Directory:GnuTrade

MyWikiBiz, Author Your Legacy — Tuesday December 24, 2024
Jump to navigationJump to search

Name: GnuTrade

Email: [mailto:support@gnutrade.com support@gnutrade.com]
Web: http://www.gnutrade.com
Title: Online Financial Trading Platform


Share this page

<sharethis />

What is gnuTrade?

gnuTrade is an online financial trading platform that offers real and play money trading and a fun, game-like trading screen

gnuTrade (pronounced 'noo trade') is an online financial trading platform that offers new, simple ways to trade the global markets, and uses striking game-like graphics to make the trading experience enjoyable. The platform is suitable for people with any level of financial skill and is ideal for those who want an easy, interactive way to learn trading and practice buying and selling the markets (e.g. stock indices, currencies, commodities and bonds).

The platform is free for all users, who also get a free unlimited play money account to trade the real-time, live market prices online. This means you can practice techniques, learn to be a fund manager and sharpen trading skills without any risk, and gain a true measure of your trading success. gnuTrade also has a number of other useful features and benefits (see below) and no sign-up is necessary to try the platform.

For more information and to try the platform visit the gnutrade homepage

Key features and benefits

The following list summarises some of the key features and benefits of gnuTrade. More details can be found in later sections:

• Trading on price changes

• Game-like trading screen with colourful graphics and sounds to enhance the trading experience

• Free access to live prices of the world's major stock indices, global currencies, popular commodities and bonds

• Unlimited play-money trading on live prices, to help learn or practice trading

• Clear, jargon-free trading guides to help you learn about financial markets and how to use the gnuTrade trading screen

• Low bet amounts and minimum deposit of £20, €20, or $30 for real money trading

• Regular trading promotions

• Unique 'per point' 'basic' and 'back a player' bets

• Ways to profit whether markets go up or down

• Automatic 'stop loss' feature to help limit risk

• Live chat help desk

• Trading forums and chat rooms to exchange opinions and ideas with other members

• News section with regular updates on world news stories of the day

• Option to create weekly or daily graphs of each market's performance

• No commissions or stamp duty to pay

• No brokers or transaction fees

• Tax-free profits (if you are not a UK resident, you may be subject to taxes in your country of residence.)

• Free, advanced software – no downloads

• Quick, secure payout and deposit methods

About the trading platform

Visual representation of markets

An example of the game-like graphics used in the trading platform

gnutrade's platform differs from conventional trading software in that it uses distinctive spherical graphics to represent financial markets, and gives users a game-like experience. The market spheres move up and down in line with their price movements, and this feature means users can quickly assess market performance without sifting through detailed numerical data. Various other visual representations are used on the trading screen to convey market information at a glance, and details can be viewed by zooming in on the individual market spheres.

The platform is designed to be sophisticated enough for professional traders yet uncomplicated for people who lack trading knowledge and market experience. A Spanish language version of the platform is available as well as the English language platform, and translations into many other languages are likely to be launched in the future.

'Trade from anywhere'

Unlike traditional trading software, the gnuTrade platform is completely online, so no downloads, special installations or updates are required in order to start trading. This means that users can trade from virtually any computer (Mac or PC) with an internet connection. They are not 'tied' to a particular computer at home or at work to carry out trading activities, giving added flexibility to the user. All major browsers (e.g. Safari, FireFox, Internet Explorer) are supported.


Trading widgets

The iPhone app allows users to place simple bets, including play money bets on whether market prices will rise or fall

The notion of trading from anywhere is further supported by the availability of gnuTrade trading widgets. The latest widgets, 'World Markets' and 'Mini World Markets' can be embedded on any website or blog and allow users to trade without having to visit the main gnuTrade website.

The widgets enable access to the same trading platform as from the gnuTrade site, and all its functions. Again, there is no need for people to sign-up in order to embed the widget or to use it to trade as a guest user with play money. Those who choose not to use the gnuTrade platform for trading can still benefit from the presence of the trading widget on their site, as it gives free access to live market price data.

The embed codes which can be copied and pasted into sites or blogs, are as follows:


World Markets Widget (576 x 266 pixels):

<script src='http://affiliates.gnutrade.com/cgi-bin/serve.pl?x=6012ea8370c371e351d4a5fbe5269f9395c8701af7d7cbb85e7f9bb078f4407ede20f981d8fe015a'></script>


Mini World Markets Widget (394 x 198 pixels)

<script src='http://affiliates.gnutrade.com/cgi-bin/serve.pl?x=6012ea8370c371e351d4a5fbe5269f9395c8701af7d7cbb8dcf9ef6629d69a2f23a4e9f6e3105ed8'></script>

The widget embed codes can also be found on the widgets page in the resources section of the site.


Bet on financial markets from your iPhone

In 2009, gnuTrade launched the world's first financial gaming application for the iPhone. The innovative web app, which is featured on the Apple website gives iPhone users an instant view of how financial markets are performing, and lets them place simple bets on whether prices will rise or fall. The app complements gnuTrade's acclaimed web-based trading platform, using its signature graphics to show live market price action, but via a handy touch-screen device.


To get the app for free on your iPhone, simply enter http://iphone.gnutrade.com on your iPhone's Safari browser, and add the app to your homescreen.

gnuTrade in the media

gnuTrade has received positive television and press coverage worldwide on BBC TV and the web.

TV coverage

A sample of quotes from gnuTrade website reviews

The BBC's flagship technology show, Click, pointed out that gnuTrade offers a new take for those wanting to play the world's stock markets, and highlighted the ‘Back a Player’ trading option, News feed, and Play and Real money features. The TV show's presenter and ‘technology pundit’ Kate Russell, also drew attention to gnuTrade’s striking graphics, and went on to give viewers a visual demonstration of gnuTrade’s unique Trading screen. “Past performance is beautifully illustrated,” she says, “with graphics that relay market movements in an easy to understand way.”

The segment featuring gnuTrade can be seen on youTube

Web reviews

As well as the TV coverage, gnuTrade received a positive review on the BBC website, in its Webscape section. In this section, TV presenter and technology pundit, Kate Russell, gives her selection of the 'best sites on the World Wide Web'.

Other gnuTrade reviews on the Web can be found in Web User Magazine, InvestInsider, and Shares Magazine.

About the company

gnuTrade NV was founded by experienced financial traders who realised that market trading could be easier, more enjoyable and more accessible to the general public if muddled data screens and complex trading methods were simplified. Taking these ideas further, they teamed up with expert programmers and design specialists to create a unique, game-like user-interface for displaying financial market data, and new, easy ways to bet on the world markets.

Financial trading vs financial gaming

gnuTrade NV as a company has the charcteristics of both a trading company and a gaming company. It operates under a strict Netherlands Antilles government licence, which enables it to offer customers financial betting without the costs associated with traditional city institutions. Profits are treated as gaming winnings in many countries and so they may be exempt from capital gains tax. Also, gnuTrade does not charge commissions, transaction fees or trading taxes unlike brokers and city trading firms. This means additional cost-saving benefits to trading customers.


gnuTrade's gaming licence requires it to adhere to strict rules and policies regarding risk management, data security, and accounting procedures. Its payment processing, banking, and accounting are all handled by institutions regulated by the Financial Services Authority in the United Kingdom. Regarding data security, it adheres to strict global practices as set out by the Payment Card Industry Data Security Standards.

Trading with gnuTrade

gnuTrade's financial trading platform allows customers to trade global markets without having to actually own the underlying stocks,commodities, bonds or currencies. This established form of trading originates from the United Kingdom, where it continues to grow rapidly. It provides a modern, much simpler way to trade the live markets for those seeking to profit from price fluctuations.

Some of the trading methods available to customers are similar to those offered by spreadbetting companies. gnuTrade’s unique status as a government regulated gaming company, however, allows it to build upon spread betting techniques. gnuTrade therefore offer customers worldwide a more innovative service and new, unique ways to trade which are not available from any other trading service or spread betting firm.

In addition, the online nature of gnuTrade means customers can avoid paperwork, brokers, transaction fees and commissions often associated with other companies.