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Skilling launches fractional share CFD product

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Skilling, an FX and CFD trading provider, has launched access to fractional shares, to coincide with a month-long extension of its zero rollover fees. 

With over 700 stocks on its platform and nearly 120 of them tradeable from one-tenth per share, Skilling is strengthening its offer for active traders. Traders on any budget can now trade strategies on a wide range of global companies where they have previously been priced out. Appetite for trading fractional shares has been on the rise for traders seeking out more control over their exposure in the markets. With fractional shares, traders can scale in or out of positions, allowing them to better capitalise on opportunities whilst mitigating risk. 

This latest expansion is a response to the growing number of active stock traders looking to invest or trade at new brokers with highly stable, highly responsive platforms. The broker seeks to eliminate typical obstacles to new CFD traders through extending zero rollover fees to enable traders to keep their positions open without incurring the swap fees associated with holding large minimum trade sizes on high-priced stocks over longer timeframes. Customers now have a choice to diversify their trading portfolio, where they may now trade CFDs on stocks, indices, FX, metals, and more on Skilling’s platform.
 
Michael Kamerman, Skilling CEO, says: “Fractional shares have huge potential and we anticipate that traders will be seeking out platforms that are primed to grasp this opportunity in the coming months. This latest product offering expansion marks the next phase of Skilling’s growth in our response to this high-in-demand asset class. By providing greater access to fractional shares alongside an extension of our zero rollover fees in March, we are accelerating our platform’s roadmap to better cater for the traders of today.”

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