A cryptocurrency (or “crypto”) is a non-physical currency much like the money you spend using your plastic card or online banking. One major difference is that cryptocurrencies exist only in a digital form and not in a material or physical way.
Another major difference is that they are often decentralised and are not printed or issued by central banks or governments. Instead, they are created by a system of network using blockchain technology.
Millions of devices around the world are actively participating in the processing and verification of transactions and every time they do so, they are rewarded a tiny piece of the digital currency which becomes an addition to the overall supply.
Cryptocurrencies can be used to buy and sell some goods, but for the most part, people are trading them against the dollar or other currencies to profit from speculating if a certain crypto price will rise or fall.
4T offers Crypto as CFDs (Contracts for Difference), no need for digital wallets and all other technological complications that are linked to the product.
While Crypto transactions could be faster than bank transfers, they are lagging the extremely fast execution of CFDs. You have access to many indicator tools and order types to help you manage your positions in real-time.
Trading Crypto with 4T gives our clients the convenience to immediately shift their funds to trade all types of financial instruments such as FX, Precious Metals, Equities and more under one platform.
4T allows clients to take buy or sell positions in Crypto currencies giving you the flexibility to profit from rising or falling markets.
4T allows clients the use of in built risk management tools to automatically collect their profits or stop losses from growing while they are not watching the market.
| Symbol | Name | Contract Size |
LEVERAGE | Point Size |
Point value per lot |
Open (GMT) |
Close (GMT) |
|---|---|---|---|---|---|---|---|
| BTCUSD | Bitcoin | 1 | 1:1 | 1 | 1 USD | Sunday 21:00 | Friday 20:59 |
| ETHUSD | Ethereum | 1 | 1:1 | 1 | 1 USD | Sunday 21:00 | Friday 20:59 |
| LTCUSD | Litecoin | 1 | 1:1 | 1 | 1 USD | Sunday 21:00 | Friday 20:59 |
Minimum amount to deposit is $100.
There are no fees by 4T for incoming and outgoing transfers, however all money transfers are subject to a certain fee by the receiving and sending banks.
Clients can have leverage up to 1:300. For further questions, contact us on +442033016473 or email us on [email protected]
