Differences between Forex Affiliates and IBs

Forex Affiliates vs 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…

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VoIP 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…

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Forex Regulation And Key Regulators

Forex Regulations

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…

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PLUGIT 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…

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A 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…

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EU Prepares Rules For Instant Payments In Euros

EU Instant Payments

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…

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What Is KYC Onboarding And Why It Matters

KYC Onboarding

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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What Is Social Trading? A Detailed Definition

What Is Social Trading

So what is social trading exactly, and why has it gained such a strong following over the last few years? Let’s dive into this modern trading phenomenon for the answers. What Is Social Trading? Social media may have taken over most aspects of our daily communications, but it is relatively young. The first genuine social…

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Nonfarm Payroll (NFP) Risk Management Solution

Nonfarm Payroll Report

Risk management is a big part of your operations. That is particularly true around major economic releases such as the Nonfarm Payroll. Risk management around these events is crucial. The US Bureau of Labor Statistics releases the nonfarm payroll report, which tracks the growth in new jobs in all non-agricultural businesses and is one of…

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Apple Removes MT4 And MT5 From App Store

Apple Removes MT4 and MT5

On the 23rd of September, Apple informed MetaQuotes, the developers of MT4 and MT5, of their intention to remove the popular trading apps from the App Store. Later on the same day, Apple removed MT4 and MT5 from the App Store. While the apps are currently available on Google Play, they are no longer available…

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