Bitcoin Forex Brokers 2018
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Bitcoin has grown in popularity, so you may be tempted to buy Bitcoins and hold on to them. If, however, you are a trader, then you may be looking instead to profit from short-term swings in the value of Bitcoin. Using a trade bitcoin forex broker broker, you could trade cryptocurrencies as a spread bet or a CFD.
This way, instead of actually possessing any Bitcoin, you can speculate on the rising or falling value of the cryptocurrency. Trading cryptocurrencies with a forex broker does not really carry any additional expense as all costs are generally included in the spread. With crypto exchanges, investors may enjoy tighter spreads but will usually pay volume-based commissions. One of the main reasons people are choosing to trade Bitcoin with a forex broker is the safety and security element.
Cryptocurrencies carry a higher risk due to their volatile nature so it is important to trade safely and choose a regulated broker. Brokers like InterTrader are properly regulated and operate under the most stringent regulatory bodies in the world. So, you can speculate on the value of Bitcoin with complete peace of mind. You should however note that leveraged trading on cryptocurrencies will increase both your potential profits and your potential losses. Make sure you manage your risk when trading cryptocurrencies.
To learn more about trading cryptocurrencies, chat to the InterTrader team now. For more information, trading education and offers visit InterTrader. You should under no circumstances consider the information and comments provided in this article trade bitcoin forex broker an offer or solicitation to invest. This is not investment advice. The information provided is believed to be accurate at the date the information is produced. Spread betting trade bitcoin forex broker CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit.
They may not be suitable for everyone, so please ensure that you fully understand the risks involved. InterTrader Ltd For more information, trading education and offers visit InterTrader You should under no circumstances consider the information and comments provided in this article as an offer or trade bitcoin forex broker to invest. Get all the latest articles from InterTrader.
Five common mistakes made when trading, and trade bitcoin forex broker to … featured. More articles by InterTrader. Losses can exceed deposits.