Latest investing news
How to invest online
The details and statistics provided in this review do not apply to US customers, where there are likely to be differences to eToro services due to regulation of jurisdiction.
eToro is a brokerage company founded in 2006 and based in Tel Aviv, Israel. The company has grown tremendously due to the implementation of various trading features dating back to 2010, as well as their early adoption of cryptocurrency CFD trading. It now houses subsidiaries in Cyprus, where it is regulated by CySec (Cyprus Securities and Exchange Commission) and the United Kingdom, where it is fully authorised by the Financial Conduct Authority (FCA) to offer CFD trading services.
In September 2017, eToro changed the way users trade cryptocurrencies to a model by which coins are bought and held by custodians until a trader decides to sell. The result of this being they no longer purely offer CFD trading, although the platform still functions in a very similar way. As of May 2018, eToro have announced future plans to become a fully fledged cryptocurrency exchange, supported with an online wallet service.
101Investing now boasts over 20,000 clients and also offers popular features such as a demo account, high leverage, and access via web, desktop, and mobile. Keep reading to find out everything you need to know about 101Investing.
With no minimum deposits, leverage up to 1:500, and intuitive CFD trading tools, SimpleFX is a great option for both beginner and advanced traders.
Longhorn FX was founded in 2020 and is headquartered in Kingstown, the capital city of Saint Vincent and the Grenadines. Through LonghornFX, users have access to over 183 tradable assets including currency pairs, cryptocurrency pairs, stocks, indices, and commodities. The platform allows you to download MT4 trading software, and also has a web trading platform available easily on the LonghornFX website, meaning you have flexibility of choice over how you prefer to trade.
This review will take you through everything you need to know about LonghornFX, including the fees the platform charges and the types of trades you can make.
Plus500 is a trading platform offered by the UK subsidiary of Plus500 Ltd: a company founded by six alumni of the Israel Institute of Technology in 2008. The company now has subsidiaries in Cyprus, Australia, Bulgaria, and Singapore as well as the UK, and provides CFDs across over 2,000 securities and assets. Plus500UK Ltd is fully authorised by the Financial Conduct Authority (FCA) to offer CFD trading, and the company aims at becoming the leading provider of this form of trading across the globe.
Whether you’re an experienced market professional or completely new to trading, FXTM enables you to buy and sell FX, indices, commodities, shares, and metals.
FXTM was originally established in 2011 with the stated mission of bringing the opportunities of financial markets to global audiences, wherever they may be. Keep reading to find out more.
Binance is a cryptocurrency to cryptocurrency exchange service based in Hong Kong. The platform was launched in July 2017 and currently supports the exchange of over 130 coins including Bitcoin, Litecoin, Ethereum, and Ripple (XRP). With the capacity to handle 1.4 million transactions every second, Binance has become the largest crypto exchange in terms of daily trading volume and managed to attract over 9 million users to its platform in just a year’s time. Binance also has their own cryptocurrency token, the BNB (Binance Coin), which allows users to reduce their trading fees if they use the token as a trading pair.
Coinbase is one of the most popular cryptocurrency exchanges and wallets in the cryptocurrency space. It has over 20 million users and more than $150 billion has been traded on the platform. Coinbase has competitive transaction fees in the range of 1% – 3.99%, and a beginner-friendly user interface that is easy to use and understand. That’s the basics, here’s the detail:
Wirex allows you to spend your cryptocurrency anywhere with a crypto debit card, and exchange between multiple crypto and fiat currencies within your account. Their aim is to make real-world spending of cryptocurrencies achievable by offering services such as a digital currency wallet (with support for Bitcoin, Ethereum, Litecoin, and Ripple/XRP), and their cryptocurrency exchange service that supports almost 50 cryptocurrencies. At present, Wirex have amassed 1.5 million users on their platform, who have collectively produced a transaction volume of over £1.1billion.