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Dropbox

CFD on the Dropbox (DROPBOX) stock quote.

Product Type: Stock CFD
Sector: Technology	Industry: Software
Country: USA	Currency: USD
Trading Hours: According to market	Measurement Unit: Shares

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Description:

Founded in 2007 in San Francisco, Dropbox has become a leading file hosting service provider rivaling Google and Amazon's cloud storage services. Dropbox was one of the first hosting services that automatically synchronized with a cloud-based copy allowing users to have files available to view, update, and share on their internet-connected devices. Dropbox passed the 500 million-user mark in March 2016 and launched its IPO in March 2018. Start trading Dropbox CFDs today as well as over 300 other stock, currency-pair, and index CFDs.

Dropbox trades on NASDAQ under the ticker symbol DBX. At the time of the IPO the company was valued at a billion.

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Interesting Facts:

In 2012, Facebook integrated Dropbox services for Facebook groups to share files
Apple launched iCloud to "kill Dropbox", in the words of Steve Jobs
Dropbox founder, Drew Houston, invented Dropbox because he never had a USB stick when he needed one

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read full risk warning.

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