Trade.com Expanding to Multi-Asset Broker
Trade.com, one of the most infamous brokerages operating in the online blockchain space, has announced that undergone an update. This update enables the exchange to offer multi-assets with contracts for difference or spread betting. Subsequently, Trade.com can now become an internally licensed broker that offers a large selection of products to clientele. These products aid clients that like high-risk betting. The available new features working in correlation with CFDs include Private Allocations, Thematic Portfolios, Direct Market Access and Asset Management Services. These new features extend to the Spread Bet Services as well.
The Chief Executive Officer for Trade, RoeiGavish, spoke about the firm’s updated services He stated: “It is indeed exciting times for our clients and us. We are growing the company to become one of the leading multi-asset brokerage houses, with quite a unique and forward-thinking product portfolio. We’re determined to offer our clients a holistic approach to investing. The choices cater to different risk profiles, market conditions and investment sizes. Our proprietary Thematic Portfolio product lets investors gain exposure into a range of market verticals such as Artificial Intelligence, Robotics, Clean energy and more.”
Public auditors like KPMG and Deloitte verify the Asset Management Products created by Trade.com. Online engineers and in-house market analysts designed these products. All development stages were governed by these auditors to guarantee client safety. This governance applies to the unique IPO Private Allocation product created by Trade’s development team. Before this announcement, these kinds of products were provided for institutional accounts or high-valued investors. This time the product is being offered to accredited investors at a considerably lower cost. However, this shows the proven growth of the retail cryptocurrency sector worldwide.
Trade’s update announcement in November came as a shock to many. Nobody anticipated that this broker would be expanding its services at such a rapid rate. It was thirty days before this announcement that the brokerage revealed their spread betting products. However, since Trade.com is an FCA and CySEC regulated broker, this level of growth has been legal. Additional announcements made by Trade.com include the construction of new offences in Frankfurt and Barcelona.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.36% 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.