Financial Commission approved broker member Garnet Trade has announced the addition of new CFD products available for trading. The most recent statistics show that the Covid-19 pandemic across the world has affected global financial markets, including Forex. As a result of the recent analysis published by the Australian Securities and Investments Commission (ASIC) and demand from the retail traders, the company now offers an exclusive list of CFDs and cryptocurrencies in addition to its existing product set. The broker has announced that the new products will be available to trade on July 1, 2020.
The Covid-19 situation remains incredibly fluid and will certainly continue to impact stocks and equity markets in the near future. As such, Garnet Trade is providing an opportunity for traders to take advantage of such market movements by making new equity and stock CFDs available on the broker’s MetaTrader5 platform. The new products include globally recognized and desired indices and cryptocurrencies such as Netflix, Tesla, Ethereum, and Litecoin.
In addition to the new product launch, the broker has focused on providing new high-tech tools for traders that have been created and integrated into Garnet Trade’s MT5 platform. These tools help with market analysis, assist in accurately calculating trades, and ultimately providing the customer with a better chance at success.
Like other approved broker members of the Financial Commission, Garnet Trade remains committed to bettering the financial services industry. Amid the Covid-19 pandemic, the broker has indicated that they plan to support new efforts in health and humanitarian assistance via partnerships with organizations worldwide, which will be announced in the third quarter of 2020.