Tuesday, September 26, 2017





The Advantages of Trading Bitcoin With a Forex Broker


Bitcoin, the first and largest cryptocurrency, is one phenomenal instrument to trade. It is critical, however, to only trade bitcoin with a well-established forex broker. The following advantages of reliable forex brokers will give you the edge in your bitcoin trading:


  • Superior execution speeds

  • Deep liquidity pools

  • Reliable and smart order execution

  • Regulated and fair dealing

  • Various order types

  • Dedicated customer support

  • Robust and proven trading platforms

  • Infrastructure redundancy - hardware, software, and connectivity

  • Easy account opening, deposits, and withdrawals


Why Trade Bitcoin?


Bitcoin has grown exponentially since its creation and implementation in 2008/2009 and has been an incredible instrument to trade, offering unheard-of returns. Besides offering magnificent returns on investments, trading bitcoin presents these advantages:


  • Largest market capitalization among cryptocurrencies

  • World’s most liquid cryptocurrency

  • Regarded as a dynamic safe haven asset and hedge against central bank and fiat currency failure

  • Excellent way to diversify investment portfolios

  • Traded even when other markets are closed - 24/7, 365 days a year


How to Trade Bitcoin - A Flash Guide


Bitcoin is traded on the above-mentioned forex brokers’ trading platforms with CFDs (contracts for difference). It’s just as easy and efficient as trading forex pairs, commodities, and stocks. You can also use stop loss-, take profit-, and all the other entry orders offered by these brokers.


Because of its volatility, bitcoin is best traded by using low leverage, if any. Although the buy-and-hold trading strategy has yielded exceptional results since bitcoin was first traded, other shorter-term trading strategies can also be implemented. You can read ‘How to Trade Bitcoin - A Beginner’s Guide’ for in-depth information about this incredible financial instrument.

Skerdian Meta, Leading analyst
Skerdian Meta is our leading analyst. Skerdian is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 9 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst on Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands on trading. Skerdian has a masters degree in finance and investment.
Other posts by Skerdian Meta, Leading analyst