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eToro Raises minimum first time deposit to $500

eToro has raised it’s minimum first deposit amount to $500.

The move comes after a surge in demand on the platform due to the popularity of cryptocurrency trading.  The CEO penned a blog post to customers in December:

I’m happy to say that a growing number of people are choosing eToro as their preferred platform to trade and invest in cryptocurrencies. However, this growth has created some challenges for us, both from the technical and customer service ends

It remains to be seen if this move will have an impact on the worlds most popular social trading platform. eToro did temporarily increase this amount to $1000 but backed down days later.

The move to a $500 minimum only applies to first time deposits and customers will still be able to deposit smaller amounts.

Earn Qantas Frequent Flyer points trading Forex on Pepperstone

Now you can earn Qantas Frequent Flyer programs when you trade forex on Pepperstone.

While many brokers offer cash bonuses for deposits, I haven’t seen many brokers offer Frequent Flyer points.  And the good thing is, this isn’t just a one off bonus.  You’ll also earn points every time you make a trade.

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eToro now Supports Bitcoin Cash Trading

The popular social trading platform, eToro has begun supporting Bitcoin Cash.  This could be a huge boost to the currency as it makes it available to mainstream investors and traders on the worlds largest social trading platform.

eToro is a fully regulated broker and accepts deposits via numerous methods (such as credit card and paypal) – something which most cryptocurrency exchanges don’t offer.

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Plus500 faces lawsuit over “rigging” claims

The popular trading platform, Plus500 is facing a possible class action lawsuit over claims that it’s platform is rigged.

The firm behind the lawsuit is claiming that Plus500 is not placing trades in a timely manner and has built in a delay on purpose.

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EasyMarkets Launches Bitcoin Trading

EasyMarkets, the popular forex platform has launched Bitcoin CFD Trading.

It seems like there isn’t a week that goes by when a broker jumps in the the cryptocurrency space.    And for good reason – Bitcoin and other cryptocurrency trading is on the rise.  And more and more traditional investors are incorporating it into their trading.

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Admiral Markets adds Bitcoin Cash

Over the past two years, we’ve seen a lot of forex brokers add Bitcoin and other Cryptocurrencies such as Ethereum to their trading platforms.   Well now, Admiral Markets has added the controversial bitcoin fork, Bitcoin Cash.

Bitcoin Cash was created as a result of a hard fork in the Bitcoin Blockchain.  A number of miners didn’t like the direction that bitcoin was headed, so they essentially created their own.

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The best forex platform for beginner traders

Forex can be confusing, and it’s an easy way for beginners to lose their money.  So I wanted to write about a platform that I think is perfectly suited to beginners.  It’ll help you make more money, reduce your risk and is also the perfect place to learn how to trade.

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