Japanese brokerage Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc (TYO:4755), plans to expand its offering via the addition of CFDs on stock indices and commodities.

The application process starts today, with the beta version of the service set to launch on January 11, 2021. Later in January, the brokerage aims to launch the live service for trading in CFDs on stock indexes. The commodity CFDs are poised to be made available for trading in May 2021.

The platform to be used for the new service is MT4. The leverage for CFDs on stock indices will be 10x, whereas the leverage for commodity CFDs will be 20x.

Rakuten Securities regularly enriches its offering. In October 2020, the broker added 41 new stocks to its offering. The additions include brands such as American Well Corp (NYSE:AMWL) and Yalla Group Ltd (NYSE:YALA).

Rakuten provides its clients to a wide range of US stocks, US ETFs, and ADRs (American Depositary Receipts). Clients of the broker can trade Japanese and US stocks via the smartphone app iSPEED and via the “Market Speed” platform for PCs. The latter offers more than 10 types of charts for technical analysis of US stock investments.

Once one opens a general account with Rakuten Securities, the client can trade not only domestic stocks but also foreign stocks. In addition, profit and loss can be totaled with domestic stocks and investment trusts in a “specific account”, making it easy to file tax returns.