Saxo Bank, the online trading and investment specialist, today announces the addition of nine new Crypto FX pairs to its TradingView offering, marking the latest round of integration of the capabilities from its new Crypto FX service with the established TradingView platform.
Saxo clients using TradingView, a social trading platform that offers advanced charting tools for stocks, crypto and FX instruments, can now benefit from the added ability to trade nine crypto FX pairs including Bitcoin, Ethereum and Litecoin against EUR, USD and JPY from a single margin account without the need to maintain a crypto wallet.
Launched in May 2021, Crypto FX has seen demand exceeded expectations with Saxo Bank’s crypto volumes surpassing $2.5bn year to date.
The broadening of Saxo’s crypto offering follows the addition of 520 stock tickers in October consisting of some of the most traded companies from major stock exchanges in Europe and Asia, as well as a range of stocks and single-stock CFDs on U.S. exchanges which have been available since July.
Made possible through greater collaboration between developer teams, Saxo clients are now able to trade both FX and a range of over 3,500 individual stocks and single-stock CFDs through TradingView, which includes getting full access to TradingView’s powerful charting tools at a competitive price. Clients can trade Crypto FX pairs during FX trading hours from Sunday evening to Friday evening with the ability to open both long and short positions.
The move is part of Saxo’s continued efforts to broaden access to global capital markets and better support clients by offering them a wide range of choice when it comes to trading and investment.