Digital wallets like Apple Pay and Google Pay have reportedly surged across Australia, representing a significant portion of payment transactions nationally.
A recent report from cryptocurrency exchange MEXC showed that 67% of Gen Z crypto traders use AI-powered trading bots.
In a notable development responding to the evolving
investment habits of younger Australians, Contract for Difference broker Mitrade
has introduced Apple Pay and Google Pay as new payment options for its
Australian customers.
This move comes amid a pronounced shift in market
engagement as Gen Z traders increasingly target the volatile US markets over
traditional local exchanges.
The Rise of Mobile-First Trading
According to the company, adding Apple Pay
and Google Pay will enable users to quickly fund trades through methods aligned
with their fast-paced digital lifestyles.
Elven Jong, CEO of Mitrade Australia, emphasized the
importance of this integration. He noted that engaging with financial markets
provides young Australians with tools to enhance their economic understanding
and global awareness.
Yet, Jong pointed out that newcomers often encounter
hurdles such as delayed funding, declined payments, and outdated
infrastructure, which can discourage participation.
This strategic enhancement addresses accessibility
concerns and mirrors the growing trend of young investors demanding seamless,
immediate payment solutions in their trading activities.
Enhancing Security in a Connected World
Mitrade offers CFDs on indices, forex, commodities,
ETFs, and shares with market-competitive features. Its embrace of mobile
payments signals a fintech landscape increasingly oriented toward convenience,
inclusivity, and security for a new generation of traders.
This development is rooted in the broader Australian context, where digital wallet adoption, including Apple Pay and Google Pay, has surged and now accounts for a significant share of payment transactions
nationwide.
A recent
report from cryptocurrency exchange MEXC reveals that most
Generation Z crypto traders now depend on artificial intelligence (AI) tools to
make investment decisions.
The study,
analyzing data from over 780,000 users aged 18 to 27, shows that 67% of Gen Z
traders activated at least one AI-powered trading bot during the second quarter
of 2025.
This
adoption rate far exceeds that of older generations, with Gen Z users engaging
AI tools an average of 11.4 days per month—more than twice the frequency of
traders over 30. Gen Z accounts for 60% of all AI bot activations
on MEXC, highlighting their leading role in integrating AI technology into
crypto trading.
The data noted that AI’s influence extends beyond
automation, affecting the emotional side of trading. AI-powered bots assist in
minimizing impulsive selling, as panic sell-offs among AI users decrease by 47%
compared to manual traders during periods of market stress.
In a notable development responding to the evolving
investment habits of younger Australians, Contract for Difference broker Mitrade
has introduced Apple Pay and Google Pay as new payment options for its
Australian customers.
This move comes amid a pronounced shift in market
engagement as Gen Z traders increasingly target the volatile US markets over
traditional local exchanges.
The Rise of Mobile-First Trading
According to the company, adding Apple Pay
and Google Pay will enable users to quickly fund trades through methods aligned
with their fast-paced digital lifestyles.
Elven Jong, CEO of Mitrade Australia, emphasized the
importance of this integration. He noted that engaging with financial markets
provides young Australians with tools to enhance their economic understanding
and global awareness.
Yet, Jong pointed out that newcomers often encounter
hurdles such as delayed funding, declined payments, and outdated
infrastructure, which can discourage participation.
This strategic enhancement addresses accessibility
concerns and mirrors the growing trend of young investors demanding seamless,
immediate payment solutions in their trading activities.
Enhancing Security in a Connected World
Mitrade offers CFDs on indices, forex, commodities,
ETFs, and shares with market-competitive features. Its embrace of mobile
payments signals a fintech landscape increasingly oriented toward convenience,
inclusivity, and security for a new generation of traders.
This development is rooted in the broader Australian context, where digital wallet adoption, including Apple Pay and Google Pay, has surged and now accounts for a significant share of payment transactions
nationwide.
A recent
report from cryptocurrency exchange MEXC reveals that most
Generation Z crypto traders now depend on artificial intelligence (AI) tools to
make investment decisions.
The study,
analyzing data from over 780,000 users aged 18 to 27, shows that 67% of Gen Z
traders activated at least one AI-powered trading bot during the second quarter
of 2025.
This
adoption rate far exceeds that of older generations, with Gen Z users engaging
AI tools an average of 11.4 days per month—more than twice the frequency of
traders over 30. Gen Z accounts for 60% of all AI bot activations
on MEXC, highlighting their leading role in integrating AI technology into
crypto trading.
The data noted that AI’s influence extends beyond
automation, affecting the emotional side of trading. AI-powered bots assist in
minimizing impulsive selling, as panic sell-offs among AI users decrease by 47%
compared to manual traders during periods of market stress.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Former Airsoft CEO Faces Trial in Germany for Offering Tech to Forex Frauds
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
