FP Markets has been crowned “Best Global Value Forex Broker” and “Best Trading Experience in the EU” at the Global Forex Awards 2021

September 23rd, 2021, Limassol FP Markets has been awarded the “Best Global Value Forex Broker” and “Best Forex Trading Experience in the EU” at the Global Forex Awards 2021.

The Global Forex Awards 2021 is celebrating its 4th edition as an international award ceremony rewarding forex retail businesses both globally and regionally and champions cutting-edge technology, low-cost trading, comprehensive market research tools, advanced educational programs, and world-class customer service for direct to consumer/trader businesses.

FP Markets’ Head of Europe, Middle-East & Africa, Craig Allison, hailed the victory: “For the third consecutive year, FP Markets has been voted the “Best Global Value Forex Broker” proving that our commitment to providing superior trading experiences for our customers is paying off. Picking up the “Best Forex Trading Experience in the EU” for the first time is also an honour, and being appreciated by new traders around the world shows that we are heading in the right direction and demonstrates that FP Markets is increasingly recognized globally as the best destination for clients for overall trading experience given our market-leading tight spreads and award-winning fast execution. The appreciation from our own traders is doubly satisfying as we continue to strive to improve FP Markets’ products and services.”

FP Markets offers over 10,000 trading instruments offering traders access to CFDs across Forex, Indices, Commodities, Stocks, and Cryptocurrencies, making it one of the largest offerings in the industry and offers eight platforms, including MT4, MT5 & Iress. Over the past 16 years, FP Markets has learned that the combination of consistently tight spreads and fast execution, coupled with cutting-edge platforms, a wide product range, and first-rate customer support are the key ingredients that give serious traders the confidence to trade. Since the year of its establishment in 2005, Australia’s Best Forex Broker 2020 continues to expand its product offering, giving traders the ability to trade under some of the best trading conditions in the industry.

Notes to Editors

About FP Markets:

  • FP Markets is an Australian-regulated global Forex Broker with more than 16 years of industry experience.
  • FP Markets offers highly competitive interbank Forex spreads available from 0.0 pips and leverage up to 500:1*.
  • 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 24/5 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 the ‘Global Forex Value Broker’ in three consecutive years (2019, 2020, 2021) at the Global Forex Awards.

For full details of our wide-ranging offering, visit https://www.fpmarkets.com

Don’t Be Spooked By Bitcoin’s 15% Drop, Now Is The Perfect Time To Make Profits

But bitcoin may not recover as soon as people think, as bears are now taking advantage of what once was a panic-induced sell-off.

Bitcoin is approaching $40,000 for the second time in the past two days. It is very likely that bears are trying to drive the price down or investors are deciding to take profits for now. $40,000 is a very strong support for bitcoin. If bears manage to take over this level, the next support would be $38,000.

Meanwhile, two indicators suggest that bitcoin’s price is undervalued.

The MVRV ratio is an asset’s market capitalization divided by realized capitalization.The higher the number is, the more unrealized profit or loss is in the market, indicating that the asset is overbought. While a decreased number suggests the asset has entered an oversold level. The MVRV ratio for bitcoin is decreasing as people panic sell, which is actually healthy for the market in the medium term.

In addition, the crypto fear & greed index has plunged to a three-month low of 27 out of 100. This index is used by many investors to decide whether the dip is present, because many short-term investors like to “buy the fear, sell the greed.”

Analysts point out that bitcoin could be mimicking its moves during March 2020, when the crash of the stock market took bitcoin down to $3,000. Then bitcoin bounced back and reached its all-time high in the next few months.

Either way, investors are braced for more volatility.

How to make money from price swings?

Futures trading is one of the most popular tools to grow your wealth. You can benefit from price swings to earn money by speculating the direction of crypto’s price.

For instance, if you use 0.1 BTC and 100x leverage to short bitcoin at $40,000, when bitcoin drops to $35,000, you will earn ($40,000 – $35,000) * 10 BTC/$35,000 = 1.42 BTC.

Bexplus is a leading crypto derivatives platform accredited by MSB (Money Services Business). Bexplus offers 100x leverage in BTC, ETH, ADA, DOGE, and XRP futures contracts. Headquartered in Hong Kong, Bexplus is trusted by over 800K traders from over 200 countries/regions, including the USA, Japan, Korea, and Iran. No KYC, no deposit fee, traders can receive the most attentive services, including 24/7 customer support.

Why Trade on Bexplus?

  • No KYC, No Information Leakage

Registration only requires your email confirmation and will only take a few minutes. Upon registration, you will get a real trading account and a demo account with 10 BTC for practice.

  • No Deposit Fee and Fast Withdrawal

No deposit fee is required, you can start your deposit at 0.001 BTC. To withdraw your deposit, you only need to file the request and confirm it by email. Withdrawal is 24/7 and it can take as less as 1 hour during work hours.

  • Mobile App

How to take a break from trading when bitcoin trades around the clock? The top-ranking Bexplus app helps you better manage your account. With the 24/7 notification, you can stay updated with the market. All data and assets can be accessed through all kinds of devices including desktops, mobile phones, and tablets.

  • 100% Bonus to Help You Maximize Profit

Double deposits, double profits. Users can get a 100% deposit bonus for every deposit on Bexplus. If you deposit 1 BTC, 2 BTC will be credited to your account, and the profits gained with the bonus are withdrawable.

Click here to register, get a 100% bonus and 10% fee reduction.

FBS CopyTrade invites beginners to invest risk-free

Entering the market is easier with a social trading app, FBS CopyTrade, and its special promotion – Risk-free investments. The app offers newcomers to try themselves as the market players. Every new user has three tries to make a real profit without taking risks. It means that if something goes wrong, the novice investor gets a full refund. The promotion is available for two weeks after a newcomer joins it.

FBS CopyTrade shows top traders to copy, analyzes their activities, and calculates the result – Risk level. Within the promotion, an investor can try copying traders with different Risk levels: high, medium, and low. This is an extremely helpful option because the risk influences the amount of potential profit.

The Risk-free investments promo is created for those who postpone their investing journey because of the fear of losing. FBS CopyTrade provides smooth and safe investment services and leaves no chance to lose. The modern money-making app is available to get in App Store and Google Play.


The FBS CopyTrade app is a dynamically developing platform for social trading, where people with no trading experience increase their capital by investing in top market performers. More than two million investors joined the app since it was launched in 2018.

FBS CopyTrade allows investors to copy traders’ orders and, therefore, make profits. In turn, the traders get a commission from every copier after a successful transaction. The app’s support team operates 24/7 in more than 15 languages.

FBS is an international broker with over 150 countries of presence and 12 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

In January 2020, FBS became the official trading partner of FC Barcelona. Since August 2021, the broker is also the principal partner of Leicester City.

Fed Points to Tapering ‘soon’, BoE Meeting in Focus

King dollar hit its highest level in a month this morning before retreating, while gold extended losses. Despite the rebound witnessed across equity markets, sentiment remains shaky with caution in the air. The debt woes of China Evergrande Group are likely to remain on the minds of investors for the rest of the week. Other risk events to watch out for range from the Bank of England rate decision and Eurozone PMI surveys on Thursday to numerous speeches from Fed officials on Friday.

FOMC prepares markets for tapering

As widely expected, the Federal Reserve left monetary policy unchanged in September. Although no official announcement of tapering was made, Fed Chairman Jerome Powell said the central bank could begin cutting bond purchases as soon as November with the process completed by mid-2022.

GDP growth for 2021 was revised lower to 5.9% from 7.0% in its June 2021 projections but growth in 2022 and 2023 was upwardly revised. Inflation is still described as “largely transitory” and was adjusted significantly higher once again.

But the focus was all on the dot plot for Fed officials’ interest rate projections. Back in June, seven officials were forecasting a rate rise in 2022. However, the latest dot plot shows nine officials, resulting in a split 9-9 on whether rates will be hiked next year. While this hawkish shift is likely to fuel rate hike expectations, it points to the market being much more sensitive to US economic data going forward.

After kissing the monthly high at 93.52, the Dollar Index slipped this morning with prices approaching the 93.20 level as of writing. Although the Fed meeting is done and dusted, the next few days could see increased volatility due to the US weekly initial jobless claims and numerous speeches from Federal Reserve officials.

BoE meeting in focus

The major risk event for sterling will be the Bank of England policy meeting this afternoon. Markets widely expect the central bank to leave monetary policy unchanged. However, much attention may be directed to what the bank has to say about the recent spike in inflation after consumer prices hit 3.2% in August, its highest rate since March 2012.

It is also worth keeping in mind that the BoE was split evenly last month on whether the minimum conditions for a rate hike had been met. All eyes will be on whether the two new committee members impact this balance.

Looking at the technical picture, GBPUSD remains bearish on the daily charts. Sustained weakness below 1.3670 could open a path back down towards the July low at 1.3570. Alternatively, a solid move above 1.3670 could mean an advance towards 1.3750 might be on the cards.

By Lukman Otunuga Senior Research Analyst

Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

Analysts play crucial role in services of game-winning brokers

Gulf Brokers have been awarded 2nd prize in the worldwide voting contest by industry magazine Forex-Mag.com in the category for The Best Customer Service. Untraditionally, we have interviewed the Chief Analyst of the company Syam KP to comment on the trends in clients’ services as understanding the markets from the analytical point of view becomes more and more connected with services provided to customers.

In the business world where almost everything is digital to some extent, including online trading and investing, what is the value of customer services? What makes the company outstanding in terms of customer services?

First of all, I want to appreciate our customer service team and IT specialists for their tremendous hard work behind our recent achievement.

As we know customers are the backbone of any business and if your customers are happy — your company will prosper. Over the years, Gulf Brokers has consistently focused on the quality of customer service. We provide fast execution with deep liquidity, competitive spreads and our expert customer service representatives can assist customers in many different languages, 24 hours a day, 5 days a week.

As an analyst, are you, in a way, a part of the customer service of Gulf Brokers?

Yes, of course, I am. Our customer base comprises both professional and amateur traders. So, I always try to generate exclusive analytical materials, which help all types of traders to make smart trading decisions. Part of our effort is to help our clients learn about recent trends and, thus, about new risks as well. Within the wide portfolio of materials and activities for our clients, that we continually produce, we are planning to upload more educational videos in our YouTube channel https://www.youtube.com/channel/UCw9Us8K72sWNRt0PIPIOrBQ

You meet a lot of retail traders. Do you think they understand the complexity and mechanism of markets? Are they prepared enough to act like professionals?

We offer our traders various educational tools. They should guide them to focus more on their own trading strategy and risk management to act rationally and with caution in the whole process of trading decisions.

What advice would you give a new trader so that he can hold on permanently?

It takes go through a whole trading academy to sustain success in the market, which is, from the definition, very volatile. Among many advice to traders I would pick up this one: try to improve yourself permanently in your knowledge, learn from having a loss and keep discipline with your trading strategy and risk management and the market will reward you for your diligent efforts.

ACY Securities expands cryptocurrency offering to include Chainlink, Stellar, EOS and Polkadot.

22nd September 2021

Sydney, Australia

The Sydney based broker issued a statement this morning confirming that Chainlink, Stellar Lumen, Polkadot and EOS are among the new digital currencies rolled out to add greater variety to their range of crypto assets.

The new offering of digital currencies is in addition to the major cryptocurrencies the Australian brokerage has on offer, which include Bitcoin, Ripple, Ethereum, Litecoin, and Bitcoin Cash. All of which can be traded against the US dollar.

Alla Darwish, Head of Global Brokerage at ACY Securities, said there has been a surge in interest around speculating on the pricing of cryptocurrencies versus buying coins because investors can take long or short positions and can trade the volatility with leverage.

“One of the most appealing things about cryptocurrency trading is of course the volatility, and in recent months we are seeing more and more investors and traders wanting to speculate on digital currencies through CFDs where obviously they have the option to long or short, can trade with leverage and don’t need a wallet.” said Mr Darwish in a statement to the media today.

He further commented,

“Adding more and more instruments to our range of markets to provide our clients more choices is something we are committed to do on an ongoing basis. It’s all about empowering clients through choice so they can trade what they like, when they like.”

ACY Securities recently doubled their offering of global and Australian stocks across the NYSE, Nasdaq, NYSE Arca Equities and the ASX from 800 to over 1600, including ETFs such as SPDR S&P500 ETF Trust, VanEck Vectors Gold Miners, and the Proshares UltraPro Dow 30 to name a few.

Watch the new ad:

Explore ACY’s full range of markets, including the new digital currencies.

ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL is authorised us to provide our services to Australian Residents or Businesses. Only Australian residents and businesses can be onboarded with ACY.

© 2018 – 2021 ACY Securities is a brand name of ACY AU and ACY LTD, ACY Securities Pty Ltd. All right Reserved.

Terms of use ACY Securities Website

TMGM Partners With World Champion Goalkeeper And Trading Expert Gianluigi Buffon

(Sydney, 22 September 2021) – TMGM is excited to reveal its newest Ambassador: the top-ranked Italian Goalkeeper Gianluigi Buffon.

The multi-year partnership means that Buffon will have a digital presence on TMGM.COM. TMGM clients will get access to exclusive perks – from Meet & Greet experiences to exclusive Webinars with Buffon, where he will share some of his trading stories.

The Italian superstar is a seasoned trader with over 20 years of experience, making the partnership a perfect fit for both parties.

TMGM Chief Marketing Officer, Angelo D’Alessio expressed excitement over the move: “The TMGM core audience is made up of many sporting fans that also share an interest in trading. We’re proud to find a partner who values our vision and commitment to performance, speed and longevity as much as we do.”

The past year has been one of strategic expansion for the trading platform which has led to much success. In July of 2021, TMGM became one of top 10 brokers worldwide with a reported US$195 Billion in trading volume.

Buffon stated that he is “very happy and excited to be part of this project”. He commented, “I enter a world that has always fascinated me and that I have been following closely for many years.”

In addition to digital and social media presence, TMGM will give away Limited Signed Merchandise (such as jerseys, gloves and footballs) by the iconic world-champion goalkeeper, making this partnership one to watch as it unfolds.

It’s never been a better time to be a TMGM client, as they will get special access to Live Meet & Greet Events with Buffon. It’s a perk that is sure to drum up excitement.

Buffon is a major legend in the world of competitive sports. He is regarded as one of the greatest goalkeepers of all time, making over 1,000 professional career appearances. He holds the record for the longest streak without conceding a goal in Serie A, which is the top league in Italy. Buffon scored a legendary World Cup win with Italy in 2006, and with Juventus, has clinched the Serie A title 10 times. Additionally, Buffon also holds the prestigious 12 Serie A Goalkeeper of the Year title. Buffon recently returned to Parma, the club where he started his career and where he helped to win the UEFA Cup, Coppa Italia and Supercoppa Italiana.

TMGM worked with image rights and talent procurement specialists Entourage Sports and Entertainment to negotiate the multi-year partnership with Buffon.

TMGM is a known leader in CFD online trading, with 12,000+ products across 6 asset classes including Forex, Shares, Precious Metals, Energies, Indices and Cryptocurrencies.

To find out more about the partnership, or to become a TMGM client and reap the benefits of this exclusive partnership, go to TMGM.COM

ABOUT TMGM

TMGM empowers investors to take charge of their investment portfolio, combining lucrative CFD trading opportunities across 6 asset classes with access to 12,000+ products including Forex, Shares, Precious Metals, Energies, Indices and Cryptocurrencies. Their sophisticated online platform simplifies direct CFD trading: providing the technology, turn-key support and innovative structure so traders only have to worry about investment decisions – the platform does the rest. TMGM is your reliable CFD provider and the Official Online Trading Platform of the Australian Open. TMGM has offices in 3 continents and generates a monthly turnover of more than $195 Billion. For more information, visit TMGM.COM

Market Sentiment Remains Fragile

Although Asian stocks closed mixed and European shares rebounded, an air of caution lingered amid worries about contagion risks associated with Evergrande. U.S stock futures pointed to recovery this afternoon, but gains may be capped if market players adopt a defensive stance ahead of the Fed meeting on Wednesday. US equity bulls already seem to be losing steam with the S&P500 and Nasdaq down over 3.6% this month. Given how US stocks remain sensitive to taper talks and rate hike expectations, the pending Fed meeting could spark some movements across the board.

OECD trims global growth forecast

Adding to the shaky sentiment, the Organisation for Economic Co-operation and Development (OECD) trimmed the global growth forecast to 5.7% for 2021 from 5.8% in May.

The OECD warned Tuesday of an “uneven” global economic recovery and stated that “sizeable uncertainty remains”. It also lowered the growth forecast for the United States but raised the outlook for Europe. The growth forecast for the United States was slashed from 6.9% to 6.0% this year while Europe was raised by 1% to 5.3% from 4.3%.

All in all, markets offered a muted reaction to the announcement with gold lingering below $1770 and the Dollar Index trading marginally below 93.20. Investors are likely to remain on the fence ahead of the heavily anticipated Fed meeting.

Currency spotlight – GBPUSD

The past few days have not been pretty for the GBPUSD. After kissing the 100 Simple Moving Average last week, it has tumbled over 200 pips with prices wobbling around 1.3670 as of writing.

Of course, the major risk event for the Pound this week will be the Bank of England policy meeting on Thursday. The central bank is widely expected to leave monetary policy unchanged. However, investors will be closely watching what the BoE has to say about the recent jump in inflation. It is also worth keeping in mind that the BoE was split evenly last month on whether the minimum conditions for a rate hike had been met. All eyes will be on whether the two new committee members would impact this balance.

Looking at the technical picture, the GBPUSD remains under pressure on the daily charts. Sustained weakness below 1.3670 could open a path back towards 1.3570. Alternatively, should 1.3670 prove to be reliable support, a rebound towards 1.3750 could be on the cards.

Commodity spotlight – Gold

After staging a strong rebound yesterday, gold has edged slightly higher today with price slowly approaching the $1770. It is safe to say that where the precious metal concludes this week may be heavily influenced by what happens during the Federal Reserve meeting.

Taking a look at the technical, prices are trading below the 50, 100, and 200 Simple Moving Average. Although bears remain in a position of power, prices may push higher before resuming the downtrend. Key levels of interest can be found at $1800, $1777, and $1745.

By Lukman Otunuga Senior Research Analyst

Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

Trade of the Week: How might the Fed or BOE influence GBPUSD?

Markets are expected to push higher the currency of whichever central bank that’s perceived to be closer towards moving its policy settings back to pre-pandemic levels.

Markets are pricing in a 50% chance of a BOE rate hike in March, and 89% chance for a May hike.

The Fed funds futures are forecasting an 75% chance of a US rate hike only by December 2022.

How has GBPUSD been faring?

At the time of writing, the British Pound is barely hanging on to its year-to-date gain against the US dollar, no thanks to the buck’s climb at the onset of this trading week. Still, it remains the best-performing G10 currency versus the greenback so far in 2021.

The currency pair known as ‘cable’ is currently testing a key support region around 1.3670, which had held resolute in March and April this year. Failure to hold could see immediate support at August’s low of 1.36022, followed by 1.35719 which was the lowest point in cable’s summer declines.

Key days lie ahead

Whether or not GBPUSD will either recover from or falter to those above-mentioned levels could be determined during this timeline:

Wednesday, 22 September: FOMC policy decision

To be clear, the Fed is not expected to actually make any adjustments to its policy settings this week. However, they are expected to signal that ‘tapering’ is coming (‘tapering’ is the name given to the process of the Fed starting to wind down its $120 billion in monthly asset purchases that have supported the economy since the pandemic).

A strong signal out of the Fed that it’s getting ready to begin its tapering process, probably before year-end, could spell more gains for the US dollar which could then in turn exert downward pressure on the rest of the FX universe.

What to watch out of the FOMC meeting:

  • Fed Chair Jerome Powell’s commentary on his policy outlook.
  • Economic forecasts through 2024, specifically around inflation.
  • Dot plot (which conveys where each FOMC member thinks interest rates would be over the coming years. In June, 7 of 18 members already pencilled in a 2022 hike.)

Overall, elevated projections for consumer prices could mean the Fed has to hike rates sooner than later to get ahead of inflation.

Should such an outlook push more FOMC members into bringing forward their rate hike expectations, along with a Fed Chair that is leaning closer towards his hawkish colleagues, such a combination could bring gains for USD.

Thursday, 23 September: BOE policy decision

Like the Fed, the Bank of England isn’t likely to make any actual policy changes this week. However, the eight members on the BOE’s Monetary Policy Committee are now evenly split (4-4) on whether the UK economy has recovered sufficiently to meet the central bank’s inflation target.

Should the MPC make a hawkish tilt, that could help trigger a rebound in Sterling currency pairs.

On the other hand, should the MPC lean decidedly dovish, that could see GBPUSD testing key support levels mentioned earlier (around 1.36), depending on how the USD reacts to the FOMC’s decision which will arrive before the BOE has its say.

Friday, 24 September: Speeches by Powell and other Fed officials

Before the weekend arrives, the attention will be back on the Fed. With markets having had some time to digest the outcomes from the Fed’s mid-week meeting (economic projections, dot plot, Powell’s press conference), markets will be wanting to see what other Fed officials have to say about their respective policy outlooks.

More hawkish rhetoric could keep the US dollar elevated, while a dose of dovishness could unwind recent dollar gains.

How are markets positioned ahead of such important central bank meetings?

In the week ending 14 Sept, hedge funds have raised their net long positions in Sterling to the highest in a month, reversing a net short position from the week prior.

As of 14 Sept, asset managers have trimmed their net short positions on GBP for a third consecutive week.

However, looking at the 25-delta risk reversals, markets are bearish on the pound as well as all G10 currencies (except for the Japanese Yen) versus the US dollar over the next one week, a timeframe which encapsulates both the Fed and BOE meetings.

Markets are also pricing in more volatility, with one-week implied volatility for GBPUSD rising to its highest levels since May.

In summary, traders and investors will be closely watching what comes out of this week’s policy meetings on either side of the pond, while bracing for bigger moves in GBPUSD.

By Han Tan Chief Market Analyst at Exinity Group

Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

Inflation Data Done, All Eyes on The Fed

Traders seem to have an appetite for the dollar amid the risk-off mood with the widely watched Dollar Index trading near 93.20 while the EURUSD is hovering above the 1.17 monthly low.

Multi-decade highs in inflation

There were multiple releases of CPI data from across the globe last week. And yes, you guessed it we’ve witnessed multi-decade highs in several headline figures. Canada, the UK, and other countries confirmed the phenomenon that relatively elevated inflation is quite broad. This suggested that the transitory explanation was wearing thin for some and may be complicated by global correlations.

The all-important US release of the latest inflation data showed that the numbers may be cresting. But many in the market are concerned that price growth could be stickier than expected in the months ahead, due to supply shortages keeping prices high and rising energy costs.

Inflationistas versus “Team Transitory”

Bloomberg noted earlier last week that consensus analyst estimates for inflation through the second quarter of next year have risen in each of their last three-monthly surveys. But the potential topping out of the most recent US data is denting Fed taper expectations, especially after the weakness in the employment data.

On the flip side of the inflation debate, an increasing amount of fund managers are beginning to side with the Fed and the temporary nature of rising price pressures. The latest regular monthly survey of money managers published by BofA Securities highlighted that investors who think inflation is temporary are now in the majority and its ranks are growing. We note that these fund managers are also becoming much more negative about the prospects for a strong economic uplift, with expectations described by BofA as being in “freefall”.

Fed meeting coming into view

Of course, recent Fed communication has not budged from the view that inflation is transitory. Markets have increasingly acknowledged that the disappointing jobs numbers are now the more significant part of the Fed’s mandate. That said, orderly Fed tapering, most probably announced later in the Autumn is still a general consensus.

The Federal Reserve is widely expected to leave interest rates unchanged. However, all eyes will be on the “dot plot” and whether any more Fed officials have moved across the price pressure aisle. The economic projections and Jerome Powell’s press conference will also be in focus. Any hints on the taper plans, major changes to the economic forecasts, or “dot plot” could inject the Dollar with fresh volatility.

Written on 21/09/2021 by Lukman Otunuga, Senior Research Analyst at FXTM

For more information, please visit: FXTM

Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FBS Added 30 New Stocks of the Frankfurt Stock Exchange

An acknowledged international company, FBS added 30 stocks listed on the Frankfurt Stock Exchange (FSE). They are available to trade from 10:00 to 18:30 GMT+3 in the FBS Trader application. In addition to the stocks of the London Stock Exchange and the U.S. largest companies, users are able to choose stocks of the largest trading center among the seven stock exchanges in Germany.

Only several stocks that have become available at FBS this time are listed there:

  • Bayerische Motoren Werke AG (BMW).
  • Commerzbank AG (CBK).
  • Deutsche Bank AG (DBK).
  • Henkel AG & Co KgaA (HEN3).
  • Lufthansa AG (LHA).
  • Porsche Automobil Hldg (Prf) (PAH3).
  • Puma SE (PUM).
  • Siemens AG (SIE).
  • Volkswagen AG (Ord) (VOW).

FBS regularly enlarges its list of trading instruments. Each update brings FBS Trader app users more options for balanced trading and investing. Furthermore, new stocks of different global companies will be added soon.

FBS is a recognized, CySEC-licensed worldwide online Forex broker, the official Principal Partner of Leicester City Football Club, and the official trading partner of FC Barcelona. FBS is a company with a global outlook that serves clients in Europe, the United Kingdom, Asia, Latin America, and the MENA region. The company’s primary focus lies in offering financial products for trading currencies, stocks, metals, energies, and indices for clients with wide-ranging 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.

Crypto.com Expands Insurance Programme to one of the Industry’s Largest at USD 750 Million

This policy is the largest coverage that Crypto.com has ever secured for its cold storage assets on Ledger Vault, the company’s custodial partner. It brings Crypto.com’s total cryptocurrency insurance to USD $750M, including both direct and indirect custodian coverage. Crypto.com’s more than 10 million users can rest assured knowing they are protected by the industry’s biggest insurance policy offering protection against physical damage or destruction, and third-party theft.

Kris Marszalek, Co-founder and CEO of Crypto.com said: “We believe that security and data privacy are the foundations of achieving mainstream cryptocurrency adoption. The renewed policy from Lloyd’s will significantly expand security protection for our growing user base, together with our previous large policy and ongoing proactive ‘Defense in Depth’ approach.”

James Croome, Head of Fine Art & Specie for Arch Underwriting at Lloyd’s Syndicate 2012 said: “A complete and detailed understanding of the custodial process is one of the most critical, and time-consuming, stages in the underwriting of any digital asset risk. By choosing to partner with Ledger Vault, a known service provider to insurers, Crypto.com was not only able to provide underwriters with the necessary confidence in their custodial security, but they were also able to obtain a policy in a much shorter time frame than is ordinarily the case.”

About Crypto.com

Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, carefully curated from the worlds of art, design, entertainment and sports.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.

With over 2,600 people in offices across the Americas, Europe and Asia, Crypto.com is accelerating the world’s transition to cryptocurrency. Find out more: https://crypto.com

New CySEC Chairman to Open iFX EXPO International 2021!

We are delighted to announce that Mr George Theocharides, Cyprus Securities and Exchange Commission’s new Chairman, will open the first exhibition day of the iFX EXPO International 2021!

About CySEC

The Cyprus Securities Exchange Commission, commonly known as CySEC, is the regulatory body for the financial industry in Cyprus, which has the mission to exercise effective supervision to ensure investor protection and a prosperous development of the securities market. It’s a huge deal for brokers who need to adhere to regulations and pay attention to updates.

About George Theocharides

Dr George Theocharides previously served as CySEC’s Vice Chairman from July 2020. As an Associate Finance Professor at the Cyprus International Institute of Management (CIIM) and Director of the MSc in Financial Service Programme from September 2010 until July 2020, he has extensive experience in the wider financial sector. Prior to joining CIIM, he worked as an Assistant Professor of Finance at the Sungkyunkwan University of South Korea from 2006 to 2010. In 2006, he has also worked as an International Faculty Fellow at the Sloan School of Management of the Massachusetts Institute of Technology (MIT). In the past, he served as a member of the Board of the Cyprus Securities and Exchange Commission a member of the Interim Board of Bank of Cyprus, Chairman of the Board of the Cyprus Blockchain Technologies Ltd, as well as a member of the Board of Directors of the Cyprus -Kuwait Business Association.

He also served as the Chairman of the Board of Management of The English School, from July 2016 until July 2020, a member of the Training/HR Committee of the Cyprus Investment Funds Association (CIFA), as well as a non-executive member of the Board of Directors for organisations and companies in the financial services sector. He is also an Associate member of the Chartered Institute for Securities & Investment (CISI) and a Research Associate at the UCL Centre for Blockchain Technologies (UCL CBT). Dr. Theocharides holds a degree of BΕng (Hons) in Electrical Engineering & Electronics from the University of Manchester (U.M.I.S.T.), an MBA from the University of San Diego and a PhD in Finance from the University of Arizona.

We are delighted to host George at iFX EXPO International Cyprus and eagerly await his opening address and insights.

Don’t Miss It!

Appointed just last week, Mr Theocharides will deliver the opening keynote speech – an absolute must-attend for every industry professional. This year’s speech from Mr Theocharides follows an eagerly anticipated iFX EXPO tradition, as Ms Demetra Kalogerou, former Chairwoman, has opened the event with her keynote address over the years.

Don’t miss this momentous keynote speech on October 5 at 10:00-10:15 AM in the Speaker Hall at iFX EXPO International at Parklane Hotel in Limassol.

Register to attend the iFX EXPO International, Cyprus and check out our exciting speaker panels and action packed agenda.

The Ultimate Fintech Team

Have You Future Proofed Your Brokerage?

Regulators are especially concerned regarding misinformation, and risky trading practices. In the United States, a change in political leanings has made data transparency, listing rules, and tax issues gain prominence for financial market participants.

Markets Direct, a brand of Triton Capital Markets Ltd., licensed and regulated by the Malta Financial Services Authority (MFSA), has announced that it will offer brokers access to US exchange traded products, in compliance with the requirements of the nation’s information reporting regime, commonly referred to as Qualified Intermediary (QI)/Qualified Intermediary Dealers (QID) Regime.

To make the most of this offer, brokers first need to know the developments expected in the US financial markets landscape in the coming years.

Market Data Pricing and Distribution

Data is an extremely valuable commodity in the world of finance. In particular, the issue of market data distribution and pricing has become extremely important for regulators and financial market participants globally.

Highlighting this fact is an example of the top US exchanges. Although they are incredibly diversified businesses, US exchanges have over the years become more dependent on the sale of market data for revenues. In fact, they are so possessive of this business model that they filed a lawsuit against the US SEC in February 2021, against the regulator’s decision to add supply and demand for stocks to public feeds. This information is sold at a premium to Wall Street banks, hedge funds, and other financial services firms.

Markets Direct has contracted with the CBOE to be an authorized re-distributor of price data. Markets Direct is required to maintain proper oversight of this data to its end users. Markets Direct has also contracted with a service provider of corporate actions. This ensures that all corporate actions are affected in the underlying trading accounts accordingly. For foreign brokers, this is a great way to foray into the US financial markets

US Exchanges Look to Clamp Down on Unauthorized Market Data Distribution

The US SEC is one of the entities to have recently received a backlash from the exchanges in this regard. For years, exchanges have been concerned about unlicensed brokerage firms re-distributing their data feeds without proper license arrangements. In a 2015 investigation by Finance Magnates, several reputed industry insiders had revealed that several big exchanges, with the help of regulators, were clamping down on downstream CFD brokers, who didn’t have direct access to exchange data feeds. But they were still providing data to their clients, without a license or paying adequate fees.

Clamping down on these practices is expected to be top-down. Exchanges will approach brokers who have the license to access their data feed directly, to understand the structure of re-distribution. For downstream CFD brokers, it will mean a blackout for US-based assets, if their upstream liquidity providers decide to terminate the feed or demand fees for the data.

CFD Brokers Need to Withhold Tax

US tax laws stipulate the withholding of tax for non-US investors (non-resident aliens) on payment of US source stock dividends, distribution of short-term capital gains, and substitute payments in lieu. Most types of income from US sources received by foreign investors are subject to a tax of 30%. This rate can be reduced, or an exemption can be provided if there exists a tax treaty between the US and the country of residence of the foreign investor.

Most CFD brokers offering margin trading activities in US-listed assets don’t withhold tax.

This can be a significant lapse in compliance, considering that the current US government is increasingly stressing on combating tax fraud and avoidance. President Biden plans to propose a funding boost of $80 billion for the Internal Revenue Service (IRS) over the next 10 years, which will help the agency double its enforcement staffing and provide new technology tools for regulatory crackdowns.

The new sources of funding will not only help the IRS train new enforcement officials but also enable it to speed up audits, without the intervention of lawmakers.

The regulatory landscape for the American financial markets is becoming increasingly complex. The QI solution through Markets Direct will offer brokers an opportunity to navigate the markets more efficiently.

MarketsDirect is a Brand of a Qualified Intermediary

Foreign brokers who wish to offer retail or institutional investment opportunities to their clients in US CFDs, indices, stocks, and other assets are required to be compliant with the Qualified Intermediary Regime (QI/QID). This is a stringent process. Not all jurisdictions qualify, and even if they do, the process for approval may take anywhere from 8 months to a year. Registration costs are high, and brokerage firms need to implement software that complies with the regime. Through the Markets Direct Gateway, brokers can allow clients access to US-listed equities without the high cost of data and registrations, as well as huge resource requirements for becoming a QI/QID themselves.

In conclusion, Brokers gain access to qualified data, while withholding tax on dividends. This will allow them to remain compliant with the law of the land, avoiding costly litigations and fines. One final point, they will not need to disclose client data to Markets Direct. The gateway will allow them complete control over individual customers, through the Markets Direct environment, from a single account.

If you need more information on this, make sure to connect with the Markets Direct team at the iFX EXPO International taking place on 4-6 October in Cyprus. Send an email to Anthony Edwards, Head of Sales-UK, to set up a meeting or you can contact sales@marketsdirect.com.

Finalto partners with BidFX

With the unification under a single identity Finalto (previously known as TradeTech Group), and 700 B2B clients across 90 countries served by one dedicated team across 12 offices globally, it is an exciting time for us to bring financial markets to the next level. We are incredibly humbled and honored to partner with BidFX, a wholly-owned subsidiary of Singapore Exchange (SGX). This is an important milestone for us. A further expansion to our one trading destination for our clients.

Alex Yap, Director of Sales at Finalto Asia Pte Ltd,

Market leading Fintech firm BidFX offers cutting-edge FX trading solutions for institutional firms such as hedge funds, asset managers and corporations. Their specialty ranges from collecting and storing data, providing analytical tools on liquidity provision where clients can compare counterparties, to price discovery. BidFX partners with a variety of liquidity providers enabling aggregation across a range of OTC and listed markets – spot and forward FX, NDFs, Precious Metals, deliverable and non-deliverable swaps – allowing best trade execution via a range of negotiation protocols and tailored solutions.

Wai Kin Chan, Head of Asia Pacific at BidFX comments: ‘I am excited to have Finalto partner with BidFX as we strive to further improve execution efficiencies, reduce cost and increase transparency for our clients and the financial markets using the latest technology. Finalto offers an alternative institutional multi-asset liquidity and clearing solution to their clients – expanding their distribution of FX and Precious Metals through BidFX as a strategic partner will be an important milestone for us.’

About Finalto

We are Finalto and we are here to take the global financial markets to new heights.
Previously known as TradeTech Group, we are the financial division of Playtech PLC, a FTSE 250 listed company listed on the London Stock Exchange.
The group comprises of eight regulated entities focusing on the following brands:

Finalto Liquidity (formerly CFH)

Finalto Trading (formerly TradeTech Alpha)

Finalto 360 (formerly TradeTech360)

We are now unified under a single identity Finalto where, along with our B2C brand Markets.com – the leading provider of trading and investment services, we are focused on becoming the leading name in financial solutions.

About BidFX

BidFX is a leading cloud-based provider of electronic foreign exchange (FX) trading solutions for the global financial marketplace.

BidFX delivers customised liquidity in all FX products from partner banks and provides broker-neutral order and cutting-edge execution management services. It offers a complete suite of negotiation protocols and a hub to the algo suites of all major banks featuring best-execution capabilities. Its transaction cost analysis (TCA) solution features pre-trade predictive models, in-trade benchmarking and post-trade synopses.

Founded in January 2017, BidFX has over 100 of the world’s largest banks, hedge funds and asset managers currently connected to its platform. BidFX is a subsidiary of SGX Group.

For more information, please visit: www.bidfx.com.

ACY Securities doubles number of instruments and drastically reduces spreads and commissions in Australia.

20th September 2021

Sydney, Australia

The Sydney based multi-regulated broker released a statement this morning saying that all 3 developments were part of its overall mission to empower clients through low costs of trading and increased product choice.

Justin Pooni, Head of Branding & Communications at ACY said the company is always working hard to secure competitive costs of trading for clients at all levels and provide as much choice as possible when it comes to the number of instruments available for clients to trade.

Mr Pooni made three separate statements today in relation to each of the major announcements.

Reduction of spreads for Australian clients

Mr Pooni stated that although substantial reductions in spreads were automatically applied to Australian clients some time ago, he wanted to bring increased awareness to what he described was a significant development for the benefit of traders.

“When it comes to cost of trading, we are always working hard to achieve the most competitive spreads for our clients. We’re delighted to have already implemented big reductions in spreads to clients under our Australian entity across all major FX pairs including AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF and USDJPY, as well as on Gold and (WTI) Oil” said Mr Pooni in an interview today.

Reduction of commission for Australian clients

“On top of that, we have reduced commissions on the ProZero account for our Australian clients from A$8.50 round-turn to just A$3 round turn. That’s just $1.50 per lot per side and represents one of the lowest commissions in Australia when looking at raw commission-only accounts. But it doesn’t stop there. If you apply our Levelling discounts that could drop even further to a ridiculously low A$2.5 round-turn, truly representing one of the most competitive commission cost structures available anywhere in Australia” Mr Pooni continued on to explain.

Doubled the number of instruments to over 1600.

The other big news ACY shared through a written statement today was of course the doubling of instruments.

Mr Pooni complimented the statement by stating:

“The other significant development we would like to formally acknowledge is that we have more than doubled our offering across our share CFDs on the ASX, NYSE, Nasdaq and NYSE Arca Equities from 800 to over 1600.

What that means is that you can now trade CFDs on over 1600 shares and ETFs including Apple, Facebook, Tesla, Amazon, SPDR S&P500 ETF Trust, VanEck Vectors Gold Miners, and the Proshares UltraPro Dow 30 to name a few”.

Mr Pooni went on to say:

“For the commodities traders amongst us, in addition to the massive increase in exchange-related products, we have also added a fresh lineup of new hard commodities to include Copper, Lead, Zinc, Nickel, Gas and Aluminium. These are all in addition to our already extensive commodities offering”.

New Commercial (Hard) Commodities of offer:

Instrument Trading Hours (Mon – Fri) Measure Max Leverage* Contract Size Min Lot Size

Max Lot

Size

INCR
Copper 03:05 – 20:55 Tonnes 10:1 100 0.01 100 0.01
Lead 03:05 – 20:55 Tonnes 10:1 100 0.01 100 0.01
Zinc 03:05 – 20:55 Tonnes 10:1 100 0.01 100 0.01
Nickel 03:05 – 20:55 Tonnes 10:1 100 0.01 100 0.01
Gas 01:05 – 23:55 MMBtu 10:1 10000 0.01 100 0.01
Aluminium 03:05 – 20:55 Tonnes 10:1 100 0.01 100 0.01

The company put together a humorous video showcasing their low spreads and commissions, which can be seen here

Earlier this year ACY Securities announced the appointment of Clifford Bennett as their new Chief Economist, and a multi-million-dollar multi-year partnership extension with Socceroos legend and former Everton star Tim Cahill.

See highlights of the partnership announcement in 2019.

See the 2020 TVC – over 500,000 views.

See the 2021 TVC – almost 1 million views.

For more information contact Justin Pooni

Phone +61 2 8350 7894

Email justin.pooni@acy.com

ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL is authorised us to provide our services to Australian Residents or Businesses. Only Australian residents and businesses can be onboarded with ACY.

© 2018 – 2021 ACY Securities is a brand name of ACY AU and ACY LTD, ACY Securities Pty Ltd. All right Reserved.

Terms of use ACY Securities Website

Finalto shakes up Non-Deliverable Forward trading with game-changing offer

For too long, clients have struggled with the complexities NDF pose, with problems cropping up trying to trade NDFs vs spots that stop trades dead, problems like:

  • NDF month settling time scales – retail brokers may need to pay out client PNL the next day
  • Having to deal with fixing dates which don’t occur in spots
  • Needing to deal with the forward risk stemming from differences in the way retail systems work against NDFs

Finalto’s new offering is designed to slot seamlessly into the client’s existing infrastructure, putting NDFs into the client’s hands without their commonly associated headaches. Now, clients from small hedge funds to money managers and everyone in between can get fundamental exposure to FX markets without worrying about fixing dates and settlement risk.

NDF trades will be available in the below currencies initially with more to follow:

  • Indian rupee
  • Indonesian rupiah
  • Korean won
  • Brazilian real

Rupee, rupiah and won trading will be available 22 hours a day. Brazilian real will follow Brazilian exchange trading hours.

Andrew Biggs, Finalto Head of Liquidity, says, “The complexities of NDFs have caused large parts of the retail market to miss out on trading opportunities. We’ve abstracted some of those complexities to allow seamless integration into existing systems and offerings. Let us take away the hassle so you can focus on trading.”

Finalto is the financial division of Playtech PLC, a global and well-established business traded on London Stock Exchange’s Main Market and a constituent of the FTSE 250 index. We are market leaders in next-generation multi-channel trading software, systems and liquidity services which are offered in a B2B capacity to our global partner network.

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.