Cryptocurrencies are digital benefits which have recently become magnificent popular on the financial market spectrum. The Crypto part of the benefit class name arises from the use of modern cryptography ways for securing the transactions and transfer of these benefits. The first and by far most famous cryptocurrency is Bitcoin among over 30 other cryptocurrencies and their hundreds of statements are 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 benefit class and investing in such benefits carries much risk as we explain below.
Can we buy and sell CFDs in Cryptocurrencies with MasterECN?
The fast answer is YES.
Can we buy and sell CFDs in Cryptocurrencies with MasterECN?
The fast answer is YES.
MasterECN is a licensed and regulated broker which offers CFDs in Cryptocurrencies trade.
Anyone can buy Cryptocurrencies much alike anyone can go to their bank tomorrow and buy some Swiss Franks (CHF). Anyone cannot however physically hold a bunch of Bitcoins (BTC) in their hand for example – these when bought are owned digitally.
This process may be bit longer than you think therefore the alternative is for you to invest in cryptocurrencies on CFD basis just as you can invest in Gold CFD or in EUR/USD. In this way you can take profit from the change in the price of a cryptocurrency against a currency immediately based on current market prices. Please note here trading Forex and CFD is risky. You can loose all of your invested money.
MasterECN provide you the chance to buy and sell over 10 of the top traded cryptocurrencies on CFD basis immediately using our MT5 platform.
Don’t forget that trading with MasterECN gives you the advantage of using lightning fast transaction performance speeds and tough spreads. What else do you require to support your cryptocurrency trade?
Open Your Demo or Live account now and let us know what You think about this and what You would like to see next from MasterECN!
Let’s get a more technical
MasterECN provide You a leverage of 1:5 for all cryptocurrencies.
- You can trade CFDs in cryptocurrencies with MasterECN 24/5.
- You can trade CFDs in cryptocurrencies on all live account, or Demo account!
- You can trade CFDs in cryptocurrencies using tools.
- The small print in large font.
- Margin Based on position size of 1 lot.
- 1 lot equals 1 contract.
- Triple Swaps is applied on Friday. Swaps might be adjusted daily based on market conditions and are applicable to all open positions.
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 |
BTCEUR | Bitcoin vs. EUR | 0.01 | 10 | Mon. – Fri. 00:05 — 23:55 | EUR |
BTCCNH | Bitcoin vs. CNH | 0.01 | 10 | Mon. – Fri. 00:05 — 23:55 | CNH |
BTCGBP | Bitcoin vs. GBP | 0.01 | 10 | Mon. – Fri. 00:05 — 23:55 | GBP |
ETHUSD | Ethereum vs. USD | 0.10 | 100 | Mon. – Fri. 00:05 — 23:55 | USD |
ETHEUR | Ethereum vs. EUR | 0.10 | 100 | Mon. – Fri. 00:05 — 23:55 | EUR |
ETHCNH | Ethereum vs. CNH | 0.10 | 100 | Mon. – Fri. 00:05 — 23:55 | CNH |
LTCEUR | Litecoin vs. EUR | 1 | 20 | Mon. – Fri. 00:05 — 23:55 | EUR |
LTCUSD | Litecoin vs. USD | 1 | 20 | Mon. – Fri. 00:05 — 23:55 | USD |
LTCCNH | Litecoin vs. CNH | 1 | 20 | Mon. – Fri. 00:05 — 23:55 | CNH |
DSHUSD | Dash 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 |