CFI Financial Group, a multi-regulated FX and CFDs brokerage firm, has expanded its service offering and trading products by incorporating CFDs on Exchange Traded Funds (ETF) on the MT5 platform.
Initially, 100 ETFs will be listed on the MT5 platform with plans to add more over the coming months.
Often promoted as cheaper and better than trading in futures markets, CFDs on ETFs have become one of the popular investment vehicles that offer low-cost diversification and arbitrage options for retail traders. The asset class typically tracks a stock market index and trades on an exchange so that it allows individuals to trade a basket of securities in a single transaction. Additionally, it creates the conditions for retail investors to trade the underlying asset with much better control of their exposure to risk margin.
As CFI continues to transfer activity to the MT5 terminal, it is imperative to increase the base of assets and products into the platform, in order to accommodate its entire client base.
The broker broadens its product line, which also includes currencies, commodities, equities and indices, as clients’ desire to garner exposure to regulated markets has been increasing. The inclusion of new EFTs CFDs not only helps expand trading capabilities for its clientele but also attracts more traders that are looking to diversify their trading options.