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Fibo Group to offer digital currency CFDs

 Cyprus-regulated forex broker Fibo Group announced it is launching CFDs on the popular digital currencies Bitcoin, Ethereum, LiteCoin, Ethereum Classic, DASH, Zcash and Monero.

 

The new instruments will be available for trading from July 24 on the MT4 NDD No Commission accounts. The typical spreads on the instruments vary from 50 on Ethereum Classic to 2500 on Bitcoin and there is no commission. The maximum volume per one transaction for most of the cryptocurrency CFDs is 1000 lots, where 1 lot=1 coin. For Bitcoin CFDs the maximum transaction volume is smaller – 100 lots.

 

For those who wish to try their hand at trading cryptocurrency CFDs without risk, Fibo Group offers demo accounts with the same trading conditions as the live ones.

 

Fibo Group will also add for analysis purposes information and rates about the cryptocurrencies XEM, BTS, EOS, WAVES, STEEM, GNT, GNO, SC, BCN, DOGE, REP, LSK, XLM, GBYTE, FCT, MAID, USDT, GAME, DCR, ARDR, SNT, KMD, DGD, PIVX, DGB, NXT.

 

Financial Holding FIBO Group (Financial Intermarket Brokerage Online Group) has licenses from the offshore Financial Services Commission (FSC BVI) and the Cyprus Securities and Exchange Commission, as FIBO Group Holdings Ltd.  

 

The broker offers trading on MetaTrader 4 and 5 and cTrader. The maximum leverage is 1:400. The instrument portfolio consists of over 40 forex pairs and CFDs on various instruments.

 

Fibo Group is the latest forex broker to turn its attention to the increasingly popular digital currencies and to start offering some type of instruments involving them. Others that did so recently are Alpari, Swissquote, eToro, Admiral Markets, LiteForex, etc.

 

 

TAGS: fibo group  bitcoin 

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