Juno Markets has partnered with the first FCA regulated crypto liquidity provider, GCEX to offer CFD trading on the world’s most popular coins.
$0
Commission trading with tight spreads
10x
Trade Bitcoin, Ethereum, & Ripple with 10x leverage
%
Ability to earn interest for holding short positions.
Can hold a buy and sell position at the same time.
$
Ability to profit from either rise or fall in coin prices.
No restrictions on short selling.
Did You Know?
With crypto CFDs, traders can benefit from both the rise and fall of prices. Use CFDs as a hedge for underlying assets or as a way to speculate withing needing to hold any coin.
Juno Markets offers trading on the top 3 cryptocurrencies by market capitalization with zero commission charged. The following cryptocurrencies are currently offered:
|
Symbol Name
|
Coin Name
|
Minimum Trade Size
|
Minimum MT4 Trade Size
|
1 MT4 Contract Equivalent
|
|---|---|---|---|---|
|
BTCUSD-
|
Bitcoin
|
0.01 BTC
|
0.01
|
1 BTC
|
|
ETHUSD-
|
Ethereum
|
0.01 ETH
|
0.01
|
1 ETH
|
|
XRPUSD-
|
Ripple
|
100 XRP
|
0.01
|
10,000 XRP
|
Juno Markets offers Cryptocurrency trading in the same hours as forex. Trading is available 24 hours a day starting from Sunday 5 pm EST to Friday 5 EST.
Due to potential volatility and price movements over the weekend, we strongly suggest that you maintain sufficient margin in your trading account if you decide to hold positions over the weekend in order to avoid potential margin calls.
The minimum amount to buy or sell is 0.01 coin for BTC and ETH. The minimum amount to buy or sell is 100 coins for XRP.
Leverage for all Cryptocurrency CFDs is 10:1 or 10% margin requirement.
Example: Buy 0.10 contract of BTC @ $50,000/contract = $5,000 total value
Margin requirement = $5,000 * 10% = $500
Margin call occurs when a client’s Free Margin reaches zero. A stopout occurs when a client’s equity reaches 50% of the account’s margin requirement. In the case of a stopout, the open position with the largest floating loss will be closed first.
Since shares CFDs are traded on margin (ie. borrowed money from Juno Markets), financing charges will apply. Positions held open after the close of market (5pm EST) will incur a financing charge based the market demand of the underlying coin. Finance charges can be found by checking the specifications of each coin in the Market Watch window.
Finance charges are quoted based on annual interest rates. To calculate the daily rate, take the interest rate and divide by 360. For example, if the finance charge for BTCUSD is 10% and BTCUSD is trading at $50,000, then the annual cost of holding 1 BTCUSD position is $500 USD (50,000 * 10%). Therefore, the daily charge is $1.37 (500/360) per BTCUSD contract.
Juno Markets charges 3 days of finance charges or swaps for all positions held past Friday at market close.
Juno Markets Limited is incorporated in the Republic of Vanuatu with physical and registered address at Law Partners House, Kumul Highway, Port Vila, Vanuatu. Juno Markets does not accept clients from certain countries/regions including Iran, Cuba, Sudan, Syria, North Korea, United States and Hong Kong. For a full list of restricted countries, please contact Customer Service.
Juno Markets does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user’s responsibility to ensure that any use of the website or services adhere to local laws or regulations. Juno Markets does not affirm that the information on its website is suitable to all jurisdictions.
Risk Warning
Our services include products that are traded on margin and carry a high degree of risk to your capital. It is possible that you could sustain a loss that exceeds your initial investment. You should ensure you fully understand the risks involved and seek independent advice if necessary. Please read our full risk disclosure statement.
