Cryptocurrencies

Speculate on the most popular cryptocurrencies without the need for an exchange account.

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What is Cryptocurrency?

Bitcoin, the first cryptocurrency appeared in 2009, the birth child of a programmer (or group of programmers) going by the name Satoshi Nakamoto. In fact, the smallest unit of a Bitcoin, equivalent to one millionth of a BTC is called a Satoshi.
The first real-world purchase made with Bitcoins was in May 2010 in Florida, with Laszlo Hanyecz buying two pizzas for 10,000 BTC, equivalent to over $86,000,000 at today's prices. We can only hope it was a terrific pizza!
Bitcoin broke the $19,000 barrier in 2017 and has since then hovered around the $8,000 - $12,000 range.
While Bitcoin was the ground-breaker, since its introduction, hundreds of Cryptocurrencies have made an appearance, some more exotic than others.
TradeGM traders have access to CFDs on Bitcoin, Ethereum, Litecoin, Ripple, and Dashcoin.

How to trade Cryptocurrencies

While buying cryptocurrencies is a complicated process, calling for an exchange account and a secure wallet to store them, trading Cryptocurrencies with TradeGM is as simple as any of our other asset classes and doesn’t require any exchange accounts or wallets.
Trading is done on the award-winning MetaTrader 4. As with our other instruments, Cryptocurrencies are traded with leverage. Trading Cryptocurrencies with TradeGM can be Long or Short. No matter what your view of the market is, you can trade.

TradeGM warns you that trading CFDs on Cryptocurrencies carries a high level of risk and can result in the loss of your whole investment especially within a short period of time as virtual currencies values can widely fluctuate.
It is highly recommended that you do not invest money that you cannot afford to lose in order to avoid significant financial problems in the case of losses. Please make sure you define the maximum risk acceptable for yourself. You can find more details about risk related to trading CFDs on cryptocurrencies on the Legal Documentation section of the website, read carefully in order to ensure that you fully understand the risk associated with trading CFDs on cryptocurrencies and the possibility to lose all the invested capital.
Trade Bitcoin, Ethereum, Litecoin, Ripple and Dashcoin CFDs against the USD in your existing TradeGM account. No need for any exchange accounts or complicated setups.

Trade Bitcoin, Ethereum, Litecoin, Ripple and Dashcoin CFDs against the USD in your existing TradeGM account. No need for any exchange accounts or complicated setups. Login to your trading account and you’re ready to trade CFDs on Cryptos!

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The clients of eBrókerház Befektetési Szolgáltató Zrt. open orders through the Trade GM Trader Online Trading Platform, the orders will be forwarded to an execution venue defined in our Execution Policy. Trade GM Trader Online Platform is operated by eBrókerház Szolgáltató zrt, which is authorized and regulated by the Hungarian National Bank under the licence numbers III/73.059/2000. and III/73.059-4/2002.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The materials contained on this page are for advertising and marketing purposes only and should not in any way be construed, either explicitly or implicitly, directly or indirectly. as investment advice, recommendation or suggestion of an investment strategy with respect to a financial instrument, in any manner whatsoever. You should make sure that you have sufficient time to manage your investments on an active basis. CDF are derivative financial instruments, which price is derived from the price of the underlying asset or contract to which the CFD refers (for example currencies, commodities, indices, equity, etc.). Derivative financial instruments and related markets can be highly volatile. The prices of CFDs and underlying instrument may fluctuate rapidly over wide ranges and may reflect unforeseeable events or changes in conditions, none of which can be controlled by the client or eBrókerház Befektetési Szolgáltató Zrt. Prices quoted or information may vary and change depending on market conditions. When investing in Company’s Products denominated in a currency other than that of the state in which you reside, the return may increase or decrease as a result of currency fluctuations. Any indication of past performance or simulated past performance included in an advertisement is not a reliable indicator of future results. All names, pictures and personal details of people depicted as traders in advertisements concerning past performance are included for presentation purposes only, and are not the actual traders who have made the transaction detailed in the advertisement (actual details are kept for privacy purposes). All opinions expressed by traders are not actual testimonials but rather are depictive of the actual past performance and trading experience. Any trades depicted are selected from past real successful trades and are not reliable indicator of all customers past or future trades.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75,42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.