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A good platform is key for forex trade

SEE ALSO: Sanlam posts Sh99 million after tax loss in first-half SEE ALSO: Regulator goes all out to quell persistent NSE listing drought SEE ALSO: Long wait continues for investors of firms suspended from NSE

Special platforms allow anyone to trade on the stock exchange. Buy shares of corporate giants from any device. 

Efficient technical tools are vital for Forex traders. Their profit relies on accurate predictions of market movements. 
To foresee trends, one needs access to various data. Stock traders evaluate patterns and manage positions accordingly. Even if you prefer fundamental analysis over the technical approach, you still need a platform. 
Top products are comprehensive environmental, and these are suitable for learning and live trading. Such software is packed with graphic aids and tools for risk management. It provides buy and sell indicators that help users to spot lucrative opportunities. One such platform is MetaTrader 5. 

SEE ALSO: Sanlam posts Sh99 million after tax loss in first-half

Why trade stocks online 
Gone are the days when stocks were accessible to the chosen few. Today, any individual can learn to buy and sell shares remotely. Global markets are a click or a tap away. Platforms like MetaTrader 5 can run on desktop computers, tablets, and even smartphones. This ensures 24/7 access.
In order to start, you need to register an account with a brokerage. This firm is the intermediary that connects you to the exchange and facilitates transactions. Forget the old-school stock exchange where each operation requires multiple phone calls. Everything can now be handled from the comfort of your home. Let the equity of major corporations work to your advantage. 

 How it works

SEE ALSO: Regulator goes all out to quell persistent NSE listing drought

The broker will create a demo or live account, depending on your needs. With the login and password, you can unlock the software. While the demo mode is perfect for training, live trading is where the real money comes into play.

It is easy to open a demo account. Fill in a basic form, and the credentials will be emailed to you almost immediately. Explore the platform in its simulation mode before depositing cash. You need to feel comfortable using the controls and charts, including tools for risk management.
Real stock market trading is accessed via a live account. Through their broker, users may access stocks or derivatives, such as CFDs. All instruments are bought and sold through the platform. No extra downloads are necessary. Contact your local brokerage for expert advice on stock market trading in Africa.
 This advanced stock trading system was devised by MetaQuotes Software Corp. It stands out due to its wide range of trading aids. The previous version of the software (MT4) is still the most popular choice among currency traders, years after its release. 
MT5, on the other hand, is preferred by experienced traders that want to diversify their portfolios with more instruments. It has more sophisticated graphics and broader functionality overall. 

SEE ALSO: Long wait continues for investors of firms suspended from NSE

It has features such as the multiple trading instruments, numerous visual aids (tables, bar charts, etc.), quick execution, pricing streamed in the live mode, compatibility with Windows and Mac, sleek mobile versions from Android and iOS, financial news updates, and audio alerts.
The platform uses MetaQuotes Language 5. This programming language is highly intuitive. It is used for the creation of trading strategies and robots. Useful technical aids, such as indicators and scripts, are also built using MQL5. 
In comparison with MQL4, the successor is more advanced and efficient. Every operation requires only one function. Trading robots analyze the market and execute trades automatically, and this saves users a lot of time. 
You may also create and modify scripts. It is possible to use a positional system across markets. Finally, you can chat with fellow stock traders on the community forum 
The platform allows effortless customization. Users have a vast choice of options. These include 21 timeframes, 38 embedded technical indicators, 44 graphic objects, 2 execution modes, 6 pending order types, depth of market, netting, built-in economic calendar.
The MT5 is a popular platform that makes stock trading convenient on any device. With MT5, stock traders can access the global exchange easily, from anywhere in the world. Buy shares of the largest world corporations and profit from their growing value! 
The system opens access to a broad range of instruments beyond stocks. 
These include futures and CFDs (Contracts for Difference). It is, therefore, possible to trade a diverse set of assets. The more instruments are used – the lower the trading risk. 

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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

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