When 2016 was coming to a close, some did not expect forex regulatory bodies to make the changes they did. Others saw it was a long time coming. Either way, it happened and 2017 saw many forex brokers having to rethink their marketing strategies among other things. Some were worried, others were not. Here’s what happened.
The Nordic countries consist of Norway, Denmark, Sweden, Finland and Iceland and they are known for topping metrics of quality of life, education, economic performance, etc. Basically, these areas are very well developed in many aspects. One driving factor is the advancement of Nordic industries, which ensure sufficient government revenues. At the top of the Nordic industries list are:
Forex trading can quite profitable but that profit is not earned by lucky guesses or hunches. While it would definitely be a great feeling to say “I don’t need any strategies, I trade using my gut.” Sadly, that’s not how things work. To be able to profit from forex trading, you need an effective strategy(s).
There are still many people who equate Forex trading with gambling, which is simply unfair. There are indeed some similarities between Forex brokers and various best online casinos, but they are in no way exactly the same. To show you how much they are not, let’s look at where they diverge: Profits and losses are not absolute in Forex When you place a bet with a betting company, you either lose your entire investment or earn the returns according to the odds. Here, the profits and losses are known ahead of time, and they are fixed – you can’t adjust...
There are a number of different phenomena in forex trading. One of those is known as a breakout. According to Investopedia, a breakout is basically a security’s price movement through a known level of resistance that is typically followed by an increased amount of volatility and heavy volume. Or in other words, it is when the currency pair’s price goes outside of its known resistance or support level with an increased volume.
With so many binary options systems out there finding a reliable one that actually produces results can be quite a challenge. Everyone makes claims about their software being the best option there is and, naturally, they all want you to believe they have the solution you are after. In the sea of questionable offers, OptionRobot binary system stands out as a solution you can actually trust.
Founded in 2012, IQ Option binary options broker has been steadily taking new customers and extending their current overwhelmingly content customer base. The company is based in Seychelles and operates in Europe under Iqoption Europe Ltd. Its business dealings in Europe are regulated by the Cyprus Securities and Exchange Commission (CySEC).
Over the last few years, bitcoins have gained lots of traction. At first, early adopters of bitcoins were mostly impressed by the technology it brings in and the whole philosophy about having a currency that does not belong to any government. Media has quickly picked up on this cryptocurrency and the whole bitcoin hype has started. Lots of companies have started developing products that are associated with BTCs, every news portal had been publishing BTC-related news pieces nearly on a daily basis, and even some companies tried to bring in bitcoin technology into their own ecosystems. This has resulted in...
All across the world, financial regulators made a crackdown that led to plenty of individual trades and also banks being punished with enormous fines. 2014 was definitely a year with extreme fine amounts. The Financial Conduct Authority imposed fines of total amount $1,107,253,930.25 against 39 companies. All those millions On 12 November 2014 fines of total amount $1.7 billion were imposed to five banks, as a result of them failing to control business practices in their foreign exchange trading operations. UBS ($371 million), HSBC ($343 million), JPMorgan ($352 million), Citibank ($358 million) and RBS ($344 million) were penalized by the...