CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data. *Availability subject to regulation.
Veganism is fast becoming one of the biggest social and dietary movements of the 21st century. With growing awareness about animal cruelty in the food industry, as well as the devasting impact agriculture and meat production has on the environment, consumers are increasingly turning to meat free alternatives.
According to figures from data service Euromonitor, while the $30bn processed meat industry grew just 2% in 2018, the $1.4bn meat alternatives market expanded 10 times that at 20%.
This boom in veganism saw Los Angeles-based company Beyond Meat launch the most successful IPO of 2019. The firm, which produces plant-based meat substitutes designed to taste as close to ‘real’ meat as possible, has developed a cult following in the US and Canada.
Its IPO in May 2019 was met with eager enthusiasm by investors, with the firm closing its first day of trading at $65.75. This was 163% above its IPO price, making it the best performing debut IPO in nearly two decades. It also beat out Uber, which launched its IPO the same month. Uber’s first day of trading was more lukewarm at just over $40 per share.
Beyond Meat’s stock surged to over $230 per share in July and has since been hovering around $90 as of October 2019.
It is easy to get involved in the vegan movement, and potentially make some money, without necessarily needing to give up all things derived from animals. Platforms such as eToro offer a great way for any investor, from novice to know-it-all, to build a stock portfolio.
What’s more is that these platforms have to adhere to a strict set of rules and regulations, so everything is above board. Not to mention that, in the UK, trading platforms like eToro are authorised and regulated by the Financial Conduct Authority, offering customers an element of protection.
It’s forecast that by 2040 only 40% of the global population will be consuming meat, with 35% consuming clean (lab) meat and 25% vegan meat replacements.
According to the Vegan Society, the growing vegan trend – especially in the UK – is expected to increase the demand for plant-based meat products.
In addition, countries including China, Singapore, Australia and New Zealand are expected to facilitate the growth in meat free foods in the coming years, due to the rise in demand for organic food products in these regions.
This consumer shift to meat free has also forced a number of leading meat companies to change their strategies and enter the vegan market.
America’s largest meat processor, Tyson Foods, bought a 5% stake in Beyond Meat in 2016, upping its investment the following year to 6.5%.
Tyson, which has a market cap of $24bn as of October 2019, has since sold its stake in favour of launching its own plant-based food line, Raised & Rooted -pitching it as a healthier alternative to Beyond Meat’s products.
Raised & Rooted is also attempting to capture the growing ‘flexitarian’ demographic by producing foods that are a blend of animal and plant proteins.
Forex.com scored best in our review of the top brokers for vegan stocks , which takes into account 120+ factors across eight categories. Here are some areas where Forex.com scored highly in:
Forex.com offers one way to tradeForex . If you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
Forex.com have a AAA trust score . This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19
|Regulated by||Financial Conduct Authority|
|Uses tier 1 banks|
|Segregates client funds|
Want to see how Forex.com? We’ve compared their spreads, features, and key information below.
|USD/JPY Spread||0.90||DAX Spread||250.0|
|FTSE 100 Spread||150.0|
|Platform||MT4, Web Trader, NinjaTrader, Tablet & Mobile apps|
|Base currency options||USD, GBP, EUR|
|Funding options||Bank transfer, Cheque, DebitCard,|