Scope Markets has expanded its product range, adding new products including CFD futures. This retail brokerage firm has introduced US-listed products to markets outside the United States, such as the US Dollar Index and the VIX Volatility Index. According to the company statement, this move is in response to growing demand and aims to provide traders with greater flexibility.

Targeting US-Listed Assets

Scope Markets stated: “Due to strong demand, we have added 276 new products, including CFD futures. With the upcoming US presidential election, check out our new VIX and US Dollar Index futures CFDs to gain long-term exposure to the US market and economy. We are continuously expanding to offer more choices and flexibility.”

Last month, Scope Markets launched a new account type specifically tailored for non-leveraged CFD trading. This retail brokerage brand, part of Rostro Group, stated that this account, named Scope Invest, allows brokerage clients to access over 2,000 global CFD stocks.

During the launch of the new service, Scope Markets explained that non-leveraged CFD accounts will be denominated in GBP, USD, or EUR and will offer fractional shares. Additionally, this product will provide commission-free trading services.

CFDs are an over-the-counter derivative that enables traders to take long and short positions on underlying assets. These products can be leveraged, allowing traders to take higher value positions with less capital.

Regional Expansion

Scope Markets holds multiple regulatory licenses issued by regulators in jurisdictions including Cyprus, Belize, and Kenya.

This February, Scope Markets migrated its trading and execution servers to the Equinix LD4 data center in London. The company announced that this move enables it to provide low-latency solutions for faster execution speeds. This decision was reportedly based on user feedback.