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Vantage FX adds Ethereum, Ripple, Litecoin, Dash and Bitcoin Cash to crypto offering

Mar 02 2018
By
Jonathan Smith

 

Australian forex broker Vantage FX has expanded its cryptocurrency offering with five more digital assets. Apart from Bitcoin CFDs, the broker now offers trading in Ethereum, Ripple, Litecoin, Dash and Bitcoin Cash on both MetaTrader 5 and MetaTrader 4 platforms.

 

In the crypto world, coins experience vast and volatile price swings which makes them the perfect instrument for aggressive and experienced day traders looking to capitalize on large and fast movements,” says the notice on Vantage FX` website.

 

The broker offers trading in the above cryptocurrencies against US dollars with leverage of 1:5 for Bitcoin and 1:2 for the rest of the available crypto CFDs on MT4 and MT5.

 

With the crypto CFDs, investors can trade in Bitcoin and five more digital assets, without actually owning the coin itself. This means that they gain exposure to the crypto market without having to worry about the security risks of owning cryptocurrencies, such as hacking and bank-blocks. You can find more information about the differences between trading cryptocurrencies at an exchange and as a CFD with a forex broker here.

 

Established in 2009, Vantage FX is an award-winning NDD broker, regulated by the Australian Securities and Investments Commission (ASIC) in Australia.  In 2017, VANTAGE FX acquired Atom8 – a UK forex, CFD and spread-betting broker regulated by the Financial Conduct Authority (FCA).

 

TAGS: Vantage FX  Ethereum  Ripple  Litecoin  Dash  Bitcoin Cash 

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