FXTM Shares Account, an account tailored to suit the needs of investors who trade Share Contract for Difference (CFDs) in their portfolio and are ready to leap into an all-new trading environment.
This new account provides traders with a direct connection to the NYSE and NASDAQ exchange, allowing them to trade CFDs on more than 180 US shares – including Apple, Facebook, Alibaba, Twitter and Microsoft.
According to a statement, as opposed to going through a third party provider, FXTM established the direct connection to the pricing of the products listed on the NYSE and NASDAQ exchanges.
It explained that the connection enables FXTM’s clients to benefit from a real-time feed, deep liquidity and extremely low latency.
They are also provided with a significant time-saving advantage through the assurance of better pricing and immediate execution speeds.
The Shares Account offers more instruments and better trading terms for Share CFDs. With zero commission, a highly competitive margin starting from three per cent and over 180 shares to choose from, this new account is a long-term investment tool which adds real value to traders who are looking to enhance their trading portfolio.
The Chief Market Analyst and Vice President of Corporate Development at FXTM, Jameel Ahmad said: “FXTM is proud to present the new Shares Account, which has been developed to provide a localised solution to those clients who trade Share CFDs. We are also pleased to have developed direct connections with the NYSE and NASDAQ exchanges, which enhances FXTM’s credibility as a leading broker.
“With unrivaled pricing terms, this new account shows FXTM’s commitment to providing our clients with products tailored to their needs, whether in forex, spot metals, commodities or shares.
“The launch of the Shares Account is also part of our bigger vision to expand the choice of financial instruments our clients can have when trading.”