Top 10 Forex Brokers in the UK (FXCM, GCAP)

Forex Trading in Kenya.

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..
  1. Sam sieden
  2. Cuebanks
  3. TheCoinFx
  4. The trading channel
  5. Astro
  6. Forex family
  7. Wicksdontlie
Advanced stuff
  1. ICT
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.
submitted by ChaliFlaniwaNairobi to Kenya [link] [comments]

UK Guide to US Options Trading

This is guide to US options trading from the UK, because I've seen countless requests of people browsing in /ukinvesting, /options, /wallstreetbets etc. about this.
First thing's first - no part of this post is to be taken as financial advice. It is a guide on how to start options trading from the UK. Options/CFD trading is a high-risk activity and most retail traders lose money.

1. CFDs vs. Options

So getting started, options and contracts for difference (CFDs) are both financial derivatives - they derive their values from an underlying security e.g. stock, indices, currency, commodities. Long story short, CFDs do not have an expiration and options do; and at the option expiration date, options give the opportunity to buy/sell the underlying (e.g. stock) at the agreed strike price. CFDs are highly directional (delta) trades where positions require ongoing financing fees by a broker, whereas options strategies allow the trader to trade time decay (theta) as well as market volatility (vega). Options provide greater flexibility in trading strategies (time/volatility trading as well as direction); however, due to this, the more complex strategies can be difficult to understand.
Spread betting allows a literal directional bet of an underlying by a certain date. It is most similar naked options - i.e. if your position moves against you enough, your broker may forcibly close your position unfavourably and/or margin call you for extra cash ("you can lose more than your initial deposit"). With options/CFDs, you can define risk by specifying a profitability range (spreads) instead to avoid this scenario. Due to spread betting being so close to gambling, it is treated as such in the UK in terms of taxation - gains are tax free. I will also add here that CFDs/options can also be used in this manner (gambling, with subsequent margin calls etc.), and that CFD brokers tend to understate the risks of these strategies, whilst almost all options brokers require elevated permissions to seek out this level of risk - this is because blowing through margin presents a risk to the broker and they would rather have commissions without the risks of the brokerage going bust. The lowest level of permissions still allows you to buy extremely highly leveraged OTM options without margin, as your max loss is limited to the amount you paid for those options.

2. Brokers

Given that options effectively open up two additional aspects of trading (time/volatility) and require additional regulatory oversight compared to CFDs/spreadbetting, there is basically no options market in the UK - the only brokers at this time are IG/Saxo, and they only do vanilla options on Forex/Indices/Commodities. Everyone else only does CFDs and/or stock (T212, Freetrade, IG, Plus500 etc.). To engage in true stock options trading, the only choice is to open an international/US brokerage account.
The two that are accessible to UK investors are Interactive Brokers (IB) and TastyWorks. Both are reputable brokers and have strong insurances for cash & securities held with them.

3. Opening an account

I will walk through some of the aspects of funding and operating a TastyWorks account from the UK, as this is my recommendation if you're here looking for a cheap way to get started.
Opening a free account on TastyWorks is easy as they are used to foreign traders (form filling within 20-60 mins - you will need a photo of proof of ID and address). It typically takes 1 day for cash accounts and 2-3 days for margin accounts to be ready for funding. My referral link if you feel this guide deserves the effort is: https://start.tastyworks.com/#/login?referralCode=GD9EGGNZYZ. (mods, happy to remove this is this guide is deemed low effort)
The account types are:

4. Funding the Account

Since trading US options is done in USD, the account must be funded in USD. As international traders, deposits must be "By Wire", assuming you do not have a US bank account - full instructions for the "By Wire" method will show up when you are approved to fund your account. With TastyWorks, UK traders have 3 options at time of writing, going from highest to lowest fee:
1) Starling Bank: ~1% commission (+flat fee TBC?)
2) CurrencyFair: typical ~0.75% commission +$20 flat fee
3) TransferWise/Revolut + UK USD Account: ~0.5% commission +$20 flat fee
TastyWorks does not accept third party transfers (accounts not in your name), so services such as Revolut and TransferWise (inc. borderless) do not work directly
4.1 Starling Bank
With Starling Bank, you can do an international wire from a GBP account directly. Easy online bank setup and probably fastest way to get started, especially if you already bank with them. Note: Starling Bank is rejecting transfers to TastyWorks 'as it sits out of our international payment provider's risk appetite' (as of 11th May) - waiting for updates
Note that other routes include a $20 flat fee charged by intermediate banks before the transfer reaches TastyWorks. Haven't got confirmation that this route is charged or if Starling includes it within their higher fee.
4.2 CurrencyFair
TastyWorks have approved transfers via CurrencyFair with a guide at: https://support.tastyworks.com/support/solutions/articles/43000435321-can-i-use-currencyfair-to-fund-my-account-
Easy to get started, but a couple hoops to jump through to confirm your transaction to TastyWorks via email.
Note that the $20 flat fee is for an intermediary bank to take their cut between CF and TastyWorks, but that is not mentioned on the CurrencyFair website.
4.3 USD account + TransferWise/Revolut
The cheapest option is to set up a USD currency account and transfer through that.
The account of choice is the Barclays USD Foreign Currency account - you need a current account with them to be able to open the USD account. HSBC also have an offering, but not had this route confirmed.
Once the USD account is open, you can transfer into it using Revolut/TransferWise (cheap) and then international (wire) transfer from Barclays account to TastyWorks (free!). Note that the Barclays USD account is still a UK bank account, so you'll need to use a SWIFT transfer from Revolut/TransferWise to turn your GBP into USD.
Note that the $20 flat fee is for an intermediary bank to take their cut between Barclays and TastyWorks, but that is not mentioned on the Barclays website.
4.4 Withdrawals
To withdraw funds, do the opposite for a deposit, noting that $45 will be charged by TastyWorks per withdrawal.

5. Getting Started

I highly, highly recommend TastyWork's education centre and their TastyTrade videos, especially if you are new to this.
Otherwise, once funded, it's as simple as downloading the app on mobile, using the browser trading screen, or downloading their full desktop platform.
That's it for the guide - happy trading, and if there are any questions, feel free to get in touch and I'll edit the answers in here. I want this to be a resource because I've helped many people get started, and it would be good to have it all in one place!
submitted by TheScotchEngineer to UKInvesting [link] [comments]

Lincolnfx Review; How to Recover Money from Lincolnfx

Lincoln FX is a fake forex and investment trading targeting people in the UK, Spain, Germany and Europe. Hire a verified recovery expert to get lost money from Lincolnfx.capital
Lincolnfx.capital ReviewLincolnFX offers its customers the following accounts with which to execute trades:
For all the account types, the maximum leverage offered is 1:500, but we could not find any information on what the minimum deposit requirement is.
LincolnFX.capital General Information
Website URL: https://www.lincolnfx.capital/ Founded: 2018 Regulations: No Languages: English, German, Spanish Deposit Methods: SecureMasterpay Minimum Deposit: N/A Free Demo Account: Offered Number of Assets: Unknown Types of Assets: Forex Currency Pairs, Various CFDs
Trading Accounts and Conditions
LincolnFX offers its customers the following accounts with which to execute trades:
For all the account types, the maximum leverage offered is 1:500, but we could not find any information on what the minimum deposit requirement is.
LincolnFX.Capital Features
Here are the advantages of trading with LincolnFX:
Trading Conditions: Based on the information that we found on the broker’s demo account, the trading conditions seem quite favorable to traders. The maximum leverage LincolnFX offers is 1:500 and the spread that is in the range of 1 pip.
A leverage level such as that offered by LincolnFX is something that will appeal to most traders, including those that prefer high-risk investments. And we checked the spread for the EURUSD currency pair and found the spread at 1.5 pips, which is on par with industry standards, and favorable for traders.
MetaTrader 4 Platform: Another thing trading with LincolnFX offers is the MT4 trading platform. The MT4 platform is the world’s most preferred trading software since it offers its users the full array of trading tools – strong charting options, over 50 in-built market indicators, a range of EAs (Expert Advisors), and the benefit of customizing the EA and market indicators to your requirements. You also get a comprehensive set of back-testing options for each of these features.
Demo Account: Yet another advantage of trading with LincolnFx is that you can test the trading conditions the broker offers. This lends the broker a sense of transparency, which is why many traders may be tempted to deal with LincolnFX.
Range of Assets: LincolnFX offers its clients a surprisingly wide range of trading instruments, which is another point in its favor. Traders can choose from a large number of currency pairs, including some exotic and minor ones. Added to the forex offerings are a range of CFDs to choose from.
How to Recover Money from Lincolnfx.capital
When you look at the string of features we have listed for this broker, you might be considering doing business with LincolnFX. However, before you do so, please read out insights into the disadvantages of doing business with this broker before you take that step:
Lack of Corporate Information
This broker has not provided the necessary corporate information that all brokers should. All that we could find on LincolnFX’s website was a telephone number that was prefixed with a UK country code.
The name of the company that owns and operates this brokerage is Lincolnfx.capital Ltd.
When we checked these two pieces of information, we found out that such a company doesn’t exist at all. You can recover money lost to Lincolnfx.capital by hiring a Verified Recovery Expert.
submitted by maspetertho to u/maspetertho [link] [comments]

IQ stock broker is a Forex & bitcoin Company in USA Founded in 2012 by a team of highly motivated professionals who are very passionate about trading on the world’s financial market, and are keen on empowering

Bitcoin, Cryptocurrency, forex, make money, online trade, stock exchange
IQ Stock Broker
IQ stock broker is a Forex & bitcoin Company in USA Founded in 2012 by a team of highly motivated professionals who are very passionate about trading on the world’s financial market, and are keen on empowering others on the same bailiwick. Binary options, or digital options, have continued to gain popularity in the past decade, many ambitious traders see binary options as their preferred choice of investment vehicle in this time of market instability. “IQ Stock Broker” stands out as a leader among the brokers out there with a team that is made up of professionals with experience in Binary trading, risk management, derivatives and international laws and legislation. Their combined knowledge and experience trumps that held by most operators in the market. Learn about bitcoin price in USD here and convert bitcoin to dollar, bitcoin to pounds, bitcoin to euro, bitcoin to yen, bitcoin to naira. Create your own bitcoin wallet. Daily bitcoin news. everything you need about bitcoin mining, bitcoin trade, analysis, bitcoin account, bitcoin atm, bitcoin address, bitcoin stock, bitcoin cash, bitcoin halving, bitcoin stock, bitcoin atm, bitcoin wallet, bitcoin mining, bitcoin news, bitcoin address, bitcoin app, bitcoin atm nyc , bitcoin account, bitcoin atm machine ,bitcoin analysis ,bitcoin all time high , bitcoin address lookup , a bitcoin atm ,a bitcoin worth ,a bitcoin atm near me , bitcoin machine ,a bitcoin wallet ,a bitcoin machine near me ,a bitcoin to naira , a bitcoin to dollar , a bitcoin miner ,a bitcoin address , bitcoin billionaires , bitcoin block explorer , bitcoin buy , bitcoin blockchain , bitcoin bsv , bitcoin bank , bitcoin bubble , bitcoin buy or sell ,bitcoin bloomberg , bitcoin blast ,b bitcoin symbol ,bitcoin code ,b bitcoin price ,bitcoin b text , bitcoin b font , bitcoin b wave ,bitcoin b logo ,bitcoin b unicode , bitcoin b letter ,bitcointool.b ,bitcoin cash news , bitcoin crash ,bitcoin current price , bitcoin core , bitcoin cash halving , bitcoin cost , c bitcoin miner , c bitcoin library ,bitcoin c'mon do something , bitcoin c code ,bitcointicker. c bitcoin c github , bitcoin c implementation , bitcointalk c-note , c-cex itcointalk , bitcoin definition ,bitcoin dominance , bitcoin drop , bitcoin diamond ,bitcoin difficulty , bitcoin debit card ,bitcoin dollar ,bitcoin depot , bitcoin documentary ,bitcoin down , bitcoin d.a.v.e, bitcoins d. lynnwood , bitcoin d day , bitcoin d , d konnect bitcoin , d-wave bitcoin mining , the d bitcoin atm, schedule d bitcoin , bitcoin macd , d lynnwood bitcoins , bitcoin explorer, bitcoin exchange rate ,bitcoin explained ,bitcoin ethereum , bitcoin emoji , bitcoin escape from tarkov ,bitcoin energy consumption, bitcoin evolution ,e bitcoin wallet ,e bitcoin cash , e bitcoin kurs , e bitcoin euro, bitcoin e.g. crossword clue ,bitcoin e wallet login , bitcoin e wallet app , bitcoin e commerce ,bitcoin e wallet malaysia ,bitcoin e blockchain , bitcoin futures ,bitcoin farm tarkov, bitcoin around pretoria ,bitcoin around the world documentary ,bitcoin around the , bitcoin atm around me ,bitcoin machine around me , bitcoin legality around the world , bitcoin atm around the world , bitcoin price around the world , bitcoin as an investment , stock exchange about , stock market about to crash , stock market about ,stock market about to crash 2019 , stock market about to crash 2018, stock exchange on wall street , house flip on android , flip house before after , house flip before and after photos , house after flip ,flip house with chip and jo ,flip at house, stock market about in hindi , stock exchange on wikipedia , stock market about to drop, stock market about to collapse, stock exchange across the world ,stock market across the world, stock exchange after hours ,stock exchange after election , stock exchange after brexit , stock exchange after budget, bitcoin as a currency ,bitcoin as property ,bitcoin as money , bitcoin as a unit of account, bitcoin as a store of value, bitcoin as a safe haven ,bitcoin as a gift, bitcoin as a medium of exchange ,bitcoin as digital gold , bitcoin at its highest , bitcoin atm near me, bitcoin atm uk , stock exchange australia , stock exchange australian , stock market Australia, stock market australian , stock exchange d , stock market d, stock exchange cote d'ivoire, IQ stock broker is among the stock exchange kuwait listed companies , stock exchange market kuwait, stock exchange معنى ,stock exchange pakistan ,stock exchange online, bitcoin شرح , bitcoin system ,bitcoin to kwd house after flip ,flip house with chip and jo ,flip at house, , bitcoin atm London, bitcoin atm machine, bitcoin atm glasgow , bitcoin atm manchester , bitcoin atm fees , bitcoin atm edinburgh , bitcoin atm liverpool ,bitcoin before halving ,bitcoin before and after , bitcoin before and now , bitcoin before 2009 , bitcoin before ,bitcoin before blockchain , bitcoin before recession , before bitcoin there was ,bitcoin price before halving ,bitcoin price before 5 years , bitcoin behind , bitcoin behind the scenes , bitcoin behind tor ,bitcoin behind proxy ,bitcoin behind technology , blockchain beyond bitcoin , bitcoin node behind nat ,bitcoin cash behind the scenes , bitcoin idea behind ,bitcoin year behind , bitcoin below 7000 ,bitcoin below 9000 , bitcoin below 8000 ,bitcoin below 4000 , bitcoin below 5000 bitcoin below 3000 , and bitcoin App. “IQ Stock Broker” stands out as a one of the leaders in the industry, and here’s why: Our trading platform is 100% web based and thus you won’t have to download any software. This makes it easy to trade from anywhere… at any time. You don’t need to have any previous trading experience to get going. It is as easy as 1-2-3. The interface is remarkably user friendly. We have worked hard to ensure processes are fast and intuitive. Using our platform, customers can trade on options such as currencies, indices, stocks and commodities round the clock. We provide the most flexible pricing and the most suitable options on the market among all the Forex & Bitcoin companies in USA. Our objective is to make the trading process as simple and profitable as possible for all level of trader. Our team consists experienced professionals with backgrounds in binary trading, derivatives, risk management, payment processing as well as international laws and legislation. Contact us for Bitcoin, Cryptocurrency, forex, make money, online trade, stock exchange. IQ stock broker is listed in American Stock Exchange.
https://iqstockbroker.com
Register with us here https://iqstockbroker.com/register
then login here https://iqstockbroker.com/login
submitted by IQstockbroker to u/IQstockbroker [link] [comments]

What T4B, RoboForex & other brokers bring to the table + why im still bullish af going forward for GVT

Pretty lengthy reply so thought id reply with a new thread for visibility:
@koalaindisguise -> ''Before the project launch, partnership with these forex companies was announced with a big hype. They were not US/UK financial institutions but at least they were companies with legal entities.
I was thinking/hoping that we would be able to entrust our tokens to professional brokers working under these companies. In the end, we have to deal with noname finance gurus on the internet who wants to gamble other people's savings with 50% success fee.
We are just slowly bleeding out one way or the other. I don't think US adoption will turn the table because of tokenomics.''
Before i start:
  • You talk about dealing with some noname finance gurus on the internet, and you would quite happily entrust your tokens to a 'professional broker'. This is the problem with the current industry. There is no transparency. You are entrusting your tokens blindly and you have no idea how your funds are actually being managed nor past performance of these brokers. Genesis Vision gives you the freedom to diversify your investments across multiple different managers, brokers, account types (forex/crypto/stocks) as well as GV Funds & even copytrading soon. With all past and real time results on display.
  • Some of these noname finance gurus might actually be pretty poor traders, in which case they will drop to the bottom of the pile and their trading history open for all to see. There are some good traders too, following all available investment advice would see you wait to make an investment in the right manager based on their program metrics.
  • TLDR - There are good eggs and there are bad eggs, blame the manager for their bad trades, not the platform. Also remember it was your choice to invest in that manager and all the metrics were available for you to view before you did.
Back to your question regarding partnerships:
Tools4Brokers:
  • T4B engage in technological maintenance and software development for brokerage companies, mainly in forex markets.
  • T4B provides solutions to over 250 companies from thirty different countrys
  • Aleksey Kutsenko CEO of Tools For Brokers is the co-founder & CBDO of Genesis Vision
  • Aleksey is responsible for the implementation strategy of the Genesis Vision platform in the Forex industry
  • T4B supply Genesis Vision with ready codebase solutions.
  • A few details on Alekseys background -> https://blog.genesis.vision/genesis-vision-development-plans-for-2018-from-our-cbdo-alexey-kutsenko-c9aa484bb714
IMO this is a very valuable partnership to have. T4B already had an existing portfolio of brokers prior to the release of the GVT platform. This will have proved greatly beneficial in relation to B2B networking for Genesis Vision, not to mention any techical knowledge and business advice T4B will have bought to the table. Going forward im sure this would continue to be greatly beneficial.
RoboForex:
  • RoboForex supports a roster of approximately 9400 assets from eight different categories, those being forex, stocks, indices, ETFs, commodities, metals, energies and even cryptocurrencies with liquidity for them provided by eight separate liquidity providers.
  • Genesis Vision managers have a “pro standard” account type, meaning that they have access to 36 currency pairs, metals, CFDs and cryptocurrencies.
  • GV Managers can trade with a leverage of up to 1:100
The RoboForex broker is just another broker to add to the list of tools and markets available for GV managers to trade on. I have not personally traded on RoboForex so cannot offer an opinion on how good of a broker they are, but at current they just add an addition choice for trading in the GV ecosystem.
This goes for other Crypto/Forex brokers that will arrive in the platform shortly and are currently integrated. With more and more tools and opportunites becoming available for both the current and future GV managers, the higher chances of creating a successful happy manager
MY reasons for continuing to be bullish on GVT
  • The team continue to focus on development that attracts more managers and investors to the platform (Okex, Huobi, Exante, Chinese translation, Copytrading etc.)
  • Im not saying every manager will be profitable, far from it, but more managers = more profits that flow through to buy pressure on GVT.
  • A new leveling system is being developed that rewards managers based on individual performance rather than creating competition between one another
  • Funds are extremely underrated
  • Some did not agree, but the addition of the multicurrency wallet was the BEST step to take. This will allow for further adoption of the platform and growth in the long run, some of you have seen this as a negative step because you are under the impression it has caused the price in sats to go down. I would like to see more assets added to the multicurrency wallet, not less.
  • The token has solid use cases & if you see the latest AMA their are discussions for additional use cases. These usecases scale heavily with adoption.
I check their Github daily. They are building out this platform making more tools and brokers available, which will only lead to increased adoption by Crypto/Forex Managers & Investors.
Then the marketing comes after the development is complete and the platform is perfected
  • We will see hundreds and in time thousands of managers longer term. If we take a conservative guess and say 20% of these managers are making profit, all this profit will flow through the GVT token. There is now only buy pressure on the token, the sell pressure was removed with the addition of the multicurrency wallet.
  • Some of you have previously said 'Well wont the investor just sell their profits distributed in GVT?'. Of course they can, if they choose too. But alternatively they can also hold GVT for reduced trading fees, reinvest their GVT to another program, invest in a GV Fund, subscribe to a copy trader using GVT as the subscription fee. The latter again, positively effects the Genesis Vision Token.
Heres my other reasons (Yes i've been watching GVT a long time):
submitted by elcryptonerd to genesisvision [link] [comments]

Forex Online Brokers -Get The Help You Need To Succeed In The Forex Market

Currency trading offers an opportunity for additional revenue. If you plan to try it, you need to learn the basics of currency trading. While there is much more to be learned from what you can expect as a beginner, the fact is that you can learn. Once you've decided to try the Forex trading, the first step is to choose from the top 10 forex brokers. There are several aspects to order, such as the trading platform, deposit and withdrawal options, account options, intervals and fees, minimum deposit, and customer service, among other things, when choosing a Forex broker. For your convenience, we have evaluated several top Forex brokers; you can choose the one that best suits your needs.
When you visit the Forex Broker website, you will be offered a welcome offer as an additional incentive to sign up as a new buyer to this site and then proceed with the payment. In this way, you can make a more balanced decision about claiming such a bonus
Here is the forex brokers list to decide and select the best one that suits your trade needs
FBS Forex Brokers
FBS is an international Forex broker present in more than 120 countries. The company has over 2,000,000 merchants (customers) and 130,000 partners through online money. For every trader, the broker provides accounts without Islamic or swaps accounts.
XM.com Forex Brokers
XM.com, the business name of Trading Point Holdings Ltd, operated and owned by Trading Point of Financial Instruments Ltd. It is also a great exchange broker registered in the European Union. XM is based in Limassol, Cyprus.
PeppeerStone Forex Brokers
Pepperstone, Forex broker for execution purposes offers trading solutions tailored to experienced beginners and traders. PeppeerStone was established in 2010; the company is headquartered in Melbourne, Australia. The company also has offices in some part of the world.
Tickill Forex Brokers
Tickmill is also one of the top 10 forex brokers owned and operate by Tickmill Limited, a company that is incorporated in Wales and England. Tickmill is under the regulatory control of the Seychelles Financial Services Agency and the UK Financial Services Agency.
Ava Trade Forex Brokers
AvaTrade, a pioneer in the field of online currency trading since 2006, was created to provide excellent online trading to retailers. In no time, AvaTrade had more than 20,000 registered clients that completed more than 2,000,000 transactions in one month worldwide. The total value of operations exceeds $ 80 billion in one month.
EToro Forex Brokers
EToro, an online Forex exchange broker, offers currency, commodity index, and CFD services. More than 4.5 million users from more than 170 countries use the Forex broker's website. It was found in 2006 in Tel Aviv, and the multi-asset brokerage has offices in many countries. One of the key features of eToro is its social investment platform with its great function.
HotForex Forex Brokers
To meet the requirements and needs of many operators, HotForex offers different types of Forex trading accounts. Each of these types of accounts has different and competing business accounts and can be opened with as little as $ 5. In addition to regular accounts, HotForex also offers a Zero account, a VIP account, and a Currenex account. There is also a social account through which marketers can interact with other retailers to discuss news and different strategies.
HotForex offers a wide range of educational tools and technical analysis to help customers benefit from their activities. The broker also provides new news at regular intervals. Generally, this Forex broker can test anyone who wants to get information and news about currency trading in a clear and organized way.
submitted by forexnearme to u/forexnearme [link] [comments]

10 Blockchain Companies To Watch In Asia

10 Blockchain Companies To Watch In Asia

https://preview.redd.it/bjix9mvdw2m31.png?width=864&format=png&auto=webp&s=0c7b463f7bcf30dfe1bff31aa70b33ca6e002e8f
Article by Forbes: Joresa Blount
In 2018, Asia was one of the leading regions in terms of growth of blockchain jobs, cryptocurrency usage, innovation, and general openness. Despite some early woes with China banning ICOs, China still produces nearly 70% of crypto mining activity.
For users and entrepreneurs, the Asian ecosystem is in general a friendly one. For example, in Singapore Bitcoin is taxed as a good rather than a currency, setting a 7% flat tax for trades or purchases using Bitcoin. In Japan, messenger giant, LINE, was just granted a crypto exchange license from the Japanese financial regulator. In Korea, news just broke that the country’s largest entertainment company would be launching its own token.
Besides the name brand companies that are exploring crypto solutions, there are hundreds of innovative startups and founders looking to radically disrupt their respective industries with blockchain technology. This list contains ten innovative blockchain startups based in Asia worth watching, including exchanges, fintech startups, and more.
Today In: Innovation
1. Level01
Level01 is the world’s first broker less derivatives exchange in collaboration with Thomson Reuters. Through using blockchain technology, the platform eliminates middlemen while providing a decentralized trading experience. Users can trade derivatives and options in forex, cryptocurrencies, commodities, stocks and indices, all from the Level01 platform and app.
Level01 does this by using Distributed Ledger Technology (DLT) for transparent and automated trade settlement on the blockchain, with their unique Artificial Intelligence (AI) analytics called Fairsense that provides fair value pricing dynamically to counterparties in a trade, based on current and retrospective market data from Thomson Reuters. The platform and app are currently undergoing stringent beta testing by 50 experienced traders.
2. Galaxy Pool
Galaxy Pool, also known as GPO, is a brand-new asset issuance style on blockchain that utilizes intelligent contracts for initial digital asset issuance. In general, GPO assets can be best described as mining machines used to explore various kinds of digital assets that can obtain value-added benefits of GPO through the repurchase and destruction of pond profits.
With this brand-new asset issuance style on blockchain, more humanistic investment opportunities with free withdrawal rights can be provided to investors.
3. Biki
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 220 trading pairs. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2000 community partners and 200,000 community members in under a year.
BiKi’s competitive advantages include helping projects with marketing, influencers, brand awareness, and community growth in the Chinese markets and abroad. With a global approach, BiKi also helps Chinese companies go global and international companies penetrate Chinese markets.
4. Whitebit
With a global team of over 100 people, Whitebit is a professional digital asset trading platform that services most major Asian markets via a European license. The exchange holds 95% of user funds in cold wallets and offers users an intuitive user interface with real-time orderbooks, charting and technical analysis tools, and automation features. Whitebit’s major competitive advantage is processing speeds of up to 10,000 trades every second and 1,000,000 TCP connections.
Whitebit has also announced the release of S.M.A.R.T. Box, a program that allows users to budget and allocate funds based on unique plans with varying durations and interest rates. Next is the launch of margin trading in Q4 2020, as well as mobile iOS and Android apps and an eventual US license.
5. Opu Labs
Opu Labs is creating the self-care business model of the future starting with the skincare space. There are over 1.2 billion online skincare consumers with a $3 billion digital services business. Opu Labs helps make the decision-making process easier by offering free advice powered by AI, rewarding users for their purchase data using blockchain technology, and using robust technologies to connect brands and consumers.
Under the leadership of CEO Marc Bookman, Opu Labs was named in the top 25 healthcare solutions by CIO Applications and won the start-up GrandSlam in Singapore. To date, $2m in rewards have been earned on the platform and the company will be releasing their long-awaited apps soon.
6. Coinsbit.io
Thanks to his vast expertise, experience, and sense of the market, Nikolay Udianskyi created a high-quality crypto exchange called Coinsbit.io. Now leading the Asian crypto market, Coinsbit was named the best 2018 crypto exchange at Asian Blockchain Life 2019.
Coinsbit is planning to further distinguish itself from the competition through a series of novel functions. Among its plans is a P2P microfinancing lending service that will enable users to borrow and lend money on the platform. Coinsbit will ensure privacy for all users and will not require borrowers to show their credit history. An additional planned feature is an invest box service, which will reward users who deposit cryptocurrency by paying them interest on various coins.
7. GST Coin
GST is a comprehensive digital application platform which integrates encrypted payment currency, blockchain and artificial intelligence technology. It is dedicated to providing the most valuable intelligent digital asset service for every user and creating a new GST digital public chain in a diversified market structure. GST project is committed to using the most advanced technology to create the most perfect user experience, and it has always been in the forefront of the market in the decentralized security sharing architecture.
GST was born out of MHC Asset Management Corporation, a high-tech enterprise engaged in R&D and innovation of blockchain technology. Their executive team includes CEO Ms. Zhang Qun and other leading technologists and entrepreneurs in China.
8. Columbu
Columbu (CAT) is a global community-based open-source blockchain project that has been active since 2017. Under CTO David Su, CAT’s main focus is building a high-performance DAPP development platform and community encouraging and autonomous system based on software and hardware combined GCloud Everest computing platform. This is the world’s first public blockchain (distributed cloud) using CUDA and blockchain technology.
The project will allow for a worldwide distributed and free economic collaborative network of intelligent economies. This will happen through a community incentive mechanism and autonomous system to build in real-time. The project has an ambitious roadmap that will include growing its global developer community and other projects within their ecosystem.
9. KBC
Registered in Singapore, KBC is the powering token of a global financial infrastructure and range of products focused around gold. These products include an innovative Voice-over-Blockchain smartphone called IMpulse K1, a crypto payment merchant processor called K-Merchant, and a cryptocurrency exchange and trading platform. Together these products and entities combine to form the Gold Imperium, the company’s financial ecosystem.
The company has attracted heavy interest from users who have seen the benefits of having both gold and cryptocurrency exposure, as well as the ease of use of being able to use each day to day through tokens such as KBC. As both markets expand, keep an eye on KBC.
10. TEXCENT
TEXCENT is a Singaporean blockchain and fintech startup focused on fully-integrated solutions for remittance, payments, and microfinancing. Using blockchain technology, the company wants to provide seamless and convenient digital financial services solutions to Asia and the world. TEXCENT is currently focusing on the Philippines, Vietnam, Thailand as these markets will grow exponentially in the next 5 years.
Their current products include PAYCENT, an app and hybrid wallet, as well as TEXCENT, a remittance solution with zero fees. TEXCENT has already acquired a remittance license from the Monetary Authority of Singapore (MAS) and is in the process of getting similar licenses for UK, Malaysia and Hong Kong in the coming months. The company is also a member of the Singapore Fintech Association.
submitted by GTE_IO to u/GTE_IO [link] [comments]

Bitcoin binary options trading.

Bitcoin binary options trading.

https://preview.redd.it/22hz7zkghsl31.jpg?width=1280&format=pjpg&auto=webp&s=8518d5176a6d122780fb762da4ac050474c0f0ec
on the Anyoption website. For this, all information can be found on the platform in the information section. A demo account can be used to assess whether trading strategies are profitable in terms of earnings without committing funds. Anyoption offers to trade on a hundred stock market assets commodity, Forex, indices, stocks.The trading of Tweeter and Facebook assets on Anyoption offers big returns on investment.Anyoption is constantly evolving, it is allowed to make binary options trading on values ​​that generate big profits like Facebook and Tweeter. Facebook shares went public with a value of $ 38, its listing for a year has risen to reach a rating that exceeds $ 50. Tweeter is a promising value for the future with an introductory quote at $ 26, shes quoted above $ 46. Both stocks are a boon to traders looking to make big profits on their investment. On Facebook, Anyoption offers profits of 300%.Trading Bitcoin binary option with Anyoption and make big profits.Bitcoin made its IPO in 2009, it has the distinction of being completely anonymous. A Bitcoin is not palpable, it is a virtual currency, it can be exchanged exclusively on the Net in exchange for a currency (USD, EURO ...). In 2012 Bitcoin had a value of $ 5 to reach in late 2013 240 times its value is $ 1200.This is certainly the value that offers the biggest profit that can reach 190% with Anyoption. Bitcoin trading is in US Dollar, the trading approach is the same as for other options. Just determine if the Bitcoin will go up or down in a certain time. It is done with One Touch binary options. The High / Low and Rang options are not available.Broker recommended for trading binary options:
submitted by onepiece1991 to u/onepiece1991 [link] [comments]

Learn about the Forex Trading Tips and Techniques

Learn about the Forex Trading Tips and Techniques
Successful trading is all about sticking to the game plan and making sensible, rational investment decisions. A substantial part of that comes down to being assured that you are trading with your head rather than your heart, and that you are following the strict list of do’s and don’t we’ve set out for you below. The world of Forex trading UK can be a little overwhelming, especially if you are new to the game, and don't know the rules yet. You need to dip your toes in before you go any deeper.

https://preview.redd.it/lbr6zowwrfd31.jpg?width=671&format=pjpg&auto=webp&s=49a587aaff152d4152c3e0fa9c4d6e470fa11c0d
The Tips and Techniques for a Forex Trading are :
  1. Choose your Broker wisely
  2. Create your own strategy
  3. Learn Step by Step
  4. Stress Less
  5. Practice makes Perfect
  6. No Risk, No Success
  7. Patience is a Virtue
  8. Continue to the Education
  9. Trends are Good For You
  10. Plan of Trading in Advance
  11. Know about the charts
  12. Analyses your Trades
  13. Plan your Goals
  14. Pick You Account carefully
  15. Focus on Single Currency Pair
  16. Automate your Trading
Don't let Forex currency trading frighten you into giving up, when it feels like the odds are against you. Instead, try to remember that Forex success is based on a mixture of preparation and stubbornness.
submitted by topinvesto to u/topinvesto [link] [comments]

financial advisory full definition

The financial advisory full definition

A Monetary Advisor's Many Roles

A monetary advisor is your planning associate. To illustrate you need to retire in 20 years or ship your youngster to a non-public college in 10 years. To perform your objectives, it's possible you'll want a skilled professional to assist make these plans an actuality, and that’s the place a monetary advisor is available in.
Collectively, you and your advisor will cowl many subjects, together with the amount of cash you need to save, the sorts of accounts you want, the sorts of insurance coverage you need to have (together with long-term care, time period life, and incapacity) and property and tax planning.
The monetary advisor can be an educator. A part of the advisor's job is that will help you perceive what's concerned in assembly your future objectives. The schooling course of could embrace detailed assist with monetary subjects. At first of your relationship, these subjects could possibly be budgeting and saving. As you advance in your data, the advisor will help you in understanding advanced funding, insurance coverage, and tax issues.
The 1st step within the monetary advisory course is knowing your financial health. You'll be able to correctly plan for the long run without understanding the place you stand immediately. Sometimes, you can be requested to finish an in-depth written questionnaire. Your solutions assist the advisor to perceive your state of affairs and make sure you do not overlook any essential data.
download free forex indicators.

The Monetary Questionnaire

The advisor works with you to get an entire image of your property, liabilities, revenue, and bills. On the questionnaire, additionally, you will point out future pensions and revenue sources, venture retirement wants and describes any long-term monetary obligations. In brief, you’ll checklist all present and anticipated investments, pensions, items and sources of revenue.
The investing element of the questionnaire touches upon extra subjective subjects, reminiscent of your risk tolerance and risk capacity. An understanding of threat assists the advisor when it’s time to find out your funding asset allocation. You may let the advisor know your funding preferences as nicely.
The preliminary evaluation additionally contains an examination of different monetary administration subjects reminiscent of insurance coverage points and your tax state of affairs. The advisor wants to pay attention to your present estate plan (or lack thereof) in addition to different professionals in your planning group, reminiscent of accountants and legal professionals. When you and the advisor perceive your current monetary place and future projections, you’re able to work collectively on a plan to fulfil your life and monetary objectives.

Creating The Monetary Plan

The monetary advisor synthesizes all of this preliminary data right into a comprehensive financial plan that may function a roadmap to your monetary future. It begins with an abstract of the important thing findings out of your preliminary questionnaire and summarizes your present monetary state of affairs, together with internet price, property, liabilities, and liquid or working capital. The monetary plan additionally recaps the objectives you and the advisor mentioned.
The evaluation part of this prolonged doc drills down into a number of subjects, together with your threat tolerance, estate-planning particulars, household state of affairs, long-term care risk, and different pertinent current and future monetary points.
Primarily based upon your anticipated internet price and future revenue at retirement, the plan will create simulations of doubtless best- and worst-case retirement eventualities, together with the scary risk of outliving your cash, so steps may be taken to forestall that end result. It's going to have a look at cheap withdrawal charges in retirement out of your portfolio property. Moreover, if you're married or in a long-term partnership, the plan will contemplate survivorship points and monetary eventualities for the surviving associate.
After you assessment the plan with the advisor and modify it as mandatory, you’re prepared for motion.

Advisors Plan Motion Steps

A monetary advisor is not only somebody who helps with investments. Their job is that will help you with each facet of your monetary life. In truth, you may work with a monetary advisor without having them handle your portfolio or advocate investments in any respect.
For many individuals, nevertheless, funding recommendation is a significant purpose to work with a monetary advisor. If you happen to select this route, right here’s what to anticipate.
The advisor will arrange an asset allocation that matches each your threat tolerance and threat capability. The asset allocation is solely a rubric to find out what proportion of your complete monetary portfolio might be distributed throughout varied asset lessons. An extra risk-averse particular person can have a better focus of presidency bonds, certificates of deposit and cash market holdings, whereas a person who's extra snug with the threat will tackle extra shares and company bonds and maybe funding actual property. Your asset allocation might be adjusted to your age and for a way lengthy you could have earlier than retirement. Every monetary advisory agency will act in accordance with the regulation and with its firm funding coverage when shopping for and promoting the monetary property.

Monetary Advisors and Investments

It’s essential for you, as the buyer, to grasp what your planner recommends and why. You shouldn't blindly comply with an advisor’s suggestions; it’s your cash, and you need to perceive the way it’s being deployed. Preserve an in-depth eye on the charges you're paying, each to your advisor and for any funds purchased for you.
Ask your advisor why they advocate particular investments and whether or not they're receiving a fee for promoting you these investments. Be alert for potential conflicts of interest.
A commonality amongst corporations is that monetary merchandise is chosen to suit the shopper’s threat profile. Take, for instance, a 50-year-old man who’s already amassed sufficient internet price for retirement and is predominantly fascinated with capital preservation. He could have a really conservative asset allocation of 45% in inventory property (which can embrace particular person shares, mutual funds and/or ETFs) and 55% in fixed-income assets reminiscent of bonds. Alternatively, a 40-year-old girl with a smaller internet price and a willingness to tackle extra threat to construct up her monetary portfolio could go for an asset allocation of 70% inventory property, 25% fixed-income property and 5% alternative investments.
Whereas bearing in mind the agency’s funding philosophy, your private portfolio will suit yours wants primarily based on how quickly you want the cash, your investment horizon, and your current and future objectives.

Common Monetary Monitoring

As soon as your funding plan is in place, you’ll obtain common statements out of your advisor updating you in your portfolio. The advisor can even arrange common conferences to assessment your objectives and progress and to reply to any questions you could have. Assembly remotely by way of cellphone or video chat will help make these contacts occur extra typically.
Along with common, ongoing conferences, it’s essential to seek the advice of together with your monetary advisor once you anticipate a significant change in your life that might impact your financial picture, reminiscent of getting married or divorced, including a toddler to your loved ones, shopping for or promoting a house, altering jobs or getting promoted.

Indicators You Might Want an Advisor

Anybody can work with a monetary advisor at any age and any stage of life. You don’t should have an excessive internet price; you simply have to seek out an advisor suited to your situation.
The choice to enlist skilled assist together with your cash is an extremely private one, however, any time you’re feeling overwhelmed, confused, wired or scared by your monetary state of affairs could also be a very good time to search for a monetary advisor.
It’s additionally advantageous to strategy one once you’re coming from a place of energy however need somebody to make sure that you’re heading in the right direction and recommend potential enhancements to your plan which may make it easier to obtain your objectives extra successfully.
Lastly, should you don’t have the time or curiosity to handle your funds, that’s one other good purpose to rent a monetary advisor.
These are some basic causes you would possibly want an advisor’s skilled assist. Listed below are some extra particular ones.

None of Your Financial savings Is Invested or You Don’t Know How you can Make investments

As a result of we dwell in a world of inflation, any cash you retain in money or in a low-interest account declines in worth annually. Investing is the one technique to make your cash develop, and until you could have exceptionally excessive revenue, investing is the one approach most individuals will ever come up with the money to retire.

You Have Investments, however, You’re Constantly Dropping Cash

Even the perfect buyers lose cash when the market is down or once they decide that doesn’t prove as they’d hoped, however general, investing ought to improve your internet price significantly. If it’s not doing that, hiring a monetary advisor will help you discover out what you’re doing incorrect and proper your course earlier than it’s too late.

You Don’t Have a Present Property Plan

A monetary advisor may make it easier to put collectively a property plan to ensure your property are dealt with in response to your needs after you die. And should you aren’t correctly insured (or aren’t positive what insurance coverage you want), a monetary advisor will help with that, too. Certainly, a fee-only monetary advisor could possibly supply a much less biased opinion than an insurance coverage agent can.

Serving to You Attain Your Objectives

Monetary advisors can help you with investing and reaching your long-term objectives in so some ways. Listed below are 5:
  1. Experience. Monetary advisors know extra about investing and managing cash than most individuals. They'll information you to higher selections than you would possibly make by yourself.
  2. Accountability. Monetary advisors assist hold you on the monitor by speaking you out of constructing emotional choices about your cash, like shopping for an inventory that’s been skyrocketing or promoting all of your inventory funds when the market plummets.
  3. Recommendation. It’s within the title: Monetary advisors could make strategies about the perfect methods to implement to enhance your funds, from what to investments to make to what insurance coverage to purchase.
  4. Evolution. As your life circumstances change, a monetary advisor will help you modify your monetary plan in order that it at all times suits your present state of affairs.
  5. Motion. Many individuals don’t take the steps they need to handle their funds as a result of they’re too busy or too unsure about what to do. Working with a monetary advisor means another person can deal with what you don’t have time for and ensure your cash is being deployed in one of the simplest ways.

The Prices of a Monetary Advisor

A rule proposed by the Division of Labor (DOL) would have required all monetary professionals who work with retirement plans or give retirement plan recommendation to supply recommendation that's within the shopper’s greatest curiosity (the fiduciary standard), versus merely appropriate for the shopper (the suitability standard). The rule was handed, its implementation was delayed after which a courtroom killed it.
However within the roughly three-year interval between President Obama's proposal of the rule and its eventual demise, the media shed extra mild than it had beforehand on the other ways monetary advisors work, how they cost for his or her companies and the way the suitability commonplace may be much less useful to shoppers than the fiduciary commonplace. Some monetary advisors determined to voluntarily transfer to a fiduciary commonplace or extra closely promote that they already operated underneath that commonplace. Others, reminiscent of licensed monetary planners™, already adhered to this commonplace. However, even underneath the DOL rule, the fiduciary standard wouldn't have utilized to the non-retirement recommendation – an ordinary certain to trigger confusion.
Below the suitability commonplace, monetary advisors work on a fee for the merchandise they promote to shoppers. This implies the shopper could by no means obtain an invoice from the monetary advisor. Then again, they might find yourself with monetary merchandise that charger greater charges than others available on the market – however, pay the advisor an excessive fee for placing shoppers into them.
Below the fiduciary commonplace, advisors cost shoppers by the hour or as a proportion of the property underneath administration. A typical proportion charge is 1%, whereas a typical hourly fee for monetary recommendation ranges from $120 to $300. Charges range by location and the advisor’s expertise. Some advisors could supply decrease charges to assist shoppers who're simply getting began with monetary planning and mightn't afford a lot. A preliminary session is commonly free and supplies an opportunity for each the shopper and the advisor to see in the event that they’re a very good match for one another.
Financial advisors can also earn a mixture of charges and commissions. A fee-based monetary advisor is not the same as a fee-only financial advisor. A fee-based advisor could earn a charge for growing a monetary plan for you, however nonetheless earn a fee for promoting you a sure insurance coverage product or funding. A fee-only monetary advisor earns no commissions.
The Securities and Alternate Fee proposed its personal fiduciary rule referred to as Regulation Best Interest in April 2018. In some methods, it will be much less strict than the DOL’s fiduciary rule would have been, doubtlessly addressing the considerations of a number of the DOL rule’s critics. In one other approach, it will be broader: It might not be restricted to retirement investments.

Contemplating a Robo-Advisor

A digital monetary advisor, or robot-advisor, is an organization that makes use of pc algorithms to handle your cash primarily based in your solutions to questions on your objectives and threat tolerance. Robo-advisors don’t require you to have a lot of cash to get began they usually price lower than human monetary advisors. Examples embrace Betterment and Wealthfront. These companies can save you time and take the emotion out of investing.
However, a robust-advisor can’t communicate with you about one of the simplest ways to get out of debt or fund your youngster’s schooling. It can also speak you out of promoting your investments out of concern when you have to be holding on to them for the long term. Nor can it make it easier to construct and handle a portfolio of particular person shares. Robo-advisors usually make investments shoppers’ cash in a portfolio of ETFs and mutual funds that present inventory and bond publicity and monitor a market index. And if in case you have a posh property or tax problem, you want the extremely personalised recommendation that solely a human can supply (for now, anyway).
Some corporations, nevertheless, mix digitally managed portfolio funding with the choice for human interplay – at an extra price. One such service is Personal Capital. Some individuals name these companies digital advisors as a result of interactions occur by cellphone or video chat as an alternative of an individual; others use the phrases “robot-advisor” and “digital advisor” synonymously.

What's a Monetary Advisor

A monetary advisor supplies monetary recommendation or steerage to clients for compensation. Monetary advisors, or advisers, can present many various companies, reminiscent of funding administration, revenue tax preparation and estate planning. They have to carry the Series 65 license to conduct enterprise with the general public; all kinds of licenses can be found for the companies offered by a monetary advisor.

BREAKING DOWN Monetary Advisor

"Monetary advisor" is a generic time period with no exact business definition, and plenty of various kinds of monetary professionals fall into this basic class. Stockbrokers, insurance coverage brokers, tax preparers, investment managers and monetary planners are all members of this group. Property planners and bankers can also fall underneath this umbrella.

Completely different Examples of Monetary Advisors

What could cross as a monetary advisor in some situations could also be a product salesperson, reminiscent of a stockbroker or a life insurance coverage agent. A real monetary advisor needs to be a well-educated, credentialed, skilled, monetary skilled who works on behalf of his shoppers versus serving the pursuits of a monetary establishment. Typically, a monetary advisor is an unbiased practitioner who operates in a fiduciary capability through which a shopper’s pursuits come earlier than his personal. Solely Registered Investment Advisors (RIA), who're ruled by the Investment Advisers Act of 1940, are held to a real fiduciary commonplace. There are some brokers and brokers who attempt to follow on this capability, nevertheless, their compensation construction is such that they're certain by the contracts of the businesses the place they work.

The Fiduciary Distinction

For the reason, that enactment of the Funding Adviser Act of 1940, two sorts of relationships has existed between monetary intermediaries and their shoppers. These are the “arms size” relationship that characterizes the transactions between registered representatives and shoppers within the broker-dealer area, and the fiduciary relationship that requires advisors registered with the Securities and Exchange Commission (SEC) as Registered Funding Advisors to train duties of loyalty, care and full disclosure of their interactions with shoppers. Whereas the previous is predicated on the precept of “caveat emptor” guided by self-governed guidelines of “suitability” and “reasonableness” in recommending a funding product or technique, the latter is grounded in federal legal guidelines that impose the best moral requirements. At its core, the fiduciary relationship depends on the need {that a} monetary advisor should act on behalf of a shopper in an approach the shopper would act for himself if he had the requisite data and abilities to take action.

What's a Monetary Adviser

A monetary adviser (or advisor) is knowledgeable who supplies monetary steerage to shoppers primarily based on their wants and objectives. Sometimes, they supply shoppers with monetary merchandise, companies, planning or recommendation associated with investing, retirement, insurance coverage, mortgages, school financial savings, property planning, taxes and extra. Another name for monetary adviser embraces "funding advisor" and "registered representative." Monetary advisers can be insurance coverage brokers, accountants or attorneys.

Breaking Down Monetary Adviser

A big problem to think about when evaluating a monetary adviser or deciding on what sort of adviser to me is how they're paid. Some monetary advisors are paid a flat charge for his or her recommendation and are thought-about fiduciaries, whereas others earn commissions from the merchandise they promote to their shoppers. Some advisors, reminiscent of within the case of a hybrid adviser or dually registered advisor, cost charges in addition to earning commissions relying on the product they're promoting or the service they're offering. Charge-only preparations are broadly thought-about to be higher for the shopper.
Monetary advisers are required to fulfil a fiduciary commonplace. In keeping with the Securities and Alternate Fee, advisers should:

How Monetary Advisors Are Compensated

The commonest approach advisers are paid is predicated on a proportion of complete property underneath advisory, normally about 1-2% (or decrease the bigger that sum will get). Some advisors are paid by way of commissions from insurance coverage or monetary merchandise they promote, although this could result in a battle of curiosity due to the motivation to advocate the perfect product commission-wise and never essentially the only option for the shopper. Such an individual is appearing as a salesman and should merely meet a suitability commonplace slightly than an extra-stringent fiduciary commonplace. Hybrid advisors, a fast-growing phase of the advisory enterprise due to its flexibility, are paid by way of fee for promoting some merchandise and likewise charges for companies and recommendation as a fiduciary. This association is also known as "fee-based" (versus "fee-only," which refers to a 100% fiduciary). Some advisers are paid by way of an hourly charge, or a flat charge for particular companies or tasks, or by way of every day (typically quarterly) retainer charge.

How you can Discover a Monetary Adviser

Except for asking family and friends for referrals, skilled organizations just like the Monetary Planning Affiliation (FPA) and the Nationwide Affiliation of Private Monetary Advisors (NAPFA) will help a person discover an adviser. When selecting a monetary adviser, it is essential to ask if they've any FINRA licenses or official credentials. Licensed Monetary Planner® (CFP®), chartered monetary analyst (CFA), chartered monetary guide (ChFC), and registered funding advisor (RIA) are good indicators of an adviser's {qualifications}.

How you can Change into a Monetary Adviser

Many international locations require people to finish coaching or receive a license to turn into a monetary advisor. In America, monetary advisors should carry a Sequence 65 or 66 licenses as stipulated by the Monetary Trade Regulatory Authority (FINRA). In keeping with FINRA, funding advisors, brokers, accountants, insurance coverage brokers and monetary planners can use the time period "monetary adviser." The North American Securities Directors Affiliation supplies a very good brief overview of financial adviser requirements.

Monetary Adviser vs. Advisor

Whereas 'adviser' spelt with an 'e' is the official spelling as per the Funding Advisers Act of 1940, 'advisor' with an 'o' is appropriate to confer with somebody who supplies recommendation. Nonetheless, when utilized in reference to the authorized designation 'adviser' needs to be used.

What Is a Fiduciary?

A fiduciary is an individual or group that acts on behalf of one other individual or individuals to handle the property. Primarily, a fiduciary owes to that different entity the duties of good faith and belief. The best-authorized obligation of 1 social gathering to a different, being a fiduciary requires being certain ethically to behave within the different's greatest pursuits.
A fiduciary may be answerable for basic well-being, however, typically the duty includes funds—managing the property of one other individual, or of a bunch of individuals, for instance. Cash managers, monetary advisors, bankers, accountants, executors, board members, and company officers all have fiduciary accountability.

Fiduciary Defined

A fiduciary's obligations or duties are each moral and authorized. When a celebration knowingly accepts the fiduciary duty on behalf of one other social gathering, they're required to behave in the perfect curiosity of the principal, the social gathering whose property they're managing. That is what is called a "prudent individual commonplace of care," an ordinary that initially stems from an 1830 courtroom ruling.
This formulation of the prudent-person rule required that an individual appearing as fiduciary was required to behave at the start with the wants of beneficiaries in thoughts.
The fiduciary is anticipated to handle the property for the advantage of the opposite individual, slightly than for their very own revenue, and can't profit personally from their administration of property.
Usually, no revenue is to be constituted of the connection until express consent is granted on the time the connection begins. For example, in the UK, fiduciaries can not revenue from their place, in response to an English Excessive Court docket ruling, Keech vs. Sandford (1726). If the principal supplies consent, then the fiduciary can hold no matter profit they've acquired; these advantages may be both financial or outlined extra broadly as an "alternative."
Fiduciary duties seem in all kinds of widespread enterprise relationships, together with:

Fiduciary Trustee/Beneficiary

Property preparations and applied trusts contain a trustee and a beneficiary. A person named as a belief or property trustee is the fiduciary, and the beneficiary is the principal. Below a trustee/beneficiary obligation, the fiduciary has authorized possession of the property or property and holds the ability essential to deal with property held within the title of the belief.
Nonetheless, the trustee should make choices which might be in the perfect curiosity of the beneficiary because the latter holds equitable title to the property. The trustee/beneficiary relationship is a crucial facet of complete property planning, and particular care needs to be taken to find out who's designated as trustee.
Politicians typically arrange blind trusts with the intention to keep away from conflict-of-interest scandals. A blind belief is a relationship through which a trustee is accountable for the funding of a beneficiary's corpus (property) without the beneficiary understanding how the corpus is being invested. Even whereas the beneficiary has no data, the trustee has a fiduciary obligation to speculate the corpus in response to the prudent individual commonplace of conduct.

KEY TAKEAWAYS

Board MembeShareholder

An identical fiduciary obligation may be held by company administrators, as they are often thought-about trustees for stockholders if on the board of a company, or trustees of depositors if service as director of a financial institution. Particular duties embrace:

The Obligation of Care

This is applicable to the best way the board makes choices that have an effect on the way forward for the enterprise. The board has the obligation to completely examine all potential choices and the way they could impression the enterprise; If the board is voting to elect a brand new CEO, for instance, the choice shouldn't be made primarily based solely on the board's data or opinion of 1 potential candidate; it's the board's accountability to analyze all viable candidates to make sure the perfect individual for the job is chosen.

The Obligation to Act in Good Religion

Even after it moderately investigates all of the choices earlier than it, the board has the accountability to decide on the choice it believes greatest serves the pursuits of the enterprise and its shareholders.

The Obligation of Loyalty

This implies the board is required to place no different causes, pursuits or affiliations above its allegiance to the corporate and the corporate's buyers. Board members should chorus from private or skilled dealings which may put their very own self-interest or that of one other individual or enterprise above the curiosity of the corporate.
If a member of a board of administrators is discovered to be in breach of their fiduciary obligation, they are often held liable in a courtroom of regulation by the corporate itself or its shareholders.

Fiduciary as ExecutoLegatee

Fiduciary actions may apply to particular or one-time transactions. For instance, a fiduciary deed is used to switch property rights in a sale when a fiduciary should act as an executor of the sale on behalf of the property proprietor. A fiduciary deed is helpful when a property proprietor needs to promote however is unable to deal with their affairs as a consequence of sickness, incompetence, or different circumstances, and wishes somebody to behave of their stead.
A fiduciary is required by regulation to confide in the potential purchaser the true situation of the property being offered, they usually can not obtain any monetary advantages from the sale. A fiduciary deed can be helpful when the property proprietor is deceased and their property is a part of a property that wants oversight or administration.

Guardian/Ward Fiduciary

Below a guardian/ward relationship, authorized guardianship of a minor is transferred to an appointed grownup. Because the fiduciary, the guardian is tasked with making certain the minor youngster or ward has acceptable care, which may embrace deciding the place the minor attends faculty, that the minor has appropriate medical care, that they're disciplined in an inexpensive method, and that their everyday welfare stays intact.
A guardian is appointed by the state courtroom when the pure guardian of a minor youngster just isn't capable of taking care of the kid any longer. In most states, a guardian/ward relationship stays intact until the minor youngster reaches the age of majority.

Legal professional/Consumer Fiduciary

The legal professional/shopper fiduciary relationship is arguably one of the stringent. The U.S. Supreme Court docket states that the best degree of belief and confidence should exist between a legal professional and shopper—and that a legal professional, as fiduciary, should act in full equity, loyalty, and constancy in every illustration of, and coping with, shoppers.
Attorneys are held accountable for breaches of their fiduciary duties by the shopper and are accountable to the courtroom through which that shopper is represented when a breach happens.

Fiduciary Principal/Agent

An extra generic instance of fiduciary obligation lies within the principal/agent relationship. Any particular person individual, company, partnership, or authorities company can act as a principal or agent so long as the individual or enterprise has the authorized capability to take action. Below a principal/agent obligation, an agent is legally appointed to behave on behalf of the principal without the battle of curiosity.
A standard instance of a principal/agent relationship that means fiduciary obligation is a bunch of shareholders as principals electing administration or C-suite people to behave as brokers. Equally, buyers act as principals when choosing funding fund managers as brokers to handle the property.

Funding Fiduciary

Whereas it might appear as if a funding fiduciary could be a monetary skilled (cash supervisor, banker, and so forth), a funding fiduciary is anyone who has the obligation for managing any person else's cash. Which means should you volunteered to take a seat on the funding committee of the board of your native charity or different group, you could have fiduciary accountability. You will have been positioned able of belief, and there could also be penalties for the betrayal of that belief.
Additionally, hiring a monetary or funding professional doesn't relieve the committee members of all of their duties. They nonetheless have an obligation to prudently choose and monitor the actions of the professional.

Suitability vs. Fiduciary Customary

In case your funding advisor is a Registered Investment Advisor, they share fiduciary accountability with the funding committee. Then again, a dealer, who works for a broker-dealer, could not. Some brokerage corporations don't need or permit their brokers to be fiduciaries.
Funding advisors, who're normally fee-based, are certain to a fiduciary commonplace that was established as a part of the Investment Advisers Act of 1940. They are often regulated by the SEC or state securities regulators. The act is fairly particular in defining what a fiduciary means, and it stipulates an obligation of loyalty and care, which implies that the advisor should put their shopper's pursuits above their very own.
For instance, the advisor can not purchase securities for his or her account prior to purchasing them for a shopper and is prohibited from making trades that will end in greater commissions for the advisor or their funding agency.
It additionally implies that the advisor should do their greatest to ensure funding recommendation is made utilizing correct and full data—principally, that the evaluation is thorough and as correct as potential. Avoiding conflicts of curiosity are essential when appearing as a fiduciary, and it implies that an advisor should disclose any potential conflicts to put the shopper's pursuits forward of the advisor's.
Moreover, the advisor wants to put trades underneath a "greatest execution" commonplace, that means that they have to try to commerce securities with the perfect mixture of low price and environment-friendly execution.

The Suitability Rule

Dealer-dealers, who are sometimes compensated by a fee, usually solely have to satisfy a suitability obligation. That is outlined as making suggestions which might be in keeping with the wants and preferences of the underlying buyer. Dealer-dealers are regulated by the Monetary Trade Regulatory Authority (FINRA) underneath requirements that require them to make appropriate suggestions to their shoppers.
As an alternative of getting to put their pursuits under that of the shopper, the suitability commonplace solely particulars that the broker-dealer has to moderately consider that any suggestions made are appropriate for the shopper when it comes to the shopper's monetary wants, aims, and distinctive circumstances. A key distinction when it comes to loyalty can be essential: A dealer's major obligation is to their employer, the broker-dealer for whom they work, to not their shoppers.
Different descriptions of suitability embrace ensuring transaction prices aren't extreme and that their suggestions aren't unsuitable for the shopper. Examples that will violate suitability embrace extreme buying and selling, churning the account merely to generate extra commissions, and often switching account property to generate transaction revenue for the broker-dealer.
Additionally, the necessity to disclose potential conflicts of curiosity just isn't as strict a requirement for brokers; funding solely must be appropriate, it would not essentially be in keeping with the person investor's aims and profile.

A broker-dealer follows the suitability commonplace: Funding selections have to be appropriate for the shopper, however, can nonetheless be extra helpful to the dealer than the easiest choice; the dealer's major accountability is to their agency, not their shopper.
The suitability commonplace can find yourself inflicting conflicts between a broker-dealer and shopper. The obvious battle has to do with compensation. Below a fiduciary commonplace, a funding advisor could be strictly prohibited from shopping for a mutual fund or different funding for a shopper as a result of it will garner the dealer the next charge or fee than a choice that will price the shopper much less—or yield extra for the shopper.
Below the suitability requirement, so long as the funding is appropriate for the shopper, it may be bought for the shopper. This could additionally incentivize brokers to promote their very own merchandise forward of competing for merchandise that will price much less.

The Brief-Lived Fiduciary Rule

Whereas the time period "suitability" was usual for transactional accounts or brokerage accounts, the Department of Labor Fiduciary Rule, proposed to toughen issues up for brokers. Anybody with retirement cash underneath administration, who made suggestions or solicitations for an IRA or different tax-advantaged retirement accounts, could be thought-about a fiduciary required to stick to that commonplace, slightly than to the suitability commonplace that was in any other case in impact.
The fiduciary rule had a protracted—and in the end unsuccessful—implementation. Initially proposed in 2010, it was scheduled to enter impact between April 10, 2017, and January 1, 2018. After President Trump took workplace it was postponed to June 9, 2017, together with a transition interval for sure exemptions extending via January 1, 2018.
Subsequently, implementation of all components of the rule was pushed again to July 1, 2019. Earlier than that would occur, the rule was vacated following a June 2018 decision by the Fifth U.S. Circuit Court.
submitted by Red-its to worldAds [link] [comments]

Hedging Forex Strategy



Once you have studied the Forex market, have opened up a demo Forex Millennium Review account to practice with, and feel ready to do so, you are ready to start trading on your own. Automated Forex trading puts you right in the flow of things, so that you can trade in an instant, based on trends you see and, therefore, work with the Forex market instead of against it; this is what is going to help you see greatest profits. And because you do not have to be right there all the time to make trades instantaneously but instead can schedule your trades based on trends you want to work with, automated Forex trading is a great way to participate in the market. Check automated Forex trading out for yourself and decide if it is right for you.


To trade forex you need to open an account with a forex broker. The global nature of forex markets means that you have a wide choice of forex brokers to choose from, right across the world.The forex trading business runs differently to equity broking, where trades are made through a clearing house and stock exchange and where money is made from fees for every trade, often referred to as the "brokerage".Forex brokers make their money from the difference between their quotes of the ask price, the price their customer buys at, and the bid price, the price their customer sell at. This is called the spread and is measured in "points" or "PIPs", the smallest measurement for a change in the price of a forex. For example, a one "point" or "PIP" change in the USD is 0.0001X the USD amount. Naturally, a wider spread results in more revenue for the broking firm.

To choose the right forex broker, you should start with considering its reputation and what trading services it offers. Doing your research thoroughly will take time, but as with trading itself, will save and make you money in the future. There is a wealth of information on-line and in magazines. It is important to be sure of the credibility of your information sources. Internet forums used by other forex traders can be very helpful in cutting through the claims of each company. By listening to people, forums and magazines that you trust, you can build a list of quality firms to choose form.

It is important to be aware of unscrupulous firms as well as those operating in countries where regulations are weak. The USA, UK, Hong Kong & Australia are example of countries with very strong regulatory great it would be to generate a 5 figure income just by trading in the Forex market. As a matter of fact, that would be a dream come true, wouldn't it Well, at forex trading machine, there is a revolutionary system that is helping a lot of people find the financial independence they need through Forex trading. They use a unique strategy called PDFT. This stands for Price Driven Forex Trading.


https://jrhonest.org/forex-millennium-review/
submitted by jaanavirosey to u/jaanavirosey [link] [comments]

Where to register the company for your Forex Brokerage?

Where to register the company for your Forex Brokerage?


Thinking about starting your own Forex Brokerage? The first logical question is "Where is the best location to incorporate and license your broker?".
However before we proceed on to answer this question, there are other related questions a person who has a serious interest in opening his FX Brokerage needs to answers.
Q1) Which regions are your going to concentrate on for retail clients?
Q2)When do you plan on launching your company & product?
Q3)How much money do you plan on establishing your brokerage?
Q4)Which business model are you going to have ? (STP,Market Maker,DD,Mixed)
Q5)Which bank will open you a corporate bank account?(depends on license & country of incorporation)
Q6)How're you going to collect the payments from your clients?
For the purposes of answering the question, we will divide certain geos(regions) in Tiers based on the level of reporting, capital requirement & tight regulated environment each jurisdiction has.
1) Tier 1 :
To safeguard investors from fraudulent and ponzi schemes, many countries have established private or state owned organizations to monitor and regulate the Forex Market and are actively supported by the governments. Example of countries in this Tier are JAPAN(FSA JAPAN) & USA(NFA & CFTC).
There are profound reporting requirements, broker required to provide high quality in services and prove the availability of $20 Million USD of free liquid capital not including clients money. There is also a compulsion to have local offices and a significant membership fee as well.
2) Tier 2:
Regulations like FCA UK & ASIC Australia fall under this category. These jurisdictions require lower initial capital and are committed to reporting. Obtaining a license from these authorities may take anything between 6 months to a year depending on how fast the required documents are submitted.
Applying for a license from these regulatory authorities typically requires one to have a minimum of $100,000 USD of non client funds. The cost for this is approximately $35,000 to $50,000(depending on what license you take) for example if you plan to have a Dealing Desk which doesn't forward the liquidity flow to a third party then you need to show a high availability of disposable liquid funds available approximately $1 Million USD where as for STP(Straight Through Processing) models where you forward all the liquidity flow it's about $100,000 USD.
3)Tier 3:
Offshore with certain level of protection for investors like Cyprus(CySEC),, Malta(MSA), New Zealand (FSP) are the Tier 3 jurisdictions.
These regulators require the availability of a local office, simpler reporting & very low taxes. Specially Cyprus which offers good access to EU and is also ESMA compliant. The cost for CySEC range from 125,000 Euro to 750,000 Euro depending which model you're going for STP or Dealing Desk and the process time remains on par with the Tier 2 regulators.
4)Tier 4:
BVI, Marshall Islands, Belize & Seychelles are the Tier 4 jurisdiction and have a official regulation and license the broker needs to obtain if providing FX Instruments. Obtaining a license and getting a license usually takes 3-4 months and cost around $20,000 to $30,000 USD with a $500,000 USD in capital requirement(Belize). Also with these licenses it's easier to open and maintain a bank account.
5)Tier 5:
There are certain offshore jurisdictions Like St. Vincent & Grenadines or Bermuda where there getting a Forex license is not compulsory. Setting up a company needs only a little capital and the money saved can then be used on operations or marketing.
It's a bit difficult to obtain an account in a credible bank for Tier 5. Most startups go around this issue by listing their company for more than one service for example Consultancy, Marketing,FX, Travel etc or through EMIs which can provide an online IBAN. (B2B accounts mostly).
Many big brokers around the world start with small licenses and obtain their bigger licenses much later such examples include big names like Alpari, Admiral, Primus etc.
To keep up to date with the latest trends in FX industry or info on brokerages or white labels visit Stratton Forex. We'd love to hear from you.
Also check out our Recommended Brokers & Partners or Contact Us for the cheapest brokerage startup solutions in the world guaranteed!
Subscribe to our blog for keep up to date with the latest market trends and opportunities.
submitted by StrattonForex to u/StrattonForex [link] [comments]

GWFX Global Forex Trader

Hi,
I found this forex company with a really cool mobile app platform and im keen on making deposits but i see numerous indicators telling me its a scam. So the app has 100k + downloads on android with 3000 5 star reviews, this is the only positive thing to it though. I must add that you get a $20 referral bonus if someone sends you the link but upon further investigation they located in grenadine which is a high forex trader scam location. The license numbers they provide isnt picking up and the one i did find turns out to have gotten rejected by the FCA which is the UK financial regulator. Im an experienced trader and ive never come accross that works this well with my strategy on a mobile app. Im keen on getting feedback for all of you who is/have used there platform before because i dont want to deposit and lose my money. The minimum deposit is $50 and granted that this is a low amount of money, it would still hurt if i lost it knowing that I was aware that they are running an unregulated brokerage firm. I monitored GBP/USD of GWFX and GT247 which is definitely a legit broker in South Africa because they a subsidiary of a well known publicly listed company. Please, can someone put my mind at ease so I let it go. I accumulated $23000 dollars with my free $20 bonus so if it is legit im pretty sure i should be able to cash out majority of it
submitted by RhidaaOmar to Forexhash [link] [comments]

MEDICALCHAIN REVIEW

A lot of people are talking about this project and as a potential investor i decided to run some checks on it and see if it's worth. Everyone is pumped about it but after a closer look I'm not sure it's worth its price. Therefore let's have a look at the facts :
Medicalchain.com LTD
The company was incorporated on 28/06/2017 under the name MEDICALCHAIN.IO LTD as a private company limited by ordinary shares.
Three directors are appointed: Mr. Mohammed Tayeb, Mr. Abdullah Dafir Albeyatti and Mr. Bara Mustafa.
The initial shareholdings (total of 999) are split in 3 equal parts:
1/3 (333) owned by Mr. Abdullah Dafir Albeyatti
1/3 (333) owned by Mr. Bara Mustafa
1/3 (333) owned by XL CAPITAL VENTURES LTD (owned by Mohammed Tayeb and Omar Tayeb)
At 24/07/2017 the number of shares is increased to 1332, with XL CAPITAL VENTURES LTD holding 666 ordinary shares.
At 13/08/2017 XL CAPITAL VENTURES LTD cease to be a shareholder, with MR Mohammed Tayeb now holding the 666 shares previously held by XL Capital.
At 14/08/2018 MEDICALCHAIN.IO LTD becomes MEDICALCHAIN.COM LTD
Below you can find a bit about every member of the team starting with the top dogs.
MOHAMMED TAYEB :: Director
MR MOHAMMED TAYEB description taken from medicalchain.com.
Mr. Mohammed Tayeb is a Partner at Hearn Capital Limited. Mr. Tayeb co-founded ReadyCache. In 2010, he headed up the development side of morethan.com. During his time there, Mr. Tayeb architected and developed a system to drive down online fraud, saving its over £40 million. Prior to that, he ran a boutique consultancy business in the field of mobile web and application development. Together with his brother and Co-Founder, they own over eight games and utility applications on the Apple and Google Play apps market, with over 10 million downloads. Mr. Tayeb is an internet entrepreneur, investor, and founder of several technology and e-commerce start-ups. As well being a Partner in Hearn Capital, he is also a Non-Executive Director on the board of Salic. Mr. Tayeb specializes in bringing together technological efficiencies to the business world. He has a degree in e-commerce from Brunel University and an Executive MBA from the University of Oxford.
I’ve done an extensive background check and noticed that Mr Mohammed Tayeb has had his fingers in many pies since 2010 being appointed director in and out of more than 15 companies. I am not sure if I would trust him with my money as it looks like he cant commit to something for a longer period of time.
Below you can find part of his work history:
MONSTER TECHNOLOGIES LTD :: Director since 9 January 2017 :: Active - no information found
HEARN CAPITAL LIMITED :: Director since 21 January 2016 :: Active
The company is owned from background by Influential (Holdings) Limited owning more than 50% of shares with a total equity of £1.7 mil.
Basically Influential Holding has lent Hearn Capital 1.2 million to invest in different companies. To me it looks like Mohammed has no skin in this as Influential Holdings Limited is owned by Mr Andrew Richardson and Mr John Edward Simpson.
GOODSHAW CAPITAL MANAGEMENT LTD :: Director since 6 January 2016 :: Company still active Dormant company aka not carrying any business activity
DYNISTICS LIMITED :: Director since 03/03/2015 :: Company still active
Acquisition of Dynistics https://www.dynistics.com/ :: a software company that Hearncapital bought in 2015 which counts colleges, NHS Foundation Trusts and recruitment agencies as clients.
Link for acquisition:https://www.insidermedia.com/insidemidlands/141513-hearn-capital-buys-solihull-software-company
Dynistics is listed as a “small company” and the directors have elected not to include a copy of the profit and loss account within the financial statements. Total equity registered at the end of 2016 : £16.557
SALIC(UK)Limited :: Director since 22/01/2015 :: Company still active
Saudi Agricultural and Livestock investment company: this company belongs to Ministry Of Finance (Saudi Arabia) and financed with over 300 million pounds in capital and 75% or more ownership.
The Travel booking Company LTD :: Director since 19/11/2014 : Dissolved 29/03/2016
XL Capital Investment LTD :: Director 17/03/2014 :: Dissolved : 04/07/2017 - no other information found
Global Labs Technology Limited :: Director since 10/12/2013 –Dissolved : 18/07/2016 - No record, probably westernlabs.com which has no track record nor an online presence
Ready Cache Technologies LTD :: Director since 01/10/2013 :: Dissolved : 04/07/2017 - ReadyCache is a website that accelerates your online content and delivers the best possible speeds to you.
Pepperstone Limited :: Director 13/02/2017 – 22/06/2017 :: Resigned (former 123FX.COM LTD)
Pepperstone acquired 123FX.COM LTD what is now its UK subsidiary from Mohammed Tayeb, who alongside his broker Omar Tayeb established an FCA regulated shell with plans to launch a retail forex brokerage called 123FX.com. The business was never launched, and instead was sold to Pepperstone in late 2015.
Pepperstone has suspended trading for clients in its UK subsidiary as the company is making some changes to its management structure and processes, and bringing on some additional resources in its UK office. To comply with its FCA obligations Pepperstone has had to temporarily suspend trading in the UK until all of the changes are complete and the additional resources are in place.
http://www.checkdirector.co.uk/directomohammed-tayeb/ https://www.leaprate.com/forex/brokers/pepperstone-swaps-phil-horner-mohammed-tayeb-board-uk-fx-relaunch/
Some other companies he had been involved with:
• Director House of Choice Stores LTD :: 2013 – 2016 Disolved
• Director XI Capital Ventures LTD :: 2014-2017 Disolved
• Director UR Trading :: 2002 – 2010 Disolved
• Director LOVEFRAGRANCE INTERNATIONAL LTD :: 2012 – Dissolved 2013
• Director DAR FIRST LIMITED :: 2007 – Dissolved 2011
• Director BLACKSTONE E-COMMERCE LIMITED :: 2011 – Dissolved 2013
All this information can be found at https://beta.companieshouse.gov.uk/ . You just lookup his name or company names and access the records.
** Mr. Abdullah Dafir Albeyatti :: Director**
Enthusiastic doctor with a wide range of skills and interests. Currently completing my general practice training in Leeds. Previous surgical trainee in the London Deanery. My ambition is to continue improving as a doctor and to develop myself in other fields of medicine and aesthetic training.
He is also the founder of dischargesummary.co.uk. The website is described as a website designed to streamline and lessen the work load placed on junior doctors by standardising the content of discharge summaries produced when a patient is discharged from hospital. This platform has allowed hospital departments to establish quality assurance and accurately produce reliable discharge summaries to effectively commute between hospital and community medicine.
I checked the website and 3 out of 6 features are under development. The site is now redirected to https://ds.medicalchain.com/
Mr. Bara Mustafa :: DirectoCTO
There is no mention of Mr Bara Mustafa on the mediclchain.com which is weird as he is one of the directors and shareholder. It looks like Mr Bara occupation is CTO, which surely would be of interested to the public. Mr Bara is also a OwneDirector of ENETIDEAS LTD since 2010 rendering services as IT Consultant.
https://www.enetideas.com :: the website is not functional, none of the products links are working.
Jay Povey :: Blockchain developer at medicalchain
His introductory linkedin line :
Self taught programmer, programming for 7+ years. BA(Hons) from Buckinghamshire New University. Since January I joined Medicalchain to help create a world class blockchain platform for electronic health records. Previously worked on forex trading algorithm using deep learning / pattern recognition techniques. I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain. I see great potential for revolutionizing the way businesses are run.
He started coding for Medicalchain in 2017 previously working for 2 years for one of Mohammed companies ReadyCache which was dissolved.
I’m not sure about his experience developing “on forex trading algorithm” as at the previous company ReadyCache they were “building software that is making a difference to webmasters and large companies. We accelerate our customers’ websites, save our customers money and enhance user experience”
Before ReadyCache he worked for a college as an IT technicial and e-learning advisor.
Also I’m not sure what to make out of his facebook profile, he comes across a bit weird. Also on one of his facebook posts he was asking where you can buy bitcoin in may 2017 but on his summary : “I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain”
https://www.facebook.com/jaypov
Robert Miller :: Director Of Business Development
Looks like his CV is somehow better than the rest, again worked alongside Mohammed at Goodshaw Capital for 1 year. Freelanced a few blockchain projects so I would say he is the one who will drive the project as longs as the money are coming in.
Linkedin https://www.linkedin.com/in/bertcmiller
Natalie Furness :: Communication Director
She has a background in healthcare industry, namely working as a physiotherapist since 2010. She also lectured for Physiotherapy and Sports Exercise Scientist students at Birmingham University and currently working as a project manager for a company offering solutions to the occupational health sector.
The rest of the team occupies either associates or consultants positions for a short period of time 2-3 months.
To sum it up : the initial £5000 pre-ICO investment is way way exaggerated based on the fact that there is nothing to show for at the present moment, just ideas. Mr Mohammed has started 15+ companies and most of them are dissolved which doesn't sound very promising. On top of that he now owns half the company whereas initially the company was split in thirds. Their CTO is not mentioned anywhere on the website but he is a shareholder in the company.
I would not recommend investing in the project right now and I would wait to see if the project would ever gain traction and materialize.
Below I listed some of the videos related to Medicalchain at different conferences / interviews :
https://www.youtube.com/watch?v=W4Bc4RiugMg
https://www.youtube.com/watch?v=F6WbFMt6Ic4
https://www.youtube.com/watch?v=NT-vRXZ2k-o
https://www.youtube.com/watch?v=devzmfzsh7E
https://www.youtube.com/watch?v=SA91OAaNZUo
https://www.youtube.com/watch?v=h_OdMREOpBI
https://www.youtube.com/watch?v=ebP5ZzQView
If you want me to run any other checks on other upcoming ICO please let me know.
submitted by cryptoflorin to ICOAnalysis [link] [comments]

Big List of Financial News, Research, and Data Websites

Hello /investing, I was looking for a good resource list for financial news, research, and data on Google and Reddit, but didn't find many good lists. So I spent some time and compiled my own. I hope this is helpful for other people.
You can take a look at this list in two column format here.
I'm looking for useful websites that I have missed. If you have any suggestions, please leave them in the comments.
I list the domain authority of each website in parentheses which is a measure of the prestige of the website and quality of the information in a numerical range from 0 to 100.
Although I review a wide range of websites, I personally recommend the Financial Times, Bloomberg, Wall Street Journal, Business Insider, and Zero Hedge for news, and Quandl for data.

News

  1. Bloomberg (99)
  2. Reuters (96)
  3. Business Insider (95)
  4. MarketWatch (93)
  5. TheStreet (90)
  6. Zero Hedge (84)
  7. Seeking Alpha (83)
  8. Financial Post (82)
  9. Kiplinger (82)
  10. 24/7 Wall St (81)
  11. Benzinga (79)
  12. Institutional Investor (73)
  13. ValueWalk (70)
  14. Gurufocus (66)
  15. Institutional Investor’s Alpha (52)
  16. Market Folly (50)

Magazines

  1. Forbes (97)
  2. The Economist (95)
  3. Fortune (93)
  4. Time (92)
  5. Barron’s (85)
  6. The New Yorker (80)

Newspapers

  1. The Wall Street Journal (97)
  2. Financial Times (96)
  3. USA Today (88)
  4. BBC (87)
  5. The Global and Mail (87)
  6. The New York Times (80)
  7. The Guardian (80)
  8. Nikkei Asian Review (80)
  9. The Japan Times (70)

Networks

  1. CNN (95)
  2. CNBC (93)
  3. NBC (91)
  4. Fox Business (91)
  5. NPR (82)

Reddit

  1. /investing (73)
  2. /personalfinance (71)
  3. /business (65)
  4. /FinancialIndependence (64)
  5. /finance (62)
  6. /economics (59)
  7. /wallstreetbets (58)
  8. /stocks (55)
  9. /InvestmentClub (55)
  10. /economy (52)
  11. /options (51)
  12. /SecurityAnalysis (49)
  13. /Forex (49)
  14. /algotrading (49)
  15. /StockMarket (47)

Tools

  1. Yahoo! Finance (94)
  2. Google Finance (93)
  3. Investopedia (87)
  4. Morningstar (87)
  5. Investing.com (72)
  6. ETF.com (64)
  7. Finviz (60)
  8. Thinknum (38)
  9. Finbox.io (26)
  10. Tiingo (23)

Blogs

  1. DealBook (89)
  2. FT Alphaville (83)
  3. The Big Picture (76)
  4. Calculated Risk (73)
  5. Naked Capitalism (72)
  6. Dealbreaker (63)
  7. The Reformed Broker (62)
  8. Macro Man (60)
  9. Pragmatic Capitalism (58)
  10. Abnormal Returns (57)
  11. Mish Talk (50)
  12. Between The Hedges (49)
  13. Felix Salmon (44)
  14. Philosophical Economics (42)

Communities

  1. StockTwits (76)
  2. Quantopian (50)
  3. TradingView (63)
  4. Bogleheads (54)
  5. SumZero (44)
  6. Value Investors Club (37)
  7. Harvest Exchange (37)

Data

  1. Bureau of Labor Statistics (95)
  2. SEC EDGAR (91)
  3. Federal Reserve (89)
  4. Bureau of Economic Analysis (85)
  5. FRED (81)
  6. Quandl (62)

Aggregators

  1. Real Clear Markets (70)
  2. Quantocracy (50)
  3. StreetEYE (40)
  4. Quant News (30)

Other

  1. Foreign Affairs (86)
  2. Project Syndicate (84)
  3. Stratfor (79)
submitted by cokechan to investing [link] [comments]

My thoughts on the best brokers

So the long and nasty road of chosing a broker.. a broker that wont interfere or have anything against you profiting 40-60% year in year whilst also depositng more money.. the feeling of "safe" is very lucrative in the retail forex market.
So here is my top list of brokers to trade with: 2nd place, Pepperstone regulated in both Australia and UK.. Pepperstone offers amazing spreads on their "Razor" accounts.. Pepperstone is growing at a fast rate and its not because its offering "1,000 leverage" or "50% deposit bonus"- which btw it is not offering.
So in other words Pepperstone keeps growing not by lure of fast action and high leverage, but more on the word of "safety, regulation, and making excellent conditions for the trading environment"
Nr 1: Darwinex, where to start with this one? They allocate 4,000,000 Euros to the top 48 traders, EACH MONTH! A Dedicated staff/founders which always start up free seminars and update people.
Darwinex as Pepperstone has the traders best interest in mind, fast execution, low spreads, low commission.
The fact that i was trading one day, and woke up the next day with suddenly a 10,000usd+ investment from 2 people on the site, is what makes Darwinex so great..
Also offers way better tools than Myfxbook for improving your trading, and see its weaknesses and strenghts
Thats why i rank Darwinex slightly ahead of Pepperstone, the analytics and that even if you only have a 1,000usd to your name.. what matters is that you produce consist results and you might in a short time be trading a 50k-100k or a larger account.
Other honorary mentions: Global Prime, FxPro(even though they are with Cyprus regulation, they are probably the most reliable of them all)
submitted by greyblueshark to Forex [link] [comments]

[UK] A couple of questions for the experienced UK traders here.

First, A bit of background.
I am quite new to this and I'm still at the paper trading stage. I've been using a demo account with IG Group, and although their website is pretty good. I was hoping to be able to run some dedicated software that would allow me to set alerts, and see more information about various stocks.
I've tried looking at MetaTrader 4 that you can get through IG, but that seems to only cater for forex and a few indices, but not stocks.
I am primarily interested in trading stocks (not CFDs) that are list on the London Stock Exchange.
What brokers do you UK day traders use, and do you use any dedicated software for this?
I've searched this sub and haven't found a good solution.
Any help you can give would be most appreciated.
submitted by alittlebitmental to Daytrading [link] [comments]

ThinkorSwim UK Charting Alternative

Hello all
Hoping someone could give me some advice, there has been lots of other discussions about this but no straight answer.
I currently trade every day and do most of my charting using tradingview however it is limited as there are certain things that it just doesn't do compared to charting software.
The software that would seem to do everything I need is Thinkorswim but you can't have it in the uk !
Main things I want is a ability to link multiple graphs with decent forex / stock live listings that you can click on and all the linked graphs change at once which you can do with thinkorswim.

I don't need a broker platform, I just need decent charting designed for traders. Someone suggested Ninjatrade but that only works with Windows and I'm a Mac user !
Any thoughts comments or help would be greatly appreciated.
Cheers
Jon

submitted by funnyjon75 to Daytrading [link] [comments]

ThinkorSwim UK Charting Alternative

Hello all
Hoping someone could give me some advice, there has been lots of other discussions about this but no straight answer.
I currently trade every day and do most of my charting using tradingview however it is limited as there are certain things that it just doesn't do compared to charting software.
The software that would seem to do everything I need is Thinkorswim but you can't have it in the uk !
Main things I want is a ability to link multiple graphs with decent forex / stock live listings that you can click on and all the linked graphs change at once which you can do with thinkorswim.

I don't need a broker platform, I just need decent charting designed for traders. Someone suggested Ninjatrade but that only works with Windows and I'm a Mac user !
Any thoughts comments or help would be greatly appreciated.
Cheers
Jon

submitted by funnyjon75 to thinkorswim [link] [comments]

ThinkorSwim UK Charting Alternative

Hello all
Hoping someone could give me some advice, there has been lots of other discussions about this but no straight answer.
I currently trade every day and do most of my charting using tradingview however it is limited as there are certain things that it just doesn't do compared to charting software.
The software that would seem to do everything I need is Thinkorswim but you can't have it in the uk !
Main things I want is a ability to link multiple graphs with decent forex / stock live listings that you can click on and all the linked graphs change at once which you can do with thinkorswim.

I don't need a broker platform, I just need decent charting designed for traders. Someone suggested Ninjatrade but that only works with Windows and I'm a Mac user !
Any thoughts comments or help would be greatly appreciated.
Cheers
Jon

submitted by funnyjon75 to investing [link] [comments]

Top Asia financial institutions and elite talent gathered in Taipei in September

On September 16, Top Asia financial institutions and elites will gather in Taipei to participate in the Asia High Net Worth People Wealth Management Forum.
“Asia High Net Worth People Wealth Management Forum” organized by the famous Chinese Financial Media ToushiSTAR. Primarily to study and explore the wealth management problems of high-net-worth Chinese investors in Asia, promote cooperation among Asian Financial Sector, its headquarters are in Shanghai. The Asian High Net Worth People Wealth Management Forum (AHNW Forum) is called the small Davos of Asian Chinese finance. Previous participants included Morgan Stanley (Asia), Citibank, China Renaissance, China Banking Fund, Qijin, CLSA, CITIC Securities, atomic capital, Henry Fok Fund and others.
The forum content of the Forum on “Asia High Net Worth People’s Wealth Management Forum” in Taiwan highlights the timeliness, applicability and uniqueness of Asian Chinese investors. The forum will include: Strategy of trading market investment Under the risk of Global Trade, Currency Investment and hedging strategy on facing to IR raising cycle of USA, Development and Diversity of Block Chain in Global finance, the future of Block Chain and Encrypted monetary ecosystem, Legal risks from The mineral circle、the chain circle and the coin circle, The combined strategy of fixed asset and financial investment in Asia-Pacific, Global configurations of family assets, Cultivation and prospect of financial talents, Advantages and Disadvantages of Robot intelligent transaction.
The forum will be held at the Fubon International Convention Center in Taipei (No. 108, Fubon Life Building, B2, Taipei City, on September 16,2018, at 12:20 p.m.
AHNW Forum official website: www.voicemoney.cn/AHNWF.html
Guest of the Forum:
LIN CHIH-SHENG, General Representative of China, Marketing Director of YanQi investment management co., LTD, worked as the VP of Citibank. MBA, A.B. Freeman School of Business, Tulane University, USA,Finance PhD of Jinan University, China.
Felix Hoe, A graduate of Singapore’s Nanyang Technological University (NTU) with post-graduate studies conducted at Tsinghua University, Felix Hoe currently works as an institutional sales director in Broctagon Fintech Group and ICO advisor in ICOMain.io
Doctor XIE CHEN YAN The founder and CEO of MSFG(Maestro Finance).Managing Director of Hong Kong Liyu Consulting Company. The publisher of A money Weekly Magazine.Stock Commentator of Talk Show(57 Jinqianbao) in Taiwan Eastern TV.
Sun Ge yang, He is director of customer relations in Exness Ltd. China. With rich practical operation experience, paid attention to the concept of value mining and long-term investment in the actual operation of large foreign exchange companies for many years.
LI YONG SHENG, eToro in Asia-pacific managing director, Global Leading Social Investment Network, is responsible for e investment in Greater China and Southeast Asia.
Tiger Han, the current Alpha Jet Financial Group market development director in China, graduated with master of financial engineering and statistics from Shanghai university of finance and economics.
Dean Jack, being the first at the global trader opinion sharing website, Tradingview, is the only Chinese analyst on the list. Dean Jack has more than 10 years of experience in international banking system and has the qualification of Associate Financial Planner.
Zhou Yi, The Atomic Capital CEO of the ATOM capital, CEOC (and the Atom Exchange Fund Manager) was awarded the 2011 Global Chief Executive Award for Responsible Business Leaders.
Lawyer TAN FANG, Ms. Tan Fang is the director of Shanghai FO Law Firm, the top lawyer in the field of private wealth management, and a well-known legal expert in the field of marriage and family.
Participating Organizations
Yanqi investment management co.,ltd. was established on 21 November 2013 and obtained its licence (licence code is P1006735) from the Asset Management Association of China in 2015. Yanqi has experience conducting quantitative trading programs since 2010 in PRC where it has grown assets under its management by employing quantitative and qualitative strategies.
Atomic capital is a financial group headquartered in Hong Kong, China, with a service network covering major global financial centers which including greater China, Singapore, London, the European Union and so on. The team of investment experts is composed of international chartered financial analysts, senior traders, data model quantitative strategy programmers, risk control specialists, certified accountants, lawyers and investment consultants whom with decades of practical experience. Guided by the concept of “control risk and wealth appreciation”, the company creates stable and considerable wealth for high net worth private clients and institutional investors through professional investment services such as fund investment management, foreign exchange trading, PE equity investment and Internet finance.
eToro, founded in Israel in 2007, and is one of the first financial technology companies in the world to implement replication-tracking technology. eToro trades in 13 digital currencies, more than 1,000 US and European equities, 47 currencies, 13 indices, 6 commodities, 83 ETF Funds and can communicate with global investors anywhere and anytime, focus on, share trading strategies, look at the trading records of other investors, and easily and free copies of top investors trading.
GKFX Prime‘s journey to become one of the most reliable brokers in the world has started in 2010 Our objective was clear; observe the changing customer needs and provide them the best service possible.
We knew that the trading business required a lot of dedication in order to have a good reputation. This awareness motivated us to create a sophisticated trading environment for our clients including individuals, companies and financial institutions.
EXNESS, Russia’s best known foreign exchange trading platform is the only one in the world that supports a 1:2000 lever, and the EXNESS website offers 22 languages and provides trading capacity for more than 120 financial instruments, provides the best market order execution service and has a small difference in the records of the major currency pairs. Exness has participated in the compensation funds, another important safeguard for the protection of the interests of clients in foreign exchange transactions. Exness’s reputation has been tested by time to ensure the safety of client funds and to meet its financial obligations in a timely manner.
Broctagon Fintech Group is an intentional conglomerate with core competencies in financial corporate consulting services. Priding itself on offering the latest technologies and high-quality services in the Fintech industry, including one-stop forex brokerage solutions, corporate management consulting, trading platform technology, network information security, entity licensing and institutional-grade liquidity. Broctagon Fintech Group aims to become the biggest corporate platform in the APAC fintech market by providing optimized and uniquely-tailored client solutions.
About ICOMain.io
As a member of Broctagon Fintech Group, ICOMain.io has been active in the Blockchain space through its provision of one-stop ICO solutions to token issuers. ICOMain.io’s comprehensive service suite spans the entire ICO process, from Project Advisory and Planning to Technology Development, White paper Advisory and Drafting, Legal Review, as well as Marketing and Media Outreach. All you need to launch your ICO is ICOMain.
APJFX is the online financial derivatives trading brand of Alpha Jet group holdings, a financial substantial British financial group with operations in stock, forex and many other financial markets, and is tasked with the development of global forex market.
Jack Trading Academy,the top professional financial trader training institution in China,is dedicated to the education and trader incubation of Chinese investors. It is praised by the industry and media as “Hogwarts in the trading world”.
Shanghai FO Law Firm is the very first law firm in China that specializes in providing family office legal services for Chinese families. It was named as the top law firm in China by the famous legal rating agency LegalBand in 2018 and ranked first in the field of private wealth management.
IFM Trade is an Australian based financial institution with offices located in Sydney and Melbourne and development and support offices spread worldwide. IFM Trade was launched in 2012 in Australia and is authorized and regulated by the Australian Securities and Investments Commission (ASIC) with Australian Financial Services License (AFSL) number 426359. We provide Forex, Gold, Silver, Global Equities and Commodities CFD trading services directly and through established relationships with some of the most trusted names in the industry.
Forum organizer: Toushistar
Forum co-operation media support:
7hcn.com、91jucai.com、Cmoney、FX168、FX678.com、Cross-Strait Public Affairs Association、 Chinese Association Of Finance Professionals And Investors
The Forum’s video media support:
QQlive、Youku、iqiyi、Souhu TV、Leshi TV、Express、PPS、Toutiao、v.ifeng、Zhihu、FX168、Huichang Finance、toushiTV、Mango、56、second beat、A站、COOL6、Litchi、Tencent interest tribe、9private chat APP.YouTube、Facebook、Flikcr、twitter、Dailymotion、Quora、RuTube、myVidster、FC2、tumblr、Google+、My vidster、Scoop it
Forum Chinese Financial Reporting Media support:
The Shanghai Television includes Financial Channel 1,Economics magazine、Wall Street News、Huitong financial、futures daily、China Securities News、Toushistar、Toutiao、Caijing.com、Money163.com、finance.sina、Hexun.com、Jrj.com、Caijing.com、Yocajr.、figure finance、cnfol、chinaz.com、economy.gmw、CFI、huaxiatop、IFNCN.COM、Hqcaixun.com、zhongguocaifu、ce.cn、chinadaily、zb2.jin58、zb3.caifubz,etc.
Forum international Financial Reporting Media support:
The New York Time、The Wall Street Journal、Forbes、Reuters,LSE:RTR,NASDAQ: RTRSY、CNN、Yahoo、world news、Medium、CBS、FOX Broadcasting Corporation、ABC、Dailyherald.com、financialcontent.com、Jsonline.com、Wallstreetselect.com、marketplace.org、Siliconinvestor.com、Pe.com、Industryweek.com、Buffalonews.com、Wnd.com、Post-gazette.com、Travelweekly.com、The Post & Mail、ask.com、Tnj.com
theeveningleader.com、NewsOk、Worldnetdaily.co.uk、Theatlanticreport.com、Am-news.com、Azcentral.com、ABC-7、NBC-2、News9、NBC12、FOX5、TM、WATCHFOX29、Newschannel10、Newson6
Forum Registration Website: https://jinshuju.net/f/TIz2x0
submitted by ALLBTCnews to u/ALLBTCnews [link] [comments]

MEDICALCHAIN REVIEW

A lot of people are talking about this project and as a potential investor i decided to run some checks on it and see if it's worth. Everyone is pumped about it but after a closer look I'm not sure it's worth its price. Therefore let's have a look at the facts :
Medicalchain.com LTD
The company was incorporated on 28/06/2017 under the name MEDICALCHAIN.IO LTD as a private company limited by ordinary shares.
Three directors are appointed: Mr. Mohammed Tayeb, Mr. Abdullah Dafir Albeyatti and Mr. Bara Mustafa.
The initial shareholdings (total of 999) are split in 3 equal parts:
1/3 (333) owned by Mr. Abdullah Dafir Albeyatti
1/3 (333) owned by Mr. Bara Mustafa
1/3 (333) owned by XL CAPITAL VENTURES LTD (owned by Mohammed Tayeb and Omar Tayeb)
At 24/07/2017 the number of shares is increased to 1332, with XL CAPITAL VENTURES LTD holding 666 ordinary shares.
At 13/08/2017 XL CAPITAL VENTURES LTD cease to be a shareholder, with MR Mohammed Tayeb now holding the 666 shares previously held by XL Capital.
At 14/08/2018 MEDICALCHAIN.IO LTD becomes MEDICALCHAIN.COM LTD
Below you can find a bit about every member of the team starting with the top dogs.
MOHAMMED TAYEB :: Director
MR MOHAMMED TAYEB description taken from medicalchain.com.
Mr. Mohammed Tayeb is a Partner at Hearn Capital Limited. Mr. Tayeb co-founded ReadyCache. In 2010, he headed up the development side of morethan.com. During his time there, Mr. Tayeb architected and developed a system to drive down online fraud, saving its over £40 million. Prior to that, he ran a boutique consultancy business in the field of mobile web and application development. Together with his brother and Co-Founder, they own over eight games and utility applications on the Apple and Google Play apps market, with over 10 million downloads. Mr. Tayeb is an internet entrepreneur, investor, and founder of several technology and e-commerce start-ups. As well being a Partner in Hearn Capital, he is also a Non-Executive Director on the board of Salic. Mr. Tayeb specializes in bringing together technological efficiencies to the business world. He has a degree in e-commerce from Brunel University and an Executive MBA from the University of Oxford.
I’ve done an extensive background check and noticed that Mr Mohammed Tayeb has had his fingers in many pies since 2010 being appointed director in and out of more than 15 companies. I am not sure if I would trust him with my money as it looks like he cant commit to something for a longer period of time.
Below you can find part of his work history:
MONSTER TECHNOLOGIES LTD :: Director since 9 January 2017 :: Active - no information found
HEARN CAPITAL LIMITED :: Director since 21 January 2016 :: Active
The company is owned from background by Influential (Holdings) Limited owning more than 50% of shares with a total equity of £1.7 mil.
Basically Influential Holding has lent Hearn Capital 1.2 million to invest in different companies. To me it looks like Mohammed has no skin in this as Influential Holdings Limited is owned by Mr Andrew Richardson and Mr John Edward Simpson.
GOODSHAW CAPITAL MANAGEMENT LTD :: Director since 6 January 2016 :: Company still active Dormant company aka not carrying any business activity
DYNISTICS LIMITED :: Director since 03/03/2015 :: Company still active
Acquisition of Dynistics https://www.dynistics.com/ :: a software company that Hearncapital bought in 2015 which counts colleges, NHS Foundation Trusts and recruitment agencies as clients.
Link for acquisition:https://www.insidermedia.com/insidemidlands/141513-hearn-capital-buys-solihull-software-company
Dynistics is listed as a “small company” and the directors have elected not to include a copy of the profit and loss account within the financial statements. Total equity registered at the end of 2016 : £16.557
SALIC(UK)Limited :: Director since 22/01/2015 :: Company still active
Saudi Agricultural and Livestock investment company: this company belongs to Ministry Of Finance (Saudi Arabia) and financed with over 300 million pounds in capital and 75% or more ownership.
The Travel booking Company LTD :: Director since 19/11/2014 : Dissolved 29/03/2016
XL Capital Investment LTD :: Director 17/03/2014 :: Dissolved : 04/07/2017 - no other information found
Global Labs Technology Limited :: Director since 10/12/2013 –Dissolved : 18/07/2016 - No record, probably westernlabs.com which has no track record nor an online presence
Ready Cache Technologies LTD :: Director since 01/10/2013 :: Dissolved : 04/07/2017 - ReadyCache is a website that accelerates your online content and delivers the best possible speeds to you.
Pepperstone Limited :: Director 13/02/2017 – 22/06/2017 :: Resigned (former 123FX.COM LTD)
Pepperstone acquired 123FX.COM LTD what is now its UK subsidiary from Mohammed Tayeb, who alongside his broker Omar Tayeb established an FCA regulated shell with plans to launch a retail forex brokerage called 123FX.com. The business was never launched, and instead was sold to Pepperstone in late 2015.
Pepperstone has suspended trading for clients in its UK subsidiary as the company is making some changes to its management structure and processes, and bringing on some additional resources in its UK office. To comply with its FCA obligations Pepperstone has had to temporarily suspend trading in the UK until all of the changes are complete and the additional resources are in place.
http://www.checkdirector.co.uk/directomohammed-tayeb/ https://www.leaprate.com/forex/brokers/pepperstone-swaps-phil-horner-mohammed-tayeb-board-uk-fx-relaunch/
Some other companies he had been involved with:
• Director House of Choice Stores LTD :: 2013 – 2016 Disolved
• Director XI Capital Ventures LTD :: 2014-2017 Disolved
• Director UR Trading :: 2002 – 2010 Disolved
• Director LOVEFRAGRANCE INTERNATIONAL LTD :: 2012 – Dissolved 2013
• Director DAR FIRST LIMITED :: 2007 – Dissolved 2011
• Director BLACKSTONE E-COMMERCE LIMITED :: 2011 – Dissolved 2013
All this information can be found at https://beta.companieshouse.gov.uk/ . You just lookup his name or company names and access the records.
** Mr. Abdullah Dafir Albeyatti :: Director**
Enthusiastic doctor with a wide range of skills and interests. Currently completing my general practice training in Leeds. Previous surgical trainee in the London Deanery. My ambition is to continue improving as a doctor and to develop myself in other fields of medicine and aesthetic training.
He is also the founder of dischargesummary.co.uk. The website is described as a website designed to streamline and lessen the work load placed on junior doctors by standardising the content of discharge summaries produced when a patient is discharged from hospital. This platform has allowed hospital departments to establish quality assurance and accurately produce reliable discharge summaries to effectively commute between hospital and community medicine.
I checked the website and 3 out of 6 features are under development. The site is now redirected to https://ds.medicalchain.com/
Mr. Bara Mustafa :: DirectoCTO
There is no mention of Mr Bara Mustafa on the mediclchain.com which is weird as he is one of the directors and shareholder. It looks like Mr Bara occupation is CTO, which surely would be of interested to the public. Mr Bara is also a OwneDirector of ENETIDEAS LTD since 2010 rendering services as IT Consultant.
https://www.enetideas.com :: the website is not functional, none of the products links are working.
Jay Povey :: Blockchain developer at medicalchain
His introductory linkedin line :
Self taught programmer, programming for 7+ years. BA(Hons) from Buckinghamshire New University. Since January I joined Medicalchain to help create a world class blockchain platform for electronic health records. Previously worked on forex trading algorithm using deep learning / pattern recognition techniques. I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain. I see great potential for revolutionizing the way businesses are run.
He started coding for Medicalchain in 2017 previously working for 2 years for one of Mohammed companies ReadyCache which was dissolved.
I’m not sure about his experience developing “on forex trading algorithm” as at the previous company ReadyCache they were “building software that is making a difference to webmasters and large companies. We accelerate our customers’ websites, save our customers money and enhance user experience”
Before ReadyCache he worked for a college as an IT technicial and e-learning advisor.
Also I’m not sure what to make out of his facebook profile, he comes across a bit weird. Also on one of his facebook posts he was asking where you can buy bitcoin in may 2017 but on his summary : “I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain”
https://www.facebook.com/jaypov
Robert Miller :: Director Of Business Development
Looks like his CV is somehow better than the rest, again worked alongside Mohammed at Goodshaw Capital for 1 year. Freelanced a few blockchain projects so I would say he is the one who will drive the project as longs as the money are coming in.
Linkedin https://www.linkedin.com/in/bertcmiller
Natalie Furness :: Communication Director
She has a background in healthcare industry, namely working as a physiotherapist since 2010. She also lectured for Physiotherapy and Sports Exercise Scientist students at Birmingham University and currently working as a project manager for a company offering solutions to the occupational health sector.
The rest of the team occupies either associates or consultants positions for a short period of time 2-3 months.
To sum it up : the initial £5000 pre-ICO investment is way way exaggerated based on the fact that there is nothing to show for at the present moment, just ideas. Mr Mohammed has started 15+ companies and most of them are dissolved which doesn't sound very promising. On top of that he now owns half the company whereas initially the company was split in thirds. Their CTO is not mentioned anywhere on the website but he is a shareholder in the company.
I would not recommend investing in the project right now and I would wait to see if the project would ever gain traction and materialize.
Below I listed some of the videos related to Medicalchain at different conferences / interviews :
https://www.youtube.com/watch?v=W4Bc4RiugMg
https://www.youtube.com/watch?v=F6WbFMt6Ic4
https://www.youtube.com/watch?v=NT-vRXZ2k-o
https://www.youtube.com/watch?v=devzmfzsh7E
https://www.youtube.com/watch?v=SA91OAaNZUo
https://www.youtube.com/watch?v=h_OdMREOpBI
https://www.youtube.com/watch?v=ebP5ZzQView
If you want me to run any other checks on other upcoming ICO please let me know.
submitted by cryptoflorin to Crypto_ICO_Investing [link] [comments]

BEST FOREX BROKERS - YouTube 3 Best Forex Brokers for 2020 Top 10 Online Forex Brokers 2019-20 Forex Brokers - YouTube BEST FOREX BROKERS 2020  TOP 8 HOTTEST FOREX BROKERS REVIEW!

The FCA UK forex brokers should be able to answer the investors’ questions and provide help in case of any difficulties. This is in a bid to make Forex trading easy and profitable to the traders. 4. Regulated forex brokers in the UK can be beneficial for a variety of reasons.Not only have many of the top forex brokers been in the business for a very long time, but the majority are also regulated by the prestigious Financial Conduct Authority (FCA), one of the world’s most reputable regulators.. This instills a great deal of trust and professional experience. Learn about the regulation of the foreign exchange market (forex), the Financial Conduct Authority (FCA), and the top 10 UK brokers that are FCA regulated. Best UK Forex Brokers for 2020. To find the best forex brokers in the UK, we created a list of all FCA authorised brokers, then ranked brokers by their Trust Score. Here is our list of the top UK forex brokers. IG - Best Overall Broker 2020; Plus500 - Best for beginners overall; CMC Markets - Best web platform, most currency pairs UK is a global financial hub and is home to some of the top brokers in the forex industry. To mention just a few FXTM, FXCM, FxPro, HotForex, TickMill and Trading.com have all offices there and are regulated by the local Financial Conduct Authority (FCA), which supervises over 59 000 financial services firms, ensuring that consumers get a fair deal while trading the financial markets.

[index] [2403] [13154] [8698] [1608] [14330] [14492] [3428] [3158] [8426] [11382]

BEST FOREX BROKERS - YouTube

*This video is for what is Best forex broker, Good forex broker, forex brokers, forex broker review, ecn broker vs market maker, forex broker bonus, bad forex brokers list, good forex broker, how ... Looking for the best forex broker? Your search is over. Follow our Youtube channel, and in particular, this playlist to evaluate the pros and cons of online forex brokers and choose on the basis ... The Truth About Forex Brokers (This is What You Must Know) - Duration: 18:55. Rayner Teo 20,192 views. 18:55. HOW TO GROW $100 TO $2,000 IN 3 DAYS TRADING FOREX IN 2020! If you're in the world of Forex trading, then you might be looking to find out about the best Forex Brokers in the UK. If so, you're in the right place. In this video, we have compiled a list of ... Why I chose LMFX Forex Broker - Duration: 16:49. Kou Success Lee FX 29,569 views. 16:49. The Difference Between True and False ECN/STP Brokers - Duration: 8:31. UKspreadbetting 20,539 views.