Cryptocurrencies CFDs

Trading Conditions

The first cryptocurrency – Bitcoin – appeared in 2009. Since then, thousands of similar electronic coins and tokens have emerged on the market and became a popular tool for financial speculation and, to a limited extent, for making payments. Trade CFDs on some of the most popular cryptocurrencies, such as Bitcoin, Ether, Litecoin, XRP (formerly known as Ripple), Dash, Bitcoin Cash, Ether Classic, Stellar and ZCash, with tight spreads and at 25% margin for professional clients. Deltastock also offers “mini CFDs” on cryptocurrencies for a fraction of the market cost.

Trading conditions
Margin requirement1 Professional Clients 25%
Retail Clients 50%
Automatic position close-out upon -50% shortage of margin If the account balance falls below 50% of the used margin, the client’s position/s will be automatically closed, according to Art. 9.3.12 of the General Terms
Commissions None
Multiple of order size 1 unit
Interest2,3 Long position4 FED Overnight Rate plus 23.75% annually
Short position4 FED Overnight Rate plus 3.75% annually
Trading hours5 Monday-Thursday 00:00-24:00
Friday 00:00-23:00
1 In accordance with Art. 9.3.16 of the General Terms, Deltastock is entitled, at its own discretion, to change the minimum required margin for any certain CFDs, as well as individual Orders and/or Client accounts. In case of such changes, Deltastock will notify the Client by email.
In accordance with Art. 5.26 of the General Terms, Deltastock reserves the right, at its own discretion, to limit the amount of Margin, with the obligation to notify the Client of that circumstance. The limitations imposed may include any other measures that are required according to the applicable law, decisions by ESMA and/or national competent authorities of the Member States of the European Union, and also measures which Deltastock may deem necessary to protect its own interest or that of the Client. Deltastock is entitled to introduce the measures and restrictions provided by ESMA's decisions under Art. 40 of MiFIR and the local regulators under Article 42 of MiFIR in accordance with those decisions and without prior notification to the Client.
2 Overnight interest rate of the Federal Funds Reserve on the refinancing operations:http://www.federalreserve.gov
3 More on interest rates
4 If you are holding a long position, interest will be debited from your account. If you are holding a short position, interest will be credited to your account.
5 Eastern European Time (EET)
Symbol Name Min/Max Position Size Margin Requirement(%) Target Spread6
Professional Clients Retail Clients
6 The target spread is the minimum spread Deltastock aspires to quote. Nevertheless, during times of low liquidity and/or high volatility, the company might not be able to maintain the same spread levels it usually quotes. Such market conditions cannot be predicted and can occur at any time of day, and may lead to widening of the spreads for a certain period of time. Please be advised that wider spreads can have a negative effect on your account equity, which might lead to insufficiency of funds and closing of your positions.