Abstract:As Millennials and Generation Z now make up the majority of traders, with much greater emphasis on diversification, pure FX platforms are becoming an endangered species.
FXDD has introduced access to the New York and Chicago Stock and Futures Exchanges, side by side with the traditional OTC FX pairs, in a giant step toward true multi-asset trading.
The game-changing product combines traditional OTC FX with On-Exchange Equities and Futures on MetaTrader 5, thus closing the chasm that has always existed between the OTC market and Exchanges.
PURE FX PLATFORMS ARE A DYING BREEDFXDD itself, founded in 2002, was born out of the emergence of the forex brokerage industry and has been leading the way for decades now.
Global brokers, no matter how different their size, experience, domicile, and marketing, their product offerings have essentially remained the same, albeit some have expanded from traditional OTC FX and CFD products to include single stocks, cryptos, and more recently NDFs.
True multi asset trading has required retail and institutional traders to maintain separate accounts and different trading platforms to access both worlds of OTC FX as well as US listed Futures, Stocks and derivative products on regulated Exchanges like the CME and New York Stock Exchanges.
FXDD is addressing this challenge by launching a one-stop multi-asset trading solution for both over-the-counter and on-exchange products.
As Millennials and Generation Z now make up the majority of traders, with much greater emphasis on diversification, pure FX platforms are becoming an endangered species.
FXDD is bridging the gap between the FX world and Wall Street with an offering available on the MT5 platform, which accommodates multiple asset classes.
The broker‘s multi-asset solution strives to combine a client’s trading activity with the white-hot trend of embedded investing and portfolio building.
Emil Assentato, Chairman of FXDD, commented: “The trend towards and demand for multi-asset trading has become more and more apparent. With hundreds of Forex brokers to choose from, clients want more than just leveraged FX trading. Traders today also want to be able to invest, while investors want the ability to trade. We believe our multi-asset offering provides just that. The elusive solution to combining on-exchange with off exchange trading under one account, on a single platform.”
FXDD is a leading international broker that was founded in 2002 with the goal of providing its global clients with the best trading conditions and client support. Uncover true multi-asset trading, diversify your portfolio and rediscover the excitement of the markets.
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