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GnuTrade was launched last year.
One of my favourites is GnuTrade’s Back a Player facility which is a trading option that no other gaming or trading company offers, and the potential for play money traders to make real cash if they attract a real money player to back them is obviously attractive. GnuTrade uses game-like graphics to make financial trading accessible to everyone.
Also, if you’ve ever fancied yourself as a stockbroker but lacked the confidence or cash to try, then Gnutrade is worth a go. It’s an easy way to play the world’s financial markets by betting on whether an index, such as the FTSE or Dow Jones, will go up or down. The service is free to join and lets you learn to trade with an unlimited amount of ‘play money’ before parting with real dosh. Detailed guides are provided to help beginners, while a live chat area allows you to share tips with other members. Surprisingly simple to use, Gnutrade is potentially both fun and financially rewarding.
GnuTrade (pronounced ‘noo trade’) price movements are easy to follow and you gain a better, more enjoyable trading experience. The site offers novel, simple ways to bet on the markets or other players and clear educational guides for those who are new to trading or want to improve their skills. GnuTrade even lets you use small amounts of cash and trade with play money to practice trading and help build confidence.
Past performance is beautifully illustrated with graphics that relay market movements in an easy to understand way. Market reports are available on the site too so you can do some homework before placing a bet.
Now everyone will have their own take on whether gambling on market movements is a good or bad thing but even if you do not want to risk a penny it is possible to make money here. As I’ve said this is because the site allows people who bet with cash to back players who are playing for fun. If you attract a real money player to back you and you make a profit, then some of that real cash gets sent to your account.
GnuTrade is an independent company registered in Curacao, which was founded by a team of highly experienced finance professionals. The company operates under a master licence issued by the Government of Netherlands Antilles and adheres to strict rules and policies regarding risk management, data security and accounting procedures. GnuTrade has offices and development teams in the UK, Curacao, Chile, India and South Africa.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.