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Trade with ForexTB: A newbie’s 101 guide!

Did you know that opening a Forex/CFD trading account is easier than you thought? You just need to know a few things first before you get started, like for example finding the right broker. Let’s assume that you’ve done your research and found ForexTB! A Cyprus-based broker offering online trading in forex and 300+ other…

Trade with ForexTB: A newbie’s 101 guide!

Did you know that opening a Forex/CFD trading account is
easier than you thought? You just need to know a few things first before you
get started, like for example finding the right broker.

Let’s assume that you’ve done your research and found
ForexTB! A Cyprus-based broker
offering online trading in forex and 300+ other CFDs, along with loads
of resources that can help you on your baby steps in becoming an expert trader
and make the right trading decisions.

But how and when do you start trading?

If you’re a newbie and have no experience in the trading
world, you should consider opening a demo account! Don’t take it as an insult;
we just want you to practice a bit, before taking the big step and start
trading with the giants out there!

A Demo
is considered as a “Trial account”, which will allow you to experiment and trade with virtual money,
as well as trying different trading techniques, before setting up a real account with actual money. Don’t worry it is free, and you can
“play” around risk-free and under real
market conditions
! How cool is that?

Fast-forward to the day you’ve mastered trading.
You’re all excited to have passed your “test” and you’re ready to enter the real
trading world.

Once you feel confident, don’t you think it’s time to open a
real account, with actual money?
Usually, traders compare the commissions or other fees that might be charged by
brokers for offering their services (i.e: spreads, commissions etc.). Thankfully with ForexTB you
don’t need to worry about that. ForexTB offers
0% on trading commissions and no
fees on deposits when opening an account

The steps involved when opening an account
may be different from broker to broker, but the process with ForexTB involves
the following 4 easy steps:

1. Register
2. Deposit
3. Verify Your Account
4. Start Trading

Once your application is complete, you’ll be registered with
a username and a password allowing you to access your account.

Then it’s time to sort the transfer of funds from your bank
to your trading account. This is usually executed via your credit/debit card or
electronically via a bank transfer.

Millions of traders, before or during trading wish to
advance their knowledge and skills. Meta Trader 4 (MT4), is a trading platform
(well, the most popular one!) that allows traders to monitor the market and
have a better decision when it comes to opening positions on Forex pairs and
other CFDs. MT4 also provides:

– Advanced technical analysis tools
– Customizable trading system
– Algorithmic trading with Expert Advisors

In addition, everyone trading with ForexTB will have access to Trading Central, and will be able to
get free signals to work out their
strategies, and focus on the one that suits them the most. These signals
incorporate a broad analytical approach into forecasting different markets,
thus being a very valuable tool for traders.

Need help or more info?

We got you covered.

ForexTB’s Help Centre
will help and guide you along your way, covering any questions you may have.
From creating your account and registration process, to withdrawing money from
your account after trading and any trouble you may experience throughout this
trading journey. For those who seek for a more personalized approach, ForexTB’s
dedicated account managers are available at your disposal 24/5, to help you
with any queries you may have. Oh, did we mentioned that there’s a Live Chat when you need
to contact someone immediately?


ForexTB: A
Cyprus-based broker for trading, that can be accessed anywhere from any

Licensed & Regulated by CySEC under license number

Secured payment solutions with multiple payment methods.

0% trading commissions.

No fees on deposits.

Dedicated account manager.

Free access to Trading Central tools.

Practice trading skills through a demo account, risk-freeunder
real market conditions.

Trade on the multi-award winning MT4, as well as our
proprietary WebTrader.

Access to Help Centre and Live Chat 24/5 for more info, help
and immediate response.

Open an actual account with ForexTB following the below

1. Register

Sign up for free with your details

2. Deposit

Login & fund your account

3. Verify Your Account

Upload the required KYC documents

4. Start Trading

article was submitted by ForexTB.

For bank trade ideas, check out eFX Plus

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Daily Financial News

What is the best crypto wallet ?

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

What is the best crypto wallet: a hardware wallet, a software wallet, or a mobile wallet?

In the early stages of learning how to use Bitcoin, the security question arises: how to ensure your coins remain in your possession? Only by generating and storing keys in a way that can be verified can you be certain. It is impossible to be sure no one else has a copy of your keys unless you know they were created properly and stored offline.

Hardware wallets create your keys offline using a random number generator, so they cannot be logged. Additionally, the keys are kept permanently offline, so they cannot be accidentally shared on a network.

In software wallets and mobile wallets, random number generators are often built into the device the wallet is installed on. Since they use inputs like the current time to calculate randomness, they are difficult to verify and generally not secure. Even if your device generates randomness in a secure manner, host the resulting keys on a networked device, and an attacker can extract, view, or intercept them at any time.

It is transparent to verify that open-source hardware wallets create and store randomness securely, and that your keys are kept offline while being protected from threats like phishing. It is different in the case of open-source Bitcoin wallet though.

In addition to protecting against other vulnerabilities, hardware wallets resolve new attacks both progressively and reactively among security researchers. Supporting bug bounty programs ensures that all types of security issues are regularly checked.

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

Stay more secure everywhere

Hardware wallets have set a new standard for universal cybersecurity, as we discussed above. According to speculators, the future of the internet – dubbed Web3 – will rely on cryptographically secure keys backed up physically. In the cryptosphere, as well as in everyday business, e-commerce, and social media, hardware wallets are essential.

Your assets and identity are both protected offline when you use a hardware wallet for authentication, so there is no counterparty risk.

As a result of forgetting passwords and changing authenticator devices, security has long relied on third parties. Using the open recovery seed standard, users can backup their accounts safely without relying on a third party and recover accounts from any compatible device. Using Shamir backup, the recovery seed is split into multiple equal parts for stronger security.

Keeping in mind that not just crypto can be targeted is important. Similarly, your data can be leaked, resulting in phishing attacks, hostage situations, or compromised devices arriving by mail.

It has become easier and more affordable for everyone to have verifiable security thanks to hardware wallets.

The base layer of crypto security is hardware wallets

By bridging the digital and physical worlds, hardware wallets create digital keys offline and keep them safe. Crypto assets can be controlled with the keys in many ways, such as two-factor authentication, digital signatures, or two-factor authentication.

With open standards, you can ensure the same level of security across any app you use. As a result, dozens of hardware wallet manufacturers have appeared around the world, accelerating the adoption of crypto security and ensuring standards are maintained to ensure your coins remain yours regardless of wallet.

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Industry News

School4Trading Review – How to Spot Possible Forex Broker Fraud

School4trading Review

School4Trading Review – How to Spot Possible Forex Broker Fraud

In this School4trading Review, we will look at the features of the software, as well as the customer support. First, let us look at the interface. The design is simple and easy to navigate. It also provides a chatbot, which helps you to communicate with the broker. The customer service is warm and inviting, which is a hallmark of a good broker. In contrast, a fraudulent broker will use cold and impersonal customer support to lure people in.

Another problem with the system is that the login process is not always intuitive. You may have to retype your password several times to get in. Then, you may experience difficulties withdrawing your funds or accessing your account. In such cases, you might have to wait for days or even weeks before you can withdraw the money you’ve invested. This is not a good sign. It’s better to choose a different trading platform altogether.

If you’re having trouble logging in, you should also check the legitimacy of the broker. Whether the broker is licensed by a reliable regulatory body or closed down, you’ll want to be sure it’s legitimate. If the broker isn’t licensed by the right body, don’t trust him. You shouldn’t waste your time with an inexperienced company. This will only cause you problems in the long run.

The next factor that should be checked is the licensing. A legitimate broker will have a license from a high regulatory body. However, a broker without a license will be unreliable. Moreover, a reliable regulator will take away the license of a scam broker. As a result, a trustworthy School4Broker/Profittrade review should mention fees, account rules, and contract terms. A scam broker will be unable to operate legally.

Secondly, look for warning signs. The broker should be licensed and regulated by a reliable regulatory body. It should be regulated by a high level. If it doesn’t, it’s a scam. Lastly, it should have a website that lets you easily access your account. Moreover, you should not hesitate to check the contact information. If you find any information that seems suspicious, you should reconsider using the broker.

In summary, Forex trading isn’t easy, but it doesn’t have to be complicated. It’s not as difficult as it seems if you’ve heard about the program. You’ll learn everything about the basics and how to become a professional. But if you’re still unsure about whether this program is right for you, don’t hesitate to contact a school4trading’s website.

The most important thing to remember when it comes to Forex trading is that it’s not easy. While it’s important to have a strong background in trading, there are a number of factors that can affect your success. Having a proper plan is vital in the long run, because you will be trading with real money. And, the platform should be reliable. Otherwise, you’ll end up losing a lot of money.

As we’ve mentioned, Forex is not easy. Investing isn’t something you can do in the comfort of your own home. You need a proven system. There are no free trials, so you’ll have to find a way to do it yourself. This isn’t a scam, and it’s a great way to make money without any help. A Forex system can help you learn the intricacies of the market.

Although the process of learning Forex isn’t an easy one, it’s certainly not impossible. Fortunately, there are many people who are willing to take the time to learn how to trade. But, even the most experienced trader needs to be aware of the risks of the market. While Forex trading isn’t easy, it can be done with the right knowledge. The software’s user-friendly interface is key.

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Daily Financial News

Don’t Count On JPY Correction; Staying Long GBP/JPY

The path of the potential pace of the JPY decline may still be underestimated by markets, which continue trading the JPY long.

While the 10% USDJPY advance from September lows looks impressive from a momentum point of view, it may no thave been driven by Japan’s institutional investors reducing their hedging ratios or Japan’s household sector reestablishing carry trades.

Instead, investors seemed to have been caught on the wrong foot, concerned about a sudden decline of risk appetite or the incoming US administration being focused on trade issues and not on spending. Spending requires funding and indeed the President-elect Trump’s team appears to be focused on funding. Here are a few examples: Reducing corporate taxation may pave the way for US corporates repatriating some of their USD2.6trn accumulated foreign profits. Cutting bank regulation could increase the risk-absorbing capacity within bank balance sheets. Hence, funding conditions – including for the sovereign – might generally ease. De-regulating the oil sector would help the trade balance, slowing the anticipated increase in the US current account deficit. The US current account deficit presently runs at 2.6% of GDP, which is below worrisome levels. Should the incoming government push for early trade restrictions, reaction (including Asian sovereigns reducing their holdings) could increase US funding costs, which runs against the interest of the Trump team.

Instead of counting on risk aversion to stop the JPY depreciation, we expect nominal yield differentials and the Fed moderately hiking rates to unleash capital outflows from Japan.The yield differential argumenthas become more compelling with the BoJ turning into yield curve managers. Via this policy move, rising inflation rates push JPY real rates and yields lower, which will weaken the JPY. Exhibit 12 shows how much Japan’s labor market conditions have tightened. A minor surge in corporate profitability may now be sufficient, pushing Japan wages up and implicity real yields lower.

JPY dynamics are diametrical to last year . Last year, the JGB’s “exhausted”yield curve left the BoJ without a tool to push real yields low enough to adequately address the weakened nominal GDP outlook. JPY remained artificially high at a time when the US opted for sharply lower real yields. USDJPY had to decline, triggering JPY bullish secondround effects via JPY-based financial institutions increasing their FX hedge ratios and Japan’s retail sector cutting its carry trade exposures. Now the opposite seems to be happening. The managed JGB curve suggests rising inflation expectations are driving Japan’s real yield lower. The Fed reluctantly hiking rates may keep risk appetite supported but increase USD hedging costs.Financial institutions reducinghedge ratios and Japan’s household sector piling back into the carry trade could provide secondround JPY weakening effects

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