Advantages of Trading Litecoin CFDs with ATFX
Trading Open 24/5
Go Long as Well as Short
Ease of Transaction by CFDs
|Minimum Lots Size||0.1|
|Maximum Lots Size||10|
|Minimum Spread Value per Lot||8 USD|
|Initial Margin (Floating)||360 USD|
|Contract Value / Lot||180 USD|
|Trading Session Starts*||01:00:00 (Monday)|
|Trading Session Closes*||23:00:00 (Friday)|
*System time are set to be GMT+2 (Greenwich Mean Time). For Quotes and Trade sessions, please refer to the product specifications on platforms for details.
- Swap: Subjects to periodic adjustment, please refer to product specification on MT4 trading platform.
- Min. Spread: The change of spreads subject to the Market volatility.
- Trading Hours: All stated trading time are as MT4 platform time (GMT+2). The time mentioned above are MT4 Time.
What is Litecoin CFDs Trading?
Created in 2011 by former Google employee Charlie Lee, Litecoin is now a well-established cryptocurrency.
Despite being an offshoot of Bitcoin’s original codebase, Litecoin is considered an upgrade over its larger peer. This is because the Litecoin Network is significantly faster than that of Bitcoin.
Litecoin recorded huge price movements through 2017. With growing interest in Bitcoin, trading in this digital currency surged, causing a glut. Litecoin was considered an attractive alternative, as it offered faster transactions at lower costs.
Litecoin also offers the advantage of scalability. Moreover, when Bitcoin’s price skyrocketed, it become too expensive for certain investors, who then turned to Litecoin, resulting in the latter’s growing popularity and price.
With more than 54 million coins in circulation, Litecoin traders enjoy the benefits of high liquidity. If Bitcoin is considered the new gold, Litecoin is the new silver.
With ATFX, you can take advantage of Litecoin price movements in a safe and reliable trading environment, with leverage of 5:1 and excellent customer support.
Why Trade Litecoin CFDs with ATFX?
Wish to gain exposure to a digital currency with bright prospects, without the hassle of owning and storing it? You can do just that, by trading Litecoin CFDs (contracts for difference).
Litecoin CFDs are very simple trading instruments that offer traders the opportunity to speculate on price movements, without owning the underlying digital currency.
With CFDs, a trader can be nimble and take advantage of price movements whether the market is rising or falling. CFDs are hassle free and allow faster settlements.
With ATFX, you gain access to Litecoin CFDs at very low spreads. You can easily set up automated trades for speculating on price movements in this cryptocurrency that has bright prospects. And, you can trade with complete peace of mind, in a secure environment that puts trader interest as a top priority.