What does Forex Trading cost 2020? Broker fees comparison

Whaleclub.co - Use bitcoin to go long or short stocks, forex, cryptos, and commodities up to 100x leverage. No banks, fully anonymous, and zero-fee trading. Demo trading and deposit bonuses available as well.

Whaleclub.co - Use bitcoin to go long or short stocks, forex, cryptos, and commodities up to 100x leverage. No banks, fully anonymous, and zero-fee trading. Demo trading and deposit bonuses available as well. submitted by noosportlabscom to bitcoininvesting [link] [comments]

ATO Australian tax treatment for options trades 🇦🇺

I am posting this as I hope it will help other Australian options traders trading in US options with their tax treatment for ATO (Australian Tax Office) purposes. The ATO provides very little guidance on tax treatment for options trading and I had to do a lot of digging to get to this point. I welcome any feedback on this post.

The Deloitte Report from 2011

My initial research led me to this comprehensive Deloitte report from 2011 which is hosted on the ASX website. I've been through this document about 20 times and although it's a great report to understand how different scenarios apply, it's still really hard to find out what's changed since 2011.
I am mainly relating myself to the scenario of being an individual and non-sole trader (no business set up) for my trading. I think this will apply to many others here too. According to that document, there isn't much guidance on what happens when you're an options premium seller and close positions before they expire.
Note that the ATO sometimes uses the term "ETO" (Exchange Traded Option) to discuss what we're talking about here with options trading.
Also note: The ATO discusses the separate Capital Gains Tax ("CGT") events that occur in each scenario in some of their documents. A CGT event will then determine what tax treatment gets applied if you don't know much about capital gains in Australia.

ATO Request for Advice

Since the Deloitte report didn't answer my questions, I eventually ended up contacting the ATO with a request for advice and tried to explain my scenario: I'm an Australian resident for tax purposes, I'm trading with tastyworks in $USD, I'm primarily a premium seller and I don't have it set up with any business/company/trust etc. In effect, I have a rough idea that I'm looking at capital gains tax but I wanted to fully understand how it worked.
Initially the ATO respondent didn't understand what I was talking about when I said that I was selling a position first and buying it to close. According to the laws, there is no example of this given anywhere because it is always assumed in ATO examples that you buy a position and sell it. Why? I have no idea.
I sent a follow up request with even more detail to the ATO. I think (hope) they understood what I meant now after explaining what an options premium seller is!

Currency Gains/Losses

First, I have to consider translating my $USD to Australian dollars. How do we treat that?
FX Translation
If the premium from selling the options contract is received in $USD, do I convert it to $AUD on that day it is received?
ATO response:
Subsection 960-50(6), Item 5 of the Income Tax Assessment Act 1997 (ITAA 1997) states the amount should be translated at the time of the transaction or event for the purposes of the Capital Gains Tax provisions. For the purpose of granting an option to an entity, the time of the event is when you grant the option (subsection 104-20(2) ITAA 1997).
This is a very detailed response which even refers to the level of which section in the law it is coming from. I now know that I need to translate my trades from $USD to $AUD according to the RBA's translation rates for every single trade.
But what about gains or losses on translation?
There is one major rule that overrides FX gains and losses after digging deeper. The ATO has a "$250k balance election". This will probably apply to a lot of people trading in balances below $250k a lot of the FX rules don't apply. It states:
However, the $250,000 balance election broadly enables you to disregard certain foreign currency gains and losses on certain foreign currency denominated bank accounts and credit card accounts (called qualifying forex accounts) with balances below a specified limit.
Therefore, I'm all good disregarding FX gains and losses! I just need to ensure I translate my trades on the day they occurred. It's a bit of extra admin to do unfortunately, but it is what it is.

Credit Trades

This is the scenario where we SELL a position first, collect premium, and close the position by making an opposite BUY order. Selling a naked PUT, for example.
What happens when you open the position? ATO Response:
The option is grantedCGT event D2 happens when a taxpayer grants an option. The time of the event is when the option is granted. The capital gain or loss arising is the difference between the capital proceeds and the expenditure incurred to grant the option.
This seems straight forward. We collect premium and record a capital gain.
What happens when you close the position? ATO Response:
Closing out an optionThe establishment of an ETO contract is referred to as opening a position (ASX Explanatory Booklet 'Understanding Options Trading'). A person who writes (sells) a call or put option may close out their position by taking (buying) an identical call or put option in the same series. This is referred to as the close-out of an option or the closing-out of an opening position.
CGT event C2 happens when a taxpayer's ownership of an intangible CGT asset ends. Paragraph 104-25(1)(a) of the ITAA 1997 provides that ownership of an intangible CGT asset ends by cancellation, surrender, or release or similar means.
CGT event C2 therefore happens to a taxpayer when their position under an ETO is closed out where the close-out results in the cancellation, release or discharge of the ETO.
Under subsection 104-25(3) of the ITAA 1997 you make a capital gain from CGT event C2 if the capital proceeds from the ending are more than the assets cost base. You make a capital loss if those capital proceeds are less than the assets reduced cost base.
Both CGT events (being D2 upon granting the option and C2 upon adopting the close out position) must be accounted for if applicable to a situation.
My take on this is that the BUY position that cancels out your SELL position will most often simply realise a capital loss (the entire portion of your BUY position). In effect, it 'cancels out' your original premium sold, but it's not recorded that way, it's recorded as two separate CGT events - your capital gain from CGT event D2 (SELL position), then, your capital loss from CGT event C2 (BUY position) is also recorded. In effect, they net each other out, but you don't record them as a 'netted out' number - you record them separately.
From what I understand, if you were trading as a sole tradecompany then you would record them as a netted out capital gain or loss, because the trades would be classified as trading stock but not in our case here as an individual person trading options. The example I've written below should hopefully make that clearer.
EXAMPLE:
Trade on 1 July 2020: Open position
Trade on 15 July 2020: Close position
We can see from this simple example that even though you made a gain on those trades, you still have to record the transactions separately, as first a gain, then as a loss. Note that it is not just a matter of netting off the value of the net profit collected and converting the profit to $AUD because the exchange rate will be different on the date of the opening trade and on the date of the closing trade we have to record them separately.

What if you don't close the position and the options are exercised? ATO Response:
The option is granted and then the option is exercisedUnder subsection 104-40(5) of the Income Tax Assessment Act 1997 (ITAA 1997) the capital gain or loss from the CGT event D2 is disregarded if the option is exercised. Subsection 134-1(1), item 1, of the ITAA 1997 refers to the consequences for the grantor of the exercise of the option.
Where the option binds the grantor to dispose of a CGT asset section 116-65 of the ITAA 1997 applies to the transaction.
Subsection 116-65(2) of the ITAA 1997 provides that the capital proceeds from the grant or disposal of the shares (CGT asset) include any payment received for granting the option. The disposal of the shares is a CGT event A1 which occurs under subsection 104-10(3) of the ITAA 1997 when the contract for disposal is entered into.
You would still make a capital gain at the happening of the CGT event D2 in the year the event occurs (the time the option is granted). That capital gain is disregarded when the option is exercised. Where the option is exercised in the subsequent tax year, the CGT event D2 gain is disregarded at that point. An amendment may be necessary to remove the gain previously included in taxable income for the year in which the CGT event D2 occurred.
This scenario is pretty unlikely - for me personally I never hold positions to expiration, but it is nice to know what happens with the tax treatment if it ultimately does come to that.

Debit Trades

What about the scenario when you want to BUY some options first, then SELL that position and close it later? Buying a CALL, for example. This case is what the ATO originally thought my request was about before I clarified with them. They stated:
When you buy an ETO, you acquire an asset (the ETO) for the amount paid for it (that is, the premium) plus any additional costs such as brokerage fees and the Australian Clearing House (ACH) fee. These costs together form the cost base of the ETO (section 109-5 of the ITAA 1997). On the close out of the position, you make a capital gain or loss equal to the difference between the cost base of the ETO and the amount received on its expiry or termination (subsection 104-25(3) of the ITAA 1997). The capital gain or loss is calculated on each parcel of options.
So it seems it is far easier to record debit trades for tax purposes. It is easier for the tax office to see that you open a position by buying it, and close it by selling it. And in that case you net off the total after selling it. This is very similar to a trading shares and the CGT treatment is in effect very similar (the main difference is that it is not coming under CGT event A1 because there is no asset to dispose of, like in a shares or property trade).

Other ATO Info (FYI)

The ATO also referred me to the following documents. They relate to some 'decisions' that they made from super funds but the same principles apply to individuals they said.
The ATO’s Interpretative Decision in relation to the tax treatment of premiums payable and receivable for exchange traded options can be found on the links below. Please note that the interpretative decisions below are in relation to self-managed superannuation funds but the same principles would apply in your situation [as an individual taxpayer, not as a super fund].
Premiums Receivable: ATO ID 2009/110

Some tips

submitted by cheese-mate-chen-c to options [link] [comments]

TIFU by risking it all and ending up homeless with my girlfriend.

Technically my fuck up happened a few months ago but it's still affecting me so here goes. My girlfriend and I had shit paying jobs but we were able to pay bills. Its important to note that none of us have parents who are alive and that's one of the things we connected over.
I had a friend who is into trading the forex markets and I was never really interested because I thought it all looked scammy. This was until he showed me all the profit he made from having this guy he knows manage his trading account. The friend wasn't even working but making money so I slowly started imagining the possibilities of having financial freedom and not having to work. I had a talk with my girlfriend about all that and she reluctantly agreed because she trusted my judgement.
I took our savings, put them in an account and gave the guy our account to manage including paying him the service fee. The guy could trade the account but I'm the only one who could withdraw so I did not have to worry about him running away with the money and I also had access to it to observe. In the next coming days the profit made was small and grew slowly so I stopped checking on and just continued living my life.
Two weeks later I was just chilling with my partner and decided to check the progress. We could not believe our eyes when the initial investment had grown by 500% and was still going up. I was thrilled! I mean clearly we were going to be rich soon. Going to work the next day was both exciting and a drag I mean I had better things to do.That night I convinced my girlfriend to quit our jobs because why not? Our investment was growing and might end up being the equivalent of winning the lottery. She was being bullied by an employee who was bffs with the manager so she did not need a lot of convincing.
We did not even give notices because we would start our own business and would not need references.The next few days were so relaxing. We spent hours browsing potential houses and furniture as the place we were currently renting had come fully furnished so we did not own anything. One fateful Saturday I get a text from the guy managing the account. I thought maybe he wants me to withdraw but alas, he told me the account had blown.
I don't know how many times I re read that text while my girlfriend checked the account. It was a very solid 0 balance. We freaked out,cried,paced up and down until we calmed down. I could not blame the guy because he didn't steal the money. We scrambled to look for jobs as rent was coming up but we didn't have enough time. We had no more funds and got paid next to nothing because we didn't give notice at work.
What followed was being kicked out with just our clothes, sleeping in public toilets or standing all night in garages. We begged for food and looked for jobs during the day. I was scared but mostly for my girlfriend because I would never forgive myself if anything happened to her. After a month of being homeless I found a job then the world turned to shit. Still don't have a stable place but realized that home is where my partner is. She stuck with me throughout and we will get our own home one day.
TL:DR If it looks too good to be true,it probably is. Also risk only what you can afford to lose.
submitted by throwRAstillPoor to tifu [link] [comments]

Need some forex advice

I have invested in other stuff but not forex. Recently an acquaintance of mine suggested me to invest via his company (I think the company is a broker for a forex company named Veonco?). The minimum amount suggested is RM 13K since he said we're trading in USD. He said will only charge me the profit fee which is 30%, with no annual management fee whatsoever. I think he and his team will be the one who pick the portfolio for the forex investment.
How legit is this Veonco/ what he said?
I am also not familiar with forex investment at all. What should I watch out/consider before investing in forex?
Opinions/thoughts/suggestions?
Thanks
submitted by CoolBuddha91 to MalaysianPF [link] [comments]

BE CAREFUL WHICH BROKER YOU CHOOSE! SERIOUSLY, what is YOUR opinion for LONG-TERM INVESTING using EToro VS Trading 212: Invest ? Or even Trading 212 ISA...

Now, I’ve been practicing with Trading 212 (both investing and trading) for years but didn’t start investing money because I was underage.
DISCLAIMER: When I was younger, I thought day trading was “the way to go” to make a lot of money (for some people it is... for me it really isn’t). I luckily figured this out before I bought some “day trading guru’s course for ONLY $299”... fucking bargain btw👌🤯 ...not
I started actually investing in March, and for whatever reason (can’t remember) I decided to go with EToro...
BE WISE ON WHO YOU CHOOSE !
  1. Let’s start with the NUMBER OF STOCKS.
Trading 212: Invest - 3012 stocks available Etoro - 2037 stocks available
And the stocks that Etoro doesn’t have aren’t just foreign stocks like ones listed on the foreign stock markets like FSE or LSE. They also have US companies “missing”. This becomes very apparent when you find some “great” companies to invest in for the long term and they aren’t even listed.
THIS IS ANOTHER THING - they also dictate who you can invest in. For example, I wanted to invest in Spire Healthcare back in March/April, and even though they have it listed, it won’t allow you buy any shares... STILL TO THIS DAY??? ( if anyone knows why, let me know down below please )
  1. ETFs
Trading 212: Invest - 446
EToro - 151 - although they do have ones like SPY, VOO and VTI
  1. Fees
Trading 212: Invest -
Min deposit - EUR 1, USD 1 Deposit fee - none min withdrawal fee - EUR 1, USD 1 Withdrawal fee - no fees
Commission - commission free, unless you buy UK stocks, then you pay 0.5% stamp duty reserve tax because... the British Government can do what they want 🤷‍♂️
EToro -
Min deposit - USD 200 - first deposit, afterwards USD 50 ( I never even realised this lol )
Deposit fee: none
Min withdrawal amount: USD 30
Withdrawal fee: USD 5
  1. Fractional shares
•Trading 212: invest - as little as €1. MOST BUT NOT ALL shares can be bought fractionally as some have a min trade quantity of 1 share.
•Etoro - min amount to open ANY POSITION is $50, defeats the purpose of fraction shares ???? 🤔
🚨——> Now there are a COUPLE ISSUES with this...
But the main issue is a more PERSONAL ONE.
I’m sick of having to think and buy my family things that don’t want or need for birthdays or Christmas...
So I buy them a share, of a good company that I think is a good investment. Sometimes I DO NOT want to spend a minimum of $50 😂 Call me cheap lol but I’ve got pilot school to pay for... and it’s EXPENSIVE.
  1. MISCELLANEOUS
Now Etoro does have CopyTrading. Personally I’ve never used it because I prefer to have an influence over who I invest in, whether it’s the right choice or not. But for some people, they prefer a more “hands-off” approach, so it is good for them.
ANOTHER POSITIVE FOR ETORO - on their app for each company you can chat with other users, and people can post their latest thoughts and research on the company. Trading 212 doesn’t exactly have this but they do have a similar feature which is a forum separate to the app.
I personally prefer the layout of Trading 212, especially when looking into the graphs, or even trying to find out what your ROI is. It’s a much more user-friendly interface, in my opinion.
Etoro doesn’t offer the ability to transfer open positions to another broker... which is shit. Trading 212 will be implementing the ability to transfer from/to other broker by the end of 2020 (supposedly).
Also, Etoro’s customer service is actually really helpful, with their live chat feature. And doesn’t take too long to connect.
—————————
Just to top it off -
Trading 212: invest - you can get a free share worth up to £100
So IN MY OPINION I would 100% go with Trading 212 for INVESTING, and that’s why I’m switching
I only invest, I DO NOT day trade, use CFDs, swing trade, trade commodities, trade forex or (currently) invest in cryptos
This is why, imo, I believe Trading 212 is better than Etoro
Let me know what your opinions are! Also let me know if I’ve missed anything
submitted by MatteoDeBenedictis to investing [link] [comments]

How much of my portfolio should I move to Wealthsimple?

Hello PFC,
I primarily bank and trade with BMO, although I also have an account with HSBC. I was quite a passive investor, but now I want to trade more actively, and Wealthsimple with their zero commission trades and no maintenance fees seem like a no brainer. I would like some advice on which parts of my portfolio I should transfer to Wealthsimple, so that I can save the most on fees and avoid Wealthsimple's Forex fees.
I have a premium plan with BMO and have:
-USD accounts (used for transferring USD to Investorline for USD trades)
-RRSP (Holding BMO ETFs and Mutual Funds, around 10K total)
-TFSA (Holding BMO ETFS, Mutual Funds and Savings, around 15K total )
-Investorline TFSA ( Canadian stocks, around 20K)
-Investorline non-registered (US Stocks, around 10K)

Thank for your help!
(edited to add dollar estimates )
submitted by SuicuneGX to PersonalFinanceCanada [link] [comments]

I'm new in this and I have some questions

1 - What is exactly the inactivity fee that can be found in some brokers? This is confusing to me because I don't know what they mean by 'inactivty'? Do I have to pay the fee only if I'm not buying anything, or not selling? Or both?
2 - What is the time an operation has to be held to be considered scalping? Less than 5 minutes? Some brokers like Trading 212 and eToro don't allow scalping, but don't specify where is the limit.
3 - Is the swap/overnight fee only a CFD thing? If I trade stocks/forex without any CFD do I have to pay it too?
4 - In general, when I buy/sell in a broker, are the trade commissions already added to the price that I see when I buy/sell?
5 - Even with no withdrawal fees, if I withdraw money to a paypal account, I have to pay paypal fees when I receive the money, right?
submitted by EduEpsilon to Trading [link] [comments]

broker forex

Hi Guys,
Any recommendation for a broker for forex trading in the UAE, I read about IB and saxobank.
I am looking for a broker with a good, with no or little fees, and as well a good demo to first start and try some strategies, learn about the graphics....
In the idea after I feel confident with my strategy, I would like to start with a small capital 5000-10000AED.
Thanks
submitted by french-peter to dubai [link] [comments]

Kuvera is a scam

The only way you can make money off Kuvera is off of the referral aspect. You aren’t gonna make any money off it after paying $400 CAD initial fee and a $200 monthly fee. The mentors are just gonna tell you how great Kuvera is but never actually teach you anything about trading. The videos are basically the same shit you find on YouTube or maybe even worse. The “travel benefit” is complete bs because it’s basically deals from kayak and other websites just put on another website. It’s a complete waste of time and money, and trust me theyre gonna act very influential and what not but alll they want us your money and to leave you to the wolves. If you want to learn forex, read books, watch yt videos and take advantage of all the free resources. Even the alerts are meant to make you lose, there are no professionals in the company, just people who entered the team and learned from the scammer himself Rakan Khalifa. Stay away from pyramid schemes such as Kuvera. They portray to make you get rich quick or increase your wealth but in reality they just want you to waste it. Remember nobody but yourself can make you rich, and Kuvera will make it seem as if they can make you rich. These guys have been scamming students across GTA, don’t be one of the students to fall in their trap.
submitted by yaseerrr to yorku [link] [comments]

Bitcoin has more intrinsic value than stocks

A common argument thrown by traditional investors is that cryptocurrencies don't have an intrinsic value. The classical example is saying that Bitcoin is not as good as gold because you can build stuff with gold, while Bitcoin's only use is speculation, but I don't find this true at all.
First of all, you can use Bitcoin to pay fees to write into the most decentralized and robust database in history. That by itself has instrinsic value. And second but not less important, you can actually own Bitcoin easily. A lot of investors don't actually possess gold. They posses contracts that say that they own gold “somewhere” with no easy way or no way at all to redeem it. So you usually couldn't due anything with the gold you “own”. You cannot melt it, forge it, or anything.
Same for stocks. They often are not under your name. Heck, sometimes there are not even stocks involved at all. You only have a contract that tracks the price of them. So, a lot of people can't do anything with their stocks other than trading them through intermediaries and during trading hours/days. You usually don't receive a dividend or have a way to vote on the company's direction. Unlike some cryptocurrencies that actually provide you with that and you can actually own by yourself, unlike the gold, stocks, or forex, you probably would never be able to withdrawn (only your balance in a specific asset, not in any other of the assets you allegedly possess).
Yesterday I tried to discuss this on investing, and I got a lot of backlash, with a lot of people missing the point, thinking that I was suggesting buying stocks based on the dividends they offer or something similar, which is far from what I'm saying. So I thought about starting the same discussion in this community to see if the argument lands better or I'm really missing something here.
What do you think?
submitted by alive_consequence to Bitcoin [link] [comments]

Bitero.io a great investment opportunity

Bitero is an easy to use platform, and a high percentage of daily profit, guaranteed. All this with the Bitero investment Bundle. By investing with Bitero, you will receive a daily profit of 2.0% on workdays (Monday to Friday) and 1.0% daily profit on weekends (Saturdays and Sundays). Each investment cycle is 30 days long. There is a minimum investment amount is 0.005BTC. The investment amount has no maximum limit and you can also return your deposit at your convenience. Deposit return has a processing fee of 10%. The minimum withdrawal amount is 0.0005BTC. Bitero is investing in : FOREX MARKETS DIGITAL EXCHANGE BITCOIN MINING VENTURE CAPITAL Bitero.io is a very good place to invest , this company is very trusted and reliable it has a very good investment plans a very good support team members and everything is working perfect i just withdrew 0.0005 BTC and received them instantly i really love it thanks Bitero best of luck 100% paying and legit Bitero is a trading company which allows investors to deposit funds and get high profits 100% safe,real and guarantied min invest : 0.005BTC min payment: 0.0005BTC my withdrawal proof below join : bitero.io/l/Meliodas2020 bitero.io/l/Meliodas2020 #bitero #cryptoinvesting
submitted by meliodas2020x to HYIP [link] [comments]

CMV: Regarding new economic plan that would create an open system of accountability and without increasing the debt.

Currently there are 250,000 people in Las Vegas, NV that will not be able to pay their rent for September. Let's say a total of $125,000 million dollars would take care of their rent situation. I came up with that number by dividing $125,000 by $500. I know rents are higher. This is for illustrative purposes.
This is a very difficult time for just about everyone at the moment. We are looking for answers that we just don’t have. Now is the time to come together as a unit and take part in something bigger than it’s individual parts. I am talking about a new way of financial thinking that creates a win, win, win, situation. Renters make up forty percent of households and thirty eight percent of renters are estimated to be unemployed right now. Eviction notices could be mailed as soon as next month. This is a crisis that will affect the entire country. But there is something that we can do about it, but it takes all of our voices in unity to make it happen. This is a collective action that can be implemented immediately. Now is the time to go beyond thinking out of the box and thinking out of our universe.
Big banks and financial institutions were responsible for the 2007 housing collapse which devastated the entire world economy. In 2008, the Emergency Economic Stabilization Act was signed into law, creating a $700 billion program to purchase devalued assets from banks. This was called the Troubled Asset Relief Program, or TARP. Later, President Obama would direct $75 billion in funds from TARP to help reduce interest payments for homeowners. That means homeowners received around 10% of the direct relief that banks and corporations did, according to Business Insider. It’s now time for the financial institutions to do their share and make up for the last financial debacle.
The financial markets are experiencing all time highs and billionaires got $637 billion dollars richer in the last few months. Somethings definitely out of whack here and I will show you how we fix this. I said we, meaning the millions of people around the world with one voice helping to implement The One Cent More Plan. For any financial movement to be sustainable it must be transparent for all to see where the money is being used and not exploited by a few. That’s why no one organization is responsible for the money involved and each transaction is in the block-chain ledger for all to see at anytime.
This is how it works for renters, landlords and the banks. For the purpose of this example let’s use Cindy as a renter who lives in Las Vegas and lost her job and can’t pay next months rent. She has notified her landlord and he is trying to be as courteous as possible, but he also has a mortgage to pay on his apartment building which has ten units. Some of the other tenants have lost their jobs as well. As you can see this is a common occurrence in Las Vegas at the moment. This is where the bank steps in as the lovable George Bailey types which they will become. I know what you are thinking. Their more like Mr. Potter than George in it’s a Wonderful Life. But you will soon see that it’s in their best interest to be more like George in the long run. If you haven’t seen the movie, I suggest you do. It’s one of my favorites.
I will start with the New York Stock Exchange. The average daily volume for the last three months was 1,123,989,426 shares which equates to a staggering 22,479,788,520 shares per month. What if for each share an additional fee of one cent were added. This would result in $11,239,894.26 dollars per day going into the The One Cent More Plan Fund. You know at the end of each day the total amount that the fund should have simply by looking at the end of day total volume for the market. Multiply that by the number of trading days in the month and it equals 224,797,885.20 dollars. This is just one market. Now let’s say Cindy is a beneficiary of The One Cent More Plan Fund which is setup for the sole purpose of assisting with rent for those who can’t pay. Her rent was 750 dollars she would receive 500 dollars for rent and nothing out of her pocket. But Cindy wouldn’t get a direct payment. She would receive a receipt contract from her bank with a block-chain transaction number which she can look up on the internet to verify that it had been paid. Her landlord would also receive from his bank a receipt contract only because he owes the bank his mortgage payment. If he had no mortgage the payment would go directly to him. His payment would also be on the block-chain. So, Cindy’s rent is paid for the month of September. Her landlord is happy although he doesn’t get his normal amount of 750 dollars, it’s still better than having to go through the hassle of evicting a good tenant and ending up with no rent at all!! And the landlords bank is happy that the mortgage is being paid.
Here is the Ethereum Blockchain Ledger
So how much would it cost to do the same for the other people who can’t pay their rent. This is just one example with one market. As you can see there are no real losers in this equation. A one cent transaction fee on every stock sold is not a lot to fight over. Once Cindy finds a job she would not receive the entire $500 for rent only $300. The remaining $200 would stay in the fund to sustain it. And by the way this is a temporary transaction fee until more people get back to work and the economy starts to recover. It is estimated that $21 trillion dollars is hidden in offshore accounts by the wealthy. Companies in the United States have an estimated $2.1 trillion. If companies just brought back that money and donated the interest alone from it this would have a huge impact on the economy and not increase the national debt at all! When you don’t have customers with money to buy your product it will really begin to feel like 1929 again in a hurry. This could snowball quickly. We don’t have time for negotiations over a stimulus package. Big banks and corporations could really turn their image around and be the true heroes if they wanted to be. The money is there folks we just have to make them accountable with our voices. We have seen how social change can happen all around the world. Let’s not miss this opportunity today right now. I haven’t even spoken about the largest market in the world and that is Forex. If we just took a small portion each day from the six trillion that is traded each day it would help us stop evictions around the world and give people hope.
Banks are already using block-chain technology as we speak. This doesn’t require building brand new infrastructure. As I just showed you this can be done with existing bank accounts. Payments can be made in seconds. I can send my sister money through Zelle in minutes. Their should be no lag time as to when payments can be made. So who is going to foot the bill for making this happen. The banks of course and without any transaction fee whatsoever.
I look forward to all your comments and suggestions with an open mind.

Thanks,,
chronus80
submitted by chronus80 to changemyview [link] [comments]

I'm new in this and I have some questions

1 - What is exactly the inactivity fee that can be found in some brokers? This is confusing to me because I don't know what they mean by 'inactivty'? Do I have to pay the fee only if I'm not buying anything, or not selling? Or both?
2 - What is the time an operation has to be held to be considered scalping? Less than 5 minutes? Some brokers like Trading 212 and eToro don't allow scalping, but don't specify where is the limit.
3 - Is the swap/overnight fee only a CFD thing? If I trade stocks/forex without any CFD do I have to pay it too?
4 - In general, when I buy/sell in a broker, are the trade commissions already added to the price that I see when I buy/sell?
5 - Even with no withdrawal fees, if I withdraw money to a paypal account, I have to pay paypal fees when I receive the money, right?
submitted by EduEpsilon to Daytrading [link] [comments]

Go ahead and get hustled

Tried to save a very dumb girl from an obvious pyramid scheme today and it went over like a lead balloon. The pyramid scheme involves forex trading. The organization is out of Atlanta and it’s all over social media. It’s a get rich quick scheme basically. I did a ton of research on it by using FB. Then I went on the BBB website and sure enough, there were almost 500 complaints from people who were bamboozled. This isn’t even an MLM because there is no product. It’s a straight pyramid scheme. I wasn’t friends with her on FB, so I just messaged her bf and told him that I did some digging and found a lot of dirt on this situation. I suggested he have her look at the BBB complaints. He’s obviously went around in circles with her on this because he told me to tell her myself. I said that I didn’t know her. He goes “oh well.” Not only does the scheme want you to pay $235 upfront to join, they have you pay with bitcoin so that you can’t get your money back. They also charge $175.00 a month in fees and try to sell you all kinds of bogus trading packets. You never actually learn trading though. They just want you to recruit people. Anyway she was furious that I suggested this was a scam. I told her she could do whatever she wants. I was just looking out. Instead of offering any kind of evidence to the contrary, she tried to recruit me. I said nahhhh, I’m good. That was the end of that. She’s brainwashed I guess. She’ll have to lose her ass before she wakes up.
submitted by Sassdeville to Vent [link] [comments]

Low/Zero commission online broker comparison

I was trying to find the lowest cost brokers that aren’t just mobile apps that offer passive investments in the assets I’m looking for on top of the usual equity and bonds I already have.
I’m hoping this will help people in my situation. I looked for a comparison website and found: https://brokerchooser.com/ which helped but I still had to dig around to get the direct comparison I needed all in one easily visible table.
What are your thoughts and experiences on the below brokers like customer service etc with these platforms?
Trading212 looks to be the cheapest and best all round but I’ve read bad experiences.
To diversify my portfolio I’m looking at:
  1. Renewables funds,
  2. Commodities,
  3. Individual shares and Crypto (a very small gamble 1% of total)
  4. Property dev/REITs,
  5. Venture capital,
  6. Higher risk corporate Bonds,
1 - 4 Can be invested in via ETF’s offered by most of the online brokers below.
4 - 5 Can be invested in using the other platforms below: Crowdcube, Seedrs, Syndicate room, Crowdproperty.
1 and 6 I think need higher cost traditional brokers like HL/Black rock etc but I’m not sure.
Here’s my comparison:
Free trades per month Products Fees (deposit etc) FCA Regulated? Bank transfer or debit card?
Trading 212 Unlimited Stocks ETF/ETCs Forex Crypto ISA Free ISA, no trade fees, CFD account has charges inc: 0.5% currency conversion charge, no forex fees Yes Debit card: Yes - Bank transfer: Yes
TD Ameritrade Unlimited $0 for US stock $6.95 for non-US Cannot find on FCA register Cannot find on FCA register
eToro Unlimited Stocks ETF/ETCs Forex Crypto Commodities via CFD’s No ISA - $5 withdrawal fee - Deposit and withdrawal fee of 0.5% - exchange fee (50 pips) 0.5cent/$1 e.g $7.5 on $500 - If no activity for 12 months charged $10 per month - 0.75% fee to buy bitcoin Yes Debit card: Yes - Bank transfer: No
Freetrade Unlimited Mobile app only Stocks ETFs ISA ISA £3/month 0.90% forex fee Yes Debit card: No - Bank transfer: Yes
Revolut 3 Mobile app only Stocks Crypto Commodities No ISA Complex fee structure Yes Debit card: Yes - Bank transfer: Yes
Degiro Unlimited Stocks ETF Funds Bonds Options Futures Crypto No ISA High fees (complex structure) Yes Debit card: No - Bank transfer: Yes
Other investment platforms:

Investment type Fees (deposit etc) FCA Regulated? Pre-emption rights?
Crowd cube Venture capital 1.5% Yes No
Syndicate Room Venture capital High fees 2% set up fee 1.5% – 2.3% annual 20% performance fee Life-time management fees of between 12.5% and 24.3% Yes Yes
Seedrs Venture capital 7.5% of any profit Plus variable sale fees Yes Yes
Crowd property Property 0% fees however returns capped at 8%. Yes N/A

Have you used any of these before or do you have alternatives?

submitted by Final_Cause to UKPersonalFinance [link] [comments]

APIs offered by brokers and data platforms

I’ve been looking for a broker that has an API for index futures and ideally also futures options. I’m looking to use the API to build a customized view of my risk based on balances, positions, and market conditions.
Searching the algotrading sub I found many API-related posts, but then when I actually read them and their comments, I found they’re often lacking in real substance. It turns out many brokers or data services that have APIs don’t actually support index futures and options via the API, and instead they focus on equities, forex, or cypto. So here’s the list of what I’ve found so far. This isn’t a review of these brokers or APIs and note that I have a specific application in mind (index futures and futures options). Perhaps you’re looking for an API for equities, or you just want data and not a broker, in which case there may be a few options. Also, I’m based in the US so I didn’t really look for brokers or platforms outside the US.
If you have experience with these APIs, please chime in with your thoughts. Also, I may have missed some brokers or platforms. If I did or if you see anything that needs correction please let me know.

Platform Notes
ADM Investor Services No API
Ally Invest Does not support futures instruments
Alpaca Only supports US Equities
Alpha Vantage Does not support futures instruments
AMP Broker with a huge number of platforms available including some with APIs
ApexFutures No API
Arcade Trader No API
AvaTrade Does not support futures instruments
Backtrader Not a data feed; otherwise looks cool but also looks like a one-man shop
Cannon Trading Broker with a variety of platforms, some have API access such as TT
Centerpoint No API
Charles Schwab API does not support futures instruments
Cobra No API
Daniels Trading No API
Discount Trading Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
Edge Clear Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
Eroom Now part of Dashprime. Offer a variety of APIs including CQG, TT, CBOE's Silexx, and others via FIX.
ETNA Trader Only supports equities, options (including multi-legs), ETFs, Mutual Funds (Forex with cryptocurrencies coming soon)
ETrade API seems robust but OAuth authorization needs to be refreshed via login once per 24 hours
Futures Online No API
Gain Capital Futures API available, based on .NET; unsure if they are open to retail clients
GFF Brokers Broker with a large number of platforms including some with API access
High Ridge Futures Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
iBroker API available; contact them for more info
IEX Cloud Looks great but does not support futures instruments
Infinity Futures JSON API available; contact them for more info
Interactive Brokers Client Web API looks promising if clunky
Intrinio Supports futures instruments but is expensive
Koyfin No API
Lightspeed C++ API available
marketstack API for equities available. Does not support futures instruments.
Medved Trader Windows app with a streaming API to various data sources and brokers. See comment below about API beta access.
NinjaTrader Does not support futures options
Norgate Data Not a broker; supports futures data for $270/year
Oanda Forex only; API last updated in 2018
Optimus Futures Broker with a large number of available platforms including some with API access
Phillip Capital Broker with a large number of available platforms including some with API access
polygon.io Expensive but looks slick; does not support futures instruments
Quandl API looks solid; $49/monthly for personal use, does not allow distributing or sharing data; not a broker
Quantconnect Does not expose raw data
Quantopian Does not expose raw data
Quantower Software that connects to multiple brokers and data feeds; API to their software via C# interface
Saxo Markets Broker with extensively documented API
Stage 5 Trading API available through Trading Technologies
Straits Financial Broker with several platforms available including some with APIs such as CQG, R
Sweet Futures Broker with a large number of available platforms including some with API access
TastyWorks There's an unofficial Python API
TenQuant.io Does not support futures instruments
ThinkorSwim Does not support futures instruments via the API
Tiingo Free account tier but does not support futures instruments
TradePro Broker with a number of platforms available; unclear if any are available with API access
Tradier Free developer API account for delayed data but does not support futures instruments
TradeStation Nice looking API docs and supports futures instruments; requires opening an account and a minimum balance of $100k and there’s no trial available
TradeFutures4Less Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
TradingTechnologies API looks robust; pricing starts at $700/month
TradingView Does not expose data API
Tradovate Technologies API exists, documentation unknown; need to talk to their account team
Wedbush Futures Broker with several platforms offered, a few of which have API access
WEX .NET/COM only; pricing not disclosed on website
Xignite Pricing not disclosed on website but they do support futures instruments
Yahoo Finance API Available through RapidAPI or via direct access; but it’s discontinued and unreliable
Zaner Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs

Wow, this list grew longer than I originally thought it would be. If you spot a mistake, please let me know and I’ll correct it.
Edit:
- added Lightspeed API - updated Dashprime to indicate some of the APIs available - added Medved Trader to table - added marketstack to table
submitted by theloniusmunch to thewallstreet [link] [comments]

How You Can Recover Your Funds on Binary Options

You most likely landed on this page because have lost some or a lot of money to binary options broker or binary options companies. You are probably thinking; "I was scammed on binary options, how do i get my money back?" "How to get money back from binary options" "Binary options refund" etc
Hiring a verified funds recovery expert, since this is the best way to recover your money from a bad binary options broker without wasting time and money. Don't toy around with you hard earned money by getting involved with a scam broker. Verified recovery experts are highly recommended.
How can I Recover my Funds on Binary Options?
Financial fraud continues to expand with Forex and binary options fraud. And this is a trend that has gained a lot of ground globally. A lot of people around the world are targeted each day. In many cases, they are novice investors who are unfamiliar with the markets and do not recognize that they are dealing with a bogus trading platform.
The fraudulent brokers rely on this lack of knowledge. Eventually, when the fraudsters finally decide that there is no more money to be had from the unfortunate target they cut all contact, the hapless investor begins to suspect that they have been scammed. But the good news is that you can now hire a verified recovery expert to help recover the lost funds.
Which is the Best Binary Options Recovery Service
So what exactly is a binary options recovery service? The nature of service they offer is pretty straightforward and easy to understand. They provide a solution for recovering money that’s been lost due to a binary options, forex, investment scam etc. There are some recovery services that also claim to hack social media accounts and to recover lost passwords. Usually, a fee is paid upfront (for taking the case) or a percentage of the recovered amount, or both in some cases.
The payment model varies depending on the website/service you’re choosing: sometimes you will pay them a time-sensitive fee (the longer they work, the more they get paid, even if they don’t recover any money) and sometimes you will pay only if they recover all or part of the amount you’ve lost. However, the initial fee is mostly always paid as administrative charges. It is advisable you only work with a verified recovery specialist.
How to Recover Your Funds on Binary Options Forex
You may be thinking; "How can I recover my funds on binary options?" Finding the so-called recovery experts may appear really easy. Since all you have to do in most cases is to sift through the comments section of any binary options related article. You are likely to see someone praising the professionalism and high success rate of such recovery services, or you can even find the representatives of the recovery company itself advertising and sharing contact information.
Online search is also an easy way of finding a binary options recovery service. But to ensure your safety, we recommend working only with one of the verified recovery experts. I have an important piece of information for victims of binary options scam, and people who have lost money to bad binary options trading decision. You can now refund your money within a short period of time.
How Can I Get my Money Back from a Binary Options Scam?
Binary options scam is all over the place in the recent time and due to greediness people fall victim daily to bogus promises. Out of 100% of people or companies advertising investment, just like 2% can guarantee the outcome. The rest are rodney stegall wannabe who just want to take your money. So think twice before bringing out your credit card!
This is also a signal to all regulatory authorities, including law firms to buckle up. This is one of the best and most informative binary options forex wealth recovery international service. All the solution you need to get your money back from binary options, forex, investment scam is a verified recovery expert.
submitted by HairyFunny8 to u/HairyFunny8 [link] [comments]

How to choose an eWallet for Forex trading?

Not so far ago I got the idea to start trading (especially Forex) as one of the ways to make money online.
I have researched tons of information about trading strategies, experience of "old" traders, platforms, so on. But at some point I realized that actually I had not found any information about deposit and withdrawal methods. Almost all broker companies provide a variety of deposit options, but how to find out the most profitable and safer to use?
I refused to use a bank card for a number of reasons, I will probably tell you about it in the next post. So I started to search for an e-wallet.
Also I noticed one interesting fact that many brokers show deposit methods only after opening an account, which also is a little disappointing.
After examining the most popular Forex brokers, I found out that among others Skrill, NETELLER, PerfectMoney, Transferwise and PayPawere appeared to be the most widely used. But I didn’t want to create accounts in each and every e-wallet.
I should choose between them and make a research to avoid high fees, low limits and cashouts to bank accounts with incredibly high % fees. But unfortunately even after examining a bunch of forum threads I haven’t found full and up-to-date information.
That’s why I decided to do an experiment and test some e-wallets by myself. I have started from Skrill and NETELLER as they were the most popular. Moreover they belong to the Paysafe group holding and guaranteed transparency, safety and easy to use services.
Registration process in both e-wallets is quite simple, but there were some difficulties with the account verification process. Skrill and NETELLER verification processes are almost the same, I’ve uploaded my ID card and waited for what will happen next.
At first reacted NETELLER, their support manager requested a live selfie, then Skrill’s support also requested the same thing.
I have passed this procedure, and after 5 hours Skrill requested a live selfie for the second time. I have done this and again waited for any changes on my account.
The next day Skrill blocked my account for no reason. I have tried to contact their support team several times and no answer… It seems to be quite impossible to get any reply. But I’m still hoping to get at least any answer.
With NETELLER it was going much better, my account has been verificated, but it took around 24 hours. Not the most fast service, as it seemed to be.
At that point i realised that it’s not the best idea to use NETELLER without VIP status, because withdrawal\deposit fees are not so low. And also there's a pitfall — be aware of currency conversion fees, NETELLER adds 3.99% to multicurrency transactions. So I don’t want to lose my money on fees and I will continue to find an optimal solution to deposit and share my experience with you, guys.
It would be nice to get a piece of advice from you about e-wallets, and if you will share your experience in using them for your transactions.
submitted by Nasaylenn to u/Nasaylenn [link] [comments]

eToro vs Other Brokers

I've been doing some research on brokers for trading US stocks, and eToro seems like a great option - no commissions, standard forex conversion fees for cashing in, $5 fee for withdrawals.
However I noticed that more people in this sub recommend TD Ameritrade and IBKR who charge higher overall fees.
Is eToro not as good as how it is advertised (i.e., hidden fees)? Or are other brokers just more superior?
submitted by M0ney_M0ney to phinvest [link] [comments]

Strategy:SPX Meium - High Risk Copy Trading - Intraday.

Strategy Results - http://www.myfxbook.com/members/DeanBlack/client-copy-medhigh/7422920
All results are tracked on real client accounts to show the net results after fees. The brokers with the highest spreads are use, to give a reflection of the worst expected results.

Who is This Strategy For?
This strategy is for you if you have a higher risk tolerance and are looking for an investmen tment with higher liquidity. This is an intraday strategy that will close all trades by the end of the US trading session making all equity available to investors at the end of each trading day.
Brokerage Requirements: This strategy trades CFDs and is not suitable for US / Canada residents. Brokers offering CFDs on indices (Specifically the S&P500) is a requirement.

Tested Brokers: The strategy is confirmed to work on the following brokers;
: IC Markets (Best results). RoboForex
Minimum Investment: $650 minimum is optimal for these risk settings. Anything under $500 will be higher risk. Anything under $400 failed all tests on this and is strongly discouraged.
Leverage Required: This strategy requires 1:50 leverage (With a minimum $650 investment).
Average Duration of trades: Trades will be held usually 2 - 12 hours and close on the same day they are opened.
The strategy will risk a maximum of 5% over all positions at any one time. If the strategy has been losing the maximum risk per position will be decreased. If over 30% drawdown the maximum risk will be 2.5%. If over 40% drawdown the maximum risk will be 1.5%.
Note, this refers to the parent strategy. Not individual copiers. If you connect a new account while the strategy is 10% down you will start on reduced risk although your account is not down. This measure is in place to protect the accounts of all investors and make the strategy stable to support long term compounding of gains.
Maximum Loss: This strategy will stop trading if a loss of 65% (From high water mark) is hit. It will stop trading for at least three days to give the investors time to decide if they want to continue and the trading team time to check if adjustments to the strategy;s copier settings need to be made.
Automatic Stop on Loss: This strategy has an automated stop loss on trading at 65%. At 35% the copying software will shut down, all trades will be closed and no new trades opened for a period of at least 3 days.

Strategy Results -http://www.myfxbook.com/members/DeanBlack/client-copy-medhigh/7422920
All results are tracked on real client accounts to show the net results after fees. The brokers with the highest spreads are use, to give a reflection of the worst expected results.
submitted by 2020sbear to u/2020sbear [link] [comments]

Guide to Stock Market (Trading in General) Mentoring/Mentorship Programs in the philippines

Hi, may nakikita akong questions about investing/trading and some about trading mentors/gurus societies etc.
This is my opinion depende na sa inyo kung susundin nyo.
ZFT - Zeefreaks tribe,
First, i do respect "Zee" as a trader,his "tribe" teaches or mentors their students using their system to become their own. Generally, Darvas Box, MAs 20 50 100 and RSI are their weapons but mainly its the Price Action and RSI ang parang laman talaga ng System nila and you can only get better through time as with other systems in general. I think they are good, but yun na nga, just good.
Problem:
They charge you with a hefty sum na i don't think na ma jujustify nila, because at the end of the day more or less its you ( along with practice) and your psychology that can help you along the way. Okay, may Trading psych coach daw sila , si Ma'am Celeste (Zee's Gf) pero overtime you will learn about yourself in the process naman.
Zee is justifying the hefty fee because sabi nya before if im not mistaken na the clients are not paying the mentoring alone pero along with it yung "CULTURE" ng ZFT. I say, bullshit. Di nga nya alam na may mga ZFT "mentors" na that are mentoring other people without his knowledge and charging them less but still a very hefty fee. hehe Akala nya wala na pero meron pa, magaling lang talaga magtago.

KIDLAT- hmm , same with ZFT since dun din naman sya nanggaling, Habits you know.

T3 ( The Tattooed Trader)- well, this guy is LEGIT. He trades international markets too not just PSEI. Reasonable Fee. Good guy,prangka din. He doesnt tolerate Bullshit. He wont try to impose his system sayo but instead encourages you to go with the process. That's it.

Gandah Koh ( Trader's Lounge) - He/She provides free content daw. Yes, FREE content pero at the same time sinasabi nya that he/she is just an average trader. Kicks people who patronizes paid mentorship / who belong sa paid mentorship or kahit magtanong ka man lang ng about paid mentorship rage mode na agad tapos kick na agad. Yung mga followers nya ayaw lang talaga gumastos to learn premium content. Biruin nyo? gusto maging free yung investa? lol.
Ironic, why? kasi sabi nya average trader lang daw sya but he/she shuts off people who would want to learn from those who are better than her. To all hehis followers, Eto po tanong ko.
  1. may member ba sa Trader's lounge na consistently profitable na? with rising equity curve?
  2. Do you think the best traders out there did not spend any cent to boost their career to the top?
Simple lang yan. isip isipin nyo. :D

BOH- Superb! yung mga quant models nila ay one of the best if not the best. Very technical and systematic yung BOH and their team ay may credentials to back it up. Yung Fee ay affordable, kayang kaya ng ordinary working people.
Oakbridge (DAVAO)- not much information about them kasi tahimik lang sila ,but what i know is that bigatin yung mentors dun but apart from that i don't know much kaya i can't say anything more.
Bigote (bigote trading financial advocacy) - Eto yung free content na LEGIT. One of the best people i know, he is a caylum trading institute alumni. Eto, you use his system plus master price action.
Open journal by Javi Medina, Matt flores, Ken Arcano - If you dig Elliot wave then they are the guys you want to learn from, the information they provide are all backtested, no guess works just pure juicy contents day in and day out.
Trivia:
They manage funds from various big time clients.
Tomatrader, Jet mojica(from BOH), Joanne (from investa), Bearyo ( from investa) and etc Joined Open Journal.
Javi Medina - ranked 1st the 2020 US investing competition, also he was an investacup champion.
Ken Arcano - top 5 in investacup.
Matt Flores- i dont know much about him though, silent kind of guy.
OJ's system can be used in trading crypto, Forex , commodities, US stocks and other indices.
Caylum Trading Institute - i think di na kailangan e describe pa yung caylum eh. *wink*

So there you go. It's your choice kung how you will take my opinion, you can bash me or what i really don't care. At the end of the day, choice nyo pa rin yon.
Kung ako lang, id go with
  1. Read the trading code by jason cam.
  2. Download any price action videos/books . Ex. Steve nison books
  3. Try out Bigote's framework or enroll with any one of those services , but i would recommend open journal, BOH, T3 or caylum. If you want ZFT or kidlat then go for it.

At the end of the day, stick with one system , be patient, dont shortcut the process, master one setup at a time and improve your trading psychology. I dont want to spread hate, just spitting out my opinion.
You can share this in fb, twitter or any socmed you like or not share this, do whatever you want.
That's all. Stay home to help the frontliners.
submitted by Bertochinaman123 to phinvest [link] [comments]

Bitorex Reviews

Bitorex Reviews

What brings Bitorex Reviews for beginners and experience traders


Bitorex.com
Bitorex is the place that offers incredible quality and professional help and guidance with the best customer support for clients on all accounts.
Using state of the art technology and a modern approach to establish amazing results. Each decision is based on creating the ideal environment with a positive rapport and relationship, so trust and understanding are witnessed with all professional and expert advice.
The team gets to know the clients and we get to know them. Our success is their success, wanting us to succeed.
Bitorex ideology and inception was crafted to trade on the most popular marketing platforms. Always on the edge of innovation and striving to be the best and up to date in the trading industry to deliver the highest possible results.
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If you choose to open up an account with Bitorex today you just follow these small simple start-up steps to get your account to start trading with 3 minutes.
First, fill out the quick online form with a few questions with regards to your trading experience than by using our instant online verification to identity simple and effectively you are then able to fund your account and withdraw money anytime.
I have found that Bitorex believes in the highest standards and look to raise the bar every day. The team pledges to deliver the best service they can and use cutting edge technology to find solutions with a team of people who have integrity, impeccable values, and strive to achieve their optimal performance every day.
When choosing an online broker you need to find a company that values ethics and transparency to help build trust with clients and global markets. By always putting clients and partners first to deliver the value of money and finding new ways to understand and serve them in this industry.

Bitorex Trading Platform

Bitorex platform uses many assets that can be traded at the same time which offers major benefits because many trading platforms do not odder these features.
You can translate to different languages and use on all devices from your laptop, PC, Tablet, or smartphones. Trading and many options to choose from available to you where ever you are with cross-platform devices.
In conclusion, Bitorex is one of my favorite trading platforms when trading cryptocurrency and forex. Bitorex reviews was already featured on BusinessModuleHub and BusinessCaseStudies.co.uk
So easy to build experience and user friendly and no fees, unlike its competitors. A massive range of educational resources to enable you to take your trading experience to the next level and see results fast.
Bitorex is flawlessly designed and a must for any trader.
Get on board today!
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The ONLY Forex Trading Video You Will EVER Need - YouTube Minimise Your Forex Trading Commissions by Adam Khoo - YouTube forex no deposit bonus - YouTube 100% FREE FOREX ROBOT, Easy to Use, NO LOSS - YouTube The Costs Of Opening And Holding A Forex Trade - YouTube How To Trade Forex If You Have NO MONEY!

Forex.com does apply an inactivity fee and it is £/$/€ 15 or JPY 1500 per month after one year of inactivity. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that Forex.com charges an inactivity fee makes it less ideal for you if you are a buy and hold investor. Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. *Increasing leverage increases risk. GAIN Capital Group LLC (dba FOREX.com) 135 US Hwy 202/206 Bedminster NJ 07921, USA. GAIN Capital Group ... Since there is no inactivity fee unless you don't trade for one year, feel free to try Forex.com today. Forex.com Summary Forex.com is a global forex and CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, GAIN Capital is listed on the New York Stock Exchange. Fees score 4.1 stars: Recommended for Forex traders looking for low fees and great ... It can also be described as the financing fee for a position. Forex trading is carried out with a lever and the trader borrows money from the Forex Broker for his position. This, in turn, borrows the money from a bank and lends the money to you at higher interest rates. The difference in interest is the broker’s profit. The position is therefore financed. This fee only applies to longer-term ... Free Forex Trading Systems. This Forex Trading system is clear & userfriendly. The best time frame is 1hour & 4 hours. Also, you can apply any time frames. You can use this system for currency pairs, Commodities, etc…Follow good money management. It will help to become the best forex tra ... FOREX.com is a trading name of GAIN Capital - FOREX.com Canada Limited, 135 US Hwy 202/206, Bedminster, NJ 07921, USA is a member of the Investment Industry Regulatory Organization of Canada and Member of the Canadian Investor Protection Fund. GAIN Capital Group LLC is a wholly-owned subsidiary of StoneX Group Inc. Forex trading cost and charges . Overnight funding fees; When you trade derivatives with us, you trade on margin. This means you provide a deposit to open a position, and we in effect lend you the rest of the money required. If you close your position on the same day, there is no funding fee. If you keep it overnight, we charge a small fee to ...

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The ONLY Forex Trading Video You Will EVER Need - YouTube

forex, no, deposit, bonusfxpro, forex forex trading mt4 forex forum fx trading forex broker fxpro review fx forex forex trader broker forex forex no deposit ... In this latest video exploring the essential parts of the Forex market, we look at an example to show how the cost of holding an FX trade overnight affects y... The ONLY Forex Trading Video You Will EVER NeedTHIS QUICK TEST WILL HELP YOU BECOME FINANCIALLY FREETake it HERE: https://discover.tiersoffreedom.comTo join my ... Commissions are the largest costs in your trading business. Learn the factors that impact your transaction costs and how to minimise the costs of forex tradi... http://www.44FOREX.com FREE FOREX ROBOT, Easy Instant Profit, No Experience Needed, 100% Free Forex Trading Robot Software. Detailed Installation Manual Show that you know how to trade, get finance, get up to 100k Dollars and trade it! 70% of the profit will be yours! This offer is amazing and provides the traders with the solution they are ...

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