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Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market. Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
Cryptocurrencies are volatile, unregulated, decentralised and controlled almost exclusively by retail speculators.
Trade the world’s newest and most exciting asset class as CFDs.
The first and largest cryptocurrency, Bitcoin paved the ways for hundreds of similar currencies and boasts a market cap of over $100 billion.
Ethereum, often dubbed ``the next Bitcoin,`` is the world's second-largest cryptocurrency. It has gained global recognition and backing from major organizations like Microsoft, JP Morgan, and Intel.
Litecoin, created by a former Google engineer, enhances Bitcoin's technology with faster processing and a higher token count. It was the pioneer in implementing SegWit, a technique that accelerates transaction speed while maintaining the integrity of the blockchain.
Bitcoin Cash resulted from a hard fork of the Bitcoin blockchain. It increased block size from 1 megabyte to 8 megabytes without incorporating SegWit.
Ripple is both a transaction network and crypto token which was created in 2012 as the go-to cryptocurrency for banks and global money transfers, and has recently experienced a period of growth.
EOS is a decentralized operating system based on blockchain technology. It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities.
Polkadot enables various blockchains to securely exchange messages, including value, while retaining their distinct characteristics. It is a scalable, heterogeneous, multi-chain technology that facilitates the pooling of security.
Stellar, or Stellar Lumens, is an open source, decentralized protocol for digital currency to fiat money low-cost transfers which allows cross-border transactions between any pair of currencies.
Chainlink is a decentralized oracle network and cryptocurrency that serves as a crucial source of data for blockchains. It plays a vital role in supplying information to decentralized finance applications.
Dogecoin, introduced on December 6th, 2013, by Billy Marcus and Jackson Palmer, emerged as a ``fun and friendly internet currency.`` During a period of intense speculation in the cryptocurrency realm, the founders aimed to satirize the situation by creating Dogecoin.
Vonway provides Forex traders globally with exceptionally tight spreads, averaging just 0.1 pips for EUR/USD. Our combination of tight spreads and low latency enterprise grade hardware makes us the preferred choice for active day traders and Expert Advisor users. Refer to the table below for details on our minimum and average spreads across major currency pairs.
The gross profit on your trade is calculated as follows:
Opening Price
3910.25 * 2 = USD $7820.50
Closing Price
4200.50 * 2 = USD $8401.00
Gross Profit on Trade
USD $8401.00 – 7820.50 = $580.50
Opening the Position
The price of Bitcoin CFD against the US Dollar is 3900.25/3910.25 and you decide to buy 2 contracts at 3910.25.
Closing the Position
One month later Bitcoin CFD has increased to 4200.50/4210.50 and you decide to take your profit by selling your 2 contracts at 4200.50 each.
Fast trade execution is critical to your success and we challenge ourselves every day to deliver the best experience.
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Trade CFDs on forex, indices, Futures, Stocks.
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