Exclusive: ATFX Launches New Stock CFDs - Lloyds Banking & Tesco
- The new CFDs are part of a wider movement from the broker to expand its product offering.
Global brokerage ATFX has told Finance Magnates exclusively that it has introduced two new contracts for differences (CFDs), one based on Lloyds Banking Group shares and the other on Tesco shares.
According to a statement seen by Finance Magnates, the launch announced today is part of the foreign exchange (forex) broker’s efforts to offer a broader choice of trading instruments to clients.
Lloyds Banking Group is the largest domestic bank in the United Kingdom. The Lloyds Banking CFD offered by ATFX is based on the Lloyds Banking Group PLC (#LLOY) stock, offered at 1:5 Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term for retail clients, and 1:20 for the broker’s professional clients.
Tesco, on the other hand, is the biggest retailer in the UK, with more than 2,100 supermarkets across Europe, the United States and South East Asia. This CFD is based on Tesco PLC shares (#TSCO) and is also offered at 1:5 and 1:20 leverage for retail and professional traders, respectively.
Commenting on the new offering, the head of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term at ATFX (UK), Ergin Erdemir said in the statement: “Portfolio diversification across different types of instruments is one of the most important aspects of trading.
“Trading multiple instruments allows traders to manage risks and gain flexibility. The launch of our two new share CFDs means that we can continue to offer clients a broader range of tradable instruments in the ever-changing financial market, with more tailored trading conditions that address the specific needs of our global clientele.”
ATFX to expand across Europe
Today’s announcement comes slightly more than a month after ATFX revealed exclusively to Finance Magnates that it would be expanding its presence further throughout Europe. This will include growing its market reach by hiring additional native speakers of European countries as well as countries it is yet to expand to.
This follows on from the broker having recently raised funds by increasing its share capital by £1.5 million, which the company received regulatory approval to do so on the 30th of April 2020.
Global brokerage ATFX has told Finance Magnates exclusively that it has introduced two new contracts for differences (CFDs), one based on Lloyds Banking Group shares and the other on Tesco shares.
According to a statement seen by Finance Magnates, the launch announced today is part of the foreign exchange (forex) broker’s efforts to offer a broader choice of trading instruments to clients.
Lloyds Banking Group is the largest domestic bank in the United Kingdom. The Lloyds Banking CFD offered by ATFX is based on the Lloyds Banking Group PLC (#LLOY) stock, offered at 1:5 Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term for retail clients, and 1:20 for the broker’s professional clients.
Tesco, on the other hand, is the biggest retailer in the UK, with more than 2,100 supermarkets across Europe, the United States and South East Asia. This CFD is based on Tesco PLC shares (#TSCO) and is also offered at 1:5 and 1:20 leverage for retail and professional traders, respectively.
Commenting on the new offering, the head of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term at ATFX (UK), Ergin Erdemir said in the statement: “Portfolio diversification across different types of instruments is one of the most important aspects of trading.
“Trading multiple instruments allows traders to manage risks and gain flexibility. The launch of our two new share CFDs means that we can continue to offer clients a broader range of tradable instruments in the ever-changing financial market, with more tailored trading conditions that address the specific needs of our global clientele.”
ATFX to expand across Europe
Today’s announcement comes slightly more than a month after ATFX revealed exclusively to Finance Magnates that it would be expanding its presence further throughout Europe. This will include growing its market reach by hiring additional native speakers of European countries as well as countries it is yet to expand to.
This follows on from the broker having recently raised funds by increasing its share capital by £1.5 million, which the company received regulatory approval to do so on the 30th of April 2020.