In the CFD industry, brokers come and go with frequency over the years and it’s quite often difficult to know if a broker has the necessary tools and good intentions to make a different and sustainable trading environment. In recent months, a new broker has caught the eye of investors on the fact that it is not only offering zero-trading commission on a range of financial assets but is also the first-ever broker that supports an eco-friendly online trading account.
In this article, we take a quick look at the key features that make CedarFX an exciting broker to trade with.
CedarFX Plants 10 Trees for Every Lot Traded
First and foremost, CedarFX is dedicated to climate change activities by offering the Eco Account. It is, in fact, the world’s first eco-friendly broker that distributes a portion of its earnings to climate change solutions. An investor that chooses to trade with the CedarFX Eco Account will be charged $1 in commission per lot traded. Then, the broker will transfer the collected funds to Ecologi, which is a UK-Based 100% environmentally friendly organisation that is focused on planting trees and reducing carbon pollution across the globe. Essentially, Ecologi raises money from various businesses worldwide like CedarFX in order to find solutions to the current climate change crisis.
Cost-Effective Trading Platform
In addition to being the first-ever eco-friendly online brokerage firm in the CFD market, CedarFX is offering a cost-effective platform that allows traders to benefit from the 0% commission trading account as well as from trading with super-tight spreads. For traders who wish to trade without any fixed commissions, then the zero commission account is the ideal solution. On this type of account, traders get access to an extensive range of assets that include FX currency pairs, stock indices, commodities, shares, and cryptocurrency pairs.
CedarFX is an ECN/STP broker so users get access to top liquidity providers and there is no dealing desk involved in the trading process. This means that investors can trade with ultra-fast market order execution and extremely tight spreads.
Ultra-Fast Withdrawals and High Leverage Trading
CedarFX takes pride in offering a different type of trading environment. As such, investors on this platform are able to use bitcoin as a primary payment method, and thus, enjoy an ultra-fast withdrawal process. The broker offers same-day bitcoin withdrawals for its clients with a minimum of just $10 to get started.
Additionally, CedarFX offers high leverage trading on a wide range of assets. The leverage varies depending on the market and can be as high as 500:1 on FX currency pairs and precious metals. For indices and commodities, the maximum leverage is 200:1, while cryptocurrencies can be traded with a leverage ratio of 100:1 and stocks with a leverage ratio of 20:1.
Finally, CedarFX offers users a demo account to study the system and get familiar with the MetaTrade4 platform before risking real capital.
Your capital is at risk.