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xCFD boost retail trading presence in New Zealand

xCFD

It’s an exciting time to be a retail trader. With the evolution of trading technology, mobile devices and real-time news and information, investors are able to keep track of their portfolios and respond to price fluctuations at the click of a button.

While the basic fundamentals of financial trading remains the same (buy low, sell high is still the name of the game) the tools and mediums for participating in financial trading for retail traders continue to evolve.

xCFD, the next generation online CFD and retail broker headquartered in New Zealand, has already made a name for itself as a revolutionary trading platform, intuitively developing innovative products to meet the demands of New Zealand’s rapidly evolving retail trading market.

The state of the art trading system allows its clients to trade all instruments through a single account, thus offering optimal portfolio management and streamlining of the trading process.

Traders are currently able to trade from multiple devices and operating systems, including Mac OS X, Windows, Linux, Web, Android and iOS, ensuring traders can easily manage their portfolio and react to the markets in real-time whilst on the move.

Accessibility is one of the key reasons why retail FX market has grown to become a global industry. xCFD’s mobile app offers access to live market quotes and execution, real-time monitoring and full trading, position and order management. In a global market that offers an abundance of liquidity and trading counterparties, this has become critical, particularly for asset classes such as foreign exchange, which now operates in a 24-hour cycle.

xCFD provides its customers smarter trading with low spreads and no hidden costs on 700+ instruments across stocks, commodities, indices, currencies, options and more. Clients are able to begin trading with as little as $US100 and benefit from low spreads and 0% commission on transactions. Since its launch in September, customer numbers in New Zealand continue to grow significantly as xCFD boosts its position in its home market.

It is important to offer a degree of flexibility to ensure retail traders can personalise their trading styles to suit their individual needs and preferences. This requires platform providers to offer a comprehensive range of features that caters to traders with varying styles and levels of experience.

A key USP of the platform driving this success relates to xCFD’s flexibility surrounding deposit methods. Clients are currently able to fund their trading accounts through more than 20 deposit methods, the latest addition being the increasingly popular crypto-currency, Bitcoin.

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