Finalto has recently expanded its financial assets by adding over 30 stock CFDs. This move provides clients with access to the Singapore stock market, which has shown an impressive 13.8% increase as of November 2021. Continue reading to learn more.
Get Access to Singapore Stocks
Finalto’s new equity CFDs are now available to all live account holders, featuring competitive floating spreads. Users can trade the latest products via the MetaTrader desktop and mobile platforms.
The Singapore Stock Exchange (SGX) is among the leading stock markets in the Asia-Pacific region, with a large number of listings from both industrial and financial sectors.
The outlook for 2022 is promising as well. Singapore has one of the quickest vaccine rollouts globally, with the government raising its economic growth forecast from 4%-6% to 6%-7%. The quarter-over-quarter GDP growth rate stood at 0.8% in Q3 of 2021.
To further support recovery in the region, the Singapore government has allowed firms to raise funds privately before going public. The Monetary Authority of Singapore (MAS) also plans to offer additional grants to help cover listing costs.
All of these factors contribute to an optimistic 2022 for Singapore’s stock market.
And for traders at Finalto, the new equity CFDs offer access to a high-growth market alongside cheap valuations.
Finalto Asia CEO, Alex Mackinnon, commented: “The addition of the Singapore leveraged equities further establishes Finalto as a business that listens to the market and responds to our clients’ needs. This is just another step in our commitment to bring the best and latest opportunities giving our clients an edge over the competition.”
About Finalto
Finalto is a popular forex and CFD broker previously known as TradeTech Alpha. The firm is listed on the FTSE 250 and is regulated by top-tier agencies, including the CySEC, FCA and ASIC. The company’s headquarters are in the Isle of Man, though the firm has active clients in all major trading hubs.
Alongside equities, investors can speculate on indices, ETFs, forex, cryptos, bonds and commodities. Leverage up to 1:30 is offered to retail clients and the broker charges variable market spreads.
Finalto offers both the MetaTrader 4 and MetaTrader 5 platforms. These user-friendly solutions come with a host of drawing and analysis tools, instant and pending order types, plus automated trading capabilities. The terminals are also available as a free mobile application.
Follow the sign-up link below to get started.