| Online Broker | Crypto CFDs | Minimum Deposit | Platform |
|---|---|---|---|
| FXOpen | Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO Crypto CFDs | $10 Minimum Deposit | MT4, MT5, TickTrader Trading Platforms |
FXOpen Offers 24/7 Cryptocurrency CFD Trading On MT4 and MT5 - No Wallet Needed
FXOpen offers Cryptocurrency CFD trading on MT4, MT5 and TickTrader.
What cryptocurrencies does FXOpen offer ?
FXOpen has a relatively wide range of CFDs available. These are Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO, with various crosses with currencies and other cryptocurrencies.
What platforms are available ?
FXOpen offers Cryptocurrency MT4 and MT5 trading and trading on the user friendly TickTrader platform.
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 or on market maker accounts. 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 1:10 on the Crypto 10 acccount and 1:3 on the Crypto account (increasing leverage increases risk).
Is weekend trading of cryptocurrencies offered ?
Cryptocurrencies are available to trade 24/7.
What is FXOpen's minimum deposit ?
FXOpen's minimum deposit is $10 for the Crypto accounts and $100 for the ECN account (both of which offer Cryptos. FXOpen.
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 0.25% of transaction volume.
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 value of the cryptocurrency.
What accounts are available ?
Cryptocurrencies can be traded on the ECN accounts and the Crypto accounts.
