One of the asset classes that I’m very bullish about is the video gaming industry, and I plan to increase my investments in this area over the coming years.

Even before the pandemic, the video game industry was lucrative, growing 7.2% YoY (year-over-year) in 2019. Video games are gradually becoming the preferred form of entertainment. Data from Newzoo and Comscore shows that global video game revenue of $148.8 billion surpassed worldwide movie box office collection of $42.5 billion in 2019.

The significant change in the technology and business models of the gaming industry is driving growth. Video games have expanded beyond consoles to PCs and mobile. Thanks to high-speed internet, game developers have gone digital. Instead of buying video game packages, gamers can download games, subscribe to cloud gaming services, and make in-gaming purchases like new missions and player skins to enhance their gaming experience.

Similar to other physical sports, video games have sporting events called esports, where professional gamers compete in front of millions of viewers. According to Newzoo, 443 million people watched esports in 2019, and this number is expected to reach 495 million in 2020. The secret to succeeding in gaming is developing games that generate a loyal fan base for sequels, prequels, and merchandise goods.

[Read more…]

If you’re planning to trade assets online – it’s crucial that you choose a platform that meets a set of strict criteria.

This includes competitive fees and spreads, heaps of tradable instruments, support for your preferred payment method and of course – a strong regulatory standing.

In this review, I am going to explore whether or not NSBroker is a trading platform worth your consideration. I’ll cover each of the aforementioned metrics – as well as factors such as trading tools, leverage, customer support, and liquidity.

What is NSBroker?

NSBroker is an online trading platform that allows you to buy and sell financial instruments from the comfort of your home. The platform supports a variety of asset classes – all of which are represented by CFDs (contracts-for-differences). This includes indices, metals, energies, cryptocurrencies, and forex.

As I cover in more detail shortly, trading these instruments via CFDs comes with several benefits. For example, NSBroker allows you to choose from a buy or sell position on all of its markets. Put simply, this means that you can speculate on the value of the asset going up, as well as down.

Additionally, all CFD markets at NSBroker can be traded with leverage. This means that you can access your chosen market with more money than you have in your account. As a trading platform based in Malta, NSBroker is required to comply with the European Securities and Markets Authority (ESMA).

This means that retail clients are capped to leverage of 1:30 when trading major forex pairs – and less on other asset classes. In terms of the trading platform itself, NSBroker offers full support for MetaTrader 5 (MT5). This is a third-party platform that can be accessed online, through desktop software, or via a mobile app.

[Read more…]