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Although earlier versions of MetaTrader date back to 2002, the ever so popular MetaTrader4, or as it is often called MT4 was released in 2005 and has been updated numerous times since then. The first MetaTrader5 or MT5 was launched in 2010 and has been operating in parallel with MT4. However, trader loyalty towards MT4 remains solid and the large majority of brokers around the world offer it to their customers.
A 2020 survey identifies MT4 as the most popular trading platform in the world, with a staggering 57% of survey respondents stating that it was their platform of choice. Unsurprisingly the second most popular trading platform is MT5.
So, what makes the two MetaTrader iterations so popular? And what are the differences between the two?
The short answer is that the MetaTrader platforms are easy and simple to use. We have all tried to use tools that feel more overwhelming than helpful or useful which leads to frustration and seeking other options. The MetaTrader platforms provide an unparalleled user experience along with a sleek and professional interface that enables traders to conduct their activities effectively. Furthermore, the platforms are known for their unfaltering reliability which is an essential feature in a sector that revolves around financially valuable transactions.
A crucial feature that made MT4 very popular is the availability of the Expert Advisors (EAs) programs that enable traders to customize monitoring and trading parameters according to their trading goals. This is coupled with the fact that MT4 has three execution modes (Instant Execution, Execution on Request, and Execution by Market) which give traders the ability to act swiftly or in a staggered manner to accomplish their objectives.
We must not forget that MT4 is available free of charge, in multiple languages, and fully functional on multiple devices with different operating systems.At this point, you might be asking what distinguishes MT4 from MT5 and which option would be the best for your trading needs. Both platforms provide state-of-the-art trading experiences, however, there are a few differences. For instance, a number of markets that are available on MT5 are not available on MT4. This could be a benefit to more experienced traders seeking to trade across very specific markets. MT5 also provides more chart timeframes and indicators which are very useful for those traders seeking more in-depth market analysis. The MT5 also offers a built-in economic calendar to help traders stay on track with key events. It must also be said that MT4 uses a simpler programming language (MQL4) that traders can use to create custom EAs and indicators which might make it more accessible to more inexperienced traders. On the other hand, MT5 gives a higher level of flexibility for traders seeking to create more sophisticated commands.
CFDs are derivatives products that allow you to trade on live market price movements without actually owning the underlying instrument on which your contract is based.
You can use CFDs to speculate on the future movement of market prices regardless of whether the underlying markets are rising or falling. You can go short (sell), allowing you to profit from falling prices, or hedge your portfolio to offset any potential loss in value of your physical investments.
Similar to trading Forex, CFDs allow investors to hold both “long” and “short” positions granting the retail trader with the opportunity to profit in either a rising or falling stock market. Additionally, investors have the convenience of limiting losses or claiming gains by using stop losses and limit orders.
Because CFDs are traded on margin rather than paying the full value of a transaction, the investor only needs to pay a percentage when placing a trade. Trading with margin grants the investor with leverage, which in turn allows the investor to access a larger amount of shares than buying or selling actual stock shares. By offering CFDs, we are allowing our investors to speculate on instruments and markets that may otherwise be unavailable or difficult for them to trade.
How does the CFDs market operates?
As with traditional share dealing, CFD prices are quoted as a Bid (the price at which you can sell) and Offer (the price at which you can buy). CFDs are traded on margin (also known as leverage), which means that to open a position you need to deposit a small fraction of the full value of your trade, known as initial margin. The initial margin required varies across different markets though would typically be between 10%-25% for an equity CFD trade and between 2%-5% for an index or currency trade.
What is margin and leverage?
CFDs are leveraged products, which means that you only need to deposit a small percentage of the full value of the trade in order to open a position. This is called “trading on margin” (or margin requirement). While trading on margin allows you to magnify your returns, your losses will also be magnified as they are based on the full value of the position, meaning you could lose more than any capital deposited. As CFDs is a margined product, there are overnight financing charge when you hold your CFD position open.
Leverage your investment potential
One of the main advantages of CFD trading, as compared with conventional types of trading, is that you can gain the same amount of market exposure by depositing just a small fraction of the total value of your trade.
The aim of this petition is that it creates enough noise and reaches the proper authorities, such as the FSCA to ensure that the people receive what is theirs.
If you agree and want to bring them down and have them pay what’s not theirs sign this petition and share to everyone that has suffered at the hands of these scammers !
KOT4X is an unregulated forex broker that offers 4 account types, ECN/STP trading, and the MT4 forex trading platform. This KOT4X review looks at the key features this broker offers and if you should consider this unregulated broker.To get more news about lcmfx, you can visit wikifx.com official website.
The Kings of Transparency (KOT4X) is an online forex broker that specializes in helping you trade Contracts For Differences (CFD's) such as Forex, crypto, stocks, and commodities. KOT4X has some good features such as low minimum deposits, decent commissions, the popular MetaTrader 4 (MT4) platform, and a choice of 4 different account types. However, also has some concerning weaknesses such as lack of regulation, sub-par customer service, confusing account withdrawal and deposit when it comes to bitcoin.
KOT4X uses a live MT4 account and offers 4 types of trading accounts, these are PRO Pairs, VAR Pairs, Standard Pairs, and Mini Pairs. These account types mostly differ through their commission structure and spreads, meaning each is ideal for a different type of trader.
Below, we look at the similarities and differences between each account type. We found the accounts available with KOT4x quite strange. We cannot understand why you would choose either the Standard Pairs or Mini Pairs accounts over the Pro Pairs. It appears only the VAR account presents a genuine alternative.
This account restricts your lot trading size to micro-lots (1000). Other trading accounts allow trading lots for micro, mini, and standard lots ( 1000 to 100,000).
Micro-lot is the smallest tradeable lot that most forex brokers will offer. Mini Pairs account is therefore an option if you are new to trading and want to keep your risk to a minimum while you practice trading. As the lot size is smaller, the capital you will need to open a position is lower.
In terms of costs, it does appear that spreads are in line with the Pro Pairs trading account. While the commission is only $1.00, the typical spreads start from 1.0 pips (1 pip = $10.00). This means you will pay $11 to open your position. This is the same as the Pro Pairs account, which has a $7.00 commission and spreads starting from 0.4 pips (0.4 pips = $4.00).
When choosing this account, beware that the main limitation is that you can only choose 29 forex pairs. This is different from the other KOT4x accounts which allow a choice of 55 forex pairs, stocks, commodities and cryptocurrencies.
Given you can easily reduce the lot size you trade with when using the Pro Pairs account and it offers more products to trade with, there doesn't appear to be a good reason to choose this account.
Not to be confused with what other brokers call Standard accounts (which have no commissions), the KOT4x Standard Pairs account is a commission account with a $7.00 commission for each standard lot you trade when you open and close your position.
This account has the same conditions as the Pro Pairs accounts except that spreads spread are slightly wider. We are supposed to be experts but we don't actually know why you would choose a more expensive account over an identical cheaper account. We asked the KOT4x live chat and their response was quite comical and we discuss this conversation in our customer service section. We question the whole point of offering this account.
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.
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.
Chinese people in Costa Rica
Chinese immigration in Costa Rica is the migratory movement from the current territory of the People's Republic of China (including the enclaves of Hong Kong and Macao), as well as from Taiwan to this Central American nation, which has occurred notoriously since the mid-nineteenth century.4 The Sino-Costa Rican community is of great cultural, economic and social importance; It is one of the main Chinese communities in America, in the Caribbean Basin it is only surpassed by that of Panama, with around 9 thousand citizens living in the country (according to the 2011 census) 1 and 60,000 descendants.Get more news about China To Costa Rica,you can vist our website!
This migratory phenomenon presents peaks of waves since the 1850s. Currently, the entry of Chinese to Costa Rica is continuously growing, according to the Office of Remittances and Development of the analyst institution Inter-American Dialogue, this population exceeds 45,000 inhabitants, 2 which positions it as one of the main foreign communities of the Costa Rican population. Historically, both the Pacific and Atlantic coasts and the city of San José have been the poles of concentration of the Asian community in the country.5
The first Chinese migrants arrived in Costa Rica in 1855; they were a group of 77 originally from Guangzhou, who had come to Central America to work on the Panama Railway. Of them, 32 found work on the farm of José María Cañas, while the remaining 45 were hired by Alejandro Von Bulow, an agent sent by the Berlin Colonization Society to prepare suitable sites for German settlement in Costa Rica. During the 1859-1863 administration of José María Montealegre Fernández, laws were promulgated which prohibited the migration of blacks and Asians, in an effort to reserve Costa Rica for European settlers.[4]
Early Chinese migrants typically arrived by sea through the Pacific coast port of Puntarenas; a "Chinese colony" began to form in the area, founded by José Chen Apuy, a migrant from Zhongshan, Guangdong who arrived in 1873.[5] Puntarenas was so widely known among the Chinese community as a destination that some in China mistook it for the name of the whole country.[6]
In the 1970s, Taiwan began to become a major source of Chinese immigration to Costa Rica. However, they formed a transitory group, with many using Costa Rica as a stopover while they waited for permission to settle in the United States or Canada.[7] Those who settled permanently in Costa Rica included many pensioners enjoying their retirement abroad.[5]
Most Chinese immigrants since then have been Cantonese, but in the last decades of the 20th century, a number of immigrants have also come from Taiwan. Many men came alone to work and married Costa Rican women and speak Cantonese. However the majority of the descendants of the first Chinese immigrants no longer speak Cantonese and feel themselves to be Costa Ricans.
RTA Custom Kitchen Cabinets (Ready to Assemble)
Buying custom ready to assemble (RTA) cabinets online is more simple than ever using Barker Cabinets. We offer simple and easy to use layout tutorials right here on our website, streamlined online ordering, and fully customizable RTA cabinet sizes. Our cabinets are built to last using only the finest quality lumber and American made components. Combine this with our frameless and full overlay cabinet construction method and you have a superior cabinet product for your new project. What more could you ask for in a custom RTA cabinet line?Get more news about Kitchen Aluminium Plinth,you can vist our website!
RTA Kitchen and Bath Cabinet Design
It's easy to get started designing your project with our RTA cabinet line. Check out our online cabinet layout tutorials to see how easy it is to begin designing you project using our high end RTA cabinets. Layout and assembly is extremely simple and can be performed by virtually anyone!
Order Custom Kitchen and Bath Cabinets Online
Ordering RTA cabinets is easier than ever. We offer a state of the art website for placing and tracking all orders. Compile your RTA cabinets order at your own speed, check prices and play around with various options before you place your new RTA cabinet order. Ordering RTA cabinets on the internet has never been easier than this!
Fully custom Kitchen and Bath RTA cabinets
Looking for customization of your cabinets? Our custom RTA cabinets are available with 1/4" size increments. Imagine the possibilities of maximizing your space and getting your custom RTA cabinet project so dialed in that you can reduce or eliminate all the unused and wasted space. This maximizes your storage in every cabinet without being constrained by limited size options. Our cabinets are built order and you can order them however you wish, have fun!
American made Kitchen and Bath RTA cabinets
Looking quality American made craftsmanship? We use only the best materials and cabinet components in our cabinets. Purebond plywood cabinet cases (3/4" thick, formaldehyde-free, made in Oregon), Blum Blumotion drawer slides (full extension, soft closing, made in USA), Blum Blumotion hinges (soft closing, made in USA), and premium dovetailed drawer boxes come standard with every RTA cabinet we sell!
Frameless and Full-Overlay Construction Cabinets
Our cabinets utilize a frameless and full overlay RTA cabinet construction method. This results in a seamless and high end design that is impossible to rival using outdated construction methods. Combine a frameless and full overlay construction method with factory direct premium cabinet components and you will see nothing but beauty and longevity from your new RTA cabinet project. Enjoy your new RTA cabinet project from start to finish, order from Barker Cabinets today!
Door Hinges
Welcome to your source for cabinet hinges! We offer a plethora of door hinges to accommodate all applications. Our selection of hinges include concealed hinges, floor mounted spring hinges, half surface hinges, olive knuckle hinges, parliament hinges, pivot hinges, screen door hinges and spring hinges. We guarantee to offer door hinge for all your hardware needs! Our door hinges are available in multiple variances of black, brass, bronze, chrome, copper, iron, nickel, pewter, silver and white finishes to compliment your existing hardware. Our high quality craftsmanship hinges are fabricated from brass, steel and stainless steel material. Let our knowledgeable experts help you choose the precise door hinge for your project.Get more news about Door Hinge Hl017,you can vist our website!
11 Types of Hinges
This visual guide highlights different types of hinges and their design and purpose.
Butt Hinge
The most common type of hinge used on doors is the butt hinge. It’s so named because the two leaves are mortised into the door and frame, allowing the two to butt up to each other. There are three different types of butt hinges: plain, ball bearing, and spring-loaded.
Builders generally use plain butt hinges for lightweight interior doors. A pin, that may or may not be removable, joins the two leaves (or plates) at the hinge’s knuckles.
Ball Bearing Hinge
The ball bearing hinge has lubricated bearings between the hinge’s knuckles to reduce friction caused by heavy doors. These durable hinges are ideal for heavy entryway doors or those that sustain frequent use.
Spring-Loaded Butt Hinge
To assure a door closes behind you, use a spring-loaded butt hinge. Often used on screen doors, you can calibrate these hinges to open or close with varying degrees of tension.
Rising Butt Hinge
A rising butt hinge raises the door ½-inch to clear a thick-pile carpet or threshold. When closed, it looks like a regular hinge.
Barrel Hinge
For specialty woodworking projects, like a box or small cabinet, use the barrel hinge. This small hinge is ideal for projects where you want the hinge concealed from view. To install, simply drill holes the right size to accommodate the barrels and insert the hinge. Typically made of brass, barrel hinges are not designed for load-bearing applications.
Concealed Hinge
Designed to be unseen, concealed hinges don’t detract from the beauty of fine furniture or cabinetry. They can be self-closing and, with the aid of a couple of screws, adjusted. You can also find larger concealed hinges for doors. Since they aren’t exposed, and are therefore tamper-proof, they provide security that regular hinges don’t.
Knife (Pivot) Hinge
You’ll find knife hinges in cabinets. Also called pivot hinges, they resemble the blades of a pair of scissors, attached at a pivot point. You mortise one hinge leaf into the end of the cabinet door and the other into the cabinet. Once installed, all that’s exposed is the pivot.
Overlay Hinge
Some hinges add thickness to the cabinetry. To reduce that thickness, consider the overlay hinge. This type of hinge folds back on itself, allowing the door to lay flush against the face of the cabinet.
Offset Hinge
Ever try to move a couch through a doorway, only to find that the doorway is ½-inch too narrow? That’s where an offset hinge helps. This specialty hinge allows you to swing the door away from the doorframe, widening the opening up to two inches. Offset hinges are especially useful for areas you want to make ADA compliant.
It’s no secret that golf equipment can be expensive. When it comes to golf gear, you’ll pay more for products from the big brands, and golf rangefinders are no different. Quality comes with those higher price tags, though.
But that’s not to say you won’t find some bargains out there on products that can get the job done. And who doesn’t like a good deal? The Macwheel V1000 laser rangefinder fits the bill as a budget golf rangefinder that gets the job done, and then some.
The Macwheel V1000 laser rangefinder has all the features you expect these days in a golf rangefinder, whether in budget models or expensive models. It offers 6x magnification, accuracy +/- 1 yard, distance up to 1000 yards, slope technology, pin vibration, a choice of yards or meters, 5 measuring modes, and a case.
So, the Macwheel V1000 offers standard features in a golf rangefinder. But unlike other golf rangefinders on the market, it’ll only set you back $70. That’s the cheapest option on our list of budget golf rangefinders. But don’t let that price tag fool you. This laser rangefinder will help you out on the golf course. It’s quick, compact, and easy to use. You’ll get accurate distances with slope measurement, which is an important feature in golf rangefinders. So, we found the Macwheel V1000 laser rangefinder is the best budget golf rangefinder on the market.
1. Macwheel V1000
At $70, the Macwheel V1000 is the best cheap golf rangefinder on the market. It’s one of the cheapest golf rangefinders out there and the cheapest on our list. Of course, the real test for a golf rangefinder is its accuracy. If it doesn’t give you an accurate distance measurement, it’s pretty much useless. But this budget rangefinder passes the accuracy test. I tested it against some big brands, and it was never out by more than a yard. That’s pretty much an exact distance for golf. So, the Macwheel V1000 gives an accurate distance range. It’s also a golf rangefinder with slope, and it performed similarly with the slope measurement against the premium brands.
2. Sureshot Pinloc 5000IP
The Sureshot Pinloc 5000IP laser rangefinder is more expensive than the Macwheel V1000. I noticed a difference when using both products. The Sureshot Pinloc 5000IP lives up to its name. With 6x magnification, it locks onto the pin and gives you the distance quickly. But that speed doesn’t come at the cost of accuracy.
This budget golf rangefinder gives you accurate readings, and it’s a cheap golf rangefinder compared to other brands on the market. The price tag is the only difference between the Sureshot Pinloc 5000IP and the bigger brands. It holds up against its more expensive competitors in the battle for accuracy. And at the end of the day, accuracy is the best attribute a golf rangefinder can have.
3. Blue Tees Golf Series 2
The Blue Tees Golf Series 2 is a fantastic golf rangefinder that costs under $200. The founders of Blue Tees Golf wanted to make golf rangefinders that actually worked but didn’t break the bank, and they’ve accomplished that with the Blue Tees Golf Series 2. This golf rangefinder gets the job done with no bells and whistles. It’s a nice product from a quality brand and comes in at a great price.
This rangefinder is presented well for a product under $200. It looks great for a golf rangefinder in this range. You’ll get a canvas case, a lanyard, and a clip that easily snaps onto your bag. Also, it comes with a Blue Tees Golf sticker, 2 CR2-3V lithium batteries, and an easy-to-follow instruction manual. Unfortunately, you have to pay $40 extra if you want a magnetic strap, which is on the expensive side. Its compact size means it’ll sit in the cup holder of the golf cart, though.
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