A notable development in the financial trading arena has emerged as a broker in the Forex and CFDs sector has expanded its service offerings in the United Kingdom. The firm has introduced a new range of share contracts-for-difference (CFDs) on a selection of US and European stocks through its FCA-regulated division. This move is designed to provide UK clients with enhanced trading opportunities for individual company shares.
This expansion comes in the wake of an acquisition by a Czech proprietary trading firm, pending regulatory approvals. The addition of stock CFDs is part of a broader implementation of a new trading sub-account—OANDA One—which enables users to access the latest iteration of the MetaTrader platform, MT5.
With this enhancement, traders can now gain exposure to prominent stocks such as Tesla, Amazon, Microsoft, Apple, as well as major European companies like Allianz, Siemens, and Carrefour. This offering is set to cater to clients from various countries, including the United States, United Kingdom, Germany, France, Spain, and the Netherlands.
The Managing Director for Europe expressed insights on the surge in demand for CFDs, highlighting their appeal for traders and investors looking to capitalize on price fluctuations without the necessity of owning the underlying assets. CFDs provide the flexibility to engage with both rising and falling markets, offering traders an opportunity to exploit market volatility effectively.
Additionally, the introduction of share CFDs complements an extensive collection of other asset classes that clients can trade, which includes indices, forex, commodities, metals, and bonds. This broadening of the platform’s offerings ensures that clients in the UK have a diverse array of trading options available to them, all within a user-friendly interface.
Established in 1996, the brokerage has positioned itself as a renowned global digital platform catering to active traders. It provides multi-asset trading, along with currency data and analytics tailored for both retail and corporate clients. With regulatory approvals in various significant financial markets such as New York, Toronto, London, Warsaw, Singapore, Tokyo, and Sydney, the firm aims to facilitate trading across a wide spectrum of asset classes using its acclaimed trading platform.