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Tuesday, 22 October 01:54 (GMT -05:00)



Foreign exchange market

Alpari Eurasia Joins Belarus Association of Financial Market Development


Along with other members of the Association, Alpari Eurasia will continue improving Belarus's forex market in 2019 by creating favorable conditions and introducing innovative products and services within the scope of an improving environment. Special attention is expected to be paid to founding a self-regulatory organization, which is an authority dealing with analysing the quality of the products and services provided by the local forex companies, making recommendations and orders, developing regulatory docs, rules and regulations.
 
Alpari's work is aimed at creating a transparent, efficient, and regulated forex environment in Belarus and other countries Alpari is present in. Alexey Sidorov, chairman of the Association, is sure that Alpari will hep the forex market in Belarus to get to a whole-new level. 
 
Alpari was one of those forex brands who pioneered the regulatory foundation of the Belarusian forex market. It's interesting to note that the CEO of Alpari's official partner and distributor in Minsk was appointed head of the Association's first department created in 2013.
 
The Association cooperated with the Bational Bank of the Republic of Belarus to come up with the standards and regulations for the Belarusian forex industry to secure traders and investors. Since 2016, the market has been officialy regulated, with Alpari Eurasia, which is a part of the Alpari brand, was the first company to be recognized and regulated by the NBRB. 
 
According to Evgeny Novik, when it comes to the Belarusian jurisdiction of the international FX market, this can be called the golden medium since the client is protected, the business has been getting profitable and growing fast, with new jobs created on a regular basis.
 
For now, the Belarusian jurisdiction cannot be called huge. It counts only 11,500 clients but the number has ben growing fast over the last few years. They are also planning to accelerate the process of transfering clients from other jurisdictions, including offshore ones. The thing is that the Belarusian jurisdiction has been getting more and more attractive for local traders and investors and for their peers from the CIS and EU. In 2018 alone, the amount of clients from Ukraine, Kazakhstan, Lithuania and Russia increased by nearly 80%.
 
The attractiveness of the Belarusian forex jurisdiction owes to the multi-level security and safety of client funds, including a backup fund with over 1 million dollars in it, not to mention remote identity verification and tax deductions.
 
At the same time, Alpari is planning to arrange a series of events to improve the population's financial literacy in each and every market the company presents in. including Belarus. At this point, you can go to https://www.alpari.by/ and watch free online courses teaching you the peculiarities of trading financial markets. 
 
At the same time, Alpari has been supporting third-party initiatives and cooperating with Belarusian mass media. At this point, Alpari is one of the most recognized and popular forex brands in Belarus.

 

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Bitcoin Will Crash To $3000 Per Coin

In his latest YouTube video, a popular cryptocurrency expert named Alessio Rastani told his subscribers about the possibility of Bitcoin crashing all the way down to 3000 dollars per coin. So, is the BTC exchange rate really going to go that low in the near future? The expert started his review from evaluating the stock market sentiment cycle, which is a really significant part of market analysis. So, he did just that.

Publication date: 21 October 10:04 AM

Pound Will Drive Forex This Week

Before the start of the last trading week of October, the NordFX expert team has come up with another set of weekly consensus forecasts for the forex and cryptocurrency markets. When devising those forecasts, the experts gathered multiple expert opinions and tech analysis. As a result, we get the following picture:
Publication date: 21 October 12:15 AM

Dollar Will Keep Going Down, NordFX Experts Say

Right before the start of the last last trading  of this summer, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. The period is October 4th - 11th. So, this is what those predictions look like:
Publication date: 07 October 12:04 PM

Masterforex-V Names Worst Forex Brokers in September 2019

Masterforex-V Academy's rating of forex brokers gives you an unbiased and up-to-date picture of what's going on in the industry based on 20 criteria. One of the criteria is the amount and degree of the negative feedback provided by each broker's clients. In this article, we are going to dive deeper into the matter and find out which brokers turned out to be the worst ones in September and why.
 
Publication date: 03 October 05:21 AM

Bitcoin is only half-way down. Ethereum is stable.

The current state of affairs in the global cryptocurrency market leaves much to be desired. This is confirmed by a number of people who usually promote cryptocurrencies. John McAffee is clearly not one of them. He has always been very positive on the prospect of digital currencies. In particular, he believes that the BTC/USD exchange rate may eventually reach as much as 10 million dollars per coin. 
 
Publication date: 02 October 10:27 AM

Bitcoin Crash Causes Panic In Cryptocurrency Market

Bitcoin has crashed. Altcoins are bleeding. The panic is making things even worse for Bitcoin and other digital currencies out there. The worst case scenario provided by Masterforex-V Academy experts has finally manifested itself - a break below the bottom of the 9000-9400 range resulted in an instance crash by more than 15% just within a single trading session. In a matter of 12 hours the Bitcoin market lost 37 billion dollars of market capitalization.

Publication date: 25 September 11:10 PM

Bitcoin Exceeds $10K Again

It turns out that Bitcoin is still able to surprise. Despite the growing pessimism in social networks, recently has been a good time to load up on Bitcoin and other cryptocurrencies. The world's first and biggest coin has broken the psychological barier of 10000 dollar per coin. Does this mean going back to the bull market? At this point, the BTC rate is around 10300-10400 dollars per coin.

Publication date: 05 September 12:15 AM

NordFX: Forex And Cryptocurrency Market Review. August 2019

Right before the start of the last last trading  of this summer, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. So, this is what those predictions look like:
 
Publication date: 25 August 12:12 PM

Will Brexit Affect Bitcoin?

Some representatives of the international expert community assume that the Brexit is going to push Bitcoin higher, all the way up to new record highs in 2019. Nicolas Gregory, CEO of a blockchain company named CommerceBlock, is one of those experts. Not so long ago, he shared his standpoint with The Independent. He thinks that the Brexit may radically change the position of Bitcoin in the global economy and finances.
 
Publication date: 25 August 10:48 AM

Forex and Cryptocurrency Market Review by NordFX

At the beginning of the current trading week, NordFX experts came up with another set of market predictions based on a number of expert opinions backed by trending indicators and oscillators. This is what they came up with:

Publication date: 19 August 01:09 PM