Orbex launches Crypto CFDs on MT4: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), more

1 year ago 87

CySEC-regulated FX and CFD broker Orbex has expanded its asset range with the introduction of cryptocurrency trading to address growing demand for the emerging asset class.

The Orbex crypto CFD offering features eleven of the world’s largest coins by market capitalization including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, Dogecoin, Polkadot, EOS, Chainlink and Stellar.

Abdullah Abbas, Chairman of Orbex, said: “Delivering on our promise of providing our clients access to a wide range of markets at the best possible trading conditions, we are very pleased to announce the launch of our new cryptocurrency offering.

“Orbex clients can now diversify their portfolio with some of the world’s leading cryptocurrencies, available to trade with CFDs 24/5. At Orbex, we remain committed to keeping pace with market trends and gauging investor demand in order to continue to innovate with new assets, tools, and services for our clients.”

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11 cryptos CFDs on MetaTrader 4

All pegged against the US dollar, the newly listed cryptos can be traded on a 24-hour basis on the broker’s MetaTrader 4 platform as CFD products, which allows users to go long and short and benefit from leveraged trading, which increases both the opportunity and risk.

Crypto CFDs allow users to gain exposure to cryptocurrencies’ fluctuating prices without having to buy or store digital currencies in a wallet. Orbex is adding crypto to a wide range of trading products available to users, including forex, equities, indices, metals, energies, and futures.

Orbex was founded in 2010 and provides trading and investing solutions backed by education, expert research tools and customer support.

The ongoing MENA Seminar Roadshow has seen the Orbex Research Team completing a seminar earlier this month in Kuwait.  Led by the broker’s Head of Training and Market Strategy, Mohammed Al-Mariri, the seminar was hosted by Orbex’s team of market strategists, trading coaches, and research analysts.

Designed to help both novice and experienced traders take their trading to the next level, the Orbex seminar in Kuwait was attended by a great number of local investors eager to learn more about the opportunities of online trading. 

The broker’s MENA Forex Roadshow will see a series of local educational seminars in Bahrain, Oman, Kuwait, Jordan and Egypt.

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