TRADE.com, an online broker, has revealed exclusively to Finance Magnates that it has gone through a big shift, with the company expanding from solely offering contracts for difference (CFD) and spread betting trading, to a fully-fledged multi-asset brokerage house.
As of this week, TRADE.com now offers a wide selection of product types, which cater to different investor profiles and risk appetites. The new offering will include Thematic Portfolio products, initial public offering (IPO) private allocations, Direct Market Access, and Asset Management Services through its Portfolio management group subsidiary.
Commenting on the news, TRADE.com’s CEO, Roei Gavish, told Finance Magnates: “It is indeed exciting times for us and our clients, as we are growing the company to become one of the leading multi-asset brokerage houses, with quite a unique and forward-thinking product portfolio.”
“We’re determined to offer our clients a holistic approach to investing, with many investment choices to cater for different risk profiles, market conditions and investment sizes. Our proprietary Thematic Portfolio product lets investors gain exposure into a range of market verticals such as Artificial Intelligence, Robotics, Clean energy and more.”
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The Asset management portfolios have been fully verified by leading auditors such as Deloitte and KPMG and were developed by the broker together with its in-house market analysts, the statement seen by Finance Magnates said.
Another unique offering provided by the broker is the IPO private allocations. Traditionally, this type of investment was only available to high-net investors or institutional accounts. However, TRADE.com is offering the product to accredited investors at a more affordable entry-level. The allocations include proven growth companies such as Airbnb, Impossible Foods, Lyft, Paytm, and many more to come.
TRADE.com continues expansion
Today’s news follows on from a number of updates from the company, as in recent months, TRADE.com has been actively expanding its operations. As Finance Magnates reported, in October, the broker launched its spread betting service.