UK-headquartered brokerage has launched contracts for difference (CFD) on single stocks, which marks the first stage of its decisive move into the surging arena.
official online foreign exchange trading partner broadens its product line as clients’ desire to garner exposure to stock markets has been increasing. The inclusion of not only helps expand trading capabilities for its clientele but also attract more traders that are looking to diversify their trading options.
The case for adding more assets has been growing in recent years with the clients from TigerWit’s core markets in the UK, Europe and Asia were keen to actively trade local stocks.
In a recent statement, the broker informed its clients about the new additions with an initial focus on blue-chip companies listed on US, European, and Asian exchanges. However, the ultimate goal of the brand is to grow its offering to include for different companies globally, which will be added gradually.
Stock CFDs becoming industry norm
This launch also marks another expansion into the by a UK-based broker, which is an exciting development for the asset class that offers low-cost diversification and arbitrage options for investors. With typical , TigerWit should have ticked all of the boxes in the design and implementation of its offering.
Speaking on the addition of equity CFDs to the platform, TigerWit CEO Tim Hughes said: “Whilst we are first and foremost a provider of FX, indices and metals markets, allowing our clients to trade global equities is a natural addition as we broaden our fintech offering. Step-by-step we are growing as a financial services provider, so it is important to be able to offer clients a full suite of markets to trade. This is particularly important when global markets have experienced such heightened volatility as it provides clients with the ability to diversify into other asset classes”.