London Capital Group (LCG) to Offer BTC and ETH Cryptocurrency CFDs Trading
London Capital Group Has Announced The Launch of Cryptocurrencies to its Product Offering.
Clients of the market-leading broker with 20+ years of experience providing premium-quality trading services to investors worldwide will now be able to trade CFDs on popular cryptocurrencies including Bitcoin and Ethereum while benefitting from the world-class trading conditions LCG is renowned for.
By this announcement, the broker joins a prestigious league of brokers with crypto offering even as cryptocurrencies have grown in prominence and popularity amongst traders in recent years.
Underpinned by innovative blockchain technology, cryptocurrencies are not issued or controlled by central banks or government agencies. Their decentralized nature forms part of the appeal for traders, as cryptocurrencies, theoretically, cannot be manipulated or interfered with by outside forces. Highly susceptible to news and announcements, cryptocurrencies are prone to market volatility, providing ample trading opportunities.
London Capital Group has always placed the needs of traders at the forefront of its operations and remains committed to providing clients with new ways to invest in the financial markets.
With the introduction of cryptocurrencies Bitcoin and Ethereum, which can be traded as pairs against fiat currencies including the Dollar, Euro, Swiss Franc, Pound and Yen, clients can now take a position on some of the most popular and volatile markets, further adding to the 7,000+ instruments already available for trading with LCG.
London Capital Group decided to partner with Global Advisors Holdings Limited who are active in the ecosystem since 2013 to help them develop their current and future digital asset offering.
They said cryptocurrencies are only offered to clients registered with LCG Int. Limited. Cryptocurrencies are extremely volatile.