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December 2020

Finance

6 Tips for Building a Successful Career in Finance

According to the U.S. Bureau of Statistics, employment in the finance industry will grow by as much as 5% from 2019 to 2029. This is faster than the growth of other occupations. If you wish to be a part of the financial sector, keep on reading, and we’ll talk about some of the best things that can help you build a successful career.

  • Take an Online Course

Whether it is financial management or a fintech course, take advantage of the online opportunities available to improve your knowledge and skills. Even without attending classes in a traditional school, you can be more proficient in finance. Through online courses, you can access learning materials anytime and anyway. You will still be able to work full-time even if you are studying!

  • Be an Avid Reader

By being an avid reader, you are improving your financial acumen. For instance, by reading financial news, you will be aware of the trends and problems in the industry. To add, the must-read books for financial professionals can be your source of learning and inspiration for building a career in finance. It also helps to access and read publicly available financial information about different companies and learn a thing or two from such.

  • Learn the Lingo

To improve your finance skills and build a fruitful career, take the time to learn the language. Especially if you have no formal education background in finance, the jargon can be confusing. Elevate your financial knowledge by being familiar with these words. By knowing what the financial terms mean, you will have a better understanding of their concepts and applications.

  • Find a Mentor

Find someone who can teach you more about finance. It can be your boss at work or a close friend who is an expert in the field. A mentor is a person who can influence your career and lead you to a brighter future. He or she can be your inspiration. Your mentor can also be your life coach. Do not hesitate to approach someone you look up to and ask for mentorship.

  • Embrace Technology

Learning how to make the most out of technology will also help. Modern problems require modern solutions. Demonstrate innovativeness by embracing new concepts and introducing new systems that can improve financial management. From cryptocurrency to artificial intelligence, you should know how to exploit technology.

  • Chase Opportunities

Experience is crucial in building a successful career in finance. Take advantage of the opportunities available to learn new things. Look for an internship or junior position. Even if it does not pay well, consider this as an opportunity to hone your knowledge and skills. Be bold enough to exploit opportunities that will open up.

From taking an online course to embracing technology, this article talked about some of the best ways to become a successful finance professional. Doing these things will let you invest in yourself and become more competent in your chosen field.

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Investment

What is the Best Cryptocurrency Wallet?

A cryptocurrency wallet is a program which allows cryptocurrency users to safely store and transfer their virtual asset. Just like with traditional money, you do not need a traditional wallet to store your money, but instead it helps to keep it all together in one place.

The problem with traditional wallets is that they are usually associated with financial institutions. With such associations comes a number of risks. With such an arrangement, private keys may be compromised, leaving your private information at risk. It can also make it difficult to access your Cryptocurrency if you need to make future purchases or transfers. This can put your entire financial future at risk and therefore should not be taken lightly.

Fortunately, many people now prefer to use Cosmos Web Wallet. These software programs are created by individual developers and therefore are safe from these threats and other hazards. By using such software, your private keys are protected and there is little to no risk of compromise or loss.

In fact, this also makes it very easy to access your fund if ever the need arises. Many times, such software programs are sold as separate pieces. So, if you were to purchase each piece on its own, you would get several pieces that will function differently.

The application allows you to generate new addresses, create wallets for users and even print new addresses with the use of the wallet app. It has a very user-friendly interface. There is also a backup feature in the software that you can utilize if ever the software program gets deleted.

If you would like to invest in a piece of software that provides a way for you to keep your private keys secure without the need for a computer, then the best marketplace to do that is the Blockchain Cryptocurrency Wallet. This software provides you with the greatest opportunity to secure your private keys and keep your finances safe and secure.

Many different Cryptocurrency wallets allow you to control your own funds by providing different methods of creating your private and public keys. Private keys are normally kept secret and only known to you and your chosen group of individuals that are able to access them. Public keys on the other hand are normally published for everyone to see and may be shared among many groups.

The benefits of using your own Cryptocurrency wallet for the purposes of storing and managing your own private keys and public keys are that you will have complete control over these vital pieces of information and will therefore be in full control of how you interact with your Cryptocurrency.

The Blockchain Cryptocurrency Wallet works with the most effective and efficient decentralized infrastructure that is ever developed in the history of the internet. If you are looking for a way to secure your private keys and keep your finances safe, then it is time that you looked into this software.

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Finance

An Introduction to Various Types of Cryptocurrency Wallets

A Cryptocurrency wallet is a kind of virtual secure financial locker that holds both the private and public keys of your chosen cryptocurrency and how much of that currency you own. The actual currency is not held within the wallet itself, but the private keys to indicate ownership are. You can then make deposits and withdrawn from your chosen wallet with the corresponding private keys. The wallet usually connects to a web-based exchange or online brokerage firm via a connection to the Internet.

With a Waves lite wallet stored in a web browser, all of the relevant information for your chosen currency is stored in its wallet. In other words, your entire life-time history of ownership of this currency is shown on the world wide web in real time. You can view your ownership history and balance at any time by visiting any of the websites maintained by each selected Cryptocurrency in existence. Any change in ownership of the currency occurs in accordance with the protocol established by each Cryptocurrency. This is achieved through an unalterable block of code known as the “blockchain”, which records every transaction made in the system.

How does a Cryptocurrency Wallet ensure the privacy of its users? The encryption used within a Cryptocurrency wallet is not something that can be deciphered by anyone that visits the website. Therefore, it is impossible to determine exactly what transactions are being made. This is achieved through the use of what is known as a “public address”. The public address is programmed into the protocol and is displayed publicly, allowing only those who require such information to view them to do so.

There are several different types of Cryptocurrency wallets, which are mainly separated according to how they store the balances of the currencies being held. One such example is the Electrum wallet, which stores its balance in a different type of wallet that is secured by the use of an online login mechanism. Another common type of Cryptocurrency wallet is thestem. Thesestems are maintained through what is called a “seed network”, by which a certain number of addresses are chosen, before these seeds are distributed to the different types of networks that Electrum can connect to. Different types of Cryptocurrency wallets exist, and each has their own advantages and disadvantages. Below is a list of some of the most popular and commonly used Cryptocurrency wallets.

There are several different types of Cryptocurrency wallets that allow you to hold numerous different currencies. An example of this is the Dual Currency Wallet, which allows you to trade between five or six different currencies. This is the most popular Cryptocurrency type, due to its ease of use. In addition to this, there is also the Hybrid Cryptocurrency wallet, which uses both the strength and weakness of other Cryptocurrencies in order to keep its costs down.

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Finance

What to Consider Choosing Your Stellar Lumens Wallet?

One important feature you should consider choosing your Stellar Lumens wallet is its ability to store cryptocoins. As you probably know, each currency pair has their own private keys and therefore can only be spent by owners of those currencies. If you are interested in investing in cryptocoins, it would be very useful for you to have your own private key to spend your saved coins. However, with most of the other available forms of wallets, you can’t really have your own private key.

Another important feature you should consider choosing your wallet for xlm is the support for Stellar Lumens (xlm) as its currency. Although many companies may use the Stellar brand, they usually have their own private key infrastructure that stores and forwards transactions for their own users. For users who don’t want to use their private key infrastructure, it would be good to choose a company that has an existing public address that is compatible with Lumens. There are currently two main Stellar currencies, namely NMC and XLM. They are both still developing, so it would be better to choose the one that is most compatible with your system.

Another feature you should consider choosing your Stellar Lumens wallet is the ability to generate new addresses from your existing account. Stellar Lumens does not yet support generating new addresses from your paper wallets. Paper Wallets is very old school, but many people still like using them for security reasons, even though they don’t offer the same security as a real key chain.

The Stellar Lumens wallet coins also do not yet support Shape ID. The Stellar Wallet is an extremely convenient way to store your private keys and even spend them when necessary. It would be best if there was a Cryptocurrency that had a built in Shape Identification. Currently there is only Lumen, but Shape ID is something that will probably be included in the future. This feature could make ShapeID much more useful to consumers.

Finally, there is one more feature that you should consider when choosing your Stellar Lumens wallet: privacy features. Most of the other Cryptocurrencies allow you to view transaction histories and even receive mails with your private keys, but not all. With Stellar Lumens, you are also given the ability to send and receive messages, but those messages will be encrypted before they are transmitted to the receiver.

This is a system that can be used anywhere in the world and at any time of day. You do not need to be online to use your Stellar Lumens wallet, which makes it very convenient and practical for all consumers. In addition, you can send any amount of money to any location in the world! Stellar and Lumens are both used as an efficient form of currency due to the fact that they are widely accepted around the world and they both have very low transaction fees. Finally, the best wallets for Stellar Lumens include the ability to earn some good rewards from spending money you receive in your account. This offers you an excellent opportunity to build some extra money in your account, which is very useful if you want to start investing or save some money for a rainy day.

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Finance

GXCM Review – Innovative Way to Invest and Trade

About the company

GXCM is an advanced CFD and cryptocurrency online investing platform aiming to provide a personalized trading experience for CFD traders from all around the world, living outside the EU. A proprietary platform, 3,000+ trading instruments, plenty of trading tools and features are currently offered by the brand, as the demand for online trading services continues to increase.

With a client-oriented team of financial experts, transparency, and trust, GXCM wants to create a proper environment where its customers can get access to useful data and then make informed trading decisions on a live account.

Alt-text: GXCM logo

CFD Trading

There is a variety of CFD instruments accessible via the GXCM platform. The markets covered are:

–          Forex

–          Stocks

–          Indices

–          Futures

–          Commodities

–          Cryptocurrencies.

Alt-text: trading features available with GXCM

Up to 1:100 leverage, flexible spreads, and 0 trading commissions are what makes the GXCM asset offer attractive for traders that want to benefit from competitive trading conditions. Combined with easy registration, account funding, and verification process, starting to trade with this platform is best-suited not just for experienced traders, but also for those that want to join the online trading community for the first time.

Aside from the comprehensive FAQ section, GXCM keeps close communication with customers via email or phone. On the brand’s website, there are currently 4 different numbers available, depending on the topic you would like to get support for.

Platform

GXCM relies on a proprietary platform that wants to be best-suited for any type of CFD trader. Using it is not a problem, consider the user-friendly interface. Keep in mind this is a browser-based platform and because of that, there is no need for any installation.

Flexibility is very important when markets are volatile and the GXCM platform can be used at any point from any device by simply logging in via the official website. According to the brand, traders need to have access to trading tools that can enhance the trading experience. On desktop, laptop, or mobile, the platform manages to deliver.

Trading Tools

Thanks to the GXCM Trading Tools, customers can benefit from an economic calendar, market reports, and some of the latest market news. To keep them updated with the latest information, GXCM had integrated a news section on the right side of the platform.

Alt-text: expert analysis provided by GXCM

Aware that some of the customers need assistance with market analysis, GXCM is providing useful content created by financial experts with years of background in the online trading industry. We should not forget the risk management tool built into the platform, that will enable traders to keep risk under control and trade professionally by always placing stop loss and take profit.

Pros and Cons

  • More than 3,000 CFDs available for trading
  • Access to the latest market news, integrated into the platform
  • Professional customer support services.
  • Low investment entry cost
  • User friendly Mobile Trading
  • Quick and helpful customer support
  • Large index of assets

  • CFD traders from the EU can’t trade with GXCM
  • Services available only in English
  • Live chat not yet available.

Summary

GXCM is aware that there is a wide audience of aspiring traders that would like to have access to reliable trading services. With that in mind, the brand developed an efficient trading offer designed for all types of traders, wanting to trade CFDs based on FX, shares, indices, futures, commodities, or cryptocurrencies.

Elevated volatility across all these asset classes is putting GXCM in a favorable position, given the attractive trading benefits currently provided. The brand puts the customer first and wants to show that via the abundance of trading tools and features designed to optimize the trading experience.

 

 

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Forex

Finetero Review –Forex Trading with an International Brand

Overview

Finetero is an online trading platform which specializes in providing access to trading instruments based on forex, indices, commodities, stocks, and cryptocurrencies. It was established in 2018 and since then it has managed to achieve consistency in providing high-quality trading services for customers based in more than 150 countries.

As an international trading brand, Finetero offers a robust trading system for both beginner and advanced traders. It relies on infrastructure optimized for high-speed and accurate trading execution, while also offering great customization features.

No concessions are made in terms of security, given the powerful infrastructure is powered by Amazon AWS. Continuous R&D investments led to the development of efficient trading software and is a testimony of serving the clients’ interest all the time.

Alt-text: Finetero logo

Main Features

Trading with Finetero means access to a multitude of trading features and traders with different styles and objectives can find the right mix of tools and benefits suited for their trading regime.

  • Finetero Assets – customers can trade a broad range of products, having the ability to diversify with FX, stocks, indices, commodities, or cryptocurrencies, all in one place and with competitive trading costs.
  • Trading Platforms – Finetero relies on proprietary software and in doing so, it manages to offer a unique trading experience. On desktop, laptop, or mobile devices, via a web-based software platform, traders can get involved in the markets and benefit from flexibility, trading efficiency, and accuracy.
  • Trading Tools – customers have access to Trading Central Daily Newsletters and Premium Signals, as well as to other useful trading tools such as forex price charts, index price charts, cryptocurrency price charts, and others.
  • Account Types – Bronze, Silver, Gold, Platinum, and Premium are the account type options currently available at Finetero. Starting to trade will require a minimum deposit of €200, but the brand recommends a Bronze account starting at €1,000 for better risk management.
  • Education – private trading sessions, access to the event room, VIP services, market news, TipRanks, and an economic calendar are useful resources worth mentioning. All are part of Finetero’s mission to promote education and responsible trading.
  • Customer Support – the Finetero team is committed to providing 24/7 customer service. For all questions, security issues, product-related inquiries, and business proposals, people can reach an agent at [email protected].
  • Security – there are multiple security features used by the brand to ensure maximum protection for client data and funds: 2FA, mandatory Bitcoin address whitelisting, hardware security modules, encrypted SSL, Cloudflare, Amazon Web Services hosting and more.

Alt-text: Finetero trading features

Asset Coverage

One of the main benefits is forex trading with Finetero, given there is coverage for tens of different currency pairs, including majors, minors, and exotics. The brand offers competitive spreads, fast execution, and multiple execution modes, so traders are able to tackle the market’s volatility.

Forex trading is once again trending among retail traders and because of that, Finetero is paying close attention to the trading conditions available. Its customers can trade volumes as low as 0.01 and with up to 1:200 leverage.

Increased activity across all financial markets means traders need access to a diversified set of assets. At Finetero, they can benefit from a broad range of stocks, commodities, indices, and cryptocurrency instruments picked with care, so the coverage is focused on popular assets. It is important to note that trading conditions are also influenced by the account type chosen by each customer.

Trading Platforms

Traders get to choose from three different platforms currently available at Finetero. First, there is the popular MetaTrader 4, which is the desktop installable platform. Second is the Finetero WebTrader, which can be accessed from any device via a browser.

Third, the Finetero mobile platform is optimized to work on smartphones and tablets, regardless whether the operating system is Android or iOS. With these three platforms, the brand makes sure that its customers can keep track of the markets all the time, regardless of their location.

Alt-text: Finetero mobile trader

Pros

  • Access to online educational resources
  • Variable spreads starting at 0.1 pips
  • STP/ no dealing desk and reliable security measures.

Cons

  • Dormant fee of 100$ applicable for inactive accounts for more than 45 days
  • Auto trading software fee
  • Limited trading benefits for Bronze accounts.

The bottom line

Given the multiple awards it has already received, combined with the fact that customers from more than 150 different countries are working with it, Finetero represents a trusted online trading platform. There are many benefits traders can take advantage of, but it is important to keep note that these are dependent on the account type chosen. However, there is no reason to believe the brand is not working on behalf of customers. The evidence suggests Finetero is a reputable platform with plenty of advantages.

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Investment

What is Tezbox All About?

If you are into cryptocurrency activities like buying and selling of different types of cryptocurrencies and making use of the same, then you will find this article interesting and informative. There are many such wallets and Tezbox is also one such wallet that has caught the attention of thousands of people across the world. Hence it would be a good idea to know more about it in general and also about such cryptocurrency payment wallets in particular. However, the concept of cryptocurrency is quite new and there are not many people who know about it. Hence, when it comes to understanding more about the benefits of Tezbox ico wallet, there is a need to have some basic information about the various advantages about making payments through such cryptocurrencies.

What is Cryptocurrency?

From the layman’s point, it would be enough if we understood that cryptocurrencies are digital assets. They have been designed to perform the task of a medium of exchange. These forms of payments and receipts do not make use of the conventional payment methods like the dollar bills or other forms of legal tender money. The ownership of cryptocurrencies happen through ledger records that are stored online. Whenever a buying happens, the ledger account of the person’s ledger account gets debited and the beneficiaries account gets credited. When we talk about a cryptocurrency wallet like Tezos fundraiser the users can deposit their cryptocurrencies in these wallets. They can make use of the same as and when required.

Advantages of Digitalized Cryptocurrency Payments

There is a growing demand for online digital cryptocurrency payments because it has some obvious advantages. We are sharing a few of them for the benefit of our readers.

  • They make transactions efficient. There is no doubt that there are a number of businesses that have started offering bitcoin as another payment method. It would be pertinent to mention that restaurants, fast food outlets and even coffee shops have started to accept payments through cryptocurrencies that are make using wallets such as Tezbox web wallet.
  • They are easily accessible. Mobile wallets are considered to be extremely flexible, versatile and convenient. It could come in handy for all those people who travel a lot and receiving and remitting funds will be that much easier and simpler.
  • It also funding of cryptocurrency debit cards. If you have a cryptocurrency debit card and would like to fund it, you can transfer funds from these digital wallets to your debit card account and make use of it.
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Trading

Risk Management Strategies for Traders

Risk management is an essential part of trading that can help you protect against losses. That makes a proper risk management strategy a very crucial part of any trading plan. Here are some strategies that you can use to better manage your trades.

Plan of Action

You should never forego the planning stage. As the old cliché goes, if you fail to plan, you plan to fail.

To do this, you have to make sure that you have the right broker for your trading style. Different brokers have different offerings. And not all of them offer what you need for a successful trade.

The next step is to know the prices at which you are willing to pay and the prices at which you are willing lock in profits.

Many unsuccessful traders trade without any idea when they will enter or exit the trade. As a result, they play things by ear and end up confusing trading with gambling.

The 1% Rule

Many day traders follow the one-percent rule, which suggests that you should never put more than 1% of your capital into a single trade.

This technique is popular among traders that have accounts of less than $100,000. Many traders with higher balances in their account may opt for lower percentages.

Using Stop Loss and Take Profit Orders

The stop loss level is the price at which you are going to sell an asset and take a loss on the trade. Obviously, you need this when the trade doesn’t go as you planned.

The order is created to prevent the attitude where you wait for the trade to turn around and come back. You are effectively limiting your losses before they mount up.

On the flipside, the take profit level is the price at which     you will sell a stock and take profit on the trade. You can use this when the upside potential is limited because of the risks.

Diversification and Hedging

You also have to make sure that you’re not putting all your eggs in one basket. Because if you invest all your money into one stock or instrument, you may expect to lose all your investments at once.

Always diversify your investments across sectors, industries, market caps, and regions. This helps you manage your risks as well as provide you some vision on better and more profitable opportunities.

You also need to learn about hedging your position.  Check the stock position when the results are up. If you think there’s a substantial amount of risk, take the opposite position through the use of options.

This can help you protect your position. When the trading activity slows down, you can then remove the hedge.

Put Options

If you can do options trading, you may also consider downside put options, which is also known as protective put. You can use this technique to minimize the losses whenever the trade turns sour.

A put options offers you the right but not the obligation to sell the underlying asset at a particular price on or before the option’s expiration.

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Finance

Micro Account

The word micro refers to the small and the account that permits you to trade in the trading business only with a small deposit is called a Micro account. If you are a beginner in trading business you might not want to invest a huge amount of money at first and we also don’t recommend you to do that. You must have some knowledge and experience in the trading business before doing the large tradings and micro accounts can help you to build that knowledge, faith and confidence to do larger trading in future. In forex trading if you want to start slow and with baby steps then Fx open has the perfect micro account scheme for you. From our account you can make a small investment so that you don’t have to put your thousands of dollars at stake.

The reasons may vary but here are a number of the foremost important reasons for a trader to think about trading the forex micro account from Fx open. You will have the ability to check the trading conditions including the various forex and commodities available for trading. We will clearly mention how much spread or commissions are being charged by the broker, we will inform you how well are the orders being executed. Besides by trading with our micro account you will know if there is any slippage that happens with the oue broker. You will also get the General reliability and terms of service offered by our forex broker.

Once you have gained enough familiarity with the forex broker, trading the micro trading environment, you can then advance to depositing your trading capital being fully conscious of the way the forex broker conducts their business.

At Fx open our main priority will remain your profitability, your success and your happiness as our clients and it always is going to be. Being an industry leader is quite just leveraging the newest technologies. Your funds right once you need them in a simple and secure way. we provide one among the best services of not only micro account services but also of forex demo account, pamm account and metatrader 4.

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