CeFDex, one of the leading providers of contracts for difference (CFDs) on the German market, has taken a second important step in its expansion into Europe and the retail customer business. From today, the company is offering its range of products and services directly to Austrian private customers locally. By opening a branch office in Vienna, CeFDex makes clear its ambitions for the Austrian CFD market. After its successful launch in Spain, the securities trading bank is now also offering its services in Austria in line with German banking standards. Harald Patt, Member of the CeFDex Management Board with responsibility for software development, IT and trading in the company, said: “CeFDex has again demonstrated its efficiency by rolling out its successful business model in a second important EU market, Austria, within a very short period of time. This brings us another step nearer to our goal of covering all major markets in Europe.”
CeFDex will make its range of products and services directly accessible to Austrian customers. In establishing local structures, CeFDex is showing how highly it evaluates the potential of the Austrian market and how strongly it is committed to the business there. CeFDex is the only CFD provider with a branch office in Austria, from which it also plans to serve the growth markets in eastern Europe in the future. Robert Ulm, a very well known and widely connected CFD expert in the Austrian financial services sector, will head CeFDex’s committed team, which will ensure a high quality of service, customer proximity and asustainable business policy.
With its market entry into Austria, the financial services provider is placing emphasis on factors important for its success, such as customer retention and high-quality services, including the provision of training, webinars and seminars. The company’s goal is to increase the number of customers and the proportion of turnover generated in Austria. René Diehl, Chairperson of CeFDex, with responsibility for finance, risk management and strategy within the company, commented: “We expect great results from our market entry into Austria. With our new branch office in Vienna, we are the only CFD provider with a local presence, whichbrings us closer to the customer than our competitors. We are also delighted to have Robert Ulm, a true expert on the market and on the product group, heading our team in Austria.”
CeFDex provides its customers with an attractive product range, which is particularly remarkable for its innovative solutions for active CFD and FX traders. Customers can trade on all major European and US markets via a central platform. Also included in the offering are equity-based CFDs, which allow investors to benefit from the movements of prices of equities listed in the Vienna Stock Exchange Austria Trading Index (ATX). Investors are able to take advantage of both rising and falling prices. CFDs based on equities, commodities, exchange-traded funds (ETF), interest rate futures and currencies complete the offering. Other factors important for the success of CeFDex, such as favourable conditions,narrow spreads, as well as fast and transparent execution of orders, enhance the comprehensive high-quality package.
Access to the trading platform, real-time news, tools for technical analysis and pattern recognition are offered at no extra charge. CeFDex provides a free test version at www.cefdex.at for prospective customers wishing to test CFDs with no obligation and no risk.