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Showing posts from January, 2023

Central bank chief describes Polish euro adoption as "deeply harmful" - The First News

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In the NBP governor's opinion, euro adoption in itself would not help in the fight against inflation. Radek Pietruszka/PAP Adopting the euro in Poland would be deeply harmful and result in a "radical drop" in the rate of GDP growth, the head of the National Bank of Poland (NBP) warned on Thursday. Adam Glapiński went on to say that making the euro Poland's currency would benefit "the richest, who invest abroad, have property abroad, spend money abroad." "Adoption of the euro by Poland would mean a radical drop in the rate of GDP growth," he said. "For Poland it would be deeply harmful. We have a Polish economic miracle...

9 Forex Copy Trading Brokers in 2023: Best and Unknown - StartupGuys.net

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The largest and most liquid market in the world is the FX market, which trades all major international currencies and is open 24 hours a day, seven days a week. To trade FX, every trader needs a reliable online broker. A trustworthy forex broker is necessary for successful trading on the foreign exchange market. You can have specific needs for the platform, trading resources, or research needs as a forex trader or contract for difference (CFD) trader. Knowing more about your needs and investment preferences can help you choose the best FX broker. Let's first define forex brokers and discuss why they are crucial to forex trading. Who is a forex broker, and why are they needed? A forex broker is a business that offers financial services to traders and gives them access to a marketplace where they may buy and sell foreign currency. Every transaction in the foreign exchange market involves a pair of two distinct currencies. A forex dealer may also be referred to as a retail deale...

The 10 best online brokerages for January 2023 - Fortune

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Whether you're a seasoned investor or just hoping to get your feet wet, there are many online brokerages that can cater to your needs and help you buy, trade, and sell various asset types.  The Fortune Recommends TM editorial team reviewed more than 20 different online brokerages and came up with a list of our top 10 picks. To develop our ranking, we considered factors such as the minimum amount required to open an account, stock trading fees, educational resources, margin trading accounts, and customer service options. Interactive Brokers TradeStation TD Ameritrade Fidelity Charles Schwab  E*Trade Tastyworks Merrill Edge Firstrade Vanguard The 10 best online brokerages  Here is our list of the best online brokerages, according to Fortune Recommends editors. Note: Minimum deposit requirements, fees, and other numbers in our list...

9 Forex Copy Trading Brokers in 2023: Best and Unknown - StartupGuys.net

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The largest and most liquid market in the world is the FX market, which trades all major international currencies and is open 24 hours a day, seven days a week. To trade FX, every trader needs a reliable online broker. A trustworthy forex broker is necessary for successful trading on the foreign exchange market. You can have specific needs for the platform, trading resources, or research needs as a forex trader or contract for difference (CFD) trader. Knowing more about your needs and investment preferences can help you choose the best FX broker. Let's first define forex brokers and discuss why they are crucial to forex trading. Who is a forex broker, and why are they needed? A forex broker is a business that offers financial services to traders and gives them access to a marketplace where they may buy and sell foreign currency. Every transaction in the foreign exchange market involves a pair of two distinct currencies. A forex dealer may also be referred to as a retail deale...

Ardu Prime Improves the Bottom Line for Traders with Its Cutting-edge MT5 Trading Platform - ForexLive

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Ardu Prime, a global Forex and CFD brokerage that made waves in the media in 2022 with its tailored trading services, enjoys the spotlight with its varied technology offering aimed at supporting traders to make better-informed decisions and harness the best tools available on its MetaTrader 5 platform. Well-known in the online trading space, Ardu Prime has managed to hold the pole position in the Forex and CFD market for the past 23 years, proving time and again that it's got the drive and expertise to stay relevant. Demonstrating an incredible agility to respond to clients' demands, Ardu Prime has created a state-of-the-art, STP (straight-through processing) trading environment where orders are executed almost instantly, offering traders the peace of mind that slippage (if any) will be minimal, and more importantly, there will be no dealing desk intervention or trade manipulation. Through its MT5 platform, the financial firm offers trading on more than 200 CFD instruments base...

The 10 best online brokerages for January 2023 - Fortune

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Whether you're a seasoned investor or just hoping to get your feet wet, there are many online brokerages that can cater to your needs and help you buy, trade, and sell various asset types.  The Fortune Recommends TM editorial team reviewed more than 20 different online brokerages and came up with a list of our top 10 picks. To develop our ranking, we considered factors such as the minimum amount required to open an account, stock trading fees, educational resources, margin trading accounts, and customer service options. Interactive Brokers TradeStation TD Ameritrade Fidelity Charles Schwab  E*Trade Tastyworks Merrill Edge Firstrade Vanguard The 10 best online brokerages  Here is our list of the best online brokerages, according to Fortune Recommends editors. Note: Minimum deposit requirements, fees, and other numbers in our list...

Bajaj Finance delivers strong growth in Q3. Should you buy this NBFC stock post third quarter? | Mint - Mint

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NBFC giant Bajaj Finance garnered the highest-ever consolidated quarterly profit of ₹ 2,973 crore in the third quarter of FY23, rising by 40% year-on-year. Also, new loans booked and net additions to customer franchise were at record levels in Q3. The company's asset quality is pristine. Post Q3, brokerage Prabhudas Lilladher has maintained its buy rating on Bajaj Finance stock, however, reduced the target price. Intense competition in consumer finance and mortgage business, while the NBFC's plan to enter the microfinance business are key factors to look into. In Q3FY23, Bajaj Finance's new loans booked were the highest ever at 7.84 million. Customer franchise witnessed the highest-ever quarterly increase of 3.14 million in Q3 -- taking the total to 66.05 million as of December 31, 2022. Assets under management (AUM) grew by 27% YoY to ₹ 230,842 crore in Q3. Meanwhile, net interest income ...

Nasdaq closes slightly lower for a second day as earnings season rolls on - CNBC

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The Nasdaq closed lower Wednesday for a second day as investors studied the latest batch of corporate earnings, and assessed how the largest companies are faring amid rising rates and mounting recession fears. The tech-heavy index dipped 0.18% to close at 11,313.36, while the S&P 500 dipped 0.02% to settle at 4,016.22. The Dow Jones Industrial Average eked out a small gain, rising 9.88 points, or 0.03%, to end at 33,743.84. Stocks pared their losses during afternoon trading, with the Dow bouncing back from a more than 460-point tumble. At its lows, the Nasdaq shed 2.34%. Technology stocks languished for most of the session after Microsoft's lackluster guidance further fueled growth concerns. The software giant closed slightly lower. Boeing finished slightly higher despite a top-and bottom-line miss. "If the company is bearish on its own future, why should investors be bullish? That's pretty much the message we're getting from earnings...

MetaTrader Banned on Apple's App Store. What Does This Mean for Brokers? - Finance Magnates

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At X Open Hub we've been closely following this week's developments surrounding MetaTrader and Apple. Without any prior notification or formal announcement, Apple removed the MetaTrader 4 and MetaTrader 5 online trading platforms from its App Store. That means iOS-based devices can no longer download the MT4 and MT5 apps. Although the reasons behind the move have not been clarified, it is believed that the removal of the platforms could be due to several scams reportedly implemented through these platforms. Keep Reading How Does the Ban Impact Brokers? The news of Apple's latest move slowly filtered through social media, followed by mainstream media. Buzz around the ban is due to the immense popularity of MT4 and MT5, which together account for 83.8% of the total online trading platform market share, according to Finance Magnate's Quarterly Intelligence Report for Q2 of 2022. Although iPhone and iPad users who have already downloaded the trading platforms ...

Stocks close higher Friday, Nasdaq posts fourth week of gains - CNBC

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Stocks rose Friday and capped off a winning week fueled by better-than-expected economic growth and a pop in Tesla shares. The Nasdaq Composite jumped 0.95% to settle at 11,621.71, while the S&P 500 gained 0.25% to close at 4,070.56. The Dow Jones Industrial Average added 28.67 points, or 0.08%, to finish at 33,978.08. All the major averages posted a positive week and are on pace for a month of gains. The tech-heavy index rose 4.32% and closed out its fourth week of gains. It's on pace for its best monthly performance since July. The S&P and Dow added 2.47% and 1.81%, respectively, this week. Earnings season pressed on, with strong guidance boosting American Express shares by 10.5% despite a top-and bottom-line miss. Some chip stocks rose even as Intel slumped more than 6% on a dismal earnings report that missed expectations. Tesla rose 11% Friday, and more than 33% for the week after reporting record revenue. It marked the electric vehicle stock's best weekly...

ECN Forex Brokers in the United Arab Emirates 2023 - Emirates Business 24/7

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This guide breaks down the best ECN forex brokers in UAE. All of the brokers on our list offer ECN account options are available to UAE customers, regulated by tier one financial regulators, and have a great overall offer for forex traders. To get our list of the top 5 ECN Forex brokers in UAE, we have analyzed 89 forex brokers and compare their service across 8 major categories Best ECN Forex Brokers in UAE IC Markets – Best Multi-Platform ECN Forex Broker Pepperstone – Best ECN Forex Broker for Professional Traders IG Trading – Top ECN Broker For Trading Tools FP Markets – Top ECN Forex Broker For Fee Structure XM – Great ECN Broker For Research and Education Key Features of the Top ECN Forex Brokers in UAE Compared Broker IC Market Pepperstone IG Trading FP Markets XM Trading platform MT4, MT5, cTrader MT4, MT5, cTrader, TradingView MT4, ProRealTime , IG Trading MT4, MT5, FP Markets...