Madalina Rotaru, CEO of Key Way Markets
Dubai – Cryptocurrency is now the newest and most effective addition to the digital payment industry, with traditional financial firms from Paypal, Visa, MasterCard and Square entering Bitcoin
New investors are increasingly turning to online trading as a way to earn extra income thanks to new regulations designed to protect them and their investments, experts have revealed.
“When it comes to e-commerce, there’s no denying that some people are still reluctant, especially millennials; however, as we have witnessed in recent years, people have started to overcome this fear and now have a better understanding of the profits they can generate by trading the markets and the risks that come with it,” Madalina Rotaru, CEO of Key Way Markets, said Khaleej Times.
She also highlighted how CAPEX, a global brand operated by Key Way Markets, set out to change the way people in the Middle East invest, making online trading more accessible, rewarding and secure in the region. . “Since opening our strategic location in Abu Dhabi, CAPEX, which is regulated by ADGM, CySEC, FSCA and FSA, continues to deliver an authentic and one-of-a-kind trading experience. Whether professional traders or individuals, CAPEX is always striving to develop new products and services that innovate and improve the way people invest.
The CAPEX team is primarily focused on helping clients learn to trade and gain the knowledge and experience to change the markets, providing them with a wide range of educational materials, online trading courses and video tutorials. The platform was recently named “Best Online FX Trading Platform” at the last Forex Expo 2021 in Dubai.
Rotaru noted that the internet has had a massive impact on investing, especially for retail investors, by introducing electronic markets and automatic order execution. Mainly, it is the easy access to financial markets, she underlined. “The rapid growth and improvement of the Internet in terms of cost and speed has lowered the barrier to entering markets, making it easier for people to start trading within minutes. Additionally, there are now many online resources that people can take advantage of to work on their trading skills and get insights from market experts.
The effect of the internet on lowering fees for retail investors is another factor to add to the list, she added. In the past, full-service brokers could exercise control over the market and charge what now appear to be exorbitant commission rates.
Looking back, she noted that the market has seen a series of unpredictable social and political events that have affected market volatility in recent years. The price swings that the world has been experiencing since the start of 2020 have been seen as crucial in the financial market. The global economic slowdown caused by the Covid-19 outbreak with a global lockdown and the US election had a massive impact on the markets and led to high levels of volatility. As a result, the e-commerce industry has become densely populated and has seen a lot of business activity.
“The high levels of volatility brought about by these events increase traders’ interest in investing in the market, while considering the risk that may come with it,” Rotaru explained. “Thanks to FinTech companies like CAPEX, which offer innovative and intuitive mobile and desktop trading platforms, it is now much easier for people to enter the financial markets and start their trading journey. I think it It is safe to say that the global economy is inevitably moving towards a digital ecosystem.As we can see, for example, the largest banks in the world are beginning to accept Bitcoin as a method of payment.
She also noted that markets are moving towards a more digital and paperless world when it comes to investment or payment methods. Cryptocurrency is now the newest and most successful addition to the digital payment industry, with major financial firms from Paypal, Visa, MasterCard and Square getting into bitcoin. Some of the main factors driving the popularity of cryptocurrency, she said, are the media frenzy over its value boom — from celebrities investing in Bitcoin like Elon Musk, to a crypto community highly engaged on social media which fuels Bitcoin’s popularity.
“Another reason that will keep people interested in cryptocurrencies is the comparison between Bitcoin and gold,” she said. “And like gold, some cryptocurrencies can retain their value during times of economic stress or rising inflation.