Admiral Markets Expands Offering, Adds 7 New CFDs

Admiral Markets, a foreign exchange (forex) and contracts-for-difference (CFD) trading provider with operations in Estonia, the United Kingdom and Cyprus, announced this Thursday that it has added seven new CFDs to its offering.

The seven newly-added CFDs, which represent the regional equity market indices of Asia, Africa, Europe, and North America, are available for clients of the broker via the MetaTrader 5 platform.

The CFD products have been grouped into two categories based on the underlying contract type - cash index CFDs and index futures CFDs.

Under the cash index CFDs, customers of Admiral can trade the Canada60, an index of the 60 largest companies listed on the Toronto Stock Exchange in Canada, HSCEI50, an index of 50 enterprises in China that list their H-shares on the Hong Kong Stock Exchange, and the SouthAfrica40, which entails the largest 40 companies listed on the Johannesburg Stock Exchange.

Admiral Markets: No Commissions for CFDs

When trading these CFDs via Admiral’s MetaTrader 5 platform, investors can go long or short on their trades. According to the statement released today, the broker will also charge no commission for this instrument group.

The second group of CFDs, index futures CFDs, include India50, an equity market index of the National Stock Exchange of India, STXE600, a market index containing 600 constituents of exchange-listed companies from 17 European countries, Singapore25 and Taiwan50, an index with the 50 largest companies listed on the Taiwan Stock Exchange.

Similar to the first group of CFDs, investors will not have to pay a commission when trading these instruments, there will also be no overnight position financing Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term (SWAPs), the statement said.

Via its MetaTrader 5 platform, clients of Admiral Markets can trade more 19 further indices, as well as more than 3,300 other CFDs, which represent ten asset classes such as currencies, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, commodities, stocks, and bonds.