EBC Financial Group, a retail forex and contract for differences (CFDs) broker, has enhanced its trading offerings by partnering with Joe DiNapoli and his Coast Investment Software company. The collaboration’s scope includes integrating DiNapoli’s indicators into the broker’s trading environment and offering talks, seminars, and workshops by experts. At a ceremonial signing event in Bangkok, EBC announced the move.
A Veteran Trader Partnership
Joe DiNapoli, a veteran trader with 56 years of expertise, bases his indicators on the perfected practical application of Fibonacci Analysis. He argues that he has made accurate predictions of significant market movements, such as the 1887 Dow Jones Industrial Average drop and other year-after-year crude and gold peaks.
Joe said his thoughts on creating and perfecting the trading technical indicators originated from listening to his colleague. He considered it invaluable to predict gold overbuying or S&P overselling.
A Rapidly Growing Young Broker
The company operates in Bangkok, Hong Kong, Limassol, Singapore, Sydney, and the Cayman Islands, while its headquarters are in London. EBC is one of Barcelona FC’s sponsors, a top Spanish football club. The company signed the three-and-a-half deal earlier this year.
EBC Financial Group was established four years ago to offer retail trading services with forex and CFD margins of other famous asset classes. The company operates with regulator licenses from Australia, the United Kingdom, and the Cayman Islands.
According to EBC’s Cayman and UK CEO, David Barrett, it’s crucial to ensure that regulation impacts all jurisdictions, but not all jurisdictions are regulated. He adds that nobody can ignore regulation, economic globalization, and how a market joins various jurisdictions.
Further, Barrett says jurisdiction has become more challenging due to the increasing number of jurisdictions without a global regulator. However, he considers that a good thing as it minimizes regulatory conflict. David argues that multiple jurisdictions and local nuances would result in more time for arguments than working.
The CEO concluded that the regulator’s priority is protecting the retail traders, not the professionals and big banks.
