Crypto trading account

FXOpen’s novel offering lets you trade Bitcoin, Litecoin, Ethereum, Namecoin and Peercoin against USD, EUR or RUB in a true ECN environment!

Bitcoin, Litecoin, Namecoin and Peercoin proved to have great potential for investment and speculation, due to their high volatility and dramatic price moves.

Unlike other brokers, who attempt cryptocurrency trading in the form of CFDs of binary options, FXOpen lets you trade Bitcoin, Namecoin, Litecoin and Peercoin directly against the US Dollar, Euro or Russian Ruble. We use xBTCe, one of the top online cryptocurrency exchanges, as our liquidity provider. Our order execution is based on the ECN Aggregator – FXOpen's proprietary technology with proven excellent performance over several years.

You can now trade cryptocurrencies and enjoy all the benefits of ECN execution and most importantly you are trading against other market participants, not against the broker. There is no conflict of interest between you and the broker. The trading network is formed by buy and sell orders from all participants and the ECN Aggregator processes all buy and sell orders that are currently available on the market giving you the best prices and seamless execution.

You get the tight market spread and low trading commissions, while the broker benefits as your traded volume and profits grow. All popular Forex trading styles including scalping, hedging and all types of expert advisors are allowed. Available leverage is  1:3.

 

Contract specifications for Crypto accounts

  Crypto trading account
Account currency USD, EUR, GBP, RUB, JPY,
*Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash
Minimum deposit from $10 (or equivalent in other currency)
Maximum balance without limitations
Spread floating
Commission 0.25% half-turn

Quotes format 0.12345
Execution market
Minimum transaction size 0.01 lots
Maximum transaction size without limitations
Minimal increment 0.01 lots
Leverage  1:3
Margin call 30%
Stop Out 15%
Demo accounts Yes
Islamic accounts No
Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC
Bonuses None
Expert Advisors Yes
Scalping Yes
Hedging Yes
News trading Yes
Phone dealing Yes
Market depth with level 2 quotes Yes
Trading time 24/7
Inactive account fees maintenance - $10 per month;
reactivation - $50;
 

 

  • *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
  • All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
  • **The round-turn commission is equal to 0.5% of the base currency. Right after you open a trade, you will see the round turn commission charged.
    Trading commissions are a subject to review in case of high trading volumes.
    The minimum commission per transaction is 0.01 units of the MT4 account currency.
  • Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
  • ***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.