The new offering will allow customers to easily scale in or out of positions or access stocks that would have previously been too expensive.
|
|
Apple (AAPL.us) |
Facebook (FB.us) |
Netflix (NFLX.us) |
|
|
Share Price* |
$366 |
$233 |
$471 |
|
|
FXCM Micronisation |
1/10 |
1/10 |
1/10 |
|
|
Value of 1 FXCM Contract |
$36.6 |
$23.3 |
$47.1 |
|
|
Margin Requirement* |
$3.66 |
$2.33 |
$4.71 |
|
*The above figures are for illustrative purposes only. Share price and margin requirements update and should be viewed on FXCM trading platforms.
Brendan Callan CEO of FXCM commented:
With the growing market volatility our customers,understandably, want greater control and variety in terms of their trading opportunities. With fractional trading available, this is exactly what we are providing; a user-friendly service allowing anyone to trade companies in a way that allows them flexible trade sizes. Combined with our commission-free single stock CFD pricing structure, we have made the trading of household named shares more accessible than ever before.
Read More:
- FXCM introduces UKOilSpot and USOilSpot CFD products
- FXCM releases April report, XAU/USD spreads continue to decline
- FXCM launches Stock Baskets
The post FXCM cuts minimum trade size on single stock CFDs appeared first on LeapRate.
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