This reflects our commitment to provide outstanding value-for-money alongside quality service for our clients
Singapore (PRWEB) May 19, 2011
Singapore-based FX and CFD trading company, IG Markets, has significantly reduced the commission rate applicable to Singapore shares to just 0.1%; thats a 33% reduction. IG Markets’ impressive array of Singapore share CFDs can be traded at this new low rate, plus the provider offers competitive commission rates on 30 Malaysian shares, plus thousands of other leading Asian, US and European shares in local denominations.
- Commission rate on Singapore shares reduced from 0.15% to 0.1%
- IG Markets offer CFDs on nearly 300 Singapore shares, 30 Malaysian shares and thousands of other leading Asian, US and European shares in local denominations, with commission rates starting at a competitive 0.1%
Mr Peter McDermott, Managing Director, IG Markets Singapore said: “We are thrilled to be able to offer a reduced commission rate on Singapore share CFDs. This reflects our commitment to provide outstanding value-for-money alongside quality service for our clients.”
CFD trading with IG Markets gives you a flexible way to trade shares from around the world. They offer over 7000 global share CFDs from the world’s top exchanges, plus indices including the Singapore Blue Chip, Japan All-Share, Hong Kong HS34, India 50, Korea 200, Taiwan All-Share, China H-Shares, Australia 200, FTSE 100, FTSE 250, Wall Street, US SPX 500 and US Tech 100; Germany 30, France 40 and other European indices.
“With rebates for high volume FX traders, no hidden charges and Price Improvement technology which saves our clients thousands of dollars each month, IG Markets is Singapore’s Best Value for Money CFD Provider* and is commited to offering clients the best CFD trading experience, ” Mr McDermott said.
A CFD (or Contract for Difference) is an agreement to exchange the difference in value of a particular asset between the time at which a contract is opened and the time at which it is closed.
About IG Markets
IG Markets specialises in financial derivatives, principally Contracts for Difference trading (CFD trading) on over 7,000 global share CFDs, along with indices, forex, commodities, options and more. IG Markets, the worlds number one CFD provider**, is part of the IG Group, a UK FTSE 250 member with over 80,000 active clients worldwide. For further information please call (65) 6390 5118.
IG Markets (ACRA No. 53059261X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is licensed by International Enterprise Singapore to trade CFDs on commodities. IG Markets does not operate a securities, futures or commodities market. Please remember that CFDs and forex are geared and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please make sure that you fully understand the risks involved.
*Highest average client rating in the CFD industry for value for money. Source: Investment Trends Singapore CFD & FX Report 2010.
** Largest retail CFD provider by revenue (excluding FX). Source: Published financial statements. As at October 2010.