Regulated Forex and CFD provider, JFD Brokers,launched a new product, Bitcoin. The announcement sees the brokerage firm join the list of forex brokers offering Bitcoin trading. JFD say they will offer BTC/EUR and BTC/USD pairs. The minimum requirements for these two pairs will be ten percent, which translates to a leverage of one out of ten.

Speaking about the introduction of Bitcoin trading at JFD brokerage, Monika Peeva, who is theTrading and systems head at the firm had a lot to say. She talked of how the firm was excited about the launch and how Bitcoin has dominated the news and made headlines since its inception. Her company, she said, wanted to keep ahead and on top of this new trend and offer its clients more. Which is why they considered going into Bitcoin trading.

official site : www.jfdbrokers.com

JFD becomes one of the few online brokers allowed to trade by the Cyprus Securities/Exchange Commission (CySEC). The broker offers services in CFDs, forex, precious metals, indices, and bonds. They are based in Cyprus but have branches in Germany, France, and the UK which are fully registered by the local laws.

With the introduction of Bitcoin trading, JFD aims at staying ahead of its competitors, given the recent popularity the cryptocurrency. JFD will allow a minimum trading of 0.01 CFDs, which is noteven one Bitcoin. This aims at helping retail traders to test the waters with small amounts, enabling them to manage risk better. Traders will trade on MetaTrader 4, with a deposit of $500 minimum, and a 1:400 leverage.

Bitcoin trading has been gaining popularity over the recent years, with its value soaring steadily. In the last few weeks, it went to an all time high. With the many advantages associated with this cryptocurrency, more and more traders are involving themselves in trading it. And this is where JFD aims to capitalize on by introducing it to the firm’s portfolio.