gnuTrade

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    Binarium

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GnuTrade

Now you can trade directly from Facebook using Trading Games, a new application launched by gnuTrade, which includes all the features from the classic trading screen with a new, fresh look.

As we know the importance of Social Networking, we have included a few new set of options such as creating competitions among friends and setting a real prize of your choice, as well as fun gifts that will lead you to be the best among your fellow traders.

Install the Trading Games application by clicking on this link http://apps.facebook.com/tradinggames , then use your regular gnuTrade account or create a new account directly from the screen, it’s easy and it takes just a couple of steps. Once intalled click on the «Play» button and start playing the markets right away!

For more information please check our help options also available from the Trading Games screen or contact us at [email protected]

The gnuTrade Trader Screen has been Renewed!

Hi everyone, after much work we have released the new version of the trader screen with a fresh look and an easy-to-use interface. You may still place out 3 types of bets, keep track of your past and current trades in your statement and enjoy the exciting world of the Financial Markets.

If you need help with any of the new features please check this quick trading guide that includes screenshots of the new trader

If you still have queries ask your question in our Helpdesk Chat Room or email us at [email protected]

You may still access our Classic Trader Screen from the bottom menu of our website. Please notice, however, that the Classic Trader Screen will be still available only for a limited time.

Please contact us if you have questions or any feedback.

Los mejores corredores de opciones binarias 2020:
  • Binarium
    Binarium

    1er lugar! El mejor broker de opciones binarias!
    Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

  • FinMax
    FinMax

    2do lugar! Gran corredor!

GnuTrade

Hi everyone, after much work we have released the new version of the trader screen with a fresh look and an easy-to-use interface. You may still place out 3 types of bets, keep track of your past and current trades in your statement and enjoy the exciting world of the Financial Markets.

If you need help with any of the new features please check this quick trading guide that includes screenshots of the new trader

If you still have queries ask your question in our Helpdesk Chat Room or email us at [email protected]

You may still access our Classic Trader Screen from the bottom menu of our website. Please notice, however, that the Classic Trader Screen will be still available only for a limited time.

Please contact us if you have questions or any feedback.

GnuTrade Review

Someone asked me about GnuTrade the other day and since their offering is within my sphere of interest I decided to take another look.

GnuTrade – (What They Say..)

GnuTrade (pronounced ‘noo-trade’) was founded by a group of seasoned financial traders who figured out that financial trading could be easier and more enjoyable if their confusing data screens and complex trading methods were simplified. The use of colour, movement and sound, together with our straightforward ‘Back a Player’, ‘Basic’ and ‘Per Point’ bets means new and expert traders alike have an easier way to trade the markets.

How it Works

The site is quite basic really, but allows you to use the ‘gnu’ currency to practice trading on generalised markets.

The time bets are very simple.

£5 per time to play (you can obviously scale the stake up).

If you lose then you lose your £5.

If you win you make £3.80.

In order to win you must predict whether a particular market will be higher or lower than when you place the bet.

They only move it in whole points.

If it is a dead heat (i.e. the markets ends at the same level as when you placed the bet) then they consider that the market is not higher or lower and hence in a dead heat you also (surprise, surprise. ) lose.

It therefore makes sense to choose bets over longer time-frames as this reduces the possibility of the market ending on a dead heat (i.e. the market equivalent of ‘green zero’) are reduced since market range (and therefore the number of slots that the ball can land in) are increased as market range is a function of time.

Gnu Trade Unplayable Spreads – (What We Say..)

They trade the main indices and commodities and although the spreads are rubbish one can still play with demo or real money. The minimum deposit is just £20 and minimum bet size of 10p per point. At first glance the GnuTrade trading interface looks pretty slick , but closer inspection reveals that they are basically just offering a combination of:

‘per point’ bets which is really bog standard spread betting.
‘basic’ bets which are BetOnMarkets-style bets, except that a smaller range of options are available.
‘back players’ bets which look interesting as they offer the opportunity for demo users to make real money if they attract a real money player to back them, but has two major limitations:

1) People who are backed while trading well with play money get a share of the profits – I assume this is from the profits of the back bets (as opposed to the play money profit), in which case if the traders are so successful, why are they still on play money?

2) For traders who are successful with real money, what incentive is there for making their portfolio public so that other people can back them? Do they get a share of the profits of the back bets placed on themselves? If not, then surely there is no incentive at all for going ‘public’?

GnuTrade claim the site is great for beginners to learn trading, however the charting capabilities they provide are very limited – you only get a poor ‘market analyser’ which shows practically nothing except daily and weekly moves, but NOT illustrated with candlesticks or anything so almost impossible to tell what’s really going on.

A spread of 30 on the Dow means that if taking a bet for 20pts you are already some 600 quid down from the start.

GnuTrade Spreadtastic

On the demo GBP/USD quote appears to be 1.5129-1.5114. Spreadtastic! Cable at 15 point spread when you can get it at 2 points at Capital Spreads! If that is their spread for real then that’s all you really need to know. They also offer a number of other Binary style bets but these also look absolutely stacked against the punter.

A quick cross section of spreads.

FTSE 10 Points (yes, before you ask these are whole points not decimals!)
CAC 16 Points
DAX 10 Points
Dow 30 Points

EURUSD 15 Ticks
JPYUSD 16 Ticks
USDGBP 15 Ticks

Gold $2.0 (20 points based on tenths)
Oil 20 Cents
30 Year T Bond 20 Points
German Bund 20 Points.

So it looks like GnuTrade is very much like other fixed odds betting firms and probably do not even hedge so can only take small bets. I’d stay away from them as it seems nothing much more than a fun site – the spreads are just uncompetitive and they aren’t even regulated by the FSA like other spread betting sites but operate through a master license issued by the Government of the Netherlands Antilles! Although as they say all their payment processing, banking, and accounting are all handled by institutions regulated by the Financial Services Authority in the United Kingdom (ouch as if this is supposed to give us peace of mind )

The content of this site is copyright 2020 Financial Spread Betting Ltd. Please contact us if you wish to reproduce any of it.

Los mejores corredores de opciones binarias 2020:
  • Binarium
    Binarium

    1er lugar! El mejor broker de opciones binarias!
    Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

  • FinMax
    FinMax

    2do lugar! Gran corredor!

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