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Do you trade cryptocurrency CFDs?

Discussion in 'Cryptocurrency' started by moneybaggy, Jan 17, 2019.

  1. moneybaggy

    moneybaggy Registered

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    Cryptocurrency CFDs allow you to predict the price of future price of certain cryptocurrencies. On the Forexchief Mt4 platform that I am using, BTCUSD, ETHUSD, DASHUSD, XRPUSD and others are present. These I have come to see as CFDs. The spreads are higher than regular Forex pairs.

    For the learning purposes, what is your experience with crypto CFDs?
     
  2. WaynDavid

    WaynDavid Registered

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    I have an account with that broker, very good services from them, and yes I trade that, but more focused on ripple against the dollar. The spreads are wider as expected.
     
  3. moneybaggy

    moneybaggy Registered

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    Why ripple, why not follow the trend of crypto, Bitcoin?
     
  4. diablo88

    diablo88 Registered

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    Do you know any broker can trade Crypto CFDs?
     
  5. moneybaggy

    moneybaggy Registered

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    Yes, I usually trade crypto CFDs on Forexchief mt4 platform. The spread is low and leverage is 1:400.
     
  6. Viktory

    Viktory Registered

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    I sometimes trade XRPUSD and DASHUSD with this broker. I don't apply such high leverage, it is bad for my risk management system.
     
  7. Dang

    Dang Registered

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    How long have you been trading crypto?
     
  8. Agoston

    Agoston Registered

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    I noticed that Forexchief spreads on cryptocurrency is about 7 pips lower than other brokers i have checked.
     
  9. moneybaggy

    moneybaggy Registered

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    This is great, I mean it's almost too good man. I will have to check this out.
     
  10. Josheb Fredy

    Josheb Fredy Registered

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    I do trade but only if I am certain. I know this very well that if we are not careful with the options we are selecting, it will be too risky. I always prefer Top Cryptocurrency to trade or invest on.

    However, at the same end, I am also very wise with going for emerging options like Maya Preferred 223, which is almost a trending type of option. If you have such options with investment, it is always meant to benefit you in a very noticeable way.
     
  11. Viktory

    Viktory Registered

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    What is Maya preferred?The site was taking too long to load anyway.
     

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