Cryptocurrency CFDs are available for trading in MetaTrader 5 platform. When trading cryptocurrencies no commissions are charged.
|Code in MT5||Volume 1 lot||Maximum
|Average spread||Margin professional||Margin Retail|
|BTCUSD (Bitcoin)||1 Bitcoin||2 Bitcoins||40 USD||10%||50%|
|ETHUSD (Ether)||1 Ether||25 Ether||5 USD||10%||50%|
|LTCUSD (Litecoin)||1 Litecoin||25 Litecoin||2 USD||10%||50%|
|XRPUSD (Ripple)||1 Ripple||10 000 Ripple||0.013 USD||10%||50%|
For hedging positions in cryptocurrencies the full margin amount is applied for both long and short position.
Cryprocurrency trading is open from 21:15 GMT on Sunday to 21:00 GMT on Friday.
All open positions at 21:00 GMT are rolled forward to the next business day. For holding a position in BTCUSD, ETHUSD, LTCUSD or XRPUSD rollover fee will be charged based on the position direction.
For long position the swap rate is minus 10%, calculated on annual basis, and for short positions the swap rate is plus 5%, calculated on annual basis.
Example for swap rate calculation:
Important: Cryptocurrency CFDs trading is extremely risky, highly speculative and there is a risk of losing all invested capital. This is а derivative product traded on an unregulated market and is therefore exposed to all risks associated with derivative products and all risks associated with its underlying asset price movements. Clients should be aware that due to a strong market volatility, lack of liquidity, and expanded distribution, an order can be executed at a price different from the one set by the client. It is also possible, in particular circumstances, to follow suspension of quotes, lack of availability for closing positions, lack of availability for opening new positions, closure of all open positions without prior notice, at specified prices by BenchMark Finance.