Eightcap, a multi regulated, competitive global CFD and forex broker, is increasing the number of crypto derivatives available to its retail traders. Clients will soon have access to over 250 CFDs on major cryptocurrencies and altcoins, available to trade on both MT4 and MT5 as of 1st September 2021.
Not Your Bog Standard Crypto CFD Offering
Building on the successes of the code-free automated trading system and forex trader fest in the first half of 2021, Eightcap is further developing its services to improve the capability of its offerings to support diverse retail client portfolios. The quarter-thousand-strong asset launch is not limited to simple USD pairings of major altcoins, clients will also be able to trade a range of crypto-crosses and cryptocurrency indices.
Sweetening the deal further, these crypto assets will be supported for both MetaTrader 4 and MetaTrader 5 account types, so existing clients do not need to do anything to gain access to these offers. Moreover, crypto CFD clients will have several account funding options and rapid withdrawal support. The benefits do not end there, though, with zero commissions on all trades, competitive spreads, 24/7 trading and much more.
Eightcap’s crypto derivatives will be available for EU retail clients thanks to its international regulation in external jurisdictions. This will be particularly good news to clients there given the withdrawal of Binance from offering crypto CFDs in Europe.
The Australian-based forex broker will be adding its 250 crypto assets to a range of CFDs already numbering over 300, including stocks, indices, commodities and currency pairs. Account options are simple, a Standard account for the majority of clients and a Raw account with reduced spreads, commission charges and greater support.
Retail clients of Eightcap can also take advantage of leverage rates much higher than allowed by EU-regulated brokers, with a maximum rate of 1:500. Payment options are varied, including payment cards, bank transfers and e-wallets like Skrill and Neteller.
Eightcap’s software range matches the competitiveness of the rest of its services, with both of the two latest MetaQuotes platforms and its own sophisticated automated trading tool, Capitalise.AI, that helps beginners create advanced algorithmic trading strategies with no coding required.
Traders keen on decentralised finance and blockchain-based trading will likely welcome Eightcap’s move to become the largest crypto CFD broker for retail clients. For a detailed review of the broker or to open an account, follow the link below.