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NeoBroker nextmarkets Extends its Product Range – and Stays Commission-Free | Finance Magnates

On September 15, 2020, the Cologne-based fintech company nextmarkets unveiled a new version of its platform. The European online broker expanded its product range with 7,000 shares from 52 countries and 1,000 exchange-traded funds (ETFs) that can be traded commission-free.

On September 15, 2020, the Cologne-based fintech company nextmarkets unveiled a new version of its platform. The European online broker expanded its product range with 7,000 shares from 52 countries and 1,000 exchange-traded funds (ETFs) that can be traded commission-free.

“nextmarkets is opening a new chapter in online brokerage,” said CEO and co-founder, Manuel Heyden. “With our new release, customers are now able to trade more than 7,000 shares and 1,000 ETFs – and all this completely free of charge. nextmarkets charges no account management, order or third-party fees. Customers always pay zero euros per transaction,” he added.

The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation

The innovative European fintech company was founded in 2014 and has grown immensely since then. It boasts an average compound annual growth rate (CAGR) of 221 percent in terms of executed trades, and, compared to the fourth quarter of 2019, the trading volume more than tripled in just the first quarter of 2020.

But that’s not all. Thanks to the increased capital market volatility and the planned launch of more innovative features, nextmarkets expects a total of about 1.2 to 1.7 million trades to be settled via its platform in 2020.

“In addition, almost all securities can be traded with leverage. In this way, we are expanding our product universe to over 8,000 securities. Furthermore, we are extending the trading hours for shares in euros from 8 a.m. to 10 p.m. [CET],” Dominic Heyden commented.

nextmarkets is the first online broker to seamlessly integrate leveraged equities and contract for difference (CFD) trading like this.

What Sets Nextmarkets Apart from Other Brokers?

With the new version of its platform, nextmarkets provides its users access to a demo and a real-money variant with just one nextmarkets account.

Further, nextmarkets allows its users to trade fractions of shares. Because of this, even expensive stocks can be traded for just €10.

Also, in addition to truly commission-free trading of shares and ETFs for €0 via the stock exchange, the fintech company offers an advanced, highly flexible proprietary technology platform as well as an extensive set of hard-to-get regulatory approvals and licenses.

The company is headquartered in Cologne but also has offices in Lisbon as well as Malta, and it is backed by leading venture capitalists such as Peter Thiel, Axel Springer, Christian Angermayer, Falk Strascheg, Founders Fund, and the publicly listed FinLab AG.

If you use nextmarkets, you don’t pay order and custody fees or hidden costs, such as third-party fees or flat rates. On top of that, you have access to up to 200 real-time investment ideas across seven asset classes that more than a dozen trading coaches on the platform provide per month, free of charge.

nextmarkets has iOS, Android and web apps that constantly get improved to ensure the best user-experience. You can deposit money via credit card (Mastercard, Visa) or via bank transfer, and, in addition to market orders, limit and stop orders are also available.

Trading hours are from 8 a.m. to 10 p.m. CET, and you can trade all shares and ETFs as CFDs with leverage. Additionally, all major indices, bonds, commodities, and currency pairs are available as CFDs.

How Can Nextmarkets Provide Its Services without Fees?

Like virtually any other online broker, nextmarkets receives rebates from the stock exchanges on which your orders are executed. However, usually brokers just pocket that difference. nextmarkets, on the other hand, uses that, and its lean corporate structure and a high degree of automation to eliminate order and custody fees.

The company also offers a money market product with a market-leading interest rate of 1.25 percent p.a., which it achieves by exploiting the difference in interest rates between the US and the EU.

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School4Trading Review – How to Spot Possible Forex Broker Fraud

School4trading Review

School4Trading Review – How to Spot Possible Forex Broker Fraud

In this School4trading Review, we will look at the features of the software, as well as the customer support. First, let us look at the interface. The design is simple and easy to navigate. It also provides a chatbot, which helps you to communicate with the broker. The customer service is warm and inviting, which is a hallmark of a good broker. In contrast, a fraudulent broker will use cold and impersonal customer support to lure people in.

Another problem with the system is that the login process is not always intuitive. You may have to retype your password several times to get in. Then, you may experience difficulties withdrawing your funds or accessing your account. In such cases, you might have to wait for days or even weeks before you can withdraw the money you’ve invested. This is not a good sign. It’s better to choose a different trading platform altogether.

If you’re having trouble logging in, you should also check the legitimacy of the broker. Whether the broker is licensed by a reliable regulatory body or closed down, you’ll want to be sure it’s legitimate. If the broker isn’t licensed by the right body, don’t trust him. You shouldn’t waste your time with an inexperienced company. This will only cause you problems in the long run.

The next factor that should be checked is the licensing. A legitimate broker will have a license from a high regulatory body. However, a broker without a license will be unreliable. Moreover, a reliable regulator will take away the license of a scam broker. As a result, a trustworthy School4Broker/Profittrade review should mention fees, account rules, and contract terms. A scam broker will be unable to operate legally.

Secondly, look for warning signs. The broker should be licensed and regulated by a reliable regulatory body. It should be regulated by a high level. If it doesn’t, it’s a scam. Lastly, it should have a website that lets you easily access your account. Moreover, you should not hesitate to check the contact information. If you find any information that seems suspicious, you should reconsider using the broker.

In summary, Forex trading isn’t easy, but it doesn’t have to be complicated. It’s not as difficult as it seems if you’ve heard about the program. You’ll learn everything about the basics and how to become a professional. But if you’re still unsure about whether this program is right for you, don’t hesitate to contact a school4trading’s website.

The most important thing to remember when it comes to Forex trading is that it’s not easy. While it’s important to have a strong background in trading, there are a number of factors that can affect your success. Having a proper plan is vital in the long run, because you will be trading with real money. And, the platform should be reliable. Otherwise, you’ll end up losing a lot of money.

As we’ve mentioned, Forex is not easy. Investing isn’t something you can do in the comfort of your own home. You need a proven system. There are no free trials, so you’ll have to find a way to do it yourself. This isn’t a scam, and it’s a great way to make money without any help. A Forex system can help you learn the intricacies of the market.

Although the process of learning Forex isn’t an easy one, it’s certainly not impossible. Fortunately, there are many people who are willing to take the time to learn how to trade. But, even the most experienced trader needs to be aware of the risks of the market. While Forex trading isn’t easy, it can be done with the right knowledge. The software’s user-friendly interface is key.

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Daily Financial News

Don’t Count On JPY Correction; Staying Long GBP/JPY

The path of the potential pace of the JPY decline may still be underestimated by markets, which continue trading the JPY long.

While the 10% USDJPY advance from September lows looks impressive from a momentum point of view, it may no thave been driven by Japan’s institutional investors reducing their hedging ratios or Japan’s household sector reestablishing carry trades.

Instead, investors seemed to have been caught on the wrong foot, concerned about a sudden decline of risk appetite or the incoming US administration being focused on trade issues and not on spending. Spending requires funding and indeed the President-elect Trump’s team appears to be focused on funding. Here are a few examples: Reducing corporate taxation may pave the way for US corporates repatriating some of their USD2.6trn accumulated foreign profits. Cutting bank regulation could increase the risk-absorbing capacity within bank balance sheets. Hence, funding conditions – including for the sovereign – might generally ease. De-regulating the oil sector would help the trade balance, slowing the anticipated increase in the US current account deficit. The US current account deficit presently runs at 2.6% of GDP, which is below worrisome levels. Should the incoming government push for early trade restrictions, reaction (including Asian sovereigns reducing their holdings) could increase US funding costs, which runs against the interest of the Trump team.

Instead of counting on risk aversion to stop the JPY depreciation, we expect nominal yield differentials and the Fed moderately hiking rates to unleash capital outflows from Japan.The yield differential argumenthas become more compelling with the BoJ turning into yield curve managers. Via this policy move, rising inflation rates push JPY real rates and yields lower, which will weaken the JPY. Exhibit 12 shows how much Japan’s labor market conditions have tightened. A minor surge in corporate profitability may now be sufficient, pushing Japan wages up and implicity real yields lower.

JPY dynamics are diametrical to last year . Last year, the JGB’s “exhausted”yield curve left the BoJ without a tool to push real yields low enough to adequately address the weakened nominal GDP outlook. JPY remained artificially high at a time when the US opted for sharply lower real yields. USDJPY had to decline, triggering JPY bullish secondround effects via JPY-based financial institutions increasing their FX hedge ratios and Japan’s retail sector cutting its carry trade exposures. Now the opposite seems to be happening. The managed JGB curve suggests rising inflation expectations are driving Japan’s real yield lower. The Fed reluctantly hiking rates may keep risk appetite supported but increase USD hedging costs.Financial institutions reducinghedge ratios and Japan’s household sector piling back into the carry trade could provide secondround JPY weakening effects

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Daily Financial News

Mexico raises interest rates, cites Trump as risk

The head of Mexico’s central bank says U.S. Republican candidate Donald Trump represents a “hurricane” sized threat to Mexico.

Banco de Mexico Gov. Agustin Carstens told the Radio Formula network Friday that a Trump presidency “would be a hurricane and a particularly intense one if he fulfills what he has been saying in his campaign.”

Trump has proposed building a wall along the border and re-negotiating the North American Free Trade Agreement.

Mexico’s central bank raised its prime lending rate by half a percent to 4.75 percent Thursday, citing “nervousness surrounding the possible consequences of the U.S. elections, whose implications for Mexico could be particularly significant.”

Mexico’s peso had lost about 6 percent in value against the dollar since mid-August. It recovered slightly after the rate hike

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