pradegxs Posted July 30, 2019 Report Share Posted July 30, 2019 Dear folks, Anybody knows Is it safe and cheap enough to trade crypto products (CFDs) with forex brokers like Hotforex or Tickmill? I saw that they offer cryptocurrency pairs trading with relatively low transaction costs and leverage (1:5). They are also regulated and support USD withdrawals to bank account or payment systems. Are they better option that exchanges that deal only with cryptocurrencies? Link to comment Share on other sites More sharing options...
Dean Headley Posted August 1, 2019 Report Share Posted August 1, 2019 We have to be extremely careful with the Crypto Broker we select to work with because it’s too risky to go for any random or company that’s not reliable. I only prefer established options, as I know how much of a difference it can make in something like crypto trading. The most important thing we must do is to ensure we don’t join up any random options because it will mean that everything is at major risk, so got to be so careful. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 3, 2019 Report Share Posted August 3, 2019 Actually if you're in the European Union the leverage drops to 1:2 due to a recent mandate by ESMA. Link to comment Share on other sites More sharing options...
Fegore Posted August 4, 2019 Report Share Posted August 4, 2019 Yes, why not ? Today basically every broker do offer such capabilities, but they really do not offer that much than cryptoexchanges probably or I still do not know that topic in full anyway. What do you say ? Sounds good ? I do not see that at all. Link to comment Share on other sites More sharing options...
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