de | cn | ru

Brokers News

ThinkForex Adds New Instruments to its CFD Lineup

ThinkForex, the Australian Forex brokerage, has announced an exciting piece of news today – it's boosting its list of contracts for difference (CFDs) with six new instruments. The new CFDs, which are all index based, will be available to trade from January 6th – that's next Monday, fellow traders. You can find them in the Market Watch window of your MT4 platform, and if you don't – right click on the window and select “Show all”, then scroll down.

 

The new instruments include: Australian 200; French CAC 40; German DAX 30; UK 100; US SPX 500; US Wall Street 30 Index. You'll see the suffix “cash” going along with the symbols – that's to show that the contracts are cash settled.

 

In the table below you can see some contract specifications of the new instruments:

 

 

In case you're wondering what's the difference between trading CFDs and Forex, let me say that the biggest one is that CFDs give you access to a wider variety of markets and underlying instruments, while Forex trading is dedicated to currencies. Then, once you trade with a certain type of CFDs, such as commodity-based, you should have in mind that the particular market is influenced by particular trends and factors (supply and demand of corn, for example). 

 

As with Forex, however, when you trade CFDs you get a trading power boost thanks to leverage – with ThinkForex this boost is substantial at 1:100, hence you can start with a very small capital and still get to trade. In addition, there is no extra commission to the one mentioned in the table above, the spreads are tight, and you can make use of variable trade contract sizes. And if we also consider that there are no overnight fees and no expiry dates for the contracts, then we see how good the offer from ThinkForex is.

 

The move marks the first substantial enhancement that the CFD lineup at ThinkForex enjoys, since the broker first launched CFD trading in February 2013. Afterwards the company has been preoccupied mostly with beefing up its platforms variety – we saw the introduction of cTrader and Bullion Trader - the latter one designed especially for metals trading. Well, the broker promises more exciting innovations early in 2014 – we have to wait to see what these would be.

 

About ThinkForex

 

ThinkForex is a leading international forex broker headquartered in Melbourne, Australia. It offers traders extremely fast, low latency NDD execution, competitive spreads, swap-free accounts and full hedging. The broker’s customers enjoy excellent promotions on a regular basis, and its highly professional customer support team is available around the clock.

 ThinkForex was named "Fastest Growing FX Broker" at the MENA Forex Awards 2012 in Dubai and "Best Forex Customer Service" at the UK Forex Awards 2012 in London.

TAGS: thinkforex  thinkforex australia  thinkforex news  thinkforex forex broker  thinkforex cfd  cfds  contract for difference  new cfds  forex trading  cfd broker  index cfd  cash settled indices   

More news about ThinkMarkets

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
UK FCA MT4, Web,
ForexTrader,
Tradable
$50 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Brokers News

FC Barcelona and FBS Sign New Global Partnership Agreement

Jan 17 2020 13:05:55

Broker specializing in online trading becomes club’s Official Trading Partner for four years, through 30 June 2024. Read more

FP Markets adds Autochartist to its list of analytical tools

Jan 13 2020 17:56:25

FP Markets, one of the leading brokers in Australia and a trusted global Forex and CFD broker, has added yet another instrument to its long list of trading tools  - the Autochartist - an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of ... Read more

FBS clients grow to over 14 million in 2019

Jan 07 2020 18:15:13

FBS, one of the leading players in the forex industry, published its annual report for 2019, celebrating its 10th birthday and 14 millionth client in some 190 countries around the globe. Read more

#FBS2020: FBS Gives Away Lucky Gift Boxes In A New Year Promo

Dec 09 2019 14:36:59

As many companies out there, FBS broker finishes off its year with a New Year promotion for its clients. At the end of 2019, they are offered to create a fancy Thank You e-card for their loved ones and get a gift box full of nice surprises. Read more

Trip For Pip: FBS To Launch A Quest Game For A Trip To London, Tokyo, Or Dubai

Oct 29 2019 14:09:54

FBS broker starts its new marketing campaign, and it has already attracted many eyeballs on social media. The promotion is called “Trip for Pip,” and it is very engaging for several reasons:    a) it’s playable;  b) it features a dream trip for two as the main prize. Read more

HYCM tops the list of brokers with highest percentage of winning clients

Oct 23 2019 12:12:59

The importance of choosing a reliable broker is paramount to trading. Most traders have given a serious thought to the security of their investments and these concerns are increasingly common in this highly competitive market. Read more

FXCM expands its crypto offering with CryptoMajor baskets

Oct 14 2019 14:49:01

  Major forex broker FXCM Group enhances its CFD offering with the launch of CryptoMajor- cryptocurrency baskets, which will allow its clients to trade in to multiple digital assets in one go. Read more

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

de | cn | ru