Trading Bitcoin on FXOpen

Bitcoin is a cryptocurrency, an electronic currency created by Satoshi Nakamoto in 2009. FXOpen provides you with the opportunity to trade Bitcoin spot versus US Dollar, Euro and Russian Ruble in crypto accounts.

The online cryptocurrency exchange, xBTCe, is appointed as the liquidity provider for FXOpen crypto accounts. Regarding order execution, the broker uses ECN Aggregator, an exclusive FXOpen technology with a proven performance over the years. The ECN Aggregator will process all buy and sell orders in the market, as well as provide the best prices and fast execution.

FXOpen Crypto Account Trading Specifications

• Account currency : Bitcoin (mBTC), Litecoin, (LTC), Ethereum (ETH), Dash.
• Minimum deposit : 10 USD.
• Maximum balance : Unlimited.
• Trading instruments : 24 pairs of BTC, LTC, ETH, DSH, EMC, NMC and PPC.
• Spread : Floating, starting from 0 pips.
• Commission : 0.25% per half-turn.
• Price format : 5 digits (0.12345).
• Execution : Market.
• Minimum transaction size : 0.01 lot.
• Maximum transaction size : No limits.
• Leverage : 1:3.
• Margin Call : 30%.
• Stop Out : 15%.

For those of you who still want to try it out, FXOpen provides a demo version of the crypto account. In addition, there is also an Islamic feature (swap free) to support the convenience of swap-free trading. The use of Expert Advisors (EA), scalping, and hedging is permitted in this type of crypto account. All values for Bitcoin accounts in MT4, including balance, profit and so on are displayed in mBTC (millibitcoin). As a note, 1 mBTC is equal to 0.001 BTC.

You can enjoy the opportunity to trade with cryptocurrencies while also benefiting from all the advantages of FXOpen ECN execution. Through this account, you also get tight spreads and low trading commissions. However, it should be noted that FXOpen charges a maintenance fee for inactive accounts. So if you have opened a crypto account at FXOpen, make the most of all the trading conditions provided to get maximum profit.