Retail FX and CFDs broker OANDA has announced that the company has added share CFDs on US and European listed stocks to its contracts-for-difference range in the UK, via its FCA regulated entity OANDA Europe Limited.
OANDA was recently acquired by Czech prop trading firm FTMO (deal pending regulatory approvals).
The addition of share CFDs to the company’s offering in the UK is part of a larger update introducing a new “OANDA One” sub-account that allows users to trade via the latest version of the MetaTrader platform, MT5. This development increases the trading options available to clients, who can now use CFDs to seek exposure to popular US and European stocks. With this announcement, OANDA said it completes its goal of allowing retail traders to trade CFDs on individual company shares, such as Tesla, Amazon, Microsoft, Apple, Allianz, Siemens and Carrefour, from countries like the USA, United Kingdom, Germany, France, Spain, Netherlands and more.
Marcin Niewiadomski, OANDA’s Managing Director for Europe, commented,
“The growing demand for CFDs reflects their appeal in providing traders and investors with a way to benefit from price fluctuations without owning the underlying assets. CFDs allow exposure to both rising and falling markets, giving traders the flexibility to take advantage of volatility. By offering leveraged access to a diverse selection of leading companies from the US and multiple European markets, we are giving our clients valuable diversification opportunities across sectors and geographies.”
With this new offering, OANDA’s platform now supports share CFDs alongside a broad range of other asset classes, including indices, forex, commodities, metals and bonds, enabling clients in the United Kingdom to trade on a user-friendly interface.
About OANDA
Founded in 1996, OANDA is a leading, global digital platform for active traders, offering multi-asset trading, currency data, and analytics to retail and corporate clients. With regulated entities and leadership teams in many of the world’s most active financial markets, including New York, Toronto, London, Warsaw, Singapore, Tokyo and Sydney, OANDA enables retail clients to trade in a wide range of asset classes on an award-winning trading platform.
