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Showing posts from August, 2021

3 Places to Buy Stocks That Are Better Than Robinhood - The Motley Fool

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Online stock broker Robinhood has had a rough year. Stoppages during the meme stock explosion in January led users to file dozens of class action lawsuits. Then the Financial Industry Regulatory Authority hit the broker with a record fine for regulatory noncompliance. And Robinhood is still reeling from its lackluster IPO launch. That said, Robinhood's problems didn't start when the ball dropped at the end of 2020. The platform has had years of outages and customer service problems that led them to this year's train of disasters. While there is a somewhat reasonable argument that the broker is still working through its growing pains -- Robinhood has been around less than a decade -- that's cold comfort to burned users. At this point, all that bad press may have you reconsidering whether Robinhood is the right place for your money. Robinhood's app and features are certainly robust -- when they're at 100% -- but it's hardly the only stock trading app on the ma...

Spotware updates cTrader Automate to improve keyboard interaction - FinanceFeeds

[unable to retrieve full-text content] Spotware updates cTrader Automate to improve keyboard interaction    FinanceFeeds

First-step analysis: fintech regulation in Netherlands - Lexology

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Financial regulation Regulatory bodies Which bodies regulate the provision of fintech products and services? There is no specific regulatory framework applicable to the provision of fintech products and services. Furthermore, it is unlikely that such a specific Dutch regulatory framework will be established now that the Dutch Authority for the Financial Markets (AFM) and Dutch Central Bank (DNB) have issued the recommendation to regulate cryptos at an international level.  As such, depending on the nature and scope of products and services offered, the AFM and DNB supervise compliance with conducts of business rules and prudential requirements respectively. Regulated activities Which activities trigger a licensing requirement in your jurisdiction? Depending on the nature and scope of services offered, licensing requirements under the Dutch Financial Supervision Act (FSA) and secondary legislation may apply. The following activities are regulated under the FSA. Deposit-taking a...

Online traders: If you use Robinhood or other apps, the SEC wants to hear from you - Fast Company

The SEC is concerned that the use of gamification techniques could harm or disadvantage retail investors. By Michael Grothaus 1 minute Read The Securities and Exchange Commission has announced that it is seeking feedback from the public about the "gamification" of online trading. Particularly, the SEC is interested in how this gamification can change or affect user behavior and their trading choices on the platform as well as platforms' uses of digital engagement practices (DEPs), essentially predictive analytics. Though the SEC, for now, is just on an opinion-finding mission, it is clearly concerned that the use of gamification techniques and DEPs could harm or disadvantage retail investors, perhaps causing them to make trades that will be detrimental in the short or long term. Announcing its call for feedback, SEC Chair Gary Gensler said, "While new technologies can bring us greater access and product choice, they also raise questions as to whether we as investor...

Commission-Free Indices At FBS - FX Empire

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FBS appreciates the traders' comfort and wants to give anyone access to the global markets in a few clicks. Thus, the company added even more trading instruments in MT4&5 and the all-in-one FBS Trader app. Commission-free Cash-based indices are now available for trading. These indices have no expiration date. It means that once you open a long-term position, all the worries about its early closing may be left behind. Cash-based index orders are timeless and closed at the time a trader finds it appropriate. There is the full list of available Cash-based indices: JP225 – Japan 225 index (Nikkei) US100 – Nasdaq index US30 – Mini-sized DJIA index Dow jones US500 – E-mini SP 500 index AU200 – Australia 200 index EU50 – Euro Stoxx50 Index FR40 – CAC40 index HK50 – Hang Seng Index UK100 – FTSE 100 Index DE30 – DAX index ES35 – Spain 35 index XTIUSD (WTI) XBRUSD (Brent) XNGUSD (Gas) Choose your favourites among Cash-based indices and trade them o...

Best Online Brokers, 2021 - Kiplinger's Personal Finance

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Online brokers are enjoying explosive growth as investors beat a path to their virtual doors. In fact, 2020 was a record year: More than 10 million new brokerage accounts were opened, many by first-time investors, according to market research firm J.D. Power, driven by the seemingly unstoppable bull market, commission-free trades and the pandemic lockdown all helped to break down investing barriers, both financial and emotional. And then there was the meme-stock frenzy (Game Stop, AMC Entertainment Holdings) that enticed hordes of eager investors to get in on the game. The influx of new investors has put a spotlight on finding a good brokerage firm. In this year's annual online broker survey, we review nine. Five are large brokers that offer something for almost every kind of investor: Charles Schwab, E*Trade, Fidelity, Merrill Edge and TD Ameritrade. (Schwab's 2020 acquisition of TD Ameritrade has not resulted in changes to most of the services the firms offer, and it may not ...

3 Places to Buy Stocks That Are Better Than Robinhood - The Motley Fool

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Online stock broker Robinhood has had a rough year. Stoppages during the meme stock explosion in January led users to file dozens of class action lawsuits. Then the Financial Industry Regulatory Authority hit the broker with a record fine for regulatory noncompliance. And Robinhood is still reeling from its lackluster IPO launch. That said, Robinhood's problems didn't start when the ball dropped at the end of 2020. The platform has had years of outages and customer service problems that led them to this year's train of disasters. While there is a somewhat reasonable argument that the broker is still working through its growing pains -- Robinhood has been around less than a decade -- that's cold comfort to burned users. At this point, all that bad press may have you reconsidering whether Robinhood is the right place for your money. Robinhood's app and features are certainly robust -- when they're at 100% -- but it's hardly the only stock trading app on the ma...

Interested in investing? 6 stock trading apps for UK users in 2021 - UKTN (UK Technology News

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Are you interested in investing in stocks? Are you also looking for the best stock trading apps in the UK? Here is a list of mobile apps that charge you zero to a meagre amount to trade stocks. Take a look at the available apps and the pros and cons of each stock trading app. Image credits: Trading212 Trading 212 The Trading 212 is a commission-free mobile app that lets you purchase over 4,000 stocks and ETFs. While this app offers support to several UK and international exchanges, you can access other marketplaces to trade stock CFDs. Trading 212 does not have a minimum deposit threshold, so you can decide to start trading stocks with tral money, deposit as much as you like and so on. You can choose from a UK debit/credit card, e-wallet, or bank transfer to do this. You can download the Trading212 Android or iOS app that is safe and easy-to-use amd start trading. Pros 0% commission on all asset classes No minimum deposit amount Deposits are protected Cons L...

Digital Assets: The Future Of Capital Markets - Forbes

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For many years, certain parts of financial markets have been burdened by unnecessary restrictions leading to inefficiencies regarding the free allocation of capital. The upcoming broad applications of digital assets promise to change this. This article serves as an introduction to the topic of digital assets and describes some of the associated opportunities and challenges for retail investors, institutional investors, and financial service providers. Legacy markets have long faced obstructions stemming from limitations on asset class availability, the difficulty of cross-border transfers, and minimum capital requirements, to name a few. Considering the possibilities and universal applicability of digital assets, all market participants stand to benefit from at the very least becoming familiar with the topic and possibly even developing a strategy for the capital markets of tomorrow.  Introduction  Similar to "Blockchain", "Digital Assets" is ye...