What is Cryptos?
Cryptocurrencies are a form of digital or virtual currency that can be used to purchase goods, exchange for other cryptocurrencies, or be traded in the form of contracts for difference on platforms such as DCFX. When trading CFDs on cryptocurrencies, you are effectively speculating on the price movement of the reference instrument.
Advantages of Trading Cryptos with DCFX
Details
Instrument | Size of 1 Lot | Stop Level | Swap(Long/Short) |
---|---|---|---|
AVAXUSD Avalanche / US Dollar | 1 Token | 50 cents | -20.00/-20.00 |
BCHUSD Bitcoin Cash / US Dollar | 1 Token | 50 cents | -20.00/-20.00 |
BNBUSD Binance Coin / US Dollar | 1 Token | 500 cents | -20.00/-20.00 |
BTCUSD Bitcoin / US Dollar | 1 Token | 500 cents | -20.00/-20.00 |
DOTUSD Polkadot / US Dollar | 1 Token | 50 cents | -20.00/-20.00 |
ETHUSD Ethereum / US Dollar | 1 Token | 500 cents | -20.00/-20.00 |
LTCUSD Litecoin / US Dollar | 1 Token | 50 cents | -20.00/-20.00 |
SOLUSD Solana / US Dollar | 1 Token | 50 cents | -20.00/-20.00 |
Trading Session
(UTC+3)
Instrument | Open | Close | Break |
---|---|---|---|
AVAXUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
BCHUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
BNBUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
BTCUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
DOTUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
ETHUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
LTCUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
SOLUSD | MON 01:05 | SUN 23:55 | SUN 02:00-04:04 |
Transaction Terms and Conditions
- a. Bid or offer only one side.b. Spread between bid and offer is more than the normal spread provided by liquid provider.c. Political news, economic news, terrorism,natural disaster, etc. could make prices more hectic then as usual.
Wrong Quote
If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.
Important
Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Friday.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time widened spreads and low liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.
Calculating Crypto Margin Requirements
Account Base Currency: | USD |
Position: | Open 1 lot BUY BTCUSD at 56850 |
1 Lot size: | 1 Token |
Notional Value is: | 2% |
Margin Required is: | 56850*1*2%= 1,137 USD |