This week, FXOpen, a multi-regulated forex broker, announced that it has added a comprehensive list of popular equities for Australian traders. The broker will offer its collection of share CFDs to retail traders who have been onboarded by its ASIC-regulated local entity, FXOpen AU. Read on for more information.
New Share CFDs
Those trading with the FXOpen ECN account will have access to over 100 company stock CFDs, including hot US stocks like Tesla, Facebook, and Amazon, with leverage rates of up to 1:5. With the demand for technology and clean energy shares on the rise, this latest move will connect Australian traders to some of the world’s leading players in their respective industries. The new shares will be available on the MT4, MT5, and TickTrader platforms, and clients can use an array of technical indicators, pending order types, and automated trading capabilities to take positions on the latest products.
Gary Thomson, the Chief Operating Officer of FXOpen UK, had this to say about the development: “We’ve seen an increased uptake in equity trading in recent months within our UK brokerage and are delighted to widen the reach of equity markets to the wider FXOpen group.” The broker has also introduced POLi as a payment solution for Australian traders.