Cryptocurrencies

Cryptocurrencies trading is available in the platform MetaTrader 5. When trading CFD's on cryptocurrencies no commissions are charged. The trading conditions can be found in the following table:

Code in MT5 Volume in 1 lot Max. volume Min. volume Average spread Margin
BTCUSD (Bitcoin) 1 Bitcoin 2 lots 0.01 lots 130 USD 25%
ETHUSD (Ether) 10 Ether 2.5 lots 0.01 lots 14.2 USD 25%
LTCUSD (Litecoin) 10 Litecoin 10 lots 0.01 lots 3.7 USD 25%
XRPUSD (Ripple) 100 Ripple 100 lots 0.01 lots 0.06 USD 25%

Trading hours

BenchMark offers trading with CFD's on cryptocurrencies through its MetaTrader 5 platform from 20:15 GMT on Sunday to 19:55 GMT on Friday.

Rollover interest for CFDs on cryptocurrencies

All open Index CFD positions at 21:00 GMT are rolled forward to the next trading day:

  • When holding long/short position in BTCUSD, ETHUSD, LTCUSD or XRPUSD you will be charged with a rollover based on Inter-Bank Offer in USD, plus a markup of 40% (USD LIBOR + 40%).

Risk management

Important: We remind you that crypto trading is extremely risky and there is real threat of losing all invested capital. Keep in mind that investors may not be able to realize their positions for a long period due to strong price volatility or lack of liquidity. Considering that this product is extremely risky and highly speculative, customers should be aware that circumstances that are beyond BenchMark's control could result in suspension of quotes, disable opening positions and closing all open positions of all clients without notice.