Keeping a key promise made to Tickmill’s discerning customer base of traders, the brokerage has followed through on its commitment to launch CFDs in its very first quarter of operations. Sudhanshu Agarwal, CEO of Tickmill explains, “This is a very important step forward for Tickmill as CFDs are popular and widely traded instruments. The availability of eight major CFDs covering key stock indices for Germany, Japan, Europe, the United Kingdom, the USA, as well as WTI Crude Oil, will cement the Tickmill’s reputation as a broker with truly global trading appeal.”
A CFD, also known as ‘Contract for Difference’, is a derivative product that gives opportunity to make money from both falling and rising markets. And because there is no expiry date, a CFD therefore allows traders to hold their positions for as long as they wish. The eight major CFDs introduced by Tickmill are based on the most liquid markets hence providing its traders the best opportunity to succeed.
Overall the flexibility of CFDs provides an excellent hedge against losses. In fact, traders can easily use CFDs to protect themselves against unexpected market movements. Sudhanshu Agarwal also mentions: “Our traders have requested CFD trading and we are proud to deliver these contracts which cover the most popular stock indices as well as the world’s most heavily traded commodity…”
Sudhanshu adds: “Tickmill continues to make every possible effort to ensure its position as a respected leader in the retail financial brokerage industry. The delivery of these instruments is one of the fundamental steps we are making towards our commitment.”
A complete listing of the eight available CFDs and Tickmill’s other retail products can be found here.
Amongst Tickmill’s attractions to retail brokerage clients are spreads from zero pips, a transparent ECN (full STP and DMA) platform permitting all strategies including scalping, and a wealth of diverse trading instruments including 64 currency pairs as well as CFDs, precious metals, and related commodities.
Authorized and regulated as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles with a licence number SD008, more information about Tickmill can be found on their website.