Leading Australian Retail FX and CFDs broker Pepperstone has announced that it is now offering four cryptocurrencies against the US Dollar – Bitcoin, Ethereum, Dash and Litecoin.
The cryptocurrencies will be available for trading with leverage up to 20:1 across all of the company’s trading platforms.
Cryptocurrency has large market movements that Forex and CFD traders can take advantage of – without the need to purchase actual cryptos or have an existing crypto wallet. However, Pepperstone notes that cryptos can be much more volatile than traditional currencies and carry significant risks.
Pepperstone has been very active lately on several fronts. The Melbourne based broker recently launched FX news and education site thefxlounge.com, and opened an FCA regulated business in London. As was exclusively reported by LeapRate last month, Pepperstone hired former IG Group Holdings plc (LON:IGG) executive Tamas Szabo as the company’s new Group CEO.