FxPro is expanding its crypto product offering to meet the growing demand of retail clients. Individual traders will be able to trade cryptocurrency CFDs over the weekend as of 31 July 2021.
Weekend Crypto Trading At FxPro
Users will be able to log in to their live trading accounts to take positions on a host of major digital currencies, including Bitcoin, Litecoin and Tether. Traders will have access to the broker’s full suite of platforms and tools to capitalise on the volatility of the crypto markets.
The company stated: “Recently, FxPro expanded the cryptocurrency CFD product list in order to keep up with client demand. As a leading global broker, we understand the importance of trading and managing such assets during weekend hours, where there are ongoing and often sharp price dynamics. Therefore, in an effort to exceed and improve on our current cryptocurrency trading conditions, we are pleased to announce that we are now introducing weekend trading on these CFD instruments.”
The new trading opportunity is available to clients with FxPro Edge CFD, FxPro MT4 and FxPro MT5 accounts, though users with different accounts can “simply log into their FxPro Direct account online or through the app and select to open a new account.”
Crypto Market Rise
Cryptocurrency trading has seen a jump of over 100% in overall market cap in the first half of 2021 alone, mostly due to rising interest among retail investors. As a result, many online brokers have started offering targeted cryptocurrency trading conditions for individual clients.
Digital currency trading is available on a range of platforms and FxPro accounts to suit a variety of trading styles and strategies. Clients can also employ automated trading bots to capitalise on price action in the digital currency markets.
Note, crypto CFDs are not available to clients of FxPro UK Ltd in line with FCA regulations.
FxPro is an international broker that holds several licenses from reputable financial watchdogs, including the FCA, CySEC and the FSCA. This lets the broker offer regulated securities and derivatives trading on a range of markets, including cryptos, stocks, energies, indices and futures.
The firm’s selection of products can be traded on several popular platforms, including MetaTrader 4, MetaTrader 5 and the broker’s own FxPro Edge. Mobile trading is also supported alongside a number of popular deposit and withdrawal solutions, including credit card, bank transfer and PayPal.
FxPro is already an established name in the online brokerage industry and this move to accommodate weekend crypto trading will be welcome news to many active investors. Check out our full review of the broker below or visit their website to get started today.