Do not invest more money than you can afford to lose.
UK forex brokerage Fortrade informed its clients today that it has just added to its product portfolio over 60 new stocks from FTSE 100 (Britain’s Financial Times Stock Exchange 100 Index). This is part of company’s effort to improve customer trading possibilities and overall trading experience.
Clients of Fortrade can now choose from an array of blue-chip penny stocks from all major market sectors: finance, technology, energy, consumer staples and many more. 3i Group, LSE Group and Marks & Spencer are just a few of the big name companies Fortrader now offers CFDs on.
The new week has seen FTSE 100 open below its levels from Friday, however it slightly rose by 0.12% so far (Yesterday the index was closed due to ‘Late Summer Bank Holiday’). Probably this is due to the revitalized risk appetite following Friday’s Jackson Hole speech by Fed Chair Janet Yellen, with markets seemingly more at ease with the possibility of a US interest rate rise by year-end.
Charts:Bloomberg
Although previous two weeks have not been the best for the index, FTSE 100 has been on a tear from the end of June, increasing by more than 14% since June 28. These gains have erased all of the index’s losses for the year. FTSE 100 or the “Footsie” is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization.
Fortrade is a UK-based fixed-spread brokerage, authorized and regulated by the Financial Conduct Authority (FCA). It offers a wide range of trading instruments covering more than 150 currencies, as well as commodity, index and stock CFDs through its proprietary platform, called Fortrader.
Earlier in July, Fortrade expanded its products portfolio with Nintendo stock, following global Pokemon GO mania.
