FXCM Launches Commission-Free Share CFD Trading

Margin foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term broker FXCM has launched commission-free single-stock CFD trading (share CFDs), enabling retail clients to trade CFDs on individual company shares like Tesla, Apple, Facebook, and others. It will be gradually rolling out the new single stock CFDs to its entire client base over the coming weeks, the firm announced today.

The expansion into share CFDs will initially focus on stocks listed in the United States, according to FXCM.

The company aims to expand the number of individual stocks tradeable via CFDs to more than 100, covering at least five countries, all before the end of the year.

FXCM says that it will provide share CFD trading on MetaTrader 4, the Trading Station platform, and on mobile devices, resulting in seamless connectivity for existing customers and reducing the need to switch between providers.

Launching in South Africa and Australia, Europe to follow

The product will initially be launched to South African and Australian customers with European customers following closely behind, the company notes.

“Share CFDs have been one of the most highly requested products from our customers and we are excited to formally announce our launch,” says Brendan Callan, CEO at FXCM.

“Over the next few months, we will concentrate on expanding the number of tradeable instruments so that no matter what is moving in the markets, clients are able to make the most of their FXCM account,” he adds.

Founded in 1999, FXCM is a New York-headquartered international provider of online foreign exchange trading, CFD trading, 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 and related services.