Thinking of trading AMEX?
- 1. AmEx, since it also acts as the issuer of its cards in addition to the payment processor (in contrast to Visa and Mastercard), it will have comparatively more to gain if it can ramp up member spending. One sure sign that it's been very successful in this crucial aspect of its operations is that in recent quarters, 60% of its loan growth has come from existing clients. 2. AmEx's secret weapon has always been its customer base, which is relatively more well-heeled and affluent than the average Visa or Mastercard issuer. 3. In addition to being successful at squeezing more growth from its existing card members, it's also doing well in attracting new business. Its total cards in circulation rose last year by 7%.
Trading CFDs involves significant risk of loss
How would you like to trade AMEX?
- 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
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 AMEX 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. Next to its apparently eternal rivals Visa and Mastercard, AmEx has been something of an underdog stock. I think at least some of this has to do with concern over the immediate future of the global economy. Numerous prognosticators point to warning signs that it'll slow down, or nose-dive into recession. 2. A Top bank has just downgraded AmEx stock, which is never a good sign for investors. Bank of America Merrill Lynch cut its recommendation on American Express stock, changing its view on the big credit card company from buy to neutral.
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