Offshore forex broker LiteForex announced it is adding Bitcoin to its tradable instruments list. Clients of the broker can trade in the BTCEUR and BTCUSD currency pairs in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.
LiteForex warns its clients to be careful with money management, as incorrect calculation of the margins may trigger stop-orders and may incur losses.
LiteForex is the latest broker to add cryptocurrencies to its tradable portfolio with news of a company doing so coming almost every day. Last week Libertex, a trading brand and platform of the Forex Club Group launched trading in CFDs on Bitcoin and Litecoin. Others who recently have turned their attention to digital currencies include Alpari, AvaTrade, XTB, HYCM, eToro, JFD Brokers.
LiteForex, set up in 2005, is a collective brand of LiteForex Investments Ltd., which is registered and regulated in the Marshall Islands, and Liteforex (Europe) Ltd., which holds a Cyprus license.