Gerchik & Co adds 27 new ETF CFDs on MT4/5 platforms
Gerchik & Co adds 27 new ETF CFDs on MT4/5 platforms
As part of its strategy to expand trading opportunities, broker Gerchik & Co has announced the addition of 27 new U.S. exchange-traded fund (ETF) contracts for difference (CFDs), now available on MetaTrader 4 and MetaTrader 5.
Launched on October 28, 2024, these new tools provide users with access to entire market sectors through a single asset, as reported on the Gerchik & Co website.
The broker’s offerings span various sectors, including technology, healthcare, commodities, and bonds, bringing popular ETFs to traders. Notable options include the Direxion Daily Gold Miners Index Bear -2X Shares (DUST), iShares MSCI Brazil ETF (EWZ), iShares Silver Trust (SLV), and Vanguard FTSE Developed Markets ETF (VEA). These ETFs reflect a range of economic indicators and trends, providing traders with added benefits.
The trading parameters for these CFDs are structured to meet a broad spectrum of investor preferences and risk tolerance levels. The minimum ticket size for each ETF CFD is set at 1 lot, with maximum order sizes reaching up to 1,000 lots. Each contract includes a tick size of 0.01, with a tick value of $0.01 USD. Margin requirements vary by ETF: for example, Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) requires 100% margin, while iShares MSCI EAFE ETF (EFA) requires only 20%.
With ETF CFDs, Gerchik & Co traders can enjoy the same advantages as traditional ETF investors without the need to own underlying assets, offering greater flexibility for short-term speculation and leverage. ETF CFDs enable profit from both rising and falling markets, and through adjustments in margin requirements and swap rates, the platform supports dynamic trading strategies suited for various trading goals.
This new offering from Gerchik & Co is aimed at traders of all experience levels. For new investors, ETFs simplify market access, allowing them to invest in multiple companies within a sector through a single transaction. Meanwhile, experienced traders benefit from the added leverage of ETF CFDs and the ability to trade without direct asset ownership, providing greater capital flexibility.
Additionally, the broker has structured competitive commissions of $0.06 per lot for each new ETF CFD, keeping costs accessible while enhancing investment diversification.
The inclusion of these 27 ETFs highlights Gerchik & Co’s commitment to broadening market options for traders. This initiative allows clients to benefit from Gerchik & Co’s range of trading tools, fostering a robust platform for both high-risk and conservative trading strategies.
In September, Gerchik & Co introduced a prop trading program for beginner traders, enabling them to start a professional career by managing capital ranging from $5,000 to $100,000 without personal investment.
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