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Forex Spread

Forex Spread
Hi all, wondering if I could gather some help from the community, can you please send me an hourly chart of GBPCAD yesterday from your forex platform covering the early hours of 26 October when the market opened after the weekend? I am in dispute with my broker, they executed my order because the prices was pushed down to 1.70888 for a minute when the market opened and hit my stop loss, please see picture (both hourly throughout the day, and magnified to that minute which looks abnormal). However, the price of GBPCAD never went that low yesterday. I also checked the chart from my other account in IG Markets (see IG pic for comparison). One can argue it was due to spread, but by gathering your inputs, I also want to show them if they indeed have such big spread, how uncompetitive they are, not just compared to IG. Thanks!
1) Hourly chart of GBPCAD
https://preview.redd.it/m675o6flzfv51.jpg?width=750&format=pjpg&auto=webp&s=ecf55b0949fa5b95a1f9ed156b7d947f18ac404a
2) The above chart magnified to 1 minute
https://preview.redd.it/qx301ktrzfv51.jpg?width=750&format=pjpg&auto=webp&s=f4cce2b575078704d507441625c5696111367b2e
3) The same hourly chart form IG markets, where it never went that low
https://preview.redd.it/5gkbvxsuzfv51.jpg?width=750&format=pjpg&auto=webp&s=7509e0497eede6cdba2a9890f46936ff72920b04
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Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers
We have compared the best regulated binary options brokers and platforms in May 2020 and created this top list. Every binary options company here has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The broker comparison list below shows which binary trading sites came out on top based on different criteria.
You can put different trading signals into consideration such as using payout (maximum returns), minimum deposit, bonus offers, or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. This review is to ensure traders don't lose money in their trading account.
How to Compare Brokers and Platforms
In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from your country e.g. check US trade requirements if you are in the United States. Here at bitcoinbinaryoptionsreview.com, we have provided all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
  1. What is the Minimum Deposit? (These range from $5 or $10 up to $250)
  2. Are they regulated or licensed, and with which regulator?
  3. Can I open a Demo Account?
  4. Is there a signals service, and is it free?
  5. Can I trade on my mobile phone and is there a mobile app?
  6. Is there a Bonus available for new trader accounts? What are the Terms and
  7. conditions?
  8. Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
  9. Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices, and stocks – and how many of each?
  10. Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of the day, long term, etc?)
  11. How much is the minimum trade size or amount?
  12. What types of options are available? (Touch, Ladder, Boundary, Pairs, etc)
  13. Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
  14. Do they operate a Robot or offer automated trading software?
  15. What is Customer Service like? Do they offer telephone, email and live chat customer support – and in which countries? Do they list direct contact details?
  16. Who has the best payouts or maximum returns? Check the markets you will trade.
The Regulated Binary Brokers
Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.
Regulators - Leading regulatory bodies include:
  • CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
  • FCA – Financial Conduct Authority (UK)
  • CFTC – Commodity Futures Trading Commission (US)
  • FSB – Financial Services Board (South Africa)
  • ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organization. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.
Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.
Bonuses - Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment, or risk-free trade. Whatever the form of a bonus, there are terms and conditions that need to be read.
It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt-out’ of taking a bonus.
Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over-trade’. If the bonus does not suit you, turn it down.
How to Find the Right Broker
But how do you find a good broker? Well, that’s where BitcoinBinaryOptionsReview.com comes in. We assess and evaluate binary options brokers so that traders know exactly what to expect when signing up with them. Our financial experts have more than 20 years of experience in the financial business and have reviewed dozens of brokers.
Being former traders ourselves, we know precisely what you need. That’s why we’ll do our best to provide our readers with the most accurate information. We are one of the leading websites in this area of expertise, with very detailed and thorough analyses of every broker we encounter. You will notice that each aspect of any broker’s offer has a separate article about it, which just goes to show you how seriously we approach each company. This website is your best source of information about binary options brokers and one of your best tools in determining which one of them you want as your link to the binary options market.
Why Use a Binary Options Trading Review?
So, why is all this relevant? As you may already know, it is difficult to fully control things that take place online. There are people who only pose as binary options brokers in order to scam you and disappear with your money. True, most of the brokers we encounter turn out to be legit, but why take unnecessary risks?
Just let us do our job and then check out the results before making any major decisions. All our investigations regarding brokers’ reliability can be seen if you click on our Scam Tab, so give it a go and see how we operate. More detailed scam reports than these are simply impossible to find. However, the most important part of this website can be found if you go to our Brokers Tab.
There you can find extensive analyses of numerous binary options brokers irrespective of your trading strategy. Each company is represented with an all-encompassing review and several other articles dealing with various aspects of their offer. A list containing the very best choices will appear on your screen as you enter our website whose intuitive design will allow you to access all the most important information in real-time.
We will explain minimum deposits, money withdrawals, bonuses, trading platforms, and many more topics down to the smallest detail. Rest assured, this amount of high-quality content dedicated exclusively to trading cannot be found anywhere else. Therefore, visiting us before making any important decisions regarding this type of trading is the best thing to do.
CONCLUSION: Stay ahead of the market, and recover from all kinds of binary options trading loss, including market losses in bitcoin, cryptocurrency, and forex markets too. Send your request via email to - [email protected]
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Stake vs Hatch Fees Explained

--UPDATE--
In light of Christine from Hatch's announcement of a reduction to a flat $3 broker fee, I've updated in a new comment here.
Treat the direct comparison of $ below as incorrect (once Hatch update their pricing).
--Old Text--
I decided to undertake a fees comparison of the two platforms as Stake is launching on Tuesday.
Comparing Hatch and Stake, the long and short of it is:
Most people will do the latter and be DCA in to a lot of smaller companies so Stake will end up being a lot cheaper on the buy-in.
https://imgur.com/a/wkuiIl1
Comparing to US based companies, assuming you use Transferwise to deposit into a US bank account and there is no fee to transfer from the US account to their service, Transferwise appear to get a 0.6% better FOREX rate than Hatch did when I just checked - Transferwise was $0.6067 vs Hatch $0.6029 (I'm assuming the Hatch FOREX rate will be similar to Stake, can't check atm as I don't have a Stake account until Tuesday). So the break-even point for using Transferwise at current FOREX rates is about $250 (below Stake is better, above Transferwise is better), excluding IBKTD Ameritrade fees (TDA have no broker fees currently). Hatch will allow USD transfer but only if you email them so I don't think you can use this as your regular deposit strategy.
One thing to consider with IBKTD Amertrade is they are US companies who are not at all interested in your NZ tax requirements so will not help you at all in the process. Customer support will be harder to get, and using Transferwise is not a trivial process especially if you are doing very regular deposits it can become a PITA for a relatively tiny difference in fees (eg if you deposit $500/fortnight the difference in FX fees is about $3 per transaction, so just don't buy that bag of chips and save yourself the hassle of using Transferwise + foreign based company IMO - and this is coming from someone who even changes power and ISP companies every year chasing better deals!).
Once you want to withdraw money, Hatch is obviously cheaper at 0.5% (edit: despite the $8 withdrawal fee) compared to 1% with Stake (and they have a $2 withdrawl fee that will be pretty negligible if you have a lot of money invested). Hatch will do an off-market transfer of US shares so best strategy might be using Stake for deposits and Hatch for withdrawals.
Another benefit to Hatch is that they are Kiwi owned so I think more likely to be accessible in terms of Tax and customer support than an Aussie based company (Stake). Lastly with Hatch, if a company is less than $400/share then you should buy a series of Fractional share bids unless you are buying more than 2.66 share units, above that the $8 broker fee is better.
Edit: I had a user complaining about the withdrawal fee of $8 through Hatch. This is true if you are regularly buying and selling shares. Typical advice given here is directed to buy and hold strategies (so you only get stung once for a withdrawal after X number of years), if you want day trading advice there are other subs for that. See my comment here.
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Compare forex brokers | Forex brokers India

We Compare Brokers provides in-depth forex and cfd brokers for India. Use our forex broker, cfd broker and stock broker comparison tool, read reviews, and check our extensive testing data.
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BROKERZ REVIEW

Overview:

The trademark BROKERZ.COM is the sole proprietorship of BROKERZ LTD addressed offshore in Saint Vincent and the Grenadines. The trading assets of this broker includes FX pairs, CFDs on shares, several commodities, and many indexes. To get all the information about this broker please read this BROKERZ review.

About the BROKERZ:

Regulation and licensing is the most critical aspect of an online broker. Sadly, we were unable to find any information about the regulatory body that looks after this broker’s operation. The unregulated and unlicensed nature makes it hard to trust any broker. It also becomes a tedious job to recover investor’s funds. As a genuine reviewer, we warn all our readers to avoid such scam brokers. The local financial regulatory authority of Austria publicly warned about this forex fraud called BROKERZ. This broker makes efforts to provide out of the class facility to its traders and offers MetaTrader and WebTrader platform. Eventually, it fails to provide out of class and favorable trading conditions. The spreads provided in all accounts types are capped at 3 pips for the $/€ FX pair. These provided spreads are far higher in comparison with the average market spreads. The broker also takes $8 commission on each trade performed, it is nothing but the extra spread of 0.8 pips. This ultimately increases the trading cost and appears to be unfavorable to all the traders.
While talking about the advantages of BROKERZ it offers 3 different types of trading terminals. The super popular and time tested MetaTrader is amongst them. MetaTrader features MQL for strategy making, charting for current market situation, experts advice for a quick profit and many more. Another advantage we came across of this broker is its low initial investments. $250 is required to open a basic account with this broker and it is according to market condition. The maximum leverage of 1:100 is offered by BROKERZ and it can be beneficial to most of the traders as the minimum loss is associated with it as compared to the high leverage ratio.

Is BROKEZ scam or legit?

The offshore broker BROKERZ is unregulated and unlicensed. Also, there is a potential forex scam broker warning issued against it by the Austrian financial authority. The SVG based firms are treated doubtfully. All these facts force us to believe that this can be an investment scam. Avoiding such brokers is advised.
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Corredores de divisas | Compare forex brokers

We Compare Brokers provides in-depth forex and cfd brokers for Mexico. Stockbroker, forex broker and CFD trading platform comparisons and reviews. Use our stock broker comparison tool, reviews, and extensive testing data to find the right broker for your trading. Corredores de divisas
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Compare forex brokers | WeCompareBrokers

Make a quick comparison between Forex brokers Mexico. Over on the right of the screen, you will see two drop-down fields. Select the brokers you want to compare.
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Best Forex Brokers Mexico | We Compare Brokers

BEST FOREX BROKERS MEXICO 2020. Compare Mexico forex brokers for online trading We Compare Brokers provides in-depth forex and cfd brokers for Mexico. Stockbroker, forex broker and CFD trading platform comparisons and reviews.
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FUD Slaying: Why “DYOR” is More Important Than YouTube Videos and Internet FUD

Hello everyone,
I am here to discuss the recent FUD presented by a relatively unknown YouTube reviewer. I intend to discuss his methodology and the actual points themselves.
https://www.youtube.com/watch?time_continue=1&v=1hH5_FAEzyo
This is his YouTube video based on the document in question. He wrote the document. https://docs.google.com/document/d/1XQlAGIDPjDoQNHtzEWGdbO9i8MUkc4lZFKYLTZzMpYU/edit
First, to get this out of the way, the reviewer has only been around on the social media scene for a short while. The views of his videos are only in the hundreds and his twitter was created a week ago. He is basically a "nobody" at this point. I don't mean that to be disparaging. He literally came out of nowhere. He is unproven and his methodology is inconsistent and extremely questionable.
With that said, just because he came out of nowhere doesn't mean he might not have a point, so let's look at his rating methodology to get a better idea of his process.
Oh and if you do not want to read all this, here is the TL:DR: The guy doesn't know what he is talking about. He doesn't has much idea of what he is doing when writing reviews. His research is lazy. I actually feel I wasted my time responding to this, but I am going to do it anyway.
When rating a project, he uses the following categories: MVP (minimum viable product), ease of research, team, roadmap, community (bonus), solving a problem, does it need blockchain, token use, red flags, competition, presentation, token vesting, demand/value, scarcity, customer service, best in field (bonus), active use, size of market, development (bonus)
These are pretty good things to look at, but he failed to look at GitHub contributions (or other source code related sites), so he can't really tell if a project is scammy or not. So, how well did he check this stuff out?
Rating the team:
When looking at his review of GVT, the only way to get an idea of this person's methodology is to look at his reviews of other projects. When rating the team there are basically two basic routes a person can take. You can analyze the team itself, or you can bundle the team and the advisors together and rate the project as a whole.
The reviewer is inconsistent in his reviews. In this category he bundles the entire team and advisors on some projects whereas he just looks solely at the team in other reviews.
His research is absolutely lazy. He gave Polymath a 0 rating for their team, but their website links to their company LinkedIn page and lists all 26 employees. It was not hard to find this. Even if it weren't on the site, a simple google search would have revealed who the team is. Polymath has a great team with some decent “stars” on it. It makes no sense to give them a 0. The reviewer doesn't know what he is doing.
Difficulty in finding the team deserves docking points in "ease of research", and it does not deserve giving the entire category a 0. The point of this category should be to evaluate the merits of the team members, which is something he does not do in most of his reviews.
He gave Selfkey a perfect score stating: "Team: 20 Points - Superstar team and advisors" This means he is bundling the team and advisors together. If so, any issues with advisors deserves docking points from that category, not docking at additional 20 points because of one advisor.
Looking at Selfkey, I don't know where the he gets the idea that they have a "superstar team". What does that even mean? I checked their profiles. Some of them only came onto the project recently and their LinkedIn pages are nothing to write home about. Some of them don't even have LinkedIn pages.
He gave the GVT team 13 points, but then docked 20 points because he didn't like Charlie Shrem.
Do you realize the ridiculousness of this? The GV team category effectively gets -7/20 points because the reviewer does not like Charlie Shrem. That is worse than giving the team 0/20. Charlie is only one advisor with no actual power over the GVT team's operations. He cannot execute any commands over the GV team or force them to do anything. The GV team can fire Charlie. Charlie cannot dismantle the GV team. That power balance is important. The rating makes no sense at all. Also, he docked the Changelly advisor because his company has bad customer service? Really? What does that have to do with his ability to advise the GV team on the things they need from him? Fact of the matter is his business is still running. The same cannot be said for advisors of other projects (more on that soon).
If you are going to rate the team and include the advisors, the value should be 3:1 or even 2:1. Even if you gave the advisors a score of 0, the category score should not be that low. GVT's advisors are absolutely amazing. To call them weak is ridiculous.
With regard to Nuls: "Asian team, isn’t on LinkedIn. No way to research." They get 0 points because they are Asian and don't use the sites you like to use? The language used allows that statement to be interpreted in a very negative way. There are non-Asians on that team as well. There is a way to research them. There are bios of each team member if you scroll over the pictures. You can then use that information to do more research on them. You are just too lazy.
Looking at The Key, their members are definitely not "all-stars". Their team is unknown and they have 3 relatively unknown advisors, only one of which has a LinkedIn page. Love him or hate him, Charlie Shrem is a crypto superstar compared to these people. Interestingly they are more of an "Asian team" than Nuls. That didn't seem to affect the score much though.
He gave the Bounty0x team a perfect score, but he obvious didn't bother to research every member of the team or their advisors with much effort. As an example, Terry Li is the Bounty0x solidity developer. If you check his LinkedIn page you will find a few serious red flags. He hasn't held a job for over a year. He has no visible programming experience. He has been a solidity developer for 10 months with no prior history or proof that he can program well. I cannot stress this enough: you do not want your solidity developer to be a programming newbie. This will spell disaster for your project.
When you look at their advisors there are some serious red flags as well. I picked two advisors to research and I found out that both of them have had their companies fail. One of them even declared themselves unsuccessful in a Facebook post. I don't want a project to be advised by people with a bunch of failed startups. Changelly having bad customer service pales in comparison to advisors whose project's failed. Bounty0x's advisor team is filled with failed entrepreneurs and members of their team lack experience in the jobs they are assigned. Also, their "Backend and Solidity engineer" has only been with the project for a month, and his blockchain programming experience is nonexistent. They do not deserve a perfect score in this category.
GVT has a team with years of programming experience, but more importantly, they have years of experience programming financial software. These are exactly the type of people you need on your team.
To the reviewer: Either bundle the advisors into the team rating or give them a separate category. Do not be inconsistent in this category. Do not bring a team's ethnicity into play as a factor for anything. Please do actual research on all the members, and please define what it means to be a "superstar". Please learn to navigate websites. Polymath's team is there. Your inconsistency and lack of research in this makes you appear incapable of judging a team. There is no clear methodology here. All your reviews are questionable because of this.
Roadmap:
He gave 0 points to GVT for their roadmap being hard to read. But the key point is this: They have a roadmap. There is no reason to give 0 points in this category. Not only that, the roadmap is decently detailed with many goals and objectives. The roadmap isn't some simple points on a line like Enigma's roadmap. Speaking of which...
He gave Enigma 0 points for not having a roadmap at all.... But they do have a roadmap. The guy didn't do his research.
https://en.decentral.news/2017/12/27/ico-analysis-enigma-catalyst-realm-crypto-trading-machines/
It can be found here.
MVP:
Having a minimum viable product be worth only 10 points is ludicrous. Any project that has an MVP basically utterly destroys a project that doesn't. More importantly, the reviewer didn't actually bother to use the MVP on what he reviews.
He gave Polymath 0 points for their demo, but gave GVT 10 points for theirs.
I am going to be blunt about this. GVT's demo is a non-functional interface demo. GVT's MVP comes on April 1. Polymath does not deserve a 0, and GVT does not (as of 3/21) deserve a 10. They both deserve a 5. He didn't bother to actually check out GVT's demo, which goes to show he doesn't actually research things properly.
He gave Enigma a 3 for an MVP not available to the public and Selfkey a 5 for an MVP not used by the public. Eh?
He gave the Authorship a 10 for their MVP but claims he cannot find any info about them. How is that supposed to work?
He gave Po.Et 0 points for their MVP because he couldn't find it.
Here you go buddy: https://github.com/poetapp/wordpress-plugin
It's right there. You just failed to find it. It isn't their fault your research is bad.
Ease of Research:
The reviewer either needs to dock points for research being difficult in their respective categories or dock research being difficult in this category. Do not "double dip" and dock points in both categories. This category is irrelevant since the reviewer already docks points in their respective categories. Also, this category is subjective because it is based on the reviewer's research skillset.
Community:
He uses coingecko's score or numbers from their telegram channel but there isn’t much evidence that he actually bothered to check out their communities much. Reeks of laziness and has nothing to do with the quality of a community. This really shouldn't even be a category if he is going to give points based on this. High telegram channel members has little meaning.
Solving a problem:
The reviewer’s inability to understand the problem that a project solves should not be held against it. Polymath is quite clear in the problem it solves.
He gives projects that solve problems of identifying people a 10, but gives projects that solve problems of identifying intellectual property a 3. That makes no sense. Those are both problems that need to be solved by the blockchain. The idea that he finds one more important than the other is clear bias.
Token Use:
The author does not understand the GV product. GV is platform agnostic, and more importantly GVT needs as little outside influence as possible. There is a very specific reason why GVT has to be used in place of ETH. ETH would technically be a middleman in this sense. GV's success is not meant the be tied to ETH's success or ETH token price manipulation. GV's success isn't even meant to be tied to crypto's success. GV is designed to succeed even if ETH or crypto fails.
GVT actually deserves a 10 in this category. GVT is needed to use the platform. Money is transferred using GVT. Profit is returned using GVT. Other services such as GV Markets will also function using GVT as gas. The utility of GVT is needed in all aspects of the platform. This gives the token great utility and investment value. If 1 Billion is invested through the GV platform, GV's market cap includes that 1 billion because the token is needed to transfer that 1 Billion around. This provides great incentive to invest in the platform and a great reason for the token price to grow in value. No other project that this much incentive or ways to bring value to their token as much as GVT. I am surprised the reviewer cannot see this.
GVT is also market agnostic. The entire crypto market can fail and GVT can still maintain value through profits brought in from the Forex and stock markets. This will make it extremely resilient over time.
Presentation:
The purpose of GVT is quite clear. It is broken down on the website and the presentation clearly explains why it is needed as all levels of trust management including the brokers, customers and managers. All that info is very clear on the front page of the site. 0/10? GVT presentation isn't the problem here. It seems the reviewer only watched the video which is just one part of the presentation. Everything is on the site and in the whitepaper, which the reviewer apparently didn't even fully read.
Token vesting:
He colors it yellow for GVT but green for other projects that also get 5 points... visual bias is apparent. He gave one project a 10 for an 18 month vesting period and a 6 to another project for the same period with little justification for such a disparity.
Supply/Scarcity:
GVT receives 3 points because 44M tokens were available during ICO but only sold about 4M. This makes him believe that they didn’t create much demand. “Everyone who wanted GVT got it.” The US and Singapore could not participate. Also, Bounty0x failed to reach their soft cap, but the reviewer didn’t dock any points for that. If everyone who wanted GVT got it then the marketcap wouldn’t be where it is today. What a terrible assumption he made.
Competition: He gave GV a 5/10, but his reasoning made little sense. “Covesting and coindash are used to trade cryptocurrencies while GVT is for cryptocurrency AND non-crypto trading. They will still compete for a portion of the same market. People will have only so much fiat to invest.” You do not use fiat to invest in Covesting or Coindash. Also, GV will allow people who are into stocks or forex to bring their money into crypto. No other coin is doing what GVT does. Covesting and coindash, arguably, are projects that try to compete against just one part of the entire GV platform. GVT is more than that and should have a higher score because there is basically no competition. There is competition for some of its features, but not for the platform as a whole. He gave Bounty0x a 20-point bonus for "Best in Field"... but they are the best because they have no competition. As a matter of fact, there is no reason for a 20 point "best in field category" when you already have a competition category worth 10 points.
He gave Funfair a 5/10 even though he states "No competition in FunFair’s niche"... That would automatically make it the best in its field if it has no competition as well.
Why does a project that has no competition effectively get 30 points (10/10 + 20), while another project with no competition get only 5 (5/10 + 0)? I will tell you why. It's because the author doesn't know what he is doing.
Guy's I am going to be honest. I am tired of doing this. You get my point. His reviews are an inconsistent and poorly researched mess. I've written around 8 pages worth of content covering this. If there is anything else you need me to compare, please write it in the comment section.
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Ripple-overview of cryptocurrency features

Blockchain technology is multifaceted and allows you to implement the most daring and unexpected projects, which are significantly superior in all respects to the very first cryptocurrency – Bitcoin. One such project was Ripple, which was originally created as a faster, safer and cheaper alternative to interbank transfers. Thanks to the efforts of developers and moving away from the traditional structure of the distributed network, Ripple eventually became one of the few projects that combine the functionality of a payment system and a universal platform that allows participants to exchange liquidity for various assets, including but not limited to Fiat currencies.
Ripple cryptocurrency is often compared to Bitcoin, but not because they are similar. On the contrary, we are talking about such large-scale differences that part of the crypto community doubts whether Ripple is a cryptocurrency? Judge:
To ensure high performance and increase throughput, developers had to abandon the traditional distributed network system, where each participant has equal rights with the rest. In the ripple network, node computers have more privileges – they are in constant relationship, searching for consensus and forming a ledger-a distributed database that is similar to the Bitcoin blockchain, but still is not a chain of blocks in the "classical" sense.
The very idea of blockchain implies the creation of an unbroken and unchanging structure. It is impossible to cancel an already committed transaction that has passed through the block mining procedure. This statement is true for the Bitcoin network, but not for Ripple, which officially has a procedure for cancellation of payment, and therefore-and a single control center, which can affect the functioning of the entire system. The fact of violation of one of the fundamental provisions on the structure of decentralized anonymous networks, which directly points to the equality of powers and rights of each of the participants, is the main reason for the heated debate about the true nature of Ripple. Based on the analysis of official information from developers, it is really hard to decide whether Ripple is an ordinary payment system that successfully "masquerades" as a cryptocurrency or it is an innovative solution, one of the few that is able to link the world of the real economy and cryptocurrency .
If we continue the line of comparison with Ripple and Bitcoin, one of the most fundamental differences between them will be the complete absence of mining. Immediately after the launch of Ripla, 100 billion tokens of the internal cryptocurrency XRP were "PreMain". To date, only 55% of the total number of coins issued is in circulation, but since January 2018, developers have been putting 1 billion XRP into circulation through exchanges every month. The concentration, in fact, in one hand more than half of the entire money supply inevitably generates talk about the high risk of investing in this cryptocurrency. In addition, there is one unpleasant moment in the history of Ripple related to the attempt to sell a large number of XRP coins by one of the former members of the development team, which does not add to investors ' confidence in the overall reliability.
But the most important difference between Ripple is a fundamentally different purpose of cryptocurrency. Bitcoin was conceived as an anonymous payment system, but has turned into an investment tool for those who love risk, and the entire Bitcoin network is actually only engaged in servicing transfers between participants. The creators of Ripple do not try to use competition among token holders to increase the overall capitalization of the system. One of the confirmations of this point of view is the constant rise in price of the Bitcoin mining process, which serves as one of the factors pushing its rate up. But Ripple Labs chose a different strategy: they are trying (and not without success) to attract major players in the financial market, offering them to become members of the network and supply liquidity (live Fiat money). The role of the internal cryptocurrency is reduced to the function of a universal transmitting and connecting link between counterparties that can not carry out direct conversion operations between the used instruments from the world of the real economy.
In fact, Ripple is a combination of traditional and decentralized payment systems: the search for consensus and the implementation of transfers are entrusted to nodes that are large financial institutions with their own funds in Fiat currencies. And if other projects of the crypto world issue slogans about the imminent and imminent demise of the traditional banking sector under the influence of blockchain technology, Ripple, on the contrary, expands the horizon of possibilities of banks and financial institutions, offering them a more profitable and universal algorithm for domestic and international payments.
But, despite the fact that Ripple has existed for quite a long time, while it is a competition to the same SWIFT only formally: daily turnover is not comparable either in volume or in the number of operations. And although Ripple is consistently moving towards attracting more large participants (American Express and Money Gram have already become partners), it is still very far from the level of a global and universally recognized payment system.
For a private person, Ripple is not only a convenient payment system with guaranteed liquidity and instant transfers (but not anonymous-this is the requirement of member banks and legislation). Due to the presence on the largest crypto exchanges, private investors can successfully earn on fluctuations in the exchange rate of XRP to the dollar and other cryptocurrencies. The second way is to trade through a Forex broker company, you should choose a dealing center that offers a CFD (contract for difference) with Ripple-there are not very many of them yet.
More https://brave.com/fra293
submitted by chapikla to u/chapikla [link] [comments]

Forex Brokers has been created

Investing in uncertain times can be risky but lead to great opportunities. If you are looking for a forex broker have a look at Comparebrokers.co a broker review and comparison website [forex Traders]https://comparebrokers.co/compare/forex-brokers/)
submitted by mbm789 to TradingForexBrokers [link] [comments]

Forex Brokers has been created

Investing in uncertain times can be risky but lead to great opportunities. If you are looking for a forex broker have a look at Comparebrokers.co a broker review and comparison website https://comparebrokers.co/compare/forex-brokers/
submitted by mbm789 to NewForexBrokers [link] [comments]

Choose Best Forex trading platform for beginners - Topinvesto

Choose Best Forex trading platform for beginners - Topinvesto
The German Forex trader list is a profitable option, but you should know that it is a risky affair as well. Compare best Forex trading platform for beginners with our reviews and comparison table. Find out what each broker has to offer and how you can start trading with them today! Contact the Best Forex trading training in Germany.
https://visual.ly/community/Infographics/business/best-forex-trading-platform-beginners

https://preview.redd.it/ryy2zh1r4g931.png?width=800&format=png&auto=webp&s=14a9919cf3d66331d6883de174e99181b3819f9c
submitted by topinvesto to u/topinvesto [link] [comments]

Choose Best Forex Broker in Singapore - Best German Forex Brokers

Choose Best Forex Broker in Singapore - Best German Forex Brokers
The Best Forex Broker in Singapore Forex trading is a profitable option, but you should know that it is a risky affair as well. Compare top Forex Brokers with our reviews and comparison table. Find out what each broker has to offer and how you can start trading with them today! Contact the Best Forex Broker in Singapore today!!
https://visual.ly/community/Infographics/business/best-forex-broker-singapore-best-german-forex-brokers

https://preview.redd.it/b0ckp9gh57b31.png?width=800&format=png&auto=webp&s=c84bb784030799ce5c9a3ac96a2cec078b444c12
submitted by topinvesto to u/topinvesto [link] [comments]

What Is Forex?

What Is Forex?

A New Era

Although it might seem easy to invest in Forex nowadays, by just logging into an account with a broker, deposit some money and start actively trading; it has not always been like this, as forex industry has rapidly changed in the past three decades.
Before technology and free-floating currencies took over the industry, world currency exchanges were operating under the Bretton Woods System of Money Management. This agreement established rules for commercial and financial relations among top economies, tying their currencies to gold. Hence, a currency note issued by any world government represented a real amount of gold held in a vault by that nation. When in July 1944 delegates from all over the world sign off the pact, the main goal was to reduce lack of cooperation between countries and therefore avoiding currency wars. This process of regulating the foreign exchange brought to the foundation of the international money fund (IMF) and the International Bank of Reconstruction and Development (IBRD), today part of World bank Group.
However, in the early 70s the real-world economics outpaced the system, dollar suffered from severe inflation cutting its value by half. At that time unemployment rate was 6.1% and inflation 5.84%. Finally, in August 1971, U.S. government led by Richard Nixon took away gold standard, creating the first fiat currency and replacing Bretton Woods System with De Facto. Together with this there were other important measures taken by the USA president to combat that high inflation regime:
  1. This decision was driven by many European nations asking to redeem their dollars for gold, till leaving Bretton Woods System. This had an enormous impact on USD which plunged against European currencies. Consequently, USA congress release a report suggesting USD devaluation to protect the currency from foreign gougers. However, dollar dropped again, and Treasury Secretary was directed to suspend the USD convertibility with gold; hence foreign governments could no longer exchange their USD with gold.
  2. The inflation level was skyrocketing and one more action taken by Nixon was to freeze all wages and prices for 90 days, this was the first time since WWII.
  3. Import surcharge of 10% was set up to safeguard American products ensuring no disadvantage in trades.
Today, USD dominates financial markets, accounting together with the EURO, for approximately 50% of all currency exchange transactions in the world.
1971 represents the beginning of a new forex trading era, bringing this market to be the largest and most liquid in the world, with an average of daily trading volume exceeding $5trn. All the world’s combined stock markets don t even come close to this, what does this mean to you?
In an environment which is controlled by free-floating currencies moving constantly, following principles of supply and demand, there are constant and exciting trading opportunities, unavailable when investing in different markets.
In this article are shared main features of what is forex trading today and how can be an incredible new source of income for everyone who is into financial markets.

What Is Forex?

Forex is the acronym for foreign exchange which intends to be a decentralized or over the counter (OTC) marketplace, where currencies from all over the world are traded 24 hours, five days a week. Main financial centres include New York, Chicago, London, Tokyo and Frankfurt for Eurozone. It is by far the largest market in the world in terms of volume, followed by the credit market. Being highly liquid is an important feature that allows traders to be able to enter and exit their positions very quickly. Nevertheless, while trading forex, an investor should be aware of several components:
Dynamicity – forex is an extremely fast environment, this means that currency rates can move very fast, influenced by price action signals and fundamental factors. Therefore, going into forex trading, one needs to be aware of adopting serious risk and money management strategies in order to be effective, limiting losses.
Zero Sum Game – trading forex is not like investing in the stock market but is known to be a zero-sum game. For example, going into the equity market buying some tech shares, they could both rise or decrease in value. In forex is different because currencies work in pairs; for instance, an investor decides Euro will go up he or she is doing it against another currency. Thus, in this specific marketplace one currency will rise while the other will fall, meaning an investor is buying the currency hoping it will appreciate to the other, or selling the one that will depreciate.
See image below:
Figure 1: Main traded currency pairs
https://preview.redd.it/vu77ziuoyle31.png?width=574&format=png&auto=webp&s=9b1693bf27508fcb142705c309de1fc5b3e8fa19
Currency pairs are composed by a base and a price currency. Main forex trading principle is how much price currency an investor can buy using 1 unit of the base, thus, the base currency, which is the first one in line within the quotation, is always equal to 1.
Because like every financial instrument currency pairs are driven by fundamentals of supply and demand, forex is intensively influenced by geopolitical and macroeconomic factors.
Capital Markets – these are the most visible indicators of a country economic health, where usually the healthier the economy the stronger the currency. For example, a rapid sell-off from a country will show that nation is not economically stable, subsequently investors will think negatively of it depreciating its currency.
Moreover, many countries are sector driven, this means that their currencies are strictly correlated with certain resources. For instance, Canada which is a commodity-based market, CAD is strictly linked to price of Brent and metals, a swing in those will affect the Canadian currency.
Finally, credit market is also connected to forex since also relies heavily on interest rate so, a change in bond yield will have major impact on currency prices. like increase in yield will favour bullish market for USD
International Trade – Trade levels serve as a proxy for relative demand of goods from a nation, a country which goods and services that are in high demand internationally, will experience an appreciation to its currency. This is an effect driven by all other countries converting their currencies into the one of that state to purchase its goods and services. Let’s say a product from USA is in high demand globally, all the other countries must sell their currencies to buy dollars to then see their goods shipped, thus USD will appreciate.
Trade surplus and deficit also indicate a nation competitive standing in international trade. Countries with a large trade deficit are usually importers resulting in more of their currencies being sold to buy goods worldwide, thus they will see their currencies devaluate.
Geopolitics – The political landscape of a nation places a major role in the economic outlook for that country and consequently, the perceived value of its own currency. Beside building up price action strategies, based purely on price levels, forex traders constantly look at economic calendars and news to gauge what could move currencies. A geopolitical event which is having a great impact on GBP, is the election of Boris Johnson as UK prime minister, driving the local currency to 2 years low, yesterday 29th of July 2019. Therefore, when investors observe instability from a nation political environment, there are high chances that the currency of that country will depreciate.

Why Trading Forex

Beside swapping from a gold standard to free-floating, which change the whole forex trading game, technology is another crucial factor that helped this financial sector to spread globally. With the introduction of internet in the 90s forex opened to retail investors giving access to various trading platforms. The introduction of online platforms and retail investments have increased forex market volume by 5%, up to $250bn of its daily turnover. Different traders may have different reasons for selecting forex, however, mostly is because this is a fertile market plenty of daily opportunities to gauge price action and profit from it.

Volatility

How traders profit from trading forex? Basics of trading are rather simple to understand. An investor buys an asset at a certain price hoping to get rid of it for a higher price. The more volatile is the market for that specific financial instrument, the more revenue is possible to make. Therefore, a trader is looking for long up and down moves rather than market fluctuating sideways.
Volatility is great in forex and a trader can expect to regularly see prices oscillating 50-100 pips on major currency pairs almost any day of the week. Yet again, due to this enormous constant fluctuation, potential losses or gains can be very high thus, rigours money management must be applied to avoid major damages and become a profitable trader. To conclude, volatility is the main characteristic investors are looking at and that is why it is one of the main feature traders can take advantage.
See image below:

Figure 2: FDAX Volatility, H4 (30th May 2019, 16:00, 30th July 2019, 16:00)

Accessibility & Technology

While volatility is the most important element out in the market that tell us why forex is the best market to trade, accessibility comes straight after. This market is more accessible than all the others, trading forex requires an online desk position and as little as $100 to start off an account.
In comparison with the other financial markets, forex requires a rather low trading capital. Moreover, trading forex can be easily accessible from your PC, tablet or mobile since most of retail broker firms operate online. Although, accessibility cannot tell the quality of the market by itself, it definitely shows a reason why many investors try their first trading experience on forex.
Also, the rapid introduction of technology since the 90s, made trading much easier. There are every year more advanced online platforms to trade on with many possible updates and that is why trading forex is edging for many global investors.

Forex Players

Before the introduction of free-floating currency and more importantly cutting hedge technology, forex was a market that could have been traded only by institutional investors. Nowadays however, even retail and individual investor can take advantage of the huge volume forex offers every day.
Banks
Interbank market is the major responsible for the high volume registered daily in forex. This is the place where banks exchange currency among each other, facilitating forex transactions for customers and speculate for their trading desks.
  • Clients transactions: in this case banks of all size act as dealer for clients, where the bid-ask spread represents the profit for the institutions.
  • Speculation: currencies are traded to profit from their price fluctuations as well as to increase diversification on their portfolio
Because banking institutions are the biggest players in foreign exchange market, they are able to push up and down the price of currencies giving an extreme advantage and higher volatility to individual traders who are trying to gauge price moves.
Central Banks
Central banks representing their nation’s government, are crucial in forex. They oversee monetary and fiscal policies having massive influence on currency rates. A central bank is responsible for fixing the price level of its native currency on the market, in other words they take care of the regime currencies will float in the open market.
  • Floating: these are the currencies which price floats on the open market based on principles of supply and demand relative to other currencies
  • Pegged (fixed exchange rate): opposite to floating currencies pegged ones are not free-floating in the open market however, their government rather tie them to the value of a stronger foreign currency. Pegged currencies are more seen in developing countries (CYN to USD).
Because central banks manage interest rates in order to increase the competitiveness of their native nation to another.
  • Dovish: these policies will be lowering down interest rates. A central bank which applies dovish conditions aims to give economic stimulus and guard against deflation. Usually a policy intended to give economy stimulus will weakening the currency value.
  • Hawkish: on the other hand, hawkish policies lead to an increase in interest rate. A central bank that uses hawkish measures aims to reduce inflation. Typically, this kind of policies will reinforce the country currency value.
Investment Managers & Hedge Funds
Portfolio managers and hedge funds are the second investors in forex after central and investment banks. They are hired by huge institutions such as pension to manage their assets. However while portfolio managers of pool funds will buy currency to speculate on foreign securities, hedge funds execute speculative trades as part of their strategies.
Corporations
Also international corporation play a big role in forex. Those firms operating globally, buying and selling goods and services are involved in forex transactions daily. Imagine an American company producing pipes that imports Japanese components and sell the finished product to China. After the sale is closed the CYN must be converted back to USD, while the American company must exchange USD into JPY to repay for the components supply.
Moreover, company involved in international trade have an interest in forex in order to hedge the risk associated with currencies fluctuations making several foreign exchange transactions. For instance, the same American company might buy JPY at spot rate, or enter a swap agreement to obtain JPY in advance, overtaking the risk of the Japanese currency to rise in the future. Therefore, forex become crucial to run companies with many subsidiaries and suppliers all over the word.
Individual & Retail Investors
Even though this investor cluster brings to forex a very limited volume compared to financial institutions and corporations, it is rapidly growing in numbers and popularity. These base their trades on a mixture of fundamentals and technical analysis.
Bottom line, main reason why forex is the most traded market in the world is because gives everyone, from top financial institutions to retail and individual trades, opportunities to make returns on capital invested from currencies price fluctuations related to global economy.
submitted by Horizon_Trading to u/Horizon_Trading [link] [comments]

Oanda's spreads are HUGE Part 2

In my first post I compared Oanda's spreads to other legitimate brokers. I received criticism (see below) because I compared spreads on the weekend and brokers with different business models (Market Makers vs ECN).
In this post I used the same mechanics to compare brokers, except I used average spreads, not current, from 30/11/16 20:07 GMT+3 to 6/12/16 20:07 GMT+3, and included comissions into the spreads.
Oanda: 1.50
FXCM: 1.16
Forex.com: 1.96
Pepperstone: 0.90
Darwinex: 0.94
IC Markets: 0.85
Exness: 1.14
RoboForex: 1.01
Although Oanda's spreads have reduced and are smaller in comparison to other brokers, broker spreads ranking hasn't changed. Oanda has the second highest spreads after Forex.com. IC Markets has nearly half the spreads of Oanda's, even after including commissions. I am leaning towards opening an account with Pepperstone or IC Markets more than ever before.
Although spreads are a major factor in choosing a broker, they do not represent execution quality, slippage, or any other fees of a broker.
While this is true, why open an account with Oanda over Pepperstone, for example?
Hall of Criticism
NormanConquest:
You're doing it wrong. Never in 3 years as an Oanda client have I seen eurusd with an 8 pip spread. When we're you looking, Sunday night? Eurusd is usually around 1.2 pips, sometimes less than 1. However you're finding them, it's not reporting them right.
KidUnidentifiable:
You can't just compare spreads with brokers using different business models. http://prntscr.com/d3tjme If you look at the spreads of ICMarkets (I use) and Oanda, they don't differ by much really. That's because you need to integrate the commission ICMarkets charge and integrate it into the spread. Once you do, they don't differ by much.
submitted by JacobM00re to Forex [link] [comments]

Best UI trading platform for futures?

I come from CRYPTO and am accustomed to simple but effective trading user interfaces.
I downloaded Interactive Brokers program to mess around with and is a bit complex and feels cumbersome, atleast for now.
Does any one recommend alternatives for futures trading? More specifically, scalping and in an out trades from 5- 30 minutes

Also, I am looking in to forex ( I am liking oandas trading plat form very much so in comparison to IB )

Are futures fees etc usually cheaper compared to forex?
submitted by thelakesh0w to Daytrading [link] [comments]

How to Trade Cryptocurrency | Unicoin DCX

How to Trade Cryptocurrency | Unicoin DCX
How to Trade Cryptocurrency | Unicoin DCX
Cryptocurrency trading is carried out across various platforms. As a result, day by day we can see tremendous growth in the volume of these trades. There are several methods to carry out cryptocurrency trading. Various brokers and exchanges are there that offers the facility of leverage in cryptocurrency trading. However, margin trading in cryptocurrency is different from the margin trading of others forex or commodities. In cryptocurrency trading, traders may opt for a loan to fund the initial margin amount. Cryptocurrency is also sometimes called a crypto coin. Some of the popular crypto coins available in the market are Bitcoin and Ethereum. Trading is possible with cryptocurrencies in the form of CFDs and futures. Cryptocurrencies can be traded in the form of CFDs, futures or buy to store for a different purpose. Crypto coins trading is of high risk and rewarding nature, therefore examining different techniques to carry out trades can be a better idea.
1.Selection of the Trading Platform You need to go for little research for finding the suitable platform for your kind of investment and your ease of trading methodology. There are web trader, desktop trader, and apps which are available to be chosen. As this is concerned with your security and usability, you need to opt as per your convenience. For this, numerous web portals are available which provides comparative information about the exchanges and their schemes as well. However, the traders need to be very vigilant about such Ponzi offers as it might attract the trader’s attention. Filter out those and select only the reliable platforms.
2.Selection of the Coins Selection of the coins is a very crucial step as there are many coins available in the market that are either very high value or low value as well. Therefore for an obvious conclusion about the choice of a renowned and reliable coin, the value of the market cap is taken into account. Analyzing the investment capability and the market growth potential of the coins, you can rely on and select. Few coins have the good potentiality for growth even if their current value is low as compared to some high worth coins. However, their future potential is still unclear. Coin Selection is, therefore, a crucial aspect of analysis. To get a clear picture for selecting the coins, you can also seek help from your known experience traders.
3.Research for Low Price Prediction There is a level point for every financial security like in commodity, forex, shares and same in the crypto market too. If you have a good entry point then definitely, you can make money. For the same, you have to research the different technical levels which can provide low price for buying the coin and higher level for an exit point for sell off if you are in CFD mode and if not then you may keep safe and secure in the wallet itself. There are various technical tools available which may help out to find the lower level for buy entry and those are the same tools in case of forex or other derivative instruments. It is a general understanding that to buy at low and to sell at high for taking the profit. You are required to conduct a fundamental and technical analysis to forecast lower price entry.
4.Trade and Store in a Secure Wallet It is the final step when you need to click for buying the coin. After confirmation, your wallet holds the desired cryptocoin, and it is designed to transfer the cryptocoin to the designated wallet in the encrypted format which is secured. However, the traders must care to protect the private keys to avoid hacking, fishing of security code or cryptocurrencies.
The above discussions might have provided enough information regarding trading in cryptocurrency, but you may look into more information about crypto trading as cryptocurrency is quite technological and day-by-day it is being upgraded to the next level. Cryptocurrency trading is thought to be more secure in comparison with the other securities because of the implication of the blockchain technology since we know that the blockchain technology is the base for all cryptocurrencies.
Unicoin DCX is a secure platform which makes easy for you to buy cryptocurrency, sell, and store the cryptocurrency and Bitcoin, buy Ethereum, and more.
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Account Comparison | Online Trading | Continuefx | - ContinueFX

Compare forex brokers is the leading forex broker account comparison site for beginne visit website : https://continuefx.com/account-comparision/
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Next step after Robinhood?

I've been trading on Robinhood for a year and have been enjoying it quite a bit. It's obviously great for basic trades and what not, but I'm starting to get to a point where I would like to be able to do some things that are currently beyond what the app offers.
Primarily, I'd like to be able to purchase OTC ADRs (or the actual foreign listing) and start doing some basic option trades, potentially getting into some limited Forex trading in the future.
Some cursory research has me thinking etrade, td ameritrade, optionshouse, or scottrade are probably the best bets,
but was wondering if anyone had any thoughts or recommendations on what they feel would be a good "next step" after Robinhood?
submitted by shatzer22 to RobinHood [link] [comments]

About the BITEX.ONE

About the BITEX.ONE

https://preview.redd.it/fsjc1w0q8jr11.jpg?width=1590&format=pjpg&auto=webp&s=00099197b71aea50a43f32219cc36f8fa7c8bf7d
Background
The use of cryptocurrency is spreading fast among business communities around the world. One niche with great potential for cryptocurrency use is the market of traditional tradable assets of foreign currencies, shares, bonds, interest rates and minerals.
As soon as the right regulations on blockchain are put in place, traders will be able to use cryptocurrencies such as bitcoin to trade assets. The doors will be wide open for institutional investors, international manufacturers and merchants to start using cryptocurrencies for transactions. Paying for delivered products with cryptocurrencies will greatly reduce transaction expenses since the system is fast, secure and free of additional fees. These qualities will enable buyers and sellers in these markets to guard against risk and save a little cash.
You can imagine the asset demand the use of cryptocurrency in the stock markets would create. The volume of speculation and hedging operations of traders will grow significantly. Combined with high-frequency robots and trading algorithms that help perform transactions faster and more accurately, the market volumes and the income of trading platforms is bound to skyrocket.
Market analysis
As per the Bank for International Settlements (BIS) over the counter derivatives were traded for a whopping $632.5 trillion in 2012. In the same year, traditional exchange markets garnered $52.5 trillion. When the two are compared, the former made 92% of the global derivative market while the latter only made 8%.
For comparison
According to WTO,
· Global commodity trade made: $18.255 trillion in 2011, $18.323 trillion in 2012,
· Service trade made: $4.2433 trillion in 2011 and $4.4232 trillion in 2012
These values are still way behind the derivative market trade volumes.
What are the challenges?
Delving into the asset markets with cryptocurrencies as a means of trade comes with a few challenges. For one, it is difficult for private persons with small investments to access these markets. And even if you were a big corporation, there is currently no opportunity to trade with exchange asset derivative instruments that are expressed in cryptocurrencies (Bitcoin, Ethereum, Litecoin.)
How Traditional Stock exchanges work
Trading is carried out with the use of fiat currencies and is performed through brokers. The brokers work for huge corporations hence the high expenses and large volumes of transactions. The volume of one trade at exchange markets with the real delivery of currency on the second working day could make up to about $5 million.
On the other hand, the cost of one conversion transaction makes from $60 to $300. On top of these costs, a trader could spend up to $6000 a month for interbank information and trading terminal. This is obviously not conducive for small-scale traders.
In order to curb the high costs of trade, two American stock exchanges, CBOE and CME introduced trade with futures for BTC at the end of 2017. The only problem is that they impose high requirements on the lot size. Another challenge is that futures at these stock exchanges are calculated and not delivered hence trade participants cannot actually buy BTC.
Curbstone brokers
Curbstone brokers or otherwise known as ‘bucket shops’ are forex brokers who offer clients small transactions without registering them with the interbank market. The brokers act as an opposite side in a transaction which means that the client's profit turns out to be the broker’s loss, and the client's loss - into broker's profit. This conflict of interest has resulted in brokers manipulating charts to make transactions of their clients unprofitable. Bucket shops do not publish reports on transactions, which makes activities of such brokers non-transparent.
Of late, many of them have begun offering trade with cryptocurrencies. It makes trading flexible but not ethical and trustworthy as it is with the traditional stock exchanges.
As a matter of fact, this lack of trust in curbstone brokership has led to their ban in some countries where they are considered fraudulent.
So what is the solution?
Cryptocurrencies have enabled ordinary people and investors to save and grow their money discreetly away from unfair control or seizure by state regulatory bodies. The use of cryptocurrency in the blockchain network is a powerful expression of freedom that should be spread across all trading platforms.
In this regard, we believe in the development of future exchange asset derivative instruments that make use of the available cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and other high-liquid cryptocurrencies.
This will make bull or bear traditional assets widely accessible to professionals and beginning traders. More importantly, there will be lower transaction fees about 0.05% when compared to spot exchanges (Bitfinex, Binance, Kraken, and Poloniex) that charge in the range of 0.1 to 2%.
BITEX.ONE
BlTEX.ONE is one such innovative trading platform that allows for international trading with assets expressed in cryptocurrencies with a transparent transaction system for the customers. It also has anti-fraud prevention measures to guard against chart manipulations.
The platform allows traders to increase their Bitcoins by speculating on the changes in the price of accessible traditional exchange assets such as the dollar, the euro, gold, oil, beans, cocoa or share indexes.
Mission
Our greatest mission is to bring the usage of blockchain and cryptocurrencies into the trading arena. We believe that the creation and functioning of the BITEX.ONE platform for trading with futures on traditional assets would achieve this.
The growing popularity of cryptocurrencies in many developing countries will soon provide them with a legitimate status through effective legislation. When this plane takes off, we want to be ready with an elaborate platform for institutional investors to use cryptocurrencies as investment instruments. Working with futures on traditional assets will create an opportunity for investors to make substantial profit for their customers.
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How Compare Forex Brokers - Forex Bonus Lab - Find Best Broker How Compare forex and stock brokers for trading on ... comparing TOP 5 Forex brokers Part 1 comparing TOP 5 Forex brokers Part 4 Compare Forex Brokers - YouTube Not known Facts About Forex broker comparison - Compare ...

Here are the top Forex Brokers. Compare Forex Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side. All brokers below are forex brokers. Learn more about what they offer below. You can scroll left and right on the comparison table below to see more forex brokers that accept forex clients Compare Forex Brokers - 2020 When you’re choosing a Forex / CFD broker, you’ll want to find out all the important details about the best candidates and weigh them up before making your final decision. The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. Forex brokers comparison includes an array of parameters essential for trading, including forex platforms, payment methods, trading on-the-go, etc., all together amounting to 40+. It is possible to pick more than two brokers to be compared. To do so, tick the boxes next to the brokers in question; after that, click the "Compare Forex Brokers ... Forex Broker Comparison. There is no better way to find out the best option than comparing to what is available in the market. Forex brokers are scattered everywhere around the globe so it will be easy for you to get lost while looking for the best. Here you can use a forex broker comparison tool to compare brokers side by side. Find out how the broker you're most curious about compared to ... Compare Forex Brokers is Australia’s leading forex broker comparison site. We help Australian forex traders find the best forex brokers based on spreads, leverage, reviews and more. Forex broker shopping is a serious business, and finding the brokerage to best suite your needs depends on a large set of factors. Of course, you can always trust your gut feeling – but if you rely solely on that, you're likely to end up royally screwed. The online broker comparison that saves you tens of hours of research. Brokerage fees, depositing and withdrawal, account opening and features compared. Toggle navigation. Find my broker; Compare brokers; Best brokers . Best online brokers Best discount brokers Best trading platform Best brokers for beginners Best forex brokers Best CFD brokers Best trading apps Awards 2020 Broker reviews How ... About Compare Forex Brokers. Compare Forex Brokers is the number 1 online destination for all your Forex Broker questions. Our founders, Justin Grossbard and Noam Korbl have years of experience in the finance and digital marketing industry specifically in the area of comparison websites. After having built a comparison website in the health insurance niche and seeing how it transformed the ... Compare Brokers. So you are looking to compare forex brokers, no doubt you are looking for a forex broker comparison which will help you find who has the best forex spreads and forex leverage. We can help! We have done extensive research of the major forex brokers to bring you a set of results with customisable comparisons between brokers. Use ...

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How Compare Forex Brokers - Forex Bonus Lab - Find Best Broker

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