Jean Galea

Health, Wealth, Relationships, Wisdom

P2P Investing with Income Marketplace – Reviewed

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Income Marketplace is a new player in the FinTech field. Based in Estonia, this crowdlending marketplace offers its investors a platform that’s safe and transparent. Their Cashflow Buffer and diverse Loan Originators make P2P investing look promising.

If you’re interested in this new platform, then keep reading. We’ll be reviewing Income Marketplace in this review to help you decide whether or not it’s right for you.

Income Marketplace Overview

Income Marketplace was founded in 2020. It’s one of Estonia’s newest crowdlending marketplaces that allows you to select and control Loan Originators while using risk management mechanisms like Cashflow Buffers. It’s an interesting way to invest in P2P.

Their CEO, Kimmo Rytkönen has a solid background in FinTech. One of the companies he has helped to build is Tunaiku, the lending arm of recently IPO’d Amar Bank in Indonesia. The whole team also has a proven track record in their field. They have a background in management, fundraising, international finance, consumer lending, and P2P investment.

The company’s goal is to make loan investing more transparent and secure. It’s a place where you can invest in loans to earn passive income effortlessly.

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CoinTracking.info Review – Leader in Crypto Tracking and Tax Reporting

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cointracking review

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If you own or trade any crypto, the approach of tax season might present a whole new set of challenges. Trading and investing across multiple cryptocurrency exchanges can easily become very confusing for the average trader. In other words, it can be very tricky to keep track of your digital portfolio, your gains, and losses at all times.

If you regularly engage in cryptocurrency transactions, then the burden of calculating these profits and losses usually falls entirely with you. Fortunately, there is software out there that can help you keep an account of your cryptocurrency portfolio and generate tax reports based on your activities.

CoinTracking.info is one such platform that can function as your personal crypto portfolio monitor. In this review, I will walk you through the different features of this product and how you can use it to simplify the process of crypto tax reporting.

CoinTracking.info – An Overview

As you likely already know, the first cryptocurrency – Bitcoin, was launched in 2009. In 2012, CoinTracking was created as one of the first companies to have tapped into the upcoming market of crypto tax reporting tools. The platform was intended to make the lives of traders easier, by managing their portfolio throughout the year.

Over time, CoinTracking.info has gained the trust of over 880,000 users and handles portfolios worth $24.7 billion. It has built a worldwide network comprising expert tax advisors, professional cryptocurrency investors, and lawyers who can offer you any assistance with international filing requirements.

cointracking review 2021

In simple terms, CoinTracking.info allows you to evaluate all your relevant information about your crypto portfolio in one place. With this tool, there is no need for you to extract your trading reports and enter them manually. Instead, the platform will directly import your data, and then do the rest of the work by itself.

At the moment, CoinTracking.info integrates with 68 cryptocurrency exchanges, 22 wallets, and offers legacy support for 22 closed trading platforms.

CoinTracking.info – Features

You can look at CoinTracking.info as a multi-faceted platform. It can serve as a portfolio manager, as well as a tax calculator for your crypto holdings.

As a portfolio manager, CoinTracking.info allows you to:

  • Calculate your historical balances and profits
  • Check coins and currency on each exchange
  • View current balances
  • Review your realized and unrealized gains
  • Analyze the total profit and losses of your trades

CoinTracking.info also offers a unique Capital Gains Tax Calculator for thousands of different cryptocurrencies, digital assets, and tokens. And most importantly, the platform will be able to generate reports that are compliant with your country’s specific tax laws.

The tool is also accessible through its mobile app, allowing you to track different cryptocurrencies and your assets while on the go.

Now that you have an idea of what CoinTracking.info is all about, I’ll now explain how you can start using the platform.

How to Start with CoinTracking.info?

Once you have created an account on the platform, in order to start using its features – you will first have to import your trading data from an exchange or a wallet.

How to Add your Trades

CoinTracking.info allows you to import your trading data using three methods.

1. Automatic API Import

As I mentioned earlier, CoinTracking.info has partnered with several cryptocurrency platforms to monitor your trading data automatically. This can be done by linking the API Keys of your respective exchanges and wallets.

cointracking supported exchanges

The platform also comes with an API Live Data Check that will allow you to check your current balance across multiple exchanges that you have connected through an API. This will ensure that the trades are added seamlessly, and you do not have to worry about manual updates.

2. Uploading Data Using CSV

You can also transfer data by uploading a CSV file that contains all your trading information. Many exchanges allow you to export these directly from their platforms.

Then you can simply drag and drop these files into CoinTracking.info and you are ready to go.

3. Manual Data Entering

In case there are some trades you were unable to import automatically, you can enter the data manually. You will be entering the details in the form of a table, by entering the specific numbers of coins bought and the trading involved. You will also have the option to edit these entries or erase them later.

If you are having any trouble setting up your account, not to worry – CoinTracking.info offers you detailed instructions every step of the way. When this is completed, the platform will give you a complete analysis of your trades, prices, volume, gains, losses, and the entire value of your portfolio.

Note: The automatic import options are available only for paid users of the platform. If you are accessing the free service, you will have to manually enter all the data.

CoinTracking.info – Interface, and Tools

When you have set up your account, you can proceed to explore the different features of CoinTracking.info. Let us start with what you will find in the portfolio management section.

CoinTracking.info – Analysis Tools

CoinTracking.info has one of the most user-friendly interfaces you will come across. Although the website might look a bit outdated, it has clearly defined each section and categorized its features.

In terms of analysis, you will be able to find the following useful features on CoinTracking.info:

Dashboard

Your dashboard will give you a complete overview of your portfolio. This will include the summary of the coins you hold, the value of each coin, your total profits/losses, the list of your exchange, and much more.

You will also be able to get a synopsis of your trades per day.

Reporting

The Reporting Tab consists of a wide range of different data regarding your trading activity. These charts and tables are interactive, which allows you to take a look at individual datasets if needed. You can also set the graph to view information for a specific period.

This includes:

  • Trade Statistics – Here, you will find separate graphs for your historical balance, the current value of each currency, your trading volume, and the number of coins you hold.
  • Trade List –  Under this section, you will be able to see a detailed listing of all your trades, such as the buy and sell volumes. This will also include any comments that you have added for individual coins at the time of uploading the data. CoinTracking.info allows you to export this list in multiple formats directly from the platform.
  • Trade Prices– This will calculate the cost of all your trades on any particular day, or until the date specified.
  • Trade Fees – Here, you will be able to find an account of any trading fees applicable to the trades you have imported.

CoinTracking.info – Research Area

While the previous section gives you a fully comprehensive view of your crypto portfolio and trades, the research area allows you to gather more data about the digital currency market. This extensive research area comes with detailed charts that analyze prices, trends, and even forecasts of different cryptocurrencies.

Take a look to see what features are available.

Coin Charts

Coin Charts are used to represent the price development of both major cryptocurrencies and fiat currencies. You can customize the chart to see all coins separately or view individual assets. You can also analyze the price of fiat currencies in terms of the value of Bitcoin.

Coin Trends

CoinTracking.info will give you the current market price and the volume of all supported cryptocurrencies in terms of BTC. At the time of writing, the platform gives you access to the data of 10,851 digital assets.

User Statistics

User statistics will give you an overall account of the coins in the portfolios of different users on the CoinTracking.info platform. The chart will also highlight which range you are in.

Coin Price Calculator

This unique calculator will give you the price of any cryptocurrency of your choice in terms of a fiat currency. What’s impressive about this feature is that you can not only access current prices, but also the value of a particular coin on a specific date.

CoinTracking,info – Tax Declaration Reports

One of the main purposes of CoinTracking.info is that it helps you with your annual tax return for your cryptocurrency holdings. Based on your data, the platform will calculate all your trades down to the cent, and prepare the reports automatically.

cointracking tax report

Depending on your preference, you can opt for different accounting methods – such as FIFO, LICO, HIFO, AVCO, ACB, and more.

How to Create a  Tax Report on CoinTracking.info

Here are the steps you can follow to create and download your Tax Report.

  • Step 1: On the homepage of your CoinTracking.info account, go to the ‘Tax Report’ page.
  • Step 2: Click on the ‘Create a New Tax Report’ button.
  • Step 3: Choose the tax year, the calculation method, tax rates, and other information.
  • Step 4: When you have confirmed all the data, clock on the ‘Generate a new Tax Report now’ button.
  • Step 5: The platform will then do the required calculation to generate your report. When ready, you can click on the ‘Load Report’ button to see the file.

This tax calculator has been designed to adapt to the laws and regulations set by different countries.

Note: Your tax report will not only include your capital gains but also your income, donations, gifts, stolen and lost coins, and the closing position.

CoinTracking.info Pricing

CoinTracking.info is accessible to you via four different pricing plans. These are as follows:

Free Plan

CoinTracking.info allows you to access most of its features for free. However, you will be able to calculate reports for only up to 200 transactions.

Here are the features that come with the free version:

  • Tax reports downloadable in CSV, XLS, PDF and HTML formats
  • Up to 5MB per CSV file
  • 2 manual imports of up to 100 entries each.
  • No auto imports

Pro Plan at $10.99 per month – Best for Advanced Investors

  • Portfolio tracking
  • Up to 3,500 transactions
  • 20 MB per CSV file
  • 5 auto imports per coin
  • Unlimited manual imports

Expert Plan at $16.99 per month – Best for Experienced Investors

  • Access to full features of portfolio tracking
  • Up to 20,000 transactions
  • 20 MB per CSV file
  • 10 auto imports per coin
  • Unlimited manual imports

Note: The Expert plan is also flexible. If you want to upgrade to 50,000 or 100,000 transactions, you can get it for $21.99 and $27.49 respectively.

Unlimited Plan at $16.99 per month – Best for Professional Investors

  • Access to full features of portfolio tracking
  • Unlimited transactions
  • 200 MB per CSV file
  • 50 auto imports per coin
  • Unlimited manual imports

Corporate Accounts

CoinTracking.info also has a Corporate wing that is specifically designed for those who want to manage multiple clients. For instance, CPAs, accountants, tax attorneys, and investment companies can benefit from this feature. The base pricing for these accounts starts at $499 per year. You can add more by paying extra fees.

If you sign up for a Corporate account, you will have access to:

  • 10 unlimited accounts
  • Branded accounts with your logo
  • Backup and restoration of data across all accounts
  • Manage user permissions
  • Add admins to each account

CoinTracking.info Safety

As CoinTracking.info does not take custody of your digital assets, you only have to be worried about the safety of your personal information. In order to ensure this, the platform uses its own server with all databases protected, encrypted, and completely shielded.

In addition, the team ensures that any data they delete will not be left behind. You also have the option to register anonymously, without even having to provide your email address. Instead,  user statistics will be calculated without any personal details.

CoinTracking.info Customer Service

CoinTracking.info has one of the most extensive customer service areas I have seen on tax reporting platforms. It has an elaborate documentation section that covers almost every question you might have. It also has a separate FAQ that caters to the most commonly asked questions.

There is even a CoinTracking.info robot ready at your disposal. This is all aside from the typical customer service tools such as communities, live chat, video tutorials, and email contact. There is also a demo version of the website available that can give you a good idea of what to expect once you start using the platform.

CoinTracking.info – The Verdict

It is clear by now that CoinTracking.info brings plenty of features to the table. It offers a broad and comprehensive analysis of your crypto portfolio – which allows you to manage all your digital currency accounts at once.

Moreover, its longstanding reputation has allowed the CoinTracking.info team to update the platform regularly to cater to the changing needs of the crypto community.

To ensure the provider is right for you, CoinTracking.info also offers a free account to help you understand whether the platform can fit your tax reporting needs. Overall, CoinTracking.info comes across as one of the most efficient management tools you can use for your crypto portfolios.

Sign up to Cointracking

How to Day Trade Stocks in Two Hours or Less (Extensive Guide)

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How to day trade stocks in two hours or less

If you have little time but want to learn how to trade stocks in less than two hours a day, this guide is for you. You may already be trading stocks, but how practical is it to compress your trading hours and still achieve success?

Depending on your experience of trading stocks, it’s easy to feel overwhelmed.

How do you know what stocks to choose and how to manage open trades?

This guide will set out a simple plan for trading stocks in two hours or less. I’ll highlight suggestions for a trading plan and a few simple strategies to help you get started.

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TradeSanta Crypto Trading Bot Review 2025

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TradeSanta

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The cryptocurrency market is notorious for its volatility. On the one hand, it provides a lot of opportunities for cryptocurrency traders. On the other hand, it increases the trading risks involved. Unlike traditional markets, the cryptocurrency market never sleeps and operates 24/7.

So how can you make the most out of the volatility that the crypto market offers without losing a good night’s sleep?

The perfect solution for traders to take advantage of crypto market fluctuations is to set up an automated trading robot.

About TradeSanta

TradeSanta is a trading robots software being both friendly to beginners and providing advanced tools for pro traders. TradeSanta has been operating since 2018. The service provides extensive documentation and video tutorials to facilitate the onboarding into automated trading.

Customer Support is always available to answer any questions and onboard into the automated trading world.

How It Works

The first step towards creating your first bot is connecting the account of one of the supported exchanges to TradeSanta via the API keys.

After that, all you have to do is choose a pair to trade, decide on a strategy (do you think the price will go up or down?), and some parameters (How many times do you want your bot to Take profit?). The bot will place the first order and then a take-profit order that will bring you the desired earnings.

TradeSanta’s bot also allows you to place some extra orders in case the trade goes south to take profit even if the market goes contrary to your bot’s direction.

TradeSanta Features

  • Supports all biggest exchanges such as Binance, Huobi, Okex, and HitBTC
  • Grid and DCA strategies: taking profit one time for all orders or several times for each order
  • Stop Loss, Trailing Stop Loss, and Trailing Take Profit to manage risks
  • Virtual trading to test the strategy against the real market conditions
  • Manual trading on multiple exchanges in one interface
  • Binance Futures trading to trade with leverage

What You Have To Know To Start Automated Trading

First of all, automated trading is all about automating as it follows from the title. First of all, you have to have a trading strategy to automate. If you haven’t decided on your trading strategy yet, make sure to take some time and answer the following questions:

  1. What coins will you trade: stable coins, altcoins, or just BTC?
  2. How much currency will you be trading?
  3. What exchange will you trade on?
  4. What’s your trading style: consistent small profits or playing big?

Automated trading is a useful tool to save your time and let the robot take care of monitoring the market. However, some help will be needed from your side for the bot to make some profit.

How To Set Up A Bot

You can use one of the preset templates provided by TradeSanta or set up a bot from Scratch.

1. Choose one of the connected exchanges, the pair, and the expected price direction. Once you’ve selected the pair, you will see the price dynamics, the coin balance, and 24h volatility to help you decide if you want to trade this pair.

Tradesanta

2. Choose one of the bots templates for DCA strategy (one Take Profit order) or Grid strategy (separate Take Profit order for each). Decide on the bot parameters: Take Profit, Number of Extra orders (how many orders will be placed if the price goes in the contrary direction) and Step of Extra Order ( the percentage of price change between the two orders).

Here you can also decide on the volume of each order. The calculator will show you if you have enough coins to cover the first and extra orders.

Tradesanta

3. The last step is managing the risk with the Stop Loss and Trailing Stop loss as well as deciding on whether you want the bot to start the deal based on technical indicators.

Security

To trade via automated bots the only thing you need is an exchange account. TradeSanta connects to the exchanges via API. The withdrawal option is disabled by default, make sure it stays that way! TradeSanta does not have any access to your funds, the bots can only place and cancel trades.

TradeSanta takes security seriously and offers 2FA authentication to further secure accounts.

TradeSanta Plans

TradeSanta doesn’t charge any trading fees. All the traders get a 3-Day trial of a Basic Package.

TradeSanta offers 3 plans differing in number of bots and some functionality:

  • Basic Plan: 49 bots, Unlimited Number of pairs, technical indicators. Starts at $14/month
  • Advanced Plan: 99 bots, benefits of Basic plan, Trailing Take Profit. Starts at $20/month
  • Maximum Plan: Unlimited number of bots, benefits of Advanced Plan, Futures Trading. Starts at $30/month

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4 Best Low Commission Trading Brokers for the European Market

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Seasoned traders will tell you that brokers in Europe offer some of the best trading platforms with strict regulatory measures to protect trader’s investment and ever-decreasing transaction fees. As a result, many new brokers are looking to invest in the European trading market.

However, this growing number of traders has also led to a rise in new brokers looking to benefit from the increased traffic. So, how do you differentiate the good legit brokers from those looking to scam your hard-earned cash with ridiculous commission fees on Europe’s trading scene?

Here’s a list of what I consider the best low-commission trading brokers in Europe right now. With this list and plenty of educational material to supplement your research, you’re set to start trading like a pro.

Disclaimer – I do not provide investment advice on Contract for Differences (CFDs) as they are complicated and come with a high risk of losing your money. Around 74-89% of investor accounts lose money when trading CFDs. You must have a higher understanding of how CFDs work and consider whether you can afford the high risk of losing your money.

Best Low Commission European Trading Brokers

Are you looking at the top brokerages serving European traders? Here is a list of the best ones with free commission trading and low or zero withdrawal fees.

  • DEGIRO – Zero commission broker with low fees on trades. DEGIRO offers some of the lowest fees on the market and is regulated by multiple top-tier authorities. It provides a web and mobile platform that is easy to use.
  • eToro – Zero commission on stocks makes eToro the largest discount broker for European traders. Regulated by UK Financial Conduct Authority (the FCA), CySEC (EU), and ASIC (AU), the broker has over 12 million active users. Seamless account opening with social trading experience makes eToro a top choice.

DEGIRO – Top online trader and discount trading

Trade on DEGIRO

DEGIRO is a privately owned discount broker that was founded in 2008 in the Netherlands. The Dutch online trade platform is popular for its low trading fees and free monthly ETF trades.

Some of the top-tier authorities regulating DEGIRO operations include the Dutch Central Bank DNB and Netherlands Authority for Financial Markets AFM. Additionally, the company is duly registered by the Amsterdam-based Chamber of Commerce and Industry.

DEGIRO provides its users with bonds, options, stocks, ETFs, leveraged products, and futures. You will get access to about 50 world exchanges on this platform.

If the company’s claim on their website is anything to go by, they have industry-leading commission rates and a trading platform suitable for beginner trading. If you’re looking to cut on costs while trading, DEGIRO offers an easy-to-use platform worth considering.

Fees

Trading fees on DEGIRO are among the lowest, but you can only enjoy one monthly commission-free ETF irrespective of your trade size.

The good news is that DEGIRO has zero deposit fees and no limit on the account minimums. What’s more, it does not charge you for withdrawing earnings from the platform. DEGIRO is also one of the cheapest platforms for account maintenance – there is zero annual maintenance and custody fee charged.

On the other hand, just like many other brokers, DEGIRO charges a small fee on international ETF trading. The charge includes a €2 cost in addition to 0.03% of the value of your order. The charges on stock trading vary widely, but they’re lower than the industry averages.

For instance, trading stock on the London Stock Exchange will cost you €1.75 and an additional 0.022%. If you were to go for another broker, say Xetra, it would cost you €4.00 and an additional 0.05%.

On DEGIRO, you’ll part with €2.5 as an annual connection fee for each exchange – except for the Irish Stock Exchange – and an extra 0.10% of the traded amount as a currency exchange fee.

DEGIRO features

  • Low trading fees
  • Products on offer include bonds, options, futures, shares, leveraged products.
  • Regulated by AFM
  • No minimum account deposits
  • No inactivity fee
  • 24-hour trading
  • Supports EUR, CHF, GBP, NOK, SEK, CZK, PLN, HUF and DKK.

Trade on DEGIRO

eToro – Zero-commission on Stocks

Trade on eToro

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

eToro was formed in 2007 and has grown to become the largest international broker with over 12 million traders. It provides EU and UK traders with commission-free trading on stocks and ETFs. The platform offers a wide range of products, including cryptocurrencies, indices, forex, and commodities, at very favorable spreads.

Having been in the industry for over 13 years, eToro stands out as a reputable trading broker. Three top-tier authorities regulate it, including ASIC of AU, CySEC of EU, and FCA in the UK. Due to the Cyprus Securities and Exchange Commission regulation of eToro, investors have up to €20,000 protection. The UK regulator, on the other hand, protects up to €85,000.

Fees

If you’re looking for an investment brokerage with the lowest fees, eToro beats them all. The platform charges zero fees when you open or close a stock trade. This is for the non-leveraged positions.

It is worth noting that eToro’s USD-based accounts incur a flat rate fee of $5.00 on withdrawals. Unfortunately, deposits made in other currencies will have to incur an additional conversion fee.

eToro is a multi-asset platform that allows you to invest in stocks and crypto-assets as well as trading CFD assets.

eToro features

  • Zero commission on stocks and low transaction fees
  • Wide range of products, including forex, cryptocurrencies, CFDs, stocks, and indices
  • Excluding Serbia, all other European countries are supported
  • Regulated by FCA, CySEC, ASIC
  • Minimum deposit amounts of $200
  • Has a demo account for beginner traders to do some training
  • Charges a $10 inactivity fee for accounts that stay logged out for a year
  • Copy portfolios are designed to minimize your risk long-term while pointing you towards new opportunities
  • Copy-trading is available
  • Fractional shares are available

Trade on eToro

Investing in stocks, bonds, and ETFs involves risks including complete loss. Please do your research before making any investment.

Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down.
Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Conclusion

Online trading allows you to invest your money in products whose performance you can track in real-time. Different brokerage firms vary in the way they charge for their services. These charges can be a deal-breaker when it comes to choosing your ideal platform.

DEGIRO is outstanding for its low fees and overall ease of use. eToro has an outstanding reputation as a commission-free platform with a plethora of features.

That said, your favorite platform should be based on your needs. Generally, the brokers mentioned above provide the industry’s best services in Europe.

Investing in stocks, bonds, and ETFs involves risks including complete loss. Please do your research before making any investment.

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Jean Galea

Investor | Dad | Global Citizen | Athlete