Expert in retail forex brokerage FXOpen have once again demonstrated their support for the cryptocurrency community by expanding their contracts-for-difference (CFD) product catalogue, which now features additional altcoins instruments. The accomplished retail forex trader expanded their product offering to include the recently acclaimed Bitcoin and other major similar cryprocurrencies and virtual currencies. This recent expansion places FXOpen at the epitome of brokerage, making the company very competitive in the industry. This comes amidst the mushrooming client demand for such currencies and product offering.
Solidifying its support for Bitcoin since 2014, when many people were skeptical about the cryptocurrency and several others ignorant of the boom awaiting the industry, the company has done it once again by strengthening its product offering to include eight other cryptocurrencies to help nurture its growing prospective portfolio.
Henceforth, clients of the company will be in a position to enjoy a range of trading options, including Bitcoin Cash, Monero, Ethereum Classic, and Ripple. They will also be trading IOTA, OMNI, NEO and EOS, all against various products in the forex trading market, including against traditional currencies like US Dollar and Euro, as well as the popular cryptocurrency, Bitcoin. FXOpen have been very diligent in ensuring they expand their product offering and can today boast of a whopping 39 currency pairs, which are on its Crypto-accounts. However, they are keeping their eyes open for any opportunity that would allow them to add more to their offering in the future.
Most recently, the retail forex trader has launched a new service to enable the addition of PAMM accounts, in an effort to enhance its existing cryptocurrency CFDs. This will see digital currency traders double as money managers, thereby solidifying the relationship between experienced traders and those at their service, while portfolio managers will be able to demonstrate their performance unequivocally. PAMM products have greatly generated trading volume for those in traditional markets such as retail brokers, and FXOpen is justified in expanding its product offering considering the recent hype surrounding cryptocurrency. Hopefully the stage is set for other brokers to emulate.