Orbex Successfully Exhibits at the Dubai Forex Expo 2022 as Titanium Sponsor

Orbex Exhibition at the Dubai Forex Expo 2022

International multi-regulated broker Orbex emerged as one of the most outstanding exhibitors at the 2022 Dubai Forex Expo, which took place at the World Trade Center from October 19 to 20. There Orbex had the chance of displaying its trading offerings and goods at the biggest yearly trading exhibition in the Middle East as one of this year's Titanium sponsors.

Over 120 international and regional fintech companies participated in the event which lasted two days and that took place in the center of one of the UAE's most important financial hubs and drew over 10,000 attendees. On stage, more than 80 speakers and business leaders shared their knowledge and expertise with visitors at the exhibition. Among them were Orbex’s representatives and leading market analysts who presented their exclusive "2023 Q1 Market Outlook" projections and participated in a panel discussion on "Asset Classes and Central Banks".

Orbex’s delegation was able to meet with hundreds of partners and traders and showcase the company’s products, B2C and B2B, and services at their eye-catching Titanium stand at Booth #20. The Orbex stand enjoyed a rather impressive turnout, as the broker chose to unveil its new Affiliation program exclusively at the expo and hosted a series of meetings, prize draws and VIP events to engage with their clients, partners, and expo attendees.

At a special award ceremony that took place at the conclusion of the Dubai Forex Expo, Orbex was also awarded the title of "Best FX Educational Broker in MENA 2022" in recognition of its long-standing dedication to offering clients quality research tools and teaching in both English and Arabic. It's also important to note that earlier this year, the renowned fintech publication and awarding body World Finance recognized Orbex's Research team as the "Best Forex Research and Education Provider 2022".

You can watch some of the highlights from Orbex’s latest exhibition at the Dubai Forex Expo 2022 here.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools and the ongoing support needed to assist clients in navigating the global financial markets.

Orbex Introduces New Affiliate Program

Orbex New Affiliate Program

Global multi-regulated financial services broker Orbex has announced the launch of its new forex Affiliate Program featuring custom CPA deals of up to $1,000 commission per qualifying client referral.

Orbex’s revamped Affiliate Program reportedly combines one of the highest-paying CPA commission structures in the industry with expert support, cutting-edge reporting tools, and added ways to earn. The new CPA model is intended to provide Orbex Affiliates with a consistent flow of passive income as Orbex continues to grow and create waves in the FX and CFD industry.

A number of new services will be made accessible to Orbex Affiliates through the Cellxpert marketing platform, which enables users to serve ads and easily track their clickthrough and conversion rates. Access to a variety of branded marketing tools and high-converting funnels is also available through Orbex's bespoke Cellxpert platform.

Designed to suit the needs and requirements of today’s FX Affiliates, Orbex’s latest partner scheme lists the following benefits:

  • Some of the highest CPA rates in the industry of up to $1000
  • Custom plans and flexible withdrawals with $0 fees
  • A vast array of promotional tools to aid in traffic conversion
  • Sub-affiliate earnings, sponsorship opportunities, and exclusive added rewards
  • A state-of-the-art Affiliate panel for advanced ad serving, tracking, and reporting

Orbex Chief Marketing Officer, Drosoula Hadjisavva commented on the launch of the new Orbex Affiliate program:

“Partner marketing has quickly become the table stakes for business success in the financial services industry and beyond, as many consumers have come to distrust traditional advertising. In response, we here at Orbex, have long recognized the value in building robust partner ecosystems and the impact partners have on the company's ability to scale. Our latest affiliate program launch marks an important step in satisfying the requests we have been getting from partners and potential affiliates, wishing to promote Orbex to their audiences in exchange for a commission on sales generated. We're excited to offer our valued affiliate partners the best workflow automation and remain committed to investing in digital transformation solutions as we go beyond business continuity requirements and into an extraordinary push for improved productivity."

In addition to its new Affiliate program, Orbex continues to offer its offline IB partners a lucrative lifetime revenue share scheme. Orbex Introducing Brokers are also now able to benefit from Orbex’s increased CPA deals through sub-Affiliate partner referrals. To learn more about Orbex’s Affiliate and IB partner opportunities click here.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools, and the ongoing support needed to assist clients in navigating the global financial markets.


Moneta Markets Enhances Copy Trading with ZuluTrade Integration

ZuluTrade is a major third-party copy trading platform. The broker is also offering copy trading services with DupliTrade.

Moneta Markets logo

Moneta Markets has expanded its social trading offerings by adding ZuluTrade to its trading platform, the broker announced on Friday. The latest integration came when Moneta already offers such services with Duplitrade, another popular third-party social trading platform.

"We have always intended to offer clients access to ZuluTrade, simply because it's the largest automated peer 2 peer social trading platform out there. However, we wanted to ensure we were set up to really get the most out of it," said David Bily, founder, and CEO of Moneta Markets.

The broker's decision to integrate ZuluTrade came after it expanded its product range and also improved trading infrastructure and pricing.

Copy Trading Trend

Copy trading, which allows traders to copy the trading strategy of experts, has become very popular in the past decade. The industry is estimated to grow at an annual compounded rate of 7.8 percent and is expected to reach from $2.2 billion at the end of 2021 to $3.77 billion by 2028.

ZuluTrade

ZuluTrade is a very popular copy-trading platform that has partnered with dozens of brokers to enable them to introduce copy-trading services to their clients. The platform was founded in 2007 and was acquired by the Finvasia Group last December for an undisclosed sum, a deal that also included Greek-licensed broker, AAAFx.

Headquartered in Greece, ZuluTrade is now focused on expanding its global reach and is seeking new regulatory licenses. It is also pushing to add new capabilities to its existing social trading platform.

Moneta Markets

Moneta, established in 2020, recently came out of the Vantage umbrella to operate on its own. The broker gained a new regulatory license in Australia, while it is already regulated in South Africa and St. Vincent and the Grenadines.

Meanwhile, third-party trading platform providers have become cautious lately after Apple delisted two MetaTrader apps from the App Store, possibly in response to the usage of the platform by scammers. These third-party trading platforms are now hardly partnering with shady brokers who operate without a license or offshore approvals.

US Jobs Market Deteriorates, Investors Don’t Care

The recent data from the US jobs market disappointed market participants. However, they were ignored, and US equity markets continued to rip higher. So let's take a quick look at some of the key indicators.


Initial Claims Trending Higher

Although the labor market is supposedly "too robust to be in recession," anyone who bothers to look at higher frequency data will see that story disintegrating quickly as initial unemployment claims increased to 256k last week (worse than the 250k expected).
The 4-week average of new claims is currently at its highest level since November 2021, while continuing claims continue to stagnate.

US Jobs Market Chart
Source: Bloomberg

JOLTS Job Openings Disappoint

Additionally, there were fewer job opportunities in June than was previously thought.
According to the Job Openings and Labor Turnover Survey (JOLTS) by the Labor Department, there were 10.7 million open positions in the United States on the final day of June, which is less than what economists had projected and the lowest number since September. From the upwardly revised May total of 11.3 million, there was a decline of 605,000. Since reaching a record high in March, the number of openings has decreased each month.

Jobs in the retail trade accounted for more than half of the loss (-343,000). Wholesale trade (-82,000) and state and local government education also significantly reduced (-62,000). On the other hand, openings in the health and education sectors grew by 99,000.

4.24 million people left their jobs, which is the fewest since October. Construction had a decline in resignations (-51,000), while state and local government education saw a rise (+14,000).
The JOLTS report painted an almost uncomfortably strong picture of the US labor market up until May. Still, it finally cracked in June, with job openings falling at the second-fastest rate ever (only the Covid crash months were worse). Since the US is now technically in a recession, we anticipate that July and the following months will be much worse.

JOLTS Job Openings Chart
Source: Bloomberg

Non-farm Payrolls Due

The non-farm payroll data on Friday will also reveal whether businesses continued to hire in July after adding 372,000 positions in June or whether economic uncertainty caused them to cut down. The official consensus is at 250,000 new jobs in July, while the unemployment rate is expected to stay at 3.6%.
Volatility will indeed be elevated following the data, with investors repricing the hawkish expectations of monetary policy; despite no assurances by the Fed, it has changed its plans to hike rates.

Portugal’s CMVM warns against a forex broker Trader.Online

CMVM logo
Portuguese Securities Market Commission (CMVM) has added one more unregulated forex broker to its warning list last week. The regulator issued a formal warning against Trader.Online as the broker is not authorised to carry out any type of financial intermediation activity in Portugal.
The Portuguese Securities Market Commission, also known by its initials as "CMVM", supervises and regulates securities and other financial instruments and activities of all those who operate within said markets. It is also CMVM’s mission to ensure the stability of the financial markets, by contributing to identify and prevent systemic risk and contribute to the development of financial instruments markets.

Trader.Online logo
Trader.Online is operated by IVY Capital, an offshore company registered on the Marshal Islands, and is not authorized to offer forex and CFD trades in Portugal. Besides Forex Trader.Online also offers CFDs trading on commodities, stock, indices and crypto coins. There is one more company behind the brand's name, DDK Ltd. that claims to be registered in Bulgaria. However, the company is not licensed by Bulgarian Financial Supervision Commission.
We have also found a lot of negative reviews from the traders. Some of them cannot withdraw their funds and profits, others haven't heard from broker since their first deposit. It seems that Trader.Online is just one more unregulated company trying to deceive customers.
Generally, we always advise traders to avoid dealing with unregulated forex brokers, as most of them are involved in investment scams. There are a number of properly licensed brokers to choose from, like the ones regulated by the FCA or the Australian Securities and Investment Commission.
You can read our review on this broker here.

Orbex Awarded Best FX Educational Broker in MENA

Orbex Awarded Best FX Educational Broker in MENA

Orbex, a global multi-regulated financial services broker, has announced that it received the “Best FX Educational Broker in MENA 2022” award at this year’s Forex Expo in Dubai. This is due to Orbex's long-standing dedication to providing its trader with the best market research, analysis, and trading education available in English and Arabic.

The Forex Expo Awards honor the achievements of top companies that represent quality and innovation in the global fintech and financial services sectors at their best. The Forex Expo in Dubai brings together thousands of traders and top figures from the fintech and investment services sector, including banks, institutional investors, hedge funds, brokers, fintech solution providers, and media outlets, and is concluded with an awards ceremony. As one of the Forex Expo's Titanium sponsors, Orbex had the chance to demonstrate its trading services, partner prospects, and multi-awarded Research & Analysis team.

Since it was created in 2011, Orbex has earned a reputation for making significant investments in educating its customers and the larger trading community about the financial markets, guiding people on how to trade online with CFDs through daily market news analyses, live webinars, regional seminars, and special reports. Given its ongoing investment in top-notch Arabic Research & Analysis, Orbex, which is dedicated to "helping traders responsibly," has a particularly strong presence in the greater MENA region and most Arabic-speaking nations.

Orbex Head of Training and Market Strategy Mohammed Al-Mariri who had the opportunity to accept the “Best FX Educational Broker in MENA 2022” in person, commented, stating that the award validates their continuous efforts to provide the best possible trading education and supports traders to gain a better understanding of the global financial markets and how to conduct trades. He further expressed his enthusiasm that their Research team's dedication to high-quality research has once again been recognized by Forex Expo Awards and that they remain committed to providing traders with actionable market commentary, real-time expert analysis, and exclusive trading insights in multiple languages.

Moreover, earlier this year, Orbex’s Research team was honored with the 'Best Forex Research and Education Provider 2022' by the acclaimed fintech magazine and awarding body World Finance.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools, and the ongoing support needed to assist clients in navigating the global financial markets.

Orbex to Exhibit at the Fintech & Crypto Summit Bahrain, as Diamond Sponsor

Orbex to Exhibit at the Fintech & Crypto Summit Bahrain
The sponsorship grants Orbex a prominent place to showcase its trading services and partnership opportunities at Bahrain largest fintech and cryptocurrency event

Orbex – a global multi-regulated financial services broker- has made an important announcement regarding its participation at the upcoming Fintech & Crypto Summit in Bahrain as a Diamond sponsor. In its turn, this is a perfect opportunity for Orbex to showcase its trading services and partnership opportunities at the largest fintech and cryptocurrency event in Bahrain. The location of the summit is the Crown Plaza Bahrain Hotel. On February 15 and 16, 2023, potential business partners and merchants are given a chance to speak with the Orbex team at booth 7.

The Fintech & Crypto Summit will enable the attendees to network, explore the most recent industry trends, and hear from the biggest names in the fintech and cryptocurrency space. One of the main dedications of the summit is promoting Bahrain as a key hub for the Middle Eastern fintech and cryptocurrency industry. Tens of thousands of traders and top industry figures are anticipated to attend, and the event will feature a variety of presentations and panel discussions that will allow guests to learn about the newest fintech products and developments.

Orbex’s delegation will represent different functions of the company, such as marketing, partnerships, and business development. Also, the team will give the expo visitors an opportunity to have one-on-one meetings and discuss trading, business, affiliation, and IB opportunities. Orbex’s renowned Research Team will also travel to Bahrain to attend the summit and present their insights on the global markets and online trading during various talks and panel discussions.

Orbex Chairman Abdallah Abbas commented on Orbex’s Diamond sponsorship of this year’s Bahrain Fintech & Crypto Summit emphasizing how proud the company is to exhibit at the largest fintech and cryptocurrency summit in Bahrain – a country representing the company’s stronghold. He also added that in recent years, Bahrain has fast-tracked its way to becoming a leading fintech and cryptocurrency hub in the Middle East, and the 2023 Fintech & Crypto Summit provides the perfect chance for Orbex to showcase the latest trading innovations and partnership opportunities.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools, and the ongoing support needed to assist clients in navigating the global financial markets.

Orbex Awarded “Most Transparent Forex Broker, 2023”

Orbex Awarded “Most Transparent Forex Broker, 2023”

We are excited to announce that Orbex has received the "Most Transparent Forex Broker, 2023" award at the Fintech & Crypto Summit in Bahrain. This recognition highlights the company's dedication to compliance, regulation, and transparency, which are essential qualities in the financial services industry.

The Fintech & Crypto Summit Awards acknowledges the achievements of well-known companies in the financial services and cryptocurrency sectors. The award ceremony was held at the Crown Plaza Bahrain Hotel on February 16, 2023, following the conclusion of this year's summit. Orbex, an important exhibitor and Diamond sponsor at the event, showcased its latest trading services and business prospects at booth 7.

Based on information provided on their website, Orbex adheres to stringent regulatory guidelines and implements complete transparency to offer traders a secure and risk-free trading environment. Since it was founded in 2011, Orbex has dedicated itself to providing traders with an outstanding trading experience via a regulated trading environment. Mohammed Al-Mariri, the Head of Training and Market Strategy at Orbex, received the "Most Transparent Forex Broker, 2023" award in person and shared his thoughts on the achievement:

"We are delighted to receive this award, which recognizes our unwavering commitment to transparency and regulatory compliance. At Orbex, we uphold the highest regulatory standards in every jurisdiction where we operate, without compromising our clients' experience, and striving to set the benchmark for excellent service."

This latest award adds to a list of honors that Orbex received in 2022, including "Best FX Educational Broker MENA 2022" and "Best FX Research & Education Provider 2022".

About

Orbex is a leading global investment services firm that provides top-rated forex and CFD trading services at highly competitive rates. Since its establishment in 2011, Orbex has been dedicated to offering its clients access to top-notch trading and investment solutions supported by quality education, expert research tools, and ongoing assistance to navigate the world's financial markets.

HFM Announces Eliud Kipchoge its Kenya Brand Ambassador

HFM Announces Eliud Kipchoge its Kenya Brand Ambassador
The marathon legend has signed an agreement to become the official brand ambassador for HFM as the broker continues to empower its global presence.

October 2022 – Global multi-asset broker HFM released an announcement about Kenyan distance runner and marathon world record holder Eliud Kipchoge signing up as the company’s new official brand ambassador in Kenya.

Eliud Kipchoge was born in November 5, 1984. He’s known as the world’s greatest marathon runner of all time. From 2014 to 2019 he entered 10 marathons in total and won all of them (the Rio 2016 and Tokyo 2020 Olympic Games marathons, and eight Marathon Majors in London, Chicago, and Berlin). During the 2022 Berlin Marathon Kipchoge set the marathon world record at 2:01:09.

This said HFM is honored for the opportunity of cooperating with one of the most iconic athletes of all time. Through this cooperation and joining of forces, trading will become more accessible to everyone worldwide. The partnership is based on the most essential values that are common for a successful trader and a world-class athlete: persistence, determination, and the will and striving for constant development and the best results.

According to an HFM spokesperson, the collaboration with Eliud Kipchoge is another attempt to offer a superior trading environment to their highly valued clients. He added that Eliud’s image and his brilliant achievements are a great source of inspiration, and they sincerely hope that the partnership will inspire and encourage not only traders, but everyone all over the world to be the best in what they are doing. He summed up by expressing his excitement about the upcoming cooperation and bringing HFM’s exceptional offerings closer to the Kenyan market.

Eliud Kipchoge in his turn expressed his enthusiasm about the offer, saying he is proud to become HFM’s brand ambassador in Kenya. According to Kipchoge, he is looking forward to working with HFM, a company that is known in the world of sports for its partnership with Paris Saint-Germain F.C.

You can learn more about this collaboration by visiting the company’s website.

About HFM

HFM, formerly known as HotForex, is a brand name of HF Markets Group, an internationally acclaimed multi-asset broker of choice to over 3.5 million live accounts worldwide that have earned over 60 coveted industry awards in its twelve-year history. The company offers a wide variety of account types, innovative products, platforms, tools, and educational resources besides outstanding customer service and unparalleled trading conditions to facilitate individuals and institutional customers to trade Forex and CFDs online.