Are you wondering how you should choose a trading platform? What qualities and certificates a broker should present to earn your respect and confidence in them? All these questions are lingering in your mind constantly because investment in trading is always risky, and even despite enormous values and opportunities of modern foreign exchange, the number… Read more
Viewing posts tagged with: forex
A golden mistake
On my quest of finding alternative investments to generate passive income, I was first drawn to foreign exchange, also known as Forex. Why? Because I traveled a lot, was a bit aware of world events, and thought I knew where the currencies were going. There are lots of sites out there that help you get… Read more
Diversifying with spread betting
As you know, I like to look at ways to diversify my investments, so that if something goes wrong with one, at least I have other eggs in other baskets. Today, let’s look at spread betting as a way to diversify. If you are not familiar with spread betting yet, it is a way of trading… Read more
Understanding International Money Transfers
If you find it necessary to send money overseas, you might be shocked by the poor exchange rates and expensive transfer fees offered by domestic banks. A foreign exchange or currency broker can be a much better option. Property buyers have an increasing number of choices available to them, and can look to specialist online… Read more
Send or spend: A Guide to spending or sending money overseas
When moving money, costs fall into two simple categories: fees and the exchange rate. It’s crucial to check both out. Fees. The obvious charge. A multitude of fees, charges or commission can apply, both for the sender and the recipient. Many providers levy lots of small charges to disguise exactly how much it… Read more
Why gold attracts people
Since ancient times, gold has occupied a prominent place in the human psyche. The great empires of old had their castles and precious artifacts decked in gold. Alchemists of ages long past have strived to create “Philosopher’s Stones” that would transmute gold from lead. Throughout history, gold was (and still is) the ultimate… Read more
Currency Exchange and Money Transfers Abroad Update
Easter week was kinder to the euro than the two that had gone before. The single currency strengthened by nearly a cent against the pound and by one and a quarter US cents in currency exchange markets. Its performance over the last month looks less sparkling: down by two cents against sterling and… Read more
Trading currencies as an additional source of income
When I first started considering passive income generation, the first two things that popped in my mind were real estate and Forex trading. I discovered currency foreign exchange, or Forex when I was traveling, as a few day traders were enjoying the nomadic lifestyle it allowed. As a traveler, I knew a bit more about… Read more