   FIL Price | SimpleFX                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Filecoin", "description": "Trade Filecoin with SimpleFX. Real-time cryptocurrency trading with competitive spreads, and professional trading platform.", "identifier": "FILUSD", "category": "Cryptocurrency", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/filusd" }, "url": "https://basitfx.com/instruments/filusd", "sameAs": [ "https://filecoin.io/" ], "offers": { "@type": "Offer", "price": 1.096, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.009 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "FILUSD Trading", "description": "Learn how to trade FILUSD with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/filusd" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Crypto", "item": "https://basitfx.com/instruments/?category=crypto" }, { "@type": "ListItem", "position": 4, "name": "FILUSD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Filecoin (FILUSD) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Filecoin (FILUSD) is a cryptocurrency CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on FILUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on FILUSD at SimpleFX is 0.009 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for FILUSD?", "acceptedAnswer": { "@type": "Answer", "text": "FILUSD can be traded with up to 1:10 leverage on SimpleFX, which corresponds to a margin requirement of 10.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is FILUSD margined in?", "acceptedAnswer": { "@type": "Answer", "text": "FILUSD positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for FILUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for FILUSD on SimpleFX is 100. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   FILUSD

[FIL Price](https://app.basitfx.com/instruments/FILUSD)
=======================================================

Filecoin
--------

1.087 USD

\-0.01 (-0.83%)

1H

4H

1D

1W

1MN

FILUSD Key Statistics
---------------------

Open price

1.088

High today

1.11

Low today

1.075

52 Week high

3.945

52 Week low

0.537

##### Trading hours

\-12:00

\-11:00

\-10:00

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\-05:00

\-04:00

\-03:00

\-02:00

\-01:00

UTC 00:00

+01:00

+02:00

+03:00

+03:30

+04:00

+04:30

+05:00

+05:30

+05:45

+06:00

+07:00

+08:00

+09:00

+09:30

+10:00

+11:00

+12:00

+12:45

+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

\-

Tuesday

\-

Wednesday

\-

Thursday

\-

Friday

\-

Saturday

\-

##### Symbol trading specification

Description

FILUSD

Exchange

OTC

Base Currency

FIL

Quote Currency

USD

Contract size

100

Margin

10.00%\*

\* for 1:1000 account leverage

Tick size

0.001

Target Spread

0.009

Stop levels

0

Swap - Buy

\-0.0654%

Swap - Sell

\-0.0654%

Minimum contract size

0.01

Maximum contract size

10

Type

Crypto

[Trade Filecoin](https://app.basitfx.com/instruments/FILUSD/chart)

### About FILUSD

**FIL, the native cryptocurrency of the Filecoin network, stands out in the digital asset space with its unique proposition of decentralized storage solutions. As the Filecoin ecosystem grows, the FIL price reflects the evolving dynamics between supply, demand, and the intrinsic value of decentralized data storage.**

#### What is Filecoin?

Filecoin is a decentralized storage system aiming to “store humanity’s most important information.” The network offers a marketplace for the storage and retrieval of information, setting itself apart with its emphasis on reliability, efficiency, and security. The question of [how to trade FIL](/how-to-trade/FILUSD) involves understanding its fundamental value proposition: providing a necessary service in an increasingly data-driven world. As Filecoin’s technology matures and gains further adoption, the trading dynamics of FIL are influenced by the network’s milestones, technological upgrades, and the expanding ecosystem of applications relying on decentralized storage.

#### How does FIL work?

Filecoin leverages blockchain technology to create an open and competitive market for data storage and retrieval. By incentivizing individuals and entities to contribute storage space to the network, Filecoin ensures that data is stored securely, distributed widely, and available on demand. The process of [how to invest in FIL](/how-to-invest-in/FILUSD) should begin with a deep dive into the mechanics of the Filecoin network, its role in the broader blockchain ecosystem, and its potential to disrupt traditional cloud storage services. Investment in FIL is not just a bet on a cryptocurrency but on the future of decentralized data storage and access.

#### Current FIL price

The current **Filecoin price** is available on the chart above on the SimpleFX platform, alongside over 200 other financial instruments. This accessibility ensures investors can track price movements and make timely decisions.

#### Filecoin market cap

The market cap of Filecoin is constantly changing, reflecting the dynamic nature of the cryptocurrency market. Investors can stay updated with the latest market cap information through the SimpleFX website, mobile app, and Webtrader.

#### FIL price history

The price history of FIL reflects the typical volatility associated with the cryptocurrency market, influenced by factors such as network adoption, technological advancements, and shifts in market sentiment. Since its launch, FIL has seen periods of rapid appreciation followed by corrections, mirroring the broader trends in the digital asset market. These fluctuations are indicative of the market’s evolving understanding of Filecoin’s value proposition and its potential to redefine how data is stored and accessed.

[Read more Close](#)

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##### Trade Filecoin the Simplest way.

[Trade FILUSD](https://app.basitfx.com/instruments/FILUSD/chart)

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