Admirals expands and improves its crypto offering!
We are pleased to announce that our clients on Trade.MT4 and Trade.MT5 accounts are now even better equipped to seize opportunities offered by highly volatile cryptocurrency markets.
Here are key changes to our Cryptocurrency CFDs offer:
- All open positions in Bitcoin, Ether, Litecoin and Bitcoin Cash vs U.S. Dollar (platform symbols: BTCUSD, ETHUSD, LTCUSD, BCHUSD) are now subject to a much higher open exposure limit of 125,000 EUR per each MetaTrader account.
- All other Cryptocurrency CFD instruments not mentioned above remain subject to a separate overarching limit of 20,000 EUR per MetaTrader Account.
- XRP vs U.S. dollar (platform symbol XRPUSD) was added to the list of tradable CFDs.
- The maximum leverage for Professional/Wholesale clients increased to 1:10 on BTCUSD, ETHUSD, LTCUSD, and BCHUSD. The leverage for Retail clients remains at 1:2 for all Cryptocurrency CFDs.
Why trade Cryptocurrency CFDs with Admirals?
CFDs are regulated leveraged products. Through CFDs you can take exposure to the most established Cryptocurrencies without having the burden of owning, storing or moving them around non-regulated wallet services with high transaction costs and network delays.
That’s not all!
CFDs allow you to open both Long and Short positions. Whether underlying cryptocurrencies are rising or sell-off and crash, our clients can execute their investment ideas 24/7, including the weekend, regardless of the current market direction.
Please note: Cryptocurrency CFDs are not available to Retail clients residing in the UK and all retail clients of our UK regulated business unit.