OhMyGeorge, a international trade (foreign exchange) buying and selling app, introduced final week that it has joined forces with AxiTrader, a retail foreign exchange dealer, to enhance the profitability of merchants who use the app.
Established in 2016, OhMyGeorge is a part of Lucolimat Restricted, a software program firm aimed toward millennials. The app permits new merchants to steer their means by the advanced monetary markets.
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The app was created by French developer Lucien Tavano, who noticed a necessity for a extra streamlined buying and selling app. Since launching, OhMyGeorge has nearly 200,000 downloads throughout the globe. Along with the FX buying and selling app, Lucolimat Restricted additionally develops buying and selling software program and different merchandise for fintech startups and monetary establishments.
OhMyGeorge has developed right into a gamification buying and selling platform, the place merchants can “stage up”. As they climb up the degrees, traders are launched to more and more advanced terminology steadily, permitting rookies to discover ways to commerce with out being overwhelmed.
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In keeping with the assertion, with the European Securities and Markets Authority (ESMA) regulation now requiring European brokers to show shopper profitability on their web site, apps corresponding to OhMyGeorge have grown in recognition.
Due to this statistic, many brokers in Europe are searching for methods to cut back the variety of purchasers that lose cash. In keeping with Lucien, AxiTrader was an ideal match to assist enhance the profitability of merchants utilizing the app.
“AxiTrader was a pure partnership for OhMyGeorge, they provide many instruments for rookies that we’re capable of combine into the buying and selling app,” he stated.
AxiTrader was based in 2007 and it’s headquartered in Australia. The dealer has proven its dedication to buying and selling schooling all through its operations. Solely final month the agency introduced that it has entered right into a partnership settlement with Knightsbridge Buying and selling Academy.
OhMyGeorge celebrates AxiTrader collaboration
To commemorate the collaboration OhMyGeorge is internet hosting a contest the place the winner will obtain a $500 reside buying and selling account at AxiTrader. The competitors begins on January 20, 2018, and can run for one week.