Volatility pushes Bitcoin into Top 3 traded commodity products at Plus500


It is always interesting when a retail forex broker gives us a glimpse into what is going on behind the scenes, such as what instruments are actually traded.

And Plus500 Ltd (LON:PLUS) has done just that, revealing to LeapRate their top-traded instruments over the past three days across a variety of sectors – Forex, Stocks, Commodities, ETFs…

Plus500 w marginThere isn’t too much of a surprise in the data. As expected, the top-3 Forex pairs traded at Plus500 are EURUSD, GBPUSD, and USDJPY. However what caught our eye was how Bitcoin sneaked into the top 3 instruments in the Commodities segment, following #1 Crude Oil and #2 Gold. Not too surprising actually, given the wild ride Bitcoin has taken since the weekend – up to $500 from the mid-$300’s, and then back down again.

Retail traders just love volatility. And clearly they’re not afraid of dipping their toes into the waters of Bitcoin trading.

Here are the top 3 instruments traded at Plus500 over the past three days, by segment:

Stocks:
Linn Energy
Valeant
Alibaba

Commodities:
Oil
Gold
Bitcoin

Forex:
EUR/USD
GBP/USD
USD/JPY

Indices:
Germany 30
USA 500
US-TECH 100

ETFs:
VXX Volatility
DIA
QQQ

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Volatility pushes Bitcoin into Top 3 traded commodity products at Plus500

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