Broker News

Reverse Futures Available with Spectre.Ai

spectreai2020 has turned out to be one of the most economically turbulent times in our world’s history with the COVID Pandemic still going on. For web income opportunity seekers Spectre.ai provides a platform for producing high returns in the crypto landscape.

 

 

Recently Spectre.ai launched a brand-new asset class called Reverse Futures. It provides a way for users to speculate on real-world equities such as Apple, Tencent, Microsoft, Google, and Testla, but in a historical manner. For instance, it will allow users go long on these company stocks at a time before they achieved their current status in the world.

 

Reverse Futures Explained

Through Reverse Futures, spectre.ai users can essentially trade the past, something which no other broker currently provides. Spectre.ai uses historical price data which they stream forward in time to create this synthetic asset class.

Reverse Futures are tamper proof. A trader cannot predict the price movement with 100% accuracy by simply going back to a particular date in the past. They follow the particular price trajectory over time and are by no means random. Spectre.ai’s platform provides all major equities with a heavy net long bias through the years, providing traders with a definite edge.

 

Exciting Features of Reverse Futures

The salient features of this new asset class provide traders with an opportunity to generate great returns. Some of these have been explained in brief below.

  • New Payout rates: The payout rates for Reverse Futures are in the 90% range. However, it can peak at an astounding 400% for 3 consecutive winning trades. This is not applicable for traders who opt for a digital contract structure instead of a covered CFD. There are no drops in payouts, regardless of the time.
  • Covered CFD: Covered CFD or C-CFD allow Spectre.ai users to trade Contract for Differences on Reverse Futures. They can do this without applying any leverage with gains and losses defined.
  • All day trading: Reverse Futures at spectre.ai trades on a 24-hour basis for 7 days a week. This includes weekends and bank holidays as well.
  • Expiries: Expiries for Reverse Futures start from as low as 1 second to the end of the day.
  • Accurate representation: The data feed provided by Spectre.ai is based on historical price data. These represent the intraday market movements of various stocks.
  • Trading: Users can trade these historical contracts via speculative up or down trades, just like the other assets on the platform. Spectre.ai uses 100%real financial market data in providing this service
  • Charts: Spectre.ai provides liquid charts that are updated almost instantly to help users with their trades. It provides animated splines for easy visual representation.

 

Future Plans of Spectre.ai

The announcement of the launch of Reverse Futures comes after the overwhelming success achieved by EPIC, which was Spectre.ai’s Euro-based currency pairs traded through time. According to the Spectre.ai team, they plan to include small to mid-cap equities across all major countries in their Reverse Futures trading feature as well as for traditional spot trading. They hope to accomplish their goal by the end of 2021.

 

Conclusion

Spectre.ai already provides perhaps one of the most innovative services for synthetic assets in the cryptocurrency landscape. Launched more than two years ago to provide fraud-free retail trading services, it has already garnered attention with the release of its new API that allows traders to develop and build their applications and automated strategy robots.

The success of EPIC or Epochal Price Index Composite, the newly added Reverse Futures features is another innovative step in the right direction. At the time of writing, according to coinmarketcap.com data, the Spectre.ai’s Dividend token is valued at $0.079146 while its Utility token is valued at $0.58570.

 

For more please read Spectre.ai Review

 

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.