Leading forex trading company FXCM Group is enhancing its CFD offering with the launch of CryptoMajor Baskets - Digital Currency, which will allow its clients to trade multiple crypto assets at once. More specifically, traders will be able to trade Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and Bitcoin Cash individually or collectively by pooling them all into one tradable product.
The CryptoMajor basket is available on all major FXCM platforms as well as MetaTrader 4, NinjaTrader and via the API. “Trading in a basket of cryptocurrencies means that our users are freed from the hassle of constantly monitoring the markets,” said Brendan Callan, CEO of FXCM. Thus CryptoMajor simplifies the trading process and protects our clients from unexpected market movements,” he added, adding that it is a great opportunity for our clients who are looking to move into cryptocurrency trading but don’t want excessive exposure to risk.
After closing business in the US, FXCM Group still has its forex business in the UK and across key EU markets, as well as in Australia, Israel, South Africa and other regions. The broker offers services for trading foreign exchange, contracts for difference (CFD) and speculating on spreads.