As the week draws to a close, the distribution of value in crypto markets is continuing to shift toward altcoins.
FM
Bitcoin continued to trade sideways this week as Ether and other altcoins took the spotlight. ETH’s most recent all-time high (ATH) of $3,541.46 took place on Wednesday; by Friday, the price had settled at around $3,460.27. Dogecoin (DOGE) also hit a new ATH yesterday of roughly $0.69; CoinTelegraph called DOGE’s rise “the leading indicator for alt season.”
Matthew Unger, the Founder of iComply, told Finance Magnates that DOGE’s rise is “the biggest news of the past 3 months.”
“We can expect to see DOGE become a major contender as it enters the top 3 cryptos. The network continues to be underestimated because it was ‘made as a joke,” he said, adding that: “Fundamentally, DOGE has a lot going for it and that simply has not yet been priced in.”
Everyone wants to know where we are at in my "Path to Altseason" chart.
We're in the Phase 2-3 overlap. Large caps are starting to move. Phase 2 has heated up and we're seeing early signs of Phase 3. PHASE 3 incoming! pic.twitter.com/tCZdNx995c
For one thing, the wealth distribution of cryptocurrency markets seems to be shifting. Michael Dalesandro, Founder and Chief Executive of Chicago-based RockItCoin, told Finance Magnates that he believes that: “we are starting to see a maturing of the crypto marketplace.”
“Bitcoin's dominance by market cap has dropped from 75% to below 50% in 2021 so more capital is flowing to the opportunities that exist in altcoins which have shown dramatic increases,” he added. “But, I think this is just the usual cooling-off we have seen with Bitcoin in the past; I fully expect it to continue its climb.”
Still, the dynamics in the market are shifting so much so that some analysts believe that crypto markets are in an 'alt season'. Chad Steinglass, Head of Trading at CrossTower, told Finance Magnates that: “as BTC has been struggling to find direction for weeks, ETH and many other altcoins have taken over traders’ attention.”
“After consolidation in BTC towards the end of April, bulls got their hopes up for an announcement of another company adding BTC to currency reserves during the heart of tech earnings season,” he said. “However, earnings reports came and went with no mention of BTC, and in fact, of the major companies that had already been involved, TSLA trimmed their holdings somewhat and MSTR did not add during the recent dip.”
Still, there was “some positive news for BTC this week” when NYDIG and Fidelity announced that they would be “partnering to offer crypto services to retail bank customers,” a factor that Steinglass believes will “further the narrative of mass adoption.”
Bitcoin Trades Sideways as Altcoins Soak Up Investor Capital in Crypto Markets
Benjamin Leff, Chief Operating Officer of Sheesha Finance, told Finance Magnates that: “Bitcoin has taken a backseat while altcoin season picks up.”
In other words, the strong performances of many altcoins over the last several weeks seem to have drawn an increasing number of investors.
What are the other cryptocurrencies that may have a higher earning potential than Bitcoin? All eyes this week were on Ether (ETH). The native token of the Ethereum network reached yet another all-time high.
Indeed, this whole year has been a series of new ATHs for ETH, and, as such, ETH has outperformed BTC several times over. Dalesandro told Finance Magnates that: “Bitcoin is purely a cryptocurrency, whereas Ethereum is a cryptocurrency and a decentralised software platform.”
“It also supports many ERC20 tokens, which I believe is drawing funds away from Bitcoin and toward Ethereum,” he added.
“The value of ETH that is locked in DeFi staking pools has reduced the supply of coins available for trading, which has increased its scarcity,” he said. Combined with the anticipation of the move to Eth2.0, “which will move the network away from Proof-of-Work and towards Proof-of-Stake and deflationary characteristics, and many investors are looking to accumulate ETH in advance of the changes in the network.”
“Lastly, purely from a technical standpoint, any crypto that is making new highs is generating its own buzz and the move can become a self-reinforcing phenomenon, at least for a little while,” Steinglass added.
CrossTower’s Chad Steinglass.
Ripple’s Court Battle with the SEC Continues
As ETH continues to surge, XRP, another popular altcoin, is continuing to trade sideways. Some analysts believe that this may be because of the ongoing battle that the currency’s creato, Ripple Labs, is fighting against the U.S. Securities and Exchange Commission.
Throughout the duration of the case, Ripple Labs has maintained that Ripple remains a currency, and, at times, it seems that Ripple may be leading in the legal battle. Analysts have claimed that several court victories may have boosted the price of XRP throughout 2020: when the lawsuit hit in December, XRP’s value fell to roughly $0.20. At press time, the price had increased to $1.58.
However, the outcome of the case is still unclear, and it could be that investors are biding their time before making big decisions about what to do with their holdings. After a peak of $1.91 in April, XRP has traded sideways for most of the last three weeks.
What could the future hold for XRP? Benjamin Leff, Chief Operating Officer of Sheesha Finance, told Finance Magnates that: “there has been discussion that Ripple may go public once the case with the SEC settles.”
Leff also pointed to recent reports of large purchases of XRP. Citing data from Santiment, CryptoSlate reported on April 29th that the number of addresses holding more than 1,000,000 XRP, colloquially known as 'XRP whales', had increased 1.25%. This equated to approximately 19 new 'whales'.
What’s Next for XRP?
However, the fate of XRP still hangs in the balance of what happens next in court. Steinglass explained to Finance Magnates that: “XRP has had its ups and downs for quite some time, with a strong cohort of fierce defenders on one side, and often the SEC and the long arm of the law on the other side.”
Additionally, Dalesandro pointed out that the leadership of the SEC changed hands after the Commission brought the lawsuit. “Now we have a somewhat crypto-friendly chairman,” he said. Additionally, he believes that: “the SEC’s recent announcement that it may take enforcement action against XRP investors makes them look amateur and reinforces the sense that their case is weakening.”
Do you agree or disagree? Let us know in the comments below.
Bitcoin continued to trade sideways this week as Ether and other altcoins took the spotlight. ETH’s most recent all-time high (ATH) of $3,541.46 took place on Wednesday; by Friday, the price had settled at around $3,460.27. Dogecoin (DOGE) also hit a new ATH yesterday of roughly $0.69; CoinTelegraph called DOGE’s rise “the leading indicator for alt season.”
Matthew Unger, the Founder of iComply, told Finance Magnates that DOGE’s rise is “the biggest news of the past 3 months.”
“We can expect to see DOGE become a major contender as it enters the top 3 cryptos. The network continues to be underestimated because it was ‘made as a joke,” he said, adding that: “Fundamentally, DOGE has a lot going for it and that simply has not yet been priced in.”
Everyone wants to know where we are at in my "Path to Altseason" chart.
We're in the Phase 2-3 overlap. Large caps are starting to move. Phase 2 has heated up and we're seeing early signs of Phase 3. PHASE 3 incoming! pic.twitter.com/tCZdNx995c
For one thing, the wealth distribution of cryptocurrency markets seems to be shifting. Michael Dalesandro, Founder and Chief Executive of Chicago-based RockItCoin, told Finance Magnates that he believes that: “we are starting to see a maturing of the crypto marketplace.”
“Bitcoin's dominance by market cap has dropped from 75% to below 50% in 2021 so more capital is flowing to the opportunities that exist in altcoins which have shown dramatic increases,” he added. “But, I think this is just the usual cooling-off we have seen with Bitcoin in the past; I fully expect it to continue its climb.”
Still, the dynamics in the market are shifting so much so that some analysts believe that crypto markets are in an 'alt season'. Chad Steinglass, Head of Trading at CrossTower, told Finance Magnates that: “as BTC has been struggling to find direction for weeks, ETH and many other altcoins have taken over traders’ attention.”
“After consolidation in BTC towards the end of April, bulls got their hopes up for an announcement of another company adding BTC to currency reserves during the heart of tech earnings season,” he said. “However, earnings reports came and went with no mention of BTC, and in fact, of the major companies that had already been involved, TSLA trimmed their holdings somewhat and MSTR did not add during the recent dip.”
Still, there was “some positive news for BTC this week” when NYDIG and Fidelity announced that they would be “partnering to offer crypto services to retail bank customers,” a factor that Steinglass believes will “further the narrative of mass adoption.”
Bitcoin Trades Sideways as Altcoins Soak Up Investor Capital in Crypto Markets
Benjamin Leff, Chief Operating Officer of Sheesha Finance, told Finance Magnates that: “Bitcoin has taken a backseat while altcoin season picks up.”
In other words, the strong performances of many altcoins over the last several weeks seem to have drawn an increasing number of investors.
What are the other cryptocurrencies that may have a higher earning potential than Bitcoin? All eyes this week were on Ether (ETH). The native token of the Ethereum network reached yet another all-time high.
Indeed, this whole year has been a series of new ATHs for ETH, and, as such, ETH has outperformed BTC several times over. Dalesandro told Finance Magnates that: “Bitcoin is purely a cryptocurrency, whereas Ethereum is a cryptocurrency and a decentralised software platform.”
“It also supports many ERC20 tokens, which I believe is drawing funds away from Bitcoin and toward Ethereum,” he added.
“The value of ETH that is locked in DeFi staking pools has reduced the supply of coins available for trading, which has increased its scarcity,” he said. Combined with the anticipation of the move to Eth2.0, “which will move the network away from Proof-of-Work and towards Proof-of-Stake and deflationary characteristics, and many investors are looking to accumulate ETH in advance of the changes in the network.”
“Lastly, purely from a technical standpoint, any crypto that is making new highs is generating its own buzz and the move can become a self-reinforcing phenomenon, at least for a little while,” Steinglass added.
CrossTower’s Chad Steinglass.
Ripple’s Court Battle with the SEC Continues
As ETH continues to surge, XRP, another popular altcoin, is continuing to trade sideways. Some analysts believe that this may be because of the ongoing battle that the currency’s creato, Ripple Labs, is fighting against the U.S. Securities and Exchange Commission.
Throughout the duration of the case, Ripple Labs has maintained that Ripple remains a currency, and, at times, it seems that Ripple may be leading in the legal battle. Analysts have claimed that several court victories may have boosted the price of XRP throughout 2020: when the lawsuit hit in December, XRP’s value fell to roughly $0.20. At press time, the price had increased to $1.58.
However, the outcome of the case is still unclear, and it could be that investors are biding their time before making big decisions about what to do with their holdings. After a peak of $1.91 in April, XRP has traded sideways for most of the last three weeks.
What could the future hold for XRP? Benjamin Leff, Chief Operating Officer of Sheesha Finance, told Finance Magnates that: “there has been discussion that Ripple may go public once the case with the SEC settles.”
Leff also pointed to recent reports of large purchases of XRP. Citing data from Santiment, CryptoSlate reported on April 29th that the number of addresses holding more than 1,000,000 XRP, colloquially known as 'XRP whales', had increased 1.25%. This equated to approximately 19 new 'whales'.
What’s Next for XRP?
However, the fate of XRP still hangs in the balance of what happens next in court. Steinglass explained to Finance Magnates that: “XRP has had its ups and downs for quite some time, with a strong cohort of fierce defenders on one side, and often the SEC and the long arm of the law on the other side.”
Additionally, Dalesandro pointed out that the leadership of the SEC changed hands after the Commission brought the lawsuit. “Now we have a somewhat crypto-friendly chairman,” he said. Additionally, he believes that: “the SEC’s recent announcement that it may take enforcement action against XRP investors makes them look amateur and reinforces the sense that their case is weakening.”
Do you agree or disagree? Let us know in the comments below.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
Virtu Financial Ireland Gets MiCA Approval and CASP License for EU Crypto Services
Featured Videos
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
