Cryptocurrencies
Why Trade Cryptocurrencies?
Go Long or Short
Trade Price Movements in Both Directions.
Discover More Opportunities
Access the Cryptocurrencies Market 24/5.
Minimal Trading Volumes
Test Your Strategy Even with a Small Deposit.
Excellent Spreads
Take advantage of tight spreads starting from just 0.006 points.
Competitive swap rates
Trade with real market swap rates on every instrument.
Automatic Execution
Your orders are executed automatically with no requotes.
Popular Trading Instruments
BTCUSD
ETHUSD
XRPUSD
LTCUSD
BCHUSD
| Commissions/Fees | NO |
| Spread | from 0.006 points |
| Automatic execution | YES |
| Hedging without margin | YES |
| Long/Short positions | YES |
| Stop/Limit restrictions | NO |
| Experts | YES |
| Real-time quotes | YES |
Cryptocurrencies trading conditions
Cryptocurrency trading is available on the MetaTrader 5 platform. BenchMark offers commission-free crypto trading with margin that allows you to leverage your crypto exposure by up to 10x.
| Name in MT5 | Volume 1 lot | Max. volume | Average spread | Margin Pro |
Margin Retail |
| BTCUSD (Bitcoin) | 1 Bitcoin | 2 Bitcoins | 47 | 10% | 50% |
| ETHUSD (Ether) | 1 Ether | 30 Ether | 4.7 | 10% | 50% |
| LTCUSD (Litecoin) | 1 Litecoin | 200 Litecoin | 0.7 | 10% | 50% |
| XRPUSD (Ripple) | 1 Ripple | 20 000 Ripple | 0.006 | 10% | 50% |
| BCHUSD (Bitcoin cash) | 1 Bitcoin cash | 50 Bitcoin cash | 3.9 | 10% | 50% |
The Pro Margin column in the table above shows the margin requirements applicable to professional clients. The values shown in the Spread column are indicative and may vary depending on market conditions.
Trading hours
Cryprocurrency trading is open from 21:05 GMT on Sunday to 20:55 GMT on Friday.
Rollover interest for cryptocurrencies
All open positions at 21:00 GMT are rolled forward to the next business day. For holding a position in BTCUSD, ETHUSD, LTCUSD, XRPUSD or BCHUSD rollover fee will be charged based on the position direction.
For long position in BTCUSD, ETHUSD, LTCUSD, XRPUSD and BCHUSD the swap rate is minus 23%, calculated on annual basis. For short positions the swap rate is set at 1%, calculated on annual basis.
Example for swap rate calculation:
- Long position (Buy order) of 1 Bitcoin is held for the next business day. The price of the Bitcoin at the end of the day is 70 000 USD. The negative swap deducted from the account is calculated as follows: (70 000 x 23%) / 360 = -44.72 USD.
- Short position (Sell order) of 1 Bitcoin is held for the next business day. The price of the Bitcoin at the end of the day is 70 000 USD. The positive swap that will be applied to the account is calculated as follows: (70 000 x 1%) / 360 = 1.94 USD.
Risk management
Important: Cryptocurrency CFDs trading is extremely risky, highly speculative and there is a risk of losing all invested capital. This is а derivative product traded on an unregulated market and is therefore exposed to all risks associated with derivative products and all risks associated with its underlying asset price movements. Clients should be aware that due to a strong market volatility, lack of liquidity, and expanded distribution, an order can be executed at a price different from the one set by the client. It is also possible, in particular circumstances, to follow suspension of quotes, lack of availability for closing positions, lack of availability for opening new positions, closure of all open positions without prior notice, at specified prices by BenchMark Finance.