Cryptocurrency CFDs
Cryptocurrencies are volatile, unregulated, decentralised and controlled almost exclusively by retail speculators. Trade the world’s newest and most exciting asset class as CFDs with an FSA regulated Forex CFD Provider.
Now you can trade Cryptocurrency 7 days a week on MetaTrader5. The leverage available on Cryptocurrency pairs BTCUSD, ETHUSD, LTCUSD and BCHUSD is now 1:200 for clients registered with Raw Trading (not UK clients).Unlike other asset classes (FX, Equities, CFDs on Commodities, etc.), the Cryptocurrency market is dominated by retail speculators. With OranusFX Cryptocurrency CFDs, you will trade in a market where there is no central bank intervention, interbank dealers controlling order flow or giant pension funds moving prices.
Price movements on Cryptocurrencies like Bitcoin or Ethereum are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency CFDs an exciting product for aggressive and experienced day traders.
OranusFX Cryptocurrency CFD product allows traders to go long or short without actually holding the Cryptocurrency. This means traders can get exposure to the price of the Cryptocurrency without worrying about the security risks associated with storing it and the counterparty risk from the exchange. This is similar to trading Energy Futures such as oil rather than owning physical oil to speculate on its price.
Cryptocurrency CFDs
Facts
- 1:200 Leverage MT5 1:5 Leverage
- Trade the market 7 days a week
- Long or short
- No commissions
- MetaTrader 4 and 5
- REAL live support!
How does Cryptocurrency CFD
trading work?
Bitcoin is a digital cryptocurrency that derives its value from supply and demand factors unique to this asset class.
Bitcoin is available in a finite supply and therefore increases in price as demand increases.
Demand stems from speculative sources and more practical sources, for example Internet purchases paid for in Bitcoin.
Bitcoin also has a tendency to react to market sentiment in more traditional markets such as equities and foreign exchange, increasing during periods of negative sentiment.