Westcore Capital Limited Now Accepts CFD in Australia

Top Quote Starting today, as announced by Westcore Capital Limited, active traders and investors can now directly access to Australian Contract for Difference through its Australian Stock Exchange (ASX). End Quote
  • (1888PressRelease) September 14, 2010 - The launching of the Australian CFDs indicates that Westcore Capital Limited clients can now undertake trading CFDs together with currencies, futures, options and stocks utilizing single account.

    For some years, Contracts for Difference have become more accepted as addition to share trading as it provides low transaction costs and positive tax treatments to most of the investors. In 2008, Westcore Capital Limited launched market access to Australian stocks and see today's initiative as a reasonable addition for clients who what to invest in exchange traded products in the markets of Australia.

    With the new addition of the CFDs in Australian stock markets, clients who want to trade with CFDs can now pay for as low as $0.05 of trade value with a minimum of 6 trades every client. Active traders and investors are now allowed to trade CFDs on the listed companies on the Australian stock market as well as on the 6 Australian benchmark index products.

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