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abigailswager · 7 years ago
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FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
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FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
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Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
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FXOpen litecoin Broker Details
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Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
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Resources and more Reading for Reviews, Knowledge and entertainment
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Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
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Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
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best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
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abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
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Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
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CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
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FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
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Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
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FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
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Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
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FXOpen litecoin Broker Details
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Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
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Resources and more Reading for Reviews, Knowledge and entertainment
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Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
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Ethereum Broker review | for Trading Ethereum Online
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Forex Islamic Accounts for Halal Trading
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CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
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abigailswager · 7 years ago
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FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
Trade Litecoin with FXopen
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FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.
Trade Litecoin with FXopen
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FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
Trade Litecoin with FXopen
FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
 Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
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FXOpen litecoin Broker Details
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
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Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
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Your capital is at risk,
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0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
[vc_row][vc_column][vc_column_text]
FXopen Litecoin Broker Review
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
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FXOpen litecoin Broker Details
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Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen litecoin Broker Details
[/vc_column_text][vc_column_text]
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Read Our TOP LITECOIN BROKER REVIEWS
[/vc_column_text][vc_column_text]
                       [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
Trade Ripple Online
Forex Islamic Accounts for Halal Trading
Best Forex Trading signals
Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
Trade Coffee Online | CFD Trading
Best Forex demo accounts for trading
best FX Broker Regulated Trading IN US
CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
Top Bitcoin Broker for online Trading
Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
0 notes
abigailswager · 7 years ago
Text
FXopen Litecoin Broker | Litecoin Trading Online
New Post has been published on https://litecoinbrokerreviews.com/fxopen-litecoin-broker/
FXopen Litecoin Broker | Litecoin Trading Online
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FXopen Litecoin Broker Review
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
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FXOpen litecoin Broker Review | we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to trade Litecoin they should be among the brokers you will consider
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange”][vc_column_text]FXOpen Litecoin Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen Litecoin Broker is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Litecoin Broker Features
FXOpen Litecoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen Litecoin Broker also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounst:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade dor just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Litecoin Broker Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
FXOpen Litecoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
[/vc_column_text][vc_column_text]
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
[/vc_column_text][vc_btn title=”Trade Litecoin with FXopen” color=”warning” align=”center” i_icon_fontawesome=”fa fa-signal” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Ffxopen.com%2F%3Fagent%3DXX74FXPNXXM667971000B|title:FXopen%20Litecoin%20Broker%20Trading%20Account||”][vc_column_text]FXOpen Litecoin Broker | FXopen Crypto accounts allow pairs trading with the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Dash, Namecoin, Emercoin and Peercoin. The basic principal of the Crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.
The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.e. the network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.
FXOpen Company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for FXOpen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.
Swap—a charge that is incurred by Customers who move their positions to the next trading session—is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency. The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
  Crypto Trading platform MetaTrader 4 for ECN Account currency USD, EUR, GBP, RUB, JPY, Bitcoin1, Litecoin2, Ethereum and Dash Execution Market Minimum deposit USD 10 Maximum balance Not limited Spreads Floating depending on the buy and sell orders on Exchange Commissions 0.5%  half-turn3 Pricing format 0,12345 Minimum transaction size 0.01 lot Maximum transaction size Depending on the available liquidity on Exchange Leverage 1:3 Financial instruments Crypto pairs Margin call 30% Stop out 15% Trading time 24/7 Swap 18% annualy Contracts specifications
  1 All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin) which equals 0.001 BTC.
2 All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
3 The minimum commission per transaction is 0.01 units of the MT4 account currency.
[/vc_column_text][vc_column_text] Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.[/vc_column_text][vc_column_text]
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage  (in quote currency) call out Max  Slippage LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 LTCEUR LiteCoin vs Euro from 0 pips LTC 1 1 EUR 0.00001 30% 15% 1,140 1,140 LTCRUB LiteCoin vs Russian Ruble from 0 pips LTC 1 1 RUB 0.001 30% 15% 100,000 100,000 LTCUSD LiteCoin vs US Dollar from 0 pips LTC 1 1 USD 0.00001 30% 15% 135,000 135,000 LTCJPY LiteCoin vs Japanese Yen from 0 pips LTC 1 1 JPY 0.01 30% 15% 2,500 2,500 LTCCNH LiteCoin vs Chinese Offshore Yuan from 0 pips LTC 1 1 CNH 0.01 30% 15% 500 500 ETHLTC Ethereum vs LiteCoin from 0 pips ETH 1 1 LTC 0.00001 30% 15% 12,000 12,000
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FXOpen litecoin Broker Details
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Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
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Read Our TOP LITECOIN BROKER REVIEWS
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Resources and more Reading for Reviews, Knowledge and entertainment
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]
Litecoin.com – Open source P2P digital currency
Litecoin – Wikipedia
Litecoin: Open source P2P digital currency Reddit
Best Mt4 Broker for Top Trading experience
Top Dash Broker | for Trading Dash Online Ethereum Broker
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Ethereum Broker review | for Trading Ethereum Online
Forex Broker Demo Accounts
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Forex Islamic Accounts for Halal Trading
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Ripple news
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
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CryptoCurrencies Trading explained
Bitcoin Brokers List for Bitcoin Education and explanations
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Bitcoin Brokers Review | Where should you Trade Bitcoin
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Your capital is at risk,[/vc_column_text][/vc_column][/vc_row]
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abigailswager · 8 years ago
Text
FXOpen Bitcoin Brokers List Review | Everything what you should Know about this Broker
New Post has been published on https://bitcoinbrokerslist.com/fxopen-bitcoin-brokers-list-review/
FXOpen Bitcoin Brokers List Review | Everything what you should Know about this Broker
FX Open Bitcoin Broker Review
FX Open Bitcoin Broker Review |
we will explain why FXopen is one of the Best brokers in the world for trading Crypto Currencies and why when you plan to tradeBitcoin they should be among the brokers you will consider
Trade Bitcoin with FXopen
FXOpen Bitcoin Offering Broker | FXopen was originally not launched as a brokerage but as a financial trading educational center in Egypt. Then in 2005 they made the decision to become a full-service forex broker for the retail traders’ industry. Coming from the education aspect of trading they were very much aware of what was lacking at that time in the forex market and with most of the brokers. aiming for clarity and transparency FXopen has a clear mission and the financial means to realize it.
The second part of their mission statement was innovation and implementation for new technologies that should provide the traders with even better tools. Keep in mind this was in the early days of forex trading online.
A broker could at that time still distinguish themselves from others with what technologies there were offering.
For example, the introduction of the popular ECN MT4 platform revolutionizing the trader’s industry as retail traders for the first time could access inter-bank rates directly, this helped them to lower their trading costs significantly.
FXOpen is regulated by the FCA and regulations under license number FRN: 579202 in the UK. Besides the British regulation
FXopen is also active in Australia under the brand name FXOpen AU Pty Ltd, which is regulated by the Australian Securities and Investment Commission better known as ASIC.
The fact that have maintained these very restricted licenses shows that FX Open is prepared to take its client activities on their platform very seriously.
The good thing about the british licesene over for example the cysec one from Cyprus is that regardless of whether or not you are a citizen in the UK , funding your account with the brokerage that holds the license will always come with an insurance of £50,000. This prefents customers from incurring losses up to that amount in case the broker goes bankrupt
FXopen Features
FXOpen Bitcoin Broker offers the metatrader 4 or better known as the MT4 trading platform
MT4 is ideal for traders of all levels because it is highly customizable, has the latest in technology implemented, easily integrated with EA ( expert advisors) and last but not least, it offers fast execution in the market.
In addition to the download version,  FXOpen offers also the popular MT4 WebTrader which allows traders to trade like on most other web-based trading platforms without having to downloaded the software on their PC.
This is a browser-based, and is very convenient and easy for those who trade on the while moving around. Thou most people today have laptops there are still enough traders that have a stationary computer at home that simple cannot be dragged around everywhere.
I have to say thou that time has caught uyp somewhat with the web based trading platforms as most people twill use the mobile applications that offer the same trading optiong and FXopen also provides a trader with this solution.
They have MT4 mobile app for Android, iOS and tablets in general.
The MT4 mobile app is a fully-fledged MT4 platform which houses all features you require to trade like you would on your home-station
What account types does FXopen offer?
FXOpen offers various accounts for clients in order to cater to traders of different levels and traders that have different requirements these are the accounts:
FXopen Crypto Trading Account
This account is specially for you actually aas it is made for traders that look to trade Bitcoin, Litecoin,and Peercoin.
Because of the the high volatility and dramatic price moves Crypto-currency has shown its great potential as an investment instrument,
The Minimum deposit for a Crypto account at FXOpen is only$10 so it is easy and cheap to start . Commission is 0.25% half-turn. You can find all the details below
Minimum transaction size is 0.01 lot and there is no upper limit. Scalping, hedging, phone dealing, news trading is all permitted.
FXopen ECN Trading Account
A trader has under this account direct access to the market which is moved by the banks, centralized exchanges, companies, open brokers and other players.
The benefits of ECN accounts are :
best execution,
Lowest spreads.( from 0 pip, a minimum investment of $100, minimum lot size of 0.01 and 1.5USD commission per lot traded)
no dealing desk the broker won’t trade against you (hedge your account).
FXopen STP Trading account
With this FXOpen account, you get to enjoy all the benefits of an ECN account but with a minimum deposit of $10 only.
Like ECN account, this account offers a wide range of tradable financial instruments
The account does not restrict the use of automated trading, EAs, or strategies such as scalping, hedging etc.
The minimum lot size that you can trade is 0.01. Finally, this account does not charge commissions, and there is no maximum balance requirement.
FXopen Micro Trading Account
This is for people that really want to start with the lowest amount possible. As account lets you start trading with as little as $1.
As a trader you should not expect to make any money on this account but in general it is very usefull for beginners and for experienced traders that want to test an EA or forex Signals or any other system where they have to trade with real money but do not want to commit to higher amounts
All strategies are allowed  and there are no commissions with this account, The smallest transaction that can be traded is 0.1 microlots..
FXopen CFD Trading Account
Also more and more people start trading commodities as the market is easier to understand. Indices, trade oil, natural gas and metal are traded on the ECN trading environment the same as the currencies so for many this is a very small step.
FXopen Demo Trading account
If you want to learn how to trade or just want to see how the MT4 of FX open is working the Demo account gives you this opportunity. FXopen Bitcoin Trading can this way be practiced without any risk of losses.
FXOpen offers demo trading for all account types.
Spread and commission
Commissions are depending on the account type you selected. FXOpen offers floating spreads for all account types.
FXopen Bitcoin Broker Customer support
The FXOpen support department is available 24/5. this is not around the clock and since now crypto currencies might be traded also during the weekends on some brokers we might see a change in this, for the moment they will be there by Mail, chat or phone from Monday till Friday.
Trade Bitcoin with FXopen
FXOpen Bitcoin Trading account
they are one of the first to actually have a dedicated accounts specially for the cryptocurrency trading community.
here the rules are a little bit different from regular Forex trading . even thou we are talking about currencies you have to see them as commodities , this way the rules spread and also the leverage will make more sense to traders that normally trading only currency pairs.
Crypto trading account Account currency USD, EUR, GBP, RUB, JPY, *Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash Minimum deposit from $10 (or equivalent in other currency) Maximum balance without limitations Spread floating Commission 0.5% half-turn Quotes format 0.12345 Execution market Minimum transaction size 0.01 lots Maximum transaction size without limitations Minimal increment 0.01 lots Leverage  1:3 Margin call 30% Stop Out 15% Demo accounts Yes Islamic accounts No Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC Bonuses None Expert Advisors Yes Scalping Yes Hedging Yes News trading Yes Phone dealing Yes Market depth with level 2 quotes Yes Trading time 24/7 Inactive account fees maintenance – $10 per month; reactivation – $50;
  *All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC.
All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged. Trading commissions are a subject to review in case of high trading volumes. The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.
Trade Bitcoin with FXopen
Symbol Description Spread* Size of 1 lot Min lot 1 pip for 1 lot Margin Stop Market Order Stop Order Max  Slippage (in quote currency) call out Max  Slippage BTCEUR BitCoin vs Euro from 0 pips BTC 1 0.1 EUR 0.001 30% 15% 83,000 83,000 BTCCNH BitCoin vs Chinese Offshore Yuan from 0 pips BTC 1 0.01 CNH 0.01 30% 15% 36,700 36,700 BTCJPY BitCoin vs Japanese Yen from 0 pips BTC 1 0.01 JPY 0.01 30% 15% 290,000 290,000 BTCRUB BitCoin vs Russian Ruble from 0 pips BTC 1 0.1 RUB 0.01 30% 15% 367,000 367,000 BTCUSD BitCoin vs US Dollar from 0 pips BTC 1 0.01 USD 0.001 30% 15% 38,000 38,000 DSHBTC Description Dashcoin vs BitCoin from 0 pips DSH 1 1 BTC 0.00001 30% 15% 80 80 EMCBTC Emercoin vs BitCoin from 0 pips EMC 1 10 BTC 0.00001 30% 15% 10 ETHBTC Ethereum vs BitCoin from 0 pips ETH 1 1 BTC 0.00001 30% 15% 900 900 LTCBTC LiteCoin vs BitCoin from 0 pips LTC 1 1 BTC 0.00001 30% 15% 200 200 NMCBTC NameCoin vs BitCoin from 0 pips NMC 1 10 BTC 0.00001 30% 15% 70 70 PPCBTC PeerCoin vs BitCoin from 0 pips PPC 1 10 BTC 0.00001 30% 15% 80 80
 Our spreads could be increased with news or other high/low volume conditions.
Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.
Swap size: 18% per annum of the value of an open position.
Swap calculation: The swap is given in percent per annum. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest rate is divided by 360. When charging swaps, first the cost of one symbol lot is calculated (the symbol of the opened position), and then the specified percent is calculated, the obtained amount is multiplied by the position volume (in lots) and the result is divided by 360. If the base currency of the symbol is different from the deposit currency, the swap is converted into the deposit currency.
The conversion is performed using the average price at the moment of swap charging: (Bid+Ask)/2.
Overnight from Wednesday to Thursday a triple SWAP is charged.
Trade Bitcoin with FXopen
FXopen bitcoin Brokers List Details
Broker Details Info Regulated By FCA, FSA Headquarters United Kingdom Foundation Year 2005 Publicly Traded No Number Of Employees 100 Contact Information Tel:+44 (0) 203 519 1224 Web:https://fxopen.co.uk Email:[email protected] Account Type Info Min. Deposit $300 Max. Leverage 1:500 Mini Account No Demo Account Yes Premium Account Yes Islamic Account Yes Managed Account Yes Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer Trader Level Yes/No Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes Social Trading No CUSTOMER SERVICE Time Yes/No 24 Hours Support Yes Support During Weekends No Customer Support Languages English, French, Russian Instrument Type Yes/No Forex Yes Commodities Yes CFDs Yes Indices Yes ETFs No Stocks No Cryptocurrencies Yes Bonds No Trading Service Info Supported Trading Platforms MT4, MT5 Commission On Trades Yes Fixed Spreads No Educational Service No Trading Signals Yes Email Alerts Yes Guaranteed Stop Loss No Guaranteed Limit Orders No Guaranteed Fills/Liquidity No OCO Orders No Trailing SP/TP Yes Automated Trading Yes API Trading Yes Has VPS Services Yes
Trade Bitcoin with FXopen
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Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.
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