FXOpen, an international brokerage company, announced that it has lowered the minimum trade size to 0.01 from 0.1 lot on index CFDs. This means less margin is required to place a trade, and it allows traders to trade index CFDs in a smaller size.
Combined with the broker’s recently launched commission free trading on index CFDs, and the increasingly tight spreads offered, FXOpen our clients get the most affordable, convenient and beneficial trading experience possible.
Average spreads for some of the most popular global indices:
- UK 100: 0.8 pips- Germany 40: 0.8 pips- US Tech 100: 1.1 pips- Wall Street 30: 1.6 pips- Japan 225: 7 pips
At present, FXOpen offers over 600 trading instruments, including index CFDs, Forex, stock CFDs, commodities CFDs, and cryptocurrency CFDs.
FXOpen is a company established in 2003 in Cairo as a training center. At present, FXOpen provides a full range of services for active and passive trading for more than 1 million clients from 100 countries across the world.