Advantages to Trade Litecoin CFDs with ATFX
Trading Open 24/5
Go Long as Well as Short
Trade Litecoin on Leverage
No need to own actual cryptocurrencies, trade Litecoin CFDs with ATFX with 50% of the position value as margin. This also means that any profits, or losses will be magnified and it is important that you understand the risks involved.
|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)|
*The time zone on the trading platform is set to GMT+2 during Normal Time or GMT+3 during Daylight Saving Time (Greenwich Mean Time). For Quotes and Trade sessions, please refer to the product specifications on platforms for details.
Swap rates are subjected to periodic adjustments; please refer to product specifications on the MT4 trading platform for more information.
Min. Spread: The spread varies subject to market volatility.
Trading Hours: All stated trading times are in GMT+2 during Normal Time or GMT+3 during Daylight Saving Time (Greenwich Mean 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.
Bitcoin prices recorded hefty price gains 2017, and with the growing interest it caused a glut. Litecoin was therefore considered an attractive alternative, as it offered faster transactions at lower costs. Litecoin also offered the advantage of scalability. Moreover, when Bitcoin’s price skyrocketed, it became too expensive for certain investors, who then turned to Litecoin, resulting in the latter’s growing popularity and price.
With more than 50 million coins in circulation, Litecoin traders enjoy the benefits of high liquidity. If Bitcoin is considered the new gold, then 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 1:2 and excellent customer support. As Litecoin CFDs are a leveraged product it is important to understand that any profits or losses will be magnified, and you should manage your risk accordingly.
Why Trade Litecoin CFDs with ATFX?
If you wish to gain exposure to the large price fluctuations of Litecoin, without having to purchase and store this digital coin, then you can do that by trading Litecoin CFDs.
Litecoin CFDs offer traders the opportunity to speculate on price movements, without owning the underlying digital currency. As you don’t hold the actual coin, you can speculate on the price movement, whether rising or falling. In comparison to purchasing the underlying cryptocurrency, CFDs are less hassle and allow for faster settlements.
ATFX’s Litecoin CFDs have a very low spread, and with our MT4 trading platform you can easily set up automated trading programs. Trade with a Litecoin CFD broker that will give you complete peace of mind, in a secure environment that puts traders first.
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.