Switzerland’s forex bank and broker, Dukascopy has just expanded its offering to include 405 new stock CFDs such as Harley-Davidson, Spotify, Dell, Puma and others from US, UK, Germany, France, Switzerland, Netherlands and Spain.
In a blog on its website, Dukascopy noted that the new offering was the result of a pent up interest in the trading of contracts-for- differences (CFD). It also expands the broker’s total number of stocks and ETfs to 1046. Indeed, many other brokers have recently opted to diversify into multi-asset trading, namely expanding their CFDs portfolio.
The broker further states that the new release is primarily focused on servicing the existing trading needs of their client base. Traders, both new to the platform as well as those longer-tenured have both expressed a desire to trade from a multi-asset, single-margin account.
The decision to broaden its offering into CFDs should yield immediate benefits for Dukascopy, especially given the affinity of the instrument by clients and the maturation of the CFD market across the industry.
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