Offshore forex broker AMarkets launches trading in bitcoin CFDs

Investing | September 27, 2016 By:

AMarkets announced it has launched trading in contracts for difference (CFDs) on bitcoin.

Bitcoin CFDs are traded with AMarkets on the MetaTrader 4 (MT4) trading platform with a leverage of a maximum 10:1. Traders pay a commission of $5 for each contract. The instrument is available to all clients of the broker, five days a week and the size of each contract is always equal to one bitcoin.

Recently, AMarkets announced it has started accepting deposits in bitcoin. The broker said at the time that deposits in bitcoin will be converted into US dollars (USD) as per the current exchange rate of the most popular cryptocurrency. The minimum deposit remains $1.

AMarkets, incorporated in Saint Vincent and the Grenadines, offers trading in forex, metals, commodities, and CFDs. It is among the top 20 forex brokers in Russia in terms of trading volume.