CryptoCurrency CFDs
Updated on April 10th, 2021
Directa offers four Cryptocurrency CFDs traded on LMAX Exchange
Bitcoin, Ethereum, Bitcoin Cash, Litecoin
- They are traded in micro-lots: quantity 1 corresponds to 1 cent of Bitcoin and Ethereum (see table for individual cryptocurrencies)
- The maximum investment allowed per instrument is $ 200,000.
- The trading fees are at 2 per thousand of the value of the underlying asset, with a minimum of € 2
| Bitcoin CFD |
||
| ticker |
margin |
contract value |
| XBTUSD |
50% of the total value |
0,01 |
| Ethereum CFD |
||
| ticker |
margin |
contract value |
| XETUSD |
50% of the total value |
0,01 |
| Bitcoin Cash CFD |
||
| ticker |
margin |
contract value |
| XBNUSD |
50% of the total value |
0,01 |
| Litecoin CFD |
||
| ticker |
margin |
contract value |
| XLCUSD |
50% of the total value |
0,01 |
Let's see an example, assuming a Bitcoin value of 9,000 euros:
| value of 1 contract |
withheld margin |
commissions |
| 90 euros |
45 euros |
2 euros |
Trading operations
Cryptocurrency trading takes place continuously 7 days a week.
- Directa weekly closing: from 3.30 am to 5.30 am every Saturday
- LMAX Exchange weekly closing: every Saturday from 11.00 am to 6.00 pm
- From Sunday to Friday, daily technical closure from 11.00 pm to 11.05 pm