TRADE CRYPTOCURRENCIES

The Basics
Cryptocurrencies are digital assets which have recently become incredibly popular on the financial market spectrum. The Crypto part of the asset class name originates from the use of modern cryptography methods for securing the transactions and transfer of these assets. The first and by far most popular cryptocurrency is Bitcoin among over 30 other cryptocurrencies and their hundreds of specifications available online today. It is worth noting that unlike currencies, cryptocurrencies are decentralized or in other words not part of any centralized banking system such as the Federal Reserve system. As such Cryptocurrencies are a very risky asset class and investing in such assets carries much risk as we explain below.

Can I buy and sell CFDs in Cryptocurrencies with The BullFX?

The short answer is YES.

The BullFx is a licensed and regulated broker which offers Cryptocurrencies trading.

You can buy Cryptocurrencies much alike you can go to your bank tomorrow and buy some Swiss Franks (CHF). You cannot however physically hold a bunch of Bitcoins (BTC) in your hand for example – these when bought are owned digitally.

This process may be a bit longer than you think therefore the alternative is for you to invest in cryptocurrencies on CFD basis just like you can invest in Gold CFD (i.e. XAU/USD) or in EUR versus USD (EUR/USD). In this way you can benefit from the change in the price of a cryptocurrency against a currency instantly (i.e. BTC/EUR) based on current market prices. Please note that trading Forex and CFD is risky. You can loose all of your invested capital.

The BullFx offers you the opportunity to buy and sell over 10 of the top traded cryptocurrencies on CFD basis instantly using our MT4 platform.

Don’t forget that trading with The BullFx gives you the advantage of using lightning-fast transaction execution speeds and tight spreads. What else do you need to support your cryptocurrency trade?

Open Your Demo or Live account now and let us know what You think and what You would like to see next from The BullBullFX!

Instruments Name Min. Ticket Size Max. Ticket Size Trading Steps (Lots) Currency
BTCUSD Bitcoin vs. USD 0.01 10 Mon. - Fri. 00:05 -- 23:55 USD
ETHUSD Ethereum vs. USD 0.10 100 Mon. - Fri. 00:05 -- 23:55 USD
LTCUSD Litecoin vs. USD 1 20 Mon. - Fri. 00:05 -- 23:55 USD
XRPUSD Ripple vs.USD 0.10 1000 Mon. - Fri. 00:05 -- 23:55 USD
Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Forex and CFD Trading involve a significant risk to your invested capital. Please read and ensure you fully understand our 'Risk Disclosure'.