News Nuggets | 23 August: MetaQuotes Caps Product Activation; Swissquote's Portfolios

<p>MetaQuotes Reduces Maximum Product Activations
</p><p>MetaQuotes, the developer of <a href="https://www.financemagnates.com/forex/metaquotes-is-back-on-the-app-store-but-with-a-messaging-app/">MT4 and MT5 trading platforms</a>, will reduce the maximum number of activations authors can set for their Market products from unlimited to 20. The changes will be effective from 1 September 2023.
</p><p>"We were forced to introduce restrictions only because some authors abused the capabilities of the Market and used the site for personal purposes in an unauthorized way. We apologize for any inconvenience," the company stated.
</p><p>Each activation creates a special product copy of the SaaS product on the user's device. It is bound to the computer, namely to the hardware and operating system, protecting unauthorised copying.
</p><p>"The minimum number of activations upon purchase is 5, which is quite sufficient for comfortable use of a product. Activations are spent only if you change hardware or reinstall the system, which does not happen so often in everyday life. If an author provides 20 activations, this will cover any possible use cases. When using a built-in VPS, activations are not spent at all," MetaQuotes added.</p><p>Swissquotes Brings Value Rockstars Certificate
</p><p><a href="https://www.financemagnates.com/tag/swissquote/">Swissquote</a>, a popular broker in Europe, has given color to its thematic portfolios by introducing value rockstar certificates with the names of Michael Burry, Joel Greenblatt, Stanley Druckenmiller, and Warren Buffet.
</p><p>"We select and allocate the stocks in this certificate according to quantitative criteria, taking into account the size of the holding positions within the portfolios of the investment companies, as well as their most recent highest-conviction calls, based on their latest SEC Form 13F reports," Swissquote explained.</p><p>FCA Warns against Fake FX Broker
</p><p>The UK's <a href="https://www.financemagnates.com/cryptocurrency/fca-provides-4-legal-routes-for-compliance-with-upcoming-crypto-promotion-rules/">Financial Conduct Authority</a> (FCA) has continued its vigilantism against fake financial services brokers with the latest warning against Wind Forex Trading. </p><p>Claimed to be addressed in London's Canary Wharf, the suspicious broker offers online trading services. However, most of the functions on its websites are not even working, confirming the fraudulent nature of it.
</p><p>"This firm may be providing financial services or products without our authorization. You should avoid dealing with this firm and beware of potential scams," the FCA announcement stated.</p><p>Conotoxia embraces Google Cloud's AI
</p><p>Poland's <a href="https://www.financemagnates.com/forex/conotoxias-2022-fx-turnover-soars-5-to-829-billion-record-user-base/">Conotoxia</a> has partnered with Devoteam G Cloud and Google Cloud to develop products and tools using artificial intelligence (AI).
</p><p>"By harnessing the power of Google Cloud technology, we can now analyse our users' needs in real time and in a systematic way to create tailored offers specifically for them. Most importantly, we also can transparently report results as they happen," said Robert Błaszczyk, Head of Strategic Clients' Department at Conotoxia.
</p><p>"The dynamics in the finance world are huge, which translates into customer expectations. The scalability and automation offered by the cloud support us in meeting these expectations."</p><p>Lightyear Comes with Business Investment Account
</p><p>Lightyear, a retail investment platform, has launched business accounts in the United Kingdom, targeting freelancers and sole directors in the country. The platform will also open access to money market funds with a partnership with BlackRock.
</p><p>The company will provide 4.5 percent interest on the uninvested funds, while BlackRock's GBP money market fund currently returns 5.14 percent annually.
</p><p>"We're helping businesses actually benefit from the increasing interest rates – something which they just can't do with banks," said Martin Sokk, co-founder and CEO at Lightyear. "We're first focusing on the largest, but most underserved part of the market – sole owner businesses – then we'll open this out to multi-user and larger businesses in the next few months."
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This article was written by Finance Magnates Staff at www.financemagnates.com.