Trade GAMESTOP with Fondex

0 (0%)
High:
Spread:
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Trading Conditions
Daily Average Spread: 0
Leverage: 1:10
Lot Size: 1 share
Min Lot Size: 22
Commission: 0.01 USD per Lot
Min Commission: 1 USD

Thinking of trading GAMESTOP?

    1. Despite declining sales, GameStop is not going anywhere anytime soon. After all, with $8 billion in annual sales, it is still a recognized brand in the industry. The company is seeing growth in accessories (up 22% last year) and collectibles (up 11%). Plus, GameStop generated more than $1 billion in sales last year from digital items, which gamers can purchase from GameStop's online store and download after purchase. 2. The partnership with Amazon has certainly helped the stock to rise in valuation. The company is taking this approach to make its brand relevant. For example, management is beginning to invest in the booming esports market. In late March, the company signed partnerships with multiple esports organizations, including Complexity Gaming.
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Trading CFDs involves significant risk of loss

How would you like to trade GAMESTOP?

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
TRADE MANUALLY

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
COPY

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
AUTOMATE

Trading CFDs involves significant risk of loss

Trade GAMESTOP 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. No new consoles until 2020, that's bad news for GameStop, because usually, with the release of new consoles, their stock has been on the up trend, but a lack of new consoles could prove crippling. 2. Digital games, technology brands and pre-owned games have all declined in the last quarter in terms of highest gross margins. 3. In 2019, the company announced that it would suspend its dividend and devote that cash to reduce its debt and rolling out new "transformation initiatives." GameStop shouldered $469 million in long-term debt at the end of the first quarter, compared to $819 million a year earlier. GameStop reduced that debt by suspending its dividend, cutting its expenses, and selling its Spring Mobile stores to AT&T earlier this year.

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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