Cryptocurrencies are technology derived exchange that has vastly increased its value over the last eight years.
The first cryptocurrency, Bitcoin, was established in 2009 by Satoshi Nakamoto. He was developing a P2P system that allowed users to exchange money over the internet.
The Benefits of Trading Cryptocurrencies
With the increasing trade volumes in cryptocurrency, risk-lover traders can enjoy high volatility price movements. Furthermore, as cryptocurrency is not affected by country’s economy or geopolitical influences, it can be a feasible instrument for diversification and hedging.
Trading Cryptocurrency with Eone FX
- With the Eone FX’ MT4 platform, clients can trade bitcoins against two major currencies, Euro and US dollar.
|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|
|BTCEUR||Bitcoin vs. EUR||0.01||10||Mon. – Fri. 00:05 — 23:55||EUR|
Eone FX MT4 Server Time, which is GMT +2 in the winter, and GMT +3 in the summer.
Session break times for all Cryptocurrencies are not applicable.
Minimum Ticket Size
The minimum ticket size is in lots on all is Cryptocurrencies 0.01.
Maximum Ticket Size
The maximum ticket size is in lots on Cryptocurrencies is 10.
The trading steps are in lots, and are 0.01.
Margin for Contract in % of the Contract Value
The margin for all Cryptocurrencies is 100%.
The margin call is 200%.
The stop-out (or liquidation MT4 margin level) is 100%.