Broker News

FxPro Introduces Crypto CFDs to cTrader Platform.

On Friday, FxPro, an online forex broker, announced that it had included cryptocurrency trading in its cTrader accounts. The feature enables traders to access cTrader accounts and create new ones under their profiles.

BTC, ETH, and XRP Available

FxPro now supports Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) on cTrader, along with 28 cryptocurrency contracts for differences (CFDs) available for 24/7 trading. The company also mentioned lowering the spreads for these added crypto assets.

FxPro previously introduced weekend cryptocurrency trading on its FxPro Edge CFD, FxPro MT4, and FxPro MT5 accounts, allowing clients to manage their crypto positions even during high-volatility weekends.

The weekend service launch coincided with increasing digital asset adoption. FxPro noted that the move was in response to growing client demand for crypto trading. Since then, the firm has added CFDs for over 2,000 globally traded stocks.

Serving Retail and Institutional Customers

Established in 2006, FxPro provides trading services to retail and institutional clients and has expanded to more than 170 countries worldwide. FxPro’s offerings include CFDs across six asset classes: forex, shares, spot indices, futures, spot metals, and spot energy.

The brokerage has been approved by regulators in multiple jurisdictions, including the UK’s Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) since 2007. FxPro has been under the supervision of South Africa’s Financial Sector Conduct Authority (FSCA) since 2015.

FxPro continues to expand its global presence, with offices in London, Monaco, and the Bahamas. The broker opened a new branch in the United Arab Emirates last year.

Share
Published by
John Marley

Recent Posts

  • Stock Markets

Roblox Shares Drop to $50; Faces Weakening Engagement

Quick Look: Roblox reduced its fair value estimate from $60 to $50 per share due… Read More

3 days ago
  • Commodities

China’s Steel Slump and Coal Price Surge: A 2024 Outlook

Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand.… Read More

3 days ago
  • Technology

Elon Musk’s SEC Saga Intensifies Over $44 Billion Twitter Deal

Quick Look: Musk's Twitter acquisition led to SEC legal scrutiny over compliance with federal securities… Read More

3 days ago
  • Cryptocurrencies

WisdomTree Prime Launches in NY, Now in 41 States

Quick Look: WisdomTree Prime launches crypto trading in New York, now in 41 states. Granted… Read More

3 days ago
  • Cryptocurrencies

Toncoin: Listing And Partnership Spurs $20.9B Market Cap

Quick Look: Toncoin is now trading on HashKey, enhancing visibility and market stability. Collaboration with… Read More

3 days ago
  • Forex

Forex Turbulence: CAD Fluctuation From 1.3747 To 1.3728

Quick Look: CAD/USD saw swings from 1.3721 to 1.3761, closing lower at 1.3728, influenced by… Read More

3 days ago