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Cryptocurrencies
Trading Cryptocurrencies
Cryptocurrencies are digital assets that use cryptography and run on decentralised networks. Bitcoin and Ethereum are well-known examples. The cryptocurrencies you can trade with VestFX are listed in the market watch of your platform.
Crypto prices can be very volatile. Prices can move quickly, including outside traditional market hours, and can be affected by news, regulation, technology changes and market sentiment.
Leverage increases both potential gains and potential losses. Because crypto prices can move sharply, many traders use smaller position sizes and stop loss orders.
You can follow cryptocurrency prices and place trades on the web platform, MetaTrader 4 and MetaTrader 5.
Getting Ready
Understand the market before you risk real funds.
Trade Cryptocurrencies Responsibly
Volatility means risk management matters even more.
Start small
Use position sizes that you can afford to lose.
Set your exit
Decide your stop loss and target before you place a trade.
Stay informed
Follow market news and review your open positions regularly.
Ready to get started?
Open a free demo account to practise first, or open a live account when you are ready. Trade on the web platform, MetaTrader 4 or MetaTrader 5.
Risk warning: Trading leveraged products such as forex and CFDs carries a high level of risk and may result in the loss of some or all of your capital. Only trade with money you can afford to lose. Read the full risk warning.