Currency Exchange - Melbourne Travelex

Forex Online Brokers -Get The Help You Need To Succeed In The Forex Market

Currency trading offers an opportunity for additional revenue. If you plan to try it, you need to learn the basics of currency trading. While there is much more to be learned from what you can expect as a beginner, the fact is that you can learn. Once you've decided to try the Forex trading, the first step is to choose from the top 10 forex brokers. There are several aspects to order, such as the trading platform, deposit and withdrawal options, account options, intervals and fees, minimum deposit, and customer service, among other things, when choosing a Forex broker. For your convenience, we have evaluated several top Forex brokers; you can choose the one that best suits your needs.
When you visit the Forex Broker website, you will be offered a welcome offer as an additional incentive to sign up as a new buyer to this site and then proceed with the payment. In this way, you can make a more balanced decision about claiming such a bonus
Here is the forex brokers list to decide and select the best one that suits your trade needs
FBS Forex Brokers
FBS is an international Forex broker present in more than 120 countries. The company has over 2,000,000 merchants (customers) and 130,000 partners through online money. For every trader, the broker provides accounts without Islamic or swaps accounts.
XM.com Forex Brokers
XM.com, the business name of Trading Point Holdings Ltd, operated and owned by Trading Point of Financial Instruments Ltd. It is also a great exchange broker registered in the European Union. XM is based in Limassol, Cyprus.
PeppeerStone Forex Brokers
Pepperstone, Forex broker for execution purposes offers trading solutions tailored to experienced beginners and traders. PeppeerStone was established in 2010; the company is headquartered in Melbourne, Australia. The company also has offices in some part of the world.
Tickill Forex Brokers
Tickmill is also one of the top 10 forex brokers owned and operate by Tickmill Limited, a company that is incorporated in Wales and England. Tickmill is under the regulatory control of the Seychelles Financial Services Agency and the UK Financial Services Agency.
Ava Trade Forex Brokers
AvaTrade, a pioneer in the field of online currency trading since 2006, was created to provide excellent online trading to retailers. In no time, AvaTrade had more than 20,000 registered clients that completed more than 2,000,000 transactions in one month worldwide. The total value of operations exceeds $ 80 billion in one month.
EToro Forex Brokers
EToro, an online Forex exchange broker, offers currency, commodity index, and CFD services. More than 4.5 million users from more than 170 countries use the Forex broker's website. It was found in 2006 in Tel Aviv, and the multi-asset brokerage has offices in many countries. One of the key features of eToro is its social investment platform with its great function.
HotForex Forex Brokers
To meet the requirements and needs of many operators, HotForex offers different types of Forex trading accounts. Each of these types of accounts has different and competing business accounts and can be opened with as little as $ 5. In addition to regular accounts, HotForex also offers a Zero account, a VIP account, and a Currenex account. There is also a social account through which marketers can interact with other retailers to discuss news and different strategies.
HotForex offers a wide range of educational tools and technical analysis to help customers benefit from their activities. The broker also provides new news at regular intervals. Generally, this Forex broker can test anyone who wants to get information and news about currency trading in a clear and organized way.
submitted by forexnearme to u/forexnearme [link] [comments]

Mitrade Launches Proprietary CFD Trading Platform for Global Investors

This is the best tl;dr I could make, original reduced by 48%. (I'm a bot)
MELBOURNE, May 6, 2019 - - Mitrade Global Pty Ltd, an innovative Melbourne-based online CFD trading broker, has launched its proprietary trading platform for global investors, both seasoned and amateur, to trade nearly 100 different markets of contract-for-difference products - including forex, indices, commodities and the trending cryptocurrencies.
As the foreign exchange market caps at an average of $5.1 trillion a day, according to the Bank for International Settlements triennial report in 2016, mobile trading continues to gain momentum among investors as a bridge for tactical global asset allocation.
"Mitrade is engineered to simplify trading," said Laura Lin, the Chief Executive Officer at Mitrade Global, "We understand traders' need for a clear and easy-to-operate trading platform instead of boasting powerful functions but having an ambiguous interface. This is especially true when it comes to CFD trading."
Mitrade features an intuitive one-stop account management for users to perform deposits and withdrawals, make an easy switch from demo to live account, and enjoy an overall seamless trading experience under a highly secured environment regulated by the Australian Securities and Investments Commission.
About MitradeMitrade Global Pty Ltd, an innovative Melbourne-based online CFD trading broker, operates under regulations of the Australian Securities and Investments Commission.
Making FX and CFDs trading simple, MiTRADE provides a proprietary trading platform with nearly 100 products and assets including FX, commodities, indices and cryptocurrencies best suited to investors' needs from around the world.
Summary Source | FAQ | Feedback | Top keywords: trade#1 Mitrade#2 platform#3 Global#4 CFD#5
Post found in /economy, /ethtrader, /CryptoTradingFloor, /Economics, /BasicIncome, /CryptoCurrencies, /CryptoCurrency, /CryptoCurrencyTrading, /Crypto_Currency_News and /CryptoMarkets.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Autolinking New TLDs Test

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submitted by edent to test [link] [comments]

Interesting anecdote on cross border transfer - does Bitcoin help here or not?

From the Australian website macrobusiness (see the comments):
A mate of mine is a real estate agent in Balwyn – the epicentre of Chinese investment in Melbourne property. He tells some interesting stories. The new restrictions are really having an effect. One Chinese buyer had to go to extraordinary lengths to settle on a property last week. Apparently they used to be able to get lots of people in China to transfer $50k each to a single bank account here in Australia ($50k was the max you could transfer out in 3 or 6 months or something from a Chinese bank account). Now China is also tracking the account receiving the money – the same overseas account cannot receive more than $50k from Chinese accounts. Anyway, the Chinese buyer tried the ‘old’ approach and was rung by the Bank of China advising her that the attempted money transfers were illegal. The buyer needed about $2m. What they ended up doing was flying their whole family out (10+ people) to all set up bank accounts here in Australia. The flights would have cost of fortune. Plus they contacted people they knew in Australia to help out. They then used multiple accounts in China to transfer to multiple accounts in Australia, before putting the money into a single account in Australia. So it’s much harder to get money out – but still possible. Has to stop some buyers, at least. More generally my mate tells me that expressions of interest are down, there are fewer Chinese turning up to open for inspections, etc – all in the past 2 or so weeks. Will be interesting to see what happens when the ATO steps up later this year.
It interests me to consider: does Bitcoin help the person in this case? It doesn't make the transfer any less illegal to the CCP, but let's put that to one side for the moment.
Consider that a $2 million dollar (this is AUD not USD so it's actually 30% less but let's pretend it's $2m for simpler numbers) buy would be about 10K BTC. Given that there are multiple fairly big exchanges and a lot of USD and RMB liquidity, I guess you could buy this fairly quickly, but once the market gets wind of such a big buyer the offers will start disappearing rapidly. In other words, you might get a lot of slippage on price and might end up paying a few percent more than the starting price. (Doing a special deal with a miner might make some sense, but that would be seriously hard if not impossible).
Then consider liquidating into AUD. Much less AUD liquidity of course, but you could liquidate into USD and transfer to an arbitrary international account; after all, a wire transfer fee into Australia is basically zero compared to everything else discussed here. Another problem might crop up there: wire transfers of $2m into a new account could create AML/KYC flags, at the Bitcoin exchange, and at the one or two bank accounts involved.
Add to that the general volatility risk of the Bitcoin exchange rate; it's more of a risk than a certain cost, but if BTC moves against fiat by more than 5% in all this, it could be quite a big hit.
Compare all that to the cost of flying 15 people to and from Australia and doing it that way. I would ballpark that at $40K (also huge hassle, which is not so quantifiable), even imagining you can find that many people amongst friends and family that can do this for you.
Overall? I doubt the person involved even considered Bitcoin, but on balance I think they would still go with the flights approach, because the limitations/costs of it are more certain.
But, I see scenarios which would skew it more in Bitcoin's favour:
submitted by waxwing to Bitcoin [link] [comments]

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