JFD Brokers Launches Stock Trading, Becoming True Multi-Asset

Friday, 17/11/2017 | 07:14 GMT by Victor Golovtchenko
  • The addition of MetaTrader 5, and the company’s own customised product MT5+, enables stock trading.
JFD Brokers Launches Stock Trading, Becoming True Multi-Asset
(Reuters)

In August this year we saw the widely trending adoption of MetaTrader 5 come to JFD Brokers. The company has taken its traditional approach to the MetaQuotes' product and has implemented a customized version of the platform with features like an economic calendar, different order types, trading from the chart and trend line stop losses.

The product offering of JFD Brokers is getting a big boost today as the company is launching stocks trading. The feature makes the company a distinguished provider in the MetaTrader space. Offering physical shares is a big milestone for any brokerage that is offering margin Forex and CFDs.

[gptAdvertisement]

The specifics of the product demand additional investment in custodial services and technology.

Commenting on the launch, the foundingpPartner and CEO of JFD Brokers, Lars Gottwik, said: “JFD has always been an innovator in the MetaTrader space, beginning with our unique MT4+. We now aim to lead with MT5 - as we did before with MT4 - by becoming a real multi-asset broker within the MetaTrader universe.”

“Over the years, we had the most powerful MT4 globally in terms of symbols and asset classes, and we have always considered ourselves, since inception, to be a classic broker, an intermediary, therefore it was a logical step to empower our client s to trade all sort of asset classes,” Gottwik elaborated.

JFD Brokers kicks off its stocks offering with US stocks, namely the ones included in the SP500 index. The new asset class is available only via MT5+ and will be closely followed by the addition of German shares.

The company's client mix which is comprised of traders that are valuing the firm’s true-STP (straight through processing) Execution model is suitable for the new product. JFD Brokers will be charging the same commission rate it is offering on CFDs. With one of the lowest pricing in the industry, this means that clients of the brokerage will be able to place a trade for 0.02 cents per share with a minimum ticket size of $5.

In August this year we saw the widely trending adoption of MetaTrader 5 come to JFD Brokers. The company has taken its traditional approach to the MetaQuotes' product and has implemented a customized version of the platform with features like an economic calendar, different order types, trading from the chart and trend line stop losses.

The product offering of JFD Brokers is getting a big boost today as the company is launching stocks trading. The feature makes the company a distinguished provider in the MetaTrader space. Offering physical shares is a big milestone for any brokerage that is offering margin Forex and CFDs.

[gptAdvertisement]

The specifics of the product demand additional investment in custodial services and technology.

Commenting on the launch, the foundingpPartner and CEO of JFD Brokers, Lars Gottwik, said: “JFD has always been an innovator in the MetaTrader space, beginning with our unique MT4+. We now aim to lead with MT5 - as we did before with MT4 - by becoming a real multi-asset broker within the MetaTrader universe.”

“Over the years, we had the most powerful MT4 globally in terms of symbols and asset classes, and we have always considered ourselves, since inception, to be a classic broker, an intermediary, therefore it was a logical step to empower our client s to trade all sort of asset classes,” Gottwik elaborated.

JFD Brokers kicks off its stocks offering with US stocks, namely the ones included in the SP500 index. The new asset class is available only via MT5+ and will be closely followed by the addition of German shares.

The company's client mix which is comprised of traders that are valuing the firm’s true-STP (straight through processing) Execution model is suitable for the new product. JFD Brokers will be charging the same commission rate it is offering on CFDs. With one of the lowest pricing in the industry, this means that clients of the brokerage will be able to place a trade for 0.02 cents per share with a minimum ticket size of $5.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
  • 27 Followers
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.

More from the Author

Retail FX