Thinking of trading LTC/USD?
- 1. LTC/USD is a very interesting crypto-fiat pair for many different kinds of investors. The volatility, together with the long-term vision of its technology makes the daily fluctuations perfect to both Day traders and long term investors. This is due to the prediction of the cryptocurrency market to continue its growth and value. 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.
Trading CFDs involves significant risk of loss
How would you like to trade LTC/USD?
- 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
- 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
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Trading CFDs involves significant risk of loss
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
Trade Litecoin/U.S. Dollar with Fondex. Fondex offers CFDs on Bitcoin, Ethereum, Ripple, Litecoin, Dash, and Emercoin crosses. You can trade more than 20 cryptocurrency pairs and take advantage of our tight spreads and unbeatable execution.
1. Apart from the policies that will affect the USD, the volatility of the cryptocurrency will weigh heavier, and hence, will move the pair in a more forceful manner. Regular factors such as regulation and additions of LTC as a payment method will affect the pair's direction. 2. Other more specific factors that will push the pair's value are the correlation to Bitcoin, the availability of the coin in exchanges as that will increase its demand as overall global reach multiplied. 3. Litecoin is known for its lower security protocols, as it was created with the idea of dealing with smaller transactions, as an addon to Bitcoin. Any hack or security breach in the cryptocurreny's infrastructure will put the coin's value under pressure.
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'