iFOREX adds non-leveraged CFDs for long-term investment goals

Rick Steves

“This expanded selection of non-leveraged stock derivatives provides an even more level trading field for traders of all degrees of experience, while equipping them with more potential opportunities to achieve their long-term investment goals.”

The BVI-based operation of iFOREX has expanded the offering of trading instruments on its CFD platform to include a wide range of non-leveraged stock derivatives and cryptocurrencies.

The FX and CFD brokerage headquartered in the British Virgin Islands made the new selection of non-leveraged products available to traders in the Latin American market.

The new range of instruments includes a variety of shares and cryptocurrencies including Apple, Intel, Tesla, Bitcoin, Ethereum, and many others.

In 2021, iFOREX added 70 non-leveraged instruments to its offering available through its proprietary platform, FXnet. The move pushed the total number of such instruments to around 100.

In regard to the new product expansion, the broker was unclear how many new non-leveraged CFD instruments were added and how many are now available for investors.

Non-leveraged trading ideal of long-term investment goals

Since non-leveraged instruments are executed at a 1:1 ratio (margin:deal size), this offering is intended to provide increased opportunities to traders with long-term investment goals by lessening market exposure and portfolio risk, as well as exempting clients from overnight financing fees on long positions, which can maximize the amount of time they can hold onto instruments without incurring maintenance or holding fees.

Non-leveraged instruments are suited for both traders with a large volume as well as medium-small traders who prefer lower-risk investments.

“This expanded selection of non-leveraged stock derivatives provides an even more level trading field for traders of all degrees of experience, while equipping them with more potential opportunities to achieve their long-term investment goals”, said a spokesperson of the BVI-based entity iFOREX.

“As a broker focused on providing clients with exemplary trading conditions as well as access to education, we believe clients both old and new will be able to take advantage of the impressive range of non-leveraged instruments on offer, in addition to our already broad and diverse selection of tradeable CFD instruments and forex pairs.”

The British Virgin Islands-based entity of iFOREX is operated by BVI FSC-authorized Formula Investment House Ltd. The broker has been around for over 25 years.

iFOREX also has a CySEC-authorized entity that caters to users residing in the European Union and complies with all rules and regulations in effect, including lower maximum leverage on CFD products than what is allowed in the British Virgin Islands.

The broker has recently launched a new educational channel, Trading Rooms, which provides users with access to top investment experts as they look to open live CFD trading deals on forex, cryptocurrency, shares, indices, and commodities.

Read this next

Digital Assets

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors.

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

blockdag

BlockDAG Presale Tops $20.7M! Here’s How to Buy BDAG Coins with USDT and Ethereum for Explosive Gains of 30,000x

Early investors are looking at potentially significant returns in its tenth batch at $0.006 per coin.

Retail FX

Exclusive: Prop firm Funded Engineer faces lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract.

Market News, Tech and Fundamental, Technical Analysis

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).

Digital Assets

US crypto miner and founders hit with $5.6 million fraud charges

The U.S. Securities and Exchange Commission (SEC) has filed charges against Texas-based cryptocurrency mining and hosting company Geosyn, and its co-founders Caleb Ward and Jeremy McNutt.

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

<