Popular retail broker, FBS, has introduced commission-free indices on its trading platforms. Offering access to global markets in just a few clicks, clients can speculate on US, European, Asian and Australian markets, among others. The broker’s new trading assets are available across the MT4, MT5 and FBS Trader applications.
FBS clients can trade cash-based indices on desktop and mobile devices. The indices have no expiration date, meaning long-term positions can be left open. Traders can choose when to close positions and don’t have to worry about commissions, making them a low-cost instrument. The latest asset-class is a great option for investors looking to diversify their portfolios on established stock exchanges.
The cash-based indices available at FBS include:
- US30 – Mini-sized DJIA Dow Jones
- JP225 – Japan 225 (Nikkei)
US500 – E-mini S&P 500
- AU200 – Australia 200
- EU50 – Euro Stoxx 50
- HK50 – Hang Seng
- UK100 – FTSE 100
- US100 – Nasdaq
- ES35 – Spain 35
- FR40 – CAC 40
- DE30 – DAX
FBS is an established name in the online trading industry. The official partner of FC Barcelona, the brokerage has a long list of global awards under its belt. FBS uses a hybrid STP/ECN model and connects traders to the markets via the MT4 and MT5 platforms, in addition to its bespoke mobile app.
Clients can trade on 28 forex pairs, 4 precious metals, 40 global shares and now a generous selection of cash-based indices. A hefty 1:3000 leverage is available alongside a $10 minimum deposit, three live accounts and a copy trading solution. Customers can deposit and withdraw funds online using Skrill, Neteller, wire transfer and credit cards with low fees.
As a trusted brand, FBS already has millions of active traders but its latest suite of cash-based indices is likely to entice prospective users. See our review below for further details.