Trade HOME DEPOT with Fondex

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Trading Conditions
Daily Average Spread: 0
Leverage: 1:30
Lot Size: 1 share
Min Lot Size: 9
Commission: 0.01 USD per Lot
Min Commission: 1 USD

Thinking of trading HOME DEPOT?

    1. Recently, they did have strong earnings. According to the latest quarterly report, the chain has had a 3. 2% increase in same-store sales globally, and 3. 7% in the US. 2. Home Depot has a network of stand-alone stores that customers visit often. It has a digital ecosystem around that which positions them to remain a strong player with more room to grow, especially if other retail chains falter. 3. Specifically, a healthy housing industry and continued market share gains should allow comps to rise by about 5% for the second straight year as financial metrics like operating margin and return on invested capital continue to far outpace rivals inside and outside of the industry.
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Trading CFDs involves significant risk of loss

How would you like to trade HOME DEPOT?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
  • 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

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
  • 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

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

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 HOME DEPOT 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. Home Depot isn't a stranger to controversy, and it has reflected on their stock prices over the years, with each controversy, there was a price drop in their stock. 2. Lumber prices have collapsed in the past year, which pressured sales to the tune of $200 million. If not for these two trends, comps would have landed at around 4.5% in the U.S. rather than the 3% rate the retailer actually reported. The drop on same-store sales growth was blamed on two things: bad weather and lumber price depreciation. There are two takeaways from these reasons, one, the company is far too dependant on the material, or its business model lacks diversity. This is something investors should have in mind.

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'

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