IC Markets follows the market trend, launches Bitcoin trading

Various brokerages recently get on board with the cryptographic money temporary fad, as advanced coins appreciate an increasing prevalence, with Bitcoin hitting untouched highs. ASIC-directed IC Markets is the most recent forex broker that reported the dispatch of Bitcoin trading on Friday.

In a notice on its site IC Markets cleared up it has included Bitcoin (BTCUSD) to its developing item offering "subsequent to blossoming customer request". The new Bitcoin item is traded as a CFD, enabling traders to profit by leverage up to 1:20, a high proportion that isn't accessible on most cryptographic money trades.

"We're pleased to offer speculators the chance to go long or short Bitcoin with an Australian claimed and directed broker. This enables traders to concentrate on their trading instead of the dangers and complexities of utilizing an unregulated Cryptocurrency trade," remarked Angus Walker, IC Markets Director.

A month ago IC Markets joined the "300 Club", hitting a record $313 billion trading volume.

IC Markets is an electronic correspondence organize (ECN) broker of forex and contracts for distinction (CFDs) that serves singular traders, money administrators and institutional customers. It is managed by the Australian Securities and Investments Commission (ASIC) and is among the leading Australian brokers.

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