Introduced in 2009
Most popular digital currency
It has a market capitalisation of around $149 billion
Introduced in 2015
Sophisticated cryptography technology
It has a market capitalisation of around $61 billion
Introduced in 2012
Fastest digital asset and allows payments globally
It has a market capitalisation of around $30 billion
Introduced in 2011
Faster block generation rate than Bitcoin
It has a market capitalisation of around $8 billion
|Symbol||Target Spread (USD)||Average Spread (USD)||Trading Hours (CET)|
|BTCUSD||30||-||Sunday 23:00 – Friday 23:00|
|ETHUSD||4.5||-||Sunday 23:00 – Friday 23:00|
|LTCUSD||1.5||-||Sunday 23:00 – Friday 23:00|
|XRPUSD||0.01||-||Sunday 23:00 – Friday 23:00|
|Symbol||Lot Size||Min. Spread (USD)||Min. Trade Size||Max. Trade Size|
Please find below the maximum leverages for retail customers under ESMA regulation
|Cryptocurrencies||Max Leverage 1:2||Margin 50%||Close-out Level 50%|
|Symbol||Lot Size||PIP Values||Margin Requirement / Lot||Hedged Margin||Leverage|
Please note that for customers carrying net positions on the above instruments, we reserve the right to multiply the above margin requirements as follows:
|Symbol||Margin requirement x 2||Margin requirement x 4|
|BTCUSD||10 – 25 lots||> 25 lots|
|ETHUSD||25 – 50 lots||> 50 lots|
|LTCUSD||100 – 250 lots||> 250 lots|
|XRPUSD||1000-2500 lots||>2500 lots|
|Symbol||Long Swap||Short Swap|
Swap charge is in percentage terms per annum. It is applied daily based on position price, position volume, lot size, base currency and divided by 360 (number of days in banking year). If the deposit currency is different from the base currency, the swap charge is converted in deposit currency.
ActivTrades policy on hard forks
A fork is a change to the software of the digital currency that creates two separate versions of the blockchain with a shared history.
Forks can be temporary, lasting for a few minutes, or can be a permanent split in the network creating two separate versions of the blockchain.
ActivTrades actively monitors protocol developments and works hard to ensure customer funds are safe in these events. In the case that one version isn’t discontinued – known as a hard fork – we will generally follow the blockchain that has the majority consensus of cryptocurrency users, and will therefore use this as the basis for cryptocurrency contracts. In order to determine which fork to support, we look at factors such as size of the network, market value and customer demand.
If the hard fork results in a brand new cryptocurrency becoming tradeable on exchanges we have access to, then in our absolute discretion, we may create an equivalent position or cash adjustment on client accounts to reflect its value, however we will have no obligation to do so.
When a hard fork occurs, there may be substantial price volatility around the predefined fork event, and we may suspend trading throughout if we do not have reliable prices from the underlying market.
Please bear in mind that due to the unregulated nature of cryptocurrencies, trading CFDs on cryptocurrencies is high risk. These markets are extremely volatile with limited liquidity. You should ensure that you fully understand how blockchain technologies work prior to investment.
ActivTrades reserves the right, in its sole discretion, to stop taking new open positions on cryptocurrencies upon breach of internally set limits for net company exposure on cryptocurrencies.