Open UBI Ecosystem Launched by GoodDollar and Partners in Berlin

At Web Summit 2018, in early November, Yoni Assia, Chief Executive of eToro, announced the launch of GoodDollar: an ecosystem-led project that explores how cryptocurrency and blockchain technology may reduce inequality through models based on universal basic income (UBI).

Less than two weeks later, on November 19, GoodDollar’s first community event took place, in Berlin, and was designed to establish an OpenUBI ecosystem. The day-long conference, titled OpenUBI in the Crypto Age, gathered like-minded people seeking to reduce wealth inequality from around the globe.

The event, held at the office of amatus. in the north of the German capital, attracted numerous leading lights in this space from all over the world. It was part of Revision Summit 2018, a social-impact technology conference, and sponsored by eToro, the leading global social trading and investing platform that is funding $1 million towards GoodDollar.

The OpenUBI community has been formed to encourage collaboration and discussion around UBI and its technological implementation. “Anyone can join because we are building a decentralized community,” says Gilad Barner, GoodDollar’s community and operations manager.

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He traveled from Tel-Aviv and organized the launch event in Berlin, along with Anna Blume and Christian Hildebrand, founders of Value Instrument, an organization designed to stimulate economic activity in communities. During the event, an interactive demonstration of the Value Instrument alpha product was held, which illustrated an unusual approach of digital UBI via a chat application.

“Berlin has a very vibrant, pioneering, UBI-aware community,” continues Mr. Barner. “There are a lot of projects happening in this space in the city.”

For example, one project is Circles, an electronic cryptocurrency that aims to create and distribute a globally accessible UBI. Julio Linares and Karenina Schröder, from the Berlin-based organization that utilizes a network of enthusiasts and volunteers, provided lectures on their work. Karenina’s enlightening talk focused on the rise of women in blockchain and specifically the OpenUBI space.

Two-afternoon panel sessions – discussing governance and identity challenges of both crypto and UBI – particularly sparked debate and ideas. Panelists talked about how individuals and groups should work together in this area. Moreover, project leaders left the conference with a much better idea of how to collaborate, and who with.

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One delegate, Kingsley Advani, founder and partner at Chainfund Capital, said: “We have never had such an opportunity or a platform to be able to provide UBI at scale. In this day and age we have the technology, and with the blockchain, companies like GoodDollar can provide UBI to those with the greatest need. We also have the potential to audit UBI. We can track if a family in Africa has received UBI and in the future, we can follow what they use the proceeds for.”

Cem Dagdelen, Founder at Horatii Partners, agreed and said: “UBI is a design space where you can actually create future economic systems. [Karl] Marx only had his pen and paper while designing [UBI], and now we have this beautiful design space where we can create autonomous entities, economic systems. UBI fits here perfectly.”

Another attendee, meditation facilitator Thorsten Wiesmann, was similarly enthusiastic about OpenUBI. “Evolution of humanity goes to a direction where we need to be conscious of our choices on an ethical level, much more than ever before, with artificial intelligence and other developments. Cryptocurrencies and UBIs, these are tools, or playgrounds, you might call them, to find out solutions that work for everyday life and for the society as a whole,” he said.

“The first get-together event was very well received and very successful,” continues Mr. Barner. “People were hugely excited to meet one another, and itching to start collaborating on projects. It was great to see attendees realizing there truly is an ecosystem. It was proof that this is possible.”

“Many individuals, all around the world, are coming to the conclusion that UBI solutions need to be explored. There is no reason why they should not work together, and if they do it will be much more efficient. A lot of meetings were generated from the conference.”

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Mr. Assia was also greatly encouraged by the OpenUBI event in Berlin. He hopes this move will encourage communication and collaboration within this space, and be the catalyst for GoodDollar and other UBI projects to be developed, which is the ultimate goal. “I was excited to see the ecosystem collaborating, and feel confident that OpenUBI will lead to significant breakthroughs and the creation of amazing products in this space,” he says.

The Berlin conference marked the first cornerstone of the OpenUBI community, according to Mr. Barner. He will be in London later on this week, on December 13, moderating a GoodDollar panel at The Next Web’s Hard Fork summit. “I hope everyone can come along to this event, which will indicate how active the ecosystem is in London, and what projects are happening” he adds. “The OpenUBI movement is just starting, and I want to see this sort of activity happening in every city in the world.”

CALL TO ACTION: Join GoodDollar. The project needs builders, scientists, and experts in identity, privacy, and financial governance, as well as philanthropists and ambassadors. Email GoodDollar at hello@gooddollar.org, contact us via our social media channels (Twitter and Telegram) or join the OpenUBI movement.

eToro Brings Bitcoin to Football

Global investment platform eToro has launched partnerships with seven Premier League clubs including Tottenham Hotspur in landmark deals paid using bitcoin. eToro will partner with Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City F.C., Newcastle United F.C., Southampton F.C., and Tottenham Hotspur.

Iqbal V. Gandham, UK Managing Director at eToro said: “As a global multi-asset platform where you can purchase the world’s biggest crypto assets alongside more traditional investments, we are excited to be partnering with so many Premier League clubs and make history by being the first company ever to pay for a Premier League partnership in bitcoin.”

These partnerships mark the first step in bringing the opportunity offered by bitcoin and crypto assets to football. eToro believes that crypto, and the technology, namely blockchain that underpins it, can improve football and the world of sports. In the future, this could include addressing issues of ticket touting, problems with transparency, and providing a guarantee of authenticity for merchandise.

As a partner of these seven Premier League clubs, eToro will gain global exposure through an extensive range of marketing opportunities including matchday LED boards, player access, tickets and digital rights.

Iqbal V. Gandham added: “Today’s announcement is the first small step on a long road to football fully embracing blockchain technology. Education will be key so that industries can understand the potential and so getting global exposure through these Premier League clubs represents a great opportunity to raise awareness.

“Blockchain brings transparency, which means it can improve the experience for everyone who loves the ‘beautiful game’.”

Fran Jones, Head of Partnerships, Tottenham Hotspur F.C. said: “At Tottenham Hotspur, we are committed to technology and innovation and as such we’re excited to welcome eToro as a partner in a category that is developing at a rapid rate.”

Paul Barber, Chief Executive, Brighton & Hove Albion F.C. said: “At Brighton, we pride ourselves in being at the forefront of bringing new technologies and new ideas to football. We’re excited to welcome eToro as a partner that can help us better understand the true potential offered by blockchain.”

Barry Webber, Commercial Director, Crystal Palace F.C. said: “Blockchain technology is bringing exciting new opportunities to all areas of business sectors and we are delighted to welcome eToro as a partner so we can explore its potential in football.”

Jonathan Gregory, Commercial Director, Leicester City F.C. said: “We are pleased to welcome eToro to the Club as an Official Partner, it is exciting to be working with such an innovative industry leader. Much like Leicester City, eToro is an ambitious brand with a significant global reach and we look forward to working together throughout the season.”

David Thomas, Commercial Director, Southampton F.C. said: “We are extremely pleased to be welcoming eToro as a club partner. We look forward to working with them and learning more about the potential that cryptocurrency and blockchain technology can have in football.”

As a global multi-asset platform, eToro empowers people to invest by giving them access to the financial instruments they want. The company has created a global community of more than ten million registered users who share their investment strategies and anyone can follow the approaches of those who have been the most successful. With eToro, investors can hold commodities, stocks, ETFs and of course crypto assets such as Bitcoin and Ethereum, alongside thousands of other financial instruments all in one portfolio. In this way, eToro provides a bridge between the old world and the new. eToro believes that in the future all assets will be tokenized and crypto is the first step in this journey.

Two Leaders in Their Fields Join Forces: eToro is Eintracht Frankfurt’s New Premium Partner

The current German Cup winner Eintracht Frankfurt has a new Premium Partner: eToro. eToro continues to successfully expand in the German market, recently completing a $100 million Series E round of financing and presenting strong growth in the first quarter of 2018. The partnership with Eintracht Frankfurt was signed for the 2018/2019 and 2019/2020 Bundesliga football league seasons.

“We are proud of the partnership with Eintracht, not only because of the long tradition and recent achievements of the club in the German Cup but also because we feel very connected to Frankfurt and Germany. Some of our key business partners reside in this region,” says Yoni Assia, CEO, and co-founder of eToro. “With their cooperation, we will continue to promote and strengthen our offerings in Germany, one of eToro’s core markets, where we have recently seen remarkable growth.

“This exciting opportunity to connect with Eintracht Frankfurt and Bundesliga fans from all over the world also offers us, as an international social trading and investing platform, broadened global exposure.”

In the last year, 340,000 new eToro users registered from Germany alone, while the total number of users globally grew from 6 million to over 9 million. Currently, German clients account for around 17 percent of the worldwide eToro community, making them the second largest group after the United Kingdom.

“With eToro, we have gained a powerful Premium Partner, who wants to grow vigorously in Germany and especially in the financial center Frankfurt/RheinMain,” says Axel Hellmann, Member of the Executive Board of Eintracht Frankfurt.

Look for eToro at upcoming Eintracht Frankfurt games, with more exciting joint ventures to come!

Gael Monfils: A Pro Tennis Player on the Court and a Trader on eToro

You don’t need to be a professional trader to become one on eToro, but you can be a professional athlete. eToro is proud to announce a collaboration with French tennis player Gael Monfils, who is known for his colorful personality and showmanship both on and off the tennis court. Gael first joined eToro in October 2017, after his brother-in-law told him about the platform. Gael says he was drawn to eToro’s cryptocurrency offering and its CopyFund investment strategies. You can check out his portfolio here.

Being a professional tennis player is immensely challenging. It takes talent, hard work, dedication, and the ability to recover from failure. In that way, online trading is similar to professional sports.

Gael has achieved some incredible feats throughout his career. He was named ATP Newcomer of the Year in 2005, won 7 ATP World Tour singles titles and was ranked 6th best player in the world in 2016. Over the years he has reached numerous final matches in reputable tournaments and competed in many Grand Slam tournaments. He will be playing in both the 2018 French Open next week and the upcoming US Open this summer – “bonne chance” Gael! The fact that he has such an impressive career, while still keeping a smile on his face and having fun, makes him a perfect fit for eToro.

eToro has been at the forefront of Fintech for more than 10 years, establishing itself as an innovative brand, which appeals both to veteran traders and young newcomers who want to take control of their financial future. A main goal of ours is to constantly be ahead of the pack and continuously introduce new and exciting features that will give our clients real value. We believe Gael embodies many of our values and we’re proud he is part of our online trading community.

eToro Announces Expansion Plans

Global investment platform eToro has today announced plans to expand its cryptocurrency capabilities and subject to regulatory approvals will launch an exchange and a digital wallet. eToro will also bring its cryptocurrency offering to the United States, launching the platform to U.S. customers later this year under the leadership of the newly appointed U.S. Managing Director Guy Hirsch.

Yoni Assia, Co-founder and CEO of eToro, said: “We believe that in the future all assets will become digitised. This will help to open the markets to everyone and enable them to invest in the assets they want in a simple and transparent way. Crypto is the first step on this journey and we are excited to share our plans to launch an exchange and wallet.”

The announcements made today at Consensus 2018 in New York, follow the news in March that eToro had completed its Series E funding round, raising $100m USD to accelerate its global expansion and the development of blockchain technology to support the digitization of assets. The platform enables people to invest in the assets they want to own from cryptocurrencies though to traditional assets such as commodities.

Yoni Assia, commented: “An exchange and wallet are important additions to our crypto offering and we know that both have been eagerly anticipated by our customers.”

eToro currently offers ten cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, and EOS) with plans to add more coins over the coming months. eToro’s cryptocurrency to cryptocurrency exchange will launch later this year enabling customers to trade coins.

The wallet will be launched as a phased rollout with select customers participating in beta testing to ensure that eToro provides an app which best meets its customers’ needs. The wallet app will be available to download on the App Store and Play Store and will work across multiple platforms and in multiple languages. It will enable users to hold multiple cryptocurrencies and tokens.

Since launching in 2007, eToro has built a global community of more than ten million investors across 140 countries. Guy Hirsch has been appointed US Managing Director responsible for bringing eToro’s cryptocurrency offering to the United States. Guy previously served as Director of Innovation Strategy at Samsung and has extensive experience in digital transformation and unified commerce.

Guy Hirsch, USA Managing Director, eToro, said: “eToro empowers investors with a platform that gives them access to the assets they want, shared knowledge and ease of transaction. We know that there is a strong demand in the U.S. for crypto and we are excited to be able to offer U.S. investors the opportunity to learn about and invest across multiple cryptocurrencies.”

eToro will offer U.S. investors three ways to access the crypto markets: manually invest in a coin, automatically copy the trades of other traders on the platform to benefit from their knowledge and investment expertise, or invest in a Crypto CopyFund which provides a diversified portfolio of major crypto assets.

From today, U.S. investors can visit eToro.com to join the waiting list ahead of the launch of the U.S. platform later this year.

eToro Raises $100m to Support Global Expansion and the Development of Blockchain-Backed Technologies

London, 21 March 2018 – eToro, the world’s leading social trading and investment platform, today announced a Series E fundraise of $100 million to support its expansion into new markets as well as its continued research and development of blockchain technology and the digitization of assets.

Led by China Minsheng Financial, the round of funding was participated in by SBI Group, Korea Investment Partners, World Wide Invest and other investors. Rothschild acted as the exclusive financial adviser to eToro.

eToro joined the London Stock Exchange’s ELITE programme in 2015 and completed its capital raising with the support of ELITE Club Deal, London Stock Exchange Group’s private placement platform.

The new investment brings the total capital raised by the business to $162 million and follows a period of significant growth for the business-driven, in part, by demand for investments in the cryptocurrency market.

Commenting on the fundraising, Yoni Assia, CEO, and founder of eToro said: “eToro was built with the vision of democratizing financial markets by making trading and investing accessible to all. Since launching, we’ve seen strong customer demand for our approach and today’s announcement is an important milestone in marking the success that we’ve had and signaling a new period of growth and expansion for our business.

“This round of investment will be critical in helping us to further develop our technology infrastructure to support the rapid growth that we’ve recently experienced. It will also help us to enter new markets, enabling us to bring our social approach to investing to more people around the world and providing more people with safe and secure access to the markets.

“On top of this, as new technology continues to change finance, we want to remain at the forefront of that change. So today’s announcement will help us to continue our market-leading work in blockchain research and the development of digital assets.”

eToro was founded in 2007 and now has a community of over 9 million users. In 2017, eToro received over $1bn in customer deposits and over one million new registrations in Q4 alone. This has led to a period of expansion for the business globally, including the opening of new offices and a drive to increase headcount.

FXEmpire’s 2018 Best Broker Awards Winners

The FXEmpire Awards, first initiated in 2014, have become the cornerstone of trading awards in their class.  Our goal in creating these awards is to objectively reward the most deserving brokers that continuously strive to stand ahead of the pack, with the objective of pleasing their clients above all else.

Furthermore, we want to help traders make better choices about who they partner with and we hope that when traders see the awards displayed on the winning brokers’ website, they will feel confident about partnering with that company.

This year, we have seen over 20,100 participants voting for their choice of broker across the nine categories through a survey we hold on our website.  Some of the categories include:

Most Innovative Forex Broker, Most Promising Broker, Top CFD Broker, Top US Forex Broker and Best Cryptocurrency Broker.

Top CFD Broker 2018 – Plus500

Top CFD Broker 2017

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Offering over 2000 instruments for CFD traders, this FCA regulated broker is truly a force to be reckoned with in the CFD trading industry. Its millions of traders are well protected and receive some of the most evolved trading technology available in the market today. Established in 2008, Plus500 is owned by a London Stock Exchange AIM market listed company named Plus500 Ltd with a market capitalization of more than $1 billion. The Plus500 brand is managed by several subsidiaries with the main subsidiaries being Plus500UK Ltd and Plus500CY Ltd.

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*72% of retail CFD accounts lose money

Plus500 Regulations & Product Offerings

Operating under the umbrella of different subsidiaries in different parts of the world, the Plus500 brand is under the regulatory oversight of several regulatory bodies. In the UK, the broker is regulated by the Financial Conduct Authority while in Cyprus, it is under the jurisdiction of the Cyprus Securities & Exchange Commission. In the Australian market, Plus500 is regulated by the Australian Securities & Investments Commission.

To give its traders a secured and reliable platform for them to conduct their trading activities, Plus500 has provided them with a proprietary platform. The platform is available in different formats such as desktop client, a WebTrader, a mobile app and as a Mac application. With the Plus500 platform, you will be able to access in excess of 2000 CFD instruments covering the forex market, the stock market, the indices market and the cryptocurrency market.

With regards to the customer support service provided by Plus500, you can request assistance from the support team whenever you need help, as the service is available 24/7. There are various methods of communicating with the support team such as email and live chat. The website is also translated into more than two dozen different languages hence making it relatively easy to navigate around the website even if English is not your mother tongue.

Overall, one cannot help but be impressed by the large number of CFD instruments that are available for trading at Plus500. In addition to the broker’s large coverage of the markets, there are other benefits of trading the financial markets on the Plus500 platform. For starters, the broker is regulated across several jurisdictions ensuring your legal interests are protected. But most important of all, Plus500 has shown that it is able to meet the trading needs of more experienced traders.

Plus500 Full Review

Best Trading Experience 2018 – AvaTrade

Best Trading Experience 2017

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Why AvaTrade?

One of the pioneering Forex and CFD brokers in the trading arena, AvaTrade offers a well-rounded trading experience. It provides its traders with a wide selection of trading instruments, an eclectic mix of trading technology and a highly regulated trading environment. The overall experience, from landing on the website to signing up and then trading is smooth and faultless. Meanwhile, customer support is available around the clock to offer care and guidance in a highly professional and efficient manner. It is this streamlined journey that sets AvaTrade apart and wins it this year’s award for Best Trading Experience.

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The Company and Offering

Founded as AvaFx initially in 2006, AvaTrade is based in Dublin, Ireland. The broker also maintains several satellite offices in major cities such as Paris, Milan, Shanghai, Sydney, and Tokyo. In compliance with local requirements, AvaTrade has voluntarily submitted itself to be regulated by several domestic regulatory agencies such as Australian Securities & Investments Commission, Financial Services Agency and the Financial Futures Association of Japan, the Commodities Futures Association of Japan and the Financial Services Commission (British Virgin Islands).

Since its inception, the broker has grown by leaps and bounds. Today, it has more than 200,000 active accounts and executes in excess of 2 million transactions on a monthly basis. In striving to achieve the best trading conditions for its traders, AvaTrade offers a diversity of instruments for trading. These include Bitcoin, Bonds, currency pairs, commodities, equities, Exchange Traded Funds (ETFs) and market indices. There is also a wide selection of trading platforms to choose from. They range from the industry proven MetaTrader platforms to specialized platforms for automated trading such as ZuluTrade.

For traders who require assistance, AvaTrade is supported by a customer support team that is available 24 hours 5 days a week. The support staff are multilingual and can be contacted by email, fax, live chat, and telephone. With numerous awards under its belt, AvaTrade has certainly proven itself to be a capable and reliable broker. It is hardly surprising that the broker has also captured the title of being the broker that offers the best trading experience considering the many benefits such as low spreads, wide choice of trading platforms and a regulated trading environment that the broker has bestowed on its traders.

AvaTrade Full Review

Best Educational Broker 2018 – 24Option

Best Educational Broker

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Why 24Option?

In terms of providing its traders with the most comprehensive educational package in the industry, the title of the “Best Educational Broker” unquestionably goes to 24Option. The quality of the broker’s educational offering is second-to-none, ranging from courses, e-books, videos, articles, alerts, and webinars.

Initially established in 2009 as a binary options broker, 24Option has now gone on to focus on offering spot forex and CFDs trading services. The 24Option brand is owned by Rodeler Ltd with its headquarter located in Limassol, Cyrpus. For international clients, they are served by a Belize based sister company called Richfield Capital Ltd. Both the companies managing the brand are regulated, with Rodeler Ltd under the jurisdiction of the Cyprus Securities Exchange Commission and Richfield Capital Ltd under the International Financial Services Commission.

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24Option Offering and Service

For market access, 24Option uses the Scipio trading platform which was developed in-house. While most brokers tend to prefer adopting third-party solutions for their trading platforms, 24Option has shown real commitment to its traders, by opting to roll out their own platform in order to have more control over the platform’s features and updates. Always with their customers’ needs in mind, 24Option has also made the popular MetaTrader 4 platform available to those who want to stick to something familiar.

Currently, 24Option offers spot forex and CFDs trading on a wide range of asset classes. They include more than a dozen different types of commodities, 18 different indices, more than 40 different currency pairs and hundreds of stocks from major exchanges around the world.

To ensure that its clients can receive assistance whenever they need it, 24Option has made its customer support services available on a 24/7 basis and accessible through email, live chat, Web Contact form and over the telephone. In addition, the broker has also translated its website into several different languages such as Arabic, French, German, Portuguese, Russian and Spanish.

24Option has definitely demonstrated itself to be a customer-oriented broker with its comprehensive educational support. Furthermore, 24Option has also excelled in other areas such as having localized and multilingual support, intuitive trading platforms and a wide range of trading assets. However, most important of all, 24Option is a regulated broker and it has already established itself as being a trustworthy and reliable broker.

24option Full Review

Best Customer Support 2018 – FXCM

Best Customer Support 2018

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With 24/7 customer support that is both efficient and helpful, FXCM is the undoubted winner of this category. The firm offers support through a variety of channels including email, free phone, live chat and even a physical office where clients are welcome to visit. Founded in 1999, FXCM or Forex Capital Markets has often being regarded as a pioneering online broker. It has been dubbed one of the fastest growing companies in the US by Inc. 500 List of America’s Fastest Growing Companies, no doubt an achievement assisted by the broker’s excellent customer support record over the years.

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FXCM Products & Services

Since the beginning of 2017, FXCM has shifted its focus to the international market. The new operations center is located at #20 Gresham Street, 4th Floor, London, UK. Currently, the three main regulatory bodies that are overseeing FXCM’s operations are the UK’s Financial Conduct Authority, the South African Financial Services Board, and the Australian Securities and Investments Commission.

For trading platforms, FXCM offers two main types of platforms, the flagship FXCM Trading Station and the MetaTrader 4 platform. The FXCM Trading Station is available in three versions, Trading Station Desktop, Trading Station Web and Trading Station Mobile. For MT4 fans, FXCM also offers an updated version of this popular and proven platform. As for the types of instruments available for trading, FXCM’s coverage of the markets included spot forex, precious metals, stock indices, the dollar index and international stocks. These instruments can be traded on the spot market or as CFDs with a leverage ratio as high as 400:1.

One of the key reasons why FXCM managed to clinch the title of having the Best Customer Support is the fact that the support is provided on a localized level on a 24/5 basis. To date, no other forex broker in the industry has been able to come close to the level of support provided by FXCM. This also shows the dedication which FXCM has in ensuring that all their clients’ needs are well looked after. With the dedicated support provided by FXCM, you can rest assured that your trading experience with this broker will be pleasant and worry-free.

FXCM Full Review

Best Mobile Trading Experience 2018 – Alpari

Best Mobile Trading Experience 2017

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Why Alpari?

Offering a seamless connection between mobile and desktop trading, Alpari is the clear winner of this category. Their app is user-friendly and intuitive and allows traders to conduct and execute trades and to stay on top of the markets throughout the day and night. The app is fast, easy to use and keeps traders up to date on market movements even when they are on the move. It is this app that helped make Alpari this year’s clear winner.

Established in 1998, the broker is one of the pioneering online forex brokers in the industry offering its clients a wide selection of quality services.  With its humble beginnings as a provincial firm in Russia, Alpari today has become one of the most respected brands among traders in the online trading community. The broker has always been an innovator and hence it’s clinching the title of being the broker with the best mobile trading experience has proven to be no surprise.

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Alpari Offering and Service

Based in Belize and regulated by the Financial Services Authority of Saint Vincent and the Grenadines and the International Financial Services Commission of Belize, Alpari operates under strict regulatory guidelines ensuring that your money with being managed properly and kept safe at all times. In the event of a dispute, Alpari also offers an impartial resolution service through the Financial Commission.

In addition to its versatile mobile trading app, Alpari also offers the MetaTrader 4 and MetaTrader 5 trading platforms for traders who want to trade the markets from their desktop computers. These platforms are widely adopted by brokers in the industry and have proven to be reliable. With these platforms, you can easily access the spot forex and metals markets as well as the CFDs market. There are 46 currency pairs on offer and 14 types of CFDs that you can trade in. Apart from these products, Alpari is also one of the few brokers in the industry offering binary options trading.

As part of its customer support service, Alpari has translated its website into 10 different languages. The support service is available 24 hours a day 7 days a week and is accessible through various channels such as email, live chat, Viber, Skype, and telephone.

Apart from offering its traders the best mobile trading experience, trading with Alpari also offers several other benefits such as competitive spreads, choice of trading accounts, intuitive platforms and regular promotional offers.

Alpari Full Review

Most Promising Broker 2018 – FBS

Most Promising Broker 2017

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With free deposit insurance, a wide range of assets, leverage of up to 3000 times and extremely low spreads, FBS comes in as this year’s Most Promising Forex Broker of 2017. Their website is a pleasure to visit and their platform is unparalleled for speed and usability. FBS was founded in 2009 and is owned and managed by a Belize based holding called FBS Markets Inc. Their head office is at #1, Orchid Garden Street, Belmopan, Belize. In addition to their Belize office, FBS also maintains several offices in its primary markets such as China, Indonesia, Korea, Malaysia, Myanmar, and Thailand.

Since its inception in 2009, FBS has focused primarily on the Asian markets. In fact, the numerous awards which FBS has won over the years reflect the commitment that the broker has to its customer base in Asia. For example, FBS has been nominated the “Fastest growing broker Asia” and the “Best Forex Broker Asia”. Today, the broker has served more than 2.5 million traders worldwide and has executed over 200 million trades.  It is for all these reasons that FBS wins this year’s FXEmpire’s Most Promising Broker award.

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FBS Service and Offering

Operating from Belize, FBS is regulated by the Belize Financial Services Commission. This means FBS is required to operate according to strict regulatory requirements and must conduct its operations in accordance with the industry best practices.

To provide its traders with access to the financial markets, FBS has provided them with the MetaTrader 4 and MetaTrader 5 trading platforms. Developed by MetaQuotes Software, these platforms have become the industry standard platform due to their widespread usage. Mobile trading is also supported by an app which can be downloaded from Google Play Store or Apple App Store. With these platforms, traders at FBS can trade in 3 main markets, namely the currency market, the precious metal market and the CFDs market.

Ensuring that its customers will be able to get the help that they need whenever they need it, FBS has made its customer support service available on a 24/7 basis and accessible through email, live chat, and telephone. The website is also translated into several Asian languages to enable non-English speaking traders to navigate the website confidently. In addition, the support services are also available in several languages.

Considering the efforts which FBS has put into their operations, it is easy to see why they have managed to clinch the title as 2017 Most Promising Broker. They offer a safe and secure platform and they have ensured that their customer team will be able to communicate effectively with the traders.

FBS Full Review

Most Innovative Broker 2018 – FXTM

Most Innovative Broker 2017

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With many features that you will not see with other competing brokers, FXTM is this year’s outstanding winner of the Innovation category. Their product includes a large array of trading accounts, different types of payment methods and interesting promotions. Established in 2011, FXTM or ForexTime is a multi-award-winning forex broker that is based in Cyprus. The broker is well known to traders in the online trading community for offering state of the art trading tools and a secured trading environment for them to carry out their trading activities. Over the years since its inception, the broker has earned a reputation as a customer-oriented broker. This is evident from the kind of services offered by the broker.

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FXTM Regulations and Offerings

Operating through a group of subsidiaries, the FXTM brand today is recognized as a global brand. Apart from being a regulated platform under the Cyprus Securities and Exchange Commission, the FXTM brand also operates under the jurisdiction of the UK’s Financial Conduct Authority, the International Financial Services Commission of Belize and the South African Financial Services Board.

There are two main types of trading platforms available at FXTM, the MetaTrader 4 platform, and the updated MetaTrader 5 platform. Both these platforms are available in different versions such as desktop client, a WebTrader and as a mobile trading app. The broker has also provided support for Mac users. By providing its clients with so many versions of the MT4 and MT5, FXTM has ensured that all trading needs of its traders can be satisfied.

In terms of market coverage, FXTM is able to offer spot forex, spot metals and CFDs on commodities, stock, market indices and cryptocurrencies. Apart from its wide coverage of the markets, FXTM has also provided support for more than 30 payment methods. This is by far the largest number of payment methods that any broker has been able to provide.

With its multilingual support staff available on a 24/7 basis, you can be assured of getting assistance from the broker whenever it is needed. The broker rightly deserves its title as being the Most Innovative Broker for 2017 as it has been able to offer a level of service and forward thinking product second to none.

FXTM Full Review

Best Cryptocurrency Broker 2018 – eToro

Best Cryptocurrency Broker 2017

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eToro has already made a splash in the world of cryptocurrency trading, with its new crypto trading product. It offers instant trades, unlimited withdrawals, and secured trading. eToro is a step ahead with its cryptocurrency offering. In fact, eToro was one of the first few mainstream brokers in 2014 to offer cryptocurrency trading as part of their CFD trading package. At a time when Bitcoin could only be bought or sold as a cryptocurrency, the ability to trade Bitcoin as a CFD derivative certainly opened up new opportunities for cryptocurrency investors.

Founded in 2006, eToro has always been known as an industry innovator. The broker was the first forex broker that embraced the idea of social trading and made it a reality for tens of thousands of traders from all over the world when the Openbook copy trading platform was first unveiled.

Start Trading with eToro

eToro Service and Offering

Based in Cyprus, eToro is regulated by both the UK’s Financial Conduct Authority and the Cyprus Security Exchange Commission. As a regulated financial services provider of these two regulatory bodies, your funds are protected under the UK’s Financial Services Compensation Scheme and the Cypriot Investor compensation scheme. The maximum coverage under each scheme is 50,000 pounds and 20,000 euros respectively.

Since the introduction of the industry’s first social trading platform, eToro has moved on to further develop its platforms into a new platform called the CopyTrader. Proprietary in nature, the CopyTrader system allow traders access to a wider range of markets as an independent trader or as a copy trader. Designed to be user-friendly, the platform is efficient and requires no training to operate. The CopyTrader platform is also available as a mobile app.

With eToro’s trading platform, you will have access to a large selection of instruments such as stocks, commodities, precious metals, ETFs and currency pairs. As mentioned, earlier, Bitcoin trading is also available on the eToro platform.

As for customer support, you can get assistance from the support team 25 hours a day during the entire trading week. The support team can easily be reached email, fax or by calling them directly on the phone. Their website is also available in several different languages for the benefit of traders whose mother tongue is not the English language.

Cryptocurrency trading is now the rage of the financial world. By allowing traders to trade Bitcoin as a CFD instrument, eToro has made this market more accessible to the average investor. Nevertheless, cryptocurrency trading is not the only benefit that you derive by signing up with this award-winning broker. The broker offers easy access to the financial markets by providing its traders with a low initial deposit requirement and a powerful yet simple trading platform.

eToro Full Review

Top US Forex Broker 2018 – Forex.com

Top US Forex Broker

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Forex.com offers trading opportunities in more than 180 global markets across a wide range of assets. The firm offers cash rebates, trade signals and a market strategist tool to its traders. The broker is part of the New Stock Exchange listed company Gain Capital Holdings Inc. Based in the US, Forex.com office is located at #135 US Highway 202/206. Bedminster, New Jersey. A well-rounded and innovative broker offering a diverse range of markets, Forex.com through the support of its parent company Gain Capital Holdings has earned the title of being the Top US Forex Broker in the salubrious FXEmpire broker awards.

Start Trading with Forex.com

Forex.com Service and Offering

With its roots going as far back as 1999, Forex.com is a brand that is managed by a subsidiary of the Gains Group called GAIN Global Markets Inc. The subsidiary is based in the Cayman Islands and comes under the jurisdiction of the Cayman Islands Monetary Authority. In addition, Forex.com through its sister companies and affiliates are regulated in 6 different jurisdictions.

For trading platforms, Forex.com has provided two main types of platforms. Their flagship platform is the proprietary FOREXTrader. The platform comes integrated with a wide range of tools and offers a world-class trading experience. Apart from the in-house platform, you also have the choice of the MetaTrader 4 platform. Well-liked by traders from all over the world, the MT4’s distinguishing feature is its ability to support automated trading through programs called Expert Advisors.

With these two platforms, Forex.com offers access to forex, commodities and Indices markets. These different assets can be traded on the spot market or as a CFD instrument. In total, you have a choice of 42 forex pairs, a dozen commodities and 10 market indices to choose from. For customer support, you can reach the support team through email, live chat, and telephone. The support service is available through 10 am Sunday to 5 pm Friday (ET).

With strong support from its parent company and high-quality services offered by the broker, there is no doubt that Forex.com is deserving of the title of the Top US Forex Broker for 2017.

Forex.com Full Review

NEO Follows Stellar onto eToro Platform

  • Launch of NEO brings total number of crypto assets available on the eToro platform to nine
  • Move comes as investors increasingly seek to diversify into altcoins
  • Users will own the asset and benefit from eToro’s established checks and procedures

London, 19 February 2018eToro, a global trading and investment platform with over nine million users, has today added NEO onto its platform, bringing the total number of cryptocurrency assets available on the site to nine.

The addition of NEO to eToro follows from that of Stellar last week and comes as investors increasingly turn their attention to altcoins, as they seek new investment opportunities and diversification for their cryptocurrency portfolios.

NEO is the token linked to the NEO smart economy platform which uses a unique blockchain algorithm to develop digital assets and smart contracts. It will now be available on the eToro platform alongside Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, and Stellar.

Cryptocurrency investors on eToro own the real underlying asset, with eToro acting as custodian.

NEO will also be added to eToro’s Crypto CopyFund, which uses CFDs to enable investors to diversify across all available cryptocurrencies (weighted by market cap) with just one click.

eToro users benefit from eToro’s verification procedures, security processes and established a reputation within the crypto community.

Commenting on the launch, Yoni Assia, Co-founder, and CEO at eToro, said: “Already in 2018 we’ve seen attention shift away from mainstream cryptocurrencies and the market share of altcoins is increasing all the time. In our view, this trend is only set to continue.

“We are constantly seeking to identify and assess new concepts as they emerge and we are committed to bringing the best crypto assets onto our platform for our users to invest in. We’re excited to have brought NEO and Stellar onto the platform already this year and we look forward to seeing how the market develops in 2018 following a very successful 2017 for the crypto community.”

Bitcoin Blockchain Forks and Bitcoin2X

Bitcoin, the world’s most popular cryptocurrency, experienced a fork on 24th October 2017 and is heading for another in mid-November.

At eToro, we only support a fork if we feel it has a clear direction and purpose. The safety of our customers’ funds is paramount, and we have maintained this position whenever we have added new instruments to our platform. Based on our assessment of the upcoming forks, and their potential impact on our business and customers, we are releasing the following statement:

What is a hard fork?

A hard fork occurs when a software update is introduced to the existing blockchain, which isn’t compatible with the existing blockchain software. This forces the blockchain to split in two. One blockchain will follow the new set of rules, while the other continues to follow the original set.

Forks are commonplace within the industry and they act to update the relevant blockchain. If there is consensus within the community one chain will survive. If no consensus is reached, then both chains remain and a new crypto coin (asset) is created as was the case with Ethereum and Ethereum Classic and Bitcoin and Bitcoin Cash.

The Bitcoin2X (B2X) fork – also known as SegWit2X

At eToro, our first priority is to our customers and the security and stability of our platform. During hard forks, there may be periods when the Bitcoin network is unstable. For example, in the case of the upcoming Bitcoin2X fork, there is no Replay Protection, which may lead to transaction errors and double spending.

With this in mind and taking into account available information, eToro will halt trading prior to the fork – further details will be provided via email, closer to the date. Furthermore, all short positions (manual and copied) will also be closed automatically, prior to the fork.

Subject to the fork occurring as planned and the new B2X coins being issued to all BTC holders, eToro among them. eToro customers holding a non-leveraged long position will be credited on a 1:1 basis with B2X. This will be in accordance with their open BTC positions at the time of the Bitcoin fork and until the credit date. Please note that it might take sometime before the B2X coins are credited to your account and are highly dependant upon several external factors, such as the stability of the network.

eToro will refer to the Bitcoin Core coin as BTC and the newly created coin as Bitcoin2X (B2X)

Additional information including how to redeem your coins will be provided nearer to the date.

Bitcoin Gold Fork

eToro will not be supporting the Bitcoin Gold fork. There is little clarity on this fork from the development community, and there are currently no major exchanges nor wallets or mining pools supporting this fork. If this changes significantly in the future, eToro may review its decision.

If you have any further questions, please contact your account manager, or come chat to us via our platform.

All trading involves risk. Only risk capital you’re prepared to lose. The information above is not investment advice.

eToro Announces the Launch of a Cryptocurrencies CopyFund

eToro, a leading social trading network, announces the launch of a new investment CopyFund for cryptocurrencies.

The company will firstly invest in two major cryptocurrencies, Bitcoin and Ethereum. In addditoin, the company announced that more coins will be available soon.

The new CopyFund has been allocated since mid April and has seen returns of over 120% since its inception.

Broker News – What’s Heating up the Industry This Week?

GDMFX Welcome The World with their Localized  Zero Deposit Fee Payment Method Offering

In a globalized world when it comes to brokering over the counter investment services to traders, the ability for traders to deposit locally is everything. GDMFX have clearly realized the importance of this with their new initiative, whereby they have rolled out over 40 new local deposit methods for traders. This opens up the playing field to more traders who may have been previously excluded from trading based on location. Furthermore GDMFX offers all of these deposit options entirely free of charge. In order to take advantage of this promotion, please visit the promotion page of the GDMFX.com website.

A Partnership of Winners, ITRADER and Manchester City FC

Another day, another football club sponsorship by a brokerage firm. This time it’s ITRADER.com with a partnership across Europe and the Middle East of UK premiership side Man City. Man City who are currently enjoying a seat in the 3rd place of the premiership league table are glad to partner up with such a reliable firm. ITRADER is regulated across Europe to offer traders a secure way to trade the Stocks, CFD’s, FX and Commodities markets. Manchester City and ITRADER, two winners and a match made in heaven!

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eToro Shake up The Industry with Their Innovate CopyFunds Product

eToro, the true innovator of the forex market have done it again. They’ve changed the game with their latest product CopyFunds™. This sees a popular new type of thematic investing, where on the one hand a group of assets are bundled together in an investment basket for traders to speculate on the overall price movement (much like common world indices) and on the other where top performing eToro social traders are grouped together into a portfolio. This second product called Top Trader CopyFunds takes the eToro social trading product to the next level. Traders may enjoy a 0% introductory management fee.

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