In response to increasing shares popularity, FXTM took the initiative to release their Shares Account where users will exclusively trade shares. Up to 180 world famous shares (including Facebook, Microsoft, Apple, etc.) are accessible for this Share Account to trade in CFDs.
In response to increasing shares popularity, FXTM took the initiative to release their Shares Account where users will exclusively trade shares. This new Shares Account is connected live to major stock trading venues such as NYSE (New York Stock Exchange), Nasdaq and more to come.
Reasons To Trade With FXTM Shares Account
Up to 180 world famous shares (including Facebook, Microsoft, Apple, etc.) are accessible through FXTM Shares Account for CFDs trading.
If you're not familiar with CFDs, it's a derivate form of futures trading where both parties (buyer and seller) made arrangements that cash payment will be delivered in place of the actual assets itself if there are differences in current-to-past price.
CFDs offer better flexibility than dealing with actual shares trade because of the fact that you don't have to possess the share itself to start trading. What you need to do to gain profit is only to monitor the difference between your current market order compared to their future price change.
On top of it, there are other benefits of Share Account features;
- FXTM applies no-commission policy,
- margin started from 3% (equals to 1:33 leverage),
- User may open an account with deposit starting from 100 USD, GBP or EUR,
- and tight spread of 0.1 pip,
those features will largely help investors with smaller capital to enter this new promising CFDs market.
According to Jameel Ahmad, FXTM Chief Market Analyst and Vice President of Corporate Development, Shares Account is launched to rally FXTM global visibility as a credible broker. Users are now given more choices to pick their financial instruments that reflects upon their best interest. For more information on trading in FXTM, visit the broker's official page.