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2020

Insurance

How Can Modification Affect Your Car Insurance Policy in India?

At some point, every car owner wishes to modify his/her car. Having paid full price for one, it is only natural to want to experiment with its looks and make to enhance its aesthetics and performance levels. However, any type of car modification, minor or major can affect your car insurance policy. Car insurance prices depend on a range of factors. Car Modification is one of them. Insurance companies use car modifications to calculate car insurance. Thus, knowing the types of car-modifications that affect your car insurance is crucial. 

What is a car modification?

Before getting into the modifications that affect car insurance prices, it is essential to know what qualifies as a car modification. A car modification is any modification to the interior or exterior of the car that alters its originally manufactured make. Since cars are manufactured after careful planning, designing and testing, car insurance companies factor in the original make of the car when you buy an insurance policy for the car. By modifying the car, you change its internal or external features, which in turn increase its chances of being stolen or decrease its capacity to protect you from accidents. This change increases the liability of the insurance company in the event of a claim, and that is what affects car insurance prices. 

Which modifications affect car insurance prices?

The types of modifications that change the quote for car insurance policies and their premium are:

1. Engine Modification

The original factory-made engine of your car is used to calculate car insurance. Modifying your engine puts a significant increase in car insurance prices. Generally, engines are modified to enhance a car’s performance levels. By replacing or modifying the original engine, you risk increasing its power. Increase in power increases its speed which in turn, can increase the risk of road accidents and mishaps. As a consequence, the liability of the insurance company as they take the probability of accidents and car damage into account. This change leads them to charge a higher premium.

2. Wheel Modification

Wheel modification also leads to a hike in car insurance prices. Car owners might change the wheels of their car to enhance its visual appeal or performance levels. However, going overboard with wheel modifications is illegal. According to section 52 of the Motor Vehicles Act, 1988, any alteration which deviates from the original design of the manufacturer is not legal. For example, the installation of bigger alloy wheels or wider wheels can tweak performance levels. And in turn, risk road safety and increase the risk of accident and theft. This change increases the premium of insurance policy for the car.

3. Interior System Modification

Any change to the interiors of a car changes the original internal system of the car. Such changes can range from changing the seats and suspension/ brake system of your car to installing new pedals or a sound system. Changes to the car’s interior alter the quality, safety quotient and intended performance of its original features. It also increases the cost of managing their subsequent wear and tear. It is wise to carry out interior changes to your car through a skilled mechanic and after intimating your insurance company. Such changes will alter the car insurance premium and as a result, will affect quote for car insurance. A simple installation of an air conditioning system, or replacement of seats, and any other minor modification that does not affect its safety will not affect car insurance prices. This also depends on the car insurance company.

4. Paint Modification

A simple paint job or retouch will not affect when you buy an insurance policy for the car. But the addition of eye-catching race designs, decorative flashy patterns, dazzling emblems, or stripes and decals – basically any paintwork that puts your car into the spotlight can affect the quote for car insurance. This is because a change in the external appearance of your car can increase its risk of being stolen or getting damaged. This increases the liability of the insurance company and in turn, affects car insurance prices.

Which modifications do not affect car insurance prices?

Modifications that don’t extensively alter the appearance and performance of your car are not used to calculate car insurance. For instance, adding personal items like cushions, car-hangings, or idols will not increase the premium. Applying stickers to your car also does not affect car insurance. Installation of non-risky items like air conditioners, parking sensors, seat covers, etc. do not add to car insurance prices.

Conclusion 

Making any modification to your car will most likely affect the quote for car insurance. Thus, it is not only advisable but also mandatory to inform the insurance company if you are planning to make any modifications. Accordingly, the insurance company will assess the risk or impact of such modification and reassess the amount of premium payable. Do not make the modifications and then inform the insurance company as this can count as insurance fraud, make your claim void and invalidate your car insurance policy.

 

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Finance

Earn Money Within A Short Duration

There are a few things to consider if people are going to know how to profit in 48 hours. WordPress is an incredible online open-source website tool to link to the world and explain its unique field of expertise. People use WP to share their hobbies and create easy websites for their newest creations to easily display. After they have learned how to use this awesome tool correctly, they realize how easy it is to generate very lucrative incomes through WordPress as a blog. People need not run a WP website as a missile scientist.

Moving forward, this can be achieved by almost anybody, anywhere in the world. The best part is after the blog is set up and its revenue can be both incoming and passive. When individuals learn the correct strategies and techniques, it is not as difficult to blog for a profit as they might have been led to believe. With WordPress, it is possible to Set up a blogging empire in 48 hours, but it is not fast. When people are just an ordinary person without any extreme talent, blogging is by far the easiest way to make a living online. When it comes to blogging, having no special expertise is not a downside at all, and that’s a wonderful thing for us non-rocket scientists.

They can wonder how to make a blog if they want to promote their business, create a portfolio, or look for a perfect creative outlet. Luckily, it is not so difficult to start a blog.

Let’s understand the useful process in just a few steps, here is how to build a free blog.

For detailed modules visit https://www.james-scholes.com/how-to-make-money-with-a-wordpress-blog/:

  • Choose one topic: It is tempting to deal with a variety of topics simultaneously; however, one area is more likely to be simpler for people to start with. People don’t want to beat themselves right outside the entrance.
  • Account creation: Go to WordPress and click Get Started. Follow the instructions to create a new blog and account.
  • Claim the domain name: Choose a domain that tells readers what their blog is about, based on the subject people select. They can build either a free WordPress domain name or a custom domain, without WordPress mention, can be registered.
  • Customize the layout: Pick a WordPress style that fits their blog’s desired feel. The WordPress customizer allows individuals to select fonts, define a color scheme, create a custom menu, and upload a custom image header. Do not worry if individuals are not immediately settled on the visual aspects and often change them later.
  • Publicize: When people click Publish, make sure they encourage social media blog posts to share their hard work. With WordPress, in just a few hours, individuals can start a blog. If people learn how to build a blog and get into a publishing routine, once they pull in interested readers every day, they will be able to perfect their content.WordPress is called home by thousands of small businesses and online stores.

Above all facts can be very useful for the users to enjoy the earn money within a short duration.

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Forex

eXcentral Review – Trade FX CFDs with a Regulated Broker

eXcentral CFD trading

Overview

With core values such as transparency, professionalism, and compliance with the latest European CFD trading standards, eXcentral is currently one of the trusted trading brands currently out there, providing access to a broad list of trading offers for retail traders.

Operating for customers based in the EEA and Switzerland, eXcentral is a trading brand owned by Mount Nico Corp Ltd, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission.

Traders should not have any worries related to regulation, because eXcentral is also registered with multiple European regulators, such as BaFIN in Germany, AFM in The Netherlands, KNF in Poland, and many others.

eXcentral is compliant with ICF (Investor Compensation Fund) and ESMA (European Securities and Markets Authority), which means its services are in line with all the latest regulatory requirements in Europe.

At eXcentral, traders get to trade a select pack of 160+ CFD instruments based on Forex, shares, indices, commodities, and cryptocurrencies. There are plenty of other trading benefits available, most of them which will be described in the following paragraphs.

Main Features

  • Trading accounts – to ensure diversification for traders with different needs, eXcentral provides access to four different account types: Classic, Silver, Gold, and VIP. Each is available for both Retail and Professional clients, with differences in terms of maximum leverage, and stop out levels. The accounts differ in terms of spreads and some other premium features like Trading Central, VIP webinars, or dedicated senior account manager.
  • Trading software – at eXcentral traders have access to the ever-popular MetaTrader 4, a reputable software that has proven its efficiency during 15 years of existence. On top of that, they can use a proprietary WebTrader that can be accessed via any browser, with no installation required. For mobile trading, MT4 mobile apps for Android and iOS, plus the eXcentral trading app are available.
  • Trading products – there are more than 160 CFD assets based on forex, indices, commodities, shares, and cryptocurrencies. eXcentral is focused on providing access to some of the most traded assets in the world and its clients can take advantage of an optimized trading offer.
  • Customer support – traders can contact support or an account manager via live chat, phone, or email. eXcentral representatives had proven a professional approach currently the service benefits from good ratings.
  • Education – customers get access to plenty of educational resources, including interactive courses, trading eBooks, trading video tutorials, or live webinars. Beginners are the most favored due to the abundance of information available to them.
  • Trading analysis – with eXcentral Forex news, market summaries, daily market analysis, Trading Central, and other resources, traders can get more insights into the market performance and stay updated with the latest market news.

eXcentral market news

Asset Coverage

eXcentral wants to provide a diversified list of trading instruments, but at the same time, keep the coverage optimized so traders will have access to the most popular assets. As a result, there are currently around 160 CFDs available, based on Forex, stocks, indices, commodities, and cryptocurrencies.

FX trading is one of the main priorities, which is why there are tens of different currency pairs part of the offer. Increased market volatility in 2020 had pushed retail traders back to popular pairs like EURUSD, GBPUSD, or USDJPY. These are the most liquid instruments and with higher volatility persisting, traders have the opportunity to find new trading setups daily.

But FX is not the only active market, so eXcentral clients get to trade popular stocks CFDs from markets like the US or Germany, CFDs on all the popular stock market indices, commodities, as well as CFDs on the top 5 leading cryptocurrencies in the world (Bitcoin, Bitcoin Cash, Ether, Litecoin, XRP).

Trading Platforms

eXcentral continues to rely on MetaTrader 4, a platform that has gained a solid reputation in the online trading arena. With advanced charting, support for EAs, tens of different technical indicators, and other notable functions, trading with MT4 continues to be appropriate in the current market environment.

On top of it, eXcentral wants to provide a unique trading experience and to do that, a proprietary WebTrader was made available. Specially designed to improve the trading experience, this is a platform with a client-centric approach, integrating all the trading tools necessary to deal with the markets in 2020.

eXcentral MT4 mobile

The Bottom Line

Financial markets are still very active this year and in such an environment, CFD traders across Europe need access to an optimized trading ecosystem. eXcentral wants to show it is currently offering such capabilities and at first glance, the trading functionalities available with the brand are what any retail CFD trader needs.

Forex and shares CFDs represent a significant share of the eXcentral asset coverage and on top of that, traders can add indices, commodities, and cryptocurrencies CFDs to diversify their exposure at a time when uncertainty and volatility continue to be elevated.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Business

Got Scammed? No Need To Worry Because Money-Back Is There To Help

Legitimate Business Under Threat

Generally it is said that cryptocurrency and crypto-assets are nothing but fraud. However, this assumption is not just completely wrong but debars many potential investors from becoming a part of one of the most lucrative businesses available in the world. For example if one compares the current price of Bitcoin with that of September, one will notice that in one single month Bitcoin has gone high as US$ 4,000. In September Bitcoin’s price was US$ 10,500 and today its price is US$ 14,000. That is the potential earnings one is able to make by investing in cryptocurrencies.

But there are certain people who are trying to jeopardize this otherwise legitimate and most lucrative business. They are called “scammers”.

Scam – A Global Problem

Presently, they have become a global problem. There hasn’t been a day where no complaint has been registered regarding a scam. These scammers have sharp minds and are complacent with latest technologies. This is why they steal money by fooling the commoners. For instance in July this year, it was reported that twitter accounts, belonging to even high profile persons including Barrack Obama, ex-President of US as well as Bill Gates, were being hacked into by scammers who then used these accounts to extort money out of innocent people.

In addition, many countries also found out that many scammers used the names of the countries’ premiers to launch their Ponzi schemes and thinking that the schemes are legitimate, people invested their monies only to find out that they have been scammed.

Finding Solution to the Problem

Keeping in view the above, it seems to have become a major problem now a days. The answer to the problem is not that simple. Firstly we need to create awareness amongst the masses. People need to be told that they should not pose their confidence in everything but they have to conduct a thorough probe so as to ensure the safety of their funds. But of course this principle applies to post-scam stage. So what is the solution if a person got scammed and lost his money?

Money-Back.com – The Way Forward

Supposing a person got scammed, firstly he need to register a complaint with local police as well as with the cybercrimes authority. However, the concern is that these scammers are very hard to be tracked down. Normally they do not operate from the country where they have committed fraud. Therefore, registering the complaint with law enforcement agencies becomes relatively meaningless.

But there is one entity which is out there for almost 12 years and has an extensive experience in insights, strategy and media research and is called Money Back. This firm is widely popular online as it was developed on one-point agenda i.e. to eliminate this menace of scam and to bring to justice those individuals and companies whose livelihood is dependent upon others loss and injury. Money Back is known for bringing back the funds which were looted from its owner through an online fraud.

Eliminating the Evil

I was scammed on binary options how do I get my money back is a question that unfortunately many people are asking today, Once a victim engages Money Back then all he or she has to do is wait. Money Back directly establishes contact with the local as well as international law enforcement agencies to apprehend the culprits and bringing back the looted money. With its vast experience in the field, Money Back also conducts investigations, enquiries and research on its own to unearth the illegal beneficiaries of the looted money. With the efforts of Money Back, thousands of people were successful in getting their monies back and subsequently the perpetrators are currently behind bars serving their sentences.

End Thoughts

Most of the people who have been scammed feel shy to share what they had gone through. They need not to worry about and need not to shy away because Money Back is out there to help them in acquiring back what they had lost. It is in fact their money which they have not earned easily. So why letting it go so easily?

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Trading

Enjoy a Long-Term Relationship with Go4Rex for Profitable Trading

Looking for an online broker? Even though some believe that having choices is helpful, there is a downside as well. It can often make it difficult for people to make a decision and this applies to online brokers too. The market is saturated with them and with so many offering similar services, it can be tough to figure out what option seems most reliable. How do you make up your mind? You should understand that no two brokers are the same and not everyone is going to like the same broker. Your needs will vary from other traders and so will your choice.

Keeping this in mind, you should look for brokers that can cater to traders with different trading styles and background. Go4Rex fits the bill perfectly in this regard. The broker was launched by FX Capital Ltd out of Seychelles and has been around the market for a short while. However, their relatively newness doesn’t mean that the broker lacks in any aspect. As a matter of fact, most people who sign up with Go4Rex end up establishing a long-term relationship with the broker. Why is this so? This is mostly due to the comprehensive and appealing features the broker has incorporated in its platform. Let’s check out what makes the broker stand out:

  • The security of trading

Anyone who has done their research into the trading market is aware that it is teeming with scams and there have been numerous hacks as well. This is enough to make people wary of putting their trust into an unknown entity, particularly when they have to share sensitive and confidential information. Understanding this dilemma, Go4Rex has taken appropriate measures to establish a secure environment for its clientele. Their security practices include implementing the highest level of SSL encryption. When you share any data with Go4Rex, they encrypt it right away to ensure no unauthorized individual can access it. Moreover, since the broker is regulated by the International Financial Services Commission (IFSC), they keep funds in segregated accounts so there is very little chance of misappropriation.

  • The affordability of trading

Obviously there is a cost of trading. No broker is going to offer you their services for free and if they are, you need to steer clear of them. However, this doesn’t mean that they have to charge you excessively either. There are reasonable and cost-effective brokers as well and Go4Rex is one of them. Instead of opting for the commission model, which can often infuriate and demotivate traders, the broker has opted to earn via spreads. In addition, it offers some of the tightest spreads in the market and also gives leverage to its clients to make things interesting.

  • The availability of numerous assets for trading

What asset do you wish to trade? Some people want to start with one asset like the foreign currency pairs while others want to invest in several simultaneously. Even if you start with one, there is a good chance you many want to spread out later on. In this situation, you wouldn’t want to switch brokers all over again because this can be a big hassle. Therefore, it is best to start with a broker that can offer you significant variety and this is exactly what Go4Rex does. The broker wants to attract traders from different interests and backgrounds and to do so, they have kept their asset index extensive. You can choose from forex, stocks, commodities, indices, cryptocurrencies and many other instruments. The best thing about the broker is that it offers you the best of every market so you can diversify your portfolio and keep your risks at a minimum.

  • The ease of trading

You don’t want trading to be too difficult, especially when you are just getting started. It is the trading platform that determines how easy or difficult your trading is and so Go4Rex has ensured that it provides its users with an innovative solution. This means that the broker has not made any compromises when it comes to the technical aspects of the platform, but at the same time, they have made it easy to use. The control panel boasts some of the most versatile tools and features you can find on any platform and yet trades are executed in a couple of clicks. You can choose between a desktop trading platform and also a mobile version for both Android and iOS devices.

  • The various accounts for trading

The minimum amount you have to deposit and the tools and features you can use will depend on which account you have chosen with the broker. Go4Rex offers five account options and each comes with its own set of offerings to ensure traders can have a well-rounded and smooth experience while trading the asset of their choice. The account options start with the Basic account that offers $250, $1,000 for the Bronze, $2500 for the Silver, the Gold requires $10,000 and the Platinum account can be opened for $25,000. Each of these accounts offer customer support, loyalty bonus of different percentage, Education center access, Daily Market Review and Pro webinars. There is also a demo or practice account that can be helpful for beginners and those looking to test the broker.

  • The convenience of banking

Go4Rex understands that people don’t like being denied access to funds, whether they are the ones they have deposited or those they have earned. Thus, they have provided some great banking options to their clients. The broker offers debit and credit cards that are quick and effective, bank wire transfer that’s quite secure and online payment methods like Neteller and Skrill are also added for easy fund deposit and withdrawal.

Final Thoughts

Go4Rex has gone to great lengths to provide its traders with a flawless trading experience through the offerings outlined above. The broker has also provided useful training and education, commendable customer support and has made it easy for anyone to use their services for becoming a part of the trading industry.

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Finance

3Classic Tips to Develop Trading Skills

Some businessmen think that analyzing the trending market, reading the charts and keeping journals can improve their knowledge and skills in Forex trading. Ultimately, devotion to any work can lead to the success. The trading profession is one of the most popular around. The probable reason is because you can earn money independently.

In most professions you need some basic and formal knowledge to be successful in that particular profession. Forex is not different from that. It is very important to detect the correct way for trading business; otherwise, there is a considerable chance of losing the profit. Investors should learn from the successes and failures of their past performance. This article will give you a proper guideline to improve your trading skills that can help you be successful in the trading business.

Common tips for improving the trading skills

1. Start to maintain the trading journal

The very first step to success in this business is to accept your inability to always predict movements of the market. If Forex traders and investors do not keep a journal and think that they are very skillful and this thought will be harmful to the business as well as the personality. The investors should rely on pertinent information and advice from the experienced and professionals. They often tell to follow and maintain a trade journal instead of their own thinking and idea. Every trading journal consists of two parts. One part of the journal comprises a list of the daily activities and decisions made about trades.

The second part includes a series of the business chart that can determine the trade deals very effectively. The trading journal can help investors to make the right decision to continue the business smoothly. Sometimes the past performance of the company can help the new traders a lot to make the right decision.  It is also helpful to make the trading skills useful for the business.  So, following the trading journal can be an excellent way to make your business profitable.

2. Practice before starting the trade

 If novice traders do not follow trading strategies and practice before a trade, the business field will be complicated for them to continue. There are some records in this trading profession where the professionals are also in some trouble to make a profitable growth. The reason is not practicing the process. They often suggest interacting with veteran Forex traders in the retail market. As they have already learned so much from the business, and it is the duty to give the essential suggestions to newcomers. Starting with a demo account is highly recommended by most of the professionals. It will prevent the loss of money.  Risk and money management is a ubiquitous thing in the trading business for making a good profit. It will not be possible by the final account for the very first time. So, practice with a demo account is needed to control the risks. Visit https://www.home.saxo/en-sg/products/forex to learn more about the demo environment. Try to learn things in the premium environment so that you can make the right decision without having any trouble.

3. Creating a standard for business activities

There are a lot of opportunities for trading business all over the world. A different business opportunity can make an additional capacity for a specific business deal. Businessmen should not go for every opportunity. They have to find a suitable one that can be affordable for the businessmen. To learn about the trading market in detail, the legal business studies will give the information you need to improve your trading skills.

Conclusion

Enhancing the new strategies and follow the methods and tactics will be efficient for the investor. When traders are flexible with their profession and willingly follow the rules and methods, it becomes so easy to make your business more profitable. Trading skill is a phenomenon that can have a huge impact on your performance.

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Investment

7 MUST-KNOW BENEFITS OF INVESTING IN SHARE MARKET

INTRODUCTION

The act of committing money or capital in the share market or any commodity to achieve an additional income is called Investment. Investment is primarily made for future purposes in hope of growth in capital with time, however it is also associated with certain risks. The Sensex market determines the profit and losses that the investor is going to face. The experience of how to buy the shares in the market is extremely necessary especially for beginners. Whether you are a beginner or an expert, there are mainly two types of investors –  one who wants to have an active hand in managing money and the other in who wants to invest and forget about the money invested for 15-20 years, with the sole aim of expecting a higher ROI. Let us take a look at the top 7 benefits of investing in share market in India:

7 BENEFITS

The stock exchange and investment have a lot of pros and cons associated with it which make investments different from ordinary stocks in the stock market.

The seven most important benefits of investing in stocks are-

  • Tax- Tax is a factor that can eat the gains in ordinary shares. Investing in the share market helps the investor in maintaining the rate of return on the investments, thus managing the tax earnings.
  • Innovations in technology- The updates and innovations in technology are one of the reasons why one can get information about the stocks easily. The people have started trusting the results that technology gives. Though the investor needs some amount of prior information from the mutual funds or the banks, with the help of online available resources they can analyze the performance of different funds and companies and invest according to it.
  • Investment in diverse sectors- One of the benefits of investing in the share market is that the investor has an opportunity of investing in companies operating in various sectors and segments. This helps in optimizing the allocation of assets and getting a diverse range of returns from various companies.
  • Shareholder- Investing in stock or share means taking a stake in the company in which one is investing. Investing in the market means getting all the benefits that the company is getting and the shareholders also have a hold-in the major decisions of the company. The annual report of the performance of the company is also passed by the shareholders to let them know the future possibilities of the company.
  • Long-term benefits- From a long-term perspective, it has been proven that the person who invests in the share market gets the maximum which means the multitude of investments can also be doubled or tripled depending on the company.
  • Additional source of income- Few investments in stocks act as an additional source of income in the form of a dividend which means that the returns will come even if the stock has lost its original value.
  • Better returns- According to the records of how the stocks have performed, it can be seen that the average probability is that the stocks will return an additional 10% which is far better than the inflation rate of 3.2%.

CONCLUSION

Nowadays, for better protection of money, a Demat account is considered in which the investor can invest and protect their money in an online account. If you are planning to open a demat account anytime soon, then ensure to educate and understand the fundamentals as much as possible. In short, a demat account holder has numerous benefits as mentioned above, additional to the guaranteed returns/profits on their invested shares. So why wait? Open a Demat account now!

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Trading

Reviewing the Five Global CTB Features That Truly Stand Out

If you are reading this review, I am sure you have either made up your mind about trading or you are in the process of deciding. In both cases, I think you should pay attention to how you should pick a broker if you want things to go smoothly. That’s where I am going to help you. I have collected a lot of details about a broker that I think is performing better than most of its counterparts. Its trading features are modern and trader-friendly. In addition to that, it provides you with not only flexibility but a lot of facilities when you trade with it. I’ll let you decide through this Global CTB trading review if what I am telling you is true.

Top Five Global CTB Reviewed

1.      The Asset Index

The asset index from this broker needs special mention. I have seen many other online brokers and I have reviewed their asset indices. However, I have to tell you that there are not many that can beat the asset index from this broker. It is a huge index with lots of assets from a variety of markets. In fact, you can even trade bonds when you sign up with this broker. Now, when it comes to the asset index, you can be in half a dozen financial markets with this broker, trading hundreds and thousands of different assets. You are not limited to major currency pairs here, as the broker lets you trade the minor and exotic ones as well.

I also have to mention the cryptocurrencies that you can trade with Global CTB. Right now, you will find a long list of cryptocurrencies that you trade with this broker. Many of these currencies are not even available to you when you sign up with other brokers. You can also trade stocks from a variety of companies from around the world. If you are not happy with that, you can trade oil with Global CTB. Last but not least, you also have the most precious gold that you can trade from the trading platform of this broker.

2.      Huge Educational Center

I was instantly impressed when I looked at the educational section of this broker. I have seen many other brokers offering some great training material. However, I have to admit that no other broker comes even close to what this broker has to offer. Global CTB has arranged trading education in a variety of formats. If you just enter the videos section, you have two different pages on the website on which you will only find videos about trading. They discuss everything from the basics of trading to some advanced trading strategies that should keep you afloat even if the market conditions are not the best.

 The same educational center has some great ebooks for you as well. News, charts, signals, reports, and just about anything that you need as a trader is there on the website of the broker. In addition to that, you will also find a very detailed trader glossary on the website that should help you understand the jargon used in this industry on a daily basis.

3.      Flexible Trading Platform

The trading platform is very flexible from this broker. Even though you will not see a lot of talk on the website about the trading platform, it is still one of the best out there. You can use this trading platform from Global CTB on any device that you have ever owned. Whether you are into the old and powerful desktop computer or the portable smartphones, you can use the trading platform on all of those devices without any issues. You will not even run into compatibility issues just because you have some operating system other than Android or Windows on your device.

4.      Great Customer Support

The customer support from this broker is something that must not go unnoticed. You have the broker providing you with help when you sign up with it in many forms. The broker has not limited its knowledge of its traders to the online FAQs section, which is something a lot of online brokers are doing these days. However, I think the approach from Global CTB is one that traders like best. For example, when you sign up with this broker and need help, you have the FAQs section on the website. However, if you don’t need help that way, you can also send an email on one of the three emails on the website.

What surprises me even more about the broker is that it allows you to contact through a variety of phone numbers.  If you don’t know, there are many phone numbers on the website of this broker, so you can use one that will cost you the least when you call this broker from a particular country.

5.      Six Account Types

Don’t you just love an online broker that tries to accommodate you regardless of your budget? There are some online places where you cannot trade just because you don’t have enough money. However, I think this broker is doing a great job of letting everyone into the system so they can make some money. Global CTB has provided you with six different account types. You can always pick the one that you think lands closest to home. There are additional perks in accounts that are expensive. However, I recommend that you start with the bronze account, which is the basic account, by depositing only 500 EUR.

In German: Global CTB Erfahrungsbericht | globalctb.com Erfahrung | The Forex College

If you think for any reason that you have gone beyond the category of a basic trader, you can always go with the silver account that does not require an initial deposit of more than 5000 EUR from you.

Final Thoughts

I think these are the things that make this broker one of the best out there. There are many other brokers that are doing things similarly, but I think that Global CTB has refined its services to make them perfect for traders from any part of the world. You will be trading on a fast trading platform without any security concerns when you sign up with this broker.

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Finance

Best Financial Resources for Struggling Families

Times are tough for millions of families out there. If this describes your current situation, chances are you’ll take all the dignified help you can receive. The following are some of the best resources for families currently experiencing financial distress:

Minimal-hassle personal loans

Financial stress is frequently felt most in between paychecks. Many families struggle to make ends meet during that period. One solution is to borrow money, but most lenders won’t do business in a pinch. Luckily, a select few will, and better yet they let individuals apply online. Whether it’s personal loans in Edinburg TX or installment loans in Erie PA, the ability to get the money you need to pay the bills and put food on the table is a crucial financial resource during difficult times.

On-and-off side hustles

Thanks to a variety of Silicon Valley’s most successful startups, individuals across the country can pick up part-time work whenever they need the money. Whether it’s delivering food for companies like Grubhub, driving passengers for services like Lyft, or grocery shopping through apps like Instacart, earning a few extra hundred dollars per month has never been easier. The best part is these apps typically make it simple to start and stop as needed. Simply sign-in when you’re ready to work and sign-out when you’re done.

Consumer Financial Protection Bureau

Most Americans consumers don’t realize – or don’t appreciate – the existence of a government agency designated to look after their interests and help them better understand the basics of personal finance. The Consumer Financial Protection Bureau is a relatively young agency, one that has already seen a reduction in funding and a deficit in leadership. However, the information available at the CFPB website remains a useful resource when it comes to dissecting the various nuances and potentially fraudulent offerings out there.

Financial calculators

There are over a dozen useful financial calculators available for free online. From auto financing to debt repayment to planning retirement, these calculators can help families map out their financial future at a time when every dollar counts and preparing for the unknown matters more than ever.

Second stimulus?

If Congress ever gets around to passing a second stimulus package, millions of Americans will receive another check in the mail or through direct deposit. That’s thousands of dollars for some families, depending on the number of parents and children in the household. That’d be the best financial resource to get, especially with the holidays approaching. Whether it happens is another question.

Due to massive layoffs, reduced economic activity, and uncertainty about the future, many people across the U.S. and elsewhere are experiencing financial hardship. Useful financial resources matter now more than ever. With any lucky, 2021 will bring about changes that signal the end to the financial challenges of millions of people. Time will tell.

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Finance

CAPEX.com Review – Trading FX CFDs with a Reputable Brand

Overview

CAPEX.com is a worldwide brand, aiming to change how people invest and trade a broad range of CFD instruments. Established in 2016, it has managed to grow into a powerful and trusted brand, due to a customer-oriented and education-oriented business philosophy.

It works for CFDs traders from all around, but some jurisdictions like Japan, Canada, or the USA are restricted. Compliance with regulation is and had already been of the main goals at CAPEX.com, and now the brand is licensed by CySEC and registered with tens of European regulated like the UK’s FCA, Germany’s BaFin, and Spain’s CNVM.

CAPEX.com logo

Safety is one of the broker’s strongest spots and thus far CAPEX.com has proven to be a supporter of transparency and trust. According to legal requirements, the broker ensures safety from clients’ funds and complies with the latest standards for privacy. Considering it has managed to develop a competitive trading offer, traders should know more about what it can provide in 2020.

Main Features

Although there are numerous trading benefits available at CAPEX.com, some of them stand out substantially and are not too common among other brokerage houses:

  • Trading software – CAPEX WebTrader is specifically designed to streamline the trading experience via desktop of mobile devices. It is a proprietary platform integrating multiple tools and features. On top of it, the broker also provides support for the popular MetaTrader 5, which can be used on any type of device.
  • Integrated tools – traders working with CAPEX.com can use several integrated tools that are only available via the CAPEX WebTrader. Insiders’ Hot Stocks, Daily Analyst Ratings, Bloggers Opinions, Hedge Fund Activity, News Sentiment, and Trading Central are currently part of the offer.
  • Trading academy – Educating traders is part of the CAPEX.com mission and they can learn how to trade via a comprehensive Trading Academy. They can get more insights into Forex trading, indicators, chart patterns, cryptocurrencies CFDs, and many other useful topics.
  • Multi-language support – CAPEX.com has its headquarters in Cyprus and on top of that, branches in Romania and Spain. This means traders have access to multi-language and personalized support services.
  • Licenses and regulation – considering it is authorized and regulated by CySEC, and on top of that, registered with 29 different European regulators, CAPEX.com is one of the most regulated brokerage houses in Europe.

CAPEX.com integrated tools

Asset Coverage

Currently, more than 2,100 CFD instruments are covering a broad range of markets including Forex, Indices, Bonds, ETFs, Commodities, Shares, Blends, and cryptocurrencies. The CAPEX.com forex CFDs offer covers tens of different currency pairs (majors, minors, and exotics,) and most of them have fixed spreads, except for several minor and exotic pairs.

Diversifying the market exposure is not a problem when trading with CAPEX.com, given the large number of stocks CFDs, covering most of the major markets like the USA, Germany, France, UK, or Australia. Blends and indices-based CFDs could also be considered by traders looking for more liquid instruments.

Commodities, cryptocurrencies, bonds, and ETFs CFDs ensure a broader diversification and the ability to take advantage of many different popular markets. It is important to note that due to the strict European regulation, trading conditions will vary depending on the client classification – retail or professional.

All assets will be available regardless of the account type chosen (Essential, Original, or Signature), but there will be differences in terms of aspects such as stop out levels and leverage for clients based in Europe.

Trading Platforms

Aware traders need robust and modern platforms, CAPEX.com is currently providing access to two trading platforms:

-The proprietary CAPEX WebTrader

-The popular MetaTrader 5.

The CAPEX WebTrader comes with a broad selection of execution modes and order types, up to 10 charts simultaneously, highly customizable accounts, financial news, negative balance protection, and many 3rd party features integrated. Since it does not require any installation, it can be accessed via any device and at the same time, there is a mobile app designed by CAPEX.com for both Android and iOS devices.

CAPEX WebTrader

MetaTrader 5 is the second platform of choice available with CAPEX.com, compatible with desktop, mobile, or tablet, fully customizable, and with an intuitive interface. It continues to be one of the industry favorites, but it is important to note that at CAPEX.com, the integrated tools won’t be available with MT5.

The Bottom Line

With nominations for Best Trading App & Fastest Growing Forex Broker EU, both received in 2019, CAPEX.com has proven its commitment towards changing the way its clients can trade the financial markets.

Behind it, there is a team of professionals dedicated to building creative solutions for traders worldwide, as the expansion continues, and the trading offer is refined.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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