Tom Arran Tom Arran, Wednesday 18th March 2020, 9:44 AM CET
floating leverages

FXTM announced the expansion of available products for the European Region on March 17th. Representatives with this exchange confirmed that they’d be implementing European Shares for CFD Trading. This announcement will enable for consumes to engage with some of the most notable shares in the European Union, which include major technology-based corporations and car manufacturers. Details on which companies would be available at launch were provided. Those include PNP Paribas, L’Oréal, Airbus, Volkswagen and HSBC. These representatives confirmed that new corporations would be listed throughout 2020.

The strategic element of this announcement will enable considerable diversification in how Contracts-for-Differences will be approached. It’ll mark one of the first instances that European Traders are provided access to notable stocks in this digital format. It couldn’t have come at a perfect period of volatility. The coronavirus pandemic is causing substantial fluctuation in standard markets, with multiple investors considering the digital space for temporary measures. FXTM could find themselves experiencing a drastic increase in customer acquisition after this announcement.

Financial markets in New York City, London and Hong Kong have fallen in their respective valuations since February 2020. Everything from Equities to Commodities and Stocks has been challenged in their trading volumes. Estimates were falling with cryptocurrency exchanges, which quickly was altered with global instructions to implement self-isolation tactics if possible. There have been multiple firms and brokerages that have adjusted their financial forecasts following this pandemic, with Plus500 being one of the few to anticipate

Floating Leverage Increased by FXTM

Accounting for the multiple brokerages worldwide that have implemented new products during the Covid-19 Pandemic, it isn’t surprising that FXTM would follow similar strategies. This corporation additionally announced that Floating Leverages would be increased to 1:200 for significant currency pairings.

Formal statements regarding the increased Floating Leverages were provided. Plus500 Reps mentioned: “This improvement will allow our clients to increase their buying power; Boost their potential profitability; Access an even greater range of currency pairs. This change not only gives our loyal traders great value, but it also reflects our long-standing commitment to customer satisfaction.”

Featured in this article

FXTM
Your capital is at risk:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Tom Arran

Author: Tom Arran

Tom has over 10 years experience on crypto currencies, first mining bitcoin on an old university computer for 20 cents a coin to now day trading bitcoin in between helping to start whichbroker.com. Tom has previously held roles at a leading EU brokerage and provided insight and consultancy work for number of UK banks in Crypto. Tom Arran can be contacted at [email protected], View all posts by Tom Arran

Featured Brokers

  • Swissquote

    Open Swissquote Account

    Read Swissquote Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • JFD Brokers

    Open JFD Brokers Account

    Read JFD Brokers Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • RoboForex Review

    Open RoboForex Account

    Read RoboForex Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

More From Author