World-renowned for being a leading hedge fund operating in over 160 countries, Digital Currency Market has now opened a new trading platform at digitalcurrencymarket.io, accessible by all investors. For over two decades, the company had been working exclusively with corporate clients, and this step is in response to the increasing demand on retail clients’ side, looking to benefit from DCM’s excellent services.
As of today, the broker offers seven trading accounts, each fit to different needs and goals. Depending on budget, strategy, and experience, traders can choose from Basic, Bronze, Silver, Gold, Platinum, Diamond and Black accounts.
Aside from that, traders looking to establish a long-term financial plan with Digital Currency Market can open a savings account. These account holders enjoy the benefit of working hand-in-hand with a senior analyst, who is at their disposal should any financial doubts or needs come up. There is also the possibility of teaming up with another trader and opening a joint account.
“Among the new features DCM is introducing to the online trading world is a wider account type standard. Traders wishing to do business via the company’s platform can now choose from seven different types of accounts, suited to different trading levels, budgets and goals. A savings account is also being offered for the first time, intended for traders with a long-term vision on investment”, said the company’s spokesperson Harry Serenovich.
Digital Currency Market’s website is bilingual (in both English and German), and so is the company’s customer service via email and phone. Serenovich also commented about the new website and trading brand, saying that the company is “excited to enter this new environment, and certain that it is bringing to the table something that digital traders won’t find anywhere else. With a track record of excelling at all financial fields we’ve entered,” continued Serenovich, “this new venture is bound to help online traders unleash the full potential in them.”
CFDs on indices
Digital Currency Market offers over 200 financial instruments. These range from cryptocurrencies and commodities, to foreign exchange, stocks, and indices. CFDs (contracts for difference), one of the most trending options for traders today, are also available via DCM.
As the name might imply, CFDs allow traders to speculate on an asset’s change in value without owning the underlying asset, since the trade is relevant solely to the change and not the actual value of the asset.
By trading CFDs on indices, clients have the opportunity to benefit from the rise or fall of an index. The value of an index naturally depends on the behavior of each stock in the group.
Indices and Market Insight
Traders have access to many important indices through CFDs on Digital Currency Market. One of these is NIFTY 50, an Indian stock exchange index.
NIFTY 50 has at least 30 prominent companies as part of its financial components at all times. Some of these are Nestle India Limited, Britannia Industries Limited, and Coal India Limited.
According to Reuters, NIFTY 50 has recently recorded its “best performance on a federal budget day in over two decades, after the Indian finance minister announced a slew of measures to relieve the pandemic hit economy.”
Clients can also opt for CFDs on other indices, such as XU100, BTC.D, VIX, NI225 and more.