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Jeffrey Cammack is the Editorial Director & COO of Schlossbrink AB – and an owner of the FxScouts brand. He has over 12 years of experience in financial product marketing, education and analysis.
Jeff has been a Forex trader since 2007, having first started marketing complex investment products in 2006. He narrowed his professional focus to CFD and Forex products in 2010 and has been reporting on macroeconomic issues and currency analysis since 2012. He has been quoted by various media outlets, including MarketWatch, Yahoo News and US News & World Report. His educational background in communications has given the organisation strong editorial direction and clear, actionable mentorship for our readers.
Jeff has held many educational, management and advisory positions in the online world. From his start in corporate education, his approach has always been to drive change and knowledge growth. He achieves this through clear and structured communication with the goal of helping others understand complex issues with ease.
Jeffrey Cammack May 26, 2020 01:55 PM
SquaredFinancial has a large range of tradable assets, low admin fees, and an Elite account with very low trading costs. This combination will appeal to many traders, though many beginners may be put off by the high minimum deposit on the Elite account. SquaredFinancial has two trading accounts on both the MT4 and MT5 trading platforms. The SquaredPro Account is an entry-level account with no minimum deposit and trading costs included in its variable spreads, which start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD. SquaredFinancial's commission-based Elite account has a minimum deposit requirement of 500 USD, excluding many beginner traders, but offers spreads of 0 pips on the EUR/USD in exchange for a low commission of 5 USD, making it one of the lowest-cost trading accounts in the industry. SquaredFinancial's clients are not charged for making deposits, and withdrawals only incur a fee if there has been no trading on the account. SquaredFinancial offers over 10,000 financial instruments to trade, a much broader selection of assets than is typically available at other brokers, including over 40 forex pairs, 9000 share CFDs, 250 ETFs, commodities, and cryptocurrencies. Although trading tools, market research, and education are limited, traders beginners will be able to subscribe to automated trading signals from Trading Central, a world leader in technical and fundamental analysis.
Jeffrey Cammack May 26, 2020 01:55 PM
Founded in 1999, Spreadex is a large sports and spread betting broker with a CFD division that offers a low-cost trading environment on a wide range of tradable assets. However, support is limited to its proprietary platform and Spreadex offers virtually no trading tools. Spreadex offers one live commission-free CFD account with no minimum deposit requirement and spreads starting at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is significantly tighter than other similar brokers. Spreadex also stands out for the number of financial assets on offer, including over 3000 share CFDs, 200 ETFs, over 60 Forex pairs, 31 commodities, indices, and a small range of cryptocurrencies (though under FCA regulations cryptos are only available for professional traders). Some drawbacks for traders considering Spreadex are that it offers no demo account, an unusual move considering Spreadex only offers trading on its proprietary platform. It also offers little in the way of educational or market analysis materials, forcing beginner traders to educate themselves elsewhere. Overall, Spreadex will appeal to traders who value a low-cost trading environment and a vast range of tradable assets.
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