. *CFD trading is high risk and you may lose your entire investment.
Since we offer cryptocurrency trading in the form of CFDs we provide the ability to sell cryptocurrency when you do not already own it. This allows you to speculate on the fall as well as rise of cryptocurrency values as long as you have a fiat currency balance in your trading account.
Take a larger cryptocurrency position than you have the funds for. We offer leverage that allows you to buy or sell more cryptocurrency than you would be able to on an exchange (50% stop out level applies). We support long term buy and hold strategies as well as short term trading.