Trade with GBE brokers
Trading FX and CFDs is risky. Retail Clients are covered with negative balance protection.
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 GBE brokers?
The short answer is YES.
GBE brokers is a licensed and regulated broker which offers CFDs in Cryptocurrencies trade.
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.
GBE brokers 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 GBE brokers 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 GBE brokers!
Let’s get a bit more technical
GBE brokers offers You a leverage of 1:5 for all cryptocurrencies.
- You can trade CFDs in cryptocurrencies with GBE brokers 24/5!
- You can trade CFDs in cryptocurrencies on all our accounts, even on our Demo account!
- You can trade CFDs in cryptocurrencies using our tools!
The small print in large font
- Margin Based on a position size of 1 lot.
- 1 lot equals 1 contract.
- Triple Swaps is applied on Friday. Swaps may be adjusted daily based on market conditions and are applicable to all open positions.
The below table includes all the cryptocurrency pairs which you can trade at GBE brokers:
|Instruments / Instrumente||Name||Min. Ticket Size / Min. Handwlsgröße||Max. Ticket Size / Max. Handwlsgröße||Trading Steps (Lots) / HAndelsschritte||Currency / Währung|
|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|
|BCHUSD||Bitcoin Cash vs. USD||0.01||10||Mon. Fri. 00:05 – 23:55||USD|