Cyprus regulated broker RoboForex has revealed its latest project – RoboForex Stocks – which offers CFD trading on the US stock market. The provider of the technology is Umstel, a web-oriented trading platform from Hong Kong.
The platform offers over 8,000 stocks and ETFs, based on the last done price and the price/time priority (not bid/ask prices). Orders are displayed on the chart and real exchange quotes are delivered directly into the platform. Umstel’s platform also automatically supports all corporate events, including dividends, splits, and mergers.
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According to RoboForex group specialists, more and more traders are switching from forex to the stock market after what happened with the Swiss franc in January 2015. This is one of the reasons that the group decided to launch RoboForex Stocks. “Among other reasons, we should mention powerful possibilities provided by the stock market, which are equal (or even more powerful) to the currency market, and strategic plans of RoboForex group to expand its services.”
RoboForex’s team in Germany has started cooperating with Juergen Wunner, a professional portfolio manager with over 20 years experience with such companies as Julius Baer, Deka, and Nomura, managing assets up to 700 million EUR.
For German-speaking clients, Mr. Wunner is holding webinars and live trading sessions in order to “teach them to trade with strong rules to protect their money and avoid the greatest mistakes in trading”. RoboForex clients from Eastern Europe also have an opportunity to meet Mr. Wunner personally on his seminars in Poland, Lithuania, Latvia and Estonia this month. The theme of seminar is “How the US elections may influence the financial markets and what to do to prepare for it”.
Mr. Wunner commented: “I am very proud to be a part of the RoboForex team. I see a huge potential for RoboForex in this changed financial world. The company is innovative, presents exceptional products and has professional staff. I enjoy working for RoboForex very much and am looking forward to building up something of greatness.”