Can I Trade Bitcoin On Fxcm

Can i trade bitcoin on fxcm

Can i trade bitcoin on fxcm

Fxcm Vs. Bitcoin.de Forex Broker Comparison

*Commission is calculated per standard lot of 100000 base units (per side). FXCM offers three account types: Mini, Standard, and Active Trader.

The Mini account is the only account that provides Dealing Desk execution and which involves no commission fee.

Can i trade bitcoin on fxcm

In addition, API connections are not available on Mini accounts. As regards the broker's renowned No Dealing Desk execution offered on Standard and AciveTrader, FXCM spreads are pretty tight due to healthy competition of liquidity providers, including global banks, financial institutions and other market makers that make up.

furthermore, Price improvement (e.g.

Can i trade bitcoin on fxcm

positive slippage) is available. For those unwilling to expose themselves to the greater risk related to trading in large volumes, micro lots are available on all account types.

Can i trade bitcoin on fxcm

In order to open an account with FXCM, one has to invest just $50, which is a low minimum initial deposit. In comparison, the minimum initial deposit required by FXCMs main peer, FOREX.COM , is also $50.

Can i trade bitcoin on fxcm

FXCM offers variable spreads, averaged 1.5 pips on commission-free accounts, which is on the upper end of average. NDD accounts, on the other hand, provide significantly tighter spreads, averaged 0.5 pips for the EUR/USD pair, and involve a commission of $8, so basically trading costs amount to around 1.3 pips per standard lot for this pair, which is a competitive pricing. In addition, Active Trader account holders may benefit from commission discounts, provided that they satisfy certain trading volume requirements.

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In comparison, FOREX.COM offers commission-free trading and average spreads of 1.4 pips on EUR/USD. For further information, you may check out and compare real-time spreads of 15 leading brokers here .

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The maximum leverage level offered byFXCM is up to 1:400, which is consid Continue reading >>