Are you prepared to join the monetary revolution? With a WavFX trading account, you may trade the most prominent cryptocurrencies such as Bitcoin, Ethereum, XRP (Ripple), Bitcoin Cash, and Litecoin in the cryptocurrency industry. No digital wallet is required, and our cryptocurrency CFD trading platforms enable you to trade on both increasing and decreasing values.
You can trade without having to use a cryptocurrency wallet.
It's a fantastic method to broaden your investment portfolio.
The price of cryptocurrency is unrelated to any central bank or financial instrument.
In a market that is open 24 hours a day, 5 days a week, you can trade increasing and decreasing prices.
Low spreads and leveraged trading.
WavFX is much more than just a cryptocurrency trading platform! We also provide Forex, commodities, and other financial services. Shares and indices with low spreads and unrivalled trading conditions.
Learn about the advantages of trading cryptocurrencies on one of the most advanced trading platforms accessible.Our trading platform is the best cryptocurrency trading platform, and it‘s available on both desktop and mobile devices.
The interface can be customised, including the colours of technical indicators.
Trading with a single click.
Live pricing broadcasting is available on both Live and Demo accounts.
Expert Consultants (EAs)
Alerts that can be customised.
iOS, Android, and Mac devices are all supported.
CFDs (Contracts for Difference) trading on cryptocurrencies is a novel approach to trade this unpredictable market. For positions against the US Dollar and the Great Britain Pound, WavFX offers cryptocurrency CFDs in significant assets such as Bitcoin, XRP (Ripple), Bitcoin Cash, Litecoin, and Ethereum.
Since it is difficult to keep track of all of the businesses listed on a stock exchange, traders turn to index trading. They can assess the overall success of the country's stock market and the economy in general using trade indices. Traders profit from the price fluctuations of various financial instruments indices by betting on the increase in value of the indices.
Since its introduction in 2008, Bitcoin has had the biggest market capitalization and price levels of any digital currency.
It controls half of the whole cryptocurrency market capitalization.
The greatest Bitcoin price was recorded in April 2021, when it surpassed US$63,000 for the first time.
With Bitcoin CFD trading on the upswing, we might see new record price levels in the future.
LTC differs from Bitcoin in scalability.
Mining a block takes about 2.5 minutes, compared to 10 minutes for Bitcoin.
Litecoin is unquestionably one of the most widely used altcoins.
The cryptocurrency Litecoin (LTC/USD) is a branch of Bitcoin (BTC/USD), since its creators extracted Bitcoin's code, modified it, and created a new project.
After Bitcoin, this is the second most popular cryptocurrency.
It enables platform developers to design smart contracts.
Ethereum has grown in prominence over time as a result of its engagement in a number of blockchain projects.
On August 1, 2017, the Bitcoin hard fork established Bitcoin Cash, a revamped edition of the blockchain with different regulations.
Bitcoin Cash was intended to address a long-standing scalability issue with Bitcoin.
It operates by shifting from the main Bitcoin blockchain to a new edition, which allows the software to handle more transactions (by eight megabytes to be exact)
Bitcoin's initial promise of Peer to Peer Electronic Cash is achieved. Unrestricted growth, worldwide acceptance, permission less innovation, and autonomous development are all promising prospects for the future.
Let's say you wish to trade CFDs with BTC/USD, a Cryptocurrency commonly called bitcoin as the underlying asset. Assume that the BTC/USD exchange rate is:
You decide to purchase 1 BTC/USD digital coin because you believe the price of BTC/USD will increase in the future. Your profit margin rate is 50%. This indicates you'll need to fund your margin account with 50% of the overall position value.
You now have a winning trade if the price rises to 61.000 / 61.010 in the following hour. You may sell at the current (Bid) price of USD 61.000 to terminate your position.
The price shifted in your favour in this scenario. However, if the price fell instead of rising, as predicted, you could have lost money. This regular evaluation of price fluctuations and the resulting profit/loss occurs. As a result, your initial margin generates a net return (positive or negative). The broker will execute a margin call if your free equity (Equity Margin) falls underneath the margin requirements (30000) in a loss situation. If you fail to transfer the funds and the market keeps moving against you, your contract will be terminated at the current market price when your free equity reaches 50% of your initial margin, which is known as a stop out.
|If the price of XAUUSD||To||You could Gain or Lose for a Long Position||Resulting in a Return of the Initial Margin|
|Rises by 1%||60600 / 60610||USD 600||2%|
|Declines by 1%||59400 / 59410||- USD 600||-2%|
|Symbol||Product||Standard A/C||Raw ECN A/c|
|BCHUSD||Bitcoin Cash CFD||5.00||5.04||5.00||5.04|
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Incorporate : The Registrar of Companies for England and Wales, hereby certifies that WAVFX TRADING INDEX LIMITED is this day incorporated under the Companies Act 2006 as a private company, that the company is limited by shares, and the situation of its registered office is in England and Wales. Given at Companies House, Cardiff, on 25th September 2005. The objects of the Company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.