skip to Main Content
enquiries@thearmchairtrader.com

CFD broker FXCM has launched commission-free single-stock CFD trading (share CFDs), enabling retail clients to trade CFDs on individual company shares like Tesla, Apple, Facebook, and others. FXCM has confirmed it will be gradually rolling out the new single stock CFDs to its entire client base over the coming weeks.

The expansion into share CFDs will initially focus on stocks listed in the United States. The company is aiming to expand the number of individual stocks tradeable via CFDs to more than 100, covering at least five countries, all before the end of the year.

FXCM also said it will provide share CFD trading on MetaTrader 4, the Trading Station platform, and on mobile devices – resulting in seamless connectivity for existing customers and reducing the need to switch between providers.

The product will initially be launched to South African and Australian customers with European customers following closely behind.

“Share CFDs have been one of the most highly requested products from our customers and we are excited to formally announce our launch,” Brendan Callan, CEO of FXCM commented. “Over the next few months, we will concentrate on expanding the number of tradeable instruments so that no matter what is moving in the markets, clients are able to make the most of their FXCM account.”

Share this article
Stuart Fieldhouse

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

This Post Has 0 Comments

Leave a Reply

Your email address will not be published.

Back To Top