Retail forex broker FXCM Group, LLC has expanded its cryptocurrency offering by adding its third crypto CFD, Litecoin (LTC/USD).
The company released Bitcoin CFD trading in October 2018 and added Ethereum to its crypto CFD offering last month.
Brendan Callan, CEO of FXCM Group, commented:
We’ve chosen to go to market with the most popular and highly traded crypto products. Offering these as CFDs gives clients the advantage of being able to go both long and short when trading. Additionally, FXCM offers micronised CFDs so it’s a low cost of entry with no hassle of a crypto wallet or cold storage.
This article was first seen on Leaprate.