FXOpen Cryptocurrencies

FXOpen MT4 Cryptocurrency CFD Trading

FXOpen Cryptocurency CFD Trading
Online BrokerCrypto CFDsMinimum DepositPlatformRegulated
Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, DASH, Namecoin, Peercoin, Emercoin, NEO, OMNI, Monero, IOTA, Ripple, EOS
Crypto CFDs
$300
Minimum Deposit
MT4
Trading Platform
FCA, ASIC, FSRC
Regulation

FXOpen Offers 24/7 Cryptocurrency CFD Trading On MT4 - No Wallet Needed

What cryptocurrencies does FXOpen offer ?

FXOpen has a relatively wide range of CFDs available, compared with other CFD brokers. These are Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, DASH, Namecoin, Peercoin, Emercoin, NEO, OMNI, Monero, IOTA, Ripple and EOS. There are actually 35+ pairs available, with various crosses with currencies and other cryptocurrencies.

What platform is available ?

FXOpen offers MT4, available on desktop, as an app on tablet and mobile and as a web trader.

Is FXOpen an ECN broker ?

FXOpen is an ECN broker. It aggregates prices from liquidity providers and uses Equinix NY4 servers for high speed order transmission. Cryptocurrencies can be traded in FXOpen's ECN trading environment. This means that scalping, hedging, news trading and automated trading is allowed.

What is the maximum leverage ?

Cryptocurrencies are subject to extreme price volatility and maximum leverage is set at 1:2 for FXOpen (FCA regulated).

Is weekend trading of cryptocurrencies offered ?

Cryptocurrencies are available to trade 24/7.

What is FXOpen's minimum deposit ?

FXOpen's minimum deposit is £200 or €/$300. .

Does the trader own the cryptocurrency ?

The trader does not own the underlying cryptocurrency, as they are trading CFDs. This means that no wallet is needed (or other ways to store the cryptocurrency).

Is there a commission charge ?

FXPro charges a commission of 0.5% per side.

What trade sizes are available ?

Depending on the Cryptocurrency pairs, the minimum lot size varies from 0.01 lots to 10 lots, with 1 lot = 1 of the crypocurrency. The minimum lot size for BTC/USD is 0.01 lots. This means that the minimum deposit required to trade a cryptocurrency varies, depending on the price of the cryptocurrency.

What accounts are available ?

Cryptocurrencies can be traded on the ECN account and the Crypto account.

Is FXOpen regulated ?

FXOpen is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. FXOpen is also regulated by the ASIC and Australia and the FSRC in Nevis.

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