ATFX Launches 3 New Cryptocurrency Trading Instruments
ATFX has begun to offer cryptocurrency trading with a leverage ratio of 5:1
ATFX has launched three new trading instruments in February to better cater to the needs of its clients. Now, the leading global online trading platform also offers the ability to trade in Bitcoin, Ethereum and Litecoin CFDs. The company explained that Contracts for Difference (CFDs) are a very simple and convenient way of trading cryptocurrencies, giving traders a valuable means of speculating on price movements of these digital currencies.
With CFDs, traders can take advantage of both rising and falling cryptocurrency prices, in a hassle-free manner that ensures faster settlements. So, traders can choose to take long or short positions, based on whether the prices are expected to move up or down. And, since one does not need to own the underlying cryptocurrency, traders have the option to trader small percentages fractions of the major cryptocurrency, based on their trading budget.
The benefit of trading CFDs through ATFX is that the company offers a transparent and secure platform that offers very low spreads, along with the facility to automate trades on the leading digital currencies. Based on the most popular online forex trading platform, MetaTrader 4 (MT4), ATFX is also offering leverage of up to 5:1.
The company has chosen to offer CFDs in three of the most popular and the fastest growing cryptocurrencies in the world. Bitcoin is a name that, today, needs no introduction, whether to a novice in the financial markets or a veteran trader. Ethereum is the second most valuable digital currency, after Bitcoin, while Litecoin has seen rapid growth through 2017, surging a whopping 8,000%.
The advantages of trading cryptocurrency CFDs don’t end here, ATFX explained. Similar to forex trading, the company is also offering zero commission on CFDs, which makes it more profitable for traders. With the platform offering the ability to trade 24/5, with localised support from an expert team, traders can make the most of the markets to open and close positions, whenever they spot an opportunity.
Another key advantage that ATFX offers is that it is a global platform based on MT4, offering support in several languages, allowing traders from anywhere in the world to trade at their convenience, irrespective of the time or region. Traders can also access support in the language they are most comfortable with, ensuring that they have the best help they need, when they need it.
ATFX went on to state that the company was committed to easing the process of online trading for its clients, while offering wide choices in terms of trading instruments. For this, the company is looking not only to expand its services to better cater to the diverse needs of its global clientele but is also committed to consistently improve its services to maintain a competitive edge. ATFX 4th cryptocurrency trading instrument will be launched in March. Company is also committed to adding new trading instruments to its platform, so that all types of traders and investors will find something that they are interested in.
Remarks: All trading involves risk, losses can exceed your deposits.
Legal: ATFX is a trading name of AT Global Markets Limited (ATGM, registration number 224226 IBC 2017). ATGM is an International Business Company in Saint Vincent and the Grenadines. Registered address is: The Financial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines.
