2. Prithvi Exchange, offers a whole
gamut of foreign exchange and
money transfer services and is
licensed by Reserve Bank of India
as a full-fledged money changer.
My Best Forex System on page 4
3. The Forex market use to be a
financial system used by only
banks to trade currencies against
each other, which have expanded
and grown with the use of
technology, such as the internet.
Through the internet anyone can
start trading with just a small
amount of money in their account
with a forex brokerage company
which is eligible to trade on the
Foreign Exchange Market. Banks
and big financial corporations use
the electronic systems to trade
currencies in bulk. Single traders
however, would need huge amount
of money in their accounts to be
able to trade with banks and with
financial corporations.
My Best Forex System on page 4
4. The big issue ASIC (and other
regulators) have with binary
options is that they are not a
traditional asset class. They are
essentially a betting game on the
outcome of an event. The payout
structure is also unlike any other
financial asset. If a binary option
expires ‘out-of-the-money' the
client loses 100% of his investment,
but if the client's option expires ‘in-the-
money', the client can expect
to earn around 80% or less. A
negative cumulative payout is
achieved and the broker can expect
to ‘beat' the client the more the
client plays.
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5. A person should never engage in
real-money binary trading of this
nature until he or she masters the
process through a demo account.
The amount of time this takes
depends on an individual. Some
people simply are able to master
the demo account faster than other
individuals. Watchdog has warned
investors to take extra cautions
and be careful when investing into
any local companies which have
majority of its assets in developing
countries.
Best Forex System Explained
http://andylank.com/cash-flow/
6. It is worth noting that all regulated
Australian binary option brokers
already have existing operations in
FX/CFD markets and have started
offering binary options as an
extension of their current ASIC
license. If a broker already has an
ASIC license to offer margin FX
trading services, they are able to
offer binary options as well. The
Aussie dollar was bought 0.27%
lower at $0.9278 as of 6:39am GMT,
at the same time it eased at 0.10%
to $1.4270 against the euro.
Best Forex System Explained
http://andylank.com/cash-flow/