LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Online trading services provider AT Global Markets Limited (ATFX) has announced that it has added Ripple to its cryptocurrency trading platform in March. By adding Ripple, it takes its cryptocurrency lineup to four following recent additions of Bitcoin, Litecoin and Ethereum, as the company continues to fulfill its commitment to offering a better choice of trading instruments to its clients and partners.
ATFX had launched three new cryptocurrency trading instruments as recently as February 2018, offering its clients the opportunity to take advantage of cryptocurrency CFDs (contract for difference), a trading instrument that allows traders to speculate on both rising and falling prices.
The biggest advantage that cryptocurrency CFDs offer is that the trader does not need to actually own the underlying asset in order to trade it. This helps increase leverage for the trader, offering the potential for higher profits when price moves in their favour.
ATFX elaborated that it provided cryptocurrency CFDs on a transparent and secure platform, offering very low spreads, and with the ability to automate trades and leverage of up to 5 to 1.
This will ease trading access to the fastest growing digital currencies in the market today.
The financial services company have already participated in an expo in Taiwan and hosted seminars in Thailand, Philippines and Malaysia. More events are planned to be held across a number of SEA countries.