Recently Voted Best Zero Commission Broker, FXCM Expands Single Share and Stock Basket Offerings
- Trading Systems
- 15.04.2021 11:05 am
FXCM Group, LLC (“FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading and related services, is today announcing an expansion of its Single Share CFD and proprietary Stock Basket product lines.
Having recently been awarded Best Zero Commission* Broker in the 2021 ADVFN International Finance Awards, FXCM is continuing to expand 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.
Brendan Callan, CEO of FXCM commented: “Our Stock Basket and Share CFD products are some of our most popular instruments and we are excited to announce their expansion, providing even more trade opportunities for our clients. With constantly shifting markets and new company shares booming, we will always continue our focus on growing our offering so that clients can make the most of their FXCM account, no matter what is moving in the markets.”
The list of available companies for share trading and the weightings of all FXCM Stock Baskets and is available via FXCM’s website www.fxcm.com
*FXCM can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.