Online brokerage FxPro has announced cryptocurrency trading in its cTrader accounts, the company announced today (Friday). The new addition allows traders to login to their cTrader accounts and open new accounts under their profile.
According to FxPro, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are some of the cryptocurrencies that have been added. These digital assets are part of a group of 28 cryptocurrency contracts (CFDs) that are now available for trading 24 hours a day, seven days a week. Furthermore, FxPro said that it has reduced cryptocurrency spreads.
In 2021, FxPro introduced weekend trading for cryptocurrencies, offering the service on its FxPro Edge CFD, FxPro MT4, and FxPro MT5 accounts. The service enables clients of the broker to manage their crypto positions, even on weekends when volatility can sometimes reach sky-high levels.
The launch of the weekend service coincided with the digital asset trading boom of 2021. FXPro explained at the time that the launch was in response to the high demand for cryptocurrency trading among its clients. However, since then, the brokerage has introduced CFDs on more than 2,000 globally traded stocks.
Retail and institutional clients
FxPro started in 2016 to provide trading services to individual and institutional clients. Since then, the brokerage has expanded to more than 170 countries globally, according to its website. FxPro offers CFDs on six asset classes: forex, stocks, spot indices, futures, spot metals, and spot energy.
The brokerage enjoys regulatory approval across several jurisdictions including the UK where its subsidiary, FxPro UK Limited, is regulated by the Financial Conduct Authority. Furthermore, FxPro Financial Services Limited has been under the supervision of the Cyprus Securities and Exchange Commission since 2007, and the South African Financial Sector Conduct Authority (FSCA) since 2015.
Moreover, FxPro has been keen to expand its operations globally. Al Waseet, which boasts presence in London, Monaco and the Bahamas, opened a new office in the UAE last year.
Online brokerage FxPro has announced cryptocurrency trading in its cTrader accounts, the company announced today (Friday). The new addition allows traders to login to their cTrader accounts and open new accounts under their profile.
According to FxPro, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are some of the cryptocurrencies that have been added. These digital assets are part of a group of 28 cryptocurrency contracts (CFDs) that are now available for trading 24 hours a day, seven days a week. Furthermore, FxPro said that it has reduced cryptocurrency spreads.
In 2021, FxPro introduced weekend trading for cryptocurrencies, offering the service on its FxPro Edge CFD, FxPro MT4, and FxPro MT5 accounts. The service enables clients of the broker to manage their crypto positions, even on weekends when volatility can sometimes reach sky-high levels.
The launch of the weekend service coincided with the digital asset trading boom of 2021. FXPro explained at the time that the launch was in response to the high demand for cryptocurrency trading among its clients. However, since then, the brokerage has introduced CFDs on more than 2,000 globally traded stocks.
Retail and institutional clients
FxPro started in 2016 to provide trading services to individual and institutional clients. Since then, the brokerage has expanded to more than 170 countries globally, according to its website. FxPro offers CFDs on six asset classes: forex, stocks, spot indices, futures, spot metals, and spot energy.
The brokerage enjoys regulatory approval across several jurisdictions including the UK where its subsidiary, FxPro UK Limited, is regulated by the Financial Conduct Authority. Furthermore, FxPro Financial Services Limited has been under the supervision of the Cyprus Securities and Exchange Commission since 2007, and the South African Financial Sector Conduct Authority (FSCA) since 2015.
Moreover, FxPro has been keen to expand its operations globally. Al Waseet, which boasts presence in London, Monaco and the Bahamas, opened a new office in the UAE last year.
