B2Broker, an aggregator and provider of turnkey, cloud, and liquidity solutions for the FX industry, has announced the launch of a cryptocurrency liquidity service for MetaTrader 5 (MT5) brokers. The liquidity from B2Broker covers six popular cryptocurrencies – Bitcoin, Ethereum, Litecoin, Dash, Peercoin and Namecoin.
The aggregated liquidity comes from the largest five exchanges, which enables buying and selling digital assets at any time and in any volume, according to B2Broker. Details of the offering include margin trading with leverage of 1:3, no swaps and rollover fees, commission from 0.2%, payable once at the moment of transaction execution. Brokers can open a WhiteLabel or connect via the FIXAPI 4.4 protocol.
“The cryptocurrency liquidity service for MetaTrader 5 is a promising and easy-to-implement solution for brokers, who want to fill a new niche in the market,” says Artur Azizov, the CEO of B2Broker. “Cryptocurrencies represent a new economy, and I am sure that no less than one percent of the world currency volumes will flow into crypto-economy, which means at least 30-times growth as compared to the current $100 billion cap!”
What to Look for in a Liquidity ProviderGo to article >>
The amazing recent rallies in cryptocurrency prices, especially Ethereum and Bitcoin, have created a lot of buzz in the mainstream financial media this year. This in turn led to a lot of demand from clients to have access to this new instrument and the online trading industry seems set to fill this need.
On Wednesday we exclusively revealed that the team behind O-SYSTEMS, the binary options, forex and CFD online brokerage solution provider, will soon announce the launch of its latest product, Cryptency, a cryptocurrency platform provider.
On Tuesday we reported that Tel Aviv-based Panda Trading Systems, known for its binary options, FX and CFD brokerage solutions, has now started offering CFD trading on seven cryptocurrencies on all of its platforms, as well as a complete cryptocurrency brokerage solution.
That same day the international brand of Alpari announced to its Russian speaking clients that it has added Bitcoin trading instruments.