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

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$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 MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

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

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru