Sponsored By
de | cn | ru

Brokers News

Swissquote bank launches trading in Ether, Litecoin, Ripple, Bitcoin Cash

 Swissquote bank, the Swiss-regulated financial institution behind the forex brokerage of the same name, announced it is launching trading in four more cryptocurrencies: Ether, Litecoin, Ripple and Bitcoin Cash.


 

The bank has been offering trading in Bitcoin since this summer and has recently launched an actively managed Bitcoin certificate that is traded on the SIX Swiss Exchange. The forex brokerage unit of Swissquote has also been offering trading in Bitcoin in partnership with the Luxembourg-licensed exchange Bitstamp, but with leverage.


 

Now clients of Swissquote bank can also trade in Ether, Litecoin, Ripple and Bitcoin Cash against the Euro or the US dollar through their Swissquote trading account, just as they would with any other currency, bit without leverage, in order to minimize the risk of major loss.


 

The four new cryptocurrencies were added in accordance with client demand and available liquidity. Currently, those are among the coins with highest market capitalization.


 

There are some conditions, set by the bank. The minimum cryptocurrency transaction is worth 5 USD or EUR, and the maximum is 500,000 USD or EUR. The commissions charged are a percentage of the transaction sum, ranging from 0.5% to 1% depending on the amount invested.


 

“Our Bitcoin trading offer and certificate have been a big success and exceeded our expectations”, said Marc Bürki, CEO of Swissquote. “We are expanding our offer to help investors diversify in cryptocurrencies, just like they do in traditional securities. Cryptocurrencies are increasingly popular, more quickly than anyone expected. By offering them on our platform, investing in cryptocurrencies becomes simpler, safer and accessible to all.”


 

Swissquote was founded back in 1996 and today it ranks among the top 10 online forex brokers in the world. It is a brand of Swissquote Bank Ltd., a recognised public bank regulated by the Swiss Financial Market Supervisory Authority (FINMA) and part of the International Swissquote Group. Swissquote Group Holding Ltd (SQN) is listed on the SIX Swiss Exchange.

 

In addition, the Swissquote Group has set up an UK subsidiary, Swissquote Ltd., which holds a FCA license and provides online forex, commodities and stock indices trading services for traders based in the European Union.

 

 

TAGS: swissquote  bitcoin  ether  litecoin  ripple  bitcoin cash 

More news about Swissquote

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
Cyprus CySec, FCA 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
Hong Kong SFC MarketSpeed FX,
Trading Station
$1 Review Website
Cyprus, South Africa CySec, FSCA, FSC MT4, Web $5 Review Website

More Forex Brokers News

HotForex launched VIP Affiliates Rewards Contest

Jul 13 2018 13:09:56

  CySEC-regulated, global broker Hot Forex has come up with an attractive offer for its affiliates: the VIP Affiliates Rewards Contest. Read more

Former Gain Capital executive Alexis (Lex) Webster joins FXTM as CCO

Jul 10 2018 12:16:12

  Former Gain Capital executive Alexis (Lex) Webster joined global award-winning forex broker FXTM as Chief Commercial Officer previous week. He has 18 years of experience in the financial services industry, including as a Senior Vice President, Strategy & Execution at Forex. Read more

The Long Swim and FXTM’s campaign to save our seas

Jun 27 2018 12:44:02

The future’s blue   What will the world look like in 2050? No doubt technological advances will have fundamentally changed many aspects of our lives. Artificial Intelligence is set to take the wheel, with driverless cars becoming the norm. Read more

HFcopy: Hot Forex's copy-trading offer

Jun 14 2018 12:49:55

HFcopy, the copy-trading system offered by CySEC-regulated, global broker Hot Forex, is a great tool which allows traders to join forces with each other and squeeze profits from the markets. Read more

FxPro UK turns a £1.48 mln profit in 2017

Jun 12 2018 13:27:04

  The UK arm of global forex broker FxPro has turned a profit of £1.48 million in 2017, shows the full accounts report filed with UK’s Companies House on Monday. The figure represents an increase of more than 38% over previous year, when the broker made £1. Read more

FxPro becomes a sponsor of Formula 1 racing team McLaren

May 25 2018 11:48:28

  Major forex broker FxPro announced yet another sponsorship agreement on Thursday. The brokerage signed a multi-year partnership agreement with McLaren, one of the oldest Formula 1 teams. Read more

OANDA bought out by CVC Capital Partners

May 03 2018 07:26:57

The forex broker OANDA will come under new ownership as shareholders accepted an offer for from a wholly-owned subsidiary of CVC Capital Partners (CVC) Asia Fund IV to acquire all of the outstanding equity. The deal is pending regulatory approval. Read more

ASIC temporarily suspends the license of Direct FX

Apr 26 2018 14:01:25

  Australia’s regulator, the Australian Securities & Investment Commission (ASIC) has temporarily suspended the license of the forex broker Direct FX. According to the Commission’s statement on its website, the reason for the measure is that Direct FX Trading Pty Ltd. Read more

FXTM launches MT5 trading for Pro account holders

Apr 11 2018 10:02:35

  Global forex broker FXTM announced that trading on MetaTrader 5 (MT5) is now also available for Pro account holders. Previously, only its clients with regular ECN accounts had this opportunity. Read more

FBS's client base reaches 7 million

Apr 02 2018 12:51:01

  Leading Forex and CFD broker FBS reported that the total number of its clients reached 7 000 000 on 21st of March, 2018. The anniversary client, Mr. Abdelrashed Eldamerdash Hamed Elsayed from Egypt, got a special gift from the broker. Read more

de | cn | ru