Axi, the Australia-based MT4 trading platform, recently introduced share CFDs to the platform. The move was in an effort to extend its product offerings.
Axi, previously called AxiTrader, announced the CFDs in an interview with Finance Magnates. The platform is considering adding the CFDs of the top 50 organizations within Europe, the UK, and the US. The list will include well-known and liquid stocks like Netflix, Apple, and Amazon.
Louis Cooper, Axi’s Chief Commercial Officer, commented on the situation. According to him, Axi intends to assist traders in finding the best opportunities in the market. The company believes that share CFDs will help achieve this objective.
Axi is already offers trading solutions with CFDs and currency prices of commodities, cryptocurrencies, and indices. With the addition of share CFDs, its product line will evolve further. Traders can access the financial instrument on its MetaTrader 4 platform.
Louis believes that most of the trading products come from organizations that are leading the industry. The CCO cited Tesla and Facebook as an example. This is why Axi offers share CFDs without any commission charges to help traders deal with popular companies without any hassle.
Rajesh Yohannan, the CEO of Axi, also talked about the development. He that Share CFD trading provides the ability to capitalize on trades with a relatively minor amount to gain complete exposure to the market.
Share CFDs are esteemed trading prospects, and with Axi’s no commission and promotional prospects, it becomes an all-rounded package. As a result, Rajesh expects both new and existing traders will use the tool and get an edge on the competition.