Crypto Trading | Merit Forex

Crypto Currencies

Crypto Currencies Trading is the latest trading instrument added to the trading portfolio of Merit Forex.

This new trading option available to trade on both MT4 and MT5 platforms gives the investor the unique opportunity for secure and stable trading in BITCOIN, ETHEREUM, RIPPLE and LITECOIN.

Crypto currencies have gained popularity and become one of the most preferred trading instruments on the global market for their advantages some of which are and not limited only to:

 • Secure trade on a global scale;
 • No central bank regulations, geopolitical or macroeconomic factors to influence crypto currencies valuations;
 • Possibility to trade with them 7 days a week;
 • Tight spreads, deep liquidity and superior execution using leverages up to 1:5 at weekdays and up to 1:2 at the weekends;

Trading them on Merit Forex MT4 and MT5 platforms, the investors get access to tight spreads and experience market execution with phenomenal speed. They are provided with deep liquidity and superior execution.

One of the most attractive features of Crypto currencies trading is the ability to use leverage: up to 1:5 at weekdays from 07:00 GMT Monday to 14:00 GMT Friday; and 1:2 at weekends from 14:00 GMT Friday to 07:00 GMT Monday on MT4/ MT5 trading platform.

 

The new trading hours which are in server time (GMT) are listed below:

Sessions

Trade

Sunday

00:00-22:00 22:05-24:00

Monday

00:00-22:00 22:05-24:00

Tuesday

00:00-22:00 22:05-24:00

Wednesday

00:00-22:00 22:05-24:00

Thursday

00:00-22:00 22:05-24:00

Friday

00:00-22:00 22:05-24:00

Saturday

00:00-09:55 18:05-22:00 22:05-24:00


As mentioned above, one of the major advantages of Crypto currencies trading is that there is no central bank regulation on it. Due to their decentralized nature, the crypto rates are not affected by geopolitical issues and macroeconomic fluctuations such as country-specific inflation or interest rates.


The range of Trade Volumes offered at Merit Forex platform are defined as following:


BITCOIN

Contract Size

Min Trade Volume

Max Trade Volume

1

0.01 lot

25 lot


We offer a maximum leverage of 1:5. Let’s say the BTCUSD (bitcoin vs usd) current price is $3700. This means that normally it is needed $3700 to open a 1 lot trade, however, the investor on Merit Forex platform can open that trade only with $740 margin due to the use of leverage ($3700/5=$740). Thus, with $740 deposit and the use of the leverage, one can invest as much as $3700.

ETHEREUM

Contract Size

Min Trade Volume

Max Trade Volume

1

1 lot

500 lot


Let’s say the ETHUSD (ethereum vs usd) current price is $150. This normally requires $150 to open a 1 lot trade, however, one can open that trade with only $30 margin due to the leverage ($150/5=$30). This means with $30 deposit and the use of the leverage, our clients can invest as much as $150.


RIPPLE

Contract Size

Min Trade Volume

Max Trade Volume

1

10 lot

10000 lot


Let’s say the XRPUSD (ripple vs usd) current price is $0.40 meaning that the investor normally needs $400 to open a 1000 lot trade. However, with the leverage ($400/5=$80) now one can open that trade with only $80 margin. Thus, using the leverage with $80 deposit, one can invest as much as $400.


LITECOIN

Contract Size

Min Trade Volume

Max Trade Volume

1

1 lot

1000 lot


Let’s say the LTCUSD (litecion vs usd) current price is $50. This means that it is normally needed $500 to open a 10 lot trade.However, if one uses the leverage ($500/5=$100) one can open that trade with only $100 margin. This means with $100 deposit, Merit Forex clients can invest as much as $500 due to the use of the leverage.

To try and evaluate the advantages of crypto currency trading on Merit Forex platforms is easy and simple. Just log in your account and start trading!


And if you are not yet our customer, just register and start your crypto currency experience right away!