What are cryptocurrencies?
Cryptocurrency CFDs (Contact for Difference) offer a possibility to trade on the cryptocurrency market without the need of owning any coins at all. A crypto CFD is a contract between the buyer and seller, where typically the seller will pay to the buyer the difference between the current value of the crypto asset and its value at end of the contract.
By the end of 2016, more than 700 digital currencies were introduced and co-existed. Bearing that in mind, it came as no surprise that during 2017 the total trading volume of the digital currency market has reached $98,352,688,563. This phenomenal sum is even more astonishing when considering the simple fact that this market started only 8 years before. A big advantage of digital currencies is that they are not tied to a specific country or bank, therefore allowing them to be liquid not only during traditional trading hours, but also throughout weekend and holidays, allowing people to trade on them 24/7*.
Get instant access to the most popular cryptocurrencies available directly on our trading platform: Bitcoin, Ethereum, Litecoin, Dash and Ripple. Trade the hottest financial market’s instrument, that gained over ~1500% from the beginning of 2017.
You buy 5 Bitcoins at $19,655.23 per unit (using our leverage). You trade the BTCUSD and after 1 week you decide to sell your Bitcoin units and earn a profit of $557.05.A week after you opened your position, Bitcoin was quoted at $19,655.23 (Bid price) to 19,766.41 (Ask price).
You bought 5 units and paid $98,276.15. You sold the 5 unite and got $98,832.05. You earned $555.90. You didn’t actually buy any Bitcoins or sold any Bitcoins at no point. All you did was simply using eBroker’s leverage and investing on the market performance of the digital currency pair.
- No intermediary, no commission
- One-click trade execution
- Effective risk management tools
- Fixed spreads
- 24/5 availability
- Fully secured and transparent
WHY TRADE CRYPTO WITH Bormancorp?
Trading Cryptocurrencies with Bormancorp lets you enjoy a complete trading experience like never before. As a well-established broker, we have the privilege to offer you much more than just cutting-edge trading technology. Unleash your full market potential with an all-inclusive access to our insightful video courses database, educational eBook library, live expert webinars, daily market news updates, professional account management and 24/7 customer support.
The benefits of Bormancorp:
- Ground-breaking platform
- Trade on more than 1,000 assets
- No commissions or hidden fees
- Competitive spreads
- Exclusive education center
- 1-on-1 live training sessions
- 100% safe & secure
- 24/6 dedicated support