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AvaTradeGO awarded Best Forex Mobile Trading app in Global Forex Awards 2020

DUBLIN, Sept. 24, 2020 /PRNewswire/ — AvaTrade, one of the largest, most regulated CFD brokers on the market, is delighted to announce it has been awarded ‘Best Forex Mobile Trading Platform/App – Global’ for AvaTradeGO.

DUBLIN, Sept. 24, 2020 /PRNewswire/ — AvaTrade, one of the largest, most regulated CFD brokers on the market, is delighted to announce it has been awarded ‘Best Forex Mobile Trading Platform/App – Global’ for AvaTradeGO.

The Global Forex Awards 2020 champion cutting-edge technology with the winners awarded based on public voting.

“Our mobile trading app AvaTradeGO takes only a few seconds to get on board and start trading – users can get direct access to the world stock markets, which they may have previously thought were restricted to investment banks and hedge funds,” said Dáire Ferguson, Chief Executive Officer, AvaTrade. “People now realise they can join in the trading world at the click of a button. We are very proud of the app we have created and absolutely delighted to be recognised by the Global Forex Awards.”

“Congratulations to AvaTrade and more specifically the AvaTradeGO product team,” said Archie Humphries, Director, Holiston Media. “To be chosen as global winners in this highly competitive award category is well deserved and recognition of their innovative technology helping to drive mobile trading forwards.”

AvaTradeGO makes trading simpler than ever. The app provides users with step-by-step guidance on opening trades, feedback on activity and support any time it is needed. Traders can manage multiple accounts and switch between demo, real and fixed spreads accounts, to get all the data needed on trades. A sophisticated dashboard, complete with a set of intuitive management tools, clear charts, zoom for details, and many more helpful features unique to this app provide a smooth user experience.

AvaTrade customers can also activate AvaProtect. AvaProtect is a revolutionary solution designed to give traders peace of mind, ensuring their trades are protected from adverse market movements. Users define a period for which they want protection and if, at the end of that period, the protected position has dropped in value, AvaTrade will reimburse the loss. It is a must for any trader particularly in such volatile times.

With the COVID-19 pandemic continuing to impact communities worldwide, the Global Forex Awards will be supporting the COVID-Solidarity Response Fund for the World Health Organisation (WHO) with a financial donation that would otherwise have been used to host the official award winners’ party/ceremony. People and organisations who want to help fight the pandemic and support the WHO and its partners can now donate through the website at www.COVID19ResponseFund.org

For further information, please contact:

Finn Partners for AvaTrade

Tel: +44 20 3217 7060
Email: [email protected]

About AvaTrade

AvaTrade is one of the world’s largest, most regulated CFD brokers. Regulated in seven jurisdictions and offering clients around-the-clock support and services in over 20 languages, the multi-award-winning organisation prides itself on its dedication to helping users to trade with confidence – regardless of their level or background. AvaTrade provides access to ultra-low spreads on over 1,000 trading instruments – including AvaOptions, Metatrader 4/5 and its latest risk management tool, AvaProtect – through both its cutting-edge web trader and mobile app, AvaTradeGO, providing its client base of more than 300,000 traders in 150 countries with a diverse range of trading options, catering to a broad variety of needs and appetites. Recently awarded No.1 Broker by The European, Best Affiliate Programme by International Investor and Best Forex Mobile Trading Platform App by Global Forex Awards, AvaTrade is an industry pioneer committed to creating a fair, enhanced user experience for retail clients.

For further information please visit www.avatrade.com

SOURCE AvaTrade

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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

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