Google AI
The Times Australia
News From Asia

.

OctaFX launches CFD trading on stocks

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 November 2022 - OctaFX launches CFD trading on stocks with an impressive offering of 150 individual stocks of major world companies.


On Monday, 7 November 2022, the global broker OctaFX announced the launch of CFD trading on stocks.

These 150 new assets listed on 16 stock exchanges around the world made an impressive contribution to the already existent 80 CFD instruments, including currencies, commodities, stock indices, and cryptocurrencies.

The list of stocks includes some of the most notable names, such as Apple, Tesla, BMW, Airbus, and Amazon, as well as other major companies from the U.S., Japan, Singapore, the U.K., Europe, and Australia. The leverage for the stock CFDs is 1:20. OctaFX will charge no commission for trading or holding leveraged positions overnight. Apart from that, the broker will pay dividends to traders with open stock orders.

‘It is an important move for us as a broker. With growing interest in the stock market and its major opportunities for portfolio diversification, we simply had to add this wide range of instruments to our CFD offering. With the impact stock prices have on the world economy and their strong connection to political and economic events, this also opens up room for broader fundamental analysis and trading decisions—both short and long—based off of it,’ the OctaFX press office commented.

As part of the campaign promoting the launch of stock trading, the broker announced that it would randomly select fifteen traders out of those trading on stocks before 1 December and give them prizes from a pool of 10,000 USD. The winners will be announced on OctaFX’s YouTube channel on 6 December.

Hashtag: #OctaFX

About OctaFX

is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries who have opened more than 12 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.

On a side note, OctaFX has also won more than 50 awards since its foundation, including the 2021 ‘Best ECN Broker’ award from World Finance and the 2022 ‘Best Global Broker Asia’ award from International Business Magazine.

Times Magazine

Why Is Professional Porsche Servicing Important for Performance and Longevity?

Owning a Porsche is a symbol of precision engineering, luxury, and high performance. To maintain t...

6 ways your smartwatch is lying to you, according to science

You check your smartwatch after a run. Your fitness score has dropped. You’ve burnt hardly any...

Has the adoption of electric vehicles led to new forms of electricity theft

Why the concern exists Electric vehicles (EVs) like the Tesla Model 3 or Nissan Leaf shift “fue...

Adobe Ushers in a New Era of Creativity with New Creative Agent and Generative AI Innovations in Adobe Firefly

Adobe (Nasdaq: ADBE) — the global technology leader that unleashes creativity, productivity and ...

CRO Tech Stack: A Technical Guide to Conversion Rate Optimization Tools

The fascinating thing is that the value of this website lies in the fact that creating a high-cali...

How Decentralised Applications Are Reshaping Enterprise Software in Australia

Australian businesses are experiencing a quiet revolution in how they manage data, execute agreeme...

The Times Features

realestate.com.au attracts the buyer for 9 in 10 listed…

New PropTrack data reveals the impact realestate.com.au has on property sales, with the  platfor...

The Hidden Threat Inside Data Centers: Why Fuel Degrada…

Data centers are designed with one overriding objective: uninterrupted operation. To achieve this...

Holidays: How to Book a Flight — and Protect Your Money…

For decades, booking an overseas holiday was a straightforward transaction: choose your destinat...

Olivia Colman, Kate Box to join an exclusive Live Q…

Fresh out of cinemas, JIMPA - the new film by acclaimed director Sophie Hyde (Good Luck to you, ...

Homemade Food: Cheaper Than Takeaway, Healthier Than Yo…

As the cost of living continues to bite across Australia, households are taking a harder look at...

The Coalition wants NDIS reform to focus on 3 things. H…

The government is expected to announce further changes to the National Disability Insurance Sche...

Power Bills: What Are the Options to Decrease What a Fa…

Australian households are being told, repeatedly, to “use less power.” Turn off lights. Shorten...

The Times Launches Dedicated Property Advertising Platf…

In a significant expansion of its digital media offering, The Times has formally launched TimesA...

Can I get a free flu shot? And will it cover ‘super K’?…

For many of us, flu can mean a nasty few weeks of illness. But for the very young and old, and...