Cryptocurrency CFDs (Contact for Difference) offer a possibility to trade on the cryptocurrency market without the need of owning any coins at all. A crypto CFD is a contract between the buyer and seller, where typically the seller will pay to the buyer the difference between the current value of the crypto asset and its value at end of the contract.
By the end of 2016, more than 700 digital currencies were introduced and co-existed. Bearing that in mind, it came as no surprise that during 2017 the total trading volume of the digital currency market has reached $98,352,688,563. This phenomenal sum is even more astonishing when considering the simple fact that this market started only 8 years before. A big advantage of digital currencies is that they are not tied to a specific country or bank, therefore allowing them to be liquid not only during traditional trading hours, but also throughout weekend and holidays, allowing people to trade on them 24/7*.
Get instant access to the most popular cryptocurrencies available directly on our trading platform: Bitcoin, Ethereum, Litecoin, Dash and Ripple. Trade the hottest financial market’s instrument, that gained over ~1500% from the beginning of 2017.
FOR EXAMPLE:
You buy 5 Bitcoins at $19,655.23 per unit (using our leverage). You trade the BTCUSD and after 1 week you decide to sell your Bitcoin units and earn a profit of $557.05. A week after you opened your position, Bitcoin was quoted at $19,655.23 (Bid price) to 19,766.41 (Ask price).
You bought 5 units and paid $98,276.15. You sold the 5 unite and got $98,832.05. You earned $555.90. You didn’t actually buy any Bitcoins or sold any Bitcoins at no point. All you did was simply using eBroker’s leverage and investing on the market performance of the digital currency pair.
Trading with FTSE100 is commission free, and you don’t need to pay hidden charges or extra fees. Our spreads are fixed, and we strive to keep trading costs as low as possible. From time to time we will adjust spreads before major financial events or to allow you to invest more cheaply on particular assets.
Our trading platform allows you to trade some of the world’s most popular cryptocurrencies such as Bitcoin, Litecoin, Ripple and Ethereum as CFDs. When you trade on a cryptocurrency, you are investing on its future performance without actually buying the asset itself.
Below are FTSE100‘ most popular cryptocurrencies:
FTSE100 allows you to gain high levels of exposure with relatively small investment sums, using up to x200 leverage. When you open leveraged positions you are basically investing using FTSE100`s money and can make much higher profits. We strongly recommend that you visit our education center to learn more about how to use leverage effectively.
Crypto trading is relatively new, but not different than most other forms of trading. Opening a position enables you to speculate on future digital currency pair movements through investing a reasonably small amount of capital and without paying fees to any third parties.
Unlike traditional trading, there is no actual need to physically exchange digital currencies. Instead, what you are trading on is the price movements of your selected digital currency pair.
Online Cryptocurrency trading is already a highly popular form of investment with millions of traders worldwide. Almost anybody can trade Cryptocurrencies if they are willing to apply the basic principles of risk management. The FTSE100 online Education Center contains all the learning tools and educational resources that you need to begin online Cryptocurrency trading.
Many of FTSE100 top investors signed up as absolute beginners with no experience of the financial markets. They used the Education Center and free Demo Account to master the basics of Cryptocurrency trading. Cryptocurrency traders range from novice investors who trade part time, to expert investors who manage complex personal portfolios on a full time basis. The FTSE100 platform gives you the freedom to set your own financial goals and manage your own investments.
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