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The Rating Of The Best Forex Brokers

April 21, 2020 by

The rating is formed according to the the four main criteria that characterize the broker. All reviews were manually checked by the moderator in order to avoid multiple votings from one IP and make sure all of the information was up to date. So, if you want to choose the best broker today, here’s the list of potential candidates!

FxPro

The first place in the TOP four best Forex brokers 2017 is held by FxPro, one of the largest international Forex brokers, which is well known among experienced traders. The company has been operating since 2006, and has been providing trading services for a very wide range of investment tools to date. In addition to currency pairs on the most advanced trading software, it includes its own FxPro SuperTrader. The broker has held the top position for two months and before that they have spent eleven consecutive months at the third place in the rating.

Forex Club

This team presented the new EUR4H trading system using the Price Action principle in dealing with the key EUR/USD currency pair on the 4-hour interval. The rate in EUR4H’s work is to maximize the potential of the market movement within a day, and the profit for each transaction is almost unlimited. In addition, Libertex for iOS received an updated design and new features.

The evening mini-base online course for Libertex will be held in February for its clients, where you can quickly get the required set of knowledge for an effective start of trading on the financial markets from leading experts of the International Academy of Investment and Trading. A new thematic seminar “How to create your own strategy?” was also held a few days ago.

TeleTrade

TeleTrade holds the third place for the third month in a row, being at the same time in the top four continuously for quite a long time (twenty-seven months). For those who doesn’t not know or have already forgotten about the fact, the company has been in the market since 1994, and even more notably, it was the first to receive CBR license to provide services in the Forex market in Asia.

TurboForex

TurboForex is a relatively young broker; the company has been operating since 2010. It is registered and licensed in New Zealand, but this does not prevent it from providing services to traders around the world. In addition to currency pairs, the list of trading tools offered by the broker includes precious metals and oil. In addition, traders can use social trading, which allows them to copy trades of experienced traders.

Choose the broker you think will suit you best and start your career of trading on Forex today!

Filed Under: Investing Tagged With: ,

BRIC Equity Funds Are On The Move Again

February 28, 2020 by

Brazil and Russia were investor favorites ten years ago. But a nasty recession in Brazil and Russia, plus the sanctions placed on Russia, have those emerging markets in a financial hammerlock. BRIC equity funds were off-limits to investors, but over the last couple of weeks, those funds have come alive. According to a Boston-based fund tracker, Brazil, Russia, India, and China received $45 million from investors in first two months of 2017. BRIC equity funds are enjoying the longest inflow of cash since June 2016. Commodity prices, corporate earnings and the fact that the Federal Reserve may not raise interest rates are the catalysts for the increase in investor interest. But even with this surge in investor interest, the four emerging markets are still a long way off from the 2007 boom days.

Lackluster commodity prices threw Brazil and Russia into a recession in 2014, and China didn’t help the situation. China was Brazil’s largest trading partner five years ago, but the Chinese manufacturing-based economy started to fall apart in 2012. Productivity and new orders continue to slow down GDP output in China, and that slowdown impacts the BRICS alliance. Chinese banks have too much bad debts on the books. The government is trying to hide the drain on capital reserves, but investors like Jim Dondero, the president of Highland Capital Management think, China’s debt could be the straw that breaks the global economies back over the next 18 months. India is the only country in the BRICS alliance that is posting positive GDP percentages. China GDP output is still better than most, but it is not as good as it was in 2012.

Even though there is renewed interest in BRIC equity funds, Dondero believes investors will support individual funds rather than the BRIC fund going forward. So far in 2017, Russia and Brazil funds received $1 billion each. That is the biggest inflow since the end of 2014. India funds received $380 million so far in 2017 because there is talk that India’s economy may be slowing down. India funds enjoyed cash flow of more than $2.3 billion in 2016.

The number of active BRIC funds continues to drop from the high of 106 funds in 2014. In 2016 there were 79 active BRIC funds. Net assets in those funds shrank to $4.87 billion from $7.6 billion in 2015, according to Jim Dondero.

The BRIC alliance is considered strange by many investors. Dondero and other investors say there are few similarities in those countries in terms of commodity use and commodity production. Many investors are concerned about the political systems in BRIC countries and that keeps many investors away.

James Dondero is a University of Virginia graduate with degrees in finance and accounting. James has more than 30 years of experience in the investment and finance industry. In 1984, he started his career at Morgan Guaranty. He was hired by American Express that same year. Jim spent four years at American Express before he took the job at a subsidiary of Progressive Life. In 1993, he founded Dallas-based Highland Capital Management with his partner Mark Okada. Dondero is responsible for the incredible growth of the company. Highland Capital has more than $16 billion in assets under management. Dondero is also known for his work with nonprofits in the Dallas area. The Highland Dallas Foundation supports several organizations in the Dallas area.

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How Everyone Can Afford to Own a Boat

April 29, 2018 by

boat1When regular people think about the hobby of boating, more likely than not, they imagine wealthy people, mimosas in hand, enjoying the sun and surf on their 40-foot yachts. For most people, maintaining this type of luxurious hobby is out of the question budget-wise. However, the truth is that boating can be as affordable as it is gratifying — if prospective boat owners are smart in how they save and spend on their vessels.

Owning a boat certainly isn’t cheap, but for those who are enchanted by the hobby and savvy with their budgets, boating can be reasonably priced and particularly rewarding.

Saving for a Boat

Saving for a boat is just like saving for any other major investment, like a house or a car. Before you start putting money into an account, you have to understand how much you already have available and how much you are willing and able to part with. Then, you should calculate how much your dream boat (or the affordable version of your dream boat) costs and evaluate how long you have until you want to get out on the water. With this information, you can instigate a savings plan that will help you accumulate enough money for your sailing dreams.

The most effective way to stay true to your savings plan is to make it happen automatically. For example, you should ask your employer to directly deposit a portion of your paycheck into a separate savings account. Then, you won’t eat into your boat savings when you dine out or go shopping because your money will be stashed in a separate account from your everyday expenditures.

However, there are dozens of other ways you can get in the habit of saving your money. For instance, you can:

  • Collect the coins from your wallet, purse, sofa, and car and keep them in a jar to be added to your boat savings.
  • Cut down on bad habits, like drinking, smoking, and retail therapy, which have a high price tag.
  • Avoid falling victim to coupon scams, which can trick you into buying items you don’t need.
  • Sign up for credit cards or rewards cards that have useful benefits.
  • Never punish yourself by saving; i.e. you shouldn’t necessarily diminish your current lifestyle in pursuit of a boat

boat_girlBuying a Boat

Before you start saving, you should do research into exactly what boat you want — after all, an inflatable isn’t going to cost nearly as much as a motor yacht. While you consider your ideal make and model, you should also entertain where and from whom you will buy your boat. Certain vendors can make a substantial impact on the price of vessels, so it is important to consider multiple sellers before you put money down for a certain craft.

A brand new boat may be the most desirable, but it certainly isn’t the most cost-effective choice. Like cars, boats begin to depreciate in value as soon as they leave the showroom, so you may be able to find a vessel that is barely a year old but costs more than 20 percent less than a new version. If you are open to the idea of a refurbished boat, you should also look into boat donation charities, who restore old boats and resell them at astoundingly low prices to benefit the community.

Maintaining a Boat

Owning a boat carries almost as many responsibilities as owning a pet: You must feed it (fuel, not kibble), wash it, and take it out every once in a while to ensure it runs healthily and happily. Unfortunately, all of these responsibilities require small additional investments in your vessel which can add up over time. However, there are a few tips and tricks at keeping maintenance costs low in the long run.

First and foremost, you should never neglect your boat’s most important parts: the hull and the engine. If either element falls into disrepair, you will face a choice between spending thousands of dollars in repairs or spending about as much on a new boat. You should be familiar with the necessities of your boat’s engine, including fuel, oil, and various fluids, and you should be diligent in keeping the hull painted and sealed.

For the most part, cleaning shouldn’t be an exorbitant expense. You can make plenty of boat cleaners with household ingredients, like vinegar, baking soda, and water. Additionally, most boaters agree that most cleaning needs are moot if you remember to give your boat a freshwater wash down after every use.

Other boating fees, including marina storage and insurance payments, may not be negotiable, unless you are willing to downsize your dream boat. However, if you have worked hard to afford your craft, you should find it easy to part with the nominal monthly fees that allow you to enjoy such a worthwhile sport.

 

Filed Under: Budgeting Tagged With: , ,

Recommending You Effective Forex Trading Strategies

March 23, 2016 by

In order to make good money in the market of currencies, a beginner should learn how to analyze the market and create Forex trading strategies on the basis of analysis he does. Certain rules of the market have to be followed by the market participants when trading in Forex. Among these rules is using a trading strategy which can turn an ordinary trading into a profitable trading activity.

Forex Trading Strategies Traders Use

The traders can use or develop the Forex trading strategies which are most suitable for them. Some of the traders use only the technical analysis method while others prefer fundamental analysis. While there are others which use both fundamental as well technical analysis for putting trades in the market. There is a big range of tools helpful to the traders for the analysis of the market and read the fluctuations. The beginner traders need to examine and test all the tools to become skilful in the market.

Support and Resistance levels

Traders use support and resistance levels strategy to determine when to enter and exit in a particular trade. Support is the lowest price level after which a price is likely to start moving upwards. The resistance level is the highest price level at which the Forex traders prefer to close the positions in order to cover the risk of a significant decline. The trends are tested and confirmed at the support and resistance levels. These support and resistance levels can be determined by analysis of Forex charts or previous support and resistance level determined for a period time for analysis.

Moving average Forex trading strategy

We can also recommend a moving average trading strategy. The moving average is used to determine a price over a certain period of time. The short term price fluctuations are eliminated and this strategy allows the trader to view the overall market situation. It is also used to indicate the future price movements whether up or down. If the price is above the moving average the market is bullish and the time has come to buy an asset. If the price is below the moving average the market is bearish and it is the time to sell the assets.

While using Forex trading strategies the traders should clearly understand that using a trading strategy needs discipline and the emotions should not be allowed to interfere. A strategy should be back-tested before using it with your account and a good amount of patience is required to see the strategy showing the results. It is of no meaning to keep on switching Forex trading strategies without giving proper time to any of them.

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