forex trading

Why Traders use Credit Cards for forex trading

Why Traders choose Credit Card as a payment method used to fund a trading account? To pay with Credit Card (CC) for investing in Forex and other speculative products or investment is illegal and considered a crime in the USA. Yet in the other parts of the world Traders use this payment method because it […]

cysec chair

CySEC Chair outlines substantial changes for FX industry

The April 4 meeting between the CySEC Chair Demetra Kalogerou and a consortium of brokerage company executives marked a potential turning point for the retail Forex industry in Cypus, spurred by a flurry of client complaints demanding stronger regulation. Under a pretext that the meeting was to address “the latest and future developments of the[…..]

What is a Financial Custodian?

A custodian is a financial institution that holds customers` financial assets (e.g. money) for safekeeping in order to minimize the risk of their theft or loss. A custodian holds securities and other assets in electronic or physical form. Since they are responsible for the safety of assets and securities that may be worth hundreds of[…..]