A SimpleFX has been offering high-quality trading services for over ten years. And from now on, you will have access to a huge expansion of the offer – the platform has expanded its portfolio to over 1000 trading assets from all over the world.
In this article, we will discuss:
Multiple benefits for traders
SimpleFX has decided to expand its offering with hundreds of stocks from companies around the world. From now on, the platform will offer assets from all continents. The inclusion of more countries on SimpleFX opens up countless opportunities for traders interested in the stock market. In addition, the platform now offers access to more cryptocurrencies!
- The platform has introduced several new regions to its offering, including Australia, Malaysia, Hong Kong, Republic of South Africa and Singapore.
- Additionally, SimpleFX has expanded into existing markets such as Brazil, Germany, France, Japan, Sweden and Türkiye.
- The addition of several new stocks provides several options to diversify investors' portfolios. traders, according to their trading styles and strategies.
- This expansion provides access to the global stock market on SimpleFX, due to the different time zones in which these markets operate.
- The platform allows traders to combine stock trading with related assets from different categories, including cryptocurrencies (Bitcoin and altcoins), commodities and metals (gold, oil, among others).
- The addition of 19 altcoins provides even more exposure to this emerging market. Cryptocurrencies such as Ripple and Toncoin have been attracting a lot of interest from traders around the world and are now available on the platform.
With over 1000 instruments available on SimpleFX, users can take advantage of multiple trading opportunities. The platform offers hundreds of other financial instruments from different categories, including forex currency pairs, the aforementioned cryptocurrencies, and global market indices.
Full NASDAQ and S&P500 offering available
The expansion focused mainly on US assets. SimpleFX decided to include ALL assets listed in the indices US100 e US500. These two indexes are considered benchmarks for the high-tech sector in the United States and for the entire national economy.
Why is this information so important for traders? Both the NASDAQ and the S&P500 are comprised of major US companies. The performance of these companies directly impacts the value of these indices. With over 500 US stocks available on SimpleFX’s offering, users can analyze this market in a variety of ways. Traders using SimpleFX’s Webtrader platform can benefit from a variety of tools that make technical analysis easier and more straightforward. You can choose whether to focus on major indices and large companies, or delve deeper into specific and varied sectors.
US stocks span a wide range of sectors. High-tech and artificial intelligence may be the most popular, but mining, energy, pharmaceuticals, fast-moving consumer goods (FMCG), financial services and retail all play crucial roles in the composition of the S&P500 and the US economy.
Important additions to SimpleFX’s offering
Check out some of the biggest highlights added to SimpleFX's offering, from around the world:
- BHP.AU: BHP is the largest mining company not only in Australia, but in the world. This giant conglomerate focuses on the export of iron ore, copper and nickel. The company represents about 10% of the Australian stock market, making it the undisputed leader in the country. Traders monitor the BHP share price due to its fundamental impact on the mining industry and the index ASX200.
- Tencent Holdings (HKG: 0700): Focused on the Far East market, Tencent operates in several areas related to the internet. The company created WeChat, the largest messaging app in the region, and has invested heavily in the gaming sector. Tencent has stakes in companies that created Roblox, Fortnite and League of Legends.
- Intel (INTC.US): Famous for decades for its technological solutions, Intel is constantly evolving to meet the needs of its customers. This technology giant, listed on NASDAQ, is currently focusing on implementing artificial intelligence in its devices for individual and corporate customers.
- RTX Corp (RTX.US): One of the largest companies in the aerospace and military industry. RTX Corporation develops products related to the defense sector, such as aircraft engines, aerospace structures and solutions cyber security. With the geopolitical scenario unstable, military sector stocks have gained prominence among traders around the world.
- Ripple (XRPUSD): A currency that represents a digital payment protocol that aims to enable fast and low-cost international transactions. It is used by financial institutions to facilitate real-time settlements and reduce transaction fees. Ripple's infrastructure is widely adopted by banks and payment networks as an infrastructure for settlement technology.
Continuous Quality Improvement
SimpleFX is focused on improving its features and services. The expanded offering is one of several updates and additions implemented by the platform, which continues to bring new solutions to make the trading experience more convenient.
The platform has also expanded its registration options. Traders can now choose between the jurisdictions of SVG (Saint Vincent and the Grenadines) and MU (Mauritius) to register and start trading. Both options offer unique opportunities for those looking to trade their preferred assets.
Furthermore, SimpleFX recently added withdrawal and deposit options via Visa and Mastercard credit cards for fiat currencies. This option is available for USD and EUR accounts after certain conditions are met. The platform clearly demonstrates its commitment to meeting the needs of its customers by providing a comfortable trading experience.
It is worth remembering that SimpleFX also offers 20 cryptocurrency deposit methods and has cutting-edge solutions in terms of cybersecurity and transaction speed. With the expanded offering and a demo account available for new users, SimpleFX is the ideal platform to start your trading journey and take the next steps in investing.
