JOIN THE CRYPTOCURRENCY CRAZE AND MAKE YOUR MARK ON THE MARKET WITH THE STO CRYPTO ACCOUNT.
Trade Contract for Differences (CFDs) on Bitcoin, Ethereum and Litecoin and operate on the Cryptocurrency market in optimal trading conditions.
What are Cryptocurrencies?
Cryptocurrencies are decentralized digital or virtual currencies powered by blockchain technology. They are not issued by any central bank, government or other issuer, but can still be speculated on – just like any physical currency.
WHY CHOOSE STO?
Easy market access
If you’re a trader looking for the best deal, our Crypto Account gives you convenient access to the market with a minimum deposit of 500 USD. We also offer PLN, EUR and GBP as base currencies.
Competitive trading conditions
We offer access to trade CFDs on three of the most important cryptocurrencies – Bitcoin, Ethereum and Litecoin. With the STO Crypto Account you can open leveraged CFD trades and take advantage of our tight spreads.
Comprehensive trading tools
When trading on such an active market, having access to the right trading support is paramount. To help you trade, we give you access to range of tools including our historical volatility tool, as well as our Fibonacci, deal size and correlation calculators.
Negative balance protection
As with all leveraged products, when you trade cryptocurrencies there’s a chance that things might not go your way. STO offers negative balance protection to ensure that no matter what happens, you will not be liable to STO for any negative balances on your account.
Prior to trading CFDs on cryptocurrencies, you should be aware of the following:
Price volatility: The value of cryptocurrencies, and therefore the value of CFDs linked to them, is extremely volatile. They are vulnerable to sharp changes in price due to unexpected events or changes in market sentiment.
Charges and funding costs: Charges tend to be significantly higher than for other CFD products. Fees can include the spread (the difference between the prices at which a firm offers to buy or sell a CFD position), funding charges, and commissions. You should consider the impact of these fees on your likelihood of making a profit.
Price transparency: When compared with currencies, there can be more significant variations in the pricing of cryptocurrencies used to determine the value of your CFD position. There is a greater risk you will not receive a fair and accurate price for the underlying cryptocurrency when trading.
Please make sure that you have carefully read the clauses related to cryptocurrencies in our Terms and Conditions of Business and in our Risk Disclosure , and please ensure that you fully understand the risks related to trading CFDs on cryptocurrencies.
WHY TRADE CFDS ON CRYPTOCURRENCIES?
Trade CFDs with the potential for long-term growth
Cryptocurrencies have shown tremendous growth in the years of 2016-2017. Two of the most widely used cryptos, Bitcoin and Ethereum have grown in value tens of thousands of times since their creation. And with a capped market and increasing demand, this trend is likely to continue.
Maximize your trading potential
With margin trading you can get exposure to the full value of a trade without paying the full purchase price. For experienced traders who understand the risks, this type of trading can offer the potential for significant gains on the cryptocurrency market. Keep in mind that the opposite is true as well. You can also stand to lose more than your initial deposit or your entire invested capital.
Diversify your portfolio
Trading CFDs on cryptocurrencies could be an attractive option for those looking to spread their risk across multiple asset classes. While cryptocurrencies are highly volatile, they are still decentralized, which many people feel makes them an interesting alternative to fiduciary currencies.
Keep in mind that Cryptocurrencies are leveraged CFD products, which means although you'll only ever need to put down a small deposit to gain exposure to the full value of the trade, making your capital go further, but you also stand to lose more than your initial outlay.