Launch of crypto currencies trading

28 July, 2017

Launch of crypto currencies trading

Forex, CFD and binary options broker Grand Capital has joined the host of forex brokers offering cryptocurrencies and launched trading with six of the most popular: Bitcoin, Ethereum, Peercoin, Namecoin, Dashcoin, Litecoin. 

Available for trading are the following pairs: PPCBTC, PPCUSD, NMCUSD, NMCBTC, LTCUSD, LTCEUR, LTCRUB, LTCBTC, DSHBTC, DSHUSD, ETHBTC, ETHEUR, ETHLTC, ETHRUB, ETHUSD, BTCUSD, BTCEUR, BTCRUB. 

The new instruments are available only on ECN Prime accounts on MetaTrader 4 and the web terminals. The leverage is 1:3, or 33% margin requirement. The hedged margin stands at 50% and the commission charged is 0.25% on a trade or 0.5% round turn. The minimum trade size is 0.01 lot and the maximum – 1000 lots. The account currency is USD, but Grand Capital says deposits in Bitcoin are coming soon. The minimum deposit for an ECN account is $1000.

"Even ten years ago the very idea of cryptocurrency seemed rather bizarre. But time has passed, the world has changed and the Internet has changed”, said Stanislav Vaneev, CEO Grand Capital. “Now cryptocurrencies have become an unalienable part of transactions and, like any other currency, a means of income. One of the peculiarities of cryptocurrency exchanges is round the clock trading, 24/7. Grand Capital Trader terminal offers the most popular instruments. Trading is conducted on major exchanges. Depth of Market allows for execution at best prices."

Grand Capital is an award-winning broker operating since 2006. It is registered on the Seychelles and has offices in Europe and Asia. The broker offers trading in over 250 financial instruments, including classic forex, futures and stock CFDs, as well as binary options on MetaTrader 4 and WebTerminal.

Recently the broker announced plans to apply for a license from the Cyprus Securities and Exchange Commission (CySEC). Grand Capital currently operates on the basis of a B-Category license from the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization.  


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