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May 03, 2022
Mitrade's New Economic Calendar and Trading Education Portal Makes Its App a One-Stop Trading Tool
May 03, 2022 (AB Digital via COMTEX) --MELBOURNE - Australian Forex and OTC derivatives trading broker Mitrade has upgraded its mobile app with an innovative economic calendar and new trade education features. Mitrade launched the mobile app for Android and iOS users in 2019 to make trading accessible and easy. The fast, neat, and user-friendly app was a welcome addition to its innovative WebTrader as it brought cross-platform compatibility for Mitrade users and facilitated trading any time anywhere. The new features have enhanced Mitrade app into an ideal all-in-one trading instrument for traders. “We are honored to announce that Mitrade has added new features to its mobile app. We want to give back to our customers for their continued support. A simplified and innovative economic calendar gives our customers insight into the events that potentially impact market directions. The calendar helps the users anticipate market movements and fine-tune their trading strategy to match shifting trends,” said a representative of Mitrade. Mitrade app has garnered over 1 million downloads on Google Play, which is proof of Mitrade’s popular acceptance as the preferred trading platform among traders. Mitrade’s education feature has separate modules for different levels. It teaches beginners how to start Forex trading and it educates savvy traders to analyze trends and device trading strategies to stay ahead of the competition. The educational guides feature both interactive training slides and videos to engage the customer. “Our customers can now learn how to trade and make a profit through our education portal. With this portal, we look forward to shrinking the information gap between novices and experts. These fresh upgrades to Mitrade App are in line with our vision to simplify trading so non-tech savvy users can trade like experts. Our team is motivated and committed to further advance Mitrade’s mission to simplify trading for everyone,” added the representative of Mitrade. The consistent and honest efforts of Mitrade’s team have borne fruit in the form of a multitude of awards. Mitrade won the Best Forex Educational Resources Global 2022 award by International Business Magazine, and the Best News & Analysis Provider 2021 awarded by FxDailyInfo. View the full collection at https://www.mitrade.com/about-us/awards For media inquiry, please contact Ms Belle Toh at belle.toh@mitrade.comAbout Mitrade Mitrade is an innovative financial technology group and a leader in Forex trading and CFD trading. Mitrade’s operations are strictly regulated by the Mauritius Financial Services Commission (FSC), Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA). The founders of Mitrade are dedicated individuals who have specialized knowledge in financial technology industry and Contracts for Difference (CFDs) trading. Being well-acquainted with the problems traders face, the founding team developed an intuitive trading platform that streamlined trading. Mitrade is on a mission to consistently innovate and simplify trading for all. Mitrade’s OTC derivatives trading carry high leverage and may lead to the loss of your whole capital.Media ContactCompany Name: MitradeContact Person: Belle TohEmail: Send EmailCity: MelbourneCountry: AustraliaWebsite: https://www.mitrade.com/
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Mar 29, 2022
Mitrade Celebrates 3rd Anniversary of Its Proprietary Trading Platform
Mitrade’s proprietary trading platform completes 3 years of devoted service to worldwide traders.Melbourne, Australia March 29, 2022 --(PR.com)-- The Australian Forex and OTC derivatives trading broker Mitrade is celebrating the 3rd anniversary of its self-developed trading platform.Mitrade launched its proprietary trading platform in 2019 following a reorganization of the team and resources. Mitrade serves traders and investors by offering ground-breaking technology that simplifies trading. The company has high quality customer support system that swiftly responds to customers and resolves their issues. Mitrade has highly effective market research tools that aid customers in understanding market dynamics and cultivate a coherent trading strategy.“This anniversary is a great milestone for Mitrade. We have achieved a lot in a short period of three years. The journey was not without ebbs and flows, but our team persisted and persevered in its mission to simplify trading. From novice swing traders to savvy investors, our platform caters to the specific needs of all. We share this moment of success with our customers who got along and supported us in reaching where we stand today. Our team is motivated to continue improving our trading platform in the future,” said a representative of Mitrade.Mitrade’s app on Google Play has been downloaded over a million times. The app has a user-friendly interface which speeds up the transaction process. It also has a separate app for iOS users. On top of the apps, Mitrade has an innovative WebTrader. This cross-platform compatibility has given a steep rise to the popularity of Mitrade. Mobile apps and WebTrader have a 24-hour, daily live support to help customers in need. In addition, Mitrade offers dynamic charting, real-time email notifications, and SMS push notifications.Mitrade has 1,100,000 users from around the world. Traders confidently choose Mitrade for its transparent execution system and zero-commission platform.Mitrade has recently expanded its platform offerings by adding US and Australian shares. The platform now offers over 400 sought-after shares, commodities, indices, and crypto currencies.In the short span of three years, Mitrade has won over 20 prestigious awards for providing high-tech and intuitive trading systems and for its exceptional service delivery. Mitrade has been recently crowned the Most Transparent Forex Broker Global 2022. View the full collection of awards at https://www.mitrade.com/about-us/awards.Mitrade’s OTC derivatives trading carry high leverage and may lead to the loss of your whole capital.For media inquiry, please contact Ms Belle Toh at belle.toh@mitrade.comAbout MitradeMitrade, the innovative financial technology group and a leading Forex broker, works under strict regulations by the Australian Securities and Investments Commission (ASIC), the Cayman Islands Monetary Authority (CIMA), and the Mauritius Financial Services Commission (FSC). The founding members of Mitrade are finance veterans and tech savvy people who invested themselves in building a platform that would be a breeze to trade on. Mitrade will continue its mission to pursue financial innovation and technological advancement. Learn more about Mitrade at https://www.mitrade.com/Contact Information:MitradeBelle Toh+6565929269Contact via Emailhttps://mitrade.com
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Mar 11, 2022
Mitrade wins four prestigious Forex awards
Mitrade Wins Four Prestigious Forex Awards At International Business Awards
2022MELBOURNE, Mar 11, 2022 - (ACN Newswire) - Mitrade, the Melbourne-based Forex
and OTC derivatives online trading broker, has received four exalted Forex
awards by the International Business Magazine at International Business Awards
2022 (Asia). Mitrade was named the Best Forex Trading Platform Australia 2022, the Most
Transparent Forex Broker Global 2022, the Best Forex Educational Resources
Global 2022, and the Most Trusted Forex Broker Asia 2022. International Business Magazine recognizes better risk management, rapid
growth, cross-platform compatibility, and transparency in the execution of
transactions along with other elements of the ecosystem of Forex trading.
International Business Magazine champions best performing Forex brands on the
regional and global levels. They reward performers for pioneering technology, super-responsive customer
support, market research tools, tiered approach to trading education, and a
user-friendly interface. This award is a yardstick of success for Mitrade as award winners are
nominated and selected by a team of unbiased, dynamic, and well-trained field
experts. The award process is supervised by expert panelists who are experts
in key subject matters, judging panelists who make up the research team, and
an editor. The team carries out in-depth analysis and declares as winners the
best performers among Forex trading service providers."We feel privileged and profoundly humbled upon receiving these awards
for providing devoted trading services to our worldwide customers. These
prizes reflect our commitment to consistently innovate and upgrade our trading
platform. In this moment of elation and pride, we extend our gratitude to our
customers who embraced our self-developed trading platform and valued our
technology. We strive to supply an intuitive trading platform to traders in
Australia and around the world. This achievement encouraged our team to
further improve our services for our users and be an inspiring leader in Forex
trading," said a representative of Mitrade. Mitrade witnessed brisk growth since it went through the restructuring process
in 2019. Key reasons behind its massive and generous acceptance by the global
trading community are low threshold trading, extensive market research tools,
and a straightforward trading platform. Mitrade has a user-friendly app for Android and iOS users, and an innovative
WebTrader, which respond to users to different platforms. Mitrade has also
broadened its platform offerings to 400 products including commodities such as
gold, Forex, US shares like Tesla, crypto currencies, and indices. The founders of Mitrade are experts in technology and finance veterans. Their
iron will to achieve excellence and innovation has made possible for Mitrade
to win illustrious awards and the trust of the global trading community. The
founding team has first-hand intelligence of the specific needs of swing
traders and savvy investors. Keeping this in consideration, the founders came
up with inventive solutions to streamline trading procedures. On top of this,
the founding team has maintained a customer-first strategy.Mitrade lowers the cost of trading by offering zero commissions. It provides
educational programs that suit beginner, intermediate, and advanced level
traders. Mitrade furnishes its mobile and web apps with live support. The
self-developed platform administers dynamic charting and real-time email and
SMS push notifications as well. On top of this, Mitrade regularly updates its
systems to ensure that users enjoy an excellent trading experience. Mitrade's mobile app has hit 1 million downloads on Google Play. The
company also has amassed 1,100,000 active users in less than two years. Its
transparent transaction execution and user-friendly interfaces have been the
key factors in attracting new users from around the world. For continuous innovation and service delivery, Mitrade has won the Most
Innovative Forex financial technology Broker 2021 award by Global Brands
Magazine. Mitrade has also won the Best Forex Broker Asia 2021 award by
FxDailyInfo. Mitrade has a decorated collection of awards to its credit. View
the collection at https://www.mitrade.com/about-us/awards. For media inquiry, please contact Ms Belle Toh at belle.toh@mitrade.com. Mitrade's OTC derivatives trading carry high leverage and may lead to the
loss of your whole capital. About MitradeMitrade is an innovative financial technology group and a leading service
provider of Forex trading, crypto currency trading, and CFD trading. The
company's functions are strictly regulated by the Mauritius Financial
Services Commission (FSC), Australian Securities and Investments Commission
(ASIC) and the Cayman Islands Monetary Authority (CIMA). Mitrade has set up
its offices across all continents, and it caters to investors and traders
across the world. Mitrade is firmly and conscientiously pursuing its mission
to bring innovation and simplification in trading, and to ensure transparent
transactions. Explore Mitrade at https://www.mitrade.com. Media contact
Belle Toh, Mitrade Holding Ltd Email: belle.toh@mitrade.com Website: https://www.mitrade.com/ Source: Mitrade Holding Ltd Copyright 2022 ACN Newswire . All rights reserved.
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Sep 28, 2021
Mitrade Wins Best Forex Fintech Broker Asia 2021 Award
Mitrade Wins Best Forex Fintech Broker Asia 2021 Award
MELBOURNE, Sept 28, 2021 - (ACN Newswire) - Mitrade Holding Ltd, a financialtechnology company offering Forex and OTC derivatives online trading, has beencrowned Best Forex Fintech Broker Asia for 2021.
This award is under the Global Forex Awards and is presented by HolistonMedia, a leading provider of global financial awards and events. The GlobalForex Awards recognizes the best performing forex brands or businesses on aglobal and regional level. They reward providers of groundbreaking technology,extensive market research tools, low-cost trading, world-class customersupport for direct-to-consumer businesses, and more. This is a benchmark ofsuccess as award winners are nominated independently through public votingprocesses by real customers worldwide and others in the forex tradingindustry, ensuring impartiality.
Amidst the thousands of businesses in the forex industry, Mitrade emerged asone of the winning brands. By clinching the title of Best Forex Fintech BrokerAsia for 2021, the company showed its popularity among customers withMitrade's App and WebTrader - an exclusive self-developed tradingplatform, competitive platform fees and top-notch customer service.
"It is a great honour to receive this award and we are heartened to seerecognition for our dedication to serving the global trading community,especially in Asia. We extend our deepest gratitude to our users who voted forus and supported our product and services. Our team is highly motivated tocontinue improving our services and we are striving towards bringing tradersworldwide a better trading experience", said a representative of MitradeHolding Ltd.
Since the company launched their proprietary trading platform back in 2019,Mitrade has witnessed robust growth and has over 800,000 users globally todate and continues to expand rapidly with offices around the globe.
Currently, there are over 100 financial instruments including Forex,Commodities, and Indices on Mitrade. A strong team of finance veterans andtechnology experts are behind the platform, providing unrivalled tradingconditions to its customers by having an in-depth understanding ofinvestors' needs and the expertise to improve current market offerings bycreating new solutions.
On top of this Best Forex Fintech Broker Asia Award 2021, Mitrade has won theBest Mobile Application 2021 Award by World Forex Award, and the FastestGrowing Broker Australia Award from International Business Magazine for twoconsecutive years - 2019 and 2020. The company has a multitude of otherawards, showing its consistent excellence as an online broker globally.Website: https://www.mitrade.com/about-us/awards
OTC derivatives are a leveraged product and can result in the loss of yourentire capital. Website: https://www.mitrade.com/
For media inquiry, please contact Ms Belle Toh at belle.toh@mitrade.com.
About Mitrade
Mitrade Holding Ltd, the innovative financial technology company that offersOTC derivatives online trading, operates its business under the regulation ofthe Cayman Islands Monetary Authority (CIMA) (SIB 1612446). With a mission tomake trading simplified, Mitrade provides a self-developed trading platformand over 100 markets with assets include forex, commodities, and indices thatbest suit investors' needs from all over the world.
Mitrade Holding Ltd
Copyright 2021 ACN Newswire . All rights reserved.
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Feb 03, 2021
Trading Currencies: A Bit of Pop in the Pop-Gun Policy from the RBA
For the first time in years the RBA caught the market slightly off guard.
Not around what it did, but more around when it did it.
The Board's decision to extend its quantitative easing program by a further
$100 billion, is something most had expected it to do. The second tranche
program will roll out at the close of the first tranche which could be
as early as April 9. The issue was that it has announced the second tranche
now, which certainly wasn't expected, as the market has been conditioned
to believe the RBA would foreshadow this move at the April board meeting
and 'confirm' this was the case and start immediately.
This wrong-footing announcement saw Australian bond yields plummeting
with the Australian 10-year falling like a stone down over 8 basis points.
The
AUD
went from $0.7660 to $0.7615 and eased further – it is battling to hold
onto the $0.76 handle and with the pressure of a falling iron ore price,
it is unlikely to hold this level in our opinion.
At the time of writing, over 75% of traders are
going short on the pair
:
Source: Data at 14:15 on Feb 4 (GMT + 11) on Mitrade
Cash rate for 2021 & beyond
What the RBA also signalled was that Australia's cash rate is now 'set'
until 2024. In fact, the statement suggests it could be longer than this
noting that inflation would need to be 'materially higher' before rates
could rise. Considering the RBA's mandate for core inflation is 2% to 3%
and it hasn't been in this band since the third quarter of 2015 – 2024,
maybe it is too short of a time frame.
It also puts a ruler through any idea that short-term inflation bursts
will cause the RBA to raise rate prematurely. As nations come out of the
COVID crisis with inflation rates that are coming from very low bases,
inflation could 'pop' over a quarter or so. But the RBA is signalling it
needs structural change – aka what the Federal Reserve is suggesting.
So, the RBA has shown it has some 'pop' in the RBA's pop-gun policy arsenal,
the caught is that it's still too small for it to be sustained, and the
Fed or ECB will run it over with similar packages of their own, which is
something to watch out for
.
Key Events to Watch in the Coming Week
BoE's Interest Rate Decision – February 4, 2021 (GMT +11)
RBA's Monetary Policy Statement – February 5, 2021 (GMT + 11)
Nonfarm Payrolls (Jan) – February 6, 2021 (GMT +11)
This article is prepared by Lucia Han from Mitrade and is for reference
only. We do not represent that the material provided here is accurate,
current or complete. The article content neither takes into account your
personal investment objects nor your financial situation, and therefore
it should not be relied upon as such. You should seek for your own advice.