Plus500 adds three new localised payment methods for deposits and withdrawals

December 13, 2021, 9:23 am UTC.

Plus500 adds three new localised payment methods for deposits and withdrawals

Customers now have even greater choice for conducting secure transactions on the Plus500 trading platform. This is another step in the company’s drive to enhance its user experience. 

These three payment methods were selected due to the ease of fund transfer they provide and their excellent levels of customer experience. These additions are in line with Plus500’s commitment to offering localised experiences, including support for over 30 languages, local versions of the Plus500 website and mobile app to access the optimal financial instruments in each region. 

PayNow is a leading payment services provider in Singapore, allowing clients to transfer funds securely and seamlessly via 10 participating banks and three participating non-bank financial Institutions in the country.

POLi is one of the most popular payment services in Australia, offering secure and smooth fund transfers through a network of 16 banks in Australia and seven in New Zealand. Google Pay, meanwhile has a global presence and allows transactions in the domestic currency of the country in which the service is being used.

Currently, the Google Pay option is available for Plus500 clients using the Android app of the Plus500 trading platform. For now, Google Pay is available for clients in selected countries. The company anticipates that Google Pay will soon be available for users across other regions and operating systems.

To select their preferred payment method, traders simply need to go to the Plus500 trading platform and choose from the various payment options offered. 

About Plus500

Since its inception in 2008, Plus500 has been committed to empowering traders with innovative technology tools for universal access to the global financial markets.  

Plus500 has built a strong reputation for its commitment to providing cutting-edge trading solutions to access the global financial markets. The company offers more than 2,500 financial instruments through its contract for difference (CFD) portfolio, including forex, stocks, indices and commodities as well as cryptocurrencies, exchange-traded funds and options. 

Through 2021, Plus500 has been executing its ambitious expansion plan, widening its CFD offerings across its existing markets, while entering new geographies. The company has also been focused on introducing new financial products to add to its already vast list of offerings. 

This year, the company has expanded its offerings to the US markets with the acquisition of futures commission merchant Cunningham Commodities LLC and technology trading platform provider Cunningham Trading Systems LLC. This is in line with Plus500’s vision to become the leading global multi-asset fintech company and to widen its offerings. 

In Europe, Plus500 launched a new share dealing platform, Plus500 Invest. This platform allows traders to access a wide range of financial instruments, including the most popular stocks and ETFs. 

Plus500 has sustained steady growth over a number of years, reflecting the company’s best-in-class proprietary platform and growing presence amongst both retail and professional traders across more than 50 countries and 30 languages. In Q3 2021, Plus500 reported revenue of $211.4 million with EBITDA of $128.6 million. The company added 26,169 new customers during the quarter, recording 166,310 active clients. 

For more information about Plus500, visit their website.

September 20, 2021, 2:53 pm UTC.

Finalto partners with BidFX

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

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

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

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

About Finalto

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

Finalto Liquidity (formerly CFH)

Finalto Trading (formerly TradeTech Alpha)

Finalto 360 (formerly TradeTech360)

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

About BidFX

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

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

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

For more information, please visit:

September 1, 2021, 3:11 pm UTC.

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

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

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

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

The Promise of Crypto Assets 

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

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

  • Inflation Might Be Here Sooner Than We Thought 

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

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

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

  • Bitcoin (BTC) is Not All That There is

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

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

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

Why Traders Prefer CFDs for Crypto Trading

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

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

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

A Commitment to Financial Innovation

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

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

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

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

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

August 23, 2021, 11:07 am UTC.

Tradeview Markets Opens Its Doors to EU Traders with Unmatched Trading Conditions

Leading global online financial service provider, Tradeview Markets, has officially made its entry into the EU in 2021 by obtaining a Category 2 Investment Services License from the Malta Financial Services Authority. With the establishment of Tradeview Europe Ltd., and an office in Malta, the company’s exceptional trading services are now available to both retail and institutional traders across Malta, France, Germany, Italy, Portugal and Spain

The Company has chosen Malta for its EU base due to the strong legal framework, excellent infrastructure, open stable economy and business environment the nation offers. 

The global Tradeview brand serves thousands of clients and affiliates worldwide and offers forex, CFDs, futures and equities trading via their online trading platforms. Traders in Malta, France, Germany, Italy, Portugal and Spain can now benefit from Tradeview’s ILC account structure that brings market-leading trading conditions and the lowest spreads in the industry, starting at 0.0 pips.

Tradeview’s ILC Account Structure Enables the Lowest Spreads in Industry

The proprietary account structure, Innovative Liquidity Connector (ILC), offered by the company provides access to the best bid/ask quotes from multiple top-tier liquidity providers. The ILC structure enables ECN trading with zero mark-ups and incredibly low commissions of just $2.50 per standard lot, per side. Traders can access the best prices in real-time via ILC’s BBO (best bid/best offer) system. Market volatility can be captured with low latency execution and minimal slippage.

Tradeview offers the most popular MT4 and MT5 platforms that can be easily tailored to suit the needs of clients. The state-of-the-art platforms offer multi-device accessibility, copy trading, expert advisors, multi-asset trading and signal subscriptions. Armed with in-depth ECN technology, these premier platforms provide complete turnkey solutions for online trading.

Tradeview Europe Ltd.’s clients can therefore benefit from exceptional trading conditions, with some of the lowest spreads in the industry and innovative technologies. The company provides its clients with a true ECN environment, meaning they don’t engage with a dealing desk or experience price manipulation. Tradeview’s ECN pricing is available to all ILC clients with no minimum volume requirements.

The company can accommodate traders of all styles and experiences subject to the satisfactory appropriateness test. Apart from the ILC account, clients can choose from other account types (individual or joint or corporate account) with similar trading conditions

Tradeview promises no ridiculous promotions, no gimmicks, no Formula 1 sponsorship, JUST SERIOUS TRADING, with the best trading conditions in the industry via a true ECN environment. 

Market Leader in Online Trading Technology 

Tradeview has a 17-year history of offering world-class trading services to retail traders on par with institutional clients. Through its cutting-edge technologies, ancillary account services, account security, and multi-jurisdictional client support services, the brand has been a leader in providing electronic direct market access to the forex and equity markets. 

Today, it is a global broker, offering exposure to 7 major asset classes. These include CFDs on the world’s most liquid currency pairs, precious metals, futures, energies, and cryptocurrencies. Tradeview also enables access to over 5,000 real shares including top US companies like Apple, Tesla, Netflix and ETFs on the S&P 500, NASDAQ 100 and more. 

In 2020, the company announced its sponsorship of TradeGATEHub, an educational and social trading website. The platform allows novice traders worldwide to connect with institutional grade traders via real-time chat where they can freely discuss trends and the latest news concerning the markets. TradeGATEHub acts as a centralised platform to provide access to the latest financial news, trading strategies, opinions, EAs, and more. 

Tradeview’s continued focus on client education, strong regulatory compliance, and excellent customer services has made it a brand to reckon with in the EU financial services landscape.

“We take great pride in the way we do business. We are committed to offering every client unmatched trading conditions so they can make the most of the financial markets. Despite continuous growth and expansion to new regions, this commitment has never taken a back seat. From educational resources to analytic tools and true ECN trading, we always ensure a market-leading trading environment,” Tradeview’s CEO, Tim Furey, stated. 

With a client-first approach and emphasis on regulatory compliance, Tradeview strives to connect its clients with leading technology for ease of trading.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Between 74-89% of retail investor accounts lose money when trading with CFDs. You should consider whether you can afford to take the high risk of losing your money. For further information on Tradeview and associated risks please refer to risk section.

Tradeview Europe Limited is licensed as a Category 2 in terms of the Investment Services Act and is regulated by the Malta Financial Services Authority (MFSA).

Names of stock mentioned were included purely for information purposes and should not be construed as investment advice. The value of such investments may go up as well as down and you may lose all your capital invested.

July 22, 2021, 11:34 am UTC.

Plus500 announces launch of Plus500 Invest, a new share trading platform

Leading global multi-asset fintech group Plus500 is pleased to announce the launch of a new share dealing platform, Plus500 Invest. The platform will focus on providing clients with a simple and user-friendly experience to trade the world’s most popular shares and ETFs listed on exchanges worldwide. As with its existing platform offering Contracts for Difference (CFDs), Plus500 Invest will provide its users with advanced tools for analysis. 

The announcement sees Plus500 move into mainstream stockbroking, adding a new dimension to the company’s growing product offering in line with its long-term vision to provide clients with unrivalled access to a range of financial and trading products, as it evolves into a multi-asset fintech group.

Invest in Stocks with Competitive Fees and Low Commissions

In contrast to many share trading platforms in the market, traders on Plus500 Invest will be able to trade with zero fees for:

  • Deposits and withdrawals
  • Inactivity 
  • Custodial fees
  • Dynamic charts and graphs
  • Market data and quotes 

Additionally, Plus500 Invest will offer competitive and transparent pricing, whilst remaining committed to low trading commissions.

Plus500 Offers a Gateway to Exchanges Worldwide

With Plus500 Invest, clients will be able to buy, sell and hold more than 1,200 financial instruments compromising of the world’s most popular stocks from the major indices in the US, UK, Germany and more, facilitating both portfolio diversification by both geography and sector as the global economy transitions into a post-pandemic world. 

The new platform will take the total number of instruments available to trade with Plus500 to over 3,700, with clients continuing to access Plus500’s expansive range of CFDs on a range of underlying global financial instruments across equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. The addition of Plus500 Invest extends Plus500’s industry-leading offering, providing a competitive and straightforward trading experience, without the burden of high trading commissions, or additional fees related to withdrawal, deposit, custodial or platform usage. 

An Intuitive Platform for Seamless Stock Trading 

Itself an established fintech group listed on the FTSE 250, Plus500 is firmly committed to providing the best possible trading experience for its customers. Leveraging its advanced technologies and proven capabilities to ensure its clients have maximum control over their trades, Plus500’s new product will allow traders to map out their strategies with integrated analytical charts and drawing tools, receive free email and push notifications on important market events and get a range of stock orders to choose from. All on a flexible and intuitive interface, traders who previously traded CFDs with Plus500 will find the Plus500 Invest to be very familiar, retaining a similar layout and screens. 

Exciting Times for Plus500

Having built its presence as a leading platform for trading CFDs for over twelve years, 2021 to date has seen Plus500 rapidly execute on its vision to leverage its best-in-class technology to enable market access to a growing pool of retail traders. Earlier this year the company announced its acquisition of Cunningham Commodities LLC, a regulated Futures Commission Merchant and Cunningham Trading Systems LLC, opening its platform up to the US clients, with the subsequent launch of Plus500 Invest in Europe reflecting the company’s ongoing commitment to broaden its offering as it transitions to become a global, multi-asset fintech group.

And ongoing interest in the financial markets is set to drive further growth for Plus500, with the volatility of the equity markets, in response to news and developments associated with the economic recovery and vaccine rollouts providing multiple trading opportunities.

David Zruia, CEO of Plus500, said:

“Our long-term ambition is to enable simplified, universal access to financial markets as we continue to transition into a global multi-asset Fintech Group. We are thrilled to be already making significant progress in delivering this vision, with the recent launch of Plus500 Invest and the acquisition of Cunningham and CTS, both of which ensure that Plus500 can offer customers a diversified portfolio of products.”

May 12, 2021, 11:25 am UTC.

Plus500 Reaffirms Its Commitment to Social Responsibility

With the increasing impact of organizations on society, corporate governance has become a vital aspect as well. Plus500 understands the importance of aligning corporate activities with their communities’ interests to build an equitable, sustainable and inclusive economy.

The Israel-based global fintech firm, with a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS), has always operated under the vision of opening up the global markets, making it accessible to traders at all levels of experience. It is one of the fastest-growing CFD providers enabling unparalleled conditions for trading in forex, equities, commodities, cryptocurrencies, ETFs and indices. As a fully regulated broker, client safety has always been a priority with client funds kept in separate bank accounts. This means that client funds are kept to the company’s operating funds, protecting their deposits against any eventualities. 

Technical innovation has been key to the company’s success and the Plus500 app is one of the highest-rated CFD trading app in the Apple app store and on Google Play. In 2020 the company stepped up its efforts to fulfil its commitment to giving back to the communities in which it operates through a number of proactive steps in 2020. 

Plus500 Takes the Lead in Employee Welfare and Social Responsibility

Covid-19 led to a drastic shift in work policies and culture worldwide. Plus500, operating through multiple subsidiaries across the world, quickly realised the importance of supporting its globally based employees to help them tackle the challenges brought on by the pandemic and continuing lockdowns.

For a highly regulated financial services company, ensuring compliance in a remote working scenario was of utmost importance. Providing employees the means to work within a compliant environment, without compromising on services to customers, was a primary goal. To achieve this, as well as providing the right technology and tools, support with childcare and employee well-being was also crucial.

The company also supported its local charities and hospitals through monetary contributions, which were used to purchase medical equipment and supplies for critical care facilities at the height of the pandemic.

The company also made donations to several local vulnerable communities that were impacted by the economic shock of the pandemic. In the absence of a means of livelihood, many disadvantaged families were unable to afford their children’s education, which had shifted online. The company contributed laptops and IT equipment to support distance learning for these families.

Contribution Towards the Australian Bush Fire Relief

Plus500 remains a key player in the regulated Australian market. The country, which was impacted by the Australian bushfires in mid-January 2020, has seen long-lasting damage to the country’s biodiversity, ecology and public health as a result of the catastrophic event. 

To help local communities recover from this tragedy, Plus500 contributed to fundraising efforts by a number of charities that were supporting relief activities. As a main sponsor of the Australian rugby union team, The Brumbies, Plus500 also supported the #WeAreOne campaign to support the recovery and rebuilding effort.

Establishment of Environmental, Social & Governance Committee

Plus500 is one of the leading fintech innovators that also takes its responsibilities towards society and the environment seriously. To review the company’s activities in these areas and align them with industry best practices, it recently established a committee on Environmental, Social and Governance (ESG).

The key areas of governance for the ESG Committee will include determining ESG priorities and risk factors. It will also carve out the future framework of its approach to these areas.

Commitment to Gender and Talent Diversity

Over the past 12 months, Plus500 has made several changes in its top organisational structure, to continue to broaden its expertise and increase diversity across the board. In the Annual General Meeting (AGM) in September 2020, the company announced the appointment of Anne Grim to its Board of Directors, as a Non-Executive Director. Ms Grim has over 3 decades of experience in the financial services sector, in areas of customer experience, technological innovation, strategic planning and execution. She has held several senior positions in large financial firms, most recently as Chief of Customer Services at Fidelity. 

In February 2021, Sigalia Heifetz joined the Board of Directors in the capacity of Non-Executive Director. Over the years, Ms Heifetz has advised many Israel-based companies across different sectors, in their international expansion strategies. 

Plus500 has appointed Tami Gottlieb as External and Non-Executive Director. Ms Gottlieb has extensive experience in the financial services sector, in the areas of investment banking, corporate finance, business development and M&A. She currently serves as External Director of Bank Leumi; one of Israel’s largest commercial banks. 

In early May 2021, Plus500 welcomed Professor Jacob A. Frenkel, a renowned global economist and business leader, to the role of Chairman of the company’s Board of Directors. Serving on a number of high-profile boards, Professor Frenkel is the current Chairman of the Board of Trustees of the Group of Thirty (“G-30”), a private non-profit consultative group on international economic and monetary affairs. Professor Frenkel has a track record of over 40 years in global macroeconomics, during which time he has built up significant experience in leading and advising a number of high profile multi-national financial institutions, including inter alia, JPMorgan Chase, AIG, Merrill Lynch.

These key changes are in line with the company’s commitment to enhancing diversity, which helps it provide services tailored to each region, taking into account the local culture, needs and preferences.

It also illustrates the Group’s continued investment in recruiting high calibre talent and expertise from different parts of the world, reflecting its commitment to strengthening its robust functional infrastructure and resources. 

Evolution from a CFD Tech Provider to a Multi-Asset Fintech Group

Over the next few years, the company is set to implement strategic plans to expand its offerings in new markets and develop new financial and trading products, apart from CFDs. 

Through organic investments in R&D and marketing tech capabilities, the company also aims to continue acquiring new clients, supporting them with superior trading performance and expanding their trading opportunities. 

In line with this vision, Plus500 is set to acquire US-based Cunningham Commodities LLC., a regulated Futures Commission Merchant and Cunningham Trading Systems LLC., a technology trading platform provider, operating in the futures, and options on futures, market in the US. The acquisition represents a major growth opportunity for Plus500, allowing the company to instantly expand its geographic footprint.

While 2020 was a difficult year for everyone, Plus500 continued to grow from strength to strength due to its commitment to providing customer-first services and supporting its employees to work to their best ability, even in the remote working environment. As a result, the company witnessed the strong operational and financial performance. Plus500’s proprietary technology was key to managing the significant increase in trading volumes in 2020. 

With an effective corporate governance framework and a strategy for continued product innovation, the company is well-positioned to further its position as a global market leader in the fintech sector. 

November 24, 2020, 6:22 pm UTC.

TitanFX becomes the latest member of the Financial Commission

Today, the FX industry’s external dispute resolution (EDR) organization, Financial Commission, announces TitanFX – one of the Financial Markets Association of Vanuatu participants, as its newest approved Member.

TitanFX’s membership took effect on November 23, 2020, following the approval of its membership application by FinaCom board, thus allowing the company and its customers access to a wide range of services, including, but not limited to, protection for up to EUR 20,000 per the submitted complaint, backed by the Financial Commission’s compensation fund.

Financial Commission provides brokerages and their customers with an unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes.

For approved members and their clients participating in CFDs and foreign exchange (forex) markets, Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.

TitanFX joins a diverse range of brokerages and independent services providers (ISPs) that utilize the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements.

October 21, 2020, 11:22 am UTC.

Skilling Unveils World-Class Chess Legend Magnus Carlsen as Global Brand Ambassador

FX and CFD trading platform Skilling has announced global superstar Magnus Carlsen, reigning World Chess Champion and the top ranked player in the world, as their official global brand ambassador.

The initial one-year partnership sees Carlsen become the face of Skilling, with tournament sponsorship, television exposure, digital, social and video rights all included within the deal.

Carlsen will wear the Skilling logo on the sleeve of his jacket and shirt during tournaments, while Skilling will also benefit from exposure across Carlsen’s digital and social media channels.

Skilling will also become Play Magnus’ title partner, with the Champions Chess Tour 2021 Tournament 1 to be officially entitled the ‘Skilling Open’ on all Play Magnus broadcasts globally. The tournament is scheduled to run from November 22nd to November 30th.

Most of the world´s top chess players are expected to participate in the exclusive online tournament, with Skilling featured in player’s backdrops when playing matches, and every player hashtagging #SkillingOpen across social media.

The previous Tour was the first online chess event to be distributed across broadcast TV in Europe, Asia, and Russia. The previous Magnus Carlsen Champion Chess Tour captured 70 million viewers.

Securing a partnership with the biggest name in chess is a moment of immense significance for the Scandinavian-owned fintech brand, which, despite only being launched in 2019, is already firmly established in the trading sector, and now counts ‘The Mozart of Chess’ as the face of the Skilling brand.

The Skilling trading platform is user-friendly for beginners, and intuitive for experienced traders, with the aim of bringing transparency, accessibility, and simplicity to the traditionally opaque trading process. Skilling users can trade in more than 800 forex and CFD financial instruments, including currency pairs, cryptocurrencies, indices and popular commodities.

André Lavold, CEO and Co-founder of Skilling, said:

“Knowing how selective and discerning Magnus is in his choice of strategic partners, this feels like a watershed moment for Skilling, and an emphatic affirmation that we are building a platform that can reshape the world of trading.

Our respect for Magnus as a competitor is enormous, and we see this as a natural partnership owing to the intellectual overlap between chess and trading. Both demand focus, risk management and the ability to think ahead.

Magnus is an icon to millions of people from all over the world, and we look forward to seeing how their skills can transfer onto the Skilling platform.”

Magnus Carlsen said: “I have been fascinated by Skilling as a fintech player, and that I like their desire to make things accessible and easy for both beginners and those with experience. We share the view that everyone with an interest in something should have the opportunity to utilize and develop their full potential.”

October 16, 2020, 6:08 pm UTC.

ACY Securities becomes the Official Trading Sponsor of the Australian Turf Club

ACY Securities, the award-winning ASIC-regulated multi asset online trading provider has entered into a sponsorship deal with the Australian Turf Club (ATC), one of Australia’s most exclusive thoroughbred horseracing clubs and organiser of the world’s richest race on turf – The Everest.

Under the new sponsorship, which will be formally announced at the ACY Securities 10th Anniversary gala dinner in February 2021, the fintech broker will become the Official Trading Sponsor of the ATC.

To celebrate the new relationship, the Australian Turf Club has named the Victory Vein Plate as the ACY Securities Victory Vein Plate, which will take place as race number 1 at The Everest tomorrow – the showcase event of the Sydney Spring Racing Carnival.

Jimmy Ye, Co-Director of ACY Securities said that ACY Securities was proud to be the Official Trading Sponsor of an organisation that has been bringing people together through horseracing for over 150 years.

“The ATC has been bringing people together and providing a uniquely thrilling experience through the magnificent sport of horseracing for over 150 years. Their events are a source of inspiration and excitement and we are proud to be their Official Trading Partner” said Mr Ye in a statement this afternoon.

The Everest will take place at Sydney’s Royal Randwick and being the richest race in Australia and richest turf race in the word, it will be broadcast to an audience of millions globally.

September 30, 2020, 7:10 pm UTC.

AxiTrader Becomes Axi and Launches Funding Program for Traders

Axitrader, a top 10 global online broker for retail and institutional customers, has rebranded to become Axi.

The new brand represents a bold move away from category norms, capturing the excitement of trading the markets while reflecting the human, customer-centric approach that is at the heart of the Axi brand.

Launches Axi Select incubation program: Giving traders the edge

Coinciding with the rebrand and new Axi name is the launch of Axi Select, an incubation program designed to provide talented retail traders with an equal opportunity to become full-time professional traders.

To date, Axi Select has allocated over A$10 million to traders who have entered the program. Under this unique program, Axi provides retail traders with the necessary tools – including an Artificial Intelligence-backed performance analysis platform called PsyQuation – plus the funding to get them on the path to professional trading.

Axi Select is at the core of Axi’s offering and one of the major components in the new brand’s message of ‘trading your edge’.

Encouraging traders to realise their ambitions

The new name comes with a new logo, with the edge of ‘X’ reflecting an upward move in the markets and symbolising ‘the edge’ that every trader needs. The new tagline Trade your edge’ encourages traders to capitalise on their self-belief and realise their ambitions.

Axi wants the new brand to appeal beyond professional traders and institutions, intending for it to also resonate with potential traders and investors around the world.

Partnership with Manchester City Football Club

A core part of this strategy comes with today’s announcement of a multi-year partnership with Manchester City Football Club.

This is the first major sports partnership for Axi and will help the company create a global awareness for its new tagline ‘Trade your edge’ through high-profile placements within the Etihad Stadium, on the City website, and also through activations with customers and fans online and at events with a range of exclusive offers and promotions.

Rajesh Yohannan, CEO at Axi said: “We have introduced a lot of innovation over the past few years – a more robust platform and a wider range of products for our clients around the world. This rebrand to Axi reflects our continuing efforts to deliver the trading edge for every trader.”

Louis Cooper, Chief Commercial Officer at Axi said: “At the core of Axi is the vision to enable every trader to ‘Trade your edge’. And we believe that as we expand to more regions, more traders can benefit from our wide range of trading products and services.”

Regarding the partnership with Manchester City, Mr. Cooper said: “As we started looking into relaunching our brand, we felt there were lots of similarities with how the world’s leading football clubs are focused around gaining that competitive edge and Manchester City personified that.”

He added, “The refresh of the Axi brand and the partnership with Manchester City is part of our strategy to make our brand, award-winning services and product portfolio more accessible to more traders across the 100+ countries we operate in.”

About Axi 

Axi is a global online FX and CFD trading company, trusted by thousands of ambitious customers in 100+ countries around the world. We help new traders, pro-traders, trading businesses, banks, and financial organizations find the edge they need to achieve their financial goals through informed transactions made on the world’s financial markets. Axi offers a wide range of assets including CFDs for several asset classes including forex, gold, silver, coffee, and other commodities.

At Axi, we are proud of our reputation as an honest, fair, and trusted broker. Our many awards and ‘excellent’ reviews through Trustpilot, prove we have earned the confidence of customers who value our outstanding service, fast execution, secure payments, segregated funds, and easy withdrawals.

Moreover, we also work pro-actively with the leading regulatory governing authorities globally to ensure we exceed the highest standards in the industry.

September 29, 2020, 11:44 am UTC.

HotForex celebrates double award triumph in Africa

 HotForex, the internationally acclaimed multi-asset broker on CFDs, has raised the bar in the FX industry since the company has received two prestigious titles from International Business Magazine, the “Best Trading Experience Africa 2020” and the “Best Client Fund Security Africa 2020”, in recognition of the quality of the trading experience and the high levels of fund security provided to its traders and investors across Africa. 

Since the company’s inception, its mission and business strategy have remained 100% client-focused. The range of products and services is very wide providing a rewarding trading experience and a more professional trading environment for traders. The company also complies with a strict regulatory framework and is constantly refining practices to ensure the highest possible levels of reassurance for clients and their funds. Negative balance protection, a market leading civil liability insurance program and segregation of funds are some of the measures HotForex has taken in order to provide a comforting and secure environment for clients. 

HotForex CEO George Koumantaris commented: “We are all very pleased and honored for this great achievement. It is an affirmation that we always put our clients at the core of our business. We welcome this award and continue to work hard towards meeting the demands of our clients.”

September 23, 2020, 7:28 am UTC.

TraderEvolution partners with Singaporean broker-bealer UOBKayHian

One of the most rapidly growing end-to-end technology providers in the industry, TraderEvolution, continues to increase its portfolio of partnerships. The latest deal the company announces is with one of the largest broker-dealers in Singapore, UOBKayHian. The firms have announced a new partnership which will enable the brokerage company to offer a seamless multi-asset trading platform solution to its clients.

The broker-dealer based in Singapore has a strong regional presence and is committed to the continued development of its offering. With the ongoing development of new products, featuring multiple asset classes, the firm has turned to a proven technology leader in the industry to deliver a next-generation experience to UOBKayHian’s retail and high net worth individuals and corporate clients.

TraderEvolution is complimentary to the broker’s strategy to offer its clients access to trading a multitude of asset classes, including futures, and listed options as well as CFDs on equities and indices, leveraged FX and metals. UOBKayHian’s partnership with the multi-asset platform provider ensures the scalability of its offering and seamless perspective for adding access to more financial instruments.

“The addition of this important partnership in the Far East perfectly underscores our capability to adapt to the needs of different markets. The combination of multi-market product offering, retail and corporate clientele and specifically customized requirements made this project to be very much in line with our specialization. We are continuing our expansion across different geographies and are pleased to help with such ambitious projects,” the CEO of TraderEvolution, Roman Nalivayko commented.

September 22, 2020, 5:58 pm UTC.

CFH announces its Zero hold time liquidity pool in response to market requirements

CFH have created a dedicated Zero hold time liquidity pool that is aimed at clients whose priority is speed of execution and those who want multiple liquidity pools for different trading strategies or requirements, all through a single account where everything is fully cross margined and netted down automatically providing a capital and cost efficient solution.

Counterparties in the prime of prime space tend to focus on speed of execution or good pricing with a hold time meaning that traders who want to take advantage of both have to sign-up in two places and split their funds. With CFH you can trade on both through the same account.

“Historically there has been a trade-off between speed of execution and pricing. Traders should have the option to choose which is right for them based on their trading style and requirements.” Andy Biggs, Head of Liquidity, CFH

The CFH Liquidity Team has curated a Zero hold time pool that minimises the gap in pricing to standard feeds and has sustainable pricing that performs well in times of volatility.

CFH’s Liquidity Partner XTX Markets, already operates this model and both companies believe that the market will move to a Zero hold time model in the future as the justification for imposing a holding window weakens, due to the speed at which primary market data is updating.

“Extending Zero hold time liquidity is a fantastic initiative. This product shows there is no reason for hedge funds and established brokers to accept excessive last look windows or quotes they cannot hit, in today’s market.” Matt Clarke, Head of Distribution and Liquidity Management EMEA, XTX Markets



August 27, 2020, 7:17 pm UTC.

ATFX adds Autochartist to its official WeChat account

The global award-winning broker ATFX has just added Autochartist analytics and actionable content to their official WeChat account. Autochartist is a program which can identify chart patterns using technical indicators such as Fibonacci retracements.

It monitors markets 24 hours a day, alerting you to trading opportunities in real time.

The Chinese-speaking market is crucial for ATFX, which is why the company has prioritised this area for the integration of Autochartist into WeChat. An added bonus is that this development will increase customer engagement. ATFX’s official WeChat account which includes their company profile, educational videos, news, market insights, will now contain snippets of daily analysis provided by Autochartist.

Adding Autochartist analytics to their WeChat account will be valuable for ATFX for a number of reasons. The program provides analysis to cater for all levels of traders, from beginners to advanced. ATFX will provide its clients with some of the best market analysis available on its official WeChat. Now clients can use the technical features, including chart pattern recognition, in conjunction with WeChat.

Traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility.

Jeffrey Siu, the Chief Operating Officer at ATFX Group commented, “WeChat is the default social communication of choice to reach our target Chinese-speaking audiences. The Autochartist content on WeChat is engaging and builds awareness. This gives our valued customers confidence to make smart trading decisions.

August 12, 2020, 8:25 am UTC.

TraderEvolution Integrates ICE Data Services Consolidated Feed

End-to-end trading technology provider TraderEvolution continues to build up its strategic relationships with a brand new integration with ICE Data Services. The collaboration enables TraderEvolution to offer its customers unique pricing and normalized exchange data from ICE Data Services’ Consolidated Feed. ICE Data Services is part of Intercontinental Exchange (NYSE:ICE).

The ICE Consolidated Feed aggregates content from 600+ sources and offers cost-effective, low latency access to depth-of-market data and multi-asset content to power proprietary and 3rd party applications and desktops across the front, middle and back office.

The multi-asset class coverage, including high quality evaluated pricing, spans across equities, derivatives, fixed income, foreign exchange, money markets, commodities, energy and ETFs, and now becomes readily available to TraderEvolution’s broker customers.

Commenting on the collaboration, the CEO of TraderEvolution, Roman Nalivayko said: “We are very excited to unveil this data-oriented collaboration. ICE Data Services provides global coverage which is in line with the concept that we pursue at TraderEvolution to offer a universal and diversified multi-market solution. This integration is important for us to deliver a fully-functional trading software covering multiple global markets.”

With more and more brokerages expanding into multi-asset trading, firms are dealing with an increasingly large and complex pool of assets sourced from different trading venues. This requires easily scalable trading technology for obtaining, managing and distributing market data. TraderEvolution enables its broker customers to add real-time and delayed quotes, as well as automated instrument updates. For brokers that aggregate data from numerous exchanges around the globe and manage thousands of instruments, automation has become a mission-critical part of their processes.

About TraderEvolution

TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a back-end with established connectivities to dozens of markets across the globe, and a complex front-end suite with web, mobile and desktop applications. The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or to complement their existing solutions. For more information please visit:

July 30, 2020, 11:10 am UTC.

Traders embrace the 2020 Trading Cup in record numbers

The 2020 Trading Cup, an international trading tournament which is currently in its second stage of competition, has registered a record number of entrants joining the contest, making this year’s contest the most popular since it began in 2018.

With 6 stages that run for a month each, the Trading Cup contest is the only one of its kind in the world, with a UFC style 1-hour Grand Final taking place to crown the best performing trader.

Attracting traders from all walks of life and from all over the world, the competition sees a variety of different trading strategies and tactics being used by contestants to out-trade each other.

When asked about which trading strategies are producing the winning results for the traders on top of the Leaderboard, Ashley Jessen, Head of Marketing at ACY Securities said that there is no one style of trading that stands out as the absolute best.

“We can categorically say that over the 3 years we have run this competition, there is no one style of trading that stands out as the absolute best. In Stage 1 this year, the top trader made over 782% after placing 1,037 trades. Yet in Stage 2 so far, the top trader has held one core position on Gold for the entire month. Two very different trading styles, yet both victorious” said Mr Jessen in a written statement today.

Christian Dove, Director at Synergy Markets, which is a major sponsor of the competition, said that the competition was designed to provide a competitive platform for traders and whether they join to win or join to learn about themselves as traders, it was likely to be an experience they will always remember.

“The Trading Cup contest is designed to provide traders a global stage to showcase their trading ability and battle each other in a competitive environment for a share in the US $150,000 prize pool. That’s why the contest is sometimes referred to as the UFC of trading” said Mr Dove in an interview this morning.

“But whether you are joining the contest to be crowned champion or you are joining to test how your trading style and mindset stack up against other traders, it is likely to be a unique and unforgettable experience – maybe even an experience of a lifetime if you make the grand final” Mr Dove continued to say.

Last year’s Grand Final was broadcast live around the world from the Studio City e-Sports arena in Macau. The 2020 Grand Final is slated to take place in either Singapore, London or Dubai, with the final decision expected to be announced after Stage 4.

To see how the top 10 traders of the 2020 Trading Cup are performing in Stage 2 (the Leaderboard is updated every hour), or to enter Stage 3 of the competition, visit the tournament’s official website by clicking here.

Image: Tim Cahill, former Everton superstar and Australian football legend speaks about the 2020 Trading Cup


July 24, 2020, 11:06 am UTC.

ACY Securities named Australia’s Best Broker in 2020

ACY Securities, the Fintech focused multi-asset broker headquartered in Sydney, has been named “Best Multi-Asset Broker in Australia in 2020” by leading tech magazine Technology Era.

Technology Era, which made the announcement in its special Forex Trading issue published this week, said that it was a unanimous decision to acknowledge ACY Securities as Australia’s best broker in 2020.

The published magazine article stated, “Taking into consideration the key features and products offered by ACY Securities, such as institutional-grade trading conditions, premium education, cut-through market analysis, an industry-leading client portal, and a global share CFD offering with 1:25 leverage , it was not a difficult decision for us to unanimously award ACY Securities the “Best Multi-Asset Broker in Australia for 2020”.

Justin Pooni, Head of Branding & Communications at ACY Securities, said that providing clients premium trading conditions and exceptional customer service was at the core of ACY’s value proposition and that the company is always looking for new and innovative ways to deliver clients the finest trading experience.

“Providing clients the best possible trading conditions coupled with exceptional client service and support is what ACY is all about, and we will always strive to challenge the status quo and deliver the finest of trading experiences to our clients” said Mr Pooni in a statement this morning.

ACY Securities has been the recipient of many awards and accolades in the last few years, including being named “Best Forex Broker – 2018” by International Business Summit, “Best Investor Education Broker – 2016 ” by FX168 Brokers Billboard, and “Best Forex Broker in Australia – 2015” by the prestigious Global Financial Market Review.

Read the article published by Technology Era here.

July 20, 2020, 1:52 pm UTC.

AxiTrader Economic Calendar – Guest Analysis

By Stephen Innes, Global Chief Market Strategist, AxiTrader

Week Ahead

Last week was another emotional roller coaster for investors who were left weighing the progress on a possible vaccine cure versus the increase in Covid-19 cases.

Coronavirus infection counts in the US, Brazil, India and elsewhere are prompting concerns about the health of the economic recovery, but the real story should be how on earth the S&P 500 remains enduringly bid even as worsening economic signals are now the best-case scenario. It’s a perplexing market that has many traders ignoring the newsreels in favor of price action alone.

In the US, while the number of new Covid-19 cases in earlier hotspots continues to decrease, rising infection rates in places such as Florida, California, Texas, Arizona and much of the South have bent the epi-curve for the country as a whole upwards. Moreover, rising mortality growth rates in about half of the states indicate that the spike in cases is not solely due to more testing. Updated estimates show that about 50-80% of GDP comes from counties that have seen worsening Covid trends, demonstrating that the virus’s continued spread remains a significant downside risk to the outlook.

This week’s jobless claims data will take on elevated significance, given that they correspond with the survey period for July nonfarm payrolls. It’s been documented by readily available mobility data that they’re are seeing a leveling off in small business activity and restaurant seating, mainly in response to the virus flare-ups and lockdowns in the most affected states which could have a more pronounced effect on the labor data until the lockdowns are lifted. Indeed, the US labor market could face more significant headwinds for some time.

This week’s economic calendar is relatively sparse, more so given that we’re entering the Fed blackout period ahead of its July 28-29 FOMC meeting. We’re another full week away before the FOMC effect turns full tap, but with Chair Powell peeking around the curtain waiting to rush the stage and deliver familiar themes – be it a small overshoot of the inflation target or their sustained dovish communication – it all continues to suppress longer-term yields. And at the same time, short term rates remain anchored to the Fed’s unambiguous policy of lower interest rates for as far as the eye can see. So, there should be little debate that hawks and centrists alike will continue to roost with the doves.

As for YCC, which continues to fill the Fed watcher’s speculative policy sphere, it remains a tool to be considered when guidance is not working. The Fed hasn’t rushed into YCC because it doesn’t need to; its purchases, coupled with “forward guidance” and the market’s principle behavior, are holding yields down. The curve is flat, the front-end low, hence there’s no need for the Fed to step in and fiddle with the curve or cap policies. Why fix what isn’t broken?

However, it’s fiscal policy headlines that might be a key focus this week as Senate Republicans are expected to release their specific plan for the next stimulus package. The consequences of government income support, which faces potential “benefits cliffs” – will be crucial to support Main Street’s back, even more so with civil unrest rife throughout the US.

The $600 per week in Federal Pandemic Unemployment Compensation (FPUC) is set to expire at the end of the month. Given the short period for negotiations, there’s a rising possibility that something does not get done for a few weeks beyond expiry.

As we move into the summer holidays, FX markets will be reacting to the outcome from the European Council summit on the recovery fund, so it should be a busy week for Forex Traders

The Nasdaq is taking a breather while Cyclicals outperform as positive vaccine headlines continue to pique investor interest. NFLX did not de-rail the Growth/Momentum trade but showed how elevated expectations have become for the ‘At-Home’ trade beneficiaries; expect a pick-up in single-stock dispersion under the hood.

The internal market dynamic remains strong with multiple short-term bullish market signals and technical support having kicked in since last week. There has been consistent, systematic buying by risk control and risk parity funds.

There’s a ton of earnings: clinical trial data on the AstraZeneca/Oxford vaccine candidate; testimony from vaccine companies; the market will digest the July 17/18 EU Summit; fifth US fiscal stimulus bill; July Flash PMIs.

So buckle in – it could be a fast-paced and action-filled week.


Sticking with the China blueprint, China’s Q2 GDP came in better than forecast. Many now think the near-term peak is in as the recovery has begun to slow, especially in the retail area. Trade data, however, surprised the upside in June.

Korea will be Asia’s main focus next week, however, the data could be less fortunate. The current whisper is for South Korea to report a 1.9% qoq a decline in GDP in Q2, leaving yoy growth at -1.6% in Q2, vs. +1.4% in Q1. While this marks its second quarterly contraction, using the China V shape recovery blueprint, the worst is likely behind.

Find out more about AxiTrader here