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ForexTime Limited (FXTM) has announced its plan to join the cryptocurrency craze by introducing CFDs on the three major cryptocurrencies that includes Ethereum, Bitcoin and Litecoin against the USD. During their announcement, they FXTM assured the market that they will start with these three but other digital currencies will also be added in the near future.

Apart from FXTM, a number of other forex brokers have also expanded their cryptocurrencies. For instance, it the recent past Admiral Markets, Alpari, eToro, AvaTrade, Swissquote and Grand Capital expanded their offering to include digital currencies.

FXTM now features over 100 trading instruments in their trade that include spot metals, forex, and CFDs on commodities, stocks and exchange traded funds. The server a number of clients that includes serves retail as well as institutional clients. FXTM also support MeraTrader 4 and MetaTrader 5.

The global award-winning broker trades with clients in over 180 countries and has been licensed in a different countries where they operates. They allow a minimum deposit of $5 maximum and a maximum of up to 1:500. Over the last few weeks the price of Bitcoin surged to almost $3,000 and other digital currencies have also shown impressive returns in the past few days.

FXTM is a popular forex broker regulated by the Cyprus Securities and the Exchange Commission CySEC and they are accredited to provide forex brokerage services is EU countries. The forex broker has also received accreditation from Financial service Board of South Africa. These mean that they are allowed to provide their services in South Africa. They have also set up London-based unit and are likely to be planning to acquire a UK license. The Forex market seem to be improving every day and the company is planning to even expand further.

This article was written by Forex Trading News for on .

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