Exploring FXOpen’s Latest Offering: ETF CFDs Unlock Access to American, Chinese, and Indian Markets
In the dynamic realm of retail electronic financial markets, opportunities abound as new and significant instruments emerge regularly. FXOpen, committed to expanding the range of accessible tradable assets, has recently introduced 19 exchange-traded funds (ETFs) as Contracts for Difference (CFDs).
These 19 CFDs encompass a diverse array of exchange-traded funds, with 17 sourced from the New York-based Global X and the remaining 2 from iShares, a BlackRock ETF product range. ETFs, structured as pooled investment securities akin to mutual funds, provide investors with a convenient and diversified means to navigate global markets.
Let’s delve into a snapshot of eight of the newly added funds on FXOpen’s TickTrader platform, examining their roles in the current marketplace.
Global X Telemedicine & Digital Health ETF (EDOC):
The surge in telemedicine development has garnered significant attention over the past year. EDOC tracks companies involved in telemedicine, showcasing the rapid advancements in this field driven by AI.
Global X Interest Rate Hedge ETF (RATE):
As the US experiences a central bank’s continuous interest rate hikes, RATE serves as a strategic safeguard against substantial increases in long-term interest rates. The fund employs various instruments, including long interest rate swap options.
Global X 1-3 Month T-Bill ETF (CLIP):
Focused on Treasury Bills, CLIP aligns with the Solactive 1-3 Month US Treasury Bill Index. Against the backdrop of US government fiscal considerations, this ETF becomes particularly relevant amid concerns about bond acquisitions.
iShares India 50 ETF (INDY):
Tracking the largest 50 publicly-listed corporations in India, INDY offers exposure to a rapidly developing economic region dominated by major technological and engineering companies.
iShares MSCI India ETF (INDA):
Administered by BlackRock’s iShares, INDA tracks the performance of a series of Indian equities, presenting an investment opportunity in one of the world’s fastest-growing economies.
Global X MSCI Vietnam ETF (VNAM):
For traders and investors seeking diversification in their portfolios, this specific ETF offers a convenient avenue to access Vietnam’s diverse market segments, encompassing large, mid-sized, and small-cap companies.
Global X MSCI Argentina ETF (ARGT):
Reflecting the performance of the MSCI All Argentina 25/50 Index, ARGT addresses the unique challenges of Argentina’s resource-rich yet volatile economy.
Global X MSCI China Financials ETF (CHIX):
Focused on China’s diverse and often domestically oriented financial markets, CHIX tracks a capitalisation-weighted index of large- and mid-cap Chinese financial companies.
Global X Blockchain ETF (BKCH)
BKCH offers exposure to blockchain technology companies, including cryptocurrency developers and applications like supply chain management, smart contracts, and DeFi. Investors keen on innovative startups and solutions may be interested. Note that blockchain projects often carry higher risks than traditional sectors.
These ETF CFDs on the TickTrader platform offer investors an avenue to diversify portfolios and gain exposure to diverse markets without the complexities of direct stock purchases. In part two of our exploration, we will take a closer look at newly added ETFs focusing on Chinese industry, technology, retail, and infrastructure. Stay tuned for deeper insights into these exciting additions to FXOpen’s offering.
FXOpen offers spreads from 0.0 pips and commissions from $1.50 per lot. Enjoy trading on MT4, MT5, TickTrader or TradingView trading platforms!
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.