FXOpen's Australian Arm Adds US Stock CFDs Trading

FXOpen, a global Forex and CFD broker, announced that its Australian arm is adding equities market products to its offerings. The broker will offer more than 100 US stock CFDs to its Australian clients to trade. The offerings will include some of the top US shares like Facebook, Tesla and Amazon.

The broker stated that it will offer a leverage of 1:5 on US Stock CFDs, with no dealing desk and trade restrictions.

Chief Operating Officer at FXOpen UK, Gary Thomson, said: "We've seen an increased uptake in equity trading in recent months within our UK brokerage and are delighted to widen the reach of equity markets to the wider FXOpen group."

Earlier this month, Fazzaco reported that FXOpen released a notice on its official website, stating that it is increasing margin requirements for rouble pairs.

About FXOpen

FXOpen is a retail and institutional forex broker offering online trading services via MetaTrader 4 and MetaTrader 5 trading platforms. It provides access to the electronic communication network (ECN) to execute trades in currency pairs, precious metals, CFDs and cryptocurrency pairs. FXOpen companies operate in Australia, Saint Kitts and Nevis and the United Kingdom and have representatives in a number of other countries.