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hurdles such as delayed funding, declined payments, and outdated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
Retail Traders Can Now Access Prediction Markets Through Binance Wallet
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
