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Risk aversion continues as yields pushed the US stock indices lower. The biggest casualty was the tech-heavy Nasdaq which suffers the most from the rising cost of financing. Markets are worried that the fed is behind the curve and acting too slow. This creates inflation fears and pressures the stock markets. Therefore today’s main risk events are the release of US inflation data (CPI and PPI) are highly significant and could swing the dollar and the stock indices substantially. My trade ideas for today are GBPAUD long and EURAUD short. I will also provide updates on EURGBP and EURCHF. And I’ll keep you posted via Telegraph when I see new opportunities emerging. By reading further, you agree with our disclaimer at the end of this report and acknowledge that we do not provide investment advice.To get more news about tiomarkets trading, you can visit wikifx.com official website.
The way I have structured my analysis is that I will post trade ideas when I see them but when now apparent trade ideas stand out at the time of writing the analysis I will provide you with analysis and key price levels on markets that are worth putting on a watchlist. As soon as something catches my eye I will update you on our Telegram channel.
EURAUD has been rallying lately but yesterday the red team started to get active below the 1.4690 support level. The level also coincides with a downward pointing trend channel top which adds to its significance. Sellers pushed the pair below a rising trendline so this could turn into a shorting opportunity. I’m interested in shorting this market below the 1.4690 resistance with targets at 1.4570 (T1) and 1.4476 (T2). Alternative scenario: EURAUD rallies above 1.4690 and moves to 1.4760.
EURGBP missed my T1 level by 0.07%. In general, it makes sense to take profits somewhere ‘close enough’ to a target level as the R/R gets worse the closer the price gets to a target level. Now the pair has moved to the level I gave you in the alternative scenario. The pair is now trading in a tight range between 0.8342 and 0.8360. Measured moves point to 0.8325 on the downside and 0.8375 on the upside. These are likely target if there’s a decisive breakout in either direction. EUR is weakish against the major competitors so the support could break first.
EURCHF is trading right below the 1.0131 support which has been a key support level lately. I said yesterday (here) that as the pair once again failed to stay above the 1.0194 key resistance the probabilities for the market breaking the 1.0131and heading to my T1 1.0067 have increased. It’s now interesting to see if there will be follow-through selling in this market or whether the bulls will once more try to push the price higher. The pair stays bearish below the 1.0194 level. The alternative scenario is that EURCHF rallies above the 1.0194 resistance and moves to 1.0280.
Macro Drivers for the USD As the most followed, invested and traded markets for risky assets are priced in the USD it is helpful to understand what macroeconomic factors impact the other side of the equation, the USD. Whether we are trading EURUSD, XAUUSD or US equity CFDs the factors impacting the dollar, the nominator in the equation, have a significant role in the formation of all medium to long-term price action. The following table summarises the most important fundamentals.
The way I have structured my analysis is that I will post trade ideas when I see them but when now apparent trade ideas stand out at the time of writing the analysis I will provide you with analysis and key price levels on markets that are worth putting on a watchlist. As soon as something catches my eye I will update you on our Telegram channel.
EURAUD has been rallying lately but yesterday the red team started to get active below the 1.4690 support level. The level also coincides with a downward pointing trend channel top which adds to its significance. Sellers pushed the pair below a rising trendline so this could turn into a shorting opportunity. I’m interested in shorting this market below the 1.4690 resistance with targets at 1.4570 (T1) and 1.4476 (T2). Alternative scenario: EURAUD rallies above 1.4690 and moves to 1.4760.
EURGBP missed my T1 level by 0.07%. In general, it makes sense to take profits somewhere ‘close enough’ to a target level as the R/R gets worse the closer the price gets to a target level. Now the pair has moved to the level I gave you in the alternative scenario. The pair is now trading in a tight range between 0.8342 and 0.8360. Measured moves point to 0.8325 on the downside and 0.8375 on the upside. These are likely target if there’s a decisive breakout in either direction. EUR is weakish against the major competitors so the support could break first.
EURCHF is trading right below the 1.0131 support which has been a key support level lately. I said yesterday (here) that as the pair once again failed to stay above the 1.0194 key resistance the probabilities for the market breaking the 1.0131and heading to my T1 1.0067 have increased. It’s now interesting to see if there will be follow-through selling in this market or whether the bulls will once more try to push the price higher. The pair stays bearish below the 1.0194 level. The alternative scenario is that EURCHF rallies above the 1.0194 resistance and moves to 1.0280.
Macro Drivers for the USD As the most followed, invested and traded markets for risky assets are priced in the USD it is helpful to understand what macroeconomic factors impact the other side of the equation, the USD. Whether we are trading EURUSD, XAUUSD or US equity CFDs the factors impacting the dollar, the nominator in the equation, have a significant role in the formation of all medium to long-term price action. The following table summarises the most important fundamentals.
USD Selloff Halts As All Eyes Turn To The IMF Event
US Treasury bond yields experienced a sharp decline which led to a weaker US dollar across the board on Wednesday as the greenback reeled from the pressure against its major rivals. On Thursday, the USD held firmly as investors eye the IMF Spring Meetings announcement by Federal Reserve Chairman Jerome Powell and European Central Bank (ECB) Christine Lagarde. On the agenda, are Europe's revised inflation figures and April's preliminary Consumer Confidence data. Later in the day, the US weekly Initial Jobless Claims and Philadelphia Fed Manufacturing Survey will be disclosed.To get more news about osprey fx, you can visit wikifx.com official website.
This week, the US Dollar Index /DXY) lost 0.65%, while the 10-year US T-bond yield fell 3.5%. Several comments from Fed officials affected the dollar's ability to strengthen. Chicago Fed President Charles Evans highlighted that it is unlikely inflation will drop back to 2% in the coming year even if factors pushing the price increase would begin to dissipate.
Meanwhile, the EUR/USD gained more than 50 pips and a hawkish ECB comment pushed the pair somewhat into demand territory. Moreover, ECB policymaker Martins Kazaks said that a rate hike is likely as soon as July and that policy rates could get positive within the year.
As GBP/USD found itself on a four-day losing streak, the pair remained solidly around 1.3050 in the early European session. The USD/JPY started a downward correction after it reached a record high of 129.24. It finally seemed to consolidate near the 128 mark.
LongAsia is another dubious CFDs, Cryptocurrency, and Forex online trading scam targeting investors from the Asia region. Long Asia is professing to be regulated by the Indonesian Commodity and Derivatives Exchange. As our review has determined, this platform is not to be trusted. Hundreds of members are up in arms with the platform for not releasing funds. Read this genuine and honest LONGASIA Review and get the whole truth.To get more news about iqcent, you can visit wikifx.com official website.
Claims of the platform being a scam started a few months ago when members sent withdrawal requests. Hang Ming reached out to the help desk to try and find out why the platform was behaving this way. After sending a few emails, she was shocked to get a reply saying that her bank was refusing to deposit the money. These scam artists are using the narrative that the banks are refusing to accept their system. With this statement, Ming has never heard from this platform and has since given up.
LongAsia is clearly having a bad reputation online with scathing reviews about it. Most members are unhappy with the withdrawal mostly and other issues. Other problems we noticed with the platform lacks adequate information regarding their features. You would expect the platform to have details regarding leverage and spreads. Long Asia doesn’t have any meaningful information on their platform.
LongAsia Group is the company which claims to be the owner of this ridiculous platform. Through its subsidiaries, LongAsia Group offers services which include Foreign exchange transactions and asset management. Other services listed on their about us page include liquidity settlement, futures, and securities. They claim to be recognized by the Hong Kong Monetary Authority. Scam artists will try and align their products with official institutions to throw off unsuspecting investors.
These scam artists are using the name of a legit company named Long Asia Group. The scam artists have been using the name for quite some time. A look at the domain register whois.net reveals their whole timeline. , LongAsia is a platform which was created late 2019.
LongAsia is NOT LICENSED OR REGULATED by any official regulatory in the industry. A look at the company register in Hong Kong does not show any company with this domain name. Once you look at the company register, you will see the legit company Long Asia Group existence. To be safe when trading online, you need to use experienced and trustworthy brokers with a strong solid reputation. Using unproven platforms will lead to you losing your entire funds. It is best to stay away from anonymous and unlicensed platforms as they don’t insure deposits made by members.
Disclaimer at the footer of their homepage shows that the platform has a clearing license. The license number is a complete copy of the original Long Asia Group license number. These scam artists have cloned that website and using the logo and information as their own. There are major differences with the two platforms as our ideal investigation revealed. Stay away from this illicit platform and use genuine and reliable Forex trading tools. You can choose to use recommended and top rated Forex trading robots as a substitute for brokers.
LongAsia is furnishing users with two account types, ECN and Standard accounts. The problem with these accounts is that they fail to give any meaningful information regarding the account types. These accounts don’t have information regarding minimum acceptable deposit or features. Once you open an account, you never know who is in control. It seems users are giving trading and funds in the hands of this broker. The bad news is that these are online scam artists who don’t have a clue about trading.
Claims of the platform being a scam started a few months ago when members sent withdrawal requests. Hang Ming reached out to the help desk to try and find out why the platform was behaving this way. After sending a few emails, she was shocked to get a reply saying that her bank was refusing to deposit the money. These scam artists are using the narrative that the banks are refusing to accept their system. With this statement, Ming has never heard from this platform and has since given up.
LongAsia is clearly having a bad reputation online with scathing reviews about it. Most members are unhappy with the withdrawal mostly and other issues. Other problems we noticed with the platform lacks adequate information regarding their features. You would expect the platform to have details regarding leverage and spreads. Long Asia doesn’t have any meaningful information on their platform.
LongAsia Group is the company which claims to be the owner of this ridiculous platform. Through its subsidiaries, LongAsia Group offers services which include Foreign exchange transactions and asset management. Other services listed on their about us page include liquidity settlement, futures, and securities. They claim to be recognized by the Hong Kong Monetary Authority. Scam artists will try and align their products with official institutions to throw off unsuspecting investors.
These scam artists are using the name of a legit company named Long Asia Group. The scam artists have been using the name for quite some time. A look at the domain register whois.net reveals their whole timeline. , LongAsia is a platform which was created late 2019.
LongAsia is NOT LICENSED OR REGULATED by any official regulatory in the industry. A look at the company register in Hong Kong does not show any company with this domain name. Once you look at the company register, you will see the legit company Long Asia Group existence. To be safe when trading online, you need to use experienced and trustworthy brokers with a strong solid reputation. Using unproven platforms will lead to you losing your entire funds. It is best to stay away from anonymous and unlicensed platforms as they don’t insure deposits made by members.
Disclaimer at the footer of their homepage shows that the platform has a clearing license. The license number is a complete copy of the original Long Asia Group license number. These scam artists have cloned that website and using the logo and information as their own. There are major differences with the two platforms as our ideal investigation revealed. Stay away from this illicit platform and use genuine and reliable Forex trading tools. You can choose to use recommended and top rated Forex trading robots as a substitute for brokers.
LongAsia is furnishing users with two account types, ECN and Standard accounts. The problem with these accounts is that they fail to give any meaningful information regarding the account types. These accounts don’t have information regarding minimum acceptable deposit or features. Once you open an account, you never know who is in control. It seems users are giving trading and funds in the hands of this broker. The bad news is that these are online scam artists who don’t have a clue about trading.
Hankotrade is another rotten CFDs and Forex scam platform to hit the lucrative trading world. Hanko Trade is purporting to offer spreads starting from as low as 0.0 pips. With claims of also offering leverage of 500x, most investors sign up not knowing the scam behind it. Members are coming out crying foul after having their accounts frozen for no reason. Read this full HANKOTRADE Review for more details.To get more news about oneup trader, you can visit wikifx.com official website.
What we learned in regards to this platform is shocking beyond words. Scam artists are behind this trading platform and are stealing from anyone who deposits funds. With strong evidence showing these are offshore brokers, we must expose this platform. Hankotrade is another online scam platform targeting unsuspecting online investors. Without further delay, we will expose the tricks used by these scam artists. Continue reading this detailed and eye-opening Hanko Trade Review for more.
Why do investors fall for scams? Scam artists know for a fact that we all want to make an extra buck. With this in mind, they come up with over the moon claims to attract unsuspecting investors. In most cases, they will guarantee a profit margin of over 90%. Hanko trade is using the same tactic only that they appear to offer attractive features. With a well-designed website, it is easy for the naked eye to fall in love with the platform. Thanks to our years of trading experience, we know how to spot a scam from a mile away.
Disclaimer at the footer of their homepage does not reveal any information regarding ownership. We headed for their contact page to know more about this platform. Details show the platform is operating in Seychelles which means we are dealing with offshore brokers. A huge problem with offshore brokers is they don’t follow strict industry guidelines. Hankotrade is not going to insure funds as dictated by trading laws. Whoever signs up with this platform should expect nothing but shoddy activities.
Who is the person behind this platform? Why can’t we get the names of people running this website? Without an actual name, it is clear HANKOTRADE is anonymous. Anonymity is a scammer’s best friend and it allows owners to do what they want. Scam artists will openly refuse members to withdraw funds which is what’s happening. Investors are warned not to associate with any platform which is anonymous. Phone number listed is also a red flag as it is actually based in the Auk.
Being based in Seychelles, we highly doubt this platform is licensed by proper authorities. Homepage does not give any indication of Hanko Trade ever being licensed. A huge problem with this platform is they don’t post any information to validate their licensing. We made sure to contact leading regulatory bodies and check whether Hanko trade is licensed. Shocked by what we found out, it is clear some European bodies have issued an alert over this platform. Hankotrade is not licensed to operate any Forex trading services.
Why have they failed to give details regarding their license and registration number? As an investor, you would expect to find license details posted on the website. Copies of their license and registration certificates should be displayed for all to see. Without a valid trading license, any investor who signs up should expect nothing but trouble. Governing bodies such as ASIC, CONSOB, CySEC, FCA, NFA, and SEC have blacklisted Hanko trade. Stay away from this platform.
Brokers are another important aspect when it comes to online trading. Once you get the right broker, you are guaranteed of a safe trading experience. Best you go for brokers who are credible and dependable at all times. Genuine and transparent brokers will ensure you stay ahead of the pack. Start making the right decisions and use industry leading and tested Forex brokers. Increase your chances of winning by choosing leading brokers. Trusted brokers are a gem to have in your corner.
What we learned in regards to this platform is shocking beyond words. Scam artists are behind this trading platform and are stealing from anyone who deposits funds. With strong evidence showing these are offshore brokers, we must expose this platform. Hankotrade is another online scam platform targeting unsuspecting online investors. Without further delay, we will expose the tricks used by these scam artists. Continue reading this detailed and eye-opening Hanko Trade Review for more.
Why do investors fall for scams? Scam artists know for a fact that we all want to make an extra buck. With this in mind, they come up with over the moon claims to attract unsuspecting investors. In most cases, they will guarantee a profit margin of over 90%. Hanko trade is using the same tactic only that they appear to offer attractive features. With a well-designed website, it is easy for the naked eye to fall in love with the platform. Thanks to our years of trading experience, we know how to spot a scam from a mile away.
Disclaimer at the footer of their homepage does not reveal any information regarding ownership. We headed for their contact page to know more about this platform. Details show the platform is operating in Seychelles which means we are dealing with offshore brokers. A huge problem with offshore brokers is they don’t follow strict industry guidelines. Hankotrade is not going to insure funds as dictated by trading laws. Whoever signs up with this platform should expect nothing but shoddy activities.
Who is the person behind this platform? Why can’t we get the names of people running this website? Without an actual name, it is clear HANKOTRADE is anonymous. Anonymity is a scammer’s best friend and it allows owners to do what they want. Scam artists will openly refuse members to withdraw funds which is what’s happening. Investors are warned not to associate with any platform which is anonymous. Phone number listed is also a red flag as it is actually based in the Auk.
Being based in Seychelles, we highly doubt this platform is licensed by proper authorities. Homepage does not give any indication of Hanko Trade ever being licensed. A huge problem with this platform is they don’t post any information to validate their licensing. We made sure to contact leading regulatory bodies and check whether Hanko trade is licensed. Shocked by what we found out, it is clear some European bodies have issued an alert over this platform. Hankotrade is not licensed to operate any Forex trading services.
Why have they failed to give details regarding their license and registration number? As an investor, you would expect to find license details posted on the website. Copies of their license and registration certificates should be displayed for all to see. Without a valid trading license, any investor who signs up should expect nothing but trouble. Governing bodies such as ASIC, CONSOB, CySEC, FCA, NFA, and SEC have blacklisted Hanko trade. Stay away from this platform.
Brokers are another important aspect when it comes to online trading. Once you get the right broker, you are guaranteed of a safe trading experience. Best you go for brokers who are credible and dependable at all times. Genuine and transparent brokers will ensure you stay ahead of the pack. Start making the right decisions and use industry leading and tested Forex brokers. Increase your chances of winning by choosing leading brokers. Trusted brokers are a gem to have in your corner.
The company was founded in July 1916 by the American aviation pioneer William Boeing. It debuted as an airplane factory, under the name Pacific Aero Products Co.; and became Boeing on 1st August, 1997 – as a result of its merger with the major aerospace manufacturing corporation McDonnell Douglas.To get more news about astro forex, you can visit wikifx.com official website.
Boeing is now among the world’s largest global aircraft manufacturers and operates through its subsidiaries, which include the following brands: Boeing Defence UK, Boeing Aircraft Holding, and Boeing Canada. With a worldwide coverage, the aerospace giant has five business sectors: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Shared Services Group, and Boeing Capital. Some of the most prominent products from its portfolio are the Boeing 737, 747, 767, 777, and 787 jet airliners; the CH-47 Chinook twin-engine helicopter; the Boeing 702 family of communication satellite bus, the McDonnell Douglas F-15 Eagle; and last but not least – the Boeing F/A-18E and F/A-18F Super Hornet.
Boeing’s corporate headquarters are located in Chicago, Illinois; and it is led by the American businessman Dennis Muilenburg, who has been the Chairman, President, and CEO of the company since 2015.Boeing (NYSE: BA) is publicly-listed and traded on the New York Stock Exchange, and is included in the Dow Jones Industrial Average (DIJA), as well as in the S&P 100 and S&P 500 Components. With more than $3 billion invested in research and development each year, according to their statement as projected on their official website1; the company has always managed to contribute to the aerospace & defense sectors with spearheading and innovative designs and products, like the 787 Dreamliner airplane. Moreover, in 2014, NASA paid Boeing $4.2 billion for its CST-100 Starliner capsule2, under the Commercial Crew Program. SpaceX’s Crew Dragon was also included in the contract, with a $2.6 billion deal. The entire goal of the on-going mission is to replace the costly Russian Soyuz rockets and spacecraft with the two capsules, to facilitate the travels of NASA’s astronauts to and from the ISS. These futuristic and innovative plans and operations in which Boeing kept engaging made it an attractive stock for investors over the years, but it also helped it expand.
The company used the profits3 from record jet sales in 2017 as projected on their official website to transition into additional business segments and announced its intentions to close a deal with the international high-technology group Safran (EPA: SAF), for the two companies to jointly design, build and service Auxiliary Power Units (APUs).
In November 2018, they received regulatory approvals for a joint venture. Shifting to the defense sector, which represents about 22% of Boeing’s annual sales4, 2018 has been a good year for the firm, under the supportive Trump administration.
According to The Street5, following a solid international demand, Boeing registered $12 billion in new orders in the first quarter of 2018, which made the operating profits of the segment to go up 13% and 18%, respectively, from the previous year. Overall, according to the official data published by the company6 – 2018 ended with record revenue of $101.1 billion, record GAAP EPS of $17.85 and record core EPS (non-GAAP) of $16.01, as well as a record operating cash flow of $15.3 billion. Boeing’s year on year earnings growth rate7 has been positive in the past five years, and in 2017 has spiked up to 31.8%, surpassing the 5-year average of 13.2%.
On 10th March 2019, a Boeing 737 Max 8 jetliner crashed shortly after leaving Ethiopia’s capital, killing all people on board. The same model crashed five months earlier in Indonesia, leaving no survivors. The two planes collapsed in identical ways, faltering minutes after takeoff and plunging into a deadly descent.
Amid growing scrutiny surrounding the similar circumstances of the two tragedies, a number of countries grounded the 737 Max 8 jetliners, including the United States. According to CNN8, Boeing’s shares fell 3% right after President Donald Trump made the announcement. Even though it rebounded and ended higher (377.14), the stock is still down more than 10% since the crash, “wiping more than $25 billion off the company’s market value”. At the time of writing (03/19/2019), Boeing opened at 371.14, hit a high of 378.77 and closed at 373.43 .
Boeing is now among the world’s largest global aircraft manufacturers and operates through its subsidiaries, which include the following brands: Boeing Defence UK, Boeing Aircraft Holding, and Boeing Canada. With a worldwide coverage, the aerospace giant has five business sectors: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Shared Services Group, and Boeing Capital. Some of the most prominent products from its portfolio are the Boeing 737, 747, 767, 777, and 787 jet airliners; the CH-47 Chinook twin-engine helicopter; the Boeing 702 family of communication satellite bus, the McDonnell Douglas F-15 Eagle; and last but not least – the Boeing F/A-18E and F/A-18F Super Hornet.
Boeing’s corporate headquarters are located in Chicago, Illinois; and it is led by the American businessman Dennis Muilenburg, who has been the Chairman, President, and CEO of the company since 2015.Boeing (NYSE: BA) is publicly-listed and traded on the New York Stock Exchange, and is included in the Dow Jones Industrial Average (DIJA), as well as in the S&P 100 and S&P 500 Components. With more than $3 billion invested in research and development each year, according to their statement as projected on their official website1; the company has always managed to contribute to the aerospace & defense sectors with spearheading and innovative designs and products, like the 787 Dreamliner airplane. Moreover, in 2014, NASA paid Boeing $4.2 billion for its CST-100 Starliner capsule2, under the Commercial Crew Program. SpaceX’s Crew Dragon was also included in the contract, with a $2.6 billion deal. The entire goal of the on-going mission is to replace the costly Russian Soyuz rockets and spacecraft with the two capsules, to facilitate the travels of NASA’s astronauts to and from the ISS. These futuristic and innovative plans and operations in which Boeing kept engaging made it an attractive stock for investors over the years, but it also helped it expand.
The company used the profits3 from record jet sales in 2017 as projected on their official website to transition into additional business segments and announced its intentions to close a deal with the international high-technology group Safran (EPA: SAF), for the two companies to jointly design, build and service Auxiliary Power Units (APUs).
In November 2018, they received regulatory approvals for a joint venture. Shifting to the defense sector, which represents about 22% of Boeing’s annual sales4, 2018 has been a good year for the firm, under the supportive Trump administration.
According to The Street5, following a solid international demand, Boeing registered $12 billion in new orders in the first quarter of 2018, which made the operating profits of the segment to go up 13% and 18%, respectively, from the previous year. Overall, according to the official data published by the company6 – 2018 ended with record revenue of $101.1 billion, record GAAP EPS of $17.85 and record core EPS (non-GAAP) of $16.01, as well as a record operating cash flow of $15.3 billion. Boeing’s year on year earnings growth rate7 has been positive in the past five years, and in 2017 has spiked up to 31.8%, surpassing the 5-year average of 13.2%.
On 10th March 2019, a Boeing 737 Max 8 jetliner crashed shortly after leaving Ethiopia’s capital, killing all people on board. The same model crashed five months earlier in Indonesia, leaving no survivors. The two planes collapsed in identical ways, faltering minutes after takeoff and plunging into a deadly descent.
Amid growing scrutiny surrounding the similar circumstances of the two tragedies, a number of countries grounded the 737 Max 8 jetliners, including the United States. According to CNN8, Boeing’s shares fell 3% right after President Donald Trump made the announcement. Even though it rebounded and ended higher (377.14), the stock is still down more than 10% since the crash, “wiping more than $25 billion off the company’s market value”. At the time of writing (03/19/2019), Boeing opened at 371.14, hit a high of 378.77 and closed at 373.43 .
This broker was not featured in our 2022 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.To get more news about tiomarkets, you can visit wikifx.com official website.
We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. All brokers are then given a score out of 100. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.
If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.
Abshire-Smith has its main office in London and is regulated by the FCA. FCA is one of the select few regulatory organizations in the world that are highly trusted by a majority of FX traders. Since the company is focusing on traders from the Middle East and other parts of EU, Africa, and Asia, the company hasn’t bothered to set up an office in the US, neither has it mentioned any intent on being regulated by the NFA. Therefore, Abshire-Smith makes it clear that they do not accept US traders at any cost. It is also interesting to note that traders from Iran also find it difficult to open an account at Abshire Smite, and residents of countries listed on the UN sanctions list will also find it difficult to open a trading account with the company.
FCA regulation is an essential aspect of Forex trading that helps traders to feel safe and secure against broker frauds or financial malpractices. All client funds are kept in segregated accounts in leading banks of the UK, and every trader is protected by the Financial Services Compensation Scheme that protects a customer against issues such as broker insolvency. FCA regulated companies are audited on a periodic basis, and brokers don’t trade against a trader’s position. Stringent regulatory guidelines offer protection against most conventional broker issues such as price manipulation, incorrect price feeds, and more.
The minimum deposit required to open an account at Abshire-Smith is $500, which is higher than most established Forex brokers. The relatively higher initial deposit is designed to deter small retail traders from opening an account with the company. A $500 initial deposit qualifies for a Mini account, while a $1000 initial deposit can provide access to either the Mini ECN account or the Standard Account. VIP accounts are available for deposits greater than $10,000.
Every account is offered with a maximum Abshire-Smith leverage of 1:200 for Forex and 1:100 for other assets such as commodities and precious metals. Abshire-Smith spreads also start from 0.7 pips for the VIP account to a minimum of 1.8 pips, excluding commission, for the Mini ECN account. The spreads are considered to be highly competitive and are one of the great advantages of trading with Abshire-Smith. The broker connects their traders to a global liquidity pool to offer excellent price feeds and tight spreads to provide a real ECN trading environment.
There are plenty of financial assets to choose from, and traders can invest in FX, commodities, equities, CFDs, or precious metals through a single account. Since the broker offers Sharia compliant trading accounts for all of their investors, there are no SWAPs whatsoever for overnight trades. Lower spreads and a lack of SWAPs combine to provide a highly cost-effective trading account for traders who are concerned about the outflow in Forex trading. The low cost of trading can also result in a high performance, which is tough to replicate using other FX brokers.
One of the primary disadvantages of the company is that they only provide 22 currency pairs. The company believes that expert traders only use the major pairs and a few minor pairs in their trading portfolio, and never actually bothered to include the full list of currency pairs that are available in the market. On the payment front, deposits and withdrawals can be done using bank transfer, online payment processors such as Skrill and CashU, and by using credit cards. Card and online deposits are made instantly, while withdrawals can take up to 24 hours.
The broker has an excellent customer support channel available for traders around the clock; however, the languages are restricted to English and Arabic. This proves the company’s intent on entertaining clients from the Middle East, but the English support channel is also highly responsive and helpful.
We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. All brokers are then given a score out of 100. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.
If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.
Abshire-Smith has its main office in London and is regulated by the FCA. FCA is one of the select few regulatory organizations in the world that are highly trusted by a majority of FX traders. Since the company is focusing on traders from the Middle East and other parts of EU, Africa, and Asia, the company hasn’t bothered to set up an office in the US, neither has it mentioned any intent on being regulated by the NFA. Therefore, Abshire-Smith makes it clear that they do not accept US traders at any cost. It is also interesting to note that traders from Iran also find it difficult to open an account at Abshire Smite, and residents of countries listed on the UN sanctions list will also find it difficult to open a trading account with the company.
FCA regulation is an essential aspect of Forex trading that helps traders to feel safe and secure against broker frauds or financial malpractices. All client funds are kept in segregated accounts in leading banks of the UK, and every trader is protected by the Financial Services Compensation Scheme that protects a customer against issues such as broker insolvency. FCA regulated companies are audited on a periodic basis, and brokers don’t trade against a trader’s position. Stringent regulatory guidelines offer protection against most conventional broker issues such as price manipulation, incorrect price feeds, and more.
The minimum deposit required to open an account at Abshire-Smith is $500, which is higher than most established Forex brokers. The relatively higher initial deposit is designed to deter small retail traders from opening an account with the company. A $500 initial deposit qualifies for a Mini account, while a $1000 initial deposit can provide access to either the Mini ECN account or the Standard Account. VIP accounts are available for deposits greater than $10,000.
Every account is offered with a maximum Abshire-Smith leverage of 1:200 for Forex and 1:100 for other assets such as commodities and precious metals. Abshire-Smith spreads also start from 0.7 pips for the VIP account to a minimum of 1.8 pips, excluding commission, for the Mini ECN account. The spreads are considered to be highly competitive and are one of the great advantages of trading with Abshire-Smith. The broker connects their traders to a global liquidity pool to offer excellent price feeds and tight spreads to provide a real ECN trading environment.
There are plenty of financial assets to choose from, and traders can invest in FX, commodities, equities, CFDs, or precious metals through a single account. Since the broker offers Sharia compliant trading accounts for all of their investors, there are no SWAPs whatsoever for overnight trades. Lower spreads and a lack of SWAPs combine to provide a highly cost-effective trading account for traders who are concerned about the outflow in Forex trading. The low cost of trading can also result in a high performance, which is tough to replicate using other FX brokers.
One of the primary disadvantages of the company is that they only provide 22 currency pairs. The company believes that expert traders only use the major pairs and a few minor pairs in their trading portfolio, and never actually bothered to include the full list of currency pairs that are available in the market. On the payment front, deposits and withdrawals can be done using bank transfer, online payment processors such as Skrill and CashU, and by using credit cards. Card and online deposits are made instantly, while withdrawals can take up to 24 hours.
The broker has an excellent customer support channel available for traders around the clock; however, the languages are restricted to English and Arabic. This proves the company’s intent on entertaining clients from the Middle East, but the English support channel is also highly responsive and helpful.
When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if INTRGROUP is an offshore and/or unregulated entity.To get more news about blackbull markets, you can visit wikifx.com official website.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. Some examples of regulatory authorities that issue brokerage licenses are:
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.
Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.If you have lost money with INTRGROUP, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.
After filling out the form above, and validating your eligibility for their programs, MyChargeBack will help you build a solid case to regain your funds as soon as possible.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. Some examples of regulatory authorities that issue brokerage licenses are:
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.
Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.If you have lost money with INTRGROUP, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.
After filling out the form above, and validating your eligibility for their programs, MyChargeBack will help you build a solid case to regain your funds as soon as possible.
Investment scams are getting harder to spot, but there are some signs that you should take into consideration to protect your money.To get more news about tiomarket review, you can visit wikifx.com official website.
To avoid being scammed by an investment scam scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (Facebook, twitter, instagram…) and investment forums, we found out that some users are unhappy about their experience with Mirollex and wrote mixed reviews about it.
It seems like Mirollex is not a reliable investment firm and you should take that into consideration before investing.
If you don’t want to be the next victim of a fraudulent online investment website promising high returns and operating with a fake company, always do your own research first before investing.This is the most important thing you need to know about an investment company before using it. Is Mirollex regulated ? Is it an offshore company ?
Most investment frauds are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if an investment firm steal your money, you won’t be able to complain about it unless they are licensed by a serious regulator such as:The common used strategy by fraudsters is to first send you some returns to give you the impression that you are quickly and effortlessly making money. This allow them to gain your trust.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend or close your account and you probably won’t hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
To avoid being scammed by an investment scam scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (Facebook, twitter, instagram…) and investment forums, we found out that some users are unhappy about their experience with Mirollex and wrote mixed reviews about it.
It seems like Mirollex is not a reliable investment firm and you should take that into consideration before investing.
If you don’t want to be the next victim of a fraudulent online investment website promising high returns and operating with a fake company, always do your own research first before investing.This is the most important thing you need to know about an investment company before using it. Is Mirollex regulated ? Is it an offshore company ?
Most investment frauds are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if an investment firm steal your money, you won’t be able to complain about it unless they are licensed by a serious regulator such as:The common used strategy by fraudsters is to first send you some returns to give you the impression that you are quickly and effortlessly making money. This allow them to gain your trust.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend or close your account and you probably won’t hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
Global Prime is an Australian owned ECN broker, offering trading in forex, CFDs and commodities. The company specialises in low latency connectivity to tier-1 bank liquidity. Our review explores spreads, commission, leverage, opening a live account and more. Make an informed trading decision today.To get more news about globalprime, you can visit wikifx.com official website.
Global Prime was founded in 2010 and is based in Australia. The brokerage appeals to retail and institutional traders who are offered MT4, TraderEvolution and FIX API in forex, CFD and commodity markets. The company offers straight through processing and promises the best execution as their ECN allows for direct access to 26 liquidity providers.
The Global Prime Group is comprised of a network across Australia (Global Prime PTY Ltd), Vanuatu (Gleneagle Securities PTY Limited), and Seychelles (Global Prime FX Ltd). They are each regulated by the ASIC, VFSC and FSA.
The company’s leadership team have a combined experience of 80+ years within financial trading and related markets. Their investing services are used by over 10,000 traders globally and are available in over 194 countries, including the UK, though traders from United States are prohibited from opening an account.
Clients can trade with the popular MT4 platform, best-known for trading on the forex market. MT4 offers advanced charting functionality, 30 built-in indicators, one-click trading, automated investing through APIs, among other features.
The MT4 platform is suitable for clients looking to enjoy institutional style trading or scalping strategies. The platform is also suited to both new and more advanced traders.The TraderEvolution platform caters to professional traders who seek more advanced functionality for order entry, analysis and algorithmic trading. It comes with 14 fully customisable chart types, multiple time frames, ability to view market depth and one-click trading.
It is equipped with the same pricing and execution as the MT4 platform but offers greater transparency over liquidity, level 2 pricing, DoM trading and volume analysis.The FIX API solution is also designed for professional traders who are looking to deploy proprietary algorithmic trading solutions with the lowest possible latency. The platform is best suited to experienced traders who want the flexibility to use any programming language.
What’s particularly useful is the ability to connect directly with trading servers in real time, as opposed to going through third-party programs such as MT4. For easy account management and access, trades are drop copied to either an MT4 or TraderEvolution account.Spreads at Global Prime are variable starting from 0.0 pips. Typical spreads on leading pairs EUR/USD are 0.1 and 0.6 on GBPUSD. Typical spreads on FTSE100 are 0.84 and 1 on the Nasdaq 100.
Global Prime only charges commissions on forex and metal trades with the ECN account. Commission charges per standard lot are as follows: 7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD.The company also offers competitive overnight swap rates, which are taken directly from the interbank market.
Global Prime was founded in 2010 and is based in Australia. The brokerage appeals to retail and institutional traders who are offered MT4, TraderEvolution and FIX API in forex, CFD and commodity markets. The company offers straight through processing and promises the best execution as their ECN allows for direct access to 26 liquidity providers.
The Global Prime Group is comprised of a network across Australia (Global Prime PTY Ltd), Vanuatu (Gleneagle Securities PTY Limited), and Seychelles (Global Prime FX Ltd). They are each regulated by the ASIC, VFSC and FSA.
The company’s leadership team have a combined experience of 80+ years within financial trading and related markets. Their investing services are used by over 10,000 traders globally and are available in over 194 countries, including the UK, though traders from United States are prohibited from opening an account.
Clients can trade with the popular MT4 platform, best-known for trading on the forex market. MT4 offers advanced charting functionality, 30 built-in indicators, one-click trading, automated investing through APIs, among other features.
The MT4 platform is suitable for clients looking to enjoy institutional style trading or scalping strategies. The platform is also suited to both new and more advanced traders.The TraderEvolution platform caters to professional traders who seek more advanced functionality for order entry, analysis and algorithmic trading. It comes with 14 fully customisable chart types, multiple time frames, ability to view market depth and one-click trading.
It is equipped with the same pricing and execution as the MT4 platform but offers greater transparency over liquidity, level 2 pricing, DoM trading and volume analysis.The FIX API solution is also designed for professional traders who are looking to deploy proprietary algorithmic trading solutions with the lowest possible latency. The platform is best suited to experienced traders who want the flexibility to use any programming language.
What’s particularly useful is the ability to connect directly with trading servers in real time, as opposed to going through third-party programs such as MT4. For easy account management and access, trades are drop copied to either an MT4 or TraderEvolution account.Spreads at Global Prime are variable starting from 0.0 pips. Typical spreads on leading pairs EUR/USD are 0.1 and 0.6 on GBPUSD. Typical spreads on FTSE100 are 0.84 and 1 on the Nasdaq 100.
Global Prime only charges commissions on forex and metal trades with the ECN account. Commission charges per standard lot are as follows: 7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD.The company also offers competitive overnight swap rates, which are taken directly from the interbank market.
Daily Market Lookup
The U.S. dollar weakened in early European trade Thursday, retreating from a two-year high as the rally in U.S. bond yields paused for breath, ahead of a highly-anticipated European Central Bank meeting. The benchmark 10-year Treasury yield traded at 2.684% early Thursday, retreating from Tuesday's high of 2.836% as weaker than expected U.S. core consumer inflation reined in some expectations of more aggressive Federal Reserve tightening to combat inflation later in the year. Still, most attention Thursday will be on the European Central Bank meeting later in the day, to see whether the policymakers feel the need to combat record inflation levels even in the face of a potential war-induced recession. As it stands the ECB plans to end its emergency bond buying at some point in the third quarter, with interest rates going up "some time" after that. This would be the fourth meeting in a row that the central bank has decided against raising interest rates after, under pressure from President Recep Tayyip Erdogan, it halted a series of rate cuts at the end of last year.To get more news about kot4x, you can visit wikifx.com official website.
The dollar lost ground against most major peers on Thursday, falling from two year peak hit overnight, as U.S. yields paused their march higher after U.S data released earlier in the week showed inflation lower than some analysts had feared. Even the battered yen had some respite, making a small recovery from a 20-year low hit overnight, though analysts reckoned the yen's tone remained weak. Otherwise, investors were awaiting a European Central Bank meeting later in the day, to see whether it was as hawkish as some of its global peers, after a spate of rate increases in recent days. However, while high, these were not quite as bad as some had feared, which observers said caused yields to pause. Other central banks reinforced the hawkish global mood ahead of the ECB meeting. Earlier in the day, the Bank of Korea, surprised markets with a rate hike, and the Monetary Authority of Singapore also tightened policy. The pause in yields meant the Japanese yen managed a small recovery in U.S. trade which continued into early Asia. It was last at 125.37 per dollar, having fallen to a 20 year low of 126.31 on Wednesday. More than three-quarters of Japanese firms say the yen has declined to point of being detrimental to their business, a Reuters poll found, with almost half of companies expecting a hit to earnings.
Gold was down on Thursday morning in Asia. However, the yellow metal was set for a second consecutive weekly gain as the war in Ukraine and broadening inflationary pressures give the safe-haven metal a boost. The benchmark 10-year Treasury yield fell on Wednesday, following steady gains earlier in the month as investors bet that the U.S. Federal Reserve would aggressively tighten monetary policy to curb high inflation. In Asia Pacific, the People's Bank of China (PBOC) is expected to cut the one-year policy loans interest rate on Friday, its second time doing so in 2022 to date. PBOC is also expected to lower the reserve requirement ratio soon The Bank of Korea hiked its interest rate to 1.5% as it handed down its latest policy decision. Investors now await the European Central Bank's policy decision, due later in the day. Meanwhile, the war in Ukraine, ongoing since the Russian invasion on Feb. 24, continues. The U.S. on Wednesday said that it would send an additional $800 million in military assistance to Ukraine, ahead of the widely expected Russian attack on the eastern part of the country.
Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply. Both contracts on Wednesday had shrugged off a large build in U.S. crude inventories to end the trading session roughly 4% higher The International Energy Agency on Wednesday warned that from May onwards roughly 3 million barrels per day of Russian oil could be shut-in due to sanctions or voluntary embargoes At the same time, major global trading houses are also planning to curtail crude and fuel purchases from Russia's state-controlled oil companies in May, Reuters reported on Wednesday. The probability of a EU ban on Russian oil being agreed may be almost zero, but no one will be able or wanting to say that clearly, Vandana Hari, founder of oil market analysis provider Vanda (NASDAQ:VNDA) Insights said. Despite signals that global supply disruption will persist, oil stocks in the U.S. rose by more than 9 million barrels last week, the U.S. Energy Information Administration said on Wednesday, driven in part by releases from the nation's strategic reserves. Analysts in a Reuters poll had anticipated just an 863,000-barrel build. U.S. gasoline stocks fell 3.6 million barrels last week, far above anticipated levels, and distillate inventories also declined.