Abu Dhabi headquartered international brokerage ADS Securities has officially announced that it is adding bitcoin cash (BCH), litecoin (LTC) and Ripple (XRP) based contracts for differences (CFDs). The company soft launched the new CFDs to clients a couple of weeks ago to test the waters and says it got a good response from them, so it will now be marketing the instruments more widely.
Traders using ADS Securities’ proprietary OREX platform are now able to trade five cryptocurrency CFDs including bitcoin (BTC) and ethereum (ETH) which were launched in 2017. To help push the new offerings, the company also reduced the spreads on these two instruments.