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How can I trade crypto with 1:5 leverage?
Leverage may be a good tool for a trader to increase the profit per trade. The volatility that crypto coins experience comes in sharp waves. And to ride them, you can use leverage. FBS broker offers 1:5 leverage on a cryptocurrency account. With 1:5 leverage and 100+ crypto assets, you will have more opportunities in the market.
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How to open a Crypto account?
With FBS broker, you can open a Crypto account. First, open the FBS website. After that, press the "Log In" button and complete a simple registration. Next, you press the "Open Account" button in Personal Area and choose a Crypto account. The process is very smooth and won’t take more than a few minutes.
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Can a beginner earn on trading crypto?
Trading crypto may be risky, but it is also potentially highly profitable. You just need to find the right approach. For example, cryptocurrency analysis can be of great help. You can follow the crypto events and stay updated about fresh market opportunities. Also, you will find here strategies for crypto trading.
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Which platform is good for cryptocurrency trading?
One of the keys to success in crypto trading is a good platform. With FBS broker, you can trade cryptocurrencies on the MT5 platform, as well as on FBS's own platform: FBS Trader. Of course, what you choose depends on your needs. For example, FBS Trader is more user-friendly and, therefore, is good for beginners. And it has a wide variety of crypto instruments to offer: 100+ crypto coins and pairs.
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Is there a demo crypto trading?
If you want to try out crypto trading, a demo can be a good option. FBS broker has a Demo Crypto account with 10K USDT to practice and test trading strategies. The account offers more than 100 crypto assets, and it is fully risk-free. A trading demo is an excellent opportunity for beginners and pros to grow skills and decide if crypto trading is for them.
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How to trade cryptocurrencies to cryptocurrencies?
At FBS, you can trade cryptocurrencies to other cryptocurrencies. For example: Bitcoin against Ethereum (BTCETH), Litecoin against Ripple (LTCXRP), etc. You can go long (buy) if you think the cryptocurrency will rise in price, or short (sell) if you think it will fall. Read our daily cryptocurrency market analysis to make profitable deals.
Coin-to-Coin Trading with Crypto Account
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Search for the best trading instrument. The table shows all instruments available to trade with FBS broker
Minimal Spread
Typical Spread
Swap Long
Swap Short
Stop level
Account type: Crypto, Group: Coin-Coin
- Minimal Spread
- Typical Spread
- Swap Long
- Swap Short
- Stop level
The value is given for 4-digit quotes. In 5-digit quotes the fourth digit after a comma is indicated (0.0001). In 3-digit quotes - the second digit after a comma (0.01). For example, in EURUSD quote - 1.36125; in USDJPY quote - 101.852
On Islamic accounts (Swap Free), there is a weekly commission for long-term positions of Forex Exotic.
CNHJPY: buy -102.06, sell -24.78;
EURCNH: buy -63.07, sell -11.69;
EURTRY: buy -301.00, sell 0;
USDBRL: buy -412.93, sell -22.05;
USDCNH: buy -66.78, sell -12.67;
USDMXN: buy -121.24, sell 0;
USDSGD: buy -70.21, sell -63.56;
USDTRY: buy -267.12, sell 0;
USDZAR: buy -114.52, sell 0.
Notice that in MT5 a commission is charged when you open a deal. In the Trade window for your open position the profit doesn’t include the commissions.