Swissquote Ventures into Digital Banking, Offering Multi-currency, Crypto-friendly Packages

Swissquote Ventures into Digital Banking

Swissquote, a leading Swiss financial services provider renowned for its trading services, has made its inaugural step into the digital banking world with the introduction of two daily banking packages, namely 'Bright' and 'Light'.

The foray into this new business avenue comes in response to the growing demand for comprehensive digital banking services that blend the conveniences of daily banking with a multi-currency and crypto-friendly debit card. These cards will be issued by Mastercard, further cementing broker's partnership with the card giant.

  • Detailing the company's newest offering, Jan De Schepper, Chief Sales and Marketing Officer at Swissquote, remarked, "Our novel banking and debit card packages have been meticulously crafted to cater to an evident demand that has resonated strongly with our client base – a desire for a multi-currency, crypto-accepting, wholly digital banking solution."

The 'Bright' package, dubbed by the broker as the "most complete banking package", encompasses both physical and digital debit cards. This offering, however, is subject to a monthly fee of CHF 6.9 post its initial six-month free service period. In contrast, the 'Light' package, free of any charges, extends only a virtual debit card, though it does not skimp on any of the banking services.

Further sweetening the 'Bright' package are perks like cost-free transactions across 13 currencies and up to five complimentary ATM withdrawals each month. Remarkably, its Mastercard debit card also accommodates payments made in popular cryptocurrencies, such as Bitcoin, Ethereum, and Ripple. The broker also alluded to their intentions to broaden this crypto repertoire in the foreseeable future.

Another unique incentive, the Trading Credit cashback program, is set to benefit Swissquote's banking clientele. Users earn Trading Credits upon their spending, which can subsequently be leveraged for trading activities at a discounted rate. The credit percentages vary, with 'Bright' users reaping 1 percent on regular card transactions, and 'Light' users gaining 0.5 percent on crypto-based payments.

This ambitious move into digital banking underscores Swissquote's vision to constantly evolve and cater to the dynamic demands of the contemporary financial landscape.

BDSwiss to sponsor DP World Tour Championship

DP World Tour Championship

The leading Forex and CFD investment services institution, BDSwiss, has announced about its official DP World Tour Championship sponsorship in collaboration with the European Tour. The sponsorship will afford BDSwiss strong brand exposure and excellent business-to-business opportunities through access to the tournament’s Pro-Am competition and suite of hospitality services. 

The season-ending golf tournament will be held at the Jumeirah Golf Estates in Dubai. The DP World Tour Championship has been held in Dubai, one of the world’s top sporting destinations for golf fans, since 2009. The event has produced some of golf’s most memorable moments through the years.

This is the first time BDSwiss and European Tour, two organisations committed to technical expertise with a passion for performance, will partner. The game of golf instils in its players the same type of values that BDSwiss seeks to inspire in its traders: dedication, resilience, and commitment to excellence. As part of this sponsorship, BDSwiss will also be launching an exclusive loyalty campaign rewarding its loyal clients and partners as well as top-performing traders with Hospitality tickets, round trip flights and accommodation to Dubai.

Speaking about the new partnership BDSwiss CEO Alexander Oelfke commented:

“At BDSwiss, we are immensely proud to collaborate with the European Tour in sponsoring the DP World Tour Championship — a prestigious golf event that supports our global brand image and resonates with our core values of integrity, perseverance, and commitment to world-class performance.”

Daniel Takieddine, BDSwiss Senior Executive Officer MENA, added:

“We’re delighted to be one of the official sponsors of Golf’s DP World Tour Championship, a globally acknowledged sporting event that will not only support our brand with international exposure but will also bolster our efforts to become a leading multi-asset trading powerhouse in the UAE and across the broader MENA region.”

Max Hamilton, Commercial Director of the European Tour, also commented:

“We’re delighted to welcome BDSwiss to our network of partners for the DP World Tour Championship. The tournament is not only an annual milestone in global golf but a highlight of the sporting calendar in the Middle East which will be broadcast to a global audience. We’ll be working closely with BDSwiss to make sure that the partnership will deliver significant brand and business opportunities.” 

Highlighting the group’s commitment to communicate its brand values through top-tier sporting events and organisations, this is the second global sporting tournament BDSwiss is sponsoring in 2021. Earlier this year, BDSwiss announced a two-year deal as the gold sponsor of the MercedesCup ATP 250 Stuttgart tennis tournament.

Traders Fair and Gala Night 2018 in Malaysia, Kuala Lumpur

The Traders Fair and Gala Night 2018 logo The Traders Fair and Gala Night 2018, organized by Finexpo, will take place in Kuala Lumpur, Malaysia on 30th of June. It is one of the largest B2B & B2C events held in Asia and is one of the best opportunities for the investors to build up the business connections and enrich knowledge about industry. Traders Fair and Gala Night is expected to welcome over 20 speakers from all around the world where everyone will have an opportunity to participate in a huge show with exhibitor booths, lounges, bars, Speaker Hall and Workshop rooms. There will be not only exhibitions, panels and discussions, but also live performances, entertaining shows and Gala Night party. Also the top speakers are going to make educational speeches in the Fair seminar halls. The speaker list includes market professionals from all over the world, including Mario Singh (CEO at Fullerton Markets), Andeerson Wong (Chief Derivative Trainer), Fred Tam (Former Fund Manager, Researcher, Author, Educator), Khalid Hamid (The author of the course «Teknik Forex Sebenar»), Kar Yong (Chief Currency Strategist at Alpha Play Forex Trading School) and many more others. This event's agenda is in line with the latest trends and developments of the industry. The attendees will have an opportunity to visit workshops and seminars discussing Forex Scalping Techniques, Maximizing stock market profits with TAD system, Understanding The New Generation of Government Regulation Strategies & Mastering The Future Stock & Commodity Market and The Best Way To Make Money In Forex (technical, risk management & psychology in trading).

Orbex Awarded Best Forex Broker 2020

Orbex Awarded Best Forex Broker 2020

International financial services provider Orbex has been awarded “Best Forex Broker 2020” by the prestigious Global Banking & Finance Review Magazine, taking home the trophy for both the European and MENA regions. 

The award comes as part of the magazine’s ongoing mission to recognize the industry’s finest and provide participants of the financial sector with up-to-date industry news, information and insights.

“To receive this award from such a renowned institution within the financial community, widely respected for its objective and insightful reporting, is an honor we greatly appreciate. It not only validates our efforts as a broker, but synchronizes perfectly with our main mission, which is to educate and serve our traders responsibly” said Managing Director, Mohammed Yaghi. 

This is the second consecutive “Best Forex Broker” award Orbex has received in the last 2 years, taking home the same title at the Global Business Outlook financial award ceremony in 2019. 

The company has been working hard to achieve its awards and has undergone a significant revamp of its services, offering highly competitive trading conditions including spreads as low as zero. 

In addition to that, the broker recently obtained a new license from FSC Mauritius, significantly increasing the available leverage for clients whose locations allow for them to trade with the Mauritius-regulated entity. 

“2020 has been a tough year for humanity, and it’s no secret that the financial markets have endured great hardships as a result. Our top priority this year has been to support our clients during this time of great uncertainty and volatility. To receive this honor is proof that through thick and thin, we will rise above and grow together as a community” Yaghi added. 

This award has been added to the impressive list of titles Orbex has obtained over the years, including “Best Trading Education Provider”, “Best Analysis Provider” and “Best FX Forecast & Strategy Provider”, in keeping with the company’s philosophy of promoting an informed and responsible approach to the forex markets. 

In fact, Orbex Limited is an award-winning global forex broker, fully licensed and regulated by CySEC. Headquartered in Limassol, Cyprus, Orbex specializes in the provision of access to the world’s largest and most liquid financial markets. Orbex Global Limited is fully licensed and regulated by FSC Mauritius and headquartered in Ebene, Mauritius. You may read full Orbex Review by the link and get to know about their offering in a detail.

iFX EXPO Asia 2019 in Hong Kong

iFX EXPO Asia logo

iFX EXPO Asia 2019 tool place in Hong Kong and lasted for three days 22-24th of January in Convention & Exhibition Center (HKCEC). iFX EXPO Asia 2019 catered to all elements of the forex industry, as well as banks, affiliates, introducing brokers, and white label partners.

The iFX EXPO Asia is an international financial expo for companies and the first of its kind in Asia. From year to year, starting from 2012, they are increasing and expanding their sizes, holding up to the highest standards and providing the best experience to both the attendees and exhibitors.The visitor has the opportunity to receive informations on topics such as technology, compliance, marketing and sales from industry experts during workshops and panel discussions.

Starting on January 23, iFX EXPO Asia 2019 featured multiple workshops, seminars, and panels over throughout the event. The three-day event was launched with its signature welcome party on January 22 at Frites Belgium on Tap, Wan Chai. On the second day attendees were able to familiarize themselves with the biggest developments across the industry while staying abreast of all regulatory trends, clarity over the markets, and prospects facing Hong Kong fintechs.

The third and final day was focus on crypto enthusiasts, delving into the space in greater detail. Marketers and local experts walked the visitors through everything about the biggest challenges and opportunities for growth in the crypto trading space.

The speaker list included market professionals and the brightest minds from all over the globe, including Syed Musheer Ahmed (General Manager at Fintech Association Hong Kong), Yoni Assia (CEO and Founder at eToro), Daire Ferguson (CEO at AvaTrade), Matthew Nathan Long (CEO at Saxo Capital Markets Hong Kong) and many more others.

IOSCO Annual Conference on key challenges facing securities regulators

The 43rd Annual Conference of the Members of the International Organization of Securities Commissions (IOSCO) took place in Budapest, Hungary on 10th of May at the Magyar Nemzeti Bank and was focused on discussing and addressing issues facing securities market regulators these days.

The IOSCO Board, IOSCO´s Growth and Emerging Markets (GEM) Committee, the four Regional Committees and the Affiliate Members Consultative Committee (AMCC) attended the meetings and discussed their initiatives of protecting investors, efficiency and transparency of the markets and ensuring fair.

The four key issues the public sessions were focused on are the sale of unsuitable products to retail investors, the challenges of Fintech and digitalization, the shift from active to passively managed collective investment schemes, and SME access to funding through capital markets.

Discussions of the Board

The Board has agreed on the enforcement practices to be effective solution in mitigating the risks of the binary options and other OTC leveraged products to retail investors. As to the asset management area, the Board discussed exchange traded funds and reviewed the work of the IOSCO on measuring leverage in investment funds.

The members also discussed the consequences of the EU General Data Protection Regulation (GDPR) and the European data privacy regime that will come into force from 25th of May 2018. The organization will continue to interact with EU to address any problems caused by implementation of the GDPR.

Also the Board agreed on launching a Fintech Network to support the sharing of information, knowledge and experiences among IOSCO members.

There are three new signatories to the IOSCO Multilateral Memorandum of Understanding (IOSCO MMoU): Armenia, Central Bank of Armenia; Dominican Republic, Superintendencia del Mercado de Valores and Zambia, Securities and Exchanges Commission.

7th China Forex Expo in Shenzhen

After a great success of 6th China Forex Expo 2017, 7th China Forex Expo 2018 is back and will take place on May 18-19th 2018 at Great China International Exchange Square of Shenzhen. This event will last two days and it will be prepare for brokers, traders, investors, affiliates, fintech companies, blockchain companies and media.

As the new European regulatory frameworks such as Markets In Financial Instruments Directive II published by The European Securities and Markets Authority severely restrict the European forex market, traders are searching for other better options in offshore zones and new markets like China. Also a great opportunity has appeared for offshore brokers, affiliates, money managers, technology and specialized services providers as China market has become more active today.

China Forex Expo is one of the most influential and professional expos in China. The event covers forex, CFDs, commodities and precious metals. The main goal of the expo is to bring together active forex market traders from all over the world and to promote products and services to the international market.

Event's agenda will present a solid mixture of networking and educational opportunities. The speake list includes market professionals from China and other countries, including Wendy Tao of Invast Global, Alejandro Zambrano of Amana Capital, StephenInnes of OANDA and the others. Among the topics, the attention will focus on predictions for China's economy, the importance of market intelligence and also the opportunities for businesses in China.

HotForex starts the Road to Paris trading contest

ROAD TO PARIS TRADING CONTEST
ROAD TO PARIS TRADING CONTEST

Leading global Forex and commodities broker HotForex gives clients and football fans the opportunity to win a once-in-a lifetime Paris Saint- Germain experience and generous cash prizes in an all new and exciting trading contest, thus further leveraging their partnership agreement with the French football giants.

Join the Road to Paris trading contest to win dream prizes 

“Our partnership with Paris Saint-Germain has been extremely valuable and we are excited to be offering our clients and supporters this trading opportunity” said HotForex CEO George Koumantaris“We equally welcome all new and existing clients and football enthusiasts to exhibit their trading skills for a chance to win an all-inclusive experience relating to their favourite team and official partner of ours, Paris Saint-Germain.”

With the Road to Paris Trading Contest, HotForex clients have once again the opportunity to put their trading skills to the test and go in for fantastic cash prizes offered to the top five traders and a VIP experience money cannot buy which includes, amongst others: 

  • Attend a PSG warm up from side-pitch
  • 2 matchday VIP seats 
  • 2 stadium tour tickets 
  • Flight tickets and paid accommodation 

Marc Armstrong, Paris Saint-Germain Chief Partnerships Officer added: “It is always very exciting for us to have the opportunity to work with a brand that shares our commitment and vision for success. We are delighted to be sharing our love of the game with all HotForex clients, offering them the opportunity to get behind the scenes at the Parc des Princes stadium and experience the thrill and excitement of their favourite team first-hand.”

Visit the Road to Paris contest website for more information. 

About HotForex

HotForex is committed to the success of its clients and gives them a competitive edge through cutting-edge technologies, exclusive access to market research, innovative trading platforms, learning resources and 24/5 multilingual support. Through its policy of providing its clients with the best possible trading conditions and an optimal environment to trade it has positioned itself as the forex broker of choice for traders worldwide.

About Paris Saint-Germain  

Paris Saint-Germain football club was created in 1970. Since QSI’s purchase of the club in 2011, it has transformed to become one of the top football clubs and global sports brands in the world. Paris Saint-Germain is connected with Paris, which is at the heart of the organization, under the philosophy of one unique city, one unique club. The club has since then won 26 trophies in ten years, 44 in its history, becoming the most successful football club in France. Paris Saint-Germain has attracted many great players including Ronaldinho, Beckham, Ibrahimovic, and currently Neymar Jr and Mbappé, both ranked amongst the best players in the world. The international popularity of the club never stops growing. It is now the one of the most followed club in the world, expanding from zero to a community over 100 million social media followers in just ten years. It has opened international offices in Doha, Shanghai and Singapore. The pioneering sports club which now includes men’s football, women’s football, handball and judo added esports in 2016. Giving back to the community is fundamental to the club who has drastically increased the capacity of its Foundation to develop innovative programs for children in tough situations. Among others, the Red & Blue School project allows the Paris Saint-Germain Foundation to serve underprivileged youths. 

gt.io launches Freedom Day Trading Promotion offering Cash Prizes worth a total of US$1000

gt.io has just launched the Freedom Day Trading Promotion, a promotion that is open to all new and existing clients who are located in South Africa.

As of Monday the 26th of April up until Friday the 21st of May 2021 at 12:00 (GMT+3), clients who meet the below three requirements will be eligible to qualify an entry to the Lucky Draw where 6 clients will win Cash prizes worth a total value of US$1000.

  1. Registration with gt.io and/or opening of a Live gt.io MT5 account
  2. A deposit and transfer-in of a minimum of US$200 or equivalent in another currency
  3. Trading of a minimum of 2 Standard lots round turn of FX, Precious Metals, Equity Indices, Stocks and/or Crypto instruments

Distribution of the US$1000 Cash prize: 1st Prize US$350, 2nd Prize US$200, 3rd Prize US$150, and the 4th, 5th and 6thPrizes US$100 each.

In addition, during the Freedom Day Trading Promotion, clients are offered a 100% Deposit Bonus up to US$500. This means that clients who will make a transfer-in to his/her live MT5 account with gt.io, will be able to utilize the 100% Deposit Bonus to meet the above trading requirements.  

Speaking of the Freedom Day promotion, Chief Marketing Officer at gt.io, Constantinos Pavlides stated: “our clients are our priority; we seek to build a strong bond with them, and we strive to always show our appreciation for choosing us as their broker. For this reason, we have also launched several promotions which will help them to boost their trading activities and familiarize themselves with the exclusive products and services offered by gt.io.”

The last day for registration to the promotion is Friday the 21st of May 2021.  The Lucky Draw will take place on Wednesday the 26th of May 2021.  Only one entry to the Lucky Draw is allowed per client. The Deposit Bonus is granted to clients in a form of trading credit whilst the cash prizes of the Lucky draw are withdrawable without any restrictions.

The Freedom Day Promotion is subject to Terms & Conditions. Read more here

gt.io, the first regulated Hybrid FX Broker. 


Risk Warning: Trading carries a risk of loss.