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.
|Margin requirement1||Professional Clients||25%|
|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|
|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|
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.
|Symbol||Name||Min/Max Position Size||Margin Requirement(%)||Target Spread6|
|Professional Clients||Retail Clients|