just now
OANDA clients in emerging markets can now trade share CFDs on their platform alongside CFDs on a wide range of asset classes, such as indices, forex, commodities, metals, bonds, and cryptocurrency.
March 20, 2023 - OANDA, an online multi-asset trading service announced that it has expanded its contracts-for-difference offering in its Global Markets division by adding share CFDs on US and UK listed equities.
This is a new addition to OANDA’s offering, which already includes share CFDs on European equities. It will increases the trading options available to clients, who can now use CFDs to seek exposure to popular US and UK stocks.
Following this announcement, OANDA now allows retail traders to trade CFDs on individual company shares, such as BP and Vodafone in the UK, and Tesla, Amazon, and Apple in the US.
Commenting on this development, Phil Waters, Head of APAC & Emerging Markets, said: "Interest in CFDs has been surging globally as they offer traders and investors the opportunity to profit from price changes without owning the underlying assets. CFDs give exposure to markets that are trending downward as well as upward, allowing traders to take positions even when volatility is high.
Enabling clients to build leveraged exposure to the most popular listed corporations, including many familiar US companies across a variety of sectors, provides them with valuable diversification opportunities."
