HotForex, a foreign exchange broker regulated by the Financial Services Commission of Mauritius under the name HF Markets Ltd., has added Bitcoin to its Cryptocurrency CFDs. Basically, this move will allow traders to buy and sell bitcoin after starting to offer it as a deposit option.
Features of the new offer
Bitcoin trading is available to HotForex clients whose accounts fall under the HF Markets (SV) Ltd and HF Markets SA (PTY) Ltd entities. The broker has enabled its clients to both buy and sell bitcoin, which is not the case with other brokers.
“Bitcoin has been rapidly changing the financial world since it was created. Here at HotForex, we believe in helping our clients keep up with the latest instruments, the newest tools and the best educational resources: adding the popular new cryptocurrency to our products was the natural next step, and offering the option to buy and sell sets us apart from brokers that only allow clients to buy. We hope our clients enjoy these new possibilities,” said HotForex’s spokesperson.
Some of the features of the new offering include: BTC/USD and BTC/EUR trading, competitive prices, low spreads and great liquidity.
Established in 2008, HotForex is a broker regulated by the CySEC in Cyprus and the FSC of the Republic of Mauritius.
When it comes to choosing an account, HotForex provides nine different types of accounts, which is more than enough to satisfy the needs of the average trader. The minimum deposit required to open an account is $5, while the maximum leverage is 1:50.
Earlier this month, HotForex launched the Autochartist service to its global customer base.