Geneva based Retail FX and CFDs broker Dukascopy has announced that it is increasing leverage for crypto trading from 1:3 to 1:5 on BTC/USD, ETH/USD and LTC/USD crypto CFD pairs, with immediate effect.
The company noted that the recent rise in volatility and the crash of cryptocurrencies on 18th of May 2021 was mastered successfully by the bank. Based on an efficient and reliable risk management, Dukascopy said that the margins needed to trade crypto can be reduced as of today.
At the same time, the maximum net exposure is increased for Dukascopy Bank and Dukascopy Europe clients as follows:
❑ 100,000 USD exposure limit on BTC/USD, ETH/USD.
❑ 50,000 USD exposure limit on LTC/USD.
❑ BTC/USD, ETH/USD, LTC/USD are traded non-stop 7 days a week.
Dukascopy added that MT4 account holders are now welcome to test crypto CFD trading on Demo accounts.