without buying the underlying or using a derivative. Bonuses, none, expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2"s Yes Trading time 24/7 Inactive account fees maintenance - 10 per month; reactivation - 50; *All values for Bitcoin-based accounts in MetaTrader 4 (including. This is the start of the Bitcoin Boom First half of 2017 Bitcoin hits a high of 2900, and worldwide demand for digital currency soars. Below are the three ways you can trade Bitcoin: Buy the underlying from an exchange or online cryptocurrency broker (holding the actual currency in a wallet at the exchange or off-site). There are a range of forex brokers that currently other the cryptocurrency for live trading and you get access to all of the charts and tools you would with any other fiat currency. The algorithm which governs the production of Bitcoin limits the quantity that will be produced, and the rate at which they will be produced. Customer support: Many traders need assistance throughout their trading process, but not every bitcoin broker offers reliable support and fast response times.
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Currency trading allows for maximum yield when it is volatile lots of ups and downs. Make sure to read the fine print to determine if there are rollover fees for overnight positions or other hidden fees that can take a bite out of your profits. Final Thoughts Following the recent hard fork that happened with Bitcoin in early August 2017, where the network split into two separate blockchain versions after a majority of miners decided to create a new branch, a new coin called Bitcoin Cash (BCH) was awarded. Thank you for your support. Open Demo Account, open Real Account, what is Bitcoin. First, we will go over the positive sides of owning the underlying digital asset. 1 mBTC equals.001 BTC. Pros and Cons Pros Trading a Bitcoin-related security that aims either to replicate the performance of the asset or act as a trust that holds Bitcoins where investors dont need to hold private keys provides traders an alternative investment vehicle to buy and hold (long. MetaTrader 4 you can trade this rapidly growing currency against the US Dollar 24/7. Open a trading account whith AvaTrade today and start trading Bitcoin easily and securely! Each of them has advantages and disadvantages: Binary Options, forex Trading.