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

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

Chainwire

Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support

Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.

Executive Moves

INFINOX hires Mayne Ayliffe as Global Head of HR

“I look forward to working with our teams around the world to develop a strategic HR agenda that supports high performance and is centred on human motivation.”

Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

<