RoboMarkets Expands Suite Of CFDs With Brazilian Stocks

The popular European broker, RoboMarkets, has recently expanded its trading platform, R Trader, by adding over 30 new instruments. This move provides clients with greater market exposure and opportunities to diversify their portfolios. While the broker previously offered a limited range of Brazilian stocks and ETFs, they have now added local CFDs to their offerings.

30+ Brazilian CFDs

RoboMarkets has taken 30 of the most liquid companies on the Sao Paolo Stock Exchange, Bovespa, and added CFDs so that clients can go long or short on their performance. These companies include Banco Bradesco (BBDC4), Itau Unibanco (ITUB4), Petrobras (PETR4), Vale (VALE3), and AmBev (ABEV3).

RoboMarkets Brazilian Stock CFDs

Investors who wish to take advantage of these instruments can do so with the following trading conditions:

  • Spreads from 0 pips
  • 0.1% commission (though no less than 10 BRL)
  • 04:10 UTC to 22:55 UTC

“A Friendly Macroeconomic Environment”

The head of the R Trader project, Kiryl Kirychenka, commented on the addition of Brazilian stock CFDs, saying they have added an exclusive opportunity for clients to trade new stocks on the market, which they did not cover before. Brazil’s economy is a developing mixed economy with a wealth of natural resources and the largest economy in Latin America.

Kiryl Kirychenka stated that “Brazil is in the Top 10 countries with the highest GDP. A friendly macroeconomic environment, including high energy prices, supports a positive outlook for Brazilian stocks, which offer attractive prices and great growth potential. At the same time, developing countries imply additional risks because such economies may be rather unsteady in their growth”.

Discussing their previous Brazilian product range, Kiryl also added that “Earlier, our platform offered the option to trade ADRs Brazilian stocks and ETFs, for example, EWZ, but access to CFDs on stocks that are traded on the local market significantly widens investment opportunities and helps our clients to diversify their portfolio. We’re constantly improving our products, adding new instruments, and doing our best to provide the best possible trading conditions”

About RoboMarkets

Licensed with the Cyprus Securities and Exchange Commission (CySEC), RoboMarkets offers regulated trading on over 12,000 financial instruments to clients anywhere within the European Union (EU) and European Economic Area (EEA), plus the United Kingdom.

RoboMarkets investors can manage their portfolios on a range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5) and the broker’s own proprietary web-based platform, R Trader.

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