ICM Capital, a global market leader in trading Forex, CFDs and Commodities, has launched trading on the cryptocurrency, bitcoin.
Confirming the move on Monday (13th November), ICM Capital said trading had commenced on Bitcoin CFDs, a widely traded cyptocurrency.
The move would enable traders to take a position on whether the value of the cryptocurrency will rise or fall, without having to take the risks associated with buying and storing it, similar to spreads on a range of asset classes from forex to commodities.
The intrinsic volatility of cryptocurrencies makes them appealing to traders with a steady nerve. Back in 2010, bitcoins were worth around 0.003 cents each. As of October 2017, that figure is upwards of $6000 – though this value has proved volatile, with frequent intraday swings.
About ICM Capital
ICM Capital Limited, headquartered in London (UK), has quickly grown in recent years; enlarging its reach in Europe, Middle East, North Africa and Asia; with offices spread around the globe. Among other categories the company has been awarded for its excellence in providing the best execution, customer service, and rebates for its traders.
ICM Capital grants cutting-edge technologies and online trading services for retail and corporate clients; offering a range of products and services, including Forex, Commodities and CFDs. Through ICM Capital and the world renowned MetaTrader 4 trading platform, traders can take advantage of high liquidity, tight spreads, mobile trading, technical analysis and much more.
ICM Capital Limited is authorised and regulated by the Financial Conduct Authority (FCA) Register Number: 520965. ICM Capital Limited is a wholly owned subsidiary of ICM Holding SARL, registered address: 121, Avenue De La Faïencerie, L-1511 Luxembourg. ICM Capital Limited is a company registered in England and Wales, registered number: 07101360. Registered address: Dauntsey House, 4B Frederick's Place, London, EC2R 8AB, United Kingdom.
Engaging in CFDs or Spot FX carries a high risk to your capital. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.
London Headquarters: +44 207 634 9770
Email: marketing@icmcapital.co.uk
Website: www.ICMCapital.co.uk