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FOREX.com Expands its Offering in Canada
Abstract：FOREX.com will be offering $0 Commission CFD stock trading through July 1st, 2022
FOREX.com, a trading name of GAIN Capital- FOREX.com Canada Limited, a wholly-owned subsidiary of StoneX Group Inc. (NASDAQ: SNEX), today announced the expansion of its offering in the Canadian market by offering over 2,500 new tradeable markets to Canada-based investors. FOREX.com also disclosed that it would offer Canadian customers commission-free CFD stock trading through July 1st, 2022. Bid/ask spread cost will still apply. Already the #1 FX broker in the U.S.*, this broader Canadian offering further expands FOREX.com's footprint in the Americas.
Glenn Stevens, CEO of the retail business of StoneX Group Inc., commented on the news, “Our mission at StoneX is to open markets, and this expansion of our FOREX.com offering in the Canadian market is an important part of providing comprehensive access to the retail investor. We also give retail investors the ability to trade the way they want by providing access to fractional shares of indices and commodities and reducing our commissions.”
The 2,500 new markets include the most popular stocks in the global markets such as Robinhood, Coinbase and Snowflake, bringing FOREX.COM's total Canadian offering to 3,000 products. These expanded offerings will provide traders in Canada with a wide range of choices in the CFD market, while also adding the ability to trade in fractional shares for indices and commodities. The expanded offering will also give FOREX.com users the ability to trade according to their personal preferences by providing access to smaller-sized contracts – as low as C$0.01.
“Providing a broader product offering with competitive pricing for our Canadian clients is a top priority for us,” said Sixto Alonso, Regional Director of FOREX.com Americas. “For 20 years, we've been dedicated to bringing major markets to our global clients, and the investment in our Canadian service marks the latest demonstration of this commitment.”
To see the new FOREX.com offerings for the Canadian market, please visit: https://www.forex.com/en-ca/.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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