Not our client? Register now!

Visit our Website

Email our helpdesk
[email protected]

Call us
New Zealand | +64 9 801 0123
Russia | +7 499 346 0381

Knowledge base
Posted by Olga Palikarpava on 17 February 2014 05:48 PM

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.


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.

ECN technology allows scalping and hedging, as well as using Expert Advisors.

Try a Demo account first and test Crypto trading for its efficiency with no risk to your profit.


(21 vote(s))
This article was helpful
This article was not helpful

Comments (0)