A contract-for-difference (CFD) broker says its platform is one of the first to operate in both crypto and fiat currencies — with a simple interface that’s designed to appeal to new and advanced traders alike.
SimpleFX says that it already boasts more than 200,000 active traders around the world and aspires to become “the go-to app for the new generation of mobile-first traders.” In order to achieve this objective, the company has added social features that deliver a social element to its platform — giving experienced traders an opportunity to gain influence, mentor their followers and earn a reputation.
Known as Trading Ideas, the feature enables traders to share their insights on movements in the stock markets, forex and crypto worlds. They can take snapshots of customized charts, write a comment about the trends they have uncovered, and broadcast it far and wide on social media.
Each Trading Idea link is attached to Unilink.io Affiliate Software, a solution used by the SimpleFX referral program. Whenever somebody clicks it and signs up for the platform, the account will be connected to the Unilink account of the user who published the Trading Idea. This means that for any trade ever made from the account registered via a Trading Idea, its creator will receive up to 25 percent of the spread, the company says.
Live quotes and chart widgets
Another new feature for website owners and bloggers works in a similar way. With SimpleFX live quotes and chart widgets, they can generate “free quality content” in a matter of clicks. Widgets are fully customizable and provide real-time quotes, charts and currency converters of all the trading symbols available on SimpleFX. Putting them on their sites, publishers and bloggers can capitalize on the millions of Google searches related to cryptocurrencies and forex that take place on a monthly basis.