LONDON, SYDNEY, Australia and JOHANNESBURG, South Africa, Oct. 01, 2018 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, bitcoin and related services, today 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. |
For more information and to open a live account, traders can contact an FXCM specialist 24 hours a day 5 days a week.
About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
Trading Forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with Forex Capital Markets Limited ("FXCM LTD"), retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action. Read full disclaimer.
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com