Global, 16 November, 2020 - ATFX have just launched Toyota Motor Corp (TYO: 7203) CFDs for its global clientele. They can now trade the price movements of the world’s largest automaker based on the number of cars sold and annual revenue. 

The broker decided to launch Toyota CFDs due to customer demand and also because of the company’s leading position within the global automotive market. 

They found that lots of traders want to buy and sell Toyota shares but can’t because the car manufacturer is listed in Japan and trades in yen. The only way to trade the company’s stock is to find a Japanese broker that accepts international clients and open an account with them.

ATFX identified this gap in the market and launched Toyota CFDs to make it easier for its clients to effortlessly trade the movements in Toyota's share price.

By trading the CFD products provided by ATFX, you don’t have to convert your account’s base currency into yen to buy and sell Toyota shares. You can comfortably make such trades in your account’s base currency.

CFD products make it easier for retail traders to access stocks and other instruments traded by professional and institutional traders. Deposit requirements are significantly smaller and allow retail traders access to these volatile markets. However, the use of leverage in CFD products magnifies both profits and losses, and traders should ensure they have a robust risk management strategy in place.

ATFX is planning to launch more CFD products in future based on customer requests. It’s part of its mission to make the financial markets accessible for everyone. 

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atfx.com

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 

74.07% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.

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