CFI Financial expands MT5 offering with access to 3,500 US stocks
CFI Financial Group, a multi-regulated FX and CFDs brokerage firm, has expanded its service offering and trading products by incorporating new markets, namely more than 3,500 US exchange-based stocks on MetaTrader 5.
As CFI continues to transfer activity to the MT5 terminal, it is imperative to increase the base of assets and products into the platform, in order to accommodate its entire client base.
The recent additions increase the number of tradable assets at CFI to 11,000 products, covering stocks, forex pairs, commodities, indices, ETFs and cryptocurrency markets.
The broker broadens its product line, which also includes currencies, commodities, equities and indices, as clients’ desire to garner exposure to regulated markets has been increasing. The inclusion of new markets not only helps expand trading capabilities for its clientele but also attracts more traders that are looking to diversify their trading options.
Commenting on the news, the Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: “Adding US exchange-based stocks made perfect sense for long-term traders seeking the full ownership experience and without having to pay exorbitant fees. At $0.005/share, no minimum account and commission as low as $1 per trade, it is now easier than ever to start investing and this will play an important role in allowing traders to become a part of the financial markets. All of this is in line with our vision of becoming the brand for all things investing and trading”.
FinanceFeeds webinar: Expert panel to discuss market data for multi-asset brokerages
CFI continues to introduce new assets
Dr. Demetrios Zamboglou, Chief Operating Officer of the CFI Financial Group added: “We are reaping the rewards of having heavily invested in CFI’s trading infrastructure and technology. This has not only allowed us to offer some of the best trading conditions in the industry, but also gave us the foundation needed to always add new products.”
CFI Group’s solutions encompass wealth management, portfolio advisory, treasury bonds, commodities and futures, stocks and ETFs, forex, online trading, credit facilities and fiduciary deposits.
Back in 2017, it launched its CFI-DIFC brand in Dubai as part of the brand’s strategy to further expand its footprint in emerging markets whilst reinforcing its premium position in the Middle East.
The company made headlines earlier this year when it has signed Lebanon’s Information Minister George Kordahi as its Brand Ambassador. The company sought to raise awareness of online trading through an affiliation with the media celebrity.
While some, out of curiosity, were speculating how much the deal cost CFI Financial, the firm has not revealed an exact figure. Others may wonder at the rationale behind spending big money to sign the ex-host of the Arabic version of Who Wants to Be a Millionaire, who is widely considered one of the prominent TV presenters in the Arab World.
CFI Financial will definitely use the partnership to raise regional awareness of its online CFD trading services and increase mainstream use of its trading platform. The campaign’s motto, ‘Empower Yourself’, may reflect the nature of this deal.