Sponsored By
de | cn | ru

Brokers News

Gain Capital launches Bitcoin CFDs, spread betting on City Index

Gain Capital, owner of major global forex brokerages, announced it is launching CFDs and spread betting on bitcoin at its UK-regulated forex brokerage brand City Index.

 

The UK clients of City Index can either spread bet or trade in Bitcoin CFDs with the respective accounts, with competitive spreads starting from $50, on margin of 25% (leverage 1:4), from 22:00 GMT Sunday till 22:00 GMT Friday. Trading is done on City Index’s platforms, with all the tools and options available for other instruments, such as 16 chart types with 80+ indicators for technical analysis and mobile apps.

 

"Cryptocurrencies are one of the most exciting trends shaping today's markets. We are pleased to provide our clients with the ability to trade Bitcoin through an established, regulated firm, without the need to set up a digital wallet or execute through a Bitcoin exchange," said Glenn Stevens, Chief Executive Officer of GAIN Capital. "We are excited to expand our offering for City Index customers, who can now trade cryptocurrencies along with more than 12,000 other markets, including FX, indices, commodities, equities and rates."

 

City Index is one of the brands of Gain Capital. It is regulated by UK’s Financial Conduct Authority (FCA) and offers trading in over 12 000 instruments: forex pairs, CFDs on indices, commodity, equity markets and now Bitcoin, and spread betting in the UK. City Index was established in the UK in 1983. It operates the brands City Index, Finspreads, FX Solutions and IFX Markets brands with core markets in the UK, Middle East and the Asia Pacific.

 

The addition of the Bitcoin CFDs puts Gain Capital in the expanding list of forex brands offering such instruments on some of the most popular cryptocurrencies. Usually they offer leveraged trading in CFDs on their standard platforms, unlike the majority of dedicated cryptocurrency exchanges who offer spot trading, or simple exchange services.

 

  

TAGS: city index  bitcoin  gain capital 

More news about City Index

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, South Africa CySec, FSCA, FSC MT4, MT5, Web $5 Review Website
UK, Singapore, Australia FCA, MAS, ASIC MT4, AT Pro,
Advantage Web
£100 Review Website
Seychelles FinaCom MT4, Web $10 Review Website

More Forex Brokers News

IG Group gets licensed in the USA

Oct 16 2018 13:48:15

  Major forex broker IG Group (IG) got a green light from the National Futures Association (NFA) to operate on the US retail forex market. The US arm of IG Group, IG US LLC, has just been approved as a NFA member and is officially registered as a Retail Foreign Exchange Dealer (RFED). Read more

ASIC adds HBC broker to its warning list

Oct 09 2018 11:14:03

  The Australian Securities and Investment Commission (ASIC) has updated its list of “businesses to be wary of” with HBC Broker – an unregulated company that is trying to confound its potential clients by giving out some correct details of leading forex and CFD ... Read more

FBS wins ‘Best Copy Trading Application Global-2018’ award

Oct 05 2018 16:22:13

The prestigious “Best Copy Trade Application 2018 Global” award went to FSB  for their innovative CopyTrade platform. Read more

Capital Index renounced its CySEC license

Oct 03 2018 13:24:56

  It seems that global online brokerage Capital Index is the next to voluntarily renounce its Cypriot Investment Firm (CIF) license. Read more

FBS celebrates its 9 millionth trader

Sep 19 2018 17:17:28

After celebrating their 7 millionth million trader in March 2018, now just 6 months latter, FBS reached yet another milestone – their lucky 9 millionth trader is Jean Sales De Souza from Rio de Janeiro, Brazil. Read more

XTB fined $2.7 million by Poland’s financial regulator

Sep 19 2018 11:31:55

  The Polish Financial Supervision Authority (KNF) punished X-Trade Brokers (XTB) with a PLN 9.9 million ($2.7 million) fine for asymmetric price slippage on Tuesday. Read more

TD Ameritrade allows its clients in Singapore to trade via Messenger

Aug 27 2018 15:14:51

  Singapore branch of American brokerage firm TD Ameritrade announced on Sunday that its clients in are now able to make trades and access market information through Facebook Messenger. Retail investors in Singapore will have yet another way to access the U.S. Read more

FXTM honoured with two World Finance Awards

Aug 10 2018 12:24:48

Global, award-winning forex broker FXTM has added two more trophies to its mantelpiece, after being named Best FX Broker in Asia and earning the award for Best Trading Conditions from World Finance magazine. Read more

Hot Forex launches trading on MT5

Jul 23 2018 07:38:53

  CySEC-regulated, global broker Hot Forex announced previous week it adds the MetaTrader 5 (MT5) platform to its offering. Now, clients of the broker can trade forex and CFDs on both MetaQuotes’ platforms – MT4 and MT5. Read more

Estonian FX broker Tallinex ordered to pay back $10 mln. to US citizens

Jul 20 2018 13:58:09

A US Court has ordered  Tallinex Ltd., an Estonian company, licensed  in St. Vincent and the Grenadines to pay 10,289,391 USD in restitution to U.S. Customers, as well as a  681,888 USD civil penalty, the U.S. Commodity Futures Trading Commission (CFTC) says.    The U.S. Read more

de | cn | ru