Our team has gathered the latest news from the world of crypto, finance technologies, and investment. The world of finance is growing and changing every day. So, do not miss anything and stay in the trend. Read the news below.
eToro is changing the pricing model for cryptocurrencies
This week, the online broker eToro changed the pricing model for cryptocurrency. The reason for this change was customer complaints about crypto prices. The broker decided to take care of pricing transparency to increase customer confidence. eToro will reduce the prices of 50 crypto assets presented on the site. Such a decision will make the broker more competitive. A fixed commission of 1% was also introduced for opening and closing any position.
MultiBank Group lost its license
The Spanish government’s capital market control authority, or CNMV for short, has revoked the license of the MultiBank Group. Now the company is not an official investment firm and cannot carry out its activities in Spain. The company was transferred to the status of “No longer authorized .”However, the company continues to be regulated by ASIC, BVI-FSC, and DFSA.
INFINOX has come up with a new solution
This week, INFINOX launched a comprehensive solution for trading crypto assets on its platform. Now users will be able to trade crypto-CFDs, but only in some regions. This platform has started operating recently, so it does not charge a commission for deposits and withdrawals. Thanks to the new solutions, users will have the opportunity to carry out new types of trading. With the help of the solution, traders can:
- Buy and sell crypto instantly;
- Take advantage of crypto trading 24/7 with the availability of weekend trading hours;
- Hedging risks through long and short positions on the crypto market
- Enjoy the benefits of quick entry and exit liquidity.
All the details can be found on the official website.
CMC Markets starts issuing new shares
The leading provider of technological solutions in the world of investment – CMC Markets, this week released a new statement. The company announced an immediate share issue program. The value of all shares will be 30 million pounds. If the regulatory authorities support the program, it will be completed by July next year. The volume of shares will be about 30 million ordinary shares. With this program, the company pursues the goal of reducing the authorized capital. RBC Europe Limited will be responsible for the share program.
BKR Globaltrader has launched an application for smartphones
This week, BKR Globaltrader launched its own application for smartphones and tablets. Now, it can be downloaded from the Apple App Store and Google Play. Now it is possible to trade cryptocurrencies through this platform directly from your portable device.
Interactive Brokers, a large American trading platform, has many asset classes for trading, not only on the website but also for a mobile version. According to a press release with more than 80 stock exchanges around the world, users can now quickly create their accounts and start trading now. Representatives stated that an increasing number of people are beginning to actively participate in financial markets, and they want to make their experience more convenient and familiar by creating this portable solution.
