Global broker ForexTime Limited (FXTM) will solidify its position as a market leader with the introduction of a diversified service offering for its traders. ‘Gold as Collateral’ is a new product which gives clients the option to buy and sell physical gold bars, or have them stored in a high-security Swiss vault in Zurich. Eligible traders can also use their FXTM gold as collateral in the form of trading credit.
FXTM is able to offer ‘Gold as Collateral’ through its service expansion with one of the world’s leading online gold investment providers, BullionVault. As a result, traders can feel safe that their gold investment will be handled with utmost vigilance and highest levels of security. Clients who qualify for the service will easily be able to monitor and process their gold-related transactions through FXTM’s client portal – MyFXTM. Depending on their country of residence, some clients will also be able to request physical delivery of gold bars straight to their front door.
Jameel Ahmad, Vice President of Corporate Development and Market Research, has made the following statement: “We always strive to diversify our product offerings at FXTM and tailor them to investors’ needs on a global scale. Our ‘Gold as Collateral’ feature falls directly in line with this core mission, and we are excited to offer clients even more diversity for their investment portfolios.
The financial markets experienced extreme waves of volatility throughout last year, and we should expect nothing less in 2017. As a precious metal that has a long tradition of being a safe haven, gold offers hedging opportunities for investors in such times, and we are proud to be among the very few brokers that offer this innovative service to traders and investors.”
FXTM’s new gold feature follows a range of recent products that the broker has introduced, including a trading account dedicated to Share CFDs which utilizes direct liquidity from the NYSE and NASDAQ exchanges, and an upgraded version of the ForexTime Mobile App which provides on-the-go access to MyFXTM. By passing the 500,000 mark in registered accounts at the beginning of the year, and with the introduction of this distinctive new gold service, FXTM continue expanding in the global forex industry.
*FXTM gold will be held at Bullion Vault. Any questions, queries or claims (redress) should be directed at FXTM and not Bullion Vault. Please see our full terms and conditions for full details.
Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.