At present, it is really accessible to enter the world of investments, thanks to the exponential advance of the Internet. Today, different platforms offer excellent services for cryptocurrency trading.
However, real money is not a game, so you should consider very cautiously where you will enter your capital, in this case to invest in cryptocurrencies, for this reason, today we help you in this selection, talking a little about the XTB broker, an excellent option if you want to trade Cryptocurrency CFD, thanks to its wide range of contracts.
A little about XTB
The great experience offering services for the trade of different assets, makes it one of the best brokers worldwide. In addition, it has the backing of the main regulatory entities, which provides the client with even more confidence and transparency in the use of their services.
It has 13 locations around the world, in the countries Chile, Italy, Austria, Sweden, Turkey, United Kingdom, Portugal, Mexico, Peru among others. His presence in Latin America, makes him score points to become one of the best bikers in the region.
It is currently the 4th largest quoted Forex and CFD broker in the world.
They offer a customer service, with specialized equipment for Latin American customers, available 24 hours a day from Monday to Friday.
Because it is a company listed on the European stock exchange, all its financial statements are reviewed by the most prestigious auditing firms in the world.
For this reason, any information related to the company is offered publicly; as a consequence, the transparency offered by XTB is quite difficult to obtain in another broker available to Latin Americans.
Cryptocurrency CFD available in XTB
With the celebration of XTB’s 15th anniversary, and the constant commitment to improve the services offered to customers, the cryptocurrency CFD list is now comprised of 25 different contracts.
The great variety allows you to visualize different opportunities and diversify your investment.
The cryptocurrencies available for trade on XTB are: ADA, BCH, BTC, ETH, DASH, EOS, ETH CLASSIC, LTC, NEO, XRP, STELLAR, TRX, XLM, XRM, XEM, ZEC.
Each of them can be traded against BTC, ETH or USD.
Most pairs can be used for your cryptocurrency trading 24 hours a day; in a market that opens on Saturdays at 4:00 am and closes on Fridays at 10:00 pm EST.
The spread offered by XTB is quite low, with an average of between 0.5% and 1.5%. In a few cases, the cost of the spread increases up to 2.5%.
In the case of the swap, they are also quite favorable for the trader, an average of 15,000 points for both short and long positions.
The leverage offered by XTB ranges from 2x to 30x, tool with which you can operate with a capital greater than the initial. To learn more about the magic of leverage, visit this article.
Each of these features can be observed in detail on the XTB instrument specification page.
However, to better understand each of them, it is best to open a demo account right now; There you will begin to familiarize yourself with cryptocurrency trading.
What platforms does XTB offer for cryptocurrency CFD trading?
For the trading of cryptocurrency CFDs offered by XTB, 3 different platforms can be used.
The first and second are created by the broker itself, xStation 5 and xStation mobile. Both are excellent platforms, specialized for PCs and mobile devices, with intuitive user-friendly interfaces, excellent for people who want to start in the world of cryptocurrency trading.
If you want to know a little more in depth the benefits of the xStation 5 platform, for PC, I invite you to visit the review we made of it here in CriptoTendencia.
Metatrader 4, the 3rd platform offered by XTB, has a great reputation, and is one of the most used by traders of different assets around the world, thanks to the great capacity it possesses. MT4 is available for both PCs, Android and IOS.
For more information about XTB, you can visit the official site.