FxPro
Questions & Answers
What is the main advantage of FxPro if I want to trade cryptocurrencies?
Asked by Diego M. on 3/7/2022
3 Answers
Kevin R.3/20/2023
The main advantage of fxpro cryptos is that there are tons of them compared to other forex brokers. Despite the fact that Fxpro is not a crypto exchange the broker gives access to trading dozens of digital assets. Even now when almost all the companies are reluctant to offer cryptocurrencies to traders.
Miguel M.8/8/2022
In my opinion, the main advantage concerning crypto trading is restricted leverage. 1:20.
Some traders might state that it's too small, while I prefer to comply with conservative risk management strategies and never pick leverage higher than 1:10.
It's better to wait for a wealth, rather than rushing and then to be left with nothing.
Some traders might state that it's too small, while I prefer to comply with conservative risk management strategies and never pick leverage higher than 1:10.
It's better to wait for a wealth, rather than rushing and then to be left with nothing.
Stefan P.4/25/2022
The main advantage is that your order execution will be high-speed. Crypto market is very volatile so speed is the key to success here. Plus, a list of cryptocoins is very large here. Only a small amount of brokers has such.
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