March 2019


Start your online trading option now

Trading is an activity to buy and hold the investments for traders in financial markets. Online trading is something that is becoming more and more popular in the recent years. Because of its versatile uses, you can easily get into the world of online trading. In this realistic world, trading plays the major role and it determines the profit in rising and falling methods. So if you love to earn huge sum of cash through online trading then you need lot of creativity and intelligence. In addition, the trader need to be ready to lose a part of his investment because it is usual in the online trading. You can reach the IQ Option in order to learn more about the online trading. This application provides a great platform for the newbies in the area of online trading.

Why online trading?

Usually the trading in traditional method is done with the help of an intermediary. This is going to cost the investment extra money because the brokerage charged by these people really affects your profit share. Sometimes there are chances for the middlemen to play a different game and increasing the loss in your investments. However, online trading can be done by investor with out nay other medium. Therefore, there is no need to pay commission and in addition, the transactions cost of the investor decrease to a greater extent.

Yet another important advantage of online trading is that it is comftrbale. Because you could start the trading account just by sitting inside your home through the internet. This ensures the trader many options saving both the time and money involved in trade. It is easy to buy nay products through the online trading because it is you, who chose the products to be sold or bought. In addition, the risk also les with you because you are on your own. However, professional platform like IQOption can help you in knowing about the market trends.

What IQ options provides to you?

By the help of this professional service, you can start an online trading account without nay hassles. Part from the account maintenance it is very much useful in conducting your independent trading account. The greatest news about this trading platform is that you are allowed to start the trading with a very less initial investment. That is if you have a single dollar in our pocket then it is possible to trade the products.

Of course, you could believe this but IQ option is allowing the traders to start the trade and end it within one minute. Therefore, when you do not love to invest your money on long-term returns then this platform is going to be a boon for you. It has more than 70 type of asset to be traded by the users. The user could enjoy the withdrawal system provided by this platform. It is simple and there is no way for the users to be misguided in tis also has a wide range of analysis tools that will be helpful to the users.

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Finance? It’s Easy If You Do It Smart!

What is a mortgage?

A mortgage is a loan used as collateral for property or real estate. It is a long – term loan guaranteed by the house’s value.

The borrower concludes an agreement with the lender (usually a bank) in which the borrower receives cash in advance and then makes payments over a specified period oftime until the lender is paid back in full.

Most people do not have sufficient money to buy a house straight away. So, they go to a bank to take a loan. The bank consents to grant them a loan provided with the condition that the house can be legally repossessed and sold in order to pay the balance of the loan in case borrower defaults on payments. Firms like Sun west mortgage makes it easy with engages in originating, processing, underwriting, closing, funding, and servicing the residential home loan.

How do Mortgages work?

Traditional mortgages are structured over a period of 15 or 30 years and typically require a monthly payment. In many banks, property taxes and household insurance are collected on behalf of their borrowers and transferred to local governments.

  • Mortgages, like all other financing products, will change depending on the market in terms of supply and demand.
  • This is why banks can sometimes offer fluctuating interest rates.
  • When a borrower has agreed on a high-interest rate, and after a couple of years he finds that rates have dropped. A new lower interest rate agreement can be signed – after jumping some hoops.
  • Home buyers typically receive mortgage loans when they have insufficient cash available to buy the home. Companies such as Sun West mortgage offers a wide range of low-interest rates and excellent pricing.
  • There are different types of mortgage loans, and before entering one, buyers should consider what is better for them.

Why do Mortgages matter?

  • Mortgages enables people without enough cash to buy an asset such as a house, up front.
  • The lenders risk making these loans because the borrower is not guaranteed to pay in future. The borrowers also take the risk of accepting these loans as failure to pay leads to a total loss of assets.
  • Their home is the most valuable asset for most of the people. Sun West Mortgage make home buying possible for many individuals by offering low-interest rates.
  • But mortgages are not always easy to secure because rates and terms often rely on the credit and employment status of an individual. If the bank fails to reimburse, it can legalize its losses and auction off the property.
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Let a Professional Accountant Improve Your Finances and Your Life

Accounting professionals do far more than provide assistance with your yearly income tax filings because they can help both individuals and business owners improve their finances so they are more comfortable from then on. Accountants do everything from helping you plan for retirement to helping you save for your children’s college education and they save you a lot of money during it all. Their services include audit assistance, bookkeeping and payroll for your small business, start-up assistance, and numerous ways to save money both by paying less taxes and by growing your income so that you are more comfortable financially for a very long time. With each client, these accountants will personalise their plan so that you get just what you need every time, ensuring that your financial future is one that you can look forward to.

The Right Accountant Makes a World of Difference

Accounting professionals work with clients of all sizes and types from retail stores to corporate offices, restaurants, schools and hospitals. One of their most significant services includes consulting with businesses of all kinds so whether you are just getting started or you’ve been in business for many years, they can help you with paperwork, deadlines, business plans, and financial statements, to name a few things. Companies such as Watson & Watt provide professional accounting services that you are certain to need at some point. The main advantage of choosing professionals is the number of things they can provide to you, including the ability to maximise your profits, experience extraordinary business growth, and even improve your cash flow situation. In fact, when it comes to your finances, there is little that they cannot do to help you get more money in your bank accounts at the end of each day and the fees you pay them are insignificant compared to the money you’ll save year after year.

Working with an Accountant Helps in More Ways Than One

For both basic and more complex accounting tasks, the right accountant makes a big difference. If you think that you can’t afford a professional accountant, think again. Their services are very reasonably priced and since you’ll save more money than that in the first year alone, it is always worth it to work with them on a regular basis. If you have a business that you’d like to sell, they can help you determine a good selling price for it. And if you can’t afford or don’t need a full-time payroll or bookkeeping person, they can do that for you as well. There is actually no job that they cannot do for you because when you succeed, they succeed, and your individual or business success is always their number-one concern. Furthermore, these professionals usually provide an initial consultation that is free of charge so you can get all of your questions answered quickly in order to help you make the right decision. These accountants work with individuals and businesses regardless of what condition their finances are in and they can improve your finances much more quickly than you might think.

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Almahfaza Review

Pros Cons
Zero commission and fees MT4 is only available for Gold and Platinum accounts
Simple, responsive and intuitive ParagonEx trading interface on web and mobile platforms Few indices available to trade
WisdomHub™ Live Feed The USD is the only available currency for traders’ accounts
Over 300 financial assets available to trade
Islamic trading account
Remote assistance available with TeamViewer QuickSupport

General Information

Progressive Tech Limited (Registration Number 90770) is the legal holder of the trade name, Almahfaza Global and it is incorporated in the Marshall Islands.

Almahfaza is a relatively new online trading broker specialising in CFDs and Forex trading with a leverage of up to 400.

It also offers CFDs on the most popular asset classes such as commodities, stocks, ETFs and indices. In total, traders can invest in over 300 different instruments.

In addition to trading these assets on the popular MetaTrader4 (MT4) platform (developed by MetaQuotes Software Corporation), traders also have access to intuitive, robust and user-friendly web-based and mobile ParagonEx trading platforms, making the investment experience with Almahfaza constantly available.

As Almahfaza is a regulated broker, traders will need to verify their identity to respect KYC (Know Your Customer) and due diligence procedures. Almahfaza also complies with AML laws and regulations to prevent money laundering and terrorist financing.

In our Almahfaza review, we’ll focus on the following points: security of funds, the accounts available, the WisdomHub™ Live Feed and finally, bonuses and promotions.

 Security of funds

When a firm receives money from a client, it has the upmost duty to respect and protect it. In this case, Almahfaza is no exception.

Simply put, Almahfaza does everything it can to protect its clients’ money.

This broker works with top-tier banks, ensuring the safety of client funds at all times. In addition, this firm will always keep its clients’ money in segregated accounts. This way, Almahfaza will not be able to use it for any business expenses. 

Accounts available

Almahfaza offers different trading accounts depending on the traders’ needs, the amount of trading capital they have and their faith.

When it comes to trading, Islamic accounts should always be Sharia compliant. These accounts allow Muslim traders to enhance their capital in respect to their faith. Interest and swaps on overnight positions (riba) must therefore not be charged.

Muslim traders can use the Almahfaza trading platforms in accordance with Sharia Law and the Quran as the broker offers a Swap-Free accounts.

WisdomHubLive Feed

Almahfaza believes that traders shouldn’t “go blindly into the market” – instead they should use “the wisdom of the masses” to make better trading decisions.

Every trader knows that knowledge is power – having the right information at the right time can make all the difference between a loss and a profit.

For this reason, the broker has developed a proprietary technology called the WisdomHub™ live feed. This groundbreaking technology is based on the idea that traders should trade with the trend, rather than against it.

While trading with Almahfaza, traders have access to a live feed anywhere, at any time. This live feed gathers the most important market information and trends to help traders create better trading strategies based on usable real trends directly observed in the market’s activity.

The most significant market activity alerts found in the trading platforms within the WisdomHub™ live feed include:

  • Trending
  • Volume growth
  • Volatility spotted
  • Turnaround
  • Going up
  • Going down
  • Increase in openings
  • Economic events
  • Market news 

Bonuses and Promotions 

When choosing to trade with Almahfaza, traders receive different rewards through bonuses and promotions. 

Phone verification 

This bonus is one of the easiest and fastest to get – traders just need to verify their phone numbers to receive a $50 bonus into their trading accounts.

It’s very simple!

When traders register and log in to Almahfaza, they are asked to enter their mobile phone number, wait for a text message with a 4-digit code and enter this code into the dedicated box in the platform. 


Almahfaza rewards its most active traders with a Cashback system. This program rewards traders with cash bonuses depending on their trading activity.

To participate in the program, they must complete a target during a specific time period. As soon as that target is completed, traders are able to claim their cashback and move on to the next target.

Refer a friend

The Refer-a-Friend program is another way to make money with Almahfaza. If a trader is using Almahfaza and thinks that he/she knows someone who might be interested in its services, he/she can refer it to them.

Every time a trader brings someone new to Almahfaza, he/she therefore receives a cash reward directly in to his/her trading account.

If the initial deposit of the referred friend is between $500 and $1,000, the trader will get $100. If the initial deposit is between $1,000 and $10,000, the trader will get 10% of the amount.


Our Almahfaza review has taught us that this broker focuses on offering the best services, platforms and trading conditions to its traders. What’s more is, it charges no commissions or fees – it only makes money on fixed spreads.

As an STP (Straight-Through-Processing) broker, Almahfaza only passes its clients orders to liquidity providers through ECNs (Electronic Communications Networks). This way, the broker’s interests are aligned with its traders’ as it does not hedge its clients positions (hence no conflict of interest) and is able to provide the best priced execution possible (better and cheaper trading execution for its clients).

Almahfaza, only available in English and Arabic, also makes sure that users from the Arab world can benefit from trading conditions that adhere to the laws of Islam. Moreover, the world’s most popular trading platform, MetaTrader 4 is available to them.

MT4 targets all kinds of traders, including beginners and professionals. It essentially meets the needs of those who want to trade the most popular financial instruments through a robust, world-class and reliable platform.

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Follow These 3 Steps For Importing A Car In Canada!

In almost every country, imports are subject to a number of rules, regulations and norms, and if when you are importing something as expensive as a car, the process is even more complicated. The rigmarole of getting a car into Canada involves a bunch of steps. Experts will always recommend that you consider finding a broker, such as Clearit car importing, for the process. While you can always follow the website of Transport Canada for more details, we have simplified the steps for your help.

  1. Make sure that the vehicle can be transported

Canada Border Services Agency sets the guidelines for importing cars into Canada, and it is a wise idea to consider if you can get the car imported in the first place. In case you get to know that the vehicle is not admissible into the country, the procedure can be expensive. Contact Registrar of Imported Vehicles (RIV) for more details, as needed.

  1. Complete the documentation required for import

The country of origin always matters in case of imports, and we highly recommend that you follow the documentation required to get the vehicle. Generally speaking, you will need a few basic details, such as Certificate of Origin, Original Title, Bill of Sale, Recall clearance letter (for the US only), Export Certificate. Keep in mind that paperwork is the most important aspect of getting a car imported, and as suggested earlier, we recommend that you check with an import broker as required.

  1. File AES, and submit required documents to CBP

A 72-hour notice must be given before export, called AES, and AES must be handled by a US domiciled company. Now, submit all the documents to CBP 72 hours before the export. Working a customs broker can help in simplifying the steps, because you can be assured that the paperwork has been done as required. Also, take a look at Canadian Food Inspection Agency (CFIA) Requirements and make sure that your import fulfils the same.

While the above steps may seem like cakewalk, it is not. There is considerable work to be done, and you must follow the guidelines to the T. Most businesses and importers don’t have the time to evaluate and understand the vehicle transportation needs, which is why they take help from known agents, who can handle the process, as long as they have the necessary papers and documents. Check online now to find more importing vehicles in Canada.

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Here’s how Customs brokers can help small businesses

If you want to import goods and shipments to US for commercial gains, you have to ensure that all the norms, regulatory compliance needs, rules are adhered to. It is also absolutely necessary to pay the applicable fees, duties and taxes as applicable. To get your shipment cleared, you have to deal with Customs and Border Protection (CBP), and the norms and rules do change from time to time. Small businesses often have no clue how things work with CBP, which is exactly why a Customs broker like Clearit USA can be handy.

For the uninitiated, Customs brokers are licensed by Customs and Border Protection (CBP), and they help clients in clearing their shipments against a small charge. In this post, we are discussing more on how Customs brokers can help small businesses in particular.

Knowing the role

At the basic level, the role of a Customs broker is to streamline the process involved in clearing shipments. They will ask for the commercial invoice, with additional documents as required, and will ensure that the documents are prepared as required. They are also responsible for determining tariff classification and if you can actually get the imports in the US. They will also check for the applicable duties and taxes and ensure that everything is paid as required. Some goods might be subject to certain exemptions, and a Customs broker will check for those aspects too.

Besides that, most Customs brokers are experienced in handling vendor contracts, and they work as consultants for clients, so that they know the ins and outs of importing. As required, they may have a role in helping small businesses in getting their shipment to the required location, and they might offer assistance for understanding trade agreements. Lastly, they are immensely useful in staying compliant to regulations.

Final word

Think of Customs brokers as your extended arm for easy importing. They work for your business, and while there is no law that states that you have to hire a broker for importing, this is a wise step, especially when you don’t have the time to keep up with the procedures, changing regulations, and compliance needs. Most brokers have their websites these days, so you can find considerable amount of information online on how the process works, and since the process can be initiated online, you don’t need to visit the Customs broker time and again. Find a reliable service now!

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Cash Value of a Life Insurance Policy: What and Why?

A life settlement is a process of selling an existing life insurance policy to third-party institutions for an amount which is much more than the cash surrender value of the policy. This amount is known as the cash value of a life insurance policy.

This amount is usually less than the death benefit of the policy. Usually, the people who choose life settlements are 65 years or older and own insurance policy with a face value of a minimum of $100,000.

It all began in 1911 when the United States Supreme Court gave a revolutionary decision in the case of Grigsby vs. Russell. The court recognized the right of the policy owner to assign his/her life insurance policy to someone else. The Justice working on this case- Justice Oliver Wendell Holmes, announced that a life insurance policy is similar to any other property. Therefore, it can be transferred without any limitation by its owner.

Life settlements became common in the 1980s as the AIDS and Cancer epidemics drove many young, terminally ill policyholders to sell their insurance policies prior to their death. Hence, life settlements started gaining popularity among consumers.

Prior to the existence of this decision, a policy owner who wished to give up his/her life insurance policy had only two options:

  • He/she had to surrender the policy and receive the cash value. Surrendering the policy terminates the policy and all the benefits associated with it.
  • He/she had to allow the insurance policy to lapse. This would forfeit the policy and make it worthless.

There are basically two types of life insurance: Term life and Permanent life.

Term insurance provides coverage for a specific period of time such as 10, 15, or 20 years and can be renewed after the terms lapse. Permanent life insurance provides lifelong financial protection. Usually, term insurance premiums increase with every renewal whereas permanent life premiums remain the same.

The cash surrender value is the amount of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated prior to its maturity or an insured event occurs.

Only permanent life insurance– such as whole life, universal life, and variable life- has a cash value account that grows over time called tax-deferred growth. A term insurance policy can be converted to a permanent policy, but permanent policies cannot be converted. Term life insurance is simple to understand and is less expensive when compared to a permanent life insurance policy. Hence, it’s widely popular among consumers.

The cash value of a life insurance policy is the cash amount offered to the policy owner by the policy provider upon the cancellation of the contract. This cash value can be borrowed as a loan by the policy owner. Universal life insurance, whole life insurance, and variable universal life insurance policies have a cash value, unlike term life insurance. The cash value is what makes an insurance policy a valuable investment. One can save money, receive quality returns and also protect our loved ones.

A policy owner needs to understand the cash value of a policy in order to make an effective decision.

This cash value of a policy can be used in the following ways-

  • Borrowing against cash value: In an emergency, a policyholder may wish to borrow a portion of the policy’s cash value. This loan, taken out of the cash value of the policy, has consequences; interest on the loan and repayment without a stipulated amount of time.
  • Surrendering the policy: The policy owner may choose to surrender his/her policy at will, and he/she has a less expensive alternative or may no longer need the policy. Surrendering the policy removes the death benefit; hence, this step must be chosen with caution.
  • Withdrawing from the policy’s cash value: This is an alternative option for borrowing money from the cash value of the insurance policy. Depending on the policy and its terms and conditions, policy withdrawals may have several effects on it.
  • A life settlement is one of the most widely popular options which involves a third party institution buying the policy for a one-time cash settlement.

Each of these options has its own pros and cons, and a policyholder may choose any one out of these depending on his/her own requirements. I hope that this article gave a better insight into understanding the meaning of the term “cash value of a life insurance policy.” Thank you for reading!

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Risk Management Principles for CFD Trading

Dealing with uncertainty is one of the most important endeavors any trader needs to overcome. Since we are dealing with risk in trading there’s no actual strategy that can guarantee success 100% of the time.

That’s where risk management kicks in and because people think just about the “2% rule” when it comes to managing risk, today we’ll give you two useful principles which over time have the potential to improve your edge.

#1 Look at risk from 3 dimensions

If you already have a CFD trading account, you’ve probably managed to notice that simply risking 2% of your account per trade does not neutralize the risk of you losing a big portion of your account over time.

Dices Over Newspaper, Profit, Loss Risk, Wall Street


Alt text: CFD risk management

The reason why that happens is you are focusing on just how much you risk per trade. An effective risk management system must factor in three different variables, all of them with great importance:

  • Percentage of account at risk per trade;
  • Accuracy over a given period of time;
  • Reward to risk ratio;

#2 Understand the risk of ruin

The second risk management principle is directly linked with the previous one and focuses on the risk of ruin formula. For those of you that don’t know, the risk of ruin is a risk management strategy usually used for gambling. However, by constantly monitoring the three above-mentioned variables, you are able to calculate the probability of you losing your entire account.

Although the risk of ruin formula might seem complex for some of you, there are calculators online which will help you determine the results. The bottom line is that you need to be fully aware of this number. Do you already know that even though you would risk 2% per trade, have a 50% accuracy (which is something usual among traders in their first few years of trading), and a reward to risk of 1:1, the probability of losing your entire account is 100%?

In this situation, you could do two things:

  • Improve your strategy, so your accuracy will increase over time;
  • Or much easier than that, increase your take profits relative to your stop losses, so the risk to reward ratio will increase. A 2:1 reward to risk in the above-mentioned scenario will reduce the probability of you losing your entire account to 0.

Hopefully, you’ve managed to understand the basic concepts and from now on, you will start to constantly monitor your trading performance and adjust your risk management system so the mathematics will be in your favor.

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