The Money exchange


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  1. Q: do you know what a "cross currency pairs" is?

    Category: glossary , Asked by: U. Lynn from Austria

    A: A pair of currencies that does not include the U.S. Dollar. For example: EUR/JPY or GBP/CHF.

  2. Q: Which foreign exchange platform has got a not that big minimum deposit, to your advice

    Category: money , Asked by: F. Macias from United States

    A: If you're interested in the most great foreign exchange platform that has the lowest deposit, you should try "Xforex". The minimum deposit starts from the small amount of $50, the customer support is cool, the platform graphics are the most creative, plus they don't charge any commission in this one.

  3. Q: do you know what "evergreen" is?

    Category: glossary , Asked by: Z. F. From United States

    A: A contract provision that automatically renews the length of the agreement after a predetermined period, unless notice for termination is given. Evergreens are often used for long term agreements such as memberships or maintenance contracts. An evergreen is renewed after a short period, which is agreed upon by the parties at the outset of the contract. Let's use a year-long evergreen contract with a monthly renewal as an example. This contract will last one year from the beginning month. After the first month, if no termination notice is given, then contract will extend to last a year from that period and so on. Once termination is given, the contract would live out the rest the year and not be renewed again.

  4. Q: please define the "substitute check"

    Category: glossary , Asked by: Sienna X. From Ireland

    A: A paper reproduction of a check that is copied electronically. Strict guidelines exists regarding the requirements that must be met for the creation of a substitute check, because the substitute can be legally used in any manner in which the original check could function. Typically, substitute checks are often slightly larger and include pictures of the original check's front and back as well as text declaring that the check is a legal copy. As a result of the Check Clearing For the 21st Century Act, banks have started to create electronic copies of paper checks to cut costs and speed up check processing times. But depending on the specific bank involved, consumers may not necessarily be able to get their check back for record-keeping purposes. In some instances, consumers can ask their banks to provide substitute checks for proof of purchase purposes (such as for tax-related purposes).

  5. Q: How do I know which licenses and certificates are trust worthy?

    Category: technical , Asked by: V. U. From Canada

    A: We recommend you to look for online fx platforms that are regulated by familiar groups, for example ice, cme or nymex. A lot of listed online fx platforms use their services. Whenever you read a site is certificated by ice, cme or nymex, be certain your money is in good hands in this place. Recommended example for such an online fx platform is "FX club".

  6. Q: what is the "genuine progress indicator - gPI"?

    Category: glossary , Asked by: J. U. From Luxembourg, Luxembourg

    A: "genuine progress indicator - gPI " is A metric used to measure the economic growth of a country. It is often considered as a replacement to the more well known gross domestic product (GDP) economic indicator. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity (such as the cost of crime, cost of ozone depletion and cost of resource depletion, among others). The GPI nets the positive and negative results of economic growth to examine whether or not it has benefited people overall. The GPI metric was developed out of theories of green economics (which sees the economic market as a piece within an ecosystem). Proponents of the GPI see it as a better measure of the sustainability of an economy when compared to the GDP measure. Since 1995 the GPI indicator has grown in stature and is used in Canada and the United States. However, both these countries still report their economic information in GDP to remain in line with the more widespread practice.

  7. Q: Will you name an online fx platform with a not that big minimum deposit

    Category: money , Asked by: Jacqueline J. From Carrollton, United States

    A: If you're interested in an online fx platform with a modest min deposit, you should definitely head for "Global Forex Trading (GFT)". You can start with real small deposits - from $250, there's no charge for commission in this site, the service is delightful, and also the graphics are the highest level of.

  8. Q: Which forex site offers long time being around?

    Category: general , Asked by: Henry Q. From United Kingdom

    A: We think "HY Markets" is exactly the place for that. A well standing retail self investing forex company established on 1978, HY Markets is headquartered at 28 Throgmorton Street, London EC2N 2AN, UK.

  9. Q: Which online fx platform has got the hi-tech mobile-friendly software, in your opinion?

    Category: platform , Asked by: Kelvin D. From Liechtenstein

    A: If you fancy a legendary forex site with a cool mobile connection, we recommend you to go for "Global Forex Trading (GFT)" - the design is great looking and the environment is perfectly an attractive one - this mobile friendly platform is growing to be one of the most inviting and modern programs available online.

  10. Q: what is the "stop payment"?

    Category: glossary , Asked by: Richard O. From Dublin, Ireland

    A: "stop payment " is When a bank account holder instructs his or her financial institution not to honor payment. Stop payments are issued after a check has been delivered, but before the receiving party has cashed it.