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FXTM added a new currency and stock indices

FXTM added a new currency and stock indices

New indices are now available for FXTM clients. This allows you to trade in the so-called "basket" style. New asset transactions are available through an FXTM ECN MT4 account. In addition to 6 currency indices, the broker has launched 5 new stock indices, which will be available with a commission of only 20 cents per lot.

“In 2020, increased volatility in financial markets has revived interest in trading. To provide even more earning opportunities, our team has launched new currency and equity indices with zero spreads on major currency pairs”, - said Charis Mountains, chief dealer of Exinity Group.

FXTM offers the following new currency indices:

  • U.S. dollar
  • euro
  • JPY
  • GBP
  • Australian dollar
  • NZD

FXTM has clearly indicated which currencies are included as counterparties in each basket. For example, the EUR Index will reflect the fluctuations in the price of the euro against a basket of US dollar, Swiss franc, British pound, New Zealand dollar and Canadian dollar.

In addition to the aforementioned currency indices, FXTM has created its own stock indices:

  • Social Media Index - includes Facebook, Twitter, Snapchat and Google
  • Green Index - includes Tesla and Beyond Meat
  • Vegan Index - includes Beyond Meat and Archer-Daniels
  • Mobile Index - includes Apple and Verizon
  • Space Wars Index - includes Boeing and Lockheed Martin

Do you want to know more about the trading opportunities offered by this broker? Read the expert FXTM review on our website.

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