HYCM to Run Exclusive Dubai Seminar on Year-End Trading

The in-person seminar titled ‘Trading into Year-End: All You Need to Know’ will prepare investors on how to navigate trading into the end of 2021 and will be presented by industry expert and Chief Currency Analyst, Giles Coghlan, who regularly appears on CNBC Arabia, Asharq Bloomberg and other prominent media. This free seminar is from 4 pm – 8 pm and is open to anyone interested as long as they have booked their spot in advance.

Some of the topics to be covered include:

  • Which instruments are hot into year-end and which to avoid,
  • How to use the latest tools & resources to maximise trading potential,
  • Practices to improve trading strategy and common errors to avoid,
  • How to benefit from exclusive time-sensitive data.

At the end of the session, attendees can participate in a Q&A with Giles Coghlan. Moreover, attendees who open a trading account will be eligible for a special offer with exclusive benefits.

HYCM will also be present at one of the largest trading events, The Forex Expo Dubai, at the Dubai World Trade Centre. Anyone visiting the expo is invited to visit HYCM representatives at Booth No. 22. Giles Coghlan will give a speech on the 29th September on “How to trade gold into year-end?” in Exhibition Hall 6 and will participate in a panel discussion with prominent speakers on the 30th September.

HYCM has a long-standing history and reputation in the Middle East, with offices in Dubai, regulated by the Dubai Financial Services Authority, as well as London, Hong Kong, Kuwait, and Cyprus. These popular in-person seminars at one of Dubai’s most breathtaking hotels are part of its focus on the region. HYCM has been the recipient of over 20 awards, most recently including Best Forex Broker UAE 2020, Middle East 2018 and 2017.

Book a seminar seat

About HYCM

HYCM is the global brand name of Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd, Henyep Capital Markets (DIFC) Ltd and HYCM Limited, all individual entities under Henyep Capital Markets Group, a global corporation founded in 1977, operating in Asia, Europe, and the Middle East.

High Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.

The Full Crypto Trading in FBS Trader

Crypto to Be in Touch with the Future

It is hard to imagine the current and future market without cryptocurrencies that already found their way into people’s wallets and daily payments. Moreover, crypto is potentially an extremely profitable and dynamic asset since its price may change by 10% within a single trading day. Safe from inflation, cryptocurrencies promise to be even more widespread.

Thereby, FBS Trader opened the door to the world of digital coins and launched a Crypto account. This update constitutes the integration of complete crypto trading into the platform. So, the app confirmed the “all-in-one” title one more time.

A Closer Look at a Crypto Account

A new Crypto account allows trading more than a hundred crypto instruments: from top currencies, like Bitcoin and Ethereum, to the rare pairs, such as crypto to metal. The full list includes various combinations with crypto: Coins, Coin-Fiat, Coin-Coin, Coin-Metal.

One more benefit is that crypto is available to trade any time and any day. It gives traders more time to make a profit. Furthermore, for more flexible trading, the switching between accounts is performed in a few clicks, and all progress on accounts is automatically saved. Other pros of a new account are low spreads on crypto trading and fixed leverage 1:5.

Above all, FBS Trader managed to keep each transaction fast, secure, and stable on a Crypto account. Also, for convenience and ease of use, the deposits are converted into USDT. Likewise, traders can withdraw a profit in cryptocurrency or fiats.

In brief, a Crypto account provides a huge variety of crypto assets, unlimited trading 24/7, and convenient financial operations with crypto in a user-friendly interface of the app.

Safe Way to Enter Crypto Trading

For inexperienced novices, FBS Trader offers a risk-free Demo Crypto account with a virtual 10.000 USDT. This is an alternative way to trade crypto in the market with real prices and without risk.

Besides, a free educational course was launched to make traders more confident on a Crypto account. The FBS Head of Market Analysis shares information and all finesses of crypto trading on a new account. This course on YouTube suits both novice and pro traders.

Everything above is a good opportunity for novice traders to build new skills and knowledge in the safest way.

More about FBS Trader

FBS Trader is an all-in-one trading platform that allows trading on the go. It is a flagship product of FBS, a licensed and trusted broker that provides trading services for more than 12 years and has a strong reputation, awards, and high-quality products. More than 4 million clients already chose FBS Trader.

Sheer Markets launches Portfolio Management

Through dedicated teamwork, innovation and industry experience, the Sheer Markets philosophy is to work with investors to deliver an ongoing diversified Portfolio Management approach in this ever-changing investment climate, that will help preserve and grow investors’ wealth over the long-term.

Understanding the importance of tailor-made solutions is the overarching principle behind Sheer Markets Portfolio Management, which is a unique offering based on an investor’s circumstances, returns objectives, and risk appetite. As a Portfolio Management client, a team of assigned specialists will provide high-level, reliable, and up-to-date advice to support to the complex planning and management of an effective investment strategy.

The launching of Sheer Strategies, a selective number of institutional-grade managed-account investments made available to retail clients, is the first step into this full suite of Portfolio Management products.

Sheer Markets CEO, Howard Carr, commented:

The Sheer Markets brand is synonymous with integrity, experience, innovation and market access equality. Through our comprehensive suite of NDF execution services we are already providing trading products to retail investors that were previously only available to wholesale clients, and in the same vein, our Portfolio Management offering will make institutional ranking investments available to a much lower threshold of investor entry at just €2,500. Our initial five professionally managed programs under the Sheer Strategies banner will facilitate a range of FX and Cryptocurrency systematic trading techniques across a selection of proprietary risk parameters, thus enabling retail and institutional investors to take advantage of leverage and determine their own investment goals in achieving diversification, uncorrelated returns and investment alpha.”

Sheer Markets uses a proprietary classification schedule to determine the risk of each investment approach, and the five investment strategies initially available to EU domiciled clients are as follows:

Sheer Strategy Nova: Systematic FX only. Trading G7 currencies and crosses, short term in nature with a average holding period for positions of 10 hours. Medium to high risk.

Sheer Strategy Orion: Systematic FX only. Trading G10 currencies and crosses, short term approach seeking momentum and mean reversion opportunities with an average holding period for positions of 14 hours. Low to medium risk.

Sheer Strategy Jupiter: Systematic FX only. Trading G10 currencies, short-term using seasonality patterns and mean reversion structures with an average holding period for positions of 7 hours. Low to medium risk.

Sheer Strategy Neptune: Systematic Cryptocurrency. Trades only BTC, both long and short. Leverage is not used, and the strategy has a long bias with an average holding period for positions of 4 days. Medium to high risk.

Sheer Strategy Mercury: Systematic FX only. Trading 11 currency pairs using a short-medium trend/momentum approach with an average holding period for positions of 20 days. Low to medium risk.

Sheer Markets CEO, Howard Carr continues:

“What sets apart the Sheer Markets Portfolio Management offering from many of our peers is that all trading and investment management decisions are made internally, and along with a very competitive and transparent fee structure, this ensures the management and operation of our Sheer Strategies branded products are fully aligned to the investor. Sheer Markets actively collaborates with clients, and our sophisticated investment strategies and Portfolio Management offerings are available to a wide group of private investors with differing levels of market comprehension, not only the wholesale sectors.”           

By internalising the operations, management, and decision-making of Portfolio Management, and by lowering significantly the barrier of entry to institutional category products, retail investors are able to benefit from investment access equality and investment accountability.

Sheer Markets was established and licensed in 2020, with the mission to introduce a range of innovative products through the MetaTrader 4 and MetaTrader 5 platforms largely unavailable to online traders and investors. The Sheer Markets execution offering combines the live streaming of NDFs, EMFX, and FX, along with trading opportunities in cryptocurrencies, equities, indices, commodities, and hybrids, coupled with a bespoke Portfolio Management offering.

For more information on the Portfolio Management Service and the Sheer Strategies offered by Sheer Markets, click here.

9 REASONS TO CHOOSE ASX MARKETS FOR YOUR TRADING

1. ASX Markets is a reputable broker

ASX has a history of more than 10 years in the international market. ASX Markets stands for the business name of Asia Exchange Markets Ltd. Licensed and supervised by the Financial Services Committee, ASX Markets headquarters is currently located on Level 1, First St Vincent Bank Ltd Building, James Street, Kingstown St. Vincent and the Grenadines.

2. Trading with more than 600 products

Forex: offers more than 50 currency pairs, including major currency pairs, cross currency pairs and exotic currency pairs.

Indices: investors are allowed to trade 13 indices of the US, Japan, Switzerland, Hong Kong, UK, Germany, France stock markets…, along with some famous indices such as NAS100, SP500, UK100, HK50 , AUS200, JPN225…

Stocks: more than 500 stocks of famous companies listed on the US, European, and Asian stock markets… ASX Markets allows investors to trade stocks through Contracts for Difference CFDs.

Commodity: including precious metals, crude oil and agricultural products. Metals include gold (XAU/USD) and silver (XA/USD). Crude oil includes WTI and Brent oil.

3. Diverse trading accounts

ASX Markets provides 4 different account types for traders. These 4 account types are suitable for both new investors or experienced investors. So whoever you are, ASX Markets will provide an account that’s right for you. Here are some more details of the 4 account types:

ASX Zero: is an account for new customers, with little capital, to trade all products currently on the floor. This account has floating spread, ranging from 1.1 pips and no commission.

ASX Classic: the client using this account is similar to ASX Classic, but the spread is fixed. The minimum spread is 1.8 pips and there is no commission to trade. Depending on the investment needs and strategy, new traders can choose either an ASX Classic or an ASX Fixed account to start familiarizing with the market on a small amount of capital.

ASX Vip: an account type similar to an ECN account. Order processing speed is fast, orders are pushed directly out of the market, without re-quotes. The spread on this account is the lowest, from just 0.0 pips, as forex offers traders the best quotes from liquidity providers. This account is especially suitable for professional traders who trade high volume.

ASX Raw: This is a type of account exclusively for large customers with a lot of capital who want to experience the best trading conditions. Traders who register for this account will receive direct support from the exchange’s experts, access to the best trading tools. Spread on this account ranges from 0.6 pips.

4. Top trading platform

ASX Markets currently allows exchanges on the MT4 platform. This is also a commonly used trading software today. This software satisfies quite a lot of requirements from simple to complex of both novice and professional traders. Therefore, MT4 is the choice of many brokers in the world.

5. Reasonable leverage ratio

The maximum leverage commonly used for trading accounts is 1: 400. However, this rate will be applied differently in different account types.

  • Forex is 1:400, forex pairs and some cross currency pairs can only use a maximum ratio of 1:100.
  • Index is 1:100
  • Goods are 1:100

1:400 is quite reasonable leverage. Too low leverage will not help investors improve investment returns. Meanwhile, high leverage comes with a high risk ratio. 1: 400 is probably the right ratio for trading investors to have the opportunity to increase their income, while minimizing the risk in the transaction process.

6. No commission fees

When opening an account at ASX Markets, investors will reduce part of the transaction costs because the exchange will not charge commission on your trades.

7. Low spread

ASX Markets applies fixed spreads on ASX Fixed accounts and floating spreads on the other 3 account types. ASX Raw and ASX Vip have very low spreads, which are very suitable for investors with large capital and high trading volume.

Like other brokers, floating spreads at ASX Markets also have a certain degree of expansion. Depending on the degree of strong market volatility, spreads are stretched. However, as commented by some investors who traded at ASX Markets, the spread of this exchange did not stretch too strongly and was within acceptable levels.

8. Many attractive promotions

Talking about promotions, ASX Markets is a leading name among brokers in Vietnam. This exchange regularly organizes trading programs to receive gifts, receive attractive monthly bonuses to motivate traders.

In addition, ASX Markets also has an attractive bonus program for new investors:

100% First Deposit Bonus: a program offering 100% bonus on the first deposit. This is only applicable once and the maximum bonus received is 5,000 $.

50% ReDeposit Bonus: this is also a deposit promotion, but applies from the 2nd deposit onwards and only gets a 50% bonus on the amount deposited.

9. Best customer care service

This is an outstanding advantage that helps ASX Markets beat a series of other emerging exchanges. Whether you are trading or have not opened an account on this floor, the consultants are very enthusiastic. Customer Service Center 1900299990 will support investors 24/5 any time with questions in transactions.

Plus500 – A Multitude of Trading Opportunities

Acting as a hub for its community of traders, Plus500 shares multi-asset trading news, research, and market insights by top commentators on its website and social media pages. The website also includes an extensive knowledge resource to enable traders to continue to hone their skills.

Investing in technology: a win-win scenario

Increased automation and user-friendly technologies were developed amid an uncertain environment last year. This has driven the popularity and accessibility of online trading channels, so much so that the company recorded customer deposits worth $1.1 billion in H1 2021.  This milestone was driven by Plus500’s focus on “enabling simplified, universal access to the financial markets.” The company continues to invest in scaling its technology across devices, countries and financial instruments.

Another key milestone was the expansion of the company’s product offering with the launch of Plus500 Invest, a share dealing platform launched in select markets in Europe in July 2021. Further roll-out of the platform across Europe is planned for H2 2021.

Plus500 enables traders to get real-time price alerts on their devices regarding price changes to help them stay at the top of their gameThis means traders can keep track of potential opportunities in the global financial markets without disrupting their routines.

Emphasis on Trader Education and Knowledge

Plus500 has always offered cutting-edge trade analysis, market reports, and real-time news releases on its website and social media pages.

With a commitment to providing a best-in-class service, the fintech group conducts regular customer surveys to better understand client needs and fine-tune its offering accordingly.

Plus500 has continued to upgrade its educational resources, including its “Traders Guide”, to ensure that clients can continue to build a sophisticated understanding of the various trading tools available on its platform, as well as the overall market dynamics and the risks involved in trading. A market insights real-time newsfeed was also initiated to support clients with knowledge about the latest market developments.

Access to Global News is More Important than Ever Before

The global markets are facing an unprecedented environment. Many governments continue to follow the path of low interest rate regimes, while adding stimulus measures, which in turn drives an expectation of future inflation. At the same time, the stock indices are continuing to perform well, reaching record highs, and showing no signs of abating.

With so many economical and geopolitical developments occurring worldwide, cutting through the sheer volume of noise and determining what’s important can be difficult for traders. The presence of social media often amplifies already extreme moves in the market, with tweets by well-known online personalities only adding to the noise. Plus500 empowers traders to make sense of global developments by highlighting the most valuable and reliable daily market insights and financial news, helping clients to stay abreast with the latest and most important market moving events. This in turn helps with informed trading decisions. The availability of social sentiment indicators means traders are also able to see an aggregate analysis of the trading activity on its Plus500 platforms, allowing clients to modify strategies based on the current trends accordingly.

Continuing on the Growth Roadmap

Plus500’s well established, experienced and skilled team, combined with the agile nature of its platform’s underlying technology, meant the company was able to continue to provide a smooth service to its customers despite the sudden increase in trading volumes in 2020.

Plus500 recently provided an update to its performance for H1 2021, for the period ending June 30. The company achieved significant positive operational and financial momentum during the 6 months ending June 30, building on its pre-pandemic performance. The company announced group revenue of $346.2 million and EBITDA of $187.6 million for the first half of 2021. Plus500 also added 136,980 new customers in the 6-month period, increasing its active customer base to 333,940.

The vision of the company is to enable easy and universal access to the global financial markets through its powerful proprietary technology platform. This will be enabled by its strong functional infrastructure and resources, a robust financial foundation and track record and a customer-centric approach. As part of its expansion roadmap, the company recently entered the Futures and Options on Futures market in the USA and continues to seek out significant growth opportunities in existing markets and beyond.

Meet SquaredFinancial at the Dubai Forex Expo 2021

The exhibition will take place at the Dubai World Trade Center and is expected to attract more than 18,000 attendees from around the globe. It will feature panels showcasing trading insights and updates, with more than 70 speakers and 100 forex brokers from more than 30 countries.

SquaredFinancial team will be at booth 81 to introduce its world-class financial products and services, and partnership programs. SquaredFinancial experts are also ready to have one-on-one meetings throughout the exhibition.

Registration is needed prior to attending the Forex Expo 2021.

SquaredFinancial and Lusis partner up to provide AI-based Forex trading strategies

This is part of SquaredFinancial’s ambitious expansion program to bring together the best technology and people to deliver world-class global service to clients. SquaredFinancial has seen a 400 per cent increase in clients on their platform in the 12 months to June.

Two AI strategies, benchmarked during 2020/2021, will be launched on the SquaredFinancial platforms in the coming months. The first uses the past days price action and indicators combined with the London opening price to take a single decision every morning. The second uses the Tokyo and London Session intraday price action and indicators combined to take a decision for the New York Session. Further AI strategies will be introduced once developed.

SquaredFinancial is a next generation multi-asset, multi-jurisdiction firm which provides a global investment gateway for a full range of financial products and services with world-class customer support. It is led by serial entrepreneur Philippe Ghanem whose team has years of experience and is well-versed in scaling businesses.

Lusis is a French software provider offering advanced software solutions and platforms enhanced by applied artificial intelligence and machine learning.

Philippe Ghanem, Executive Chairman of Squared Financial, said: “Our partnership with Lusis is fantastic news for our clients. It enables us to take advantage of the latest AI developments in algorithmic trading to provide them with the best execution possible. We look forward to a long-term partnership with Lusis as we continue to develop further AI strategies.”

Philippe Préval, CEO of Lusis, said: “We are proud to partner with SquaredFinancial, they are changing perceptions of how a FinTech company should be operated. AI is key in our strategy for the coming years in trading as in other business areas such as payment fraud, credit scoring, loyalty or recommendations. We look forward to growing our partnership further as we introduce new products to market.”

Covesting August In Review: Volatility Across Crypto Shakes Up Leaderboards

Mid-cap altcoins exploded in value, helping to keep more important cryptocurrencies like BTC and ETH afloat at local highs and above support.

A fall into a bear market following one of the worst quarterly selloffs on record might have been narrowly prevented, and a reversal back into a bull market is still in the cards considering that a lower low was never put in on Bitcoin.

The total cryptocurrency market has reentered the bull zone on the RSI, but the market is still reeling considering how nasty the collapse now months ago was in hindsight. With traders of all skill levels unsure what to do next, even the Covesting leaderboards filled with experienced strategy managers saw some shake up.

Here’s the August Covesting leaderboards in review.

Number One Trader Retains Title, Loses Some Steam

To start, the reigning champion from the month before was able to hang onto the top spot, but unfortunately, not all of their profits. ChamelX is still crushing it on the Covesting leaderboards, but they did see their total profits fall from their all-time highs above 30,000%, suggesting the trader was caught off guard or feeling some pressure after the recent pullback in crypto.

At one point, ChamelX had made more than $1 million for their followers. Although that sum still isn’t too far off, it does show the importance of followers on Covesting regularly taking advantage of the take profit feature for followings.

Followers can periodically choose to take profit on a following, which closes out the current following, books profit, but doesn’t cause the follower to lose their place with the strategy manager. There is also a stop loss feature that closes out the following after a maximum drawdown is reached to protect follower capital.

Covesting gives followers similar risk management tools that the strategy managers have to trade with. The recent situation also stresses the importance of diversifying a one’s portfolio across several strategy managers so there’s less impact when a hot trader turns cold.

Newcomers Enter The Top Five In Just One Month

Looking at the chart above – one of the clear as day metrics available that followers can gauge strategy managers by – there was only a slight fall from grace. With this perspective it still shows just how far up ChamelX still is despite normal market movements causing some unrealized gains to disappear.

Elsewhere in the leaderboards, there was additional chaos. Several newcomers with just over a month active were able to take over the top five to ten traders ranked on the leaderboards.

Looking at the performance metric on the ranking snapshot page, each of the top four traders’ performance patterns are similar, suggesting they have similar trading styles.

Star Studded Strategy Manager Stands Out In August

However, pay close attention to the one verified strategy manager, BitcosaurusApp. This user might be ranked in 7th place so it seems less glitzy than number one or two, however, this is a four-star and commonly five-star trader and their performance is slow and steady.

This strategy manager is exactly the model trader that followers would want to diversify their portfolio with if they’re also going all in with traders like the top three. As we’ve learned from last month’s review. The top trader lost his way after risking too much too often, and ChamelX was able to take over. ETHMan today is no longer even in the top ten, after once having more than 20,000% profits themselves to show.

Will September Be One To Remember On Covesting And PrimeXBT?

The month of September is beginning, and it could lead to either a bear market or a clear continuation of the bull market in crypto. What this also means is that as volatile and chaotic as August was for the Covesting leaderboards, September will be one to remember.

Take a good look at the current Covesting leaderboard rankings above and remember them for the next review, and see which traders were able to stay strong in September using Covesting and PrimeXBT!

About Kim Chua, PrimeXBT Market Analyst:

Kim Chua is an institutional trading specialist with a track record of success that extends across leading banks including Deutsche Bank, China Merchants Bank, and more. Chua later launched a hedge fund that consistently achieved triple-digit returns for seven years. Chua is also an educator at heart who developed her own proprietary trading curriculum to pass her knowledge down to a new generation of analysts. Kim Chua actively follows both traditional and cryptocurrency markets closely and is eager to find future investment and trading opportunities as the two vastly different asset classes begin to converge.

Reinvest BTC with Super Fast Lightning Network Transfers

SimpleFX app has just launched Lightning Network payments and gives away $1,000 just for trading any asset in September.

September has been a rollercoaster for cryptocurrency investors. If you hold Bitcoin you first gained 12% when the currency went up to $52,837 only in the first six days of the month, only to crash -11% almost touching the $42k support on Tuesday, September 6. It’s no fun for those who just entered the crypto market.

While such price moves might be painful for inexperienced cryptocurrency investors, veterans know that it’s just a part of the game. They also know that there’s a proven way to deal with cryptocurrency sell-outs. All you need to do is reinvest your coins.

With the SimpleFX trading and investing app, you can protect your tokens from falling prices without selling any of them. How? You can open a short position on any of the 15 cryptocurrencies when you feel the market is overbought. You can also invest in stocks, forex, commodities, gold, silver, and more.

You don’t have to reinvest all of your crypto assets. You can use leverage instead. SimpleFX allows you to open a position 2x, 5x, 100x, or even 500x bigger than the deposit. If you own $10,000 in BTC, it’s enough to reinvest just $1,000 or even $500 to stay safe and “bear market proof”.

This works also during a bull market. You can invest a part of your cryptocurrencies with SimpleFX. They support over 20 tokens and 30 fiat currencies. If you own Ether you can use their unique Stake&Trade accounts. You get up to 8.55% APR on your ETH 2.0 deposit and still use the locked tokens for trading!

SimpleFX trading accounts work all over the world. There are no minimum deposits, and now you can send and receive your Bitcoins with no fees, as SimpleFX supports Lightning Network, a second-layer solution that allows instant transactions with fees as low as 0.05 USD. Read more about the wallets that use Lightning Network protocol, and how to make LN payments with your mobile. It’s easy, actually, people in El Salvador are already paying in bars and groceries with bitcoins over the Lightning Network.

Give SimpleFX a try now, and earn $1000 just for trading with the app. It’s a limited-time offer that’s on only in September.

About SimpleFX

SimpleFX is a renowned trading app that has been in business since 2014. Was one of the first brokers offering cryptocurrency accounts. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email.

SimpleFX’s purpose is to provide the easiest way to trade globally. SimpleFX is mobile-first, but you can use the same app across all devices. Trade with SimpleFX WebTrader, native iOS, Android, or Huawei app or MetaTrader4.

Using just your email address, you can also become a SimpleFX affiliate. You don’t need to deposit a single cent to start earning lifetime revenue share (up to 50%) from your referral links.

Sign up to SimpleFX with an email, give it a try, and ride the ever-exciting global financial markets.

PayRetailers is attending Money20/20 Europe

PayRetailers, a payment processor located in Latin America, will be part of Money20/20 Europe, the largest event of the Fintech scene worldwide. From September 21 to 23 in Amsterdam, PayRetailers will join the most impactful financial community on the continent at its booth A60.

PayRetailers will present its expertise in payment services and financial technologies, to offer global companies easy and effective payment solutions to operate in Latin America. It also assists companies to be able to expand their business in the fastest growing local markets in the region. The PayRetailers team is looking forward to meeting Money20/20 attendees and visitors and will be able to provide more information at booth A60.

Money20/20 Europe is a space to “leave the screen” and get up close and personal with industry experts and leaders.

The event brings together a community of experts from the Fintech ecosystem and boasts a stellar lineup of speakers. Money20/20 is also renowned for its networking and social scene. The event has its own app that facilitates live networking and meetups, something that has been missing for the past two years amid covid-19. For PayRetailers, the event is a great opportunity to strengthen relationships, meet with new partners and learn from industry experts. This all contributes to strengthening the company’s expansion.

About PayRetailers

Founded in 2017, PayRetailers is a payment services processor that supports a wide range of payment methods through a single API integration. This allows global businesses to market to shoppers and increase revenue in Latin America. As the official sponsor of the 2021/2022 CONMEBOL Sudamericana football season, PayRetailers is a household name in Latin America and increasingly worldwide.

For merchants looking to expand internationally across certain e-commerce verticals, a clear understanding of consumer behavior and spending in their industry will be the difference between success and failure. By accepting local payment methods, PayRetailers enables anyone to shop online, even if they don’t have a credit or debit card.

PayRetailers is headquartered in Spain, with regional offices in Malta, Mexico, Argentina, Brazil, Chile, Colombia, and Uruguay.

If you’re attending Money20/20, our team would love to connect with you.

Visit us at booth A60 or get in touch with our team to arrange a meeting and explore new opportunities.

The Growth of White Label Partnerships – Key Milestone in Starting a Brokerage

Starting a brokerage firm requires time, money, and knowledge of the financial markets. It can be difficult to get started but, in recent years, white label solutions have made things a lot easier. This guide will explore the rise in the popularity of white label partnerships and how you can use them to offer FX and CFD trading in a cost-effective way.

An Opportunity to Start or Expand – What is a White Label?

Starting a brokerage firm can be tough. As well as issues of market access and liquidity, compliance, and licencing, are hurdles that all new companies have to overcome. In recent years, white label solutions have become an easy and effective way to not only get started in the financial world but get ahead.

A white label is a company built on the foundations of another. In finance, for example, IX Prime offers white label solutions to companies starting a brokerage firm. As a liquidity provider, IX Prime provides liquidity as well as the necessary tools through which FX and CFD trading is possible. Brokers can tap into these resources then add their own branding and supplementary services (such as customer support) to create a trading site.

White label partnerships not only give brokers a jump start, but they eliminate many of the challenges associated with forex and CFD trading. Liquidity is often an issue. IX Prime is a liquidity provider, which means they provide the pricing of instruments that your clients will trade. Managing liquidity isn’t easy, which is why brokers often choose white label solutions.

Liquidity - IX Prime thought leadership image (1)

There are also costs to starting a brokerage firm. The cost of registering a business and getting a licence can be in excess of $10,000. From there, you’ll need a corporate bank account which often requires a significant minimum deposit, in some instances it can be up to £50,000. Once you’ve covered those costs, you’ll need a website, staff, an office and trading software such as MetaTrader 4.

All of these necessities cost thousands of pounds, meaning the price of starting a brokerage firm could be £100,000 or more. These costs can be prohibitive and, moreover, a risk. Forex and CFD trading are risky and profits aren’t guaranteed. Becoming a white label broker doesn’t guarantee a profit. However, it does reduce the costs of setting up a brokerage.

The Growth White Label Partnerships Present – Why Become a White Label?

The immediate benefit of using white label solutions to set up a brokerage is cost. Although there are costs involved, they’re lower than they would be if you created a custom product. There are no capital requirements because liquidity is provided by the white label provider. A white label also doesn’t have the same licencing and operating costs. There are costs to bear, but not at the same level.

For example, running a Metaquotes suite of platforms, technology solutions, hosting and resourcing could cost in excess of $50,000 per month. IX Prime white labels get access to MetaTrader 4 and MetaTrader 5 as part of their package. That’s just one cost of many that white label brokers don’t have to account for. Again, white label partnerships aren’t free. However, the monthly fees are significantly lower than they would be if you tried to do things independently.

In addition to reducing your costs, white label solutions allow you to get started in weeks rather than months as the foundations have already been laid. IX Prime is a provider that has liquidity within the forex and CFD trading sectors. That means white label brokers get instant access to 300+ instruments, LD4 hosting servers and real-time price data. White label partners also get access to analytics, order and management tools, and a dedicated account manager.

Building this type of foundation can take months, even years. However, white label partners have all of this at their disposal. This means a White Label Broker can focus on the activities that generate revenue and make profits such as branding, marketing, sales, and client service. This is how it’s possible to start an online brokerage firm in weeks when you use a white label solution.

Is a White Label Better than Becoming an Introducing Brokerage?

Starting a brokerage firm is one way to make money from forex and CFDs, but it’s not the only one. Start-ups can choose to become an introducing broker. An introducing broker solicits clients for a primary broker. They do this by building up a network of traders, investment advisors and money managers, and sending them to a specific broker. You can visit infinoxpartners.com for more information on being an Introducing Broker.

A white label broker is often a better solution because you have a greater stake in the action. As an introducing broker, you refer someone to a broker and that’s it. As a white label, you’re still selling another company’s brokerage service but you’re taking more of the upside. Your profits and losses are linked to the success of your clients. As an introducing broker, you basically get a flat fee. That does mean there is little risk, but it also means the potential profits are limited. Therefore, if you want more potential, white label partnerships are a better option.

What White Label Option is Most Suitable?

Whitelabel-PR-Image_1636158601

There are different white label options and the one that suits you the best will depend on the amount of control you want. Some options give you the power to customise, others offer an all-in-one solution. The main white label solutions are:

A Franchise

Franchise white label solutions bring IX Prime more to the fore than own-brand options. You become part of a large network of franchisees and use all the standard options offered by IX Prime. Basically, there is less customisation with this type of white label product. However, you still get access to liquidity service and Meta platform tools.

Own Brand White Label

You can choose to build your own brand on top of the IX Prime platform. This allows you to use custom branding and special offers designed solely for your brand. IX Prime essentially works silently in the background. That allows you to tweak and customise more of what IX Prime offers to suit your business.

Become a Full Brokerage

Using a white label solution can be a step towards creating your own full-service brokerage. Once you’re up and running with a successful white label, you can start investing in more custom products and solutions that allow you to go it alone. This isn’t the route most people take but it’s certainly possible to use white label solutions as a springboard to a full brokerage.

Easy to Secure Liquidity with a WL Solution from INFINOX and IX Prime

Starting a brokerage firm and offering FX and CFD trading doesn’t have to be as difficult as it once was. Before white label solutions became popular, only well-funded, experienced companies could become brokers. Today, white label partnerships make it easy for almost anyone to become a broker.

IX Prime gives you all the tools you need, including access to the best trading platforms in the world, MetaTrader 4 and MetaTrader 5. These tools ensure your clients get real-time price data, analytics and risk management options. Then, when you add to this IX Prime’s liquidity services, it’s easy to see why white labels are not only popular but an ideal way to start a brokerage with just a few resources.

Eightcap Launches 250+ Crypto Derivatives, Positioning Itself as the Largest Cryptocurrency Offering for Retail Clients

Eightcap, an award-winning CFD broker, has announced the launch of over 250 Cryptocurrency derivatives, allowing its clients to diversify their crypto portfolio via the MT4 and MT5 platforms. This new launch positions the broker as the new home of crypto derivatives and the largest within the CFD sector.

The broker recognises the current worries retail clients face with crypto exchanges that reduce withdrawal limits due to regulatory issues and steps in with a solution. Not only will clients be able to buy or sell a wide range of Cryptocurrency CFDs, including crypto-crosses and crypto indices, but its clients will also have multiple funding options and be able to make quick withdrawals.

“Our vision at Eightcap is to provide a new home for Crypto derivative traders by providing an unparalleled offering that includes the largest crypto derivative library paired with ultra-low spreads and fast withdrawal options,” said Joel Murphy, CEO, Eightcap. “The regulatory issues crypto exchanges such as Binance are facing means traders are left with unnecessary worries about their funds and if they can withdraw them. With us, Crypto derivative traders can have a seamless experience from the moment they open an account to when they want to withdraw their funds.”

Marcus Fetherston, Director of Operations at Eightcap added, “The Eightcap offering focuses solely on creating regulated leveraged derivative trading opportunities for Cryptocurrency traders, that offers more security than traditional offshore exchange platforms. We are thrilled to provide a solution that meets the needs of crypto derivative traders so that they can gain the best possible trading experience.”

Crypto derivative traders that are currently with other Crypto exchanges and brokers have access to a limited range of Crypto derivatives with wide spreads. When switching to Eightcap, Crypto derivative traders will be able to choose from the largest Cryptocurrency offering, experience tight spreads, and deposit and withdraw with ease, with a regulated broker

About Eightcap

Eightcap is an online financial trading company based in Melbourne, Australia. Eightcap is regulated in multiple jurisdictions. The rapidly growing broker provides online Forex and CFD trading solutions via the award-winning MT4 and MT5 trading platforms. Supported with competitive pricing, outstanding client support, and superior execution technology, Eightcap offers trading to retail and institutional clients across Forex, Indices, Commodities, and Shares markets.

Disclosure

The information contained in this email is confidential and for the use of the addressee only. If you have received this email in error, please notify us and delete it from your system immediately. Please note that the views or opinions expressed in this email do not necessarily constitute that of Eightcap.

Risk Warning: Margin trading carries significant risks, including the risk of losing the entirety of your initial investment. You also do not own, or have any rights to the underlying assets. Margin trading is not suitable for all investors, so please ensure that you are fully aware of the risks involved, seek independent advice if necessary, and read the relevant legal documentation (available from our website) before making any decisions.

 

Exotic Currency Addition: OctaFX Includes Mexican Peso in its asset Pool

Finally, the most traded currency from Latin America enters global Forex broker OctaFX’s ensemble—the Mexican peso (MXN).

Being the third-largest currency traded in North America (after the U.S. dollar and Canadian dollar), the Mexican currency is issued and governed by a nation with the 15th largest nominal gross domestic product (GDP) of an equivalent of well over one trillion U.S. dollars.

So there is an evident and reasonable long-term play here not to neglect the Mexican peso all the more.

Many factors make Mexico an attractive financial hub in the world. Manufactured goods for export and tourism, as well as inward capital flow from Mexican nationals working abroad have been the chief sources of foreign income for the federal republic. With its over 126 million inhabitants, the country has a bit over a third the population of the United States and sets out to potentially be the fifth-largest economy in the world in the decades to come.

The international fintech company starts off its most recent novelty surrounding the Mexican peso with the following three currency pairs:

  • USDMXN (U.S. dollar/Mexican peso)
  • EURMXN (euro/Mexican peso)
  • GBPMXN (Great Britain pound/Mexican peso)

According to OctaFX’s assessments, these specifically added currency pairs provide clients with a more diverse, convenient, and up-to-date trading experience.

Due to the decade-strong resilience of Mexico’s economy and growing numbers in foreign investment, the currency has solidified its position among the ranks of the fifteen most traded currency units globally.

OctaFX is a global Forex broker that provides online trading services worldwide since 2011.

It offers a state-of-the-art trading experience to over 7 million trading accounts globally. In addition, the company is well-known for its social and charity activity, supporting infrastructure and humanitarian projects in many joint ventures. OctaFX has won more than 40 awards since its foundation, including the 2021 ‘Best Trading Platform’ by Fx Daily Info, the 2020 ‘Most Transparent Broker’ by Forex Awards and, more recently, the ‘Best ECN Broker 2021’ award from World Finance.

ETX Capital reports strong financial performance in 2020

In 2020, ETX Capital continued to demonstrate resilience in its business model during COVID, which included requiring the staff to work remotely starting in March and the company continues to operate a flexible work policy. Chief Executive Officer, Philip Adler, stated “The year has been truly eventful, I am very pleased with our results and the team performance during COVID and we finished on a high with the acquisition of ETX Capital by Swiss based private equity firm Guru Capital which helped set our new vision and initiatives.”

In May 2021, ETX acquired the assets of Oval Money, a FinTech platform that enables its users to create automated smart rules for defining savings habits and investment goals as well as the ability to make payments with a debit card and track spending. The Oval acquisition will enable the company to offer a full suite of financial products and services to a much wider audience.

The company’s strategy in 2021 will be focused on the integration of the ETX and Oval businesses to further strengthen the company’s products and services and invest in technology to better support the existing clients as well as help scale its business throughout the UK and as it expands into Europe.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.  73.18% of retail investor accounts lose money when spread betting or trading CFDs with ETX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money.

Monecor (London) Ltd is a member firm of the London Stock Exchange. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721, and the South African Financial Sector Conduct Authority (FSCA) under licence number 50246.

FBS Trader Added Economic Calendar Tool in The App

The FBS Trader app’s recent upgrade takes trading to a new level of comfort. Now all traders are free to use Economic Calendar right in the trading platform. It means that the clients can access the relevant opportunities created by the market moves just in a few taps within the app. To make Economic Calendar appear in the app, users need to update FBS Trader in the Google Play Store. Traders who prefer iOS will be able to use the new tool in the nearest feature.

Economic Calendar in FBS Trader provides information on various forthcoming events, dates, forecasts, previous data, earnings, and other details regarding which currency they affect together with their level of importance. Stocks and dividends are also included.

Moreover, it is possible for users to filter the events that are shown in the Economic Calendar by time, impact on the market, country, and affected trading instruments. These parameters work as a great help for both novice and experienced traders.

In general, Economic Calendar is the tool that assists traders in planning their strategies according to the current market happenings. Any trader can set it up the way it is preferable for them and use it to be aware of significant news that influences the market prices.


FBS is an international, CySEC-licenced trading company with over 150 countries of presence and more than 17 000 000 clients worldwide. FBS is the principal club partner of Leicester City and the official trading partner of FC Barcelona. The company’s main focus lies in providing financial services for currencies, stocks, metals, energies, and indices trading for clients with varied goals and backgrounds. With over 12 years in the field, the broker won over 60 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe. The European magazine named FBS Trader the Best Mobile Trading Platform Europe 2021.

Equiti Group appoints Waleed Saleh as Global Head of Market Research

Equiti’s new Market Research unit has been established to deliver critical client insights and market data to inform business decisions and to steer the company’s global growth strategy and initiatives.

Waleed will be working collaboratively across the Equiti Group’s entities to conduct market research into new markets to help the business better understand market trends and the needs and preferences of existing and potential clients.

Iskandar Najjar, Equiti Group CEO, said: “A client-driven approach is key to delivering insights that reflect the state of the local markets. Understanding the needs and experiences of local markets will help our development, product, and technology teams drive the design of new innovations and customise our global product offerings to make them locally relevant. This will give Equiti a leading advantage in new markets, and importantly, provide a superior experience for our clients.

“Innovation with our local partners is key to the provision of relevant localized product offerings, systems, payment methods, service and client support, as well as using local channels of communication.

“With Waleed’s vast market research experience, and global reputation for being an innovative and thorough market researcher, we are very pleased to have him lead this critical new function at Equiti Group.”

Commenting on his appointment Waleed Saleh, Head of Market Research for Equiti Group, said: “I am thrilled at the opportunity to lead Equiti’s market research at this exciting time in the company’s growth as it steps up to the next stage of its global expansion strategy.

“I will be building on the existing high levels of trust and credibility associated with the Equiti brand, which was reflected in a preliminary market research study conducted in Q1 2021. The study involved over 300 quantitative CATI interviews with current and prospective clients.

“I’m looking forward to growing this function over time and consider myself fortunate to be working with some of the best experts and people in the industry.”

Waleed Saleh has over 20 years of experience in market research and has worked in various countries and regions across the world, including the Middle East, the UK, Europe, and the USA. He began his career as a market research manager with Kantar in Dubai then moved to Millward Brown in London and progressed to senior roles, including Head of Qualitative Research for the North Africa region at TNS Kantar, MENA Practice Head for Market Vision Research and Vice President for C + R Research in the USA.

Plus500 Offers Exposure to the Top 10 Cryptos in a Single Trade

The Crypto 10 Index, constructed by index software company BITA, offers traders the ability to track the performance of the wider asset class, with the benchmark allowing investors to trade market sentiment and volatility of the crypto market in real-time whilst minimising risk of exposure to sharp movements in a single currency.

The move reflects the growing perception of cryptocurrencies as a means to hedge against the broader pool of traditional instruments, with investors seeing this asset class as a means to further diversify their portfolios. Traders can choose from multiple crypto and forex pairs too, bringing new ways to trade volatility to hedge against inflation and market uncertainties.

The Crypto 10 Index is just one of over than 2,500 underlying global financial instruments offered by Plus500, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies.

The Promise of Crypto Assets

The top cryptocurrencies recorded a 159% increase in market value between January 5 and December 2020. The bullish narrative continued well into 2021, with Bitcoin reaching an all-time high of $64,863 in April, reflecting increased mainstream awareness of the world’s first decentralized cryptocurrency.

Meanwhile, decentralised finance (DeFi) applications on the Ethereum protocol have captured the imagination of both corporates and investors, as have NFTs. New projects, scaling solutions and network launches have dominated this landscape, propelling the crypto market to a market cap of $2 trillion for the first time ever in April 2021.

Inflation Might Be Here Sooner Than We Thought

High amounts of fiscal stimulus and loose monetary policies might have helped countries battle the pandemic-induced economic devastation. But it has raised inflationary pressure. In the latest meeting of the US Fed, on June 16, 2021, the central bank projected personal consumption expenditure (PCE) to increase to 3.4% this year. At the same time, the central bank has no intention to raise interest rates, while continuing with its bond-buying program at $120 billion per month.

Devoid of influence from any central bank, cryptocurrencies offer the means to hedge against economic uncertainty and inflation risks. Bitcoin (BTC), in particular, with its limited supply, is considered digital gold. It is traded as an inflationary hedge, which drove the digital currency’s price up more than 300% in 2020. In 2021, BTC came under pressure from Elon Musk’s comments on its energy inefficiency. In addition, China’s crackdown on cryptocurrency mining in the nation was also a setback. However, the asset is here to stay, which can be seen from the way Bitcoin recovered from the China effect, rising 13% YTD on June 23.

From crypto hedge funds to venture capital, and asset managers to traditional corporate offices, cryptocurrency has become an accepted means for portfolio diversification. Global economies and more traditional institutions are also adopting the new asset class, with the US is showing signs of embracing blockchain technology and carving new regulations around digital assets. Bloomberg predicts a price target of $100,000 for BTC by the end of 2021.

Bitcoin (BTC) is Not All That There is

The rise of alternative cryptocurrencies has also been a theme so far in 2021. While Cardano, Stellar and others have gained value due to the robust technology they are built on and the applications they promise, we have also seen coins like Dogecoin ride the wave of market sentiment.

On the other end of the spectrum, Ethereum is now the hotspot for DeFi’s explosive growth. With $49.49 billion worth of assets locked in these projects, investors and traders might be looking at a new dawn of financial innovations. Cardano (ADA) is increasingly important to those worried about sustainability in crypto asset mining. Nicknamed “the green coin,” this asset is a promising and steady-performing addition to the crypto world, with returns of over 570% in Q1 2021.

Even setbacks against mainstream adoption, such as the recent US SEC lawsuit against Ripple (XRP), led to a significant rise in crypto prices. This volatility spells trading opportunities for CFD traders, who can use the contracts to enter into both long and short positions. Plus500 is a market leader in the CFD sector, with its mobile innovation and customer-centric approach, offering superior trading conditions for its clients.

Why Traders Prefer CFDs for Crypto Trading

Contracts for Difference (CFDs) are preferred by a large percentage of traders worldwide to directly trading cryptocurrencies on exchanges. This is due to the multiple benefits that CFDs offer, including:

  • Leverage: With leverage, traders gain much larger exposure to the market than the capital in their trading account alone can afford. This means that their profit potential is multiplied. However, leverage needs to be used wisely because it can also magnify potential losses if the markets move unfavourably.
  • Asset Ownership: With CFDs, traders do not need to own the underlying asset being traded. They only speculate on the future price direction of the asset. This means that they can trade with much lower amounts than would be required to directly buy and sell assets.
  • Trading Opportunities: Since they are speculating on price direction, CFDs provide trading opportunities in both rising and falling markets.
  • No Exchange Wallet: To trade directly on an exchange, traders need to first open an exchange wallet and then manage their private key. Digital wallets are prone to malicious attacks and therefore increase the risk associated with trading cryptos.

Plus500 is leading industry positions in core markets. The latest Investment Trends Leverage Trading Report named the fintech group as the market leader in its key geographies (including Fastest-growing trading platform in UK[1], No.1 CFD provider in Germany[2] and Spain[3] and Best CFD mobile app in Australia[4]).

A Commitment to Financial Innovation

Since its inception, Plus500 has been committed to providing clients a technological edge via innovative products. This is a part of its ongoing strategy to continue to build an engaged and satisfied customer base across multiple regions of the world. It is the strength and differentiation of its technology that has driven record financial performance for the company in 2020.

Plus500 ensures complete transparency in spreads, margins and prices of each asset. Traders also have access to the overall sentiment of market participants on the Plus500 platform, for each crypto asset. They can set alerts to be notified when the percentage of buyers and sellers on the platform reaches a certain level.

With daily market news and analysis, free-of-charge trading alerts and simple yet powerful risk management and trading tools, traders can tackle crypto market volatility and use it to their advantage.

Plus500’s powerful proprietary technology ensures unrivalled ability to respond to news and market events and regulatory developments. The technology platform is one of the most downloaded CFD trading apps on Google’s Play Store and Apple’s App Store. It has over 10 million installs on Google Play Store[5]. The app is also among the top 100 finance apps in the Google Play Store rankings in 30 countries and the Apple Store rankings in 41 nations[6].

Digital currencies offer huge potential for traders. Plus500, through its innovations, remains committed to ensuring easy and access to the cryptocurrency market for global investors.

  1. Year on year active trader numbers. Investment Trends 2021 UK Leverage Trading Report
  2. By total number of client relationships. Investment Trends 2021 Germany Leveraged Trading Report
  3. By total number of client relationships. Investment Trends 2021 Spain Leveraged Trading Report
  4. By own client ratings. Investment Trends 2020 Australia CFD Report
  5. Google Play as at 27 July 2021
  6. App Annie as at 27 July 2021

CEX.IO Broker Becomes the First Zero-Commission Crypto Margin Trading Platform

CEX.IO Broker is delighted to announce that it has eliminated all fees and commissions, becoming the first commission-free crypto margin trading platform in the world with this unprecedented move.

The number of crypto users globally more than doubled between January and June 2021. Together with investors, the number of traders, looking to benefit from short-term cryptocurrency price fluctuations, also increased.

As new traders flock to dynamic cryptocurrency markets, they often discover that trading fees can eat up a significant part of their profits and even turn their ROI negative.

CEX.IO Broker understands how fees can alter the financial outcomes of trading strategies. That’s why CEX.IO Broker introduced commission-free trading on its digital asset margin trading platform. This move enables clients to trade all pairs supported by the platform without fearing that the fees would take away a great portion of their profits.

By refusing to charge traders commissions for opening, closing, and maintaining positions, CEX.IO Broker offers users greater freedom to take advantage of a wide variety of market opportunities.

The commission-free CEX.IO Broker is a part of the CEX.IO Ecosystem. This means, the more users, to whom margin trading is appropriate, can take advantage of the markets on CEX.IO Broker, the more activity it generates in other CEX.IO products. Users receive a democratized access to the decentralized economy, and the entire CEX.IO Ecosystem benefits.

Besides removing fees, CEX.IO Broker continuously expands the mix of currency pairs available for trading. In summer 2021, an extensive list of pairs with DeFi tokens augmented an already diverse set of markets on the platform. Users can open long and short positions in AAVE, BTT, BNT, KAVA, KNC, SNX, UMA and many others. Aside from the digital assets, users can also trade derivatives on commodities, fiat currencies, and largest equities.

About CEX.IO Broker

As a key product of the CEX.IO Group’s ever-expanding ecosystem, CEX.IO Broker is a robust digital asset margin trading platform that offers high flexibility for its clients. Created to allow market participants to benefit from both up and down price movements of cryptocurrencies, the service allows users to long and short digital assets by trading derivatives with leverage.

Brokereo becomes official Partner of Euroleague Basketball 

Euroleague Basketball is pleased to welcome Brokereo as its official partner for the 2021-22 season. Founded in 2020, Brokereo has been steadily gaining ground in online trading industry.

The online broker of a new generation, Brokereo will have a bold presence in Europe’s premier basketball competitions which offer the perfect pan-European showcase to increase Brokereo’s penetration into the European market.

”We are very proud to welcome Brokereo to the Euroleague Basketball family. The online trading industry has experienced enormous growth in recent years,” Ms. Roser Queralto, Euroleague Basketball Chief Business Officer, said. “Brokereo is a dynamic company that has taken a fresh approach to the online trading, aiming to provide a new experience to its customers just like Euroleague Basketball has been evolving over the years to provide the best possible experience to all its fans.”

Brokereo’s marketing strategy dovetails with Euroleague Basketball in that it has a special focus on servicing Western European countries.  The EuroLeague has enjoyed a rapidly growing presence in Western Europe. For example, fan interest in Germany and Italy has risen 39% over the past two years.

“Our platform is all about putting your skills into action and enjoying the experience as a whole, which is very much in line with the EuroLeague’s approach,” said Denys Denisov, Executive Director “We also share the vision of building a top-tier brand and product that sets a benchmark for others to follow.”

RoboMarkets Named the Best ECN Broker in Europe in 2021

August 31, 2021

Limassol, Cyprus

Global Brands Magazine holds leading positions in offering detailed information and analytics on global brands in different segments of business, which compare favorably with other companies. Awards are presented to those, who make real progress in the spheres of finance, education, tourism, lifestyle, technologies, and the car industry. The main objective of the award is to promote awareness of the brands that really make a difference in their respective fields as a reward for their efforts in gaining leading positions on the market.

Konstantin Rashap, Chief Business Officer at RoboMarkets, is commenting: “For the second straight year, the event organizers named RoboMarkets the best ECN broker in Europe. On one hand, it’s a great honour for us to be recognised, but on the other hand, it’s quite the expected result of the work we’ve accomplished. We put a lot of effort into the improvement of trading conditions offered to our clients and believe that nowadays our ECN accounts can be rightfully considered a “gold standard” for professional traders. However, despite this recognition, we’re not planning to stop and will do our best to make every RoboMarkets product be worthy of the highest honours from traders and experts.

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.