Market Analysis Report (17 Aug 2021)

Source Node: 1031298

Global GT, the 1st regulated Hybrid Broker offers 8 assets classes, catering to the needs of both FX and Crypto traders, two of which include the exclusive GTi12 Index and Synthetic Cryptos.

What are Synthetic Cryptos?

Synthetic pairs are becoming all the more fascinating to FX, CFD and Crypto traders as they offer the opportunity to experience how two relatively different instruments interact together and the kind of impact that they have on the market.

Synthetic pairs link trading of cryptos with FX or CFDs such as Stocks / Precious Metals / Indices. 
At Global GT, Synthetic Cryptos combine the BTC together with Gold, Silver, Crude Oil, Nasdaq, Dow Jones, popular Stocks such as Facebook, Apple, Twitter.

Explore Global GT’s Synthetic Cryptos

About the GTi12 Index

The GTi12 Index is a unique instrument available exclusively on Global GT’s MT5 platform. It is 

composed of 12 Cryptos, whereby all 12 cryptocurrencies have an equal share and impact on the price of the Index, making it possible to catch an uptrend or downtrend depending on the strategy of each trader, on one or multiple cryptos simultaneously.

The index is reviewed / re-evaluated quarterly, with the selection of the 12 cryptos based on market cap, ranking, liquidity and other factors, as evaluated by the technical experts of Global GT.
Constituents of the current GTi12 Index: BTC (Bitcoin), ETH (Ethereum), XRP (Ripple), LTC (Litecoin), BCH (Bitcoin Cash Node), BSV (Bitcoin Cash), XLM (Stellar), EOS (Eos), DOT (Polkadot), BNB (Binance Coin), TRX (Tron) and ADA (Cardano).

Discover Global GT’s GTi12 Index

Synthetic Cryptos and the GTi12 Index can be traded in Global GT’s Standard / ECN accounts with competitive spreads and a leverage up to 1:1000 (for Synthetic Cryptos) and 1:100 (for the GTi12 Index). 

Global GT does not accept residents of certain jurisdictions such as United States of America, Canada, EU countries, Iran, North Korea, and Belize.

Risk Disclaimer: CFDs are complex instruments and carry a high level of risk of losing money rapidly due to leverage.

Source: https://www.cryptocompare.com/email-updates/daily/2021/aug/17/

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