CentFx Announces New Crypto-Focused Products

CentFx, the multi-award-winning international brokerage firm, has just launched CentPay, a seamlessly integrated, fast and secure payment solution that clients can use both as a funding method when trading and for real-world transactions with the CentPay Mastercard.

CentPay allows for instantaneous deposits and withdrawals when trading the over 400 instruments the firm offers. Additionally robust encryption ensures security of funds and transfers. This new payment solution also accepts multiple funding options, including major credit cards, cryptocurrencies, bank transfers and popular electronic payment methods such as Perfect Money, Samsung Pay, Union Pay and more.

Adding to this list of great benefits, clients can also deposit in cryptocurrencies and spend those funds using the CentPay Mastercard. As the brokerage says, this solution seeks to bridge the gap between digital assets and real-world payments.

Clients can combine this new feature with CentFx’s multiple account types to create a tailored trading experience. Depending on the account type they choose, they can get spreads starting from 0.0 pips, maximum leverage of up to 1:1000 and various minimum deposit amounts - so anyone can trade no matter their budget. An additional bonus is that CentFx doesn’t charge commission on any of its accounts.

Adding these conditions to the advantages of trading CFDs using cryptocurrency funds can give CentFx traders a significant market edge. Keep reading to find out how.

The benefits of using Cryptocurrency funds to trade

Access to leverage is one of the biggest and most significant benefits of using cryptocurrency funds when trading CFDs compared to their equivalent real assets. Although it can have a negative impact if the market moves against a trader’s positions, since it can amplify market movements, when used with the correct risk management tools, it can give a trader the ability to control larger trades with fewer funds.

Additionally, during periods of inactivity, when a client is holding a specific coin or token and waiting for it to increase in value, they can use their crypto funds to trade other markets that may be more active. If their profit-to-loss ratio is positive, they can benefit both from their trading activity and the potential increase in the value of their held cryptocurrency.

Discover CentPay

Upcoming Crypto Exchange Announcement

Another exciting piece of news CentFx recently announced was the development of an integrated Cryptocurrency exchange, giving its clients yet another way to participate in one of the most active and exciting markets in history. The timing of this announcement comes at the perfect moment as well since Bitcoin recently broke through the lofty $100,000 level, setting yet another all-time record. In the past Bitcoin has driven a generalised cryptocurrency rally, and if that happens CentFx’s clients will have the access they need to take advantage of it.

Adding a Crypto Exchange also expands the versatility of the brokerage firm’s competitive offerings, allowing clients to trade multiple asset classes, including Forex and Indices. This can have numerous benefits for their clients, including the ability to easily diversify their portfolio, hedge open positions, and take advantage of markets with different volatility levels.

Meet the Team at the iFX EXPO Dubai 2025

The broker also revealed that it will participate in one of the world’s biggest B2B or B2C online trading expos, the iFX EXPO Dubai 2025. The firm will be at Booth 25, where its team of representatives will be available to answer questions about their products, features and partnership programs.

The very well-known industry event sees thousands of attendees, including retail and professional traders, affiliates and IBs. Exhibitors and visitors include Brokers, Liquidity providers, Fintech companies, PSPs and Startups. The two-day expo takes place at the stunning Dubai World Trade Centre from the 14th to the 16th of January 2025.

This expo should be an excellent forum for CentFx to promote its latest products, including its new CentPay payment solution and meet existing and new clients.

CentFx Wins Most Trusted Broker Award

The financial service provider was also very proud to be announced as the winner of the prestigious Most Trusted Broker Award at the Wiki Finance Expo Dubai 2024.

The award was presented at the event that took place at the luxurious Millennium Plaza Downtown Hotel in Dubai on the 27th of November.

According to the firm’s Head of Business Development Saidul Islam:

“This recognition reflects our unwavering commitment to transparency, reliability, and exceptional service in the trading industry. We extend our heartfelt gratitude to our clients and partners for their continued trust and support. This achievement motivates us to keep raising the bar and delivering the best for our traders worldwide. Here's to many more milestones together!”

It looks like 2025 is going to be a busy year for CentFx, and very rewarding for its traders, with the addition of all of these amazing new features and products. Need more information about the company’s latest payment solution or want to sign up? Simply visit CentPay’s website.