Darwinex, a UK-based social trading broker, and asset manager has expanded its service offering by incorporating CFDs on single stocks on the MT5 platform.
The addition of Stock CFDs is another step towards Darwinex becoming a true multi-asset brokerage, currently offering CFDs on shares, indices, and commodities as well as Forex.
Earlier in March, Darwinex joined a growing group of brokers in incorporating MetaTrader 5 (MT5) into its trading infrastructure, becoming the latest venue to launch the platform for its clients. The inclusion of MT5 has seen the expansion of the range of assets offered on the Darwinex platform.
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At the time, Darwinex said it would continue to provide access to the outdated MT4 platform “for as long as MetaQuotes permits.”
The FCA-regulated firm broadens its product line as clients’ desire to garner exposure to stock markets has been increasing. The inclusion of single stock CFDs not only helps expand trading capabilities for its clientele but also attract more traders that are looking to diversify their trading options. The case for adding more assets has been growing in recent years with clients from certain regions keen to actively trade local stocks.
In a recent statement, the broker informed its clients about the new additions with an initial focus on blue-chip companies listed on U.S. stock exchanges. However, the ultimate goal of the brand is to grow their offering to include single stock CFDs for different companies globally, which will be added gradually.
Juan Colón, CEO of Darwinex, commented: “2018 is a key year for Darwinex as we look to broaden our reach through additional asset classes and trading platforms. MT5 and share CFDs are just the start of our journey to becoming a full service multi-asset, multi-platform broker. Our product roadmap is packed full of exciting updated as we seek to be the home for every trader seeking access to the best education, execution, information and capital.”