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FXOpen Adds 33 New ETFs to its CFD Offering

2022-01-13 Brokersview


FXOpen has expanded its already massive offering of CFD products with the launch of 33 Exchange Traded Funds (ETFs) for a launch in 2022.

FXOpen, a fully regulated multi-asset forex and CFD brokerage, wants to be ahead of the curve as the year begins and there is nothing better than expanding the options for its users at a time when ETFs have played a crucial role in the investment strategy of retail and professional traders.

Accessed via FXOpen's trading platform, TickTrader, 33 new ETFs range from technologically advanced innovators in automation and robotics, car battery technology, metals, mining companies and the conventional and alternative energy sector.

As Contracts for Difference (CFDs), these ETFs provide exposure to market price and its volatility, which can be maximized by increasing the leverage ratio. FXOpen offers a ratio of up to 1:5, which is identical to that offered for its stock CFD products.

The forex and CFD broker has been going multi-asset with CFD products for a long time, introducing stocks, commodities and cryptocurrencies as traders have been looking to diversify their markets and gain exposure to the most popular asset classes every year. Multiple product facilities are served via high quality in-house infrastructure.

Gary Thompson, Chief Operating Officer, FXOpen UK, said: “It is imperative that FXOpen continues to offer a comprehensive product suite to our discerning clients who are increasingly looking for interesting funds to trade. We are committed to ensuring that all of our valued clients are able to access and be able to trade a multi-asset portfolio of state-of-the-art products via our world-renowned platform that offers industry leading execution. To stay ahead of the game, ETFs that focus on current technology and physical products are an essential part of the modern trading environment.”

Availability of TickTrader to all clients

In the middle of 2021, FXOpen made TickTrader available to all clients after a successful trial of one year. The trading platform was developed in partnership with Soft-FX in order to provide a high level of customization, true market depth, high quality liquidity and trade execution.

TickTrader features Algo-Studio, which allows advanced users to automate their trading routine using Expert Advisors. Its main functions include back testing with the function of optimizing algorithmic trading systems, custom technical indicators, and developing trading systems.

The trading platform offers a fully customizable trading experience with over 1200 advanced trading tools at their disposal, providing advanced data analysis for their trading strategies.

Founded in 2005, FXOpen is a well-established ECN broker, offering ECN, STP, Micro and Crypto trading accounts, with brokerage firms in London, Cyprus and Australia, regulated by FCA, CySEC and ASIC respectively.