FXOpen launches 19 new ETF CFDs for exposure to India, Argentina, China, etc

Rick Steves

“The addition of these 19 new ETF CFDs to the TickTrader platform, reflects our dedication to meeting the evolving needs of our traders, allowing them to access a broader spectrum of trading opportunities, catering to diverse trading preferences and strategies. We believe that this expansion will only serve to enhance the trading experience our clients have at FXOpen.”

FXOpen, the prominent forex and CFD broker, has expanded its CFD offering with 19 new Exchange-Traded Funds (ETFs) as part of the brokerage firm’s commitment to providing diverse trading opportunities.

Available on the FXOpen TickTrader platform, these new CFDs include 17 ETFs from Global X and two from iShares by BlackRock. The Global X ETFs are traded at the New York Stock Exchange (NYSE) Arca, an advanced Electronic Communications Network (ECN). The ETF CFDs offer leveraged trading options, up to 1:5.

Gary Thomson, COO of FXOpen UK, noted that these new ETF CFDs on the TickTrader platform cater to varied trading preferences and strategies, aiming to enhance clients’ trading experiences.

“At FXOpen, we are committed to providing our clients with innovative and diversified trading opportunities. The addition of these 19 new ETF CFDs to the TickTrader platform, reflects our dedication to meeting the evolving needs of our traders, allowing them to access a broader spectrum of trading opportunities, catering to diverse trading preferences and strategies. We believe that this expansion will only serve to enhance the trading experience our clients have at FXOpen.”

FXOpen, established in 2005, consistently positions itself as a client-focused broker. The firm remains at the forefront of the online trading sector, offering over 600 markets with competitive spreads. Its global presence is bolstered by regulation through FCA, CySEC, and ASIC in its London, Cyprus, and Australia offices.

A deeper look into the newly added ETF 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. 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. FXOpen offers spreads from 0.0 pips and commissions from $1.50 per lot.

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.

10 Chinese market-focused ETF CFDs

Let’s delve into 10 Chinese market-focused ETF CFDs now available on the FXOpen’s TickTrader platform, all administered by Global X on the New York Stock Exchange’s Arca electronic communication network (ECN).

Global X MSCI China Information Technology ETF (CHIK):

Designed to expose investors to the Chinese information technology sector, CHIK reflects the performance of Chinese companies leading the way in information technology. This ETF enables diversification within the tech industry, offering traders a way to spread risk across multiple companies in this rapidly advancing sector.

Global X MSCI China Consumer Staples ETF (CHIS):

Seeking to provide exposure to the Chinese consumer staples sector, CHIS focuses on essential products with consistent demand, regardless of economic conditions. As a defensive stock option, it can provide stability during economic downturns, making it appealing to traders.

Global X MSCI China Health Care ETF (CHIH):

Offering exposure to the Chinese healthcare sector, CHIH includes companies in pharmaceuticals, biotechnology, medical equipment, and healthcare services. With the growing demand for healthcare services in China, this ETF presents opportunities for traders interested in the sector’s growth potential.

Global X MSCI China Real Estate ETF (CHIR):

CHIR allows investors to participate in the Chinese real estate sector’s performance, encompassing property development, real estate investment, and related activities. Traders may engage with this ETF based on expectations of growth or volatility in the Chinese real estate market.

Global X MSCI China Communication Services ETF (CHIC):

Providing exposure to the Chinese communication services sector, CHIC includes companies in telecommunications, media, and other communication-related activities. Given the significance of this sector in China’s modern economy, traders may be drawn to its growth potential.

Global X MSCI China Energy ETF (CHIE):

Traders considering global energy trends and their impact on China’s energy sector may find CHIE appealing. This ETF aligns with broader energy trends and geopolitical factors influencing the energy market, allowing investors to navigate commodity price fluctuations.

Global X MSCI China Industrials ETF (CHII):

Actively involved in infrastructure development projects, China is a world leader in this sector. CHII enables traders to participate in the growth potential associated with China’s investments in infrastructure, including transportation and construction.

Global X MSCI China Materials ETF (CHIM):

Providing exposure to the Chinese materials sector, CHIM includes companies involved in the production of raw materials, chemicals, metals, mining, and other materials-related activities. With China’s role as a global leader in material extraction, this sector remains in high demand.

Global X China Biotech Innovation ETF (CHB):

CHB exposes investors to the Chinese biotech sector, capturing innovations and advancements in biotechnology and healthcare. As China invests significantly in biotech research, this ETF offers opportunities in drug discovery, development, and healthcare innovation.

Global X MSCI China Utilities ETF (CHIU):

With China’s ongoing infrastructure development and urbanisation, CHIU provides exposure to companies offering essential services. Utility companies are known for their stability, making them attractive to traders seeking steady investments.

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