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Here’s a round-up of the latest developments from the brokers this month.

AxiTrader

Australian brokerage AxiTrader has launched five cash equity indices allowing clients to trade the Italian, Spanish, Swiss and Netherlands benchmarks. In addition, clients can now roll over five future CFDs; Gold, Silver, the VIX volatility index, the US Dollar index and India’s Nifty-50 equity index. Read the full article

Mitrade

ASIC regulated Mitrade has completed the restructure of its products and services. The broker has launched an upgraded version of its trading app which includes an enhanced analytics function, faster execution and a cash back and trading rebate program. In addition, Mitrade has broadened their markets to offer more FX pairs, leading commodity markets, cryptocurrencies and indices. Read the full article.

CMC Markets

CMC Markets is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices. CMC Markets’ Major Crypto Index will include bitcoin, ripple, bitcoin cash, ethereum and litecoin. The Emerging Crypto Index is based on dash, EOS, monero, NEO, stellar lumens, cardano and TRON. A third index, the All Crypto Index combines all of the above constituents. Read the full article.

OANDA

OANDA has performed an upgrade to its mobile trading app, with a three-day schedule to allow clients to find out when instruments will be back online, presumably covering planned downtime such as weekends, market holidays and the like.

City Index

City Index also made changes to its charting functionality in mobile, improving the user experience by allowing chart layouts to be saved then loaded onto other markets.

Plus 500

Plus 500 is to start providing client support over WhatsApp. This could yet prove to be a smart move in terms of finding a suitable client communications package that works well in a mobile environment. WhatsApp’s high level of adoption globally seems to have it well positioned for uses like this.

If you have any broker related news you think The Armchair Trader should be covering, we’d love to hear from you. Contact our editorial team here

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Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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