Brokers that allow leveraged trading and their cryptocurrencies to trade with

Leverage is the increased buying power that is available to margin account holders. Traders use leverage to increase the returns that can be provided on an investment. Traders/investors have to join a platform that allows margin trading and they should keep in mind that trading with leverage can generate much larger losses than traditional trading. Leverage is expressed as a ratio and allows you to enter larger positions than would be possible with your account funds alone. If you had $1,000 in your trading account with 3:1 leverage, you would be able to purchase $3,000 worth of cryptocurrencies. When we are talking about trading with leverage, a 20:1 leverage ratio means that the minimum margin requirement for the trader is 1/20 = 5%. This means that the trader is required to have at least 1/20 = 5% of the total amount of trade available as cash in the trading account. A 3:1 leverage ratio means that the minimum margin requirement for the trader is 1/3 = 33%, so trader is required to have at least 33% of the total amount of trade available as cash in the trading account. For example, to trade $10,000 of cryptocurrency, with a margin of 5%, the trader will only have to deposit $500 into his margin account. It’s not a good idea to hold a short position for long periods of time or to leave an open short position with no stop-loss order. Short term traders should always use “stop-loss” and “take profit” orders when they are opening their positions (the risk is extremely high). The ability to earn big profits by using a leverage is substantial but losses can also be very big and traders should always have this in mind.I would recommend everybody to use risk management techniques to limit losses for this type of trading with cryptocurrencies.

Supported cryptocurrencies

Some brokers offer a wide range of digital coins with up to 50:1 leverage, zero commission, and 24/7 trading. AvaTrade is offering a wide range of digital coins with up to 20:1 leverage and zero commission. Supported Digital Currencies on AvaTrade include: Ethereum, Dash, Ripple, ETCUSD, BTCUSD, BTCEUR, BTCJPY, LITECOIN Mini, XMRUSD, NEOUSD. Trading is 24/7 with limited trading on weekends for MetaTrader accounts. With IQ Option, traders are able to trade: Bitcoin, Bitcoin Cash, Ripple, Ethereum, Santiment, Monero, OmiseGo, Dash, Ethereum Classic, Zcash, Litecoin and IOTA. IQ Option offers up to x25 leverage for Crypto trading and provides all its members with the tools they need to progress. Traders can trade Bitcoin, Ripple, Litecoin, Ethereum and Ethereum Classic on eToro trading platform. Short positions on Bitcoin are still traded on this platform in the form of a CFD (Contract for Difference). With Plus500, traders can trade the world’s most popular cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Bitcoin Gold, Ripple, NEO, Litecoin, Monero, Dash and Zcash. Traders can trade cryptocurrencies with up to 1:5 leverage on Plus500 trading platform. The cryptocurrency market is open around the clock and on weekends so traders can trade 7-days a week, 24 hours a day with Plus500.

 

eToro
AvaTrade
IQoption
Kraken
Bittrex
Poloniex
Bitfinex
1:1
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1:2.5
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1:20
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1:3.3
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1:30
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1:44
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1:5
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Plus500
eToro
AvaTrade
IQoption
Kraken
Bithumb
Bittrex
Coinbase
Poloniex
Bitfinex
BCH
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BTC
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Dash
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ETC
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ETH
LTC
XMR
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XRP
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ZEC
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OMG
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SAN
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MIOTA
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NEM
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REP
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XBT
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BTG
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