Posts Tagged ‘plugit’
What is Dynamic Leverage in Forex
Dynamic leverage is a risk management tool used by brokers to minimize their trade exposure and, at the same time, offer attractive trading conditions while protecting client accounts from the effects of over-leveraged trades. Today’s article will focus on the concept behind Dynamic Leverage and look at real-world applications and how they can apply to…
Read MoreExpanding Opportunities: Why Brokers Should Offer MAM Accounts to Traders
In today’s competitive financial market, brokers continually seek ways to enhance their service offerings and attract a broader client base. One solution gaining popularity is providing Multi-Account Manager (MAM) accounts. Offering MAM accounts to your traders is an effective way to acquire and retain more clients for your brokerage. These clients tend to be higher…
Read MoreBroker Risk Management And Dynamic Margin
Forex and CFD trading are leveraged products and, by their very nature, involve a degree of risk for both retail traders and broker operators. While various risk management solutions are available to brokers, many of these tend to be reactive in design rather than proactive (Dynamic Margin). Trading today has become a much more complicated…
Read MoreDifferences between Forex Affiliates and IBs
Forex affiliates and introducing brokers (IBs) are common in the finance industry and are involved in promoting and marketing financial products and services. However, the two have some critical differences regarding their roles, responsibilities, and compensation models. Roles and Responsibilities An affiliate is a person or a company that promotes and markets the products or…
Read MoreVoIP For Brokers – Benefits And Solutions
Voice over Internet Protocol (VoIP) has revolutionized how businesses communicate, and brokers are no exception. With VoIP, brokers can make and receive calls using their internet connection rather than traditional phone lines. This technology has many advantages over traditional phone systems, including cost savings, flexibility, and scalability. In this article, we’ll explore how VoIP can…
Read MoreForex Regulation And Key Regulators
Forex regulation authorities refer to supervisory bodies that enforce the rules and guidelines that govern the foreign exchange market in any particular country or region. These bodies oversee regulated financial institutions to ensure they abide by the regulations governing all client interactions. Forex trading regulations vary by country, with different nations having regulatory bodies overseeing…
Read MorePLUGIT Scoops Award At FMLS 2022
The FMLS (Finance Magnates London Summit) is always one of the calendar’s highlights, and this year was no exception. Organized by Finance Magnates, the London event is always very well attended, and the awards up for grabs are always hotly contested. FMLS awards work on a voting system where only summit participants and attendees can…
Read MoreA Look At The Best CFD Trading Platform
A CFD trading platform from MetaQuotes, in the form of MT4 and MT5, has been the standard other platforms have been judged by for many years now. Given the massive rise in the popularity of online CFD trading, the emergence of other trading platforms was simply a matter of time. The last few years have…
Read MoreEU Prepares Rules For Instant Payments In Euros
Reuters has reported that the European Union is preparing legislation that would force banks in the Eurozone to offer their customers instant transfers and payments denominated in the common currency, the Euro. According to the drafts of the new regulations, only 11% of all Euro transfers were transacted as euro instant payments. The draft of…
Read MoreWhat Is KYC Onboarding And Why It Matters
What is KYC onboarding? KYC onboarding refers to the Know Your Customer process that all regulated entities must perform before taking on a new customer. KYC onboarding aims to prevent money laundering and tax evasion. It also prevents PEPs (Politically Exposed Persons) from regulated financial services without full disclosure, potentially leading to insider dealing, depending…
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