Retail forex broker FXCM Group, LLC has just announced that it has expanded its cryptocurrency offering by adding its second crypto CFD, Ethereum (ETH/USD).
The broker released Bitcoin CFD trading back in October 2018 and has added three new CFD products for trading last month. FXCM Group has also launched new products on the DGCX Exchange last month.
Brendan Callan
Brendan Callan, CEO of FXCM Group noted:
Following the successful launch of FXCM’s Bitcoin CFD and with client demand we added Ethereum to our CFD list with plans to continue to roll-out additional crypto CFDs. Cryptocurrencies have surged in popularity, with many seeing new trading opportunities.
In particular, there has been huge demand from retail foreign exchange traders for crypto CFDs, particularly due to the ability to go both long and short. And while we may not have been the first to launch, we are looking to offer a competitive suite of cryptocurrencies.