LONDON, May 21, 2014 /PRNewswire/ --
Good friends are for keeps. Unless there's a fun little app where you can hypothetically swap them.
What if you could trade something more valuable than money? That's the tongue-in-cheek question that technology company MahiFX, home to the award-winning forex trading platform, seeks to explore with their new Facebook game 'Trading Faces'.
The premise of the game is based on a simplified form of Forex trading, and challenges you to swap your Facebook pals according to their friend counts with the aim of increasing your final profit. Accurately choose which of your peers is 'wealthier' in friendships and you will earn the difference… or lose it if you are wrong.
'Trading Faces' pokes a little playful humour around whilst simultaneously offering a learning tool to assist less experienced traders. By combining Forex with something that everyone can relate to, this addictive app sparks up your competitive nature and not only teaches you the basics of trading but also the ambitious attitude that is often the key to success. Despite the game being relatively short, the urge to try again is often too much to resist. Whether you're competitive with yourself or others, there's always a figure that needs to be topped and you'll find yourself clicking 'Play Again' before you know it.
The free app available now via Facebook and the MahiFX website (https://mahifx.com/trade-your-friends), is compatible with a range of browsers and devices including desktop, tablet and mobile phones. The Facebook API provides the data for Trading Faces, bringing the dynamic game to life with comprehensive names, friend counts, pictures and avatars. Additional features include the ability to share your profit on your Facebook feed, prompting further opportunity to be that tiny bit better than your friends.
While MahiFX are not saying you should trade your friends, there's no harm in a cheeky suggestion. What's more important is the underlying theory that 'Trading Faces' conveys: anyone and everyone can learn to trade with the right tools.
Notes for Editors:
Developed by a team of ex-interbank traders, analysts, statisticians and developers, MahiFX provides FX traders direct access to institutional level execution speeds and spreads through its proprietary-built fully automated pricing and risk management technology. Prices are tradeable - there are no 'from' prices, hidden costs, slippage, re-quotes or minimum trade sizes. The platform, available for desktop, web and now MT4, features extensive customisable charting, a wide range of indicators, social trading features, and access to round-the-clock news and economic updates.
MahiFX is headed by David Cooney, former global co-head of currency options and e-FX trading at Barclays Capital and responsible for the award winning e-commerce platform BARX and Susan Cooney, former head of e-FX Institutional Sales in Europe for Barclays Capital.
MahiFX's recently launched MFX Compass provides institutions with fast access to a scalable out of the box e-FX trading business while minimizing development costs, framework complexity and time to market. Banks and businesses can now achieve the same level of success previously enjoyed only by Tier 1 banks, and at a fraction of the time and cost.
MahiFX global operations are headquartered in Christchurch, New Zealand with offices in London, UK. The company is regulated by The Australian Securities and Investments Commission (ASIC), Australia's corporate, markets and financial services regulator with Financial Conduct Authority (FCA) regulation and approval pending.
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