Zum Inhalt springen


Best Finance Network
Get the best connectivity about finance.


August 13, 2015

Currency Trading Techniques for Beginners

All details about forexCurrency trading on the foreign exchange market (Forex), also known as speculative forex trading, is carried out with the intention of making money. The currency exchange rate is the rate at which a certain currency is able to be exchanged for another. It is always quoted in pairs, for example the USD/EU rate (US Dollar and Euro). Because exchange rates can fluctuate and change based on a variety of reasons for example economic factors such as industrial production, geopolitical events and inflation, there are always factors influencing whether or not a currency pair is bought or sold. If you are new to currency trading, we have complied a list of tips that you may find helpful.

Know the Language

When it comes to currency trading, technical language can often be used by traders and this can be a little bit intimidating if you’re just beginning to trade. If you see a word that you’re not sure of, it’s a good idea to refer to the commonly used Forex terms which will help you become more familiar with the language.

Technical Analysis

In order to develop a strategy, a wide variety of tools and techniques are used by traders. Some traders will perform technical analysis by studying the market using currency charts, which is a good strategy that assumes past movements in the market will help to predict market activity in the future. Technical analysis is a very popular technique due to how effective it is.

Fundamental Analysis

Other traders will use fundamental analysis in order to develop a trading strategy. These traders closely follow the effect of political, economic and social effects on the prices of currency. One way to do this effectively would be to read specialized Forex news in order to keep up to date on how events have an effect on currency exchange rates.

Practice

As you become more familiar with the market, you will gain more practice and experience which in turn will make you a better trader. You may also like to experiment with a variety of tools to see which ones work best for you, for example the portfolio management tool from IMS Broadridge which assists with all aspects of managing your portfolio from order management to risk management.

Know the Risks

There is a considerable level of risk involved with trading foreign exchange on margin, and many people often decide that this amount of risk is unsuitable for them personally. Before you decide to trade foreign exchange it is important that you take time to carefully consider all of your investment objectives, appetite for risk, and level of experience. Remember that there is always a possibility that you lose some or all of the money you initially invest, so you should never invest money that you cannot afford to lose. If you have any doubts or worries, you may find it helpful to consult a financial advisor.

How did you start out trading foreign exchange? Do you have any more tips or advice for those just starting out? We’d love to hear from you in the comments.

Keep Sharing !!Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on LinkedInShare on StumbleUponDigg thisShare on RedditEmail this to someoneShare on YummlyShare on Tumblr
Tags: , , , , ,
July 29, 2014

Your Binary Options with EZ Trader

About Binary Options When we talk about performance and trust in the binary options industry, EZ Trader is one of the brokers who has won many traders over the years from all over the world.

Being one of the first binary options platform (they have their own trading platform which saves you time by avoiding the intermediary companies and offers unique trading systems), since 2008, EZ Trader holds the WGM (Win Global Markets), Services Ltd. of the year 2011, with the headquarters at Nicosia (Cyprus).

Amongst the advantages the company offers I can mention the fact that you don’t have to download any software on your computer, the EZ Trader platform is fully web-based, easy to use (alongside with the HELP and FAQ domains) and very user friendly.

If you activate an account at their platform you will benefit from free online consulting (it is very important that you can communicate with them with ease and they offer that in more than one language), you can contact them with ease through e-mail or by calling the international numbers available at their platform (7 in total at this moment).

Traders can benefit from mobile apps too, the user can use this app on iOS or Android, the app is called EZ Mobile. All you have to do is work with passion, inform yourself, always pay attention and you will succeed and multiply your income using one of the best platforms.

In this EZ Trader review you will also see the assets they offer and these are as follow: 58 stocks, 10 currencies, 19 indices and 4 commodities, overall you can benefit from 91 assets (at the beginning they had 44 assets but since 2011 they have almost double that number); these assets are composed from: indices, stocks, commodities and Forex.

Besides the doubling of the asset number available at EZ Trader they have improved the Lock-Out Period, Expiry Times and they offer more flexibility to your options, making your trades much easier to realise.

In this domain you must be very well informed and EZ Trader will help you find with ease every bit of news you might need to make the best trades for you.

Before every transaction you must read a lot, you must understand the process completely, you must know the terms, you must always create a strategy and then try your luck.

EZ Trader is ideal not only for traders that have already gathered a stock of knowledge about binary options, offering them safety and simplicity but also for the beginners, offering them information and substantial bonuses.

Even if at the first sight this platform used to give the binary options business more of a gamble look they have evolved a lot along the years and now they are a trustworthy binary options broker (being controlled by the CySec: Cyprus Securities and Exchange Commission can only confirm that they are serious).

You can read a full EZ Trader Review and find that there are bonuses which are offered to the traders without commissions draws in more every day and they are helped through free online consulting (24 hours a day, 7 days a week) and through the loyalty bonuses.

Some traders consider that true binary options brokers should offer good software and analysis tools and as much information about the assets as possible. The same traders consider that EZ Trader is focused too much on huge bonuses and low charging fees and for this reason the company may resemble a gambling casino.

The bonuses offered by EZ Trader are: for a minimum deposit of 500 you get a bonus of 250 and the wager is 25 times the received bonus (and the period of time in which you must obtain this volume are 90 days).

Considering the different assets and time frames they offer up to 95% return, all you have to do is pay attention and profit from their offers. Withdrawal time usually ranges somewhere between 5 and 7 days, you must be patient until you get your first winnings.

As you use EZ Trader’s platform you will learn more about binary options, invest wisely and enjoy the online experience offered by every transaction.

Keep Sharing !!Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on LinkedInShare on StumbleUponDigg thisShare on RedditEmail this to someoneShare on YummlyShare on Tumblr
Tags: , , , , , , , , ,
March 24, 2014

An Insight Into Managed Forex Account And How It Helps Forex Trade

Forex business tips & ideasThere are certain things, which a forex trader should know. Before you start to trade, you must pay heed to certain tips. You must be in search of high returns at low risks in currency trading. A managed forex account is the answer to your situation. A money manager manages the forex account in your behalf. It is similar to hiring an advisor who can handle your accounts. You must do your homework well in advance before you opt for a managed forex account. Traders use managed forex accounts these days as they are low on risk. If you do not have enough time to spend on forex, you can opt for a managed forex account.

Open a forex managed account

There are several benefits of opting for managed forex account. The daily turnover of the forex market is $4 trillion. Due to the profit making opportunities which it offers it attracts a large section of traders across the world. By opting for managed forex accounts, you can reduce the time and effort which is invested in forex. If you have enough capital in hand, and wish to earn profits through forex trade, you can opt for forex managed accounts. With this type of account, you will be able to avail the services of a professional who will manage your account and cash.

Advantages of managed forex account

As an expert handles your cash and account, you will have high chances of maximising your profits. You can enjoy high leverage when you trade forex. You can have a tailor-made technical analysis report which can prove as an important tool in forex trade. Although the managed forex accounts involve some risks, the returns are very high. You can diversify your capital easily such that chances of a single risk are reduced. You can benefit from the daily market reports and trading reports which you receive.

Trade successfully

On a managed forex account, you can enjoy high levels of liquidity. You will be able to liquidate your assets easily and withdraw the amount whenever you choose to. You can trade in both rising and falling markets. You can make use of both major and minor currencies in forex trade. The initial amount for a forex managed account is very low. You can depend on reliable fund managers who can manage your cash and your account effectively. You can keep full control when you invest in a managed forex account.

Accounts work to your advantage

Investing in a forex managed account can work to your advantage. A well run account can help you earn a large amount of profit in a short span of time. The returns, which you achieve, may outperform the profits which you make in case of traditional investments. Profits can be made in the direction of the market. You can easily add and withdraw cash from your account. An account, which is run well, will have very low risks. You can opt for USA binary options brokers who can help you to realize risk-adjusted high returns.

An innovative approach

You can withdraw money without penalties and withdrawal fees. You should ensure that risk in case of a managed account is low. If exposure to unpredictable market situations is reduced, you can lower the risks which your cash and account faces. If you are a savvy trader, you must understand the benefits of a managed account. You must select a company which has large experience in forex trading so that it can handle your account efficiently. Investing in a managed forex account can be an innovative and a good alternative to traditional investment strategies.

Stacey R Morris opted for forex USA binary options brokers when she wanted to trade in forex binary trade. The brokers were flexible and helped her to trade variations. She learnt that she could use a news situation to her benefits and earn profits on the trade.

Keep Sharing !!Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on LinkedInShare on StumbleUponDigg thisShare on RedditEmail this to someoneShare on YummlyShare on Tumblr
Tags: , , , , , , ,
February 26, 2014

How to Ensure Your Business Is Marketed Efficiently

Business marketing ideasEffective marketing is vital to improving your brand image and generating business, but it’s also important that this is done efficiently. Marketing should balance cost with efficacy in a way that most benefits your business and is most relevant to your market. Here are a few basic elements that will help ensure your business is being marketed efficiently and keeping wasted money to a minimum.

Do Your Market Research

Conducting thorough market research is vital to a successful and efficient marketing strategy. You must determine your target market and assess their wants and needs in a way that will help you appeal to them directly. Your market research will also allow you to determine the best platforms on which to deliver your content, and ascertain the “when and where” that will give you the best bang for your marketing buck.

Target Effectively

Once you have pin-pointed your target market you can build your marketing strategy around them. You need to market directly to your target demographic based on how best to reach them and what appeals to them most. If you can tailor your strategy around this target market you’ll be marketing more efficiently.

Avoid Wasted Reach

By keeping your sights on your target market you’ll be helping to avoid wasted reach as well. With thorough market research you’ll be able to avoid putting money into any advertising that will reach people outside of your target market – wasted reach equates directly to wasted money and inefficient marketing.

Deliver a Compelling Message

In order to appeal to your target market, you must catch their attention and leave an impression with a compelling message that’s relevant to them and their needs/desires. This message should be memorable and simple, and contribute positively to your brand image. A truly compelling message should be able to influence audience behaviour and build customer relationships with the brand.

Build Customer Relationships

Use your marketing to promote interaction between the brand and your customers in a way that will build lasting brand relationships and promote trust. Market yourself in a way that creates a positive brand image for the customer to relate with or desire. Deliver meaningful content and make yourself memorable. Social media marketing and content marketing are at the forefront of this customer relationship-based approach.

Track Your Goals and Measure Effectiveness

Your marketing strategy should include goals and milestones to be reached in order to track the effectiveness and efficiency of your approach. Track your progress toward these goals and constantly monitor the market to gauge the effectiveness of your marketing. If you’re not reaching these goals, it’s vital to re-asses your approach and modify if to get back on track. The failure to reach goals means your approach may be wasting money and this could even harm your brand.

The best way to value for your marketing dollars is to enlist the help of a marketing professional who will stay on top of market trends and advertising approaches in a way that’s relevant to the ever-changing marketing environment. Market Smartly, for example, can help with anything from planning to execution to training to support. Having professionals behind you will help keep your strategy efficient and on track to its goals.

With the right planning and attentive execution, you can turn marketing dollars into solid profits.

Keep Sharing !!Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on LinkedInShare on StumbleUponDigg thisShare on RedditEmail this to someoneShare on YummlyShare on Tumblr
Tags: , , , , , ,
November 25, 2013

Tax advice for a small limited company

Tax advice to helpMany sole traders make the move to limited company status because they believe it will make them more desirable to new clients, or perhaps because they think they can save on tax in the long run. For a small limited company however, understanding how tax works is vital – and tax matters can be extremely confusing! All limited companies, both large and small, need to be up-to-date on current tax matters, as the consequences can – and often are – costly.

Limited companies don’t use the same self assessment tax return system as other businesses and self-employed individuals. All limited companies, both large and small, are subject to annual corporation tax.

This means the company does its own corporation tax self assessment – i.e. it calculates the amount of tax it must pay itself using a company tax return. The methods and deadlines are different to those used elsewhere.

The most common tax issues faced by a small limited company

It’s important to remember that once a company has applied for and been given limited company status, it is now a separate legal entity from its owner, irrespective of how many staff it employs or who is a shareholder. Everyone, even the sole director/shareholder, is an employee and the company the employer. What this means in terms of tax is that all the money the company earns belongs to the company and not its owner: from now on, any money taken out of earnings must be noted (and justified) as salary or expenses, and comes under scrutiny from HMRC.

Many small limited companies end up having to pay excess tax because the owner simply takes money out of the company without understanding the tax implications. The company can pay its director in three ways: as salary, to pay back money borrowed or spent on company costs (expenses), or as dividends on the shares the director holds in the company. Getting the mixture of salary and dividends right can reduce a company’s tax bill; get it wrong and it can go the other way.

All limited companies must pay corporation tax by the 1st of January of the year after the trading year, i.e. on 1/1/2014 for trading between 1 April 2012 and 31 March 2013. It must also file a corporation tax return (CT600) each year to HMRC, 12 months after the year end at the latest. Limited companies who fail to file their CT600s or send it too late are subject to hefty fines.

A small piece of legislation known as IR35 has also caused many small limited companies problems since coming into effect. This is when a company takes on a project for a client and takes on the status (however short-term) of an employee. Rather than pay the ’employer’s’ National Insurance on the full cost of what they paid out, the small limited company makes a ‘deemed payment’ to HMRC. This is the opposite of how it works for sole traders.

Where to get advice

Calculating taxes as a limited company is complex and can be both challenging and time-consuming. There are companies that specialise in tax management that small limited companies can turn to for advice in this field, whether a company needs help filling out its corporation tax return or with IR35 forms for employees. An umbrella company can help a small limited company with all aspects of tax and payroll and as qualified experts in all tax matters, can save time and money in the long run.

Keep Sharing !!Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on LinkedInShare on StumbleUponDigg thisShare on RedditEmail this to someoneShare on YummlyShare on Tumblr
Tags: , , , , , , , ,