ETX Capital, one of the leading spread betting, CFD and forex brokers has added a few more digital currencies to it’s crypto trading arsenal.
If you’ve not traded cryptocurrencies before you can download a free introduction to trading cryptocurrencies to learn more about the asset class and about each of the cryptos tradable through ETX Capital.
In brief trading cryptos with ETX means:
- NO EXCHANGE ACCOUNTS – No wallets or exchange accounts are required; simply log in and start trading today
- GO LONG or SHORT – Take a position at any time whether you think prices will rise or fall
- REGULATED – With our cryptocurrency spread bet and CFD products you can trade in a fully FCA-regulated environment.
- TAX FREE† – Spread betting on cryptos is free from Capital Gains Tax and Stamp Duty in the UK
How does the new Cryptocurrency markets work with ETX Capital?
ETX Capital offer two contracts on the new markets – Daily and Weekly. Both have fixed expiries which means that all open trades at the time of expiry will be closed, with no rollovers. Open and expiry times for each market are:
Daily – available Sunday from 22:00 to Friday at 21:55 and expire each day at 22:00, except Friday when they expire at 21:55 (times are BST)
Weekly – available Sunday from 22:00 and expire every Friday night at 21.55 (times are BST)
See the ETX Capital website here to view the full spreads and specs for the new markets.
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Richard started the Good Broker Guide in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously acting as multi asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2000.