Why Pandora Blows Forex Brokers Out of the Water
Our value proposition revolves heavily around giving crypto investors the seasoned tools and market maturity that the Forex space has had for years. But, we aren’t exactly like Forex brokers. Between operational nuances, philosophical differences, and technical characteristics, i-Pandora is quite different from Forex brokers. In fact, we blow them out of the water.
Today, let’s dive into a few reasons why i-Pandora offers a better “traders benefits package” than Forex brokers.
Forex brokers produce their numbers in-house. So, when you store funds in a brokerage, those funds are stored, counted, and held by the brokerage itself. In other words, the ledger is kept in-house. Of course, this works well for some brokers who invest stored funds while heavily discouraging withdrawals. It can be a massive money-machine for brokers, but it positions them against the traders. Brokers want you to keep your money in-house.
Of course, Forex brokers also make money on the spread. They take points out of each trade and use that as a source of income. But, when the fluid capital is all kept on in-house ledgers, there’s a potential for systematic abuse. Who controls the numbers? Who has the final say on trade wins? Well, the Forex broker does.
That’s not our style. i-Pandora does not have access to the ledger. In fact, we do not even have access to your API keys. Based on the philosophies that guided blockchain in the first place, i-Pandora is completely transparent and non-manipulable. We can not claim to be a cryptocurrency solution if we are breaking all of the rules that made crypto such a success in the first place.
Access to Cryptocurrencies
In today’s financial ecosystem, some Forex brokers are beginning to step into the crypto world. But, the Forex brokers that do allow access to real crypto-trading, instead only give traders access to a few coins. Typically these are the seasoned coins (Bitcoin, XRP, Ethereum, etc.) that are already heavily established in the market.
While offering a few cryptocurrencies may seem like a great opportunity for Forex traders, access to limited coins may be more harmful than helpful. This ecosystem gives traders a closed-look view at the crypto-market. By only having access to the few top players, it’s difficult for traders to understand market complexities or invest in rising utility and security tokens.
i-Pandora allows traders to trade a massive variety of cryptocurrencies across markets on one platform. We are giving traders the power of decision. Instead of limiting trading to the major players, we want to give them the opportunity to dive deep into the crypto world and make strategic investments on smaller, less volatile coins and new, tech-driven coins.
Knowledge Base & Tools
Sure, some Forex brokers let you trade a few coins, but they don’t provide any tools or resources on cryptocurrencies. Instead, they shove them onto the platform and continue moving. Why should they care? They’ll make money on the spread even if you invest without understanding. In fact, giving you crypto-investment tools and educational materials may negatively impact their brokerage that relies on you betting as often and as much as possible.
i-Pandora gives you access to a wide range of tools and educational materials. By leveraging seasoned Forex tools (like MetaTrader 5,), i-Pandora lets you connect to major Bitcoin exchange lines — like
Forex brokers can be absolutely fantastic for currency exchange but, when it comes to coins/tokens, they’re utterly lacking. We compare ourselves to Forex brokers because we think that the maturity of the Forex market can be helpful in the crypto-space. But, we are not Forex brokers. i-Pandora doesn’t holster funds in-house or hold any ledgers. Instead of giving you access to a select few cryptocurrencies, we provide you with access to over a half dozen exchanges and wallets (and we let you view prices changes from +70 exchanges!) Of course, i-Pandora also offers the tools and support that users need to make educated trades.
We want traders to have the freedom to invest in rising coins and technologies — not restrict them to a few handpicked coins. This partnership between i-Pandora and crypto traders creates an atmosphere of integrity, trust, and ingenuity. Let’s bring market maturity to the cryptocurrency space!