CMC Markets adds crypto spread betting
CMC Markets brings crypto spread betting to the masses. CMC Markets is a leading global provider of online trading which has today extended its cryptocurrency spread betting and contracts for difference (CFDs) offer across its retail client.
David Fineberg, Group Commercial Director, said:
“Since successfully launching our cryptocurrency offering in March to our professional clients, we have received increasing interest and demand from our retail client base to trade this unique digital asset class. Our clients have expressed an interest in trading on the two more established cryptocurrencies – bitcoin and ethereum – so we are pleased to offer them the opportunity to trade these cryptocurrencies.”
He further said,
“Spread bets and CFDs offer an attractive way to trade cryptocurrencies, giving clients the opportunity to trade on price movements without having to buy the currency outright. Adding cryptocurrencies to our portfolio of financial instruments allows clients to take a position with an established provider where funds can be deposited or withdrawn with ease, and the risks of purchasing cryptocurrencies directly through an exchange can be avoided. Like all other financial instruments we offer, we always recommend that clients understand the risks and conduct thorough research before trading.”
About CMC Markets
CMC Markets is a UK-based financial derivatives dealer. CMC Markets offers online trading in spread betting, contracts for difference (CFDs) and foreign exchange (forex) across world markets. The company is headquartered in London, with hubs in Sydney and Singapore and further 11 offices internationally. It is listed on the London Stock Exchange as well.
CMC Markets is one of the companies that launched CFD products to the retail market in 2000. It is also one of the major CFD providers. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
The goal of the company is to provide users with the ultimate trading experience. The company is passionate about online trading, is constantly innovating and looking to improve the way its clients invest in financial markets.
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