The Money exchange

Category: money , Asked by: V. M. From Netherlands

A: We believe "AVA FX" is definitely the place if you'd like a foreign exchange platform that has a small min deposit. The minimum deposit starts from the small amount of $100, you're don't have to pay commission in this site, the customer service is heavenly, and the platform graphics are the greatest.

Category: platform , Asked by: B. J. From Schaan, Liechtenstein

A: We recommend you to visit "Finexo Ltd." - the design is really clean and the platform is loaded with the most advanced developments in an online casino environment. This forex site is growing to be an excellency standard among its competitors. Plus, the download and installation of the site's installation package is simple. The connection is rapid, and it is easy to understand and get started.

Category: technical , Asked by: W. Q. From Cork, Ireland

A: Try to look for online fx platforms that are certificated by established institutions, for example BVI. Many online fx platforms use them. Whenever you know a site is regulated by BVI, be certain your financial details are safe in this online fx platform. A fabulous example for such an online fx platform is "GCI".

Category: general , Asked by: Layton H. From United Kingdom

A: We think "FX club" is the one to consider if you look for an amazing foreign exchange platform - regulated and certificated by ice, cme, and in addition nymex, it's not hard to trust your money is safe in this site. The foreign exchange platform's customer service line is extraordinary - it takes a real short time to get them to answer the phone, and they're simply expert. The place's program supports more than 21 different languages. Whatever your language is, Hungarian, Farsi or German (or any other of a wide array of other languages), you may connect to this multilingual platform smoothly and fluently. Plus, We're all the time pleased when trying to login to the program, it is easy to use the trading environment. You don't knock against many of the regular connection disruptions you usually handle with this kind of large servers. Also, the communication with the server is quick.

Category: glossary , Asked by: O. J. From Thunder Bay, Canada

A: a "non-deliverable swap " is A swap that is similar to a non-deliverable forward, with the only difference being that settlement for both parties is done through a major currency. Non-deliverable swaps are used when the swap includes a major currency, such as the U.S. Dollar, and a restricted currency, such as the Philippine peso or South Korean won. For example, assume two companies are entered into a swap, exchanging U.S. Dollars and South Korean won. The Korean company is due to pay $110,000,000 won, and the U.S. Company is due to pay $125,000 U.S. Dollars. The fixed rate for the contract is taken as the spot rate for the day before the payment date. In this example, we will assume 929 won/dollar. The Korean company is then due to pay $118,406.89 ($110,000,000/929) U.S. Dollars. A net payment is made on the payment date - for this example, the U.S. Company pays $6,593.11 ($125,000 - $118,406.89) U.S. Dollars to the Korean company. Non-deliverable swaps have allowed emerging markets with minor currencies to hedge against currency risk.

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.

Category: glossary , Asked by: Dana C. From United States

A: An options or futures investor holding or controlling a single position below the required reporting levels. The reporting level for each option or futures contract is set by the CFTC and individual exchanges.

Category: glossary , Asked by: C. Sims from ´s-Hertogenbosch, Netherlands

A: "retention tax " is A mandatory tax placed on income that is earned on investments in a country that is not the resident's home country. This only applies to countries that are members of the European Union (EU). The retention tax was set up by the EU in 2005 to prevent individual investors from avoiding taxes on their income by investing their money in other countries. The rates are scaling, and will rise to a level of 35% by 2011.

Category: money , Asked by: F. Graves from Cork, Ireland

A: If you're interested in an online fx platform USD/ARS, you must totally head for "NobleTrading". It's a definitely fantastic online fx platform, and it has the option look for. The optional currencies in this online fx platform are: USD/ARS, EUR/CAD or SEK/PKR (or any other currencies you prefer).

Category: glossary , Asked by: P. Sampson from Saint Louis, United States

A: a "cRC " is In currencies, this is the abbreviation for the Costa Rican Colon. The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.