FXOpen, a registered company in Nevis, and licensed to offer financial services by the regulatory authorities in UK and Australia, offers very unique type of service as a Forex & CFD brokerage firm.
One thing is that, FXOpen offers 6 Crypto-Currencies available for trading. The available crypto-currencies are:
Bitcoin, Litecoin, Ethereum, Namecoin, Emercoin and Peercoin
And it isn’t just available for trading against some currencies, but you can even have a trading account based in some of these crypto-currencies.
With FXOpen, you can have an account with Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH) or Dash as base currency.
FXOpen maybe the only one Forex broker which offers such opportunity to traders in the world.
Of course, many investors are still considering these crypto-currencies as “mystery coins”, but there is one thing which FXOpen wants to confirm for traders.
It is the “ECN Trading” of Crypto-Currencies.
FXOpen strives to offer complete STP/ECN (Straight Through Processing/Electronics Communication Network) trading environment through all financial instruments, and it is the same condition for “Crypto-Currencies” too.
FXOpen uses xBTCe, one of the top online cryptocurrency exchanges, as our liquidity provider.
All your orders for trading Crypto-Currencies will be sent to directly the market created by xBTCe, and no orders will be counter-ordered or interfered by FXOpen itself.
This condition will protect the benefit of clients.
Tightest Forex Spread in the Ranking
Not just the trading of Crypto-Currency is offered with great conditions, but FXOpen also offers highly competitive trading conditions for Forex and CFDs through MetaTrader4.
The trading environment is of course STP, and the spread istight as 0.1 pip as you can see in the GIF here.
The GIF shows the actual spread of FXOpen’s ECN account type. The extra trading cost of the above account type can be lowered down to $3 per 1 round turn lot.
If you meet certain requirements to earn that trading condition, you can trade with only about 0.4 pips of actual spread cost. It is actually the lowest cost available among over 30 Forex brokers we have on Hercules Finance.
When it comes to trading conditions, no brokers may beat their competitive condition. For information of FXOpen, please visit the page below.