At the end of last week, the Swiss National Bank, which is Switzerland’s central bank, announced a shocking and unexpected decision to start unpegging the Swiss Franc (its national currency) from the Euro (EURCHF was 1.2). Needless to say that this almost instantly provoked unseen volatility in the Franc-related currency markets, thereby resulting in thousands of retail traders getting major losses resulting from negative balances while Forex brokers had major difficulties. Some Forex companies had to announce insolvency since they fail to cope with the situation due to improper risk management and excessively high leverage offered to retail traders.
At this point, economists and financial experts are focused on the SNB's plans to purchase foreign currencies as well as the forthcoming referendum regarding the share of gold in the central bank's gold-and-currency reserves.
The 17th international exhibition of stock industry and Forex “Moscow Forex Expo 2014” was held in Russian capital from October 31 to November 1. In the fashionable Radisson Slavyanskaya Hotel visitors with their own eyes get aquainted with the latest achievements of the industry, presented by largest Forex brokers, insurance, investment, and financial companies, as well as the world’s leading banks.
Amid today's financial uncertainty and geopolitical instability, people are forced to seek extra income sources to back their financial future. Inflation coupled with the devaluation of national currencies seen in most countries around the globe make people think about multiple sources of stable income since a monthly paycheck is simply not enough these days to feel financially secure.
At some point, all Forex traders face the unavoidable challenge of choosing a reliable and reputable Forex broker in order to succeed in Forex trading in the long run. The thing is that depositing is easy with any broker, whether it is a scam or a truly reputable one. However, when it comes to withdrawing your profits or even deposits, only reputable brokers can withdraw money without delays and questions and lame excuses, which is certainly not the case with minor brokers and scam brokers.
According to The Korean Times, Apple ans Samsung, 2 biggest rivals in the mobile device segment, are going to revive the cooperation again. If to believe the media, the Korean tech heavyweight is going to revive its position of Apple's major CPU supplier once again. The CPUs are designed for Apple's mobile devices - iPhones and iPads.
Apparently, each of us dreams of quitting his/her job and enjoying a financially abundant life with big and stable income flowing into his/her pockets on a regular basis. With that said, there are many ways to financial freedom and success. Still, if to consider such factors as speed and ease, there is probably no better solution than financial markets, including Forex, which is currently the world's biggest financial market in the world with over 5 trillion dollars being turned over on a daily basis! This is a big and tasty cake and everyone wants a piece of its.
Finding a reputable and reliable broker, which can be trusted 100%, is not an easy task these days. A reliable trading partner is definitely as important as a profitable trading strategy along with trading skills and valuable knowledge. Indeed, does it really matter how good you are at Forex trading if your broker can let you down at any minute by giving you non-market quotes, order execution errors or by simply refusing to pay? The answer is obvious. Choosing a reputable Forex broker is one of the cornerstones of success in this risk but profitable human activity...
How to avoid dirty dealing centers and broking companies? How to choose between the industry’s best and most reliable brokers? Masterforex-V Academy knows the answer to this question...
How can a beginning Forex trader achieve success in trading Forex? This is a burning question. Should a broking company with easy registration and a bunch of catchy bonuses and promos appear in the industry, a whole army of unaware rookies fall prey to those empty promises only to lose their money. Still, trading financial markets can be pretty beneficial.
Broker company uTrader is known since 2011.At the beginning of 2014 uTrader has fully updated its platform and started providing extremely wide spectrum of opportunities for trading. Special attention is given to binary options trade – a relatively new instrument на uTrader, for in modern conditions it is critically important for the broker to help its clients to cut the risk of losing capital to a minimum. The more money ordinary traders make, the better it is for the company. To reach this goal, uTrader has created the largest call centre in Forex industry. From now on experienced specialists are always ready to come to help the company’s clients by providing competent support on-line. Besides, the company provides analytical support. Professional traders help market participant to correctly assess current condition of the market and make predictions on further fluctuation of currency pairs and other financial instruments.