OANDA, an international regulated online broker, has expanded its offer of contracts for difference (CFDs) not only on European stocks but also on popular US and UK stocks. The launch was presented by the Global Markets division.
Traders can now diversify their investments using CFDs on shares of companies attracted from various sectors from the indicated countries. CFDs are available to clients on selected stocks such as BP and Vodafone in the UK and Tesla, Amazon, and Apple in the US.
Interest in CFDs is growing as they offer traders the opportunity to profit from price changes without owning the underlying assets.
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Meanwhile, OANDA recently moved its European operations to Poland by acquiring Dom Maklerski TMS Brokers S.A., the oldest and second-largest local brokerage firm in Poland.
OANDA aims to strengthen its position in Europe through TMS, under the new name OANDA TMS. The new organization is regulated by the Polish Financial Inspectorate.
OANDA also introduced Cryptocurrency trading to its US market in late 2022, allowing its clients in the country to trade spot Cryptocurrencies on the itBit Paxos exchange from within the OANDA mobile app.