Forex broker CedarFX has earned a reputation for supporting traders’ growth, through its pioneering 0% Commission Account offering. Firmly rooted in the belief that with the right trading environment, individuals can hone their skills to increase their profits, CedarFX has been consistently striving to provide innovative features through its platform.
Through the original 0% Commission Account, traders are able to trade on a wide range of assets, including major, minor and exotic FX pairs, Cryptocurrencies and CFDs on stocks, indices, metals and more. As an ECN broker, CedarFX gives traders instant access to the global marketplace, and all trades are executed via straight-through processing. This means that spreads are kept ultra-low, even though no commissions are charged. This unique feature has been a main contributing factor to the broker’s growth, as traders are always on the lookout for low-cost brokers offering excellent trading conditions.
All account types provided by CedarFX share the same features for growth. Firstly, traders can open a free demo account to get to grips with the many features available through the MT4 trading platform, including practising techniques such as scalping and hedging. CedarFX doesn’t impose the FIFO rule found on many other zero-commission brokers, making it stand out from other top online forex brokers.
Additionally, the broker provides leverage settings of up to 1:500, which enables traders to maximise their profits without a high initial deposit. This is applicable to all Forex pairs and metals, while Cryptocurrencies can be traded with up to 1:100 leverage. Indices and Commodities can be traded with up to 1:200 leverage, while stocks can be traded with 1:20 leverage.
Through the MT4 platform, traders can also use EAs and apply several indicators to help them plan and execute their trades. The broker also gives traders the chance to trade on the go, through the MT4 mobile app.
CedarFX Sustainable Eco Account
Recently, CedarFX has proven once again that their offering is unique and innovative through its Eco Account option. In an unprecedented move, the broker has introduced a low commission account, giving traders the opportunity to give back to the environment as they trade. The Eco Account charges just $1 in commission, and CedarFX matches every dollar to plant a total of 10 trees per lot traded. CedarFX also uses those funds to support carbon reduction projects to combat global warming, by partnering up with Ecologi https://www.cedarfx.com/plant-a-tree/.
Be part of the change by trading with CedarFX! Sign up for free and get access to global financial markets through the award-winning MT4 platform at www.cedarfx.com!