The FinancialFXOpen, a global leader in forex and CFD brokerage, has broadened its financial product range by launching Hong Kong share CFDs on its TickTrader platform. This move is designed to cater to the increasing client demand for diverse trading options and access to one of Asia’s most dynamic financial markets.
Gary Thomson, Chief Operating Officer at FXOpen UK, highlighted the strategic decision, stating: “We are excited to provide our traders the chance to engage with Hong Kong stock CFDs via our TickTrader platform. This initiative is part of our continued commitment to access premium financial markets globally, and we anticipate it will enable our clients to leverage new trading opportunities effectively.”
The TickTrader platform will feature a wide array of Hong Kong-listed share CFDs including Tencent HK, Alibaba HK, Meituan HK, Xiaomi HK, JD.com HK, BYD HK, Baidu HK, NetEase HK, China Mobile HK, and China Petroleum HK. This addition not only enhances FXOpen’s offerings but also provides traders with a vital link to the Chinese markets.
In a promotional gesture, FXOpen has announced that trading these Hong Kong share CFDs will be commission-free for a limited period. This decision supports portfolio diversification and allows traders to capitalize on market movements without the initial cost of commissions.
Hong Kong is often recognized as the ‘New York of the East’ due to its robust financial market that has seen significant growth over the years. The Hang Seng Index, a barometer of market health in Hong Kong, continues to show resilience in the face of global economic uncertainties, thus boosting investor confidence.
Established in 2005, FXOpen has been at the forefront of providing competitive trading conditions, including access to more than 600 markets, with spreads starting from 0.0 pips. The company operates worldwide with regulated entities in London, Cyprus, and Australia.
The brokerage firm also recently enhanced its ECN liquidity to offer the tightest spreads possible for traders. In a further step to equip its clients with powerful trading tools, FXOpen has partnered with TradingView, a leading charting and social trading platform.
These enhancements and the broadened product portfolio underscore FXOpen’s commitment to facilitating advanced trading conditions and meeting the diversified needs of its global clientele.