0 (0%)
Daily change

Thinking of trading LTC/EUR?

    1. Both Day traders and long term investors seem to find this crypto-fiat pair a very interesting and profitable one to trade. This would be due to its volatility but also its long term potential technological implementations. The overall prediction for the future of the cryptocurrency market is to continue its growth and value, which should give the push you need to get involved in the market. 2. Litecoin would find a direct correlation to the price of Bitcoin. As the market expands and more government legitimise it Litecoin will increase in popularity and it's value with sore.
Start Trading

Trading CFDs involves significant risk of loss

Get daily trading signals

  • Shares/Indices
  • Forex
  • Gold/Oil

Powered by

Trading CFDs involves significant risk of loss

How would you like to trade LTC/EUR?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
  • Tight spreads & reliable execution
  • 70+ pre-installed indicators
  • Custom indicators
  • 26 time frames
  • Live Sentiment data
  • Chart trading
  • Advanced Take Profit & Stop Loss
  • Depth of Market

Trading CFDs involves significant risk of loss

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
  • Vast selection of strategies to copy
  • Efficient risk management
  • Can start and stop copying at your will
  • Flexible allocation of funds
  • Detailed performance reports
  • Full transparency & access to historical data

Trading CFDs involves significant risk of loss

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

For beginners:

  • Great choice of available cBots for various trading strategies and risk tolerance levels
  • Simple Plug and Play functionality

For advanced traders:

  • Ability to create your own cBot or custom indicator

Trading CFDs involves significant risk of loss

The EUR, regardless of it being a relatively new currency has come a long way, it was introduced at the end of the 20th century and it is currently on of the top 5 most traded currencies. It is normally affected by monetary policies of the ECB (European Central Bank). If the euro zone economic performance was to strengthen dramatically, the ECB would raise rates, in order to control inflation. On the Crypto side of the pair, LTC was created in 2011 by Charlie Lee, ex-employee of Google, It's capitalisation is of $7B putting it in the top 5 biggest cryptos, top 1 would belong to BTC, with a market cap of $137.5B). Litecoin has also a cap on the amount of coins that can be mined, this number being 84M, there are currently $62M LTC in circulation. Litecoin was originally created as a complementing crypto to Bitcoin rather than as a competitor. It is considered to be competing against Ether for the title of "the silver to Bitcoin's Gold". Litecoin's highest price was back in December 2017, when it traded at $302. 04, it the latest lowest point was $25.09 a year later, in December 2018.In 2013, Litecoin surged 100% in over 24 hours. In November of that year it reached a market capitalisation of $1B. Charlie Lee has, to date, sold almost all of his Litecoin holdings due to a perceived conflict of interest.

1. Regulatory decisions are different in both continents. The European Union seems to take things slower and bases their crypto policy on figuring out how to approach this new phenomenon, whilst the US is more hands on on the issues. The year 2018 saw 18 digital token-related actions from the SEC and in 2019 we are likely to see many additional decisions, contrarily, the EU seems to be approaching the case on an individual basis, where every country is trying to draft their own regulations and rules. The inability of the EU to approach the crypto market as a whole, might constrain tokens issued in Europe, as network effects rely on a broad market, and are a fundamental part of token valuation. 2. Also, even if economical and political events in the Euro-zone will not push the pair as strongly as changes in the crypto world would, traders cannot forget the situation the EU is regarding certain countries such as the United Kingdom. Instability in the EUR will push the pair up and its bullish trend will intensify due to crypto users to turn to LTC as a safe-haven.

Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.

For more information, please view the 'Risk Disclosure'