The new products enable traders to increasingly invest in the commodity market.
The new products expand FP Markets soft commodities portfolio to nine.
Cocoa (Cocoa /USD)
FP Markets also added the following new soft commodities portfolio to its existing business lines:
West Texas Intermediate Crude Oil (WTI)
West Texas Intermediate Crude Oil Cash (XTI/USD)
Brent Crude Oil Cash (XBR/USD)
Natural Gas (XNG/USD)
US Coffee (COFFEE)
The company said that it launched the new product offerings after seeing increased demand from a new class of traders in the market who are interested in such soft commodities. FP Markets is, therefore, positioning such new services as high-end solutions for serious traders. The products are available on Android and iOS devices for those traders who want to access them, the firm said.
Craig Allison, the Chief Executive Officer (Europe) and Head of EMEA at FP Markets talked about the development: “FP Markets is continually striving to provide exciting trading opportunities for traders around the globe and is consistently adding new financial tools, products, assets and state-of-the-art technology. FP Markets combines award-winning fast execution, deep liquidity , tight spreads with cutting-edge platforms and multilingual customer support, which are the key ingredients that give traders the knowledge and confidence to trade.”
Expanding into Financial Services from Adjacent Markets
In November last year, FP Markets was recognized as the Best Global Forex Value Broker 2021, Best Forex Trading Experience EU 2021 and 'Best FX Broker Australia' 2021 for a second consecutive year. As a result, the firm continues to set the benchmark in CFDs and Forex . The firm shines as a low-cost broker for trading forex and CFDs, as long as traders use the MetaTrader platform.
Last year, FP Markets launched a new copy trading service to enable novice traders to get a feel for complex financial markets. The new social trading service enables novice traders, to be a Copier, to follow the activity of successful and experienced traders before risking funds on their own ideas. The platform ranks its successful traders based on their profitability. Copiers can view their full trading history and performance to evaluate their success for themselves.
