The month of January is over and FxBrokerFeed brings you this week’s forex market recap. It has been a couple of days since the end of the IFXExpo Asia, where a number of the top forex brokers in and trading platforms such as shared news and updates on current and future projects.
Shortly after IFXExpo Asia, eToro announced their plans on additionally expanding their reach to the Southeast Asia markets and specifically Hong Kong. The forex broker additionally stated that traders in the region are lacking a good variety of platforms that can meet the needs of the investors. Vietnam, Malaysia, Philippines and Thailand are among the countries where cryptocurrency trading is growing at a fast rate and presenting more options to that part of the world will have a significant impact on the growth of the capital markets. eToroX also launched their brand new website.
This seems to have had a positive effect on the broker’s social credibility. Thanks to FxBrokerFeed’s monitoring tools, we see a significant rise in positive mentions of 15% and a decrease in negative mentions of 36%.
“In Asia’s competitive landscape, we don’t see a lot of sophisticated tech platforms that enable people to trade the global markets,” said Assia. “People in this region are interested in investing in global markets.”
Dukascopy announced the launch of the Dukascoin Website. It’s available in 5 languages and its main focus is to bring regular news and updates on the forex brokers’ cryptocurrency – Dukascoin. The website will also be the place for the official release of the Dukascoin White Paper.
You can check out our full report and mentions on eToro at:
Our weekly top trading platforms pics are FXPro, eToro, Exness and FXTM. According to FxBrokerFeeds social monitoring tools, these are the brokers with the best positive/negative mentions ratio for the week.
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