Trade Bitcoins Using MetaTrader4 MetaTrader4, also known as MT4, is one of the most popular electronic trading platforms for online retail traders. MetaQuotes Software developed the groundbreaking platform in and it has become the most popular software among forex brokers. You can trade Bitcoin CFDs and other cryptocurrency CFDs on the forex industry’s most popular online trading platforms; MT4 and MT5. Many forex brokers support both desktop and device-compliant versions, plus WebTrader for trading via your browser. Bitcoin, Ethereum, Litecoin, BitcoinCash, Ripple, Dash, Monero, and Neo are available to trade with leverage on the familiar MT4 trading platform. They also offer trading of Forex, CFD’s, Indices and Commodities so they are perfect if you are a regular Forext trader looking to add Crypto’s.
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Reliable pricing and spreads as low as 0. Share your referral link and start earning ongoing commission for the lifetime of the account. Evolve Markets Affiliate Program offers the opportunity to earn a substantial, ongoing affiliate commission on the trading activity of any referred clients. Our markets are accessible via MetaTrader 4 and the newer MetaTrader 5 trading terminal.
Cryptocurrencies can also be traded using the time-tested methods of technical analysis. Not all forex platforms feature cryptocurrency pairs for trading, so you have to take some time to pick one that does if you want to trade cryptocurrencies on forex platforms. If you have found one, especially one which is offered on the MT5 series, then you can simply open an account, fund it, practice on demo and later on, start trading with real money. Here is a walk-through on how to setup your cryptocurrency trading on the MT5.
This shows the assets listed in the platform. This opens the list of cryptocurrencies. You can also select each cryptocurrency pair individually. These cryptocurrency pairings will be available for trading once this process is completed.
Some speculators are involved in cryptocurrency exchange business. Here, they exchange cryptocurrencies from their wallets to those of other traders when prices are high, and buy them again when prices have fallen.
In this manner, they aim to make a profit. However, this method presents a lot of risks. When you trade on forex platforms, many of these risks are reduced to the barest minimum. The benefits are very clear. If you should trade cryptocurrencies, do it from a forex platform. All Rights Reserved.