FXTM launches European Shares CFD’s at a time when forex markets around the globe are being exposed to highly volatile trading
A renowned online trading provider, FXTM, has announced the launch of European Shares as contracts for differences (CFDs) as a part of its product offering for trading purposes.
As a result of this announcement, many of the company’s clients would be now able to access and trade some of the most popular European Shares, including those of large corporations, the online Forex Trading provider said on Tuesday.
Some of the Corporations whose shares will be made available to the clients include the those known for having the largest market capitalization in the European market, such as Airbus. L’Oréal, BNP Paribas and Volkswagen, to name a few.
FXTM further stated that the main objective behind the launch of European Shares CFDs is to ensure that the clients have access to a larger and varied range of Shares CFDs, which will further enable them to have a diversified portfolio.
Interestingly, the announcement of the launch of European Shares CFDs comes at a time when the forex markets across the globe are facing extreme volatility. Nonetheless, the trading provider says that this volatility has proved to be beneficial for several brokers and trading providers, as investors all over are leaving no stone unturned in profiting from this uncertainty in prices.
It is pertinent to mention that while forex markets, as stated earlier, have experienced incessant episodes of volatility especially over the last few weeks, it is the Commodity and Stock markets that are suffering the highest level of instability in terms of prices and volumes.
This continued uncertainty resulting from the current economic situation has led to several global brokers and financial firms, such as Swissquote and Plus500, revising and adjusting their outlook for 2020.
Before the announcement of European Shares CFDs’ launch emerged, FXTM had already left an impression on several market participants back in January, when it announced that it was offering floating leverage of 1:2000 on some of the most prominent currencies duos.
Shedding some light on the benefits resulting from this improvement, the online forex trader informed that the investors will be allowed to enhance their purchasing power, increase their profitability and have access to a vast range of currency pairs.
Moreover, this change reflects the company’s continued commitment towards customer satisfaction, by ensuring that the clients get the highest value from trading via its platform, FXTM said in its official statement.