Thu, 22 Mar 2012 07:37:00 +0400
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At a certain point in his /her trading career, any successful or promising Forex trader eventually faces the challenge of choosing a reputable broker. Indeed this is a vital aspect of success in trading Forex or pretty much any other financial market. Only a reputable broker can actually help the trader to succeed in Forex trading in the long run. When it comes to withdrawing funds, only reliable licensed Forex brokers are capable of withdrawing money without delays( no questions asked and lame excuses made), which is definitely not the case with minor brokers and scam brokers.
The year of 2014 really seems to have shown us a lot of negative economic, geopolitical and financial tendencies. Indeed, these tendencies cannot make people certain about their financial future, including traders, investors, financial experts and even plain folks. Most of the international financial markets cannot still boast relative stability while they become more volatile and less predictable for traders (not to mention an average person). The thing is that the global economy is still slowing down, thereby making international demand for crude oil weaker and dropping oil prices to multi-year lows, which triggers economic slowdowns in many oil exporting nations like Russia, Iran etc. On top of that, the civil war in Easter Ukraine seems to be escalating amid tougher Western sanctions against Russia, which is seen as an aggressor and the trigger of the current situation in Ukraine.
According to the recent report released by the Office for Nation Statistics (UK), the British labor power showed higher productivity in Q3 2014, Market Leader reports. On top of that, these are the highest figures in more than 3 years. According to Masterforex-V Academy this is definitely a benefit for the British economy and national currency (the British Pound).
Anyone can become a winning Forex expert today provided that he/she is really willing to work instead of playing bingo. At the same time, those who trading financial markets via major Forex brokers are actually capable of trading other liquid assets on top of currency pairs. The list includes commodities, stocks and stock indexes as well as such derivatives as future and options. You can trade oil, natural gas, silver, gold and major stocks.
Binary options gain popularity worldwide. The unprecedented success of the relatively new derivative has a lot to do with its relative simplicity and affordability. Basically, conventional PUT/CALL binary options allow you to make 70-90% on average (sometimes even 100%) if they expire in the money while the risk is limited to your investment and therefore is fixed.
In early December, the international Forex industry witnessed a major event. The thing is that TeleTrade, one of the true heavyweights and veterans operating in the Forex brokerage field, has just celebrated its 20th anniversary!
The unemployment level is going down in the UK. Still, the pace of this decline slowed down last month. This slowdown turned out to be bigger than expected. However, the salaries seem to be growing.
Investors go less pessimistic regarding the Swiss economic prospects in December. Still, most of them are still worried about the possibility of negative consequences of the current economic instability in the Eurozone affecting the Swiss economy.
The current balance deficit seen in New Zealand is reported to have gone up to the highest point in 6 years, Market Leader reports. This is confirmed by official stats. Despite the decline, Moody’s experts refused to downgrade the country’s sovereign rating, which is pretty high at this point.