Tyler

Fred Razak, Chief Trading Strategist Comments Johannesburg, 19 June 2023: The world's leading technology giants, Meta and Microsoft, have recently witnessed a significant turnaround in their stock prices. After facing setbacks and plummeting lows due to substantial events and legal challenges, both companies have been recovering, and this month, reached a new high for 2023. Fred Razak, Chief Trading Strategist at CMTrading, analyses this development and its potential impact throughout the year. The Rise of Tech Stocks "These stocks are riding high on the immense potential of artificial intelligence (AI). Although AI has already made its mark in the market, people are starting to realise that its full-scale application will take a few more years to unfold. As this technology continues to evolve, anticipation is building regarding its vast volume and scope," explains Razak. In addition to Meta and Microsoft, Razak highlights another company, Nvidia, which is deeply invested in AI and plays a crucial role in facilitating the hardware required for its operation. Nvidia is currently experiencing a record-breaking rally, surpassing not only 2023 highs but also reaching all-time highs. Razak emphasises the importance of closely monitoring these peripheral companies that are helping drive the AI revolution. An Exciting AI Frontier "This phenomenon reminds me of past events when groundbreaking innovations hit the market. Initially, numerous players enter the scene, but eventually, only one or two companies emerge as industry leaders," Razak remarks. "With the gates wide open, the AI race is on, and companies are vying to become the dominant players. However, we should be aware that there might be major contenders with superior products on the horizon, who may not be among the first movers." Razak draws a parallel with Google, which wasn't a significant player in the early days of the internet. However, by 2001, they began gaining mainstream recognition, …

Johannesburg, 5 June 2023: CMTrading is pleased to announce the launch of its 'Best In Africa' campaign, featuring the accomplished fighter Dricus "Stillknocks" du Plessis as the brand ambassador. This partnership began in 2019 and has proven to be mutually beneficial for both parties. Dricus has not only honed his remarkable online trading skills with CMTrading, but he also believes that anyone can achieve success in trading with the right partner. This exciting campaign encompasses various media channels, including PR, print and outdoor and mall advertising, and social media platforms, where followers stand a chance to win exclusive shirts signed by "Stillknocks" himself. Renowned for being an award-winning and the best trading platform in Africa, CMTrading has once again teamed up with South Africa's best in the octagon. The synergy between these two exceptional entities is evident in their successful collaboration as business partners. There is no denying that Dricus is one of South Africa's greatest fighters. He continues to make waves in the industry as a two-weight class EFC champion and an undefeated UFC competitor. Scheduled to face former UFC Middleweight champion Robert Whittaker in a title eliminator fight on July 8th at UFC 290 in Las Vegas, Nevada, du Plessis is leaving no stone unturned in his preparation. However, many may not know that he has also been training himself in the art of stock trading during his spare time. Dricus attributes his additional skill set to his long-standing partnership with CMTrading, which has provided him with valuable knowledge and expertise. This collaboration has allowed him to broaden his horizons and delve into a field he may not have explored otherwise. Known for his strategic approach in the ring, Dricus understands the importance of having options and opportunities. Mastering both stand-up fighting and ground techniques, he has acquired the art and balance needed for the cage. Drawing parallels between …

Johannesburg, 9 May 2023: Cybercrime is becoming an increasingly significant issue for private businesses, individuals and government, and new threats are constantly emerging that prove it is now essential that business starts prioritising cybersecurity. What is cybercrime? Where is it coming from? And what is the expected impact on the economy? Fred Razak, Chief Trading Strategist at CMTrading, gives us his analysis. What is cybercrime, and how does it affect economies? “Just because we don’t see physical wars between powers doesn’t mean digital wars don’t exist,” he says. “Countries have been hacking each other as long as the concept has existed. There is a big market out there for these kinds of crimes, and it would be naive of us to assume that governments aren’t involved.” “A great way to weaken an opposing government is to cripple their financial sector. This is primarily why Wall Street, for example, has offsite locations and extreme security measures – to ensure markets can continue to trade,” Razak explains. “When the stock exchange floor was in New York, and 9/11 happened, and everything stood still. Oil, gold, it all went into a standstill for a few days until they could put it back together. This isn’t the case today because everything is automated.” “The issue here is that numerous governments around the world have the motive to attack each other. In the case of America, for instance, anyone from North Korea to Russia, Iran and even China may decide that they want to affect the American economy via a cyberattack. Fortunately, there are some checks in place,” says Razak. Who is responsible for protecting the system? “I should think that it’s clear that the central government of every country should represent their citizens and protect the companies that engage in business in their countries. If somebody is going after Chase Bank, then it’s the United States that needs to protect Chase Bank because it’s an American entity,” says Razak. …

Johannesburg, May 2023: With the ongoing decline in the popularity of cash, the vast majority of businesses in the modern era will need to be able to receive electronic payments of some kind or another. Whether through EFT credits, debit orders, card payments, these businesses will all require a "payment solutions provider" with access to the banks and can facilitate these payments. Unsurprisingly, who one partners with, in terms of the provision of payment solutions, can become an important decision affecting the business's day-to-day operations and impacting cash-flow and bottom-line profits. The business owner must understand who they are working with and make their decisions for a payment solution partnership from a position of knowledge. Here then, are the five questions you have to ask a payment solution provider before you agree to sign up. Are the services offered in line with my business needs? This is quite a big question and will require a business owner to understand their business thoroughly. Any payment solution provider must be able to match the needs of the company in question. While it may be obvious, for example, that a store's payment solution provider be able to take card payments, what may be less obvious is that this payment solution provider must also be able to scale for volume and grow the services offered as the business grows. In addition, the business may diversify the way it offers its products, for example offering goods on credit which may require a debit order solution for future dated payments. Flexibility from the payment solution provider will be essential for the business's long-term success. It's no good to be locked into a rigid solution that will not allow the business to do what it needs to do before the end of the contract. It's important to ask how agile any potential payment solutions providers services are, whether they offer a broad range of payment streams and solutions within the National Payment System, and …

Johannesburg, April 2023: Having just celebrated ten years of operational excellence in 2022, CMTrading continues to reach new heights in 2023. The financial brokerage can now claim over 1,000,000 happy subscribers and is also celebrating winning ten awards so far in 2023 for its world-class trading experience. Among the awards won is the highly sought-after “Best Performing Financial Broker Africa” from Global Business Review Magazine, an award that was backed up when they took home the Global Business and Finance Magazine Awards titles for “Fastest Growing Broker Nigeria 2023”, “Best Performing Broker South Africa 2023” and “Fastest Growing Financial Broker Middle East 2023”. CMTrading, whose services include stock trading, forex trading and CFD trading, also took home two World Business Stars Magazine Awards in the United Kingdom for “Best Broker in Nigeria 2023” and “Most Innovative Forex Broker in GCC & Africa 2023”. The four other awards picked up were the Global Business Review Magazine, “Best Growing Broker Kenya 2023” and “Best Growing Broker Nigeria 2023” as well as the Global Business Magazine “Best Financial Broker Nigeria” and “Best Partner Program GCC 2023”. Following the wins Ibrahim Shanableh, regional manager for GCC, “I believe that CMTrading has been deservedly recognized for its achievements. The CMTrading team’s hard work and dedication have resulted in several notable awards, reflecting the vision of top management to position CMTrading as a top-tier company.” Alon Roslyakov, CMTrading South Africa Office Manager expressed his delight and explained that winning these awards can serve as a source of pride and motivation for the brand’s employees, stakeholders, and customers as they showcase the company’s commitment to excellence in its operations and services. “Awards such as these can help to establish a brand's reputation as a trustworthy and reliable financial service provider. Winning industry awards can attract new …

Johannesburg, 24 April 2023: Four years ago, CMTrading started on a sporting sponsorship journey with South African UFC fighter, Dricus "Stillknocks" du Plessis. Now Dricus has utilised this exposure to the award-winning broker's highly effective online support and training, to learn how to trade online himself successfully. Despite starting with zero experience, Dricus has been able to upskill himself with the help of CMTrading and is now sharing his journey to becoming a competent online trader through a blog on the CMTrading website. "As a professional fighter, I know that discipline, focus, and determination are essential to succeed in any field. The same applies to online trading. With the right partner like CMTrading and a willingness to learn, anyone can become a successful trader and potentially set up a lucrative passive income stream. I am excited to share my journey with others and inspire them to take the first step towards financial freedom," says Dricus. Dricus wants to emphasise to his followers and anyone new to trading that anyone can learn to trade. He is a normal person who started with no experience, and he encourages others to take the journey with him. To help others get started with online trading, Dricus encourages people to follow and read his blog series on the CMTrading website. He also shared three simple steps to implement right away. First, follow CMTrading on Facebook and Instagram to watch their weekly Motivational Monday and Technical Tuesday videos featuring Senior Trading Strategist, Fred Razak. Second, listen to CMTrading's podcast, Keeping Up with Trends, for more tips and insights from Fred. Lastly, cmtrading.com offers an entire education section where people can watch training videos, attend webinars and live seminars, and even download ebooks for free. Next month, Dricus will discuss how to start CMTrading, open an account, deposit, copy-trade, learn from other traders, and perform your first trade. In the …