If online forex broker Cedar has flown under your radar so far, you’ll probably hear the name crop up more often in the online trading arena. In recent months, CedarFX has caused quite the revolutionary wave, introducing an entirely new eco account option – the first of its kind!
While the launch of the eco account has contributed to the broker’s growing popularity, there is much more to the broker than meets the eye. In this article, we will look at the features often offered by this broker that have been overlooked.
Prior to the introduction of a new type of account, CedarFX’s thriving 0% Commission Account was the major player that attracted clients to the platform. Being a no frills broker, CedarFX is committed to helping their clients grow by providing the best trading conditions available. In addition, they offer no-cost transactions through their innovative 0% Commission Account, freeing up clients’ funds from excessive fees and allowing them to use their full deposit to trade.
CedarFX Eco Account combines the same features as the 0% Commission Account into a sustainable package. By adding a commission of only $ 1 to your account, you would support CedarFX in their tree planting initiatives and fund CO2 reduction projects. Working in partnership with Ecologi, CedarFX became the first online broker to turn eco: for every $ 1 paid by clients, CedarFX donates another $ 1 to plant a total of 10 trees per lot traded!
Aside from cutting all commissions in the Commission’s standard Account by 0%, CedarFX also offers ultra-low spreads to keep their clients’ trading costs bare. As a trader, low spreads are one of the best traits to look out for, as spreads play a central role in the profitability of your trades. Even a small price difference could lead to a significant profit difference! Paired with low spreads, CedarFX also provides reliable ordering operation such as ECN / STP Broker. To get the broker to do what he says on the tin, you can even test their platform by free demo account. Operating a solid order means that the spreads advertised by your broker are the same spreads you trade on.
To maximize your funds, CedarFX also gives traders the option to increase their leverage to up to 1: 500. The maximum leverage settings vary depending on the tool you trade. CedarFX offers a 1: 500 leverage for Forex and Metals, a 1: 200 leverage for indices and commodities, a 1: 100 leverage for each Cryptocurrency pair and a 1:20 leverage for stocks.
Are you ready to be part of the change? Trade with CedarFX to start trading with the world’s first eco-friendly broker at www.cedarfx.com!
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