BERLIN, June 01, 2022 (GLOBE NEWSWIRE) -- FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading and related services, is today releasing its data of most popular instruments for the month of April in its Single Share CFD and proprietary Stock Basket product lines.
FXCM offers fractional single share trading with no commission fees* on leading companies from the US, UK, France, Germany, Hong Kong and Australia. FXCM’s stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. The company currently boasts a portfolio of 16 stock baskets. The list of companies and weightings is available on FXCM’s stock basket website (https://www.fxcm.com/de/markets/stock-baskets/)
April was a volatile month for the global technology industry and for the first time, the top 10 most traded single share CFDs at FXCM were all technology companies. On the back of some heavy media coverage around the intent and announcements of Elon Musk buying Twitter, its stock rose over a hundred places and joined the top 10 for the first time this year. In addition we also saw a significant jump in Netflix interest as it made headlines following its biggest ever one-day drop in price on the 20th April.
On the stock basket side, we saw similar themes with the FAANG basket maintaining top position followed by the other tech baskets, China Tech and ATMX. US Banks ranked as the third most traded basket, its highest ever position following a number of media sources covering news related to big banks earning reports releases and the potential impact of inflation in the sector.
Volume Rank | Monthly Rank Change | Company | Symbol |
1 | - | Tesla Inc | TSLA.us |
2 | ↑13 | Meta Platforms Inc | FB.us |
3 | - | Amazon.com Inc | AMZN.us |
4 | ↓2 | Alibaba Group Holding Ltd ADR | BABA.us |
5 | ↑11 | Apple | AAPL.us |
6 | ↑106 | Twitter Inc | TWTR.us |
7 | ↑23 | Netflix Inc | NFLX.us |
8 | ↓3 | Alibaba (HK) | BABA.hk |
9 | ↑4 | NVIDIA | NVDA.us |
10 | ↑9 | PayPal | PYPL.us |
Volume Rank | Monthly Rank Change | Sector | Symbol |
1 | - | Big US Tech | FAANG |
2 | ↑2 | China Tech | CHN.TECH |
3 | ↑5 | US Banks | US.BANKS |
4 | ↑5 | Big China Tech | ATMX |
5 | ↑1 | Crypto Stocks | CRYPTOSTOCK |
6 | ↑1 | Uranium | URANIUM |
7 | ↑5 | US Automotive | US.AUTO |
8 | ↑3 | Cannabis | CANNABIS |
9 | ↓6 | China Ecommerce | CHN.ECOMM |
10 | - | Biotech | BIOTECH |
Past Performance and popularity is not an indicator of future results.
Rank is derived from FXCM Client Volume
*FXCM can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards, and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
66% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
73% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited: AFSL 309763. By trading, you could sustain a total loss of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business on www.fxcm.com/au.
FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.
FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).
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