Trading Bitcoin online with an FX broker

With Bitcoin FX trading the traders are simply speculating on the price movement of bitcoin the trader never need to actually own any. When trading Bitcoin as an FX pair the traders never hold bitcoins in the real sense, so they can take a position to open on bitcoins. The bitcoin price settlement is based on a combination of real time prices provided directly by some of the world’s leading bitcoin exchanges such as BTC-e.com. Bitcoin value is extremely volatile, this fact makes the trade very risky or on the other hand very profitable.