iForex has announced the addition of around 70 new non-leveraged tools to FXnet, its main platform. The CFD and FX broker already boasted roughly 22 instruments on FXnet with regard to its non-leveraged portfolio on offer, but the latest additions are set to up the number to a massive 100 non-leveraged instruments.
A spokesperson for Formula Investment House Ltd, operator of the www.iFOREX.com website, said:
These non-leveraged tradable products will allow our traders to diversify their portfolio and balance their market movements, based on their risk appetite.
The firm has witnessed positive feedback concerning its current list of non-leveraged instruments. It is under the firm opinion that this new batch of instruments will be appealing to larger investors, as well as traders with a low-risk appetite. It is understood generally that leverage is one of the key killers for a majority of FX accounts, with several big-time traders and investors having advised other small traders as well as the industry itself to use a smaller amount of leverage to avoid the liquidation of FX trading accounts during periods of high market volatility.