admin

Over 1000 trading Assets – SimpleFX Extends its Offer!

SimpleFX has
been providing top-quality trading services for over ten years. From now on,
you will have access to the massive offer extension – the platform has extended
its portfolio to over 1000 trading assets from all over the world.

Multiple benefits for
the traders

SimpleFX decided to extend its offer to hundreds of
equities from all over the world. From now on, the platform will offer assets
from every continent inhabitant. More countries listed on SimpleFX open up
numerous opportunities for traders interested in the stock market.
Additionally, the platform gives access to more cryptocurrencies!

  • The platform has introduced
    several new regions to its offer, including Australia, Malaysia, Hongkong,
    the Republic of South Africa, and Singapore.
  • Moreover, SimpleFX has broadened
    its existing markets, such as Brazil, Germany, France, Japan, Sweden, and
    Turkey.
  • Multiple new equities provide
    numerous options to diversify traders’ portfolios, depending on their
    style of trading and attitude.
  • This extension gives access to
    the worldwide stock market on SimpleFX due to the diverse time zones in
    which certain markets operate.
  • The platform enables traders to
    cross their equities’ trading with related assets from different
    categories, including cryptos (Bitcoin and altcoins) or commodities and
    metals (gold, oil, and more).
  • Additional 19 altcoins provide
    even more exposure to this emerging market. Cryptos such as Ripple and
    Toncoin generate huge interest from worldwide traders and now are
    available on the platform.

With over 1000 instruments available on SimpleFX, users can
benefit from multiple trading opportunities. The platform offers hundreds of
other financial instruments from different categories, including forex currency
pairs, already-mentioned cryptocurrencies, and indices from worldwide markets.

Complete NASDAQ and
S&P500 offer available

The extension was focused mostly on the American assets.
SimpleFX decided to add EVERY asset listed on the US100 and US500
indexes. These two indices are treated as benchmarks for the American hi-tech
environment and the whole national economy.

Why is it such essential information for traders? Both
NASDAQ and S&P500 consist of the leading companies in the United States.
Their performance directly impacts these indices’ value. With over 500 American
equities listed in the SimpleFX offer, users can analyze this market in
numerous ways. Traders using the SimpleFX Webtrader platform can benefit from
various tools that make technical analysis as easy as possible. It’s up to you
whether you want to focus on the major indices and biggest companies or dig
deeper into diverse sectors.

American equities cover multiple branches. Hi-tech and AI
may be the most popular, but mining, energy, pharmaceutical, FMCG, financial
services, and retail play crucial roles in shaping the S&P500 and the
American economy.

Notable additions to the
SimpleFX offer

Here are the biggest additions to the SimpleFX offer from
all over the world:

  • BHP.AU: BHP is the biggest mining
    company not only in Australia but also worldwide. This giant conglomerate
    focuses on exporting iron ore, copper, and nickel. The company is
    responsible for about 10% of the entire Australian sharemarket, making it
    the unprecedented leader in the Down Under. Traders monitor BHP stock price due to its fundamental
    impact on the mining industry and the ASX200 index.
  • Tencent Holdings (HKG: 0700): Focused on the Far Eastern
    market, Tencent operates in multiple internet-related areas. The company
    has introduced WeChat, the biggest communicator in the region, as well as
    heavily invested in gaming. Tencent owns stakes in companies that created
    Roblox, Fortnite, and League of Legends.
  • Intel (INTC.US): Known for its technological
    solutions for decades, Intel constantly improves and evolves to meet its
    customers’ needs. The tech giant, listed on NASDAQ, currently focuses on
    implementing AI in its devices for both individual and business clients.
  • RTX Corp (RTX.US): One of the largest companies in
    the aerospace and military industry. RTX Corporation develops
    defense-related products such as aircraft engines, aerostructures, and
    cybersecurity solutions. Due to the uncertain geopolitical situation,
    equities from the military sector gain a lot of attention from traders
    worldwide.
  • Ripple (XRPUSD) is a coin representing a digital
    payment protocol that aims to enable fast, low-cost cross-border
    transactions. It’s used by financial institutions to facilitate real-time
    settlements and reduce transaction fees. Ripple’s infrastructure is widely
    adopted by banks and payment networks as a settlement infrastructure
    technology.

Continuous development

SimpleFX concentrates
on constantly improving its features and services. The offer extension is one
of many additions to the platform that keeps providing new solutions to make
the trading experience more convenient.

The platform has extended its registration options. Now,
traders can choose between SVG and MU jurisdictions to register and start
trading. Both options give unique opportunities for users who want to engage in
trading their favorite assets.

Moreover, SimpleFX has recently added options for
withdrawals and deposits via Mastercard and Visa credit cards for fiat
currencies. This option is available for USD and EUR accounts after meeting
certain conditions. It looks like the platform aims to meet clients’ needs and
wants to deliver a comfortable trading experience.

Keep in mind that SimpleFX still owns 20 deposit methods
via crypto and has state-of-the-art solutions regarding cybersecurity and the
speed of transactions. With the extended offer and a demo account for new
users, the platform is a perfect place to start your trading journey and take
the following steps in investing.

This article was written by FL Contributors at www.forexlive.com.

Over 1000 trading Assets – SimpleFX Extends its Offer! Read More »

Bitcoin consolidates at a key level as the market awaits a catalyst for a breakout

After the strong risk rally triggered by Trump’s pause in reciprocal tariffs, most markets just went into consolidation awaiting new information. Bitcoin is one of those markets.

The focus switched towards trade negotiations and we are waiting for the first trade deals to start building expectations. We could just range until then.

There are some positive signs with China saying that they are open for talks but there’ve been also some disappointing news on the trade negotiations front as nothing has come out yet as it’s been all nice words but zero facts.

On the daily chart, we can see that bitcoin got stuck in a consolidation right at the key trendline. This is where we are having a battle between buyers and sellers. A strong rejection should open the door for a move back into the lows, while a successful breakout will likely take us to the 90,625 level quickly.

On the 1 hour chart, we can see more clearly the rangebound price action between the 83,000 support and the 86,125 resistance. The market participants will likely continue to play the range until we get a breakout on either side.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

Bitcoin consolidates at a key level as the market awaits a catalyst for a breakout Read More »