FXCM Group, LLC (“FXCM Group” or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, bitcoin and related services, today announced that it has expanded its cryptocurrency offering by adding its second crypto CFD, Ethereum (ETH/USD).
Brendan Callan, CEO of FXCM Group noted, “Following the successful launch of FXCM’s Bitcoin CFD and with client demand we added Ethereum to our CFD list with plans to continue to roll-out additional crypto CFDs. Cryptocurrencies have surged in popularity, with many seeing new trading opportunities. In particular, there has been huge demand from retail foreign exchange traders for crypto CFDs, particularly due to the ability to go both long and short. And while we may not have been the first to launch, we are looking to offer a competitive suite of cryptocurrencies.”
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.