FXCM expands Single Share CFD and proprietary Stock Basket product lines
Forex and CFD broker FXCM Group, LLC today announced an expansion of its Single Share CFD and proprietary Stock Basket product lines.
FXCM enriches its offering to include shares from Hong Kong’s primary exchange the HKEX, and an additional 50 NYSE and NASDAQ listed companies to its US Share CFD offering.
Trading shares with FXCM does not include any minimum commission values, allowing clients to start with trade sizes as small as 1/10th of a share on US, DE, FR and UK listed companies.
Additionally, the firm has expanded its stock basket offering by launching the “Big China Tech (ATMX)” basket. FXCM now offers a portfolio of fourteen stock baskets which combine the shares of multiple companies from one sector into a single tradeable instrument.
The Big China Tech (ATMX) basket consists of four of the most popular Chinese tech stocks listed in Hong Kong, Alibaba, Tencent, Meituan Dianping and Xiaomi. These stocks are rapidly growing and are considered a benchmark index for the performance of the Chinese Tech industry, being comparable to its US counterpart – the FAANG index.
Stock trading is available via FXCM’s proprietary website, mobile and desktop trading platforms in addition to a multitude of third-party platforms via FXCM’s robust REST, FIX, JAVA and FOREXCONNECT APIs.
Let’s recall that, in February 2021, FXCM added seven new baskets to its offering. The new sectors added include Airlines, Casinos, Travel & Hospitality, US Automotive, US Banks, US E-commerce, and ‘Work From Home’ (WFH).