CFI Financial Group, a multi-regulated FX and CFDs brokerage firm, has expanded its service offering and trading products by incorporating CFDs on Exchange Traded Funds (ETF) on the MT5 platform.
Initially, 100 ETFs will be listed on the MT5 platform with plans to add more over the coming months.
Often promoted as cheaper and better than trading in futures markets, CFDs on ETFs have become one of the popular investment vehicles that offer low-cost diversification and arbitrage options for retail traders. The asset class typically tracks a stock market index and trades on an exchange so that it allows individuals to trade a basket of securities in a single transaction. Additionally, it creates the conditions for retail investors to trade the underlying asset with much better control of their exposure to risk margin.
As CFI continues to transfer activity to the MT5 terminal, it is imperative to increase the base of assets and products into the platform, in order to accommodate its entire client base.
The broker broadens its product line, which also includes currencies, commodities, equities and indices, as clients’ desire to garner exposure to regulated markets has been increasing. The inclusion of new EFTs CFDs not only helps expand trading capabilities for its clientele but also attracts more traders that are looking to diversify their trading options.
ParagonEX Dynamic – Building a Foundation for Brokers & Fintech ProvidersGo to article >>
CFI Continues to Introduce New Assets
Commenting on the news, founders and managing directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: “As one of the first to offer ETF’s on Metatrader 5 and likely the first ones to do so in the Middle East, we continue towards a path of providing an ever-improving environment and this time in the form of additional products to trade. Including CFD’s on Exchange Traded Funds on our platform is exciting for two main reasons: The wider range of products that helps traders and investors find new opportunities and the accessibility of the mentioned products directly on Metatrader 5, our main platform and an interface that has made trading more prevalent and easier to perform over the years.
“It’s a highly dynamic environment and with volatility remaining elevated across the markets, expanding our current range of products is a given to help our clients in finding new opportunities, hedging in-market exposure and helping them diversify when the need arises”, added Dr. Demetrios Zamboglou, Chief Operations Officer for the group.
CFI Group’s solutions encompass wealth management, portfolio advisory, treasury bonds, commodities and futures, stocks and ETFs, forex, online trading, credit facilities and fiduciary deposits.
Back in 2017, it launched its CFI-DIFC brand in Dubai as part of the brand’s strategy to further expand its footprint in emerging markets whilst reinforcing its premium positioning in the Middle East.
Credit Financier Invest (CFI) Dubai, which recently promoted Nidal Abdel Hadi to chief executive officer, is an online trading provider and part of the CFI Group with several entities around the world.