Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced that it has expanded its MetaTrader 5 offering. Company clients can now have access to 177 new ETFs on the Admiral.Invest account.
ETFs are investment funds traded in an exchange, much like stocks. Any ETF is an asset portfolio that tracks an index and is traded as a single security. An ETF share price follows the index it was created to copy.
Admiral Markets offering currently covers over 30 ETF categories including equity blends related to different regions, capitalization levels and industry segments, as well as ETFs tracking indices, commodities, agriculture, currencies and fixed income instruments.
Mr. Jens Chrzanowski, a Member of the Admiral Markets Group Management Board commented:
Such an expansion of our product line has become feasible only after the launch of MetaTrader 5. The new platform is extremely versatile having an ability to accommodate almost an unlimited number of instruments. The addition of 177 new ETFs is just one more step towards the expansion of the suite of trading instruments available to our clients, with more to follow.