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August 24, 2021 - FX and CFD trading provider FXCM has announced the addition of Australian shares to its commission-free Single Share CFD offering.
Starting from trade sizes as small as 1/10th of a share, FXCM clients can now speculate on the growth or decline of Australian listed firms without incurring commission and data subscription fees.
The announcement follows FXCM Australia Pty. Limited’s recently launched, ‘Save Money, Sleep Better’ campaign, offering zero rollover fees to Australian customers trading Stock Indices, Gold and Silver. Over the past year, the firm has focused on expanding its product offering and boosting client service as part of a brand refresh.
Brendan Callan, CEO of FXCM, said: “The addition of Australian stocks along with our existing AUS200 index will not only benefit our Australian customers, but it will also create more opportunities for our entire global client base. Fractional shares remove a barrier for those who want to invest smaller sums, including underserved individuals who would like to experience trading. This new product complements our Hong Kong, UK, European and US offerings, as we close in on having stock trading available almost 24 hours a day.”
FXCM has won a number of awards in the past year, including the Best Zero Commission* Broker in the ADVFN International Financial Awards 2021, Best FX Platform at the 2021 Online Personal Wealth Awards and Best Forex Trading Platform (Global), Most Trusted Forex Broker (Africa) and Best Value Broker (Europe) at the 2020 Global Forex Awards.
*Award granted to the FXCM Group by ADVFN in March 2021.
^FXCM can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
