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

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

<