AtoZ approved Forex broker, Xtrade adds exchange traded funds to assets portfolio. Allowing its retail clients for the first time in Xtrade's history to trade these empowering financial instruments.
26 October, Xtrade – In today's announcement, Xtrade informed is now offering retail traders the opportunity to trade ETFs. the addition of Exchange Traded Funds, or ETFs, to its assets portfolio. ETFs are marketable securities that track currencies, indices, commodities, bonds and market sentiment. In contrast to mutual funds, ETFs trade like typical stocks. Among the funds’ advantages are greater diversification and exposure options, lower trading fees, and similarities to stock trading.
ETFs trading becomes available for retail traders
Now, for the first time in Xtrade’s history, retail clients will have access to these empowering financial instruments. According to Paul Sirani, the company’s Chief Markets Analyst:
“Our traders are excited about ETFs, which are cost-effective, transparent, and highly popular among traders who want to combine many trades into one simple transaction. I believe that management’s decision to offer trading on ETFs is a major development in retail online trading, as these financial instruments were previously available only to large institutional participants.”
Recent news items pertaining to Xtrade include a marketing partnership with Real Madrid football star Cristiano Ronaldo, who now serves as the company’s global ambassador; the addition of PayPal as a payment option for traders; and the winning of the Forex Report’s annual award for best broker in the Middle East.
Xtrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are available in over 40 languages to traders from Europe, Asia, and the Pacific. Other prominent services include an award-winning trading education center, breaking financial news in real time, and pioneering trading tools. Xtrade’s Global Ambassador is Cristiano Ronaldo of Real Madrid. The brokerage is regulated by the EU’s Cyprus Securities and Exchange Commissions, the EU’s Markets in Financial Instruments Directive, and the Australian Securities and Investment Commission.