ATFX goes all in on US equities: FX broker adds 113 US stock CFDs

With the addition of 113 US equity CFDs, ATFX has over 300 tradable instruments, of which 273 are equity CFD products.

ATFX has launched 113 U.S. Equity CFDs in line with client demands and market trends, with new CFD products available to its global client base.

The expanded product offering now includes trendy Chinese companies such as XPeng Motors and Tencent Music, which are listed in the United States, as well as 11 CFDs on French stocks.

With the addition of 113 US equity CFDs, ATFX has over 300 tradable instruments, of which 273 are equity CFD products.

The FX and CFD broker has a global presence and is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Services Commission (FSC) in Mauritius and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

Addressing all traders around the world, ATFX offers customer support in over 15 languages ​​and its product line includes Forex, Precious Metals, Energy, Indices, and Stocks traded as CFDs.

ATFX Connect, the institutional arm of the broker, is a very active subsidiary of the brokerage group. It was launched in 2019 to provide an efficient automated trading platform that provides liquidity solutions to hedge funds, asset managers, brokers, private banks and other financial institutions.

The broker has been so successful in the institutional arena that they have decided to abandon their UK retail operations to focus more as they plan to develop an in-house aggregator and bridge this year.

The broker intends to increase its market share in established jurisdictions in Europe including the UK, Middle East, South East Asia and Latin America.

ATFX Connect recently partnered with oneZero Financial Systems to enhance its liquidity offering for Spot FX, Precious Metals and CFD products.

The institutional arm has also partnered with Centroid Solutions to use real-time analytics tools to monitor cash flow and other areas of potential risk.

In late July, FCA-regulated institutional brokerage released its financial results for the full year ending October 31, 2020, which showed mixed performance on a number of key metrics, ranging from earnings to revenue.

ATFX UK saw operating income reach £ 3.0million in FY2020, up from £ 2.23million a year ago, or 35% more year-on-year. ‘other.

Despite the announcement of a significant increase in its turnover over the period, the broker still closed the year in loss. Specifically, the company reported a net loss of £ 766,416 for 2020, almost double the net loss of £ 383,861 the year before.

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