HawkInsight

  • Contact Us
  • App
  • English

FXOpen Cryptocurrency Trading Introduction

FXOpen is one of the first Forex brokers to offer cryptocurrency CFDs trading。How they offer the best trading conditions for cryptocurrency traders?

FXOpen is one of the first Forex brokers to offer cryptocurrency CFDs trading。How they offer the best trading conditions for cryptocurrency traders?

For many years, the forex market has been the most popular market for traders to open positions and engage in trading activities, depending on the movement of the value of global currencies such as the euro or the dollar.。But in recent years, an attractive alternative has emerged, and that is the cryptocurrency market。

The growing popularity of Bitcoin and other cryptocurrencies has created new trading opportunities as traders can now use CFDs to establish trading positions in price movements in the crypto market without having to own the underlying assets.。

With the increasing popularity of cryptocurrencies, cryptocurrencies such as Bitcoin, Ethereum, and Litecoin stand out because of their great potential for investment and speculation。FXOpen allows interested traders to take advantage of this huge potential and make a decent profit。

FXOpen 加密货币交易

FXOpen allows trading of cryptocurrencies such as Bitcoin and Ethereum with fiat currencies such as the Euro, Japanese Yen or US Dollar in the form of CFDs。Top liquidity providers (exchanges) allow aggregate liquidity and hedge traders "exposures。This means that traders will be able to gain deep liquidity and the execution of orders is based on the ECN aggregator。In addition, traders receive smaller market spreads and lower trading commissions, while brokers benefit as traders' trading volumes and profits expand。


FXOpen has been operating as an online trading provider for retail customers since 2005.。The company was founded by a group of traders with a mission to provide services in the interests of traders.。FXOpen claims to be one of the first companies to offer ECN trading via MetaTrader 4 (MT4)。With unique proprietary price aggregation technology, customers can benefit from the industry's most competitive spreads (from 0 points) and low trading commissions。

In 2006, FXOpen also became the first broker to offer micro and swap-free accounts.。Since then, they have gone on to become pioneers in a number of high-tech services, including the first crypto account that can offer trading facilities for 24 cryptocurrency pairs such as Bitcoin, Litecoin and Ethereum.。

In addition, the company also provides one-click trading and secondary MT4 plug-ins, allowing traders to trade with just a click of the mouse。Traders don't need to worry about trading security at FXOpen。They are registered with Nevis, FCA UK and ASIC Australia。

Provide STP, Micro, ECN and other trading accounts, as well as free unlimited demo accounts。Minimum deposit per account depends on account type; $1 for micro accounts, $10 for STP and cryptocurrency accounts, and $100 for ECN accounts。FXOpen also offers leverage up to 1: 3 (for cryptocurrency accounts) and up to 1: 500 (for micro, STP and ECN accounts)。

In addition, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems.。Both services allow anyone to copy the trades of an experienced trader。Thus, a trader can replicate the results of a professional trader's strategy。

The FXOpen PAMM service allows transactions to be copied from the main account to one or more follower accounts and automatically distributes profits and losses。A professional trader operates personal funds through a PAMM account, his trading strategy is copied into the funds of his followers。The owner of the follower account can view and analyze the performance of the PAMM account with the help of advanced analytics。FXOpen has 3 PAMM accounts, STP, ECN and Crypto PAMM。

On ECN accounts, traders will receive direct quotes from leading liquidity providers, including Dresdner Bank, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Royal Bank of Scotland, Citibank and UBS Group。

After seeing the various advantages offered by FXOpen, traders can easily register an account by simply filling out the form in the registration menu of the FXOpen website。Traders will be required to verify documents in advance if they want to deposit or withdraw funds。According to the trader's experience and information, since the establishment of FXOpen, customers have not had any major complaints about payments (deposits or withdrawals)。

After registering with FXOpen, traders also have the opportunity to receive other benefits, such as the FXOpen cash return program within the first 90 days after new customer registration。Cash back minimum $5, maximum $1,000。

In addition, ECN, STP and crypto account holders can also use free VPS。Traders who can maintain a net worth of $5,000 at the end of the month or reach a monthly trading volume of $10,000,000 can use FXOpen VPS for 1 month free of charge。The advantages of VPS on FXOpen are excellent accessibility, flexibility and speed。

Trading on FXOpen becomes easier because traders can increase their insight into trading by participating in competitions。FXOpen Broker via ForexCup.com website offers weekly and monthly trading competitions on demo accounts, traders can participate in free competitions to hone their skills。If you want a bigger challenge, there are trading competitions on real accounts。

The company also offers a forex partnership program to traders, forex brokers and website owners who post information on fiat and cryptocurrency trading.。There are 3 types of partner levels, including using referral (affiliate) links, Forex rebates, and personal partner conditions to attract new customers to FXOpen's Forex IB (Forex Agent)。

All in all, FXOpen is a comprehensive forex brokerage firm for traders who want to try a variety of trading tools, the trading environment for ECN accounts, low minimum deposits, the best cryptocurrency trading conditions, and interesting trading features such as PAMM and mock competitions.。

There is no limit to the types of trading strategies, and brokers welcome all popular trading strategies, whether it is scalping, hedging or using expert advisors。In addition, traders can use up to 1: 3 leverage。

Overall, traders have access to more than 40 cryptocurrency markets where they can test their specific trading strategies to make a decent profit.。It also provides an opportunity for traders to diversify their portfolios by trading 24 / 7 at home or on the move through the FXOpen app.。

Warm tips

Traders should be aware that one of the unique characteristics of the cryptocurrency market is its volatility, which can sometimes be quite dramatic.。In addition, the availability of leverage increases the risk of trading in such a highly volatile market, so traders are advised not to risk taking on more money than they can afford, lest they end up losing their entire portfolio。It is also important for traders to understand how the cryptocurrency market and CFDs work so that they can be better prepared for possible challenges。In addition, FXOpen provides an educational library that traders can benefit from to gain more insight and support for any information they may need.。

Advantages of FXOpen for CFD Cryptocurrency Trading

  • Single platform with multiple markets and tools
    Traders are free to build their portfolios because, in addition to the cryptocurrency market, the FXOpen platform has sufficient liquidity to allow trading in other financial instruments such as forex, commodities, indices and equity CFDs on the same platform.。
    Crypto investment security is guaranteed
    Traders can rest assured that their trading deposits are completely safe。Deposits can be transferred in a variety of ways, including Fasapay。
    Customizable Cryptocurrency Trading Platform
    Traders are completely free to customize the platform to their needs, and there are no restrictions on the types of strategies they can adopt。As a result, traders have full control over their trading decisions and how to take advantage of the features available on the platform。
    Invest in Cryptocurrency directly from the chart
    Traders can invest in cryptocurrencies directly on the chart, as cryptocurrency trading platforms offer three types of orders that traders can place, namely market orders, limit orders, and stop orders.。This is achieved through multiple manual trading options that FXOpen offers to all customers。
    Use ready-made scripts for automated cryptocurrency trading
    Traders can download and use ready-made scripts to perform automated cryptocurrency trading, and they can also choose to create homemade scripts to ensure that trades are executed in a way that suits the trader and at a specific time of the trader's choice.。

  • Insights and analytics to help with trading decisions
    FXOpen wants traders to be confident in their trading decisions, so brokers offer more than 50 built-in indicators and graphical tools to provide the analysis, insights and market news they need.。

FXOpen Cryptocurrency Trading Platform

FXOpen has a unique price mix that makes it one of the best cryptocurrency trading platforms for professional traders。The broker has an Electronic Communications Network (ECN) account that provides traders with the most cost-effective form of trading while allowing them to take advantage of favorable market conditions.。

The trading platform also features expert advisors to support cryptocurrency traders and allow scalping and hedging。The main features of the FXOpen cryptocurrency trading platform include:

  • floating point difference
    30% margin call
    The minimum number of trades is 0..01, no upper limit
    Leverage 1: 3
    24 / 7 trading hours

Overall, FXOpen places no restrictions on traders within acceptable trading parameters as they have full control over their portfolio, trading decisions and order execution.。In addition, the trading portfolio is not limited to cryptocurrencies, as other financial instruments can be added without interfering with each other。

The process of opening an account in FXOpen is very simple and straightforward; the minimum deposit requirement is $10 or equivalent in another acceptable base currency; the stop loss is 15%, and a demo account is also available for traders to familiarize themselves with the platform before opening a real trading account。Traders should also note that if the account is not used for a long time, an inactivity fee of $10 per month will be charged。


FXOpenis a Forex broker that has been providing quality services to clients since 2005, aiming to make Forex trading more professional, accessible and secure.。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.