FXOpen extends its multi-currency accounts offering by launching trading accounts denominated in Bitcoin (MBT), Litecoin (LTC) and Gold (GLD). Bitcoin and Litecoin are available as account currency when opening Crypto accounts, and Gold is available for ECN and STP accounts.
These accounts have exactly the same benefits and trading conditions as ECN, STP or Crypto accounts denominated in USD or any other currency. The only difference is that Bitcoin, Litecoin and Gold will be used as the “base asset” to display balance, profit and other parameters of your trading account in MetaTrader 4 (MT4).
For your convenience, we have used smaller, “fractional” values, comparable to 1 USD or 1 EURO, as units of the base asset for these accounts:
- 1 GLD – 0.001 troy ounce (equal to approx. 0.03 grams of gold) for Gold-based accounts;
- 1 MBT – (1 milli-bitcoin) or 0.001 BTC – for Bitcoin accounts;
- 1 LTC – for Litecoin accounts.