Monex Boom Securities Launches Global Futures Trading
- Customers of the Hong Kong broker can now open accounts with multiple currencies.
Monex Boom Securities, an Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term subsidiary of Monex Group, has expanded its online securities trading to now include Global Futures Trading, where customers can open accounts with multiple currencies, the broker announced on Monday.
Headquartered in Hong Kong, Monex Boom now offers its clients the ability to hold as many as six different currencies in a single account. Via its “Auto-currency Conversion” feature, all traded assets that are denominated in multiple currencies can be consolidated into buying power for the trading account, the statement said.
“Clients can make use of the instant funds transfer to grasp the investment opportunities by switching their available fund between the securities and the futures markets. All transfer instructions can be given online without the hours of service restriction,” the company said in the statement.
Through the broker’s global futures trading services, customer’s can trade up to 51 global futures products from major exchanges. At present, the Hong Kong firm has a promotional offer of zero commission when trading.
Most popular futures contracts
The most popular futures contracts traded through Monex Boom are foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) futures, gold futures, crude oil futures, E-mini Dow Futures, E-mini S&P 500 Futures and more through CME. The FTSE China A50 Index Futures is also commonly traded via the Singapore Exchange (SGX).
“MONEX BOOM strives to offer clients with a broad variety of investment products and bring a secure and convenient alternative to both local and foreign investors in global investment Trading,” the broker added.
Monex Boom Securities is part of the Monex Group. As Finance Magnates reported, the firm saw a minor decline in operating revenues for its 2019 fiscal year, which it released details for back in April.
Notably, the financial services Group noted a slump in its Japanese operations, which was largely driven by lower trading volumes from its retail brokerage Monex, Inc. The crypto business of the Group also weighed on the results, with the company’s US business reporting solid results.
Monex Boom Securities, an Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term subsidiary of Monex Group, has expanded its online securities trading to now include Global Futures Trading, where customers can open accounts with multiple currencies, the broker announced on Monday.
Headquartered in Hong Kong, Monex Boom now offers its clients the ability to hold as many as six different currencies in a single account. Via its “Auto-currency Conversion” feature, all traded assets that are denominated in multiple currencies can be consolidated into buying power for the trading account, the statement said.
“Clients can make use of the instant funds transfer to grasp the investment opportunities by switching their available fund between the securities and the futures markets. All transfer instructions can be given online without the hours of service restriction,” the company said in the statement.
Through the broker’s global futures trading services, customer’s can trade up to 51 global futures products from major exchanges. At present, the Hong Kong firm has a promotional offer of zero commission when trading.
Most popular futures contracts
The most popular futures contracts traded through Monex Boom are foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) futures, gold futures, crude oil futures, E-mini Dow Futures, E-mini S&P 500 Futures and more through CME. The FTSE China A50 Index Futures is also commonly traded via the Singapore Exchange (SGX).
“MONEX BOOM strives to offer clients with a broad variety of investment products and bring a secure and convenient alternative to both local and foreign investors in global investment Trading,” the broker added.
Monex Boom Securities is part of the Monex Group. As Finance Magnates reported, the firm saw a minor decline in operating revenues for its 2019 fiscal year, which it released details for back in April.
Notably, the financial services Group noted a slump in its Japanese operations, which was largely driven by lower trading volumes from its retail brokerage Monex, Inc. The crypto business of the Group also weighed on the results, with the company’s US business reporting solid results.