Question: Is Cryptocurrency offered with ECN environment on FXOpen MT4/MT5? Is it possible for CFDs?
FXOpen strives to be a 100% STP/ECN Forex broker and guarantees there is no Market Making activities on its trading platforms.
This above condition is the same for “Crypto-Currency”.
FXOpen offers following 7 different Crypto-Currencies with 24 different pairs.
- BitCoin (BTC)
- LiteCoin (LTC)
- Ethereum (ETH)
- Dash (DSH)
- EmerCoin(EMC)
- NameCoin (NMC)
- PeerCoin (PPC)
But these are not offered in a form of CFD(Contract for Difference), but are offered in ECN trading environment.
FXOpen with “xBTCe”
“xBTCe” is one of the top online cryptocurrency exchanges, and FXOpen provides Crypto-Currency trading solutions based on the ECN Aggregator by using the exchange market.
Meaning that all your orders will be sent to the market of “xBTCe” and FXOpen does not interfere or manipulate the price movement at all.
Of course, FXOpen does not set any restrictions on its “Crypto-Currency” trading platform and any kind of trading methods are allowed on it.
FXOpen is one of a few brokers in the world, which offers ECN trading solution for Crypto-Currency traders. The most fair trading environment is guaranteed with FXOpen.