CFD and Forex broker Pepperstone has expanded its univers of traded assets to include US Stock CFDs.
It’s a smart move seeing as Forex brokers are taking an absolute battering by regulators at the moment. Plus, brokers should be looking to attract more traders for index trading and CFD stock trading to diversey their income and not be so reliant on Forex trading.
Pepperstone is offering US Stock CFD trading on its MT5 & MT4 trading platforms
Pepperstone US Stock CFDs Extra Market Hours
You can trade US Stock CFDs with Pepperstone outside normal market hours. There has always been an aftermarket for US shares, when the main exchange is closed, but it’s a bonus for traders outside the US who are trading when the American sleep. The downside, of course, is that liquidity is thinner as volume is reduced.
Pepperstone US Stock CFD Benefits and Risks
You also get the usual advantages of trading CFDs on US stocks by going short, as well as trading on leverage. However, the downside to those two benefits is that you lose money if the Stock CFDs go up which can be multiplied depending on what sort of leverage you have. Below are the margin rates on the US CFDs that Pepperstone offer:
Pepperstone US Stock CFD Margin Rates
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Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.