Thinking of trading BANK OF AMERICA?
- 1. Despite any setbacks it has faced, Bank of America has held its own in the financial industry. A huge variety of financial services, a user-friendly website, online and mobile access, and locations from Main Street to Dubai have provided Bank of America with a loyal customer base. 2. Even though one of the factors that is boosting its numbers is continued consumer borrowing, and there are concerns that it could stop at any time,Bank of America is a strong lender to consumers. Part of the Federal Reserve’s strategy during the recovery has been to generate a sufficient wealth effect in the economy so that customer spending can be stimulated and help drive economic growth.
Trading CFDs involves significant risk of loss
How would you like to trade BANK OF AMERICA?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade BANK OF AMERICA with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Some of the things you need to be aware of when it comes to bank stocks are rising interest-rate environment, geopolitical trade risks, and a decline in mortgage originations and refinancings. These factors can have a great impact on Bank of America stocks. 2. Although Bank of America has posted some good numbers in the first quarter of 2019, the performance appears to have been driven by interest rate increases and continued consumer borrowing, something that may stop if the Fed begins to lower rates.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'