Check out fx brokers such as FX club, FX Universal or FXDD; for English speakers. Focus on a customer support line, Beginner friendly service, gadget friendly platform and an array of educational courses; regulated by ASIC(AU) or CBRC(China).
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Forex Finder
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Q: please define "petrodollars"
Category: glossary
, Asked by: X. J. From San Mateo, United States
A: a "petrodollars " is A term referring to the dollars held by oil producing countries when oil prices rose sharply in the 1970s. After a period in which it was rarely used, high oil prices since about 2004 have made the term more common again.
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Q: searching for the greatest online forex platform. Which one do you suggest?
Category: general
, Asked by: B. Tucker from United States
A: We recommend you to explore "MIG Investments" - the customer service team they have is lovely, it takes seconds to get through to them, and they're proficient. Certificated by Swiss Federal Department of Finance, as well as ARIF "MIG Investments"'s counted amongst the safest online forex platforms online. The site's interface supports many different languages. Japanese, French, Portuguese, Turkish or Arabic natives (and the list goes on), "MIG Investments" permits crisp and convenient money with its multilingual trading platform. Plus, downloading and installing the site's interface is a snap. The connection is disturbance free, it doesn't break off ever while you're downloading, and it is no trouble to get into and get started.
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Q: Can you name a forex site that has enhanced technology?
Category: platform
, Asked by: L. Baldwin from Etobicoke, Canada
A: We think "GCI" is totally the one to consider if you'd like foreign exchange online trading platform that features the most sophisticated software. The graphics are gorgeous and the program's user interface is a really progressive one. This "GCI" has become one of the leading examples of how a foreign exchange online trading platform should look. In addition, the download of the forex trading program is extremely comfortable. The communication is flowing - it never breaks off even once while you're downloading, and it's no trouble to get into.
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Q: do you know what the "take or pay" is?
Category: glossary
, Asked by: D. E. From Switzerland
A: "take or pay " is A provision, written into a contract, whereby one party has the obligation of either taking delivery of goods or paying a specified amount.
This is used in some contracts as a method to ensure that the transaction occurs. For example, a Banana farmer will enter into a take or pay contract with a fruit retailer so that the retailer will buy all the bananas from the farmer or pay a provision for not buying them.
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Q: what is "currency trading platform"?
Category: glossary
, Asked by: Q. Z. From Anchorage, United States
A: a "currency trading platform " is A type of trading software used to help currency traders with forex trading analysis and trade execution. Currency trading platforms provide charts and order-taking methods. As with trading platforms used for trading other securities like stocks or futures, most can differ greatly and can vary in cost.
There are many currency trading platforms in the marketplace, but some things to look for include fee structure, functionality, product quality and included products such as charts etc.
Most forex brokers allow you to open a demo account prior to funding a full account or mini account. Be sure to try out each broker's software during their trial periods to help you better decide which forex trading platform is the best for you.
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Q: Which forex web trading platform has got relatively big leverage
Category: money
, Asked by: L. Harrison from Carson, United States
A: If you need a site that offers a high leverage, you should definitely head for "GCI". Here it is up to 400:01:00!! So if you wanna play with the big ones, this site is exactly the one for you. They don't charge any commission in this one the minimum deposit for trading is $500.
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Q: please define an "immediate payment annuity"
Category: glossary
, Asked by: Lucia K. From Luxembourg
A: An annuity contract that is purchased with one payment and has a specified payment plan which starts immediately.
This type of annuity is sometimes used when a person turns 65 (or retirement age).
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Q: please tell me what the "calmar ratio" is
Category: glossary
, Asked by: M. Woods from Namur, Belgium
A: A risk/return measurement that divides the average annual compounded rate of return by the maximum drawdown. It calculates the historical return for an investment made over a given period of time. Unless otherwise indicated the ratio is calculated using an
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Q: please tell me what a "boomerang" is
Category: glossary
, Asked by: W. Q. From Exeter, United Kingdom
A: An American slang term that refers to an adult who has moved back in with his or her parents (who are part of the baby boomer generation) instead of living independently. The phrase, when applied to an individual, makes reference to the fact that the person lived independently for a period, but subsequently returned home due to the financial costs associated with maintaining a separate household.
While boomer parents may be pleased emotionally to have their boomerangs back in the household, boomerangs can often pose a significant financial burden on their parents. This can result in a reduction in retirement savings for the boomerang's parents, leaving them with the decision to either postpone their own retirement or have their children help out with the household expenses.
Other countries have adopted similar slang to represent this domestic phenomenon. In Italy, the term "mammon", or "mama's boys" is used, while the Japanese refer to them as "parasaito shinguru", or "parasite singles". In the U.K, children boomeranging back home has given rise to the acronym KIPPERS (or kids in parents' pockets eroding retirement savings).
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Q: please define the "bRL"
Category: glossary
, Asked by: Haiden L. From Apeldoorn, Netherlands
A: In currencies, this is the abbreviation for the Brazilian Real.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
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