Investing Portals Keep Growing – OANDA Rebrands MarketPulse and Finances.com Launches

When posting last month that popular Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading portal, Forex Factory, had cracked Alexa’s top 1,000 list of websites (currently at 977), we noted that as a whole, industry websites were experiencing strong positive results in the rankings during 2013. While launching a successful site remains difficult, as seen recently when FxBriefs closed down, new sites are springing up daily that cater to the growing forex related readership.

Following on this trend, OANDA is relaunching its MarketPulseFX trading blog as MarketPulse.com. Previously integrated within the broker’s website and branding, MarketPulse is being rebranded as a separate unit, with both fundamental and technical analysis links from OANDA directing towards the new trading portal. The site continues to be led by Dean Popplewell, Director of Currency Analysis and Research and Alfonso Esparza, Senior Currency Analyst. With the relaunch, OANDA becomes the latest broker to separate its market analysis and brokerage branding. Similar models are used by FXCM with its DailyFX portal, GFT’s FX360 and TradingFloor which is operated by Saxo Bank.

Also launching this month is Finances.com. Backed by investors, the company announced via a press release that the domain had been acquired for $500,000, which would make it one of the more expensive investment portal related launches. Owned by Cypriot Finances International, Forex Magnates spoke to Panos Kalos, the firm’s Co-Founder and CTO who didn’t divulge the company’s investment backers, but did state that they aren’t partnered with any brokers as he said, “We are not partnered with any brokers but are looking to build relationships. As for research groups we have our own internal team consisting of a wide array of experts including bankers, investors, advisors and analysts.”