The idea behind Bitcoin forex is that with the constant fluctuations in the price of Bitcoin and other currencies, traders would be able to get a profit. This is done by the age-old method of buying low and selling high. Currency prices may have an upward trend most of the time, but there are times during the day when the price dips. Buying during this time and then selling later when it goes up usually nets people a small amount of money. However, it adds up over time.
The big difference for Bitcoin forex trading is that it uses Bitcoin and not normal fiat currencies. There are advantages in using Bitcoin. The main one is that it’s easier and quicker to make international transactions. With the quick turnaround in prices, being able to get a bargain is important.
Forex Metal, one of the pioneering regulated Bitcoin Forex brokers in the industry, added the accessibility of Bitcoin and Litecoin instruments on their forex trading platform, giving the enthusiasts of these two cryptocurrencies privileges to trade and earn from these assets’ volatility in the convenience of their MT4 terminal. This Forex and CFD broker is among the first companies in their industry to offer this state-of-the-art method and traders can expect numerous features they can capitalize to guarantee an ultimate trading experience.
There are several basic conditions for trading BTC and LTC at Forex Metal. On this trading platform, the leverage of Bitcoin and Litecoin is 1:3. With this ratio, investors can definitely earn significant profits should the price fluctuations work in their favor. The minimum lot size for these two digital currencies is 0.01 with a commission of 0.5% per lot. There are also four available symbols for these assets, which are BTC/USD, BTC/EUR, LTC/USD, and LTC/EUR. What’s even better is that traders can be assured to take advantage of this highlight anytime they want because trading is allowed 24/7.
Forex Metal also offers very competitive trading conditions for their investors. They provide $0 commission on Bitcoin Forex trading, instant execution of orders, viable low spreads starting from 1 pip, ability to trade all the instruments from a single account, no-swap and Islamic accounts, free mobile trading applications (iPhone, Blackberry, and Android), rebates to active traders, Zulutrade as well as Replitrader accounts, and many more, proving they are indeed a greater option in trading Bitcoin and Litecoin along with other fiat currencies.
Furthermore, their advanced MetaTrader 4 trading platform is the best platform for Forex and CFD trading available today. In fact, it boasts of several main features, such as multilingual interface that supports English, Russian, German, French, Simplified Chinese, Japanese, Indonesian and more. Of course, traders can also enjoy unlimited charts, real time data feeds and news, trading actions, system signals, and technical analysis indicators as well as tools.
Better still, Forex Metal provide top-grade service for traders of all levels, be they beginners, amateurs, or professionals. And to top it all, new investors can have the most out of excellent bonuses and rewards, such as $100 no deposit bonus, debit card promotions, 51% bonus on first and subsequent deposits, rebate offers, rewards program, risk-free promotions, and a lot more special offers that are just too good to miss.
Forex Metal is absolutely an ideal trading platform for Bitcoin and Litecoin cryptocurrencies. With the aforesaid features and advantages, it is impossible to go wrong with this broker, so this is a site worth checking and trying out to achieve a great financial goal in no time.