Trade the fastest-growing cryptocurrencies
The dynamic cryptocurrency sector keeps on expanding. We’re focused on offering the world’s fastest-growing cryptos to trade as CFDs: Bitcoin, Bitcoin Cash, Ethereum, Ripple and Litecoin.
With GO Markets you can speculate on the large price movements cryptocurrencies can experience. You don’t need to own the underlying assets, have a digital wallet or trade on a cryptocurrency exchange.
Why GO Markets for cryptocurrency CFDs?
Trade cryptocurrencies as leveraged CFDs with competitive spreads
Access popular cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin
Ease of transaction: no need to purchase the underlying asset
Trade 24 hours a day, 5 days a week
24/5 support with friendly, knowledgeable staff on call for all your needs
Trusted, reliable Australian-regulated broker since 2006 (AFSL 254963)
Cryptocurrencies available on the GO Markets platforms:
Range of Cryptocurrencies you can trade
| Bitcoin | Ethereum | Litecoin | Bitcoin Cash | Ripple | |
|---|---|---|---|---|---|
| MT4 Symbol | BTCUSD | ETHUSD | LTCUSD | BCHUSD | XRPUSD |
| Contract Size | $1 x symbol value | $10 x symbol value | $100 x symbol value | $10 x symbol value | $1000 x symbol value |
| Margin | 20% | 20% | 20% | 20% | 20% |
| Currency | USD | USD | USD | USD | USD |
| Min. Trade Size | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Max. Trade Size | 5 | 5 | 5 | 5 | 5 |
Trading example
Trading example: Cash CFD BTCUSD
| Quote | 4500.50 / 4512.50 |
| Contract size | 1 Standard size |
| Trading unit | USD |
Trade example (Sell):
The quote means you will sell at: 4500.50
Strategy: you believe the BTCUSD will go lower, so you sell one contract at USD 4500.50
Margin Requirements: You need to have the required margin available on your contract (see symbol specifications in MT4 platform)
Contract Size: The value of 1 see contract of BTCUSD is Price x Contract Size (4500.50 x 1 = $4500.50 USD)
Note: The contract size in monetary terms vary in accordance with market price.
Trade example (Close):
BTCUSD is now quoted at 4450.50 / 4462.50
Strategy: You decide to take profit and close the position at 4462.50
Profit/Loss calculation: (opening value – closing value) x contract size = profit/loss.
Calculation: (4500.50 – 4462.50) x 1 = $38.oo USD (Profit)
Account currency: Your profit/loss will now be converted to your account currency.
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