The Times Australia
Google AI
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

The Voltx Topband V1200 Portable Power Station Review

When we received a Voltx Topband V1200 portable power station for review, a staff member at The Time...

Is E10 fuel bad for my car? And could it save me money?

Fuel has become a precious, and increasingly expensive, commodity. The ongoing Middle East co...

Efficient Water Carts for Dust Control

Managing dust effectively is a critical challenge across numerous industries in Australia. From sp...

How new rules could stop AI scrapers destroying the internet

Australians are among the most anxious in the world[1] about artificial intelligence (AI). This...

Why Car Enthusiasts Are Turning to Container Shipping for Interstate Moves

Moving across the country requires careful planning and plenty of patience. The scale of domestic ...

What to know if you’re considering an EV

Soaring petrol prices are once again making many Australians think seriously[1] about switching ...

The Times Features

Shou Sugi Ban: The Ancient Japanese Timber Technique Transforming Australian Architecture

There is something quietly extraordinary about a building material that has been refined over cent...

The Complete Guide to LED Installation: What Homeowners and Business Owners Need to Know

Electricity bills in Australia are among the highest in the developed world, and lighting accounts...

I’m close to retirement age. What are my options for drawing on my super savings?

Retiring well means making a series of decisions to ensure a financially secure post-work life. ...

Samsung expands B2B Mobile eXperience distribution with Ingram Micro Australia

The channel diversification reinforcers the Australian B2B division’s positive trajectory SYDNE...

Focusing on how and why you eat – not just what – may be the key to healthy eating

When most people think about “healthy eating”, they usually focus on what they eat. That might...

HARRY POTTER™: THE EXHIBITION TICKETS NOW ON SALE!

An Enchanting Exhibition Celebrating the world of Harry Potter Opens in SYDNEY on 14 MAY Get r...

Leader of The Nationals Matt Canavan - Sky News Interview

SKY NEWS TRANSCRIPT WITH HOST PETER STEFANOVIC; FUEL CRISIS; PAGE RESEARCH CENTRE REPORT ON LIQUID F...

Taste Port Douglas 10-year celebration

Serving up more than 40 events across four days, the anniversary edition  promises a vibrant cel...

Is dark chocolate healthier than milk chocolate? 2 dietitians explain

Easter chocolate is all over supermarket shelves. Some people reach straight for milk chocolat...