FXCM Announces the Expansion of Its CFD Offering

FXCM, a leading global provider of online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) trading, CFD trading, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and related services, announced today that the company has expanded its CFD offering significantly to meet the growing demand.

According to an official announcement shared with Finance Magnates, FXCM has enhanced its French, German and UK CFD shares offering. The latest announcement from FXCM came nearly 8 weeks after the broker expanded its product line with the addition of Australian single share CFDs on its platform.

In the last 12 months, FXCM has expanded its offering substantially. In March 2021, the company launched Social and Copy Trading via ZuluTrade platform. The financial broker now has extensive CFD offerings.

Commenting on the latest announcement, Brendan Callan, CEO of FXCM, said: “By doubling our French, German and UK shares, we have highlighted our commitment to being a 'Client first – Trader driven' firm. We have a strong focus on delivering the ultimate trading experience for clients around the world, and we are pleased to continually upgrade and expand our offering to create more opportunities and options for our entire global client base.”

CFD Trading

CFD is one of the most popular forms of financial trading. Moreover, brokers around the world have expanded their CFD offerings substantially in the last few years. In the latest press release, FXCM outlined that the expansion of its CFD offering will improve the overall trading experience of its clients.

“FXCM now has extensive offerings in Hong Kong, the UK, the US, Australia and large parts of Europe, meaning clients can now trade on an extensive number of listed firms across the globe without incurring the hefty commission and data subscription fees charged by the majority of trading providers. The further expansion of FXCM’s European offering demonstrates the company’s commitment to providing the ultimate trading experience for its clients,” the broker added.

Founded in 1999, FXCM is a multi-regulated financial services provider.