AAAFx Attends Finance Magnates London Summit 2022

Leading multi-asset broker, AAAFx, participated in the Finance Magnates London Summit 2022, held at Old Billingsgate, London, on November 21-23. The zero-commission broker was the Sweet Spot and Water Sponsor for the event, as well as an exhibitor. The much-awaited financial expo offered AAAFx excellent opportunities to showcase its value proposition, connect with other industry professionals and build meaningful relationships.

Taking the Financial Sector into the Future

The London Summit, one of the most prestigious events for the financial services, payments, fintech and crypto markets, celebrated its 10th anniversary this year.

The agenda for the 3-day event was packed with insightful sessions from thought leaders on the areas that are most critical to the industry at present and can define the future roadmap. Being part of such a prestigious summit, both as a sponsor and exhibitor, was a very fulfilling experience for the AAAFx team.

“Being part of the FMLS was a rewarding experience. Not only were we able to showcase our offerings to a global audience, but we were also able to be part of an illustrious group of industry and thought leaders focused on taking the financial and fintech sectors into the future. We look forward to building on the relationships forged during the event and participating in future such events,” stated Panagiotis Tanampasidis, Managing Director.

A Commitment to Excellence

AAAFx, which is celebrating its 15th year in the industry in 2022, has created a strong reputation with its commitment to integrity, transparency and a client-first focus. To ensure the best possible trading conditions for every trader, the broker offers raw spreads starting at just 0.0 pips and the fastest execution speeds.

The brokerage firm offers traders 200+ trading instruments across a wide range of asset classes, including forex, indices, stocks, commodities and cryptocurrencies. Live 24/5 support ensures that traders can access prompt and responsive support, so that they never miss out on a trading opportunity.

AAAFx, led by a team of highly experienced professionals, constantly innovates to bring the best trading tools and conditions for its clients. Its strong belief in business ethics and client-first approach has helped the broker win multiple accolades. In 2022 alone, AAAFx bagged the “Best FX Service Provider” award at Forex Expo Dubai and the “Most Transparent Broker” award at the Ultimate Fintech Awards.

Regulated under multiple jurisdictions, the brokerage offers its world-class services in 176 countries. One of its primary commitments is to safeguard trader funds, which it does through the segregation of client funds and negative balance protection. AAAFx also holds regular internal and external compliance audits to review the application of client asset procedures.

Talk to the AAAFx team to learn more about AAAFx and its services.

Capital Wallet Wins Best Crypto Solution for Payments Award at FMLS 2022

Global cryptocurrency payments solutions provider, Capital Wallet, bagged the “Best Crypto Solution for Payments” award at the Finance Magnates London Summit (FMLS), held at Old Billingsgate, London, on November 21-23, 2022. This win came close on the heels of the company winning the “Best Crypto Payment Solutions Provider” award at the Forex Expo, held in Dubai on October 19-20, 2022.

Being recognized by peers in the industry for its cryptocurrency solutions twice in a row was a big win for Capital Wallet. It highlighted the company’s mission to create a global financial ecosystem based on transparency and fairness. The awards are proof of the company’s ability to innovate with blockchain tools to offer cryptocurrency payment processing systems that are effortless to use and allow seamless transactions.

A Valuable Experience

Capital Wallet participated at FMLS 2022 with great success, exhibiting its powerful cryptocurrency solutions to support business growth. In addition, Executive Director of Capital Wallet, Abha Garg, led a key panel discussion on “Future of Payments: The Revolution Will Not Be Wired.” Being part of one of the largest fintech events in the world solidified the company’s position as a leading global player in the industry, with a view to disrupting the way transactions are conducted.

The Finance Magnates London Summit 2022 was also a very special event since it was the 10th edition of the conference. FMLS is among the most awaited fintech events of the year, attended by more than 3,500 people. The event has brought together more than 150 exhibitors and over 130 speakers.

The agenda was packed with insightful sessions, held by thought leaders and industry professionals of the financial world. FMLS is an excellent opportunity for technology & liquidity providers, payments providers, retail and institutional brokers, banks, hedge funds, and other financial service providers to network, showcase their products and services, and grow their businesses.

“Being recognized for our cutting-edge crypto solutions is not just a huge reward for our consistent efforts to bring the best in technology to the payments space, but it is also a motivator for us to double our efforts to be a global market leader,” said Fotis Fotinias, Capital Wallet’s CEO.

A Mission to Ease Crypto Payments

Capital Wallet is focused on simplifying the exchange of cryptocurrencies and making digital currencies a convenient medium of transactions through cutting-edge payment solutions for merchants. The company’s solutions enable transactions in over 200 different cryptocurrencies with dedicated support from a highly skilled and experienced team.

The company has developed a powerful and comprehensive platform for merchants that does not require any third-party integrations. With this solution, users can receive and then convert digital currencies in real time at the best available conversion rates. With the hassle-free verification and onboarding process for merchants, along with the low processing charges on crypto payments, Capital Wallet simplifies the integration of cryptocurrency payment options.

To safeguard customers, Capital Wallet follows the highest security standards, including advanced encryption and an additional security layer to protect against malicious cyberattacks. Its all-in-one platform ensures seamless transactions without the need for any third-party integrations.

To learn more about Capital Wallet, please visit https://capitalwallet.com.

Where Will the OctaFX Festive Express Take You?

From 28 November to 26 December, the Express will pass three stations —1-lot station, 3-lot station, and 5-lot station. The stations’ names speak for themselves: traders need to trade one, three or five lots to get to the stations. OctaFX has prepared three sets of amazing prizes for each station.

Everyone, who can trade the minimum required number of lots, will participate in the prize drawing. Prizes at each station are impressive, including 2,000 branded merch packs, 20 high-tech devices, and three grand prizes. A total of 2,023 prizes for the 2023 New Year will be raffled off on 29 December.

The broker has also prepared attractive offers for traders—up to 15% lower spreads, 1:1000 leverage, and a 100% deposit bonus. These offers will surely make the trading journey even more enjoyable.

Who doesn’t feel that excitement ahead of New Year’s Eve? A thirst for something new awakens in us, and every dream seems achievable. OctaFX shows that it’s not just the holiday spirit—it’s a reality that depends on us. How can a dream become a reality? Just board the Festive Express.

About OctaFX

OctaFX is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries who have opened more than 12 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.

On a side note, OctaFX has also won more than 50 awards since its foundation, including the 2021 ‘Best ECN Broker’ award from World Finance and the 2022 ‘Best Global Broker Asia’ award from International Business Magazine.

Black Friday Scams: Avoid Online Fraudsters With 5 Useful Security Tips

The online frauds surrounding Black Friday and Cyber Monday sales have become a major concern recently. With so many people making purchases, it is easy for scammers and hackers to use some of their sophisticated techniques to defraud unsuspecting customers. Let’s look at the scams you might encounter during the upcoming shopping season and how to avoid them.

Top 5 Online Shopping Scams to Be Aware of

The five most common online shopping scams mostly focus on either impersonating famous retailers or social engineering tricks, which usually end up in phishing attacks that aim at stealing your online identity. Being able to spot them is crucial in such an intense period when everything around you creates a sense of urgency and even fear (of missing out, in this case).

Fake Retailer Scam

During the shopping craze, it’s hard to identify all the luring offers and where they come from. You can easily find yourself on a site with a URL that almost precisely copies the address of a well-known and trusted retailer. The site would look very similar to the original one. However, it would be used to steal your login credentials, bank card information, or even money, should you place an order through it.

Fake Advert Scam

If something sounds too good to be true, it probably is. Beware of adverts that promise unrealistically great deals. Those might either look like legitimate retailers (as described above) or try to develop their own branding. They might either make you pay for goods you’ll never receive, steal your payment info to use in another fraud, or do both. Before entering sensitive information, check if the URL is legitimate and if the reviews on trusted review sites are positive.

Fake Order Scam

Scammers might send you emails with either an order they claim you made or a tracking number for some of your orders. Those letters are usually sent from ‘typosquatting’ email addresses that are quite hard to spot, especially during the tense online shopping period. If you download a file attached to such an email or follow a link in it, hackers might inject malware into your computer and steal your login credentials or payment information.

Social Media Scam

During holidays, influencers on social media—Instagram in particular—often offer free giveaways, and scammers might create a similar giveaway pretending to be a famous person. In such posts, they include links that lead to phishing sites used for stealing users’ personal data.

Another scam commonly seen on social media is fake adverts that lead to similar malicious sites or cloned stores of well-known retailers.

Fake Charity Scam

During the holiday season, ensure that the money you donate does not go to scammers that set up a fake charity to exploit the heightened charitable spirit. Legitimate charities never urge you to donate ‘quickly’ or ‘act now’. Fake charities also ask for donations in gift cards, wire transfers, cryptocurrencies, and other methods that make the funds you send them almost impossible to track and reclaim.

Tips for Black Friday Shopping

It’s hard to spot all the scams that exist. Yet, several useful tips will help you keep safe during the upcoming Black Friday and Cyber Monday.

  • Shop only with legitimate online retailers. Check its reviews and ratings if you want to shop with a site you’ve never seen before.
  • Look for a padlock symbol in the address bar, confirming that your connection is secure and cannot be used to steal your personal data.
  • Do not use public Wi-Fi networks. Hackers can compromise that. If you still need to use it, turn on a VPN—it will encrypt your internet traffic, making it impossible for fraudsters to intercept it.
  • Use two-factor authentication to additionally confirm your identity via email notification, smartphone, PIN, fingerprints, or facial recognition.
  • Don’t save your bank cards with any online store. When buying something on the internet, make sure the site you are using is reliable and secure.
  • Don’t follow suspicious links or download attachments from suspicious emails. Double-check the info you receive with the online store if you need clarification on whether the email address is legitimate.

Following the tips above, you will be quite safe during this year’s holiday season. However, don’t let the sense of urgency and FOMO take away your vigilance— fraudsters, hackers, and scammers might take advantage of that.

About OctaFX

OctaFX is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries with more than 12 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.

On a side note, OctaFX has also won more than 50 awards since its foundation, including the 2021 ‘Best ECN Broker’ award from World Finance and the 2022 ‘Best Global Broker Asia’ award from International Business Magazine.

SimpleFX Black Week 2022

It is the week of promotions, and with it starts The SimpleFX “Black Week 2022. If you join the Special Offer, you can participate in up to three consecutive promotions:

  • Black Week Cashback
  • Black Weekend Affiliation Promo
  • Cyber ​​Monday With Zero Swaps

Black Week Cashback

The Offer starts at 08:00:00 AM UTC on November 22, 2022, and ends at 23:59:59 UTC on November 25, 2022. SimpleFX users can get up to $1200 cashback paid in Bitcoin as part of the promotion. The higher deposit you make, the more cashback you get.

You can use the spread cashback on the client’s accounts for trading or withdrawal – as you prefer!

How to Get SimpleFX Black Week 2022 Cashback?

Every registered SimpleFX client can participate in the Offer, but only Qualified Traders will receive the spread cashback. How to become a Qualified Trader and be rewarded with a 60% cashback on the spreads?

  • You must be a registered SimpleFX user.
  • You must generate spreads of at least $2.5 on live accounts during the promotion period.
  • During the Offer, you need to have a positive net deposit.
  • Please, note that promotion participants must only withdraw funds from their live accounts after receiving the Bonus.

Here is a complete list of rewards SimpleFX traders will get in the Offer:

$10 Affiliation Bonus

On November 26, 2022, at 00:00:01 AM, UTC you can join the promotion for affiliates and people who want to start their adventure by recommending the platform to other traders.

All registered users who invite a new person to join the platform will receive a $10 bonus. The invited user must make a LIVE deposit of at least $100 during the promotion period. The promotion will last until 23:59:59 UTC on November 27, 2022.

Qualified Traders can invite an unlimited number of users and can receive an unlimited number of bonuses.

Cyber Monday With Zero Swaps

In addition, SimpleFX kick-starts the “Cyber Monday With Zero Swaps.” The offer is valid between 00:00:01 a.m. UTC on November 28, 2022, and 00:00:01 UTC on November 29, 2022. The platform will not charge any overnight swaps for opened positions that day!

Join The Offer and Have Fun On Black Week 2022!

About SimpleFX – The Best Trading Platform

SimpleFX is a crypto trading platform where you can invest in cryptocurrencies, Forex, commodities, and stocks.

The Platform provides leverage of up to 50x on stocks and up to 500x on Forex. This allows you to buy and sell without risking the total contract size. The Platform is simple and user-friendly. Even beginner traders can quickly buy stocks and cryptos before they become expensive and sell before their price increases.

You can open over 50 accounts on the Platform and receive a first deposit bonus.

Last Chance to Secure Your Early Bird Pass for iFX EXPO Dubai 2023

The fintech world is getting ready for the next iFX EXPO Dubai edition that will take place 16-18 January 2023 at Dubai World Trade Centre. With booths and sponsorships booked in a record time, this show is expected to be the largest iFX EXPO event ever held in the MENA region. iFX EXPO Dubai 2023 will host 40% more exhibitors than the previous Dubai edition and will welcome around 3500 attendees from all over the world.

During more than 10 years of its illustrious history, iFX EXPO has brought together more than 2000 exhibitors and over 50 000 attendees from across the globe. The show has gained remarkable traction as an indisputable event benchmark for business networking and collaboration, distinguishing itself as a must-attend expo for industry players seeking growth opportunities in the financial and fintech space and willing to keep abreast of the most ambitious developments spearheading the future of fintech.

What to Expect

The industry has shown an unprecedented interest in the show, having started to book sponsorship and booth slots long in advance. Exness tops the list of proud exhibitors and sponsors as the Official Global Partner, followed by industry giants such as ZuluTrade, MultiBank Group, B2Broker, ADSS, OneZero, and many others. The full list of iFX EXPO Dubai 2023 exhibitors and sponsors can be viewed on the official website.

During 2+ days of the expo, the industry professionals will meet with clients and colleagues from 120+ leading brands, discover new business opportunities, engage in insightful content from 100+ industry experts and discuss business in a casual setting at the iFX EXPO legendary parties.

iFX EXPO is the ultimate destination for the fintech industry and a perfect platform for global business collaboration that brings together industry leaders from all over the financial and fintech space:

· Technology & Service Providers

· Digital Assets & Blockchain

· Retail & Institutional Brokers

· Payments, Banks & Liquidity Providers

· Affiliates & IBs

· Regulation & Compliance

What Past Exhibitors Had to Say About iFX EXPO

“It’s an incredible opportunity to meet amazing professionals from the industry, as well as engage in business with companies that are truly looking for solutions.”

Harel Falk – VP Sales & Business Development, Solitics

“The show provides an invaluable opportunity for us to meet potential and existing clients, get new business opportunities, learn about new products and trends, meet business partners, and showcase all our latest products.”

Arthur Azizov, CEO of B2Broker

“For us, one of the best things about events like iFX EXPO is the chance to get up close and personal with industry professionals and gain new and meaningful face-to-face connections with new and existing clients from around the world.”

Exclusive Capital

Register Now to secure your Early Bird Pass

Take advantage of the Limited Time Offer and get your Early Bird Pass for iFX EXPO Dubai 2023. Register now to get access to 2+ days of unlimited networking, admission to Speaker Hall and Idea Hub, access to Sponsored Food & Beverages and Business Lounge Areas, as well as to exclusive networking parties.

Don’t miss out, join the event that sets trends and shapes the future of the fintech industry!

ACY Sponsors NSW Table Tennis Open Championships

This latest sponsorship is part of the wider two-year sponsorship agreement with Table Tennis New South Wales (TTNSW) announced earlier this year here and is in line with ACY’s continued support for local and national cultural events, sporting and community organisations.

Ashley Jessen, ACY Securities COO said, “It was a true privilege to award the NSW State Champions for the Open Men’s, Women’s, and Under 21 titles. The talent of all players was incredible, and I was fortunate enough to watch both the Men and Women’s grand finals. When you watch the best of the best play, you begin to realise the immense skill and talent of the players, not to mention the dedication to honing those skills over 10+ years.”

All NSW Open champions had to overcome a series of intense matches leading up to the Grand Final, including 3 rounds, which were a best of 7 eliminations.

The Grand Final saw the tension build, with their coaches and support crew cheering on for each point won. At this level, nothing is left to chance, as each competitor threw everything they had at it.

In the women’s final, it was Tracy Feng overcoming Chermaine Chen 4 to 1 in an extremely close series of games. In the men’s final, TA Yeo claimed the victory in a dominating display of power table tennis over Daiki Shimojo, who is one of the more consistent players on tour.

“It was great to hear the feedback from the winners and their support team, who were thankful for the increase in prize money provided by ACY, recognising their wins. And it was quite the historic time to be crowned champion, as Table Tennis NSW celebrates its 120th year, playing since 1902.” Added Jessen.

The results of the championships are below.

Congratulations to all players who competed in the ACY NSW Table Tennis Open Championships.

About ACY Securities

ACY Securities is one of Australia’s fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs.

IronFX Black Friday Promotion: VIP Trading Room 50% OFF*

November 22, 2022 – IronFX is pleased to announce its Black Friday forex promotion. The Black Friday deal gives access to the broker’s exclusive VIP Room at half price. The Black Friday forex promotion is valid from the 21 November to the 28 November 2022.

What Is the VIP Room?

It is IronFX’s latest educational product and demonstrates the leading broker’s commitment to delivering educational content to support its growing trading community.

The VIP Room provides access to interactive institutional grade market forecasts and gives traders the opportunity to request market analysis and ask award-winning analysts questions in real time.

Get a VIP Treatment with IronFX’s Black Friday Deal

You can treat yourself to IronFX’s premium services at half price. Below are the 4 VIP Room accounts you can access at half price.

How to Get Access to the VIP Room?

If you don’t already have an IronFX account, then you can first open an account. You can then log in to the Client Portal and select the VIP Room. Make sure your account balance meets the minimum required amount to access the VIP Room.

Note: The Black Friday VIP promotion runs from 21 November 2022 until 28 November 2022.* 

About IronFX

IronFX is the award-winning global leader in online trading, with state-of-the-art trading platforms and more than 500 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. The broker serves more than 1.5 million retail clients from over 180 countries providing some of the most competitive conditions in the industry including ultra-low spreads and fast execution.

Related Links:

IronFX Website

Black Friday Promo

Are you new to IronFX? Register here to join.

All trading involves risk. It is possible to lose all your capital. This offer is made by Notesco Limited registered in Bermuda.

*Terms and Conditions apply.

Mitrade Kicks Off World Cup Fever, Fan Tokens Now Available for Trading

Tuesday, 22nd November 2022, (Melbourne, Australia) – To celebrate the World Cup, global CFD trading broker Mitrade has listed a total of eight new coins in their platform. Soccer fans can now join in the fiesta and trade on the price fluctuations, supporting their favorite football teams during the biggest football event on the planet.

Mitrade launched their fan tokens on November 21st with the commitment of making football tokens accessible to the public by providing real opportunities for them to be an investor in the global sports business.The broker provides an intuitive platform for esport organizations to take fan engagements to the next level and at the same time, showing the CFD trading broker’s overarching support of the sporting space.

Fan tokens are cryptocurrencies created to give fandoms of sports teams, bands, and other organizations a better experience with membership perks like voting rights on certain decisions, a variety of rewards, merchandise, etc.

The football tokens listed on Mitrade’s platform include one of the most extensive selections in the market, including fan tokens of legendary teams such as Manchester City, FC Barcelona, Paris Saint-Germain, AC Milan, Juventus, FC Porto, Santos FC, and Lazio.

Refer to this chart here for more information on the contract specifications regarding Mitrade’s fan tokens. The tokens will be available on Mitrade’s website till further notice.

You can start trading football fan tokens on Mitrade’s website here.

How To Trade Football Fan Tokens on Mitrade

  1. Head over to www.mitrade.com and log in to your account. If you don’t have an account yet, you can click to create an account here.
  2. Head over to Mitrade Fantokens listing tab.

  1. Select the token that you want to trade
  2. Start trading!

You can start trading on Mitrade’s website here.

About Mitrade

Mitrade is an international award winning CFDs online trading broker with a mission to make FX and CFDs trading simplified. With over 1.2 million app installs and 40,000 active traders, Mitrade is committed to serve trading platforms on the latest and most popular assets including FX, commodities, and indices that best satisfy investors’ needs from all over the world.

Mitrade is committed to making trading simplified and providing the best user experience through their mobile and web platforms.

Social Links

Facebook: https://www.facebook.com/MitradeOfficial

Twitter: https://twitter.com/MitradeOfficial

LinkedIn: https://www.linkedin.com/company/mitradecom/

Instagram: https://www.instagram.com/mitrade_official/

YouTube: https://www.youtube.com/c/Mitradeglobal/

Media Contact

Company: Mitrade

E-mail: branding@mitrade.com

Website: https://www.mitrade.com/

ACY Securities Wins Best Transparent Trading Broker Award at Smart Vision Investment Expo in Egypt

Continuing its winning streak, ACY Securities, one of the world’s leading tech-focused multi-asset CFD brokers, has won the Best Transparent Trading Broker Award at the Smart Vision Investment Expo held in Cairo and Alexandria on 3-6 November 2022.

This most recent award came on the heels of a string of recognition and accolades bestowed on ACY Securities by its industry peers as well as the wider business community in different countries.

Alla Darwish, ACY Securities Managing Director for the MENA region said, “Winning the Best Transparent Trading Broker Award is strong evidence that traders value the products and services we offer. This award strengthens our resolve to continue to deliver innovative and technology-focused trading products and services to our clients.”

He added that with his leadership, the ACY MENA team remain a trusted trading broker that will deliver a wide range of financial instruments and leading-edge trading platform.

The Smart Vision Investment Expo 2022 is the largest gathering of traders and financial market experts held in Cairo and Alexandria. The event attracted B2B and B2C attendees including investors, traders, introducing brokers, payment solutions and trading platform providers.

About ACY Securities

ACY Securities is one of Australia’s fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs.

The Supply of Soybeans Is Rising While Demand Is Fragile

After two straight sessions of falling prices, soybeans prompt-month futures contract traded on the Chicago Board of Trade (CBoT) went up 0.8% on Friday and settled at 14.28 USD per bushel. Still, the contract was down 1.9% w-o-w as surging coronavirus cases in China dashed hopes of a swift reopening of the economy. Furthermore, soybeans price declined due to the spillover pressure from other commodities—most notably, crude oil.

According to OctaFX experts, soybeans often follow the trends in the crude oil market due to their role as feedstock for ethanol and biodiesel production. Even the recent weakness in the U.S. Dollar Index (DXY) failed to provide additional support for greenback-priced commodities (by making them less expensive for importers) as worries about demand in China, the world largest importer of soybeans, outweighed other bullish factors.

The United States, Brazil, and China are the three countries that drive the soybeans market. The United States is both the world’s second-largest consumer and the world’s second-largest producer of soybeans. China is the largest consumer of the crop, accounting for no less than a third of the total world soybean demand, while Brazil is the world’s largest supplier.

In its latest Oil Crops Outlook, the U.S. Department of Agriculture (USDA) has revised its soybean crush outlook for Brazil by 0.3 million metric tons and expects it to reach a record 51.8 million metric tons. According to Brazil’s National Association of Cereal Exporters (Anec), the country exported some 3.56 million tons of soybeans last month compared to 2.98 million tons in October2021.

Similarly, the World Agricultural Outlook Board (WAOB), in its recent World Agricultural Supply and Demand Estimates (WASDE) report, painted a generally upbeat picture of the U.S. soybean production. WAOB forecasts production to increase to 4.35 billion bushels due to higher yields in Iowa, Missouri, Nebraska, and North Dakota. With exports unchanged, the soybean ending reserves outlook was raised from 20 million to 220 million bushels. The U.S. season-average soybean price for 2022–2023 is forecast to average 14.00 USD per bushel, unchanged from last month.

However, booming soybean production in the U.S. and Brazil is partly offset by negative supply issues in Argentina, where a severe lack of rainfall made field work difficult and forced farmers to delay soy planting. In addition, the shaky ‘grain deal’ between Russia and Ukraine continues to remain a source of persistent uncertainty putting upward pressure on prices of many soft commodities, including soybeans. Still, the supply picture looks relatively solid, OctaFX analysts point out.

For example, the USDA report from November 14 showed the U.S. soybean harvest at 96% complete, just behind the average expert estimate of 97% but ahead of the five-year average of 91% and up from 94% a week ago. Furthermore, reports surfaced that Argentina was considering reinstating a special exchange rate for soybean producers in a bid to boost exports, as the country needs grain export dollars to replenish its reserves.

When it comes to demand, however, the situation is not so bright. China remains the key market for soybeans, and any signs of slowing demand there has an immediate negative impact on prices. According to OctaFx experts, a massive 16% drop in soybeans prices in mid-August in just three days was very much China-driven.

On 15 August, the People’s Bank of China (PBOC) unexpectedly cut key interest rates and withdrew some cash from the banking system, attempting to revive credit demand to support the COVID-hit economy. Such a step raised fresh concerns about an economic contraction in China, which resulted in a sharp drop in commodity prices.

As the largest buyer of U.S. soybeans, China plays a key role in the market. Right now, the situation is mixed. Although China is facing a rise in COVID-19 cases, the authorities have sought to apply more targeted measures, as opposed to nationwide lockdowns. Therefore, OctaFX expert team expects a surge in COVID-19 cases to lead to only minor locally-based lockdowns and mostly in the short term, as new widespread curbs will have a negative impact on the economy and will fuel public frustration and discontent.

Still, the market is forward-looking and the price for soybeans has been affected by rising fears of lockdowns that could curb demand for commodities. It is unclear if China can remain the source of bullish support for agricultural commodities. Indeed, the most recent data indicates that imports are slowing down.

According to the General Administration of Customs, China’s imports of soybeans fell 19% y-o-y in October to 4.14 million tonnes, the lowest for any month since 2014. Part of the reason for such a sharp drop in imports is very low crash margins inside China. However, OctaFx analysts say that China still needs to rebuild its soybeans stockpiles, so imports will probably rise in November and December.

Technically, 14.00 USD per bushel offers a strong support level, so soybeans will likely trade around this level in the short term. If the soybeans price drops below 14.00 USD per bushel, the bears will almost certainly attempt to retest the 13.80 USD price zone. Alternatively, a rise above 14.40 USD will open the way towards 14.70 USD and possibly 15.00 USD.

About OctaFX

OctaFX is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries who have opened more than 12 million trading accounts. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.

MultiBank Group Announces the Relocation of its Headquarters from Hong Kong to Dubai

Leaders and VIPs of the trading community enjoyed a grand evening of entertainment and networking at the Annual Gala Dinner 2022.

  • Since its inception in 2005, MultiBank Group has evolved into the largest financial derivatives institution worldwide. Just recently, in October 2022, MultiBank Group moved its Headquarters from Hong Kong to Dubai, UAE. Mr. Taher, Chairman of MultiBank Group – stated:

“MultiBank Group has been recently awarded additional licenses issued by two of the most respected regulators worldwide, the Securities and Commodities Authority of the United Arab Emirates (“SCA”) and the Monetary Authority of Singapore (“MAS”).

The Board of Directors had a difficult choice between deciding whether to move to Singapore or Dubai as its new Headquarters. After lengthy deliberations, I am glad to say that they approved unanimously the move to Dubai in view of the positive and encouraging policy of the UAE Government in promoting Dubai as a global major financial centre.

We are very proud that MultiBank Group has moved to Dubai with an impeccable record with its global regulators, bringing the world’s largest financial derivatives institution to consolidate its position in the UAE.”

  • MultiBank Group is present in over 20 countries across 5 continents, including Hong Kong, Australia, Singapore, Ireland, United Kingdom, Germany, Austria, Mexico, Cyprus, Turkey, Ecuador, United States of America, China, Malaysia, Vietnam, Philippines, India, Cayman Islands, British Virgin Islands and now, the United Arab Emirates.
  • The Annual Gala Dinner, an exclusive invite-only event, brought together influential members of the trading community, giving them the opportunity to partake in MultiBank Group’s vision for the future. As a leading financial and fintech provider, the Group has experienced unprecedented yearly growth and record-breaking financial results. Read more at https://multibankfx.com/lp/gala-dinner.

About Multibank Group

MultiBank Group was established in California, USA, in 2005. Boasting a daily trading volume of over US $12.1 billion, it provides services to an extensive client base of over 1,000,000 customers across 100 countries. MultiBank Group offers customers award-winning trading platforms, with up to 500:1 leverage on products including Forex, Metals, Shares, Commodities, Indices and Digital Assets. For more information about MultiBank Group, visit https://multibankfx.com.

cTrader Now Delivers the Latest News in your Native Language!

In its desire to reach international audiences, cTrader has partnered with FXStreet – a leading independent newsfeed and economic calendar provider that brings you the latest market news in your preferred language, delivering a multilingual and robust finance “News” feed for cTrader users.

Given the importance of minimizing time and stress with an effortless and smooth UI, cTrader has extended its language availability on the platform’s “News” section, incorporating nine (9) new languages. With FXStreet’s ultra-complete newsfeed and economic calendar, there is no longer a need to spend time identifying, translating and understanding news.

“News” is now readable in English (English), Spanish (ES), Russian (RU), Arabic (AR), Indonesian (ID), Turkish (TR), German (DE), Chinese (zh-CN), Vietnamese (VI), and Thai (TH). This is available on all devices – cTrader Desktop, Web, and Mobile Apps.

The “News” feed can be translated by choosing your preferred language from one of the ten (10) languages mentioned above. This new feature has been developed to allow for a more confident and straightforward UX, as well as for assistance in optimizing the decision-making process and risk management for all end-users.

A vast array of financial information allows users to keep up to date with the latest trends, price movements, industries, and companies. From monetary policy alterations to economic data points and price movement breakdowns, cTrader offers global event coverage encompassing Forex CFDs, equities, bonds, ETFs, Energies, Commodities, Futures, and more.

Spotware’s Head of Product, Alexander Strelnikov, adds, “There are a lot of English terms that users do not easily comprehend, particularly when it comes to finance-related terminology. The update was created to facilitate the operations of non-English speakers in the markets. As new languages are added, users will be able to absorb information from economic news faster, easier, and more efficiently, allowing them to make better trading decisions.”

Please feel free to discuss the new additions and ask any follow-up questions via the cTrader Community Board, cTrader Official Telegram channel, or Facebook Group.

About Spotware – cTrader

cTrader, a premium trading platform offered by leading brokers and trusted by millions of traders worldwide, is the flagship product of Spotware, an award-winning financial technology provider specializing in complete business solutions and complex custom development projects.

cTrader is a one-of-a-kind platform that doesn’t engage in trader fraud and prides itself on 100% transparency while providing brokers with a complete solution that raises their brand value by putting them in a category of brokers that can be trusted while simultaneously catering to the needs of all their traders.

From complete beginners to professionals, the cTrader Suite offers numerous trading modes – cTrader Trade, cTrader Copy, cTrader Automate, and features available on the Web, Desktop, and Mobile devices. Spotware has been raising the standards of the online trading industry since 2010, providing constant innovation ever since.

Founded on the values of transparency and the TradersFirst™ approach, the company develops products responsive to the changing demands of the business and regulatory landscape while serving the long-term interests of all market participants.

INFINOX Adds to its MENA Institutional Sales Team with Strategic Hire of Ayhan Gürcüoğlu

17 November 2022 Global trading platform INFINOX has strengthened its institutional arm, IXO Prime, with the strategic hire of Ayhan Gürcüoğlu. Gürcüoğlu will bring his vast experience and localised knowledge to drive the expansion of IXO Prime in Turkey and surrounding markets.

Gürcüoğlu has more than a decade of experience in the financial services industry, managing sales teams across a number of different securities, including FX, CFDs, futures, and more.

As a highly respected industry professional, Gürcüoğlu previously held the position of VP Institutional Sales at Finalto for over three years. He also spent eight years in managerial roles focused exclusively on the Turkish market, bringing with him an array of contacts, local knowledge and expertise in the field. “I’m delighted to be joining the IXO Prime team here at INFINOX. The team have built a formidable reputation already and have provided the perfect environment to focus on the huge potential that is Turkey,” Gürcüoğlu said.

“The IXO Prime offering is the full package; competitive pricing, backed by a global trading infrastructure, and offers over 900 trading instruments. The institutional industry revolves around service and relationships, and these will be integral in our strategy of driving IXO Prime forward in this region.”

Robert Berkeley, CEO of INFINOX, added: “Ayhan’s addition is another sign of our ambition for growth. It confirms our position as a premium liquidity provider and we look forward to Ayhan playing a pivotal role in accelerating that growth of IXO Prime.”

About INFINOX

INFINOX is a global, online trading provider with a presence in 15 countries. Founded in 2009, for nearly 13 years it has put world-class trading power into investors’ hands. Every day, it enables thousands of clients across Europe, Asia and beyond to trade a full range of asset classes, from forex to equities and commodities, and now crypto.

Its business is built on integrity and trust, and it offers customers access to a range of market intelligence tools as well as dynamic products, competitive trading parameters and premium, one-on-one customer service.

For further information on INFINOX, visit www.infinox.co.uk

For media enquiries, contact Cameron Bowen at cameron.bowen@infinox.com.

FP Markets Launches the Upgraded and Redesigned Introducing Broker (IB) Portal

The FP Markets IB program is one of the leading partners programs in the FX industry and is designed to remunerate and reward introducers and partners that refer clients to FP Markets.

With the new and updated IB portal, IBs have access to view their clients’ traded volumes and Sub-IB networks, and the ability to produce bespoke reports using advanced analytics tools. Partners can closely follow the client journey from approval status to deposits and withdrawals, ensuring full transparency.

Further features include:

  • An advanced user-friendly Dashboard that provides a snapshot of latest and all time account activity,
  • Data visualisation tools to view month-by-month performance.
  • Improvements to the referral link function allowing IBs to choose from a variety of landing pages which meet their target market needs and help optimise conversion.
  • Detailed Visualisation of multilevel IB hierarchies allowing every partner to easily access their commission plans which are broken down per instrument category.
  • The procedure of transferring rebates/commissions has been streamlined to ensure smooth and swift transactions, and a variety of withdrawal options are available to partners.
  • A brand new marketing section has been added to the IB Portal to assist IBs in attracting new clientele through the use of marketing material available in multiple languages,
  • Partners also enjoy direct access to the Partners Hub for all the latest news, interviews, and tutorials.

Project Manager Kim Reilly stated: “Introducing Brokers rely on transparency, excellent reporting and marketing tools to effectively manage their referrals. It is essential that partners have a point of reference to view their generated rebates and the commission rates they receive.

We have transformed our IB Portal and provided upgrades IBs will really enjoy. The redesign was guided majorly by our partners’ feedback. What we have delivered is enhanced business intelligence, providing them with reporting tools that are second to none so that every type and level of IB will benefit.”

Join here to be part of a highly competitive, volume-based rebate structure combined with low entry barriers.

About FP Markets

  • FP Markets is an Australian Regulated global Forex Broker with more than 17 years of industry experience.
  • FP Markets offers highly competitive interbank Forex spreads available from 0.0 pips and leverage up to 500:1 on its pro account.
  • Download FP Markets’ Mobile App and trade on the go across several powerful online platforms like MetaTrader4, MetaTrader5, WebTrader, and Iress.
  • The company’s outstanding 24/7 multilingual service has been recognized by Investment Trends as home to some of the most content clients in the industry, having been awarded ‘The Highest Overall Client Satisfaction Award,’ five years running from Investment Trends.
  • FP Markets has been awarded as the ‘Global Forex Value Broker’ for four consecutive years (2019, 2020, 2021,2022) at the Global Forex Awards.
  • FP Markets has been awarded the “Best Forex Trading Experience in the EU” at the Global Forex Awards 2021.
  • FP Markets has been awarded the “Best Forex Broker in the EU” and the “Best Forex Partners Programme” at the Global Forex Awards 2022.
  • FP Markets has been awarded “Best Trade Execution” at the Ultimate Fintech Awards 2022
  • For full details of our wide-ranging offering, visit https://www.fpmarkets.com/

Mitrade Launches Global Afliate Program, Shares up to 50% of its Profts with Partners

Mitrade welcomes everyone who is interested in building their career in the investing industry. The afliate program is open to everyone, regardless of background and occupation

Mitrade’s afliate program aims to promote a long term collaboration between the brand and afliates, offering collaborators an attractive and robust platform to introduce customers to Mitrade’s award winning CFD trading platform.

The afliate program offers two different schemes to choose from, cost-per-acquisition (CPA) and revenue share program. Both schemes help the afliate partners access special deals where they can generate income on a continuous basis for every new user they invite to join the platform. Anyone can take part in the Mitrade afliate program by registering at www.mitradeafliates.com.

Afliate partners will enjoy all the following perks once they are verifed:

Earn Even When You’re Not In Front of Your Computer

Looking for a job that you can do without getting out of your pajamas? Partnering with Mitrade might be the solution. After spending a few hours to do the campaign, as clients use the product

over time, you’ll be able to run the campaigns smoothly with the help of your dedicated afliate managers over following weeks.

Leverage on Mitrade’s Award Winning Branding

Not only has Mitrade won several awards from leading fnancial institutions and 1,200,000 downloads worldwide, the company has also been featured on major news channels such as Yahoo Finance, Bloomberg, and more. Thus, take the opportunity to leverage Mitrade’s global audience to build your name in the trading space.

No Referral Limits

There is no limit to how many customers an afliate partner can refer. Regardless of the size of your audience, the more you share the higher the potential payout.

Exclusive Marketing Materials

As Mitrade’s user base come from over 80 countries worldwide, marketing materials are provided in different languages to help you streamline your campaign planning efforts to quickly kick-start the process.

Participants interested in joining the Mitrade Afliates program can register here.

Nitish Nautiyal, Head of APAC Afliates at Mitrade, said: “I am thrilled to see the traction we have gained in just a month of launching our afliate programme onboarding partners from multiple countries in the Asia Pacifc.

The Afliate Programme is a new way of doing business with Mitrade, encouraging afliates to enter a long term co-operation to educate their users about sustainable and compliant capital market trading practices. Full time afliate marketers in the industry are encouraged to apply for a rewarding partnership which provides value add through a robust way to drive business growth.”

How to Start Earning with the Mitrade Afliates Program?

  1. Sign up and decide on the program you would like to join
  2. Explore your dashboard and promotional tools we have ready for your use
  3. Share your afliate link with your audience
  4. Get paid for your validated referrals

About Mitrade

Mitrade is an international award winning CFDs online trading broker with a mission to make FX and CFDs trading simplifed. With over 1.2 million app installs and 40,000 active traders, Mitrade is committed to serve trading platforms on the latest and most popular assets including FX, commodities, and indices that best satisfy investors’ needs from all over the world.

Mitrade is committed to making trading simplifed and providing the best user experience through their mobile and web platforms.

For more information, visit: https://www.mitrade.com/

Contact

branding@mitrade.com

Are There No Good Brokers Left?

That’s what he said:

“I have been trading for about 15 years with many different types of brokers, but mainly within the euro area. And to mine overall experience. I have divided those brokers into two different groups. Those groups we refer to in the broker industry is: A-book and B-book

Let’s start with B-book, it is referred to as a Market Maker. Therefore when you are trading you are not trading on a live market feed. Instead you are trading on the feed of the broker itself in which they have control of 100% of your trades. I have noticed this after comparing the prices between brokers that a Market Maker had a higher price versus the A-book broker on most assets.

Now for A-book, A-book is referred to “STP”, which stands for straight through processing. With this model of trading you are basically trading on the live market but every time you open a position the broker takes a small commission, which I find is the most user-friendly win-win side of the situation.

Therefore it is in the best interest of the broker that I earn money and continue earning money to generate a larger volume of trades which means more commission for the broker and more success for me.

I’ve come across a few brokers that claim to be fully STP meaning that they don’t have a B-book or a dealing desk, but only one of them seems to have met my expectations in every way, 4XC also provided all of the materials and resources with no charge whatsoever, which is a good sign that they are actually looking to better my success.

I’ve been trading with 4XC for the past year, and so far I don’t have any complaints, and I now understand what it’s like to have real market trading experience”.

Orbex Awarded Best FX Educational Broker in MENA

Orbex, a global multi-regulated financial services broker, has received the “Best FX Educational Broker in MENA 2022” award at this year’s Forex Expo in Dubai. The award was granted in recognition of Orbex’s longstanding commitment to providing its traders with superior market research, analysis, and trading education in both English and Arabic.

Forex Expo Awards recognizes the accomplishments of leading businesses that exemplify excellence and innovation in the global fintech and financial services industry. The awarding ceremony is held annually at the conclusion of the Forex Expo in Dubai which gathers tens of thousands of traders and leading professionals from the broader fintech and investment services industry including banks, institutional investors, hedge funds, brokers, fintech solution providers, and media houses.

As one of the Forex Expo’s Titanium sponsors, Orbex was also able to showcase its trading services and partnership opportunities and give attendees the opportunity to meet its multi-awarded Research & Analysis team in person.

Since its establishment in 2011, Orbex has been known to invest heavily in educating their clients and the broader trading community on the financial markets and how to trade online with CFDs via daily market news analyses, live webinars, local seminars, and special reports. Committed to “serving traders responsibly”, Orbex has a particularly strong presence in the broader MENA region and most Arabic-speaking countries, given its continuous investment in top-notch Arabic Research & Analysis.

Orbex Head of Training and Market Strategy Mohammed Al-Mariri who had the opportunity to accept the “Best FX Educational Broker in MENA 2022” in person, commented:

“This award validates our continuous efforts to provide the best possible trading education and help traders gain a better understanding of the global financial markets and how to trade in them. We are extremely pleased that our Research team’s dedication to high-quality research has once again been recognized by Forex Expo Awards and we remain committed to continuing to provide traders with actionable market commentary, real-time expert analysis, and exclusive trading insights in multiple languages.”

It’s worth noting that earlier this year, Orbex’s Research team was honored with the ‘Best Forex Research and Education Provider 2022’ by the acclaimed fintech magazine and awarding body World Finance.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools and the ongoing support needed to assist clients in navigating the global financial markets.

Koinal Adds Fuel to Crypto Fire With Raft of New Features Including Apple Pay

It already allows payments through credit and debit cards or bank transfers, and it is now one of only a few providers to let people buy cryptocurrencies with Apple Pay, providing its customers with even more choice.

Koinal customers can use Apple Pay to buy crypto through its website using Safari web browser and it will be available through its IOS App on iPhones or other IOS supported devices shortly. While some providers charge more for Apple Pay purchases, Koinal does not charge extra fees.

New users can get started by visiting www.koinal.io or by downloading the Koinal app from the App Store and they can currently take advantage of a special promotion and get 10 USDT for free to use on their first trade when they sign up and pass their KYC verification process. They can start trading with as little as $20, as Koinal’s minimum limits have also been reduced.

According to Anil Oncu, CEO, SG Veteris: “Buying crypto can be a daunting process for new investors, and we want to make it as easy as possible for those drawn to crypto investing while prices are still down, and for those ready to start investing or adding to their balances as the market starts to pick up again. Apple Pay is a very popular and familiar app that provides another option to buy crypto quickly, seamlessly and securely.”

Koinal has also been taken to a new level with a raft of other new features to improve functionality and help its customers across the world to manage their coins easily, in one place. Its’ revamped design means it offers one of the smoothest and most user-friendly experiences on the market and it now acts as a one-stop-shop allowing users to:

  • Hold and store crypto assets securely when they buy them and manage their coin balances in Koinal
  • Sell cryptocurrency and exchange their coins to fiat
  • Withdraw cryptocurrency and send it to another wallet address
  • Deposit cryptocurrency and transfer from other wallets
  • Buy crypto with fiat (through credit/debit cards, bank transfer or Apple Pay)

Koinal is a reliable, well-established platform with a long track record, allowing customers to carry out instant and real-time transactions, and accepts most cards across 150+ countries.

Anil Oncu adds: “Our market leading customer service team makes Koinal particularly popular amongst new and novice investors because they have access to 24/7 support which provides fast responses and can hold their hands through the whole process. We also have a strong focus on security with state of the art encryption technology and one of the most sophisticated fraud prevention measures on the market.”

Founded in 2016, SG Veteris is a global cryptocurrency-based fintech services group, which is headquartered in London and has offices across five countries (UK, Bulgaria, Estonia, Lithuania and Turkey).

It provides secure, fast and reliable cryptocurrency-based financial solutions for individuals and businesses of all sizes, to make cryptocurrency easy to access and use. Its brands include:

  • Koinal: a global crypto trading platform which provides a fast, easy and secure way to instantly buy, sell, deposit or withdraw the most popular cryptocurrencies 24/7 through credit and debit cards, bank transfers and Apple Pay. (www.koinal.io)
  • Bitpace: a trading and payment gateway which provides businesses with a leading ecommerce tool to accept instant payments in a range of cryptocurrencies for their products and services, offering the best and biggest alternative to Fiat payment methods. (www.bitpace.com)
  • OTC Trading: a discreet, personal, one-to-one, over the counter service for institutions and

individuals wanting to trade high cryptocurrency volumes (over £100k), supporting 100+ coins and comprehensive coverage in over 100 countries. (www.sgveteris.com/otc-services)

RoboMarkets Becomes the Gold and Title Sponsor of the AEL Women’s Volleyball Team for the 2022-2023 Season

November 8, 2022

Limassol, Cyprus

The collaboration of RoboMarkets with AEL started already five years ago and keeps evolving thanks to the goals the two organisations have in common – victory and leadership. However, what mainly unites them both is their passion for volleyball. Over the years of working side by side, there have been challenges and bright times.

This invaluable experience made the team stronger, and in the upcoming season, it will fight for victory with the new Title sponsor and under the new name – RoboMarkets AEL Volleyball. Apart from the new name, the sponsorship implies placing a RoboMarkets logo on the team’s outfit and organising joint marketing activities.

Founded in Limassol in 1976, ΑΕΛ (AEL Limassol), now re-named RoboMarkets AEL Volleyball, is the leader among the volleyball teams of the Republic of Cyprus. It boasts a record number of titles among the women’s volleyball teams in Cyprus – 30 Championships. Moreover, the team has become the holder of the Cup of Cyprus 28 times and the Super Cup of Cyprus – 12 times.

Denis Golomedov, Chief Marketing Officer at RoboMarkets, states: “We have been supporting the team for years, and are now on a new collaboration level in our dual capacity as Gold and Title sponsor. This makes our connection even stronger, especially during the 2022-2023 season. We are proud to give our name to one of the best volleyball teams in Cyprus. We will be doing our utmost to help the team become even better and reach new heights together with us!”

“On the occasion of expanding our collaboration with RoboMarkets as our Gold sponsor as well as Title sponsor, I would like, on behalf of the RoboMarkets AEL Volleyball committee to express our deep appreciation to RoboMarkets and its management. Knowing that we have great a company and people as partners, not only supporting us financially but also psychologically, pushes us to maximise our effort for distinction and fulfillment of our goals”, comments Costas Constantinou, President of RoboMarkets AEL Volleyball committee.

About RoboMarkets

RoboMarkets is an investment company with the CySEC license No. 191/13. RoboMarkets offers investment services in many European countries by providing traders, who work on financial market, with access to its proprietary trading platforms. More detailed information about the Company’s products and activities can be found on the official website at www.robomarkets.com.