Trade BANK OF NEW YORK with Fondex

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Trading Conditions
Daily Average Spread: 0
Leverage: 1:20
Lot Size: 1 share
Min Lot Size: 22
Commission: 0.01 USD per Lot
Min Commission: 1 USD

Thinking of trading BANK OF NEW YORK?

    1. Bank of New York Mellon is the oldest continuously operating bank in the U.S., and has a diverse revenue stream featuring private banking, asset management, and institutional banking businesses. 2. Warren Buffet (Berkshire) has added to its stakes in U.S. Bancorp and Bank of New York Mellon several times recently, in 2018. This is definitely a good sign for those doubting on whether this stock is a good option to invest in.
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How would you like to trade BANK OF NEW YORK?

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

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Trading CFDs involves significant risk of loss

Trade BANK OF NEW YORK 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. Net interest revenue fell 8.5% in the quarter from 2018 to $841 million. The bank was hurt by relatively calm markets in the first three months of the year, which led to a slowdown in client activity and a drop in fee revenue. Additionally, the FED in March unexpectedly backed away from its plans to keep raising the funds rate, and said it expects no further hikes this year. That dovish turn took banks and bank investors by surprise, and threw interest rate planning at banks like New York Mellon into disarray. 2. The perception in the market is that current trading and interest rate conditions will make this a sluggish growth year for the company.

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'