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Encrypted, digital, and decentralized, cryptocurrency is digital money that is based on blockchain technology.
Unlike the euro or the USD, cryptocurrencies are not regulated or managed by any central authority. Instead, this task is spread out among each coin’s peer-to-peer network.
Trading crypto CFDs with Orbex allows you to Buy and Sell cryptocurrency pairs, benefiting from the fluctuating prices without having to buy or store digital currencies in a digital wallet.
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Margin 50%: Half of the instrument’s price is required to open 1 lot. For example: If BTCUSD today’s price is 30000 USD then to open 1 lot of BTCUSD, you need 15000 USD.
Commission: The broker is charging you 0.5% for each 1 lot you are trading. For example: If BTCUSD today’s price is 30000 USD then you multiply 30000 * 0.005 = 150 USD.
Pending Order Type / Good Until End of Day means: All pending Orders not yet triggered by the end of today’s trading interval, and all stop losses and take profits on existing trades will be deleted. Therefore, if you have placed a pending order, or have set any take profits or stop losses, those will be removed at the end of the trading day. And therefore, if you wish to keep these orders, note that you will need to re-add them.
To begin your investment journey in the Forex markets, follow these simple steps
Create an account in minutes & upload your documents.
Make instant deposits to your Orbex Wallet via debit card, wire transfer or your preferred online payment method.
Download your favorite trading platform on your device of choice & begin trading.
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Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Orbex does not offer its services to residents of certain jurisdictions such as the USA, Iran, North Korea, Indonesia, Mauritius, and Romania.
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