Orbex launches Crypto CFDs on MT4: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), more

Rick Steves

Orbex is adding crypto to a wide range of trading products available to users, including forex, equities, indices, metals, energies, and futures.

CySEC-regulated FX and CFD broker Orbex has expanded its asset range with the introduction of cryptocurrency trading to address growing demand for the emerging asset class.

The Orbex crypto CFD offering features eleven of the world’s largest coins by market capitalization including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, Dogecoin, Polkadot, EOS, Chainlink and Stellar.

Abdullah Abbas, Chairman of Orbex, said: “Delivering on our promise of providing our clients access to a wide range of markets at the best possible trading conditions, we are very pleased to announce the launch of our new cryptocurrency offering.

“Orbex clients can now diversify their portfolio with some of the world’s leading cryptocurrencies, available to trade with CFDs 24/5. At Orbex, we remain committed to keeping pace with market trends and gauging investor demand in order to continue to innovate with new assets, tools, and services for our clients.”

11 cryptos CFDs on MetaTrader 4

All pegged against the US dollar, the newly listed cryptos can be traded on a 24-hour basis on the broker’s MetaTrader 4 platform as CFD products, which allows users to go long and short and benefit from leveraged trading, which increases both the opportunity and risk.

Crypto CFDs allow users to gain exposure to cryptocurrencies’ fluctuating prices without having to buy or store digital currencies in a wallet. Orbex is adding crypto to a wide range of trading products available to users, including forex, equities, indices, metals, energies, and futures.

Orbex was founded in 2010 and provides trading and investing solutions backed by education, expert research tools and customer support.

The ongoing MENA Seminar Roadshow has seen the Orbex Research Team completing a seminar earlier this month in Kuwait.  Led by the broker’s Head of Training and Market Strategy, Mohammed Al-Mariri, the seminar was hosted by Orbex’s team of market strategists, trading coaches, and research analysts.

Designed to help both novice and experienced traders take their trading to the next level, the Orbex seminar in Kuwait was attended by a great number of local investors eager to learn more about the opportunities of online trading. 

The broker’s MENA Forex Roadshow will see a series of local educational seminars in Bahrain, Oman, Kuwait, Jordan and Egypt.

Read this next

Industry News

Playtech to close Finalto sale to Gopher in two weeks

Playtech, the London-listed gambling software developer, today said it expects to close the divesting of its financial trading division Finalto by mid July 2022.

Retail FX

eToro valuation halved as SPAC merger deadline expires

The deadline for the completion of the SPAC merger of eToro had passed yesterday, June 30, and the Israeli broker apparently canceled the deal with Betsy Cohen-backed blank-check firm.

Institutional FX

FXSpotStream reports second best figure for monthly volumes

Trading volumes on institutional FX platforms surged in June after fears over the impact of Russia’s military invasion of Ukraine sent speculative asset classes reeling.

Retail FX

Vantage expands MT5 offering with access to new stocks

ASIC-regulated foreign exchange brokerage Vantage has expanded its service offering and trading products by incorporating new markets, namely 14 exchange-based stocks on MetaTrader 5.

Digital Assets

CFTC charges $1.7 billion Bitcoin scam, largest to date

Mirror Trading accepted at least 29,421 Bitcoin from approximately 23,000 investors from the United States and even more throughout the world.

Retail FX

Spotware Systems upgrades cTrader Desktop to version 4.3

Spotware Systems, a technology provider for the electronic trading industry, has launched an updated version of its cTrader Desktop, which adds new functionality to join a roster of advanced trading capabilities.

Digital Assets

OKX launches Block Trading for tighter pricing

With Block Trading, users can integrate spot and derivatives trades on the same platform and trade multiple currencies in a single trade. The service supports trading of perpetual swap, futures, and option contracts with popular altcoins as the underlying.

Industry News

Interactive Brokers pays $1 million to settle with CFTC

Interactive Brokers overcharged its customers a total of $710,828.14.

Metaverse Gaming NFT

DappRadar launches cross-chain token staking

The launch of the cross-chain token staking mechanism by DappRadar comes under a partnership with LayerZero protocol, which enables smart contracts to communicate across different chains.

<