Axi adds share CFDs to offering
Online trading company Axi, previously known as AxiTrader, has made share CFDs available for trading.
A share CFD mirrors the actual performance of an underlying stock. For example, the Apple share CFD follows the price of the Apple Inc. (AAPL) stock price.
When you invest in stocks, you pay the full price up-front to take some ownership of an asset and can only profit when the price of the stock increases. Conversely, when you trade share CFDs you’re simply trading the price movements, giving you the advantage of profiting from price movements in any direction.
And since share CFDs also allow you to apply leverage, you don’t need large amounts of capital to gain the benefits of trading some of the world’s biggest stocks.
Axi offers a wide range of stocks that represent a large number of trading opportunities for its clients. The broker currently offers 50 share CFDs across the UK, US and European markets.
The company notes that it charges 0% commission for share CFDs.
To start trading share CFDs with Axi:
- Register a live trading account with Axi;
- Add funds by depositing into your account;
- Download the MT4 trading platform and log in;
- Monitor the market and choose the share CFD you want to trade.
Traders can find out more about how to trade share CFDs with Axi or discover the right trading account type for them: standard, pro or swap-free trading account, here.