The exchange rate for the Ethereum was last updated on July 21, 2022 from This Bitcoin and Ethereum convertor is up to date with exchange rates from July 21, 2022. Market mode allows you to convert your assets at the current market price based on the quoted price in the FSCLC conversion. Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. We intend to provide a platform for users to manage all of the most popular cryptocurrencies, exchange them, and diversify their cryptocurrency portfolios.

Financial Service Сomission and Liquidity Control

In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you’re looking for and what you can trade. OctaFX offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. The proprietary OctaFX Trading App is also available, which allows clients to make fast deposits and withdrawals, trade, and read real-time market analysis while on the go. The European entity of OctaFX is regulated by the top-tier Cyprus Securities and Exchange Commission . The offshore entity of OctaFX (Octa Markets Inc.) is registered in St. Vincent and the Grenadines. According to the website, clients have negative balance protection, and client funds are segregated from the company’s operating funds.

06765121 Ethereum ETH to Bitcoin BTC

During the three months ended December 31, 2020, we realized decreases in stock compensation by $511, lease cost by $426 and business trip expenses by $315. As of December 31, 2020, and March 31, 2020, the Company had cash and cash equivalents held in brokerage accounts of related parties totaling $372 and $212, respectively. The securities received by the Company as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Company under FSCLC reverse repurchase agreements as of December 31, 2020 and March 31, 2020, was $230,312 and $10,272, respectively. The Company enters into these transactions in accordance with normal market practice. Under standard terms for repurchase transactions, the recipient of collateral has the right to sell or repledge the collateral, subject to returning equivalent securities on settlement of the transaction. Cash and cash equivalents are generally comprised of certain highly liquid investments with maturities of three months or less at the date of purchase.

Financial Service Сomission and Liquidity Control

As of December 31, 2020, and March 31, 2020, accrued interest on the loans totaled $31 and $0, respectively. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range between three and seven years.

Why is it important to know where your broker subsidiary (entity) is regulated?

During the nine months ended December 31, 2020, the Company sold shares that were not owned by the Company in the amount of $8,508. They consist of quality written content, charts, and some include numerous videos. While often brief, the content has educational value and offers new retail traders an excellent introduction to trading. The Tutorials section focuses on OctaFX-specific guides, and Video Tutorials cover MT4/MT5, the personal area of OctaFX, and OctaFX Copytrading. An FAQ section and a Glossary aim to answer the most common questions and introduce terminology. Traders may access the Manuals to obtain more specific assistance regarding the three trading platforms, related tools and services, and Autochartist. OctaFX guarantees that your risk is limited only to the funds you have deposited into your account.

  • All of the nonqualified stock options were subject to three-year vesting conditions.
  • Metatrader 4 provides robust technology and high security to enable traders to choose Forex or CFD positions without worrying about the stability of the platform.
  • No matter why users seek to exchange cryptocurrencies, one of the concerns is security of the operations and the data.
  • For example, if you want to buy 10 BTC with USDT and the price per BTC is 10,000 USDT, then you must have at least 100,000 USDT in your account to confirm the trade.
  • In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.
  • In the graph in Figure 8, you can see how the correlation of returns between Bitcoin, ETH, XRP, the S&P 500, and gold varied for 1-40 day returns.

Any activity on the platform should be focused on creating demand for the token. The demand for Qube is formed due to the volume of filling Qube liquidity pools and its demand as a Utility token. The user can directly stake QUBE tokens, earning tokens in the form of interest on the deposit. There are four main ways to make money with Qube Crypto Space, depending on the risk appetite of users and the size of the investment. Qube will focus on providing solutions, products, and functions of the Platform, which can be quickly and efficiently implemented increasing the relevance, circulation velocity, and value of QUBE tokens.

MetaTrader 4 Mobile App and OctaFX Trader App

During the nine months ended December 31, 2020, we continued our efforts to reallocate a portion of our proprietary trading portfolio from equity securities to fixed income instruments. The following discussion is intended to assist you in understanding our results of operations and our present financial condition. The Company has presented the deferred tax impacts of GILTI tax in its condensed consolidated financial statements as of December 31, 2020, and March 31, 2020.

Is OctaFX Safe?

Higher correlations for negative lags indicate that Bitcoin lags the corresponding asset and higher correlations for positive lags indicate that Bitcoin leads. In this case, Bitcoin leads Ether, Gold, and SPX, and lags the BCH, LTC, BNB, and XRP. Correlations have strengthened considerably from the corresponding 2-day returns and especially the correlation with conventional assets like Gold and stocks . Thus, in designing a regression model to predict one cryptocurrency based on its correlation with another, it would be better to use daily returns for short term predictions and prices for longer-term. In the graph in Figure 8, you can see how the correlation of returns between Bitcoin, ETH, XRP, the S&P 500, and gold varied for 1-40 day returns. The correlation of cryptocurrencies like the ETH or XRP peaked for one-day returns and then, in the case of ETH, remained fairly constant but declined considerably in the case of XRP for longer returns.

MT5 includes Level 2 Pricing, Robotic System Trading, Higher Chatting, VPS Support, Education Market. BTSE exchange has created an exchange engine that could process 2 millions transactions per second. This is a pleasant experience in this time, as most of our exchanges were slow and complacent when it came to platform performance that leaves the traders assets lost because they cannot submit orders in time. According to BTSE CEO Jonathan Leong in arecent interview, he highlighted that the system has needs to be built to support high frequency trading in order to to achieve high liquidity and attract volume. Petro-chemical and Oil & Gas Industry As part of Gazprombank’s strategy to reduce investments in non-financial assets, a transaction in October 2011 to sell shares in CJSC SIBUR Holding was completed. The transaction was completed pursuant to the conditions of an agreements executed in 2010.

Use fixed or floating rates to exchange Ethereum on Changelly at the best rates and with low fees. The platform is structured to be very simple to use while you trade everything from a wide range of crypto-assets to precious metals and 24/7 fractional shares. Oasis is a decentralized, non-custodial exchange built on the OasisDEX Protocol enabling the trade of the tokens used in Multi-Collateral Dai . DDEX is the decentralized exchange built on Hydro Protocol technology, offering real-time order matching with secure on-chain settlement. Bancor is an on-chain liquidity protocol that enables automated, decentralized token exchange on Ethereum and across blockchains. As of December 31, 2020, the value of the trading securities held in our proprietary trading accounts totaled $345,313 compared to $156,544 at March 31, 2020. This growth is primarily attributable to the purchase of additional debt securities in our proprietary trading portfolio and favorable market conditions.

What’s with the BTSE Token?

What is surprising though is that they have split the platforms according to the account type that you hold. We have gone over these above and if you are looking to use a particular platform then you will have to open that account. For example, on the Champion demo the first prize is $1,000 credited to your account. This is run on the MT4 platform and it has the lowest minimum deposit amount at only $100. For example, if you are on the Micro account then you may have to pay a swap fee.

A broad range of order types, including pending and stop-orders, are available via the MT4 app. However, trailing stop-loss orders are only available from the desktop. To change the language of the MT4 app, you must change the language for your entire phone. As with desktop and web, the interface is not the most intuitive, but the MT4 app offers an above-average range of features. For mobile trading, OctaFX offers the MetaTrader 4/5 mobile apps and the OctaFX Trading app via Android and iOS. The OctaFX Trading app has a modern, user-friendly interface and offers 1-click trading. The app allows users to manage their OctaFX personal profile, make fast deposits, and access real and demo accounts.

Why Choose OctaFX Forex Broker?

On December 30, 2020, the Company awarded restricted stock grants in the amount of 15,000 shares of its common stock to three employees. Of the 15,000 shares awarded pursuant to the restricted stock grant awards, 4,500 shares are subject to one-year vesting conditions, 4,500 shares are subject to two-year vesting conditions and 6,000 shares are subject to three-year vesting conditions.