Dukascopy raises leverage and exposure maximums for crypto CFD traders
Dukascopy is increasing leverage from 1:3 to 1:5 on BTC/USD, ETH/USD and LTC/USD crypto CFD pairs, with immediate effect.
Dukascopy is increasing leverage from 1:3 to 1:5 on BTC/USD, ETH/USD and LTC/USD crypto CFD pairs, with immediate effect.
It seems as though the Retail FX industry is going through some very good times – but maybe too good to handle.
On March 24th, all RoboMarkets client positions in BTCUSD and other crypto pairs will be closed at the then-current quotation levels.
The move is being made in concert with new rules in the UK being introduced by the FCA to ban all crypto CFDs for retail traders.
The FCA said that it considers these products to be ill-suited for retail consumers due to the harm they pose.