Sydney, Australia, November 15, 2017. International Capital Markets Pty. Ltd. (IC Markets), Australia’s largest foreign exchange provider, has launched Stock CFD trading for clients on the MT5 platform. The release of Stock CFDs follows the successful addition of the multi asset MetaTrader 5 platform by IC Markets in May earlier this year, along with a number of other product additions over the last few months, including Bonds and Cryptocurrencies.
The company has carefully selected the most popular and largest stocks across the ASX, NYSE and Nasdaq stock exchanges, with plans to launch more from different exchanges across the world. Pricing and execution that is designed to be exchange or better gives day traders incentive to use the IC Markets products over traditional stocks.
The IC Markets Stock products are traded as CFDs. This allows traders to speculate on stock prices without actually owning or borrowing the underlying assets. This is ideal for day traders who want to be in and out of the market at the lowest cost. Traders can earn or pay dividends depending on whether they are long or short, while attractive margin rates are used to reduce the amount of capital outlay.
IC Markets Director Angus Walker said: “The addition of Stock CFDs is another step towards IC Markets becoming a true multi asset brokerage. In line with the Company’s vision of bridging the gap between institutional and retail traders, we will continue to add the most liquid and popular markets from across the world with aggressive trading conditions to give our traders what they really want”.
About International Capital Markets Pty Ltd (IC Markets).
Sydney headquartered International Capital Markets Pty Ltd is the world’s largest Foreign Exchange provider. IC Markets is the industry leader, distinguishing itself with unique True ECN forex technology, proprietary tools and services, and a remarkable focus on customer service. IC Markets is regulated by the Australian Securities and Investments Commission in Australia (AFSL 335692).
Forex and CFD trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Please consider IC Markets PDS available from IC Markets before entering into any transaction with us.
For further information, visit www.icmarkets.com or contact IC Markets by telephone on: +612 8014 4280.