Land-FX, a London-based firm that mostly serves Asian traders, increased its revenue from nearly $0 in 2018 (£65,000) to £470,000 in 2019. The net loss of the corporation decreased from £542,000 in 2018 to £165,000 last year. However, as previously said, the corporation still lost money.
Brett Down, Regional Branch Director for Crombie Lockwood, guides us through some common questions about business insurance and the benefits of using a broker.
Finsa Europe Ltd, which owns Core Spreads, reported revenues of £6.8 million (USD $9.1 million) for the year ending November 30, 2019, down from £8.2 million the year before. Despite the sales reduction, the company managed to cut costs, resulting in a net profit of £1.2 million in 2019, up from £0.8 million in 2018.
Clients of Core Spreads get access to thousands of markets using two trading platforms: CoreTrader 2 and MetaTrader 4. Traders can trade forex in more than 30 of the most popular currency pairs, as well as gold, silver, and Brent crude oil, using Core Spreads' commodities choices, whether they want to trade CFDs or spread betting. Users can also trade shares from the United Kingdom, Europe, and the United States, as well as a variety of prominent indices.
There is no hard evidence that this broker is a con artist. However, their approaches are dubious, they are unregulated, and the whole thing feels gimmicky. The live cam support is the broker's biggest "feature": the first thing I noticed was a young woman running her fingers over her hair. Live!
Videforex is a brokerage firm that specializes in Forex and CFD trading. They claim to have more than 100 tradable assets. It is an Involva Corp offshore business that follows Marshall Islands legislation. They provide three different trading accounts (Bronze, Silver, and Gold) with a $250 minimum deposit and a maximum withdrawal processing time of one hour. Furthermore, all traders have a maximum leverage of 1:100, and you can trade through their web trading platform as well as their mobile apps for Android and iOS.
Financial investment products in China are quite limited. Deposits, equities, money, and real estate are the only ones I'm familiar with. Futures, spot, foreign exchange, virtual digital currencies, and other highly specialized financial wealth management instruments may be unfamiliar.
ProsperityFX offers a good variety of trading instruments – over 55 currency pairs, 30 crypto CFDs as well as CFDs on commodities, indices and stocks, with leverage as high as 1:500 and the MetaTrader4 platform – the most popular trading solution on the market. Unfortunately ProsperityFX is not a regulated broker, which along with their offshore registration raises some serious questions about their credibility. Before depositing any funds with ProsperityFX be sure to read the following lines.
Dow Jones / EUR / GOLD / Crude Oil
Millions of investors, traders, and participants are getting engaged in online financial markets to trade Forex, Crypto, Stocks, and Commodities every day. In such competitive and rapidly evolving markets, attracting a new breed of traders across disciplines can be challenging. As a result, the brokerage firms work with Introducing Broker (IB), who help introduce new traders to the market. Rebates are the incentives IBs receive in exchange for their service.
The Gold vs Crypto debate has been a hot topic among investors and traders ever since the concept of digital currency gained considerable transactions in the 2010s. While it is a good idea to diversify your trading portfolio, choosing between Gold vs Crypto can be challenging. However, regardless of which trading type you choose, it's important to ensure you're putting your eggs in the right basket.
Japanese Yen / EUR / Gold / Crude Oil
Hong Kong’s ETFs are booming
Dow Jones / Bitcoin / Gold / Crude Oil
Crypto hackers steal $600 million
As a beginner in Forex trading, it is obvious that you will face quite a few challenges. The greatest concern among those is choosing the best currency pairs to trade given the sheer number of forex pairs available. It is difficult to answer the question “What are the best currency pairs to trade?” as it differs from trader to trader. Analyzing different currencies using your trading strategy is the best way to determine which currency to trade.
Asian stocks see support
Dow Jones / Japanese Yen / Gold / Crude Oil
Intelligence Prime Capital (IP capital) is a global bot trading company committed to providing registered users with exceptional and full suite of digital asset services and BOT that has a 98% to 100% win ratio. It specializes in researching and developing the future of Fintech which includes quantitative trading, leveraged Artificial Intelligence (AI) trading systems, cloud storage systems and business management software.
Gold prices remained steady on Wednesday as worries about the Ukraine crisis push demand for safe-haven assets, and Fed officials calls for sharper interest rate hikes aimed at keeping inflation in check