Forex Club launches CFDs on agricultural products

Forex Club launches CFDs on agricultural products

- in All News, Forex Brokers
Forex Club

Forex Club, one of the leading forex brokers in Russia, has expanded its instrument portfolio by adding CFDs on some agricultural products.

Now the clients of the brokers can trade on cocoa beans (COCOA), wheat (WHEAT), coffee (COFFEE), corn (CORN), soy (SOYBEAN) and sugar (SUGAR).

They are available on the MetaTrader 4 and Libertex trading platforms. The minimum trade on Libertex is for USD 10 and the maximum – USD 500 000. On MT4 the minimum is 0.01 lot and the maximum varies from 10 lots on soy to 25 lots on corn.

Cocoa, coffee and sugar are traded on the ICE and wheat, corn and soy – on the CME.

Forex Club is a collective brand of several entities that provide trading in forex and CFDs on shares, metals, indices, and other instruments. The brokerage has clients in more than 120 countries, mainly within the Commonwealth of Independent States (CIS), or the former Soviet countries. Through its subsidiary Financial Company Forex Club, the group recently became one of the first entities to obtain a status as a registered forex broker in Belarus (the equivalent of obtaining an authorization). Recently Forex Club got a forex broker license in Russia and was admitted as member by the self-regulation organization (SRO) Association of forex dealers (AFD).

Forex Club is the second largest forex broker in Russia (after Alpari) with an average monthly trading volume of $54 billion and 80,000 active client accounts in 2015, according to a report by Interfax-Center for Economic Analysis (Interfax-CEA).

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