Product Information
Instrument Name
Litecoin ($) CFD
Spreads
1.20 Points
Minimum Margin
25.0 %
Margin Increases At
76.00
Trading Hours
24 hours/day
Minimum Stop Distance
0.0000 points
Litecoin has been described as ‘the silver to Bitcoin’s gold’. While not yet as widely recognised as Bitcoin, Litecoin trading has been gaining in popularity. Litecoin is already widely used for cross-border payments, but it is also possible to trade Litecoin using a Litecoin CFD. Litecoin is abbreviated as a currency to LTC. Its value is measured against other currencies, for example LTC to USD. If you want to trade LTC to USD live, it is sometimes easier to do this using a CFD trading account: you may not own actual Litecoin but you can trade Litecoin prices, using Litecoin CFDs, and take advantage of fast moving trends in the Litecoin market.
Why trade Cryptocurrencies?
Go long or short
Go long or short on Cryptocurrencies to profit from rising and falling prices
Higher volatility
Take advantage of Cryptocurrency volatility without owning any
Competitive pricing
Fixed spreads, low margin and competitive financing
Risk management tools
Protect your profits from volatility with stops and limits
Range of markets
Go long or short to take advantage of volatility in a wide range of Cryptos
Leverage your postion
Trade Cryptos with a relatively small initial investment