AvaTrade Partners with FutexLive to Provide Trading Courses

AvaTrade, an internationally-regulated Forex broker, has announced its partnership with FutexLive, an interactive online trader knowledge portal whose goal is to help traders learn how to trade profitably. FutexLive offers Forex learning at a quick speed to help traders develop an edge in their trading as soon as possible.AVATrade

FutexLive also offers live daily market analysis and educational classes that provide traders with an in-depth understanding of market movements, how to read technical charts and other topics that are critical for anyone who wants to become a long-term trader.

AvaTrade was launched in 2006 and has become one of the leading Forex brokers worldwide, with regulation in the European Union, Japan, Australia, South Africa and the British Virgin Islands. The brokerage offers currency and commodity trading, CFD trading and spread betting opportunities. To learn more, read our full AvaTrade review.

eToro Launches CopyFunding to Merge Thematic Investing with Social Trading

EtoroeToro, an innovative and socially-conscious Forex brokerage announced last week its latest offering, the CopyFunding platform.  Unveiled on November 8 at the 2016 Web Summit in Lisbon, CopyFunding allows traders to focus their trades on specific sectors or to follow successful social traders who are have used the eToro social trading platform to trade profitably over extended periods of time.  This type of thematic investing has become popular worldwide, and is often used by stock and currency traders to keep their focus on trading assets that they think have the best potential for growth.

A New Twist on eToro Social Trading

One example of a market-based CopyFunding opportunity would be to follow the “InTheGame” CopyFund, which is comprised of holdings of top assets in the gaming sector, such as CFD stocks of EA, Activision, Sony and more.  Traders looking to follow other traders, rather than specific sectors of their own choosing, can opt for “Top Trader CopyFunds,” which are comprised of the best traders on eToro.  To identify these top traders, eToro’s algorithm searches over 5 million of the company’s traders, determines which of those traders will be the most likely to be profitable in the next quarter, and creates eToro CopyFunds from these top traders based on different parameters, such as the risk-reward ratio.  Traders can then choose which Top Trader CopyFund to follow based on which best suits their personal trading style.

To celebrate the launch of this exciting new product, eToro is currently offering 0% management fees for traders using CopyFunding.  A minimum of $5000 is required to begin using CopyFunding.

Learn more about eToro in our comprehensive eToro review, and decide if this is the right investment product for your specific needs.

DailyForex App Adds Push Notifications for Price Alerts

The Company’s Android and iOS Apps Keep Traders Updated Around the Clock

FORT LAUDERDALE, Fla.Nov. 15, 2016PRLog — DailyForex, a company that provides currency traders with updates and analysis about the currency markets, has announced today the update of its Android and iOS DailyForex mobile application to include instant push notifications that will alert traders every time certain price triggers are hit.

DailyForex’s new alerts service sends immediate, easy-to-follow push notifications to all users when significant price events happen to the major currency pairs. The company’s trading team discovered that most typical, generic offerings are mainly indicator or news-based, and therefore they tend to simply generate noise rather than provide a real value to Forex traders. To solve this problem, the company’s talented technical team worked diligently with its daily traders to create a notification system that would be based upon real-time market triggers.

“Traders tend to find better success when they focus on the price and not lagging indicators,” said Adam Lemon, chief analyst at DailyForex. “I know that these notifications will help thousands of users, and I hope we can expand this feature soon to make it even more useful.”

The result was a push notification system based solely upon significant, relative price events which have been used for centuries as basic building blocks by professional traders to good effect. Each push notification has a direct headline that tells traders of the market action, which opens into a more detailed message explaining the significance of the price event.

About DailyForex

DailyForex was established out of a strong need for a Forex website that provides all the information necessary to become a successful Forex trader. DailyForex.com provides in-depth reviews of Forex brokers, signal providers, online and offline Forex courses, as well as Forex products. Our goal is to provide both new and experienced Forex traders with a set of clear and easy-to-use tools that will enable them to make educated decisions when choosing any type of Forex-related service.

http://www.dailyforex.com

Kawase Appoints New CEO

Kawase, a Forex broker that is based and regulated in Cyprus, is happy to announce the appointment of a new CEO, Alex Katsaros. With a BA in accounting and an MBA in finance, Mr. Katsaros bring with him both proper educational training and on-the-job experience that will should help him propel Kawase forward as a leading Forex brokerage.

Prior to joining Kawase Mr. Katsaros was the Head of Product Development for cTrader, the trading platform that is currently used by Kawase and many other Forex brokerages. Mr. Katsaros began his career as a professional trader and maintains numerous licenses and professional certifications including a CySEC advanced license and CISI’s Investment Management certificate.

About his recent appointment, Mr. Katsoras said: “I am very honoured and excited to expand our services and introduce Kawase’s ethos, transparency and great service to more clients around the globe. My vision is for Kawase to be the leading cTrader broker by leveraging our deep understanding of the platform. Our efforts will be focused around our core values: fairness, transparency, innovative technology and high quality support.”

The appointment coincided with the company’s recent rebranding and redesign efforts which have created a sharper, more intuitive website. The company’s efforts to provide top-notch technical solutions with an easy-to-follow website and top notch customer support make it a brand that is worth trying. To learn more about Kawase and its offerings, read our full Kawase review.

Is a High-Pressure Economy in the U.S.’s Future?

On Friday Federal Reserve President Janet Yellen told a conference of policymakers that a ‘high-pressure’ economy may be necessary to undo the damage caused by the 2008-2009 financial crisis that caused decreased output and decreased employment opportunities. Yellen’s comments caused swift reactions in the markets, with U.S. Treasury prices falling sharply and yields shooting higher for the third consecutive week. Analysts began to speculate that such high pressure policies could pose the risk of higher inflation even while improving the economy by creating more jobs and boosting consumption.

In conjunction with Yellen’s comments on Friday, stronger-than-expected U.S. economic data was released, with retail sales showing a rise of 0.6 percent in September, the strongest gain in four months. Producer prices also showed a rise better than expected on Friday, with a rise of 0.3 percent instead of the anticipated 0.2 percent increase. Following these reports, analysts remain largely hawkish for a December rate hike. The U.S. dollar index closed at six-month highs on Friday, closing at 99.997, fueled by Yellen’s comments and the data reports.

Despite the barrage of U.S. data out last week, traders are looking towards other currencies and reports in the coming week, including China’s Q3 GDP number, U.K. employment reports and the RBA minutes. The upcoming ECB meeting will also keep eyes glued to the euro, which has recently hit lows of 1.10 against the greenback. Personally, I’ll be happy to look away from the U.S. for a minute, both from the election drama and the ongoing rate hike saga. What are you looking towards next month?

FXCM Stock to Move from NYSE to NASDAQ

Global Forex broker FXCM announced on September 13, 2016 that it is transferring its stock trading from the New York Stock Exchange (NYSE) to the Nasdaq Global Market. The company’s final day of trading on the NYSE will be on Friday, September 23, 2016. Trading will commence on Monday, September 26, 2016 on the NASDAQ. The company’s trading symbol will remain FXCM.

In its press release about the change, there was no reason given. The company’s CEO did note that “At this time we feel moving our shares to NASDAQ is the right decision for our business. We recognize all that the New York Stock Exchange has done for us over the last few years, and we look forward to our shares trading on Nasdaq.”

FXCM’s stock has been the subject of much scrutiny since dropping close to 90 percent after the Swiss National Bank unlinked its currency in January 2015. By September 2015, the company’s stock had plummeted to under $1 per share, and the company faced ejection by the NYSE because its price breached the exchange’s standards. The company’s stock price eventually bounced back to nearly $25 before settling in at lower levels. At the close of the NYSE yesterday FXCM stock was trading at $9.25 per share.

NYSE vs. NASDAQ

The primary difference between the NYSE and NASDAQ exchanges is the way the transactions take place. The NYSE is an auction market through which individual traders buy and sell between one another and an auction occurs to match the highest bidding price with the lowest asking price. The Nasdaq, on the other hand, is a dealer’s market in which traders aren’t trading with each other, but through a dealer or market maker.

The price for getting listed on the Nasdaq is only $50,000 to $70,000, while a listing on the NYSE can be up to $500,000. For this reason, Nasdaq stocks are generally thought to be more tech-oriented and to have higher volatility and potential for growth, whereas NYSE stocks tend to be more stable and established companies.