AvaTrade has partnered with leading trading systems integrator, Gold-i, to offer Bitcoin CFD trading to its clients.
This latest development at AvaTrade maps onto the online broker's strategy of offering the widest range of financial instruments for its clients to trade.
AvaTrade is a pioneer in online trading and has been the first to market with a number of Gold-i products. They are the first broker to partner with Gold-i to offer Bitcoin trading. As of this month, AvaTrade clients can trade Bitcoin against the US Dollar on MetaTrader 4 alongside their Forex, commodities, stocks and indices trades.
According to Daire Ferguson, Managing Director at AvaTrade, "AvaTrade prides itself on its reputation as a market leader in bringing innovative products to its client base and providing the optimal online experience for retail traders. We have a close working relationship with Gold-i, who are market leaders in developing MT4/MT5 bridges, adapters and plug-ins. When we decided to add this exciting new digital currency to our product offering, it was a natural choice for us to work with Gold-i. Bitcoin is the digital currency of the future and we are very excited that it can now be traded on the AvaTrade platform."
Tom Higgins, CEO of Gold-i adds, "AvaTrade and Gold-i have a similar ethos in terms of innovation. As one of the world's leading FX and CFD brokers, they are always fast to pick up on new, exciting ideas. We are delighted to have helped them to develop their Bitcoin feed to expand their offering to their clients.
"New currencies rarely come into existence and Bitcoin is very different to other currencies which have launched. It has global appeal and is likely to be very successful. Now that we have added Bitcoin to MT4/MT5, we plan to add it to the Gold-i portfolio to sell it to others. I believe there will be an increasing demand for brokers to follow AvaTrade and offer Bitcoin to their clients."