SimpleFX has
been providing top-quality trading services for over ten years. From now on,
you will have access to the massive offer extension – the platform has extended
its portfolio to over 1000 trading assets from all over the world.
Multiple benefits for
the traders
SimpleFX decided to extend its offer to hundreds of
equities from all over the world. From now on, the platform will offer assets
from every continent inhabitant. More countries listed on SimpleFX open up
numerous opportunities for traders interested in the stock market.
Additionally, the platform gives access to more cryptocurrencies!
- The platform has introduced several new regions to its offer, including Australia, Malaysia, Hongkong, the Republic of South Africa, and Singapore.
- Moreover, SimpleFX has broadened its existing markets, such as Brazil, Germany, France, Japan, Sweden, and Turkey.
- Multiple new equities provide numerous options to diversify traders’ portfolios, depending on their style of trading and attitude.
- This extension gives access to the worldwide stock market on SimpleFX due to the diverse time zones in which certain markets operate.
- The platform enables traders to cross their equities’ trading with related assets from different categories, including cryptos (Bitcoin and altcoins) or commodities and metals (gold, oil, and more).
- Additional 19 altcoins provide even more exposure to this emerging market. Cryptos such as Ripple and Toncoin generate huge interest from worldwide traders and now are available on the platform.
With over 1000 instruments available on SimpleFX, users can
benefit from multiple trading opportunities. The platform offers hundreds of
other financial instruments from different categories, including forex currency
pairs, already-mentioned cryptocurrencies, and indices from worldwide markets.
Complete NASDAQ and
S&P500 offer available
The extension was focused mostly on the American assets.
SimpleFX decided to add EVERY asset listed on the US100 and US500
indexes. These two indices are treated as benchmarks for the American hi-tech
environment and the whole national economy.
Why is it such essential information for traders? Both
NASDAQ and S&P500 consist of the leading companies in the United States.
Their performance directly impacts these indices’ value. With over 500 American
equities listed in the SimpleFX offer, users can analyze this market in
numerous ways. Traders using the SimpleFX Webtrader platform can benefit from
various tools that make technical analysis as easy as possible. It’s up to you
whether you want to focus on the major indices and biggest companies or dig
deeper into diverse sectors.
American equities cover multiple branches. Hi-tech and AI
may be the most popular, but mining, energy, pharmaceutical, FMCG, financial
services, and retail play crucial roles in shaping the S&P500 and the
American economy.
Notable additions to the
SimpleFX offer
Here are the biggest additions to the SimpleFX offer from
all over the world:
- BHP.AU: BHP is the biggest mining company not only in Australia but also worldwide. This giant conglomerate focuses on exporting iron ore, copper, and nickel. The company is responsible for about 10% of the entire Australian sharemarket, making it the unprecedented leader in the Down Under. Traders monitor BHP stock price due to its fundamental impact on the mining industry and the ASX200 index.
- Tencent Holdings (HKG: 0700): Focused on the Far Eastern market, Tencent operates in multiple internet-related areas. The company has introduced WeChat, the biggest communicator in the region, as well as heavily invested in gaming. Tencent owns stakes in companies that created Roblox, Fortnite, and League of Legends.
- Intel (INTC.US): Known for its technological solutions for decades, Intel constantly improves and evolves to meet its customers’ needs. The tech giant, listed on NASDAQ, currently focuses on implementing AI in its devices for both individual and business clients.
- RTX Corp (RTX.US): One of the largest companies in the aerospace and military industry. RTX Corporation develops defense-related products such as aircraft engines, aerostructures, and cybersecurity solutions. Due to the uncertain geopolitical situation, equities from the military sector gain a lot of attention from traders worldwide.
- Ripple (XRPUSD) is a coin representing a digital payment protocol that aims to enable fast, low-cost cross-border transactions. It’s used by financial institutions to facilitate real-time settlements and reduce transaction fees. Ripple’s infrastructure is widely adopted by banks and payment networks as a settlement infrastructure technology.
Continuous development
SimpleFX concentrates
on constantly improving its features and services. The offer extension is one
of many additions to the platform that keeps providing new solutions to make
the trading experience more convenient.
The platform has extended its registration options. Now,
traders can choose between SVG and MU jurisdictions to register and start
trading. Both options give unique opportunities for users who want to engage in
trading their favorite assets.
Moreover, SimpleFX has recently added options for
withdrawals and deposits via Mastercard and Visa credit cards for fiat
currencies. This option is available for USD and EUR accounts after meeting
certain conditions. It looks like the platform aims to meet clients’ needs and
wants to deliver a comfortable trading experience.
Keep in mind that SimpleFX still owns 20 deposit methods
via crypto and has state-of-the-art solutions regarding cybersecurity and the
speed of transactions. With the extended offer and a demo account for new
users, the platform is a perfect place to start your trading journey and take
the following steps in investing.
This article was written by FL Contributors at www.forexlive.com.