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XM Guide to Start Your Trading Journey

Looking to diversify your investment portfolio? Consider trading currencies in the world’s largest, most liquid financial market: the foreign exchange or forex (FX) market. While the idea of making money in the FX market sounds intimidating for the novice trader, it can now be done more conveniently online.

XM Global Trading Platform Guide | MoneymaxXM Global Trading Platform Guide | Moneymax

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XM Global Trading Platform Guide | Moneymax

Looking to diversify your investment portfolio? Consider trading currencies in the world’s largest, most liquid financial market: the foreign exchange or forex (FX) market.

While the idea of making money in the FX market sounds intimidating for the novice trader, it can now be done more conveniently online.

Trade forex online in the comfort of your home with the help of a broker like XM Global. Before you participate in the forex market, learn more about this online forex broker and what it can do for you.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="What is XM Global?” data-reactid=”35″>What is XM Global?

XM Global Trading Platform - What is XM Global?XM Global Trading Platform - What is XM Global?

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XM Global Trading Platform – What is XM Global?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM Global Limited is a globally licensed, multi-awarded online broker that makes trading forex and contract for differences (CFD)[1] easy and efficient through its full-featured platforms.” data-reactid=”56″>XM Global Limited is a globally licensed, multi-awarded online broker that makes trading forex and contract for differences (CFD)[1] easy and efficient through its full-featured platforms.

For more than 10 years, XM has been sharing its expertise in global financial markets with over 3.5 million traders from 196 countries, including the Philippines.

As one of the industry-leading brokerage firms, XM enables clients to trade forex and CFDs on a wide variety of instruments—stocks, stock indices, commodities, metals, and energies—using a single trading account.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM Global Review: Is XM a Good Broker?” data-reactid=”59″>XM Global Review: Is XM a Good Broker?

XM Global Limited is a legitimate broker with a global reputation for reliability and client fund safety.

Authorized to operate and provide brokerage services worldwide, the company is licensed by the following government regulatory bodies:

  • Cyprus Securities and Exchange Commission
  • International Financial Services Commission in Belize
  • Financial Conduct Authority in the UK
  • Australian Securities and Investment Commission
  • Dubai Financial Services Authority

This means the online forex and CFD broker is fully compliant with strict consumer protection standards and financial requirements by applicable laws and regulations. XM achieves that by maintaining a separate bank account for clients’ funds and having client and operational bank accounts with reputable institutions, among other measures.

Apart from being globally licensed and regulated, XM Global has earned multiple awards recognizing its excellence in forex brokerage, FX technology, customer service, and market research and education.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Notable XM Global Features” data-reactid=”70″>Notable XM Global Features

XM Global Trading Platform - Notable FeaturesXM Global Trading Platform - Notable Features

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XM Global Trading Platform – Notable Features

XM offers an array of features to help new and experienced traders reach their investment goals:

  • 16 online trading platforms compatible with PC, Mac, Android, or iOS
  • Personal account manager for each XM client, providing full technical support (via live chat, phone, or email)
  • 24/5 personal customer service
  • Supports more than 30 languages, including Tagalog
  • Negative Balance Protection (a guarantee that XM traders cannot lose more than their deposited amount)
  • Free access to video tutorials and forex market research
  • Daily technical analysis, forex market outlook, FX trading signals, and FX webinars
  • No requotes and no rejection of orders
  • Low minimum deposit starting as low as $5

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="What Can You Trade Through XM Global?” data-reactid=”102″>What Can You Trade Through XM Global?

With XM trading platforms, users can trade on these six asset classes:

  • Forex – Trade any of the 57 currency pairs available—including majors (EUR/USD, USD/JPY, GBP/USD, and USD/CHF), crosses (GBP/JPY, EUR/CHF, etc.), and exotics (EUR/TRY, USD/HKD, etc.)—with real-time execution of orders and no requote.
  • Individual stocks – Get cost-effective and direct access to global equity markets, whether for short-term or long-term trading strategies.
  • Equity indices – Trade on stocks belonging to the world’s most popular stock indices, including S&P 500, Dow Jones, and Nasdaq.
  • Commodities – Invest in contract-based tradable goods such as corn, sugar, or wheat without actually owning the financial instrument on which the contract is based.
  • Precious metals – Gain profit from trading gold, silver, platinum, and palladium online in highly liquid markets, regardless of economic conditions.
  • Energies – Trading oil—the world’s most actively traded commodity—is suitable for day traders who prefer fast price movements and trading CFDs on oil prices.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Related: How to Invest in Stocks for Beginners (Even with Little Money)” data-reactid=”111″>Related: How to Invest in Stocks for Beginners (Even with Little Money)

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Different Types of XM Trading Accounts” data-reactid=”112″>Different Types of XM Trading Accounts

XM Global Trading - Different Types of XM Trading AccountsXM Global Trading - Different Types of XM Trading Accounts

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XM Global Trading – Different Types of XM Trading Accounts

An XM forex trading account allows you to trade on currencies. You can choose from micro, standard, ultra low micro, and ultra low standard formats.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="All account types come with negative balance protection, provide flexible leverage from 1:1 to 888:1, and allow hedging[2].” data-reactid=”134″>All account types come with negative balance protection, provide flexible leverage from 1:1 to 888:1, and allow hedging[2].

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Here are the key differences between the four XM trading account types:” data-reactid=”135″>Here are the key differences between the four XM trading account types:

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="1. Micro Account” data-reactid=”136″>1. Micro Account

  • Base currency options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
  • Lot size: 1,000 units of the base currency
  • Minimum deposit: USD 5

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="2. Standard Account” data-reactid=”141″>2. Standard Account

  • Base currency options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
  • Lot size: 100,000 units of the base currency
  • Minimum deposit: USD 5

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="3. Ultra Low Micro” data-reactid=”146″>3. Ultra Low Micro

  • Base currency options: EUR, USD, GBP, AUD, ZAR, SGD
  • Lot size: 1,000 units of the base currency
  • Minimum deposit: USD 50

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="4. Ultra Low Standard” data-reactid=”151″>4. Ultra Low Standard

  • Base currency options: EUR, USD, GBP, AUD, ZAR, SGD
  • Lot size: 100,000 units of the base currency
  • Minimum deposit: USD 50

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Demo Account vs Real Account” data-reactid=”156″>Demo Account vs Real Account

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="First-time forex traders may open a demo account before using a real one to get the feel of online trading in the forex market.” data-reactid=”157″>First-time forex traders may open a demo account before using a real one to get the feel of online trading in the forex market.

XM demo accounts simulate real-time market conditions, provide full access to multiple trading platforms, and enable trading with virtual funds worth USD 100,000. Using a demo account allows you to see how the execution of orders works on an XM trading platform.

Because demo accounts are free, unlimited, and non-expiring, you can use them to test your trading strategies for as long as you want at your own pace.

Once you’re familiar with the system and confident with your forex trading strategies, you can already start trading with real funds under real market conditions. For that, you need to create a real trading account on XM.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM Global Trading Platforms” data-reactid=”165″>XM Global Trading Platforms
XM Global Trading - MT4 and MT5 PlatformsXM Global Trading - MT4 and MT5 Platforms

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XM Global Trading – MT4 and MT5 Platforms

XM Global offers online trading platforms that help clients perform forex market analysis and execute trades.

Their trading platforms work with Windows and Mac computers, as well as Apple and Android devices. They display key indicators, such as the following, that help users make trading decisions:

  • Live prices and symbols of trading instruments
  • Chart window that shows historical prices, indicators, and other tools
  • Active, pending, and closed trades

Choose from two types of XM forex trading software: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The right trading platform to use will depend on your needs as a trader.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM MT4 Trading Platform” data-reactid=”193″>XM MT4 Trading Platform

Mainly a forex trading platform, the MT4 is the most popular software for retail FX trading because of its easy-to-use features and ability to automate trading. This is the recommended platform if you want to focus on forex trading.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM MT5 Trading Platform” data-reactid=”195″>XM MT5 Trading Platform

The MT5 is a multi-asset trading platform. Aside from forex, you can also trade individual stocks, equity indices, precious metals, energies, and cryptocurrencies. Trade on the MT5 platform if you want to diversify your investments.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Start Trading with XM Global” data-reactid=”197″>How to Start Trading with XM Global

XM Global Trading - How to Start Trading with XMXM Global Trading - How to Start Trading with XM

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XM Global Trading – How to Start Trading with XM

Whether you’re a beginner or a pro in forex trading, you’ll find the XM platform easy and convenient to use, from account opening to the actual trading.

Take these simple steps to begin your journey as an XM forex trader.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="1. Sign Up for an XM Trading Account” data-reactid=”220″>1. Sign Up for an XM Trading Account

A forex trading account gives you access to your preferred platforms and the XM Members Area where you can monitor and manage your account. Creating an account takes only around five minutes.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Open a Trading Account” data-reactid=”222″>How to Open a Trading Account

  1. On the XM homepage, click the Open a Live Account button. This will take you to the XM Real Account Registration page (or directly access the page here).
  2. Fill out the online form with the required details.
  3. Select MT4 or MT5 as your trading platform.
  4. Choose the account type you want to trade on.
  5. Click the Proceed button to go to the next page
  6. Fill out another form with details about your trading account, yourself as an investor, and your trading knowledge and experience.
  7. Create a password for your trading account. It must have at least two numbers, lowercase letters, or uppercase letters. Re-type your password to confirm it.
  8. Read and accept the Terms and Conditions and other policies.
  9. Click the Open a Real Account button.
  10. Check your inbox (or Spam folder) for a message from XM with a link to confirm your email. Click on the email confirmation link to complete your account registration.
  11. You’ll be taken to the XM Members Area where your MT4/MT5 ID number is displayed. Enter the password you created during your account registration. Click the Login button.
  12. Check your inbox again for a message with your MT4/MT5 ID and server name, as well as links that will allow you to log in to the Members Area and download your chosen trading platform.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="2. Validate Your Trading Account” data-reactid=”236″>2. Validate Your Trading Account

To access all XM trading account features and benefits, including fund withdrawal, submit the required documents for validating your account.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="XM Global Requirements for Account Validation” data-reactid=”238″>XM Global Requirements for Account Validation

  • Proof of identity – Valid passport or any valid government-issued ID that contains your complete name, ID issue/expiry date, birthplace and birthdate or TIN, and signature
  • Proof of residency – Recent utility bill or bank account statement with your name and address and dated within the last six months

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Submit Your Account Validation Documents” data-reactid=”242″>How to Submit Your Account Validation Documents

  1. Go to the XM Members Area.
  2. Enter your MT4/MT5 ID number and password. Click the Login button.
  3. Click on “Validate Your Account Now.”
  4. Upload clear and colored copies of the requirements for account validation.
  5. Wait for an email confirmation from XM’s Validation Department that your account has been successfully validated.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="3. Make a Deposit to Your Trading Account” data-reactid=”249″>3. Make a Deposit to Your Trading Account

XM clients can choose from a broad range of payment options for fund deposit or withdrawal. These payment methods include credit cards, e-wallets, local bank transfer, and wire transfer.

Funds can be deposited in any currency, which will be converted automatically into your account’s base currency.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Deposit Funds” data-reactid=”252″>How to Deposit Funds

  1. Log in to the XM Members Area.
  2. Click the Deposit Funds button.
  3. Choose your preferred payment method.
  4. Follow the provided instructions on how to deposit money through your chosen payment method.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Available Methods for Depositing Funds” data-reactid=”258″>Available Methods for Depositing Funds

  • Credit/Debit Cards
  • Online Bank Transfer
  • Neteller
  • Skrill
  • WebMoney
  • Perfect Money
  • SticPay
XM Global Trading - Deposit FundsXM Global Trading - Deposit Funds

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XM Global Trading – Deposit Funds

Take note that available methods may vary depending on your country of origin. For Online Bank Transfer, below is the list of local banks available for XM.

  • BDO
  • BPI
  • China Bank
  • Metrobank
  • RCBC Savings Bank
  • Robinsons Bank
  • UnionBank EON
  • UCPB
XM Global Trading - Online Bank TransferXM Global Trading - Online Bank Transfer

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XM Global Trading – Online Bank Transfer

Payments made via Online Bank Transfer will be redirected to Dragonpay wherein over-the-counter processes via SM, Cebuana, ECPay, RuralNet Bankks, and Coops are also available.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Withdraw Funds” data-reactid=”318″>How to Withdraw Funds

To request a fund withdrawal, simply click the Withdraw Funds button in the Members Area and enter the amount you wish to receive. Your request will then be processed within 24 hours.

Your money will be sent back on the same day or up to five business days to the payment method you used for making a deposit.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How Much are the Deposit and Withdrawal Fees?” data-reactid=”321″>How Much are the Deposit and Withdrawal Fees?

XM Global does not charge any fee for making a deposit or withdrawal, regardless of the payment method used. The company shoulders all transaction fees for its clients, except for deposits less than USD 200 via international bank wire transfer.

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="4. Install the Trading Platform” data-reactid=”323″>4. Install the Trading Platform

At this point, all you have to do is download, install, and log in to the XM trading platform before you start using it.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Install the XM Trading Platform” data-reactid=”325″>How to Install the XM Trading Platform

  1. On the XM homepage, click on “Platforms” at the top menu.
  2. Select your preferred trading platform (MT4/MT5) and operating system (PC/Mac for computers or iPhone/Android for smartphones or tablets).
  3. Click the Download button.
  4. The setup window will appear. Click the Save File button to download the XM.exe file.
  5. Go to your Downloads folder (or any other folder where you save your downloaded files). Then double-click the XM setup file.
  6. Read and agree to the End-User License Agreement. Click the Next button.
  7. Wait for the installation process to complete. Click the Finish button.

<h4 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How to Access the Trading Platform” data-reactid=”334″>How to Access the Trading Platform

  1. Double-click the XM icon on your desktop to launch the trading platform.
  2. Select your trading server. Click the Next button.
  3. Select “Existing trade account” and enter your MT4/MT5 ID and password (the same login credentials you’re using to access the Members Area).
  4. Click the Finish button.

Everything’s set—now you can start trading using the XM platform.

<h2 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Final Thoughts” data-reactid=”341″>Final Thoughts

The potential to earn profit in the forex market is high, and so are the risks. It’s best to start with a demo account, so you can familiarize yourself with how the XM Global trading platform works. Explore the XM Members Area and learn as much as you can, too. Arm yourself with the knowledge and confidence needed to succeed in the forex market.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article was created in partnership with XM. While we are financially compensated for this collaboration, we ensure to maintain our editorial integrity to provide you with the best recommendations that can help you make smarter financial decisions.” data-reactid=”343″>This article was created in partnership with XM. While we are financially compensated for this collaboration, we ensure to maintain our editorial integrity to provide you with the best recommendations that can help you make smarter financial decisions.

Find the right credit card for you!Find the right credit card for you!
Find the right credit card for you!

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Sources:” data-reactid=”357″>Sources:

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="DISCLAIMER: Information published on this blog or elsewhere on www.moneymax.ph should be used for general information purposes only and does not constitute investment advice, performance data or any solicitation or recommendation that any security, investment product, transaction or investment strategy is suitable for any specific person. This material does not take into account your financial situation, risk tolerance level, investment experience or objectives; all of which are unique to you. Before acting on information on this blog, we suggest consulting an independent professional to advise you on the risks of any decision and the extent of any exposure to loss.” data-reactid=”361″>DISCLAIMER: Information published on this blog or elsewhere on www.moneymax.ph should be used for general information purposes only and does not constitute investment advice, performance data or any solicitation or recommendation that any security, investment product, transaction or investment strategy is suitable for any specific person. This material does not take into account your financial situation, risk tolerance level, investment experience or objectives; all of which are unique to you. Before acting on information on this blog, we suggest consulting an independent professional to advise you on the risks of any decision and the extent of any exposure to loss.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The post XM Guide to Start Your Trading Journey appeared first on Moneymax.” data-reactid=”362″>The post XM Guide to Start Your Trading Journey appeared first on Moneymax.

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Statements about Cryptocurrency

Statements about Cryptocurrency

Cryptocurrencies are in a bubble and regulators could burst this at a whim.

  • Eight years after the introduction of Bitcoin, there are now over 900 cryptocurrencies and their prices are at all-time highs.
  • Richard Schiller categorizes bubbles as an underlying story driving the market forward, as opposed to the fundamentals of the assets. Cryptocurrencies are riding on a narrative of economic empowerment and freedom.
  • Despite the widespread attention that cryptocurrency receive, many of the actors involved in the market are not fully informed. Debate tends to turn to hype and naive investors are buying crypto-assets without fully understanding what they are.
  • Banks spend 73% of the market capitalization of Bitcoin each year on regulatory compliance. Crypto-assets are currently unregulated and free of these restrictions. As such, the market has thrived but also developed some bad habits.
  • Regulators cannot necessarily shut down cryptocurrencies, but they can restrict liquidity into them from fiat currencies and hamper their growth. The global derivatives market, for example, is worth $1.2 quadrillion, dwarfing Bitcoin’s $100 billion market cap.

Statements about Cryptocurrency

Market manipulations in crypto markets are undermining their credibility.

  • Due to low liquidity, no regulation, and a lack of clear understanding of the markets, pump and dumps are widespread in crypto markets. This is where a speculator can artificially sell while concurrently buying their own currency, wait for the market to rise, and then dump their holdings.
  • Frontrunning is also a common occurrence in ICOs, where early investors—who are used to show initial faith in the enterprise—buy discounted tokens before immediately selling them on.

As with historic bubbles, scams are exploiting naive investors.

ICOs can have the characteristics of vaporware. Entrepreneurs are raising hundred of millions of dollars purely on concepts. Money is being raised from investors who do not truly understand the technical concepts being proposed to them, let alone whether they are feasible.

  • The actual asset structures of ICOs are not only complex but also new forms of assets in their own right. This further confuses investors, which is compounded by the “FOMO” mentality of rushing into investments and following the crowd.
  • The use of celebrities to promote ICOs further demonstrates the use of manipulative marketing techniques used to cajole immature investors into participating in ICOs.
  • The current ICO craze is reminiscent of the South Sea Bubble of the 18th century, a speculatory period that involved crazed investment into enterprises in the New World. Once one of the highest valued companies of all time, the South Sea Company’s bubble burst and the company disappeared almost as quickly as it appeared.

Blockchains are still not proven technology, and more work is required.

  • Blockchains are still new concepts and their technology has not yet been proven on a consumer-wide scale. Attention should be focused on developing this, not speculating on short-termist projects.
  • The security of blockchains is a concept that most investors in crypto-assets do not understand. The onus is on them to protect their assets, which, on the basis of the amount of thefts and frauds in the space, is not being done properly.

There are some solutions to these issues.

  • A less polarized mentality of “us against the world” is needed; this could be enforced by the promotion of self-regulatory standards. These could also help to highlight the bad actors in the ecosystem.
  • More development is required into the underlying technology of blockchains. In the long run, this would be far more valuable than ICO moon-shot projects.
  • Awareness and discussion needs to be promoted. Conferences should present balanced debates from both sides of the crypto-view and more emphasis should be placed on educating investors instead of soliciting their investments.

Originally Published here at https://www.toptal.com

Statements about Cryptocurrency

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CMStrader Signals provider, the number 1 signal provider 4 years in a row

CMStrader Signals provider, the number 1 signal provider 4 years in a row.

CMStrader, the number 1 signal provider 4 years in a row, is now offering free signals to new clients!  Reliable trading tools are fundamental part of successful trading.

cmstrader for the Best Trading Signals

cmstrader for the Best Trading Signals

 

CMStrader’s signals success rate is estimated in 91% this should be enough to take a look and decide for yourself. since this is their biggest feature and drives this broker towards success, it is opretty afe to say that they do their utmost to provide you with quality forex signals.

This broker also entered the cryptocurrency market and offers several cryptocurrencies.  in short they act on the market and engage their clients directly.

when you start trading at CMSTrader, you can choose from a extended list of currencies, indices, commodities, gold and oil.

CMStrader Signals for better Trading

CMSTrader sends trading signals to traders’ accounts when there is an opportunity to buy or sell orders at specific points; an overview of the speculated price or loss ratio is included.

CMStrader Signals the number 1 signal provider among brokers

CMStrader Signals the number 1 signal provider among brokers

The signals are sent directly via SMS to a cellphone for major currencies traded on the stock exchange, foreign goods and precious metals.

In addition, signals can be sent to an e-mail address and or traders can be notified directly over the phone.  This service is available 24/5.

Like with Most proper signal services don’t expect 50 signals a day as simply there are not that many. you will get maybe a few good ones a day on which you could and most of the time should act.

Earn profits with CMStrader Signals in the forex market – the biggest trading scene in the world. Enjoy our unique benefits, trading education, minimum margin and best leverage! Start with a demo account and enter the amazing world of forex with CMStrader.

More about CMStrader Signals & Forex Broker

  • Name :CMSTrader
  • Website :cmstrader.com
  • Established :2013
  • Regulation :FSP
  • Country :United Kingdom
  • U.S. Clients Allowed ?  :No

CMSTrader is a leading investment advisor specializing in personal wealth management and growth and is a somewhat a newcomer to the Forex market.

they started in 2013 and since then have won several awards 2 including one for having best customer service in 2013.

CMSTrader “CMStrader Signals” is authorized under the name of CMS Ventures Limited which is a New Zealand Registered Financial Service Provider (FSP).

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Daily Financial News

Supreme Court Sides With Bits of Gold in Bank Dispute

Supreme Court Sides With Bitcoin Broker “Bits of Gold” in Israeli Bank Dispute

Upon appeal, the Israeli Supreme Court has rejected the closure of Bits of Gold’s banking facilities at Leumi bank, Tel Aviv.

The Israeli cryptocurrency brokerage’s appeal followed a previous ruling against it that has now been set aside by the higher court.

As Israel and many other countries struggle with the accelerated phenomenon of virtual currencies, Leumi Bank recently made the news for being a particularly blunt in its rejection of Bitcoin.

We should of course not be surprised with the banks attitude towards bitcoin or any other cryptocurrency for that matter. keep in mind that the banks become more and more obsolete because of them. Bits of gold versus leumi

They will keep on loosing money which now they make with ridiculous commissions of work that is fully automated. so they will try to see how they are able to make the operation and acquiring cryptos  as hard as possible knowing that they will never be able to stop them.

There is widespread anticipation that the upcoming G20 Summit in March 2018 will produce a global, moderate framework for a regulatory approach. Set against that are persistent hostile stances the world over from banks, asset managers and even governments towards cryptocurrencies.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane. 

Apart from the Israeli revenue service opting to tax cryptocurrency assets as “properties” and other more positive developments dating back to mid-2017, Israel remains a strange mix of genteel acceptance alongside wildly opposing voices.

There is thus Hope But no decision

Bits of Gold has fought a David and Goliath battle since their banker decided it wanted to steer clear of all cryptocurrency-related business.

On record as recently telling another bitcoin-related trader that they simply don’t want the business, Leumi Bank’s hard-line stance is accumulating bad press. The second-largest bank in Israel appears as discriminatory when analyzing virtual currency traders and other digital coin businesses.

During 2017, a customer made a bank transfer to the Kraken exchange site for buying bitcoin worth $1000. The bank identified the request, halted it, and started investigating.

The elated CEO of Bits of Gold, Youval Rouach said that “The court’s decision enables us to focus on the growth of the Israeli cryptocurrency community.”

 

The February 26 Supreme Court ruling granted Bits of Gold a temporary injunction against their account closure pending further scrutiny by the bank and other parties. The presiding bench declared that the company had “acted transparently and did not violate any provision of law.”

Calling the bank’s concerns “speculative” and turning an unsympathetic ear to the plaintiff, the ruling does, however, allow for the bank to still close the account on any small technical detail that defies legislation. As a record of a public spat around cryptocurrency’s right to be recognized in many ways, the ruling is seen as a victory for the local cryptocurrency community.

One Small Step Forward

Although not as absolute as nations like China that has opted for draconian bans, Israel is a front line for digital coins’ right not just to exist, but also become assets in the true sense of the word. The Supreme Court noted in its written ruling that Bits of Gold had not made itself guilty of the violation of any standing laws since opening its doors for business.

 

The Bits of Gold v. Leumi Bank case might become something of a test case once the bank applies its mind in scrutinizing the company’s accounts against the backdrop of existing legislation. The outcome will also be informed by sentiment post the G20 Summit due in March as well as other global regulatory trends.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane.

This was First Published by coindesk

 

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