Advantages of Cryptocurrency Trading
High volatility – Greater price volatility
Short and long as the market rises and falls.
Trading in major currencies such as Bitcoin
No hidden fees
Cryptocurrency Spreads and Consitions
Symbol | Instruments | Lot Size | Tick Size | Avg Spreads | Long Swap | Short Swap |
---|---|---|---|---|---|---|
BCHUSD | Bitcoin Cash | 1 | 0.01 | 129 | -166.2 | -165.9 |
BTCUSD | Bitcoin | 1 | 0.01 | 1440 | -49.7 | -48.8 |
ETHUSD | Ethereum | 1 | 0.01 | 105 | -5.50 | -5.50 |
LTCUSD | Litecoin | 1 | 0.01 | 33 | -4.93 | -4.75 |
Margin Requirements for Cryptocurrencies
The calculation formula for margin for cryptocurrencies is “number of lots x lot size x market price x percentage / 100”..
- The maximum leverage for cryptocurrencies is 20x.
- The Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
※Average spreads listed above are calculated throughout the day. Spreads tend to be tighter under normal market conditions. However, spreads may widen during periods of low liquidity, such as just before the end of a session or on weekends, when market conditions could be volatile due to important news outcomes, periods of political instability or unpredictable events.
※Swap rate is calculated based on the interbank rate of the index currency. A buy position will be charged at the interbank rate of the currency in question plus the price increase, while a sell position will receive the rate minus the price increase.
About Cryptocurrency Trading
Margin trading is margin trading for cryptocurrencies (virtual currencies). Unlike “physical trading” where cryptocurrencies are actually bought and sold, cryptocurrencies are characterized by the fact that buy or sell orders can be held in anticipation of future price increases or decreases, and only the difference in price fluctuations can be received as profit or paid as loss.
SvoFX offers four valuable crosses on the MT4 platform. Each one is traded against the US dollar and is traded like any other currency platform.