Debt Management Strategies
These are the different techniques the help in getting debts under control. Getting credit is increasingly becoming difficult in the modern days. So the process of managing debts is very important. This should apply when you are looking for a credit card, auto loan, student loan or any other type of a loan.
Effective Methods Of Controlling Your Finances
Planning out and managing your finances is a process that requires you to dedicate your energy and time. Budgeting is one of the essential processes as far as financial planning is concerned. Being successful in life is dependent on how you manage your resources or finances.
How To Choose The Right Bankruptcy Lawyer
Being bankrupt is one of the most difficult situations in one’s life, but this should not scare you. Any individual filing for bankruptcy is supposed to choose the right attorney. Such a lawyer will be in a better position of representing your interests in the best way possible.

Category: Uncategorized

Characteristics of excellent forex trading platforms

Characteristics of excellent forex trading platforms

Choosing a forex trading platforms might be intimidation for beginners. Below are some features to look at when selecting a forex trading platform.

How to choose a forex trading platform

Security

Money issues are sensitive; you must, therefore, be guaranteed safety. Does the platform you want to select give detailed information about your security? Your personal and trading data should be encrypted to ensure the safety of your money. Whatever the mode of payment, whether through bank transfers or PayPal, your identity and cash must be secure. In addition to that, they should be able to advise how to increase your online security.

Reliability

Are you able to access them anytime you want? A forex trade platform should be operational 24 hours 5.5 days in a week. Choose something that can be accessed with ease and continuously. You should be in a position to place orders even when the markets are closed. The platform must be up to date. Otherwise, you will be operating at outdated prices.

One time click

If a currency trading platform is slow, unreliable or prune to interruptions, a trader might miss a quick opportunity. You should be able to sell or buy in a single click. This way you will not lose a price you wanted.

Market analysis

Information is power. This statement plays a big role in forex trade. The platform you choose should be able to offer market analysis and provide users with the information. A perfect platform should include in-house research, market analysis, third-party research and news feed. You should access as much of this information as possible. A reliable market analysis should include historical data such that the trader gets to know how the market is affected by different situations.

Price

Are they free? Reputable currency trading platforms offered by trusted brokers are free. The only costs you pay is when you make a loss. If you meet one which is not free or has added expenses, seeks to find out if there are any added benefits. Secondly, will they give your money back if you are not satisfied with their software? These are questions to be asked a platform which is not free. The above information should be helpful to beginners in forex trade. One more thing, forex trade is risky, you might end up losing your original investment. Study all the risks involved before joining the trade.

 

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China Business News

INDUSTRIES

China’s electronics and IT sector continues to grow in Jan.-Aug. »
China’s electronics and information technology (IT) sector continued to expand in the first eight months of this year but companies…

Oct 6 2011 / No Comment / Read More »
CDC files for bankruptcy protection »
CDC Corp. an internet-related Chinese company listed in NASDAQ, filed on Wednesday for bankruptcy protection, hammering its stocks by more…

Oct 6 2011 / No Comment / Read More »
Venezuela, China agree to build $520m terminal »
Venezuelan state company Bolivarian Ports (Bolipuertos) and the China Harbor Engineering Company (CHEC) on Tuesday signed an agreement to build…

Oct 6 2011 / No Comment / Read More »
Ford September sales up 9 percent »
Ford Motor Co. said Monday its U.S. sales jumped by nearly 9 percent, versus the same month a year ago.…

Oct 5 2011 / No Comment / Read More »
GM’s Sept. sales up 20 pct »
General Motors Co.’s U.S. sales rose 20 percent in September from a year earlier, driven by strong demand for passenger…

MARKETS

Silver coins suffered the biggest single-day plunge of Rs 7,000 to Rs 58,000 per 100 pieces »
Silver coins suffered the biggest single-day plunge of Rs 7,000 to Rs 58,000 per 100 pieces here on Wednesday on fresh arrivals for the festival season, in line with a…

Oct 7 2011 / No Comment / Read More »
Gold climbs on these latest minutes from $1,634 towards the $1,650 area »
Gold climbs on these latest minutes from $1,634 (daily low) towards the $1,650 area. The yellow metal is quoting, currently, around the $1,652 area (daily high is at $1,653) after…

Oct 7 2011 / No Comment / Read More »
Gold futures rose for a second day in a row »
Gold futures rose for a second day in a row, as investors on Thursday firmed up their positions ahead of key employment figures in the next session. Gold for December…

Oct 7 2011 / No Comment / Read More »

BANKING-FINANCE

ECB holds key rates unchanged amid hiking inflation pressure »
The European Central Bank (ECB) decided to leave its benchmark interest rate untouched at 1.5 percent, the Frankfurt-based bank said Thursday after holding a decision-making meeting in Berlin. As the escalating debt crisis has been threatening the bank sector and real economy, markets and some…

Oct 6 2011 / No Comment / Read More »
British central bank increases QE2 size by 75 bln pounds »
Bank of England announced Thursday to increase its quantitative easing size from 200 billion pounds (308 billion U.S. dollars) to 275 billion pounds (424 billion U.S. dollars), as an attempt to boost the stagnated economy. This is the first time that the British central bank…

Oct 6 2011 / No Comment / Read More »
Wen urges financial support for small businesses »
Chinese Premier Wen Jiabao has urged stronger financial support for China’s small businesses and better regulation of private lending activities to prevent risks of capital shortage from spreading. Small enterprises should be a priority of bank credit support and enjoy more tax preferences from the…

Oct 6 2011 / No Comment / Read More »
US bill on China’s currency ‘does more harm than good’ »
A bill …