CFI Financial Group (CFI), a forex and contracts for differences (CFDs) broker, has expanded its offerings with the addition of more than 3,500 US-exchange based stocks on the MetaTrader 5 platform.
“Adding US exchange -based stocks made perfect sense for long-term traders seeking the full ownership experience and without having to pay exorbitant fees,” Hisham Mansour and Eduardo Fakhoury, the Co-Founders and Managing Directors at CFI, said in a joint statement.
Like any other trading platform, CFI is focusing on lowering the investment barrier for retail investors. Apart from increasing the number of instruments, the broker launched fractional stock trading earlier this year to lower the entry barrier for retail investors.
“At $0.005/share, no minimum account and commission as low as $1 per trade, it is now easier than ever to start investing, and this will play an important role in allowing traders to become a part of the financial markets. All of this is in line with our vision of becoming the brand for all things investing and trading,” Mansour and Fakhoury added.
Expanding Offerings
The latest addition of stocks came months after the broker added another 7,000 global stock CFDs earlier this year. With this, the platform now offers trading services with over 11,000 financial instruments, including currency pairs, stocks, commodities, ETFs and cryptocurrencies .
“We are reaping the rewards of having heavily invested in CFIs trading infrastructure and technology. This has not only allowed us to offer some of the best trading conditions in the industry but also gave us the foundation needed to always add new products,” said Dr Demetrios Zamboglou, the Chief Operating Officer at CFI.