Trading Guide
Forex Trading
Market Trading Hours
Forex markets are open 24 hours a day, five days a week. The trading hours are from 5 pm EST on Sunday until 4 pm Eastern Standard Time (EST) on Friday. EST refers to the time zone that is occupied by cities including New York, Boston, Atlanta, Orlando in the US, and Ottawa in Canada.
Lot Size
| ITEM | AMOUNT | DESCRIPTION |
|---|---|---|
| Contract Size | 100,000 | 1 standard Lot Contract Size on Merlion Global is equivalent to 100,000 units of base currency. E.g., 1 standard lot of EUR/USD is €100,000. |
| Minimum Lot | 0.01 | The minimum lot size on Merlion Global is 0.01 which is equivalent to 1,000 units of base currency. |
| Incremental Steps | 0.01 | The minimum incremental lot size on Merlion Global s is 0.01 which is equivalent to 1,000 units of base currency. |
| Maximum Lot | 100 | The maximum lot size on Merlion Global is 100 which is equivalent to 10,000,000 units of base currency. |
Margin Used
Margin = (Lot Size * Contract Size * Opening Price) / Leverage
e.g. If your leverage is 1:200 and you trade 1 lot Short on EUR/USD.
You only require 540 USD Margin for this trade.
| Buy/Sell | Symbol | Lot | Contract Size | Market Price | Leverage | Margin |
|---|---|---|---|---|---|---|
| Short | EURUSD | 1 | 100,000 | $1.08 | 1:200 | $540.00 |
Market Execution
Merlion Global offers Tier one pricing with the lowest latency connection to our Multi- aggregation Prime liquidity pools. We provide competitive spreads and fast execution to provide traders with a superior trading environment.
Market Slippage
Merlion Global aims to provide clients with the best trading environment through straight through processing (STP), hence, there will be times when orders may be subjected to slippage due to an increase in volatility, this may be in positive (Gain) or negative (Loss). Slippage most occurs during news events or periods of low liquidity. During such periods, order requested might have an impact on the overall executed price.
Benefits of Forex Trading
- Up to 1:400 Leverage – Advantage of trading larger positions with smaller initial capital.
- 24/5 Trading hours- Trade forex 24 hours a day, 5 days a week.
- Minimum Deposit – Anyone can trade forex with 10 USD capital.
- $6.6 Trillion Daily Trade Volume – Largest Financial Instrument in the market.
- Long or Short Positions – Profits from both Bull and Bear market movements.
- Transparent – Market is directly influenced by the performance of global economies.
Trade Forex Online With Merlion Global Now
Apply In minutes, approved in hours.
Gain access to the Low spread and fast execution Platform now.
Indices Trading
An index is a way to track the performance of a specific group of assets – such as tech companies and other publicly traded companies – and their stock prices. Trading indices is generally considered safer and more diversify than trading individual stocks since no single company can sharply influence the overall price of the index.
Indices are tools to measure the overall performance, growth, and health of an economy or sector. By reviewing the collective performance of top performing companies, one can develop a whole-market or whole-sector snapshot, which may be imperceivable from following a single stock.
Trading index CFDs is a balanced way to trade the world’s top financial markets as it helps to diversify your portfolio and reduce the need to research into individual’s stock. At Merlion Global, you can invest in the most globally traded stock market indices including DOW30, S&P 500, JPY225, FTSE 100 and NASDAQ 100.
Example,
The Dow Jones Industrial Average (DJIA) tracks the overall performance of the 30 largest companies in the US. If the average price of the 30 companies goes up, the DJIA climbs higher, vice versa, If the average price of the 30 companies drops lower, the DJIA will decline too.
Index trading is the buying and selling of a specific stock market index. Investors will speculate on the price of an index rising or falling which then determines whether they will be buying or selling. As index represents the performance of a group of stocks, you will not be buying any actual underlying stock, but rather buying the average performance of the group of stocks in real time. When the price of the shares for the companies within an index go up, the value of the index increases. If the price instead decline, the value of the index will drop.
| AUS200 DE30 NAS100 HK50 JPN225 UK100 US30 US500 | Here are some of the most popular indices in the world. Many of them include Mature /Big cap stocks. Mature /Big cap can be defined as a well-established company with a big market cap and considered a industry leader |
Understanding Index Fluctuations
During huge market events such as natural disasters, international trade disputes, or the Coronavirus pandemic, panic in the financial markets are expressed through the selling of their shares. As the market becomes flooded with panic sellers in certain industry, some industry will be flooded with buyers as it’s regarded as a safer investment.
On the other hand, new technology, trade agreements, positive earnings reports, or any other reason to feel optimistic in the market may lead investors to invest heavily in the company, raising the demand for a stock.
As the value of a company grows, combined with the supply and demand of their share, it moves the share price as well. When considering the value of an index, companies are continuously gaining and losing value on a daily basis, yet the average may balance out. This is why some top performers may lose value, yet if the value of other performers climbs up, the overall value of the index may remain the same.
Factors that can impact the price of an index include:
- Company’s news – Important company news, such as hostile takeover, a merger or release of financial results.
- Index Review – Prices shift When a company’s stock is added or removed from a stock index.
- Economic news – Economic Data and meetings such as unemployment, NFPs, trade dispute and CPI data.
- Global news – Unprecedented Events such as natural disasters or pandemics would create a way of panic selling and bring the bears into the market.
- Interest rate – Fed’s policy will affect the bull and bear of the market. A low interest rate will drives borrowing and a high interest rate will reduce borrowing.
Discover Our CFD Products
Shares
Gain access to the world’s most popular stocks from the US, UK and Europe, when you trade share CFDs with Leverage and competitive prices.
Indices
Track the performance of benchmark indexes (a specific group of assets), and benefit by trading on their index CFDs as they rise and fall
Cryptocurrencies
Embrace the digital currency revolution with a range of popular cryptocurrency CFDs, including trading Bitcoin and Ethereum.
Oil
Follow the volatility and find opportunities by trading oil CFDs, Often referred to as ‘black gold’, oil is one of the most popular commodities to trade online.
Benefits of CFD Trading
- Small Margin Requirement – Start trading by depositing only a small amount of the actual trade size on each CFD transaction.
- Tax Efficient Assets – CFDs are tax-efficient in some places, because you don’t actually own the underlying asset.
- Hedging tool – Traders use CFDs as an effective way to hedge risk against an existing portfolio.
- Zero Fees – No physically assets are actually owned hence, you don’t have to pay exchange fees.
- Flexibility – Go short if you are bearish, or go long if you are bullish. Simple.
- 24/7 Accessibility – Stay connected with the Market anytime, anywhere using advanced platforms on Merlion Global.
Trade Forex Online With Merlion Global Now
Apply In minutes, approved in hours.
Gain access to the Low spread and fast execution Platform now.
Precious Metals
Gold and Silver, two of the most popular commodities, both have a high investment value due to their relative rarity and multiple sources of demand
Gold is one of the world’s oldest and most trusted forms of currency. For traders, gold’s intrinsic value – or “safe haven” appeal – makes it a popular investment and a great way to diversify a portfolio.
Silver has been highly valued by humans for centuries, similar to gold, it’s used as a form of currency, in jewellery, and has become a critical raw material and a standalone investment. This inherent value and safe-haven appeal makes silver an ideal trading commodity.
Precious Metals are one of the most traded commodities in the world and there are many ways to trade it and invest in it to take advantage of the high liquidity of the market, including trading derivatives such as CFDs.
Physical Products: This is when you pay someone for an amount of physical gold/silver (i.e., a gold bar or silver jewelry) which you hold onto until you’re ready to sell.
Gold/Silver CFDs: Use a CFD to trade the real-time price movement without having to buy any physical gold or silver. Due to nature that CFDs are leveraged products, you only need to invest a small sum to gain full exposure to the underlying trade. Do note that the profit or loss is calculated according to the full size of the trade position, so both profits and losses are magnified.
At Merlion Global, you can deposit as little as $10 and start trading gold immediately. However, a deposit of $500 allows for more risk and lot size trading options.
Trading gold or silver as a CFD allows you to take advantage of leverage, meaning you can use a small amount of capital to open a larger trade position. Although leverage creates the potential for larger profits, it can also increase risk of losses greater than the margin in your account.
Open a free Demo account and trade with virtual funds for 30 days. You can then upgrade to a free live trading account with no minimum deposit (excluding promotions), plus you will retain access to your demo account to continue practice trading.
Contract Size for Gold and Silvers
| SYMBOL | XAUUSD (GOLD) | XAGUSD (SILVER) |
|---|---|---|
| Contract Size | 100 Ounces 1 standard Lot Contract Size of XAU/USD equivalent to 100 Ounces of Gold. | 5000 Ounces 1 standard Lot Contract Size of XAG/USD is equivalent to 5000 Ounces of Silver. |
| VALUE PER CONTRACT (STANDARD) | USD 1 | USD 5 |
| QUOTE DIGITS | 0.01 | 0.001 |
| Minimum Lot | The minimum lot size on is 0.01 lots, which is equivalent to 1 Ounce of Gold. | The minimum lot size on is 0.01 lots, which is equivalent to 50 Ounces of Silver. |
| Incremental Steps | The minimum incremental lot size is 0.01 lots, which is equivalent to 1 Ounce of Gold. | The minimum incremental lot size is 0.01 lots, which is equivalent to 50 Ounces of Silver. |
What factors influence the price of Gold and Silver?
USD Fluctuation
Central Bank Reserves
Geopolitical Events
Wealth Protection
Supply and Demand
Inflation
Trading Strategies for Precious Metals
No trading strategy is guaranteed to succeed, but there are several proven methods used by traders that make profits consistently. Kickstart your trading journey by choosing a strategy that best fits your risk appetite and financial capabilities.
| Trading Style | Timeframe | Holding Period |
|---|---|---|
| Scalping | Ultra-short term | 1 Seconds to 30 Minutes |
| Day trading | Short term | 24 hours |
| Swing Trading | Medium term | Days to week |
| Trend Trading | Long term | Weeks to Months |
Discover Our CFD Products
Shares
Gain access to the world’s most popular stocks from the US, UK and Europe, when you trade share CFDs with Leverage and competitive prices.
Indices
Track the performance of benchmark indexes (a specific group of assets), and benefit by trading on their index CFDs as they rise and fall
Cryptocurrencies
Embrace the digital currency revolution with a range of popular cryptocurrency CFDs, including trading Bitcoin and Ethereum.
Oil
Follow the volatility and find opportunities by trading oil CFDs, Often referred to as ‘black gold’, oil is one of the most popular commodities to trade online.
Benefits of CFD Trading
- Small Margin Requirement – Start trading by depositing only a small amount of the actual trade size on each CFD transaction.
- Tax Efficient Assets – CFDs are tax-efficient in some places, because you don’t actually own the underlying asset.
- Hedging tool – Traders use CFDs as an effective way to hedge risk against an existing portfolio.
- Zero Fees – No physically assets are actually owned hence, you don’t have to pay exchange fees.
- Flexibility – Go short if you are bearish, or go long if you are bullish. Simple.
- 24/7 Accessibility – Stay connected with the Market anytime, anywhere using advanced platforms on Merlion Global.
Trade Precious Metal CFDs Online With Merlion Global Now
Apply In minutes, approved in hours.
Gain access to the Low spread and fast execution Platform now.
Oil
While there are many different oil benchmarks, most of the prices are pegged to one of the primary benchmarks: WTI, West Texas Intermediate (US) and Brent Crude (UK).
Brent Crude oil: This grade is described as light because of its relatively low density, and sweet because of its low sulphury content. An estimated 60% of the world’s traded oil is priced off Brent, making it the most widely used and one of the major benchmarks for oil in the Middle East, Europe and Africa. Crude from this region is considered ‘light’ and ‘sweet’.
WTI: WTI oil is a grade or mix of crude oil, also known as, Texas light sweet. It is the main benchmark for oil consumed in the USA and is extracted from wells in America. As these oil fields are landlocked, transporting WTI oil is relatively expensive compared to Brent.
Origin: Brent crude comes from oil fields in the North Sea adjourning the UK, whereas WTI crude comes from wells in the USA.
Popularity: It is estimated that nearly 60% of all crude in the world is priced in terms of Brent Crude, with only the US and Canadian oil being priced in WTI crude. The reason Brent is more popular as an oil benchmark is that it is a more efficient representative of oil prices.
Transportation: Because it is sourced from oil platforms at sea, Brent crude can be loaded onto ships and distributed around the world with relative ease and at a low cost. Because WTI oil comes from landlocked wells, transportation is more difficult and costly.
Geopolitics: Geopolitical factors – such as changing stance of the Organisation of the Petroleum Exporting Countries (OPEC) – have a significant impact on oil prices, which can widen the spread (price difference) between WTI and Brent.
There are many factors that influence the price of the oil market. It’s important to stay up to date with economic news and market trends so that you have a greater understanding of how prices are affected.
State of the economy: When an economy is performing badly, there is lesser demand for oil hence, the price drops. As an economy improves, oil demand recovers and prices increase.
Strength of USD: Oil is pegged to, and exchanged in, US dollars, hence the value of the USD has a major impact on oil prices. A strengthening dollar will lower oil prices and a weakening dollar sees oil prices going up.
Market Speculation: Oil prices are very sensitive to the futures market, meaning speculation about future events can impact prices. Traders should therefore be aware of news that might affect prices.
Alternative Energy Source: Growth in alternative energy production (i.e., solar and wind) may cause a decline in the demand for oil, thereby causing prices to fall
Global Oil Output: OPEC, plus major producers like USA, Canada and China, are a major influence on the oil price and supply. As such, oil prices decrease when output increases and prices increase when output is restricted.
Geopolitical Events: Events like natural disasters, Covid-19, war and geopolitical instability can impact oil prices. When output or supply is reduced due to an unforeseen ‘shock’ event, panic buying often leads to higher prices.
Liquidity: Oil trading offer high liquidity, giving investors the ability to liquidate their positions whenever required.
Low Margin Requirements: The margin required to start trading oil can be as low as 2% of the total value of the contract.
Portfolio Diversification: Oil offers traders another instrument to diversify their investment portfolio.
Hedge against Inflation: Oil can maintain its value and price even during times of high inflation.
Leverage: Take advantage of flexible leverage to gain full exposure to a trade.
Hedging Tool: Investing in oil as a hedging instrument can be a useful way to balance risk.
Oil Trading Strategies
Fundamental Analysis
By understanding the forces of supply and demand that will yield an equilibrium point (price) at which the oil supply matches the demand. The goal is to understand current market prices and predict the market’s future price based on fundamental data inputs.
This can help identify if the currently trading prices are higher or lower than their real value. Do note that there are some regular announcements and data releases that are essential reading for oil traders, especially the Organization of Petroleum Exporting Countries (OPEC) Joint Ministerial Monitoring Committee.
Technical Analysis
Technical analysis is a skill that employed trading discipline to evaluate investments and identify trading opportunities in price trends and patterns seen on charts. Past trading activity and price changes of a security can be valuable indicators of oil’s future price movements. The idea behind technical analysis is that the oil markets are made up of a large number of participants reacting based on greed or fear. By understanding the long-term trends and risk sentiment of the market, traders can attempt to generate profit from price movements.
To perform technical analysis, you can apply indicators on Merlion Global platform which can help identify trends. By combining this with your own assessments of the price action of oil products, you can discover entry points to the market.
Contract Size for USOil & UKOil
| ITEM | DESCRIPTION | DESCRIPTION |
|---|---|---|
| Symbol | USOil (West Texas oil) | UKOil (Brent crude oil) |
| Contract Size | 1 standard Lot Contract Size of USOil on Merlion Global is equivalent to 100 units of Crude | 1 standard Lot Contract Size of UKOil on Merlion Global is equivalent to 100 units of Crude |
| Minimum Lot | The minimum lot size on Merlion Global is 0.01 lot, which is equivalent to 1 unit of Crude | The minimum lot size on Merlion Global is 0.01 lot, which is equivalent to 1 unit of Crude |
| Incremental Steps | The minimum incremental lot size on Merlion Global is 0.01 lot, which is equivalent to 1 unit of Crude | The minimum incremental lot size on Merlion Global is 0.01 lot, which is equivalent to 1 unit of Crude |
| Maximum Lot | The maximum lot size on Merlion Global is 50 lots, which is equivalent to 5,000 units of Crude | The maximum lot size on Merlion Global is 50 lots, which is equivalent to 5,000 units of Crude |
| Denominating Currency | USD | USD |
Discover Our CFD Products
Shares
Gain access to the world’s most popular stocks from the US, UK and Europe, when you trade share CFDs with Leverage and competitive prices.
Indices
Track the performance of benchmark indexes (a specific group of assets), and benefit by trading on their index CFDs as they rise and fall
Cryptocurrencies
Embrace the digital currency revolution with a range of popular cryptocurrency CFDs, including trading Bitcoin and Ethereum.
Oil
Follow the volatility and find opportunities by trading oil CFDs, Often referred to as ‘black gold’, oil is one of the most popular commodities to trade online.
Benefits of CFD Trading
- Small Margin Requirement – Start trading by depositing only a small amount of the actual trade size on each CFD transaction.
- Tax Efficient Assets – CFDs are tax-efficient in some places, because you don’t actually own the underlying asset.
- Hedging tool – Traders use CFDs as an effective way to hedge risk against an existing portfolio.
- Zero Fees – No physically assets are actually owned hence, you don’t have to pay exchange fees.
- Flexibility – Go short if you are bearish, or go long if you are bullish. Simple.
- 24/7 Accessibility – Stay connected with the Market anytime, anywhere using advanced platforms on Merlion Global.
Trade Crude Oil CFDs Online With Merlion Global NOW
Apply In minutes, approved in hours.
Gain access to the Low spread and fast execution Platform now.
Cryptocurrency
Just like traditional forex trading, when you trade a cryptocurrency, you’re simply speculating on whether the price of an individual asset, like cryptocurrency will go up or down in value. You agree to pay in cash any difference in prices as the value of the cryptocurrency rises or falls, instead of buying the underlying asset itself. One of the biggest advantages of choosing to trade CFDs is the leverage it offers. It allows you to hold a larger position for a smaller margin required.
And when you trade cryptocurrency CFDs with Merlion Global, you don’t have to invest directly in the product. Instead, you’re simply trading on the price movements in the market, profiting or a losing whenever the price goes up or down.
There are two easy ways to invest in cryptocurrencies. The first is to own a digital wallet to buy cryptocurrency at the current market value. Once you own the currency, you profit by selling at a higher price than what you paid. This example is the same as owning equities.
Alternatively, you can trade cryptocurrencies as CFDs. This is the same as trading FX and commodities, where you don’t own the ‘physical’ asset but instead trade on the price movements, giving you profit or losses whether the price is going up or down.
As cryptocurrency CFD trading allows you to use leverage, a small amount of capital can give you access to a higher value trade. For example, $100 in your trading account with leverage of 1:100 allows you to open trades to a value of $10,000. While leverage can generate high returns, it also increases the losses if prices were to move against your trade.
Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead, it relies on peer-to-peer software and cryptography.
A public ledger records all bitcoin transactions and copies are held on servers around the world. Anyone with a spare computer can set up one of these servers, known as a node. Consensus on who owns which coins is reached cryptographically across these nodes rather than relying on a central source of trust like a bank.
Since its inception, Bitcoin was created as a way for people to send money over the internet. The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
It can be traded openly on the markets as a CFD in the same way as other currencies and commodities, along with other cryptocurrencies such as Litecoin and Ethereum.
Trading Cryptocurrency CFDs With Merlion Global and a Crypto Exchange
Crypto CFD Brokers
| PRO | CONS |
|---|---|
| Speculate on price fluctuations of cryptocurrencies without owning the underlying coin. | Leveraged can be a double edged sword |
| 0 risk of managing a crypto wallet. | Certain Crypto have higher fees |
| 0 risk of managing a crypto wallet. | |
| Leverage trading. | |
| Hack and theft of wallet is avoided | |
| No need to be tech – savvy | |
| Flexiblity to profit in both direction |
Crypto Exchange
| PRO | CONS |
|---|---|
| Gain Crypto services, etc Payment, Staking. | Regulation of the Exchanges |
| Lower trading fees | Complex process |
| More Crypto options | Subjected to Hack and Theft |
| Untracable private key resulting in permanment losses in investments |
What drives the price of cryptocurrency markets?
Cryptocurrencies usually aren’t backed by any central authority in the same fashion as fiat currencies or another government-sanctioned medium of exchange. Government backing can improve faith in the value of a currency among consumers, and it provides a big spender and collector of the currency. The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes up.
Regulations and Legal Requirements
Regulations could negatively impact demand for cryptocurrency. If a governing body changes the rules to disfavour cryptocurrency investment or use, it could send the price of cryptocurrencies lower.
Regulation is required to allow for easier ways to trade cryptocurrency. Products such as ETFs or futures contracts provide more access to cryptocurrency for investors, increasing its value. Additionally, regulation could enable investors to take short positions or bet against the price of cryptocurrencies with futures contracts or options. That should produce better price discovery and reduce the volatility of cryptocurrency pricing.
Cryptocurrency Exchanges
Mainstream cryptocurrencies such as Bitcoin and Ether trade on multiple exchanges. Just about any cryptocurrency exchange will list the most popular tokens.
But some smaller tokens may only be available on select exchanges, thus limiting access for some investors. Some wallet providers will aggregate quotes for swapping any set of cryptocurrencies across several exchanges, but they’ll take a fee for doing so, increasing the cost of investing. Furthermore, if a cryptocurrency is thinly traded on a small exchange, the spread the exchange takes may be too big for some investors.
‘If a cryptocurrency becomes listed on more exchanges, it can increase the number of investors willing and able to buy it, thus increasing demand. And, all else being equal, as demand increases, the price goes up.
Media Hype
Hype and media coverage is one of the drivers when assets experience significant price fluctuations. This added interest, if acted upon, has the potential to artificially alter the price of the underlying cryptocurrency. If a positive news appears on media, this will push the price of the cryptocurrency upwards. If a negative news appears on media, this will push the price of the cryptocurrency downwards.
Technical Analysis
The relative infancy of cryptocurrencies can make it difficult to project probable price targets for cryptocurrencies. One effective method is to use other traditional technical trading analysis like charts, signals and price patterns. This will better understand the price action movement of cryptocurrencies.
Is cryptocurrency trading profitable?
Examination of historical price charts show that the high volatility environment of cryptocurrency trading can be very profitable, given it is open 24 hours. When trading cryptocurrencies, you should always consider factors such as the amount of available liquidity in the underlying market and time of execution as this can greatly affect important factors like spreads and entry price.
What are the advantages of trading cryptocurrency?
Ability to Go Long or Short
Ease of Account Opening
When buying cryptocurrencies, you’ll need to buy and sell via an exchange, which requires you to create an exchange account and store the cryptocurrency in your own digital wallet. This process can be restrictive, complex and time consuming. There’s also the inherent online risk involved in having the digital wallet.
However, cryptocurrency CFD trading with Merlion Global, you won’t need access to the exchange directly because we’re exposed to the underlying market on your behalf. You won’t need to set up and manage an exchange account, so you could be ready to trade much more quickly.
Cryptocurrency Market Hours
Cryptocurrency Volatility
The volatility of cryptocurrencies is a part of what makes this market so exciting. High speed intraday price movements can provide a range of opportunities to traders to go long and short, profiting from the market at lighting speed, however it also come with increased risk. It’s advisable to explore the cryptocurrency market and make sure risk management strategy is properly developed.
The Risk of cryptocurrency trading include:
Cryptocurrencies Volatility
Regulatory Impact
Potential Losses
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It is always important to make sure that you have a suitable risk management strategy in place, which should include the appropriate stops and limits.
Discover Our CFD Products
Shares
Gain access to the world’s most popular stocks from the US, UK and Europe, when you trade share CFDs with Leverage and competitive prices.
Indices
Track the performance of benchmark indexes (a specific group of assets), and benefit by trading on their index CFDs as they rise and fall
Cryptocurrencies
Embrace the digital currency revolution with a range of popular cryptocurrency CFDs, including trading Bitcoin and Ethereum.
Oil
Follow the volatility and find opportunities by trading oil CFDs, Often referred to as ‘black gold’, oil is one of the most popular commodities to trade online.
Benefits of CFD Trading
- Small Margin Requirement – Start trading by depositing only a small amount of the actual trade size on each CFD transaction.
- Tax Efficient Assets – CFDs are tax-efficient in some places, because you don’t actually own the underlying asset.
- Hedging tool – Traders use CFDs as an effective way to hedge risk against an existing portfolio.
- Zero Fees – No physically assets are actually owned hence, you don’t have to pay exchange fees.
- Flexibility – Go short if you are bearish, or go long if you are bullish. Simple.
- 24/7 Accessibility – Stay connected with the Market anytime, anywhere using advanced platforms on Merlion Global.
Trade Cryptocurrency CFDs Online With Merlion Global Now
Apply In minutes, approved in hours.
Gain access to the Low spread and fast execution Platform now.