HotForex adds CFDs on ETFs and DMA Stocks in MT5
Retail FX and CFDs multi-asset broker HotForex has announced that it has expanded its product range offering, with the launching of exchange-traded funds (ETFs) and direct market access (DMA) stocks. The new asset classes come with excellent trading conditions and are exclusive to the company’s MT5 platform.
HotForex CEO George Koumantaris said:
“Every new product we offer is driven by our constant efforts to secure a better trading experience for our clients. With this addition to our list of 1000+ instruments we provide our clients with the opportunity to expand their trading activities and ensure they can access innovative and low cost investment products at all times.”
With CFDs on DMA stocks HotForex said that traders can benefit from direct market live pricing. Unlike CFDs on stocks, which are not directly hedged in the underlying physical market, a CFD on DMA stocks means that HotForex will allow you to view and trade with the live order books of global stocks regulated exchanges. However, as with all CFD products, you will trade a CFD and not gain ownership rights of the stock you wish to trade. Trading CFDs on DMA stocks allows you to see your order being directly reflected in the underlying physical market.
An ETF is a basket of related assets that can be traded on a stock market exchange, just like stocks. A key benefit of an ETF is that allows for portfolio diversification. HotForex stated that ETFs are an ideal way of investing in market sectors as a whole rather than in individual stocks. With CFDs on ETFs, HotForex noted that investors gain enhanced exposure to a diverse variety of markets with a single trade.