FXMAG Team

FXMAG Team

Hola Prime Sets New Industry Standard as the World's Leading Transparent Prop Trading Firm

Hola Prime Sets New Industry Standard as the World's Leading Transparent Prop Trading Firm

FXMAG Team FXMAG Team 20.11.2024 14:01
New York, NY - Hola Prime is proud to unveil its solutions for Prop trading. The prop trading industry has long faced issues that erode trust and hinder traders' growth. Problems such as delayed payouts, hidden trading rules, unexpected account breaches, and unreliable price feeds have created a challenging environment, leaving many traders feeling disillusioned and unsupported. Hola Prime, however, is transforming the industry by prioritizing transparency and trader support. In a market where delayed and denied payouts have become an unfortunate norm, Hola Prime distinguishes itself with fast, reliable, and secure payment processes. Traders at Hola Prime can choose from multiple payment methods to receive their payouts within just one hour, ensuring that their earnings are accessible when needed. Furthermore, unlike several other prop firms, Hola Prime does not charge any fee on the payouts. This prompt and no-fee payment system reflects Hola Prime's commitment to fairness and reliability, addressing one of the industry's most pressing concerns. As Ashutosh Sharma, Head of Risk and Compliance, explains, "Even though we are not obliged to follow any capital market regulations, we chose to operate in a disciplinary way as it is healthy for business. Our Payout Funds Segregation policy allows us to ensure we always have funds readily available to process our trader's payouts." To this, he further added, "We have maintained a 99.9% payout completion rate within one hour since launch." Hola Prime's commitment to transparency goes beyond efficient payouts. In an unprecedented move, the firm publishes a Price Transparency Report, a comprehensive tick-by-tick data report, comparing the price ticks on their trading platforms with the market prices advertised on TradingView to ensure complete transparency. Hola Prime's CFO, Ms. Sumedha explains, "In a decentralized forex market, we are the first and only prop firm to provide this level of price transparency for our traders." One of the biggest frustrations traders face is denied payouts and the sudden closure of accounts due to hidden rules and unexpected breaches. Unlike other firms that may use these tactics to withhold payments or deny payouts, Hola Prime takes a different approach. The firm clearly outlines all trading conditions on its website, leaving no room for ambiguity.  Additionally, if a trader’s behaviour indicates that they may end up breaching certain prohibited trading rules, they receive risk alerts, enabling them to take immediate corrective action and avoid potential violations. This proactive approach underscores Hola Prime's belief that the firm's success is intrinsically linked to the success of its traders.  Besides this, Hola Prime has implemented a unique support system for traders who do not pass their initial challenges. Instead of being left without guidance, traders receive personalized lesson videos that review their performance and offer guidance for improvement. These detailed analyses empower traders to learn from their mistakes, refine their strategies, and better prepare for future opportunities. Hola Prime's commitment to transparency is further evident in its open communication practices. The firm shares detailed performance analyses with traders on their dashboard, providing insights into what worked well and what needs adjustment. This level of support helps traders closely monitor their performance and achieve success. By addressing long-standing issues in the industry and prioritizing transparency, Hola Prime is setting a new benchmark for the industry.  Hola Prime's CEO, Mr. Somesh Kapuria states, " Since the launch, Hola Prime has experienced a remarkable surge in trader onboarding, with a 140% increase in new sign-ups in the first month alone." This early momentum speaks to the trust traders are placing in Hola Prime's transparent practices and supportive ecosystem. With its innovative solutions, Hola Prime is not just being there in the prop industry - it is revitalizing it and fostering an environment where trust and mutual success are paramount.  About Hola Prime Hola Prime is a global proprietary trading firm renowned for its commitment to transparency. Serving prop traders across 175+ countries with access to over 50 trading instruments, Hola Prime provides a reliable and efficient trading environment. With a presence in key locations worldwide and a selection of multiple trading platforms, the firm is bringing a breath of freshness to the prop trading industry. Social Media Facebook: https://www.facebook.com/profile.php?id=61565158992654 Instagram: https://www.instagram.com/holaprime_global/ YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true X: https://x.com/HolaPrimeGlobal Discord: https://discord.gg/TJ7TcHPXBf
U2U Network - The First DePIN Project to Launch Growth Campaign on CoinList in Q4 2024

U2U Network - The First DePIN Project to Launch Growth Campaign on CoinList in Q4 2024

FXMAG Team FXMAG Team 17.11.2024 21:22
The DePIN sector is experiencing a surge, drawing attention as more people recognize its potential in reshaping the digital landscape. Recently, a viral poll, conducted by CoinList, asked users, “What category of projects do you want to see most on CoinList?” DePIN emerged as the top choice, a testament to its rising prominence. Following this, U2U Network - a DePIN-focused Layer 1, announced a collaboration with CoinList for an exclusive incentivized mainnet campaign. This means U2U Network is the first DePIN project to launch a growth campaign on CoinList in Q4 2024.  DePIN - Beyond a Passing Trend DePIN (Decentralized Physical Infrastructure Network) stands out as one of today’s promising technologies, challenging the skepticism often directed at the blockchain industry. Unlike fleeting trends, DePIN aims to represent a foundational shift in managing infrastructure. By decentralizing essential services such as computing, energy, and telecommunications, DePIN delivers scalability, resilience, and cost-efficiency that surpass the usual capabilities of centralized systems.   This innovation could mark the next wave of technological progress - one that democratizes access and unlocks wealth-generation opportunities for communities historically excluded from economic advancement. DePIN’s impact is poised to be more than incremental, serving as a catalyst for widespread change.   The DePIN sector is gaining attention but also substantial investment as well, with a market capitalization exceeding $33.6 billion (Coingecko). Esteemed venture capitalists have begun investing in innovative DePIN projects, underscoring the sector’s vast potential. According to a 2023 report by Messari, the market potential for DePIN is valued at $2.2 trillion, with projections to surge to $3.5 trillion by 2028. To date, leading DePIN projects have collectively secured over $1 billion in funding, illustrating the growing confidence of investors in this space. Acknowledging the potential thrive of DePIN with the successful listing from peaq, U2U Network, a leading DePIN Layer1 in Asia, has just announced its new collaboration with CoinList, a top token launch platform in crypto with many successful DePIN projects such as Filecoin, NATIX, Koii, peaq, etc., for a new pre-listing campaign.   CoinList x U2U Network: U2U Incentivized Mainnet Saga Campaign U2U Network, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, is a modular Layer 1 network that uses advanced directed acyclic graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and quick finality.   U2U Network aims to address the fragmented nature of the DePIN market, where full integration across applications is rare. Its vision is to create a complete blockchain solution for DePIN. The network’s unique subnet technology allows for the creation of customizable, independent sub-networks that offer scalability and flexibility tailored for DePIN applications. This design provides high performance, strong security, and adaptability, giving developers the tools to build and launch DePINs efficiently while enabling users to connect, contribute, and potentially earn from various DePIN projects.   CoinList’s collaboration with U2U Network reflects their shared commitment to advancing the DePIN sector. This collaboration is highlighted by the U2U Incentivized Mainnet Saga Campaign, marking a key step in driving the growth and adoption of DePIN technology. This campaign could serve as gateway to earning $U2U tokens before they hit the market. Participants can gain access to $U2U tokens through Owlto Finance by bridging $USDT to receive $pUSDT, which can then be staked in the U2U Incentivized Staking Pool. The program offers a reward pool of 10,000,000 $U2U tokens for eligible participants. Timeline: 90 days, from 12th Nov 2024 to 10th Feb 2025   For more information, users can read here: https://mainnetsaga.u2u.xyz/    Beyond its collaboration with CoinList, U2U Network is set to embark on an ambitious campaign with Bitget, a world-leading cryptocurrency exchange and Web3 innovator. This collaboration marks another step in U2U Network’s mission to expand its reach and influence within the DePIN ecosystem. Users can stay connected with U2U Network’s social channels for upcoming details about this exciting venture. The Future Goes On Momentum is growing within the community from U2U Network’s pre-listing campaigns; the anticipated listing is set to launch in Q4 2024. With its vision to be a comprehensive blockchain solution for DePIN, U2U Network is positioned to make a significant impact on blockchain space, bringing robust innovation and value to its ecosystem and users alike. As the listing approaches, the path forward for U2U Network indicates significant opportunities and impactful contributions to the blockchain industry and beyond.   The U2U incentivized mainnet campaign is not available to residents in the U.S. (and its territories), Canada and certain other jurisdictions.   The content on this page has been provided by U2U Network and is for general informational purposes only. CoinList does not make any representations or warranties, express or implied, regarding the accuracy, completeness or timeliness of the information provided. Additionally, CoinList does not endorse or recommend any products, or services, mentioned on this page, nor does anything contained herein constitute financial, investment, legal or other professional advice. Users are encouraged to consult their own independent advisors before making any decisions based on the content of this site.
Investment Giant VanEck Launches SUI-based Financial Product

Investment Giant VanEck Launches SUI-based Financial Product

FXMAG Team FXMAG Team 14.11.2024 11:48
Grand Cayman, Cayman Islands, November 13th, 2024, Chainwire   With a 70-year legacy of offering investment solutions across diverse industries and asset classes, privately held VanEck now provides millions of customers access to SUI Investment firm VanEck has introduced a product representing SUI. VanEck, known for its financial products that provide access to Bitcoin, Ethereum, and Solana, now offers exposure to SUI, the token behind the groundbreaking Layer 1 blockchain recognized for its industry-leading performance and infinite horizontal scalability. This fully-collateralized financial instrument provides millions of investors access to SUI.  With the new offering from VanEck, millions can now access SUI without needing to hold SUI in a crypto wallet. VanEck holds the referenced SUI tokens in a regulated custodian environment covered by each note, ensuring that the product's value tracks the underlying tokens' value. Like other financial products, the new VanEck offering enables users to easily invest and divest.  The launch of VanEck's SUI-backed product is the latest demonstration of institutional confidence in Sui, following notable on-chain developments. These include partnerships with services like Copper, Zero Hash and Fordefi and the integration of stablecoins such as USDC, AUSD, and the stablecoin-like USDY. Over the past year, Sui has experienced remarkable growth, with total value locked (TVL) increasing by 430% and DeFi volume surging by 692%. In August, 2024, in another show of support, Grayscale, one of the world’s largest crypto asset managers, launched its Grayscale® Sui Trust. “We are excited to introduce this product as part of our growing portfolio of digital asset investment products,” said Menno Martens, Crypto Specialist and Product Manager at VanEck. “Sui’s proven track record and reputation as an industry leader, as well as its innovative and technological advancements, made this the next logical product to house in the portfolio. We believe this development will give investors a unique opportunity to access one of the most advanced blockchain networks available today.”“The creation of this SUI-based product by VanEck is a pivotal moment for the Sui ecosystem and a significant vote of confidence in Sui’s technology and long-term vision,” said Gap Kim, Head of Marketing for the Sui Foundation. “VanEck is a trusted leader in the investment industry, and the decision to offer SUI as part of their product suite underscores the growing institutional interest in Sui.” To learn more, visit https://blog.sui.io/vaneck-investor-product/ or https://www.vaneck.com/. About Sui Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, users can visit https://sui.io.  About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. VanEck was one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends—including gold investing in 1968, emerging markets in 1993, and Exchange Traded Funds in 2006—that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. VanEck's actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies Since VanEck's founding in 1955, putting its clients’ interests first, in all market environments, has been at the heart of the firm’s mission.
The Premier Gathering for Fintech and Financial Innovation in the Middle East

The Premier Gathering for Fintech and Financial Innovation in the Middle East

FXMAG Team FXMAG Team 13.11.2024 08:30
ProFin Expo MENA 2024 - Saudi, hosted by ProFX Media, will take place on December 11-12, 2024, at the Riyadh Marriott Hotel. This landmark event is designed to unite professionals in fintech, finance, and online trading to network, learn, and share insights that drive financial innovation. ProFin Expo MENA is anticipated to draw over 5,000 attendees and more than 25 exhibitors, making it a must-attend event for those seeking to understand the latest financial technologies and strategies reshaping the industry. Event Highlights Speaker Series and Insightful Sessions ProFin Expo MENA 2024 will feature top experts who will deliver insights on key topics impacting the future of finance. The agenda is packed with valuable sessions, including: Day 1 – December 11, 2024 Time Details Welcome Ceremony & Expo Opening 10:00 - 11:00 Opening remarks, ribbon-cutting, and sponsor recognition. The Future of Fintech in Saudi Arabia 11:00 - 11:30 Presented by Dilavar M.S., focusing on fintech evolution. Market Trends and Innovations 11:30 - 12:00 By Paramount FX, covering key financial growth trends. Digital Transformation in Financial Services 12:00 - 12:30 GGCC Representative on tech-driven service changes. Investment Opportunities in MENA - Panel Discussion 1:30 - 2:30 Leading industry voices discuss investment trends. Workshop: Digital Assets and Blockchain Basics 3:00 - 4:00 Focused on foundational blockchain knowledge. Empowering Investors through Innovation 4:00 - 5:00 FX Broker Startup discusses investor empowerment. Lucky Draw & Day 1 Wrap-Up 5:00 - 6:00 Concluding Day 1 with a prize draw for attendees.       . Networking Opportunities The expo offers exclusive networking zones tailored to foster connections between attendees, exhibitors, and industry experts. These include the Executive Networking Lounge and the Entertainment Lounge, each designed to create an environment where ideas and business opportunities can flourish. Networking Area Capacity Amenities Executive Networking Lounge 50 VIPs Concierge service, exclusive seating areas Entertainment Lounge 200 people Music and lounge setting for informal talks Exhibition Hall and Discovery Zone The Exhibition Hall will host more than 25 exhibitors showcasing the latest financial technology, payment solutions, digital banking innovations, and more. The Discovery Zone offers a dedicated space for exhibitors to demonstrate new products and services, creating direct engagement with a targeted audience interested in fintech advancements. My ProFin Expo CONNECT – Enhanced Digital Networking To improve pre-event interactions, ProFin Expo MENA 2024 introduces My ProFin Expo CONNECT, a digital networking tool that allows attendees to view exhibitor profiles, pre-schedule meetings, and connect with other participants before and during the event. Agenda for Day 2 Day 2 – December 12, 2024 Time Details Expo Opening & Morning Networking 10:00 - 11:00 Networking in dedicated lounges with refreshments. Investment Strategies in a Digital World 11:00 - 12:00 A keynote on digital finance strategies by experts. Growing Opportunities in Fintech 12:00 - 12:30 Presented by Trade Fx Funds on fintech potential. The Role of AI in Trading and Finance 12:30 - 1:00 Wizense Markets expert shares insights on AI impact. Panel: Financial Regulation and Compliance in Fintech 1:30 - 2:30 Discussing regulatory shifts with industry leaders. Risk Management in Online Trading – Workshop 3:00 - 4:00 Practical session on risk management techniques. Optimizing Financial Operations with Technology 4:00 - 5:00 Workshop focused on tech solutions for operations. ProFin Awards Presentation & Expo Closing 5:00 - 6:00 Recognizing excellence in fintech and finance. Key Event Features Industry Expertise and Thought LeadershipThe expo’s lineup includes sessions by experts from leading fintech firms and financial institutions. Attendees will benefit from insights into Saudi Arabia’s fintech evolution, the role of AI in finance, and regulatory compliance, all curated to empower professionals navigating today’s financial landscape. Unparalleled Networking OpportunitiesDesigned for collaboration, ProFin Expo MENA’s networking spaces offer a platform for attendees to engage in meaningful conversations and foster partnerships. Exploring Innovation through the Discovery ZoneThe Discovery Zone provides a stage for exhibitors to launch products and demonstrate solutions, allowing visitors to interact with cutting-edge technologies. Digital Networking with My ProFin Expo CONNECTAttendees can leverage this tool to personalize their event experience by scheduling meetings and connecting with industry leaders before arriving on-site. Why Attend ProFin Expo MENA 2024 - Saudi? Engage with Industry Leaders: The expo’s speaker series offers direct access to influential minds in finance and fintech, presenting case studies, regulatory insights, and innovative strategies. Valuable Networking: With more than 5,000 attendees, participants have unparalleled opportunities to connect with professionals across finance, investment, and technology sectors. Discover Solutions for Growth: The exhibition space showcases state-of-the-art solutions that address today’s financial challenges, providing tangible insights and business growth tools. Support for Women in Finance: ProFin Expo MENA 2024 emphasizes inclusivity, hosting events and sessions specifically designed to empower women in the industry. ProFin Expo MENA 2024 - Saudi: Where Finance and Innovation Meet Saudi Arabia is transforming its financial landscape as part of Vision 2030, embracing technologies that will position it as a key player in global finance. ProFin Expo MENA 2024 supports these goals by providing a platform where professionals can discuss, develop, and promote advancements that will shape the future. About ProFX Media ProFX Media is a leader in organizing impactful financial events, fostering growth and collaboration across the industry. Known for high-quality platforms, ProFX Media connects financial institutions, fintech firms, and traders, empowering professionals worldwide. Registration and Sponsorship Information For more details and to secure your place at ProFin Expo MENA 2024, visit www.profinexpo.com/saudi. Email: info@profxmedia.com Phone: +971 58 594 8900 ProFin Expo MENA 2024 - Saudi is a unique event for anyone looking to gain insights, connect with industry leaders, and explore the future of finance in the Middle East. Join us and be part of a transformative experience in Riyadh this December.  
Shiba Inu Facts and News That Keep the Crypto World Buzzing

Shiba Inu Facts and News That Keep the Crypto World Buzzing

FXMAG Team FXMAG Team 12.11.2024 12:41
Sponsored article   What makes Shiba Inu stand out in the crowded world of cryptocurrencies? Why has it managed to maintain momentum despite the typical market ups and downs? As this token continues to captivate both new and seasoned investors, its developments are consistently a topic of interest. Let’s explore some key facts that keep this token in the spotlight. Understanding the Basics of the Token Initially created as a playful response to Dogecoin, the token soon gained significant traction, becoming a regular feature in Shiba Inu news. Launched in 2020 by the anonymous founder Ryoshi, it quickly attracted a following thanks to its decentralised nature and enthusiastic community. What began as a meme has developed into something much more substantial.   Since then, the project’s creators have focused on expanding its ecosystem, including launching the ShibaSwap decentralised exchange. This commitment to creating functional use cases has helped the token gain credibility. It’s now seen as a serious player in the crypto space rather than just another meme coin. Shiba Inu’s Position in the Market Initially dismissed as just another meme coin, it has now solidified its position among the top digital currencies by market capitalisation. The token’s low price has made it particularly attractive to retail investors, who enjoy the ability to acquire large quantities with minimal investment. This sense of ownership and the community-driven nature of the project have helped keep it relevant.    Many investors closely track its price movements, hoping to catch the next big rally. Furthermore, the growing ecosystem and continuous development efforts have sparked interest from new investors, further boosting its visibility. As Shiba Inu continues to innovate, its potential for long-term growth keeps the community engaged and optimistic. The ShibaSwap Ecosystem: More Than Just a Token One of the biggest achievements has been the development of the ShibaSwap platform. This decentralised exchange allows users to trade, stake, and earn rewards, adding significant utility beyond simply holding the token. Key features of ShibaSwap include: Swapping tokens in a decentralised environment Staking SHIB, LEASH, and BONE for rewards Providing liquidity for trading pairs Yield farming for passive income Participating in governance through BONE The growth of this ecosystem has helped strengthen the token’s place in the decentralised finance (DeFi) world, ensuring continued interest and engagement from its supporters. The Power of the Shiba Inu Community Much of the project’s success can be attributed to its passionate and active community, known as the “Shib Army.” This group plays a vital role in spreading awareness and driving adoption. The community has become a key factor in the token’s continued rise, organising charity efforts and pushing for wider recognition. These factors have turned this token into more than just a meme—it’s now seen as a movement. This active involvement ensures that the project stays relevant and that innovation remains at the forefront of its mission.   The ongoing buzz around Shiba Inu news reflects its evolution from a simple meme to a robust ecosystem. As the project expands and continues to attract attention from a broad base of supporters, it remains a point of interest for both investors and enthusiasts. With more developments on the way, this token is likely to stay in the spotlight for the foreseeable future, keeping the crypto world buzzing.
Polymer Launches Real-Time Interoperability For Ethereum Rollups

Polymer Launches Real-Time Interoperability For Ethereum Rollups

FXMAG Team FXMAG Team 11.11.2024 15:18
New York City, New York, November 11th, 2024, Chainwire   Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary state across rollups at vastly reduced overhead.  Rollup/L2 ecosystems have historically connected only within their own walled gardens; with Polymer, however, rollups can now communicate across ecosystems and coordinate as fast as they can produce blocks. The protocol offers significant improvements in cross-chain communication latency, bandwidth, and cost for all on-chain primitives compared to existing solutions.  Polymer aims to make cross-chain interoperability as fast, efficient, and affordable as blockspace itself, enabling Ethereum applications to scale to the next million users. Increase Bandwidth Reduce Latency Real-time, high-throughput rollups are right around the corner, but existing interoperability protocols (point-to-point and hub-and-spoke models) were not designed to support dense network traffic across hundreds of rollups. According to the team, existing solutions are too slow and expensive for the next generation of applications on Ethereum. As we enter this new era, interoperability solutions must complement their speed and efficiency. Real-time apps require real-time interoperability. Polymer aims to build the fastest and most efficient interoperability protocol for next-generation rollups like MegaETH. The Hub passes messages in real-time via sequencer pre-confirmations, ensuring cross-chain communication latency can keep up with millisecond block times of these rollups. Polymer also leverages EigenDA to scale cross-rollup bandwidth to facilitate data-intensive use cases on-chain. "Real-timeness, the ability to react to inputs with ultra-low latency at massive scale, will enable truly ground-breaking decentralized applications. Readying the infra stack for this revolution will be a joint effort, in which real-time interoperability from Polymer will be crucial." - Lei Yang (Cofounder & CTO MegaETH) Various technologies like shared sequencers and ecosystem-native interoperability intra-nets have fragmented Ethereum into rollup clusters; these clusters, however, can leverage Polymer Hub’s one-to-all architecture to become interoperable with each other within minutes, rather than months. Polymer Hub is also the first interoperability solution to offer re-org protection. This helps enable token bridges and solver networks to safely settle cross-chain transactions in milliseconds and automatically revert them if they deviate from Ethereum’s L1 history. Looking Ahead The next generation of on-chain applications will closely follow the architecture of cloud apps: rollups are the new microservices, AVSs are the new infrastructure services. To enable horizontal scaling on-chain, cross-chain infrastructure must be low-latency, high-bandwidth, and affordably scalable. The Polymer team seeks to improve interoperability performance in order to enable competitive, novel categories of applications, such as high throughput e-commerce and ride-sharing, to be built on-chain.  "Building interoperable applications that don’t trade off cost or latency is a requirement to make crypto usable again. At scale, this connective layer needs to be as robust and secure as the Ethereum base layer itself, and Polymer has been uncompromising in achieving this vision." - Vikram Arun (Cofounder & CEO Superform Labs) Starting with the OP stack, Polymer plans to bring real-time interoperability to all rollup ecosystems on Ethereum—enabling swift and cost-effective scaling for applications in the near future.  Developers interested in trying Polymer Hub's mainnet can find more information on Polymer Lab's website, and by following Polymer on X (@Polymer_Labs). About Polymer Labs provides real-time, high-throughput interoperability for Ethereum rollups. Polymer lays foundational network infrastructure enabling the next generation of internet-scale apps like Uber to be built on-chain.
Bybit Expands Shunyet Jan’s Role to Drive Institutional Growth

Bybit Expands Shunyet Jan’s Role to Drive Institutional Growth

FXMAG Team FXMAG Team 11.11.2024 09:21
Dubai, United Arab Emirates, November 8th, 2024, Chainwire   Bybit, the world's second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing its innovative derivatives offerings. Expanding Responsibilities for a Dynamic Industry Shunyet Jan joined Bybit with a wealth of experience in both traditional finance and high-frequency trading, bringing a fresh perspective to the crypto space. “Bybit has been an exciting place to work, with a strong focus on innovation and rapid execution,” Shunyet noted. “The culture here is remarkably collaborative, and it’s clear that agility and teamwork are at the heart of everything we do.” His positive first impressions of Bybit’s team and culture, shaped by his background across diverse financial environments, have only reinforced his enthusiasm for advancing Bybit’s role in the market. In his expanded role, Shunyet will leverage his insights from a distinguished career, which includes roles in program trading, ETFs, and index arbitrage on Wall Street, as well as algorithmic and high-frequency trading in Asia. His leadership will guide Bybit in crafting solutions that cater specifically to institutional needs, bridging traditional finance principles with the flexibility of digital assets. Championing Bybit’s Vision for Institutional Growth With deep experience in serving sovereign wealth funds, pension funds, hedge funds, and market makers, Shunyet understands the unique needs of institutional investors. “Institutional sales and derivatives share a common goal: providing seamless access to liquidity and effective support,” Shunyet explained. His dual background as both an institutional client advisor and a top global market maker allows him to anticipate and address the nuanced demands of these clients, helping Bybit solidify its reputation as a trusted partner for sophisticated trading solutions. In his new role, Shunyet’s focus is clear: “I’m focused on positioning Bybit as the top choice for institutional clients by enhancing our custody solutions, expanding loan products, and strengthening liquidity across the platform.” He envisions building a robust environment that not only attracts institutional clients but also elevates their experience through refined trading conditions and innovative tools. By refining custody options and liquidity enhancements, Bybit aims to further solidify its foundation in a rapidly growing sector. A Vision for Bybit’s Derivatives and Institutional Future Shunyet’s career trajectory highlights a commitment to adapting the best practices from traditional finance to the crypto industry. He sees significant potential in options trading for the crypto sector, especially in the APAC region, where demand is rapidly increasing. “While options are standard in traditional markets, they remain underutilized in crypto. My goal is to build a world-class options trading platform that offers the same level of sophistication and reliability that institutional investors expect.” “Bybit has a vision of creating a secure, innovative environment for traders, and I’m eager to contribute to the growth of our platform, enhancing institutional offerings while expanding sophisticated retail solutions,” Shunyet added. Helen Liu, Chief Operating Officer of Bybit, commented, “Shunyet’s dual expertise in traditional finance and crypto markets equips him to elevate our platform for institutional clients. His insights and leadership will be instrumental as we broaden our reach in institutional services and enrich our derivatives offerings.” About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform

Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform

FXMAG Team FXMAG Team 11.11.2024 09:19
Zug, Switzerland, November 11th, 2024, Chainwire   Proven-at-Scale Technology Enhances Security, Privacy, Compliance and Incentives for Global Digital Finance Virtual Assets Lab, AG (VAL.com) is pleased to announce the launch of its next-generation stablecoin management and wallet platform. Designed to advance digital finance, this platform offers secure, compliant, and customizable solutions for users, blockchain networks, exchanges, institutions and governments  Virtual Assets Lab’s technology has already been proven-at-scale with over $100 billion in managed transactions and more than one million mobile app installations across 180+ countries, achieving an average rating of 4.5+.  Introducing “1Currencies” Launching symbolically on 11/11, Virtual Assets Lab (VAL.com) is excited to debut our flagship stablecoin line, “1Currencies” – a comprehensive suite of G10 currencies beginning with 1USD. With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security, while offering cutting-edge features and attractive economics.  “Our vision with 1Currencies is to bring compliance, security, transparency and shared economics to stablecoins, starting with the world’s most widely used currency,” said Bill Wolf, Co-Founder of Virtual Assets Lab and former Managing Director at Goldman Sachs, HSBC and Credit Suisse. “1USD is just the beginning – each currency in the 1Currencies suite will empower users with better economics and seamless interoperability across the financial landscape.” 1USD is coming to centralized exchanges globally in 2025 Introducing “VAL Mobile App”With the new VAL app, users gain a streamlined way to create and manage wallets, access stablecoins, and establish self-sovereign IDs (SSIs) backed by verified credentials, enhancing security and privacy. The app supports interaction with decentralized applications (dApps), exclusive marketplace offerings, and provides free hack monitoring for user assurance. Designed to bring Web3 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance. Virtual Assets Lab’s Key Benefits: Proven-at-Scale: Virtual Assets Lab’s stablecoin management system has successfully handled over $100 billion in transactions and VAL’s mobile app has achieved over one million installs from users in more than 180 countries, with an average rating of 4.5+.  Flexible Pricing with Shared Economics: Virtual Assets Lab offer flexible pricing models, lower startup costs, and yield-sharing options, making VAL an ideal partner for Layer 1 blockchain networks and exchanges seeking cost-effective stablecoin solutions. Support for G10 Currencies: Virtual Assets Lab’s platform supports multiple fiat currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK, facilitating global adoption and accessibility. Chain-Agnostic and Exchange-Neutral Design: Virtual Assets Lab’s stablecoins are compatible with various blockchain networks and exchanges, providing flexibility and promoting financial inclusion. Highly Customizable & Easy to Integrate: Virtual Assets Lab’s cutting-edge platform is highly customizable, easy to integrate and offers robust support services, enabling more efficient onboarding and ongoing management. Virtual Assets Lab’s Trust Layer: Compliant & Licensed: Virtual Assets Lab are licensed and registered across various jurisdictions including; VQF (Switzerland ), EMI* (Europe ), VASP (Europe) & AUSTRAC (Australia). Secure and privacy-first: Virtual Assets Lab's stablecoin platform is partnered with trusted custodians and utilizes secure back-end cross chain transferability and high security. Virtual Assets Lab's mobile app wallet technology is SOC II compliant and leverages self-sovereign identity (SSI) and reusable, verified credentials (VCs) for added security and privacy. Transparent: Virtual Assets Lab offer full transparency by publishing third party, real-time attestations, legally attesting to the balances held backing "1USD" cross-referenced against " 1USD" balances on chain. About Virtual Assets Lab (VAL.com) Virtual Assets Lab (VAL.com) is a digital finance infrastructure provider specializing in stablecoin management and wallet solutions. With a team of seasoned professionals experienced in web3 and crypto projects, leading consumer and enterprise technology, finance, and compliance, VAL is dedicated to supporting the global transition to digital finance.
Acuity Trading Partners with FinTech360 to Enhance Broker Efficiency and Trading Insights

Acuity Trading Partners with FinTech360 to Enhance Broker Efficiency and Trading Insights

FXMAG Team FXMAG Team 08.11.2024 12:54
Acuity Trading has announced a strategic partnership with FinTech360, a B2B company specializing in services for fintech companies, primarily forex brokers. This partnership aims to enhance broker efficiency, streamline operations, and offer advanced trading insights through a fully integrative system. FinTech360, known for leveraging technology to provide superior trading experiences, will now enhance its offerings with Acuity Trading’s professional market research and trade signals. This combination of AI technology and expert analysis delivers clear, actionable insights, empowering brokers and driving success in the financial market. “Our partnership with Acuity Trading aligns perfectly with our commitment to innovation and excellence,” said Aaron Bitter, CEO of FinTech360. “Integrating Acuity’s advanced analytical tools, like Signals and News, allows us to provide our clients with deeper insights and a comprehensive understanding of market dynamics.” FinTech360 offers a suite of products that integrate seamlessly, creating a unified ecosystem for brokers. Their platform includes advanced tools for customer lifecycle management, marketing, and compliance, tailored to the needs of regulated brokers. By simplifying complexities and providing continuous support, FinTech360 helps brokers at every stage, from startup to expansion, overcome challenges and achieve their goals. “Both FinTech360 and Acuity Trading share a vision of delivering cutting-edge solutions to enhance client success,” said Andrew Lane, CEO of Acuity Trading. “Our blend of AI-driven technology and expert human analysis provides clear, transparent, and actionable trade insights, making this partnership a natural fit.” Acuity Trading’s products, including Signals (AnalysisIQ) and News (Economic Calendar), are designed to integrate seamlessly across various platforms, offering unmatched trading insights. This partnership enables FinTech360 to expand its market reach, attract a broader client base, and cater to the diverse needs of brokers. “Through this partnership, we can enhance our reputation and credibility among our clients,” added Bitter. “The integration of Acuity Trading’s advanced tools strengthens our technological capabilities and client relationships by providing the best possible tools and insights for trading.” The partnership between FinTech360 and Acuity Trading is driven by a shared commitment to innovation, enhanced trading tools, and striving to improve the chances of client success. This collaboration seeks to provide significant benefits for both companies and their clients, positioning them strongly in the competitive financial technology landscape. About FinTech 360 FinTech360 is dedicated to revolutionising the financial industry with cutting-edge technology and innovative solutions tailored for regulated brokers. Its fully integrative system enhances broker efficiency through advanced customer lifecycle management, marketing, and compliance tools. FinTech360 offers a comprehensive suite of seamlessly integrated products designed to create a unified ecosystem for brokers, simplifying complexity and providing continuous support. Their mission is to empower brokers to thrive in an ever-evolving market, whether they are just starting or looking to optimise and expand their operations. For more information, visit FinTech360.
Introducing iFX EXPO Dubai 2025 – MENA’s No.1 B2B & B2C Online Trading Event

Introducing iFX EXPO Dubai 2025 – MENA’s No.1 B2B & B2C Online Trading Event

FXMAG Team FXMAG Team 06.11.2024 14:09
Mark your calendars! MENA’s most popular online trading event – iFX EXPO Dubai 2025 – returns to the region, with the latest instalment promising to be the biggest and best one yet. Taking place between January 14-16, 2025, at the Dubai World Trade Centre, the 2+ day exhibition is one of the largest B2B and B2C expos of its kind anywhere in the world, bringing together key players from across the globe.  Whether you are a seasoned trader, new to the industry, or a business looking to grow your presence in MENA, iFX EXPO Dubai 2025 is set to be an unmissable event, with 7k+ professionals from 120+ countries set to be in attendance. Building on the huge success of last year’s event, passholders will be able to access 13+ hours of insightful content across three stages, Speaker Hall, Idea Hub, and Traders Arena, featuring a stellar lineup of influential experts and visionary thinkers.   A must-attend event for traders  iFX EXPO Dubai 2025 has cemented its reputation as a global meeting point for the online trading community, offering traders the chance to experience unparalleled networking opportunities and cutting-edge industry insights.  It is a gateway to learning and growth, with all areas of the venue providing fantastic learning opportunities. The main expo floor will serve as the primary marketplace where traders can network with top brokers, access industry leaders, and explore the latest trading platforms and state-of-the-art technologies. As well as the insightful speaker sessions, Q&As, and panel discussions featured at the Speaker Hall and Idea Hub, traders will be able to head to the Traders Zone, comprising the exclusive Traders Lounge and Traders Arena.  The Traders Lounge serves as an important hub for collaboration, where traders from around the world can exchange insights, build relationships, and keep updated with the latest industry trends in a more informal setting.  Meanwhile, the Traders Arena provides a dynamic stage for trading education and community building, offering an ideal environment for traders to learn, share, and grow within the world of online trading.   Business sponsorship and exhibitor opportunities iFX EXPO Dubai 2025 presents FX and fintech firms with a unique opportunity to showcase their business to a target audience of thousands of attendees from across the industry, including brokers, traders, affiliates and IBs, liquidity providers, fintechs, prop firms, institutional investors, and more. From start-ups to established companies, the event offers the ideal platform to promote their offerings and put their brand on the map through a range of exclusive sponsorship and exhibitor packages. By becoming an official sponsor or exhibiting at a booth, companies can not only boost their visibility but also unlock greater opportunities to form strategic partnerships, generate leads, and drive business growth. Due to high demand, there are limited booths and sponsorship slots available, meaning interested parties are encouraged to get in touch with the event organisers quickly to avoid disappointment. For more information about how to sponsor or exhibit as a business, click here.    Counting down to Dubai  The excitement is already building, with January fast approaching. iFX EXPO Dubai 2025 is gearing up to be the biggest online trading event of the year in MENA, offering unmatched opportunities for traders and businesses alike.  Early bird registration is now open, so don’t miss the chance to secure a spot at the event everyone will be talking about. To guarantee attendance at iFX EXPO Dubai 2025, click here.
Breaking Ground: Midnight to Launch the World’s First Deconstructed MMO on Aptos, Unveiling the Future of AA Gaming

Breaking Ground: Midnight to Launch the World’s First Deconstructed MMO on Aptos, Unveiling the Future of AA Gaming

FXMAG Team FXMAG Team 01.11.2024 17:48
Las Vegas, US, November 1st, 2024, Chainwire Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed. The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles. Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos' Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming. Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize? “Our partnership with Aptos Foundation marks a significant tipping point,” said Steve Wade, Founder & CEO of Midnight. “Aptos’ innovative Web3 infrastructure aligns perfectly with our strategy to focus on player participation in the ecosystems they engage with. Specifically, we’ve solved for interoperability between games, and Aptos makes that solution a reality.” Wade further explained, “We believe in the creator economy and see Web3 as the next logical step—empowering individuals and communities to shape the ecosystems they interact with. With Aptos, we envision a world where players’ stories matter and endure long after the game is over.” Key Features of The Evergreen: Midnight Market Engaging, Unpredictable Gameplay: Players experience unpredictable rewards or unexpected encounters, with every spin holding the potential for either fortune or a surprise interaction with the Night Pig. This element of suspense enhances the gameplay experience with an entertaining, high-stakes twist. Decisive Risk-Reward Mechanics: With each turn, players must choose between pushing their luck for higher rewards or banking their earnings. This gameplay design adds strategic depth, enhancing engagement through meaningful player choices. Aptos Powered Player Economy: Midnight Market features a blockchain-powered economy, enabling players to craft items known as Keys and earn tickets that can be redeemed for the native ecosystem token or other exclusive merchandise. This player-driven system ensures that every reward has tangible value, heightening the stakes and making the game’s risk-reward mechanics even more impactful. The game is the first major title to utilize the Aptos high-throughput blockchain, which boasts low latency and high transaction speeds, creating a seamless gaming environment for thousands of players worldwide. “Powered by the speed and security of the Aptos blockchain, we’re excited to see Midnight’s ambitious vision for The Evergreen brought to life,” said Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation. “Players can expect an immersive, genre-spanning experience where every move shapes their unique journey, and the time they spend leaves lasting echoes within the game’s universe and control over the assets they acquire. This isn’t just a step into the future of Web3 gaming—it’s a bold leap forward, placing players at the heart of a dynamic ecosystem, where every moment they choose to spend has a meaningful impact on the worlds they explore". The Evergreen: Midnight Market is in closed beta now and available to players globally November 13th. For more information visit Midnight.io and join our discord . About Aptos Foundation Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Users can visit https://www.aptosfoundation.org for more information. About Aptos Network Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information on the Aptos blockchain. About Midnight Midnight is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms. Users can follow Midnight: Website | X | Discord |  Telegram
Flipster Partners with BNB Chain for Fee-Free Withdrawals

Flipster Partners with BNB Chain for Fee-Free Withdrawals

FXMAG Team FXMAG Team 01.11.2024 15:36
Warsaw, Poland, November 1st, 2024, Chainwire   Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading. This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to make cryptocurrency trading more user-friendly and cost-effective. By backing BNB Chain’s gas-free withdrawals initiative, Flipster users will be able to transact with ease and capitalize on market movements effectively while avoiding hidden fees and slippage. CEO of Flipster, commented, “We’ve always been focused on building an inclusive and user-centric environment to enhance the trading experience for our users. Collaborating with BNB Chain on fee-free withdrawals is a natural step toward advancing our shared vision of opening up crypto trading to the masses. We are committed to fostering a thriving ecosystem where digital assets are easily accessible to everyone." Beyond bridging the gap between traditional finance and crypto, Flipster aims to explore further synergistic initiatives that accelerate crypto adoption. This includes fostering connections within the ecosystem, providing seamless entry into the market, and enhancing the overall trading experience, to encourage greater participation in the ecosystem. Gala Wen, Director of Ecosystem Development at BNB Chain, added "Collaborating with Flipster to provide gas-free withdrawals is a key part of our ongoing efforts to lower barriers to entry in the crypto market. By removing withdrawal fees, we empower more users to engage with digital assets and expand access to cryptocurrency, aligning with BNB Chain’s mission to onboard the next billion users into Web3. We look forward to exploring further initiatives with Flipster to enhance user empowerment.” Flipster’s platform is designed for rapid trade execution, deep liquidity, and zero trading fees. With the integration of BNB Chain’s fee-free withdrawals, users can withdraw stablecoins without incurring additional costs until the end of the month. Processing over $10 billion in monthly trading volume and serving over a million users, more than 98% of asset deposits and withdrawals on Flipster are stablecoins, making the zero-fee withdrawal offering on BNB Chain even more valuable for users looking to maximize their returns. For more information about the campaign, please refer to Flipster’s blog. About BNB Chain BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of: BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.  opBNB: A scalability L2 that delivers the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.
CreationNetwork.ai Emerges as a Leading AI-Powered Platform, Integrating 22+ Tools for Enhanced Digital Engagement

CreationNetwork.ai Emerges as a Leading AI-Powered Platform, Integrating 22+ Tools for Enhanced Digital Engagement

FXMAG Team FXMAG Team 01.11.2024 15:33
London, United Kingdom, November 1st, 2024, Chainwire   CreationNetwork.ai, a groundbreaking digital platform, today announces its public launch, redefining digital engagement for businesses, content creators, and influencers. As an all-in-one solution for content creation, e-commerce, social media management, and digital marketing, CreationNetwork.ai combines 22+ proprietary AI-powered tools and 29+ platform integrations to deliver the most extensive digital ecosystem available. Empowering Digital Transformation with 22+ AI-Powered Tools CreationNetwork.ai’s suite of tools spans every facet of digital engagement, equipping users with powerful AI technologies to streamline operations, engage audiences, and optimize performance. Each tool is meticulously designed to enhance productivity and efficiency, making it easy to create, manage, and analyze content across multiple channels. Key tools include: AI Copywriter: Generates high-quality, unique content for blogs, social media, and business communications. AI Page Maker: Simplifies landing page creation with zero design or coding knowledge. AI Trend Briefs: Provides market insights and trends, positioning users at the forefront of innovation. AI Bot Maker: Creates intelligent chatbots for seamless user interaction and customer support. AI Video Maker: Produces captivating, brand-aligned promotional videos. AI Video Ambassador: Transforms text scripts into spokesperson videos with customizable avatars. AI Voiceovers Studio: Offers lifelike voiceovers in multiple languages and accents. AI SmartVoice Replicator: Clones voices to maintain brand consistency across content. AI Voice Modifier: Enhances voice recordings, elevating audio quality effortlessly. AI SmartTranscriber: Converts audio into text with accuracy, ideal for transcription and subtitles. AI Design Studio: Enables professional-quality graphic creation without design skills. AI BrandMagic: Instantly creates essential brand assets like logos and business cards. AI Banners: Tailors banners for digital platforms and campaigns. Art Academy - Image Genius: Allows text-to-image transformation, animations, and editing with AI. Social Metrics Analytics: Offers detailed insights on social media performance metrics. Social SmartEngagement: Increases engagement through targeted AI-driven insights. Social PublishMaster: Automates social publishing with optimized timing and platform synchronization. Social Listen Monitor: Tracks brand mentions and audience sentiment across social media. Social Automation Optimize: Automates repetitive tasks, improving workflow and engagement. Social CollaborationPro: Fosters team collaboration, managing content creation and approval processes. AI & Automation: Integrates AI-driven insights across content creation, engagement, and analytics. Team-Powered Branding: Amplifies brand messaging through employee advocacy. Each of these tools is designed to optimize digital engagement, reduce manual workload, and enable users to focus on impactful, strategic actions. CreationNetwork.ai’s suite harnesses the transformative power of AI and blockchain, fostering both creativity and precision. Comprehensive Integration Network: 29+ Platform Connections for Maximum Reach One of the most distinguishing features of CreationNetwork.ai is its extensive integration network. With over 29 integrations, users can synchronize their digital activities across major social media, e-commerce, and content platforms, providing centralized management and engagement capabilities. Social Media Integrations: Facebook, X (Twitter), Instagram, LinkedIn, Pinterest, TikTok, YouTube, WhatsApp, Telegram, Discord, and Snapchat. E-commerce Integrations: Google Business Profile, Shopify, WooCommerce, Etsy, BigCommerce, Ecwid, and Wix Commerce, supporting online retailers with seamless inventory and order management. Content Creation Integrations: Canva, Grammarly, Airtable, Zapier, Make, Adobe Express, Unsplash, Giphy, Pexels, Pixabay, and Dropbox allow users to access resources for content creation and file management without leaving the CreationNetwork.ai platform. This integration network empowers users to manage their brand presence across platforms from a single, unified dashboard, significantly enhancing efficiency and reach. Community Incentives: CRNT Token Airdrop and ICO Whitelisting In preparation for its Initial Coin Offering (ICO), CreationNetwork.ai is launching a $750,000 CRNT Token Airdrop to reward early supporters and incentivize participation in the CreationNetwork.ai ecosystem. Qualified participants can secure their position by following CreationNetwork.ai’s social media accounts and completing the whitelist form available on the official website. This initiative highlights CreationNetwork.ai’s commitment to building a strong, engaged community. Whitelist Form: https://creationnetwork.ai/whitelist-airdrop-gateway/ CreationNetwork.ai: The Future of Digital Content and Marketing CreationNetwork.ai is also a comprehensive digital ecosystem for businesses, creators, and marketers. Combining the power of AI and blockchain, CreationNetwork.ai redefines how users manage their digital presence, from crafting content to engaging with audiences across diverse channels. Its suite of tools, extensive integrations, and commitment to community-building make CreationNetwork.ai a leading solution for digital transformation. “CreationNetwork.ai is built to set a new benchmark in digital engagement,” said Ali Demir, CEO of CreationNetwork.ai. “We’re providing creators and businesses with an all-encompassing solution that combines innovative AI, deep platform integrations, and automation. Our platform is truly one of a kind, empowering users to harness the full potential of digital technology.”
Nexo Unveils Strategic Rebrand as a Premier Digital Assets Wealth Platform

Nexo Unveils Strategic Rebrand as a Premier Digital Assets Wealth Platform

FXMAG Team FXMAG Team 31.10.2024 21:53
Vilnius, Lithuania, October 31st, 2024, Chainwire Nexo redesigns its innovative solutions for long-term digital wealth building with 24/7 advanced client care on Bitcoin Whitepaper Day.  Nexo, a leading digital assets institution, today announced its major rebrand and platform redesign, marking its evolution from a crypto lending pioneer to the first comprehensive and compliant digital assets wealth platform. Unveiled on Bitcoin Whitepaper Day, this step reflects Nexo’s growth and broader strategic vision for empowering forward-thinking investors to grow, preserve, and utilize their wealth.  Following 20 months of client research across 5,000 users in 23 countries, Nexo’s revamped platform – with a new logo, website, and enhanced user interface – responds to the growing demand for sophisticated, yet flexible digital asset solutions. This evolution aligns with the needs of those who recognize the power of cryptocurrencies to create long-term value, as Nexo continues on its mission to drive the next generation of wealth. Nexo evolves with the maturing crypto landscape “Our 'Wealth Forward' philosophy positions us as the first major crypto company to make a strategic move to a comprehensive digital asset wealth platform. We focus on providing independent, savvy investors with smarter and more flexible ways to grow and access their wealth in the digital asset space," said Kosta Kantchev, Co-founder and Executive Chairman of Nexo. The digital asset landscape has rapidly evolved from a niche to a transformative force in the financial sector, underscored by the approval of Bitcoin spot ETFs. This momentum is reflected in the growing interest in digital assets: 65% of institutional investors are ready to enter the market while 72% of retail investors view digital assets as essential for wealth-building. Nexo has been at the forefront of this evolution. With a robust business model and diverse offerings, Nexo has earned the trust of both retail and institutional investors across more than 200 jurisdictions. Its impressive track record – over $320 billion in processed transactions, $8 billion in crypto credit issued, and $945 million in interest paid out – cements its new direction: shaping the next generation of wealth. A new look for a new era Nexo’s new brand and visual identity reflect its mature, focused direction, namely “Driving the next generation of wealth” – in line with the discerning nature of crypto holders. https://www.youtube.com/embed/yIfsrJB6TSY (embedded video)   The revamped identity integrates movement and precision, symbolizing Nexo's commitment to client prosperity and forward-thinking solutions. Central to the upward-flowing logo pattern are two key concepts: human resilience – represented by a spiral – nods to the perseverance and adaptability inherent in human DNA, and exponential growth – captured by mathematically precise diagonals – shows the boundless opportunities of digital assets. Inspired by the modern, active lifestyle of Nexo’s clients, the new identity blends soft greys and beiges with energetic greens to capture today's opportunities. Flowing patterns and precise elements convey both flexibility and security, resonating with Nexo’s clientele which demands innovation and reliability in managing their wealth. "Our new visual identity mirrors Nexo’s evolution into a sophisticated digital assets wealth platform," said Elitsa Taskova, CPO of Nexo. "Going forward, we are focusing on hyper-personalized, white-glove service, offering autonomy and flexibility within an intuitive product suite with the tools and expertise to help you thrive. As digital assets merge with traditional investments, Nexo stands ready to guide you, providing compliant opportunities for growth and long-term value." Platform evolution: a suite for the forward-thinking investor After 20 months of client research, Nexo’s survey of 5,000 users across 23 countries revealed that 67.9% of high-net-worth individuals view digital assets as long-term wealth solutions, while 69% of Bitcoin holders see it as a durable store of value. This reflects a significant shift in how sophisticated investors approach wealth, increasingly favoring digital-first tools and a seamless, omnichannel ecosystem for 24/7 access. Nexo's 360° product suite aligns perfectly with these demands and offers: Savings Growth: Flexible and fixed-term yield options, including Dual Investment, are accessible 24/7 across all devices.  Advanced crypto tools: crypto-backed Credit Lines, 1,500 market pairs, crypto Futures, Target Price Swaps, and advanced analytics enable alternative growth opportunities.  Global Access: liquidity and seamless spending options, ensuring access to funds via the Nexo Card. In addition, the Nexo platform empowers its clientele with tiered loyalty rewards and bespoke services for high-net-worth clients with 24/7 client care teams. Looking ahead, Nexo is evolving its suite of digital asset wealth tools with a strong focus on compliance and security systems built for long-term stability. The company continues to pursue strategic partnerships and international expansion, solidifying its position as the world’s leading digital assets wealth platform. For more information about Nexo's 'Wealth Forward' strategy, users can visit https://nexo.com/brand. About Nexo Nexo is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Our mission is to drive the next generation of wealth by prioritizing customer prosperity and delivering tailored solutions for building long-term value, supported by 24/7 client care.  Since 2018, Nexo has been delivering unmatched opportunities to forward-thinking clients across more than 200 jurisdictions. Our all-in-one platform combines cutting-edge technology with a client-centric approach, offering high yields on flexible and fixed-term savings, crypto-backed loans, advanced trading tools, and liquidity solutions through the first debit/credit crypto card. Backed by deep industry expertise, a sustainable business model, robust infrastructure, security, and global licensing, Nexo champions innovation and long-lasting prosperity. Official website: nexo.com Note: Some of the products and services are unavailable to citizens or residents of certain jurisdictions, including where restrictions may apply.
Chorus One Introduces TON Pool: The First Institutional Solution for Scalable TON staking

Chorus One Introduces TON Pool: The First Institutional Solution for Scalable TON staking

FXMAG Team FXMAG Team 31.10.2024 21:47
Zug, Switzerland, October 31st, 2024, Chainwire   Chorus One, a leading provider of staking infrastructure for over 60 networks, today announced the launch of TON Pool, a new staking solution designed to simplify and optimize Toncoin staking for institutions and investors. With a focus on addressing the limitations of current staking models on the TON blockchain, TON Pool offers a flexible, cost-effective, and scalable staking solution that meets the needs of custodians, exchanges, wallets, and institutional investors. A solution to Toncoin’s current staking limitations The TON blockchain is gaining traction as a powerful platform for decentralized applications, but existing Toncoin staking mechanisms—such as the Nominator Pool and Single Nominator contracts—present significant limitations for institutional players. According to the team, high minimum staking requirements, limited delegator capacity, and the operational complexity of managing multiple pools are key challenges that prevent large institutions from efficiently staking Toncoin at scale. Currently, they add, the Single Nominator contract requires a minimum of 300,000 TON, limiting accessibility for many institutions. Moreover, both staking models restrict the number of delegators and require manual management, resulting in higher transaction fees and reduced yields due to complex pool monitoring. Recognizing these limitations, Chorus One developed TON Pool, a solution specifically tailored for large-scale staking operations that eliminates inefficiencies and provides a more seamless staking experience. Key benefits of TON Pool Optimized potential yields: By consolidating stakes and reducing transaction fees, TON Pool can maximize potential yields for institutions and their clients. Unlimited delegators: Unlike traditional staking models that limit delegator capacity, TON Pool allows institutions to stake on behalf of an unlimited number of clients. Low minimum stake: With a minimum of just 10 TON (vs. 300,000 TON in other models), TON Pool makes staking accessible to a broader range of users. Effortless integration: Institutions can easily integrate TON Pool into their platforms, simplifying staking management and improving user experience. A simpler staking flow with TON Pool Compared to traditional staking models, TON Pool offers a much more streamlined staking process. Instead of requiring operators to create and manage multiple pools, TON Pool consolidates all staking into a single address. Customers delegate once, pay one transaction fee, and the platform handles all the technical complexities of distributing and managing the stake. “TON Pool is our response to the challenges institutions face when staking on the TON blockchain,” said Brian Fabian Crain, CEO of Chorus One. “We built this solution to remove unnecessary steps, lower costs, and provide a scalable option for institutions that require a higher degree of flexibility. TON Pool makes staking more accessible, which we believe is essential to driving the TON ecosystem forward.”
How Is the Price of Cryptocurrencies Determined, and What Factors Influence It?

How Is the Price of Cryptocurrencies Determined, and What Factors Influence It?

FXMAG Team FXMAG Team 31.10.2024 13:58
Sponsored Article     Have you ever wondered why the prices of cryptocurrencies fluctuate so often? Understanding what drives these cost movements is crucial whether you're a seasoned trader or just getting started. Unlike traditional assets, the prices are influenced by a unique set of factors. This article will help you understand how its cost is determined and the key elements that play a role in shaping their value.   Understanding the Price of Bitcoin  The price of Bitcoin today is shaped by the fundamental principle of supply and demand. Like most assets, when demand for Bitcoin rises, and supply remains limited, its cost increases. Conversely, the cost tends to fall if there is more supply than demand. Bitcoin's capped supply adds a layer of scarcity, making it more susceptible to cost swings as demand shifts. Bitcoin's price is also influenced by various external factors, such as market sentiment, economic policies, and even global events. Traders and investors must stay aware of these variables to predict future price movements better.   Market Sentiment and Its Role in Crypto Prices Market sentiment, or investors' attention, plays a significant role in determining the cost of cryptocurrencies. If the market is optimistic about a particular cryptocurrency, you'll often see a surge in demand, driving costs higher. Joyous news, such as the increased adoption of blockchain technology or major companies accepting cryptocurrency as payment, can contribute to this optimism. Conversely, negative news, like regulatory crackdowns or security breaches on exchanges, can decrease investor confidence, causing costs to drop. Staying up-to-date about the latest news and developments is essential for traders.   The Impact of Supply and Demand Dynamics The basic economic principle of supply and demand directly affects the cost of cryptocurrencies. Demand plays a critical role since most digital currencies, like Bitcoin, have a fixed supply. The cost rises when more people want to buy Bitcoin, but fewer coins are available for sale. If demand drops or more coins flood the market, prices decrease. In addition to Bitcoin's limited supply, other factors such as mining difficulty, halving events, or even technical issues within the blockchain can influence supply. Understanding how these dynamics affect supply can give traders an edge in predicting cost trends.   Influence of Regulatory Decisions and Policies Government regulations and policies affect the value of cryptocurrencies. A favourable regulatory environment, where governments support or recognise digital currencies, can drive prices up as it boosts investor confidence. Conversely, strict regulations or outright bans on cryptocurrencies in some countries can lead to sharp cost declines. For example, announcements of future regulations on crypto exchanges or discussions about taxation policies can cause volatility in the market. Traders need to stay updated on global regulatory news, as these changes can immediately impact cryptocurrency prices.   Technological Developments and Innovation The technology behind a cryptocurrency can also influence its cost. Innovations such as faster transaction speeds, lower fees, or improvements in blockchain security can increase the attractiveness of a particular cryptocurrency, thereby boosting its cost.   How to Stay Informed About Cryptocurrency Price Movements Consider using a reliable cryptocurrency exchange to stay informed about cryptocurrency price movements. These platforms provide real-time cost updates, market charts, and analytical tools to help you track the value of various cryptocurrencies.  A trusted exchange also offers notifications for significant cost changes and market trends, enabling you to make informed decisions quickly. Additionally, many exchanges provide educational resources and market insights, keeping you updated on the latest news, regulatory changes, and technological advancements in crypto. The price of Bitcoin today and other cryptocurrencies is shaped by various factors, including market sentiment, supply and demand, technological innovations, and regulatory decisions. Understanding these influences is crucial for anyone interested in crypto trading or investment. By staying informed and monitoring key factors, traders can navigate the market more effectively and anticipate cost movements more accurately.  
In-Depth Look at WhiteBIT: A Top-Tier Crypto Exchange in Europe

In-Depth Look at WhiteBIT: A Top-Tier Crypto Exchange in Europe

FXMAG Team FXMAG Team 29.10.2024 12:21
WhiteBIT is a growing European cryptocurrency exchange that stands out in the market due to innovative products, comprehensive investment tools, and a strong emphasis on security. The company offers a wide range of services for investors, traders, and blockchain enthusiasts.  If you're looking for a place to invest, trade, or secure your funds in the world of cryptocurrencies, WhiteBIT provides a broad array of products that help to maximize profits while ensuring high security standards. WhiteBIT: brief introduction WhiteBIT is one of the largest European centralized cryptocurrency exchanges (CEX). Established in 2018, it has quickly gained the bright spot in the sector, with 5 million daily users and a daily volume of $2.5 billion as of today. It was founded by the company’s CEO Volodymyr Nosov. Apart from cryptocurrency exchange, WhiteBIT takes over a complex ecosystem of technical features and products. The centerpiece of it is WhiteBIT Coin ($WBT) – a native token of WhiteBIT, owning of which opens a wide range of advantages – from commission discounts to free security checks. WhiteBIT is the official cryptocurrency partner of FC Barcelona, as well as Trabzonspor football club, TradingView, and other global companies. It is worth noting that WhiteBIT stands out by its robust security measures, as verified by CER.l WhiteBIT’s Security Compliance WhiteBIT prioritizes security, as evident in their dedicated Anti-Money Laundering (AML) Service.  This innovative service monitors and analyzes transactions on the platform to prevent money laundering and other illegal activities. As a result, WhiteBIT meets the highest international compliance standards, giving users confidence that their funds are secure.  The WhiteBIT AML Service automatically identifies suspicious transactions and verifies users’ identities according to KYC (Know Your Customer) requirements. This tool not only enhances the platform’s security but also builds trust with users, who can be assured that WhiteBIT will not tolerate any criminal activity. Key features and advantages of WhiteBIT Advanced AML tools and KYC compliance ensure transaction security and user data protection. Apart from AML, the company employs advanced security standards for the users, including address’ checks for malicious activity, two-factor authentication (2FA), and robust protection systems against hacking attacks. Trading fees of WhiteBIT WhiteBIT users can buy and sell cryptocurrency under one of the most favorable conditions in the market. The standard trading fee, i.e., the fee for trading on the Spot market, on the exchange varies for some pairs but does not exceed 0.1%.  Also, it’s worth noting that the fee for transactions on the Spot market for maker orders is charged in the currency the user receives, and for taker orders, in the currency they spend. For instance, the fee for a Market order to buy BTC/USDT is charged in USDT, while for a Limit order executed as a maker, — in BTC.  Moreover, all signed-up users who have verified their identity have access to flexible trading conditions and various opportunities to reduce their fees, specifically through: Having WBT in Owning or Holding; Participating in the Market Making Program; VIP status; Institutional trading. User-Friendly Trading Interface As A Priority   First look at WhiteBIT reveals its intuitive interface. It allows users to navigate through the services directly from the headout, while clear layout and minimalistic visualization facilitates the process of choosing the function you need.  The benefits of WhiteBIT’s smart interface unfold at the trading features.  First and foremost, the exchange allows you to convert the funds at one fell swoop, with no need to use a trading terminal. All a user has to do is to choose from a wide list of currencies and enter the needed amount.  What is more, WhiteBIT‘s trading terminal offers wide customisation options for its interface– from choosing between light and dark themes to changing the sizes and positions of the interface‘s elements. This can be done with an internal interface’s editor, which allows users to move and replace the elements of the terminal wherever they are comfortable with.  Moreover, the wide array of users’ trading data can further be analyzed in an analytical dashboard. In it, users will receive a detailed outlook on profit and loss, equity trend, and portfolio performance in any chronological order possible. Extra Income Options WhiteBIT’s competitive side is providing extensive opportunities for its customers to benefit from the company's services. From Launchpad to WhitePool, it allows for different variations of income. WhiteBIT Launchpad One of the standout features of WhiteBIT is the Launchpad, which presents a unique opportunity for investors to engage early in innovative blockchain projects. Acting as an intermediary, WhiteBIT facilitates funding for emerging blockchain companies, allowing users to invest in groundbreaking cryptocurrency solutions before they hit the mainstream market. The Launchpad offers tokens at promotional prices, enabling investors to capitalize on potential growth.  WhitePool In addition to the Launchpad, WhiteBIT offers a product called WhitePool – a mining pool that aggregates computing power from miners worldwide, providing a cost-effective alternative to solo mining. This SHA256-powered pool also offers 0% fee for receiving rewards, automatic balance updates, and 24/7 multilingual customer support, available in English, Ukrainian, Polish, Turkish, and other languages.    The effects of WhitePool have so far been prominent. Recently, WhitePool participants managed to mine 6 blocks in the Bitcoin Network in just 24 hours, collecting over 19 coins at a total value of $1.2 million in just 24 hours. This was followed by WhitePool’s hashrate surge in October, reaching the rate of over 7 EH/s and putting it in the top 15 global mining pools just months after launch.    It also offers special programs for VIP-clients, which provides lowered fees for using the pool, stable rewards for miners with powerful hardware, and other features that are soon to be announced.  How to Set Up an Account on WhiteBIT? Getting started with WhiteBIT is straightforward. To set up an account, simply visit the WhiteBIT website and follow the registration process. Users will need to provide some basic information and verify their identity to comply with regulatory standards via Know-Your-Customer (KYC) framework.  Once the account is set up, you can explore all the features WhiteBIT has to offer, including trading, investing in new projects through the Launchpad, and participating in WhitePool. For a detailed guide on account setup, refer to the instructions available on WhiteBIT.  
Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults

Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults

FXMAG Team FXMAG Team 26.10.2024 09:24
Tortola, British Virgin Island, October 25th, 2024, Chainwire   Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. As part of its recovery strategy, Aark Digital is offering a 15% bounty to the individual responsible, contingent upon the safe and complete return of the misappropriated assets. This bounty, amounting to 225,000 USDC, is intended to incentivize the return of the funds, and additional details are available on Arkham's bounty platform here. Should a full recovery not occur, Aark Digitial has indicated that it will announce a distribution plan to address the situation appropriately. The organization has set a deadline of 26th October 2024, 15:00 UTC, for the responsible party to respond, stating that it is prepared to pursue legal measures if the funds are not returned within this timeframe. Aark Digital is committed to keeping its community informed throughout this process, emphasizing its dedication to transparency and user security. Aark Digital will continue to release updates on the situation as they become available. About Aark Digital Aark Digital is a blockchain-focused project dedicated to providing secure, innovative solutions within the digital asset space. Committed to transparency and user security, Aark Digital leverages cutting-edge technology and industry best practices to safeguard assets and build trust within its community. Aark Digital aims to advance the growth and adoption of decentralized finance worldwide.
Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback

Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback

FXMAG Team FXMAG Team 25.10.2024 22:13
Miami, Florida, October 25th, 2024, Chainwire   Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG) blockchain game, has teamed up with the Hong Kong International Cricket Sixes as its official partner, marking the much-anticipated return of the tournament after a seven-year break. From November 1 to November 3, top international teams will face off in this fast-paced cricket format at the Tin Kwong Road Recreation Ground. The Cricket Sixes has been a celebrated event since its debut in 1992, with legendary players like Sachin Tendulkar, MS Dhoni, Shane Warne, and Sanath Jayasuriya gracing the field over the years.  Valhalla’s partnership with the Sixes reflects the synergy between competitive sports and the blockchain gaming world.  “We are thrilled to be part of the Hong Kong International Cricket Sixes. The excitement and energy of this iconic event resonate with our own commitment to innovation and community in gaming,” said Mr. Brown Whale, Valhalla's lead. “This collaboration allows us to engage with cricket fans and show how PlayToEarn gaming can elevate both entertainment and the spirit of competition.” The matches will be broadcast across multiple regions by Star Sports Network, and in India, viewers can catch the action on Fancode, one of the country’s largest sports OTT platforms. On the ground, key branding assets will include ground perimeter boards, mid wicket logo mats, and the presentation backdrop, ensuring strong visibility for both Valhalla and the Sixes event. This year’s tournament will feature 12 teams divided into four groups. In Group C, India, led by stars like Robin Uthappa and Kedar Jadhav, will face off against Pakistan and the UAE.  Group A includes South Africa, New Zealand, and host nation Hong Kong. Group B brings together Australia, England, and Nepal, while Sri Lanka, Bangladesh, and Oman make up Group D. The top two teams from each group will progress to the quarterfinals, with 29 matches set to take place over three action-packed days. About Hong Kong Sixes The Hong Kong Cricket Sixes is a six-a-side international cricket tournament held at the Kwong Road recreational ground from 1st to 3rd Nov. The 2024 edition will be conducted after a 7 year gap and 12 of the best cricketing nations will battle it out for top honors. Uses can learn more at www.hkcricket.org About Valhalla Valhalla is a blockchain-based MMORPG inspired by Norse mythology, offering players the chance to discover, tame, and battle with creatures called Veras. The game features a player-driven economy and a hexagonal battlefield designed for dynamic combat. Users can learn more at Valhalla.game.
Just2Trade launches debit cards for clients

Just2Trade launches debit cards for clients

FXMAG Team FXMAG Team 24.10.2024 07:47
Just2Trade is excited to launch a new service that allows its clients to open a Mastercard directly through their accounts. The card can be quickly added to Apple Pay and Google Pay, with top-ups just a click away. For full details, please refer to the terms and conditions on the Just2Trade website. Just2Trade is entering the neobanking industry, with the European market as its current priority. However, the service is also available to our clients in Asia, South America, Africa, and other regions. With more people than ever using online banking, and consumers seeking affordable, reliable, and faster payment solutions, neobanking has become one of the most attractive services, alongside brokerage activity.     Just2Trade has partnered with Kauri Finance, an EU-licensed blockchain bank, to provide traders with easier access to their funds. The new service will be available globally, with some regional restrictions. This tool simplifies the process for traders to transfer funds from their brokerage accounts to their cards. Just2Trade is continually developing intuitive products and services to enhance the comfort and convenience of clients.   “Partnering with Just2Trade is another step forward in developing the business. With extensive experience in payment solutions and industry expertise, there is confidence that the J2T Card will become a popular solution for traders, simplifying and enhancing their trading experience”.   About Just2Trade Lime Trading (CY) Ltd which owns "Just2Trade" trademark is a leading international investment company providing its clients with direct access to the major world stock and currency markets. The Company is subject to the oversight and legal framework of the European Union and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 281/15. Additionally, Lime Trading (CY) is a member of the Investor Compensation Fund.   About Kauri Finance Kauri Finance is a blockchain financial platform that keeps, transfers, and invests fiat money and cryptocurrencies, developed by Kauri One Inc. Customers can access all of their funds through bank cards and Web3 accounts.
Top Things to Understand When Investing in Foreign Markets

Top Things to Understand When Investing in Foreign Markets

FXMAG Team FXMAG Team 22.10.2024 08:22
Investing in a foreign market is a fantastic way to diversify your portfolio and discover opportunities in new and exciting markets. However, doing so comes with unique risks, such as varying laws and economies, that could make your investment journey more stressful than it needs to be.  Understanding certain things before investing in these markets can help you navigate things more easily and provide greater peace of mind when things don’t go as planned. Below, we’ve highlighted the most prominent things every investor looking into foreign markets should know.  Political Stability Although not often a serious factor to consider when investing in your home country, the political stability of a nation should be one of the first factors you look at when investing abroad. This is because any lapse in stability can have major implications on the value of your investment. Therefore, before investing abroad, do research into the government type of the nation you’ll be investing in. Also, look at things like when the next general elections will be (if it is a democratic society), how stable the current government is, and if any major political reforms are likely to occur over the term of your investment.  If anything is highlighted that could lead to governmental tensions, collapse, or upheaval, it may be best to invest in something else. Continuing to invest could be unnecessarily risky and return less than investing that money in casino games with payout rates of 96% and above. Economy The economy within a foreign territory is often tied closely to political stability. Changes in this economy are likely to have the largest effect on your investment and can lead to massive gains or even larger losses. To better understand the economy and its activity and output, do extensive research into its historical growth and predicted growth. This can often be based on the country’s GDP but can also be found in other public data. In addition to the GDP data, looking at inflation levels and trends over a few years and unemployment data will give you a better gauge of how the economy is growing or contracting. Understanding this can help you better understand what risk your investment may face.  Currency Risk Because foreign investment is commonly done in the local currency of the country you’re investing in, almost all investments carry currency risk. This risk relates to fluctuations in the country’s local currency and how these fluctuations can impact your investment. Should the exchange rate of the currency you’ve invested in suddenly experience higher-than-normal volatility, your investment could do exceptionally well or suddenly lose a large portion of its value. Therefore, understanding the factors that affect a specific currency can help ensure you invest in a lower-risk currency. To identify the factors that could impact currency, one should look at the policies set out by the country’s central bank, interest rate adjustments and predictions, and the country’s balance of trade. Political and economic stability also contribute significantly to currency risk and should be factored in. Geopolitical Risks Aside from internal risks (such as political and economic instability), many foreign countries may also offer unique geopolitical risks that could hinder your ability to grow your investment. Therefore, identifying and understanding these possible risks can help you steer clear of countries that could face problems in the near future. When looking for geopolitical risks, it is important to examine the international relationship between the country you want to invest in and others, particularly your own. While studying this relationship, it is also good to see what trade agreements countries may have with each other. More important than friendly agreements and treaties, however, is identifying any tensions or possible conflicts. These are often highlighted through sanctions imposed on a country or embargoes that try to limit trade. If any of these are present between the foreign country you’re looking at and another nation, it may be best to invest elsewhere.  Regulation If the above factors are suitable for investment and you’re ready to proceed, the next thing to understand is the regulation surrounding investing in the country. This varies from region to region, and what may be applicable in your home country may not be in another. Some of the most common regulatory restrictions involve how securities are regulated by the government. This includes understanding how and by whom enforcement of these regulations is undertaken. In addition, understanding what restrictions, incentives, financial reporting structures, and protection laws are in place for foreign investors is crucial. As all of these pertain to you as an investor, having a clear understanding of these things will help you understand the risks of your investment more clearly and also ensure you do things according to the law. Taxes Often bundled with regulation are taxation requirements, which are not only defined by the tax laws in the country you’re investing in but also by what tax laws may affect you at home based on having a foreign investment portfolio. Hiring a tax consultant trained in foreign investment may be best to ensure you correctly follow all applicable tax laws in both regions. If you prefer to do it yourself, it is vital to gain knowledge about any possible double taxation agreements between your country and the foreign one, what reporting requirements you may need to meet, and whether you have a foreign tax credit. In addition, find out if you will need to pay withholding taxes or capital gains tax on your investment and its returns in either the foreign country or your own. Failure to do this correctly could lead to trouble with regulatory agencies and significant fines for underdeclaration of income.  Conclusion Investing is not an exact science, regardless of where you choose to try to grow your capital. Investing in foreign markets, however, brings unique challenges. For this reason, understanding the factors above is critical if you’re thinking of making a foreign investment. These considerations will help you select the country best suited politically, economically, and geopolitically to your needs. It will also help you ensure you stay in line with the law and are able to make the best choices to streamline taxation and maximize your profits.  
FinTech360’s Unified Communication Hub Redefines Forex Broker Efficiency

FinTech360’s Unified Communication Hub Redefines Forex Broker Efficiency

FXMAG Team FXMAG Team 21.10.2024 08:34
With over a decade of expertise in the forex industry, FinTech360.com continues to set new benchmarks in B2B fintech solutions. Known for its innovation, FinTech360 has launched its cutting-edge Communication Hub, a revolutionary platform that transforms communication for forex brokers by providing a streamlined, centralized solution. This cloud-based CRM system improves interaction efficiency across various channels, including email, live chat, SMS, and messaging apps like WhatsApp and Telegram, making it an essential tool for brokers seeking to enhance their operational performance. FinTech360.com is positioning itself as the ultimate work management platform for the forex market, integrating essential tools for collaboration, communication, and productivity—all while ensuring the highest level of security and regulatory compliance. A Secure and Trusted Partner for Forex Brokers FinTech360’s Communication Hub offers forex brokers seamless control over multiple communication channels, from messaging apps to push notifications, all managed within a centralized dashboard. The platform enables easy tracking of client data, inquiries, and interactions, allowing brokers to provide better customer service in one secure location. “The launch of the Communication Hub aligns with the digital transformation in the forex industry. FinTech360 is at the forefront of this shift, helping businesses consolidate their operations for smoother, more secure communications,” said Aaron Bitter, CEO of FinTech360. “As we continue to innovate, we’re proud to serve as a trusted partner to forex brokers worldwide.” Security remains at the core of FinTech360’s offering. The Communication Hub safeguards client privacy by implementing an encrypted "click-to-email" feature, ensuring brokers can interact with customers without risking data breaches. Key Features of the Communication Hub for Forex Brokers Multichannel Communication: Manage emails, live chats, WhatsApp, Telegram, SMS, and push notifications from a single user interface. Unified Dashboard: All communication is streamlined in one place, helping brokers optimize customer interactions. Advanced Security: Protects customer contact information through encryption and secure communication triggers. Cost-Efficient Operations: By consolidating all communication efforts, the hub improves efficiency and reduces costs. Centralized CRM: Brokers can manage client communication from one central platform, improving back-office operations. Expanding FinTech360’s CRM Capabilities Beyond communication, FinTech360 offers an omnichannel CRM solution, giving forex brokers comprehensive control over all back-office operations. From KYC and AML compliance to handling payments through its payment gateway, FinTech360 allows brokers to accept payments globally via its network of over 250 providers. FinTech360’s Verification Center also plays a crucial role in assisting brokers with regulatory compliance, enabling seamless adherence to KYC, AML, and forex market regulations such as CySEC, ASIC, and the FSCA. FinTech360 CRM Features for Forex Brokers: Website CMS and Client Area: Create a custom website reflecting your brand, enhancing the user experience. Verification Center: Keep up with KYC and AML regulations while monitoring and optimizing sales calls. Sales-Focused CRM: Simplify your workflow with automated lead splitting and detailed sales tracking, improving client management. Communication Hub: Use multiple channels to engage with clients and track interactions in real-time. Affiliate Manager: Optimize your affiliate marketing efforts through real-time traffic monitoring and management tools. Full Suite Cashier: Process payments with over 300 integrated PSPs and APMs, supported by advanced risk management features. Web Trading Platform and Apps: Deliver seamless trading experiences with FinTech360’s web and mobile apps, integrated with MT4/MT5 for top-tier security. Business Intelligence (BI) Reports: Track every aspect of your business, from traffic to customer interactions, ensuring data-driven decisions. For more information about FinTech360 and its latest cross-device trading solutions, visit FinTech360.
Limited-Edition $DOG Plushies to Launch on October 19, 2024, Bridging Digital and Physical Collectibles

Limited-Edition $DOG Plushies to Launch on October 19, 2024, Bridging Digital and Physical Collectibles

FXMAG Team FXMAG Team 20.10.2024 11:11
Los Angeles, USA, October 19th, 2024, Chainwire   $DOG of Bitcoin announces the release of its limited-edition $DOG Plushie, set to launch on October 19, 2024, an occasion now being called "$DOGTOBER 19." These collectible plush toys provide fans and newcomers with a tangible connection to the $DOG ecosystem, bridging the digital world of cryptocurrency with a physical collectible designed for both enjoyment and community engagement. This exclusive collection, featuring 100,000 individually serialized plushies, will be available globally on launch day. Each plushie will wear one of three hoodie colors—Common, Uncommon, or Rare, each inspired by milestones in $DOG’s journey within the Bitcoin blockchain. This release aims to offer fans a unique, tangible keepsake while marking $DOG’s entry into physical products, a move that distinguishes it within the cryptocurrency landscape. In addition to being a collectible, the $DOG plushies come with exclusive benefits for holders. Owners will gain entry to the $DOG Millionaire Raffle, where they have the chance to win up to 10 million $DOG tokens, currently valued at over $100,000. The first 1,000 buyers will also receive a complimentary Ordinals Profile Picture (PFP) NFT. As part of its community-focused mission, $DOG of Bitcoin will donate 10% of plushie sales to children’s orphanages and dog shelters. The $DOG project, which launched after the activation of the Runes Protocol on Bitcoin, distinguishes itself through its fair distribution model, releasing all 100 billion tokens to holders of Runestone Ordinals NFTs. This upcoming plushie release further establishes $DOG's presence both on-chain and in the real world, reinforcing its commitment to innovation and community engagement within the Bitcoin space. Plushies will be shipped worldwide, allowing collectors and fans to connect with the $DOG brand wherever they are. For further information about the $DOGTOBER 19 launch and to purchase, visit the official $DOG shop. For the latest updates, users can follow $DOG of Bitcoin on X. About $DOG of Bitcoin $DOG of Bitcoin is a pioneering meme coin project launched on the Bitcoin blockchain following the activation of the Runes Protocol. The project is designed with a strong commitment to fairness and decentralization, distributing its entire supply of 100 billion $DOG tokens to holders of Runestone Ordinals NFTs. As the first meme coin to establish itself on the Bitcoin network, $DOG of Bitcoin aims to foster a community-driven ecosystem that celebrates Bitcoin’s principles while engaging fans through unique initiatives. With its innovative distribution model and community-focused values, $DOG of Bitcoin is setting new standards within the meme coin space, offering both digital and physical connections to its growing community. For more information, users can visit https://dogofbitcoin.com.
$KERORO Hits Solana With A Seismic Shift Expected

$KERORO Hits Solana With A Seismic Shift Expected

FXMAG Team FXMAG Team 19.10.2024 20:12
Newcastle upon Tyne, United Kingdom, October 18th, 2024, Chainwire   Today marks the official launch of KERORO, a new meme coin built on the Solana blockchain, which has debuted with a market cap of $4.5 million. Positioned within the meme coin market, KERORO draws on Solana’s high-speed, low-cost transaction capabilities to establish itself as a community-driven project. KERORO's Vision and Mission KERORO, inspired by the iconic character known for its charm and cultural impact, brings a fresh, vibrant energy to the cryptocurrency world. With its roots firmly planted in the Solana blockchain, known for its high performance and efficiency, KURORO is not just a coin; it's a cultural phenomenon that promises to redefine the meme coin narrative. Key Features of KERORO Community-Driven: At the heart of KERORO is a vibrant community that believes in the power of unity and fun. The project is designed to bring people together, fostering a sense of belonging and participation. Innovative Technology: Leveraging Solana's high throughput and low transaction costs, KERORO ensures that every transaction is swift, secure, and cost-effective. This technological edge positions KURORO as a leader in the meme coin space. Cultural Resonance: KERORO taps into a rich vein of internet culture, resonating with a new generation of investors who value creativity, humor, and community over traditional financial metrics. Market Performance and Expectations Since its launch, KERORO has seen an enthusiastic response, with its market cap quickly soaring to $4.5 million. The KERORO team expects that KERORO's market cap could increase in the coming weeks due to its growing popularity and the unique dynamics of meme coin markets. Trading Information KEROROis available for trading on major Solana-based exchanges such as Jupiter, Bullx, and Raydium. Users interested in the project can trade KERORO and join the community through its social media channels and online platforms KERORO's Telegram: https://t.me/kerorocult KERORO's X: https://x.com/kerorocult Contract Address: 2Z6TocWzKtddxVe9kxCB3j3A339Z6CDiut5k3a9Apump About KERORO KERORO is more than just a meme coin; it's a celebration of community, creativity, and the spirit of the internet. Built on Solana, KERORO aims to bring joy and opportunity to all its holders, proving that finance can be both serious business and serious fun. Contact:https://visionary-marketing.co.uk
Ape On Launches Innovative Token Locking for Secure Project Launches on Solana

Ape On Launches Innovative Token Locking for Secure Project Launches on Solana

FXMAG Team FXMAG Team 19.10.2024 20:08
Majuro, Marshall Island, October 18th, 2024, Chainwire   Ape On, the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock, Ape On is designed to provide unmatched security and transparency, making it the best and safest way to launch and buy tokens in the crypto space. Token Locking for Enhanced Transparency Ape On offers a revolutionary token locking mechanism that allows project creators to lock their tokens for a designated period, ensuring that investors are protected from early token dumps. This powerful feature builds long-term trust between creators and the community, making Ape On the safest platform for investors to participate in early-stage projects. With token locking, investors can confidently engage in projects knowing their investments are secure. "As the most trusted platform for launching and buying tokens, Ape On sets a new standard in the Solana ecosystem,” said Joe George, CMO of Ape On. “Our token locking feature guarantees that creators are committed, while investors have the peace of mind that their assets are protected from potential market manipulation.” Addressing Solana’s DeFi Needs As DeFi continues to evolve, Solana's low transaction fees and high-speed processing make it an ideal environment for innovative platforms like Ape On. However, despite its technical strengths, Solana's ecosystem needs secure, transparent investment methods to encourage long-term participation and project stability. Ape On’s token lock and transparent launch process fill this gap by promoting fairness and trust in the growing Solana ecosystem. “Ape On is more than just a token launchpad—it’s a secure, community-driven platform that ensures both creators and investors are protected,,” George added. “We’re proud to be the safest and best place to launch and buy tokens in the entire crypto market.” Additional Platform Features Badge System for Transparency: Ape On introduces a badge system that provides clear project status updates, offering investors easy-to-understand indicators for assessing a project's reliability. Influencer and Creator Rewards: Ape On also incentivizes influencers and creators, sharing 20% of liquidity provider rewards with influencers who help onboard users to the platform, and 10% with token creators. Cost-Effective and Fast Launches: With Solana’s low transaction costs, Ape On makes launching tokens fast and affordable for creators, ensuring a smooth deployment process within seconds. Mainnet Launch on 20th October Ape On is set to go live on mainnet on October 20th, with RPC infrastructure powered by Heliuslabs, locked and ready for the big day. The platform's debut on mainnet marks the beginning of a new chapter in secure token launches on Solana. About Ape On Ape On is a next-generation platform on the Solana blockchain, offering the best and safest way to launch and buy tokens. With its Jupiter-powered token locking mechanism, Ape On provides security and transparency, setting the gold standard for token launches in DeFi. By focusing on long-term stability and community trust, Ape On fosters growth in the crypto ecosystem. For more information, users can visit Ape On or follow Ape on on Twitter
Polimec Announces Integration with Banxa, Simplifying Web3 Fundraising on Polkadot with Fiat Payments

Polimec Announces Integration with Banxa, Simplifying Web3 Fundraising on Polkadot with Fiat Payments

FXMAG Team FXMAG Team 19.10.2024 20:06
Zug, Switzerland, October 18th, 2024, Chainwire   Polimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web3 fundraising. What’s New? Through Banxa’s integration, Polimec users can instantly convert fiat currencies, such as USD and EUR, into tokens like USDT, USDC, and DOT, which can be used to invest in blockchain fundraises. This development is a major step in bridging the gap between traditional finance (Web2) and decentralized finance (Web3), providing seamless access to Web3 investment opportunities. Why This Matters Polimec is designed to facilitate secure, compliant, and transparent capital raises in the dynamic Web3 space. The growing demand for compliant and transparent fundraising mechanisms makes this integration particularly timely and important. By incorporating Banxa’s fiat-to-crypto gateway, Polimec significantly lowers the barriers to entry for Web3 fundraising. The integration enables both crypto veterans and newcomers to participate in blockchain fundraises using familiar fiat currencies, such as USD and EUR, removing the need for complex conversions. “This partnership with Banxa enhances Polimec’s mission to streamline Web3 fundraising,” said Flavio Bianchi, Foundation Council at Polimec. “By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding process more inclusive, allowing for broader participation and creating new opportunities for all types of investors.” How It Works Participating in Polimec fundraises is straightforward: Step 1: Select Banxa as the preferred payment method. Step 2: Pay with a fiat currency, such as USD or EUR, using a credit card. Step 3: Instantly receive participation tokens in the investor’s crypto wallet. This simplified process allows users to engage in blockchain projects without the need to navigate complicated crypto conversions, making the experience more accessible and user-friendly. What’s Next? This collaboration marks another milestone in Polimec’s ongoing effort to improve user experience and accessibility. Polimec is actively working on additional features to further streamline the investment process and enhance the capabilities of the Polimec Protocol. With Banxa now integrated, Polimec is advancing toward its goal of making multichain Web3 investments more accessible on a global scale. About Polimec Polimec is a permissionless fundraising infrastructure protocol providing an automated framework for projects to raise funds within a broad and diverse investor base with transparent and fair access for all. The protocol allows access to fundraising and governs the issuance, distribution, and conversion of tokens to mainnet.
Wiki Finance Expo Dubai 2024 will be held on Nov 27th!

Wiki Finance Expo Dubai 2024 will be held on Nov 27th!

FXMAG Team FXMAG Team 14.10.2024 11:09
FinTech, Forex, Crypto, Web 3.0, Metaverse, ESG and AI Will Be in Focus. Taking place on Nov 27, 2024, Wiki Finance Expo Dubai 2024 is one of the largest and most influential FinTech and Web3.0 events in Asia in 2024. A free and must-attend affair for fintech providers, blockchain developers, project owners, start-ups, funds/VCs, investors, crypto traders, forex traders and brokers, affiliates and IBs.   Participation is Free Register to get your ticket for free: https://www.wikiexpo.com/Dubai/2024/en/index.html?c=MtwvZUMs The ticket has included: Access to the expo and conference for free. Access to the networking area with delicious food, refreshments, tea coffee and fruits, etc for free.   500+ Global Partners in FinTech & Web3.0, Discovering the Future of FinTech Participated by 3000+ outstanding companies, 200+ media, 30+ sponsors, and 3,000+ attendees in the fintech, forex, Web3.0, crypto, Metaverse, ESG and AI, Wiki Finance Expo, Dubai 2024 has promised to bring a rewarding summit for the industry.   Previous Speakers Dominic Williams, Founder & Chief Scientist, DFINITY Foundation Evan Auyang Chi-chun, Group President, Animoca Brands Justin Sun, Founder - TRON, Member - HTX Global Advisory Board Jun Du, Founder, SINOHOPE & ABCDE Capital Alvin Hu, Managing Director, Head of Key Account, KuCoin Exchange Kevin Lee, CEO, Gate.HK John Patrick Mullin, Co-Founder, MANTRA Prof Li Wenzheng, IEEE China Council Executive Director / Chairman of IEEE Industrial Cooperation and Innovation Committee, Beijing University of Technology Weronika Marciniak, CEO, Future is meta Daniel So, Business Development Director, Worldpay Emomotimi Agama, Fellow, U.S. SEC & IFC - Milken Institute, Managing Director, Nigeria SEC/NCMI Loretta Joseph, Policy Consultant, The Commonwealth, Chairman, ADFSAC Dr. Florian M Spiegl, Appointed Member, (HK) SFC - FinTech Advisory Group, Founder & CEO, EVIDENT, Lecturer, HKU - Faculty of Business and Economics Sandeep Sethi, Co-chair, GreenTech and ESG Committee, Fintech Association of Dubai Jonathan Gill, Senior Tokenisation Director and Legal Advisor, HashKey Group Stratos Pourzitakis, PhD, Head of Digital Policy APAC, HSBC Bugra Celik, Director, Digital Assets | Global Private Banking & Wealth, HSBC Gilbert Ng, Director, The Association of Blockchain Compliance Professionals   These guests will bring their profound insights and cutting-edge ideas in the fields of financial technology and WEB3.0, engaging with the audience to discuss and share the latest developments and future trends of the industry.     Don't Miss Out This is not just an event; it's the epitome of Asia's leading Fintech, Blockchain, Web3.0, Crypto & Forex trading, Metaverse, and AI gatherings, an unparalleled opportunity for networking, learning, and business growth, taking a step toward a safer and more prosperous financial future. And don't forget to spread the word.  See you there!  
Pushing Into a New Age for Digital Advertising - Alkimi Secures Top Exec in NED Role

Pushing Into a New Age for Digital Advertising - Alkimi Secures Top Exec in NED Role

FXMAG Team FXMAG Team 04.10.2024 07:49
London, United Kingdom, October 2nd, 2024, FinanceWire Robert Bradley jumps on board the future of advertising UK-based Alkimi, the world's first decentralised ad exchange, is excited to announce the appointment of Robert Bradley as Non-Executive Director. Robert brings over 20 years of experience in the media industry, working for the biggest media brands, and leading digital innovation, commercial strategy, and ad tech operations, driving significant revenue growth across global markets. As an advisor at Alkimi, Robert will leverage his extensive background in digital ecosystems, ad technology, and international commercial strategy to help scale Alkimi's platform, bringing innovative solutions to the forefront of the advertising industry. "Robert's unparalleled expertise in the media sector, particularly in digital strategy and revenue growth, aligns perfectly with Alkimi's vision of disrupting traditional advertising. At our core, we truly believe in addressing transparency at an industry level, reducing fees whilst gaining efficiency and working our way towards net zero emissions. Robert is the perfect fit to help move mountains with us and we are thrilled to have him on board as we continue to scale and innovate." said Ben Putley, CEO & Co-Founder of Alkimi. Bradley's career has spanned key leadership roles at News Corp, IDG, CNN International Commercial (CNNIC). His current role as the Senior VP at CNNIC / Warner Bros. Discovery, Inc. where he spearheads commercial digital transformation and revenue growth across key digital assets. Alongside managing strategic partnerships across APAC, LATAM, and EMEA regions, he also has experience in managing multi-platform brand partnerships and ad sales, positioning him uniquely to guide Alkimi in its next phase of growth. Having followed the highly motivated nimble team for several years, Bradley has been impressed by the meteoric rise, taking note of Alkimi's transparency and low fees. "Alkimi is at the cutting edge of the advertising industry, and I'm excited to be part of a team that's revolutionizing how brands connect with audiences in a way that's transparent, efficient and in a way media owners can benefit. I look forward to contributing to the company's strategic direction and helping it achieve its ambitious goals," said Robert Bradley, Non-Executive Director at Alkimi.  Bradley's breadth of experience in AdTech and programmatic advertising gives him unique insights, built from years of practical, hands-on senior roles within the ecosystem. Alkimi is not only a natural fit for Bradley, but the company will also benefit from his wealth of knowledge and leadership as it continues to expand its offerings, solidifying its position as a trailblazer in decentralised ad technology. Bradley will be making his first live panel appearance with Alkimi at Zebu Live in October. About Alkimi Alkimi is a decentralised replacement to the inefficient legacy programmatic ad exchanges with the mission to restore the value exchange between advertisers, publishers and users. Alkimi is a custom layer 2 scaling solution on the Ethereum network, specifically for advertising — which allows us to provide the fastest, infinitely scalable solution with 0% fraud, low transaction fees and complete end-to-end transparency. About Robert Bradley  Rob joins Alkimi, as a NED, to share his vast background of leading processes related to the digital ecosystem for Web2 companies, such as CNN and Warner Bros Discovery. He is eager to sustain innovation and monetisation of new products, leading ad tech, commercial strategy, TV and digital operations. He has two decades of professional experience, including 6+ years as Senior Vice President at Warner Bros Discovery where he oversees Warner One's commercial Strategy and Revenue. Prior to his current role Rob led commercial partnerships for CNNIC across the UK, US, and Nordics alongside overseeing international digital monetisation, ad operations and innovation. Rob's illustrious career also includes stints at News Corp, OPW and IDG where he was the Head of Programmatic.  
Beyond Trading: Crypto Platforms Like XBO.com Introduce Features for Passive Income

Beyond Trading: Crypto Platforms Like XBO.com Introduce Features for Passive Income

FXMAG Team FXMAG Team 01.10.2024 12:30
Yield Generation Brings Crypto Exchanges Closer to Replacing Traditional Banks "Will crypto platforms ever replace traditional financial services?" This question is increasingly appearing in both clickbait articles and serious expert discussions. A few years ago, the answer seemed clear—how could an innovative financial system compete with the centuries-old banking juggernaut? However, with 1.7 billion people lacking access to banking services, blockchain technology offers a solution for moving funds locally and globally. Some crypto ecosystems now provide full-fledged financial transfers and investment services, rivaling traditional banks in convenience and efficiency. Banking is more than just transferring funds; it also involves deposit operations that yield interest for clients. Recently, leading crypto platforms have ventured into this territory, offering users the ability to earn interest on their crypto holdings. Time to Earn: Crypto Platforms Introduce Interest Generation While it might seem that interest-earning features are the domain of large cryptocurrency exchanges, up-and-coming platforms are currently leading in terms of annual percentage rate (APR), convenience, and overall earning conditions. Take XBO.com, for example. This young yet highly promising crypto exchange platform has recently made waves by combining user-friendliness with high professionalism. XBO.com has recently introduced the Earn feature. Previously focused on high-quality crypto exchange and spot trading services, the platform expanded its functionality to offer clients effective means for generating passive income. Given the conditions offered by XBO.com, this decision has been spot on. XBO.com Leading the Interest Earning Race One of the most notable aspects of XBO.com’s Earn feature is the APR offered—up to 15%. With most established cryptocurrency platforms offering around 10% or less, this high rate sets XBO.com apart. Additionally, the selection of coins available for earning interest is worth mentioning. As of now, it includes BTC, ETH, USDT, USDC, and SOL. Although this list may seem short, it aligns with XBO.com’s philosophy: simplicity over complexity. By offering a curated selection of the most promising cryptos, the platform provides unique market opportunities for interest earning. These features, along with perks like daily interest accumulation and flexible interest-earning timeframes (1, 3, or 12 months), make XBO.com stand out from its competitors, catering to even the most demanding clients. Ensuring Liquidity via Partnership with B2C2 For a young platform, launching a crypto interest project is challenging. Without a reliable partner, success is unlikely. XBO.com found such a partner in B2C2. B2C2 is renowned as one of the leading providers of liquidity in the cryptocurrency market. The company offers deep liquidity to a wide range of clients, including financial institutions, hedge funds, and other major market participants. Through its partnership with B2C2, XBO.com leverages this expertise to implement the Earn feature at the highest level. B2C2’s ability to provide liquidity ensures that XBO.com can offer attractive interest rates and timely interest payments, creating a win-win situation. This enhances XBO.com's service offerings and extends B2C2’s market presence. One Step Closer to Replacing Banks Despite the introduction of the Earn product, XBO.com and other crypto platforms are still far from traditional banks in terms of functionality and trust. It will take time to bridge this gap. However, young and ambitious crypto platforms are undoubtedly bringing that moment closer. While established crypto giants rest on their laurels, platforms like XBO.com—young, passionate, and innovative—drive the industry forward, continuously seeking ways to improve. As long as they exist, the crypto realm will continue to evolve. Follow Xbo.com’s social media to stay up date in the world of Crypto: https://linktr.ee/social_xbo   
Belgian oligarch Shukhrat Ibragimov expands partnership with Kenes Rakishev in joint acquisition of Shubarkol Premium coal mine

Belgian oligarch Shukhrat Ibragimov expands partnership with Kenes Rakishev in joint acquisition of Shubarkol Premium coal mine

FXMAG Team FXMAG Team 30.09.2024 15:17
Sponsored article Shukhrat Ibragimov and the controversial oligarch Kenes Rakishev have acquired a major Kazakh coal mine. A filing on the Kazakhstan Stock Exchange (KASE) revealed that Shukhrat Ibragimov and Rakishev became joint owners of Shubarkol Premium coal mine on September 13, 2024, following the sale of fellow oligarch Timur Kulibayev's 67% stake in the business.  The other shareholders – FCI Management LLP, which held 16.5% and Trans Coal Investment Group LLP, also holding 16.5% - have also given up their respective stakes. Ibragimov is the son of Eurasian Resources Group (ERG) founder Alijan Ibragimov, who died in 2001. Shukhrat took over his father’s position on the mining company’s Board and recently became the chairman. His elevation to ERG chairman was reportedly helped by Rakishev, whose father-in-law Imangali Tasmagambetov is a powerful figure in Kazakh politics. Rakishev is known for his questionable associations, including with Ramzan Kadyrov, the authoritarian Kremlin-backed leader of Chechnya, whose militia participated in Putin’s invasion of Ukraine. Rakishev has also struck up a close friendship with US President Joe Biden’s convicted son Hunter, who he described as ‘my brother from another mother!’. Rakishev has frequently been mentioned in investigations into alleged influence peddling by Hunter Bid. Shubarkol Premium, located in Karaganda, was established in 2017 and specialises in extracting long-flame coal ("grade D") for both domestic and international markets. The company has significantly increased its production, reaching over 3 million tons in 2022, compared to 801,000 tons in 2016. However, Shubarkol Premium has faced criticism in recent years amid allegations that it prioritises international buyers, particularly from China, over domestic consumers. Reports suggest that local residents in Karaganda have been charged exorbitant prices for coal, comparable to gold prices. The business venture marks Ibragimov and Rakishev’s second business partnership. In 2023, Monaco-resident Ibragimov invested $23 million in Rakishev-owned Borealis Foosd Inc., a Canadian ramen and noodle business whose backers include celebrity chef Gordon Ramsay. However, the investment, made via Ibragimov’s BVI-incorporated company Belphar Ltd, has failed to help the struggling business. In May 2024, the company reported earnings per share of -49 cents and has adjusted its expansion plans to ease the company’s financial pressures. Borealis has also embarked on a stock buyback programme. The acquisition of Shubarkol is the latest in a flurry of new ventures for the businessman. The Financial Times reported earlier this year that in February 2023 Ibragimov became the owner of Forte Village, a luxury resort on the island of Sardinia, after the previous owner, Russian businessman Musa Bazhaev, was sanctioned by the European Union. Kazakh businessman Rakishev operates in a number industries via his holding group Fincraft Group LLP, through which he controls 78.85% of Fincraft Resources JSC and BTA Bank. In addition to Kazakhstan, the group operates in the United States, Ukraine, the UK, Russia, Cyprus and the Seychelles.  
5000+ Forex Companies attending Forex Expo Dubai 2024

5000+ Forex Companies attending Forex Expo Dubai 2024

FXMAG Team FXMAG Team 19.09.2024 14:33
Dubai, UAE – Largest Gathering with 20000+ Visitors and 200+ Exhibitors marking it as one of the largest Expo in the world with just 2 Weeks remaining the excitement is building to date. Forex Expo Dubai 2024 will bring together Top Industry Leaders, renowned guest speakers, and a myriad of experiences designed to engage and inspire attendees.   Sponsors Leading the Way Forex Expo Dubai 2024 is backed by some of the most influential names in the trading industry. These sponsors are not only industry leaders but pioneers who are driving innovation and setting new standards in online trading. Attendees can look forward to exploring the latest in trading technology, platforms, and services from these esteemed companies. Testimonials from Our Sponsors: Ammar Bader, Head of Sales at ADSS“Forex Expo Dubai is always a highlight in our calendar. It offers the perfect opportunity to meet with other industry leaders, and most importantly, build connections with our trader audience in person”    Pavel Spirin, Chief Executive Officer at Scope Markets“Forex Expo Dubai 2024 is the highlight of our events roadmap this year. We're excited to join fellow industry leaders and showcase our new brand and latest products. The expo is a perfect venue for us to grow our professional network and provide expertise to the wider industry community. We look forward to the wealth of opportunities and the dynamic atmosphere and this event delivers."    Commercial Manager Moe Padhani at Infinox“Forex Expo Dubai 2024 is one of our flagship events in the calendar. We have been long-time supporters of the event; it brings together some of the industry-leading professionals as well as our clients and partners from around the world. The speaker's panels come at just the right time, as the year starts to draw to a close and we can reflect on the year that has passed and the opportunities in the next. Not to mention, Dubai is the perfect playground!” Team Kanak Capital Markets“We at Kanak Capital Markets are delighted to participate as an Elite partner at the Forex Expo 2024. This event aligns perfectly with our mission to empower all our retail investors and the associated partners with the right resources to make an informed decision and a seamless experience. We anticipate this opportunity to connect, collaborate, and explore new avenues in the financial markets.”   A Stellar Lineup of Guest Speakers This year’s expo features an extraordinary roster of guest speakers, each offering unique insights and expertise from across the financial spectrum. Attendees will have the opportunity to learn from the best through keynote speeches, and panel discussions. Among the distinguished speakers are: Javier Hertfelder, Co-Chief Executive Officer, FXStreet Damian Hitchen, Chief Executive Officer MENA, Saxo Bank Rauan Khassan, Vice President, International Growth, TradingView Naeem Aslam, CIO | Columnist, Zaye Capital Markets | Nasdaq Gerald Perez, Chief Executive Officer, Interactive Brokers (U.K.) Limited Viktoria S, Chief Executive Officer, PSP Angels Ltd  Evdokia Pitsillidou, Partner | Risk & Compliance Director, Salvus funds. 2 Days Packed with Unforgettable Experiences This year’s expo will be a hub of activity, offering something for everyone—from seasoned professionals to those new to the trading world. The event is designed to foster connections, inspire innovation, and provide valuable insights into the future of online trading. What’s New at Forex Expo Dubai?  Celebrating Women in Forex  B2B Zone and Lounge Bigger Exhibition Floor  Exciting Games and Activities Giveaway of an F1 Formula Ticket Register Here:Link: https://bit.ly/3MtkWwS About Forex Expo Dubai 2024 Forex Expo Dubai 2024 is the premier event for the global trading community, offering a platform for industry leaders, investors, and professionals to connect, learn, and explore the latest trends in online trading. With a focus on innovation, education, and networking, Forex Expo Dubai is where the future of trading comes to life.  
The Future of Digital Banking: How Neobanks Are Reshaping Finance

The Future of Digital Banking: How Neobanks Are Reshaping Finance

FXMAG Team FXMAG Team 19.09.2024 13:02
Neobanks or “challenger banks” have emerged as formidable challengers to traditional banking institutions. These digital-first banks have captivated customers with their user-friendly interfaces and innovative services. As the financial landscape continues to shift, what's next for these digital disruptors? In the last 10 years, we have witnessed their meteoric rise and the challenges they now face. Let's dive into the future of neobanks and explore how they're adapting to stay ahead in an increasingly competitive market.   The Rise of Superapps One of the most intriguing developments in the digital banking sphere is the emergence of superapps. These all-in-one platforms are redefining how we interact with digital services, blending financial products with everyday activities like messaging, shopping, and entertainment. Take Kakao Bank, for instance. This South Korean neobank leveraged its parent company's massive user base to achieve unprecedented growth. Within just six months of launch, Kakao Bank amassed 1 million users, and by 2020, that number had skyrocketed to 13 million. Here's a quick look at Kakao Bank's remarkable growth: This rapid expansion wasn't just about user numbers. Kakao Bank turned profitable within 18 months, a feat that many neobanks are still struggling to achieve.   The Power of Integration Another superapp making waves is Grab, a Southeast Asian giant that started as a ride-hailing service. Grab's approach to financial services is particularly noteworthy. Rather than creating a standalone banking app, they've woven financial capabilities into their existing ecosystem. As one fintech analyst put it, "Grab isn't trying to be a universal bank. They're using financial capabilities to enhance the ecosystem they've already built." This strategy has allowed Grab to offer seamless financial services across their platform, from ride payments to food delivery. It's a model that traditional neobanks might need to consider as they expand their own product offerings. The AI Revolution Artificial Intelligence (AI) is set to play a pivotal role in the future of neobanks. We're already seeing glimpses of this with chatbots and virtual assistants, but the potential goes far beyond customer service. Klarna, the Buy Now, Pay Later specialist, has been leading the charge with its AI-powered virtual assistant. Since its launch, this assistant has handled an impressive two million conversations, managing two-thirds of all customer service chats. Similarly, Bunq, a European neobank, has introduced an AI assistant named Finn. This digital helper has answered over 100,000 customer questions, resolving up to 40% of user support queries. But the real game-changer could be the development of fully AI-driven banking platforms. Imagine a bank where AI handles everything from risk assessment to product recommendations, all in real-time and with unprecedented accuracy. As one industry insider told me, "We're looking at a future where every customer could have a bespoke banking experience, tailored to their unique financial situation and goals." The Road Ahead The neobank landscape is evolving rapidly, and staying ahead will require constant innovation. As traditional banks catch up in the digital realm, neobanks will need to find new ways to differentiate themselves. Some, like Revolut, are aiming to become "all-in-one superapps" by adding features like eSIMs and travel experiences. Others are exploring targeted advertising propositions, suggesting a move towards more diverse revenue streams. Consultancy firm Elsewhen suggests that neobanks should consider the digital strategies of superapps, particularly in creating integrated banking experiences and managing complex multi-product environments within limited app real estate. As we look to the future, it's clear that the most successful neobanks will be those that can adapt quickly, embrace new technologies, and continue to put the customer experience at the heart of everything they do. The neobank revolution is far from over. In fact, it's only just beginning. As these digital disruptors continue to evolve, they're not just changing banking - they're reshaping the very fabric of our digital lives. The next chapter in this story promises to be even more exciting than the last.
Next-Level AML: XBO.com Integrates Elliptic’s Compliance Solution

Next-Level AML: XBO.com Integrates Elliptic’s Compliance Solution

FXMAG Team FXMAG Team 17.09.2024 08:30
Compliance being a pressing issue, crypto players like XBO.com seek partnerships with top AML solution providers In the rapidly evolving cryptocurrency landscape, platforms like XBO.com, a leading B2C crypto service, are at the forefront of ensuring secure and compliant trading environments. As the crypto market matures, the "Wild West" days of unregulated financial flows are giving way to a new era where compliance and transparency are paramount. XBO.com is setting the standard by integrating cutting-edge Anti-Money Laundering (AML) solutions to protect its users and foster trust in the digital finance ecosystem. XBO.com recognizes the importance of regulatory compliance in today's crypto market. To maintain its position as a trusted crypto service, XBO.com has adopted robust AML measures that not only ensure legal operations but also build confidence among users and investors, especially those new to the world of digital currencies.   AML and Compliance: Cornerstones of XBO.com's Strategy As a comprehensive crypto service, XBO.com understands that adherence to AML regulations is essential for the long-term success of any crypto platform. Compliance helps prevent illegal activities such as money laundering, which can undermine the credibility of the entire financial ecosystem. XBO.com is committed to upholding the highest standards of legal compliance, which is crucial for maintaining its reputation as a trustworthy platform in the eyes of both regulators and users. For crypto exchanges like XBO.com, implementing strong AML policies is not just about meeting regulatory requirements—it's about safeguarding the entire crypto market from exploitation by bad actors. By ensuring full compliance with global and local regulations, XBO.com reinforces its commitment to transparency and user protection, making it a go-to platform for both seasoned and novice crypto enthusiasts. XBO.com: A Model of Compliance and User-Centric Innovation While many crypto platforms strive to meet legal requirements, XBO.com goes above and beyond by actively seeking out partnerships with industry leaders in compliance technology. This proactive approach ensures that XBO.com remains at the cutting edge of security and user protection. Emerging as a leader in the crypto exchange sector, XBO.com offers a user-friendly and innovative platform that has evolved into a full-fledged crypto ecosystem. XBO.com is not just a trading platform; it is a comprehensive service where users can access a wide range of features, from spot trading to earning interest on digital assets. The platform's intuitive design and commitment to accessibility are encapsulated in its motto: "Crypto. Made for everyone." This philosophy, combined with rigorous compliance measures, sets XBO.com apart in a highly competitive market. Elevating AML Standards: XBO.com Partners with Elliptic In its quest to achieve the highest standards of compliance, XBO.com has partnered with Elliptic, a globally recognized leader in AML and compliance technology for the crypto industry. This strategic alliance highlights XBO.com’s unwavering dedication to lawfulness and user safety. By leveraging Elliptic's advanced blockchain analytics, XBO.com can detect and prevent illicit activities, ensuring that all transactions on the platform are secure and compliant with global standards. Elliptic provides a comprehensive suite of services that enhance XBO.com’s ability to monitor transactions and identify potential risks. From Wallet Screening and Transaction Monitoring to Crypto Investigations, Elliptic's tools empower XBO.com to maintain the highest levels of compliance and user protection. This partnership not only strengthens XBO.com's security infrastructure but also positions the platform as a leader in the fight against money laundering and other financial crimes. Maximizing User Benefits Through Strategic Partnerships By integrating Elliptic's state-of-the-art AML solutions, XBO.com offers its users an unparalleled level of security and compliance from the moment they join the platform. This collaboration allows XBO.com to implement cutting-edge tools without the delays associated with developing an in-house system, ensuring that users benefit from the highest standards of protection and trust. XBO.com's decision to partner with an industry leader like Elliptic underscores its commitment to providing a secure and compliant trading environment. This move not only enhances user trust but also solidifies XBO.com's reputation as a responsible and forward-thinking crypto service. Building Trust and Transparency in the Crypto Industry As the cryptocurrency industry continues to evolve, partnerships like the one between XBO.com and Elliptic are essential for advancing regulatory standards and building trust among users and the broader public. XBO.com is leading by example, showing that a commitment to compliance and transparency is key to the future success of the crypto market. By prioritizing legal standards and integrating the best available technologies, XBO.com is setting a benchmark for other crypto platforms to follow. This dedication to legality and transparency will contribute to a safer and more reliable future for all users in the cryptocurrency space. As the industry matures, XBO.com's partnership with Elliptic will play a crucial role in ensuring that the platform remains a trusted and secure environment for all its users, ultimately helping to shape the future of digital finance.
VT Markets - Is It Worth Opening an Account with This Broker? Analysis and Overview of the Offer, Costs, Fees, and Full Service Offering

VT Markets - Is It Worth Opening an Account with This Broker? Analysis and Overview of the Offer, Costs, Fees, and Full Service Offering

FXMAG Team FXMAG Team 13.09.2024 13:07
In this article, we will take a closer look at VT Markets, analyzing its offerings, trading conditions, and available investment tools. We will also discuss legal regulations, fees, and other key aspects that can help decide whether it’s worth using their services. We will answer key questions that may interest potential users, such as safety, market offering, and trading platforms.   Who is VT Markets and What Should You Know About This Forex Broker? VT Markets is a global multi-asset broker established in 2015.and registered in Australia. VT Markets' headquarters is located in Sydney, but the firm operates internationally, offering services to clients worldwide.  The broker is regulated by ASIC, FSCA, and FSC, ensuring a high level of security and compliance with market standards. VT Markets specializes in trading Forex, CFDs, indices, commodities, and stocks, offering a wide range of investment products and trading platforms, including MetaTrader 4 and MetaTrader 5.   Is VT Markets a Regulated Broker? VT Markets is a well-regulated broker, which is one of the most important factors influencing the security of client funds.  The broker is supervised by the Australian Securities and Investments Commission (ASIC), one of the most renowned regulatory bodies in the world. Additionally, VT Markets is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Mauritius.    Multi-level regulation ensures that the broker adheres to high safety and transparency standards. Clients can rest assured that their funds are stored in segregated accounts, minimizing financial risk.   What Markets Are Available on VT Markets? VT Markets offers a wide selection of markets for investment. The broker's offerings include  Forex currency pairs,  stock indices,  precious metals,  energy commodities,  ETFs, and  CFD contracts on stocks   Investors have access to over 230 financial instruments, enabling portfolio diversification and varied investment strategies. Thanks to this diversity, VT Markets attracts both short-term and long-term traders who can invest in global markets.   What Types of Accounts Does VT Markets Offer? VT Markets offers two main types of accounts tailored to different types of investors: Standard STP and Raw ECN. The Standard STP account is ideal for beginner traders as it does not charge commissions, and spreads start from 1.2 pips. It is a low-entry option that allows for quick trading initiation.  The Raw ECN account is more advanced, with ultra-low spreads starting from 0.0 pips but charges a commission on each transaction. It is an ideal option for experienced traders who prefer quick market access and precise order execution. Additionally, VT Markets offers demo accounts, which allow you to learn to trade risk-free.     What Trading Platforms Does VT Markets Offer? VT Markets provides clients with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, considered the industry standard in trading. These platforms offer a wide range of analytical tools, technical indicators, and algorithmic trading capabilities, making them suitable for both beginners and advanced traders.  The broker also provides the WebTrader platform, which allows trading without the need to install additional software, and a mobile app that enables trading from anywhere in the world. Integration with copy trading tools is another advantage that increases the flexibility and convenience of using VT Markets' services.     Does VT Markets Offer Negative Balance Protection? Negative balance protection is an important feature of VT Markets, especially for investors trading in highly volatile markets. With this mechanism, clients cannot lose more than their deposit, preventing unexpected debt accumulation.  This is particularly crucial for beginner traders who may not yet be fully aware of the risks associated with trading on financial markets. Negative balance protection is available for all account types, further increasing investment security.   What Fees and Commissions Are Applicable at VT Markets? The fee and commission structure at VT Markets is transparent and competitive. The Standard STP account does not charge commissions, only a spread that starts from 1.2 pips. The Raw ECN account, on the other hand, offers spreads starting from 0.0 pips but charges a commission of $3 per side per lot.  Additionally, VT Markets does not charge inactivity fees, which distinguishes it from other brokers. However, clients should be aware of potential costs related to currency conversion, deposits, and withdrawals, depending on the chosen payment method.   What Deposit and Withdrawal Options Are Available at VT Markets? VT Markets offers a wide range of deposit and withdrawal methods, allowing for flexible fund management. Clients can make deposits via bank transfers, credit/debit cards, and popular e-wallets such as Skrill, Neteller, and PayPal.  The deposit and withdrawal processes are fast and secure, and the broker implements strict KYC (Know Your Customer) procedures to prevent money laundering and financial fraud. VT Markets does not charge deposit fees, and withdrawals are processed within 1-3 business days.   Is VT Markets Suitable for Beginner Traders? VT Markets is a broker friendly to beginner traders, as evidenced by the available educational resources and customer support.  The broker offers a comprehensive knowledge base, including articles, webinars, e-books, and video tutorials that help new users understand the basics of trading on financial markets.  Additionally, VT Markets offers demo accounts that allow you to learn and test trading strategies without risking your funds. Customer support available 24/7 in multiple languages, including Polish, is another advantage that makes this broker suitable for those starting their trading journey.     How to Open an Account with VT Markets? Registration. Register on the VT Markets website by creating your real trading account. Deposit. Fund your account by choosing your preferred payment method. Trade. After making a deposit, you can start trading on your computer, mobile device, or via the internet.  
Nuvei Powers Fintech360's Cutting-Edge Cashier Solution - 13.09.2024

Nuvei Powers Fintech360's Cutting-Edge Cashier Solution - 13.09.2024

FXMAG Team FXMAG Team 13.09.2024 11:08
Setting New Standards in Secure and Efficient Digital Transactions for the Forex B2B Industry Payment processing is a cornerstone of any successful business, especially in the fast-paced forex B2B sector. The rapid evolution of digital commerce has increased the pressure on organizations to provide efficient and secure payment options to their clients. This growing demand has fueled significant advancements in financial technology (fintech), enabling companies to expand their operations and reach a global audience. However, the race for innovation in fintech is far from over. As the digital environment continues to evolve, fintech companies must continually develop cutting-edge payment solutions that not only process payments faster but also enhance security, expand market reach, and improve the overall customer experience.   Fintech360's Leadership in Forex B2B Solutions Fintech360 stands out as a leader in the fintech industry, particularly within the forex B2B space. The company has established itself as a key player, offering a wide range of services tailored for brokers and financial institutions. Known for its innovative and client-centric approach, Fintech360 provides essential tools designed to boost operational efficiency and drive growth in the forex industry. These include a robust customer relationship management (CRM) system, an advanced trading platform, sophisticated business intelligence tools, and other critical solutions that brokers need to thrive in the competitive forex market. Among these offerings, Fintech360’s Payment Gateway is a crucial component for businesses looking to optimize their payment processes. This solution is engineered to deliver secure and efficient global transactions, a necessity for forex companies aiming to capitalize on global opportunities. Expanding Market Reach with Fintech360’s Payment Gateway Fintech360’s Payment Gateway is a powerful tool for forex businesses seeking to expand their global footprint. By partnering with over 250 payment providers, the platform allows companies to accept payments in multiple currencies from various regions, providing a significant competitive advantage in the international forex market. The Payment Gateway is designed for flexibility and easy integration with existing platforms and third-party applications. This adaptability is particularly beneficial for forex businesses, allowing them to tailor payment processes to their specific needs and ensuring a seamless, user-friendly experience for their clients. Optimizing Checkouts with Fintech360’s Ultimate Cashier One standout element of Fintech360’s payment solution is the Ultimate Cashier tool. This modular and responsive cashier system offers integrations with over 250 payment service providers (PSPs), making it an indispensable tool for forex businesses aiming to streamline their transaction processes. The Ultimate Cashier tool features smart routing capabilities that optimize transaction paths for the fastest and most cost-effective processing. This feature is especially advantageous for forex companies with high transaction volumes, as it minimizes delays and reduces processing costs. Additionally, the Ultimate Cashier incorporates high-level risk management protocols to identify and mitigate potential fraud and security threats. This ensures that transactions are secure and compliant with industry standards, giving Fintech360’s B2B clients—and their B2C customers—confidence in the safety of their funds and data. Nuvei – A Trusted Partner in Payment Processing for Forex Fintech360’s reputation for delivering high-quality services is bolstered by its strategic partnerships with trusted industry leaders. In the realm of payment solutions, Nuvei stands out as a key partner, providing secure and efficient payment processing solutions tailored to the needs of the forex B2B sector. Nuvei, a leading financial technology provider, is renowned for its secure and reliable payment processing capabilities. Its advanced technology, extensive experience, and strong reputation complement Fintech360’s offerings, particularly in powering the Ultimate Cashier tool. By integrating Nuvei’s capabilities into its infrastructure, Fintech360 enhances its service offerings, making them even more attractive to potential forex clients. Nuvei’s commitment to compliance and adherence to the highest regulatory standards further reassures customers that their transactions and data are in safe hands. Building a Synergy Between Fintech360 and Nuvei The collaboration between Fintech360 and Nuvei exemplifies the powerful synergy that can be achieved when two industry leaders join forces. For Fintech360, the partnership with Nuvei ensures the smooth and effective operation of its Payment Gateway and Ultimate Cashier tool, leading to faster transactions and expanded global reach. Both Fintech360 and Nuvei’s commitment to top-grade security standards significantly enhances client protection and fraud prevention measures, creating a secure and compliant environment for forex businesses. For Nuvei, partnering with a forward-thinking company like Fintech360 brings reputational gains and demonstrates its ability to support advanced fintech solutions within the forex B2B market. This collaboration not only strengthens Nuvei’s standing in the fintech industry but also expands its reach and visibility. Shaping the Future of Forex B2B Together The future of digital commerce, particularly in the forex B2B sector, hinges on the ability to provide secure and efficient payment solutions that meet global market demands. By setting new standards in payment services and enabling businesses to focus on growth and customer satisfaction, partnerships like the one between Fintech360 and Nuvei are crucial to achieving this goal. By combining their resources and expertise, Fintech360 and Nuvei are creating a superior infrastructure for payment solutions, particularly cashier tools, with enhanced performance, security, and reliability. As more forex businesses embrace digitalization and adopt advanced payment technologies, the role of such solutions will continue to grow, shaping the future of the global forex market and driving economic growth.
3DOS Launching Decentralized “Uber for 3D Printing” on Sui

3DOS Launching Decentralized “Uber for 3D Printing” on Sui

FXMAG Team FXMAG Team 12.09.2024 15:37
Grand Cayman, Cayman Islands, September 12th, 2024, Chainwire   3DOS chooses Sui as the exclusive blockchain partner to power its global decentralized peer-to-peer manufacturing network Sui, a cutting-edge Layer 1 blockchain, announced a strategic alliance with 3DOS™, a leading innovator in decentralized manufacturing. The alliance promises to solve the coordination problems plaguing the $15.6 trillion global manufacturing market by coupling 3DOS's expansive network of 3D printers, manufacturers, and customers with Sui’s advanced decentralized blockchain technologies. Sui’s industry-first zkLogin technology will make onboarding new users particularly easy for 3DOS by natively allowing millions of people to access the service using traditional social accounts like Google or Twitch. Prior to engaging with Sui, the 3DOS founders pioneered one of the world’s first 3D printing operating systems and achieved remarkable results. So far, the platform has over 500,000 users, has manufactured 4.2 million parts, and has supported more than 15 million CAD designs across 120+ countries. Customers include John Deere, Google, MIT, Harvard, CalTech, UC Berkeley, Bosch, the British Army, the US Navy, the US Air Force, and NASA. These customers are currently being onboarded onto the network that 3DOS™ is building on Sui. A heat map of 3DOS’s decentralized infrastructure, which is now migrating to the SUI Mainnet, with over 24,000 3D Printed NFT’s minted within a week since launch. Data as of Sept 9, 2024 The current partnership adds to 3DOS the redundancy, transparency, speed, and flexibility inherent in leveraging Sui’s industry-leading decentralized technology platform. "At 3DOS, we believe that manufacturing should be decentralized. By tapping Sui to power our infrastructure, we now have the technology to enable this massive shift in our industry," said John Dogru, Founder and CEO of 3DOS. "3DOS is a 3D Operating System, bridging the digital world to the physical world, allowing anyone to access manufacturing capacity and 3D printers anywhere empowering local producers and eliminating waste, inventory, and the carbon footprint associated with international shipping.” Together, the technological innovations of the Sui and 3DOS combination will enable the massive global manufacturing industry to harness the power of localized production and eliminate the inefficiencies of high operational costs, and limited accessibility that currently plague it. The 3DOS/Sui solution addresses these continuing challenges and also vastly expands the world's manufacturing potential by connecting siloed 3D printing capacity to massive demand around the world. In the process, the partners’ decentralized approach will reduce costs, democratize manufacturing, and open up new economic opportunities globally. "Improving manufacturing processes is one of the world’s most important challenges, and the infrastructure that 3DOS is building on Sui marks a significant advancement that will catalyze economic growth and technological innovation," said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs which developed the Sui Network. "Through this partnership with 3DOS, Sui is helping to create a global decentralized manufacturing network that empowers more individuals and businesses to participate in the production of physical goods." The 3DOS platform leverages smart contracts on Sui to eliminate the overhead typically associated with coordinating supply and demand, which traditionally requires thousands of employees at Web2 companies and banks. By programming governing rules and processes directly into Sui’s blockchain, 3DOS achieves near-zero human intervention and infinite scalability. This approach optimizes resource efficiency and enhances supply chain transparency, reducing waste, improving cost-effectiveness, ensuring quality assurance, and facilitating global collaboration—all while empowering a diverse range of creators and innovators.
Real Estate Startup Placy Raises €1M in Pre-Seed Funding

Real Estate Startup Placy Raises €1M in Pre-Seed Funding

FXMAG Team FXMAG Team 12.09.2024 13:59
Zubr Capital is transforming real estate by funding an AI-backed tool that helps automate property valuations, research, viewing schedules, and agreement drafting.   Zubr Capital, a private equity firm focused on uncovering new investment opportunities in the IT and tech sectors, has turned its attention to the fast-growing Cypriot startup Placy. This groundbreaking AI (artificial intelligence) powered technology tool streamlines operations by taking time-consuming tasks like property valuations or research and automating them to free up human time availability.   Essential tasks such as drafting new client agreements, scheduling property viewings, and conducting comparative research of houses in the same neighborhood, can all be handled by Placy. The goal is to let professionals focus on what matters most – getting to know the unique needs and desires of those seeking to buy or sell property. Founded 10 months ago in Limassol by former colleagues from CIAN (a top 10 global property portal and NYSE unicorn of 2021) and Wargaming, Placy is being introduced in Cyprus as a “pilot market” with direct future integration for Greece, the UAE, and the UK.   The €1M in pre-seed funding will boost Placy's efforts to ensure success. This infusion of financial resources has two goals. First, Zubr’s funds will seek to improve Placy Pro, a white-label SaaS tool focused on B2B integrations developed for agencies and agents.   The second pathway Zubr’s capital will help is through improving the primary features of Placy, which allow seamless integration into WhatsApp and Telegram for landlords, sellers, and buyers. This will primarily be through further insight into R&D for Placy Assistant, a B2C tool. This B2C tool makes communication between property seekers and sellers much easier in the short and long term.   Zubr Capital led the funding round. Zubr Capital is a European Fund regulated by CySEC, focused on investing in high potential IT companies and expanding their capabilities to international markets. It has also supported other successful companies like Palta, a health & well-being technology company, and MediaCube, a fintech company for creators.    Zubr Capital is proud to have worked with the development and startup team behind Placy in the past. That previous record of successful performance, specifically in the pro-tech field, is what makes the startup launch so attractive. Public support for Placy is also at an all-time high due to previous awards for Startup of the Year in Cyprus and joining the US Microsoft Startup Hub.   Real estate investing requires many steps and streamlined operations to ensure all parties receive the care and professional advice necessary for decision-making. Placy is the perfect tool for improving this system so that everyone, from the home seller to the multi-agent real estate business, can reach new levels of success. KEY QUOTES: “As a leading funding source, we prefer to focus on the team behind a project first. With Placy, we found a successful group of professionals with a history of project achievement. This history is precisely why we think the new startup Placy will be no exception.” Viktar Dzenisevich, Investment Director and Partner at Zubr Capital “The main challenge in real estate today is how to double productivity before competitors do. Automation is crucial for survival and growth.” Mike Vasiliev, CEO of Placy “When people ask if AI will replace real estate agents, I tell them: we’re not here for optimization; we’re here for growth. Our tools are for the smart pros who want to double their sales with a fraction of the effort.” Sotiris Komodromos, Placy’s Commercial Director      
Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot

Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot

FXMAG Team FXMAG Team 11.09.2024 15:18
Boston, Massachusetts, September 11th, 2024, Chainwire   Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation's inaugural funding initiative, highlighting Hyperbridge's critical role in the rapidly expanding Web3 ecosystem. Hyperbridge is emerging as a leader in the rapidly evolving sector, with its industry-leading cross-chain technology already being used by teams like Succinct, Axelar, Union, and Avail. The protocol has also already secured a parachain slot within the Polkadot ecosystem, reinforcing its deep integration and commitment to leveraging Polkadot’s unique strengths. In addition, Hyperbridge’s crowd loan raised an impressive $2.7 million, making it the most successful parachain crowd loan in the Polkadot ecosystem, a testament to its strong community support and technological promise. “Hyperbridge represents a significant step towards a cross-chain future, embodying the highest standards of security, scalability, and innovation," said Fabian Gompf, CEO of Web3 Foundation. "By building on Polkadot’s robust framework, Hyperbridge empowers the ecosystem with verifiable, unstoppable interoperability, setting a new benchmark for secure cross-chain solutions.” Hyperbridge is more than a simple asset bridge, it is a cryptoeconomic co-processor that combines advanced zero-knowledge technology and mechanistic protocols to deliver the most secure and verifiable cross-chain messaging and storage query solution available today. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains. The platform’s innovative architecture, built on Polkadot, allows it to offer unmatched security and scalability, positioning it at the forefront of cross-chain solutions. Security is at the core of the Hyperbridge design, with audits conducted by the same team responsible for Polkadot. As the industry grapples with insecure multisig bridges, Hyperbridge’s zk light clients for Polkadot and Ethereum offer a secure, verifiable alternative. By consolidating multiple connections into a unified, reliable network, Hyperbridge aims to be the leader in verifiable, cross-chain communication and interoperability. "Hyperbridge represents the next evolution in secure cross-chain interoperability.” Said Mark Cachia, CIO of Scytale Digital, “Seun's deep expertise and innovative approach ensure that Hyperbridge addresses the critical security flaws of traditional bridges and sets a new standard for verifiable and unstoppable interoperability. This investment aligns perfectly with our vision of a fully interconnected web3 ecosystem, and we're proud to support a project with such transformative potential."  Exclusively built on Polkadot, Hyperbridge inherits the network’s unparalleled economic security, giving it the highest level of economic security for any bridge available today. Polkadot’s design, optimized for high interoperability, fast-finality, and affordable compute through agile coretime, provides the perfect foundation for Hyperbridge’s rollup architecture. This close integration allows Hyperbridge to offer cross-chain messaging and storage queries to developers from day one, setting new standards for secure, scalable, and efficient interoperability. Seun Lanlege, Founder of Polytope Labs, the developers of Hyperbridge, shared, “Bridges are only as secure as their authentication mechanisms. Traditional bridges that rely on multisig committees for authentication have seen over $2B lost to exploits. Hyperbridge disintermediates these middlemen by relying on finality and storage proofs for cross-chain message authentication, providing a level of security equivalent to the blockchains it connects.” Hyperbridge unlocks a wide array of use cases, including verifiable cross-chain intents, non-custodial native bridges for unified liquidity, and multichain expansion for stablecoins, RWAs, and DAO tokens. It also opens up possibilities for advanced cryptoeconomic coprocessors, such as state coprocessors for TWAPs and on-chain insurance protocols, as well as zk aggregation coprocessors. These innovations set Hyperbridge apart, offering developers the tools to create new financial and decentralized applications that were previously impossible.
PIN AI secures $10M from a16z CSX, Hack VC, and All-Star angels to launch open platform for personal AI

PIN AI secures $10M from a16z CSX, Hack VC, and All-Star angels to launch open platform for personal AI

FXMAG Team FXMAG Team 09.09.2024 19:47
San Francisco, United States, September 9th, 2024, Chainwire Innovative startup from Ethereum Core research, Google Brain, Stanford, MIT, and CMU aims to democratize on-device intelligence, empowering users with control over their personal AI, and receiving investment from a16z CSX, Hack VC, and investors from projects like Solana, Polygon, Near, Worldcoin, etc. PIN AI, a pioneering AI infrastructure company, announces $10 million in pre-seed funding to develop the world’s first open-source Personal Intelligence Network (PIN). A16z CSX, Hack VC, and notable investors, including Blockchain Builders Fund (Stanford Blockchain Accelerator), Illia Polosukhin (Transformer paper author; Founder, NEAR Protocol), Anagram/Lily Liu (President, SOL Foundation), Symbolic Capital (Co-Founder, Polygon), Evan Cheng (CEO, Mysten Labs/SUI), dcbuilder (Worldcoin Foundation), Foresight Ventures (parent company of the Block), Nomad Capital, Tim Shi (Co-Founder, Cresta), Ben Fisch (CEO, Espresso), Scott Moore (Co-Founder, Gitcoin), Alumni Ventures, and Dispersion Capital, have backed the project. Offering an open-source, web3-enabled alternative to Apple Intelligence, PIN AI's platform turns smartphones into privacy-focused AI personal assistants. By redirecting profits from users' data and attention, it empowers users to regain control and monetize their data. The platform leverages personal, contextual data and cryptography, deploying cutting-edge AI models on-device to handle tasks across apps—like shopping, ordering food, wealth management, and interacting with centralized exchanges, DeFi, and prediction markets. This AI-driven assistant ensures robust privacy and user-controlled data management, disrupting ultra-profitable models of web2 giants, including Apple's 30% app revenue cut (over $100 billion) and Google’s mobile ads and Android store revenue cuts. Davide Crapis, Co-Founder leading Protocol Research, said, "We’re building a movement towards an open-source future where personal AI assistants can work on PIN AI’s platform like smart contracts on Ethereum." He added, "PIN AI will take back the $100b+ profit from tech giants and return it to users, allowing them to control and monetize their data. Our platform offers access to a wider range of AI agents, developed by the open-source community, capable of handling tasks across popular apps." PIN AI's mission is to foster innovation for personal AI agents by offering access to personal, contextual data that reflects individual users' needs and preferences. Unlike closed ecosystems like Apple, PIN AI’s open platform connects privacy-protected user data via a Layer-2 blockchain. This enables more flexibility in AI application development without the constraints of traditional, closed systems. Bill Sun, Co-Founder and Chief Scientist, said, "On-device multi-modality models will revolutionize daily life. We are building a personal index for each user to create an on-device model that evolves via distributed training on the user's phone. Soon, users won’t need to open multiple apps to complete tasks. The personal AI assistant will understand preferences and manage tasks efficiently." PIN AI's assistant will connect users with apps and services bidding on its blockchain protocol to fulfill tasks like shopping or crypto activities. PIN AI shifts data monetization from big tech to users, allowing secure monetization of personal data. Users receive token incentives through data onboarding and intent fulfillment, only providing necessary data with matched Personal AI Agents, while maintaining control of their information. At launch, PIN AI partners with Worldcoin and is developing a front-end product similar to Siri, expanding its reach and enhancing user experience. Leading the team are co-founders Davide Crapis and Ben Wu. Crapis, formerly of Ethereum Core Research, leads Protocol Research. Ben Wu, heading Strategy, is an MIT graduate, Y Combinator alum, and serial entrepreneur. The technical leadership includes Bill Sun, a Stanford AI/Math PhD and early Google Brain researcher, as Chief AI Scientist, and Regan Peng, a CMU graduate and former lead at Didi Fintech and Yahoo Data Infra, as Founding Head of Engineering. PIN AI collaborates with a16z crypto research, Flashbots, Espresso Systems, and academics from Stanford, Columbia, and NYU. Ben Wu emphasized the importance of an open platform, saying, “The open internet has made large language models possible. We need to build an open platform for users on their trusted device, allowing access to their various data, making their Personal AI possible." Unlike Apple Intelligence, PIN AI's system can run on low-spec smartphones by dynamically shifting between edge AI (on-device) and server AI to optimize performance, ensuring wide accessibility. The funding will expand research, grow the team of AI and blockchain experts, and accelerate the deployment of PIN AI’s technology. The company will join the a16z CSX Fall 2024 cohort in New York City. About PIN AI PIN AI is developing an open-source personal AI operating system that leverages smartphone and app data to empower users with control and privacy. The company's approach aims to connect AI developers with users, promoting data sovereignty and developer empowerment. PIN AI collaborates with Ethereum Core Research and is committed to privacy and innovation. For more updates, visit pinai.io, X (formerly Twitter), Telegram, Discord, and Linkedin.
Comprehensive Guide to Capital Revo: Features, Benefits, Trading Platforms, and Why You Should Choose This Broker?

Comprehensive Guide to Capital Revo: Features, Benefits, Trading Platforms, and Why You Should Choose This Broker?

FXMAG Team FXMAG Team 09.09.2024 14:23
Capital Revo is a renowned global online trading provider offering a wide range of trading options including Forex, CFDs, indices, precious metals, energy, and cryptocurrencies. This article explores the company's offerings, including costs, account types, commissions, educational tools, and the account setup process.   Company Profile  Capital Revo prides itself on providing advanced trading services for both retail and institutional clients. Client funds are kept in segregated accounts with major international banks, ensuring high security and transparency. The company is licensed and regulated, adhering to stringent industry standards for a safe trading environment. Account Types and Costs  Capital Revo offers several account types tailored to different trading needs: Standard Account: Low minimum deposit, access to all trading instruments, and basic trading tools. Premium Account: Higher minimum deposit, lower spreads, and additional features like personal account managers. VIP Account: Highest minimum deposit, tightest spreads, exclusive tools, and priority customer support.       Offer - CapitalRevo Capital Revo offers a wide array of trading instruments, catering to diverse trading preferences and strategies. Here are the key categories and examples of available instruments: Stocks Capital Revo provides access to a broad selection of global stocks, allowing traders to invest in individual companies. Examples include: Apple Inc. (AAPL) Amazon.com Inc. (AMZN) Tesla Inc. (TSLA) Forex (Foreign Exchange) The Forex market is one of the most liquid markets globally, and Capital Revo offers trading in numerous currency pairs. Examples include: EUR/USD (Euro/US Dollar) GBP/USD (British Pound/US Dollar) USD/JPY (US Dollar/Japanese Yen) Cryptocurrencies For those interested in the burgeoning cryptocurrency market, Capital Revo provides access to popular digital currencies. Examples include: Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Commodities Traders can also invest in various commodities, providing opportunities to diversify portfolios. Examples include: Gold Crude Oil Silver Indices Indices allow traders to speculate on the performance of a group of stocks representing a market or sector. Examples include: S&P 500 NASDAQ 100 FTSE 100   Commissions, Swaps, and Spreads Commissions: Vary based on account type; Standard accounts typically have no commissions, while Premium and VIP accounts have reduced rates. Swaps: Charged on overnight positions, varying by instrument. Spreads: The difference between bid and ask prices; tighter spreads available in higher-tier accounts.   Market Presence and History Capital Revo operates in several key markets globally, focusing on providing top-notch trading services. The company has been active in expanding its reach, recently launching operations in Romania under its MOKKA brand to provide delayed payment solutions. This expansion into Central and Eastern Europe (CEE) demonstrates the company's commitment to growing its market presence​. Opening an Account. How to open an account? Registration: Visit the Capital Revo website and fill out the registration form with personal details. Verification: Submit identification documents for account verification. Deposit Funds: Transfer the minimum deposit amount for the chosen account type. Start Trading: Access the trading platform and begin trading.   Educational Tools  Capital Revo offers a variety of educational resources to support traders: Webinars: Regularly scheduled online seminars covering market analysis, trading strategies, and platform tutorials. E-books: Comprehensive guides on trading fundamentals and advanced techniques. Video Tutorials: Step-by-step videos on platform usage and trading concepts. Market Analysis: Daily and weekly reports on market trends and economic events.   Trading Platforms at CapitalRevo Capital Revo offers a state-of-the-art trading platform designed to meet the needs of traders at all skill levels. The platform is renowned for its user-friendly interface and advanced technological features, which facilitate seamless trading experiences. It includes robust charting tools and a variety of technical indicators that help traders make informed decisions. The platform supports multiple device access, ensuring that traders can manage their portfolios from desktops, tablets, and smartphones with ease.   Additionally, the platform is equipped with advanced order types, real-time market data, and fast execution speeds, which are crucial for successful trading. Traders also benefit from integrated risk management tools that allow them to set stop-loss and take-profit levels, enhancing their ability to manage potential losses and secure profits.  The platform’s customization options enable traders to tailor their trading environment to their specific needs and preferences. Capital Revo's trading platform also supports social trading features, where traders can follow and replicate the strategies of experienced traders, providing an excellent learning opportunity and a way to potentially improve trading outcomes.  With these comprehensive features, the trading platform at Capital Revo ensures that traders have all the necessary tools to succeed in the dynamic world of online trading.   Why Choose CapitalRevo? Choosing Capital Revo as your broker offers several compelling advantages. Capital Revo provides access to a diverse range of trading instruments, including stocks, Forex pairs, cryptocurrencies, commodities, and indices, allowing traders to diversify their portfolios and capitalize on various market opportunities. The advanced trading platform is both user-friendly and technologically sophisticated, featuring robust charting tools, a variety of indicators, and an intuitive interface that supports informed trading decisions and easy navigation. Security and transparency are top priorities at Capital Revo, with client funds kept in segregated accounts with major international banks. The company is licensed and regulated, adhering to stringent industry standards to ensure a secure trading environment. Competitive costs and fees, including low commissions and various account types, provide cost-effective trading solutions tailored to different trading styles. Capital Revo also offers a wealth of educational resources, such as webinars, e-books, video tutorials, and market analysis reports, to help traders enhance their skills and stay informed about market trends. Exceptional customer support is available around the clock, ensuring traders receive timely and effective assistance whenever needed.   Capital Revo distinguishes itself in the online trading market by providing a secure, user-friendly platform, diverse account types, and extensive educational resources. Whether you are a novice or an experienced trader, Capital Revo offers the tools and support necessary for successful trading experiences. For more information, visit Capital Revo’s official website​ (capitalrevo).      
Trade Smart, Not Hard: Fintech360 and TradingView Revolutionize Forex Brokerage Solutions

Trade Smart, Not Hard: Fintech360 and TradingView Revolutionize Forex Brokerage Solutions

FXMAG Team FXMAG Team 09.09.2024 14:01
Fintech360 and TradingView: A Partnership for Innovation The forex brokerage industry is rapidly evolving, and Fintech360 stands at the forefront, driving innovation and efficiency. A pivotal factor in this success is their partnership with TradingView, a renowned charting provider offering an extensive suite of market trading and analysis tools. This collaboration amplifies Fintech360’s capabilities, enabling brokers to offer a sophisticated trading experience to their clients. TradingView is celebrated for its user-friendly interface, custom charts, technical indicators, and other essential tools for market analysis. By integrating TradingView's advanced charting technology into Fintech360’s solutions, brokers can provide their clients with superior market visualization and trend analysis tools, essential for making informed trading decisions. This partnership not only enhances the user experience but also strengthens Fintech360's overall value proposition.   Comprehensive Solutions for Forex Brokers Fintech360 is dedicated to revolutionizing the forex brokerage industry by offering a comprehensive suite of B2B fintech services tailored to regulated brokers. Flagman of their product lineup is their innovative trading platforms, both web-based and mobile, designed to meet the needs of modern forex brokers. These platforms allow brokers to quickly deploy a fully functional trading environment, eliminating the need for costly and time-consuming in-house development. This enables brokers to attract and retain clients more efficiently. Fintech360 product lineup also includes CRM systems, payment gateway, business intelligence, affiliate management and now, thanks to their partnership with TradingView, advanced charting and market analysis capabilities.   Why Fintech360 Stands Out Fintech360’s mission goes beyond profit. They aim to bring cutting-edge solutions to the forex brokerage industry, striving for the highest efficiency and reshaping traditional brokerage operations. By offering an omni-channel solution, Fintech360 ensures that all broker processes, from compliance and payments to trading, are seamlessly integrated under one roof. The Importance of Strategic Partnerships The success of Fintech360 is bolstered by its ability to forge strategic partnerships with industry leaders like TradingView. This collaboration demonstrates Fintech360’s commitment to providing brokers with the best tools available, ensuring they stay ahead in a competitive market. Conclusion For forex brokers looking to enhance their service offerings, Fintech360 presents an unparalleled opportunity. With their comprehensive suite of services and partnership with TradingView, Fintech360 equips brokers with the tools needed to deliver an exceptional trading experience. Embrace innovation and efficiency with Fintech360 and lead the way in the forex brokerage industry.   Follow Fintech360’s LinkedIn page to get more updates about the FIntech industry.
BC.GAME Unveils Brand Upgrade to Enhance Its iGaming Platform

BC.GAME Unveils Brand Upgrade to Enhance Its iGaming Platform

FXMAG Team FXMAG Team 05.09.2024 06:04
WILLEMSTAD, Curacao, September 4th, 2024, Chainwire   BC.GAMEBC.GAME, the global iGaming leader, has announced a significant evolution in its brand journey with the launch of a comprehensive upgrade. The initiative features a revitalized visual identity, an enhanced user interface, and innovative product offerings, all designed to elevate its brand presence on the global stage. BC.GAME’s brand transformation extends beyond a mere logo update, representing a significant enhancement of the brand narrative. The newly designed logo encapsulates the brand’s mission and values, adding an iconic aesthetic to the popular iGaming platform. The sophisticated design marks a new chapter for BC.GAME and better reflects the dynamic games and products its platform now encompasses. The visual style, characterized by vibrant green gradients, conveys BC.GAME’s vitality and innovative spirit. A meticulously crafted interface employs clean and modern aesthetics to elevate the user experience. This distinctive visual direction underscores the brand’s ongoing commitment to innovation and excellence. The brand upgrade includes a comprehensive redesign of the user interface, adopting a modular layout to ensure seamless and efficient information delivery. This innovative design simplifies navigation, enhancing user decision-making and overall flow. BC.GAME has restructured pages into a more intuitive multi-level format based on feedback, further refining platform usability. Interactive features have been introduced to enrich the gaming experience, making the platform more engaging and user-friendly. This thoughtful redesign reflects BC.GAME’s dedication to providing an immersive and enjoyable experience. At the core of the brand upgrade is BC.GAME’s dedication to emerging games. The introduction of Coco Rush, a new mini-app game, enriches the ecosystem and demonstrates the brand’s commitment to seamless web3 access. Continuous innovation is a core commitment, ensuring users enjoy limitless opportunities within the ecosystem. BC.GAMEBC.GAME will continue to explore emerging technologies and trends to drive platform development. The company is dedicated to enhancing user experience, proactively adapting to industry changes, and offering innovative solutions to meet evolving market demands. Each step forward reflects BC.GAME’s commitment to excellence and forward-thinking vision for the industry’s future. As a world-leading iGaming platform, BC.GAME is committed to upholding the highest standards of fairness, transparency, and player satisfaction. These principles are woven into the company’s ethos and operational practices, ensuring that every interaction remains true to the brand’s core values and vision. About BC.GAME BC.GAMEBC.GAME is a leading crypto iGaming platform, known for its community-driven approach and cutting-edge technology. Established in 2017, BC.GAME offers more than 8,000 games, including sports betting, slots, and live table games. The platform is also recognized for its partnerships with top-tier brands such as Leicester City FC, the Argentina National Football Team, and Cloud9.
Forgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design, Liquidity Monitoring, and Token Cap Table Management

Forgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design, Liquidity Monitoring, and Token Cap Table Management

FXMAG Team FXMAG Team 04.09.2024 09:49
Forgd, a token advisory and optimization platform, announced the launch of its free-to-use web platform, which provides blockchain projects unrestricted access to tools for tokenomics design, liquidity monitoring, cap table management, and financial planning. Forgd eliminates financial barriers associated with traditional Web3 Advisory and consolidates an otherwise fragmented services industry built to support blockchain projects as they issue a token. A token launch involves complex challenges, prompting many blockchain projects to hire multiple external advisors for tasks like tokenomics modeling, market maker engagement, and exchange listing. These engagements can be costly and often lead to operational inefficiencies, given that few advisors operate an end-to-end process. Forgd addresses these challenges with free software tools for executing all vital go-to-market activities and optimizing token performance post-launch. This “self-service” approach to Web3 advisory allows teams to execute at their own pace. "Many of the tasks involved in a token launch are outside the expertise of a typical tech founder, which is why we created a set of tools to streamline and simplify the process in an end-to-end application," said Shane Molidor, CEO and Founder of Forgd. "Forgd was built in response to the recurring needs of founders we’ve observed in Web3. Our DIY software tools not only reduce costs but also allow teams to concentrate on product innovation rather than specialized capital market activities." Shane Molidor is a 10-year cryptocurrency veteran who formerly operated as CEO of AscendEX, Head of Trading at FBG Capital, and Business Development Associate at Gemini. Forgd recently enhanced its capabilities by acquiring Tokenomics DAO, a research institution focused on tokenomics and novel protocol design.  For blockchain projects that haven’t yet launched their token, Forgd helps them design tokenomics, conduct cash flow analysis & prepare for fundraising, secure partnerships with market makers & exchanges, and navigate administrative tasks such as offshore company formation. For projects with a live token, Forgd provides tools for monitoring market maker performance & token unlocks, automated token streaming, and even non-custodial liquidity provision. In a strategic move, Forgd has aligned with the Solana Foundation to provide select tools exclusively for projects built on the Solana blockchain. This collaboration underscores the Forgd commitment to supporting scalable blockchain ecosystems and fostering project growth. "We are thrilled to collaborate with the Solana Foundation to offer our tools to Solana's vibrant developer ecosystem," said Florian Strauf, CTO of Forgd and Founder of Tokenomics DAO. "This strategic alignment highlights our dedication to creating public goods to support blockchain entrepreneurs, and we look forward to partnering with other blockchain base layers to create comprehensive cross-chain support." Forgd reports that over 250 projects have already benefited from using its pioneering tools, such as “AMM²”, a non-custodial market making protocol that empowers projects to act as their liquidity provider across all major exchanges with automated rebalancing. “The positive response since our private beta launch in Q1’24 has been overwhelming,” commented Shane Molidor. “Our team is motivated to continue innovating and developing new tools to empower Web3 entrepreneurs aiming to launch and scale projects of their own.” For more information about Forgd and its services, users can visit Forgd.com. About Forgd: Forgd is a token advisory and optimization platform with free software tools for blockchain founders to launch and scale their projects. Operating as a public good, Forgd is reinventing Web3 advisory by providing blockchain projects free access to specialized capital markets tools such as tokenomics modeling, liquidity monitoring, cap table management, exchange listing, and financial planning. In addition to its self-service software tools, Forgd offers tailored consulting services for teams seeking extra guidance. This approach allows Forgd to service a broad spectrum of blockchain projects ranging from DIY enthusiasts to those who prefer white-glove support, ensuring accessibility and expert assistance are readily available. www.x.com/forgd_
Bangkok Awaits! iFX EXPO Asia Only Weeks Away - 03.09.2024

Bangkok Awaits! iFX EXPO Asia Only Weeks Away - 03.09.2024

FXMAG Team FXMAG Team 03.09.2024 14:58
Bangkok Awaits! iFX EXPO Asia Only Weeks Away With only a few weeks remaining until Asia’s biggest online trading expo begins, don’t forget to secure your spot in Bangkok   The final countdown to iFX EXPO Asia 2024 is officially in full swing as one of the world’s leading B2B online trading and fintech events is just around the corner, ahead of its return to Thailand.  Excitement is already building as the expo, now in its third year in Bangkok, prepares to welcome more than 3,500 industry professionals, innovators, and executives spanning 1,600+ companies worldwide. Taking place between 16-18 September 2024 at the renowned Centara Grand & Bangkok Convention Centre, this year’s iFX EXPO Asia is on track to be one of the largest and most successful events of its kind ever held in the region. Where deals are sealed iFX EXPO Asia opens the door to unparalleled networking opportunities, enabling attendees to meet and engage face-to-face with some of the most influential figures in the financial sphere, building invaluable connections and generating fresh leads. There will be the chance to get acquainted with representatives from a broad spectrum of industry participants, including brokers, affiliates and IBs, payment service providers, liquidity providers, fintech companies – and many others. With so many key stakeholders from the online trading industry under one roof, the exhibition presents the ideal location for those looking to grow their business, find new partners, and explore potentially lucrative opportunities available to them in Asia.  Embrace the learning opportunities Passholders will be able to enjoy access to more than 120 exhibitors on the main expo floor, each showcasing the latest products and services in the industry.  Alongside browsing the innovative on display, attendees can also immerse themselves in more than 13 hours of industry-leading content, including 27+ sessions covering 25+ topics. The dedicated Speaker Hall and Idea Hub areas will feature insightful talks from an eclectic mix of speakers, who will tackle key topics such as:   The Route to Sustainable Fintech Growth: Balancing Regulation & Innovation Game of Codes: Dreaming an Ethical AI in APAC’s Fintech Saga The Importance of Understanding Local Payment Landscape for Global Expansion APAC E-Trading: Improvise, Adapt, Overcome Brokers Risk Management: Expect the Unexpected Spotlight on Female Pioneers: Stories of Leadership, Diversity & Gender Equality   To discover the full expo agenda, click here. Make connections in a relaxed setting When it comes to networking, iFX EXPO Asia has all bases covered, providing numerous dedicated spaces and opportunities throughout the 2+ day event.  Strategically located around the exhibition centre, the Networking Lounges and sponsored F&B areas provide both quiet and comfortable spaces for attendees to meet, discuss, and focus on key business matters. Also away from the main exhibition floor areas, passholders will be granted exclusive entry to the glamorous Welcome Party. Often the expo highlight of many who attend, the event offers the unique chance to make new connections in a more casual, sociable environment. Concluding the second day, the Night Party presents the ideal opportunity for guests to unwind and relax after a busy day conducting expo business. Taking place at the TRIBE Sky Beach Club, the informal gathering allows attendees to revel in a vibrant atmosphere and enjoy an evening of entertainment. Unlock discounted accommodation The Centara Grand & Bangkok Convention Centre at CentralWorld is iFX EXPO Asia’s official hotel partner, meaning you can book your stay at the same hotel hosting the expo.  There are also special rates applied on stays between 14-21 September 2024. With a limited number of hotel rooms available, we encourage you to act fast to secure your accommodation. Book now to benefit from a discounted rate! Further exclusive offers for attendees All iFX EXPO Asia attendees can unlock a number of special perks at the click of button, including: Discounted rates at Centara Grand & Bangkok Convention Centre Complimentary yoga sessions in the Lotus Garden (17-18 September) 20% off “À la Carte Menu” at Ventisi 10% off select bars and restaurants within the hotel 20% off at the hotel spa for a truly relaxing experience Download the official iFX EXPO app  Get more from iFX EXPO Asia with the official app and access a host of features from the palm of your hand. Available on Google Play and the App Store and, this powerful tool allows you to: Match with potential clients or partners Schedule meetings and exchange messages Navigate the expo floor and agenda Explore detailed profiles of sponsors, exhibitors, and attendees Stay updated with real-time announcements Download the app now and take control of your networking experience. Available exclusively to registered attendees. Book your pass! Limited availability With less than a month to go, this is your final chance to register for iFX EXPO Asia 2024. Don’t delay – secure your spot now to avoid on-site queues and receive immediate confirmation of your attendance.   
Nuvei Powers Fintech360's Cutting-Edge Cashier Solution

Nuvei Powers Fintech360's Cutting-Edge Cashier Solution

FXMAG Team FXMAG Team 02.09.2024 08:18
Setting New Standards in Secure and Efficient Digital Transactions for the Forex B2B Industry Payment processing is a cornerstone of any successful business, especially in the fast-paced forex B2B sector. The rapid evolution of digital commerce has increased the pressure on organizations to provide efficient and secure payment options to their clients. This growing demand has fueled significant advancements in financial technology (fintech), enabling companies to expand their operations and reach a global audience. However, the race for innovation in fintech is far from over. As the digital environment continues to evolve, fintech companies must continually develop cutting-edge payment solutions that not only process payments faster but also enhance security, expand market reach, and improve the overall customer experience. Fintech360's Leadership in Forex B2B Solutions Fintech360 stands out as a leader in the fintech industry, particularly within the forex B2B space. The company has established itself as a key player, offering a wide range of services tailored for brokers and financial institutions. Known for its innovative and client-centric approach, Fintech360 provides essential tools designed to boost operational efficiency and drive growth in the forex industry. These include a robust customer relationship management (CRM) system, an advanced trading platform, sophisticated business intelligence tools, and other critical solutions that brokers need to thrive in the competitive forex market. Among these offerings, Fintech360’s Payment Gateway is a crucial component for businesses looking to optimize their payment processes. This solution is engineered to deliver secure and efficient global transactions, a necessity for forex companies aiming to capitalize on global opportunities. Expanding Market Reach with Fintech360’s Payment Gateway Fintech360’s Payment Gateway is a powerful tool for forex businesses seeking to expand their global footprint. By partnering with over 250 payment providers, the platform allows companies to accept payments in multiple currencies from various regions, providing a significant competitive advantage in the international forex market. The Payment Gateway is designed for flexibility and easy integration with existing platforms and third-party applications. This adaptability is particularly beneficial for forex businesses, allowing them to tailor payment processes to their specific needs and ensuring a seamless, user-friendly experience for their clients. Optimizing Checkouts with Fintech360’s Ultimate Cashier One standout element of Fintech360’s payment solution is the Ultimate Cashier tool. This modular and responsive cashier system offers integrations with over 250 payment service providers (PSPs), making it an indispensable tool for forex businesses aiming to streamline their transaction processes. The Ultimate Cashier tool features smart routing capabilities that optimize transaction paths for the fastest and most cost-effective processing. This feature is especially advantageous for forex companies with high transaction volumes, as it minimizes delays and reduces processing costs. Additionally, the Ultimate Cashier incorporates high-level risk management protocols to identify and mitigate potential fraud and security threats. This ensures that transactions are secure and compliant with industry standards, giving Fintech360’s B2B clients—and their B2C customers—confidence in the safety of their funds and data. Nuvei – A Trusted Partner in Payment Processing for Forex Fintech360’s reputation for delivering high-quality services is bolstered by its strategic partnerships with trusted industry leaders. In the realm of payment solutions, Nuvei stands out as a key partner, providing secure and efficient payment processing solutions tailored to the needs of the forex B2B sector. Nuvei, a leading financial technology provider, is renowned for its secure and reliable payment processing capabilities. Its advanced technology, extensive experience, and strong reputation complement Fintech360’s offerings, particularly in powering the Ultimate Cashier tool. By integrating Nuvei’s capabilities into its infrastructure, Fintech360 enhances its service offerings, making them even more attractive to potential forex clients. Nuvei’s commitment to compliance and adherence to the highest regulatory standards further reassures customers that their transactions and data are in safe hands. Building a Synergy Between Fintech360 and Nuvei The collaboration between Fintech360 and Nuvei exemplifies the powerful synergy that can be achieved when two industry leaders join forces. For Fintech360, the partnership with Nuvei ensures the smooth and effective operation of its Payment Gateway and Ultimate Cashier tool, leading to faster transactions and expanded global reach. Both Fintech360 and Nuvei’s commitment to top-grade security standards significantly enhances client protection and fraud prevention measures, creating a secure and compliant environment for forex businesses. For Nuvei, partnering with a forward-thinking company like Fintech360 brings reputational gains and demonstrates its ability to support advanced fintech solutions within the forex B2B market. This collaboration not only strengthens Nuvei’s standing in the fintech industry but also expands its reach and visibility. Shaping the Future of Forex B2B Together The future of digital commerce, particularly in the forex B2B sector, hinges on the ability to provide secure and efficient payment solutions that meet global market demands. By setting new standards in payment services and enabling businesses to focus on growth and customer satisfaction, partnerships like the one between Fintech360 and Nuvei are crucial to achieving this goal. By combining their resources and expertise, Fintech360 and Nuvei are creating a superior infrastructure for payment solutions, particularly cashier tools, with enhanced performance, security, and reliability. As more forex businesses embrace digitalization and adopt advanced payment technologies, the role of such solutions will continue to grow, shaping the future of the global forex market and driving economic growth.
Trade Smart, Not Hard: Fintech360 and TradingView

Trade Smart, Not Hard: Fintech360 and TradingView

FXMAG Team FXMAG Team 27.08.2024 11:42
Fintech360 and TradingView: A Partnership for Innovation The forex brokerage industry is rapidly evolving, and Fintech360 stands at the forefront, driving innovation and efficiency. A pivotal factor in this success is their partnership with TradingView, a renowned charting provider offering an extensive suite of market trading and analysis tools. This collaboration amplifies Fintech360’s capabilities, enabling brokers to offer a sophisticated trading experience to their clients. TradingView is celebrated for its user-friendly interface, custom charts, technical indicators, and other essential tools for market analysis. By integrating TradingView's advanced charting technology into Fintech360’s solutions, brokers can provide their clients with superior market visualization and trend analysis tools, essential for making informed trading decisions. This partnership not only enhances the user experience but also strengthens Fintech360's overall value proposition. Comprehensive Solutions for Forex Brokers Fintech360 is dedicated to revolutionizing the forex brokerage industry by offering a comprehensive suite of B2B fintech services tailored to regulated brokers. Flagman of their product lineup is their innovative trading platforms, both web-based and mobile, designed to meet the needs of modern forex brokers. These platforms allow brokers to quickly deploy a fully functional trading environment, eliminating the need for costly and time-consuming in-house development. This enables brokers to attract and retain clients more efficiently. Fintech360 product lineup also includes CRM systems, payment gateway, business intelligence, affiliate management and now, thanks to their partnership with TradingView, advanced charting and market analysis capabilities.   Why Fintech360 Stands Out Fintech360’s mission goes beyond profit. They aim to bring cutting-edge solutions to the forex brokerage industry, striving for the highest efficiency and reshaping traditional brokerage operations. By offering an omni-channel solution, Fintech360 ensures that all broker processes, from compliance and payments to trading, are seamlessly integrated under one roof. The Importance of Strategic Partnerships The success of Fintech360 is bolstered by its ability to forge strategic partnerships with industry leaders like TradingView. This collaboration demonstrates Fintech360’s commitment to providing brokers with the best tools available, ensuring they stay ahead in a competitive market. Conclusion For forex brokers looking to enhance their service offerings, Fintech360 presents an unparalleled opportunity. With their comprehensive suite of services and partnership with TradingView, Fintech360 equips brokers with the tools needed to deliver an exceptional trading experience. Embrace innovation and efficiency with Fintech360 and lead the way in the forex brokerage industry.   Follow Fintech360’s LinkedIn page to get more updates about the FIntech industry.
CoinGecko Announces Inaugural Hybrid Conference in Bangkok, Thailand – GeckoCon: Web3 Games Unleashed

CoinGecko Announces Inaugural Hybrid Conference in Bangkok, Thailand – GeckoCon: Web3 Games Unleashed

FXMAG Team FXMAG Team 27.08.2024 11:40
SINGAPORE, August 15, 2024  — CoinGecko, the world’s largest independent cryptocurrency data aggregator, today announced its inaugural hybrid conference, GeckoCon: Web3 Games Unleashed, set to take place on November 11, 2024, at ICONSIAM in Bangkok, Thailand. Centered around web3 gaming, the conference aims to spotlight the latest advancements and trends, bringing together industry leaders, developers, and gaming enthusiasts for a day of insightful discourse, networking, and immersive activities. The one-day hybrid conference will feature a keynote address and a series of panel sessions with thought leaders in the web3 gaming industry. Approximately 15 exhibitor booths will be showcased and also accessible virtually. Fringe events like fireside chats, live gaming experiences and interactive workshops will run concurrently. “Past GeckoCons have been virtual to accommodate our global audience, allowing us to engage with participants without facing the constraints of physical travel,” said Bobby Ong, Co-founder and COO of CoinGecko. “This GeckoCon, we’re combining the accessibility of virtual attendance with the dynamic energy of an in-person event, in our first-ever hybrid conference format. Attendees can expect the best of both worlds.”   Event Details Date: November 11, 2024 Venue: ICONSIAM, Bangkok, Thailand Time: 9:30am to 6:30pm (GMT+7) Secure the early bird 40% discount by purchasing a ticket at conference.coingecko.com by August 29, 2024. All ticket holders will enjoy a welcome pack containing exclusive digital collectibles, and stand a chance to win prizes. The previous GeckoCon, held virtually in 2022, drew over 12,300 attendees and featured more than 150 speakers – including CEO of Animoca Brands, Robby Yung, COO of Crypto.com, Eric Anziani, and Jupiter Co-founder, Siong Ong. The event successfully delivered keynotes, panel sessions, exhibitions, and workshops, creating a fully immersive experience. Access our full press kit: gcko.io/geckocon2024-mediakit      About GeckoCon GeckoCon is CoinGecko’s premier cryptocurrency conference, bringing together thought leaders, innovators and enthusiasts globally to share insights, discuss the latest advancements and spot emerging trends across various sectors in the Web3 ecosystem.   About CoinGecko Since 2014, CoinGecko has been a trusted source of information by millions of cryptocurrency investors. As the world’s largest independent cryptocurrency data aggregator, its mission is to empower the cryptocurrency community with an in-depth, 360-degree overview of the market. CoinGecko delivers comprehensive information from thousands of data points such as price, trading volume, market capitalization, developer strength, community statistics, and more. It currently tracks over 15,000 crypto assets from 1,100 exchanges worldwide. For more information about CoinGecko, visit www.coingecko.com.    
Bangkok Awaits! iFX EXPO Asia Only Weeks Away

Bangkok Awaits! iFX EXPO Asia Only Weeks Away

FXMAG Team FXMAG Team 26.08.2024 13:19
With only a few weeks remaining until Asia’s biggest online trading expo begins, don’t forget to secure your spot in Bangkok The final countdown to iFX EXPO Asia 2024 is officially in full swing as one of the world’s leading B2B online trading and fintech events is just around the corner, ahead of its return to Thailand.  Excitement is already building as the expo, now in its third year in Bangkok, prepares to welcome more than 3,500 industry professionals, innovators, and executives spanning 1,600+ companies worldwide. Taking place between 16-18 September 2024 at the renowned Centara Grand & Bangkok Convention Centre, this year’s iFX EXPO Asia is on track to be one of the largest and most successful events of its kind ever held in the region.   Where deals are sealed iFX EXPO Asia opens the door to unparalleled networking opportunities, enabling attendees to meet and engage face-to-face with some of the most influential figures in the financial sphere, building invaluable connections and generating fresh leads. There will be the chance to get acquainted with representatives from a broad spectrum of industry participants, including brokers, affiliates and IBs, payment service providers, liquidity providers, fintech companies – and many others. With so many key stakeholders from the online trading industry under one roof, the exhibition presents the ideal location for those looking to grow their business, find new partners, and explore potentially lucrative opportunities available to them in Asia.    Embrace the learning opportunities Passholders will be able to enjoy access to more than 120 exhibitors on the main expo floor, each showcasing the latest products and services in the industry.  Alongside browsing the innovative on display, attendees can also immerse themselves in more than 13 hours of industry-leading content, including 27+ sessions covering 25+ topics. The dedicated Speaker Hall and Idea Hub areas will feature insightful talks from an eclectic mix of speakers, who will tackle key topics such as:   The Route to Sustainable Fintech Growth: Balancing Regulation & Innovation Game of Codes: Dreaming an Ethical AI in APAC’s Fintech Saga The Importance of Understanding Local Payment Landscape for Global Expansion APAC E-Trading: Improvise, Adapt, Overcome Brokers Risk Management: Expect the Unexpected Spotlight on Female Pioneers: Stories of Leadership, Diversity & Gender Equality   To discover the full expo agenda, click here.   Make connections in a relaxed setting When it comes to networking, iFX EXPO Asia has all bases covered, providing numerous dedicated spaces and opportunities throughout the 2+ day event.  Strategically located around the exhibition centre, the Networking Lounges and sponsored F&B areas provide both quiet and comfortable spaces for attendees to meet, discuss, and focus on key business matters. Also away from the main exhibition floor areas, passholders will be granted exclusive entry to the glamorous Welcome Party. Often the expo highlight of many who attend, the event offers the unique chance to make new connections in a more casual, sociable environment. Concluding the second day, the Night Party presents the ideal opportunity for guests to unwind and relax after a busy day conducting expo business. Taking place at the TRIBE Sky Beach Club, the informal gathering allows attendees to revel in a vibrant atmosphere and enjoy an evening of entertainment.   Unlock discounted accommodation The Centara Grand & Bangkok Convention Centre at CentralWorld is iFX EXPO Asia’s official hotel partner, meaning you can book your stay at the same hotel hosting the expo.  There are also special rates applied on stays between 14-21 September 2024. With a limited number of hotel rooms available, we encourage you to act fast to secure your accommodation. Book now to benefit from a discounted rate!   Further exclusive offers for attendees All iFX EXPO Asia attendees can unlock a number of special perks at the click of button, including: Discounted rates at Centara Grand & Bangkok Convention Centre Complimentary yoga sessions in the Lotus Garden (17-18 September) 20% off “À la Carte Menu” at Ventisi 10% off select bars and restaurants within the hotel 20% off at the hotel spa for a truly relaxing experience   Download the official iFX EXPO app  Get more from iFX EXPO Asia with the official app and access a host of features from the palm of your hand. Available on Google Play and the App Store and, this powerful tool allows you to: Match with potential clients or partners Schedule meetings and exchange messages Navigate the expo floor and agenda Explore detailed profiles of sponsors, exhibitors, and attendees Stay updated with real-time announcements Download the app now and take control of your networking experience. Available exclusively to registered attendees.   Book your pass! Limited availability With less than a month to go, this is your final chance to register for iFX EXPO Asia 2024. Don’t delay – secure your spot now to avoid on-site queues and receive immediate confirmation of your attendance.   
Joining the Dots in Online Trading: iFX EXPO Asia 2024

Joining the Dots in Online Trading: iFX EXPO Asia 2024

FXMAG Team FXMAG Team 26.08.2024 13:16
This September all roads lead to Bangkok, where the entire online trading industry gathers in one place. Asia-Pacific (APAC) is one of the world’s fastest growing online trading markets.1 As it continues to grow, Asia’s trading software market is expected to hit a staggering $19.68 billion by 2031, expanding at a CAGR 7.84% between 2024 - 2031.2 In this context, iFX EXPO Asia 2024 presents itself as a launching board for industry players looking to expand in the region. As the start of Asia’s largest B2B online trading expo approaches, the industry is brimming with excitement. Some of the largest players, including FXGT, Equiti Capital, Peska, B2Broker, Libertex, Match-Prime, Acuity, MC Markets, and FundersPro will be there to showcase their advanced trading technologies and solutions. Taking place between 16 - 18 September, iFX EXPO Asia 2024 promises 2+ days of exclusive networking and a chance to reflect on the latest industry trends, challenges and opportunities. C-level executives and thought leaders from top online trading firms and fintechs will tackle these and other hot topics head-on.   Networking to begin with The Official Welcome Party will mark the start of the expo in style. Held on September 16, at CentralWorld’s Centara Grand & Bangkok Convention Centre, this networking evening adds a much-needed spark of glamour to the business talks.  Participants will be able to warm up before the main event as they connect with existing and new potential partners, exchanging ideas and discovering new growth avenues. You just can’t miss this! Register now to save your spot. Apart from the Welcome Party, iFX EXPO Asia 2024 will offer plenty of networking opportunities over the course of the two days. Strategically placed around the exhibition centre, the Networking Lounges will offer attendees an exclusive space to discuss and catch up on essential areas of business. The Night Party will mark the end of the 1st day of the exhibition. Taking place at the TRIBE Sky Beach Club, the informal gathering will allow the distinguished attendees to relax, connect at a deeper level while enjoying the enticing atmosphere.   The exhibition The epicentre of iFX EXPO Asia 2024 will be the expo floor. With more than 3.5K delegates from 1.6K+ companies in attendance, this year’s edition promises to be the largest yet. Booths from big fintech and online trading brands will dot the exhibition hall.  Free to attend, the expo will offer visitors the privilege to familiarise themselves with the latest technologies, covering the whole spectrum of broker-specific solutions, from trading platforms to CRM and liquidity, regtech, paytech, as well as marketing automation and affiliate management tools.  Introducing Brokers (IBs) and Affiliates will have the opportunity to meet top brokers face-to-face and identify the right partnership programmes for their business. By uniting all the key stakeholders in the online trading industry, the expo is the place to be for everyone in FX as they look to expand their network, find new partners, and identify lucrative opportunities across Asia’s financial markets.    The conference iFX EXPO Asia 2024 presents itself as an ideal arena for high-level industry debate featuring renowned FX and fintech professionals. Over 100 speakers are expected to shed light on some of the most pressing subject matters. Mona Zoet (RegPac Revolution), Rahul Mahajan (Negarro), Otakar Suffner (FTMO), Kamalika Poddar (LXME), Penny Chai (Sumsub), Muneeb Khan (Kraken), Andrew Lane (Acuity), and many other renowned speakers will take the stage at the Speaker Hall and Idea Hub. Some of the topics they will address include: Crypto in Asia: The World is Watching Asia’s Rise: Serving Prop-Trading Potential IBs & Affiliates for Successful Business Development Exclusive Startup Guide: The Funding Game And so many more   Accommodation at discounted rates! The Centara Grand & Bangkok Convention Centre at CentralWorld is iFX EXPO Asia’s official hotel partner. This means that you can book your stay at the same hotel hosting the expo. Special rates are also available for stays between September 14 - 19, 2024. As the number of rooms is limited, we encourage you to act fast. Book your stay now and benefit from a discounted rate!   Your PASSway to Asia As highlighted above, iFX EXPO Asia 2024 is free to attend. This opens a world of opportunities for anyone interested to expand their network in Asia, connect with key stakeholders and form lasting partnerships. To skip the waiting line, you can register for a Free Pass here.  The Pass gives you access to: 2+ days to connect with 130+ exhibitors 27+ speaker sessions and Q&As over 2 stages The iconic Welcome & Night Parties  Networking opportunities + the iFX EXPO Asia app Interested? Asia awaits; don’t miss the chance to stand out!   References Mordor Intelligence. Online Trading Platform Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029). Available from https://www.mordorintelligence.com/industry-reports/online-trading-platform-market  Strategic ScoutNet (2024). Asia-Pacific Brokerage Trading Platforms Software Market Growth Projections. LinkedIn article. Available from https://www.linkedin.com/pulse/asia-pacific-brokerage-trading-platforms-software-market-uuhsf/?trk=organization_guest_main-feed-card_feed-article-content 
iFX EXPO Asia 2024: The Ultimate Online Trading Event in Bangkok

iFX EXPO Asia 2024: The Ultimate Online Trading Event in Bangkok

FXMAG Team FXMAG Team 26.08.2024 13:15
iFX EXPO Asia 2024 is heading back to Thailand for 2+ days of B2B networking at the world’s leading online trading event. Excitement is building for this year’s iFX EXPO Asia 2024 as the leading online trading expo returns to the bustling city of Bangkok for the third time.  iFX EXPO Asia 2024, the world’s premier online trading B2B event, is heading back to Bangkok, bringing together 3,500+ industry leaders, experts, and professionals from 1,600+ companies around the world for 2+ days of networking, knowledge sharing, and business opportunities. Scheduled to take place between 16-18 September, 2024, at the prestigious Centara Grand & Bangkok Convention Centre, this year’s expo promises to be one of the largest and most successful events of its kind ever to be held in the Thai capital. Known for its vibrant economy and thriving fintech ecosystem, Thailand provides an ideal backdrop for this prominent event, with the country’s digital assets market projected to experience a revenue growth of 15.75% in 2025.* Excitement is already starting to build ahead of the showpiece exhibition, with the launch of the iFX EXPO Asia 2024 website officially kick starting the countdown to day one.    The place to do business  With the great and good from the world of online trading set to converge on Bangkok, iFX EXPO Asia 2024 is the must-attend event for brokers, IBs, PSPs, liquidity providers, tech companies, and other fintech-related businesses.  Around 130+ exhibitors from 120+ countries will be in attendance, as leading lights from the industry join together under one roof to highlight their range of products and services to a truly diverse and engaged audience.  It represents the ultimate online trading hub where deals are made between key market players and like-minded professionals. Having grown into a gold standard event garnering a strong reputation within the industry, iFX EXPO Asia provides every individual with the chance to network, exchange ideas, expand their business and explore exciting new possibilities.   Stand out from the crowd As one of the major gatherings on the calendar for 2024, iFX EXPO Asia is the prime destination where forex and fintech companies showcase their products and services on a major scale.  Businesses can take full advantage of the prestige associated with the event by becoming an official exhibitor. Through booking a booth, companies are able to showcase their expertise and products, increase brand recognition, and generate new leads. Previous exhibitors include MetaQuotes, Solitics, cTrader, AdRoll, Deriv, ZuluTrade, to name but a few. Meanwhile, there are also numerous sponsorship opportunities available for those businesses looking to shine a brighter spotlight on their brands. Last year, XS.com, OpixTech, Equiti Capital, UEZ Markets, along with various other companies made full use of the sponsorship benefits on offer at iFX EXPO Asia. For interested parties who are looking to stand out from the competition, please visit this link for exhibitor and sponsorship enquiries.   Exclusive access to unmatched content The 2024 edition of iFX EXPO Asia is not simply a networking hub, it also offers up a whole host of informative and insightful content, with 13+ hours of speaker sessions and panel discussions spread across two stages, Speaker Hall and Idea Hub, featuring a lineup of some of the most influential experts and visionary thinkers from across the industry.   Last year’s expo saw so many insightful exchanges with key takeaways from every session. Popular talks included: “The Asian Century: Tech Trends In Online Trading”, “The Art of Gen Z: The Future of Brokerage” and “The Golden Hashtag: Affiliate Marketing in Asia”.    With the speaker sessions set to return bigger and better than before, the event organisers are on the lookout for individuals keen to share their expertise, either as a speaker or as part of a panel group. For more information, please click here.   Stay tuned for more details  Keep up to date with all the latest information about iFX EXPO Asia 2024 in the lead up to the event. Don’t forget to check the iFX EXPO social media channels for exciting announcements as Bangkok gears up for one of Asia’s most successful ever B2B online trading expos. Visit the dedicated Facebook, Instagram and LinkedIn pages for regular updates.       
How Generational and Cognitive Diversity Improves Team Performance: Insights from an HR Expert

How Generational and Cognitive Diversity Improves Team Performance: Insights from an HR Expert

FXMAG Team FXMAG Team 22.08.2024 12:03
‘Mind the gap’ is not just a phrase you hear on the London Underground; it is also a reminder of the importance of diversity in the workplace. Employees from different generations often see job roles in unique ways. Anuka Surmanidze, HR Business Partner at SOFTSWISS Managed Services, explains how embracing cognitive diversity can help us better understand Generation Z's and Millennials' work preferences. By 2030, these groups are expected to make up about 58% of the adult population as more young people enter the workforce. Understanding Cognitive Diversity Cognitive diversity is how people think, process information, and solve problems. It highlights how each person’s unique thinking adds something valuable to a team. When a group approaches challenges from various perspectives, they are more likely to develop creative and practical solutions. This blend of different thinking styles sparks fresh ideas and boosts productivity and innovation. In short, a team with diverse problem-solving approaches can find the right solutions faster and more efficiently.  Ned Herrmann's Whole Brain® Thinking Ned Herrmann's Whole Brain® Thinking is a model that helps teams understand and take advantage of different thinking styles. Herrmann’s concept is based on the idea that people typically favour one of four distinct thinking styles, each linked to various brain areas. By effectively recognising and using these styles, teams can improve their problem-solving abilities, communication, and overall performance. Analytical Thinking (A Quadrant): This style is about logic and data. Analytical thinkers love details and use facts to solve problems in a structured way. Practical Thinking (B Quadrant): Practical thinkers focus on getting things done efficiently. They plan, organise, and aim for precise results, keeping everyone on track. Relational Thinking (C Quadrant): Relational thinkers excel at connecting with others. They are empathetic and great at building strong, collaborative teams. Innovative Thinking (D Quadrant): Innovative thinkers are the idea generators. They love creativity and thrive on exploring new possibilities. By understanding and appreciating these different thinking styles through the Whole Brain® Thinking model, you can enhance teamwork, problem-solving, and innovation within your team.       Generational Cognitive Diversity: Shaping the Workplace Across Ages Diversity means different things to different generations, and as each has grown, their views have changed how we see society and work. "Everyone you meet knows something you don’t." – Bill Nye Generational diversity is about the unique attitudes, behaviours, and values from different life experiences. These differences shape how each generation approaches work and social issues. Baby Boomers (1946–1964)Baby Boomers saw the start of workplace diversity efforts, focusing on gender equality and opening doors for a more inclusive environment. Generation X (1965–1980)Gen X prioritised work-life balance and flexibility, broadening diversity discussions to include various work styles and arrangements. Millennials (1981–1996)Millennials have pushed diversity further, advocating for inclusivity across race, gender, sexuality, and disability, driving more comprehensive workplace inclusion programs.     At SOFTSWISS, millennials form the team's core, with the average manager being 33 years old and most employees around 30. This generational influence shapes much of the company’s culture and values. Millennials, who grew up playing games like Super Mario, are used to getting quick rewards and feedback. In these games, finishing a level comes with instant perks like points or extra lives, giving a sense of accomplishment that keeps players engaged. This desire for immediate feedback is something to remember when communicating with this group. Generation Z (1997–2012) Generation Z, born between 1997 and 2012, has grown up in a world where they are always connected. Constant exposure to different cultures and perspectives online has given them a broad understanding of diversity, which they view as more than just a mix of nationalities. For Gen Z, diversity includes different ways of thinking, varied skills, and unique experiences. As true digital natives, they are skilled multitaskers who quickly adapt to new tech.  Understanding that everyone approaches tasks differently – and seeing these differences as strengths rather than obstacles – can help us learn from each other and grow together.  
Safety First: How Fintech Leaders Protect Their Users

Safety First: How Fintech Leaders Protect Their Users

FXMAG Team FXMAG Team 20.08.2024 10:40
With Digital Fraud on the Rise, Top Fintech Providers Step Up to Ensure Client Security In recent years, fintech has revolutionized the way we manage our finances. From instant digital payments and online banking to cryptocurrency trading, fintech has made financial transactions faster, more convenient, and more accessible than ever before. However, this digital revolution comes with a downside. In the wrong hands, even the most beneficial instruments can be used for malicious purposes. While most users adopt new financial technologies to simplify their lives, others exploit these innovations for fraudulent practices. For example, in 2023, about $22.2 billion worth of cryptocurrency was sent to illicit addresses, a clear scheme of money laundering. Cryptocurrency is just one component of fintech; other elements like P2P digital payments and online banking significantly increase these numbers. Fintech Providers Face Security Challenges Under these conditions, top fintech providers face a dual challenge: offering competitive financial services while ensuring high-level protection for their clients. The industry’s leaders are now in a heated race to implement the most effective anti-fraud and anti-money laundering (AML) measures. B2B fintech solution providers demonstrate the highest dedication to security. Unlike other businesses focusing on specific financial services, B2B solution providers create comprehensive ecosystems relied upon by other organizations. With such responsibility, enhanced safety measures are crucial to protect both their operations and those of their clients. Fintech360 Leading the Fintech Solutions Race A prime example of a fintech solution provider committed to security is Fintech360. This company’s responsible approach to transaction and data safety sets it apart as a leader in the field. Fintech360 is renowned for its high-quality B2B services provided to regulated brokers, including CRM systems, payment gateways, business intelligence tools, trading platforms, and more. Fintech360’s mission goes beyond profit-making; it aims to revolutionize the brokerage industry with innovative omni-channel solutions. The company focuses on achieving the highest efficiency while keeping its trading platforms simple and user-friendly, available for both iOS and Android. How Fintech360 Ensures Client Protection Fintech360 is a blueprint for B2B fintech solutions providers, both in the quality of its services and the security measures it takes to protect its clients. The company’s security system relies on a multi-layered, cloud-based infrastructure that ensures the highest level of data safety. It meets the latest industry standards, employing advanced security tools to protect sensitive information and prevent fraudulent practices. Major safety measures employed by Fintech360 include Rest API encrypted protocols and disc encryption at rest, ensuring secure data storage and transfer. Given the volume of data handled, this aspect cannot be overestimated. Other security measures include Data Loss Prevention (DLP) services, comprehensive security logs, a permission-based platform structure, and automatic security monitoring tools. Additionally, the company utilizes two-factor authentication (2FA) for both B2B clients and internal users. Fintech360 Teams Up with FUGU for Enhanced Security Despite its robust internal security measures, Fintech360 recognizes the value of third-party support in covering global, strategically important elements like anti-fraud and AML. To this end, Fintech360 has partnered with FUGU, a leading provider of payment fraud detection software known for its innovative approach to digital safety. FUGU’s post-checkout verification system allows parties to confidently accept transactions while minimizing the risk of false declines, a common method of fraud. Using constant transaction monitoring, pattern analysis, and AI tools, FUGU effectively combats various fraud models, including stolen identities, account takeovers, and friendly fraud. In terms of AML, FUGU excels with customer due diligence (CDD) and know your customer (KYC) procedures, ensuring thorough vetting of platform clients and preventing onboarding of individuals involved in money laundering. FUGU’s transaction monitoring mechanisms detect suspicious patterns and eradicate potential money laundering operations without manual involvement. Setting an Industry Safety Example Fintech360's collaboration with FUGU represents a significant step towards even greater digital security in fintech. This partnership highlights the importance of a comprehensive approach to digital security, covering all crucial elements. Today, fintech providers emphasize protecting customer data and funds, recognizing the critical nature of these issues. However, they must not overlook anti-fraud and AML measures as essential components of their security infrastructure. By teaming up with FUGU, Fintech360 solidified its position as a leader in fintech security. This partnership serves as a noteworthy example for other companies, demonstrating that to be the best, you should collaborate with the best. This statement holds true for both Fintech360 and FUGU.
PEXX Announces Strategic Acquisition of Chain Debrief

PEXX Announces Strategic Acquisition of Chain Debrief

FXMAG Team FXMAG Team 20.08.2024 08:44
Singapore, Singapore, August 20th, 2024, Chainwire   PEXX, an innovative fintech startup specialising in stablecoin cross-border payments, is excited to announce the acquisition of Singapore-based blockchain media platform, Chain Debrief for an undisclosed amount, following its successful raise of $4.5 million led by TNB Aura and ANTLER. This strategic move aligns with PEXX’s commitment to expanding its footprint and fostering deeper engagement within the global blockchain community. "The acquisition of Chain Debrief represents a significant milestone in PEXX's journey to revolutionise the global financial landscape. By integrating Chain Debrief's rich content and community insights, we are not only enhancing our platform but also empowering our users with the knowledge and tools they need to navigate the complex world of blockchain and cryptocurrencies. This strategic move underscores our commitment to expanding our influence and fostering greater engagement within the Southeast Asian blockchain ecosystem, while staying true to our mission of making cross-border payments fast, affordable, and accessible to all." — Marcus Lim, CEO of PEXX Through this acquisition, PEXX plans to enrich its platform by integrating Chain Debrief’s extensive library of content including articles, tutorials, and expert analyses directly into the PEXX user experience. This will provide users with easy access to the latest information on blockchain technology, cryptocurrencies, and regulatory developments to aid them in making informed decisions. Additionally, the acquisition of Chain Debrief serves as a vital channel for PEXX to enhance its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of crypto education, PEXX will provide users with the resources needed to navigate the rapidly evolving world of cryptocurrency. This move also supports PEXX’s broader vision of encouraging crypto investment and adoption across the region. "We've always been passionate about educating and empowering our community with the latest in blockchain and crypto. Now, with PEXX's innovative approach to cross-border payments and their commitment to expanding financial access, we have the opportunity to bring our content and insights to an even broader audience. " — Jacky Yap , Founder of Chain Debrief As PEXX continues to grow and expand its offerings, the acquisition of Chain Debrief represents a significant milestone in its journey. The company remains committed to its mission in providing fast and affordable cross-border payment transfers, while also contributing to the wider blockchain ecosystem through education and thought leadership. About PEXX PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies directly into bank accounts. PEXX's innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making global money transfers seamless and efficient. Users can stay connected with PEXX: https://linktr.ee/pexxme  
Comprehensive Overview of Profit Masters: Services, Offerings, and Security Measures

Comprehensive Overview of Profit Masters: Services, Offerings, and Security Measures

FXMAG Team FXMAG Team 19.08.2024 08:12
Profit Masters is a UK-based advisory and training company that offers a wide range of investment services, specializing in personalized brokerage matching and comprehensive financial guidance. “Linking investors with top-performing brokerage firms is our mission at Profit Masters. We thoroughly investigate all brokers to ensure they are legitimate, safe, beginner-friendly, and offer easy access for depositing and withdrawing funds. Our goal is to connect new investors with the best brokerage match for their financial needs.” - commented ProfitMarkets representatives     Established to support both novice and seasoned investors, the company aims to foster financial literacy and successful investment strategies. Profit Masters leverages advanced tools and a stringent vetting process to ensure that clients are paired with reputable and high-performing brokerage firms, providing a secure and effective trading experience.       Services and Offerings  Personalized Brokerage Matching At the core of Profit Masters' services is the personalized brokerage matching system. This feature connects investors with brokerage firms that align with their specific investment styles and goals. The company employs a rigorous selection process, approving only 2 out of 5 brokerage requests to ensure the highest standards of security, integrity, and compliance are met. This process is crucial for investors looking to navigate the complex landscape of financial markets, including stocks, bonds, ETFs, commodities, and cryptocurrencies. Educational Resources and Investment Guidance Profit Masters offers extensive educational materials designed to demystify market fundamentals and investment strategies. This foundational knowledge is critical for building a robust investment portfolio and making informed decisions. Additionally, the platform provides personal guidance from investment experts, helping investors make better financial decisions and optimize their portfolio management. Account Activation and Support The platform emphasizes ease of access, providing a straightforward account activation process. New users are guided through initial consultations to assess their investment preferences, followed by the matching with an appropriate brokerage. Profit Masters also offers a welcome bonus of up to $200 for new accounts, further incentivizing the start of the investment journey. Advanced Trading Tools Profit Masters equips its users with cutting-edge trading tools, including live crypto signals and automated trading features. These tools are designed to enhance trading efficiency and performance, catering to the needs of both beginner and experienced traders​.   Open your account and receive up to $200 free trade in crypto assets Profit Masters offers a compelling incentive for new investors opening an account by providing additional trading credits for investments in crypto assets. The promotion is structured as follows: when a user invests $500, they receive an extra $50 for trading; investing $1000 yields an additional $100; and a $2000 investment grants an extra $200. This offer serves as a significant boost for traders looking to start or expand their trading endeavors, providing them with more funds to utilize within the platform. The extra trading credits can enhance the potential for returns by allowing users to explore more significant investment opportunities without additional initial capital​.     Security and Data Protection Profit Masters prioritizes the safety and privacy of its clients. The company uses advanced encryption techniques and robust cybersecurity measures to protect personal and financial information. It operates with a high degree of transparency and accountability, adhering to strict data protection guidelines. This commitment to security is a key aspect of Profit Masters' reputation, helping to build trust among its user base​. Profit Masters stands out in the financial advisory space by offering a holistic approach to investment. The platform's comprehensive services, from personalized brokerage matching to advanced educational resources, provide a solid foundation for investors looking to navigate the financial markets successfully.  With a focus on security, transparency, and customer satisfaction, Profit Masters continues to be a reliable partner for investors worldwide.  
Commentary on BTC breaking $62,000

Commentary on BTC breaking $62,000

FXMAG Team FXMAG Team 12.08.2024 14:24
BTC breaking above $62,000 does not necessarily indicate that the market is starting to rebound or recover. Yesterday, several positive news developments influenced market trends: Macroeconomic Data: The U.S. Department of Labor released the jobless claims data for the week, which came in lower than expected. This alleviated some concerns about a U.S. economic recession, leading to a slight rebound in the U.S. stock market. Cryptocurrency-Related News: According to TASS, Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia. The law introduces new concepts, including digital currency mining, mining pools, mining infrastructure operators, address identifiers, and individuals organizing mining pool activities. Cointelegraph reported, citing informed sources, that Morgan Stanley, the largest wealth management firm in the U.S., authorized its 15,000 financial advisors to start recommending Bitcoin exchange-traded funds (ETFs) to clients beginning on August 7th. While these market developments have further driven the market rebound, the trading data reveals that during this oversold rebound, the overall Bitcoin holdings did not show a significant increase. As prices rebounded, the holdings continued to decrease, indicating that the price rebound was caused by short covering. This type of holding structure cannot support a full market reversal or recovery.   In addtion, The news that Brazil has approved the world's first Solana spot ETF has indeed had a positive impact on Solana's price, providing some support for the short-term rise in SOL's    Ryan Lee, Chief Analyst at Bitget Research
Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

FXMAG Team FXMAG Team 07.08.2024 20:00
Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain Willemstad, Curacao, August 9th, 2024, Chainwire   Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard. In an X post, Mario Mosböck stated the pair’s ‘mission is to guide the new leadership group to build the world’s best online poker site.’ Users can read CoinPoker’s proof of reserves report here. Building A Top Online Poker Site With Cryptocurrency Founded in 2017, CoinPoker is a relatively new crypto poker room and casino, but increasingly ranked among the top online poker sites by the likes of Card Player Magazine, PokerScout and Techopedia. Unlike conventional internet poker sites that use fiat currency, on CoinPoker players bet with Tether (USDT) and the site is able to take advantage of the blockchain to show user funds are safe and segregated.  Online poker was rocked by the Full Tilt Poker scandal in 2011, in which user funds were co-mingled with operating funds, and the company went insolvent in the industry’s ‘Black Friday’. Many top poker sites increasingly accept cryptocurrencies as a deposit method, but CoinPoker is among a small and growing contingent to go ‘all in’ and embrace it for all actions at the poker table. Players can deposit USDT, Bitcoin, Ethereum, Solana, Polygon, Binance Coin or its own native token CHP which unlocks 33% rakeback for holders.       For added security, CoinPoker also makes use of Fireblocks vaults and a decentralized RNG (random number generator) software that players can verify the randomness of after every hand, utilizing Ethereum’s Keccak-256 algorithm.   CoinPoker Sign Mario Mosböck, Patrick ‘Pads’ Leonard 28 year old Mario Mosböck, who played as a forward for Austrian Football club Wiener Neustädter SC, recently made a name for himself on the live and online poker scene. He now has over $11.7 million in recorded live tournament earnings, including a first place finish at the Triton Super High Roller Series in Jeju for $1.1 million, and a runner-up finish at the 2023 WPT Big One for One Drop for $4.6 million. Source - triton-series.com Mario players under the screenname ‘livinmydream’ on CoinPoker, often seen in high stakes battles in $25/$50 PLO cash games and higher. Patrick Leonard is a former PartyPoker ambassador and currently ranked 38th on the England all time money list by the Hendon Mob poker database. His total live earnings exceed $3.1 million - including a WSOP bracelet win - and his online earnings of over $19.2 million have seen the 35 year old often rated among the best online MTT players in the world. https://x.com/padspoker/status/1821575144504172892 Also a highly regarded poker coach, Patrick mentors mid stakes players to improve their games, with some of the grinders under his wing going on to win EPT, WCOOP and SCOOP events. He describes his goal at CoinPoker to help ‘create the safest and best online poker room in the world’ and worked alongside the site to produce its proof of reserves report. Proof of Reserves on the Blockchain On its PoR report, CoinPoker writes: ‘CoinPoker prioritizes customer security and peace of mind. Our operations are safeguarded by a Curaçao eGaming License, ensuring compliance with strict regulatory standards. We demonstrate our financial integrity through Proof of Reserves, holding sufficient funds to cover all user assets. Proof of Reserves refers to the assets we hold in custody for users when they deposit funds into their accounts.  Here we provide proof that CoinPoker has funds held in reserve to cover all of our users' assets 1:1, as well as some additional reserves. It's important to note that this sum of funds refers only to users' funds. CoinPoker's corporate holdings, which are stored in wallets completely separately, are not factored into the proof of reserves calculations.’ At this time, CoinPoker customer deposits total approximately $16 million, and the total assets held in reserve to cover those is just under $16.75 million, equal to 105% of deposits. The exact amount of player deposits is updated dynamically every few minutes on the coinpoker.com website. Links are provided to view those funds on the blockchain via etherscan.io, blockchain.com, bscscan.com, and other crypto tracking sites depending on the token. The majority of funds are held in cold storage for security, with some in hot wallets to process instant withdrawals - players can deposit and withdraw funds within minutes via a MetaMask wallet or a crypto exchange account. To celebrate releasing the report, CoinPoker also announced an exclusive promotion for players to gain free entry into the upcoming $40k GTD Sunday Special tournament, on the company's Instagram and other socials. About CoinPoker Licensed in Curaçao, CoinPoker is available for free download on Windows and Android devices, hosting No Limit Hold’em, Pot Limit Omaha and other game types across real money cash game and tournament formats.  New players earn a 150% up to 2000 USDT matching bonus on their first deposit, and holders of the site’s native cryptocurrency CHP earn 33% rakeback on their play. Users can open a Coinpoker account here. Links Website - https://coinpoker.com/  Instagram - https://www.instagram.com/coinpoker/  Twitter - https://x.com/CoinPoker_OFF  Telegram - https://t.me/OfficialCoinPokerAnnouncements  YouTube - https://www.youtube.com/@CoinPoker_TV  Reddit - https://www.reddit.com/r/coinpoker/  2+2 - https://forumserver.twoplustwo.com/292/online-poker-sites/coinpoker-ex-official-bringing-game-back-players-1716591/  This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The author(s) and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article. Reliance on any information provided in this article is solely at your own risk.   Contact CoinPoker support@coinpoker.com  
Hedging Made Easy: How Dedicated Multi-Currency Accounts Protect from Price Fluctuations

Hedging Made Easy: How Dedicated Multi-Currency Accounts Protect from Price Fluctuations

FXMAG Team FXMAG Team 05.08.2024 12:34
While Forex hedging used to be an advanced financial strategy by global corporations, modern FinTech providers have enabled all types of companies with global exposure to mitigate and even nullify the risk of currency fluctuations. With multi-currency accounts, business debit cards and advanced currency hedging options such as forward contracts and limit orders, companies of all sizes are now able to easily set up thorough hedging strategies and improve their cashflow management. What is a multi-currency account? A multi-currency account allows users to hold and manage multiple currencies on a single account to avoid foreign exchange rate fluctuations by holding the desired currencies directly. This is particularly beneficial for international transactions, as users can make and receive payments in different currencies without the need for immediate conversion, thereby avoiding unfavourable FX rates. If the multi-currency account offers hedging options, users are even able to engage in forward contracts, which are agreements to buy or sell a currency at a predetermined rate on a future date. These contracts allow users to lock in exchange rates and protect against currency volatility. Even better: Some providers offer access to local payment schemes, which means that companies all over the world can use networks such as SEPA for the Eurozone or ACH for the US-market instead of the costly SWIFT network. Therefore, by choosing the right FinTech provider, companies now have much more options to reduce the risks and costs associated with global trade. Advantages of a multi-currency account with hedging functions New FinTech providers offer advanced currency hedging functions, which even traditional banks can’t compete with in terms of accessibility and useability.   Intuitiv self-serving hedging options This feature allows users to independently manage their currency risks online. With just a few clicks, users can enter into forward contracts to lock in exchange rates for future transactions. These tools are available 24/7, providing a flexible and convenient way to manage financial risks. However, it is important to note that not all FinTech providers offer these advanced hedging options. Companies should carefully research their provider to ensure that all necessary features and services are available.     Transparent FX margins and forward points Self-serving options and transparency go hand in hand. A certain level of transparency ensures that users can see exactly what they are being charged for forward contracts with respective currency pairs and value dates. Modern FinTech providers offer a clear and straightforward interface that enables account holders to make informed decisions about their transactions and hedging strategies.   Flexible forward contracts Flexible forward contracts offer the possibility to adjust value dates with just a few clicks, providing greater control over their financial planning. If needed, account holders can easily change the settlement dates of their contracts or conduct partial drawdowns to utilise only a portion of the contract value at a time. This flexibility ensures that users can tailor their hedging strategies to their specific needs.   No minimum hedging requirements Unlike traditional financial institutions that often impose high entry barriers, multi-currency accounts with no minimum hedging thresholds even allow SMEs to manage their currency risks effectively without the need for large capital commitments. By offering flexible and user-friendly currency hedging options, these accounts empower SMEs to adopt sophisticated financial strategies that were previously reserved for larger corporations only.     Improved cashflow management Some multi-currency accounts integrate with accounting software and automate tasks such as transaction recording, currency conversion, and financial reporting. This reduces the administrative burden and minimises manual errors. By leveraging cash management automation, businesses can optimise their cashflow management, enhance efficiency, and digitise their processes instead of manual financial administration.     Swiss FinTech provider amnis offers multi-currency accounts with advanced hedging options amnis is a Swiss Fintech provider that offers access to a financial ecosystem, which includes all the features needed to decrease costs and risks associated with currency fluctuation. The multi-currency account with optional business debit cards holds over 40 foreign currencies and even offers interest balance cashback payments on idle funds. With amnis’ intuitive interface, companies can actively hedge against fluctuations of major currency pairs through forward contracts. Moreover, companies no longer need the costly SWIFT network, as they gain access to payment networks in the UK, US, CH and EU for free local payments and collections, no matter where they are located. The Starter package is already available at 0 EUR and provides access to the entire ecosystem.      
Prime XBT - Is It Worth Opening an Account and Trading Cryptocurrencies? Prime XBT Review

Prime XBT - Is It Worth Opening an Account and Trading Cryptocurrencies? Prime XBT Review

FXMAG Team FXMAG Team 19.07.2024 12:47
PrimeXBT is an advanced trading platform offering a wide range of financial services, including cryptocurrency trading, forex, stock indices, and commodities. The company has gained popularity due to its innovative solutions, competitive fees, and social features such as copy trading. In this article, we will take a closer look at the history of PrimeXBT, its management, the products and services offered, costs and commissions, trading platforms, and security. We will also discuss the availability of PrimeXBT services in Poland, the account opening process, and user opinions. OPEN AN ACCOUNT    What is Prime XBT? History of Prime XBT PrimeXBT was founded in 2018 and is headquartered in the Seychelles. Since its inception, the company has quickly gained recognition in the cryptocurrency and financial markets due to its innovative solutions and focus on user needs. The company started operations in response to the growing demand for trading platforms that offer advanced tools and low transaction costs. PrimeXBT stands out from the competition by offering leverage trading up to 1:1000 for cryptocurrencies, one of the highest available on the market.   Services and Products Offered by Prime XBT PrimeXBT is a trading platform offering a wide range of services related to cryptocurrency trading. It allows users to trade the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others. The platform is distinguished by high liquidity and low transaction fees, making it attractive to both beginner and advanced traders. Cryptocurrencies PrimeXBT is particularly known for offering cryptocurrency trading. The platform enables trading of popular cryptocurrencies such as: Bitcoin (BTC) Ethereum (ETH) Litecoin (LTC) Ripple (XRP) EOS Cryptocurrency trading is conducted with leverage up to 1:100. The platform also offers advanced technical analysis tools, such as technical indicators, charts, and market analysis tools. Features and Tools for Cryptocurrency Trading PrimeXBT offers advanced trading tools such as leverage up to 100x on cryptocurrencies, allowing users to maximize profits. The platform also has a copy trading option, where less experienced traders can follow the moves of more experienced investors. Additionally, users have access to numerous technical analysis indicators, charts, and risk management tools. Security and Support in Cryptocurrency Trading PrimeXBT places a strong emphasis on the security of users' funds, employing advanced protection protocols such as 2FA (two-factor authentication) and a cold storage system for storing cryptocurrencies. The platform also offers 24/7 support for its users, providing assistance through various communication channels, including live chat and email. Benefits for Users Trading Cryptocurrencies With low transaction fees, high liquidity, and advanced trading tools, PrimeXBT is an attractive option for cryptocurrency traders. The ability to trade with leverage and the copy trading option further enhance profit potential and facilitate trading for both new and experienced users.   OPEN AN ACCOUNT    Forex PrimeXBT allows trading on the forex market, offering access to over 50 currency pairs. Major currency pairs include: EUR/USD GBP/USD USD/JPY USD/CHF Forex trading is conducted with leverage up to 1:1000, allowing for the maximization of potential profits with minimal initial capital. Stock Indices The platform also offers trading CFDs on major stock indices such as: S&P 500 NASDAQ 100 Dow Jones Industrial Average FTSE 100 DAX 30 The leverage for stock indices is up to 1:100, allowing for increased market exposure with limited capital. Commodities PrimeXBT enables trading CFDs on various commodities, including gold, silver, crude oil (WTI and Brent), and natural gas. Copy Trading One of the unique products offered by PrimeXBT is the copy trading feature, known as Covesting. This feature allows users to automatically copy the trades of experienced traders, which is particularly beneficial for novice investors.   Technical Analysis Tools PrimeXBT offers advanced technical analysis tools that help traders make informed trading decisions. Available tools include: Over 50 technical indicators. Drawing and chart analysis tools. Advanced charts with customization options to meet individual needs. Mobile Trading App PrimeXBT offers a mobile trading app that allows users to trade on financial markets from anywhere. The app is available for iOS and Android devices and offers full functionality of the web platform, including access to all financial instruments and technical analysis tools.   Trading Fees, Costs, and Charges at Prime XBT PrimeXBT offers competitive transaction fees, which are a significant draw for both novice and experienced traders. Below is a detailed overview of the fees and commissions associated with using the PrimeXBT platform. Transaction Fees PrimeXBT applies fixed transaction fees, which vary depending on the type of financial instrument. InstrumentTransaction Fee Cryptocurrencies 0.05% Forex 0.0001% Stock Indices 0.05% Commodities 0.05% Financing Costs (Swaps) PrimeXBT charges financing costs for holding positions overnight. These fees vary depending on the instrument and position (long or short). InstrumentFinancing Cost/Day BTC/USD (Long) 0.194% BTC/USD (Short) 0.194% ETH/USD (Long) 0.194% ETH/USD (Short) 0.194% ETH/BTC (Long) 0.194% ETH/BTC (Short) 0.194% Prime XBT Trading Platforms PrimeXBT offers its users advanced trading platforms that cater to both novice and experienced traders. The company focuses on its technological solutions that provide full functionality and ease of use.   OPEN AN ACCOUNT    No Support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) Web Trading Platform PrimeXBT offers its main trading platform in a web version, meaning there is no need to download and install additional software. Features: Over 50 technical indicators for market analysis. Advanced drawing and chart analysis tools. Customizable interface to meet individual user needs. Advantages: Fast and intuitive operation. Accessible from any device with internet access.   Mobile Trading App PrimeXBT also offers a mobile trading app that allows users to trade on financial markets from anywhere. Features: Access to all financial instruments available on the web platform. Full functionality of technical analysis tools. Intuitive interface tailored to mobile devices. Advantages: Mobility and convenience. Available for iOS and Android systems. Covesting - Social Trading Feature PrimeXBT also offers a unique Covesting feature that allows users to copy the trades of experienced traders. This feature enables investors to easily follow the trading strategies of the best traders on the platform, which is particularly beneficial for novice investors.   Regulations, Licenses, and Security of Prime XBT PrimeXBT Trading Services LLC is registered in St. Vincent and the Grenadines under registration number 222LLC2019. Prime Technology Ltd is registered in the Seychelles under registration number 217308.   Prime XBT in Poland - Service, Currencies PrimeXBT serves clients from Poland, offering the platform in English and support for major currencies such as USD, EUR, GBP, and PLN. Clients can make deposits using credit cards, bank transfers, and cryptocurrencies.   OPEN AN ACCOUNT      Contact and Headquarters of Prime XBT Contacting Customer Support You can contact the PrimeXBT customer support team via email: support@help.primexbt.com. The customer support team responds to inquiries and helps resolve technical and trading issues. Live Chat After creating an account on the platform, users have access to the live chat feature, which is available 24/7. This feature allows for quick and direct assistance in real time. Social Media PrimeXBT is active on various social media platforms such as: Facebook Twitter Instagram Headquarters Prime XBT Trading Services LLC is registered in St. Vincent and the Grenadines under registration number 222LLC2019. This location does not require a license to provide financial services, allowing the company to operate flexibly in international markets. Prime Technology Ltd is registered in the Seychelles under registration number 217308. The Seychelles are known for their friendly regulations for companies operating in the financial sector.   How to Open an Account with Prime XBT? Step 1: Registration and Verification Visit PrimeXBT Website Go to the official PrimeXBT website. Click "Sign Up" On the main page, click the "Sign Up" button. Enter Your Details Enter basic information such as: Email address Password Check that you accept the terms of use and privacy policy. Confirm Registration Click the "Sign Up" button. Check your email inbox to confirm the registration by clicking the activation link sent by PrimeXBT. Step 2: Logging In and Configuring the Account Log In After confirming registration, log in to your account using your email address and password. Account Configuration After logging in, you can go to account settings to configure additional security options such as two-factor authentication (2FA).   OPEN AN ACCOUNT    Advantages and Disadvantages of Prime XBT Advantages Competitive transaction fees. Wide range of financial instruments. Copy trading feature. High leverage. Disadvantages Limited educational offerings. Potentially high risk associated with leverage. No fractional shares. No interest on idle funds.   Do Users Have Positive Opinions of Prime XBT? User opinions on PrimeXBT are mixed. Many praise the platform for low fees, a wide range of available instruments, and advanced trading tools. However, some users express concerns about the lack of regulation and potential security issues. Overall, PrimeXBT is considered a solid platform for experienced traders who are aware of the risks. PrimeXBT is a versatile trading platform that offers advanced tools and competitive fees but requires users to be aware of the risks associated with the lack of regulation.   OPEN AN ACCOUNT 
Partnership for Progress: The Case of Fintech360 & AWS

Partnership for Progress: The Case of Fintech360 & AWS

FXMAG Team FXMAG Team 18.07.2024 14:43
Among the many innovations that are currently reshaping the digital world, few are as impactful as the spread of cloud hosting. For businesses of all sizes seeking to reduce operational costs while expanding digital capabilities, cloud technologies have become a game-changer, allowing them to focus on innovations while delegating technicalities to third parties. With the right cloud hosting provider, businesses can achieve new levels of efficiency, staying competitive amidst market turbulence. This way, even up-and-coming companies or lesser-known startups have the opportunity to compete in their respective spheres without worrying about the creation and maintenance of extensive server networks and other physical infrastructure. Cloud Computing Leaders: AWS Even if you’ve never delved deep into the topic of cloud computing, chances are high that you’ve dealt with this technology at some point in your life, even unknowingly. Some of the most popular cloud solutions are provided by instantly recognizable big names like Google, Microsoft, or Amazon. Amazon Web Services (AWS), Amazon’s subsidiary, currently stands as one of the leaders in the field of cloud hosting. Known for its extensive set of services, AWS helps countless businesses realize their full potential, granting them everything from computing power and storage space to advanced analytics and machine learning instruments. In addition, AWS is continually innovating and adding new services to its already impressive selection. This provides an undeniable competitive advantage to its clients, who gain access to the newest technologies as soon as they emerge—all without undergoing any global system overhauls, as all changes are implemented on AWS’s side. Fintech360 Revolutionizing the Fintech Industry Despite the undeniable benefits of cloud hosting services, there is a common misconception that they are primarily intended for startups or small businesses incapable of affording their own servers. In reality, many established industry leaders, especially in fintech, rely on cloud hosting to maintain their competitive advantage. One such leader is Fintech360, a prominent B2B provider of financial technology services, particularly solutions tailored to brokers’ needs. Fintech360 offers a broad range of services, including a customer relationship management (CRM) system, payment gateway, business intelligence tools, and a customizable trading platform. With these tools, Fintech360’s B2B clients receive everything they need to organize and streamline the provision of brokerage services. For instance, Fintech360’s white-label trading platform is a ready-to-use solution that brokers can customize to their specific needs and integrate into their ecosystems. This allows the company’s B2B clients to provide a unique, branded experience to their B2C customers without the need to develop and refine their own technology. With such cutting-edge services, Fintech360 empowers market players that might otherwise lack the resources to enter the fintech arena. However, to fulfill such an ambitious mission, up-and-coming fintech solutions providers cannot rely solely on their own resources. This is where strategic partnerships with leading digital service providers, such as AWS, come into play. Fintech360 + AWS: A Perfect Match By securing the support of AWS, Fintech360 significantly expanded its capabilities. These newly acquired advantages improved the quality of Fintech360’s services in many different aspects. First and foremost, with AWS, Fintech360 has taken the scalability of their solutions to a whole different level. Now the company can quickly scale its infrastructure up or down based on demand. This feature allows brokers using Fintech360’s solutions to perform well even at peak times and handle increased load during the most heated market periods. No less important is the security aspect that the partnership with AWS has brought to Fintech360. While the company has always been renowned for its top-grade safety measures, this collaboration has elevated them even higher. AWS utilizes the most up-to-date security techniques, including data encryption, secure and customizable access controls, firewalls, and automated incident response features. Additionally, AWS ensures full compliance with regulatory standards, which is crucial for any law-abiding fintech provider. Another noteworthy advantage of the partnership with AWS is the speed and continuity of service provision. By relying on AWS for matters within their competence, Fintech360 can ensure that relevant services are provided at the highest level and within the shortest timeframe. Potential problems are promptly resolved by highly qualified teams utilizing the extensive resources of one of the most influential digital companies today. This partnership also allows Fintech360 to focus on its core business. By delegating the technical aspects of cloud hosting to a highly competent partner, Fintech360 can concentrate on developing advanced fintech solutions and improving its current offerings. This focus on core business activities drives growth and enhances service quality, ensuring that Fintech360 remains at the forefront of the fintech industry. The partnership between Fintech360 and AWS has been highly beneficial, improving Fintech360’s performance and security in a variety of aspects. Cloud Computing and the Future of Business The future of business increasingly leans towards digital solutions, with cloud hosting set to play a pivotal role in this process. Companies that adopt cloud hosting already enjoy a considerable competitive advantage due to enhanced scalability and security, as well as the higher volumes of resources they can allocate for innovation and business improvement. The example of Fintech360 illustrates how teaming up with a reliable cloud hosting provider, in this case, AWS, can be a game-changer for a fintech company. With AWS’s assistance, Fintech360 has greatly expanded its capabilities and improved its offerings, providing brokers with even better services and higher levels of security than before.
College Education and Technology: Future Trends and Tools

College Education and Technology: Future Trends and Tools

FXMAG Team FXMAG Team 12.07.2024 12:58
The landscape of college education is rapidly evolving, largely driven by advancements in technology. As students navigate through their academic journeys, the integration of innovative tools and digital platforms is transforming the way they learn, complete assignments, and engage with educational content. This shift is not only enhancing the educational experience but also equipping students with the skills needed for the future workforce. With the help of EssayPro research papers, students can access high-quality academic resources that support their learning. These resources are particularly valuable in a tech-driven educational environment where information is abundant, but credible sources are essential for academic success. As we delve into the future trends and tools in college education, it is clear that technology will continue to play a pivotal role. From virtual classrooms to AI-driven learning platforms, the possibilities are endless. Understanding these trends can help students, educators, and institutions better prepare for the future of education. The Rise of Digital Learning Platforms Virtual Classrooms One of the most significant advancements in college education is the rise of virtual classrooms. These online environments allow students to attend lectures, participate in discussions, and collaborate on projects from anywhere in the world. This flexibility is particularly beneficial for students who have other commitments such as work or family responsibilities. Virtual classrooms often feature interactive tools such as video conferencing, digital whiteboards, and real-time chat. These tools facilitate a dynamic learning experience, making it easier for students to engage with the material and with each other. Learning Management Systems (LMS) Learning Management Systems (LMS) are another critical tool in modern education. Platforms like Canvas, Blackboard, and Moodle provide a centralized hub where students can access course materials, submit assignments, and track their progress. LMS platforms also offer features such as quizzes, discussion forums, and gradebooks, making it easier for instructors to manage their courses and provide feedback to students. The integration of LMS with other educational tools, such as plagiarism checkers and e-textbooks, further enhances the learning experience. Students can access a wide range of resources and tools within a single platform, streamlining their studying process. Emerging Technologies in Education Artificial Intelligence (AI) Artificial Intelligence (AI) is revolutionizing the way students learn and interact with educational content. AI-powered tools can provide personalized learning experiences by analyzing a student's performance and adapting the content to their needs. For example, AI can identify areas where a student is struggling and suggest additional resources or practice exercises to help them improve. AI-driven chatbots are also becoming more common in educational settings. These virtual assistants can answer students' questions, provide reminders about assignments and deadlines, and even offer tutoring support. By automating routine tasks, AI allows educators to focus on more meaningful interactions with their students. Augmented and Virtual Reality (AR/VR) Augmented Reality (AR) and Virtual Reality (VR) are creating immersive learning experiences that were once unimaginable. AR overlays digital information onto the real world, enhancing traditional learning materials with interactive elements. For example, AR can bring historical events to life by overlaying 3D models and animations onto textbooks. VR, on the other hand, provides a fully immersive experience that can transport students to different environments. This technology is particularly useful for fields such as medicine, engineering, and the sciences, where students can practice skills and explore concepts in a safe, virtual environment. The Future of Assessments and Assignments Online Assessments The shift towards digital learning has also transformed the way assessments are conducted. Online assessments offer several advantages over traditional paper-based exams, including flexibility, instant feedback, and the ability to use multimedia elements. Students can complete assessments from anywhere, and instructors can use automated grading tools to save time and ensure consistency. Collaborative Assignments Technology is making it easier for students to collaborate on assignments, regardless of their physical location. Tools such as Google Docs, Slack, and Trello facilitate real-time collaboration, allowing students to work together on projects, share ideas, and track progress. These tools also help students develop essential skills such as communication, teamwork, and project management, which are valuable in both academic and professional settings. Enhancing Learning with Technology Adaptive Learning Technologies Adaptive learning technologies use data and analytics to create personalized learning experiences. These tools can identify a student's strengths and weaknesses and adapt the content to match their needs. For example, an adaptive learning platform might provide additional practice problems for a student who is struggling with a particular concept or offer advanced materials for a student who is excelling. Gamification Gamification is another trend that is gaining popularity in education. By incorporating game-like elements such as points, badges, and leaderboards into the learning process, educators can increase student engagement and motivation. Gamification can make learning more enjoyable and encourage students to take an active role in their education. Conclusion The integration of technology in college education is reshaping the way students learn, complete assignments, and engage with academic content. With tools like virtual classrooms, AI, AR/VR, and adaptive learning technologies, the future of education looks promising. These advancements not only enhance the learning experience but also prepare students for the challenges of the modern workforce. As students continue to embrace these technological tools, it is essential to recognize the value of quality academic resources. For those looking to enhance their academic performance, buy research paper services can provide the support they need to succeed in a tech-driven educational landscape. SEO Title Exploring Future Trends and Tools in College Education and Technology SEO Description Discover how technology is transforming college education. Learn about future trends and tools that enhance learning, with a call to action to buy research papers for academic success.
Integrating Real Estate Concepts into Modern Educational Curricula: A Guide for Students

Integrating Real Estate Concepts into Modern Educational Curricula: A Guide for Students

FXMAG Team FXMAG Team 12.07.2024 12:57
Integrating real estate concepts into educational curricula offers a unique opportunity to equip students with practical skills that are highly relevant in the real world. Understanding real estate can enhance various academic disciplines and provide students with valuable knowledge that extends beyond the classroom. "Will you write my research paper for me?" This question often arises among college students grappling with complex topics. By incorporating real estate principles into their studies, students can gain a deeper understanding of subjects such as economics, business, and environmental science. This integration not only enriches their academic experience but also prepares them for future careers in a dynamic industry. The Importance of Real Estate Education Enhancing Critical Thinking and Problem-Solving Skills Real estate education encourages critical thinking and problem-solving skills. When students engage with real estate concepts, they learn to analyze market trends, evaluate property values, and consider various factors affecting real estate decisions. These skills are transferable to many other fields, making students more versatile and capable professionals. Practical Applications in Various Disciplines Real estate concepts are applicable in numerous academic disciplines. For instance, in economics, understanding housing markets and property values can provide insights into broader economic trends. In environmental science, studying land use and sustainable development helps students grasp the importance of responsible resource management. By integrating real estate into the curriculum, schools can offer a more comprehensive and interdisciplinary education. Implementing Real Estate Concepts in School Curricula Developing Relevant Coursework and Assignments To effectively integrate real estate concepts, schools should develop coursework and assignments that align with real-world applications. Assignments could include market analysis projects, case studies on property development, and simulations of real estate transactions. These activities not only make learning more engaging but also help students apply theoretical knowledge in practical scenarios. Collaborating with Industry Professionals Schools can enhance their curricula by collaborating with real estate professionals. Guest lectures, workshops, and internships provide students with firsthand insights into the industry. These collaborations bridge the gap between academic learning and real-world experience, preparing students for successful careers in real estate and related fields. Benefits for Students Improved Job Prospects Understanding real estate can significantly improve students' job prospects. The real estate industry offers a wide range of career opportunities, from property management to urban planning. By gaining expertise in this field, students can enhance their resumes and stand out in a competitive job market. Enhanced Financial Literacy Real estate education also enhances financial literacy. Students learn about mortgages, investments, and financial planning, which are essential life skills. This knowledge empowers them to make informed financial decisions and manage their personal finances more effectively. Challenges and Solutions Overcoming Curriculum Overload One of the main challenges in integrating real estate concepts into curricula is the potential for curriculum overload. Schools must carefully balance existing subjects with new content to ensure that students are not overwhelmed. This can be achieved by incorporating real estate topics into elective courses or interdisciplinary projects. Ensuring Accessibility and Relevance Another challenge is ensuring that real estate education is accessible and relevant to all students. Schools should design inclusive curricula that cater to diverse learning needs and backgrounds. Additionally, real estate concepts should be taught in a way that highlights their relevance to various academic and career paths. Conclusion Integrating real estate concepts into modern educational curricula offers numerous benefits for students. It enhances critical thinking, provides practical applications in various disciplines, and improves job prospects. By collaborating with industry professionals and developing relevant coursework, schools can prepare students for successful careers and empower them with essential life skills. For students seeking help with nursing assignment, incorporating real estate education can also offer a unique perspective on housing and healthcare facilities, further enriching their academic experience.
Bridging the Gap: Education's Role in Economic Growth and Stability

Bridging the Gap: Education's Role in Economic Growth and Stability

FXMAG Team FXMAG Team 12.07.2024 12:56
Education has long been recognized as a cornerstone of economic development. From ancient civilizations to modern economies, the pursuit of knowledge and the development of skills have consistently been linked to societal progress. Today, the connection between education and economic growth is more evident than ever, especially in an era where technological advancements and global competition demand a highly educated workforce. For students who need help writing a paper, understanding the profound impact of education on economic growth is crucial. It not only highlights the importance of their academic endeavors but also motivates them to see their studies as a gateway to contributing to society's broader economic stability. Whether it's completing college assignments, engaging in school projects, or diligently working on homework, every aspect of studying plays a pivotal role in shaping the future. This article delves into how education fosters economic growth and stability, exploring the pathways through which learning translates into economic benefits. By examining the intricate relationship between education and the economy, students can gain a clearer perspective on the value of their educational journey. The Foundation of Economic Growth Human Capital Development One of the primary ways education contributes to economic growth is through the development of human capital. Human capital refers to the skills, knowledge, and abilities that individuals acquire through education and training. When students engage in studying, whether at school or college, they are essentially building their human capital, which is vital for economic productivity. Educated individuals tend to have higher earning potential, which translates into increased consumer spending and investment in the economy. Moreover, a well-educated workforce is more adaptable to technological changes and innovations, driving economic progress and stability. Innovation and Technological Advancement Education is a critical driver of innovation and technological advancement. Colleges and universities are often at the forefront of research and development, leading to breakthroughs that fuel economic growth. Students who immerse themselves in STEM (Science, Technology, Engineering, and Mathematics) fields are particularly instrumental in this process. Through their assignments, homework, and research projects, they contribute to a continuous cycle of innovation. For instance, the tech industry relies heavily on the contributions of educated individuals who possess the skills to develop new software, hardware, and digital solutions. This not only creates jobs but also enhances productivity across various sectors, leading to overall economic stability. Education and Economic Stability Reducing Income Inequality Education plays a pivotal role in reducing income inequality, which is crucial for economic stability. By providing equal opportunities for learning, education helps level the playing field, allowing individuals from diverse backgrounds to achieve economic success. Schools and colleges that prioritize inclusivity and accessibility ensure that all students, regardless of their socio-economic status, can pursue quality education. When students are equipped with the necessary skills and knowledge, they are more likely to secure well-paying jobs and contribute positively to the economy. This, in turn, reduces the income gap and promotes a more balanced and stable economic environment. Enhancing Workforce Competitiveness A competitive workforce is essential for a nation's economic stability. Education equips students with the competencies required to excel in the global job market. From critical thinking to problem-solving, the skills acquired through studying and completing assignments are invaluable. Furthermore, continuous learning and professional development ensure that the workforce remains competitive. Lifelong learning initiatives and adult education programs enable individuals to adapt to changing job market demands, thereby supporting long-term economic stability. The Role of Educational Institutions Schools as Community Pillars Schools are more than just places of learning; they are pillars of the community. They provide a structured environment for students to develop not only academically but also socially and emotionally. By fostering a sense of community, schools contribute to social stability, which is closely linked to economic stability. In addition, schools often serve as centers for community engagement and development. Through various programs and initiatives, they address local economic challenges and promote economic growth. For example, vocational training programs in high schools equip students with practical skills that are directly applicable to the local job market. Colleges as Innovation Hubs Colleges and universities are hotbeds of innovation and economic activity. They attract talented individuals from around the world, creating a melting pot of ideas and creativity. The research and development conducted in these institutions often lead to the commercialization of new technologies, spurring economic growth. Moreover, colleges play a significant role in fostering entrepreneurship. Many institutions offer programs and resources that support student startups, providing the foundation for new businesses that drive economic development. By encouraging entrepreneurial thinking, colleges help students transform their innovative ideas into viable economic ventures. Conclusion Education is undeniably a powerful catalyst for economic growth and stability. By developing human capital, driving innovation, reducing income inequality, and enhancing workforce competitiveness, education lays the foundation for a prosperous and stable economy. For students, understanding this relationship underscores the importance of their educational pursuits. Whether it's through completing assignments, engaging in learning activities, or seeking help from the best dissertation writing services, every effort contributes to their personal growth and, by extension, the economic well-being of society. In essence, investing in education is investing in the future. As students continue their academic journey, they are not only building their own future but also contributing to the economic stability and growth of their communities and nations.  
Partnership for Progress: The Case of Fintech360 & AWS

Revolutionizing Fintech: Fintech360's Cutting-Edge White Label Solutions

FXMAG Team FXMAG Team 12.07.2024 12:50
In the digital era, smartphones have evolved from mere communication devices to powerful tools enabling users to perform complex tasks on the go. This transformation has compelled businesses across industries to develop mobile applications to remain competitive and relevant in the market. One sector significantly impacted by this shift is finance. Financial services, once confined to traditional banking institutions, are now accessible at users' fingertips through innovative mobile apps. This revolution in mobile finance is empowering individuals to engage in sophisticated financial activities using their smartphones. The Rise of Fintech Apps The financial industry is experiencing rapid digitalization, often referred to as "smartphonification." Leading financial service providers are developing apps to enhance client experiences and simplify their lives. Fintech apps offer a wide range of services, from basic transactions to complex investment management, democratizing access to financial tools for a broad audience. Consequently, companies are in a race to innovate, delivering more convenient and functional apps to gain a competitive edge. Digital Industry Leaders: Fintech360 As the global financial landscape undergoes digital transformation, certain companies are emerging as leaders. Fintech360, a prominent B2B provider of fintech services, is at the forefront of this change. Specializing in advanced fintech solutions for brokers, Fintech360 aids in creating and maintaining next-generation trading platforms. Fintech360 offers a comprehensive suite of services, including CRM (Customer Relationship Management) systems, payment gateways, business intelligence tools, and trading platforms. These tools are designed to streamline and optimize brokers' operations, pushing the boundaries of global finance and enabling organizations to enter the market with robust resources and instruments. A White Label Trading Platform for Brokers One of Fintech360's flagship offerings is its state-of-the-art white label trading platform, tailored specifically for brokers. This platform allows brokers to brand and customize the interface, providing their clients with a personalized trading experience without the need to develop their own technology. The platform integrates widely recognized systems like MT4, MT5, and Match Trader, offering a reliable foundation. It includes features such as customizable trading alerts, market news updates, and advanced analytical tools, including professional trading charts powered by TradingView. These features enable brokers to deliver top-tier services to their clients. Fintech360’s Apps for iOS & Android Beyond the desktop platform, Fintech360 has developed mobile apps for both Android and iOS, extending their services to a wider audience. These mobile apps offer the same advanced features as the desktop version, allowing users to engage in trading activities, access real-time news, and receive market signals from anywhere, at any time. The mobile apps' flexibility ensures users can manage trades on the go, responding to market changes in real-time. Enhanced security features, such as biometric authentication, provide additional protection for user accounts. Push notifications keep users informed about important market events, account activities, and trading opportunities, ensuring they never miss critical updates. Test-Driving the Apps To allow brokers to fully evaluate the platform, Fintech360 offers trial versions of its mobile app through TestFlight and Firebase. This approach, uncommon among financial service providers, highlights Fintech360's commitment to customer satisfaction by enabling potential clients to test the app's features before committing. Making Fintech Accessible Fintech360’s innovative products and B2B fintech solutions are invaluable, especially for brokers, both established and aspiring. The mobile format of these offerings enhances accessibility, providing brokers with greater flexibility and reach. By eliminating the need to create their products from scratch, brokers can focus on refining their vision and offering the best conditions for their clients. As the world becomes increasingly digital and smartphone-centric, the finance sector must evolve accordingly. Companies like Fintech360 are leading this evolution, ensuring fintech solutions are accessible to a broad range of users. By adhering to their core principles, Fintech360 is steering the market in the right direction, benefiting service providers, customers, and the industry as a whole.
Just2Trade was awarded Best Mobile Trading Platform 2024

Just2Trade was awarded Best Mobile Trading Platform 2024

FXMAG Team FXMAG Team 05.07.2024 09:41
Just2Trade has recently won a prestigious award of Best Mobile Trading Platform 2024 (https://www.worldfinance.com/awards/world-finance-forex-awards-2024). This recognition celebrates the very best in mobile trading and excellence in delivering brokerage services, and is an acknowledgement of Just2Trade's commitment to its clients. WorldFinance experts recognized the excellence of Just2Trade's unique set of tools, which allows investors to perform transactions involving stocks, bonds, futures, options and FX. Using a single trading account on the MT5 platform, Just2Trade clients have access to trading in thousands of diverse financial instruments as well as the option to invest in US IPOs.   About Just2Trade Just2Trade brand is currently one of the most reputable brokerage companies, founded in 2007, and expanding to Europe and Asia in 2015.  Just2Trade brand entities are duly authorized and strictly regulated in various jurisdictions: * in the EU – by Cyprus Securities and Exchange Commission (CySEC) under license number 281/15 * in the US – by the US Financial Industry Regulatory Authority (FINRA) under license number 11826 * in Saint Vincent and the Grenadines – under Business Company number 26796 BC2022   The offices of J2T and its partners are located across Asia, Europe and the United States. Just2Trade provides a wide array of investment services including Brokerage Services, Asset Management, Foreign Exchange Services and Investment Research.   World Finance is a global market leading print and online magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy. World Finance provides award-winning reportage, covering a broad range of topics from banking and insurance to wealth management and infrastructure investment, with contributions from some of the world's most well-respected economists and theorists.  
AI Fitness App Zing Coach Raises $10 Million in Series A Funding to Combat Inactivity and Build Healthy Habits

AI Fitness App Zing Coach Raises $10 Million in Series A Funding to Combat Inactivity and Build Healthy Habits

FXMAG Team FXMAG Team 21.06.2024 13:34
Zing Coach, the Palta-backed health tech startup reducing growing rates of physical inactivity with its AI-powered fitness app, has today announced that it has raised a Series A funding round in equity and debt financing totalling $10 million led by Zubr Capital and Triple Point Capital. The capital will enable Zing Coach to continue to develop revolutionary new features for its market-leading AI-powered fitness app, expand its workforce, and enter new markets. Research shows that 54% of the global population do not meet the World Health Organisation's recommended levels of physical activity. With regular exercise proven to prevent health conditions such as heart disease, stroke, and type 2 diabetes, there is growing interest in embracing healthy lifestyles. Yet, it takes time to build new habits, and many people make drastic and immediate changes that they inevitably fail to stick to. Research shows 54% of people give up on their physical activity goals within six months. However, Zing Coach makes maintaining healthy lifestyle changes easier by providing hyper-personalised AI-powered workouts that constantly adjust based on a multitude of variables, such as historic performance data, real-time vital readings, activity levels, and health and lifestyle data, to find the right balance between progress and motivation.  This is achieved using a wealth of cutting-edge technology and diverse user data to provide a first-of-its-kind personal trainer. Unlike alternative fitness apps, Zing Coach doesn’t rely on quizzes to gauge users’ initial fitness and progress. ZingLab, a suite of advanced fitness tests and movement analyzers powered by computer vision, and body composition scanners comparable to professional DEXA scanners, are used to assess new users reliably and accurately. As users progress, they’re assisted at every stage of their fitness journey by their own AI Coach — which uses a large language model (LLM) and a personalised tone of voice based on the user’s emotional profile to form a connection with each user — designed to monitor their form and progress, offer tailored advice and insights, and offer praise and encouragement to keep them motivated.  While research shows 63% of fitness app users quit after just one day and 91% within 28 days, Zing Coach’s best-in-class AI-powered approach has proven to deliver far greater results. Data shows that users are 29% more likely to continue using Zing Coach after day one when compared to competitor apps, while users are 25% more likely to continue for a month or longer. Delivering an unrivalled personalised fitness experience, users have already completed over a million workouts in the app. By supporting users throughout the fitness journey, the app has amassed over one million downloads since its release in 2021, maintaining impressive month-over-month user growth of 25% — one of the many impressive metrics that attracted Zubr’s attention. “When the first iPhone was released 17 years ago, it marked the beginning of the mobile app era, and innovation in the space has continued to exceed expectations with each passing year. Today, with recent advancements in AI technology, apps have become pocket-sized assistants, offering personalised advice and feedback with human-like communication. Digital fitness, in particular, is a huge area of interest for consumers and we’re excited to support Zing Coach, a true leader in this space. We believe this investment will enable the company to grow tenfold in the years ahead and pull ahead of its competitors in the growing fitness app market,” — said Viktar Dzenisevich, Investment Director and Partner at Zubr Capital. The funding will enable Zing Coach to expand its growing team and strengthen its marketing efforts to reach new international markets. Likewise, it will continue to improve its new AI Coach, which educates and motivates by analysing individual training behaviour, text, audio, and videos to develop optimal workouts and motivation strategies tailored to each user. Tested in beta earlier this year, the AI Coach will be made available to all Zing Coach users this fall. Following its full launch, Zing plans to leverage its AI Coaching technology for other forms of exercise, such as pilates, yoga, and more. “We have experienced exponential growth in the past year, but the vast digital fitness coaching market remains largely untapped. We want to make leading a healthy lifestyle and achieving ambitious fitness goals attainable for all by providing highly personalised workout planning and guidance. Typically, this would cost hundreds of dollars for just a few hours with a personal trainer — with Zing, it costs less than a cup of coffee each week. From a user’s perspective, our inclusion of applied practice and coaching sets us apart from traditional fitness platforms. We’ve set the benchmark and this investment will ensure that we can maintain our lead in the market,” — said Tanya Parfenyuk, co-founder and CEO at Zing Coach. Focused on providing the ultimate personalised health and fitness experience, last year Zing Coach launched its Body Composition Scanner, which replaces the professional DEXA scanner with a smartphone, enabling anyone, anywhere, to scan their body and instantly receive important physical health insights. Committed to growth, the startup has gone from strength to strength in 2024, starting with its acquisition of Zenia — the market leader in real-time workout performance tracking and voice-guided assistance — in February. The company also recently launched the industry’s first AI-powered Flexibility Test and personalised stretching workouts to help its users improve their muscle flexibility safely and effectively. ABOUT ZING COACH Zing Coach is a fitness company, backed by health tech company Palta,  that applies leading AI technology to create the most advanced digital personal trainer, which assesses your fitness accurately, designs the ideal program for you to achieve any desired goals, tracks, motivates, supports, and becomes your guide in your transformative fitness journey.   ABOUT ZUBR CAPITAL Zubr Capital is a Cyprus-based technology-focused growth equity firm with more than $250 million under management and 20+ portfolio companies, including two unicorns. Among its investors are The European Bank for Reconstruction and Development, the Dutch Entrepreneurial Development Bank, and Wargaming.
5 Reasons to Meet Solitics at iFX EXPO International 2024

5 Reasons to Meet Solitics at iFX EXPO International 2024

FXMAG Team FXMAG Team 18.06.2024 15:09
Anticipation is approaching an all-time high as iFX EXPO International begins. Taking place at Limassol’s City of Dreams Mediterranean Integrated Resort, between 18 - 20 June, the exhibition offers the perfect opportunity to network with global B2B and B2C financial and fintech industry professionals. Leading technology provider Solitics will be one of the prominent exhibitors at the online trading expo of the year. The team will be at booth no. 13, a strategic location that places Solitics in the spotlight.  Forex brokers, prop trading firms, banks, loan companies, and other financial institutions looking for a customer engagement and personalisation solution will benefit from attending iFX EXPO and meeting Solitics.   5 challenges that Solitics can help overcome With so many financial firms including brokers competing for the same target market it has become increasingly difficult to stand out from the crowd. The marketing landscape has also changed drastically in the past two decades, making it more challenging for FX brokers and prop firms to acquire and keep clients engaged at every stage of their journey. So, how can financial market players stand out, enhance the trading experience, and increase customer loyalty? This is where Solitics comes in. Developed by technology and data experts and customised to the needs of the financial sector, Solitics’ customer engagement solution is a perfect fit for brokers and prop firms in a variety of use cases:     Native multiple account management for increased personalisation While modern trading platforms inherently support multiple trading accounts per user, customer relationship management and marketing automation solutions are still lagging behind, especially when it comes to synchronising user-centric data across all the accounts registered under a single user profile. Unlike traditional marketing automation platforms, Solitics is built on a data-driven infrastructure that natively supports user-specific, real-time responsiveness across multiple accounts. This helps financial firms tremendously, unifying risk management for multi-account/portfolio users, empowering them to tailor offers based on client-specific parameters built around each client’s trading preferences and behaviours rather than their single-account activity. By partnering with Solitics financial organisations increase operational efficiency and gain the ability to orchestrate dynamic user journeys with automated, tailored, real-time messaging.    Real-time responsiveness for seamless and efficient trading The ability to respond quickly to market events and dynamics, changes in margin and portfolio risk level is paramount.  By enabling brokers to connect all data sources, ranging from price feeds, third-party content providers such as TipRanks, Trading Central, news portals, platform and account-related data, Solitics increases their ability to adapt and respond to market shifts as they occur. Whenever there is a change in volume, margin or portfolio risk level, or a relevant market event, including asset price changes, analyst perspectives, or a scheduled event, such as macroeconomic data releases (GDP, NFP, monetary policy decisions, etc.), Solitics enables brokers to set personalised, automatic triggers and send traders instant alerts, signalling the change.  These alerts can be triggered across multiple channels (e.g., trading platform, website pop-up, mobile push notification, SMS, etc.). Through hyperpersonalised communication that leverages real-time market data, brokers can deliver the much-added value to their clients much quicker. This not only fuels traders’ decision-making, but also helps brokers boost trust in their financial services and build deeper, more meaningful connections with their clients.   Gamification for increased trader engagement Flexible and versatile as it is, the platform allows for quick and easy customisation, enabling brokers to capitalise on user interaction with gamified widgets. One of Solitics’ hallmark features, these widgets are a form of motivational design that uses trader-specific data to generate an immersive yet gamified visualisation of top traded assets, up-to-date price changes, financial reports, and more. These gamification widgets introduce an element of excitement and engagement that transcends traditional means of displaying technical and fundamental factors impacting an asset’s performance, but rather incorporating storytelling elements into the user journey. Doing so, Solitics aids brokers in creating an enhanced and interactive trading experience for their clients. Boost visitor-to-lead conversion rates Most FX brokers seek to engage users from the very beginning, on the first page. This is, however, not always the case, leaving room for interpretation and doubt. While website design, copy and navigation play an important part in piquing traders’ interest, it takes more than that to convert them into loyal customers. Intriguing? Yes. Possible? Solitics makes it possible.  Mustering advanced customer data and behaviour analytics, Solitics allows brokers to craft onsite, real-time user journeys for their ‘anonymous’ website visitors and push them further down the funnel with personalised messaging, gamification and tailored offerings, boosting their marketing efforts significantly.   Increase customer loyalty and inspire action Retaining traders is as vital for a brokerage as it is acquiring them. The same applies to reactivating dormant clients. Solitics user-friendly UI with the ability to map out entire user journeys, ranging from simple conversion protocols to full-blown multichannel campaigns, is designed specifically for this.  With Solitics, FX marketers can easily and clearly segment their audience based on laser-focused customer-related data, including behavioural, historical, or trigger-based elements that help them push clients further down the funnel. Dynamic elements such as personalised and gamified widgets, as well as placeholders tailored to user preferences, can also be used to generate engagement and inspire action. Walking the extra mile from conversion and retention to optimisation, the customer engagement solution provides a comprehensive attribution of every client’s touchpoint, painting a clear picture of how clients reacted to the content delivered to them and pinpointing areas for improvement - all in real time. Does this sound like you? Want to see Solitics customer engagement platform in action? Pass by booth 13 and discover how you can turn challenges into opportunities with Solitics. Interested participants are encouraged to book a meeting in advance to ensure availability.
iFX EXPO International 2024 is Almost Here!

iFX EXPO International 2024 is Almost Here!

FXMAG Team FXMAG Team 11.06.2024 10:56
The Online Trading Event of the year in Cyprus is right around the corner! After months of anticipation, the final countdown towards one of the most hyped events of the year, iFX EXPO International 2024, is officially underway in Limassol, Cyprus. This landmark B2B event has established itself as an annual tradition for the online trading industry, attracting thousands of attendees, leading brands, and a wide range of participants.    iFX EXPO International 2024 is returning to the City of Dreams Mediterranean Integrated Resort on June 18-20. With just a few weeks to go until the expo doors swing open, the buzz and excitement is palpable for what will be the biggest event yet. As a quick reminder, if you have not already done so, the time to register online is now. This is your final chance to sign up online, ensuring you skip any queues or waiting on-site.   iFX EXPO International 2024 – a Yearly Tradition Like No Other It is impossible to understate the importance of this event to the B2B industry, with attendees, speakers, companies, and more all circling these dates on their calendars. iFX EXPO International has developed into a crucial hub for the online trading community.  Attendance at this premium event is considered mandatory for all industry participants, as nobody wants to be on the outside looking in this June. The expo has historically served as an innovative stage where anything can happen, showcasing the latest technology, services, and of course entertainment. Attendees can expect to meet and engage face-to-face with: Brokers Affiliates & IBs Payment Service Providers Liquidity Providers Fintech Companies   This also includes sponsors and 140+ exhibitors such as Exness, Deriv, and B2Broker - some of the industry’s leading brands. The expo serves as an important opportunity for connecting with industry professionals and potential business partners, conducting business and establishing long-lasting relationships. Of course, no iFX EXPO would be complete without an abundance of networking opportunities. Attendees throughout the event can take advantage of the on-site Networking Lounges, the iFX EXPO Welcome Party at Columbia Beach, and the Official Night Party at Theama that never disappoints. This year boasts an impressive lineup of notable speakers, headlined by C-list executives, influential voices, creators, and innovators that are shaping the online trading community in 2024 and beyond.  The event will also feature plenty of interesting topics across both the Speaker Hall and Idea Hub, covering AI, the latest fintech strategy and trends, tradetech, prop trading, and much more. Make sure to check out the following notable panels, with speakers from TikTok, Microsoft, Nasdaq and PWC Cyprus:   Mastering TikTok: Creative Tools and Strategies for Fintech Success Securing the Future: Protecting the Pulse of Fintech Finance in Flux: Adapting to a Winds of Change Finance Forward: Cultivating Wellbeing and Success in the Digital Age     Attendees can explore the full iFX EXPO content agenda by accessing the following link.    Maximise Your Event Experience this June Attendees looking to get the most out of iFX EXPO 2024 are encouraged to download the official event app. The app helps facilitate any networking strategy, providing several benefits for users: Easily exchange contacts with Badge Scan Stay updated with the agenda and create your schedule Message and schedule meetings seamlessly Showcase your offerings to a global audience View the events floor plan Discover companies on board and identify potential clients   The iFX EXPO App is now available to download on both the App Store and Google Play Store. Register today! This is one event you cannot afford to miss. See you in Limassol in a few weeks.   
XS.com: Pioneering Online Trading Excellence in the MENA Region

XS.com: Pioneering Online Trading Excellence in the MENA Region

FXMAG Team FXMAG Team 11.06.2024 08:40
Interview with Elie Nachawaty, Senior Business Development Manager – MENA at XS.com   Congratulations on XS.com being awarded the "Most Secure Broker" at the Oman Smart Vision Summit held in Muscat City. Could you share how XS.com prioritizes security measures to ensure the safety of its clients' investments? Thank you for the congratulations. At XS.com, ensuring the security of our clients' investments and information is a top priority for us. We employ a multi-layered approach to security that encompasses technological solutions, operational procedures, and strict adherence to regulatory requirements. Our security measures include robust encryption protocols, advanced authentication mechanisms, and continuous monitoring of our systems for any suspicious activities. We partner with trusted payment providers to ensure secure transactions.  Additionally, strict adherence to regulatory requirements and regular security audits underscore our commitment to maintaining the highest standards of security for XS.com‘s clients and partners. We are constantly striving to be compliant with the strictest international regulatory guidelines, and our group entities are regulated and authorized by the most reputable regulatory bodies around the globe including ASIC in Australia, CySEC in Cyprus, FSA in Seychelles, LFSA in Labuan & FSCA in South Africa.  Moreover, XS provides clients with an additional layer of protection through the Civil Liability Insurance Program underwritten by Lloyd's of London. This insurance protection covers losses up to USD 5,000,000 against claims against omission, fraud, negligence and other risks that may lead to the financial loss of clients, at no direct cost to clients.    XS.com was recently crowned as the "Best Global Broker" at the Qatar Financial Expo (QFEX 2024) held in Doha.  What sets XS.com apart from other global brokers, and how does it maintain its competitive edge in the market?  Thank you again for the recognition. At XS.com, we pride ourselves on being people-focused and readily available to everyone. Whether through face-to-face interactions or our 24/7 online support, we strive to ensure accessibility for all. XS.com stands out among global brokers for our unwavering commitment to innovation, reliability, and customer satisfaction. Additionally, we set ourselves apart by providing superior trading conditions, including competitive pricing, lightning-fast execution, and a diverse range of tradable assets. Furthermore, our dedication to transparency, integrity, and regulatory compliance has garnered the trust of clients worldwide. To maintain our competitive edge, we continually invest in technology, research, and development to anticipate market trends and meet the evolving needs of our traders, ensuring our ability to provide excellence in online trading.   XS.com has been gaining momentum across the MENA region. How does XS.com contribute to the development and advancement of smart trading solutions in this region?  XS.com is committed to advancing smart trading solutions in the MENA region by leveraging our expertise, resources, and partnerships. We contribute to the development of cutting edge trading solutions through initiatives such as educational programs, seminars, and workshops aimed at empowering traders with knowledge and skills. Additionally, we collaborate with industry stakeholders, regulatory bodies, and technology providers to drive innovation and promote best practices in the trading ecosystem. By fostering an environment of collaboration and knowledge-sharing, we aim to accelerate the adoption of next generation trading  and contribute to the region's economic growth and prosperity.     Can you elaborate on XS.com's approach to organizing seminars and educational programs focused on advancing digital trading in the MENA region? Certainly. At XS.com, we prioritize the advancement of advanced trading options in the MENA region through various educational initiatives, including offline seminars and online webinars. These activities are specifically designed to empower traders with knowledge and skills that enable them to navigate the dynamic trading landscape effectively. We cover topics ranging from market analysis and risk management to advanced trading strategies and technological innovations. By collaborating with industry stakeholders, regulatory bodies, and technology providers, we ensure that our seminars are informative, relevant, and impactful. Additionally, our offline seminars and workshops serve as invaluable opportunities for direct face-to-face interactions. Attendees have the opportunity to engage in meaningful conversations, and establish lasting connections. Our goal is to foster a culture of continuous learning and improvement among traders, ultimately contributing to enhanced trading capabilities.   With XS.com elevating its presence in the GCC through partnerships like the one with Qatar Financial Expo, and the one with Oman Smart Vision Summit, what strategic advantages does this bring to traders in the region? Firstly, it enhances access to global markets and diversified investment opportunities, allowing traders to capitalize on emerging trends and market opportunities. Secondly, it facilitates knowledge exchange and collaboration among traders, enabling them to learn from each other's experiences and best practices. Lastly, it strengthens XS.com's position as a trusted partner and provider of innovative trading solutions, reinforcing our commitment to serving the needs of traders in the GCC and beyond.   XS.com's recognition as the "Best Multi-Asset Broker in the Middle East"and “Best Trading Conditions” at the UF Awards is commendable. Could you elaborate on the range of assets offered by XS.com and how it caters to the diverse needs of traders in the Middle East? Thank you for acknowledging our achievement in this field. XS.com offers a wide selection of asset classes, including currencies, metals, energy products, shares, indices, commodities, futures, and cryptocurrencies, catering to the diverse needs of traders in the Middle East. We understand that each trader has unique preferences and investment objectives, which is why we provide a comprehensive range of assets to choose from. Whether traders are interested in forex trading or stock trading, XS.com provides them with the tools and resources they need to succeed in today's dynamic markets. In addition our Multiple account types are designed to suit the needs of different types of traders and trading strategies. All Account types offer premium trading conditions and provide access to our deep liquidity and advanced trading technology.   XS.com empowers traders with dynamic leverage up to 1:2000. How does XS.com ensure responsible trading practices while offering such high leverage options to its clients? Empowering traders with dynamic leverage options up to 1:2000 is a key feature of XS.com's platform. However, we understand the importance of responsible trading practices, especially when offering high leverage options to our clients. To ensure responsible trading, XS.com provides comprehensive risk management tools and educational resources to help traders understand the risks associated with leverage trading. We also have strict risk management protocols in place, including margin requirements, stop-loss orders, and negative balance protection, to mitigate potential losses and protect our clients' investments.   The provision of  Mastercard by XS.com, along with the “XS Cards” mobile app for fund transfers, adds convenience for traders. Could you share how XS.com continues to innovate and enhance the trading experience for its clients? Absolutely, XS.com is committed to enhancing the trading experience for our clients by continually innovating and introducing new features and services. The provision Mastercard, along with a mobile app for fund transfers, is just one example of our commitment to convenience and accessibility. This allows traders to seamlessly transfer funds between their XS.com trading accounts and their Mastercard, enabling them to access their funds anytime, anywhere. We continuously strive to stay ahead of the curve by shaping our product development roadmap. Our dedication to innovation shines through our proactive efforts in integrating state-of-the-art technologies and enhancing our services.    Lastly, could you provide insights into XS.com's future and initiatives for further expansion and development in the MENA region's trading landscape?  XS.com remains devoted to further expansion and development in the MENA region. We will continue to invest in technology, research, and innovation to enhance our offerings and provide our clients with the best possible trading experience. Additionally, we will focus on strengthening our partnerships, expanding our product offerings, and delivering value-added services to meet the evolving needs of traders in the region. Our goal is to remain at the forefront of the industry and continue to drive innovation, growth, and success for our clients and partners in the MENA region and beyond.  
Limitless Opportunities Await at iFX EXPO International 2024!

Limitless Opportunities Await at iFX EXPO International 2024!

FXMAG Team FXMAG Team 05.06.2024 09:53
The countdown is on until iFX EXPO International 2024 officially gets underway. Explore the wealth of networking opportunities and business potential on offer in Limassol, Cyprus. Only a few weeks remain until the world’s premier online trading event, iFX EXPO International 2024, opens its doors to thousands of global industry professionals and C-level executives on the beautiful Mediterranean island of Cyprus.   Registrations are still open for this year’s showpiece expo, which is back bigger and better than ever before, returning to the prestigious City of Dreams Mediterranean Integrated Resort in Limassol between 18-20 June, 2024.    Anticipation is building as the event nears closer, with leading players from the world of online trading, including brokers, investors, affiliates and IBs, payment service providers, liquidity providers, and fintech innovators all set to converge on what promises to be the most successful iFX EXPO yet.   Unparalleled networking opportunities   The flagship event stands at the epicentre of the online trading landscape as an essential meeting point for every type of industry professional. Whether you’re an established player looking to grow and expand your business, or an industry newcomer seeking to make those all-important first connections - iFX EXPO International 2024 is the place to be.   Many distinguished brands are already signed up as sponsors and exhibitors, ready to do business in Cyprus. These include Exness, Deriv, TradeLocker, Noda, B2Broker, APS, Centiwise, Noda, Solid Payments, MetaQuotes, and many more.   Attendees can expect to connect with industry peers, engage with potential clients face-to-face, and establish strategic global partnerships that can propel their businesses forward. With 1.6k+ companies from 120+ countries already confirmed to appear, this event presents unlimited opportunities to make solid deals, enhance brand visibility, and drive conversions amid the excitement and thrill of a bustling exhibition floor.   Insightful speaker sessions   The expo features a host of expert speakers and industry thought leaders, with a packed timetable at both the Speaker Hall and Idea Hub conference areas. A range of insightful discussions are scheduled, including a keynote address from Dr. George Theocharides, Chairman of the Cyprus Securities & Exchange Commission (CySEC).   Among the distinguished panel discussions is “Fintech Frontiers: Sculpting the Future of Finance”, which will be moderated by David Gyori, CEO of Banking Reports Limited London, while Michael Ioannides from Visa Europe, and Tony Craddock from The Payments Association will make contributions to the "Cash Me If You Can: Evolving Payments" debate.   Attendees can check out the confirmed expo agenda and view the full lineup of speaker sessions and panel talks by heading to the official iFX EXPO International 2024 website.   Special accommodation offer    As the event approaches, attendees are reminded that they can still enjoy a special discounted rate at the City of Dreams by using the promo code ‘IFX2024’ when completing their booking. Time is running out to secure this exclusive promotional offer at the luxury 5-star resort, which provides both comfort and convenience in equal measure.   Skip the queues by registering online   There is still time to secure a spot at the event by registering for a pass online. Whether you're a top brokerage, fintech innovator, marketing professional, or service provider, register today to unlock countless networking opportunities and enjoy more than 13 hours of insightful content covering 25+ topics around industry’s hottest trends.    Meanwhile, passholders will also get exclusive access to the Networking Lounges, Welcome Party, iconic Night Party, and the official iFX EXPO Networking App. They will also be able to skip the queues by registering online, ensuring that they experience a seamless start to the event.   To register for iFX EXPO International 2024, simply head to the following link.
TopFX - What You Need to Know About TopFX's Offer? What Makes the Broker Stand Out? Are Commissions and Low Fees Encouraging to Open an Account? Offer Analysis

TopFX - What You Need to Know About TopFX's Offer? What Makes the Broker Stand Out? Are Commissions and Low Fees Encouraging to Open an Account? Offer Analysis

FXMAG Team FXMAG Team 02.06.2024 07:43
In today's article, we will take a closer look at the broker TopFX, which has been operating in the financial market for over 13 years, earning recognition and trust from both institutional and retail clients. TopFX stands out not only for its long market presence but also for the high quality of services provided and its focus on excellence and adapting to the changing needs of its clients.   What Characterizes TopFX? TopFX is an experienced broker operating in the financial market for over 13 years. Its main specialization is providing liquidity services, meaning it acts as an intermediary between institutional clients and financial markets.   What Services Does TopFX Offer? Initially, TopFX focused on serving institutional clients, such as retail brokers and investment firms. However, in 2020, the broker expanded its offer to meet the needs of retail clients. It offers competitive spreads starting from 0.0 pips (+ commission on RAW accounts) and leverage up to 1:30. This created a more balanced trading environment for its clients.   OPEN AN ACCOUNT   TopFX Offer TopFX offers a wide selection of trading instruments, allowing investors access to over 600 CFD contracts, which enables the diversification of their investment portfolio and trading in various financial markets. The platform provides the best trading conditions and advanced tools that help traders succeed in the market.  Forex Trading with TopFX (60+ Currency Pairs) Investors can trade on the Forex market with over 60 currency pairs, using spreads from 0.0 pips (+ low commission on RAW accounts) and fast execution. This allows traders to choose from a wide range of currencies and make investment decisions according to their strategy.  Index Trading with TopFX TopFX allows trading global indices with competitive spreads and leverage up to 1:20, giving investors exposure to a wide range of markets and their volatility. This category includes leading indices from American, European, and Asian exchanges.  Stock Trading with TopFX The platform allows trading over 500 CFD contracts on stocks from global markets without commissions. This enables investors to participate in the stock market and benefit from potential gains related to the rise or fall in stock values.  Metal Trading with TopFX TopFX offers trading in gold, silver, and palladium, allowing traders to add these valuable commodities to their trading portfolio. Traders can open both long and short positions, enabling them to profit from commodity price volatility. Commodity Trading with TopFX Clients can trade WTI oil, Brent oil, and gas with narrow spreads and reliable execution. This allows them to participate in trading energy commodities and use price volatility of these assets to generate profits.  ETF Trading with TopFX The platform also allows trading ETFs, giving investors the opportunity to be bullish or bearish on various funds. TopFX offers a selection of 18 iShares funds, enabling investors to diversify their portfolios and trade in different ETF markets.   Types of Accounts at TopFX RAW Account The RAW account at TopFX is for traders seeking the most competitive trading conditions.   Currency: Available in PLN, USD, EUR, or GBP. Spreads: Starting from 0.0 pips, allowing traders to trade at minimal costs. Leverage: Up to 1:30, increasing potential profits but also the risk of losses. Commission: A commission of €2.75 per side of the transaction, ensuring transparent trading costs. Trading Platform: Traders can choose between the cTrader or MT4 platform, customizing their trading environment to their preferences. Liquidity: The RAW account benefits from TopFX's liquidity, ensuring fast and reliable execution of transactions.     ZERO Account The Zero account at TopFX provides traders with competitive trading conditions. Account Type: Zero Account Currency: Available in PLN, USD, EUR, or GBP. Spreads: Starting from 0.5 pips, offering attractive trading conditions. Leverage: Up to 1:30, increasing potential profits or losses. Commission: No commission, meaning traders only pay spreads. Trading Platform: Traders can choose between the cTrader or MT4 platform, customizing their trading environment to their preferences. Liquidity: The Zero account benefits from TopFX's liquidity, ensuring fast and reliable execution of transactions.     Why Did TopFX Decide to Expand Its Offer? The decision to expand the offer to retail clients was a strategic move to better adapt to the changing market needs. This allowed the broker to tailor its services to a broader group of clients, offering competitive trading conditions.   What Are the Advantages of Trading Platforms Offered by TopFX? TopFX offers two main trading platforms: cTrader and MT4. Both platforms are valued by traders for their versatility and reliability. cTrader is considered revolutionary due to its simplicity and speed, while MT4 is popular for its versatility and availability. TopFX cTrader Platform Features of TopFX cTrader include: Unlimited watchlists Detailed symbol and market sentiment data A wide selection of chart types and timeframes Useful order size information, technical analysis indicators, and advanced Take Profit and Stop Loss orders One-click trading and the ability to close multiple positions quickly The platform also allows direct chart trading via drag-and-drop and one-click trading.   Want to Copy Other Traders' Strategies or Share Your Own Strategies? The Copy Trading feature on the cTrader platform is for you. Benefits for copy traders and strategy providers include: Ranking strategies by performance Easily modifying the amount of funds allocated to a strategy Accessing detailed reports on open and closed positions Automated Trading with cTrader Automate cBots are trading robots on the cTrader platform, allowing for a more objective approach to trading, eliminating human errors. Features and capabilities of automated trading include: Choosing from a wide range of cBots based on different strategies Easily loading and running trading robots Writing your own scripts for robots and indicators Trading signals from Trading Central on the platform Trading signals on the cTrader platform help make investment decisions, allowing traders to follow expert trading recommendations.   TopFX Mobile App cTrader The TopFX cTrader mobile app allows traders to trade on their phones and tablets, retaining the same exceptional features and capabilities as the desktop and web platforms.     MT4 Platform The MetaTrader 4 (MT4) platform offers trading on the world's most popular platform, providing traders with the necessary tools for effective investing.     Main Advantages of TopFX MT4 Forex, indices, energy commodities, and metal trading Interactive charting with 9 timeframes Over 30 pre-installed technical analysis indicators Easy customization to preferred trading settings One-click trading and automated trading with Expert Advisors Trade copying and trading signals from Trading Central Ability to build your own robots and custom indicators with MQL4 Available in multiple languages   1. MT4 for Desktop Starting to trade on MT4 is simple and only requires 5 steps: Open a Real or Demo account according to your needs. Go to the Download section in the client area and select "MetaTrader 4 for desktop." Run the file and complete the installation. Use the login details sent to you via email to connect to the platform.   2. MT4 for Mobile Devices and Tablets The MT4 mobile app is available for both Android and iOS, allowing trading from anywhere. Features of the mobile app include: 3 types of charts and 9 timeframes 24 analytical objects and detailed transaction history Ability to create the same types of orders as in the desktop version Total control over the trading account, even on the go   MQL Trading Tools Package TopFX offers the MQL trading tools package, initially valued at $100 per month. Now it is available for free upon opening a Real Account. The package includes 250 indicators, panels, expert advisors (EA), and other functionalities that are ready to use and easy to understand even for less experienced traders.   Does TopFX Provide Favorable Trading Conditions? TopFX aims to provide clients with favorable trading conditions. It offers competitive spreads and leverage, allowing traders to effectively manage their investments. Additionally, the broker offers various types of accounts, such as RAW, ZERO, and VIP, tailored to clients with different levels of experience and trading volumes.   What Payment Methods Does TopFX Offer? TopFX provides its clients with a wide range of payment methods, making it easier to manage their funds. Clients can use various deposit and withdrawal methods, including traditional bank transfers, credit cards, e-wallets, and more.   How Does TopFX Ensure Client Security? Client fund security is a priority for TopFX. The company implements stringent security procedures, including client fund segregation, meaning client funds are held separately from the company's funds. Additionally, TopFX collaborates with reputable Tier-1 banks to ensure the security and reliability of financial services.   What Educational Opportunities Does TopFX Offer? TopFX offers its clients a variety of educational opportunities to help them develop their trading skills. The company regularly publishes market analyses, provides educational resources, and offers the innovative Copy Trading feature on the cTrader platform, allowing clients to follow and copy other traders' strategies.   What Risks Are Associated with Trading with TopFX? Trading in the financial market always carries certain risks. TopFX informs its clients about the potential risks associated with trading, including the possibility of losing funds. It is worth noting that 70.64% of retail investor accounts lose money when trading CFDs with this provider, emphasizing the need for informed and thoughtful investment decisions.   Is TopFX the Broker for You? The final decision on whether TopFX is the right broker for you depends on your individual preferences, investment goals, and experience level. Before making a decision, it is worthHere is a summary of the article: TopFX is a broker with over 13 years of experience, specializing in providing liquidity services to institutional and retail clients. It offers a wide range of trading instruments, including over 600 CFD contracts, competitive spreads from 0.0 pips, and leverage up to 1:30. TopFX supports Forex, indices, stocks, metals, commodities, and ETFs trading. The broker provides various account types like RAW and ZERO, each with specific benefits, and uses reliable platforms like cTrader and MT4. TopFX also ensures client fund security and offers educational resources and advanced trading tools.  
Just2Trade Awarded Best Multi-Asset Broker 2024

Just2Trade Awarded Best Multi-Asset Broker 2024

FXMAG Team FXMAG Team 31.05.2024 12:19
Just2Trade, one of the most reputable brokerage brands in global financial markets, was recently honored with the prestigious title of Best Multi-Asset Broker 2024 for its broad diversification of trading instruments for clients. The award was presented during the fintech and financial exhibition BrokersView Expo Dubai. Thus, the venue's jury of experts recognized the excellence of Just2Trade's unique line of tools, which allows investors to perform transactions involving virtually all existing exchange-traded assets – stocks, bonds, futures, options, and mutual funds – as well as FX and cryptocurrencies. Using a single account on the MT5 platform, Just2Trade clients have access to trading in over 128,000 financial instruments as well as the option to invest in IPOs.     About Just2Trade Founded in 2007 in the US, Just2Trade is currently one of the best-known brokerage brands internationally. After expanding its brand into Asia and Europe in 2015, J2T went on to win acclaim for its top-notch direct access to major world financial markets. Just2Trade brand entities are duly authorized and strictly regulated in various jurisdictions: * in the EU – by Cyprus Securities and Exchange Commission (CySEC) under license number 281/15* in the US – by the US Financial Industry Regulatory Authority (FINRA) under license number 11826* in Saint Vincent and the Grenadines – under Business Company number 26796 BC2022 The offices of J2T and its partners are located across Asia, Europe and the United States. About BrokersView  As an industry-leading broker review platform, BrokersView is committed to assisting traders across the globe in finding the best forex broker in an easy and fast manner. BrokersView provides traders with access to detailed and comprehensive information, professional analysis, and a real-time commenting system. BrokersView Finance Expo Dubai is a high-profile event that brings together the elites of the global financial industry and celebrates their trading achievements.  
Unlock Your Trading Potential with Alphatrends: A Comprehensive Overview of Features and Benefits

Unlock Your Trading Potential with Alphatrends: A Comprehensive Overview of Features and Benefits

FXMAG Team FXMAG Team 30.04.2024 13:51
Alphatrends is a UK based CFD trading platform that allows investors to trade on global markets, including currencies, stocks, indices, and commodities. The provided tools and features cater to investors of various levels of expertise, ensuring quick transaction execution, access to analytical data, and performance analysis tools.   About Alphatrends Broker Alphatrends is a global powerhouse in the trading world, offering the opportunity to trade thousands of markets, including Amazon, GBP/USD, UK 100, and gold. The platform is distinguished by award-winning interfaces, lightning-fast transaction execution, and next-generation tools. As part of a global trading leader, backed by a Fortune 100 company, Alphatrends provides security and innovation in trading.   Why choose Alphatrends? Alphatrends emphasizes market choice, providing investors with access to thousands of financial instruments in Forex, stocks, indices, and commodities markets. The platform also offers exclusive tools such as Performance Analytics and SMART Signals, which can assist traders in decision-making. Tight spreads, fast transaction execution, and comprehensive mobile support are additional features that set Alphatrends apart from the competition. Alphatrends Account Options: Your Path to Personalized Trading Success For traders worldwide, Alphatrends offers a spectrum of account options, each tailored to cater to diverse trading needs. Whether you're a novice exploring the financial markets or a seasoned investor seeking advanced trading tools, Alphatrends provides a comprehensive range of CFD trading accounts designed to empower traders at every level. Our commitment to personalized trading experiences is exemplified through the integration of cutting-edge AI trading technology, ensuring that traders receive the support and insights necessary to thrive in today's dynamic markets.   A Tailored Approach to Trading: Empowering Every Trader At Alphatrends, we understand that no two traders are alike. With this in mind, our diverse array of account features and benefits across different plans ensures that each trader finds a bespoke solution that aligns with their unique goals and preferences. Leveraging state-of-the-art Forex trading technology, our dedicated team is committed to providing traders with invaluable insights and support, facilitating a seamless and rewarding trading journey. Join us today and discover a personalized approach to trading that sets you on the path to success.   Exclusive Privileges in the Alphatrends Supreme League Enter the realm of the Alphatrends Supreme League, an exclusive enclave designed for discerning high net worth individuals with a minimum allocation of $500,000. As a member of this esteemed community, you'll gain access to a suite of premium services, including personalized concierge assistance and a dedicated team of experts dedicated to meeting your investment needs. Open your online Forex trading account now and unlock unparalleled benefits tailored to your substantial investments.   Partnering with Alphatrends: A Gateway to Growth Embark on a journey of growth and success by partnering with Alphatrends. Our partner program offers generous payouts of up to 35%, along with customized offers and exclusive deals designed to maximize your earning potential. Whether you're interested in earning high payouts for each funded client or accessing lucrative bonuses, our partner program provides a pathway to success. Consult with our expert team today to explore the possibilities of partnering with Alphatrends.   Account types Starter   Intermediate   Proffessional   Expert   Master Alphatrends is a platform that enables traders to trade on global markets using advanced tools and technology. Security, market choice, fast transaction execution, and mobile support are the main features that attract investors to use this broker's services. With its commitment to innovation and customer satisfaction, Alphatrends remains a preferred choice for traders seeking a reliable and efficient trading experience.   Alphatrends prioritizes clients success with a safe and legit trading platform and a dedicated team of investment experts available for guidance and support. In conclusion, Alphatrends isn't just a platform; it's a partner on your journey to financial success. With innovative features, a commitment to security, and a user-focused approach, Investiva redefines what it means to trade online.  
DDX '24 Munich - UX & Innovation Conference

DDX '24 Munich - UX & Innovation Conference

FXMAG Team FXMAG Team 18.04.2024 11:27
On May 11th, from 9:30 am to 10:30 pm CEST, the DDX '24 Munich - UX & Innovation Conference will take place at Munich Urban Colab, located at 5 Freddie-Mercury-Straße, Munich 80797, Germany. DDX '24 Munich brings together designers, strategists, and diverse thinkers to bridge the gap between groundbreaking tech and what truly matters: people. It's an initiative aimed at uniting the innovation, product, and design communities and is part of the Munich Creative Business Week. At DDX '24 Munich - UX & Innovation Conference, attendees will have the chance to learn from top experts and inspiring speakers from prominent brands, growing startups, and leading consultancies. It's also an excellent opportunity to connect with like-minded and ambitious individuals, explore new career paths, and discover job and project opportunities. The conference will feature engaging talks, workshops, and networking sessions with over 300 innovators, designers, leaders, and strategists. Don't miss out on the chance to be part of DDX 2024 and empower yourself for positive change through design. Among our inspiring global speakers are: Mick Champayne - Senior Visual Designer at Google Casey Hudetz - Senior Product Design Manager at DocuSign Mustafa Kurtuldu - Staff Product Designer at Meta (formerly Twitter, Google) Clive Gringer - Design Leader & Consultant (formerly Orange, Samsung, Cisco, Barclays, RCA) Prof. Jan-Erik Baars - Head CAS Design Management at Lucerne University Corinna Exner - UI/UX Designer at BMW Group Layla Keramat - Executive Design Director at Prophet Prof. Veronika Ritzer - Professor for Interaction Design at Technische Hochschule Ingolstadt (formerly BMW Group) ...and more! For further information, visit ddxconference.com or contact us at info@designdrives.org.
Introducing Anomaly: AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS

Introducing Anomaly: AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS

FXMAG Team FXMAG Team 17.04.2024 16:00
Zug, Switzerland, April 17th, 2024, Chainwire Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram's 900 million daily active users. Powered by Arbitrum Orbit and using Gelato's Rollup-as-a-Service (RaaS), Anomaly's new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities. Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming Layer-3 sits the Anomaly SDK, which enables advanced AI functionalities like AI-driven matchmaking, decision-making, player model training, automated quest creation, and asset generation in Web3 gaming. This aims to help reduce developer time, address cost challenges of AI integration, and significantly improve user engagement and experience within the Anomaly gaming ecosystem. "With Anomaly, we're not just launching another gaming platform; we're pioneering a new paradigm in Web3 gaming, that will fundamentally alter the blockchain gaming industry," said Long Do, Founder of Anomaly. "Anomaly Layer-3 will function as a decentralized game layer with a native AI tech stack, promoting interoperability and platform experience." Leveraging Arbitrum Anytrust DAC technology, Anomaly Layer-3 Orbit chain inherits a fast, secure, and scalable execution environment, boasting a 250ms block time with near-instant transaction finality, processing thousands of transactions per second, standing out as one of the fastest EVM Layer-3 rollups on the market. The chain will feature a native gas token $nom that will secure smooth navigation between gaming realms. "Anomaly's implementation of the Arbitrum Orbit tech stack addresses fundamental issues encountered by blockchain games," said Cooper Midroni, Product Manager at Offchain Labs. "The Anomaly Layer-3 ecosystem enables on-chain games to offer the same level of enjoyment and seamless experience as traditional games." The chain operates with a gasless user experience designed to provide a web2-like user experience gameplay. It launches with Gelato's industry-standard web3 services, Gelato Relayers, Web3 Functions, and VRF. These services enable a fully automated, immersive gaming experience and provide a verified source of on-chain randomness for fair gameplay. The chain will also come out-of-box equipped with key infrastructure like the Blockscout block explorer providing easy access to block, transaction, and address data and canonical bridge UI serviced by Gelato. "Anomaly came to us asking for a future-proof gaming platform that supports millions of users," explained Hilmar Orth, Founder of Gelato. "We created a gaming-centric, fully-serviced, auto-scalable Layer-3 infrastructure that enables Anomaly to attract community and liquidity - ultimately supporting distribution." Anomaly Layer-3 will also leverage Gelato's latest Node-Sale-as-a-Service solution to enhance its rollup security by selling verifier node licences and enabling community participation in securing Anomaly's infrastructure. Anomaly's launch will feature a private sale of AI-based Node NFTs to early supporters on Telegram, underlining the platform's focus on a community-driven ecosystem. Furthermore, Anomaly will make it easier for all users to operate their node with cloud based subscriptions that they can run by paying monthly directly inside telegram. Anomaly is poised to revolutionize web3 gaming by engaging with Telegram, Discord, and Farcaster communities. This approach meets users where they are, providing in-platform gaming experiences that bypass onboarding challenges, abstract away blockchain complexities, and offer experiences on par with web2 games. About Anomaly Anomaly is an avant-garde AI gaming studio and Layer 3 blockchain innovator poised to redefine gaming by merging Web3 with SocialFi and utilizing AI to create immersive experiences. Anomaly is at the forefront of gaming evolution, focusing on harnessing AI and blockchain synergies. The studio is dedicated to rapid game development and deployment, community engagement via social platforms, and innovative approaches to gaming, setting new benchmarks in interactive entertainment. About The Arbitrum Foundation The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit is a permissionless path for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features such as custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more by leveraging its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, and an additional 50+ are in active development to date. About Gelato Gelato is an all-in-one Ethereum Rollup as a Service Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato Rollups allow anyone to build and deploy their fully serviced Layer 2 and Layer 3 chains natively integrated with industry-standard Web3 tools and services launching a production-ready web3 development environment with one click.  
AIPRO-500: Revolutionizing Online Trading with Cutting-Edge Technology

AIPRO-500: Revolutionizing Online Trading with Cutting-Edge Technology

FXMAG Team FXMAG Team 15.04.2024 14:16
In the ever-evolving landscape of online trading, AIPRO-500 stands out as a beacon of innovation and reliability. With a commitment to providing traders with a seamless and secure platform, AIPRO-500 offers a comprehensive suite of services backed by state-of-the-art technology and expert support. Let's delve into what sets AIPRO-500 apart and why it's becoming a preferred choice for traders worldwide. What is AIRPRO500? AIPRO-500 specializes in strategic investments within the digital asset ecosystem. Since its inception in 2020, the company has consistently led the way in a rapidly evolving market, delivering exceptional results and services. Its mission is to provide clients with the most advanced tools and experiences, ensuring a balanced yet effective approach to both traditional and digital asset management.   In addition to its asset management services, AIPRO-500 also offers a range of financial services focused on cryptocurrencies and blockchain technology, including:   Leading the way in providing cryptocurrency trading signals and efficient portfolio management, making it a leader in the digital asset ecosystem. Strategic financial services tailored to enterprises leveraging blockchain technology and digital assets. Fully managed trading accounts with brokerage services. Major investments in various ventures, including liquid cryptocurrencies and digital assets.   AIPRO-500 collaborates with teams and projects shaping this paradigm-shifting technology, as investors and users, from the earliest stages through the entire journey in the liquid market. It leverages and builds blockchain infrastructure to create the future of financial services, including securitizing traditional assets on-chain and collaborating with real credit originators to provide capital and support as they grow.   State-of-the-Art Trading Platform At the core of AIPRO-500's offerings is its advanced trading platform, meticulously designed to meet the diverse needs of traders. Powered by cutting-edge AI technology, the platform provides intelligent strategies and insights, empowering traders to make informed decisions and capitalize on market opportunities. Whether you're a seasoned trader or just starting, the user-friendly interface ensures a hassle-free trading experience across various devices.   Security and Reliability Security is paramount in the world of online trading, and AIPRO-500 prioritizes the protection of its clients' assets and information. Utilizing advanced encryption protocols and adhering to strict security standards, AIPRO-500 offers a secure trading environment free from unauthorized access and cyber threats. Traders can execute transactions with confidence, knowing that their sensitive data is safeguarded at all times.   Global Market Access AIPRO-500 opens doors to a world of trading opportunities, providing access to a wide range of financial instruments across global markets. Whether it's cryptocurrencies, CFDs, or traditional assets, traders can explore endless possibilities and diversify their portfolios according to their investment goals. With real-time quotes and market analysis tools, AIPRO-500 empowers traders to stay ahead of market trends and seize profitable opportunities.   In the intricate realm of finance, maneuvering through the dynamic shifts of the market requires a blend of expertise and innovation. At AIPro-500, this synergy is epitomized by Senior Account Manager Charlie J Florence, whose astute leadership has steered the company to remarkable feats. Renowned for surpassing benchmark standards in 2023, Charlie's mantra, "Trust the process, but strive to influence it," underscores his strategic approach.   With a profound understanding of financial dynamics, Charlie leverages cutting-edge technologies and AI advancements to masterfully navigate market complexities. His stewardship ensures clients benefit from tailored strategies that capitalize on emerging trends while mitigating risks. Bolstered by his visionary perspective, AIPro-500 is committed to empowering traders with unparalleled resources and personalized guidance, facilitating their journey towards financial prosperity. For further insights into Charlie J Florence's transformative impact on the trading landscape, please visit Yahoo   In conclusion, AIPro-500 emerges as a trailblazer in the world of online trading, offering a blend of cutting-edge technology, security, and expert support. With its intuitive platform, global market access, and commitment to client satisfaction, AIPro-500 sets a new standard for excellence in trading. Whether you're a novice trader or an experienced investor, AIPro-500 provides the tools and resources you need to thrive in today's dynamic market environment. HOW TO GET STARTED? 
Enhance your digital investment journey with Elite Asset Management. What is Elite Asset Management - our review

Enhance your digital investment journey with Elite Asset Management. What is Elite Asset Management - our review

FXMAG Team FXMAG Team 15.04.2024 14:15
Navigating the complexities of the digital assets ecosystem demands expertise at the intersection of various disciplines, from cryptography to portfolio management. At ELITE ASSET MANAGEMENT, a distinguished London-based independent financial advisory group, we specialize in guiding clients through the dynamic landscape of digital investments. Our approach is rooted in a team-based ethos, leveraging specialized skills in financial planning, tax-efficient structuring, and asset management.  Whether you're an individual investor, a company, a trust, or a charity, we offer tailored solutions to address your unique wealth management needs. Our commitment to delivering unparalleled service and expertise ensures that our clients receive comprehensive support at every stage of their financial journey.   Elite Asset Management's Commitment to Investor Success Elite Asset Management stands out as a preferred choice among investors seeking reliable and professional asset management services. As a registered Investment Advisor specializing in digital assets, Elite Asset Management operates under strict fiduciary responsibilities to prioritize the interests of its clients. Leveraging its expertise as early pioneers in the digital asset field, the company delivers exceptional portfolio management services. With a commitment to innovation, Elite Asset Management offers research-based investment strategies that have garnered acclaim, including derivative-based yields and tokenized assets. Investors can choose from a variety of strategies tailored to their goals, whether seeking yield generation, alpha, or indexed beta exposure.   Proven Excellence in Asset Management and Client Services Backed by a team with extensive experience in investment banking, asset management, and global capital markets, Elite Asset Management boasts a proven track record of success. The company seamlessly integrates financial innovation with regulatory compliance to provide comprehensive coverage for its clients. When it comes to custody solutions, Elite Asset Management partners with qualified custodians to ensure world-class security in navigating the complex landscape of digital assets. This commitment to security extends to all aspects of its services, providing clients with peace of mind. In addition to its core asset management offerings, Elite Asset Management provides bespoke client services, offering personalized solutions to meet individual needs. The company's experts are equipped with the knowledge and expertise to address various client requirements professionally. Elite Asset Management's powerful and reliable trading platform enables investors to trade cryptocurrency from anywhere, anytime. With support for desktop, mobile, tablet, and iPad devices, along with a wide range of assets and live charting tools, the platform caters to both professional investors and beginners alike. Founded on the principles of embracing disruptive technology and emerging business models, Elite Asset Management remains at the forefront of the digital asset ecosystem. Since its inception in 2009, the company has been dedicated to providing clients with the best tools and experiences while maintaining a prudent yet impressive approach to asset management. In addition to asset management, Elite Asset Management offers investment banking services for blockchain and digital asset companies, prime brokerage for fully managed trading accounts, principal investments in various ventures, and crypto trading signals and portfolio management.     Elite Asset Management offers three tiers of investment opportunities, each tailored to cater to distinct investor preferences and financial capabilities. Let's delve into each tier:   Elite Bronze Investment Range: Starting at £10,000, the Elite Bronze tier provides entry-level access to Elite Asset Management's investment platform.   Insurance Recovery: Investors benefit from insurance coverage to mitigate potential risks associated with their investments. Fully Managed Account: Clients receive personalized portfolio management services, ensuring their investments are actively monitored and optimized. Personalized Trading: Tailored trading strategies are provided to align with individual investor goals and risk tolerances. ICO Access: Investors gain opportunities to participate in initial coin offerings (ICOs), accessing innovative blockchain projects. Secure Wallet: A secure digital wallet is provided to store and manage digital assets safely. Minimum Stake £25: Allows flexibility in investment amounts, accommodating varying financial capacities. Full Trading Tools: Comprehensive trading tools and resources are available to facilitate informed decision-making. Daily Crypto Signals: Investors receive daily signals and insights to stay informed about market trends and opportunities.   Elite Silver  Investment Range: Ranging from £50,000 to £100,000, the Elite Silver tier offers enhanced investment capabilities compared to the Bronze tier. Additional Features: Personal Expert Broker: Access to personalized brokerage services provided by - seasoned investment experts. Personal Accountant: Dedicated accounting services to manage investment-related financial matters efficiently.   Elite Gold Investment Range: Designed for high-net-worth individuals and institutions, the Elite Gold tier accommodates investments ranging from £100,000 to £250,000. Exclusive Features: VIP Transactions: Priority access to exclusive investment opportunities and transactions. Personal Financial Advisor: Dedicated financial advisory services tailored to individual investment goals and wealth management strategies. Access to DAV Project: Exclusive access to elite investment projects and initiatives. International Events: Invitations to international investment forums and events, fostering networking opportunities and access to global insights.   Each tier is meticulously crafted to provide investors with a range of benefits and services, empowering them to navigate the dynamic world of digital assets confidently. Whether investors are seeking entry-level opportunities or exclusive VIP services, Elite Asset Management's investment tiers cater to diverse investment needs and aspirations.   Advanced AI Tools: A Testimonial from Elite Asset Management Andrew Noble, senior corporate investment account manager at Elite Asset Management, asserts, "Our platform is engineered to empower traders of all proficiencies, from novices to seasoned experts. We are steadfast in delivering sustainable returns while furnishing our clientele with indispensable resources and guidance for triumph." Incorporating AI Advancements for Optimal Trading: At Elite Asset Management, we leverage cutting-edge technology to mitigate risk and optimize profits. Our platform integrates advanced protection orders, intelligent take-profit strategies, dynamic stop-loss mechanisms, and innovative trailing stops. With features like auto signals and other sophisticated tools, traders gain insights that drive informed decisions, ensuring strategic superiority and precision in portfolio management. Empowering Traders with Unmatched Precision and Insight: Through the implementation of AI-driven trading tools, Elite Asset Management offers traders unparalleled precision and insight. Our platform's sophisticated algorithms analyze market data in real-time, enabling users to seize lucrative opportunities and mitigate potential risks with confidence.   >> Read more: Elite Asset Management Introduces New Forex Solutions for Beginners and Professionals   Conclusion In conclusion, Elite Asset Management emerges as a frontrunner in the Forex trading landscape, particularly for digital asset investments. With a comprehensive suite of features, competitive fees, and robust security measures, Elite Asset Management empowers traders to excel in the ever-evolving financial markets.
Donk.Meme Launches Presale As The Solana Meme Project Readies For Raydium Listing

Donk.Meme Launches Presale As The Solana Meme Project Readies For Raydium Listing

FXMAG Team FXMAG Team 12.04.2024 08:01
Dublin, Ireland, April 11th, 2024, Chainwire Donk.meme, a Solana-based meme coin has announced the launch of its presale $DONKM token presale.  Following the successful trajectories of predecessors like Bonk and Bome, both of which experienced remarkable growth, the Donk.Meme team is eager to try to follow their footsteps. Donk.Meme draws its inspiration from the beloved, talkative donkey character of the Shrek franchise, hoping not just to entertain but also to carve a niche for itself within the Solana Meme Coin ecosystem.   What Makes Donk.Meme Special? Donk.Meme differentiates itself with a no-cap presale model that encourages wide participation and ensures fairness in token distribution. This approach, reminiscent of the strategies employed by successful predecessors like Book Of Meme ($BOME) and Pepe Token, are adopted by Donk.Meme.   Donk.Meme Presale Details:  Total Supply: 1 Billion $DONKM Tokens Presale Allocation: 700,000,0000 $DONKM Tokens (70% of the total supply). Presale Ends: 12th April, 4pm UTC No Minimum & Maximum Cap, this is to make it as fair as possible.   How To Join Donk.Meme Presale Users should set Up A Solana wallet using trust wallet or phantom wallet. If users don't have $SOL, they need to acquire it from Exchanges like Finance, Coinbase or Kucoin or others. Users should send $SOL To The Presale address and make sure it's the official one. A Dashboard will be provided where users can calculate the amount of $DONKM they will receive relative to the total amount of $SOL contributed. The purchased $DONKM tokens will be airdropped after the presale ends.   About Donk.Meme ($DONKM) Donk.Meme is a pioneering meme coin project launched on the Solana blockchain, inspired by the beloved character Donkey from the iconic Shrek series. To visit The Donk.Meme Presale Page Users can stay Up to date By Following Donk.meme On Social Media Website | Twitter | Telegram | Discord DONK is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in cryptocurrencies is volatile and dangerous.
Tune into Innovation: WaysConf 2024 - Central and Eastern Europe's Premier Digital Product Creator Event

Tune into Innovation: WaysConf 2024 - Central and Eastern Europe's Premier Digital Product Creator Event

FXMAG Team FXMAG Team 09.04.2024 14:02
WaysConf, the largest event for creators of digital products in Central and Eastern Europe, is set to take place on September 19-20, 2024. WaysConf has evolved to embrace professionals from diverse backgrounds, including researchers, designers, developers, and managers.   With the code: FXMAG you will receive -15% off your ticket   With a mission to promote unique and empowering conversations on digital design, WaysConf brings together the brightest minds in the industry for a dynamic and inclusive conference experience. Attendees can expect inspiring keynote speeches, engaging workshops, and networking opportunities with like-minded professionals. WaysConf recognizes that exceptional digital product creation requires collaboration and cross-disciplinary expertise. The conference serves as a platform for knowledge-sharing, networking, and career growth, enabling participants to stay at the forefront of the rapidly evolving digital landscape. Join us at WaysConf 2024 in Krakow, Poland on September 19-20, 2024, and be a part of the vibrant community driving innovation and shaping the future of digital products. For more information and to secure your spot, visit waysconf.com.     With the code: FXMAG you will receive -15% off your ticket.   About WaysConf: WaysConf is Central and Eastern Europe's premier conference for digital product creators. The conference brings together professionals from various disciplines, including researchers, designers, developers, and managers, to promote unique conversations, knowledge-sharing, and career growth in the digital design industry. For more information, visit waysconf.com.
BrokersView Expo Dubai 2024:  Connecting Global Trading and Fintech Communities for Success

BrokersView Expo Dubai 2024: Connecting Global Trading and Fintech Communities for Success

FXMAG Team FXMAG Team 04.04.2024 07:37
Dubai will once again affirm its role as a nexus for global trade and finance by hosting the BrokersView Expo Dubai 2024. The event is set to welcome a confluence of industry leaders, innovators, decision-makers, and investors who are actively shaping the contours of global trading and fintech. BrokersView.com,, the esteemed broker review platform with over 120,000 registered users, is the orchestrator behind this seminal event. The platform's reach encompasses more than 20,000 licensed brokers and draws in excess of 300,000 monthly active users, cementing its position as a trusted hub for the trading community.   Key Details Time: April 2024 Location: Dubai Nature: Financial and Fintech Expo   Who Should Attend The expo invites participation from: Traders and investors looking to discover new market opportunities and strategies. Industry leaders and experts in forex and fintech desiring to present new ideas and innovations. Forex and fintech enterprises aiming to enhance brand visibility and pursue global business expansion, including brokers and providers of cutting-edge services such as payment gateways, hosting solutions, licensing support, liquidity services, white label solutions, trading platforms, and risk management tools. The event promises a wealth of opportunities for exhibitors to demonstrate their leading-edge products and services to a targeted audience, encouraging fruitful business interactions and potential partnerships. Simultaneously, it offers attendees the chance to engage with a curated selection of industry trailblazers, expanding their network, and staying abreast of the latest industry innovations. A spokesperson for BrokersView.com conveyed, "The BrokersView Expo Dubai 2024 embodies a key initiative for forward-thinking engagement within the financial and fintech sectors, providing a pivotal arena for knowledge exchange, innovation, and professional growth."   Registration and Further Information The BrokersView Expo Dubai 2024 is an event not to be overlooked by those eager to contribute to and benefit from the next wave of financial innovation. To learn more or to register for the event,please visit the official website , or reach out to the organizing committee via . For further information about the BrokersView Expo Dubai 2024 or to register, interested parties are encouraged to visit the official website or contact the organizers directly through the provided email address.   About BrokersView Expo The BrokersView Expo Dubai 2024 is envisaged as a cornerstone for fostering perfect face-to-face networking opportunities for professionals in the finance and fintech sectors. Set for April 2024 in Dubai, the expo is dedicated to traders and investors seeking fresh opportunities in the financial markets, industry experts aiming to showcase new ideas, and forex and fintech companies wishing to amplify their global brand presence. These companies include an array of service providers offering innovative solutions ranging from payment gateways and hosting solutions to trading platforms and risk management tools.   Media Contact Organization: BrokersviewContact Person: SarahWebsite: https://www.brokersview.com/Email: business@brokersview.comCity: LimassolCountry: Cyprus SOURCE: Brokersview  
BrokersView Expo Dubai 2024: Discover Unique Trading Insights and Opportunities

BrokersView Expo Dubai 2024: Discover Unique Trading Insights and Opportunities

FXMAG Team FXMAG Team 04.04.2024 07:36
 Meet leading brokers and fellow traders at BrokersView Expo Dubai 2024!  BrokersView Expo Dubai 2024 is set to take place from the 16th to the 17th of April 2024 at Conrad, Dubai. This prestigious global event serves as a hub for the financial sector and fintech communities, bridging leading brokers, traders, and industry experts.  Navigating the intricate financial markets can be overwhelming, leaving many struggling to break through the trading horizon. Now, insightful ideas await ahead at BrokersView Expo! Distinguished speakers from the UAE will share their exclusive trading insights during the Inspiring Talks, igniting inspiration and propelling your trading journey forward. While enjoying complimentary tea breaks at BrokersView Expo, you can also explore invaluable insights and connect with top brokerage firms around the world. This unparalleled opportunity serve as a turning point for every trader who is looking for cutting-edge trading strategies.   Register for BrokersView Expo Dubai 2024 Date:April 16-17th Venue:Conrad Dubai Since 2016, more than 120 precious exhibitors have joined the BrokersView Expo to create a better trading world for investors.  Widely echoed and supported among global investors, BrokersView Expo Dubai 2024 connects top financial services providers, including those specializing in forex, stocks, cryptocurrencies, and more. Additionally, the Expo features participation from exchanges, CRM providers, white-label solutions, liquidity providers, PSPs, and blockchain companies. Join us and find the best brokers for you at the BrokersView Expo Dubai 2024!   About BrokersView As an industry-leading broker review platform, BrokersView is committed to assisting global traders in finding the best forex broker in an easy and fast manner since its inception in 2016. BrokersView has developed rapidly and built a great reputation among its 2,000,000+ registered users, winning the favor of traders from all over the world. We provide traders with access to detailed and comprehensive information, professional analysis, a real assessment system, and extensive comments from existing broker clients. All the data collected are used for the purpose of improving trading transparency and providing objective contents. Furthermore, BrokersView's comprehensiveness enables it to help traders resolve complaints and disputes with forex brokers, bring scammers to light, select forex brokers, share trading experience, and learn the latest news.
Wiki Finance Expo Hong Kong 2024 Is Coming in May! - 29.03.2024

Wiki Finance Expo Hong Kong 2024 Is Coming in May! - 29.03.2024

FXMAG Team FXMAG Team 29.03.2024 14:17
Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential FinTech and Web3.0 events in Asia in 2024. Participation is free. Register here to get your ticket for free: https://www.wikiexpo.com/HongKong/2024/en/hkexpo.html   500+ Event Supporting Partners, Co-Designing the Future of FinTech Supported by 300+ outstanding companies, 200+ media, 30+ sponsors, and 3,000+ attendees in the fintech, forex, blockchain, Web3.0, crypto, NFTs, Metaverse, DeFi, ESG fields, Wiki Finance Expo, Hong Kong 2024 has promised to bring a wonderful and rewarding summit for the industry.   Dominic Williams, Founder & Chief Scientist, DFINITY Foundation Evan Auyang Chi-chun, Group President, Animoca Brands Justin Sun, Founder - TRON, Member - HTX Global Advisory Board Jun Du, Founder, SINOHOPE & ABCDE Capital Alvin Hu, Managing Director, Head of Key Account, KuCoin Exchange Kevin Lee, CEO, Gate.HK John Patrick Mullin, Co-Founder, MANTRA Prof Li Wenzheng, IEEE China Council Executive Director / Chairman of IEEE Industrial Cooperation and Innovation Committee, Beijing University of Technology Weronika Marciniak, CEO, Future is meta Daniel So, Business Development Director, Worldpay Emomotimi Agama, Fellow, U.S. SEC & IFC - Milken Institute, Managing Director, Nigeria SEC/NCMI Loretta Joseph, Policy Consultant, The Commonwealth, Chairman, ADFSAC Dr. Florian M Spiegl, Appointed Member, (HK) SFC - FinTech Advisory Group, Founder & CEO, EVIDENT, Lecturer, HKU - Faculty of Business and Economics Sandeep Sethi, Co-chair, GreenTech and ESG Committee, Fintech Association of Hong Kong Jonathan Gill, Senior Tokenisation Director and Legal Advisor, HashKey Group Stratos Pourzitakis, PhD, Head of Digital Policy APAC, HSBC Bugra Celik, Director, Digital Assets | Global Private Banking & Wealth, HSBC Gilbert Ng, Director, The Association of Blockchain Compliance Professionals   These guests will bring their profound insights and cutting-edge ideas in the fields of financial technology and WEB3.0, engaging with the audience to discuss and share the latest developments and future trends of the industry.   Don't Miss Out 📅 Time: May 17, 2024 📍 Venue: Sky100, Hong Kong. 📌 Covered areas: Fintech, Blockchain, Crypto, Web3.0, Metaverse, Payments, Forex, NFTs, RWA, Tokenization, ESG 👥 Participants: 3000+ 🎤 Speakers: 50+ 🎈 Booth: 100+   Don't miss this unparalleled opportunity for networking, learning, and business growth, taking a step toward a safer and more prosperous financial future. And don't forget to spread the word.    See you there!  
AshPerp Perpetual Trading dostępny na MultiversX (EGLD), Mina (MINA) niepewna, ponieważ Pullix (PLX) jest notowany na BitMart

AshPerp Perpetual Trading dostępny na MultiversX (EGLD), Mina (MINA) niepewna, ponieważ Pullix (PLX) jest notowany na BitMart

FXMAG Team FXMAG Team 01.03.2024 09:21
The quest by many cryptocurrencies to have a blast in the bull run is garnering momentum. While some tokens are on the verge of entering the bull market, many are still battling the downtrend. MultiversX (EGLD) is partnering with AshPerp trading exchange for seamless perpetual trading. However, Mina (MINA) faces an uncertain future as the token is still hovering in the bear trends. Meanwhile, Pullix (PLX), a highly rated decentralized cryptocurrency, is making waves after BitMart announced it will list the token very soon. Let's explore the three tokens and see their price forecasts ahead. Pullix (PLX) Continues Final Presale Stage As BitMart Announces Its Listing  With MultiversX gaining adoption and Mina facing an uncertain future, the Pullix platform's growth potential has been admired by the crypto market. Since the start of the presale, Pullix has shown a lot of potential and has been ranked as one of the best DeFi coins in the market. The PLX token is projected to continue witnessing a high adoption rate as a result of its uniqueness. Pullix is developing an extraordinary hybrid trading platform that integrates the best features of CeFI and DeFi. With the existing exchanges charging high transaction fees, the Pullix trade-to-earn platform offers zero commission on transactions, high liquidity, and security. Notably, Pullix is a non-custodial exchange that does not interfere with how Investors manage their assets.  Since the start of the presale, Pullix has gone from a $0.04 price value to $0.14, with early investors already getting over 250% ROI. The platform has raised over $8M in presale, with close to 20,000 people joining the presale. Notably, Pullix has sold more than 120M of its ERC20 token PLX, with the presale now in bonus stage. Due to this performance, Pullix has been listed on the popular crypto data aggregator website, CoinGecko. After listing on BitMart, the platform is also eyeing more tier 1 listings before launch. The platform has unveiled the profit share model which allows investors to earn a fixed daily percentage from the platform's daily revenue. As part of plans to stabilize the token, Pullix will redistribute the unpurchased tokens as platform rewards to users with the surplus token earmarked for burning at a later date. With a possibility of a 100x surge before the end of the year, Pullix is one of the best DeFi coins to purchase now.  MultiversX (EGLD) Partners with AshPerp For Perpetual Trading As part of an effort to become a mainstay in the DeFi landscape, MultiversX (EGLD) has announced perpetual trading features with AshPerp. The partnership will ensure that AshPerp provides on-chain trading of digital assets such as cryptocurrency, FX, and stocks on the MultiversX network. This means perpetual traders will be able to trade $BTC, $ETH, $EGLD, $SOL, and other tokens on MultiversX with up to 100x leverage. Also, investors can stake their assets in the Perp vault and enjoy a centralized trading experience. Meanwhile, the MultiversX price has increased by 8% in the past month, with analysts projecting more uptrends as the platform developments take effect.  Mina (MINA) Faces Uncertain Future Amidst Bullish and Bearish Call Mina (MINA) is experiencing extreme volatility as the token graduates between the bearish and the bullish sentiments. On the 30-day trading chart, the Mina token gained 19%, only for the gains to be reversed in the weekly charts in which the token price declined by 17%. Since the start of the year, the Mina price has hovered between $1.00 and $1.54, showcasing the extreme volatility of the token. However, with the Mina token price edging closer to the $1.40 resistance zone, a break out of this zone could stabilize the price in the coming weeks.     For more information regarding Pullix’s presale see links below: Visit Pullix  Join The Pullix Communities    
What is Investiva? A trusted name in online trading: The most important information, customer reviews, conditions, costs and broker's offer

What is Investiva? A trusted name in online trading: The most important information, customer reviews, conditions, costs and broker's offer

FXMAG Team FXMAG Team 29.02.2024 10:20
Investiva stands out as a global leader in online trading, recognized for its world-class service and wide range of financial solutions for investors of all levels. Recognized for its industry excellence, Investiva has been honored with prestigious awards such as the Finance Feeds Awards 2023 for Outstanding Multi-Asset Trading Platform and the Fund Intelligence Operations and Services Awards 2023 for Best Cryptocurrency Trading Platform. In addition, Investiva's commitment to innovation and user experience has been recognized with awards such as the Red Dot Design Award 2022 for Best Financial App. With Investiva, investors can access cutting-edge technology, diverse trading options and world-class support, allowing them to navigate the financial markets with confidence and success. Leading with purpose: Always one step ahead of the market At Investiva, you lead with a clear purpose: to offer dynamic, multi-asset solutions that set the standard in the trading industry. The Investiva MarketFlow™ platform provides the opportunity to trade, invest, explore and profit in a wide range of assets, including cryptocurrencies, ETFs, Forex and CFDs, with real-time guidance and over 3,000 available options. With Investiva CryptoVault, you are offered the ability to invest in a diversified portfolio of cryptocurrencies and blockchain assets, securing your financial future with low-risk investment strategies tailored to the dynamic world of cryptocurrency markets. Investiva is always one step ahead of the market, providing security and growth in its clients' investments.   Where experience meets innovation At Investiva, experience meets innovation to offer clients the best in financial services. Its team is comprised of highly trained professionals dedicated to providing exceptional services. With world-leading investment managers, Investiva is positioned at the forefront of the industry. Its purpose goes beyond providing a superior technological experience, seeking to expand the reach and democratize access to financial markets. Reflecting on the year's performance, Investiva recognizes the potential for growth through a more stable and predictable revenue model. Its ethos of exceeding standards continues to guide its path to excellence and innovation in the financial markets.   Charting the future of trading: Investiva, a leader in innovation and confidence Investiva has earned the trust of thousands of traders by offering a trading platform that makes leaps and bounds in favor of cryptocurrency traders by providing user-friendly solutions. The importance of a trading platform that supports its users is evident in the full Investiva broker review, which highlights the most salient features for successful trading and answers questions about the platform and more. Investiva Forex Broker leads the new generation of cryptocurrency traders with its multi-asset trading platform, a software that suits every type of trader. Fuente: Investiva UK-based broker Investiva's review is revolutionizing the way cryptocurrencies and blockchain assets are traded, with features that positively impact cryptocurrency trading. Investiva, in its 2024 review, attracts thousands of traders thanks to its innovative platform. The cryptocurrency trading revolution without the need to be tech-savvy is possible thanks to Investiva, which presents a world-class solution in online trading by offering excellent software and an extensive list of assets. Contributing to change: Investiva and its social commitment At Investiva, we are not only focused on financial growth; we are committed to making a positive impact on the world around us. As part of our corporate responsibility initiatives, we actively participate in the fight against climate change by contributing to carbon elimination projects. We believe in balancing profit with purpose and are dedicated to creating a more sustainable future for all. Invest with us and be part of the solution. Successful Experiences: Investiva Reviews from 10+ countries and 3000+ clients Investiva has won praise from traders around the world, with a presence in 10+ countries and a global client base of over 3000+. Its stellar ratings underscore its smooth and efficient trading experience, making it the preferred choice for traders. Crypto, Forex and CFD trading platform with real-time guidance Investiva offers its users the opportunity to take advantage of leverage on a wide range of over 3,000 trading assets. They experience tight spreads, instant execution and transparent pricing, all backed by advanced analytical tools and accurate charting. Navigating the financial horizon with Investiva MarketFlow Investiva users can explore different account levels, from Basic to Zenith, to suit their needs and trading styles. From basic spreads to advanced market analysis tools, Investiva provides the right platform to meet your clients' financial goals. Powering trading success with Investiva Investiva offers optimal trading conditions for its users to make the most of every trade. From ultra-fast execution to negative balance protection, with no requotes or hidden fees, Investiva is committed to providing a secure and transparent trading experience. Investiva Elite Club: exclusive access for high net worth investors Investiva Elite Club, where high net worth investors enjoy an unparalleled level of access and personalized service. Join this exclusive community to achieve exceptional financial performance and enjoy a suite of world-class services. Consult with an expert and trade over 3,000 market assets in a minute. At Investiva, they understand the importance of asset diversity to maximize the trading potential of their users. From forex currency pairs to cryptocurrencies, energy, indices and more, their platform offers a wide selection to meet their clients' investment needs. Start your derivatives trading journey today From asset selection to trade execution, Investiva offers its users the tools they need to start their derivatives trading journey successfully. With options for every type of trader, they are there to help achieve their clients' financial goals. Powerful trading on the go Whether at home or on the go, Investiva's trading platform is designed to provide an exceptional experience. With advanced features and an intuitive interface, users can take advantage of market opportunities anytime, anywhere. Optimize your profits during market volatility Investiva allows its users to take advantage of both bullish and bearish market trends. With its platform, they can protect their existing investments, capitalize on market ups and downs, and trade in real time on a variety of financial assets. Market-leading education for all levels of experience Investiva offers a wide range of free educational tools and resources to develop CFD trading skills. From platform guides to advanced strategies, articles and webinars led by their market analysts, they provide the knowledge you need to achieve trading success. Learn about the stock market Become an expert in stock market fundamentals with the help of Investiva. From basic concepts to advanced strategies, their educational resources prepare users to begin their journey in stock investing with confidence and knowledge. Guide to gold trading Discover the secrets of trading gold, one of the world's most traded commodities. Through a detailed guide, users will explore the financial and cultural opportunities offered by this precious metal. Creating a trading plan A solid trading plan is essential for success in the market. Investiva offers the tools necessary to develop an effective plan that promotes consistency, discipline and emotionally balanced decision making. Economic Indicators for Event-Driven Trading Learn how to leverage economic indicators to make informed trading decisions. Investiva's educational resources guide users in understanding and applying economic events in the financial market. Short-term trading vs. long-term trading Compare short-term and long-term trading strategies to determine which best suits your financial goals and investment style. Investiva provides detailed information to help users make informed decisions based on their trading history. How to become a trader From assessing personality to selecting a preferred trading style: Investiva MarketFlow™ or Investiva CryptoVault for investors looking for low-risk investment strategies tailored to the dynamic world of cryptocurrency markets. Investiva guides users every step of the way to becoming a successful trader. Discover the skills and knowledge needed to succeed in the financial marketplace. Trading tips to transform your strategy Investiva experts share valuable tips for improving trading strategy and successfully navigating the financial markets. From managing risk to identifying investment opportunities, these tips will help users achieve their financial goals. Quality support for financial success Investiva is committed to transforming the financial future of its users through its state-of-the-art trading platform. Experience the best CFD trading platform designed to achieve financial freedom while ensuring security in every trade.   E-mail address For email inquiries, users can contact Investiva at Support@investiva.com. The support team will be happy to assist with any questions or concerns about the platform or financial operations. Live Chat Users can start a real-time conversation with the support team via live chat. By clicking on the "Start live chat" button, they will be instantly connected to an agent who will provide personalized assistance. Source: Investiva Phone For those who prefer telephone communication, Investiva offers the option of calling +44 20 3808 7662. The support team is available to answer and resolve questions in an efficient and professional manner. Frequently Asked Questions Users can consult the frequently asked questions section for quick answers to the most common queries. From how to change email address to details on two-factor authentication, they will find useful information to manage their accounts successfully. Newsletter subscription To keep up to date with the latest market news and trading recommendations, users can subscribe to Investiva's weekly newsletter. Don't get left behind, sign up today to receive exclusive content directly to your inbox!   https://www.linkedin.com/company/investiva-uk/Investiva (@Investiva_UK) / X (twitter.com)https://www.facebook.com/InvestivaOfficialhttps://www.youtube.com/@Investiva
CoinGecko Enhances Cryptocurrency API with On-Chain Decentralized Exchange Data

CoinGecko Enhances Cryptocurrency API with On-Chain Decentralized Exchange Data

FXMAG Team FXMAG Team 28.02.2024 12:12
Over 2 million on-chain token and liquidity pool data are accessible via API, effective today. On-chain decentralized exchange (DEX) data is now directly accessible on CoinGecko API. The data is powered by real-time DEX tracker and aggregator, GeckoTerminal. Users can leverage one unified API for crypto price, market data and metadata, as well as on-chain token and liquidity pool data for cryptocurrencies not yet listed on CoinGecko. This product update expands CoinGecko API’s coverage to over 2.2 million tokens on-chain across 2.5 million crypto liquidity pools across more than 120 networks and 900 decentralized exchanges. All on-chain data is immediately available to paid API subscribers through 20 new endpoints. Notable data sets include crypto liquidity pools, token data by contract address and OHLCV chart data.   SINGAPORE, February 28, 2024  — CoinGecko, the world’s largest independent cryptocurrency data aggregator, today announced that on-chain decentralized exchange (DEX) data is directly accessible through its API. Crypto projects, developers and users can now leverage one unified API to retrieve crypto price, market data and metadata, as well as on-chain token and liquidity pool data for cryptocurrencies not listed on CoinGecko.   This on-chain data expansion significantly enhances CoinGecko API's offering, as it increases its coverage to 2.2 million tokens on-chain across 2.5 million crypto liquidity pools. This data is powered by CoinGecko's sister product, GeckoTerminal, which monitors real-time crypto price, trading volume, transactions, liquidity and more, on over 900 DEXes across 120 blockchain networks – including popular platforms like Uniswap, PancakeSwap, Orca, Curve, and Balancer.   “We’ve always been committed to furnishing users with comprehensive, reliable and accurate crypto price and market data, and empowering the crypto community,” said Bobby Ong, COO and Co-founder of CoinGecko. “With on-chain DEX data now accessible through the CoinGecko API, users can harness the information without having to consolidate from multiple sources, dive deeper into the decentralized ecosystem and unlock new avenues of product creation.”   All on-chain data is immediately available to paid API subscribers through 20 new endpoints. Notable data sets include crypto liquidity pools (trending pools, top pools and newest pools), token data by contract address and Open, High, Low, Close, Volume (OHLCV) chart data of a pool. Users can additionally search for crypto pools on a network.   This product update comes shortly after CoinGecko’s strategic acquisition of Zash, leading non-fungible token (NFT) data infrastructure and intelligence company, in November 2023. ### About CoinGecko Since 2014, CoinGecko has been a trusted source of information by millions of cryptocurrency investors. As the world’s largest independent cryptocurrency data aggregator, its mission is to empower the cryptocurrency community with an in-depth, 360-degree overview of the market. CoinGecko delivers comprehensive information from thousands of data points such as price, trading volume, market capitalization, developer strength, community statistics, and more. It currently tracks over 12,000 crypto assets from 900 exchanges worldwide. For more information about CoinGecko and its API, visit www.coingecko.com and www.coingecko.com/api.   About GeckoTerminal GeckoTerminal is a decentralized exchange (DEX) aggregator and advanced price charting tool for cryptocurrency traders, released in 2022 by CoinGecko. It currently tracks over 2 million tokens and crypto liquidity pools across more than 900 DEXs on 120 networks. For more information about GeckoTerminal, visit www.geckoterminal.com.   Press Contact Julia Ng  julia.ng@coingecko.com Growth Marketing & PR Lead
XS.com Strengthens African Presence with South African License Acquisition

XS.com Strengthens African Presence with South African License Acquisition

FXMAG Team FXMAG Team 21.02.2024 12:14
XS.com, the leading FinTech and financial services provider, has unveiled its latest strategic move to tap into the growing opportunities in the African continent. The global multi-asset group has successfully acquired "Ubutyebi Financial Services," a licensed Financial Service Provider (FSP) as regulated and endorsed by the South African Financial Sector Conduct Authority (FSCA). In an official announcement, XS.com revealed that the acquisition enables the establishment of "XS ZA," a licensed Financial Service Provider entity in South Africa, with license number 53199. This significant development positions XS.com as a formidable player in the South African market and sets the stage for broader expansion across the African region. Operating under this new name, XS ZA (Pty) Ltd is now authorized to provide through XS.com, diverse range of asset classes, including FX and CFDs products, to both retail and professional clients not only in South Africa but also across other African nations. Wael Hammad, the Group Chief Commercial Officer at XS.com, expressed enthusiasm about the acquisition's implications, stating: "With this acquisition, XS.com boldly charts its path to significant growth in the African continent, particularly in the South African market. This move opens new opportunities and reinforces XS.com's position as a global leader in the online trading industry." Fabian Frants, the Business Development Director of XS.com in South Africa and Director of "XS ZA,", highlighted the strategic significance of the move, stating: "This milestone solidifies XS.com's dedication to advancing financial services in the South African market and beyond. We are excited about the opportunities 'XS ZA' brings, allowing us to tailor our offerings to meet the unique needs of the African clientele. Our commitment to innovation and client satisfaction remains unwavering, and we look forward to contributing to the continued growth of the financial landscape in the region."  This strategic initiative underscores XS.com's unwavering commitment to regulatory compliance and exceptional service since its establishment in Australia in 2010. The move also aligns with the company's dedication to navigating the complexities of regulatory oversight in the South African market, overseen by the Financial Sector Conduct Authority (FSCA). The FSCA plays a pivotal role in approving platforms operating within the jurisdiction and ensures adherence to the nation's dual regulation system, with the authority to sanction companies that violate established guidelines. XS Company Review The XS Group (operating under brand name “XS” or “XS.com”) is a Global Multi-Asset Broker providing access to trade a wide range of financial products. Established in Australia in 2010, XS.com has grown into a global market leader in the FinTech, financial services and online trading industry with licenses in various jurisdictions and offices in different locations around the globe. XS.com offers traders, institutional investors and brokers worldwide access to deep institutional liquidity and advanced trading technology, combined with an efficient user experience, high-quality relationship management and excellent customer support.     Risk Warning: Our products are traded on margin and carry a high level of risk and 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.
XS.com Awarded the “Most Secure Broker” Award at “Oman Smart Vision” Summit

XS.com Awarded the “Most Secure Broker” Award at “Oman Smart Vision” Summit

FXMAG Team FXMAG Team 16.02.2024 10:38
XS.com, the global FinTech and financial services provider for online trading and investing, has been recognized with the award for "Most Secure Broker" during the “Oman Smart Vision” Summit which took place on February 14th and 15th. The event where the global multi-asset broker was featured as Global Sponsor was organized by Smart Vision Group at the esteemed “Sheraton Oman” Hotel in Muscat, Oman. The highlight of the event was XS.com being honored with the esteemed "Most Secure Broker" award, a testament to its efforts in prioritizing the security and safety of clients’ funds and information. Expressing excitement and gratitude for the recognition, Mr. Shadi Salloum, the Regional Director of XS.com in the MENA region, stated: “We extend our heartfelt gratitude to the remarkable event organizers of “Oman Smart Vision” Summit. It is with immense honor and gratitude that we accept the award for "Most Secure Broker". This award is a testament to our efforts, and we are truly humbled to be recognized among such distinguished peers.” Presenting its cutting-edge products and services at the “Oman Smart Vision” Summit, the XS.com’s Global Sponsorship shone a spotlight on its dedication to online investments. In addition, they provided invaluable insights into the latest trends and advancements within the dynamic landscape of the Fintech industry. Dr. Mohammed Elnozamy, Chairman and Managing Director at Smart Vision, Said: “I am thrilled to announce XS.com as the "Most Secure Broker" at the first edition of Smart Vision summit in Oman 2024. This award stands as a testament to the efforts of XS.com in providing a safe and secure trading environment for traders”. As Global Sponsor, the multi-award winning broker had a prominent presence throughout the “Oman Smart Vision” Summit, where they showcased a comprehensive suite of services and expertise in the Financial Services industry.  The Global Market Leader is known for prioritizing the security and safety of clients’ funds and information by continually investing in its infrastructure and implementing advanced security protocols to maintain the highest security standards and safeguard these funds.  In addition to its multiple regulations in various jurisdictions around the globe, XS.com provides clients with additional insurance protection to cover losses in excess of USD 10,000 and up to USD 5,000,000 against claims against omission, fraud, negligence and other risks that may lead to the financial loss of clients. This Civil Liability Insurance Program is underwritten by Lloyd's of London. XS.com have also invested heavily in its infrastructure and implemented advanced security protocols to ensure that its systems comply with the most stringent global security standards. XS.com Company Review The XS Group (operating under brand name “XS” or “XS.com”) is a Global Multi-Asset Broker providing access to trade a wide range of financial products. Established in Australia in 2010, XS.com has grown into a global market leader in the FinTech, financial services and online trading industry with licenses in various jurisdictions and offices in different locations around the globe. XS.com offers traders, institutional investors and brokers worldwide access to deep institutional liquidity and advanced trading technology, combined with an efficient user experience, high-quality relationship management and excellent customer support. Risk Warning: Our products are traded on margin and carry a high level of risk and 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. About Smart Vision Smart Vision is one of the largest expertise houses that is specialized in the international and local capital markets in the field of training, skills development and organizing international conferences. Smart Vision is classified in the three top positions in the field of training and financial expertise in the Arab world of the financial sector and capital markets.
FBS Marks 15 Years of Traders Trust and Raffles iPhones 15 Pro Max among Clients

FBS Marks 15 Years of Traders Trust and Raffles iPhones 15 Pro Max among Clients

FXMAG Team FXMAG Team 15.02.2024 09:55
FBS Marks 15 Years of Traders Trust and Raffles iPhones 15 Pro Max among Clients FBS, a leading global broker, celebrates 15 years since the first trader registration. To honor the significant milestone and express gratitude to its traders, the global broker is thrilled to launch the FBS 15 Anniversary Raffle with fifteen iPhones 15 Pro Max as the tempting prizes. “Established in 2009, FBS has grown into a licensed financial service provider trusted by millions of traders worldwide. We aim to reinforce our clients' confidence in trading and consistently deliver reliable financial services,” comments Alexandra Zaitseva, Head of Public Relations and Events at FBS.  FBS is renowned for its transparent and smooth gateway to financial markets. With over 550 trading instruments, fast and accurate order execution, over 200 payment methods for deposits and withdrawals, and 24/7 multilingual client support, FBS is always at traders’ service. The brand additionally caters to its clients, offering them varying resources for trading education and financial analytics. For instance, FBS’s market insights via live streams, webinars, e-shots, and social media have recently helped its clients collectively get over $1,000,000 on CFD gold trading in less than a week.   Alexandra goes on saying, “Not only do we offer top trading conditions, but also strive to constantly enhance our services. Most recently, FBS has introduced major updates to the client verification process. The implemented face scanning or liveness check technology has reduced the average verification time by 40%. Our clients now get a more efficient venue for the vast array of financial services offered by FBS.” As of the end of 2023, FBS boasts over 27,000,000 traders worldwide and has a record IB Partners team exceeding 680,000 members. The annual trading volume of FBS's clients surpassed $543 billion by the end of the year. To celebrate its 15th anniversary, FBS runs a two-week Instagram contest, starting on February 14, 2024. Participants are invited to create a post sharing their trading journey with FBS and using #HappyBirthdayFBS hashtag. Those who want to compete for an iPhone 15 Pro Max must onboard before 04:59 (GMT+2), February 28, 2024.  On February 29, 2024, fifteen iPhones 15 Pro Max will be raffled among the participants during a special birthday stream with Andreas Thalassinos, a veteran FX educator.   ______________________ About FBSFBS is a licensed global broker with 15 years of experience and more than 90 international awards. FBS is steadily developing as one of the market’s most trusted brokers, with its traders numbering more than 27,000,000 and its partners exceeding 680,000 around the globe. The annual trading volume of FBS clients is over $8.9 trillion. FBS is also the Official Partner of Leicester City Football Club. For more information, please, contact The FBS Press Office press@fbs.com  
4 Types of Bad Credit Loans

4 Types of Bad Credit Loans

FXMAG Team FXMAG Team 14.02.2024 10:02
  Conventional lending institutions see people with bad credit history as high risk. This results in increased chances of their applications getting rejected. This is where bad credit loans come in. They're specially designed for those with poor credit scores. Bad credit loans provide credit to those who have challenges getting loans elsewhere. The funds from these loans come in handy when dealing with emergencies and can be used on anything. Repaying these loans on time can help enhance your credit score, earning you lower interest rates, which translates to cheaper loans. Outlined below are four types of bad credit loans. 1. Cash advance loans Cash advance loans are a source of fast emergency cash. These short-term loans are paid back using a borrower's next paycheck. Cash advance loans have fast approval and disbursement procedures, and you can get funds almost immediately or the same day you submit your application. These loans are collateral-free, meaning you don't require any valuable assets to secure the loan. To be eligible for a cash advance loan, you must prove that you have a full-time or part-time job and the minimum salary your lender needs. Considering the many cash advance loan lenders available, finding a reliable one isn't easy. However, visiting trusted websites such as superbcashadvance.com can help you find cash advance lenders you can trust. 2. Car title loans Car title loans are a form of secured borrowing where you use your title as collateral to qualify. Unlike traditional bank loans that require good credit to be eligible, those with a bad credit score or no credit history can access vehicle title loans. These loans are usually no credit check loans. However, you must own the automobile outright. Car title loans are usually approved quickly, and you can get your money in a day or two, making them suitable for emergencies. A title loan provider assesses your vehicle's worth and offers you a percentage of it. Failure to repay your loan on time leads to the risk of losing your car. 3. Payday loans Payday loans are a form of short-term borrowing that users with bad credit or no credit history can leverage. Most of these loans don't have any collateral or credit score requirements. You don't need assets or a high credit score to qualify. Payday loans are easy to qualify for, and the application process is straightforward. Since these loans are available online, applications can be completed from anywhere, making them more convenient. The fact that no credit checks or comprehensive paperwork is involved results in fast approvals. To avoid falling prey to payday loan scams, research and read reviews on third-party sites to find the most reliable lenders. Recommendations from family members and friends can also find payday lenders you can trust. Since some providers charge exorbitant interest rates, comparing several lenders is key to landing the best deal. 4. Credit card cash advance Credit card cash advance loans are short-term borrowings offered by credit card issuers. They offer cash advances to existing clients. Besides having high approval rates and fast funding, credit card cash advances are accessible to people with bad credit. These loans need no collateral and provide immediate liquidity, making them ideal for financial emergencies. Endnote Bad credit loans are a lifesaver for people with poor credit scores or no credit history. Consider familiarizing yourself with the various types of bad credit loans you can leverage.  
The leading online trading expo is coming to Mexico

The leading online trading expo is coming to Mexico

FXMAG Team FXMAG Team 13.02.2024 09:35
1.6K+ companies and 3.5K+ attendees from over 120 countries, including thousands of traders, are preparing for LATAM's first-ever dominant online trading event.  iFX EXPO LATAM 2024 is set to take place in Mexico City on April 9-11, 2024. This global online trading event is expected to be highly sought after, with over 1.6K+ companies and 3.5K+ attendees from more than 120 countries, including thousands of traders preparing to participate. This B2C and B2B event is considered the world's most dominant online trading expo and is eagerly anticipated by traders and industry professionals alike. With such a massive turnout expected, iFX EXPO LATAM 2024 promises to be an exceptional show, surpassing all expectations. What is iFX EXPO all about? iFX EXPO is a well-established series of events that have been taking place for over a decade. It has become a global benchmark, with a strong presence in Asia, Europe, and MENA regions. Standing as one of the most significant events in the online trading industry, it brings together leading brokers, affiliates, hedge funds, fintech companies, and thousands of traders from around the world. All these attendees gather under one roof to share their knowledge and experiences whilst engaging in business activities.  The exhibition provides a unique opportunity for everyone involved in the industry to explore the latest trends and discover innovative solutions in online trading. And, for the first time, iFX EXPO is coming to Mexico, where attendees can explore the world of online trading in Latin America and experience face-to-face interactions with industry giants over the course of 2+ days.  Insightful Content and Engaging Speaker Sessions The event will place a strong emphasis on learning and traders’ education. iFX EXPO LATAM 2024 will have two content stages - the Speaker Hall and the Traders Arena, featuring 30+ speaker sessions, Q&As, panel discussions, fireside chats, and debates. These stages provide an exclusive space for industry leaders and traders to network and share their knowledge and expertise. Over 25 topics will be covered, including the hottest trends in the online trading industry, such as cybersecurity, emerging markets, AI tools, and fintech trends in the LATAM region. This blend of education, networking opportunities, and cutting-edge products and services positions iFX EXPO LATAM 2024 as a must-attend for industry professionals and newcomers alike. Discover Traders Arena - a hub of endless opportunities Traders Arena is a dedicated stage for brokers and traders of all levels to network and share knowledge at iFX EXPO LATAM 2024. The focus on this area is in response to the increasing demand for stronger and more meaningful connections between traders and brokers. Traders who attend the Traders Arena can expect to gain access to diverse learning experiences that can help improve their trading skills and knowledge, including: Networking Opportunities: Traders can connect with industry experts, fellow traders, and like-minded individuals, leading to new ideas and opportunities. Educational & Lifestyle Workshops: In these workshops, participants can learn from successful traders who will share insights into their lifestyles and offer valuable educational tips Market & Technical Analysis: Attendees can access the latest market trends and cutting-edge technical analysis techniques to help them understand current market dynamics. Trading Technology Showcase: Traders can get hands-on experience with the most advanced and innovative trading technologies, which can help them stay on the cutting edge. Inspiring Success Stories: Drawing inspiration from real success stories of professional traders who have made it big in the industry can provide valuable insights for anyone looking to succeed in online trading. Discover an exciting world of learning opportunities that can take your trading skills and knowledge to the next level.  Don't wait, register now!   Why you should attend the #1 online trading event in Latin America iFX EXPO LATAM 2024 is an unmissable event for anyone involved in the financial markets and eager to explore substantial business opportunities. Attending this event will enable you to interact with influential industry experts and forge connections with top-tier decision-makers and potential partners. The event also provides an excellent stage for attendees to connect with brokers and fellow traders from across the globe and gain valuable insights through over 13 hours of insightful content. Additionally, you can enjoy engaging in networking events and iconic parties, which make the experience unique and unforgettable.  iFX EXPO LATAM 2024 is an event that is a must-attend for: Retail and Institutional Brokers interested in expanding their range of services with institutional offerings and keen to interact directly with service providers. Traders seeking access to exclusive educational content and the best resources. Affiliates & IBs looking for profitable partnerships and their next big deal. Payments, Banks, and Liquidity Providers wanting to present the most innovative and customisable financial solutions. Technology Providers wishing to showcase their leading trading platforms, connectivity solutions, CRM & VoIP systems, and other technology-related offerings. Service Providers wanting to present their cutting-edge services and solutions. Digital Assets and Blockchain Enthusiasts eager to display their payment solutions using blockchain technology. Regulation and Compliance Experts aiming to keep leading brokers one step ahead of the regulatory curve. Your entry to LATAM FX markets Attending iFX EXPO LATAM 2024 is an absolute must for all leading firms in the industry who want to outpace the competition. The expo is expected to attract more than 3,500 attendees, providing ambitious companies with an excellent opportunity to showcase their technologies and differentiate themselves by presenting innovative solutions. The event is exclusively for all key players in the FX industry to conduct business. With so much on offer, can you really afford to miss it? Secure Your Spot at the First-Ever iFX EXPO in LATAM by Becoming a Sponsor or Exhibitor Today!  
Unlock the Potential of Trading Commodities and Indices with FXDD

Unlock the Potential of Trading Commodities and Indices with FXDD

FXMAG Team FXMAG Team 07.02.2024 13:15
Navigate through trading prestigious instruments like Commodities and Indices on the well-established MT5 platform, setting a course for excellence with FXDD. Passionate about Commodities and Indices Trading? With an impressive heritage spanning two decades, FXDD stands as a distinguished financial force, renowned for its expertise in the domain of online trading. FXDD empowers traders worldwide, providing access not just to prominent indices such as S&P 500 and Dow Jones, along with valuable commodities like Gold and Oil, but also granting the chance to mould the very narrative of their trading venture. Over the course of several decades, trading commodities and indices have surged in popularity, captivating a diverse range of traders, from seasoned professionals to those just embarking on their trading journey. The allure of these markets lies in their long history, ever-changing demand and supply circumstances leading to the possibilities for returns on price shifts. Commodities like gold, oil, and natural gas, as well as indices such as the S&P 500 and Dow Jones Industrial Average, are hotspots for traders seeking opportunities in long-term, medium-term and short-term investments. With FXDD, traders can immerse themselves in the possibilities presented by the daily fluctuations in supply, demand, and prices within the commodities and indices markets. Whether the interest is in trading gold, oil, or major global indices like the S&P 500, the FXDD available platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and come complete with the expert tools and resources to make informed trading decisions.  Looking to raise the bar of your trading ambitions?  With its sophisticated graphical charting tools, an array of pending orders, and an insightful strategy tester, MT5 emerges as a versatile multi-asset platform, propelling ETF trading to uncharted peaks, all under the power of FXDD. Streamlined access to the markets For those who prefer to trade directly in their web browser, FXDD WebTrader offers 67 Forex pairs, 13 Indices, 7 Metals, 4 Energies and 20 of the most widely traded Stocks. Keeping in mind how quickly the markets change and how traders demand convenience at their fingertips, FXDD Mobile features Expert Advisors Signals and instant execution of market orders.  Gold and other precious metals One of the most widely traded commodities, both physically and as the underlying asset for derivative contracts, is gold. Gold has long been considered a safe-haven asset, attracting investors during times of economic uncertainty. Its value is influenced by various factors, including global economic conditions, inflation, and geopolitical events. Trading gold is seen as a long-term and short-term way for traders to make possible returns from price fluctuations, whether it's buying low and selling high or shorting the market when prices are expected to decline, amongst other strategies. Crude oil and energies Another sought-after commodity in the trading markets is crude oil, sometimes referred to as black gold. As a globally traded commodity, oil prices are influenced by supply-and-demand dynamics, geopolitical tensions, and factors such as economic cycles and changes in environmental protection laws. Trading oil can mean returns on investment but this market is also volatile due to its sensitivity to market news and events. Traders might take both long and short positions, depending on their analysis of the market. Other energies like natural gas are commodities that attract traders' attention and analysis. These commodities are primarily used for heating and electricity generation, making them sensitive to weather patterns and energy demand. Trading natural gas requires a careful analysis of supply and demand factors, as well as weather forecasts. Traders can take positions on short-term price movements and longer-term trends, amongst other approaches. CFDs on indices In addition to commodities, trading Contracts for Differences (CFDs) on indices is gaining more traction in the online trading markets which up until not so long ago were traditionally the domain of currency traders. Some of the most commonly traded indices are the S&P 500 and the Dow Jones Industrial Average (DJIA), for example. These indices represent a basket of stocks that reflect the overall performance of the respective markets. The S&P 500, often referred to as SPX500, includes 500 large-cap US companies from various sectors and is viewed as a key benchmark for the overall health of the American stock market. Traders speculate on the direction of the index by taking long or short positions, depending on their analysis of the underlying stocks and other market trends.  The Dow Jones Industrial Average, also known as DJ30, consists of 30 major US companies across various industries. It is one of the oldest and most widely followed indices in the world. Trading DJ30 means taking a position on the overall performance of these blue-chip stocks based on a wide and diverse range of sectors. Trade with a pioneering firm The landscape of trading commodities, indices, and foreign exchange (FX) has undergone significant expansion since FXDD's initiation of trading services in 2002. The amalgamation of user-friendly online trading platforms and technological advancements has remarkably democratized participation in these markets. FXDD, a trailblazer in this industry, acknowledges the surging popularity of trading commodities, indices, and FX. The company extends a comprehensive platform, encompassing a thoughtfully curated array of tradable instruments. This selection includes sought-after commodities like gold and oil, along with prominent indices such as the S&P 500 and Dow Jones Industrial Average. Through FXDD, traders can seize the manifold trading prospects embedded within these markets. Empowered by FXDD's illustrious history, expertise, all-encompassing platform, and priceless resources, traders boldly engage with global market instruments. Still, searching for the perfect match to cater to your preferences? FXDD might just be the solution you're looking for. Embark on the journey of exploring the boundless potential within commodities and indices trading right here.
FXStarterKit by Forexware: A Solution Built for Global Expansion

FXStarterKit by Forexware: A Solution Built for Global Expansion

FXMAG Team FXMAG Team 01.02.2024 12:09
Forexware, a veteran in the fintech arena, presents an innovative turnkey solution for brokers of all sizes. Entering the fintech arena more than 20 years ago, Forexware is a frontrunner in delivering innovative technology solutions and White Label platforms for start-ups and well-established brokers in search of innovation.    Taking pride in contributing to the development of one of the first MetaTrader Bridge solutions in 2004, Forexware is a technology company with a long-standing history, whose technology underlies the core infrastructures of multiple reputed financial firms worldwide. Forexware’s game-changing solution for brokers is the FXStarterKit.   Developed by a team of deft engineers and financial industry insiders with background in fund and risk management, and liquidity provision, the FXStarterKit is an end-to-end technology bundle that helps brokers relying on MetaTrader infrastructures such as MT4 and MT5 to access more liquidity. This lends brokers more flexibility in trade execution and pricing.    By enhancing their capacity to execute a higher volume of bulk orders on aggregated, multi-asset liquidity faster and offer their clients best bid-ask pricing, Forexware’s FXStarterKit not only helps them to navigate liquidity challenges but also become more transparent and better manage risk.   “We built the FXStarterKit with two things in mind: liquidity access and risk management,” says Shawn Dikes, Forexware CEO.    “Liquidity is the lifeblood of every broker, and risk management is its oxygen. Our turnkey solution brings the best of both in a comprehensive technology bundle built around MetaTrader technology.”   “Our liquidity aggregation engine and advanced risk management tools can be tailored to each broker’s specific needs. Whether STP or DD, the FXStarterKit has the right solution for any type of broker, plus a comprehensive business plan for start-up and well-established market players seeking global expansion.”   A multilevel solution As there’s no one size to fit all, the FXStarterKit comes with two packages for brokers. According to their scope of business and size, financial firms can choose between the FXStarterKit DELUXE and the FXStarterKit SUPREME.    Equally robust and easy to integrate, both solutions offer varying degrees of scalability, depending on specific criteria established upon sign-up. Here are some of the benefits of these slick technology suites: FXStarterKit DELUXE, designed for operational efficiency This ‘tool kit’ is designed for start-up brokerages and comprises a comprehensive selection of tools and a White Label suite designed to offload all the incorporation and operational complexities to Forexware. Based on MetaTrader 4, the FXStarterKit DELUXE equips Forex brokers with everything they need to get started, from a reliable and secure Forex trading platform to liquidity, trade reporting, and licensing. Some of its key features are: Quick onboarding via Forexware’s registration portal Smooth integration of any existing customer base with Forexware’s cutting-edge platforms, liquidity engine and risk management infrastructure Institutional-grade data security within Forexware’s battle-tested data centres located in key hubs around the world Advanced risk management powered by Forexware technology 24/6 technical support all the way from integration to implementation  A prime software suite, the FXStarterKit DELUXE opens a land of opportunity for emerging brokers, enabling them to secure a prominent position in the industry and generate brand memorability. In addition, this agile set of tools provides some distinct advantages that empower brokers to unlock growth, such as: Easy branding of the trading platform and reporting portal Seamless integration with any social trading platform Lead nurturing, client retention and effective scaling This flexibility makes the DELUXE technology suite a must-have for new entrants to the retail trading space.  FXStarterKit SUPREME, built for global expansion The FXStarterKit SUPREME is an innovative technology bundle dedicated to well-established financial firms seeking global expansion. A complete solution, Forexware’s FXStarterKit SUPREME includes, among others, compliance and accounting services aimed at assisting brokers with company incorporation and bank account opening.  To unleash the benefits of the SUPREME kit, brokers must follow a simple process mimicking that of the DELUXE suite: Swiftly register via Forexware’s portal Seamlessly integrate their existing customer base with Forexware’s platforms, liquidity engine and risk management portal Seen as the pinnacle of trading technology, the FXStarterKit SUPREME confers endless advantages, some of which are: Ultra-secure data hosting in Forexware’s data centres Unlimited growth opportunities globally, while Forexware manages risks and provides 24/6 technical support Consulting and advisory services provided by Forexware’s specialists to ensure compliant operation of the broker’s entity Pre-configured integration with major social trading platforms Lead nurturing and retention via the dedicated Broker Portal, which allows for a simplified customer onboarding Feature-rich, the FXStarterKit SUPREME helps brokers to constantly keep their fingers on the pulse of their client base by furnishing them with real-time insights that can be easily translated into action.  Offering brokers a comprehensive picture of their customer base, connecting them to deep, multi-asset liquidity pools, and simplifying the trade reporting process, the FXStarterKit is a one-stop solution designed for effective global expansion.  In addition, the tailored business plan accompanying each package gives market players clear oversight over their business growth, empowering them to enter some of the most prolific Forex markets with their best foot forward. To explore the FXStarterKit, contact Forexware.  
Unveiling the Wexo Crypto App. A Seamless Journey into Digital Currencies

Unveiling the Wexo Crypto App. A Seamless Journey into Digital Currencies

FXMAG Team FXMAG Team 25.01.2024 08:56
Since its inception in 2019, Wexo has been a trailblazer in merging traditional finance with the dynamic realm of digital currencies. Boasting a robust community exceeding 200,000 users, Wexo distinguishes itself with a user-friendly platform, making cryptocurrencies comprehensible and accessible to everyone, from newcomers to seasoned investors. Exploring Wexo's Features Wexo's primary goal is to showcase that in today's innovative world, cryptocurrencies can function just like regular money. The app facilitates secure cryptocurrency purchases through various methods, including credit cards, Apple Pay/Google Pay, or bank account transfers. Notably, sending crypto on the platform is as simple as inputting a phone number, underscoring Wexo's commitment to a user-friendly experience.   Additional Features Wexo goes beyond standard crypto apps by offering unique features such as standing orders, bulk payments, and transaction history exports, providing a comprehensive suite of services catering to modern crypto enthusiasts and forward-thinking entrepreneurs.   EURO Wallet: Bridging the Fiat-Crypto Gap A standout feature appreciated by users is the EURO Wallet. This addition fulfills a critical need in the crypto space, enabling seamless exchanges between crypto and fiat currencies. With a straightforward mechanism for euro deposits, withdrawals, and exchanges, Wexo's EURO Wallet serves as a vital bridge for users navigating both financial realms.   Bitcoin Lightning: Speed and Efficiency Harnessing the power of the Bitcoin Lightning Network, Wexo ensures lightning-fast transactions that are not only efficient but also cost-effective. This integration aligns with Wexo's commitment to staying at the forefront of blockchain technology, meeting the demands of today's fast-paced digital economy. Empowering Businesses: Business App and wPOS Terminals Recognizing the significance of corporate clients and small business owners, Wexo introduces the Business app. This interface offers comprehensive functions for businesses, complemented by the wPOS crypto terminal, enabling cryptocurrency payments in boutiques and shops.   Martin Kuchár, Chief Product Officer, states, "Building payment systems for the finance of the future is our long-term vision. We offer the business sector an easy way to use cryptocurrencies in their business, not only for payment acceptance but also for marketing, significantly contributing to the global adoption of cryptocurrencies.”    REGISTER Bitcoin Cashback: A Unique Loyalty Program Wexo plans to roll out Bitcoin Cashback in Q1 2024, enhancing cooperation between entrepreneurs and their customers. This unique feature in the loyalty program rewards regular paying customers with cashback to their Bitcoin Lightning wallet, irrespective of the payment method used. In addition to the features highlighted, Wexo caters to the crypto community's demands by offering notifications, a blog with the latest updates, and clear and informative charts. The inviting and intuitive interface makes Wexo an ideal tool for entrepreneurs incorporating cryptocurrencies into their business assets.   Moreover, trying out the Wexo app is entirely free, with a quick registration process and straightforward identity verification akin to platforms like Binance. Whether you're a crypto novice, an experienced professional, or an entrepreneur seeking a clear and simple crypto app, Wexo emerges as the preferred choice. Experience the seamless journey into the world of digital currencies with Wexo.   Download App  
iFX EXPO Dubai 2024 Highlights – Industry Looks Ahead to LATAM Event

iFX EXPO Dubai 2024 Highlights – Industry Looks Ahead to LATAM Event

FXMAG Team FXMAG Team 24.01.2024 15:53
The countdown to iFX EXPO LATAM 2024 in Mexico has officially begun! The largest online trading expo in the MENA region, iFX EXPO Dubai 2024, concluded last week after months of anticipation. Taking place in a major MENA fintech hub, the expo was heralded as a major success, drawing a crowded exhibition, engaging panels, and a record attendance of 4,800 participants.  After succeeding expectations in Dubai, the industry will now look ahead to iFX EXPO LATAM 2024 in Mexico. Mark your calendars for April 9-11 and get ready to explore new opportunities in the LATAM market!   iFX EXPO Dubai 2024 – An Event to Remember As the first major online trading event of the New Year, iFX EXPO Dubai 2024 did not disappoint, which featured plenty of entertainment, action, and business. The event was kicked off with the official Welcome Party, setting the stage for the next couple of days of exhibition and networking.  The Welcome Party functioned as a relaxed atmosphere to establish connections with prospective collaborators, engage with other attendees, and mingle before the expo doors opened. The event itself took place in the Dubai World Trade Centre, with thousands of industry leaders, brokers, service providers, fintech enthusiasts, and traders meeting on the expo floor. Moving along, Day 1 also concluded with the prestigious UF AWARDS MEA 2024 ceremony, which recognised the most prestigious brands in the region. A full list of the awards winners who distinguished themselves in the fintech and online trading space in the Middle East and Africa can be viewed by accessing the following link. As for content, iFX EXPO Dubai 2024 featured a total of three dynamic stages, including the Speaker Hall, Idea Hub, and Traders Arena. The panels and informative sessions covered a wide range of topics, charting a course forward for the rest of the fintech and online trading industry in 2024. Of note, this event also welcomed a new demographic – retail traders – who were integrated into one of the industry’s fastest growing communities and enjoyed the Traders Arena throughout the duration of the expo.  Day 2 of the event was also not without its highlights, with the expo floor showcasing the potential and importance of Dubai as a fintech and online trading hub. With the industry’s leading brands and talent in attendance, this atmosphere was vibrant, providing an experience like no other.   Leading events such as iFX EXPO Dubai 2024 are known for attracting global interest. This included a massive C-suite following, notable brands and figures, fintech investors, and every element of the online trading industry, with attendees across the following categories:   Technology Providers Service Providers Digital Assets and Blockchain Retail and Institutional Brokers Payments, Banks, and Liquidity Providers Affiliates & IBs Regulation and Compliance Traders  Attendees and individuals looking for other highlights from the expo can stay tuned for official event photos and videos coming soon, via the organiser’s social media channels!   Looking Ahead to iFX LATAM 2024! With the expo in Dubai now over, the industry is already looking ahead to Mexico this April for the next major event. Prospective attendees and participants can look forward to what will be the biggest show in LATAM in 2024.  As a booming fintech hub in LATAM, Mexico is the ideal destination for the successful iFX EXPO series in 2024. The LATAM space is largely seen as one of the biggest potential growth markets in both the fintech and online trading industry, making this event the perfect opportunity to explore business in the region.  This will be one event you cannot afford to miss, with a chance to network and connect with the biggest players in the LATAM market. Meet face-to-face with local providers who can unlock potential in the region and take any business to the next level.  Want to step into the spotlight and show off your brand to thousands of attendees? iFX EXPO LATAM 2024 will offer a number of exclusive exhibition and sponsorship packages. To explore all potential branding opportunities, enquiries can be made by contacting sales@ifxexpo.com. All attendees can also stay tuned for important updates surrounding the upcoming event and other news.
Fxview Clinches "Best Broker - MEA" Title at UF AWARDS MEA 2024

Fxview Clinches "Best Broker - MEA" Title at UF AWARDS MEA 2024

FXMAG Team FXMAG Team 23.01.2024 22:10
In a moment of triumph for Fxview, the global multi-asset brokerage was honored with the prestigious "BEST BROKER - MEA" award at the UF AWARDS MEA 2024. The glittering awards ceremony unfolded on January 17th during the iFX EXPO DUBAI 2024 in Dubai, marking a celebration of excellence in the online trading and fintech sectors in the Middle East & Africa. Fxview Triumphs as "Best Broker - MEA" at UF AWARDS MEA 2024 Fxview's triumph as the "BEST BROKER - MEA" is a testament to its commitment to transforming the retail trading landscape. The company operates as a trusted global broker in over 180 countries, regulated and registered by more than 30 regulatory bodies worldwide. Notable among these are the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius.   Owned by the technology-driven group Finvasia, Fxview aims to empower traders with the same freedom of choice and exclusive trading conditions that institutional investors enjoy. The company ensures that traders always have access to the latest technological solutions, thereby eliminating boundaries to trading.   Fxview's recent accolades further underscore its commitment to excellence. In addition to the "BEST BROKER - MEA" award, the company was also recognized as the "BEST GLOBAL BROKER" at the UF AWARDS GLOBAL 2024 and received the "Best Multi-Asset Broker Africa" title from Financial Achievements in Markets Excellency (FAME) 2023. Furthermore, Fxview was honored as the "Best ECN/STP Broker MEA" at the UF AWARDS MEA 2023.   The success of Fxview is rooted in its dedication to providing traders with a superior trading experience. The company places a strong emphasis on technology, empowering traders with knowledge, and offering a transparent playing field for unbounded trades. This approach aligns with Fxview's mission to foster genuine, earned coverage that resonates with editorial styles and engages readers effectively.   As one of the trusted partners, Fxview's recognition at the UF AWARDS MEA 2024 serves as a significant milestone not only for the brokerage itself but also for the traders and businesses that rely on its services. The awards not only validate Fxview's standing as an industry leader but also highlight the company's continuous efforts to elevate the standards of online trading and fintech in the Middle East & Africa.
iFX EXPO Dubai 2024 is Right Around the Corner

iFX EXPO Dubai 2024 is Right Around the Corner

FXMAG Team FXMAG Team 10.01.2024 07:15
MENA’s biggest event of the year will be taking place next week in Dubai! The buzz and anticipation surrounding the iFX EXPO Dubai 2024 continues to build, with the largest online trading expo in the MENA region taking place next week! The landmark event will be taking place on January 16-18 at the Dubai World Trade Centre in the heart of one of the world’s most important online trading hubs. iFX EXPO Dubai 2024 will be scaling up and welcoming a fresh demographic to its diverse community. This includes an emphasis on the B2C space as well as the newly launched Traders Arena. Prospective attendees can expect a show like no other, featuring the largest audience to date, as well as the world’s leading traders, brands, brokers, and experts available for face-to-face engagement.  Anything can happen on the floor of the expo with the biggest talent from around the globe under one roof. Attendees can take advantage of this unmissable opportunity to connect or network directly with industry professionals and more. Tune into the official website or find out more about the biggest event of the year!   Explore Exclusive Opportunities and Content by Registering Today Interested in exclusive benefits, relationship building, and an unforgettable experience? Time is running out as the online registration closes on January 12. On-site registration will still be available as needed. Don’t waste your valuable time by waiting in line in Dubai – access the following link to register today and skip the wait.    What to Expect from iFX EXPO Dubai 2024 The expo will kick off with its world-famous Welcome party at Soho Garden DXB on January 16 at 19:30. This is one party you cannot afford to miss! Network with brokers, and valued clients, or simply forge new connections with potential business partners, all while enjoying a fantastic atmosphere! The Welcome party will set the tone for the rest of the event, which begins on January 17. Due to popular demand, iFX EXPO Dubai 2024 will be emphasizing the B2C trading space at length. This includes the new Traders Arena, an exclusive forum for traders to learn, network, and immerse themselves in the iFX EXPO community and grow in the world of trading. The event is expected to draw a sizable pool of both novice and experienced traders, providing the perfect environment to connect with the most trusted brokers and participants throughout the online trading industry. In addition to traders, attendees can expect to engage and connect with industry elites, notable fintech professionals, service providers, investors, affiliates, IBs, and more! iFX EXPO Dubai 2024 is your chance to step into the global trading spotlight in the MENA region, where opportunities and limits know no bounds.   Diverse Content Track Tailored for All Attendees In terms of content, attendees can explore the expo’s in-depth agenda, featuring a variety of panels, workshops, and more. This year’s curated content track includes notable speakers and key industry topics covered throughout the event. There is something for all participants as sessions will take place across three stages – Speaker Hall, Idea Hub, and Traders Arena.  iFX EXPO Dubai 2024 is your chance to get this year started the right way. Discover all of the event’s sponsors and exhibitors or simply find out who you can expect to meet in Dubai. To obtain more information about next week’s event, please visit our website. See you in Dubai next week!
Revolutionizing Data and Analytics: Join CDAO Spring 2024 for Insights, Networking, and Future Technology Trends - April 30 to May 1, 2024, San Francisco, C

Revolutionizing Data and Analytics: Join CDAO Spring 2024 for Insights, Networking, and Future Technology Trends - April 30 to May 1, 2024, San Francisco, CA

FXMAG Team FXMAG Team 27.12.2023 11:43
Discover how advances in Data, Analytics, AI & Machine Learning tools, and techniques are transforming business intelligence from the world's leading innovators across the industry. Speakers will share insights into recent technical breakthroughs and cutting-edge applications in the Data and Analytics landscape.Learn about how Data and Analytics can facilitate the delivery of efficient and effective digital transformation, reduce costs and increase competitiveness via applications in risk management, regulatory compliance, data monitoring, and governance.This a unique opportunity to interact with industry leaders, influential technologists, data scientists & founders leading the Data and Analytics revolution. Learn from & connect with industry innovators and regulators sharing best practices and advice to improve regulatory compliance, data strategy, and risk. Who should attend: - CDAOs, CDAs, CDOs- Data Scientists- Data Engineers- Heads of Compliance- Policy Makers- Data Architects- Regulators What to expect: - 30 speakers- Leading technologists & innovators- Group brainstorming sessions- 10+ hours of networking- Access to key insights shaping the Data & Analytics space- Discover technology leading the future   To register, visit: https://cdao-spring.coriniumintelligence.com/register-pricing Use code: FXMAG for 30% off!#CDAOSpring   Name: CDAO Spring 2024Date: April 30 - May 1, 2024Location: San Francisco, CAWebsite: https://cdao-spring.coriniumintelligence.com/Discount Code: FXMAG
Empowering Business Intelligence: Unveiling the Potential of Data, Analytics, AI & Machine Learning at CDAO Canada 2024, March 26-27, Toronto

Empowering Business Intelligence: Unveiling the Potential of Data, Analytics, AI & Machine Learning at CDAO Canada 2024, March 26-27, Toronto

FXMAG Team FXMAG Team 27.12.2023 11:30
Discover how advances in Data, Analytics, AI & Machine Learning tools, and techniques are transforming business intelligence from the world's leading innovators across the industry. Speakers will share insights into recent technical breakthroughs and cutting-edge applications in the Data and Analytics landscape.Learn about how Data and Analytics can facilitate the delivery of efficient and effective digital transformation, reduce costs and increase competitiveness via applications in risk management, regulatory compliance, data monitoring, and governance. This a unique opportunity to interact with industry leaders, influential technologists, data scientists & founders leading the Data and Analytics revolution. Learn from & connect with industry innovators and regulators sharing best practices and advice to improve regulatory compliance, data strategy, and risk.     Who should attend: - CDAOs, CDAs, CDOs- Data Scientists- Data Engineers- Heads of Compliance- Policy Makers- Data Architects- Regulators   What to expect: - 30 speakers- Leading technologists & innovators- Group brainstorming sessions- 10+ hours of networking- Access to key insights shaping the Data & Analytics space- Discover technology leading the future Sign in To register, visit: https://cdao-canada.coriniumintelligence.com/register-pricing Use code: FXMAG for 30% off!#CDAOCanada   Name: CDAO Canada 2024Date: March 26-27, 2024Location: Hyatt Regency Toronto - Toronto, CanadaWebsite: https://cdao-canada.coriniumintelligence.com/Discount Code: FXMAG
AI Summit West 2024: Unveiling the Future of Deep Learning and Enterprise AI on February 13-14, 2024 in Santa Clara, CA!

AI Summit West 2024: Unveiling the Future of Deep Learning and Enterprise AI on February 13-14, 2024 in Santa Clara, CA!

FXMAG Team FXMAG Team 27.12.2023 11:14
Join us for AI Summit West 2024, happening on February 13-14, 2024 at the Santa Clara Marriott. This 2-in-1 Summit includes access to both the Deep Learning Stage and Enterprise AI Stage. Discover advances in deep learning algorithms and methods from the world's leading innovators. Learn from industry experts in speech & pattern recognition, neural networks, image analysis, and NLP. Explore how deep learning will impact healthcare, manufacturing, search & transportation.   The summit will showcase the opportunities of advancing trends in deep learning and their impact and successful applications in business. Where do the challenges still lie in research and application? Learn the latest technological advancements & industry trends from a global line-up of experts. A unique opportunity to interact with industry leaders, influential technologists, data scientists & founders leading the AI revolution. Learn from & connect with 200+ industry innovators and regulators sharing best practices and advice to improve regulatory compliance, data strategy, and risk. Who should attend: - Data Scientists- Data Engineers- Machine Learning Scientists- CTOs- Founders- Director of Engineering- CEOs   What to expect: - 40+ speakers- Leading technologists & innovators- Group brainstorming sessions- Interactive workshops- 12+ hours of networking- Access to filmed presentations & slides- Discover technology shaping the futureTo register, visit: https://ai-west-dl.re-work.co/register Use code: FXMAG for 30% off!#reworkAI Name: AI Summit West 2024Date: February 13-14, 2024Location: Santa Clara Marriot - Santa Clara, CAWebsite: https://ai-summit-west.re-work.co/
Final Countdown Underway to iFX EXPO Dubai 2024

Final Countdown Underway to iFX EXPO Dubai 2024

FXMAG Team FXMAG Team 13.12.2023 12:12
Final Countdown Underway to iFX EXPO Dubai 2024 MENA’s largest online trading expo will feature the newly launched Traders Arena and more! The countdown to the leading online trading expo in the MENA region is on, with only five weeks remaining until the iFX EXPO Dubai 2024 kicks off! This landmark event will look to bridge the gap between brokers and traders, offering the ideal platform for both to collaborate and do business. Of note, the expo will also be featuring a greater emphasis on the B2C space, including the newly launched Traders Arena. Each year has seen the iFX EXPO series grow in both scale and scope to include a larger and more diverse audience. With all eyes looking ahead to iFX EXPO Dubai 2024, prospective attendees can expect an even larger gathering of the most prominent brands, brokers, and experts from around the financial services industry. Find out more about the biggest event of the year in the MENA region. What to Expect at iFX EXPO Dubai 2024 With so much talent and potential under one roof, there is no better way to start off the New Year than attending iFX EXPO Dubai 2024. Held on January 16-18 at the Dubai World Trade Centre, this year’s event will feature an expanded content track that covers three stages. This includes the Speaker Hall, the Idea Hub, and for the first time ever, Traders Arena.  Open to all attendees, Traders Arena will cater specifically to a growing demographic at the iFX EXPO series, which looks to take a deep dive into the online trading space. This stage will also serve as an interactive hub aimed at shaping and strengthening new and existing relationships, while also facilitating networking between traders and brokers.  Whether you are just starting your trading journey or are a seasoned veteran, Traders Arena is your go-to destination. Join the leading experts as well as prop trading specialists who will deliver educational and informative content and investment strategies for all types of traders.  Additionally, Traders Arena is also introducing the Know-How Series for IBs, providing guidelines on how to successfully start one’s own brokerage. The freshly launched iFX EXPO Know-How Series will feature industry experts and pioneers capable of guiding individuals through key decision points. Why You Need to Attend iFX EXPO Dubai 2024 This January Attendance to iFX EXPO Dubai 2024 provides several benefits for all participants, including unique opportunities for one-on-one networking and engagement with industry leaders. These experiences are crucial for forming valuable and lasting connections with top-tier decision-makers, collaborators, and potential partners. Attendees can also connect directly with brokers and fellow traders from across the globe. For the first time ever, attendees will also be able to take advantage of key insights from industry experts across three dynamic content stages. Catch up on the trending and most burning topics and join the conversation directly with the industry’s elite.  This includes several notable sessions and panels capturing the latest buzz surrounding the prop trading revolution, the rise of cybersecurity in the MENA region, and Dubai’s growth into a fintech hub. The event promises a wealth of insights with notable speakers from diverse backgrounds, including Ahmed Allam from H.H. The Ruler's Court of Dubai, Otakar Suffner, CEO of FTMO, Ayad Butt from Zodia Markets, and many more. Explore the event’s full agenda today. Look for iFX EXPO Dubai 2024 to also provide a few surprises along the way as the MENA region is no stranger to innovation and potential. The event provides the perfect atmosphere to showcase the latest fintech and online trading solutions, where anything can happen on the expo floor.  With the industry’s top brands and names in attendance, including Exness, ATFX, and more, iFX EXPO Dubai 2024 is one event you cannot afford to miss. Discover all of the event’s sponsors and exhibitors and find out who to meet in Dubai. Register Today and Skip the Lines  iFX EXPO Dubai 2024 is your ticket to meeting the year’s biggest gathering of brokers and traders in the MENA region. Five weeks can pass in the blink of an eye so the time to plan is now. If you have not already done so, now is the time to register online and avoid waiting in long lines on-site.    See you in Dubai this January!
Account at XTB: how to open an account at XTB? Real vs demo account in XTB. Where to buy XTB shares?

Account at XTB: how to open an account at XTB? Real vs demo account in XTB. Where to buy XTB shares?

FXMAG Team FXMAG Team 11.12.2023 08:59
XTB is the most popular Polish broker and one of the most recognized investment providers in Europe. It offers its clients more than 4,000 financial instruments, and users have a dedicated xStation platform at their disposal.  You can safely open an account with XTB using this link.   From the article you will learn:  What is XTB? How to open a brokerage account?  Why should you consider setting up an XTB demo account?  What is the xStation platform and what functionalities does it have?  How to withdraw funds from XTB? XTB - what is it? Who is the forex broker XTB? History of the establishment of XTB. Since when available XTB shares? XTB is an investment company and a global provider of products and technologies that enable the trading of financial instruments. Due to its status, it is subject to numerous regulations. XTB is under the supervision of institutions such as the Polish Financial Supervision Authority (KNF), the UK Financial Conduct Authority (FCA) and the international International Financial Services Commission (IFSC). XTB was founded in 2002, and 3 years later received permission from the FSC to provide brokerage services, which covered all financial instruments. Since 2007, the company began expanding abroad, opening branches in other countries in the region. XTB shares have been available since 2016, at which time the company debuted on the Warsaw Stock Exchange. What is the minimum deposit at XTB? How much does an account with XTB cost? How long does verification take? The minimum deposit is otherwise known as the amount that must be paid in order to use the functionality of a brokerage account. It allows you to purchase financial instruments.  XTB does not specify the minimum deposit that can be deposited into the account. What does this mean? The broker gives you the opportunity to start trading in the market starting from minimum rates. It is enough to deposit any amount to access the account. What's more, you can top up your deposit at any time with an amount that is deemed appropriate by the trader. Opening an account with XTB is completely free. However, it is worth noting that the bank may charge a commission for making a deposit, which should be checked in advance. The investor gains access to 4,000 instruments, including stocks from major financial markets. Most popular products at XTB: What are the most popular financial instruments at XTB? On the xStation platform and mobile app, XTB provides a "Hot" tab, which lists the most popular financial instruments. These are pairs of currencies, cryptocurrencies or stocks that are most popular with investors at any given time. Most of them are volatile, but some remain on the list for weeks, such as the USD/PLN pair. What is a demo account at XTB? Differences between demo and real at XTB XTB demo account allows you to check the functionality of the broker's system. It is also an important part of education, which allows you to manage virtual funds on a trial basis. The user has access to the market, but his decisions do not result in an actual loss or profit.  The most important difference between a demo and real account at XTB is the deposit. In the case of the former, it is not necessary to deposit funds, as only virtual capital is traded. The situation is different in the case of the real account, where the investor pays a deposit and then makes real decisions that may involve a loss of money. A demo account is therefore intended for anyone who wants to start their adventure with financial markets, but does not feel confident enough to risk losing their own money. Access to trial software is also a chance to protect yourself from making mistakes and to test new investment strategies. A demo account at XTB is commitment-free and free to set up. All you need to do is provide basic data to start trial trading. How to open an account with XTB? 5 useful tips for getting started To open an account, it's a good idea to prepare in advance and reserve at least 30 minutes to complete all the formalities.  Prepare your ID, driver's license or a receipt to prove your address.  Make sure you have a scanner or document scanning app. XTB requires scans to be uploaded, which allows for faster user verification.   Be prepared to fill out the online form.  Make sure you have a stable internet connection. Write down the number and email address for a dedicated help desk. This will allow you to get advice and guidance at every stage of registration (22-201-95-70 and e-mail: sales@xtb.pl).   Following the advice given will make setting up an account with XTB go quickly and smoothly. Investment account at XTB step by step. How to start investing at XTB? The very process of setting up an account at XTB does not take more than 30 minutes.  How to open an account at XTB? Follow the whole process with us step by step!  Go to the main page of XTB.com, then click on the "Open an account" tab.  You will be redirected to a subpage that requires you to enter your email address and accept the most important consents. You will be asked to set a password, which will be necessary to log into the account. It must meet a number of requirements, which can be found in the image below. As the registration panel shows, this is already 30% of the entire registration process. In the next step, you will need to provide personal information (first name, middle name, last name, phone number, date of birth, country of birth, citizenship) and fill out a statement of FATCA and CRS status. Confirmation of identity. XTB requires you to send a scan of your ID card or other proof of identity.  Completion of the knowledge test. The questions are basic and concern financial and investment topics. They are mainly issues related to CFDs and ETFs.  Personal form. The broker asks about the assets we have (annual income, value of savings), the amount of deposit we want to deposit or experience in the market. Checking the required consents. These are mainly the Master Agreement for the Provision of Brokerage Services, the Risk Declaration, the Order Execution Policy, the KID, and a certificate that you are not a politician or a politician's immediate family.  Once all the documents have been approved and the data verified, you can proceed to deposit funds in your XTB account. As an alternative to scans of documents, you can opt for video verification.  What is xStation? When is it worth downloading the application? xStation desktop or web version? The xStation platform is fully developed by the XTB team. Access to it is made available to the broker's clients. It is available in several versions, and can be operated on a laptop, desktop, tablet or phone. The speed of order execution on the xStation platform averages 85 milliseconds. Presenting the proprietary platform, XTB points to unique features that include: Statistics. They allow you to analyze the effectiveness of your decisions, market behavior or the average duration of transactions. Based on the collected information, you can draw conclusions and improve your performance.  News. XTB gives you access to key events from the macroeconomic calendar. Readings and indicators are provided in real time.  Calendar. Updated on a regular basis with the most relevant events that affect market movements.  Calculator. Useful for investing, thanks to it there is no need to calculate the value of a transaction or spread.  In addition, the user has access to indicators that examine sentiment in the supported markets.   XTB - what is worth investing in? What financial instruments does the most popular broker offer? Forex. There are 48 currency pairs available to investors, and forex trading takes place 24 hours a day, 7 days a week Indexes. Index CFDs at XTB include more than 20 proposals from major markets, including the US. Rolls are visible on charts, leverage is available. Commodities at XTB. This is a total of more than 20 instruments, including the most popular metals (gold, silver, platinum).  Stocks. There are more than 3,000 shares of companies from 16 markets. The minimum investment is PLN 10/EUR/USD. Commission 0% up to the indicated turnover (EUR 100 thousand per month) ETF-y. Można wybierać spoÅ›ród 300 najpopularniejszych funduszy na caÅ‚ym Å›wiecie.  Kryptowaluty. Ponad 50 CFD na krypto, w tym BTC. Dźwignia 1:2.      XTB - How to buy shares? How to enable Polish shares in a brokerage account? In order to buy shares, you must first log into your account and go to the Investor's Room. Later, you need to select a specific market and then open a position. Defensive orders are available, including Stop Loss or Take Profit.  Access to Polish stocks can be enabled by logging into the XTB Investor Room. Then select "My Accounts" and check "Enable CFDs and PL stocks."   FAQ How to withdraw money? How long does it take to withdraw money at XTB? How long does the transfer to XTB go? How long do I have to wait for a withdrawal from XTB?  You can withdraw funds by going to the Investor's Room. As the broker indicates on the official site, deposits are transferred to the bank around the clock, after 3 hours of placing an instruction. Importantly, cancellation of the instruction is possible right up to this moment. The instruction itself by the bank is processed by the next business day. For this reason, the withdrawal time in PLN should not exceed 1 business day. In the case of foreign currencies, such as USD or EUR, you should wait 2-3 days until the funds are in your account.  As for depositing to XTB, you should choose one of the payment methods.  Bank transfer. Credit cards. E-payments.  Express transfers are the fastest way to fund your account, the money is delivered immediately. XTB does not charge for transfer from PayPal and BlueCash.  The broker notes that it does not cover currency conversion differences if deposits are made in foreign currency. XTB - how to delete an account? XTB - how to delete an account?  To terminate the contract, and thus remove the account on XTB, you need to send a resignation to support@xtb.pl. Importantly, the request can be written in any form, but it must be clearly stated that the customer wants to delete the account. The request must be sent from a registered e-mail address.  XTB reviews. Is it worth choosing XTB? Check the latest comments, add your comment about XTB  Customers recommend opening an account with XTB. The interface is easy to use. In addition, the broker guarantees access to a wide range of financial instruments, including stocks from Poland, the United States, the United Kingdom or Germany.  The argument often cited by the broker's clients is also the series of daily webinars and XTB's educational tab. Cyclical opinions and recommendations from analysts make it easier to make investment decisions.  "Overall the broker as ok, cheap, I have never had any problems either with the application or with making transactions. The big minus - the lack of 2FA, which keeps me from holding large investments there. XTB when do you plan to implement 2FA? A lot of people complain about it, and these days 2FA is standard. Already even the archaic PKO Treasury Bonds portal has been implementing 2FA since October, and at your place there is silence on the subject." - Luke comments on the TrustPilot portal.
Crypto News: The Laziest Way for Beginners to Earn Money Online With Cloud Mining

Crypto News: The Laziest Way for Beginners to Earn Money Online With Cloud Mining

FXMAG Team FXMAG Team 06.12.2023 14:00
In the fast-paced world of cryptocurrencies, simplicity and profitability are key. For beginners seeking an attractive option for generating stable income with minimal effort, cloud mining provides an appealing choice. In this article, we will explore the concept of cloud mining, with a special focus on SUNminer as the leading platform to kickstart your journey towards earning $200 or more per day. The Allure of Cloud Mining Cloud mining has long been a favorite among cryptocurrency enthusiasts for its ease of use and accessibility. Unlike traditional mining, it requires no expensive hardware, technical expertise, or constant monitoring. Cloud mining simplifies the process, allowing anyone, regardless of experience, to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing intricate setups, users can lease mining power from remote data centers and receive a share of the profits generated. SUN miner: Where Laziness Meets Profitability SUN miner takes the simplicity of cloud mining to the next level, making it an ideal choice for beginners. The platform’s user-friendly interface ensures that even those new to cryptocurrency can navigate with ease. With SUN miner, laziness isn’t a drawback; it’s a pathway to success. As a pioneer in providing cloud mining services, SUN miner boasts multiple mining facilities worldwide and has earned the trust of over 9550000 users globally through its stable returns and secure guarantees. SUN miner relies on renewable energy sources like solar and wind power to fuel its cloud mining operations, significantly reducing mining costs and integrating surplus electricity into the grid. This means you can access substantial mining power without the need for expensive hardware or the hassle of dealing with noise and heat at home. All that’s required is your computer or mobile phone to sign a mining contract and start reaping rewards. Earning Potential Beyond Imagination What sets SUN miner apart is its potential for extraordinary daily earnings. With the opportunity to make $200 or more per day, SUNminer empowers users to turn their dreams of online wealth into a reality. Imagine waking up to substantial earnings without the need for constant effort or complex setups – that’s the promise SUN miner delivers on. Security and Reliability In the world of cryptocurrency, trust and security are paramount.  SUN mine understands this and places user safety at the forefront. With a commitment to transparency and legitimacy, SUN miner ensures that your investments are protected, allowing you to focus on reaping the rewards.   How to Get Started: Initiating your cloud mining journey with SUN miner is a straightforward process. Follow these simple steps to begin earning a passive income: Sign Up: Create an account on the SUN miner platform. Choose a Plan: Select a mining plan that aligns with your goals. SUN miner: Begin mining immediately, and let SUN miner powerful hardware work for you. Receive Daily Payouts: Enjoy the convenience of daily payouts, providing a consistent income stream. Additional bonuses: Sign-up Bonus: Get an instant bonus of $10.00 when you sign up to start mining earnings. Invitation income: Increase mining income by inviting friends. Get an ongoing reward of 3% of your mining activity. SUN miner contract   Contract of SUN miner  SUNmine offers contracts that are not only straightforward but also highly diverse, providing you with a range of options to suit your investment needs. They offer stable and no-risk fixed returns. Join the Laziest Way to Wealth As the cryptocurrency market continues to evolve, SUN miner remains a pioneer in the field, offering an effortless path to profitability. Whether you’re a seasoned crypto enthusiast or a complete novice,SUN miner welcomes you to join the ranks of those enjoying passive income with ease. In conclusion, SUN miner is a testament to the power of simplicity in the world of cryptocurrency. With its emphasis on user-friendliness, security, and the potential for extraordinary daily earnings, it provides a unique opportunity for beginners and experts alike. Join SUNmine rtoday and embark on the laziest, yet most rewarding, journey to online wealth. If you want to know more about SUNminer, please visit its official Website: http://www.sunminer.com/  Sun Miner can be searched and downloaded by entering “SUNminer” in the Apple Store.
Timing Woes: Czech Koruna Faces Pressure Amid US Inflation Surprise

Money Matters: Times When a Loan Becomes Your Best Ally

FXMAG Team FXMAG Team 06.12.2023 10:54
In the intricate tapestry of personal finance, there are moments when securing a loan becomes not just a financial transaction but a strategic move. While the idea of borrowing money may raise eyebrows for some, there are situations where a loan can be your best ally, offering a lifeline during challenging times. Let's delve into these scenarios and explore the ways loans can be a prudent financial choice. 1. Emergency Expenses and the Need for Quick Funds The course of life is uncertain, and unforeseen emergencies are expected. Whether facing an abrupt medical bill, a car breakdown, or home repairs, the urgency for immediate funds becomes paramount. In such cases, loans in minutes take center stage. Modern lending platforms and financial institutions have streamlined processes, allowing individuals to secure loans swiftly. This can make a significant difference in addressing urgent financial needs. 2. Capitalizing on Investment Opportunities In the realm of investments, timing is often key to success. There are instances when a promising investment opportunity arises, but the window for capitalizing on it is limited. In these situations, obtaining a loan to seize the moment can be a strategic move. Whether it's a real estate deal, a business venture, or a stock market opportunity, having access to quick financing can open doors that might otherwise remain closed. 3. Consolidating High-Interest Debt Managing multiple debts with varying interest rates can be challenging and financially draining. If you find yourself juggling credit card bills, personal loans, and other high-interest debts, consolidating them into a single, lower-interest loan can provide relief. This can simplify your financial obligations and reduce the overall interest burden, making it easier to regain control of your financial situation. 4. Bridging the Income Gap During Unemployment Unforeseen circumstances, such as job loss or career transitions, can lead to temporary income gaps. During these challenging periods, a well-considered loan can act as a bridge, helping you cover essential expenses until you secure a new source of income. It serves as a short-term solution to prevent financial strain and maintain stability during times of uncertainty. 5. Pursuing Educational Aspirations Investing in education is an investment in oneself. Whether you're considering further studies, professional certifications, or skill development courses, the cost of education can be a barrier. Taking out a loan to fund your educational aspirations can be wise, especially if it enhances your skills, opens new career opportunities, or increases your earning potential in the long run. 6. Home Renovation Projects Owning a home comes with the need for periodic maintenance and renovations. These projects enhance the quality of living and contribute to the property's value. When you’re low on cash, securing a loan for home renovations can be a strategic choice, as it allows you to make improvements that will pay off in the long term, both in terms of comfort and potential resale value. In conclusion, while the idea of loans may be associated with caution, there are circumstances where they become invaluable tools for navigating life's financial challenges. Whether it's responding to emergencies, seizing investment opportunities, or pursuing personal development, a well-managed loan can be a reliable ally. Remember, the key lies in thoughtful consideration, responsible borrowing, and aligning your financial decisions with your long-term goals. 
EUR: Lagarde Balances Data Dependency Amidst Rate Cut Speculations

Crypto 101: The Top Three Cryptocurrencies Ideal for Beginners in 2023

FXMAG Team FXMAG Team 29.11.2023 08:51
Welcome to Crypto 101! If you're a beginner looking to explore the world of cryptocurrencies, this overview introduces the top three digital assets ideal for newcomers in 2023: VC Spectra (SPCT), Stellar (XLM), and Maker (MKR). Each cryptocurrency offers unique features and growth potential, making them promising choices for those starting their investment journey. Let's explore why these top altcoins are must-haves in your investment portfolios  >>BUY SPCT TOKENS NOW<< VC Spectra (SPCT): Empowering New Investors In Cryptocurrency As beginners venture into the world of cryptocurrencies, they seek guidance on the top digital assets that can kickstart their investment journey. Among the multitude of options available, one cryptocurrency, VC Spectra (SPCT), stands out as the best crypto for beginners. One key advantage of VC Spectra (SPCT) is its commitment to providing a decentralized trading platform and asset management protocol designed with beginners in mind. Individuals new to cryptocurrencies can access a user-friendly platform that simplifies the investment process and ensures a seamless experience. Accessibility is another factor that makes VC Spectra (SPCT) an attractive choice for beginners. Unlike some other cryptocurrencies, VC Spectra welcomes investors from around the world, regardless of their location or investment size.  Moreover, the impressive growth demonstrated by VC Spectra (SPCT) in its public presale further solidifies its potential as a top cryptocurrency for beginners. In Stage 5 of its presale, SPCT experienced a remarkable 862.5% increase from $0.008, with the SPCT token reaching a value of $0.077. Due to overwhelming demand, VC Spectra (SPCT) token is expected to surpass its projected value of $0.080 by the end of the presale. >>BUY SPCT TOKENS NOW<<   Stellar (XLM): A User-Friendly Path To Global Money Transfers  The year 2023 holds tremendous opportunities for beginners looking to venture into the world of cryptocurrencies. Among the top cryptocurrencies that are considered ideal for beginners, Stellar XLM stands out as a promising choice. Stellar XLM is a decentralized payment infrastructure built on open-source code, aiming to simplify international money transfers like remittance payments. Once your funds are available on Stellar's (XLM) ledger, you can easily send them anywhere in the world. Using the Stellar XLM platform is straightforward and reminiscent of popular payment processors like Paypal. The process begins by uploading funds onto the network, which are then stored in Anchors. Anchors are intermediaries between traditional fiat currencies and Stellar's (XLM) distributed ledger.  While the current trading price of Stellar coin (XLM) is $0.12, experts anticipate further growth in its value. Their predictions suggest that the price of Stellar (XLM) could reach as high as $0.62 in 2024.  Maker (MKR): A Beginner's Gateway To DeFi  The world of cryptocurrencies can be overwhelming for beginners, but certain coins offer a user-friendly experience and have growth potential. One such cryptocurrency that stands out as an ideal choice for newcomers in 2023 is Maker (MKR). Maker is a lending protocol built on the Ethereum blockchain, gaining significant popularity in the DeFi space. Maker's ecosystem comprises two main tokens: DAI and MKR tokens. DAI is a decentralized stablecoin that plays a crucial role in facilitating loans. Meanwhile, MKR crypto empowers the community to participate in governing and running the protocol actively. A notable advantage of Maker MKR crypto for beginners is its commitment to security. The protocol emphasizes implementing robust online security measures, such as two-factor verification, to deter potential hackers and safeguard user funds.  As of November, Maker MKR crypto currently trades at around $1,509.98, industry experts predict a further increase in its value. They anticipate that the Maker MKR price could surge as high as $4,083.13 next year.   Learn more about VC Spectra (SPCT) and its presale: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund   
Top Crypto Trends 2023: GameStop Memes Takes on Dogecoin and Uniswap

Top Crypto Trends 2023: GameStop Memes Takes on Dogecoin and Uniswap

FXMAG Team FXMAG Team 28.11.2023 09:16
Amidst the fluidity of cryptocurrency, change is the only constant. As we navigate the crypto seas of 2023, GameStop Memes (GSM) emerges as a transformative force, reshaping trends established by giants like Dogecoin (DOGE) and Uniswap (UNI). This article explores the shifts in the crypto landscape, delving into the legacies of DOGE and UNI, and how GSM is influencing the narrative. UNI's Decentralised Frontier Uniswap, with its decentralised exchange model, revolutionised the way we think about trading cryptocurrencies. The automated market maker (AMM) protocol empowered users with unprecedented access to a wide array of tokens. Yet, as the crypto landscape evolves, GameStop Memes steps onto the stage, adding a new dimension to decentralised finance. Uniswap's impact lies in its technological innovation; GSM's lies in its cultural innovation. The GameStop Memes project embraces community engagement and the power of internet culture, creating not just a decentralised financial ecosystem but a vibrant community around it. It's a shift from a purely technological narrative to one that incorporates the human element. The Unconventional Journey of Dogecoin Dogecoin, born from a meme, skyrocketed to fame as the "fun and friendly" cryptocurrency. Its community-driven approach and viral appeal set a precedent for how cryptocurrencies could capture the public's imagination. However, the winds of change blow strong, and GameStop Memes is riding a new wave. While DOGE made waves with its cultural impact, GSM takes it a step further. The GameStop Memes project leverages the power of memes not just for virality but as a driving force behind its presale coin model. GSM invites investors to not just be spectators but active participants in a cultural and financial revolution. GameStop Memes - The Crypto Presale King As we witness the unfolding dynamics of the crypto market, GameStop Memes emerges as a game-changer, not just in trends but in the way cryptocurrencies are launched. Operating as a presale coin, GSM presents investors with a unique opportunity to get in on a project that blends financial potential with cultural resonance. Become a part of the GSM presale now, and not only witness the change but actively contribute to it. It's more than a financial investment; it's an investment in a movement that reshapes the narrative of crypto. As GameStop Memes reshapes the presale coin landscape, it isn't merely presenting an alternative investment opportunity; it's offering a chance to be part of a movement that combines financial innovation with cultural resonance. Investing in GSM transcends the traditional notion of supporting a cryptocurrency; its active participation in shaping the future of decentralized finance is guided by the shared values and contributions of its vibrant community. In essence, GameStop Memes is not just a digital asset; it's a collaborative endeavor, inviting enthusiasts to join hands and contribute to a groundbreaking chapter in the evolving story of cryptocurrency. Change is inevitable, and in the crypto landscape of 2023, GameStop Memes stands as a beacon of innovation. As it reshapes the trends set by Dogecoin and Uniswap, GSM invites crypto enthusiasts and investors to join the journey. The call to action is clear: become a part of the GSM presale now! Embrace the change, be part of the movement, and witness the transformation of the crypto landscape. GameStop Memes Website: https://gamestopmemes.com/   Twitter: https://twitter.com/GameStopMemes  Telegram: https://t.me/GameStopMemes   
Crypto Shockwave: Euler Network's $3 Million Blitz in Just 24 Hours – Dogecoin and Shiba Inu, Brace for Impact!

Crypto Shockwave: Euler Network's $3 Million Blitz in Just 24 Hours – Dogecoin and Shiba Inu, Brace for Impact!

FXMAG Team FXMAG Team 28.11.2023 09:13
Navigating through the blockchain landscape, three names stand out for their unique impact on the market: Dogecoin, Shiba Inu, and Euler Network (EUL). While Dogecoin (DOGE) and Shiba Inu (SHIB) have captured the imagination of investors with their meme-inspired origins and community-driven appeal, Euler Network (EUL) has recently sent shockwaves through the crypto space with a staggering $3 million fundraising feat in just 24 hours. This article explores the individual strengths of Dogecoin and Shiba Inu and how Euler Network's recent success is reshaping the digital finance landscape. Dogecoin: The Pioneer Meme Coin Dogecoin, the pioneer meme coin, has etched its name in the annals of cryptocurrency history. Originating as a playful alternative to more traditional cryptocurrencies, it quickly evolved into a digital asset backed by a strong, vibrant community. Dogecoin's appeal lies not just in its humorous inception but also in its simplicity and accessibility, making it a favourite among both novice and seasoned investors. Its ability to rally a global community around the ethos of fun and inclusivity remains unmatched in the crypto world. Shiba Inu: Eyeing the Meme Coin Throne Shiba Inu emerged as a direct challenger to Dogecoin's meme coin throne. Inspired by the same Shiba Inu dog breed, it has garnered a dedicated following, driving its value and market presence. Despite its similarities to Dogecoin, Shiba Inu offers a slightly different proposition, with plans to expand its ecosystem to include NFTs and decentralized finance applications. However, when placed alongside the technological prowess and market impact of Euler Network (EUL), Shiba Inu's position in the crypto hierarchy is put into perspective. Euler Network's advanced capabilities and recent fundraising success position it as a formidable force in the evolving world of cryptocurrencies. Euler Network: A Leader in the Making Euler Network (EUL) has burst onto the crypto scene with an undeniable impact, marked by its $3 million fundraising achievement within a mere 24 hours. This feat not only highlights the platform's appeal but also its potential to revolutionize digital finance. Unlike Dogecoin and Shiba Inu, Euler Network (EUL) focuses on integrating advanced financial tools and fostering a comprehensive digital ecosystem. Its emphasis on innovation, security, and scalability positions it as a leading force in shaping the future of blockchain technology and cryptocurrency. Euler Network’s Vision for the Future  Euler Network's (EUL) vision extends far beyond traditional cryptocurrency paradigms. Its approach to blockchain technology encompasses a blend of user-centric design, cutting-edge security measures, and a commitment to continuous innovation. This approach sets Euler Network (EUL) apart from meme-centric currencies like Dogecoin and Shiba Inu, positioning it not just as a digital asset but as a pioneer in the crypto industry. With its sights set on redefining the standards of digital finance, Euler Network (EUL) is poised to lead the charge in the next wave of cryptocurrency evolution.   The contrasting journeys of Dogecoin, Shiba Inu, and Euler Network (EUL) reflect the diverse and dynamic nature of the cryptocurrency market. While Dogecoin and Shiba Inu continue to thrive on community support and meme-culture appeal, Euler Network (EUL) is forging a new path with its innovative approach and remarkable market performance. The crypto world is on the brink of a transformation, with Euler Network (EUL) at the helm, steering the industry towards a future where technology, community, and innovation converge to create unprecedented opportunities in the realm of digital finance.     Elevate Your Crypto Game 24/7 with Euler Network! Website: http://eulernetwork.com/  Twitter: https://twitter.com/EulerNetwork  Telegram: https://t.me/eulernetwork
Smart Investors Analysis: Weighing the Future of SPCT, DOT, and ARB

Smart Investors Analysis: Weighing the Future of SPCT, DOT, and ARB

FXMAG Team FXMAG Team 24.11.2023 13:14
In a recent move, crypto analysts conducted an in-depth analysis of VC Spectra (SPCT), Polkadot (DOT), and Arbitrum (ARB) to determine what the future holds for these top altcoins. This in-depth analysis will serve as a pointer for investors looking to position themselves as opportunities arise for maximum gains. Let’s explore what is in store for these top crypto coins. >>BUY SPCT TOKENS NOW<< Summary: Analysts believe VC Spectra will surpass its target presale price due to the massive rate of SPCT adoption. Experts held a bullish stance in their Polkadot price prediction, expecting DOT to reach $10.   Arbitrum welcomes Ethereum layer-2 network Kinto aboard, leading experts to pronounce bullishness on ARB. VC Spectra Price Prediction: Future Price Of SPCT VC Spectra (SPCT) is a new DeFi project that has taken the financial world by storm. It seeks to proffer an avenue for the average investor to generate maximum returns from minimum capital with little to no risk. VC Spectra enables users to benefit from the potential buoyancy of blockchain projects by unlocking access to new ICOs. VC Spectra leads the DeFi landscape as a decentralized hedge fund and an investment vehicle. The platform rewards SPCT holders with quarterly dividends and buybacks. Users also get to participate in activities in the VC Spectra ecosystem through the voting rights they are awarded. The native token of VC Spectra, SPCT, is now trading for $0.077 in the fifth stage of its public presale. This price level indicates early adopters of SPCT have scooped 862.5% of the projected 900% growth for this phase. Experts, however, posit that VC Spectra (SPCT) will surpass the 900% projection. >>BUY SPCT TOKENS NOW<< Experts Say Polkadot (DOT) Could Hit $10 Different analysts have forecasted levels Polkadot (DOT) could attain in posterity. While the figure varies, the popular opinion remains that the future is bullish for Polkadot (DOT). One of the entities that gave a Polkadot price prediction is Rekt Capital. Rekt Capital first alluded to the price situation of Polkadot (DOT), reflecting on the October downside reversal. According to Rekt Capital, the four bullish candles that followed in November indicate that DOT is bullish and will remain bullish in December. In his Polkadot price prediction, Crypto Tony, another commentator, noted that DOT has a short-term bullish outlook. He asserted that overcoming resistance at the $5.50 region will see DOT rallying to $10. Polkadot is exchanging hands at $5.16, dropping 4.80% from $5.43 to $5.16 between November 20 and November 22. Based on Crypto Tony’s Polkadot price forecast, DOT requires a 93.79% increase to hit the predicted level. Kinto Onboard Arbitrum Kinto, Ethereum’s Layer 2 solution, has transitioned to the Arbitrum ecosystem utilizing the Arbitrum Nitro technology stack. This move comes after launching its testnet with Optimism’s OP Stack in May. Kinto announced this strategic move on November 22 via its official website. Changes in the Arbitrum ecosystem structure brought about this migration. The idea was to enable the Arbitrum Foundation to manage layer-2 deployment independently. Kinto seeks to serve as a bridge between traditional finance and decentralized finance. In response, Arbitrum (ARB) continued declining from the previous week. ARB decreased from $1.15 to $1.04 between November 13 and November 19, marking a 9.51% decrease in the Arbitrum price. Based on ARB’s outlook, experts shared their Arbitrum price prediction. They expect ARB to fall below the $1 threshold in the coming days as sellers continue to offload. This ARB projection will see the Arbitrum price drop by 1.2% from the current price of $1.02.     Learn more about the VC Spectra presale here: Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io  Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund           
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Navigating the Forex Seas: Unveiling the Role of a Forex Broker

FXMAG Team FXMAG Team 15.11.2023 08:33
The world of foreign exchange, more commonly known as Forex, is a dynamic and intricate marketplace where currencies are traded globally. At the helm of this vast financial ecosystem are Forex brokers, playing a pivotal role in facilitating transactions and providing a gateway for traders to navigate the turbulent waters of the currency market. Understanding the Forex Broker: A Key Player in the Market A Forex broker acts as an intermediary between retail traders and the interbank forex market. Essentially, they link buyers with sellers and vice versa, executing trades on behalf of their clients. While the concept may seem straightforward, the significance of a Forex broker in the trading process cannot be overstated.   The Forex Broker's Functionality: More Than Just a Middleman 1. Execution of Trades One of the primary functions of a Forex broker is to execute trades swiftly and efficiently. With the click of a button, traders can buy or sell currency pairs, capitalizing on market fluctuations. The efficiency of this process relies heavily on the broker's technological infrastructure. 2. Market Analysis and Research Tools To navigate the intricate Forex market successfully, traders rely on accurate and up-to-date information. Forex brokers often provide a suite of tools and resources, including real-time charts, technical analysis, and market research, enabling traders to make informed decisions. 3. Leverage and Margin Facilities Forex trading often involves leveraging, allowing traders to control a larger position with a smaller amount of capital. Brokers provide leverage, but it's essential for traders to use it judiciously, as it amplifies both potential gains and losses. 4. Risk Management Services Managing risk is a critical aspect of Forex trading. Experienced brokers offer risk management tools such as stop-loss orders to help traders limit potential losses and protect their capital.     Selecting the Right Broker: Navigating the List of Forex Brokers Given the crucial role Forex brokers play, selecting the right one is paramount for traders. The internet is flooded with a myriad of options, making the process seem overwhelming. To streamline this decision-making, traders often refer to a list of Forex brokers – a comprehensive directory that outlines the key features and offerings of various brokers. Considerations When Choosing a Forex Broker: Regulation and Compliance: Ensure the broker is regulated by a reputable financial authority, enhancing trust and security. Trading Platform: Assess the broker's trading platform for user-friendliness, stability, and the availability of essential tools. Transaction Costs: Evaluate the broker's fee structure, including spreads, commissions, and overnight financing costs. Customer Support: Responsive customer support is invaluable. Test their responsiveness before committing to a broker. Educational Resources: A good broker provides educational resources to empower traders with knowledge.   Conclusion: Sailing Smoothly with the Right Forex Broker In the vast sea of Forex trading, a reliable broker acts as a compass, guiding traders through the complexities and helping them navigate market trends. The importance of due diligence when selecting a broker cannot be emphasized enough. By referring to a well-researched "list of Forex brokers" and considering the key factors mentioned, traders can set sail confidently into the world of Forex, armed with the support they need to navigate and succeed in this dynamic market.    
Morgan Stanley Ends Crypto Winter: Bullish on Injective (INJ), VC Spectra (SPCT), and Cosmos (ATOM)

Morgan Stanley Ends Crypto Winter: Bullish on Injective (INJ), VC Spectra (SPCT), and Cosmos (ATOM)

FXMAG Team FXMAG Team 05.11.2023 09:54
Discover insights on top DeFi projects as Morgan Stanley predicts a crypto market upswing, Injective (INJ) collaborates with Google Cloud, and VC Spectra (SPCT) presents lucrative investment opportunities, with a special spotlight on Cosmos' (ATOM) innovative Bitcoin bridge integration. Read on as we unravel the top cryptocurrencies worth investing in ahead of the Bull Run.   >>BUY SPCT TOKENS NOW<<   Morgan Stanley Foresees End of Crypto Winter; Predicts Upcoming Bitcoin Bull Run In a recent analytical report on October 17, 2023, Wall Street titan Morgan Stanley has expressed a belief that the prolonged crypto winter might be coming to an end and a new Bitcoin bull run could be on the horizon.  The bank’s wealth management division delved deep into the cryptocurrency cycle, emphasizing the significant impact of Bitcoin’s halving events on the market. Morgan Stanley’s insights come at a crucial time as investors and enthusiasts in the cryptocurrency space seek signs of market recovery.  The bank’s positive outlook adds a credible voice to the ongoing discussions about the future trajectory of the crypto market, potentially influencing investor sentiment and fostering renewed interest in the digital currency space.   Injective Integrates with Google Cloud’s BigQuery to Enhance Web3 Accessibility On October 24, 2023, Injective (INJ), a decentralized finance (DeFi) platform, integrated with Google Cloud’s BigQuery through the launch of Injective Nexus.  Nexus aims to bridge Injective’s (INJ) blockchain data with the broader developer community, offering datasets for various applications, including DeFi, machine learning, and institutional trading.  This makes Injective (INJ) part of a select group of significant blockchains integrated with BigQuery, joining Bitcoin and Ethereum. The significance of this collaboration for the Injective (INJ) ecosystem is to foster potential growth in traditional finance and institutions.  The collaboration positively impacted Injective’s (INJ) price as INJ moved from $10.94 to $15.24 between October 24 and November 2, 2023. This bullish movement saw the Injective’s (INJ) price surge by 39.32%, a profitable move for investors.  Market experts speculate that the Injective token, INJ, will continue in this bullish momentum, possibly reaching $17.31 by December 22, 2023.   VC Spectra's (SPCT) Profitable Investment Opportunities Set the DeFi Project Apart Morgan Stanley’s insights have sparked some level of hope in the crypto market, as Injective (INJ), Cosmos (ATOM), and VC Spectra (SPCT) have been positively influenced.  VC Spectra (SPCT), a new and promising DeFi token, has been making waves in the crypto market, rapidly climbing the ranks to position itself among the top altcoins.  With a starting price of $0.008, VC Spectra (SPCT) has soared to $0.055, delivering a whopping 587.5% profit to its early investors participating in Stage 1 of its public presale. As the crypto community buzzes with opinions on Morgan Stanley's insight, VC Spectra (SPCT) continues to attract attention to its ecosystem, offering profitable investment opportunities. Amidst the impressive price movement, VC Spectra (SPCT) operates as an asset management protocol and trading platform. VC Spectra (SPCT) aims to promote sustainable investments in fintech and blockchain, democratizing access for experienced and novice investors. However, market experts predict a potential rise to $0.080 before the end of the public presale. Such an increase would provide a staggering 45.45% return for potential investors. This outstanding performance points VC Spectra (SPCT) out as a top cryptocurrency to invest in.   >>BUY SPCT TOKENS NOW<<   Cosmos (ATOM) Revolutionizes DeFi with Native Bitcoin Bridge: nBTC Launches On October 31, 2023, Cosmos (ATOM), one of the top DeFi projects, successfully launched a bridge to bring native Bitcoin (BTC) into its DeFi ecosystem without the need for wrapping.  This bridge, created by the project Nomic, enables the creation of nBTC, an IBC-transferrable token on Cosmos ATOM chains. The goal of this integration with Cosmos ATOM is to provide Bitcoin holders with an easy way to participate in DeFi while maintaining the decentralized nature of Bitcoin.  Following the announcement, Cosmos crypto has been on a bullish trajectory, moving from $6.223 to $7.845 between October 19 and November 2, 2023. This price action marks a 26.07% surge in Cosmos ATOM. Furthermore, experts predict that ATOM will continue to $8.91 by December 15, 2023.   To learn more about VC Spectra (SPCT) and its presale, visit: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io   Telegram: https://t.me/VCSpectra   Twitter: https://twitter.com/spectravcfund This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.  By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.  
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Decade-Long Crypto Holds: Three Coins to Keep in Your Portfolio Until 2030 (DOGE, SPCT, XRP)

FXMAG Team FXMAG Team 03.11.2023 11:27
A significant network upgrade is on the horizon for Dogecoin (DOGE), with analysts optimistic about DOGE’s future price dynamics. Meanwhile, XRP’s parent company, Ripple Labs, forged a strategic partnership with Uphold to enhance cross-border payment liquidity. Amid these developments, VC Spectra (SPCT) has cemented its place in the crypto world after it soared to $0.055 ahead of schedule.   So, which is the best cryptocurrency to invest in until 2030? Read on to find out. >>BUY SPCT TOKENS NOW<< Summary DOGE price prediction suggests Dogecoin will surge to $0.086 by December 2023. VC Spectra (SPCT) surprises crypto enthusiasts with its 587.5% spike. Analysts say the XRP crypto price will trade at $0.94 by the end of 2023. Dogecoin (DOGE) Set To Upgrade Its Network In November Dogecoin (DOGE) is renowned for its status as a meme coin and has become a trendsetter in the cryptocurrency realm. Its influence extends to inspiring a plethora of other animal-themed cryptocurrencies. Unfortunately, the bearish market trend plunged Dogecoin (DOGE) by 46.1% in the past year. Not all hope is lost, though. The Dogecoin community is preparing for a major network upgrade slated for November 1, 2023, at 3 AM UTC. Recent news suggests the upgrade will last for roughly 2 hours at "Est. block height 18978410." The upcoming protocol upgrade for Dogecoin (DOGE) emphasizes scalability and stability. Users are advised about potential downtime on Dogechain during transaction activities. As part of upgrade preparations, users are strongly encouraged to switch their wallet RPC to https://rpc.dogechain.dog, as service from all other RPCs will be discontinued after the upgrade. So, it’s no surprise that analysts are bullish on the Dogecoin prediction. With Dogecoin (DOGE) enhancing its network capabilities, the Dogecoin prediction indicates DOGE will soar to $0.086 by the end of 2023. Moreover, the Dogecoin prediction suggests DOGE will skyrocket to $2.781 by 2030. Can Dogecoin (DOGE) challenge the new market entrant, VC Spectra (SPCT)?   VC Spectra (SPCT) Sets a New Standard with Remarkable Presale Success The crypto sphere is experiencing seismic shifts due to price corrections and increased market volatility, creating an aura of unpredictability. Nonetheless, VC Spectra (SPCT) defies the chaos, harnessing AI trading tactics to optimize investor returns while reducing risks. Investors are drawn to the unparalleled real-world utility of VC Spectra (SPCT), kindling enthusiasm to harness its promising prospects. VC Spectra (SPCT) stands out by providing investors with an exclusive gateway to pre-ICOs and early-stage blockchain ventures. VC Spectra (SPCT) also extends its influence by offering guidance and mentorship to core teams, aiding them in shaping a well-structured portfolio business model. With a meticulous approach, the platform designates 40% of its funds to a thoughtfully curated portfolio, while another 40% is strategically allocated to specific ICOs and cryptocurrencies. VC Spectra (SPCT) is exchanging hands at t $0.055 during Stage 4 of its public presale, marking a 587.5% increase from its initial price of $0.008. As VC Spectra (SPCT) attracts an influx of investors, experts say SPCT’s price will exceed the $0.080 mark by the end of the presale. Finally, let’s discover how XRP (XRP) is fairing on.   Ripple Partners With Uphold To Boost XRP (XRP) Liquidity Regulatory uncertainties have marred XRP's journey over the past year, particularly the SEC's close examination. Fortunately, XRP emerged victorious in a high-stakes legal battle with the SEC in July. Despite regulatory hurdles, XRP news today indicates the token soared by 35.8% in the past year. Meanwhile, on October 24, Ripple Labs announced its partnership with Uphold, a prominent Web3 financial platform. As per XRP news today, the strategic alliance will fortify Ripple’s cross-border payment capabilities. Uphold's trading architecture, as highlighted by CEO Simon McLoughlin, provides a seamless mechanism for transferring value between fiat and crypto and navigating various networks. This feature facilitates access from diverse crypto liquidity venues worldwide, empowering businesses to serve customers and streamline payment deliveries efficiently. Furthermore, PYMNTS engaged in a discussion earlier this month with Ripple's Vice President of Global Account Management, Pat Thelen. He expressed his enthusiasm for the tokenization of real-world assets, characterizing it as an exceptionally exciting development in the industry. With Ripple Labs at the forefront of innovation, the XRP crypto price is expected to rise to $0.94 by December 2023. Moreover, XRP news today suggests the token will trade at an average price of $6.58 by 2030. Learn more about the VC Spectra presale here: Presale: https://invest.vcspectra.io/login  Website: https://vcspectra.io   Telegram: https://t.me/VCSpectra  Twitter: https://twitter.com/spectravcfund Disclaimer: This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.    By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
Why Gala, Ethereum, and VC Spectra Are Positioned for Potential Price Increase?

Why Gala, Ethereum, and VC Spectra Are Positioned for Potential Price Increase?

FXMAG Team FXMAG Team 02.11.2023 15:23
The recent developments surrounding Gala (GALA), Ethereum (ETH), and VC Spectra (SPCT) suggest that these cryptocurrencies are well-positioned for potential price increases. Gala's new partnerships are instilling confidence in the project, Ethereum's upcoming upgrade signals a bullish trend, and VC Spectra's unique investment features are attracting significant attention. Let's explore why these top crypto coins are a must-have in your investment portfolios.   >>BUY SPCT TOKENS NOW<< Gala (GALA) Regains Confidence With New Partnerships After a turbulent month of September, marked by internal conflicts among co-founders that negatively impacted its valuation, the GALA token is now regaining momentum. The leadership struggles within the gaming startup caused the GALA token's price to plummet.  However, October has brought about a much-needed recovery for GALA, as the company announces new partnerships and witnesses a restoration of confidence within its community. One notable collaboration is with the filmmakers behind Common Ground, winners at the Tribeca Festival, who will integrate their film into GALA's gaming platform. This partnership has significantly boosted sentiment surrounding GALA. The positive news is visibly contributing to the token's resurgence, with GALA trading at around $0.018 in October. Moreover, industry experts are optimistic about GALA's future value, predicting that the altcoin price will reach $0.030 before the end of 2023.   Ethereum Price Prediction: Upgrade and Whale Reveals Bullish Signals For ETH In October, shortly after All Core Developers Execution, Ethereum (ETH) developers launched Devnet-10 to test the Cancun/Deneb (Dencun) upgrade, setting up the devnet with 330,000 active validators to trigger a change in the validator churn limit. Later the same month, several brand new wallets were spotted that acquired a terrific amount of Ethereum (ETH). Four new blockchain addresses grabbed 56,070 ETH, paying an ETH max price worth $98.06 million in fiat.  Moreover, the anticipated Ethereum (ETH) upgrade and the recent Ethereum (ETH) whale activity suggest a bullish Ethereum price prediction. While Ethereum (ETH) traded at $1,801 in October, experts predict an Ethereum price prediction of around $2,000 before 2023 ends    VC Spectra (SPCT): A Game-Changer In Blockchain Investing VC Spectra (SPCT) is generating significant buzz in the crypto world, and it's no wonder why investors are excited about its potential for a price increase. The protocol offers a unique investment experience on the blockchain, making it accessible to investors of all financial backgrounds.  One key factor contributing to VC Spectra's potential price increase is the unlimited access to the top ICO list. This feature allows investors to diversify their portfolios and explore new investment opportunities within the blockchain space.  Furthermore, VC Spectra (SPCT) grants voting rights to its investors, enabling them to participate in the decision-making process regarding fund allocation actively. This democratic approach empowers investors and fosters a sense of ownership within the community. Currently, VC Spectra's SPCT token is in Stage 4 of its public presale, priced at $0.055. Since the beginning, it has seen a remarkable surge of 587.5%. The initial forecast predicted a price of $0.080 by the end of the presale, representing a staggering 900% increase.  Given the overwhelming demand and impressive performance in presale, SPCT is expected to surpass its initial forecast of $0.080, making it one of the best cryptos to buy for the long term.   Learn more about VC Spectra (SPCT) and its presale: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.  By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.  
iFX EXPO Dubai 2024 – What’s New and Why You Need to Attend

iFX EXPO Dubai 2024 – What’s New and Why You Need to Attend

FXMAG Team FXMAG Team 02.11.2023 11:31
It may only be November, but the anticipation and hype is already building for the upcoming online trading event.  Coming this January 16-18 at the Dubai World Trade Centre, iFX EXPO Dubai 2024, the industry’s biggest expo series, will be showcasing a new emphasis on the B2C trading space. This includes the freshly launched Traders Arena and Lounge, an exclusive environment for traders to integrate themselves into the iFX EXPO community.  The iFX EXPO series has recently been catering increasingly to a larger number of participants and due to popular demand, iFX EXPO Dubai 2024 will take a deep dive into the B2C space, allowing attendees to learn, share, and grow in the world of trading. Start off 2024 the right way by attending the landmark online trading event. Don't miss out on the exclusive Early Bird offer for a limited time only. Registration is already open and can be accessed via the following link. Secure your spot in advance and avoid waiting in line!    Introducing the Traders Lounge & Traders Arena Every iFX EXPO is unique in its own way, with the upcoming 2024 event in Dubai looking to bridge the world of fintech and online trading.  For the first time ever, traders will be able to explore dedicated areas; the Traders Lounge and the Traders Arena. The Traders Lounge will function as an exclusive hub for collaboration among traders from around the globe, exchanging insights and building relationships. Prospective attendees can also immerse themselves into the Traders Arena. This dynamic stage will provide the ideal atmosphere for trading education and community building. Its aim is to foster learning, sharing, and inclusion into the expansive world of trading. All attendees can expect to be a part of an innovative stage where truly anything can happen. This forum will touch on the latest market & technical analysis, networking opportunities, trading technology, and inspiring success stories.    iFX EXPO Now Brings the World of Online Trading Even Closer These dedicated spaces will be ground zero for the most engaging and fresh perspectives into the forex sphere. Begin 2024 by congregating with traders and industry players from around the world in either the Traders Arena and Lounge or anywhere across the expo floor. This is your chance to step into the global trading spotlight in the MENA region, where opportunities know no bounds. The expanded B2C presence at iFX EXPO Dubai 2024 means all attendees can learn how the latest trading technologies and platforms compare, as well as catch a glimpse of never-before-seen improvements and developments.  Exhibitors will also have a chance to showcase their products or services and speak directly to a pool of traders that is expected to number in the thousands. Attendees can connect with fintech innovators, industry-leading brands, the most trusted brokers, and service providers. Interested in relationship building and networking? This event is the place to be for anyone looking to facilitate increased loyalty and trust through in-person engagements.    Book Your Sponsorship and Booth at iFX EXPO Dubai 2024 Don’t let the calendar fool you, January will be here before you know it. The countdown has already begun to the premier online trading expo in the MENA region. iFX EXPO Dubai 2024 will present the biggest branding and sponsorship opportunities of the New Year. Just a few sponsorship opportunities still remain, including Gold Sponsorship, Traders Arena Sponsorship, Gelato Sponsorship, Idea Hub Sponsorship, Welcome Party, Attendee Bag, Executive Lounge Sponsorship, and Business Lounge Sponsorship. Or perhaps you are interested in showing off your brand at a booth. If so, the time to book yours is now, with over 90% of booth opportunities already gone.  Contact sales@ifxexpo.com for any sponsorship or booth opportunities before it’s too late.    Exclusive Accommodation Offer Available It’s never too early to plan your trip to the iFX EXPO Dubai 2024. Doing so is easier than ever with an exclusive accommodation offer. Book your accommodation at a great discount using the promo code provided through the Official Hotel Booking Partner and Travel Care. Stay tuned for the latest updates surrounding iFX EXPO Dubai 2024 by following the official social media channels. See you in Dubai this January!
FMLS:23 – Join the Most Anticipated Financial Event in London

FMLS:23 – Join the Most Anticipated Financial Event in London

FXMAG Team FXMAG Team 27.10.2023 07:44
The financial world is abuzz with excitement as the much-awaited Finance Magnates London Summit (FMLS) is set to take place at Old Billingsgate on November 20-22, 2023. Registration is now open for this prestigious gathering is already available so sign up now and reserve your seat to the biggest event of the Fall! This year’s event promises to bring something special for all attendees. FMLS:23 is expected to draw a record attendance, including upwards of 150+ distinguished speakers, ground-breaking innovations from 120+ exhibitors, as well as a legendary closing party with live music and captivating entertainment.   FMLS:23 – Uniting Industry Leaders and Attendees FMLS:23 looks to bring together leading experts, industry professionals, and visionaries. This landmark event, now in its 11th year, never fails to provide unparalleled networking opportunities, insightful panel discussions, and cutting-edge presentations.  The three-day summit will kick off with its annual Networking Blitz Party at The Folly in downtown London. This opening party will provide the ideal atmosphere for executives, marketers, and attendees for mingling and networking ahead of the official door opening. FMLS:23 has earned a reputation as the premier financial event of the year. The summit aims to unite industry leaders, top executives, and decision-makers from various sectors, including banking, fintech, cryptocurrencies, forex, and more.  With an extensive lineup of distinguished speakers and delegates, the event also will aim to provide valuable insights into the latest trends, challenges, and opportunities shaping the global financial landscape.   Insightful Panel Discussions and Keynote Speakers on Offer One of the main highlights of the Finance Magnates London Summit is the series of insightful panel discussions and keynote speeches from industry titans. Renowned experts will share their views on a wide range of topics, including market trends, regulatory developments, blockchain technology, digital assets, and the future of finance. These discussions are designed to equip attendees with the knowledge and tools to navigate the ever-evolving financial market successfully. Prospective attendees can familiarize themselves with the event’s full agenda, which is now live.   Exclusive Networking Opportunities Apart from the educational value, FMLS:23 offers exceptional networking opportunities. Attendees will have the chance to connect with top executives, decision-makers, and key influencers from across the financial services spectrum.  Building connections with industry leaders can open doors to new business partnerships, collaborations, and potential clients. Whether you are a seasoned professional or a newcomer in the financial world, networking at the summit can prove to be invaluable. For those seeking a more hands-on learning experience, FMLS:23 offers interactive workshops and the opportunity for one-on-one engagement. These smaller group sessions are conducted by industry experts and provide in-depth knowledge on specific topics. From practical trading strategies to compliance best practices, these workshops cater to diverse interests and skill levels.   London Summit Awards 2023 – Nominations Now Open For many attendees, the highlight of the event is the London Summit Awards. The prestigious awards ceremony happens each year at the conclusion of FMLS, which recognize the best performing and most innovative brands of 2023. Have you nominated your brand yet? Time is running out, with this year’s Nomination process already opening. So far, the competition has been heating up with no shortage of quality brands already vying for the biggest honors in the industry. These awards are amongst the most distinguished and have no equal. That is because these titles are rewarded solely by industry peers and a transparent voting process. This year, a total of twenty-four award categories are set to be given out across the online trading, fintech, payments, and digital assets space. Looking to nominate your brand? With only one month to go, the time to make your voice heard is now, and that starts with nominating the best performing brands of 2023. The full terms and conditions of the awards process can be read by the following link.  The path to glory starts with the nomination round where brands are nominated in various categories and will last until November 5, followed by the online voting round that will begin shortly after.
Digital Gift Cards from WhiteBIT are Available for Cryptocurrency in Poland

Digital Gift Cards from WhiteBIT are Available for Cryptocurrency in Poland

FXMAG Team FXMAG Team 26.10.2023 11:01
  Cards that can be used in Poland. The cards grant access to buying clothes, travel passes, and much more in popular shops and platforms as Ticketmaster and Primark. The gift cards are available for purchase with cryptocurrency by WhiteBIT users. Gift Cards are designed for purchasing goods from stores and popular services and, in the era of endless shopping possibilities, have proven to be an excellent gift for any occasion.   WhiteBIT caught the attention of its users by adding a possibility to buy Digital Gift Cards right on the platform with cryptocurrency. Thus, any signed up and verified user who activated 2FA on the platform can buy the selection of cards in the app or on the web version of the exchange and it with available digital assets. Now, WhiteBIT users from Poland can buy Digital Gift Cards with cryptocurrency to acquire goods and services from brands like Ticketmaster and Primark. Convenient fiat depositing is worth mentioning here, as Polish users can easily deposit Zloty to the exchange and buy crypto for it or exchange it for the available digital currency. For example, WhiteBIT users can buy a Gift Card for Primark with a maximum amount of 750 Polish Zloty, and 1250 Zloty for Ticketmaster. WhiteBIT users who have already completed identity verification on the platform and activated two-factor authentication can explore the convenience of a card in the WhiteBIT mobile application. To order a card, you have to: Open the “Gift Cards” section located on the main page of the application in the list of products and the “Promo” block. Utilize the filter to select Poland as country of residence or the intended card user’s country. This feature enables you to pick services available in the location of a future cardholder. Choose a card from the list of available services and enter the amount that will serve as the denomination of the gift card. For convenience, you can also apply a filter and select a card by the desired category. Pay for the Gift Card with cryptocurrency directly from the main balance on the exchange.   This type of gift card shows advantages over physical cards due to the instant access to them, the convenience of purchase, and the ability to send them in a link to anyone. Another advantage is that even though the choice of cards on WhiteBIT depends on the user’s location when it comes to using the card, purchasing is available from anywhere in the world. Moreover, one can use the card in both online and offline shops and services. This nuance is one of the many that make Digital Gift Cards an attractive gift option. Digital Gift Cards that are available on WhiteBIT are a good example of cryptocurrency becoming a way to optimize shopping and gift-giving, offering affordable prices for top-notch goods and services.   WhiteBIT is one of the largest European centralized crypto exchanges, originally from Ukraine, founded in 2018. The exchange offers 350+ trading pairs, 270+ digital assets, and 10+ state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.
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How do beginners invest in commodities?

FXMAG Team FXMAG Team 18.10.2023 13:10
Investing is an essential part of securing your financial future, and the first step to creating a sound investment portfolio is educating yourself on the different types of investments available. Commodities can be an excellent option for those who want to diversify their investment strategies beyond stocks and bonds. Commodities are often seen as risky investments due to their high volatility. Yet, if you're willing to take the time to understand how they work and develop some strategies for trading them long-term, they can be advantageous additions to any portfolio. Here, we will discuss how beginners can start investing in commodities and help create a successful portfolio with minimal risk involved.   Understand the different types of commodities available for investment  Investing in commodities can be an attractive financial opportunity for those looking to diversify their investment portfolio or hedge against inflation. Many commodities include precious metals, energy sources like crude oil and natural gas, and agricultural products such as wheat, corn and soybeans. Each commodity has its unique market dynamics, which supply and demand, geopolitical tensions, and weather conditions can affect it.     Understanding the different types of commodities available for investment can help investors make informed decisions about where to allocate their money, depending on their goals and risk tolerance. With the proper knowledge and approach, commodity investing can be valuable to an individual's investment strategy. Learn more here about the different commodities available for investment.     Research current market trends and the supply/demand dynamics of commodities  Before investing in commodities, it is essential to research and analyse the current market trends and supply/demand dynamics of the specific commodities you are interested in. It can involve keeping up-to-date with global news, geopolitical events, and economic indicators that could impact commodity prices.    It is also essential to understand how supply and demand affect commodity prices. For example, if there is an increase in demand for a particular commodity but a decrease in supply, the cost of that commodity will likely go up. Conducting thorough research and staying informed can help investors make well-informed decisions when investing in commodities.    Learn about the risks associated with investing in commodities and how to manage them  Investing in commodities comes with its fair share of risks, and beginners must understand them before diving into the market. One common risk associated with commodity investing is volatility. Commodities are known for their volatile nature, and prices can fluctuate significantly in a short amount of time.    Another risk is the influence of external factors such as weather conditions, geopolitical tensions, and economic policies. These factors can impact the supply and demand dynamics of commodities and, in turn, affect their prices.    To manage these risks, beginners should consider diversifying their investments across different types of commodities to minimise their exposure to a single commodity's price fluctuations. Additionally, conducting thorough research and staying informed about market trends can help mitigate risks associated with commodity investing.    Determine an investment strategy that fits your budget and risk tolerance  Once you understand the different types of commodities, market trends, and risks associated with investing in commodities, the next step is to determine an investment strategy that fits your budget and risk tolerance. It is important to remember that commodity investing should only be considered part of a well-diversified portfolio and not the sole focus of an investment strategy. Consider the amount of capital you are willing to invest and your risk tolerance before deciding on a method.     Some common strategies for commodity investing include buying physical commodities such as gold or silver, trading futures contracts, or investing in commodity ETFs (exchange-traded funds). It is also essential to regularly review and adjust your investment strategy as needed.    Choose a reliable broker to execute trades on your behalf  To invest in commodities, you must use a broker to execute trades on your behalf. Choosing a reliable and reputable broker with experience in commodity trading is crucial. Look for brokers that offer competitive fees, have a user-friendly trading platform, and provide access to various types of commodities.    It is also essential to do your due diligence and research the broker before deciding. Reading reviews and seeking recommendations from experienced commodity investors can also help you choose the right broker for your investment needs.    Open an account and begin trading commodities  Once you have chosen a reliable broker, the next step is opening an account and trading commodities. Most brokers will require you to fill out an application and provide identification documents before opening an account. Some brokers may also need a minimum deposit amount to start trading.    Before making any trades, it is essential to thoroughly understand the trading platform and any associated fees or charges. Start with small investments and gradually increase your exposure to commodities as you gain experience and confidence in the market.  //
Brazilian Central Bank (BCB) to Proceed with 50bp Interest Rate Cut Today Amidst Challenging External Environment

How to Choose a Crypto Exchange

FXMAG Team FXMAG Team 13.10.2023 13:25
Cryptocurrency exchanges operate like brokerage accounts. You create an account, fund it, and trade cryptos. Exchanges make it easier to buy and sell virtual currencies. Your crypto investing success significantly depends on the exchange you choose. Knowing the features to look for in your preferred crypto exchange is key to helping you find the right platform for your investment. Discussed below is how to choose a crypto exchange.   Consider fiat currency support   Fiat currency support is a significant factor when looking for a crypto exchange, particularly if you're a newbie in the cryptocurrency market. Such exchanges are known as fiat-to-crypto exchanges. They allow investors/ traders to convert traditional currencies, like EUR and USD, into digital coins, such as Litecoin and Bitcoin. Such exchanges serve as intermediaries that facilitate the conversion of fiat currency into crypto and the exchange of crypto into fiat money. When you use an exchange that supports fiat currency, you can buy or sell crypto depending on the market conditions and exchange rates. If you intend to trade cryptos like Bitcoin using dollars, compare several crypto exchanges' BTC to USD exchange rates to select the platform offering the best rates.   Prioritize security   While cryptocurrency’s blockchain technology's complex nature makes it hard to hack, additional security measures are required to safeguard user data and ascertain user safety from possible threats posed by malicious users/ hackers. To find a secure crypto exchange, look for security measures like: KYC protocol: This ensures that only legit users can access crypto platforms, averting illicit activities like money laundering Cold storage: It keeps funds in a wallet that isn't internet-connected to ensure cybercriminals don't access user assets Encryption: This security measure protects customer communications and data from unauthorized access Multi-signature authentication: It’s a system that needs two or more financial transaction and account access keys, with one held by the user and the other retained by the exchange   Compare trading fees   Trading fees, including funding, gas, deposit and withdrawal, copy trading fees, and more, are inherent in crypto exchanges. They’re charged by exchanges when users trade crypto, complete transactions, or invest in cryptocurrency-related financial instruments. Based on the service, exchanges charge varying fees. As an active trader, observing crypto trading fees closely is important because they can quickly crash your profitable crypto strategy. Choose an exchange with the lowest trading fees to ensure a high return on investment.   Ensure sufficient liquidity   Liquidity’s presence makes the cryptocurrency market more stable and safeguards crypto exchanges and traders from price swing effects. Sufficient liquidity ensures equitable, fair pricing for each market participant. A majority number of sellers and buyers account for reasonable pricing. A high liquidity level is a sign of a high number of traders, meaning purchase orders and sell orders are filled faster than in an exchange with low liquidity levels. This results in an increased trading pace, contributing to a better user experience. In addition, high liquidity comes in handy. Low liquidity aggravates volatility, raising the risk of price falls and rises.   Look at the crypto choices   Thousands of crypto types are available in the market, and no one exchange can provide all of them. Most crypto platforms will likely offer the most popular coins and a few less popular ones. Settle for an exchange that provides the most types of coins, including the ones you’re interested in. Endnote Selecting the right crypto platform is essential for successful investing. Implement these tips to find the best crypto exchange.   
Building Strong Foundations: Kwakol Market Academy's Educational Resources Transform Beginners into Investors

Building Strong Foundations: Kwakol Market Academy's Educational Resources Transform Beginners into Investors

FXMAG Team FXMAG Team 09.10.2023 15:14
Discover Kwakol Market’s free educational resources for a strong start in the financial markets. Nigeria-based, global multi-asset broker Kwakol Markets, which won the ‘Most Innovative Broker – Africa’ at the UF AWARDS MEA 2023, has extended its innovative approach into providing lifelong educational resources, transforming beginners into investors while offering more experienced traders a Telegram community to discuss market trends and strategies.    The world of trading and investing can seem daunting to beginners, with its complex terminology and ever-changing trends. However, Kwakol Markets is determined to break down these barriers by providing free educational resources through their Kwakol Market Academy. Kwakol Market Academy offers comprehensive courses, free classes, regularly updated news, e-books, and an engaging Telegram community aimed at empowering individuals to make informed investment decisions and achieve their financial goals.   Education is vital for anyone seeking success in the financial markets. Without a solid understanding of investment principles and strategies, individuals may find themselves at a higher risk of making poor decisions. Kwakol Market Academy recognises the importance of education and aims to bridge the knowledge gap for aspiring investors and traders. By learning from accessible and comprehensive educational resources, traders can make more informed decisions, better manage risk, and maximise their investment potential.   Kwakol Market Academy offers a range of comprehensive courses designed to build strong investment foundations. These courses cover various aspects of investing and trading, from basic concepts to advanced strategies. Whether you are a complete beginner or a seasoned investor looking to expand your knowledge, there is a course tailored to your needs. The courses are carefully crafted by industry experts, ensuring that the content is relevant, accurate, and up-to-date. By taking these courses, individuals can gain a solid understanding of investment principles and develop the skills necessary to pursue returns in the financial markets with confidence.   In addition to their comprehensive courses, Kwakol Market Academy provides access to free classes covering diverse topics in the financial markets. These classes are designed to cater to the needs of different individuals, regardless of their level of experience or specific interests. Whether you are interested in stocks, forex, commodities, or cryptocurrencies, you can find a class that suits your interests. The free classes offer valuable insights into various investment strategies, market trends, and risk management techniques. By attending these classes, individuals can broaden their knowledge and gain a well-rounded understanding of the financial markets.   Staying informed is essential for anyone participating in the financial markets. To help investors stay up to date with the latest news and developments, Kwakol Market Academy provides regular news articles. These articles cover a wide range of topics, including market trends, economic indicators, company announcements, and regulatory changes. By staying informed, individuals can make more knowledgeable investment decisions and adapt their strategies accordingly. Kwakol Market Academy's commitment to providing timely and accurate news gives investors access to the fast-changing information they need to stay ahead in the markets.   For traders seeking more in-depth insights into trading strategies, Kwakol Market Academy offers a selection of e-books. These e-books delve into various trading techniques, providing readers with a deeper understanding of the mechanics behind successful trading. For those interested in technical analysis, fundamental analysis, or a specific trading strategy, there’s an e-book that covers each topic. The e-books are written by industry experts and offer practical tips and advice that comes from real-world trading scenarios. By reading these e-books, individuals can enhance their trading skills and increase their chances of success in the financial markets.   In addition to their educational resources, Kwakol Market Academy’s Telegram community brings together traders and investors to discuss market trends, share ideas, and seek advice. This community serves as a valuable platform for networking and knowledge sharing, allowing individuals to learn from each other's experiences and perspectives. A valuable source of information for beginners looking for guidance or experienced traders seeking to connect with like-minded individuals, the Telegram community provides a supportive and collaborative environment. By participating in these discussions, individuals can gain valuable insights, expand their network, and further develop their understanding of the market dynamics.   Kwakol Market Academy's educational resources are a strong foundation for beginners and experienced traders alike. By offering comprehensive courses, free classes, regularly updated news, e-books, and a lively Telegram community, Kwakol Markets empowers individuals to build strong investment foundations and make informed decisions in the financial markets.    Whether you are just starting out or looking to enhance your trading skills, Kwakol Market Academy has the resources you need to succeed. Take advantage of these educational offerings and embark on your journey towards your financial goals by visiting their website.
iFX EXPO International 2023 Wraps Up Another Successful Event

iFX EXPO International 2023 Wraps Up Another Successful Event

FXMAG Team FXMAG Team 02.10.2023 16:16
The most talked about financial event of the year took place in Limassol, Cyprus. The city welcomed over 4,000 fintech professionals from across the world for the event that was held at the City of Dreams Integrated Resort in Limassol, Cyprus, from September 19 to 21, 2023. Running for more than 10 years, iFX EXPO International gives C-suite executives a common platform to connect, collaborate and build a community that leads the financial space into a transformative future.  iFX EXPO International 2023 commenced with a vibrant opening party at a prime seafront location, sponsored by leading financial institution BDSwiss. The theme for the event was to share “big ideas from industry pioneers,” paving the way for inspirational conversations before the main event.  Then over the next 2 days, visitors in their thousands attended the exhibition at the luxurious City of Dreams Integrated Resort venue to network, discover exciting new business opportunities and participate in insightful speaker sessions. The Official Night Party, sponsored by ZuluTrade, wrapped up a successful and very productive Day 1. Culminating this year’s show was the prestigious UF AWARDS Global 2023 Ceremony followed by the Official Closing Party.    Sponsored by Leading Fintech Brands  The event could not have been such a success without the support of its various sponsors including the Official Global Partner – ATFX; Elite Sponsor – Fxview; Regional Sponsor - Match-Prime Liquidity. Additionally, B2Broker, Equiti Capital and Zotapay joined the line-up as Diamond Sponsors.  Sponsors came from all finance verticals, including fintech, retail & institutional trading, liquidity providers, digital assets and blockchain, payments, banking, regulation, marketing, and others.  From the Juice Bar organised by Cricpayz to the amazing Cocktail Bar sponsored by ATFX, every aspect of the event was taken care of meticulously for an unparalleled experience. Syntellicore and Capital Wallet kept attendees engaged with their Photo Booth and Beer Bar, respectively making the occasion memorable for all participants.  The events’ media partners were keen to capture the 2.5-day expo, sharing it with their worldwide audiences by tweeting, sharing, posting, liking and Instagramming across their online platforms!   Renowned Speakers and Thought Leaders iFX EXPO International 2023 welcomed over 100 esteemed speakers, covering diverse topics, such as leveraging intelligent technologies, empowering brokerages by elevating payments, enabling improved risk management, innovation and community building in the fintech industry. Each panellist offered immensely meaningful insights into their domain of expertise. Every speaker gave unique and visionary perspectives on how brokerages, fintech firms, banks, and other players in the industry must prepare for the year ahead. Dr. George Theocharides of CySEC emphasised ensuring compliance in financial operations. Speakers in the “Crypto at the Crossroads: Role in the Financial Landscape” segment explored digital currencies' viability amidst economic challenges, moderated by Tom Higgins, Gold-i's Founder & CEO, discussing innovative security solutions and building user confidence. Two days of dynamic Speaker Hall sessions and Idea Hub discussions were truly memorable, featuring a lineup of distinguished speakers, including: Dr. Stella Mourouzidou Damtsa - Manager Segments and Propositions at Bank of Cyprus Alex Phillips - Senior Vice President & Fintech Leader FINPRO at Marsh  Sarvjeet Singh Virk – Co-founder & Chief Managing Director at Finvasia Dr. Dimitrios Patsos – Sr. Specialist, Security at Microsoft Marios Tannousis - CEO at Invest Cyprus Elif Kundakci - CEO at Swissquote Capital Markets Alex Chessé - Head of Sales France, Middle East, Africa at Fireblocks Fedor Balashko – Head of Sales at TikTok Christophoros P. Anayiotos - Board Member, Deal Advisory at KPMG  Panos Bollas - Sector Lead, Greece, Cyprus, Bulgaria & Malta at Google Michael Ioannides - Visa Country Manager Cyprus at Visa Europe   And The Winner Is… The exhibition concluded with the UF AWARDS Global 2023 Ceremony, the most coveted awards in the finance sector, representing the pinnacle of achievement in the fintech and financial services industry. The UF AWARDS recognise and celebrate the torchbearers of exemplary leadership, innovation and customer service, revolutionising the finance landscape across both B2C and B2B spaces. The awards establish the standards that guide best practices of businesses in the industry.   Missed This One?  If you missed the iFX EXPO International 2023, connect with the event’s Facebook or Instagram accounts to get a peek into all that went down. Stay tuned for official photos and videos across social media channels too.   And get ready for the next one! Be part of the future-ready global financial ecosystem as a sponsor or exhibitor for the next event, scheduled for January 16 to 18, 2024, in Dubai, UAE.  The next event is expected to offer a plethora of opportunities to forge partnerships, showcase your offerings and gain valuable insights into the dynamic and rapidly evolving industry. Click here to learn more or email sales@ifxexpo.com.
AAAFx Wins ‘Broker of the Year’ at UF AWARDS Global 2023

AAAFx Wins ‘Broker of the Year’ at UF AWARDS Global 2023

FXMAG Team FXMAG Team 26.09.2023 15:44
The prestigious award is the fourth honour this year that AAAFx has won. Multi-asset brokerage AAAFx has won ‘Broker of the Year’ at the UF AWARDS Global 2023 ceremony. The prestigious award was the latest recognition for the brokerage in what has been a productive year in terms of both operations and industry honours. After being vetted thoroughly and nominated earlier this month, AAAFx won the title of ‘Broker of the Year’ at UF AWARDS Global 2023, which was presented by the organisers Ultimate Fintech. The esteemed award represents an impressive feat for the company, having been recognised as a true industry leader and elite player in the retail sector.  The company has already experienced an eventful year to date, with its latest award building on an impressive resume that it garnered throughout 2023. Indeed, the past nine months have seen the multi-asset brokerage rack up three other distinguished accolades, including the following awards: Best CFD Broker – MEA, at UF AWARDS MEA 2023 Best Forex Spreads Africa, by the Financial Achievements in Markets Excellency Awards Best CFD Broker – APAC, at the UF AWARDS APAC 2023   Somesh Kapuria, Head of Sales at AAAFx commented on the recent award: “We are deeply honoured to be recognised as one of the elite brands in the industry by our peers. This global recognition of Broker of the Year is extremely important to us as it not only acknowledges our prior accomplishments throughout our 16 years of operation but also inspires us to continue aiming for excellence.”   Moving forward, AAAFx will continue its commitment to offering best-in-class services in the FX and CFDs space. The broker’s strong history and recent accomplishments throughout 2023 should help further bolster its standing in the retail trading industry. As ‘Broker of the Year’, AAAFx will also look to operate at a standard that its clients and industry peers have come to expect, with an eye on expansion and future achievements in 2024 and beyond.   About AAAFx Founded in 2007, AAAFx is an EU-regulated broker (license no. 2/540/17.2.2010) headquartered in Athens, Greece. The company’s aim is to offer exceptional trading experiences and outstanding customer support, regardless of a client’s deposit size. Offering in-house customer support 24/5, AAAFx’s leadership team consists of finance professionals with vast experience gained from working on Wall Street. The company fosters a value-based environment across all its offices, driven by a strong belief in business ethics and transparency.
The 5 Best ICOs To Invest in During October for Long-Term Gains

The 5 Best ICOs To Invest in During October for Long-Term Gains

FXMAG Team FXMAG Team 20.09.2023 08:57
Explore the alluring realm of cryptocurrency ICOs as we dive deep into the top 5 projects poised to ignite your investment portfolio in the upcoming year. Crypto presale projects are often some of the highest gainers — as well as some of the best crypto presales of 2023, this list also includes an already-popular project that is launching a brand-new cryptocurrency for its ecosystem.   List of the best crypto ICOs to buy in 2023 Investors seeking to uncover the best crypto ICOs to buy right now should look no further than this list. Each of the following projects provides a unique opportunity to get involved in a high-potential movement during the earliest stages of development. With that in mind, here are the 5 best crypto ICOs to buy right now: Shiba Memu (SHMU) Chancer (CHANCER) AltSignals (ASI) Metacade (MCADE) Polygon (POL) 1. Shiba Memu (SHMU) — An AI-powered meme coin that looks ready to soar Shiba Memu is a next-generation meme coin. It combines the fun-loving community of legacy meme coins with cutting-edge artificial intelligence capabilities, using an automated marketing protocol that continually promotes the project across social channels.   Since meme coins exclusively rely on their ability to gain virality online, Shiba Memu is believed to have vast potential in the crypto sphere. It uses natural language processing (NLP) to accurately analyze market sentiment and current crypto trends, providing intelligent marketing campaigns that drive the adoption of its native token, SHMU.   Shiba Memu will also have a dedicated AI dashboard, enabling tracking of its latest marketing campaigns. Furthermore, SHMU holders themselves can richly interact with Shiba Memu via a ChatGPT-style interface, giving the token solid utility within its ecosystem. Why buy SHMU? Shiba Memu could grow exponentially, thanks to its automated marketing campaigns. As these campaigns are powered using machine learning, they even enable Shiba Memu to continually improve its effectiveness.   Not only that, but SHMU’s features make it one of the few meme coins on the market with real utility in Web3. The token has raised $2.9m so far during the new cryptocurrency presale, and its ICO momentum is now accelerating as the project approaches its first exchange listing with Bitmart.     >>> You can find more information, including how to buy SHMU, here <<<     2. Chancer (CHANCER) — Unlimited betting markets and the best odds in the online betting industry Chancer is fast becoming one of the most sought-after investment opportunities in the world of Web3 after raising $2m during the early stages of its crypto presale. The new project, providing unlimited betting opportunities via customizable bets, is predicted to be highly disruptive to the online betting industry.   Chancer’s new ICO listing has made the native token available at the current price of $0.011. This value will rise to $0.021 over the course of the event, offering a unique chance to buy into a high-potential crypto project during its earliest phases of development.   Bettors can place custom bets on any real-world outcome while using Chancer. It enables full betting freedom with odds chosen by users, making it a truly unique offering. Wagers can be placed on anything, from simple social bets all the way to global events. The possibilities with Chancer are awe-inspiring, making it one of the best crypto presales to buy in 2023. Why buy CHANCER? The native CHANCER token is available at discounted prices during the initial coin offering. Experts have suggested that CHANCER could rise by more than 50x over the coming months and years, meaning the ongoing presale opportunity could be one of the most lucrative investments around.   >>> You can find more information, including how to buy CHANCER, here <<<     3. AltSignals (ASI) — Industry-grade trading tools that deliver consistent crypto market profits AltSignals is an online trading platform that first launched back in 2017. Since then, it has become a standout leader in trading signals, helping traders across crypto markets to make consistent profits regardless of market conditions.   The project is developing a cutting-edge artificial intelligence trading tool called ActualizeAI, which is expected to boost the accuracy and frequency of trading signals shared with its users. It leverages NLP and machine learning to deliver highly accurate trading strategies, using technology typically only available to institutional investors. Why buy ASI? AltSignals’ native token, ASI, has been made available at a reduced rate during its new ICO. The token enables access to ActualizeAI and a range of benefits within the AltSignals ecosystem. ActualizeAI itself could be one of the most lucrative use cases for artificial intelligence, and is expected to revolutionize crypto trading for retail investors.   >>> You can find more information, including how to buy ASI, here <<<     4. Metacade (MCADE) — A broad metaverse arcade that hosted one of the best performing presales of 2023 Metacade is a comprehensive GameFi platform that launched its crypto ICO earlier in 2023. The MCADE token presale raised a whopping $16.4 million across 8 investment rounds, making it one of the most popular crypto presales of the year so far.   Since then, MCADE has gone from strength to strength. The token was listed on Bitmart and Uniswap in May, before posting gains in excess of 200%. The Metacade platform is now home to a growing number of play-to-earn arcade games, with each one providing integrated token rewards for its players. Why buy MCADE? MCADE, although no longer offered at the discounted prices found during its crypto ICO, remains one of the most exciting new token releases of the year. The project offers a range of earning mechanics that go beyond its metaverse arcade, delivering social environments that can connect Web3 gamers together like never before. It’s maturing from one of the best crypto ICOs to watch out for over the coming months and years.   >>> You can find more information, including how to buy MCADE, here <<<     5. Polygon (POL) — A new native token for the Polygon network Polygon, the market-leading scalability solution for the Ethereum ecosystem, recently announced that it is migrating all Polygon protocols to zero-knowledge technology. Part of the Polygon 2.0 upgrade will involve the launch of a new native token called POL, which will be used to pay validator rewards and can be used to pay gas fees on the network.   POL’s utility means that it will essentially replace the MATIC token within the Polygon ecosystem. There has been little information shared about the launch of the POL token beyond this, but speculators have noted that it could be a high potential investment opportunity during its early stages. Why buy POL? With no official ICO date set, POL does not qualify as one of the best ICO cryptocurrencies to buy right now. However, it is still a high-potential new token release, and investors could do extremely well by purchasing the token after its initial launch.   Whether MATIC holders will be able to exchange for POL remains to be seen, but without a doubt, POL could be one of the highest performing new token releases of the year. It will revolutionize the Polygon ecosystem, and has been described as a “third generation token” by the project itself.   Conclusion — What is the best crypto ICO to buy? It’s difficult to choose just one crypto ICO from this list, as each project covered offers immense potential for future growth. Investors looking to buy the best crypto ICO would do well by spreading out their investment across all 5 options, building a diverse portfolio of high-potential crypto projects during their early stages. However, a definitive list of the best crypto ICOs to buy right now is as follows: Shiba Memu (SHMU) Chancer (CHANCER) AltSignals (ASI)   Each of these three projects offers a unique set of features that truly make them stand apart in the world of Web3, and even beyond. They use cutting-edge technologies to improve upon the user experience for highly sought-after pastimes, whether it’s Shiba Memu’s ChatGPT-style dashboard, Chancer’s fully customizable bet slips, or AltSignals’ highly accurate trading signals, these three projects look primed to explode.  
ECB Meeting Uncertainty: Rate Hike or Pause, Market Positions Reflect Tension

ECB Meeting Uncertainty: Rate Hike or Pause, Market Positions Reflect Tension

FXMAG Team FXMAG Team 14.09.2023 10:16
The ECB meeting on Thursday is not likely to be as straightforward as many have seemed over the last year. Even before we get to the new economic forecasts and what that means for monetary policy over the remainder of the year, there isn’t much of a consensus in the markets around what the decision on interest rates will be tomorrow. Markets are pricing in a little more than a 60% chance of another rate hike – probably the final one – and almost a 40% chance of a pause, with around a 70% chance that one will still follow at one of the upcoming meetings.   ECB Interest Rate Probability     How are markets positioned? Obviously, with every currency pair, both components have to be taken into consideration but it’s interesting that EURUSD slipped below the 200/233-day simple moving average band a couple of weeks ago and has neither recovered or accelerated lower.   EURUSD Daily Source – OANDA on Trading View   Perhaps this is a result of some apprehension ahead of the ECB meeting – and today’s US inflation report which triggered some initial volatility but didn’t ultimately swing the pair one way or another – or some slightly dovish positioning in case the ECB opts for its first pause? That should become clearer tomorrow but with the pair already seeing some resistance around the prior lows – 1.0765 – a dovish outcome could see the pair accelerate lower. A significant move (initial volatility can produce big swings that don’t turn out to be significant) below 1.07 and the most recent lows would be very interesting and may suggest that dovish, and bearish, outcome has occurred.    
UK Labor Market Shows Signs of Loosening as Unemployment Rises: ONS Report

UK Labor Market Shows Signs of Loosening as Unemployment Rises: ONS Report

FXMAG Team FXMAG Team 14.09.2023 10:08
The latest labour market statistical release from the ONS showed: • The ILO unemployment rate rising to 4.3% from 4.2% previously • Employment falling by 207k 3m/3m • Private sector regular pay growth at 8.1% 3m/yr from 8.2% 3m/yr   The latest UK labour market data showed the recent loosening of the labour market continuing. In terms of volumes, the release was very much in line with expectations. The unemployment rate ticked up to 4.3% from 4.2% previously with employment falling by 207k 3m/3m (cons 195k). The one shift from recent trends was that the inactivity rate rose slightly, by 0.1ppts to 21.1% mainly due to a sharp rise in inactivity amongst younger (aged 16-24) cohorts and students. That may be a result of summer holidays and likely to reverse in coming months. Inactivity linked to long-term sickness rose again, however, with the overall post-pandemic increase in inactivity still concentrated amongst older cohorts. The number of vacancies fell again, dropping below 1m (to 989k) for the first time in two years and down from a peak of fall 1.3m in the spring of 2022. The number of payrolled employees (based on HMRC tax data which leads the ILO data by one month) is estimated to have fallen by 1k in August after a fall of 3.5k the previous month.   Regular pay growth was 7.8% 3m/yr, unchanged from the previous period and in line with expectations. Total, whole economy pay including bonuses was 8.5% 3m/yr up from a revised 8.4% 3m/yr previously. However, the total pay (i.e. including bonus)) measure is still being affected by one-off non-consolidated payments made to the civil service and NHS as part of recent pay settlements. Private sector regular pay (the measure the MPC have indicated they are actually focused on) dipped to 8.1% 3m/yr from 8.2% 3m/yr previously. The MPC remain focused in two aspects of the labour market 1) its overall tightness and 2) private sector pay developments. On 1) there is now sustained evidence therefore that the labour market is loosening, unemployment has risen, the number of vacancies continues to fall which is backed up by survey data of employment intentions. However, as MPC member Jon Cunliffe noted at last week’s Treasury Committee, "the pay data lag the activity data” and therefore “it takes time for all that to work through". So even if the MPC can begin to feel more confident that the cooling of the labour market will feed through to wage growth it remains too high for comfort in the here and now. We continue to see next week’s meeting delivering a 25bps increase in Bank Rate which we think will mark the end of the current tightening cycle.          
Australian Employment Surges in August Amid Part-Time Gains, While US Retail Sales and PPI Beat Expectations

GBP Remains Vulnerable Amidst Mixed Data and Economic Uncertainty

FXMAG Team FXMAG Team 14.09.2023 10:04
GBP: treading water The GBP remains among the G10 FX underperformers MTD, as mixed UK jobs data could not offer the GBP any sort of relief yesterday with GBP rates falling somewhat. Today the focus shifts onto the latest UK GDP and external trade figures for July, although they may not be of a greater help either. A month ago, UK activity for June surprised massively to the upside (0.5% MoM vs 0.2% expected) thanks to positive base effects stemming from the extra bank holiday, but the ebb & flow in activity from one month to another may have had longer legs. The economists surveyed by Bloomberg indeed look for a -0.2% MoM contraction in July UK GDP, as other data sets already suggest that poor weather conditions in the month somewhat deterred UK consumers, on top of tighter monetary conditions more broadly speaking. Ultimately, today’s data is unlikely to change the prospects that the UK economy will likely just continue to stagnate, as per the latest scenario outlined by the BoE in its August MPR and reiterated yesterday by upcoming Deputy Governor Sarah Breeden. Against this not-so-rosy backdrop, the GBP may just muddle through as well, while being possibly more vulnerable to stagflation threats than other FX majors.   JPY: watching the US CPI data Following BoJ Governor Kazuo Ueda’s hawkish words in the Japanese press over the weekend, investors have continued to increase their bets that the BoJ will end its NIRP sometime in early 2024. The 5Y JGB yield has jumped to its highest level since January 2023, when there was last speculation of a shift in the BoJ’s ultraloose monetary policy stance. This was the time ahead of PM Fumio Kishida nominating Ueda to be BoJ Governor and Ueda affirming he would be sticking to the current monetary policy regime. The 10Y JGB yield is also clinging to its recent 5bp gain to around 0.70%. While this speculation and higher JGB yields initially helped the JPY, its rally has faded and the currency is now only modestly less weak than it was before Ueda’s remarks. The culprit of this renewed weakness in the JPY is investors positioning for a potential upside surprise in US inflation when CPI data is released later today. The main driver of the JPY remains UST yields rather than JGB yields given that the latter remain tied down by the BoJ. An upside surprise in US CPI would place further pressure on Japan’s policymakers to verbally intervene in FX markets to support the JPY to potentially be followed by actual intervention. The BoJ meeting next week will be a big litmus test on this front. What is clear from the recent rhetoric of policymakers is that both MoF and BoJ officials now acknowledge a weak JPY is bringing about more cost-push inflation, which is hurting households, than the desirable demand-pull inflation required to bring about a sustainable end to deflation. This is a significant shift in rhetoric given that previously officials constantly said the benefits of a weak JPY for the economy more than offset its drawbacks.
Asia Weakens as UST Yields and Oil Prices Rise; Focus on US Inflation Data

Asia Weakens as UST Yields and Oil Prices Rise; Focus on US Inflation Data

FXMAG Team FXMAG Team 14.09.2023 10:02
It was a weak session in Asia as higher oil prices and UST yields sapped investors’ enthusiasm for risk. UST yields were pushed higher by concerns about US inflation ahead of the August CPI release later today. Indeed, a 10Y UST auction drew its highest yield since 2007. Asian technology shares were also hurt by a weak investor reception of Apple’s launch of its iPhone 15. At the time of writing, most Asian bourses as well as S&P 500 futures were trading in the red. Higher UST yields and risk-off trading led to a modestly stronger USD with the AUD and JPY leading the declines against the USD. G10 FX is trading cautiously and in tight ranges ahead of the US inflation data release later today.   USD: of (headline) inflation and head fakes Ahead of the US CPI data, our US economist is looking for the headline print to reaccelerate to 3.7% YoY in August, up from 3.2% previously (and above the consensus expectation of 3.6%). In contrast, core inflation is expected to slow down to 4.2% YoY in August, down from 4.7% in July. The mix of accelerating headline and decelerating core inflation highlights that the main driver of the latest price developments is the renewed rebound of energy prices. Fed Chair Jerome Powell signalled back in July that the August CPI is the final of the five key data points that will inform the outcome of next week’s policy meeting. In that, we believe that the Fed may decide to look past the revival of cost-push inflation and focus instead on the persistent drop of core inflation. If confirmed, today’s data could therefore confirm market expectations of a Fed pause in September. Turning to the FX market reaction, the USD will likely take its cue from the US rates markets. We further note that while today’s CPI print may not reignite the Fed rate hike expectations, it could still encourage investors to push back on their rate cut expectations and thus boost the USD rate appeal especially if the (headline) inflation print overshoots market expectations. In addition, the safe-haven USD could continue to draw support from the market’s fragile risk sentiment.
EU Investigates Chinese Electric Vehicle Subsidies, Impact on the EV Market

Paring Back of BoE Hike Expectations Weakens GBP Gains

FXMAG Team FXMAG Team 14.09.2023 10:01
GBP: Paring back of BoE hike expectations encouraging reversal of GBP gains The pound has continued to trade at weaker levels overnight after selling off yesterday following the release of the latest labour market report from the UK. It has resulted in EUR/GBP rising back above the 0.8600-level while cable is continuing to hold just above support from the 200-day moving average that comes in at around 1.2430. The pound has been undermined recently by the paring back of BoE rate hike expectations as we highlighted in our latest FX Weekly report (click here). The UK rate market has become less confident that the BoE will deliver multiple further rate hikes in the current tightening cycle. There are 19bps of hikes priced in for next week’s MPC meeting and 39bps of hikes by February of next year. It implies that the UK rate market is currently attaching around a 50:50 probability to the BoE delivering one final hike after next week’s 25bp hike which is viewed as almost a one deal. The main trigger for the paring back of BoE rate hike expectations have been comments from BoE officials including Governor Bailey and Chief Economist Pill who have signalled that the rate hike cycle is close to an end and that keeping rates higher for longer is preferred to the alternative of hiking rates further towards 6.00%. Next week’s updated forward guidance from the MPC meeting will be important in determining whether the BoE plans to deliver one final hike or is becoming more confident that it has raised rates enough   At the same time the recent data flow from the UK is helping to dampen BoE rate hike expectations as well. While yesterday’s labour market report did show average weekly earnings hitting a new high of 8.5% in July, the details of the report provided more encouragement that labour demand continues to weaken and wage growth is beginning to slow. Employment dropped by 207k and the unemployment rate ticked up further to 4.3% as it moved further above the cycle low of 3.5% from las August. Back in the August MPR the BoE had forecast the unemployment rate would rise to only 4.4% by the end of next year. Job vacancies also continued to fall and moved below 1 million. After stripping out more volatile bonuses, regular pay growth in the private sector has slowed in recent months coming. The HMRC’s median pay measure even declined by -0.5%M/M suggesting the peak has been reached for pay growth.   Furthermore, it has just been revealed that services sector growth was much weaker than expected at the start of Q3. After expanding by 0.5%M/M in June, service sector output contracted by -0.5% in July. It has reinforced the pound’s downward momentum  
USD Stable as Oil Prices Rebound Ahead of US CPI Report Release

USD Stable as Oil Prices Rebound Ahead of US CPI Report Release

FXMAG Team FXMAG Team 14.09.2023 09:57
USD: Oil price rebound continues ahead of US CPI report release The main foreign exchange rates have remained stable during the Asian trading session with USD/CNY continuing to trade just below the 7.3000-level and USD/JPY at just below 147.50. The verbal intervention from domestic policymakers in China and Japan to support their currencies has at least helped to stable their currencies close to recent lows although is unlikely to trigger a more sustained reversal of US dollar strength on its own. Market attention will shift back to the global inflation outlook today when the latest US CPI report for August will be released. The recent rebound in the price of oil and gasoline has continued at the start of this week which if sustained would create a more challenging backdrop for central banks next year in their ongoing efforts to bring inflation back down to their targets. The price of Brent crude oil rose further above USD92/barrel overnight extending its advance since the low last month to almost 13% and to almost 30% since the low from back in June. The latest data published by OPEC showed that global markets face a supply shortfall of more than 3 million barrels a day in Q4. If realized it could be the biggest inventory drawdown since at least 2007 according to Bloomberg. OPEC’s 13 members have pumped an average of 27.4 million barrels per day so far this quarter or roughly 1.8 million less than it believes consumers needed. This gap between OPEC supply and demand is expected to almost double in Q4 when it estimates it will need to provide 30.7 million barrels a day to satisfy demand. Saudi Arabia’s recent decision to extend production cuts until the end of this year means that OPEC supply is expected to remain stable. The developments are encouraging speculation that the price of oil could rise back above USD100/barrel by the end of this year. A negative development for global consumers and would limit room for central banks to reverse policy tightening in the year ahead.    
Fed's Watchful Eye on Inflation Expectations Amid Rising Energy Prices

Fed's Watchful Eye on Inflation Expectations Amid Rising Energy Prices

FXMAG Team FXMAG Team 14.09.2023 09:05
Fed to focus on core, but sustained higher energy prices could jeopardize inflation expectations: A jump in gasoline prices over August should drive headline CPI to its highest m/m print since June 2022’s blowout 1.2% gain. Given our house forecast for WTI oil at USD77/barrel by year-end and USD81/barrel by end-2024, we do not envisage significant further upside in gasoline prices. That said, Fed officials will keep close watch on inflation expectations amid energy- and gasoline-price increases. As Powell has stated in the past, as long as inflation remains high, price expectations remain at risk. At the moment, medium- and longer-run inflation expectations have generally stayed anchored, albeit at the upper ends of their recent ranges.   Risks tilted to upside on less scope for “revenge spending” price declines: Of 61 forecasts for August CPI, 45 economists expect a core print of 0.2% m/m, versus 14 at 0.3% and 1 each for 0.1% and 0.4%. We agree that the risks to the core forecast likely tilt to the upside – indeed, our core CPI forecast on an unrounded basis stands at 0.24% m/m. The skew of risks in our view comes by virtue of less scope for downside from several “revenge spending” categories that comprise non-housing services. For example, we think it is unlikely that airfares will post a third consecutive 8% m/m decline, particularly with jet fuel prices increasing for the month (indeed, we pencil in a small rise here)  
Summer 2023: A Cool Down on the Inflation Front and Implications for Fed Policy

Summer 2023: A Cool Down on the Inflation Front and Implications for Fed Policy

FXMAG Team FXMAG Team 14.09.2023 09:03
KEY MESSAGES  We think a third straight 0.2% m/m core CPI print that lowers the y/y rate to 4.3% (from 4.7%) will help firm up a pause at the coming September FOMC meeting.  While Fed officials will likely look through a gasoline-driven 0.6% m/m rise in headline CPI, higher energy prices could risk amplifying inflation expectations, which generally remain anchored but at the high end of their ranges.  We expect a continued moderation in shelter inflation and another contraction in goods prices to keep core inflation relatively subdued. We anticipate little (if any) improvement in non-housing services inflation, which we see continuing to move sideways on a y/y basis.  We see a 0.3% m/m core CPI print as more likely than 0.1%, given large contractions in several “revenge spending” categories such as airfares over the past couple of months that we think will be hard to repeat in August.   Finally, a cool summer on the inflation front Summer 2023 has been one of cooling rather than heating, at least when it comes to inflation. With core CPI having increased by annualized rates of 1.9% in both June and July, a third straight such print should help firm up policymakers’ confidence in an emerging disinflationary trend. As in June and July, we expect goods and shelter inflation to help moderate core inflation for August. Wholesale usedvehicle prices are pointing to another decline for retail prices, while higher inventory levels suggest more downside for nonvehicle core goods inflation. Meanwhile, the slowdown in market rents should continue to feed into overall shelter inflation.   On the mend, but a “long way to go”: Though moderation in these two categories – goods and shelter – may persist in August, we expect little to no improvement in the key non-housing services inflation subset. Specifically, we look for another 0.3% m/m print that should leave the y/y rate steady at 5.3%.   We do not anticipate material improvement in non-housing services inflation without a corresponding softening in the labor market. Evidence is accumulating in that direction – e.g. openings are falling as wage growth is slowing – but we think further material loosening is needed before clearing disinflation for this sticky subset of prices takes hold. Fed Chair Powell hinted at a similar view in his Jackson Hole speech, noting that while the unwindings of both pandemicrelated demand and supply distortions “are now working together to bring down inflation, the process still has a long way to go, even with the more favorable recent readings.”    
Market Risk Sentiment Adjusts as Investors Eye US Inflation Data

Market Risk Sentiment Adjusts as Investors Eye US Inflation Data

FXMAG Team FXMAG Team 14.09.2023 09:01
At -0.78 (vs -0.83 last week) our Risk Index has pulled back a little from elevated levels indicating significant risk-seeking behaviour by investors. The downward trend in the Index is decelerating. The pillars of the recent improvement in risk sentiment are (1) slowing US inflation and (2) investors’ hope that the Fed is likely finished hiking rates or very close to the end of its tightening cycle. Some recent events have dented this hope, including rising food prices on the back of El Nino and higher oil prices on the back of Saudi Arabia & Russia deciding to extend their voluntary production cuts. Higher food & energy prices threaten a re-acceleration in inflation and at the very least high rates for longer or worse a return to Fed rate hikes. Today’s US headline inflation data will be supported by higher energy prices, which will leave investors focusing on the core inflation data for evidence of further deceleration in inflation. Investors are understandably nervous ahead of this data release. The largest contributors to the rise in our Risk Index were rising Sovereign-EM spreads as well as the outperformance of cyclical stocks by defensive stocks. Rising FX market volatility also contributed to the rise in the Index. Falling credit spreads and gold prices restrained the rise in our Risk Index. The CAD is the G10 currency most sensitive to our Risk Index, followed by the GBP and EUR. These currencies are negatively correlated with the Index. The JPY & SEK are the most positively correlated currencies with the Index.        
Government Bond Auctions: Italy, Germany, and Portugal Offerings

Government Bond Auctions: Italy, Germany, and Portugal Offerings

FXMAG Team FXMAG Team 14.09.2023 08:59
oday, Italy will sell EUR 3.5-4bn of the new BTP 4% Nov30 and will reopen BTP 3.85% Sep26 for EUR 2.75-3.25bn, BTP 4.5% Oct53 for EUR 1-1.5bn and BTP 5% Sep40 for EUR 0.75-1bn. The auction size will be EUR 8-9.75bn, in line with its endof-August auction. Reopenings for specialists worth EUR 2.4bn will be particularly valuable due to tomorrow’s ECB meeting. Yesterday, BTP Nov30 was trading at 4.15% on the gray market, 6bp higher than the previous benchmark (BTP 3.7% Jun30). We like the new 7Y benchmark in a 5/7/10Y fly, whereas a 3/5Y steepener is appealing in a medium/long-term horizon. With respect to extra-long bonds on auction, BTP Oct53 remains cheap in relative-value terms, reflecting future supply pressure and lower convexity, while BTP Sep40 is fairly priced. A 10/30Y flattener remains an interesting defensive trade from a tactical perspective, especially after the recent steepening. For further information on the auction, see our Primary Market Focus – Italy issues new BTP Nov30 in an appealing area of the curve. Today, Germany will reopen Bund Aug52 and Bund 1.8% Aug53 for a total of EUR 2.5bn. Bund Aug52 was last sold via auction a month ago, whereas Bund Aug53 was last tapped via syndication on 29 August. The deal worth EUR 3bn was well received. Indeed, Bund Aug53 was sold at Bund Aug52 +7.5bp and is now trading 6bp higher, in line with the spread before the transaction. On the other hand, the extra-long end of the Bund curve has underperformed over the past month, with the 10/30Y spread steepening by 5bp to 12bp. Today, Portugal will reopen PGB 1.65% Jul32 and PGB 0.9% Oct35 for EUR 0.75-1bn.    
Market Focus: Economic Data and Central Banks' Policies

Market Focus: Economic Data and Central Banks' Policies

FXMAG Team FXMAG Team 14.09.2023 08:58
EGB curves bear-flattened yesterday, with investors adjusting their positions ahead of upcoming macro events. Gilts were the stars of the day, with their yields declining after July jobs data confirmed a softening of the labor market, while USTs were little changed. European stocks edged moderately lower. Brent rose by 1.5% to USD 92/bbl   Caution has prevailed overnight, as highlighted by the weak performance of Asian stocks as well as US and European stock futures. While USTs are little changed, Bund futures have edged lower following a Reuters report that the ECB might raise its inflation projection for next year to above 3%. EGBs are set to open the trading session under pressure. In FX, EUR-USD has risen towards the 1.0750 area and USD-JPY has reached 147.40. EGB issuance activity will be quite lively today, with Italy, Germany and Portugal selling a total of EUR 13bn. Focus will be on the new 7Y BTP, the fourth and last new benchmark to be issued by Italy in 3Q23. With respect to the macro data, investor focus will be on US CPI data. The inflation report precedes the FOMC meeting by a week and will probably affect the Fed’s decision and, to a lesser extent, the updated economic projections that will be published next Wednesday. August CPI data are expected to show a mixed picture, with headline inflation likely having increased due to higher energy prices (in August, the average oil price was 6% higher than in July), while core inflation probably softened further. If data come in line with our estimates and consensus, the impact on fixed-income securities will probably be negligible as there seems to be consensus among analysts. Although market-based inflation expectations have already risen due to higher energy prices, especially at shorter tenors, their increase has been limited and breakeven rates have remained within the trading ranges of the last three months. Since 10 August, when July CPI data were published, the 10Y UST yield has risen by 20bp, with the real yield component, now close to 2%, contributing almost 100%. This move shows that inflation expectations remain anchored and that the re-acceleration of headline inflation in August is not seen as a major concern for investors or the Fed. On the other hand, the fresh increase in real yields seems to suggest that investors are continuing to reduce their expectations of a recession in the US and a rapid shift towards a looser monetary policy by the Fed. We see credit starting on a more cautious tone today ahead of the release of US CPI data in the afternoon and higher oil prices are weighing on equity markets. The sentiment on the Swedish residential property market declined again in September with more respondents in the monthly SBAB house price survey now seeing prices falling. The market expectation of a further rate hike by the Swedish central bank indicates expectations that further rising borrowing costs and inflation will lead to accommodation becoming less affordable. Swedish residential property prices are around 10% below their peak in March 2022 and market commentators see overall price declines of 20% as possible. For Swedish banks we see a further decline as still manageable given that average LTVs are in the 50-60% rang   Today and tomorrow are set to be two crucial days for the FX market US CPI inflation for August is the key release early this afternoon, but the USD reaction might prove to be complicated. This is because the US data will likely be mixed. We expect a rise in the headline index and a further decline in the core rate. This might spark some USD swings when the data are published but FX majors will probably end today’s session not far from current levels, given the ECB decision tomorrow. For there to be a more directional reaction, both headline and core inflation would have to surprise to the upside or the downside. Since a steady FOMC meeting outcome on 20 September is highly likely at this point, we expect the market reaction to be asymmetric and think that softer-than-expected data (even in the headline component) are unlikely to dent the current USD strength too much. On the other hand, an unexpected and sharp acceleration in the core index is probably needed to force investors to return to pricing in a higher chance of another rate hike in the US next week, which would drive the dollar index (DXY) back towards the recent peak of 105.15. In our view, EUR-USD is set to remain close to 1.0750, after press report suggesting that the ECB expects inflation to remain above 3% next year. Recent lows of around 1.0690 and 1.0770-1.08 are thus the key levels to monitor. Meanwhile, bad economic data in the UK early this morning will likely keep GBP-USD below 1.25. The return of USDJPY to 147 makes it clear that the debate on policy normalization in Japan is not enough to convince investors to ride a yen recovery, while USD-CNY and USD-CNH are likely to remain below 7.30 amid higher funding costs in the offshore market. Early tomorrow morning the decline that we expect in both headline and core inflation data in Sweden is unlikely to prevent another 25bp rate hike by the Riksbank next week. Still, the data will probably weigh somewhat on the SEK at the start of the European session. The PLN looks set to continue to suffer from the NBP’s bold rate cut last week. The HUF will likely trade close to 385 against the EUR after Hungarian Economic Development Minister Nagy hinted at stagnant growth for Hungary this year, while the NBH confirmed that the base rate (now 13%) will replace the 1D depo rate (now 14%) from 1 October. Lastly, the RUB steadying around 95 against the USD further suggests a steady outcome to the CBR meeting on Friday.
Recent Economic Developments and Upcoming Events in the UK, EU, Eurozone, and US

Recent Economic Developments and Upcoming Events in the UK, EU, Eurozone, and US

FXMAG Team FXMAG Team 14.09.2023 08:56
Economic data, news & events ■ UK: Monthly GDP contracted by 0.5% mom in July, reversing the rise of 0.5% in the prior month. The main downward contribution came from services, where output fell 0.5% mom in July. Within services, the largest downward contribution came from healthcare activity, where industrial action increased. But there were also falls in industrial production and construction in July. Monthly GDP has been particularly volatile recently due to: 1. an additional bank holiday in May; 2. exceptionally warm weather in June, which boosted hospitality, tourism and construction; and 3. Industrial strike action. Looking instead at the less volatile 3M/3M growth rate, GDP rose 0.2% in July, unchanged from June. We continue to expect the economy to enter a recession around the turn of the year. ■ EU: Today, European Commission President von der Leyen will deliver her speech on the State of the Union 2023 during the European Parliament plenary session in Strasbourg. She is expected to outline the main priorities and flagship initiatives for the year to come, based on the EU’s achievements of the past years (9:00 CET). ■ Eurozone: We forecast a 0.7% mom decline in industrial output for July, following a contraction of 1% qoq in 2Q23. The expected contraction will have come about in a difficult environment for the industrial sector, which faces weak global demand for goods and fading support from backlogs of orders. The latest surveys of industrial activity do not point to a turnaround any time soon. The manufacturing PMI and its gauges of output and new orders remain stuck far below the expansion threshold (11:00 CET). ■ US: Headline monthly CPI inflation likely jumped to 0.6% mom in August, from 0.2% mom in July. In yearly terms, CPI inflation likely rose to 3.6%, from 3.2%. Such an acceleration was likely entirely driven by energy prices, as we estimate that gasoline prices rose by around 10% mom in seasonally adjusted terms and utility (piped) gas prices probably followed wholesale prices higher. Core inflation, on the other hand, is likely to come in at 0.2% mom for a third consecutive month, taking the yoy rate down to 4.4% from 4.7% in the prior month. We expect the disinflation process continued in housing, while inflation for core-goods and for non-housing core services (referred to as supercore) likely continued to moderate (14:30 CET).
Assessing the Path: Goods and Shelter Inflation and the Fed's Pause Decision

Risk Sentiment Shifts: Key Indicators and Impact on G10 Currencies

FXMAG Team FXMAG Team 14.09.2023 08:55
At -0.78 (vs -0.83 last week) our Risk Index has pulled back a little from elevated levels indicating significant risk-seeking behaviour by investors. The downward trend in the Index is decelerating. The pillars of the recent improvement in risk sentiment are (1) slowing US inflation and (2) investors’ hope that the Fed is likely finished hiking rates or very close to the end of its tightening cycle. Some recent events have dented this hope, including rising food prices on the back of El Nino and higher oil prices on the back of Saudi Arabia & Russia deciding to extend their voluntary production cuts. Higher food & energy prices threaten a re-acceleration in inflation and at the very least high rates for longer or worse a return to Fed rate hikes. Today’s US headline inflation data will be supported by higher energy prices, which will leave investors focusing on the core inflation data for evidence of further deceleration in inflation. Investors are understandably nervous ahead of this data release. The largest contributors to the rise in our Risk Index were rising Sovereign-EM spreads as well as the outperformance of cyclical stocks by defensive stocks. Rising FX market volatility also contributed to the rise in the Index. Falling credit spreads and gold prices restrained the rise in our Risk Index. The CAD is the G10 currency most sensitive to our Risk Index, followed by the GBP and EUR. These currencies are negatively correlated with the Index. The JPY & SEK are the most positively correlated currencies with the Index.      
BoJ's Normalization Process: Factors and Timing Considerations

BoJ's Normalization Process: Factors and Timing Considerations

FXMAG Team FXMAG Team 14.09.2023 08:53
The timing of the BoJ’s start to the normalisation process will likely depend on whether the Bank of Japan moves quickly or slowly to normalise its monetary policy and on the expectation of whether the Fed will move to cut rates next year. The main scenario for the US is that the central bank policy tightening cycle is approaching its end and the global economy will show stronger signs of slowing down as slows the cumulative effects of policy rate hikes so far to suppress demand and dampen inflationary pressures. An economic slowdown and expectations for interest rate cuts will likely strengthen downward pressure on global bond yields and give the BoJ room to reduce its JGB purchases while maintaining the current YCC framework. Based on the latest US financial accounts, the household savings rate (net asset change as a percentage of GDP) seems to have bottomed out at around 2.2% of GDP in Q422, and it has increased since then to 4.4% as of Q223. The household savings rate rising again combined with economic data showing signs of weakness and weaker inflationary pressures is likely the basis for many market participants continuing to see a soft-landing scenario as their main scenario. As long as markets are pricing in a Fed rate cut sometime next year, the BoJ will likely continue with its current monetary easing policies. We continue to expect the BoJ to likely start the normalisation process by exiting from the YCC framework in CY25, once the global economy enters the next cyclical recovery.   At the G20 New Delhi Summit, the leaders of key economies agreed that “headwinds to global economic growth and stability persist” and shared concerns of a potential global economic slowdown. The BoJ seems to be maintaining the view that “there are extremely high uncertainties for Japan’s economic activity and prices, including developments in overseas economic activity and prices, developments in commodity prices, and domestic firms’ wage- and price-setting behavior”.   The BoJ will likely remain cautious of any major policy changes as long as the central bank holds such views, so as to not repeat past mistakes of premature policy tightening, especially as the government is maintaining a strong commitment to the Abenomics policy framework to pull Japan completely out of deflation. On the other hand, the risk scenario is if the global economy remains resilient and markets stop pricing policy rate cuts by key central banks next year, the BoJ could start the normalisation process in CY24 under the judgement that the global economy will remain strong  
BoJ Governor Hints at Possible Policy Normalization Amidst FX Market Speculation

BoJ Governor Hints at Possible Policy Normalization Amidst FX Market Speculation

FXMAG Team FXMAG Team 14.09.2023 08:52
In an interview with the Yomiuri, BoJ Governor Kazuo Ueda indicated that the central bank could have enough information and data by the end of the year to judge whether wages will continue to rise at a pace that is necessary to achieve the 2% price stability target. However, back in April, Governor Ueda indicated that next year’s annual wage bargaining will likely become a key factor in deciding the future of monetary policy but the BoJ could make a decision on whether the 2% inflation target accompanied by wage growth is achievable at an earlier point depending on the data that becomes available beforehand. The governor’s latest remark is a repeat of his previous comments saying the central bank is of the view that it is ready to normalise its policies once conditions are satisfactory for such moves. Instead, the latest comment was likely made to combat speculative moves in the FX market, which could act as a hindrance to monetary policy. As long as markets are pricing in a Fed rate cut sometime next year, the BoJ will likely continue with the current monetary easing policies. We continue to expect that the BoJ will likely start the normalisation process by exiting from the YCC framework in CY25, once the global economy enters the next cyclical recovery. The BoJ will likely remain cautious of any major policy changes as long as the central bank maintains that “there are extremely high uncertainties for Japan's economic activity” and to not repeat past mistakes of premature policy tightening, especially as the government is maintaining a strong commitment to the Abenomics policy framework to pull Japan completely out of deflation. On the other hand, the risk scenario is if the global economy remains resilient and markets stop pricing policy rate cuts by key central banks next year, the BoJ could start the normalisation process in CY24 under the judgement that the global economy will remain strong.   In an interview with the Yomiuri, BoJ Governor Kazuo Ueda indicated that the central bank could have enough information and data by year-end to judge whether wages will continue to rise at a pace that is necessary to achieve the 2% price stability target. Markets reacted to the interview as a hint that the central bank could start the normalisation process much earlier than previously anticipated.   However, Governor Ueda has made similar remarks before, and the latest comment is likely not a change in the central bank’s or the governor’s views. Back in April, Governor Ueda indicated during his press conference that next year’s annual wage bargaining will likely become a key factor in deciding the future of monetary policy, but the BoJ could make a decision on whether the 2% inflation target accompanied by wage growth is achievable at an earlier point depending on the data that becomes available beforehand.   The governor’s latest remark is a repeat of his previous comments saying the central bank is of the view that it is ready to normalise its policies once conditions are satisfactory for such moves. The remark was likely made to combat speculative moves in the FX market, which could act as a hindrance to monetary policy. In other words, the governor’s statement is likely similar to those typically made by the Minister of Finance and other MoF officials where they issue warnings on volatility in the FX market verbally but do not implement any actual intervention moves.
August CPI Forecast: Modest Inflation Increase Expected Amidst Varied Price Trends

August CPI Forecast: Modest Inflation Increase Expected Amidst Varied Price Trends

FXMAG Team FXMAG Team 14.09.2023 08:50
A 0.45%MoM increase in shelter prices, similar to in July Primary rents and owners’ equivalent rent should continue to slow modestly in August, with a 0.44% increase in primary rents and 0.46% OER in our forecast. Current shelter prices in CPI will reflect the easing in rents and house prices that already occurred in 2022/early-2023 and we expect prices to slow to around ~0.3%MoM by the end of the year. But we would caution that the quick and substantial rebound in home prices over the last few months could limit how much shelter prices will slow and could even suggest upside risks in the second half of 2024. This would be particularly true for owners’ equivalent rent, which could remain stronger than primary rents as in July data. Higher home prices should imply upward pressure on rents for single family homes, which will reflect the majority of the OER sample.   - We have penciled in a modest 0 4% increase in lodging away from home in August although with possible downside risks. There appears to be some modest residual seasonality leading to weaker hotel prices in the summer months, but we would still see strong travel demand, especially into the holiday season of greater domestic travel, as putting upward pressure on hotel prices.   A stronger 0.39% increase in core non-shelter services prices The key difference between our August CPI forecast and the 0.16%MoM core prints of June and July is an expectation for a bounce-back in airfares. Admittedly, we have been expecting a rebound in airfares for a number of months that has yet to materialize, with 8% monthly declines in June and July. We suspect this has been due to a combination of a number of factors including 1) falling energy prices, 2) a shift in usual seasonal patterns for travel and booking of travel, 3) a selection of flights in the CPI sample that could be somewhat stale to reflect current travel patterns. In August, both factors 1 and 2 would suggest stronger airfares, with energy prices rising again and a large positive seasonal factor. Given already substantial declines in July, an expectation that prices will not fall as much in August leads us to pencil in a 4% seasonally adjusted increase. Other transportation services prices apart from airfares could also be somewhat stronger in August, including an increase in car rental prices after months of declines and a increase in intracity transportation, with further upside in September, reflecting New York City area fare increases. Headline CPI should rise a substantial 0.6%MoM and 3.7%YoY, largely reflecting the increase in retail gas prices.    
Citi's Outlook: Expected 0.3% MoM Increase in August Core CPI, Signaling Inflationary Pressures

Citi's Outlook: Expected 0.3% MoM Increase in August Core CPI, Signaling Inflationary Pressures

FXMAG Team FXMAG Team 14.09.2023 08:49
CITI'S TAKE We expect a 0.3%MoM increase in core CPI in August. At 0.25% unrounded there is risk of another print that rounds to 0.2%, but a still clearly stronger print than 0.16%MoM increases in June and July and with an expected pick-up in core non-shelter services prices. This would be due to a rebound in airfares, with both seasonal factors and rising energy prices suggesting August could be the month when airfares rise again after recent surprising declines. Rising retail gas prices, especially relative to seasonal trends, will also be a substantial boost to an expected 0.6%MoM increase in headline CPI. Goods prices could remain soft and shelter prices should continue to slow modestly, but stronger core non-shelter services prices would be an important reminder that underlying inflationary pressures remain and should increase the chances of another rate hike from the Fed, which we expect to come in November.   While factors like slowing shelter prices imply that a reacceleration to ~0.5% monthly core CPI increases is unlikely, we expect data starting in August to highlight that the last two months of softer core CPI increases will not last. We expect a 0.3%MoM increase in core CPI in August, although at 0.25%MoM unrounded, this would be close to rising another 0.2% (albeit stronger than the last two months of 0.16% increases).   The key difference in August data compared to June and July should be a rebound in the airfares component after unusually large declines. This would mean that core non-shelter services in CPI rise close to 0.4%, the strongest increase since February.   While core non-shelter services prices in CPI do not always correspond with those in PCE inflation that the Fed targets, this would be an important signal that underlying inflationary pressures remain elevated. Chances of another rate hike from the Fed should rise with an upside 0.3% surprise compared to consensus expectations, as we continue to expect another 25bp rate hike in November.   Our 0.252%MoM core CPI forecast is based on: A 0.22% decline in core goods prices, a smaller drop than last month.   - The decline in goods prices should be largely due to further declines in used car prices, with a 1.5%MoM drop penciled into our August forecast. We also expect another modest 0.1% decline in new car prices, although residual seasonality effects that have been present in previous years during the summer months could be coming to an end soon. Falling used car prices in August are in line with previous declines in wholesale used car values, which will lead retail prices by a few months, although wholesale prices stabilized in August. Used car prices also typically drop substantially in September with annual discounts, implying a large positive seasonal factor next month. So far, some daily retail price data show prices moving sideways in September. While this might not fully reflect discounting captured in CPI, it could suggest some upside risks for our current September forecasts that again pencil in another substantial decline in used car prices in September. - An important factor leading to our borderline 0.3%MoM core CPI forecast is an expectation for a bounce-back in apparel prices. Apparel prices had risen consistently for much of the last year before falling very modestly in July. We have penciled in a 0.2% increase in August. Similar patterns were seen in apparel prices in July/August in 2022 and 2021 suggesting some residual seasonality issue. - Other goods prices are still likely to be soft overall in August, although we have been noting that many of the disinflationary forces impacting goods prices over the last year, such as falling commodity prices and supply chain corrections, could be coming to an end. As goods demand remains strong and has started to pick up again, this could also imply support for consumer goods prices. Possible upside risks for goods prices could materialize more into the Q4 shopping season.    
Rising Tensions in Japan Amid Currency Market Concerns and BOJ Insights

Rising Tensions in Japan Amid Currency Market Concerns and BOJ Insights

FXMAG Team FXMAG Team 14.09.2023 08:47
Meanwhile, tensions have been rising again in Japan following Vice Finance Minister for International Affairs Masato Kanda's verbal intervention. Kanda said "looking at underlying moves, speculative action or activity that cannot be explained by fundamentals can be observed" and "we won't rule out any options if speculative moves persist."   Japanese authorities take more stringent tone Furthermore, at a press conference after the Cabinet meeting on 8 September, Finance Minister Shunichi Suzuki said "the government is closely monitoring developments in the currency market with a heightened sense of urgency." The authorities in Japan are taking an increasingly stringent tone in their communication. With the dollar strengthening across the board and diplomatic events such as this weekend's G20 meeting underway, we think this suggests moves to improve the environment are making progress. In any case, we expect the remarks to discourage further yen selling to some extent. Meanwhile, BOJ board members Hajime Takata and Junko Nakagawa spoke this week. This means that five of the nine policy board members, starting with Deputy Governor Shinichi Uchida, have spoken following the monetary policy meeting in July. Overall, they all saw an upside risk to inflation, and a consensus seems to have formed that monetary policy should start to be normalized once a solid rise in wages has been confirmed. However, opinions differed on the conditions for lifting negative interest rates, and this does not seem to be specifically on the agenda, even though the prospect is on the horizon. Such statements did not prompt the foreign exchange market to expect the disparity between domestic and overseas monetary policy to narrow, and the yen has continued to sell. In addition, crude oil prices have been rising recently. We expect Japan's trade balance to worsen as the value of imports rises if prices remain at this level or rise further. We also see the risk of yen selling picking up steam in anticipation of such real demand.
Senior Fed Officials Signal Rate Hike Pause as Key Economic Indicators Awaited

Senior Fed Officials Signal Rate Hike Pause as Key Economic Indicators Awaited

FXMAG Team FXMAG Team 14.09.2023 08:46
This week saw a flurry of remarks from senior Fed officials, including Fed Governor Christopher Waller on 5 September and NY Fed President John Williams on the 7th. Waller said recent economic news will allow the Fed to "proceed carefully" and that "there's nothing that is saying we need to do anything imminent anytime soon," suggesting the FOMC may skip a rate hike in September. Senior Fed officials signal rate hike pause in September However, he was less definitive about the need for further hikes, saying "we have to wait and see" if current trends such as slowing inflation continue. Governor Williams also hinted at a pause, saying that monetary policy was having the expected effects, but that it was "an open question" as to whether further rate hikes were needed. We see these remarks essentially as advance notice ahead of the blackout period before the FOMC which starts from this weekend. This has worked to pause the rise in UST yields and dollar strength ahead of the weekend. However, the CPI for August, retail sales, and other economic indicators will be announced next week, and these will be key for the Fed's monetary policy decisions due to its data dependent stance. We do not expect such data to change the trend of the foreign exchange market unless the results differ significantly from market forecasts given the FOMC meeting is scheduled for the following week, and the focus of the FOMC has shifted to whether the Fed will raise rates and the forecast of the rate cuts in 2024 which is expected to be shown in the dot plot. Naturally, now that expectations of prolonged monetary tightening are emerging due to the improvement in the US economy and the recent rise in oil prices, if economic indicators exceed expectations, the dollar is likely to strengthen and this would overshadow risk to the downside.
USD/JPY Weekly Review: Strong Dollar and Yen's Resilience in G10 Currencies

USD/JPY Weekly Review: Strong Dollar and Yen's Resilience in G10 Currencies

FXMAG Team FXMAG Team 14.09.2023 08:44
The USD/JPY opened the week at 146.08. The market moved slowly during Tokyo trading hours on 4 September (which was a holiday in the US), and the USD/JPY remained in the lower 146 range. It rose to around 146.50 after trading in European hours kicked off but did not move significantly. However, the dollar strengthened across the board when UST trading resumed on 5 September, because USTs were sold (meaning yields rose) in response to US employment data released on Friday (1 September).   The USD/JPY also rose intermittently in Tokyo trading hours, rising above 147 around the time the Europeans entered the market. Oil prices rose further after Saudi Arabia decided to extend its oil output cuts, which also helped to strengthen the dollar. The USD/JPY continued its climb, breaking past the 29 August high and moving above 147.50. Vice Finance Minister for International Affairs Masato Kanda's warnings of government intervention early morning on 6 September worked to curb the rise in the USD/JPY. The pair did not lose significant ground but remained directionless around the 147-level due to renewed concerns that the Japanese authorities were ready to stop the yen from falling further. However, UST yields rose after the ISM non-manufacturing index announced on the same day beat market expectations, and the USD/JPY rose to a high for the week of 147.87 on the morning of 7 September in Tokyo trading hours, although it fell back before reaching JPY148. The USD/JPY fell to as low as around 147 for a time as the rise in UST yields was curbed, then briefly fell to the upper 146-level on the morning of 8 September.   It was trading below 147.50 at the time of writing this report (Figure 1). This week, the dollar strengthened almost across the board, especially on 5 September after the US holiday. The yen was relatively strong among G10 currencies this week, despite the USD/JPY rising to the highest point since November 2022. The yen has actually strengthened against currencies such as the Australian dollar, partly due to the AUD's strong connection with the Chinese yuan, which weakened (Figure 2).  
Japan's Economic Outlook: BoJ Policy and Scenarios

Japan's Economic Outlook: BoJ Policy and Scenarios

FXMAG Team FXMAG Team 14.09.2023 08:38
At the G20 New Delhi Summit, the leaders of key economies agreed that “headwinds to global economic growth and stability persist” and shared concerns of a potential global economic slowdown. The BoJ seems to be maintaining the view that “there are extremely high uncertainties for Japan's economic activity and prices, including developments in overseas economic activity and prices, developments in commodity prices, and domestic firms' wage- and price-setting behavior”. In order to pull Japan completely out of deflation, the BoJ seems ready to be one policy cycle behind key central banks in starting the normalisation process. We expect the government to maintain its commitment to the current accommodative fiscal/monetary policy framework even after the PM Fumio Kishida reshuffles the cabinet and LDP leadership. The government will likely maintain its accommodative fiscal policy stance under the banner of “new capitalism” to further stimulate investments and in turn economic growth. With the government maintaining a strong commitment to the Abenomics policy framework, the BoJ will likely remain cautious of any major policy changes in order to not repeat past mistakes of premature policy tightening. On the other hand, the risk scenario is if the global economy remains resilient and markets stop pricing policy rate cuts by key central banks next year, the BoJ could start the normalisation process in 2024 under the assumption that the global economy will continue to remain strong.   At the G20 New Delhi Summit, the leaders of key economies agreed that “headwinds to global economic growth and stability persist” and shared concerns of a potential global economic slowdown. The BoJ seems to be maintaining the view that “there are extremely high uncertainties for Japan's economic activity and prices, including developments in overseas economic activity and prices, developments in commodity prices, and domestic firms' wage- and price-setting behavior”. In order to pull Japan completely out of deflation, the BoJ seems ready to be one policy cycle behind key central banks in starting the normalisation process. As long as markets are pricing in a Fed rate cut sometime next year, the BoJ will likely continue with the current monetary easing policies. We continue to expect the BoJ will likely start the normalisation process by exiting from the YCC framework in 2025, once the global economy enters the next cyclical recovery. Meanwhile, we expect the government to maintain its commitment to the current accommodative fiscal/monetary policy framework even after the PM Fumio Kishida reshuffles the cabinet and LDP leadership. The government will likely maintain its accommodative fiscal policy stance under the banner of “new capitalism” to further stimulate investments and in turn economic growth. With many key ministers having experienced posts within METI, the government’s fiscal policy stance will likely focus on stimulating the economy rather than balancing the budget. With the government maintaining a strong commitment to the Abenomics policy framework, the BoJ will likely remain cautious of any major policy changes in order to not repeat past mistakes of premature policy tightening. On the other hand, the risk scenario is if the global economy remains resilient and markets stop pricing policy rate cuts by key central banks next year, the BoJ could start the normalisation process in 2024 under the assumption that the global economy will continue to remain strong.   The main scenario is that the central bank policy tightening cycle is approaching its end and the global economy will show stronger signs of slowing down as the cumulative effects of policy rate hikes so far suppress demand and dampen inflationary pressures. An economic slowdown and expectations for interest rate cuts by key central banks including the Fed will likely strengthen downward pressure on global bond yields and give the BoJ room to reduce its JGB purchases while maintaining the current YCC framework.   Based on the latest US financial accounts, the household savings rate (net asset change as percentage of GDP) seems to have bottomed out at around 2.2% of GDP in Q422, and has increased since then to 4.4% as of Q223. The household savings rate rising again combined with economic data showing signs of weakness and weaker inflationary pressures is likely the basis in which many market participants continue to see a soft-landing scenario as their main scenario.   The upside risk scenario is that the global economy remains resilient and inflationary pressures remain. Under such a scenario, central banks will be forced to continue tightening monetary policy and market expectations of a policy rate cut in 2024 would disappear. In such a scenario, upward pressure on JGB yields would strengthen and the JPY would weaken further. The BoJ will likely be forced to adjust or abandon YCC in such a scenario. However, to finance the continued increase of consumption activities, households will be forced to sell assets which will likely lead to a peak in asset prices. Combined with higher policy rates, the economy could face strong headwinds in such a scenario and an upside risk scenario could be followed by a hard landing scenario   The downside risk scenario is that the effect of cumulative rate hikes by central banks so far appears much stronger than anticipated. Under such a scenario, businesses will likely strengthen their cautious attitudes and lead to a much stronger-than-expected deleveraging move. Central banks will likely be forced to respond by cutting policy rates at a much faster pace than anticipated. In such a world, the JPY would likely appreciate significantly and the risk that Japan falls back into deflation will likely strengthen. The BoJ will likely be forced to respond by implementing additional easing measures, such as further cuts to its negative interest rate policy, while implementing measures to alleviate the side effects of further easing policies simultaneously. Under such a scenario, the global economy could fall back into a deflationary state but we believe the likelihood of such a scenario materialising at this juncture remains small        
US August CPI: Impact on USD/JPY and Trading Strategies

US August CPI: Impact on USD/JPY and Trading Strategies

FXMAG Team FXMAG Team 14.09.2023 08:35
Tomorrow’s US August CPI is the pick of the week’s data releases and, after two years of heightened volatility in this data, we can say with some confidence that an upside surprisewould be USD-positive and vice versa. But how much is a surprise “worth” andis thereaction instantaneous? As the cleanest play on US rates prospects, we focus ontheUSD/JPY reaction here.     The two charts above show the difference between the core CPI outcome andtheBloomberg consensus forecast (horizontal axis) and the change in USD/JPY (vertical axis) after five minutes and after one hour. Data are from January 2021 up to last month’s July2023 data. As expected, almost all of the data points for non-zero surprises are inthebottom left and top right quadrants. Several observations are worth making Firstly, the beta reported on the first chart implies that on average a 0.1%pt surprise, either upside or downside, is associated with a 25pt move in USD/JPY after five minutes. We would stress that there is a wide range of outcomes around the average, but this gives an idea of what a “normal” market response would be to a given surprise in the data.   If we exclude the two upside outliers (0.5pt and 0.6%pt surprises), the initial reactionrises to 40pts for a 0.1%pt surprise, which may be a fairer estimate as both of theseobservations were very early in the current inflation cycle and were clearly treatedwithsome scepticism by markets. Secondly, because the beta in the second chart (the move after one hour) is larger thanthe beta in the first chart, the initial USD/JPY move tends to extend an hour later, rather than reverse. Again this is on average and will not always hold. But with that caveat inmind, the rightstrategy is generally to trade with the initial market reaction, rather thanto fade it.
Global Trade Faces Headwinds: UniCredit's Leading Indicator Signals Concerns

Global Trade Faces Headwinds: UniCredit's Leading Indicator Signals Concerns

FXMAG Team FXMAG Team 14.09.2023 08:34
Our proprietary indicator has declined further in July/August and even signals global trade to shrink somewhat. Although uncertainty is still high, our business cycle clock suggests no further deterioration. In July/August, the Global Leading Indicator by UniCredit was at a level of -0.4 standard deviations, its lowest level since November 2022, compared to zero in June.   Taken at face value, the latest figure signals global trade to shrink slightly by about 0.5-1.0% (on an annualized 3M/3M basis) compared to its average cruising speed of +4-5%. Note that our indicator led global trade by about two months on average in the past, i.e. global trade is set to decline somewhat in October. However, global trade data, which are available for June so far, already showed a deterioration after quite strong rises in the previous two months. How much worse will this downturn in global trade become? Our business cycle clock, which tracks the changes of the ten subcomponents included in our leading indicator, may give an indication, at least for the short-term. According to economic theory and ideally, the subcomponents rotate clockwise over time from downturn to recovery, expansion, slowdown and back to downturn again. What catches the eye in August is that there has not been any deterioration (see charts 3 and 4 on next page). The majority of sub-indicators has not moved further into downturn territory in the business cycle clock but has even improved a tad towards “no-man’s-land” where it is difficult to distinguish between the different business cycle regimes. Negative exemptions are the Ifo business expectations component and business confidence in the eurozone construction sector which have both continued to signal a downturn. The pattern in August could be the first signs of some leading indicators being in the process of bottoming out. Needless to say, uncertainty is still high at this stage. Sometimes, indicators also jump back and forth, especially on a volatile monthly basis. We will continue to monitor the patterns closely and keep you updated.        
Trader Who Predicted Bitcoin Crash Sends Warning About Investing

Trader Who Predicted Bitcoin Crash Sends Warning About Investing

FXMAG Team FXMAG Team 02.08.2023 09:08
If you're an ardent follower of cryptocurrency trends, you'll probably have heard of Peter Brandt. Brandt, a famed commodity trader, etched his name in the annals of crypto history when he predicted the Bitcoin crash of 2018. His uncanny foresight was validated when Bitcoin's value plummeted from a high of nearly $20,000 to below $4,000 that year. Now - Brandt has sent out a new warning about investing in Bitcoin, sparking a ripple of concern among investors.   Who is Peter Brandt?   Peter Brandt is more than a celebrated commodities trader; he's an esteemed personality in the world of finance with a successful trading career spanning over forty years. He made his mark in the late 1970s by demonstrating an exceptional knack for anticipating market trends and movements. Brandt expanded his professional reach by becoming an author, imparting his deep understanding to a broader audience. His seminal work, "Diary of a Professional Commodity Trader," brought to light by Wiley in 2011, is considered a must-have resource for those interested in delving into the complexities of commodity trading. The book serves as a journey through Brandt's personal trading history, providing a candid peek into the high-risk world of trading. Beyond trading and authorship, Brandt is the founding head of Factor LLC, his proprietary trading company, where he disseminates his market assessments and potential trading strategies. His followers highly regard his technical analysis charts, which have garnered a significant audience on social platforms, solidifying his status as a reliable voice in the industry.   The 2018 Prediction and Its Realisation   When Brandt predicted Bitcoin's 2018 crash, he cited key market patterns and trends that seemed to suggest an impending downturn. One pattern was a 'parabolic advance' - a steep, curved upward trend that Bitcoin exhibited leading up to the 2018 crash. Parabolic advances have historically been associated with unsustainable market bubbles, so spotting this pattern was a key reason behind Brandt's forecast.   Brandt also noted the euphoric sentiment surrounding Bitcoin, which was reminiscent of other historic market bubbles. The rampant speculation, combined with the lack of a tangible underlying asset, were strong indicators of an unsustainable price level.   His prediction was shockingly accurate. Bitcoin's value dropped by more than 80% in a year, falling from nearly $20,000 in December 2017 to below $4,000 by December 2018. This crash validated Brandt's forecast, proving his proficiency in understanding and predicting market trends.   The Aftermath and Recovery   Despite the severe crash, Bitcoin showed its resilience and rebounded in the subsequent years. In 2019, Bitcoin embarked on a recovery path, closing the year at around $7,200, a significant increase from its low point the previous year.   The year 2020 brought further growth, with Bitcoin's value more than tripling. The global pandemic played a role in this surge, as economic uncertainties and inflationary fears drove many investors towards Bitcoin as a 'digital gold' and hedge against traditional market instabilities.   In 2021, Bitcoin reached unprecedented heights, crossing the $60,000 mark, propelled by institutional acceptance, technological advancements, and an increasingly digital global economy. The Bitcoin boom highlighted its inherent volatility but also demonstrated its potential for high returns.   This recovery provides a valuable lesson to investors: while cryptocurrencies can experience significant drops, they also have the potential to rebound strongly, reflecting their volatile yet potentially rewarding nature.   Brandt's Current Warning and Why He's Concerned   Brandt's recent warning concerning Bitcoin signals his belief that history may repeat itself. He has noted the possibility of another 'parabolic advance' similar to the one seen before the 2018 crash. As we know, parabolic advances often precede significant market corrections. However, this time around, things are different. Bitcoin and the overall crypto market have matured significantly, with institutional acceptance, regulatory developments, and technical advancements.   Bitcoin has shown resilience despite previous market crashes and regulatory challenges, suggesting a robust underlying strength. It continues to evolve, adapting to changing market conditions and regulations and constantly improving its technology and network.   Nonetheless, Brandt's prediction serves as a reminder of Bitcoin's inherent volatility, whereas the price of Solana and other coins seems more stable. It should be seen as a word of caution for investors, reminding them to do their due diligence and consider risk management strategies when investing. The potential for high returns in Bitcoin comes with equally high risks.   Furthermore, a potential downturn in Bitcoin doesn't necessarily equate to a lack of faith in the technology behind it. Blockchain, the underlying technology of Bitcoin, has far-reaching potential beyond just cryptocurrency. It's set to revolutionize various industries, from finance and supply chain to healthcare and education, indicating a promising and enduring future regardless of Bitcoin's price volatility.   The Future of Bitcoin: A Word of Caution   While the cautionary advice of Peter Brandt carries weight, it isn't an indisputable indicator of an impending market crash. Like all financial spheres, Bitcoin's future is marked by unpredictability and uncertainties. Nevertheless, his alert serves as a pertinent reminder of the inherent risks associated with investing in cryptocurrencies.   Brandt's perspectives underscore the importance of investor education and exercising caution when dealing with Bitcoin and other cryptocurrencies. Given the potential for abrupt price swings in the market, investors are urged to conduct comprehensive research and assess their risk appetite before venturing into cryptocurrency investment.   Peter Brandt's story and his knack for accurate forecasts offer an essential lesson in prudence and rigorous examination in the unpredictable realm of crypto investing. While the potential for massive gains can be compelling, it's paramount to keep in mind the intrinsic risks tied to a market known for its swift fluctuations. As we navigate the future, Brandt's admonitions serve as a potent reminder to prospective investors: tread carefully, invest wisely, and always brace for unforeseen circumstances.
Asia Morning Bites: Singapore Inflation and Global Market Insights - 25 September 2023

From Avalanche and Compound to VC Spectra: A Strategic Investment Shift

FXMAG Team FXMAG Team 02.08.2023 08:33
From Avalanche and Compound to VC Spectra: A Strategic Investment Shift While Avalanche (AVAX) shows signs of the end of the bull run, Compound (COMP) remains stagnant after rallying in the first week of July. All these factors attract investors to VC Spectra (SPCT), which is gaining traction as a brand-new decentralized hedge fund.  Let’s learn more about how VC Spectra (SPCT) leads the way in the upcoming crypto market.   >>BUY SPCT TOKENS NOW<<   Avalanche (AVAX) Foundation Commits $50 Million to Buy Tokenized Assets On July 25, 2023, Avalanche (AVAX) Foundation announced that AVAX blockchain will purchase $50 million of tokenized assets minted on the network. This program is called Avalanche (AVAX) Vista. The AVAX foundation’s vow to purchase tokenized assets is a noteworthy example of the growing recognition of the benefits of tokenization across different asset types. Tokenization has become a dominant force in the crypto market this year, capturing the attention of investors and enthusiasts alike. The initiative is expected to encourage more financial institutions to explore and adopt blockchain-based services, thus fostering the value of Avalanche (AVAX). Meanwhile, Avalanche (AVAX) is trading at $13.30, a 0.37% increase in the last 24 hours. However, Avalanche (AVA) trading volume plummeted to $58 million. Analysts believe that Avalanche's (AVAX) bullish run is over, heading to bearish momentum. Some reports even speculate that Avalanche (AVAX) will fall severely to $10 in the next few months.     Compound (COMP) Price Rally Brought Investors to Joy Compound (COMP) price movement over the last month has lured its investors. Interestingly, there was a robust climb in the Compound (COMP) price, coinciding with its founder Robert Leshner stepping down as CEO.  Leshner launches Superstate Trust, a new short-term government bond fund startup, securing $4 million in funding from DeFi investors. Compound (COMP) has experienced incredible growth of 96% in the past 30 days. After making a significant rise in early July, Compound (COMP) has struggled since last week.  Meanwhile, Compound (COMP) stands at $72.65, a 0.16% decrease from yesterday. Besides that, Compound (COMP) trading volume decreased by 37.67%. Analysis indicates Compound (COMP) potential signs of downhill momentum. Nevertheless, technical analysts are optimistic about a potential bullish trend reversal for Compound (COMP).     VC Spectra (SPCT): The Future of Altcoins As a decentralized hedge fund, VC Spectra (SPCT) aims to democratize blockchain technology access, offering investors profitable returns. It enables peer-to-peer trading and asset management without the involvement of intermediaries or third-party custodians. VC Spectra (SPCT)  aims to tackle issues in the blockchain and technology industry by providing investors with a decentralized trading platform and asset management protocol. The platform operates on a trustless, transparent blockchain infrastructure secured by cryptography and smart contracts. Beyond token ownership, VC Spectra (SPCT) offers unique features like buyback options and quarterly dividends based on token holdings. In Stage 2 of its public presale, SPCT tokens are priced at $0.011, with over 36.8 million tokens already sold and a 37.5% return from Stage 1. VC Spectra (SPCT) stands out in today's crypto landscape with its exceptional real-life utility and substantial growth potential. Investing now in VC Spectra (SPCT) promises a potential 627.27% gain after the presale, with the added benefit of a limited-time 25% bonus on all deposits.   Learn more about the VC Spectra presale: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io  Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund  
Rising Star: Investing in Turkey

Rising Star: Investing in Turkey

FXMAG Team FXMAG Team 24.07.2023 07:58
Globally, the real estate market is undergoing a profound transformation. Investors are flocking to a country that straddles two continents, drawing interest from both Europe and Asia. That country is Turkey, which has quickly become a global powerhouse in the construction sector. Turkey provides a richness that very few other countries can equal, from the historic grandeur of Istanbul to the magnificent Mediterranean beauty of Antalya.   Globally, the real estate market is undergoing a profound transformation. Investors are flocking to a country that straddles two continents, drawing interest from both Europe and Asia. That country is Turkey, which has quickly become a global powerhouse in the construction sector. Turkey provides a richness that very few other countries can equal, from the historic grandeur of Istanbul to the magnificent Mediterranean beauty of Antalya. Turkey's development benefits greatly from the dynamic interplay between its ancient and modern aspects. There are both old and new high-end homes in the area. Property for sale in Turkey reveals the country's unique blend of ancient and contemporary cultures. Luxurious beachfront mansions sit alongside hip urban apartments, demonstrating the breadth of the country's real estate market and its ability to meet the needs of investors. Property Turkey also provides enticing financial advantages. The Turkish government has made a number of moves to lure international investors. Attractive tax breaks and a path to citizenship are offered to entice foreign investors to put money into the country. Turkey's welcoming investment climate sets it apart from many other countries, making it more appealing to investors. Åžerif Nadi Varlı's Vartur Real Estate has been instrumental in promoting Turkey's real estate opportunities abroad. The company provides a full suite of services to help foreign investors navigate the complex Turkish real estate market. Comparatively, property prices in Turkey are much more affordable than they are in Western Europe or North America. Combined with the prospect of high rental returns and a rise in value, investing in Turkey is a tempting option. For example, the country's main metropolis, Istanbul (a desirable place to own property because of its flourishing economy, diverse culture, and long history), is a prime location for investors. Meanwhile, seaside areas like Antalya and Bodrum are trendy, particularly for second homes and retirement communities, thanks to their laid-back lifestyle and stunning natural beauty. Property for sale in Turkey is an enticing prospect, but savvy investors would not be foolish to overlook the country's warm Mediterranean climate, friendly locals, and fascinating history and culture. As a result of its rare combination of cultural wealth, state-of-the-art infrastructure, business-friendly environment, and abundance of available properties, Turkey is quickly becoming a global real estate powerhouse. The Turkish market is appealing to both seasoned investors and those thinking about investing in real estate for the first time. By working with experts like those at Vartur Real Estate, you can make smart investments in Turkish real estate that could bring about significant financial gains and an entirely new and exciting way of life. For many reasons, Turkey's real estate market is a shining example of success. The country's remarkable development in infrastructure stands out as one of its most distinctive features. The Turkish government has repeatedly shown its dedication to encouraging progress in vital areas like transportation, healthcare, and social infrastructure. By strategically investing in these areas, Turkey has strengthened its appeal and become an increasingly enticing destination for domestic and international investors. Improvements to the quality of life and property values brought forth by these projects are mutually beneficial. Turkey's strategic location is an additional positive factor. Because of its attractive location and special flavor that combines Eastern mysticism and Western modernity, property in Turkey is experiencing a surge in popularity. From an economic standpoint, Turkey is an exciting emerging market with robust domestic demand and a rapidly expanding middle class. Home prices have followed the general inflation trend by rising steadily over the past decade, reflecting the real estate market's response to the improving economy. Vartur Real Estate, led by the visionary Varlı family, has consistently shown the way in highlighting these exceptional benefits to investors worldwide. The skilled personnel at Vartur can help investors with everything from finding the right property to managing the necessary legal processes. Turkey is truly a rising star in the global real estate market, thanks to its exceptional blend of cultural opulence, cutting-edge infrastructure, and alluring property choices. Discover the enticing world of property investment with Vartur Real Estate, your trusted partner in navigating the thriving Turkish real estate market. Whether you're just starting out or a seasoned investor, our expert guide will ease the way for your successful venture into this lucrative industry. Take the leap and explore the endless possibilities that await you in the Turkish real estate market. With its many benefits, purchasing property in Turkey isn't the only thing you're getting; you're also getting a piece of a dynamic, developing globe that's brimming with opportunity. //
EUR Update: Soft PMIs on the Horizon

Cardano (ADA) and Solana (SOL) Flatline as GoldenCaskClub (GCC) Announces Exciting Crypto Presale

FXMAG Team FXMAG Team 16.07.2023 15:04
Amidst the burgeoning NFT marketplace, cryptocurrencies like Cardano (ADA) and Solana (SOL) seem to stagnate, leading to a cynical outlook on their potential growth. On the flip side of the coin, GoldenCaskClub (GCC) – now in its first presale phase - is utilizing the NFT concept to trade tangible luxury consumables.   Cardano (ADA): Languishing Despite Promises? Despite its scientific approach to blockchain development, Cardano (ADA) seems frozen in time. Even as NFTs flourish, Cardano (ADA) appears to be marking time. With over 10,000 NFT projects on Cardano’s (ADA) blockchain, Cardano (ADA) itself is stagnating, a telling indictment on Cardano’s (ADA) capacity to capitalize on new technology. While academically admirable, Cardano’s (ADA) emphasis on peer-reviewed research does not necessarily translate into real-world market progress. This academic orientation might impede the project’s ability to adapt to the fast-paced crypto and NFT markets.   >>BUY GOLDENCASKCLUB TOKEN NOW<<     Solana (SOL): An Oasis or Mirage in the NFT Desert? Solana (SOL), renowned for its high speed and low fees, has not been immune to the general crypto market stagnation, despite Solana (SOL) playing host to umpteen thousand NFT projects. Firstly, Solana’s (SOL) network stability raises concerns about its reliability. This apprehension could affect Solana’s (SOL) standing among investors, especially compared to Ethereum’s dominance in the NFT market. Moreover, despite its technical potential, Solana (SOL) faces stiff competition. Ethereum and other high-performance blockchains are vying for the same space, adding pressure on Solana (SOL). While NFTs are plentiful, cryptocurrencies like Cardano (ADA) and Solana (SOL) seem caught in a bout of stagnation. This juxtaposition paints a cynical picture of their current standing in the crypto market.   >>BUY GOLDENCASKCLUB TOKEN NOW<<   GoldenCaskClub (GCC): Redefining Investment with Unmatched Appeal In a sea of cryptocurrencies vying for attention, GoldenCaskClub (GCC) emerges as a true gem, offering a unique selling proposition that leaves other digital assets in its effervescent wake. With an irresistible combination of sophistication, innovation, and profitability, GoldenCaskClub (GCC) captures the hearts and portfolios of astute investors who crave an investment opportunity like no other. In a world where luxury beverages and blockchain converge, GoldenCaskClub (GCC) allows investors to savor the taste of success. GoldenCaskClub (GCC) brings this compelling vision to life through its integration of Non-Fungible Tokens (NFTs) as the key to unlocking a realm of rare whiskeys, vintage wines, and exquisite champagnes. The allure of tangible, liquid assets, paired with the power of blockchain, creates an investment experience that is as captivating as it is lucrative. What truly sets GoldenCaskClub (GCC) apart from its crypto counterparts is its ingenious fractionalized NFT model. While others may boast about exclusive assets, GoldenCaskClub (GCC) dangles the proverbial carrot, inviting you to sample the finest beverages without draining your bank account. Imagine owning a fraction of that coveted rare whiskey cask or indulging in a slice of that sought-after vintage wine, all while witnessing your investment thrive.     >>BUY GOLDENCASKCLUB TOKEN NOW<< Conclusion So why settle for mediocrity when one can indulge in the extraordinary? GoldenCaskClub (GCC) beckons investors to join its ranks, where the fusion of luxury beverages and blockchain innovation is nothing short of intoxicating. By embracing the unique selling proposition of GoldenCaskClub (GCC), the savvy investor can cruise past the stagnating markets into something truly effortless. It’s a journey of discovery where you can raise your glass to the fruits of astute investment choices. After all, life is too short to sip on ordinary investments. GoldenCaskClub (GCC) is now offering GCC tokens at a price of 0,015 $ during the first phase of its presale.     You can find out more about investing in GoldenCaskClub at the following links: Presale: https://Invest.GoldenCaskClub.ioWebsite: https://goldencaskclub.io/Telegram: https://t.me/GoldenCaskClubTwitter: https://twitter.com/GoldenCaskClub
iFX EXPO: A Tour Around the World

iFX EXPO: A Tour Around the World

FXMAG Team FXMAG Team 05.07.2023 11:42
From the Middle East and Africa to Asia and beyond, iFX EXPO is attended by thousands of fintech and financial industry thought leaders and professionals every year   Brought to the finance and fintech arena by Ultimate Fintech, iFX EXPO is the largest B2B exhibition worldwide. Faithfully convened every year in key financial hubs around the world, from Dubai in the Middle East to Bangkok in exotic Asia and Limassol on the warm Eastern Mediterranean shores of Europe, the expo brings together thousands of elite attendees and hundreds of speakers from fintech, online trading, blockchain and regtech.    Every edition reveals something original and striking about the constantly shifting financial landscape. And every year, iFX EXPO grows, piquing the interest of big financial industry players. Here’s a recap of 2023 so far, how iFX EXPO shaped the fintech debate, what to expect later this year from the upcoming International edition and in 2024.   A year around the world: First stop - Dubai Opening the expo season, iFX EXPO Dubai 2023 was a huge success. Between 16 and 18 January, 3,500 industry insiders, thought leaders and C-level executives gathered under the roof of the Dubai World Trade Centre to take part in the grandest fintech exhibition in the Middle East.    100+ speakers approached some of the hottest topics that continue to stir the minds of financial professionals, technology developers and regulators in the MENA region and beyond, such as ‘Next Tech Industry Trends: Growth Drivers in 2023,’ ‘Survival Kit: The Payments Landscape in MENA,’ The Financial Melting Pot of MENA: Dos & Don’ts,’ and more.       With an impressive lineup of sponsors and exhibitors including some of the most prominent industry leaders, including Exness, ZuluTrade, Multibank Group, CMC Markets, B2Broker, and many more, iFX EXPO Dubai offered the perfect stage for businesses and financial professionals to exchange ideas, showcase their products and services and lay the groundwork for future partnerships.   Helping lift the spirits and stir the flow of ideas, the Welcome and Night Party added a note of leisure and excitement to the event, allowing the attendees to interact in an informal setting.     From Dubai to Bangkok: bigger & bolder Succeeding the Dubai edition, iFX EXPO Asia 2023 welcomed fintech leaders in the exotic city of Bangkok. Opening its doors on 20 June for 2+ days of insightful debate and exclusive product showcases which concluded on 22 June, the expo shed light on some of the most intriguing topics that shake up the world of fintech and finance, as well as some mind-blowing fintech innovations and affiliate programmes.   Exceeding the expectations of the audience, the Asian edition of iFX EXPO was even more spectacular than the Dubai event, calling to the stage some of the highest-profile industry players. Among them, executives from Revolut, Amazon Asia, Coinbase, the FinTech Association of Hong Kong and Visa International were only a few of the renowned speakers that enlightened the audience and enlivened the debate in the Speaker Hall of Centara Grand & Bangkok Convention Centre at CentralWorld.   Matching the high calibre of the speakers, the agenda distilled some of the most exciting topics, with online trading, crypto and Web3 in focus. But the speakers and agenda are far from being the only ingredients of the prestigious event.    Sponsored by some of the top brands, such as XS.com, OpixTech, ZuluTrade, Equiti Capital, LIEZ Markets, B2Broker, CXM Direct, Swissquote and many more, iFX EXPO Asia shined at every level.    Outside the business arena, the expo offered plenty of opportunities to mingle and exchange ideas in a casual atmosphere. The Welcome and Night parties wowed the audience, adding a pinch of informality and relaxed interaction to the business gathering.     Saving the best for the second half of the year, iFX EXPO has a lot yet to reveal. So, get ready for the event that the whole industry is talking about!   iFX EXPO International - the ultimate fintech frontier Closing its yearly world tour in September, iFX EXPO returns home to Limassol, the fintech hub in Cyprus. Scheduled to take place between 19 and 21 September, iFX EXPO International is by far the most exciting, boldest and most anticipated trade show of the year. And the 2023 edition will reveal a lot of surprises.   More than 4,000 attendees are expected and more than 90% of the booth set-up space and sponsorship slots have already been sold. If you haven’t reserved your spot yet, don’t miss the opportunity to register now and take advantage of the early bird rate.    There are plenty of opportunities to stand out at iFX EXPO International. There are still a limited number of booths and sponsorship slots available. To sponsor or exhibit at the world-leading fintech event, contact sales@ifxexpo.com.   Set to be the largest international iFX EXPO edition yet, this year’s event will be held in a new, high-end venue perfectly suitable for a display of this calibre - City of Dreams Mediterranean Integrated Resort.    Combining the facilities of exclusive hotel accommodations with the lush environment of a casino and the upmarket set-up of an international conference venue, City of Dreams is the first integrated resort in Europe, providing the perfect location for iFX EXPO International 2023.  Upcoming Events in 2024 iFX EXPO Dubai 2024: 16 - 18 January, Dubai, UAE   iFX EXPO LATAM 2024: APRIL, Mexico City, Mexico   iFX EXPO ASIA 2024: OCTOBER, Bangkok, Thailand   Stay tuned for updates on all things iFX EXPO!
"SD/JPY Nearing Intervention: Japanese Officials Prepare for Action

Insights from Squared Financial Analyst: Market Resilience and Regulatory Outlook

FXMAG Team FXMAG Team 22.06.2023 11:01
We recently had the opportunity to speak with an analyst from Squared Financial to discuss the current market situation. With the crypto market showing resilience and gaining 3.9% in the past 24 hours, reaching a capitalisation of $1.18 trillion, it has diverged from the downward trend seen in stock indices due to expectations of a rate hike.  Bitcoin, in particular, has experienced a surge of over 15% in just two days, revisiting the April highs. However, as we delve deeper into the market dynamics, doubts arise regarding the sustainability of the cryptocurrency rally amidst the challenging environment created by the stock indices.   FXMAG.COM: How will a mid-term Fed and ECB decision last week affect EUR/USD? The Federal Reserve delivered a hawkish pause. Markets were anticipating a pause with a possibility of one more rate hike in July followed by a rate cut by the end of the year. However, the Federal Reserve hinted at two more hikes and no rate cuts this year. Markets had to price in such a scenario. However, the ECB was more hawkish than the Federal Reserve, keeping the door open for further hikes on higher inflation expectations, sending the Euro over 1.09. In the meantime, the Dollar Index is showing signs that the downside trend has resumed. Yet it needs more time to confirm. Another weekly close below 102.60's would confirm that. On the other hand, this would be a confirmation that the Euro's upside trend has resumed as well, which could be targeting 1.11 within two weeks. FXMAG.COM: How will Thursday's (22.06) SNB interest rate decision affect CHF quotes? Switzerland's Core Inflation rate ticked below 2.0% in its latest release, which is the lowest core inflation rate since November of last year. The annual inflation rate in Switzerland eased to 2.2% in May 2023 from 2.6% in the previous month in line with market forecasts. There is no reason for any surprise by the Swiss National Bank. A 25bps is highly possible, but what matters the most is if the SNB hints at a pause. If so, CHF is likely to weaken. FXMAG.COM: Is there a chance that the U.S. SEC oversight will finally approve the application of some investment company to authorize the creation of an ETF with exposure to BTC, and how will that affect the price of this cryptocurrency and others? It is highly possible that the SEC will authorize crypto-related ETFs especially those with exposure to BTC. Despite all the headwinds the Crypto market had over the past few months, we saw some stabilization. Moreover, when it comes to the price and time method, it suggested that BTC ended its bear market back in March. The application of major investment companies sparked another wave of optimism, yet tough regulations are still needed.
Navigating Financial Markets: Insights on Central Bank Decisions and Currency Quotes

Navigating Financial Markets: Insights on Central Bank Decisions and Currency Quotes

FXMAG Team FXMAG Team 21.06.2023 14:00
In the dynamic world of financial markets, the interplay between macroeconomic data and central bank decisions can significantly impact various asset classes. We had the opportunity to speak with an FXPrimus expert to gain valuable insights into the current market situation and the influence of these factors on currency quotes, particularly the Turkish lira (TRY) and the British pound (GBP), as well as the broader effects on the US and European stock markets. FXMAG.COM: How will Thursday's (22.06) Turkish central bank's decision on interest rates affect TRY quotes? FXPrimus expert: The past rate cuts by Turkish President Erdogan led to a dramatic decline in the price of the Turkish lira, inflation hit 85.5% last year and as a result the overall cost of living of the country had dramatically increased . In a big U-turn, the central bank of Turkey is expected to increase interest rates to 20% to target the negative impacts of a rising inflation and attract investors to its currency.   FXMAG.COM: How will Thursday's (22.06) Bank of England interest rate decision affect GBP quotes? FXPrimus expert: The Market is already pricing in an interest rate hike from the Bank of England and given that CPI data on the 21st of June was higher than expected and at 8.7%, the BoE has no other choice but to act. More interest rate hikes will be expected after this one to target inflation but this will have negative effect on other aspects of the economy i.e. Bank crisis   FXMAG.COM: In the mid-term, how will last week's Fed and ECB decisions affect the US and European stock markets? FXPrimus expert: As interest rates increase, stock investors become unwilling to trade stock prices as the value for future earnings becomes less attractive against bonds which have a higher yield today, the FED have paused interest rate hikes but it remains to be seen in the upcoming economic data releases whether they will change course. The ECB has slowed the pace at which the interest rates where increased however they have indicated that more hikes are yet to come.
Navigating Headwinds: Outlook for the Finnish Economy

Navigating the FOMC Decision: Unraveling the Implications of Aggressive Interest Rate Hikes

FXMAG Team FXMAG Team 16.06.2023 09:06
In the wake of 10 consecutive interest rate hikes, it is high time for the markets to embrace a more positive outlook. The Powell-led committee's aggressive pursuit of raising benchmark rates, although necessary, has cast a shadow of pessimism over financial markets, potentially overshadowing the remarkable achievements of industry pioneers. Throughout history, monetary policy has proven to be a valuable tool for achieving financial stabilization in economies. The United States has faced its fair share of hardships in recent times, including a prevailing sense of distrust toward local banks and the adverse ripple effects of the debt ceiling conundrum. These challenges have been further exacerbated by soaring nationwide inflation, which has also left its mark on the cryptocurrency market.   It has been 15 months since the Federal Reserve decided to pause the rate hikes, indicating a momentary respite for the nation's monetary defenses. During this time, cryptocurrencies have displayed a bullish trend when examined from a long-term perspective. While current market conditions may appear to be in the red, they could potentially serve as necessary corrections following the rapid price surges witnessed in the crypto asset space. The Federal Reserve's monetary policy is operating as intended, with continuous and comprehensive assessments of economic conditions. Crucially, these assessments should consider the implications not only for industry leaders but also for everyday households. Adopting a bottom-up approach may yield insightful findings regarding the broader impact of monetary policy decisions.   FXMAG.COM: Could you please comment on the FOMC decision? It’s about time for markets to see the brighter side of day after 10 straight interest rate hikes. The Powell-led committee has been on a frenzy of aggressive benchmark rate increases – while necessary – has infected financial markets with pessimism, and that can overshadow the successes and feats of industry pioneers. Monetary policy has historically served as a very useful tool for achieving economy financial stabilization, and the United States economy has been susceptible to quite the hardship in recent times. The distrustful sentiment towards local banks and the adverse ripple effect of the debt ceiling conundrum had been exacerbated with scorching nation-wide inflation. That has also had its impact on the crypto market. It has been 15 months since the Fed decided to pause the rate hikes, which perhaps is an indication that the nation’s monetary defenses are taking a breather. Since the start of the year, cryptocurrencies have been very bullish when putting on the long-term lenses. While contemporary market conditions are more in the red, they potentially serve as corrections to the recent sharp price bumps in crypto assets. The Federal Reserve’s monetary policy is doing as it should, given continuous extensive assessment of economic conditions. What’s pivotal here is the conditions to be assessed, which in my perspective should take into consideration the implications on industry leaders but also those on everyday households; a bottom-up approach may present quite the insightful findings.  
ECB's Decision and its Implications for European Financial Markets: A Conversation with Petr Ševčík from BITMarkets

ECB's Decision and its Implications for European Financial Markets: A Conversation with Petr Ševčík from BITMarkets

FXMAG Team FXMAG Team 16.06.2023 09:02
The European Central Bank (ECB) has recently made a surprising shift in its approach towards financial stability, signaling a departure from its historically dovish stance. This decision, prompted by the challenges posed by inflation, has significant implications for both the performance of individual economies and the overall prosperity of the European Union.   In this article, we had the opportunity to discuss the ECB's decision with Petr Ševčík, an analyst from BITMarkets, who shared valuable insights into the repercussions of this move. BITMarkets, a platform that has been closely monitoring the rise of cryptocurrency trading in Europe, has observed increased trading activity in this sector since the beginning of the year. Cryptocurrencies, known for their volatility, have gained attention as a potential refuge in times of economic uncertainty and hardship. As inflationary pressures continue to burden traditional industries such as housing and banking, some investors are turning to alternative assets like cryptocurrencies.   The impact of the ECB's decision is already being felt across various sectors, with construction and materials stocks experiencing a 0.8% drop and bank stocks dwindling by 0.7%. These developments are a natural consequence of higher borrowing costs, leading to a slowdown in loan growth. However, amidst these challenges, there are signs of resilience in certain areas. Media stocks, for instance, enjoyed a 0.7% upside following the news, indicating that the markets may begin to respond more favorably to individual performance rather than being solely influenced by widespread conditions.    FXMAG.COM: Could you please comment on the ECB decision?   It's crystal clear that the reluctant ECB is that of the past. Historically known for adopting a very dovish approach towards financial stability of the bloc by avoiding sharp interest hikes, its decision to bump rates again highlights the struggles caused by inflation which are burdening the performance of individual economies and corporations and the livelihood of individuals; on a macro scale, this has been hindering the prosperity of the European Union for a daunting lengthy period. BITmarkets has witnessed the rise of crypto trading since the start of the year, and a notable portion of increased trading activity has stemmed from Europe. Cryptocurrency assets are volatile and always have been, but they have been regarded as refuge by some in times of economic uncertainty and hardship. What's apparent is that the housing industry and the banking sector are among the industries which are being damaged the most, with construction and materials stocks dropping 0.8% and bank stocks dwindling 0.7% following the news. From a wider perspective, this is only natural as borrowing costs increased which attributes the slowdown of growth in loans.  While the news was not taken very lightly as the continent's most popular indices shed their prices, I don't project much more dismay for Europe with regards to economic stability. Media stocks enjoyed a 0.7% upside and that speaks a thousand words. Inflation is cooling down and markets may begin to behave based on performance rather than being continuously-succumbed to widespread conditions. The European financial market has been a victim of calamitous market conditions for years, but the latest ECB move is one that can ultimately bring the EU out of its shell.
Summer's End: Gloomy Outlook for Global Economy

From Demolitions to Conversions: Transforming Buildings in Poland's Urban Landscape

FXMAG Team FXMAG Team 15.06.2023 13:03
More and more demolitions in Warsaw One can see with the naked eye an increasing number of demolitions of commercial buildings in Poland. The value of older structures situated on attractive urban land is often lower than that of undeveloped plots. Investors are especially eager to buy such properties, when it is possible to obtain a permit for the construction of a modern facility with a larger usable floor space. Strict ESG standards and the need to adapt decades-old buildings to current environmental norms associated with sustainable development, as well as the desire to reduce maintenance and operating costs, also motivate changes and modernization of properties. Market participants are wondering how many more demolitions will occur in the near future, since even twenty-something-year-old buildings are disappearing from the landscape of Warsaw, such as: - Atrium International from 1995 will be replaced by the over 130-meter Upper One skyscraper and a 55-meter hotel - Empark Mokotów Business Park is being redeveloped by Echo Investment and will be partially replaced with new residential buildings - the unfinished EuRoPol Gaz office building is already being demolished, Dom Development will develop residential buildings in this area - Multikino Ursynów (building from 1999) was acquired by GH Development from Belgium; the new owner has announced the construction of a mixed-use building with about 300 apartments    Regional cities are not falling behind either Echo Investment is also preparing a project using demolition in Lodz. At 127 Kilińskiego Street, in the place of an old tenement house, the investor is currently constructing a residential-hotel building. There will be about 290 residential units for short-term or subscription rental. Strabag Real Estate, in turn, has obtained permission to build 40,000 square meters of space on the site of the Plaza Gallery in Kraków, which is earmarked for demolition. The company is planning to develop a mixed-use project on the plot. Meanwhile, the former Impel office building, which stood at Ślężna Street, disappeared from the map of Wrocław. In its place, Develia started the construction of a residential complex with commercial premises. These are just a few examples of demolition and new development projects in Polish regional cities.   No-demolition option An alternative to demolitions is converting the existing buildings and changing their functions. Such actions are undoubtedly more environmentally friendly, as the carbon footprint associated with demolitions and constructing new structures is significantly higher. Avison Young's team of technical advisors has had the opportunity to analyze office buildings several times in terms of converting them into residential buildings, without the need for demolition. It turns out that it is not that difficult as it may seem, given the existing technical conditions. It is certainly much easier to change the functional use of office buildings to residential than the other way around.   Live loads  Based on the proposed structure and assumed service loads, according to the PN-EN 1991-1-1 standard for residential buildings, it is recommended to assume a load of 2 kN/m², while for office buildings, a load of 3 kN/m² is typically considered. Therefore, when changing the use of a building, there is a load capacity reserve for the floor slabs that can be utilized as needed.   Higher ceilings According to the current technical conditions, the minimum ceiling height for workspaces intended for more than 4 people is 3 meters, while the minimum height for residential rooms is 2.5 meters. Planned apartments can, therefore, have higher ceilings, which is desirable in the market and also allows for more space for the sub-ceiling installations.   The question of daylight  - One technical challenge that can be observed is related to the dimensions of office buildings. Most office spaces are designed as open space areas and rely on extensive glazing to provide daylighting throughout the space. However, when converting such buildings into residential units, it is necessary to consider the architectural possibilities to ensure compliance with technical requirements, including adequate daylighting. This typically involves maintaining a ratio of window area to floor area of 1:8. Any changes in the layout require a careful and thoughtful approach to ensure that the residential units are both functional and well-lit. – says Przemysław Kłopocki, Project Manager (Building Aspects), Technical Advisory & Project Management at Avison Young. The current regulations for transmission coefficients of the building envelope have been tightened significantly over the past years. When planning a change in the functional use of an existing office building with extensive glazing, consideration must be given to potential modifications or upgrades to minimize the building's energy consumption due to heat losses through the external walls and windows.   Closed windows When planning a change of use from office to residential, it is important to consider that many existing office buildings have non-operable windows, which necessitates the use of mechanical ventilation. Ventilation issues can be addressed by partially adapting the existing systems to meet the needs of future residents, taking into account the anticipated lower occupancy density of the building.   The biggest challenges - Adapting to the remaining sanitary needs becomes the most challenging. – says Karolina Hytroś, Project Manager (Sanitary Installations), Technical Advisory & Project Management at Avison Young. – Office buildings often have a single sanitary riser located in the core of the building, and it is necessary to expand the installation with numerous new supply pipes for bathrooms and kitchens in residential units. Additionally, the heating and cooling system is typically based on freon or glycol systems utilizing fan coil units, which may pose challenges in reusing them within the new functional layout of the floors. - The electrical installation also requires adaptation; it is necessary to expand telecommunication installations enabling television reception, Internet access, and efficient access control. - adds Kamil Olechniewicz, Project Manager (Electrical Installations), Technical Advisory & Project Management at Avison Young. Due to fire safety regulations in residential buildings, it is usually necessary to implement an extended fire alarm system. However, these challenges do not prevent the building from being adapted for residential use.   Summary Changing the use from office to residential in terms of technical aspects should not be problematic in many cases. However, it is important to consider that maintaining the desired level of Usable Floor Area (UFA) can be challenging. This may result in a lower profitability compared to a typical multifamily residential building, where every square meter is utilized almost 100% efficiently in the planning process. - However, it is worth considering that older office buildings often differ significantly in terms of standards from modern and energy-efficient Class A office buildings. In this respect, converting them to a residential function may be more profitable than continuing to maintain increasingly less attractive and difficult-to-lease office space. - says Tomasz Daniecki, Director, Head of Technical Advisory at Avison Young. Especially since older office buildings are usually located in well-connected areas, which is often a key aspect for residents when choosing a place to live. Such locations often fit into the concept of the "15-minute city," which is gaining increasing popularity lately.  
Redefining Urban Spaces: Demolition or Redevelopment for the Future?

Redefining Urban Spaces: Demolition or Redevelopment for the Future?

FXMAG Team FXMAG Team 15.06.2023 13:00
Demolition or redevelopment? Older buildings are making way for new ones, and the trend of redeveloping plots in the centers of large cities in Poland is intensifying. Furthermore, the plans include not only new development projects that arise after demolitions but also transforming existing office buildings into residential projects, including those in PRS (Private Rented Sector) formula.   The huge demand in the rental housing market in Poland, coupled with a gradual increase in rental rates amidst a significant housing shortage, is encouraging investors to undertake further projects in the PRS formula. Paradoxically, the geopolitical and macroeconomic situation, including war in Ukraine, is also conducive to the development of such investments, as it generates additional potential tenants. Above all, the Polish market still offers the opportunity to achieve higher investment returns than the Western European market. According to Avison Young experts, the value of transactions closed in 2022 could be estimated at 150 million euros, and cumulatively from 2014, it reached 325 million euros. However, the true dynamics of the sector is reflected in volume of forward funding transactions. Only in the years 2021-2022, according to Avison Young's analysis, it amounted to 700 million euros.   Investors' announcements indicate that the plans for the upcoming years include the construction of another ~ 25,000 apartments for rent in Poland. PRS investments are mainly taking place in the largest cities in the country, with 40% of the currently active PRS stock, totaling 12,500 apartments, located in Warsaw. Over 13,000 units are currently under construction, with approximately 4,500 expected to be delivered this year. However, it is still not enough considering the demand.   Land at a premium A serious obstacle to the development of residential investments is the shortage of available land in attractive areas of the largest Polish cities. As a result, investors are seeking alternative solutions, such as acquiring parcels with older buildings that can be adapted to new functions or demolished. The trend of real estate conversions is intensifying on the market.   The advantage of investments based on demolition or modernization of existing facilities is shorter administrative procedures, which do not require road approvals or participation in the construction of the surrounding infrastructure.   - The number of inquiries regarding analyses of the possibility of adapting existing commercial properties for new purposes is increasing. In such cases, our team evaluates, among other things, the profitability of the investment, considering options of demolishing older office buildings or transforming them into PRSs. When planning such actions, investors seek well-located, easy accessible office buildings, with a rich offering of gastronomy and services in the vicinity.   The profitability analysis of the investment indicates the direction for further investor’s actions. Functionally and technically worn-out office buildings generate lower income and are less attractive to tenants compared to modern office buildings that additionally meet ESG requirements. Therefore, it is often more cost-effective to consider a new function for the building, demolish or convert it into a product tailored to the current market's needs. – says Monika Bronicka, Head of Valuation and Advisory at Avison Young.    
Navigating the Polish Real Estate Market: Assessing the First 5 Months of 2023

Navigating the Polish Real Estate Market: Assessing the First 5 Months of 2023

FXMAG Team FXMAG Team 13.06.2023 16:02
Polish market after 5 months - where are we at? We are approaching the halfway point of 2023. Before the semi-annual investment market reports are released, Avison Young is sharing the current results.     Market adaptability The current results do not look much optimistic. However, this is a temporary state. Poland’s real estate market has stable foundations, and investors are highly adaptable, which is confirmed by the results achieved in previous years. Let's take a quick look at how the market has responded to the challenges emerging in the last 3 years. COVID-19 had a huge impact on the economy and customers behaviour, which naturally translated into the real estate market and investors’ activity. In the face of restrictions and the growing importance of staying local, customers more often chose “convenience retail” than shopping centres; home office and the hybrid work model developed. The growing pandemic boosted e-commerce (according to the Statistics Poland, the share of online shopping doubled in just two months from 5.6% in January and February 2020 to nearly 12% in April 2020), which in turn influenced the dynamic development of the industrial sector. However, investors relatively quickly adapted to the new conditions, and the total investment volume in 2020 amounted to EUR 5.3 billion and EUR 5.9 billion in 2021. Certainly, these results were lower than the volumes from 2018 and 2019, but they secured the 3rd and 4th highest position in terms of volume in the history of the market. In 2020, investors focused on “core” office buildings, warehouse portfolios and retail parks. In 2021, we saw record market liquidity (166 transactions) and - due to the prolonged period of the pandemic – a shift in investors' attention to opportunistic transactions in shopping centres and office buildings.   In 2022, the outbreak of war in Ukraine triggered further market turmoil, record high inflation, rising interest rates and escalating investment uncertainty. Nevertheless, this challenging year ended with a volume close to 2021’s (5.8 billion), which once again confirmed the maturity and liquidity of Polish real estate market. During the noticeable slowdown and the wait-and-see strategy adopted by investors, the market saw 5 historically large transactions accounting for 40% of the total investment volume, including the sale of prime Warsaw office buildings (The Warsaw Hub and Generation Park Y), the first since 2018 major prime shopping centre transaction (Forum Gdańsk), the sale of Danica warehouse portfolio and the creation of two JVs by EPP. For comparison, the decline in transaction volumes compared to 2021 in Western Europe reached an average of nearly 20%, and in the region of Central and Eastern Europe less than 3%.   In 2022, investors turned their attention to regional markets outside the main cities, which applied to all real estate sectors. Office buildings in the regions accounted for 68% of transactions and 50% of the total volume on the office market. In the industrial sector, 40% of the volume concerned facilities outside the largest warehouse hubs. Transactions of shopping centres in medium-sized cities appeared on the retail market, but new players continued to focus on safe retail parks.   Current status We are estimating that the volume of closed transactions announced publicly from the beginning of this year to the end of May, amounted to only around EUR 800 million. For comparison, in 2021 and 2022, the volume of transactions in the same period amounted to over twice as much. There were no historically large transactions, which in the first quarter of 2022 (The Warsaw Hub, EPP’s two joint venture investments) alone accounted for 75% of the total volume. Nevertheless, compared to the countries of Central and Eastern Europe, we still remain the most attractive and liquid market.   Offices slowed down On the office market, only 7 transactions were concluded during this period, concerning “core +” and opportunistic buildings located in Warsaw, outside the city centre. Avison Young investment team represented the seller in the divestment of Celebro and Wola Retro buildings.   Sale & leaseback at warehouses Since the beginning of the year, the dominance of the western regions in terms of location, mainly Lower Silesia, is clearly visible in the industrial sector. In turn, in the last 2 months, sale & leaseback transactions prevailed. Portfolio transactions are yet to be recorded.   Retail parks decelerate In the first 5 months of 2023, only one retail park transaction was completed and announced. In the first quarter, opportunistic smaller shopping centres and redevelopment schemes were the most popular. An example of such a transaction may be the sale of 4 commercial facilities portfolio located in Koszalin, Szczecin, Wałbrzych and Strzegom, where the Avison Young team represented the seller. In turn, in the last 2 months, the subjects of the announced transactions were large-format retail properties: 3W portfolio and Castorama in Płock.   Strategies of banks and strategies of buyers “One of the reasons for the reduced number of transactions and volume in the first 5 months of 2023, is that the process of adjusting price expectations on the seller-buyer line is still ongoing. However, we can see the first signs indicating that this situation may improve by the end of the year - says Marcin Purgal, Senior Director, Investment at Avison Young. - Banks, although still very selective, are analysing new financing products more and more efficiently. The situation related to interest rates seems to be quite predictable, inflation is slowing down, but it still takes time for the market to stabilize and get back on track. Currently, many buyers are trying to take advantage of the market situation and place bids far below property valuations, hoping to get a good deal. However, many sellers are in no rush to sell. That changes when the seller has to liquidate the fund, funding runs out, the property stops performing, or someone fails.”   What awaits us in the second half of the year? We expect that in the second half of the year, the commercial real estate market in Poland will be dominated by opportunistic and “value add” assets in every sector. Nevertheless, the best office buildings, whether in Warsaw or in major regional cities, as well as warehouses, should also be of interest to investors.   Authors: Paulina Brzeszkiewicz-Kuczyńska (Research and Data Manager) and Marcin Purgal (Senior Director, Investment)
Hong Kong Opens Limited Crypto Market — Here’s Why HK Investors Might Buy ASI During Its Presale

Hong Kong Opens Limited Crypto Market — Here’s Why HK Investors Might Buy ASI During Its Presale

FXMAG Team FXMAG Team 11.06.2023 08:45
Hong Kong Opens Limited Crypto Market — Here’s Why HK Investors Might Buy ASI During Its Presale As one of Asia’s leading financial hubs, the move to open up retail crypto trading in Hong Kong has been widely celebrated in the crypto space. One project, in particular, seems bound to be high on the priority list for many of Hong Kong’s crypto investors. Known as AltSignals, its ASI presale has already attracted thousands of investors from across the globe. Hong Kong opens up retail crypto market  While developments in the crypto market have been relatively quiet lately, Hong Kong’s announcement that it’ll allow retail investors to trade cryptocurrencies has lifted spirits. Hong Kong’s Securities and Futures Commission announced on the 23rd May that it’d begin accepting applications from retail-facing crypto exchanges in June, paving the way for the city to become one of Asia’s foremost crypto hubs.   This contrasts with mainland China, where digital assets are banned, although some have speculated that this may lead to a softened stance on crypto from the nation in the coming years. While Hong Kong’s crypto market will remain limited compared to other jurisdictions, it’s likely that the city’s renewed interest could drive interest toward AltSignals’ ongoing ASI presale.  What is AltSignals? Established in 2017, AltSignals has made a name for itself as a trusted provider of real-time trading signals. With an impressive user base of over 50,000 free subscribers and 1,500+ VIP members, the platform has consistently demonstrated its expertise across the crypto, forex, and stock markets, delivering outstanding returns.    What sets AltSignals apart from your average signal provider is its blend of proprietary technology and a team of seasoned traders. AltAlgo, AltSignals’ in-house trading algorithm that constantly scans the market, has helped the platform to achieve a 64% win rate over 3,700+ signals sent — a truly remarkable achievement.    This success has translated to huge gains for AltSignals’ users. In February 2023, for example, its Binance Futures signals returned 2,163% with an accuracy of 90%.   Consequently, AltSignals has earned the loyalty of its members. Boasting a 4.9 out of 5 star rating on Trustpilot from over 500 reviews, AltSignals has established a reputation for reliability and quality in the trading signals market. This strong foundation sets the stage for AltSignals' next venture: the introduction of ActualizeAI and the ASI token.    ActualizeAI and ASI token: AI-powered trading technology   Following its prior success, AltSignals is now looking to take AltAlgo to the next level with the launch of ActualizeAI. This move will fuse AltAlgo’s existing capabilities with cutting-edge AI trading technology, designed to elevate AltSignals’ win rate from 64% to 80%+.    Harnessing the power of the latest machine learning and natural language processing (NLP) techniques, ActualizeAI aims to uncover subtle patterns and trends in the markets unseen to the human eye, offering traders a unique edge over the competition and a significant chance of making some serious gains.   So where does the ASI token fit into all of this? For starters, owning more than 50,000 ASI means that investors are granted lifetime access to the existing AltAlgo signals and the upcoming ActualizeAI system.    Holding ASI also places investors in the AI Members Club, a vibrant community where members can exchange ideas, test new features, and interact with the team behind ActualizeAI. They can even earn extra ASI tokens for giving feedback and helping to improve ActualizeAI, opening up a new revenue stream for ASI investors.   Beyond these benefits, ASI also opens doors to a wide range of additional opportunities, like being the first to know about red hot presales (as identified by ActualizeAI’s sentiment analysis engine), exclusive trading tournaments, and a say in the platform’s future direction. With the ASI presale still underway, it’s likely that AltSignals’ innovative plans and proven track record are likely to attract considerable attention from the bubbling Hong Kong crypto market. Could the Hong Kong crypto market expansion boost ASI? Hong Kong's recent decision to open its doors to retail cryptocurrency trading has undoubtedly made waves in the crypto market, creating a ripple of anticipation that's hard to ignore. Hong Kong, a city-state known for innovation, is expected to embrace AltSignals and the ASI presale with open arms.   In fact, it’s this innovation that’s driving many analysts to expect good things from the ASI presale and beyond. Currently priced at $0.015 in the stage 1 of presale, some experts believe that ASI could soar as high as $0.40 by the end of 2023, especially considering ASI’s existing legion of loyal fans that are flooding into ASI at breakneck speed.  The bottom line As Hong Kong's crypto market begins to take shape, the ASI presale stands out as a golden opportunity for those seeking to capitalize on the extra demand crypto assets will see. AltSignals, with its proven track record, the introduction of ActualizeAI, and the immense potential of the ASI token, is perfectly positioned to make a significant splash in this new era of retail crypto trading.    With the demand for ASI projected to surge in the next few weeks, it's a chance investors won’t want to miss. Now might just be the perfect time to get involved and tap into the incredible opportunity that the ASI presale presents.   You can participate in the AltSignals presale here.
iFX EXPO Asia 2023 returns to Bangkok with only a few weeks to go until the event gets underway

iFX EXPO Asia 2023 returns to Bangkok with only a few weeks to go until the event gets underway

FXMAG Team FXMAG Team 09.06.2023 12:36
iFX EXPO Asia 2023 returns to Bangkok with only a few weeks to go until the event gets underway. Find out what to expect at the world’s largest B2B financial expo, which is heading back to Thailand for the second year running.   The countdown is on for the latest edition of iFX EXPO, the largest B2B expo for the financial sector, which returns to Bangkok for the second time, following on from last year’s event which proved to be a resounding success. iFX EXPO Asia 2023 takes place once again at Centara Grand & Bangkok Convention Centre at CentralWorld from 20 to 22 June 2023, bringing together thousands of industry professionals from across the region and the globe in the heart of the Thai capital. The event presents the perfect opportunity for attendees to learn about the latest trends in financial technology, network with industry leaders, and build new relationships. With only a couple of weeks until the expo opens its doors, we take a closer look at what to expect this time round.   Big Industry Players Some of the world’s largest and most successful financial companies have confirmed their attendance at iFX EXPO Asia 2023, with several already signing up for Exhibitor and Sponsorship packages, sales of which have now closed. Headlining the impressive list of sponsors is XS.com, with the trusted multi-asset broker being named as the Official Global Partner of the event. Other notable companies on board, include state-of-the-art algorithmic trading innovator OpixTech, who will be the Elite Sponsor of the showpiece event, while UEZ Markets feature as a Regional Sponsor. Joint Diamond Sponsors this year will be ZuluTrade and Equiti Capital, with B2Broker, CXM Direct, and Swissquote each becoming Platinum Sponsors. Leading the comprehensive list of exhibitors are MetaQuotes, Solitics, Trading Central, cTrader, Pepperstone, Admirals, AAAFx, STICPAY, and AdRoll – while many more organisations having secured their attendance by reserving a booth on the expo floor.   See the Full Agenda The final agenda is officially confirmed! One thing for certain is that there is so much to look forward to at the expo, starting with the Welcome Party on 20 June on Floor 22 of the venue, where attendees get the opportunity to meet and greet industry leaders and experts in an informal setting – before the serious business gets underway.  The main event kicks off the next day with the opening of the expo doors, serving as a hub of expertise where professionals can connect and exchange ideas across the expo floor and various locations within the 22nd floor, including the Executive and Business Lounges, and The Bar. There will also be 100+ expert speakers each leading insightful discussions on a range of industry-related topics in both the Speaker Hall and Idea Hub.  Meanwhile, the famous Night Party takes place at the Sing Sing Theater in between the two full expo days on the evening of 21 June, where eventgoers can sample the fun side of iFX EXPO at what has in recent times become a legendary slot in the calendar. For a full breakdown of the daily schedule, please visit here.   Download the Official App You can also keep updated with all things iFX EXPO from the palm of your hand by simply downloading the Official iFX EXPO App, exclusively available to registered attendees across iOS and Android devices. Enjoy an enhanced expo experience on-the-go! Here you can maximise your networking potential with AI-driven matchmaking, exchange contact details using Badge Scan, and view the agenda and build your own personal schedule. The app also allows you to exchange messages and schedule meetings with new business contacts, match with potential clients or buyers, navigate through the floorplan and event agenda, and explore the profiles of all the sponsors, exhibitors, and attendees.   Claim your Free Pass There are only a few days left to secure your place! Registrations are still open, so make sure you register to get your free pass, which includes: Access to the expo hall iFX EXPO Networking App accessibility  Entry to the Speaker Hall and Idea Hub Admission to Sponsored F&B Areas Entry to the Business Lounges Access to the iFX EXPO Parties   Register now to grab your free pass: https://bangkok2023.ifxexpo.com/register/    See you in Bangkok Don't miss out on the highly anticipated iFX EXPO Asia 2023 in Bangkok! With just a few weeks left until the event begins, it's time to secure your free pass and prepare for an extraordinary experience. Register now to join this unparalleled B2B financial expo, where you can explore the latest trends in the fintech landscape, connect with industry peers, and forge valuable partnerships.  Remember to book your accommodation so you can benefit from a special rate, exclusively available to iFX EXPO delegates. To find out more, click here.  
FinancialMarkets.media Expands with a New Office in Cyprus, Strengthening Global Reach

FinancialMarkets.media Expands with a New Office in Cyprus, Strengthening Global Reach

FXMAG Team FXMAG Team 30.05.2023 12:23
The FinancialMarkets.media team has been operating from its headquarters in Barcelona for more than 20 years The new office in Cyprus positions the brand at the crossroads of the Mediterranean, a vibrant hub of activity in the financial sector The company aims to strengthen its relationships with partners and clients The agency follows its philosophy of prioritizing human relations and being physically present in key financial locations   Barcelona, Spain - May, 2023 - FinancialMarkets.media, the 360º digital marketing agency for financial institutions and FXStreet’s spin-off business, proudly announces the opening of its new office in Cyprus, marking a significant milestone in its ongoing growth and global expansion strategy.   The agency, already operating from its headquarters in Barcelona since they were the FXStreet Marketing Team for over 20 years, aims to leverage this dual presence to enhance its services, foster global collaborations, and bring financial marketing trends and insights closer to its partners and clients.   The new office in Cyprus positions FinancialMarkets.media at the crossroads of the Mediterranean, a vibrant hub of activity in the financial industry. This strategic move allows the company to extend its reach into new markets, tap into emerging opportunities, and build strong connections within the region and beyond. With a diverse talent pool and increased resources at their disposal, the digital marketing agency is well-equipped to deliver exceptional services and maintain its commitment to excellence.    "Our expansion into Cyprus is a testament to our dedication to growth and our ambition to serve our audiences and partners worldwide," Sergi López Tomàs, CEO of FinancialMarkets.media commented. "As a company built on honest human relations, we understand the value of face-to-face interactions and the importance of being physically present in key financial ocations. With our new office in Cyprus, we strengthen our ability to foster strong relationships and better understand the unique needs of our clients and partners." Mr López Tomàs continued   “Having said that, our 360º digital agency believes in the importance of investing in qualified talent that contributes to the growth of the company while offering an even more outstanding service to our clients. Our new team in Cyprus are seasoned professionals with long trajectories in the financial industry. All of them have previously been part of the Marketing teams of some of the most important brokerage firms worldwide. These additions come as an added value to our clients, allowing them the chance to meet our representatives face-to-face and not just through a screen. We are a digital company, but most importantly we are humans behind the machines, and for us it is very important to maintain this human connection”, explained Mr López Tomàs .   FinancialMarkets.media, as part of the FXStreet financial group, has consistently been at the forefront of financial news and analysis, offering comprehensive coverage of global markets, insightful commentary, and in-depth interviews with industry experts. The company's expansion into Cyprus enables them to further enhance their coverage, delivering even more localized services.   To conclude, the new office will serve as a center for collaboration, innovation, and strategic partnerships. FinancialMarkets.media is eager to forge new alliances with local financial institutions, academic organizations, and industry experts. “And if everything goes according to plan, Cyprus will only be the first city where we open a branch, as we project opening FMM hubs in the most relevant cities of the world for financial markets.” Mr López Tomàs concluded.   To know more about the agency visit the new website: www.financialmarkets.media   
From Dismal Market Conditions to Record-Breaking Profits: Shell's Spectacular Q1 Performance Revealed. Interview with BitMarkets Analyst

From Dismal Market Conditions to Record-Breaking Profits: Shell's Spectacular Q1 Performance Revealed. Interview with BitMarkets Analyst

FXMAG Team FXMAG Team 27.05.2023 09:27
As the financial world eagerly awaits the release of Shell's earnings report, industry analysts are speculating on the implications it may have for the overall market. 2022 was undoubtedly a triumphant year for oil giants, with companies like Shell, Chevron, and Saudi Aramco witnessing substantial profits. Meanwhile, other sectors, including cryptocurrencies, struggled to navigate a landscape characterized by geopolitical tensions, inflationary pressures, and hesitant market sentiment.   However, the early months of 2023 have brought about a shift in the market dynamics, particularly for the oil industry. While the year started on a relatively stable note, oil prices have been trending downwards, influenced by geopolitical unrest and accompanying supply restrictions. Yet, there have been some counterbalancing factors, such as increased exports from Russia and growing economic activity worldwide, which have propelled demand above supply, providing some respite to the industry.   Despite the changing market landscape, Shell has managed to stay resilient and has delivered exceptional financial results for the first quarter. Surpassing analyst expectations, the company recorded a blockbuster quarter, reporting profits of nearly $10 billion—an impressive increase of over 20% compared to the previous year. Furthermore, Shell's earnings per share (EPS) soared by more than 30%, showcasing their ability to capitalize on the market opportunities presented even in the face of challenging conditions.   One of the key factors contributing to Shell's success has been its strategic focus on fuel trading and optimization, allowing them to navigate weakening oil and gas prices effectively. However, looking ahead, the company anticipates potential challenges in the coming quarters. The United States, as the world's largest oil producer and consumer, is currently grappling with banking instability and concerns surrounding debt defaults, which could pose a threat to Shell and its counterparts in the industry.   Furthermore, weakening demand from China, the world's second-largest oil consumer, adds another layer of concern for the oil industry. Although Shell's stature as a seasoned and behemoth corporation suggests that they will weather these challenges, it is unlikely to be a smooth journey.   In this article, we delve deeper into the factors that have influenced Shell's remarkable first-quarter performance and explore the potential obstacles that lie ahead for the company. By consulting industry experts and analyzing market trends, we aim to gain valuable insights into how Shell and its peers will navigate the evolving landscape and continue to thrive in an increasingly complex global energy market.     Could you please comment on Shell earnings after they're released? 2022 has been a champion of a year for oil giants, while the other corners of the financial market, including cryptocurrencies, were in dismay. Kingpins like Shell, Chevron and Saudi Aramco have basked in profits as commodity prices inflated due to supply constraints caused by geopolitical issues and wide inflationary pressures, and demand inhibitors characterized by high investor and consumer pessimism alongside reluctancy of businesses to expand and innovate.   2023 seems to have relieved the prospects of prosperity. The first months were somewhat stable for oil, but trending downwardly. Geopolitical unrest and the sanctions that came with it limited supply, but rising exports from Russia and growing activity around the world has re-calibrated demand above supply, and prices took a breather.   While 2023 had a different demeanor, Shell remained on its heels and recorded a blockbuster of a quarter, beating analyst expectations with almost $10 billion in first quarter profit; more than a 20% upside on a year-to-year basis with EPS propelling by over 30%. That is quite impressive given the ultra-attractive market conditions of 2022.   Fuel trading and optimization have balanced weakening oil and gas prices. The coming quarters might be a little challenging, however. The U.S. is under some heat amid banking instability and debt default conundrums, and this may pose a threat to Shell and other oil pioneers as the nation is the world’s largest oil producer and consumer.   Not just that, but weakening demand in China, the world’s second largest oil consumer, is also bad news for the oil industry. I believe that a seasoned, behemothic corporation like Shell would overcome these challenges, but not necessarily with ease.
Hawkish Tail Risks Loom in Rates Markets Amid Central Bank Decisions and Inflation Concerns

Unleashing the Potential of Cryptocurrency: An Exclusive Conversation with Eric Heinemann from Chainalysis

FXMAG Team FXMAG Team 26.05.2023 11:30
In the rapidly evolving world of cryptocurrencies, understanding the intricacies and implications of this transformative technology is crucial. To shed light on this subject, we had the opportunity to speak with Eric Heinemann, the Head of Web3 for the Central European business at Chainalysis. With his expertise in supporting companies on their Web3 journey, Eric Heinemann provides valuable insights into the growing popularity of cryptocurrencies and the pivotal role that Chainalysis plays in promoting trust and transparency within the industry.   According to Heinemann, cryptocurrencies have been gaining immense popularity in recent years due to their ability to open up new markets and foster a fairer and more integrated global economy. However, to fully harness the potential of this technology, greater trust and transparency are necessary. This is where Chainalysis, the blockchain data platform, comes into play. By providing compliance and investigation tools, Chainalysis empowers banks, businesses, and governments to navigate the cryptocurrency landscape confidently, enabling the digital economy to thrive securely. Speaker: Eric Heinemann, Head of Web3 CEMEA, Chainalysis       Could you please introduce yourself? What do you do at Chainalysis? My name is Eric Heinemann and I'm the Head of Web3 for the Central European business at Chainalysis, where I'm supporting big and renowned companies on their Web3 journey.   Why are cryptocurrencies gaining popularity in recent years? Cryptocurrencies have already opened up new markets and made the global economy bigger, fairer, and more deeply integrated. We're only seeing the beginning of what this transformative technology has to offer. But cryptocurrency needs greater trust and transparency to realize its full potential. That's where Chainalysis comes in. We need to develop clearer regulations, establish standard audit practices, and implement powerful compliance controls for cryptocurrency to sustain its current growth and integrate into the global financial infrastructure. By helping make that vision a reality with our compliance and investigation tools, Chainalysis gives banks, businesses, and governments the confidence and knowledge they need to help this new digital economy thrive.     When was Chainalysis created? What problems does it solve? Chainalysis was founded in 2015, by Michael Gronager (CEO), Jonathan Levin (CSO) and Jan Moller. Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data platform powers investigation, compliance, and risk management tools that have been used to solve some of the world's most high-profile cyber criminal cases and grow consumer access to cryptocurrency safely. Our mission is to build trust in blockchains to promote more financial freedom with less risk.   What are your 2023 and 2024 plans? We are building for a future where all value transacts on blockchains. The internet made the distribution of information instant and universal, and cryptocurrencies will do that for value. The public sector will play an even more important role in the success of crypto's future, and we are continuing to double down on our government business. Last year we launched Chainalysis Government Solutions, a Chainalysis subsidiary with the capabilities to serve U.S. defense, intelligence, law enforcement, and civilian agencies. We're continuing to expand the range of solutions we provide to law enforcement, national security agencies, and regulators. On the private sector side, we've largely solved many of the concerns around AML risk by showing that because cryptocurrency is inherently transparent, exchanges armed with the right data and tools can run very effective compliance programs. In the aftermath of recent collapses, regulators and financial institutions also want to assess counterparty risk. In other words, how can they measure the financial health of individual cryptocurrency businesses and their exposure to potential systemic risks? Many of these questions can be addressed with on-chain data and analysis and we are exploring opportunities there. We believe the strongest companies in crypto are built during downturns. We are bullish on crypto native & TradFi growth and continuing innovation.   Do you pay your employees in cryptocurrency? Or normally in FIAT currencies? Employees are paid in FIAT.   Have you gone through any funding rounds? Do you have any more planned? In May 2022, Chainalysis, announced a $170 million Series F financing led by GIC, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon and Emergence Capital also participated. At the moment we don't have any funding rounds planned.
Euro Dollar Bears Increase Options Exposure as EUR/USD Triangulates for Breakout

NVIDIA's Mind-Blowing Q1 Earnings: Surpasses Expectations and Skyrockets in After-Hours Trading!

FXMAG Team FXMAG Team 26.05.2023 09:46
The technology industry is currently going through a challenging period. The financial results of companies in this sector are noticeably worse than they were a year ago. However, NVIDIA seems to be relatively resilient to market turbulence. The company has released its financial results for the first quarter of fiscal year 2024.   Although the overall results are worse than they were 12 months ago, there is a visible quarterly growth. The question remains whether this trend will continue in the near future. The first quarter of fiscal year 2024 ended on April 30th.   According to the published data, NVIDIA recorded revenues of $7.19 billion during this period. This represents a 13% decrease compared to the same period last year and a 19% increase compared to the previous quarter. At the same time, the company achieved a GAAP net income of $2.04 billion. For the Non-GAAP comparison, it amounted to $2.71 billion.   These figures are interesting when compared to previous financial results. In the case of GAAP, there was a 26% increase in profit compared to the same period last year, while for Non-GAAP, it decreased by 21%. Both cases showed growth compared to the previous quarter, with increases of 44% and 25% respectively. We would like to hear the commentary on this matter from HFM Market Analyst, Marco Turatti.     Could you please comment on Nvidia earnings after they're released? Nvidia presented extraordinary results for Q1 2023, which far exceeded analysts' expectations on Wall Street, as well as a very strong outlook, and soared +25% in after-hours trading on the wings of its dominant position in GPU chips for AI. It added $220 billion in market cap in 1 hour, becoming the sixth largest company in the US500 and surpassing the value of all its US competitors combined (AMD, Intel, Micron).   Adjusted EPS was $1.09 versus 92 cents expected; Revenues was $7.19 billion, versus $6.52 billion expected. Sales of $11B exceeded the $7.5B forecast by 50%, with $4.28B coming from the Data Center business. Performance was driven by demand for its GPU chips from cloud vendors as well as from companies developing big LLM models like OpenAI (and many others).   Nvidia chief Jensen Huang said that the development of AI applications puts Nvidia in a prime position for a 10 year cycle at least. But he also warned of the risks of huge damage that could ensue from the US tensions with China, a market that ''cannot be replaced'' and will grow four times (up to 178 B Yuan) over the next four years, including for projects related to smart cities and edge computing.   One has to look between the lines to find some blemishes in the earnings reported: the gaming division reported a 38% drop in revenue while the automotive division grew 114% yoy but remains small at $300 million. One of the ''biggest problems'' right now are the financial ratios: NVIDIA has a Price to Sales of 29.4x, the most expensive of any US stock in front of MSFT at 11.5x (US500 average is 2.4) and a Price to Earnings Ratios of 182, second only to AMZN and 10 times higher than the US500 average (24). With an expected opening on 26/05 at $380, NVDIA is at an all-time high and looks rather expensive despite its excellent prospects.           Marco Turatti – HFM Market Analyst  After working for about 10 years in institutional trading rooms across Europe, Marco entered the FX sector as an analyst leveraging his knowledge of the financial markets. With a degree in Economics, from 2007 onwards he has constantly -and sometimes obsessively- studied and improved his trading and risk management techniques through active and direct investments. He is a firm believer in the need to know completely the securities one is dealing with, to always have a plan B ready, to build a macro view from which to derive the micro plan of action and -above all- to be strict with the rules one has set oneself, without taking anything personally.
WSE: ESOTIQ & HENDERSON - analytical report – summary

WSE: ESOTIQ & HENDERSON - analytical report – summary

FXMAG Team FXMAG Team 19.05.2023 14:31
BUY(PREVIOUS: ACCUMULATE)TARGET PRICE 39.2 PLN19 MAY 2023, 13:00 CESTWe raise our target price for the company's shares to PLN 39.2/share. As a result of the downward macroeconomic situation in 2022, the cost of doing business increased significantly, resulting in a considerable decline in earnings in the period. However, it should be noted that despite the significant increase in the USD exchange rate, the company maintained its gross profit margin on sales at a high level. This indicator continues to record satisfactory values, which is why we are raising our forecast for its level in the long term from 60,8% to 61,2%. This is the main reason for the significant increase in the target price. We expect that after the stabilization of SG&A costs and with further growth in revenues, the company has growth potential in the medium and long term. At the same time, sales revenue forecasts have been raised. In 2022, the company made a number of investments in the online channel - primarily the opening of new, more transparent websites and the launch of a mobile application, resulting in high online sales growth. Entering the Zalando platform in Germany turned out to be a very good decision, so now the company is working on launching sales through this channel in Austria and Switzerland. In addition, there are plans to open stationary stores in the Serbian market, with the first stores expected to open in 2023. Marketing activities, especially the introduction of TV commercials, which contributed to an increase in the number of customers in 2H'22, also have a positive impact on sales. The creation of the Vosedo multibrand platform, in our opinion, will not have a significant impact on the group's operations in the short term. Once the agreement with Oponeo.pl is terminated, it will be counted as one of the company's online stores, while visible support for online sales in our opinion will still have to wait. In 2022, a serious problem for the company was the increase in SG&A costs. We expect the current year to bring a deceleration of these dynamics. Management costs will continue to be burdened by expenditures on the development of RFiD technology - the first autonomous stationary salon is expected to be built by the end of the year. According to our estimates, in 2023, outlays for this project should oscillate around PLN 4.5 million, while we estimate the subsidy for this project at over PLN 3.5 million. In line with management's announcements, we expect inventory levels to decline in 1H’23. Increased inventory due to problems in supply chains and the rise of Vosedo does not seem to be justified in the current situation. For the first time, we include in the valuation a comparative valuation to Polish and foreign apparel companies, but due to differences in the in the structure of the assortment and scale of operations, we have assigned it a weight of 20%.DCF valuation [PLN] 36,8 Peer valuation [PLN] 48,9 Target price [PLN] 39,2 Price upside/downside 18,9% Cost of capital 12,6% Price [PLN] 33,0 Market cap [PLNm] 73,7 No. of shares [mn] 2,2 Max. price 6M [PLN] 37,1 Min. price 6m [PLN] 22,5 Rate of return 3M 7,8% Rate of return 6M 27,4% Rate of return 9M 7,5% Shareholders (% of votes): Patronado Ltd. 40,5% Esotiq & Henderson S. A. (akcje własne) 11,4% Adam Skrzypek 4,6% Marek Warzecha 2,6% Pozostali 41,0%Valuation summaryDCF valuationWACC calculationSensivity analysisPeer valuationMain risks: Unfavorable changes in the USDPLN exchange rate; High inflation and decline in disposable wealth; Supply chain problems; Prolonging war in Ukraine and escalating tensions between Russia and the West; Risks of fixed network expansion; E-commerce development; Seasonality of results; Market competition; Risk of misguided collection; Legislative changesAnna Tobiasz, DI anna.tobiasz@bdm.pl tel. (+48) 666 073 972 Dom Maklerski BDM S.A. ul. 3-go Maja 23, 40-096 KatowiceGPW’s Analytical Coverage Support Programme 3.0
Warsaw Stock Exchange: Pointpack - Strong parcels volumes look promising

Warsaw Stock Exchange: Pointpack - Strong parcels volumes look promising

FXMAG Team FXMAG Team 17.05.2023 13:31
The strength of Pointpack’s core underlying parcel volumes (51% y/y in 1Q23) is unlikely to go unnoticed by the market. The result should relate to a significant improvement in the effectiveness of PUDO (Pick Up/Drop Off) points. We believe there is room for further operational improvements that may allow the firm to post decent growth in core volumes of 32%/26% in both 2023E/2024E (vs. 23%/24% we previously assumed) and to largely offset the increased cost pressures in the core business. Within the P2A unit, on the other hand, we push half of hardware deliveries from 2023E to 2024E, due to the probable delay in the realization of the Polish Post contract. This mainly affects our projections for 2023E/2024E consolidated results and affects the multiple angle in 2023E/2024E to 5.3.x/2.6x EV/EBITDA, but does not greatly alter our view on the P2A unit based on projected weak NPV for the project. Overall, we lower our consolidated 2023E EBITDA forecast from PLN 22.8m to PLN 14.5m, while we raise our forecast from PLN 15.4m to PLN 22.6m for 2024E. We maintain our base-case scenario of no extension of the P2A contract with Polish Post, hence we still expect to see the first dividend in 2024E, with a dividend payment of PLN 5.51ps (DY 13.7%). With our continued positive outlook on the core business, we maintain a BUY rating and set our FV at PLN 70.00ps (versus PLN 65.00ps previously), which implies 75% upside. On our forecasts, Pointpack trades at a P/E of 7.3x/3.7x for 2023E/2024E.E-commerce PointpackBUY FV PLN 70.0 from PLN 65.0 75% upside Price as of 16 May 2023 PLN 40.10 MaintainedShare data Number of shares (m) 1.1 Market cap (EUR m) 10.0 12M avg daily volume (k) 0.7 12M avg daily turnover (EUR m) 0.01 12M high/low (PLN) 49.70/25.00 WIG weight (%) na Reuters PNTP.WA Bloomberg PNT PWTotal performance1M -4.1% 3M -13.6% 12M -1.0%Shareholders Mr Marek Piosik 19.7% Mr Krzysztof Konwisarz 13.0% Santander TFI 8.0% Quercus TFI 8.0% Insignis TFI 5.0% Others 46.3%P2A delay does not materially change our outlook on the contract. We do not view the (hopefully) short delay with realization of the deal with Polish Post as overly negative, as it does not change our approach to the project to any great extent (we estimate its NPV excluding working capital changes at PLN -0.8m versus PLN 0.5m previously, assuming no extension of the contract with Polish Post). The delay will result primarily in lower recognized EBITDA from the contract in 2023E (we cut our estimate to PLN 7.0m from PLN 14.4m), effectively increasing the 2024E contribution (we forecast PLN 8.9m versus PLN 3.1m previously).Booming parcel volumes. The volume of parcels handled by PUDO points within Pointpack’s network grew by 51% y/y in 1Q23 after estimated growth of around 45% y/y in 4Q22 and reported 37%/29%/11% y/y growth in 3Q22/2Q22/1Q22 respectively; although 1Q22 was not fully comparable as it was negatively affected by the Russian invasion of Ukraine.) We view positively the acceleration in underlying volumes driven by improved utilization of PUDO points (with the addition of new couriers per point on average), despite a small decrease in the total size of the network (which declined 6% y/y as of end-2022). We expect Pointpack to achieve volume growth of 32%/26% y/y in 2023E and 2024E, which should enable the core business to deliver decent results after accommodating a higher cost base in 2022/2023E. We forecast core business EBITDA at PLN 7.5m/PLN 13.8m in 2023E/2024E (versus PLN 6.8m in 2022).Figure 1. Pointpack – Financial summary (PLN m)Analyst Marcin Nowak marcin.nowak@ipopema.pl + 48 22 236 92 44GPW’s Analytical Coverage Support Programme 3.0
Warsaw Stock Exchange: BioMaxima - 4Q22 financial results review

Warsaw Stock Exchange: BioMaxima - 4Q22 financial results review

FXMAG Team FXMAG Team 04.05.2023 15:46
Sector: Health Care & biotechnology Market Cap: US$ 26.5 m Bloomberg: BMX PW Av. daily turnover: US$ 0.03 m Price: PLN 26.50 12M range: PLN 18.14-31.05 12M EFV: PLN 36.40 (→) Free float: 73%Recent eventsThe Company’s financial results: April Funding for a production line: January Dividend proposal (DPS at PLN 0.50): AprilUpcoming eventsRelease of consolidated 1Q23 financial results: May 30 Dividend payment: June Completion of the production capacities expansion: 3Q22Guide to adjusted profits No factors necessitating adjustments.Stock performance4Q22 financial results review4Q22 revenues/ EBITDA/ EBIT/ NI reached PLN 13.4/ 0.7/ 0.2/ 0.3 million. The Group’s revenues were in line with our expectations, while the profitability was materially lower than we expected and EBIT reached merely PLN 170,000 which implies the EBIT margin at 1.3% vs 4.1% expected by us. We would like to note that the profit on sales was negative and stood at PLN 509,000 in 4Q22. 4Q22 low profitability stemmed from an inflationary growth of costs which was not incorporated in BioMaxima’s price lists (the management claims this will be done in a few months). 4Q22 NI at PLN 311,000 was higher than EBIT due to high revenues on the financial activity. However, 4Q22 financials affected the record high FY22 results to a limited extent with FY22 revenues/ EBITDA/ EBIT/ NI at PLN 143.9/ 36.9/ 34.9/ 28.9 million.Production capacity expansionIn the financial statement for FY22 BioMaxima informed about the completion of a new production facility and warehouse and office adaptation. At the moment, the Company awaits the final occupancy permit. Finally, in 3Q23 the expansion of production capacities in the existing building should be finished. We expect new production capacities to have a material impact on BioMaxima’s financial results BioMaxima starting from 4Q23. Net cash at 2022-end reached PLN 7.1 million which is below our expectations at PLN 11.9 million, albeit this results from booking of a major part of capex related to the expansion in 2022.Financial forecastsNominal differences between actual and expected 4Q22 results are relatively small, therefore we do not modify our financial forecasts.ValuationOur 12M EFV at PLN 36.40 per share stays intact.CatalystsIncrease in demand for the Group’s products unrelated to the pandemic Increasing patients awareness Production capacity expansion Successful launch of new products Exports development Sale of drug tests related to new regulations Acquisitions of companies compatible with the Company’s operations A potential takeover target Successful restructuring of the Romanian subsidiary Moderate efficacy of vaccines and drugs for Covid-19 Presence in all the fast growing IVD segments Increasing recognition of the Company in Poland and abroad High efficiency of tests Spreading over time the changes in law (IVDR)Risk factorsDwindling demand related to the economic deterioration Continuous inflationary pressure on margins The SARS-CoV-2 pandemic development Change in the health care systems priorities Change in reimbursement policies and IVD funding Change in cooperation terms with public bodies Change in law (IVDR) (postponed for 3 years) Entry of new solutions to the market Growing competition Intellectual property breach Deterioration of products quality Loss of key employees Lack of qualified staff FX ratesCompetitive advantagesEuropean brand (vital for exports) Attractive products prices as compared to global players Well established market position in Poland Important sales relationships outside Poland Broad product offer (over 3,000 indexes) Own production technologies Focus on globally known and implemented technologiesAnalysts: Sylwia Jaśkiewicz, CFA Mikołaj StępieńGPW’s Analytical Coverage Support Programme 3.0
Real estate, renewable energy and blockchain - all in one place! FXMAG speaks with Qlindo.  How does an investment project that combines blockchain technology with green initiatives work?

Real estate, renewable energy and blockchain - all in one place! FXMAG speaks with Qlindo. How does an investment project that combines blockchain technology with green initiatives work?

FXMAG Team FXMAG Team 28.04.2023 13:55
Nowadays, many companies and organizations are looking for innovative solutions to succeed in a tough and competitive business environment. One such project is Qlindo, an investment-grade green real estate and renewable energy project that uses blockchain technology. In an interview with Mark, marketing manager and spokesman for Qlindo, we'll learn how the project came to be, what its goals are and what benefits it can bring to ordinary users. We will also talk about the experience of working with blockchain technology and future plans. Qlindo is one of the exhibitors at the Next Block Expo conference, which you're welcomed to join! Click the button to below to get tickets. With the code "FXMAG" you receive an extra discount Take part in the event What do you do in the project? I am the Marketing manager and spokesperson of Qlindo. I take care of all the marketing campaigns, from monitoring the social media creations to distributing them in the most efficient strategies. Where did the idea for Qlindo come from? The idea originated from members of our team that are split between IT and traditional real estate. Thinking outside the box assisted them in creating Qlindo, an investment capital of green real estate and green energy projects powered by blockchain technology. Do you have experience working with blockchain technology? Definitely, we do all our tech works inhouse, from deploying smart contracts, to dealing with the complexity of the different types of blockchains. Have you also work/worked on other projects? Yes, as earlier mentioned, we come from traditional real estate and have dealt with asset trading for more than 30 years. Why do you think blockchain technology is gaining popularity? Until now, this distributed ledger technology remains an impenetrable unit. This idea alone provides the necessary security for all users. Do you use any cryptocurrencies or tokens on a daily basis? If so, which ones? We of course monitor our own token $QLINDO which is currently tradable on Uniswap, Bitmart and Choise.com, in addition to the price of ETH which is a popular trading pair with our ERC20 token. Do you settle with the employees in the project in one of the crypto or traditionally through fiat currencies? In general we go with both fiat and/or crypto based on the employee’s preference. How can an ordinary person benefit from Qlindo? A few points of benefit that Qlindo provides: An up-trending token, able to generate a positive ROI. An investment opportunity in our diversified portfolio of green real estate and renewable energy projects. Becoming a community member and attending our investor club events where countless of real estate and Web3 enthusiasts can be reached. Education on everything green through our social media pages. Simplifying both topics of green initiatives and blockchain technology.
WSE: FOREVER ENTERTAINMENT - ANALYTICAL REPORT - SUMMARY

WSE: FOREVER ENTERTAINMENT - ANALYTICAL REPORT - SUMMARY

FXMAG Team FXMAG Team 27.04.2023 11:46
Forever Entertainment's results for 4Q'22, at the level of adjusted EBITDA and net profit, turned out to be significantly better than our expectations, and the company achieved record figures throughout 2022 (adjusted EBITDA of PLN 15.0 million, which is +582% y/y, and net profit of PLN 11.9 million, which is +659% y/y). The company enters the current year with advanced productions of many remakes. In 2023, we expect debuts of titles such as "FM2,", "PD2", „Shadowgate 2” and "Fear Effect: Reinvented." Considering the high density of significant premieres, we expect FOR to significantly scale its results. We forecast that the company will achieve a net profit of PLN 19,3 million (+62% y/y) throughout 2023, which translates into an attractive P/E ratio of 7x. With this in mind, we maintain our BUY recommendation for Forever Entertainment, setting a target price of 6,8 PLN per share, which is 41% above the current market price. Good results for 4Q'22 Forever Entertainment's results for 4Q'22 at a adjusted EBITDA and net profit level turned out to be significantly better than our expectations. Throughout the discussed quarter, the company generated PLN 9.5 million in revenue (+82.3% y/y), of which PLN 8.9 million was from the sale of product (an increase of 92.6% y/y), which was close to our forecasts. The biggest impact on the company's revenue growth in 4Q'22 was the release of the game "FRONT MISSION 1st: Remake" (according to our estimates, it sold about 50,000 copies exclusively on NS in the quarter) and the sales of "THE HOUSE OF THE DEAD: Remake" released during 2022 (on all major platforms). We were positively surprised by the operating expenses (PLN 7.0 million), especially the cost of external services (PLN 4.7 million), which were lower than our forecasts. The company's EBIT for 4Q'22 was PLN 2.5 million (compared to a loss of PLN 1.7 million in 4Q'21), while the adjusted EBIT was PLN 5.2 million. The company's EBITDA for the period was PLN 2.6 million (compared to a loss of PLN 1.4 million in 4Q'21), with adjusted EBITDA reaching PLN 5.3 million. The net profit for the last quarter of 2022 amounted to PLN 1.6 million (compared to a net loss of PLN 1.6 million in 4Q'21), while the adjusted net profit was PLN 3.8 million. A vision of an intense 2023 and further scaling of the business The company entered 2023 year without major premieres, but from this perspective, 2Q23 looks much more interesting. Magical Drop 6 was released on April 25th and in a few weeks Front Mission 2: Remake will hit the market (as we indicated in our last recommendation, the publisher ventured into a new type of sales campaign for this IP by releasing subsequent parts in intervals of only six months). Considering the information included in the annual report and statements from the management regarding the progress of individual productions, we expect that the company will release 5 more remakes this year, including "Panzer Dragoon 2", "The House of The Dead 2", "Fear Effect: Reinvented", "Night Slashers: Remake" and "Shadowgate 2". Given such a dense schedule of important premieres, we expect that FOR will significantly scale up its results. We forecast that in whole 2023 the company will generate PLN 76.6 million in revenue (+70% y/y), PLN 23.7 million in EBIT (+64% y/y), and PLN 19.3 million in net profit (+62% y/y). Continuation of sharing profits with shareholders After publishing the annual results, the company announced its intention to recommend a payment of 0.1 PLN dividend per share from the 2022 profit. For this purpose, 2.7 million PLN from last year's profit of 9.7 million PLN will be used (DY = 2.1%). This will be the second time in the history of Forever Entertainment that the company will pay a dividend. We expect the company to continue sharing its profits with shareholders in the coming years. With the expected progression of results in 2023, we anticipate an increase in DPS to 0.2 PLN. Further development plans of the company We would like to point out that Forever Entertainment is preparing to develop further projects and obtain new IPs that, in the company's assessment, significantly exceed the sales potential of the titles disclosed so far. In addition, FOR hopes that with the release of the game "Fear Effect Reinvented" it will show potential partners that apart from working on remakes, it can also create game from scratch based on licenses (eg in the same way as in the case of "Resident Evil 2").Main risks: 1) Risk related to strategic goals 2) Risk related to the possibility of not obtaining the necessary concessions and licenses 3) The risk related to possible delays in game production 4) Risk related to the loss of key employees 5) Risk related to difficulties in acquiring experienced employees 6) The risk related to the possible failure of IT systems, telecommunications infrastructure and servers 7) The risk related to the competitive environment 8) Risk related to the development of new technologies and industry 9) Risk of volatility of foreign exchange ratesKrzysztof Tkoczkrzysztof.tkocz@bdm.com.pltel. (+48) 516 086 705Dom Maklerski BDM S.A.ul. 3-go Maja 23, 40-096 Katowice
Eurodollar: InstaForex's analyst suggests making sales with objectives close to the predicted 0.9994 level, or 323.6% Fibonacci

Milczarek (Cryptiony): Last year, we launched a separate platform for entities specializing in cryptocurrency tax settlements based on the MVP (Minimum Viable Product) - FXMAG interviews Cryptiony CEO

FXMAG Team FXMAG Team 13.02.2023 12:29
Find below continuation of the interview with Bartosz Milczarek, Chief Executive Officer of Cryptiony, who we talk with about the company and crypto industry. The first part of the interview is available here. FXMAG.COM: What are your assumptions for your development on the UK market? Are you going to take over an entity, create a "subsidiary" or control the whole thing remotely? Bartosz Milczarek (Cryptiony CEO): We have launched a branch in the UK: Cryptiony Ltd. However, the nature of our business - an application in the Software-as-a-Service model allows us to run this business largely remotely. From the very beginning of the company's existence, the team has been working remotely. What do your shares in the project look like now? New entrants only support you financially, has the shareholding structure changed? Acquiring a VC investor or a Business Angel usually means selling part of the shares. This is also the case with us. However, the founding members still hold the majority of the company's shares. New investors not only support us financially, but also with their "smart-money" - which I mentioned. This was crucial for us when we were looking for investors. Our investors have extensive experience in scaling local projects to global businesses, they have extensive networking - also in the crypto industry - which we are happy to take advantage of. We are not planning a debut on the stock exchange. Next fundraising round is planned - later this year. Are you planning another fundraising round, or are you planning to go public? We are not planning a debut on the stock exchange. Next fundraising round is planned - later this year. We believe that we must quickly expand our activities to other countries. We have in mind the EU directive DAC8, which we talked about earlier. The entry into force of this directive and the imposition of the obligation to report customer transactions to the tax authorities would certainly strongly increase the demand for the Cryptiony application. Although such regulations raise a lot of controversy, it seems that this direction is inevitable. More and more accounting offices are interested in the subject of cryptocurrency settlement. They undertake to settle them for companies as well as for individuals. Assuming that the trend will definitely intensify and it will become more and more common, does it not pose a big risk for you in development? Definitely not. In addition to our main product: an application for self-accounting for cryptocurrencies, we also offer a separate platform for entities such as accounting offices or tax offices. These types of entities without automation tools have a much harder time settling taxes with their clients, they also do it slower. So far, not much has been heard about our second product. Last year, we launched a separate platform for entities specializing in cryptocurrency tax settlements based on the MVP (Minimum Viable Product) prepared by us for entities that contacted us. In 2023, we plan to significantly expand our activities in this area, we are observing an increase in interest of this type of entities in the settlement of crypto trading, and thus the need for automation of this process. In what time horizon do you see the stabilization of the cryptocurrency market in the context of regulations in Poland? What must change? The entry into force of EU regulations, i.e. the previously mentioned MiCA regulation and the DAC8 directive, will be of key importance. Currently, we have very simple and investor-friendly cryptocurrency tax regulations in Poland. I've heard voices that the government can change the regulations and follow the British ones more closely. Read next: Bartosz Milczarek, CEO at Cryptiony: Customers settle the crypto tax in annual returns, so our business model is also based on annual subscriptions | FXMAG.COM In light of the events of 2022, what do you see as the biggest threat to the crypto market in the coming years? The scale of frauds, pathologies or bankruptcies of cryptocurrency projects that took place in 2022 shows that regulations in this industry are necessary. It's important not to be too strict. The lack of regulations or their too late implementation may significantly harm the further dynamic development of the industry. It is therefore essential that governments adopt the golden rule of thumb. Do you think that with the introduction of CBDC on a larger scale, stablecoins will be forgotten? Not necessarily, CBDC will rather act as digital cash - controlled by governments. Cryptocurrencies, including stablecoins, will continue to be an alternative to the traditional financial system. There is a lot of talk about the introduction of CBDC, but there are still few details on how it will be implemented, and it is quite crucial to whether users will switch from stablecoins to CBDC.
Bartosz Milczarek, CEO at Cryptiony: Customers settle the crypto tax in annual returns, so our business model is also based on annual subscriptions

Bartosz Milczarek, CEO at Cryptiony: Customers settle the crypto tax in annual returns, so our business model is also based on annual subscriptions

FXMAG Team FXMAG Team 13.02.2023 09:37
Last time our team reached out to Cryptiony - a company which made an app, that helps investors tax crypto. Today we provide you with an interview with Bartosz Milczarek, Chief Executive Officer. FXMAG.COM: How do you see 2023 in terms of crypto regulation? Is there any sign of a global consensus on the horizon? Bartosz Milczarek (Cryptiony CEO): The year 2023 will certainly be important in terms of regulation of this industry. Since last year, we have been observing significant progress in regulatory work. However, it is unlikely that these regulations will be implemented in 2023. It is also difficult to talk about global regulations. Nevertheless, in many regions of the world, work is underway to regulate this industry. Work on the MiCA regulation, which covers the entire European Union, has been underway since 2018, the European Parliament is to vote in April this year, and if it is approved by the EU Council, it may come into force as early as 2024 - after 18 months of voting. The MiCA regulation is the first attempt to comprehensively regulate the functioning of crypto-assets in trading. The European Union is already working on further regulations on administrative cooperation covering tax reporting on cryptocurrencies - a proposal to regulate this area has been proposed in the DAC8 directive, which may enter into force in 2026. This directive would impose an obligation on entities enabling cryptocurrency trading to provide information on transactions their clients to the relevant tax authorities. In 2022, we recorded the collapse of the Terra project or the bankruptcy of the FTX exchange. Such events will only speed up regulatory work. On February 1, 2023, the British HM Treasury announced a proposal for new regulations governing the cryptocurrency market and announced legal consultations that will last until April 30, 2023. According to the local authority, their goal is to introduce clear regulations regarding the cryptocurrency industry. It is important that the local authority announced that the cryptocurrency industry is ultimately to be subject to the same regulations and institutions as traditional financial markets - taking into account the specifics of the industry. The proposed regulations by the UK government have a similar purpose to the MiCA in the EU, which is why they are called the small MiCA. Similar regulatory work is also taking place in the United States. In 2022, we recorded the collapse of the Terra project or the bankruptcy of the FTX exchange. Such events will only speed up regulatory work. What is your main product? How many people are currently using it? Are these customers who bill you monthly/quarterly/or just annually? Our main product is a web application for self-settlement of tax on cryptocurrency trading. With the help of the application, the user of the cryptocurrency market can independently settle the cryptocurrency turnover in a few minutes. We have already had 2 tax seasons in Poland behind us, in a moment, from February 15, we will start the third year of operation in Poland. From January 2023, we also offer our services in the UK. Surprisingly, in the UK tax settlement on crypto activity is much more difficult than in Poland. i.e. there are more complex methods of calculating revenues and costs, as well as more operations should be included in such a settlement, e.g. crypto-crypto transactions, airdrops, staking. Customers settle the crypto tax in annual returns, so our business model is also based on annual subscriptions. Read next: Louis Vuitton celebrates 200th anniversary. Company teams up with Yayoi Kusama to release 10.000 NFT project| FXMAG.COM What do you need so much money for? Would further bootstrapping be impossible? Development from own funds would certainly be much slower. We raised over PLN 2,500,000 (EUR 500,000) from two American Venture Capital funds and one Business Angel from Poland. We needed these funds to expand into the UK and completely redesign the app to make it even easier to use. If we look at the pre-seed financing round through the prism of the Polish pre-seed rounds, where the median for the first financing round is PLN 1.1 million, we actually achieved an above-average result. However, if we take into account that these funds were allocated to foreign expansion, it is not such a large amount. Let's note that TaxBit - offering a similar application in the US, raised USD 100 million in one round, and raised over USD 235 million in total - but they still offer their services only in the USA. It should also be remembered that having VC investors or Business Angels on board is not only financial resources, but also the so-called "smart money". We have support from people who have experience in scaling businesses. Read the second part of the interview here!
Lagarde's Dilemma: Balancing Eurozone's Slowdown and Inflation Pressure

Alphabet publishes its earnings today. Q4 EPS expected to reach $1.18

FXMAG Team FXMAG Team 02.02.2023 14:11
Already today, in the late evening hours, we will know the financial results of another technological giant from Wall Street - Alphabet , which is the operator of i.a. Google and YouTube services. The results for the previous, third quarter of last year, did not impress and turned out to be noticeably lower than analysts' expectations. Alphabet 's revenue growth then fell to its lowest level since 2013. What can we expect from the publication of the report for the last quarter and the entire year 2022? What are the expectations of the technological giant? Summary: analysts expect earnings per share in the fourth quarter of $1.18 estimated revenue is $76.07 billion, up just 1% year-on-year however, in the last quarter of 2022, significant drops in the dollar quotation may work in favor of the company in pre- session trading, Alphabet 's quotations increase by more than 1% (price above 100 USD) Alphabet results for 2022 Analysts' expectations for Google's parent company are not too high - the market consensus assumes an increase in revenues to USD 76.07 billion , i.e. 1% compared to the fourth quarter of 2021. Estimated earnings per share (EPS) Alphabet traded at $1.18, down from $1.53 a year earlier (EPS was $30.69 then, while Alphabet did a 20:1 stock split last July ). In pre-market trading , Alphabet's stock is up over 1% and is trading above $100. As a reminder - throughout 2022, the company behind Google recorded a decrease in the share price by less than 40%, but in January, Alphabet 's shares recorded an increase of over 10%. Read next: Resumption Of Cooperation Between Airbus And Qatar Airways| FXMAG.COM Alpahet last week announced a reduction of more than 6% of the company's full-time jobs, which means the layoffs of more than 12,000 employees . The decision was justified by the fact that in previous years Google recorded above-average growth dynamics, which is impossible to maintain in the current economic reality. New employees were hired in a different economic environment, which is now much less friendly to technology companies. Google joined companies such as Meta Platforms , Microsoft and Amazon with job cuts . When will we know the Google results? Alphabet will publish financial statements for the fourth quarter and full year 2022 after Thursday's trading session on February 2 at 2 p.m. 22 Polish time. It is worth recalling that the technology concern, which is the operator of, among others, Google and YouTube services , in the previous quarter (Q3 2022) fell below analysts' expectations , both in terms of revenue and profitability. In the third quarter of 2022 Alphabet achieved sales revenue of USD 69.09 billion against expectations of over USD 70.5 billion. Revenues were higher than those in Q3 2021 (USD 65.12 billion), but only by 6%. For comparison, in the third quarter of 2021, the dynamics of revenue growth exceeded 40%. Third-quarter net income was also lower than forecast at $13.91 billion, with earnings per share of $1.06. Analysts had expected an EPS of $1.25. For comparison, in the third quarter of 2021, Alphabet had a net profit of just under $19 billion, which translated into an EPS of $1.40. At that time, the company explained the below-consensus results with a decrease in advertising revenue and lower marketing expenditures on the part of advertisers, which was particularly visible in the results of YouTube itself - advertising revenue slightly exceeded USD 7 billion, which meant a 2% year-on-year decrease, while the market consensus assumed an increase of 3% on an annual basis. Alphabet's total ad revenue was $54.48 billion in the quarter, up from $53.13 billion a year earlier. The result above expectations was recorded only by Google Cloud services - revenues in the third quarter amounted to USD 6.87 billion, compared to the expected USD 6.69 billion and USD 4.99 billion achieved a year earlier.
Nasdaq 100 posted a new one year high. S&P 500 ended the day unchanged

Meta Platforms earnings beat expectations reaching $32.17bn

FXMAG Team FXMAG Team 02.02.2023 13:43
Meta Platforms published the results for the fourth quarter of last year and the entire 2022. In aftermarket trading, the share price of the owner of Facebook increases by over 18%. Earnings per share in the fourth quarter amounted to USD 1.76 vs. USD 2.23 expected. Revenues reached USD 32.17 billion (market expected USD 31.69 billion). The market was euphoric about the expansion of the buyback of own shares by as much as USD 40 billion.  How does the Meta Platforms price behave after the announcement of financial results? In aftermarket trading, Meta Platforms is already gaining over 18%. Tomorrow's session opening in the US stock market will be extremely exciting. Is there a chance for a long-term improvement in the financial results of the owner of Facebook? According to analysts' expectations, only the second half of 2023 may bring an improvement in the situation of companies that benefit the most from advertising. According to Refinitiv , in the first quarter of 2023 there will be another decline in Meta's financial results. This is the effect of potential cuts in advertising budgets. It is worth noting that ad spend in 2023 is expected to increase by 3.3%, which is the lowest estimated increase in the last 5 years. What's more, as many as 2/3 of advertisers include the recession in their budgets, thus expecting lower consumption. Read next: Eurozone inflation: We believe the issue's roots were building up before the war, and some are saying it was groundwork set by the ECB| FXMAG.COM How did Meta Platforms' results compare to expectations? Out of the last 4 quarters, only in one case the financial results surprised positively. We are talking about the first quarter of 2022. Then the earnings per share turned out to be higher than expected by more than 8% and reached the value of USD 2.72 per share. Q2 and Q3 2022 are much worse results. In particular, the data for the penultimate quarter were not optimistic, as the discrepancy compared to market expectations reached the value of -11.32%.  Chart of profit expectations per single Meta Platforms share . The downward trend should end in the first quarter of 2023 How was the Facebook owner doing before the results were announced? Before the publication of quarterly results, the Meta Platform share price did not differ from the most important technological companies. At times, the gains reached 3%, despite the fact that the opening of Wednesday's session was not successful. The opening price amounted to USD 147.87, while during the daily struggle the rate dynamically broke the barrier of USD 150. Thus, the price has come very close to the important horizontal level of USD 155. Bounce from the bottom (4.11.2022) exceeded the level of 70%.
Apple earnings: Company did not give an outlook for the next quarter, which could prove even more challenging due to parts shortages and competition

Earnings season: Apple sales expected to reach $127.7bn

FXMAG Team FXMAG Team 02.02.2023 12:58
The consensus of Wall Street analysts assumes that Apple will show sales of USD 121.7 billion in the first quarter of the 2022/23 financial year, which would mean a decrease of -1.8% q/q. In pre-session trading, Apple's price is up 1%. Today, after the session, Apple will announce the results for the first quarter of the 2022/2023 financial year, i.e. for the fourth quarter of 2022. Expectations are moderate, given the recent production problems in China. The most interesting point in the Apple report will be how the demand for apple products is affected by a marked slowdown in consumer spending on computers, mobile phones and other electronics. There is also the issue of the weakening USD. Apple's results this time a big puzzle The consensus of Wall Street analysts assumes that Apple will show sales of USD 121.7 billion in the first quarter of the 2022/23 fiscal year, which would mean a decrease of -1.8% QoQ and the first quarterly decrease since 2019. Earnings are expected to be $1.95 per share, down from $2.10 a year earlier. Recall that Apple stopped publishing preliminary results estimates at the beginning of the pandemic, and it seems unlikely that the company will resume this practice. CFO Luca However, Maestri warned in late October 2022 that the prospects for the fourth quarter do not look rosy, and Mac sales will be significantly lower year-on-year. He emphasized that revenues from services would probably increase year on year, but alarmed that the company was facing macroeconomic problems. Read next: Santander Bank Polska Shareholders Can Expect A Solid Dividend, The ETH Liquid Staking Narrative Is Already Going Strong| FXMAG.COM The most important driver of Q4 2022 results will be iPhone sales . Meanwhile, in the fall, there were production problems with the iPhone 14 Pro and Pro Max models. Besides, the question was how the sale looked like in the face of high inflation and a weakening economy. Wall Street analysts polled by FactSet expect iPhone revenue to be $68.3bn for the quarter, down -4.6% y/y, and Mac revenue to be $9.3bn USD (decrease by -14% y/y). iPad revenue should be $7.9 billion, up 9.6%. Revenues from wearables , home and accessories are expected to amount to USD 15.2 billion, which would mean an increase of 3.4%. Analysts predict service revenues of USD 20.5 billion, which would mean an increase of 5% y/y. As for the regions, analysts' estimates assume a decline in sales in most regions. Interestingly, it is expected to be higher in Europe (-22%) than in China (-20%).
FX Daily: Resuming the Norm – Dollar Gains Momentum as Quarter-End Flows Fade

US: Fed raises interest rate again

FXMAG Team FXMAG Team 02.02.2023 12:49
The first meeting of the Open Market Committee this year is behind us. The FOMC, as expected, decided to raise interest rates in the US for the eighth time in a row, this time by 25 basis points. Thus, the range of the federal reserve funds reserve ratio increased to the highest level since October 2007: 4.50-4.75%. Given that basically no one expected the Fed to make a decision other than half the rate hike than last December, what is more important from the perspective of the markets is what the governor of the US central bank, Jerome Powell, has to say. Summary: at the February meeting of the Open Market Committee, as expected, interest rates increased by 25 basis points this means that the federal reserve funds rate range has increased to 4.50-4.75% Market expectations assume that the Federal Reserve will end the cycle of interest rate hikes after its March meeting, and that the beginning of the Fed 's rate cut will take place later this year Fed decision in February 2023 At the first meeting of the Open Market Committee this year, an increase in interest rates by 25 basis points was approved . This means that the Federal Reserve Funds rate range increased to 4.50%-4.75% . Once again, the Fed did not surprise the market with its decision - long before the FOMC meeting, analysts agreed that the members of the committee would vote for a gradual phasing out of the monetary policy tightening in the US. On the eve of this year's first FOMC meeting, over 99% of positions on future interest rate contracts were betting on a 25 basis point increase in interest rates . Less than 1% of positions assumed leaving interest rates at last year's level (range 4.25-4.50%). It is interesting, however, that for the first time in many months, none of the participants of the FRA contracts market took into account the scenario of a 50 basis point rate hike. It is worth noting that at the end of December last year, over 32% of futures positions bet that the FOMC will vote for a rate hike of another 50 basis points at the February meeting. Such a radical change in the proportion of future interest rate contracts within just one month is a clear signal that the baseline scenario for market participants is the imminent end of the interest rate hike cycle in the US. Read next: Eurozone inflation: We believe the issue's roots were building up before the war, and some are saying it was groundwork set by the ECB| FXMAG.COM Fed Chairman Jerome Powell's conference more important than the decision itself Taking into account the fact that the Fed was a kind of hostage to market expectations and that a decision other than a 25 bp rate hike . would be quite a shock for him, more interest was aroused by Jerome Powell's conference after the FOMC meeting. What next, i.e. when will the Fed stop raising rates? The first interest rate hike in the United States this year is also the eighth in a row in this cycle of monetary tightening conducted by the Fed since March 2022. For investors from all over the world, however, it is important when the US Federal Reserve decides to end the rate hikes and when the first signals and then the first reductions in the dollar interest rate will appear. Looking at the current distribution of positions on FRA contracts of various series, it can be seen that market participants expect the end of the cycle of interest rate increases already at the third FOMC meeting this year , which is scheduled for May 3rd. More than 82% of positions on March futures bet that interest rates will also go up by 25 basis points at the next meeting. Less than 17% of positions on FRA contracts assume keeping rates at the current level (4.50-4.75%). As for the May series of futures contracts (which are betting on the third FOMC meeting this year), almost 55% of positions assume that the Fed will not raise interest rates in May , thus ending the monetary tightening cycle in the United States that has lasted over a year. The implementation of this scenario assumes an increase in interest rates in the US to the range of 4.75-5.00% . An equally burning issue is when the Fed will begin to ease monetary policy Of course, no one knows the answer to this question yet, especially since central bankers' decisions are shaped in a dynamic macroeconomic environment. In the coming months, a lot of things can happen that can both accelerate and significantly postpone the Fed 's decision to start interest rate cuts in the US. Much will depend on the rate of decline in inflation and the condition of the labor market. It is interesting, however, that on the day of this year's first FOMC meeting, most participants in the FRA contracts market expect that already at the end of this year... the Fed will start to cut interest rates. For example, on the December contract series, over 30% of positions assume the range of the federal reserve funds rate of 4.25-4.50%, which is exactly the same as before today's Fed decision . More than 33% of positions assume the range of interest rates at 4.50-4.75% at the end of the year, which assumes the scenario of the last 25 bp rate hike this year . in March, means one interest rate cut at the end of 2023. The market therefore hopes that the Fed will quickly turn from a hawk into a dovish one that will not delay cutting rates as soon as the macroeconomic readings and the general climate in the US economy allow it.
Is meme stocks mania back? AMC stock go up. What about meme coins?

Is meme stocks mania back? AMC stock go up. What about meme coins?

FXMAG Team FXMAG Team 20.01.2023 09:41
Some meme companies , like AMC, are making a comeback. The ratings of some memes also shoot up cryptocurrencies like Shiba Inu . Sentiment has improved so much that the meme boom is slowly coming back.meme- stock craze back on the US stock market after two years ? There are many indications of this. Maybe not all the heroes of the sick boom two years ago got up from their knees, but many of them are getting up.Recall that during the meme boom stocks , fueled by cheap money, stocks of companies that were in a bad fundamental situation became more expensive. However, these companies were targeted by masses of young people who bought their shares for various reasons. The clash of Reddit forum members has gone down in history Wallstreetbets and hedge funds , which played on the fall in the share price of GameStop - a distributor of equipment for players.Meme madness stocks on the horizon againOver the past 10 sessions, GameStop 's stock is up 18% and AMC Entertainment Holdings' stock is up 34%. Some cryptos are also insanely expensive , e.g. in the mentioned period of 10 sessions , Decentraland increased in value by 100%, Enjin Coin by 65% and Solana by 57%. Shiba's height is also noteworthy Inu by 33%.To put this in context, let's add that within 10 sessions, the S&P500 went up by only 2.5%, and bitcoin went up by 24%. It shows surprisingly poor dogecoin , which grew in value by only 10% during the period in question.AMC Entertainment Holdings listed on Nasdaq Composite backgroundSource: TradingView When we look at the behavior of meme-stocks and meme-coins , it's worth realizing that nothing special happened there. In most cases, there was no significant information that could have influenced such large price movements. Maybe the exception is the token Shiba Inu , because the fan community of this cryptocurrency awaits the release of Shibarium - a layer 2 scaling solution that is being developed by the Shiba team Inu .So why the increase in meme-stocks and meme-coins ?If you don't know what it is, it's about general market sentiment. The CBOE volatility index - the so-called VIX "fear index" - fell to 19 points on Wednesday. This is the lowest level since the beginning of April 2022, when the S&P 500 was much higher and BTC turnover was much higher than it is now. Also Crypto The Fear and Greed Index is at its highest level in many, many months (precisely, the highest level since the beginning of 2022), which means that fear has evaporated.VIX quotesSource : Google Finance Crypto Fear and Greed Index quotesSource: Alternative.me meme basket stocks still has plenty of room to growIt can be seen that the sentiment towards risky assets is improving quite quickly. In November, the FTX stock exchange collapsed and everyone was trembling about the future of the cryptocurrency market , and today there is no trace of this great fear. On the other hand, stocks are getting more expensive because inflation is not galloping, which gives hope that the end of the cycle of interest rate hikes by the Fed is not far away. And that's why investors are starting to buy risky assets - they want to hear the music play again, they want to see green in their wallets again.Of course, not surprisingly, there are already warning voices of analysts:On the other hand, a whole meme basket stocks still has a lot of room for growth if it were to return to historical peaks...
№6.

№6.

FXMAG Team FXMAG Team 18.01.2023 11:05
Bullish sentiment spreads across the crypto market - even altcoins gain significantly - what's the most probable driver of this rally?Since the beginning of the new year, the cryptocurrency market seems to have reversed. The downtrend has been replaced by the uptrend. Bitcoin increased by about 25% and Ethereum added almost 29%. As for altcoins, their growth is correlated with the two leading cryptocurrencies.Altcoin market review:DOGE +20%BNB +23%LTC +23%SHIB +30%MATIC +30%ATOM +31%DOT +32%KSM +38%ADA +40%AVAX +52%NEAR +70%Why crypto market reverseHaving revised their portfolios, investors are returning to risky assets. This came after the December FOMC meeting. The US regulator has slowed the pace of rate hikes for the first time since the beginning of the monetary policy tightening cycle.The Fed signaled that it did not intend to resort to more aggressive rate hikes. Nevertheless, investors considered this positive news and started to return to the stock market and even shift focus back to riskier assets, in particular, cryptocurrencies.The inflation data was released in the US on January 12. It boosted financial markets as the figure showed a solid slowdown in inflation for the sixth month in a row. The consumer price index in December was 6.5%, the lowest value since October 2021.US inflation stood at 7.1% in November 2022, down from 8.2% in September. The slowdown in inflation suggests that the Fed may soften its rhetoric in the foreseeable future.Against the background of easing inflationary pressure, several Fed officials confirmed the market's expectations that the regulator would soften its monetary policy.Philadelphia Fed President Patrick Harker:- It is time to switch to 0.25% rate hikes- Larger rate hikes are out of consideration- Inflation has peaked- Recession is unlikely, but US GDP growth is expected to slow down and unemployment to rise- Core inflation is likely to fall to 3.5% in 2023 and reach the Fed's target of 2% in 2025.As for the technical indicators of the cryptocurrency market, they point to a complete reversion in market sentiment. The HODL Waves indicator changed its direction. This may indicate new growth cycles in the crypto market. At the same time, the Puell Multiple indicator reached 0.74, the same level as in May. This could signal the beginning of a new cycle. BTC chart reviewThe yearlong bear market was left behind. Many investors are exhausted by the persistent FUD. The current surge in the cryptocurrency market is like a new lease of life. Bitcoin soared by almost 22% in just one week between January 9 and 15. This surge in the BTC price allowed the crypto to break out of the sideways channel of $16,000-$18,000. The market manage