FXOpen UK Extends Offerings Adding Equity MarketsAugust 20, 2020
FXOpen UK, an FCA-regulated FX and CFDs broker, has announced on Thursday the addition of equity markets products and the Hong Kong 50 Index to its list of offerings.
With this, the broker will add some of the popular United States-listed company stocks in the form of contracts-for-differences on an ECN account.
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Commenting on the expansion of offerings, Gary Thomson, FXOpen UK’s chief operating officer, said: “As the US is home to some of the world’s largest companies, I’m delighted we’re able to give our clients the opportunity to trade these shares as CFDs. We are continually evaluating our product offering to strive to provide the best possible trading conditions.”
The press release shared with Finance Magnates detailed that the broker is going to list the CFDs for the stocks of over a hundred major companies, including Apple, Facebook, and Amazon.
The company also highlighted that it will add such equity-based products from other markets as well in the future.
Expansion across Europe
FXOpen initiated its operation in 2005 after gaining a license from the UK regulator and since then vastly expanded its business and offerings. The platform was one of the first brokerages to offer trading services with digital currencies.
To beat its FX and CFDs market competitors, the broker also extended its connections with additional liquidity providers to its clients’ ECN.
Last month, Finance Magnates exclusively reported on the UK-based broker’s acquisition of Cyprus-based broker AMB Prime Ltd. It has now rebranded the platform as FXOpen EU and initiated its operations recently. This came as a part of the broker’s push to establish itself as a major player in the European market.
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