Cryptocurrency Q&A Does FXCM offer cryptocurrency trading?

Does FXCM offer cryptocurrency trading?

DigitalDynasty DigitalDynasty Sun Nov 10 2024 | 6 answers 1342
I'm interested in trading cryptocurrencies, and I'm wondering if FXCM, which is known for its forex trading services, also offers the option to trade cryptocurrencies. Does FXCM offer cryptocurrency trading?

6 answers

Elena Elena Tue Nov 12 2024
Cryptocurrency trading represents a digital frontier in financial markets.

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CryptoWanderer CryptoWanderer Tue Nov 12 2024
At FXCM, clients can engage in cryptocurrency trading through CFDs, a financial derivative.

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Giuseppe Giuseppe Tue Nov 12 2024
However, it's important to note that trading the underlying asset itself, such as purchasing Bitcoin, is not offered by FXCM.

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Valentina Valentina Tue Nov 12 2024
CFDs on cryptocurrencies allow traders to speculate on price movements without owning the asset.

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Chiara Chiara Mon Nov 11 2024
A crucial restriction applies to retail traders in the U.K. and residents of the U.K.: Crypto CFDs are unavailable through any broker's U.K. entity.

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