Social investment expert eToro has just improved trading conditions for contracts for difference (CFDs), as two of the index CFDs in the lineup are now available to trade at lower spreads.
Trading the FTSE100 (UK100) and the CAC40 (FRA40) has become more affordable, as the spreads are cut from 300 pips to 100 pips.
Representing the top 100 stocks on the London Stock Exchange and the top 40 stocks on the Paris Bourse respectively, these two instruments provide eToro clients with the opportunity to invest in the growth (or decline) of the British and French economies.
As these indices are traded as CFDs, they allow traders to go long or short on them, and use leverage from x2 to x100.
eToro has been improving conditions for CFD trading over the past several months. In April this year, the company enabled its clients to trade stock CFDs in real-time.
To view the official announcement by eToro, click here.