UBCFX Ethereum Broker
| Ethereum Trading Online
UBCFX Ethereum Broker has been offering Ethereum ( ETH) as one of their cryptocurrencies.
Ethereum Trading conditions with UBCFX
|Instrument||Units||Spread||Margin Requirements||Leverage||Swap||Trading Amount|
|ETHBTC.||ETH||Fixed: 100||20,00%||1:05||Short: 0, Long: 0||10-100,000,000, in steps of 10 ETH|
|ETHEUR.||ETH||Fixed: 290||20,00%||1:05||Short: 0, Long: 0||10-100,000,000, in steps of 10 ETH|
|ETHUSD.||ETH||Fixed: 360||20,00%||1:05||Short: 0, Long: 0||10-100,000,000, in steps of 10 ETH|
The broker offers 3 different currency pairs for trading Ethereum.
You are able to trade the ethereum against the Usd, against the Euro and against the most famous cryptocurrency the Bitcoin.
To trading conditions for all 3 currency pairs are the same except for the spread. The margin requirements are 20% and the leverage is 1:5 which is around the markets average.
Crypto currencies trading is like trading forex, you trade one currency against the other in a pair. In this case if you really get the Bitcoin ,dollar and euro. You want to trade when you want to get involved in the cryptocurrency market but are not looking to actually buy Cryptocurrency Coins.
This see if the trading solution is an alternative to actually investing in buying crypto coins.
You do not actually buy the asset traded but you trade on the movement that cryptocurrency makes when it rises and falls in this volatile an exciting market.
You are able to go long or short when you trade with UBCFX and they charge no swap fee making it at the same time also Islamic trading compliant.
UBCfx Bitcoin Trading as well as other UBCFX cryptocurrency trading is possible under similar trading conditions..
UBCFX Forex trading has started its operation last year and already has become a trustworthy name in the industry. There are currently as yet not many UBCFX reviews out there besides of course this UBCFX review.
they looked to perfect their offering and service before hitting the market full on. This soft launch gave them the time to take UBCFX Trading to another level and truly become a proper forex Broker.
The website follows the latest euroean guidelines and is well designed.
not too much content as a trader that opened an account tends to enter the site only once and afterwards goes to the UBCFX login link at the middle top of the site.
you will fin all the information you need and the site is available in several languages, Arabic, English, German, Spanish
UBCFX Trading Platforms.
the trading platform you will be able to trade with is the UBCFX Sirix trading platform
this is a well established trading platform developed by the reputaed software company called Leverate.
this platform is one of the better trading platform solutions on the market today and you will be able to trade this directly on the web or even on your Mobiel.
Sirix has a social Trading module build in which allows you as a trader to follow and copy traders that are have proven themselves, giving you an edge on the market. the system is very secure, intuitive and you are able to customize your trading desk . you will find that you are able to use this platform within minutes of login.
UBCFX Trading accounts
UBCFX offers 3 different account levels , these levels depend of your investment and what you hope to accomplish.
Besides these 3 accounts they also offer an UBCFX islamic account which is without swap fees and commissions and a UBCFX demo account which gives any client 30 days and $10,000 virtual funds to test their systems
the minimum deposit is $500 and from there it goes straight away to $2,000 for the next account
in the end what you need to know is that every account gets daily market updated and signals for trading.
when you look to trade ethereum you would want to options to trade it against the dollar euro or Bitcoin, this broker offers all 3 . this besides the trading platform which is one f my personal favorites and their overall feel in expertise and professionalism . a good choice for those that want to trade cryptocurrencies