FXCM cuts minimum trade size on single stock CFDs

Source: LeapRate 2020-07-08

FXCM Group, online FX and CFD trading and cryptocurrencies provider announced a cut to the minimum trade size of single stock CFDs.

Traders will have $0.00 commission after opening or closing trades and they now can hold positions on companies including Apple, Facebook and Netflix for less than $5 in margin. All FXCM single stock CFDs are available in one-tenth per share (0.1) increments.

The new offering gives clients better control of position sizes with the opportunity to buy a fraction of a share. Clients will have the option to trade 25 shares of Amazon or just 0.1, buy or sell 0.3 shares of Tesla per day or close all at once.

The new offering will allow customers to easily scale in or out of positions or access stocks that would have previously been too expensive.

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FXCM cuts minimum trade size on single stock CFDs

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