FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
90%
HFM information and reviews
HFM
89%

OctaFX opens the gates for weekend crypto trading


15 February 2022

The cryptosphere is rattling through a rough phase, to say it mildly. Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. As of this writing, bitcoin has recovered to 44,296 U.S. dollars from a chilling 34,774 U.S. dollars (minus 48.53% from the previous all-time high), taking the entire altcoin market with it down this spiral. For some time, industry experts were beginning to expect a comprehensive bear market to unfold before turning bullish again.

Then again - from an investor’s mindset - this is exactly what most should be waiting for. The famous investor Warren Buffet made expert use of the bear market that unfolded in 1973–1974 by buying assets while most market participators were in fear of acting.

If one goes back even further in history, at the dawn of the 19th century, the prominent banker Baron Rothschild is reported to have said:  "Buy when there's blood in the streets, even if the blood is your own".

For Forex trading, this is irrelevant since one can trade the up- as well as the downside of the fiat and cryptocurrency markets. And up until recently, the global Forex broker offered its cryptocurrency trading only Mondays through Fridays. The fintech company went a step further for 2022’s first quarter by launching its new weekend time frame option - it officially started on 5 February. These are the current cryptocurrencies pairs - all paired with the world reserve currency - touched by this service upgrade.

All of these pairs come with a ratio of 1:25 maximum leverage.

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience and a top-notch service environment to over 7.5 million traders worldwide. In that sense, OctaFX has won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively. It’s also adamant in providing and upholding the best financial expertise, analytics, and educational programmes in the industry.
#source

Share:


Related

AMarkets'15th Anniversary: New Horizons Ahead!
AMarkets'15th Anniversary: New Horizons Ahead!

October 1st marked AMarkets' 15th anniversary! We’ve come a long way from zero to one million clients. True, it hasn’t been easy. We made mistakes, learned from them and grew. We closely monitored our competitors...

5 Oct 2022

OctaFX broker soon to launch own trading platform "OctaTrader"
OctaFX broker soon to launch own trading platform "OctaTrader"

After long months of behind-closed-doors technical development, the international Forex broker OctaFX finally announced its soon-to-be-launched native trading platform, OctaTrader...

4 Oct 2022

Multibank Group announces record-breaking financial figures for 2021
Multibank Group announces record-breaking financial figures for 2021

The award-winning financial services group announced a record turnover of over US$ 12.1 Billion per day, with a record annual revenue of approximately USD $ 189 million in FY 2021...

3 Oct 2022

Uncertain times call for trustworthy companies: What about OctaFX?
Uncertain times call for trustworthy companies: What about OctaFX?

How does the international Forex brokerage service OctaFX fare in light of recent uncertainties and fears on the financial markets in general and the Foreign Exchange in specific? We took a closer look at the company to find out...

29 Sep 2022

FP Markets claims a hat-trick of awards at the 2022 Global Forex Awards
FP Markets claims a hat-trick of awards at the 2022 Global Forex Awards

FP Markets has been awarded the “Best Global Value Broker 2022” for an unprecedented 4th consecutive year. FP Markets claimed two further awards for Best Forex Partners Programme...

28 Sep 2022

OctaFX is on an award spree, receiving the "Most Secure Broker Indonesia 2022"
OctaFX is on an award spree, receiving the "Most Secure Broker Indonesia 2022"

The global broker OctaFX collected yet another industry accolade with 2022’s ‘Most Secure Broker Indonesia’ distinction. The Dubai-based International Business Magazine is the award’s issuer...

27 Sep 2022


Editors' Picks

IronFX information and reviews
IronFX
88%
FXCM information and reviews
FXCM
87%
NordFX information and reviews
NordFX
85%
Vantage information and reviews
Vantage
84%
FP Markets information and reviews
FP Markets
81%
RoboForex information and reviews
RoboForex
81%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.