Forex and CFD brokerage firm CFI Financial Group recently announced its plan of adding a wide range of new products to its portfolio in the upcoming months.
Which new products will be available?
The firm will expand its service offering by adding new CFDs on equities and ETFs. This will bring the total number of products available on the platform to 1500. The firm also plans to add thousands of new products to its offerings in the coming months. The brokerage firm is working on transferring to the MT5 terminal. This will help it increase its asset base and products and provide a more diversified offering to its client base.
The brokerage has broadened its lineup of products and now includes equities, indices, currencies, and commodities. The firm’s offerings are increasing in proportion to demands from clients who seek more exposure to regulated markets. With ETFs and CFDs alongside new stocks, the trading capabilities of the clients will increase. This will attract more users to the platforms who are looking for more diversified trading options.
Cheaper trading options
CFDs on ETFs are considered cheaper and better options for trading in the futures market. They have become popular among users looking for low-cost methods of diversification and arbitration, especially in the retail sector. The asset class is typically designed to track indices and trades on exchanges. This allows individuals to trade in a basket of securities in a single transaction. It also helps in creating better conditions for retail traders to trade in an underlying asset while giving them control over the kind of exposure they want on the index or equity.
Hisham Mansour and Eduardo Fakhoury, the founders and managing directors of CFI Financial commented on the launch and said, “Providing our clients with broader access means allowing them to benefit from an increase in diversity and opportunities, a feat that is of utmost importance to us. At this point, CFI is among the few companies offering such a wide range, and we aim to expand it further while maintaining the quality of access and the competitive trading conditions offered.”
They noted that the firm will have thousands of products by 2021, making it a major financial provider.
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