Vantage FX is pleased to introduce Cryptocurrencies (Bitcoin) to our extensive market offering. Clients of Vantage FX can now exploit increased volatility in this asset which has most recently become very popular with mainstream traders. The daily volatility and trending capabilities of the markets attracts both scalpers and swing traders alike, making it the perfect asset for traders in the know.
Cryptocurrencies are a pure traders market. With crypto so far largely untouched by big hedge funds and institutional investors, cryptocurrency price movements are predominantly driven by the retail trading crowd. Take advantage of market drivers such as fear or greed that can swing the market one way or the other.
Bitcoin is an exciting market for aggressive traders. Take advantage of this opportunity on MT4 with Vantage FX.
Opening an actual bitcoin account and trading through one of the many exchanges can be time both time consuming and hard to understand. If you choose to trade Bitcoin with Vantage FX, you don’t have to worry about opening a separate account or to use external charts on a third party website. Simply fund your MT4 forex trading account and trade Bitcoin side by side your favourite forex currency pairs, commodities or indices markets.
Another advantage of trading Bitcoin on MT4 with Vantage FX is that you have the ability to trade both long and short. Don’t be constricted in your bitcoin trading by only having buy and hold trading strategies available to you.
Add Bitcoin to your MT4 watch list and take advantage of volatility in crypto markets today!
If you choose to trade bitcoin on MT4 with Vantage FX, you never actually own the cryptocurrency. This is because you’re actually only buying and selling a CFD based on price and as such, negates many of the potential risks associated with the highly volatile asset.
Due to the scarcity of bitcoin and the lack of central bank guidance, the cryptocurrency is however a much more volatile market to trade than traditional forex currency pairs. Bitcoin is famous in trading circles for its wild price swings and can rise and fall thousands of pips in a single trading session.
If you are able to harness this volatility and manage your risk appropriately, Bitcoin trading can be a very lucrative proposition for traders.