The Retail FX/CFD broker Vantage announced today (Wednesday) changes to its indices CFD product offering for 2024. As part of the revamp, Vantage will introduce CFDs on the Straits Times Index (STI) and Taiwan Stock Exchange Index (TWSE) in addition to existing indices offerings.

Vantage Expands CFDs Offering

According to the company's press release, the goal of the expanded product range is to provide traders with more cost-effective indices CFD trading. Key features of Vantage's indices CFD offering include leverage up to 500:1, tight spreads, a wide range of markets, and negative balance protection .

"The expansion of our CFD products offering on indices reinforces our dedication to providing traders with a reliable and comprehensive trading experience that sets us apart from the competition,” said Marc Despallieres, the Chief Strategy & Trading Officer at Vantage.

The company, founded in 2016, offers CFD and FX trading on a proprietary platform. In 2024, this is already the second announcement from the broker who last week reported a website revamp and the introduction of Vantage Academy.

"This initiative is a reflection of our tagline, 'trade smarter @vantage', and emphasizes our focus on providing innovative, user-friendly trading solutions," Despallieres added.

Vantage Expands Offerings

Recently, Vantage UK has taken significant steps to enhance its market presence and cater to a wider range of traders. In a collaboration with Bloomberg Media Studios, Vantage UK introduced "The Vantage View", a new video series focused on exploring major economic trends and perspectives, featuring commentary from leading industry professionals.

In a move to make its services more accessible, Vantage revised its policy regarding the minimum deposit for its copy trading feature. Originally set at $200, the company has now lowered this threshold to just $50. This decision was influenced by a survey conducted by Vantage, which indicated a high level of interest in copy trading among more than 60% of active traders.

In May, as part of its global expansion strategy, Vantage strengthened its international footprint by entering the African market. The company achieved a significant milestone by obtaining a derivatives license from the Financial Sector Conduct Authority in South Africa. This move signifies Vantage's commitment to broadening its global reach and offering its services to a more diverse client base.