Forex and contracts for difference (CFDs) broker AxiTrader said on Tuesday it has broadened its CFDs portfolio with three commodities and two energy trading instruments. The broker now offers CFDs on coffee, cocoa, and soybeans, as well as Natural gas and Brent crude oil.
AxiTrader also offers for trading more than 60 forex currencies, and CFDs on bullion, metals, commodities, gold, silver, oil, and indices. In the oil segment, the broker offers access to CFDs on WTI and Brent crude oil futures.
AxiTrader has regularly been updating and expanding its product portfolio. Last month, it added the China A50 index to its CFDs offering, after in the previous month it included the Nikkei 225 index.
In CFDs trading, investors make profit from the price movements of select instruments and the difference between the buy and sell prices, rather than trading in real physical assets or trading instruments. This type of trading is offered by many brokers and allows traders to diversify their trading protfolios and gain access to new markets.
AxiTrader is the trading name of UK-based AxiCorp Ltd., which is part of Australia-based AxiCorp Financial Services Pty Ltd. The brand is regulated by the UK’s Financial Conduct Autorities (FCA) and the Australian Securities and Investments Commission (ASIC).
The broker works with retail and institutional clients in more than 150 countries. It has offices in Australia’s Sydney, UK’s London, Moldova’s Chisinau, UAE’s Dubai, and Saudi Arabia’s Riyadh and Jeddah