Topic: [2013-02-17]FXOpen Launches Crypto Accounts (Read 1645 times)

FXOpen extends its multi-currency accounts offering by launching trading accounts denominated in Bitcoin (MBT), Litecoin (LTC) and Gold (GLD). Bitcoin and Litecoin are available as account currency when opening Crypto accounts, and Gold is available for ECN and STP accounts.

These accounts have exactly the same benefits and trading conditions as ECN, STP or Crypto accounts denominated in USD or any other currency. The only difference is that Bitcoin, Litecoin and Gold will be used as the “base asset” to display balance, profit and other parameters of your trading account in MetaTrader 4 (MT4).

For your convenience, we have used smaller, “fractional” values, comparable to 1 USD or 1 EURO, as units of the base asset for these accounts:

    1 GLD – 0.001 troy ounce (equal to approx. 0.03 grams of gold) for Gold-based accounts;
    1 MBT – (1 milli-bitcoin) or 0.001 BTC – for Bitcoin accounts;
    1 LTC – for Litecoin accounts.

 

FXOpen is the first Forex broker to offer clients MT4 accounts denominated in Bitcoin and Litecoin. Coupled with direct BTC and LTC deposits, these accounts make up the industry’s unique offering, allowing clients to deposit, trade and withdraw profit with no conversion costs and minimal commission (only 0.001 BTC for withdrawals).

Gold, unlike currencies, is not affected by inflation and is more resistant to price fluctuations. This is one of the reasons why gold has shown a strong “bullish” trend over many years. By storing your funds in a Gold-based trading account, you are more likely to secure your funds against economic and political instability, as demand for gold is known to rise in a crisis economy.

Open a Gold-based MT4 account via MyFXOpen > Add New Account > ECN or STP and select GLD in the ‘account currency’ drop-down list.

Open a BTC or LTC-based MT4 trading account via MyFXOpen > Add new account > Crypto and select MBT or LTC as ‘account currency’.

Follow the discussion on FXOpen Forum, Facebook or Twitter.

Best Regards,
FXOpen NZ Limited

Open a new Crypto account with FXOpen and get a welcome bonus in Bitcoin equivalent of $US10!

FXOpen introduces a no-deposit incentive – welcome bonus in Bitcoin (or a $US10 equivalent value) for new BTC-based Crypto accounts!

To be eligible for the company’s bonus, you need to verify your mobile phone number when registering your eWallet with FXOpen (for new clients) or to open a BTC-based Crypto account (for existing clients).

Any profits made in a Crypto account can be withdrawn at any time. The promotion came into force on May 12th, 2014 so, join now and enjoy the benefits of Bitcoin trading with an FXOpen Crypto account:

·         No conversion costs when depositing, trading and withdrawing the profit made;

·         Minimal commission (only 0.001 BTC for withdrawals);

·         Minimum transaction size of 0.01 lot.

FXOpen is also holding another promotional campaign – “No-Deposit Welcome Bonus on STP.” If you register two trading accounts with FXOpen at a time, you will get two welcome bonuses on Crypto and STP accounts $US10 each!

To open a BTC-based MT4 trading account, go to MyFXOpen > Add new account > Crypto and select MBT as ‘account currency’.

For more details on FXOpen bonuses, please visit the Promotion section of the company’s website or contact FXOpen Customer Service.

FXOpen is the first Forex broker to offer clients MT4 accounts denominated in Bitcoin and other cryptocurrencies. Coupled with direct BTC deposits, FXOpen Crypto accounts are unique in the FX industry and allow clients to transact in a most convenient trading environment with minimal costs and a good potential for profits.

Follow the discussion on FXOpen Forum, Facebook or Twitter.

Best regards,
FXOpen NZ Limited

is likely that you are correct both(btc-e & fxopen) terminals connect to same IP
184.173.139.168= live trading
184.173.139.169= demo trading

please report how conversion from crypto to fiat is made

so anybody deposited crypto there?

they don't mention how the conversion is down

might be BTC-E rate, but who knows

you need to have a verified forex account to get crypto access

can you trade cryptos in fxopen's ecn demo?

i don't see the option to open a crypto demo account there

very cool ... will be bringing some trading volume over to try it out

is likely that you are correct both(btc-e & fxopen) terminals connect to same IP
184.173.139.168= live trading
184.173.139.169= demo trading

I think BTC-E was using FxOpen's MT4 server right from the start

fxopen use btc-e orderbook, from a liquidity point of view you have btc-e oderbook + btc-e mt4 orders +fxopen mt4 orders

fxopen use btc-e orderbook, from a liquidity point of view you have btc-e oderbook + btc-e mt4 orders +fxopen mt4 orders

terms are exactly the same as on BTC-E: http://www.fxopen.com/TradingTerms.aspx?active_tab=8

are they even using diferent MT4 servers?

so anybody deposited crypto there?

they don't mention how the conversion is down

might be BTC-E rate, but who knows

Looks like USA isn't an option when signing up.