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Here is a brief guideline to choose top forex brokers for beginners

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how to choose best forex broker

1.REGULATION

It is very important for you to check if a broker is regulated by the regulating body in the country which it is domicile. For US based brokers they are regulated by the NFA (National Futures Association) as well as the CFTC (Commodity & Futures Trading Commission). There are other regulatory bodies such as CySec (Cyprus Securities & Exchange Commission) in Cyprus, FCA (Financial Conduct Authority) in the UK. Note that  there are different regulatory bodies for different countries.

The Forex market is a large one, and that has given opportunities to mischievous individuals to try to cheat traders off their hard earned moneey. This is why we recommend regulated brokers to ensure your money is in safe hands. However, we can’t rule out the fact that there are brokers who are not regulated but have existed so faron good reputation.

 

2. EDUCATIONAL RESOURCES

Beginners need Forex brokers that will help them better at Forex trading. Hence, Forex brokers should give access to the best Forex market information, and provide beginners with tutorials that let them learn the basics of Forex.

Consequently, becoming a profitable Forex trader requires learning. Therefore, it is important for brokers to offer educational resources that are accurate. A beginner should be able to access information on fundamental analysis, technical analysis, trading strategies and training videos.

3. LOW FEES

One of the factors to consider in choosing a Forex broker is the fees charged by the broker. As a beginner, it is advisable to choose a broker with low commission rate.

A broker with low fees would also offer such options as fixed spread to help protect beginners from the instability of the market.

Also, it is equally important to consider fees charged on deposit and withdrawal. There are several brokers that do not charge a fee on deposit and withdrawal. Such brokers are advisable to be considered by beginners.

4. CUSTOMER SUPPORT

Setting up an account, navigating through a trading platform, making deposits and withdrawals, etc. usually can be difficult for beginners and which is why superb customer support should be provided for beginners. In fact, some Forex brokers have provided tutorials best forex brokers for beginners that can help guide a beginner through some basic things on the platform. However, live support is important because even experienced traders sometimes need customer support to help resolve issues.

An excellent customer support should have an accurate and timely response. Most traders love their complaints to be attended to almost immediately and this makes live chat important for any broker platform for prompt issue resolution.In addition, offshore broker’s support services should also support multiple languages for their customers.

5. EXCELLENT TRADING PLATFORM

For beginners, it is important to use brokers who have trading platforms that are easy to navigate. This implies that they must be able to trade conveniently without any complications. Also, the trading platform should have good trading tools because beginners do need to access charts and indicators to help guide their trade activities.

Consequently, it is important for Forex brokers to provide a trading platform that has a b     oanda forex variety of software or apps to select from for the convenience of beginners. The forex broker also needs to ensure they add new platform features such as social trading as this helps beginners interact with experienced traders and learn from them.

Oanda is well-known for its trading platforms that are standard and low-cost trading fees. Oanda is known for its ability to differentiate its self in comparison to other Forex brokers through its superior execution quality and transparency. It was among the first firms to provide complete information on currency exchange online. OANDA is considered to be safe due to the fact that it has a long-standing history of success, and has a record of releasing its financials on a regular basis and is also among the broker that are regulated by top-of-the-line authorities. That means that your money is secure with OANDA.

Oanda provides low-cost fees and an extremely user-friendly web trading platform. Oanda also offers an easy way to open a new account that does not require a minimum amount of balance. In addition, Oanda charges no withdrawal fees for the first withdrawal during the month, while using debit cards and then withdrawals using debit cards within the month cost $15.With Oanda, you have access to excellent charting tools that include more than 70 indicators that are technical.

Key Features

  • Transparency of pricing
  • Controlling the regulatory process
  • The product range is comprehensive.
  • Platform technology

PROS

  • The fees are low and they are paid
  • Opening accounts can happen using just one dollar
  • The trading platform on the web is user-friendly.
  • OANDA is also regulated by a number of governmental regulators
  • It’s fully digital procedure for opening an account

CONS

  • OANDA has a limited leverage
  • There are also no fixed spread accounts.
  • The fees for withdrawals are high when you conduct bank transfer
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Business and Real Estate

How To Choose The Right Commercial Contractor For Your Project?

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Commercial Contractor

Choosing the right contractor for any building project is certainly going to be key to the success of the project itself. After all, the main contractor could very well be involved in every single detail of the project. With that in mind, we can’t really overstate the importance of finding the right Calgary commercial renovation contractors for your particular project. What should you be looking for though, when you’re out searching for that right contractor? The easiest thing to point out, yet potentially the hardest thing to find is a contractor that you know you can trust. If this person or company is going to be involved in every aspect of the project trust is key. How can you build that trust or reach a certain comfort level with a group of people that you potentially just met? 

The way that we see it, the contractor’s reputation has to speak for itself. This can make it hard for new companies to break into the market because as an investor what you probably want is someone with a proven track record. Staying on that subject of the proven track record another key to picking the right general contractor, commercial renovation oriented, is making sure they have experience in your niche. The term commercial building encapsulates so many different things. Yet, working on building a new hospital wing is not necessarily similar to setting up a restaurant. Making sure that the contractor you hire has experience with a similar project is another box that you potentially want to check.

The Price Tags Are All Over The Place

One of the things that you’re potentially going to find in your search for a contractor is that the price tags for the services of these contractors can be all over the place. Some of the more established companies in the region are going to have a high fee that you need to cover, and they won’t budge off that. On the other hand, up-and-coming contractors may be more willing to give you a bargain deal. More expensive work is not necessarily better work, but these companies are able to bring a higher level of experience to the table. This is in many ways what we’ve mentioned as the key to finding that right contractor. Finding the perfect balance between experience and a decent price with a sense of trust between both sides is pretty much all that you can ask for.

Make Of List Of The Things That Are Important To You

Should the company that you hire have experience with similar projects? That’s probably a must for sure! Is there a price tag that you don’t want to go over? What are other specific needs you have? If you make a list of the things that you want and you can cross reference that with what you’re being offered by the options that you look into you can make the selection process much smoother. Even if there is no perfect way to be able to find the right commercial contractor.

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Business and Real Estate

Why You Should by Custom Pins?

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Custom Pins

You can have custom pins made in any shape, size or variety. You might get a reproduction of your organization’s logo. There are various expert reasons you could do this, whether it be for special purposes, part of a uniform, or even a sponsorship for a non-benefit occasion. As an individual, you might need to have a family pin made to distribute at the yearly get-together. Then again, perhaps your book club is praising its fifth year together and you would like a method for celebrating the event. Something different that has filled in ubiquity is to have a wedding pin made to pass out to every visitor as memorabilia of your exceptional day. There are numerous different motivations to use this one-of-a-kind help. Individuals love substantial articles, regardless of anything the size or worth. Basically, individuals love the stuff! Regardless of the occasion, what is preferable to give over something modified that they can wear on their lapel, satchel, cap, scarf, or tie?

Custom pins are accessible is a few assortments. One such assortment is Cloisonne. Cloisonne is the method of brightening metal. The hard lacquer Cloisonne pin is a metal pin that is played with polish and afterward prepared at a high temperature to fix the paint. It is then cleaned. At the point when done in this mold, the pin is smooth across the top.

Another assortment is the delicate finish. Delicate finish custom pins additionally have veneer fill, however, they are air-dried instead of prepared. The fill sits lower than the metal edges that structure the frameworks of the pin. This style of pin isn’t totally smooth across the top. It has a fairly raised frame. The delicate finish is a more affordable option in contrast to the hard polish.

The bite the dust struck pin is normally found in metal shades. It very well might be shaded, however, most frequently isn’t. These are the main sort of pins that made be done three correspondingly.

The photograph scratched pin is an option in contrast to the finish pin when you are needing something with a ton of detail. This is a more slender choice than the hard or delicate veneer.

At last, there is the photograph arch pin. These custom pins are fitted with a copy of the image you give and the epoxy is streamlined from the top to a pleasant domed completion.

You can track down organizations online that offer this kind of altered work. Some have valuing data accessible on their sites while others expect you to submit data on their statement structure. The data they will require normally incorporates your contact data, a depiction of the sort of custom pins you are hoping to arrange, and a duplicate of your craftsmanship. When you present this structure, the organization will handle your statement solicitation and reach you with an expected cost. Prior to consenting to have any work done, make certain to peruse the reached terms completely. Ask about creation time, yet additionally delivering time. You need to ensure that your request will get to you in time for the planned occasion.

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Business and Real Estate

What are Micro-Credentials & what are their Benefits?

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Micro-Credentials

With rapid changes and development in technology, the current job structure has completely transformed. Many new job roles are emerging and becoming immensely vital for the organization. There is also a need for acquiring newer skill sets which means that the workforce has to gain new expertise to be able to flourish in the modern workforce. 

Micro-credentials become extremely important in this scenario as they are the best tool for upskilling. They are a feasible means of acquiring competencies that allow one to carry out job responsibilities effectively. 

Understanding micro-credentials 

Micro-credentials are mini qualification that allow an individual to gain knowledge or expertise in a given area or domain. The skills that these nano degrees provide are very narrow and limited to particular expertise. Unlike diplomas or degrees that take several years to complete, micro-credentials imbibe all the necessary knowledge in a short time frame. 

The expertise that you gain from these mini qualifications is immediately applicable to your job role. You can acquire a micro-credential in various fields ranging from social media marketing to even business communications. 

These nano degrees are offered as digital badges which are given after you have successfully acquired a skill. Along with universities and colleges, you can also get these badges at work through practical job training.  

Need of the hour 

The business landscape has shifted drastically after the pandemic as every industry has adopted newer technological tools. This has greatly impacted job roles as responsibilities have upgraded. Revamping of work culture and the introduction of modern tools including the digitalization of every sector has left vast room for upskilling. 

For example, the traditional form of marketing which was once the norm has now been replaced by digital marketing. Those part of the workforce who lost their job due to all these changes or are looking to adapt to the new work tactics can gain a lot from a micro-credential. 

Also, the millennials and Gen Zs are keener to acquire skills that are directly applicable to the workplace and benefit a lot from such digital badges. There are many benefits that micro-credentials have which makes them immensely popular and useful in the current times 

Benefit of microcredentials

Some of the main advantages that micro-credentials have are the following:

  • Practical skill-building 

In the age of micro content and bite-sized videos, everyone is looking for easier ways to gain new skills. Gaining any expertise is only useful if it is applicable to one’s current job role or can help them switch to something better. 

Obtaining a micro-credential has an edge over other qualifications here as it imbibes necessary training that can be immediately applied to one’s work. It also allows you to illustrate to your employers that you have the necessary practical knowledge needed for the job profile. Those who are looking to become technologically competent can make great use of this mini qualification as well. They can easily learn how to navigate through the digital landscape in a short time. 

  • Feasible to learn 

Talking of learning in a short time, not everyone can afford to go back to college or university to continually upskill. From a practical point of view, it makes no sense as it becomes a time-consuming and expensive way of learning. 

On the other hand, micro-credentials can be acquired in a smaller time frame without burning a hole in your pocket. 

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