FXOpen AU adds US equity CFDs trading
Retail FX and CFDs brokerage group FXOpen has announced that its Australia based, ASIC regulated subsidiary FXOpen AU is adding equity markets to its product portfolio. The broker will now offer over 100 US shares to trade as CFDs on an ECN account, including top US companies such as Facebook, Tesla and Amazon.
Equity markets were first launched within the global FXOpen group last year and the company reports they have proved popular amongst clients. Gary Thomson, Chief Operating Officer at FXOpen UK comments:
“We’ve seen an increased uptake in equity trading in recent months within our UK brokerage and are delighted to widen the reach of equity markets to the wider FXOpen group.”
Clients of FXOpen AU can access leverage of 1:5 on US Stock CFDs, with no dealing desk and no trade restrictions.
FXOpen also recently announced the addition of a new, fee-free form of payment option, making it even easier for clients to deposit funds. The POLi service, which is a business of Australia Post, offers an online payment option, allowing clients to use their internet banking to transfer funds into their trading account, completely free of charge.
The FXOpen group has licensed operations in London, Cyprus and Australia, regulated by the FCA, CySEC and ASIC respectively. FXOpen is controlled by Belarusian-Latvian entrepreneur Aliaksandr Klimenka.