Phillip Futures launches US Shares CFD

CUSTOMERS can trade US Shares Contracts for Difference with Phillip Futures starting Oct 1, 2020.

Striving to be a one-stop brokerage to meet diverse customer needs, Phillip Futures now offers access to US Shares CFD from the New York Stock Exchange.

By trading US Shares CFD, Phillip Futures customers will be able to participate in the price movement of the top 30 companies on NYSE.

Customers can potentially benefit from attractive equity returns as these large-cap companies have a good track record of stable earnings.

Hedging is a key function of CFD, as it allows customers to initiate short positions and offset potential loss in value of the underlying asset.

Customers may also enjoy leverage of up to 10 times when they trade US Shares CFD, potentially earning a higher return with smaller capital outlay.

CFD is a popular form of derivatives trading. CFD allows investors to trade on the future price movements of the underlying asset without actually owning the underlying asset.

As an award-winning broker recognised by Bursa Malaysia, Phillip Futures is committed to fulfilling the needs of its clients by offering a 24-hour dealing desk and extensive IT support.

To get started in CFD trading or to pick up trading techniques and strategies, customers may attend free seminars and webinars organised by Phillip Futures.

For more information. go to www.phillipfutures.com.my