Company Information: This website (www.inefex.com) is operated by Novir Markets Ltd, a Mauritian investment firm, authorised and regulated by the Financial Services Commission of Mauritius with license number GB21026833. Novir Markets Ltd is located at Suite 803, 8th floor, Hennessy Tower, Pope Hennessy Street, Port Louis.

Novir Markets Ltd owns and operates the “Inefex” brand.

Novir Markets Ltd and Value Bridge Single Member Investment Services S.A belong to the same Group of Companies. Value Bridge Single Member Investment Services S.A is regulated by the Hellenic Capital Market Commission with license number 6/927/31-8-2021.

Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.

Novir Markets Ltd applies strict measures in line with anti-spam regulations by avoiding unsolicited advertising. Please read our Privacy Policy document.

Regional Restrictions: Novir Markets Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.

Novir Markets Ltd does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product.

Novir Markets Ltd is not a financial adviser.

Markets / Cryptocurrencies

Cryptocurrencies

Cryptocurrencies Market

Cryptocurrencies are digital or virtual currencies that take the form of tokens or “coins” and exist on a distributed and decentralized ledger. Cryptocurrencies typically use blockchain technology and are generally not issued by any central authority. This makes cryptocurrencies theoretically immune to government interference or manipulation.

Popular Cryptos

While there are thousands of cryptocurrencies available around the world, there is currently an elite group of 20 major coins that constitute over 90% of the total crypto-market capitalisation. The undisputable “king” of all cryptocurrencies is of course Bitcoin. As the world’s first major cryptocurrency, Bitcoin has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoff cryptos.

How to trade cryptocurrencies?

Trading Cryptocurrency CFDs enables you to speculate on rising or falling prices in relation to another major fiat currency. Bitcoin for example is more often quoted in US dollars. When trading BTC/USD, you are effectively speculating on whether bitcoin will appreciate or depreciate in value against the US dollar. Once you have determined the direction of your position, you then need to define the size of your position. Remember that you are trading with leverage which means that to trade 0.01 lot of BTC/USD, or $1,000 using 1:2 leverage, would only require you to use $500 from your available margin ($1,000/2=$500). However, as the Cryptocurrency Market is highly volatile, you stand to gain or lose twice the amount by which the BTC/USD price moves.

Trading vs Owning Cryptocurrency

It is important to clarify that trading cryptocurrency does not entail taking ownership of the actual crypto pair. You are rather only speculating on the future price direction of the cryptocurrency you are trading. Owning a cryptocurrency requires opening a wallet and storing that cryptocurrency on a secure device. It is also worth noting, that when it comes to buying cryptocurrency at face value, you are not able to use leverage. Selling digital currency also requires that you open an account with a crypto exchange. CFD trading gives you instant access to Buy and Sell cryptocurrencies without having to buy or sell the actual asset you are trading.

Benefits

As previously mentioned, one of the flexibilities of trading cryptocurrencies with CFDs is that it enables you to speculate on both rising and falling prices. With CFDs you are able to Buy or Sell crypto-CFDs and potentially earn from the difference between the entry price and exit price without the need to buy and store cryptos. CFDs also relieve you from the necessity to address security matters, such as setting up and encrypting a wallet or downloading a back-up.

Risks

Cryptocurrencies are relatively new financial instruments that have become notorious for their wild price fluctuations. This makes cryptos incredibly volatile, which means that spreads can vary and your leveraged positions may result in both higher gains and higher losses.

Company Information: This website (www.inefex.com) is operated by Novir Markets Ltd, a Mauritian investment firm, authorised and regulated by the Financial Services Commission of Mauritius with license number GB21026833. Novir Markets Ltd is located at Suite 803, 8th floor, Hennessy Tower, Pope Hennessy Street, Port Louis.

Novir Markets Ltd owns and operates the “Inefex” brand.

Novir Markets Ltd and Value Bridge Single Member Investment Services S.A belong to the same Group of Companies. Value Bridge Single Member Investment Services S.A is regulated by the Hellenic Capital Market Commission with license number 6/927/31-8-2021.

Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.

Novir Markets Ltd applies strict measures in line with anti-spam regulations by avoiding unsolicited advertising. Please read our Privacy Policy document.

Regional Restrictions: Novir Markets Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.

Novir Markets Ltd does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product.

Novir Markets Ltd is not a financial adviser.

Risk Warning

Trading in Forex/CFD carry a high level of risk to your capital due to the volatility of the underlying market. These products may not be suitable for all investors. Therefore, you should ensure that you understand the risks and seek advice from an independent and suitably licensed financial advisor.

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