All FX traders, including rookies, eventually reach the point hone they have to choose a reputable FX broker. The choice is crucial since it is going to be one of the cornerstones of their success. Deposit the fact that FX brokers are essentially the same, in reality there is a huge difference between some of them. While some of such FX companies try to scam their unsuspecting clients, especially inexperienced beginners, others do their best to help all of their client succeed, thereby hoping for long-term cooperation. Actually, reputable brokers are outnumbered by unreliable companies chasing client funds instead of long-term cooperation and success.
Institutional FX brokers are those kind of companies that are seen by experts as some of the leading businesses in the entire industry. At the same time, Institutional FX brokers can boast major licenses issued by major financial watchdogs. Consequently, such companies are regulated by such respected financial authorities, which is another sign proving their exceptional status in the entire industry. Moreover, we cannot but mention that this kind of big-scale financial businesses actually make up for the lion’s share of the entire trading volume generated in the Forex market.
The Japanese economy resumed its growth in the first quarter of the year. This is confirmed by the recent report released by Japan’s official statistical agency. The Japanese government is reported to be sure about the fact that the existing economic growth reflects some progress made in the fight against deflation.
The retail sales in New Zealand showed some growth in Q1 2016. To be more specific, the bullish tendency was seen in most niches of the local retail sales sector to contribute to the overall increase of 0.8% seen over the reporting period relative to the previous one. This is confirmed by the local statistical agency.