Retail forex broker FXCM Group, LLC has just announced that clients trading with Forex Capital Markets Limited (FXCM UK) and FXCM Australia Pty Limited (FXCM AU) can now begin trading the first crypto CFD, Bitcoin (BTC/USD).
With a successful launch to FXCM South Africa (PTY) LTD (FXCM ZA) clients and due to client demand, FXCM has expanded its Bitcoin CFD offering. FXCM Group plans to launch additional crypto CFDs over the next few months.
The Benefits of Trading Bitcoin at FXCM:
- Directional Trading: With FXCM you can open long or short BTC/USD CFD positions and trade market moves in either direction.
- No Crypto Wallet or Cold Storage: With FXCM’s BTC/USD CFD means no physical delivery of Bitcoin is required and profits and losses are credited or debited to your account instantly.
- Low Cost of Entry: FXCM offers micronized CFDs allowing you to place trades as small as the equivalent of 1/100th of a Bitcoin.