FXTM clients can now trade some of the most popular European Shares as contracts for differences (CFDs).
This announcement came on Tuesday, March 16, 2020, as the Forex trading provider launched an expansion of their product offerings with European Shares CFDs. With this, their clients can now trade shares from major companies like L’Oréal, Volkswagen, Airbus, BNP Paribas and other enterprises with some of the largest market cap in the region.
Through this expansion, FXTM aims to provide access to a larger range of shares CFDs. This allows for greater portfolio diversification.
“This improvement will allow our clients to: Increase their buying power; boost their potential profitability; access an even greater range of currency pairs. This change not only gives our loyal traders great value, it also reflects our long-standing commitment to customer satisfaction,” as mentioned in their company statement last Tuesday.
True to its promise, FXTM has ensured their clients can get the most out of their trading experience with them. This addition to their offerings came at a time of heightened volatility where their clients can profit more from the rise and fall of prices.
Increased Trading Volumes
Despite the wild turn of events over the past couple of weeks, brokers cited a boost in their numbers. This increase in number also follows the global trend in the market today.
International brokers and financial firms such as Plus500 and Swissquote cited the same reason and are now taking measures. Finance Magnates reported that they already adjusted their forecasts for the year as market experts see commodities, stocks, and equities to balloon due to higher volatility and trading volumes.
Just before January ended, the Cyprus-based company disclosed that they’re offering floating leverage of 1:2000 on all major currency pairs.
Also read: FXTM Invest Copy Trading Review
