What is forex card? 5 things You need to Know: BookMyForex.com

GlasgowIndians

GlasgowIndians
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Best Forex Travel Card - What Is a Forex Prepaid Travel Card?

A prepaid forex card enables you to load multiple currencies on a single card ( Around the world in 80 days? No big deal). However, if you are visiting just one country, you can also choose to load a single currency. The forex cards will not only save you time, but can also spare you the pain of calculating conversion charges when you should be enjoying your vacation.
submitted by mymoneysrikanth to u/mymoneysrikanth [link] [comments]

Non Strategies for Success

TL;DR The why as to why you trade is as important as the strategy you use to trade.
I am new to Forex. However prior to COVID I was a professional card player but when the casinos closed shop I needed to find another source of income. Over the past few months I have been doing a lot of research into different strategies to use however, the one area of information that is rarely ever discussed is the why of why you are doing this. In any setting risk management is a major component to determine success but, what determines your level of risk tolerance is independent of each person's goals. Before I ever sent a dime to a brokerage or opened a demo account I asked myself these questions.
1.) What is my reason to do this? Determining whether this was something I wanted to do full time, part time, as passive income or as a challenge to beat.
2.) What is my short term and long term goal with this? Was I looking to make money right away? Was I looking to reinvest? Have a plan as to what you are going to do with your money beforehand and stick to it.
3.) How much time am I willing to invest into this? Practice makes perfect in any endeavor and to become good at something requires time.
4.) How much am I willing to lose before I call it quits? Just because you have 20k doesn't mean you have 20k to lose. Knowing when to walk away from a losing session is even more important than basic strategy as it will allow you to come back to the table to try again so to speak.
Each of these questions lead to more questions until I had a defined plan of action as to how I wanted to move forward. These questions also gave insight as to the style and type of trading strategies I would be looking for as they fit my goals. The strategy I have been using is successful for me because of my style of risk tolerance and risk management but may not work for others. Ken Jennings and James Holzhauer are two of the most successful competitors on Jeopardy. However the strategy each used were different but worked for them. Same applies to professional poker players, athletes and almost any task imaginable. So I see many people asking for strategy advice. The advice I would give is for them to ask themselves not "How should I be trading?" but "Why am I trading?". This is just my two cents. Good luck to you all.
submitted by TheTrueVisionary to Forex [link] [comments]

ATO Australian tax treatment for options trades 🇦🇺

I am posting this as I hope it will help other Australian options traders trading in US options with their tax treatment for ATO (Australian Tax Office) purposes. The ATO provides very little guidance on tax treatment for options trading and I had to do a lot of digging to get to this point. I welcome any feedback on this post.

The Deloitte Report from 2011

My initial research led me to this comprehensive Deloitte report from 2011 which is hosted on the ASX website. I've been through this document about 20 times and although it's a great report to understand how different scenarios apply, it's still really hard to find out what's changed since 2011.
I am mainly relating myself to the scenario of being an individual and non-sole trader (no business set up) for my trading. I think this will apply to many others here too. According to that document, there isn't much guidance on what happens when you're an options premium seller and close positions before they expire.
Note that the ATO sometimes uses the term "ETO" (Exchange Traded Option) to discuss what we're talking about here with options trading.
Also note: The ATO discusses the separate Capital Gains Tax ("CGT") events that occur in each scenario in some of their documents. A CGT event will then determine what tax treatment gets applied if you don't know much about capital gains in Australia.

ATO Request for Advice

Since the Deloitte report didn't answer my questions, I eventually ended up contacting the ATO with a request for advice and tried to explain my scenario: I'm an Australian resident for tax purposes, I'm trading with tastyworks in $USD, I'm primarily a premium seller and I don't have it set up with any business/company/trust etc. In effect, I have a rough idea that I'm looking at capital gains tax but I wanted to fully understand how it worked.
Initially the ATO respondent didn't understand what I was talking about when I said that I was selling a position first and buying it to close. According to the laws, there is no example of this given anywhere because it is always assumed in ATO examples that you buy a position and sell it. Why? I have no idea.
I sent a follow up request with even more detail to the ATO. I think (hope) they understood what I meant now after explaining what an options premium seller is!

Currency Gains/Losses

First, I have to consider translating my $USD to Australian dollars. How do we treat that?
FX Translation
If the premium from selling the options contract is received in $USD, do I convert it to $AUD on that day it is received?
ATO response:
Subsection 960-50(6), Item 5 of the Income Tax Assessment Act 1997 (ITAA 1997) states the amount should be translated at the time of the transaction or event for the purposes of the Capital Gains Tax provisions. For the purpose of granting an option to an entity, the time of the event is when you grant the option (subsection 104-20(2) ITAA 1997).
This is a very detailed response which even refers to the level of which section in the law it is coming from. I now know that I need to translate my trades from $USD to $AUD according to the RBA's translation rates for every single trade.
But what about gains or losses on translation?
There is one major rule that overrides FX gains and losses after digging deeper. The ATO has a "$250k balance election". This will probably apply to a lot of people trading in balances below $250k a lot of the FX rules don't apply. It states:
However, the $250,000 balance election broadly enables you to disregard certain foreign currency gains and losses on certain foreign currency denominated bank accounts and credit card accounts (called qualifying forex accounts) with balances below a specified limit.
Therefore, I'm all good disregarding FX gains and losses! I just need to ensure I translate my trades on the day they occurred. It's a bit of extra admin to do unfortunately, but it is what it is.

Credit Trades

This is the scenario where we SELL a position first, collect premium, and close the position by making an opposite BUY order. Selling a naked PUT, for example.
What happens when you open the position? ATO Response:
The option is grantedCGT event D2 happens when a taxpayer grants an option. The time of the event is when the option is granted. The capital gain or loss arising is the difference between the capital proceeds and the expenditure incurred to grant the option.
This seems straight forward. We collect premium and record a capital gain.
What happens when you close the position? ATO Response:
Closing out an optionThe establishment of an ETO contract is referred to as opening a position (ASX Explanatory Booklet 'Understanding Options Trading'). A person who writes (sells) a call or put option may close out their position by taking (buying) an identical call or put option in the same series. This is referred to as the close-out of an option or the closing-out of an opening position.
CGT event C2 happens when a taxpayer's ownership of an intangible CGT asset ends. Paragraph 104-25(1)(a) of the ITAA 1997 provides that ownership of an intangible CGT asset ends by cancellation, surrender, or release or similar means.
CGT event C2 therefore happens to a taxpayer when their position under an ETO is closed out where the close-out results in the cancellation, release or discharge of the ETO.
Under subsection 104-25(3) of the ITAA 1997 you make a capital gain from CGT event C2 if the capital proceeds from the ending are more than the assets cost base. You make a capital loss if those capital proceeds are less than the assets reduced cost base.
Both CGT events (being D2 upon granting the option and C2 upon adopting the close out position) must be accounted for if applicable to a situation.
My take on this is that the BUY position that cancels out your SELL position will most often simply realise a capital loss (the entire portion of your BUY position). In effect, it 'cancels out' your original premium sold, but it's not recorded that way, it's recorded as two separate CGT events - your capital gain from CGT event D2 (SELL position), then, your capital loss from CGT event C2 (BUY position) is also recorded. In effect, they net each other out, but you don't record them as a 'netted out' number - you record them separately.
From what I understand, if you were trading as a sole tradecompany then you would record them as a netted out capital gain or loss, because the trades would be classified as trading stock but not in our case here as an individual person trading options. The example I've written below should hopefully make that clearer.
EXAMPLE:
Trade on 1 July 2020: Open position
Trade on 15 July 2020: Close position
We can see from this simple example that even though you made a gain on those trades, you still have to record the transactions separately, as first a gain, then as a loss. Note that it is not just a matter of netting off the value of the net profit collected and converting the profit to $AUD because the exchange rate will be different on the date of the opening trade and on the date of the closing trade we have to record them separately.

What if you don't close the position and the options are exercised? ATO Response:
The option is granted and then the option is exercisedUnder subsection 104-40(5) of the Income Tax Assessment Act 1997 (ITAA 1997) the capital gain or loss from the CGT event D2 is disregarded if the option is exercised. Subsection 134-1(1), item 1, of the ITAA 1997 refers to the consequences for the grantor of the exercise of the option.
Where the option binds the grantor to dispose of a CGT asset section 116-65 of the ITAA 1997 applies to the transaction.
Subsection 116-65(2) of the ITAA 1997 provides that the capital proceeds from the grant or disposal of the shares (CGT asset) include any payment received for granting the option. The disposal of the shares is a CGT event A1 which occurs under subsection 104-10(3) of the ITAA 1997 when the contract for disposal is entered into.
You would still make a capital gain at the happening of the CGT event D2 in the year the event occurs (the time the option is granted). That capital gain is disregarded when the option is exercised. Where the option is exercised in the subsequent tax year, the CGT event D2 gain is disregarded at that point. An amendment may be necessary to remove the gain previously included in taxable income for the year in which the CGT event D2 occurred.
This scenario is pretty unlikely - for me personally I never hold positions to expiration, but it is nice to know what happens with the tax treatment if it ultimately does come to that.

Debit Trades

What about the scenario when you want to BUY some options first, then SELL that position and close it later? Buying a CALL, for example. This case is what the ATO originally thought my request was about before I clarified with them. They stated:
When you buy an ETO, you acquire an asset (the ETO) for the amount paid for it (that is, the premium) plus any additional costs such as brokerage fees and the Australian Clearing House (ACH) fee. These costs together form the cost base of the ETO (section 109-5 of the ITAA 1997). On the close out of the position, you make a capital gain or loss equal to the difference between the cost base of the ETO and the amount received on its expiry or termination (subsection 104-25(3) of the ITAA 1997). The capital gain or loss is calculated on each parcel of options.
So it seems it is far easier to record debit trades for tax purposes. It is easier for the tax office to see that you open a position by buying it, and close it by selling it. And in that case you net off the total after selling it. This is very similar to a trading shares and the CGT treatment is in effect very similar (the main difference is that it is not coming under CGT event A1 because there is no asset to dispose of, like in a shares or property trade).

Other ATO Info (FYI)

The ATO also referred me to the following documents. They relate to some 'decisions' that they made from super funds but the same principles apply to individuals they said.
The ATO’s Interpretative Decision in relation to the tax treatment of premiums payable and receivable for exchange traded options can be found on the links below. Please note that the interpretative decisions below are in relation to self-managed superannuation funds but the same principles would apply in your situation [as an individual taxpayer, not as a super fund].
Premiums Receivable: ATO ID 2009/110

Some tips

submitted by cheese-mate-chen-c to options [link] [comments]

No Agent Taobao Direct Buying Guide! Let's view all baby and determine

Taobao Direct Guide for users familiar with 3rd party agents and navigating taobao (with chrome google translate on, hence the title)
What is Taobao direct? Basically instead of copying and pasting the item URL into the agent website, you add items to your cart like a regular ecommerce site, check out, wait for items to arrive in the warehouse (similar to what happens when you use an agent) and then when all your items from various sellers are in, you request the logistics company to send everything to you.
Disclaimer: I have no Chinese fluency written or otherwise. I did everything through Google translate and my experience with how tb works through agents. If something goes wrong I will probably write off the item 🤣 if you communicate a lot with the ts who use translators it also helps get your point across. If you type in English in tb live chat they will redirect you to the HK/tw help staff who have medium English. Also I bought items I purchased previously with an agent or vouched for here on RL or had crazy high reviews/ratings.
Pros:
Cons:
I think the ideal usage for taobao direct would be light items like innerwear, jewelry, soft/non fragile goods, generally clothing and shoes although I don’t know if they will include the box by default.
Please see here for the image guide for ordering Sorry in advance if my descriptions are wonky, I'm not great at following OR writing instructions but hopefully the screenshots make it easier to follow along.
  1. Create an account (there are various guides out there for overseas members) and go into your account and add your home address (or the superbuy warehouse address)
  2. Find your items and change the delivery location to "overseas", add to cart
  3. When you're ready to check out hit check out, enter your cc info on the alipay (remember to use a card that doesn't charge foreign transaction fees) and confirm it goes through.
  4. Wait for all your stuff to come in. When its in the tb warehouse it will show up in the "consolidated delivery" section tagged with a weight (usually volumetric or actual). The 20 day countdown will start once its available for international shipping.
  5. After all your items are in, or you can batch up by selecting items on the consolidated delivery page, submit for delivery. Pay again through alipay.
  6. Use the check logistics option to get the tracking info and wait for your haul!
  7. After receiving but before you open, take photos of it on a scale and the lxwxh with a ruler as well. This is because they will overestimate your shipping but there isn't rehearsal shipping like with agents. You can request a refund after the fact with the "refund/complaint" option on the consolidated delivery page (mine says check refund because I've already gone through it)
  8. Getting a refund: select the "only refund" option, "goods received" and "shipping cost does not match" and leave the full shipping amount in. Upload your measurement and weight photos (make sure the file size is not too big). Within 72hr they will reply and ask you to modify your application with the real amount owed (if any). It will go back to your cc through alipay (may take a few days).
Cost comparison: Even after the 5% sales tax and 3% alipay, it cost me $6.20 total from my credit card statement. A 39 yuan top up for sb is $6.53 as of today (if using paypal). For some the qc pictures and the longer storage period are well worth the difference. However a good compromise is the parcel forwarding option in sb. Instead of shipping to your house you can set up superbuy’s warehouse address and pay in taobao and wait for your items to show up in sb. You also have to submit the item link and the tracking # in superbuy so they can find your stuff. There's no sales tax and usually no shipping and you can select the coupons you want. I had a pair of pants make it to the sb warehouse almost 24hr after ordering, and another 24hr after entering my shipping info and item link in sb, it showed up in my account with free (non hd) pictures of the item. Then I cried putting together the shipping parcel lol.
This is a good way to dodge the sales tax and hold items for longer. However then you're at the mercy of the shipping costs (but you do have more options for delivery lines and you can customize how you want your items packaged too). The taobao warehouse will really throw everything in there, probably in a poly envelope.
The taobao shipping rates are 90yuan for the first .5kg and 48 yuan per every .5 after which is very competitive even after accounting for volumetric weight. Sb ems starts at 186 for the first .5kg and 61y every .5kg after. Of course rates and terms are subject to change with the times.
I had a package that came in at 277g when I measured it at home but I was charged for 1.6kg. After sending in the package images they refunded 144yuan (the true volumetric weight was about .97kg.) Taobao volumetric calculation is lxwxh (cm)/6000. Timeline wise I submitted 8/16 and received 8/28 although I think because it was so light they used epacket/china post because it was not an EMS tracking # big sigh. Still less than 10 days can't complain.
Hope this helps! I'm sure I missed something on this guide so feel free to leave any questions and I will update the post accordingly. Apologies this is very us-centric, I also cannot comment on getting a refund or exchange from sellers before you ship out but there is now english support (albeit a bit wonky) through chat and aliwangwang+google translate can get you pretty far.
Ps: highly recommend using the app too as its easier to get chat messages from the seller. You can screenshot and upload images to Google translate to read the text.
submitted by yuchin to RepLadies [link] [comments]

Should i call the cops on my abusive fuck up of a mum

I 25F, have undergone abuse from my cunt of a mum for years. I absolutely hate her, and my dad has tried to file for divorce years ago but didn't because of my 18 year old sister and me. Something about keeping the family together.
Examples of things she'd do: -threw objects at me while I was asleep (I was in primary school) -when I was 6, she made me write the recipients name on an envelope. I wrote the address on the wrong side because I was fucking 6, and she locked me out on the balcony until I "ate the envelope". Yes, she really tried to make me eat it. -pulled a knife on me when I was still in school -whacked and punished me to make me use my right hand (I'm left handed)
My dad has become a very sad man because of her and I was always tempted to call the cops but was also afraid of what'd happen. Fast forward to when I started working, my dad decided to move the family into a huge house. He quit his corporate job to chase his passion of opening up a food stall, which affected the family income. My mum pays off the house mortgage and often tells us all that it's HER home. For every little thing we do, we get reminded that it's HER house. And I'm fucking sick of it. I used to contribute to the household expenses by giving my dad some money so he could spend it on whatever he saw fit as head of the family. I don't give the money to her because she is incredibly illogical and has fallen for multiple investment and forex scams. Due to this, she'd make a fuss and tell me I'm not welcome in HER house. I wanted to move out but felt guilty about leaving my dad with this bitch. Also, I got retrenched during covid, so have no choice for now.
Just a few minutes ago, I had a massive shouting match with her because she accused me of using her credit card for a phone purchase. I never have. The only phone I ever bought for myself was one I paid in cash for. I got really angry at her accusations and told her she's an abusive, manipulative bitch. But she refuses to admit it. Just keeps telling me I will go to hell for being so badly brought up - but she doesn't seem to see that she's the one who raised me.
I hate her guts and want to call the cops on her for the past abuse. Should I?
submitted by cranknugget to AsianParentStories [link] [comments]

Help!!! How to do forex from India?

Hello guys, can some one show me the right way to do forex ( other than INR pairs) from India. I have been doing a demo with a broker called pepper stone for the past 8 months and I have found reasonable returns with it on the demo and I now want to move to real account starting with $200. My question is most brokers accept deposit via any MasterCard or visa and that’s easy but what about the withdrawal will there be any problems in getting money from my forex account in to my india account. Then will there be a situation where the bank can block my transaction. Also any issues I will face with our govt regulations and taxation. People who have done this before please help ....
submitted by rofx to IndianStreetBets [link] [comments]

16yr old learning about finance

I've been watching many videos about finance and want to summarise it into a paragraph so other people can correct me and give tips. I just want to want to set myself up for a better future and maybe learn from others mistakes.
CC1. This is the most information I have about credit cards. You can credit card churn (for travel not cash back )when 18 which you need a credit score for. Having a low utilisation rate make credit score higher. Never miss payment-lowers. Don't close cards - lowers. Don't have 0% utilsation - lowers + chance of them closing card
CC2. Become an authorised user of an credit card for good credit score. (Can it be my sister and not my mum? - My mum has incredibly low credit score which I don't want affecting mine )
CC3. Manipulate your utilsation rate by paying the amount you owe before the statement day so on the statement date it says my utilsation rate is 7% and then pay that of before due date. (Can I use 70% of my limit then pay 63% before statement date bit by bit so it says my utilsation rate is 7%?)

Real Estate
I want to move out of my city and live in London and I heard of a term "House Hacking" which sounds exactly what i want to do but know very little about tax write off ,equity and other tax and mortgage stuff.

Saving
I'm going to build a 4 months living expense emergency fund and start putting money in a investing retirement account ISA where I invest into a index fund (S&P500 or Fidelty or Vangaurd) - First question I have is can I open these up when I'm 16 and if yes then another is do I need to have consistent income?

Multiple stream of income
I have heard most millionaires/billionaires have many streams of income. So to achieve this I am going to work so I am able to pay for initial investments and to start businesses. First income stream will be generated through my job which I will quit because I don't want to trade time for money for long. Second income source interest through saving account. Third source is investment, I want to invest in Forex (this is going to be a smaller part of my portfolio as its very risky and volatile). A bigger part of my portfolio is real estate. A lot of money is going to be in index funds. Lastly a scale able business (I don't really know a lot but would like to know a lot more.) Oh I forgot, I also want to be a youtuber and instagrammer as they have many benefits like affiliate marketing through links and they also get sent a lot through sponsorships.
Please answer my questions using subheadings.
submitted by v7ut1k to UKPersonalFinance [link] [comments]

I will be moving abroad and would need to spend a lot of money until I can set up a bank account there. What is the best way to optimize for a good exchange rate and merchant transaction costs?

More specifically, I'll be moving to the UK soon. Unfortunately, to set up a bank account, I'd need to rent a residence and to rent a residence I'd need to spend my money wisely at a good forex rate. To understand the problem more, I did some google-fu and realized that the solution should account for a few things.
- I need to use a service that is / can be attached to my Indian bank and can provide card banking facilities abroad with at a near-wholesale currency exchange rate. I want to avoid using cash-based transfer services there (eg: like what western union is usually used for).
- The service should also have the lowest possible transaction charges applied. Are there services that provide 0% markup on foreign merchant transactions or ATM withdrawals?
The service again, is just a temporary solution until I can set up a proper account abroad. I did discover that a forex card service can be used (Like Makemytrip's HDFC Prepaid), but I'm a bit nervous on understanding how it this actually works or if there's a hidden catch. I hope I can learn more about this.
This community has been super helpful with me so far, so thank you!
submitted by movingtolondon101 to india [link] [comments]

I need help convincing my friend that IM academy is not the way

Recently my friend has been posting all over his stories about getting people into forex and how he's in IM academy and all the advertisement that you can make money and it'll change your life.
I did a ton of research on it and turns out, bam it's an MLM and pyramid scheme that's just ripping people off. Now note that I've never known anything about forex or trading at all prior to this and even I could tell it's just garbage. He however won't listen to me no matter what I say. I even got multiple other friends to try to explain to him that it's a pyramid scheme but he's too far sucked into it and won't realize it. I'm practically losing a friend over this and he won't listen to me no matter what.
He even tried telling kids that if their parents don't let them sign up for the academy, they can just get a visa gift card without their parents knowing and sign up for the academy when it literally costs $300 monthly. I just don't know what I can do anymore. I guess I want to try to show him this thread to get him to realize he's being practically brainwashed but it might be too late. is there anything I can do?
I'm also thinking of learning forex through babypips and other free sources myself because it looks like an interesting start into trading and just expanding my knowledge. I also want to show him he doesn't need these trade house garbage academies. So guys, what do I do?
submitted by 1sunday to Forex [link] [comments]

3000RMB vs 3000USD

Recently there’s a heated debate around the topic of the buying power of 3000 USD and 3000 RMB in USA and China. And how the results are related to the daily life of each nation’s citizens. Thus, I am here to analyze the difference of buying power between 3000 USD and 3000 RMB.
First of all, the situation here is actually more complicated than one might think, 3000 USD as of current translates to 20758.50 RMB on forex. Which is why just simply straight up comparing the two isn’t by any means fair. A fairer topic of discussion would be the difference of buying power between the average citizen of the two nations. However, criticizing the topic doesn’t mean I won’t give this topic a fair analyzes.
What would life look like with 3000 USD in America and 3000 RMB in China?
Well, first of all we need to settle on a city for comparison, America have 50 states while China have 23 provinces. The prices change dramatically between city to city, state to state, province to province. Thus, for the sake of fair comparison, we will compare Shang Hai to New York. Both are the cities with the most amount of GDP per capita with in their nation. However, once again for the sake of fairness a note had to be made here, Shang Hai have a significantly larger population, and a much lower GDP per capita.
To make the comparison, I will make a budget living plan for both NYC and Shang Hai. The living plan will include health care, telephone bill, rent, food, electricity & hydro, and transport. The budget won’t include furniture or clothing as they aren’t something which is bought monthly.
New York:
- Housing (1,100$): According to renthop.com (https://www.renthop.com/average-rent-in/new-york-city-ny), the average 1 bed room rent ranges from 2650-3550dollamonth. According to rentcafe.com (https://www.rentcafe.com/average-rent-market-trends/us/ny/manhattan/), the average rent over all reaches a astonishing 4,208 dollamonth. Thus, to make a functional housing plan requires a bit more thought put into it.
After a bit of searching, I am able to find a 1,100-dollar living space, the downside being having to live with 3 other roommates. (https://www.apartments.com/common-robinson-new-york-ny/5r6bl3n/)
- Health care (500$): Unfortunately, I am denied access to the health care market place for New York city because of my non-New York IP. (https://info.nystateofhealth.ny.gov/) However, individual researches tells us that the average new yorker spends a 6,335$ on health care annually. So averagely the health care spending per month would be roughly 500$.
- Transport (127$): A unlimited monthly metro card in New York is 127.00$. (https://www.tripsavvy.com/new-york-city-subways-and-buses-1612185#:~:text=New%20York%20City%20subway%20fares,fare%2C%20which%20is%20half%20price.) However, it’s worth mentioning that the New York public transport system is know to be inefficient, dirty and overall problematic.
- Water & electricity (263.84$): So on average the newyorker spends 173.84$ on electricity (https://patch.com/new-york/larchmont/here-s-how-much-utilities-cost-new-york-residents)
Combining data from NYC government (https://www1.nyc.gov/site/dep/pay-my-bills/how-we-bill-you.page) and the average water usage of American house holds (http://www.keyportonline.com/content/4031/4050/4243/4371.aspx#:~:text=The%20average%20person%20uses%20from,2%2C430%20cubic%20feet%20per%20person.), the average cost of water will be around 90$.
- Communication (75$): the average cell phone cost in New York is 75 dollar per month. (https://stefanieoconnell.com/much-need-live-new-york-city/#:~:text=Cell%20Phone%3A%20%2475%2Fmonth,be%20had%20in%20this%20category.)
- Food (750$): food cost ranges person to person, epically considering America’s insanely high diabetic rate of 36%. (https://www.cdc.gov/media/releases/2017/p0718-diabetes-report.html) Thus the cost of food is mostly up to estimations. (https://green-mart.us/product-category/beverages-mixers/) is a good place to start. After some calculation, if I were too cook myself, the average cost would be around 20$/day. While if I were to eat out all month, the price would in increased to 36$/day according to traveling websites. Thus, we take the average and get 25$ per day. 25X30 and we get 750$ spent on food.
The final cost would be 2815.84, which lefts us with 185 dollars for dealing with emergencies. We would be eating just fine. However, with this budget, one is stuck to living with 3 other roommates and having to use the terrible New York public transit every single day.
Shang Hai:
- Housing (1400$): Due to the large population base, we don’t have an exact number on the average rent. However, that won’t stop us from making a budgeted living plan by finding houses online for rental. (https://sh.zu.anjuke.com/fangyuan/1483960300806147?isauction=2&shangquan_id=22039&legoFeeUrl=https%3A%2F%2Flegoclick.58.com%2Fjump%3Ftarget%3DpZwY0ZnlsztdraOWUvYKuaYYrH0Yrjc3ridBnHDQsHELnWDVrHDvnidhPA76uWKWuW9YrjmKPH9dnWELnHDvP1EvPjEKTHDYrjnOPWT1njT3njmQPj0KP10knTDLP1TkTHD_nHTKn9DQPHb3njN3njnYrjT1THcKwbnVNDnVENGssXXMMSpcfzLMoufG9cM-BFxCCpWGCUNKnEDQTEDVnEDKnHcOPWbLPjnYn1ndPHNQrjbLP9DvTyGGmNI-rWDknjKxnHNknTDQTHc3m1EvuWNYsyNzPj0VPjDvPaYOuWbvsynkmyPhuHFBnHR6rEDQnWbvrH0Yn1E1Pj9dPHnknHDzTHDzrHmOP1E1PjnYnHTkPjEOnW9KTEDKTEDVTEDKpZwY0Znlszq1paOlIiO6UhGdpvN8mvqVsvu6UhIOIy78sLGJnHTzsk7jE1PjrDNvnBdDnYD1sNNknbDVwHEQPidDPNPanDnYP1RjPDDKP1T8P1D8nHTdsWEzTHTKnTDKnikQnE7exEDQnjT1P9DQnjTQPWmdTH7hm1TQuWbYsHTvrAmVPj93uBY3nAEYsHwWmW9YPjTzmhmzrEDKPTDKTHTKnBkQPjDQsjcznjnOTHDKUMR_UTDYP16BmyDOPHEYnWuBPWPb&lego_tid=1fc01f94-068f-488f-80d4-4cb84402bf29&from=Filter_2&hfilter=filterlist) Here’s a very lovely house I’ve found for 1400, you get to not only live alone, but it also comes with your own kitchen and bathroom. And it’s also insanely close to the public transport system.
- Health Care (20$): The annual fee is around 250$ for health care in China.
- Transport (100$): Since the month pass got canaled, transport fee depends from person to person. Assuming we don’t work on the other side of the city, averagely 100$ would be spent per month.
- Water & electricity (200$): Judging from official numbers (https://www.sohu.com/a/296444679_667422)
The cost would be around 200$ maximumly for a single person.
- Communication(38$): you can get a cell phone plan for 18$ (https://zhidao.baidu.com/question/1767039690840279060.html) being generous we will go with the 38$ plan.
- Food (900$): Food cost in Shang Hai is a very hard number to measure. Assuming we are going full luxury, 900$ would get you covered for a month.
The total cost would end up around 2620$. With 380$ to spare. And not only do you get an entire apartment all to your self, you also get plenty of money left over to spend.
Now this comparison can be unfair due to the population of Shang Hai and New York, but it’s still astonishing how despite dollar being almost 7 times more valuable than yuan, yuan still holds just as much purchasing power in China. Not only do you get apartment all to yourself in Shang Hai (unlike newyork where you’ll end up with 3 room mates), you also save a lot more.
submitted by Bolshevik-Blade to Sino [link] [comments]

IS ____ AN MLM? SEARCH HERE. (MEGA THREAD)

For a quick, easier search - http://www.isthisanmlm.com/ has compiled this whole thread. Special thanks to u/SHIFTnSPACE. - This is now a part of the sidebar as a button widget!

What is an MLM?

Multi-level marketing (MLM), also called pyramid selling, network marketing, and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. ​
THIS LIST MAY CONTAIN COMPANIES THAT HAVE PREVIOUSLY HAD MLM BRANCH BUT MAY NO LONGER HAVE ONE.
If you see a company and are not sure that it belongs on this list, please reach out. I have compiled this list from the sources listed at the bottom along with input from community members. This list may not be 100% accurate but the goal is to get it as close as possible.
31 - Bags
5Linx - Home & Business Services
Abby & Anna - Clothing
ACAN Pacific - Utilities
ACN - Utilities
ActiLabs - Skincare/Health
Adornable.U - Accessories
Advocare - Dietary Supplements
AeroGrow - Garden Tools
Agnes & Dora - Clothing
AIM Global - Nutritional Supplements
Akasuka (Japan) -
Alcone - Beauty
Alice's Table - Flower Arrangement Classes
All'asta - Home Goods
Allysian Sciences -
Aloe Vera of America (Young Living) - Nutritional Supplements
Aloette - Beauty
Alphay Int - Nutritional Supplements
AlureVe - Skincare/Health
Amare Global - Nutritional Supplements
Ambit - Utilities
Amelia James -
Ameo - Essential Oils
American Income Life - Financial
Amsoil - Motor Oil
Amway - Health/Beauty/Home Goods
Ann Summers - Product
Ann Summers (UK) - Adult Novelties
Anorak (UK) - Home Goods
Anran (China) -
Apollo (India) - Juice
Apriori - Skincare/Health
AquaSource UK - Nutritional Supplements
Arbonne - Skincare/Health
ARIIX - Water Purification
Arsoa Honsha (Japan) - Fitness/Weight Loss
Asea Global - Nutritional Supplements
Asirvia (shut down) - Marketing
Aspire/Digital Altitude - Marketing
ATC Coin - Crypto Currency
Athena's - Adult Novelties
Atomy - Skincare/Health
Ava Anderson -
Ava Rose - Clot
Avisae - Weight Loss
Avon - Beauty
b:hip Global - Health
Bachar Nutrition - Nutritional Supplements
Bamboo Pink - Jewelry
Barefoot Books - Books
Bath.Ologie - Bath Bombs
Beach Body - Fitness/Weight Loss Videos
BearCereju (Japan) - Cosmetics
BeautiControl -
Beauty Counter - Cosmetics
Beauty Society - Beauty
beCAUSE Cosmetics - Cosmetics
Become International (US & AUS) - Cosmetics
Bedroom Kandi - Adult Novelties
Beever (UK) - Hair Care
BelCorp (Latin America) - Cosmetics
Bellame - Skincare/Health
Bemer - Appliances
Better Way Design/Imports - Clothing
Biogreen Argentina -
BioPerformance - Automotive (Fuel Pills)
Bod-e Pro - Nutritional Supplements
Body by Vi/Visalus - Health
Body Shop at Home - Beauty
Boisset Collection - Wine
Boston Finney (shut down) -
Bounce Life/Network - Insurance
Bud Star (Canada) - CBD/THC Products
BurnLounge (shut down as pyramid scheme by FTC in 2012) -
Buskins - Clothing
Butterfly Beauty - Cosmetics
Cabi - Clothing
Cambridge Weight Plan/Diet - Dietary Supplements
CAN - Utilities
Captain Tortue - Clothing
Carico Int - Home Goods
Celebrating Home - Home Goods
Cellements - Skincare/Health
CEO Movement (Not MLM but scammy) -
Chalk Couture - Chalkboard Signs
Chalky & Co - Home Goods
Chandeal (Japan) - Clothing
Charle (Japan) - Clothing
Charlie's Project - Clothing
Chef's Toolbox (AUS) (Insolvency) - Kitchen Accessories
Cherish Natural Products -
Chloe & Isabel - Jewelry
Clever Container - Home Goods
Close to My Heart - Scrapbooking
Cloud 9 Parties - Adult Novelties
Cobra Group/Appco -
Cocoa Exchange - Food
Color by Amber - Jewelry
Color Happy -
Color Street - Nail Wraps
Colour Me Beautiful (UK) - Clothing
Compelling Creations - Jewelry
Conklin - Roofing
Cookie Lee (shut down) -
Cosway (Malaysia) - Health/Beauty/Home Goods
Country Scents - Product/Candles
Create Your Life - Health
Creative Memories - Scrapbooking
Credit Repair USA - Financial
Crunchi - Cosmetics
Cutco - Knives
CVSL - Multiple Companies
Daisy Blue Naturals - Personal Care
Damsel in Defense - Product/Self Defense
Darceys - Candles
David Lerner Associates, INC - Financial
Dazzle and Daze - Clothing
Deutsche vermögensberatung/Dvag (Germany) - Financial
Diana (Japan) -
Dione Cosmetics - Cosmetics
Direct Cellars/DC Nation - Wine
Discovery Toys - Educational Toys
Divvee/Nui -
Dot Dot Smile - Clothing
DoTERRA - Health/Oils
Du Northing Designs - Clothing
Dubli Network - Financial
Dudley Beauty - Cosmetics
DXN - Health/Beauty/Home Goods
Dynamic Essentials -
EcoWarehouse - Home Goods
Elepreneuer -
Elk River Soaps - Personal Care
Ella Tina - Clothing
Elli Kai - Clothing
Elvacity - Nutritional Supplements
EmGoldEx/Global Intergold -
Enagic/Kangen Water - Ionized Water
Endless Xpressions - Clothing/Accessories
Enersource Int - Nutritional Supplements
Enjo (AUS) - Cleaning Producs
Envy Jewelry - Jewelry
Epicure (Canada) - Food
Equinox International (dissolved in 2001) -
Ergo (Germany) - Insurance
Essante Organics -
Essential Bodywear - Clothing
European Grouping of Marketing Professionals/CEDIPAC SA (dissolved 1995) -
European Home Retail (dissolved 2007) -
Evanescence Network - Health
EVER Skincare - Skincare/Health
Evolution Travel - Product
EvolvHealth - Health
Faberlic (Russia) - Health/Beauty/Home Goods
Family First Life - Insurance
Family Heritage Insurance - Insurance
Fantasia - Adult Novelties
Fantasia (Canada) - Adult Novelties
Farmasi -
FES Connect - Financial
Fibi & Clo - Footwear
Fifth Ave Collection - Jewelry
First Fitness Nutrition - Dietary Supplements
Fit4Mom - Clothing
FITTEAM Global - Dietary Supplements
Flamingo Paperie - Art
Fleuresse -
FM World (UK) -
For Tails Only - Pet Supplies
Forever Living - Health/Oils
Forex Education (iMarkets Live branch) - Crypto
Forex Entourage - Financial
Fortune Hi-Tech Marketing (dissolved 2013) -
Four Oceans - Health
Fragant Jewels - Bathbombs
FreeLife - Nutritional Supplements
Frontrow -
Fuel Freedom Int - Automotive
Fund America (Bankrupt 1990) -
Gano Excel - Nutritional Supplements
GelMoment - Beauty
Gemstra - Jewelry
Genesis Pure - Nutritional Supplements
Global Legacy Initiative -
GoDesana - Pet
Gold Canyon - Product/Candles
Golden Days (China) - Health
Grace & Heart - Jewelry
Green HoriZen - CBD
Greeting Cake Company - Cake Kits
H2O At Home - Personal Care
Hale - CBD Oil
Hanky Panky Parties (Canada) - Adult Novelties
Happy Coffee - Coffee
Harvard Risk Management (Legal Shield) -
Hayward's Gourmet Popcorn - Food
HB Naturals - Health
He(L)o - Health
Healthy Peach - Dietary Supplements
Heavenly Chia - Food
Heka Corp - Fitness
Helo Wristbands - Health
HempWorx - Health
Herbalife - Health
Heritage Makers - Scrapbooking
Hinode - Cosmetics
Holiday Magic (shut down) -
Home Interiors - Home Goods
Honey - Beauty
Honey & Lace - Clothing
Hualin Biotech (China) - Health
iCoinPro - Crypto Currency
ID Life - Health
Igniting Passion (Canada) - Adult Novelties
iMarketsLive - Financial Trading Software
Immunotec - Health
Imperial Candles (UK) - Candles
In a Pikle - Bags
Income Advantage -
India Hicks - Product/Accessories
Infinitus - Health
Initials, Inc - Bags
Inkd Up Nails - Beauty
innov8tive nutrition - Nutritional Supplements
InteleTravel - Travel
Intimo (AUS/NZ) - Adult Novelties
Isagenix - Dietary Supplements
ItWorks! - Health
J. Elizabeth - Clothing
J. Hilburn - Clothing
J.R Watkins -
Jafra - Beauty
Jamberry - Beauty
Jamby - Clothing
Jamie at Home (shut down) -
Janice Collection - Home Goods
Java Momma - Coffee
Javita - Coffee
Jbloom - Jewelry
Jequiti - Cosmetics
Jerky Direct -
Jeunesse - Beauty
Jewel Kade (31) - Jewelry
Jewelscent - Product/Candles
JK Apparel (Canada) - Clothing
Jordan Essentials - Beauty
JoyMain (China) - Health
Joyome (Plexus) - Beauty
JuicePlus - Nutritional Supplements
Jump Natural - Health
Kaesar & Blair -
Kalaia - Skincare/Health
Kalo & Co - Pearl/Jewelry
Kangen Water -
Kannaway - CBD Oil
Karat Bars - Gold
Kaszazz - Scrapbooking
Keep Collective - Jewelry
Keep Me Safe - Cos
KETO (Pruvit) -
Keto Coffee - Coffee
Ketones - Health
Kirby - Vacuums
Kleeneze - Home Goods
Kobold (Vorwerk) -
Kyani - Health
Labella Baskets - Home Goods
Lady Godiva Beauty - Cosmetics
Lavylites - Beauty
L'BRI - Beauty
LeadUp Consulting -
Legal Shield - Legal Services
LegArt (Canada) - Leggings
Legend Age (China) -
Legging Army - Clothing
Legging Girl - Clothing
Lemongrass Spa - Beauty
LeReve (Canada) - Cosmetics
Le-Vel (Thrive) - Health
Lia Sophia (dissolved) - Jewelry
Life Abundance - Pet
LIFE Leadership - Financial
Life Tree World - Food
LifeBrook -
LifePlus (US/Germany) - Dietary Supplements
Life's Abundance - Pet Supplies
LifeVantage - Dietary Supplements
Lilla Rose - Jewelry
Limelife - Skincare/Health
Limu - Health
Limu - Nutritional Supplements
Linen World - Home Goods
Lion Crown -
Lipsense - Beauty
Liv International - Travel
Live Sore - Clothing
Longabeger Company - Baskets
Longrich (China) - Beauty
Lorraine Lee Linen - Home Goods
Love Winx - Adult Novelties
LR Beauty & Health - Beauty
LuLaRoe - Clothing
Lulu Ave - Jewelry
Luminess - Cosmetics
Lyconet/Lyoness -
Lyoness - Financial
M. Global (Jamberry) - Jewelry
M. Network - Nutritional Supplements
Maelle Beauty - Beauty
Magnabilities - Jewelry
Magnolia & Vine - Jewelry
Makeup Eraser - Cosmetics
Man Cave - Kitchen Accessories
Mannatech - Dietary Supplements
Mark. - Financial
Market America - Health/Beauty/Home Goods
Marly Ray - Pearl/Jewelry
Marvelous Mouse Travels - Travel
Mary & Martha - Home Goods
MaryKay - Beauty
Maskara - Beauty
Matilda Jane - Clothing
Max & Madeleine - Skincare/Health
Maxwell Clothing - Clothing
MCA - Financial
Medifast - Nutritional Supplements
Melaleuca - Health/Beauty/Home Goods
Metabolife (dissolved in 2005) -
MiA Bath and Body (Closed) -
mialisia - Jewelry
Miche EU - Accessories
Miki (Asia) - Nutritional Supplements
MOA Nutrition - Nutritional Supplements
Modere -
MojiLife - Essential Oils
Monat - Hair Care
MonaVie (went into foreclosure 2015) -
Morinda Bioactives - Personal Care/Dietary Supplements
Motives Cosmetics - Cosmetics
Multpure - Water
My Club 8 - CBD Oil
My Daily Choice - Nutritional Supplements
My LALA Leggings - Clothing
myEcon - Financial
National Safety Associates - Dietary Supplements
National Wealth Center - Education
Natura (Brazil) - Cosmetics
Nature Direct (AUS) - Essential Oils
Nature's Sunshine Products - Dietary Supplements
Neal's Yard Remedies Organic - Beauty
NeoLife - Dietary Supplements
Neora (Nerium) -
Nerium - Skincare/Health
NeVetica - Pet Supplies
New Era (China) - Nutritional Supplements
New U Life - Health
Neways - Personal Care
Nikken -
Noevir - Beauty
Nomades - Jewelry
Noonday Collection - Jewelry
Norwex - Cleaning Producs
Nouveau Riche (real estate investment college) (dissolved 2010 -
Nspire Network - Feminine Products
NuCerity - Skincare/Health
NuSkin - Tooth Paste/Personal Care
Nutriboom -
NXIVM - Financial
Nygard - Clothing
Omnilife - Dietary Supplements
One Hope Wine - Wine
Optavia - Health
Opulenza - Jewelry
Organo Gold - Coffee
Oriflame - Personal Care
Origami Owl - Jewelry
Our Hearts Desire - Jewelry
Paid 2 Save - Travel
Pampered Chef - Kitchen Accessories
Paparazzi - Jewelry
Paperly - Paper
Park Lane Jewelry - Jewelry
Party Girl - Candles
Party Lite - Candles
Party Time Mixes - Food
PartyLite - Candles
Passion Parties - Adult Novelties
Pawtree - Pet
Paycation - Travel
Peach - Clothing
Pearl Chic - Pearl/Jewelry
Peekaboo Beans - Clothing
Perfect (China) - Cosmetics
Perfectly Polished - Beauty
Perfectly Posh - Beauty
Personally Poetic - Jewelry
PHP - Insurance
Pierre Lang - Jewelry
Pink Zebra - Candles
Piphany - Clothing
PixieLane - Clothing
Plexus - Health
Plumeria Bath - Beauty
Plunder - Jewelry
PM International - Health
Pola (Japan) - Skincare/Health
Poofy Organics - Beauty
Powur - Solar Panels
Premier Designs - Jewelry
Premier Financial - Financial
PrimeMyBody - Health
Primerica - Financial
Princess House - Kitchen Accessories
ProDoula -
ProYoung - Health
Pruvit - Health
Pulse Cosmetics - Cosmetics
Pure Haven - Cosmetics
Pure Romance - Product
PureHaven - Home Goods
PUREly - Essential Oils
Purium - Health
Qnet - Nutritional Supplements
Quanjian Natural (China) - Food
RadiantlyYou -
Rain International - Health
Rainbow Vacuum - Vacuums
Real Time Pain Relief - Health
Red Aspen - Beauty
RED Safety - Security
Regal Home and Gifts - Home Goods
Reliv - Health
Reliv - Nutritional Supplements
Renatus Real Estate - Education
RevitalU - Coffee/Health
Riway - Deer Placenta
Robert Kiyosaki -
Rodan+Fields - Beauty
Roland (Vorwerk) -
Rolmex (China) - Kitchen Accessories
Royal Tongan Limu (dissolved in 2003) -
Royaltie Gens - Marketing
Ruby Ribbon - Clothing
Saba - Health/Beauty
Sabika Jewelry - Jewelry
SafeGirl Security - Self Defense
Salad Master - Home Goods
SARSO (India) -
Scentsy - Health/Oils
Schneider's Gourmet World - Food
Scout & Cellar - Wine
Seacret - Beauty
SendOutCards - Gift Cards
Senegence - Skincare/Health
Shakeology (BeachBody) - Dietary Supplements
Shaklee - Dietary Supplements
Shopping Sherlock -
Shrimp & Grits - Clothing
Signature Homestyles - Home Goods
Silpada - Jewelry
Silver Icing - Jewelry
Simple Man - Personal Care
Simply Success Elite -
SimplyFun Games - Education
Skinny Body at Home - Dietary Supplements
SkinSanity/Tomorrow's Leaf - Skincare/Health
Smart Circle -
Smartway -
Solavei (dissolved 2015)[ -
Solvei (bankrupt) -
Sophie Paris (France/Asia) - Clothing
South Hill Designs - Jewelry
Southern Living at Home - Home Goods
SouthWestern Advantage - Education
Sseko - Clothing
Stampin Up - Paper
Steam Energy - Utilities
Steeped Tea - Tea
Stella & Dot - Clothing
Stream Energy - Financial
Style Dots - Jewelry
Success University - Education
Sun Hope (China) -
Sunrider - Health/Beauty/Home Goods
Sunset Gourmet - Food
Sunshine Empire (dissolved 2009) -
Surge 365 - Travel
Sweet Legs - Clothing
Sweet Minerals - Beauty
Symmetry Financial Group - Insurance
Syntek Global - Automotive
T.O.P Marketing Group -
TAG Team Marketing -
Taisei/Green Planet/Kaikisui (Japan_ - Purifiers
Tara at Home - Home Goods
Tastefully Simple - Food
Tavala - Health
Tealightful - Tea
Team National - Financial
TeDivina - Tea
Telecom Plus (UK) - Utilities
Telexfree (bankrupt 2014) -
The Advert Platfrom - Crypto Currency
The Body Shop at Home - Beauty
The Landmark Forum - Health
The Super Affiliate Network - Marketing
Thermomix (Vorwerk) -
Thirty One - Bags
Thrive - Health
Thrive Life - Food
Tiber River Naturals - Beauty
TKO WorldWide -
Tocara (Canada) - Jewelry
Tom James - Clothing
Total Life Changes/TLC - Health
TouchStone Crystal - Jewelry
Touchstone Essentials - Dietary Supplements
Tracy Negoshian - Clothing
Trades of Hope - Jewelry
Tranont - Financial
Transformational Beauty - Cosmetics
Travel Evolution - Travel
Traveling Vineyard - Wine
TraVerus Global - Travel
TriVita - Nutritional Supplements
Tropic Skin Care - Skincare/Health
True Peak Revolution (Europe) -
Truvision Health - Health
TS-Life - Nutritional Supplements
Tupperware - Tupperware
Unicity - Health
United Sciences of America (dissolved in 1987) -
United Warehouse (UK) -
US Health Advisors -
Usana - Nutritional Supplements
Usborne - Books
Utility Warehouse (UK) - Utilities
Valentus - Dietary Supplements
Vantel - Product/Pearls
Vasayo - Health
VectoCutco - Knives
Vemma - Dietary Supplements
viaOneHope - Wine
ViBella - Jewelry
VIC Cosmetics -
Vida Divina - Tea
Vie at Home (closed) -
Virtuity Financial Group (World Financial Group) -
ViSalus (Body by VI) - Dietary Supplements
Vitality Extracts - Essential Oils
VivaMK - Cleaning Producs
Volo - Health
Vorwerk - Home Goods
Votre Belle Maison (UK) - Giftware
Voxxlife - Health
Wakaya Perfection - Health
WakeUpNow (dissolved 2015) -
Watkins Inc - Health/Home Goods
Wealthperx - Travel
Wikaniko - Home Goods
Wildtree - Food
Willing Beauty - Beauty
Winasun - Health
Wine Shop at Home - Wine
Wines for Humanity - Wine
Wink Naturals - Health
World Financial Group/Pinnacle Leadership Development - Financial
World Leadership Group (dissolved in 2008) -
World Ventures/Wealth Wave/TKO WorldWide - Travel
WoTaBu - Travel
XanGo/Ziji - Health
Xerveo - Dietary Supplements
Xoom Energy - Utilities
Xooma - Weight Loss
Xstream Travel - Travel
Xyngular - Health
Yanbal Int - Jewelry
Yandi (China) - Nutritional Supplements
Yelloow - Beauty
Yevo (closed) -
Yofoto (China) - Health
Yoli - Health
Yoonla -
YOR Health - Weight Loss
Young Living - Health
Youngevity -
Younique - Beauty
YTB International - Travel
Zepter -
Zija - Health
Zilis - Health
Zinzino (Scandanavia) -
Zrii - Skincare/Health
Zurvita - Health
Zyia - Clothing
Zyn - Travel
TOTAL COUNT = 594 ​ This list will be continually updated (5/19/2020).
2018 Archived MLM Mega Thread

Sources: https://mlmtruth.org/2018/02/08/the-mlm-master-list/ , https://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies Special thanks to u/Copacetic1515 (I could not stick your thread)

For income disclosure information: Updated 2019 Thread

Other Helpful Links: Discussion about World Financial Group
submitted by antiMLMmod to antiMLM [link] [comments]

How to choose an eWallet for Forex trading?

Not so far ago I got the idea to start trading (especially Forex) as one of the ways to make money online.
I have researched tons of information about trading strategies, experience of "old" traders, platforms, so on. But at some point I realized that actually I had not found any information about deposit and withdrawal methods. Almost all broker companies provide a variety of deposit options, but how to find out the most profitable and safer to use?
I refused to use a bank card for a number of reasons, I will probably tell you about it in the next post. So I started to search for an e-wallet.
Also I noticed one interesting fact that many brokers show deposit methods only after opening an account, which also is a little disappointing.
After examining the most popular Forex brokers, I found out that among others Skrill, NETELLER, PerfectMoney, Transferwise and PayPawere appeared to be the most widely used. But I didn’t want to create accounts in each and every e-wallet.
I should choose between them and make a research to avoid high fees, low limits and cashouts to bank accounts with incredibly high % fees. But unfortunately even after examining a bunch of forum threads I haven’t found full and up-to-date information.
That’s why I decided to do an experiment and test some e-wallets by myself. I have started from Skrill and NETELLER as they were the most popular. Moreover they belong to the Paysafe group holding and guaranteed transparency, safety and easy to use services.
Registration process in both e-wallets is quite simple, but there were some difficulties with the account verification process. Skrill and NETELLER verification processes are almost the same, I’ve uploaded my ID card and waited for what will happen next.
At first reacted NETELLER, their support manager requested a live selfie, then Skrill’s support also requested the same thing.
I have passed this procedure, and after 5 hours Skrill requested a live selfie for the second time. I have done this and again waited for any changes on my account.
The next day Skrill blocked my account for no reason. I have tried to contact their support team several times and no answer… It seems to be quite impossible to get any reply. But I’m still hoping to get at least any answer.
With NETELLER it was going much better, my account has been verificated, but it took around 24 hours. Not the most fast service, as it seemed to be.
At that point i realised that it’s not the best idea to use NETELLER without VIP status, because withdrawal\deposit fees are not so low. And also there's a pitfall — be aware of currency conversion fees, NETELLER adds 3.99% to multicurrency transactions. So I don’t want to lose my money on fees and I will continue to find an optimal solution to deposit and share my experience with you, guys.
It would be nice to get a piece of advice from you about e-wallets, and if you will share your experience in using them for your transactions.
submitted by Nasaylenn to u/Nasaylenn [link] [comments]

5 Best Features of PrimeXBT in 2020

5 Best Features of PrimeXBT in 2020

https://preview.redd.it/6my3p5fd0gv51.png?width=1000&format=png&auto=webp&s=580cd88e1c69d0e2fdd9f0187c8f682159d77ea6
PrimeXBT is a cutting-edge trading platform that bridges the gap between the cryptocurrency and traditional asset markets, providing a range of advanced tools and features for the optimization of the way its users trade and invest.
As well as this, PrimeXBT provides a safe and secure environment that is fully compliant with AML and KYC, and that uses advanced bank-grade security features in order to protect the funds of its users.
We're taking a look at the 5 best features of PrimeXBT in 2020, beginning with a look at what PrimeXBT actually is and the growth of PrimeXBT, before looking at the top 5 features that users at the platform enjoy.
What is PrimeXBT?

https://preview.redd.it/caj1fufl0gv51.png?width=1000&format=png&auto=webp&s=de015bb00a8785dc43fa1e16c11838521acfe1e8
PrimeXBT is the world's leading multi-asset margin trading platform and after launching in 2018 with a waiting list of more than 150,000 traders, PrimeXBT has rapidly grown over the past 2 years to today managing up to $2 billion worth of global trade every day.
PrimeXBT's reputation is built around the provision of advanced tools and features that are unique throughout the market and that provide powerful opportunities for traders and investors to reduce the risk and to improve the outcomes of their trading activities.
PrimeXBT lists a wide range of cryptocurrencies and traditional assets, provides industry leading margin trading, and packs some of the most advanced security features used in the market into its platform as well.
The Growth of PrimeXBT
What Distinguishes PrimeXBT from Other Platforms?
While there are many trading platforms that provide margin trading in 2020, PrimeXBT provides a safer and more secure environment for cryptocurrency and traditional asset margin traders.
Unlike many other platforms which have been hacked over the past few years, PrimeXBT has a clean security track record and has never been hacked, protecting its users with advanced features.
As well as this, PrimeXBT is considered to be one of the most innovative trading platforms in the cryptocurrency industry, integrating a range of next generation tools and features into its services and providing new ways of trading and investing for the cryptocurrency market.
5 Best Features of PrimeXBT:
Lowest Fees of Any Major Crypto Platform
Since its launch, PrimeXBT has provided the lowest trading fees on the market with a flat rate of just 0.05% applied to all trades, irrespective of the size of the trade or the asset class being traded.
While some of the major trading platforms provide lower fees than the average, PrimeXBT's fees are significantly lower than any other platforms and up to 10 times lower than the most expensive platforms to use.
This has ensured that PrimeXBT’s traders and investors are able to minimize the cost of trading by using the platform, and to maximize the revenue that they generate in the market.
Powerful and Reliable Platform
PrimeXBT is a powerful and reliable platform that packs a range of professionally-engineered tools and technologies into its systems, ensuring that traders can engage with the market in the most effective way possible.
Perhaps the best example of this is PrimeXBT’s trading engine which is strong and robust and that can execute up to 12,000 trades per second with an average trade time of less than 7.02 ms.
By providing a combination of ensuring high liquidity on all trading pairs as well as providing powerful trading tools, PrimeXBT ensures that there is minimum slippage on the platform and optimal entry and exit points as well.
Covesting For Reduced Risk and Crypto Copy Trading
PrimeXBT provides access to the only form of copy trading available in the cryptocurrency space following the integration of covesting into its systems in a partnership with leading crypto copy trading platform, Covesting.io.
Covesting allows traders and investors to partner together and to collectively maximize their safety in the market while reducing risk and improving the collective outcomes in the process.
Covesting is a revolutionary new way for cryptocurrency traders to engage with the market and is one of the fastest growing trends in 2020.
AML/KYC Compliance for Safe Trading
PrimeXBT uses Bitfury Crystal's AML compliance software and blockchain monitoring tool set on all incoming transactions to the platform in order to ensure full AML compliance and safety for all users on PrimeXBT.
PrimeXBT also restricts citizens from problematic jurisdictions with users confirming their country of residence in order for KYC compliance throughout the platform to be achieved.
Using this system, Primax PT not only ensures that it is fully AML/KYC compliant, but also that it is able to monitor and manage transactions that may be fraudulent in real-time throughout the platform.
Widest Range of Assets in the Market
One of the major draw cards of using PrimeXBT is that it provides one of the widest ranges of different assets in the market with a range of leading cryptoassets as well as some of the world's top traditional assets as well.
PrimeXBT lists a range of cryptocurrencies that include BTC, ETH, XRP, LTC, and EOS, as well as a range of traditional assets like stock indices such as the S&P500 and FTSE100, forex pairs such as USD/EUR and AUD/CAD, and commodities such as gold and oil.
Traders and investors are able to use PrimeXBT as a bridge between the crypto assets and traditional asset markets, reducing the cost of trading between them, as well as dramatically increasing the efficiency of multi-asset trading in the process.
What is the Future of PrimeXBT?
In a very short amount of time of just 2 years, PrimeXBT has gone from launching with a waitlist of more than 150,000 traders to today managing up to $2 billion worth of global trade every day.
If the trajectory of growth for PrimeXBT continues it will no doubt see the platform expanding into a range of different areas of online financial trading, and will see the platform become one of the largest trading platforms to ever be in operation.
Over the past 2 years, PrimeXBT's reputation has only grown in strength and we would expect to see this continue as it integrates more safety and security features into its services and increases its compliance with AML and KYC globally.
In Conclusion
PrimeXBT has grown to become one of the world's leading crypto trading platforms, and provides access to some of the world's leading cryptoassets as well as many of the world's leading traditional assets as well.
PrimeXBT has provided a range of different advantages to its uses, with these essentially boiling down to powerful opportunities for more success in global markets as well as increased security and safety in comparison to other platforms.
If you would like to learn more about PrimeXBT, and about the tools and features available on the site, check out this link.
submitted by benebit to CryptocurrencyICO [link] [comments]

My partner is considering investing our money in World Financial Group Products. Help.

Last week, my partners ‘friend’ wanted to catch up via a zoom call. Which was very odd and already had my spidey senses tingling. I was eventually asked to join the call so he could “go over some stuff with both of us.”
I instantly wrote a note saying “hard fucking no if this is amway, forex, primerica etc.” Turns out it was World Financial Group. At least my spidey senses were on point.
There was a long boring spiel about credit card debt and retirement and doing smart things with money and future goals. To be honest, I immediately checked out because I am vehemently against anything MLM.
So is my partner. ....Mostly. They have no interest in being recruited to do sales but they’re interested in investing money with someone they trust.
And there’s the crux - I’m pretty sure my partner would trust this person with their life. And it’s putting weight behind the idea that we should invest our money with someone known and trustworthy, not just some stranger at a bank.
I do not share this view and I’m terrible at arguing on the spot. I don’t know enough about investing or life insurance to come up with a convincing argument about how we can do better with our money. The product pitch was so vague I have no idea what to compare them to.
I’ve taken a stroll through antimlm but I’m having trouble finding decent info on the WFG products instead of the recruiting side of things.
We have no debt besides a very manageable 200k left on our mortgage. What we do have are some RRSPs, a TSFA and a decently sized rainy day fund of ~50k.
My fear is that our rainy day fund is largely going to disappear into WFG and never come out and I desperately need some resources to help convince my partner that we can do better with our money. I need to have all my argumentative/logical ducks in a row before my partner takes the follow up call.
Does anyone have decent resources about WFG / what a better route would be?
EDIT Thank you everyone for your all your comments and advice. All the resources provided were very helpful. We will be looking elsewhere to invest our money.
Not today WFG. Not today.
submitted by TheSouthernPinwheel to personalfinance [link] [comments]

is juicedio legit? yes.. here is why its the best group

is juicedio legit? yes.. here is why its the best group
After seeing good reviews on there trust pilot profile.. i decided to see what all the hype was about.
After joining and being greeted by multiple other friendly members, i was shocked on how much they had to offer. They have 3 main categories: collectibles, hypebeast and investments! This covers sneakers, stock trading, streatwear, bot restocks, real estate, art, sports cards, bot flipping, toys/funkos, crypto, forex, tech flips, EVEN cosmetics haha. If you can make money from something then, they had it... So the info is great for sure!
In terms of bots, its pretty solid, they got 100 free keys of easy cop boy and have monthly private buys with the shit bot and mango preme + others,,, they also have free rentals
Ontop of all this they have like 50-100 videos, which ive yet to watch but plan to! PLUS PLUS on all this they have retail backdoors, free proxy giveaways and free bot rentals that they do every week or so.
pic of there discord
Would recommend this to people who arent trying to pay resell on a group or just need a good cook group in general
submitted by Historical-Algae7736 to shoebots [link] [comments]

Most economical way of paying off student loan from overseas.

I searched through this subreddit and was surprised to see this hasn't been discussed at much length (or I am bad at searching).
I am living overseas in Canada and am being charged 3.5% interest on my student loan balance so I'd like to now start paying it off ASAP.
From what I can see there are a number of possible methods for paying off a student loan from overseas:
I put together a quick table summarizing my options, calculated at 07:00 EDT - 9/8/20. Some things to note:
Method Fee Send Amount (CAD) Recieve Amount (NZD) Notes
TransferWise $8.79 $891.60 $1,000.00
Western Union $0.00 $908.30 $1,000.00
Orbit Remit $0.00 --- --- CAD Not Available
XE $0.00 ? $1,000.00 Website Down
OFX $0.00 $887.67 $1,000.00
Credit Card $0.00 $896.33 $1,000.00
Credit Card $12.72 $909.05 $1,000.00 IRD Convenience fee included (1.42%)​
Direct Debit $0.00 $904.10 $1,000.00
I have a few questions:
Thanks!
submitted by middayjester to PersonalFinanceNZ [link] [comments]

[IC] Mill Max 0305 small GB in Toronto, ON, Canada

Edit: MOQ Met.

Edit 2: We are at 2040 now. Looking for one or two other people to hit the 2500 MOQ pricing point.

Placing the order soon.
I need some Mill Max 0305 for some upcoming boards. For Canadians it's cheaper or the same to order directly from Mouser than to join any Mill Max GBs. I need about 300, but the savings really kick in if you can hit the 1000 unit MOQ price and the free duty covered shipping that comes with it.
Canada Post is expensive and Toronto has a pretty big number of MK enthusiasts. If we do a local only group buy we can meet up (socially distanced) somewhere in the city and get everybody their sockets.
For 12,700 units or under, Mouser ships via USPS Global Priority Mail for just $8 USD. Since it's USPS and we're ordering a very small quantity, we shouldn't really expect any additional costs. Worst case scenario it'll be 13% extra for HST but that's highly unlikely. I've got a 0 ForEx fee credit card so we should get about the same exchange rate as what it shows on Google.
For 1000 units and over Mouser will ship to Canada for free, duty included in the price. Works out to be around $0.128 CAD per socket. It's slightly higher than what it'd be if we paid in USD, but it's worth it for the peace of mind. I've updated the table below.
Here's a price comparison table. Archetype GB includes shipping to Canada ($12.75), PP fees and an estimate of other overhead costs (1c per socket).
Quantity Mouser Direct (USD) Archetype GB (USD) This local GB (USD) This local GB (CAD)
140 (One 65%) $22.56 $25.63 $13.65 $17.92
280 (Two 65%) $37.12 $38.17 $27.30 $35.84
To keep things simple this will be for 0305 sockets ONLY. It seems like to date there hasn't been a board that has had problems with these.
I'd like to keep the quantity between 1000 - 1200 for this GB. Just 2-5 people max. Like I mentioned before it's locals only.
If you want 500 then I will get the other 500 and call it a day to make things even simpler. You can come pick up from me on the east end, or we can set a date and time somewhere more convenient in the city.
I'll be counting these by weight. I have a very accurate LB501 digital scale. You should still order 5 - 10% more than you need just to account for count / damage during installation.
You can pay me via Paypal and cover the fees, or you can pay me half up front in Interac EMT and pay the other half when you pick up.
I have lots of feedback here and at /ecigclassifieds. I've ran a similar local GB before for DIY flavors so I'm familiar with the process.
If there's enough interest I'll draw up the details and will post / contact you with more info.
submitted by SirTimmyTimbit to mechmarket [link] [comments]

How You Can Recover Your Funds on Binary Options

You most likely landed on this page because have lost some or a lot of money to binary options broker or binary options companies. You are probably thinking; "I was scammed on binary options, how do i get my money back?" "How to get money back from binary options" "Binary options refund" etc
Hiring a verified funds recovery expert, since this is the best way to recover your money from a bad binary options broker without wasting time and money. Don't toy around with you hard earned money by getting involved with a scam broker. Verified recovery experts are highly recommended.
How can I Recover my Funds on Binary Options?
Financial fraud continues to expand with Forex and binary options fraud. And this is a trend that has gained a lot of ground globally. A lot of people around the world are targeted each day. In many cases, they are novice investors who are unfamiliar with the markets and do not recognize that they are dealing with a bogus trading platform.
The fraudulent brokers rely on this lack of knowledge. Eventually, when the fraudsters finally decide that there is no more money to be had from the unfortunate target they cut all contact, the hapless investor begins to suspect that they have been scammed. But the good news is that you can now hire a verified recovery expert to help recover the lost funds.
Which is the Best Binary Options Recovery Service
So what exactly is a binary options recovery service? The nature of service they offer is pretty straightforward and easy to understand. They provide a solution for recovering money that’s been lost due to a binary options, forex, investment scam etc. There are some recovery services that also claim to hack social media accounts and to recover lost passwords. Usually, a fee is paid upfront (for taking the case) or a percentage of the recovered amount, or both in some cases.
The payment model varies depending on the website/service you’re choosing: sometimes you will pay them a time-sensitive fee (the longer they work, the more they get paid, even if they don’t recover any money) and sometimes you will pay only if they recover all or part of the amount you’ve lost. However, the initial fee is mostly always paid as administrative charges. It is advisable you only work with a verified recovery specialist.
How to Recover Your Funds on Binary Options Forex
You may be thinking; "How can I recover my funds on binary options?" Finding the so-called recovery experts may appear really easy. Since all you have to do in most cases is to sift through the comments section of any binary options related article. You are likely to see someone praising the professionalism and high success rate of such recovery services, or you can even find the representatives of the recovery company itself advertising and sharing contact information.
Online search is also an easy way of finding a binary options recovery service. But to ensure your safety, we recommend working only with one of the verified recovery experts. I have an important piece of information for victims of binary options scam, and people who have lost money to bad binary options trading decision. You can now refund your money within a short period of time.
How Can I Get my Money Back from a Binary Options Scam?
Binary options scam is all over the place in the recent time and due to greediness people fall victim daily to bogus promises. Out of 100% of people or companies advertising investment, just like 2% can guarantee the outcome. The rest are rodney stegall wannabe who just want to take your money. So think twice before bringing out your credit card!
This is also a signal to all regulatory authorities, including law firms to buckle up. This is one of the best and most informative binary options forex wealth recovery international service. All the solution you need to get your money back from binary options, forex, investment scam is a verified recovery expert.
submitted by HairyFunny8 to u/HairyFunny8 [link] [comments]

I used to trade only FOREX. I have since diversified into cryptocurrency for a less stressful approach. Anyone here interested in learning how to trade cryptocurrency and what steps you need to take?

As the title says, I used to only trade on FOREX. I have since diversified into cryptocurrency because FOREX was so stressful for me and I needed to have something that was a bit less news-job-report intensive to level it all out. You can't get away from charts and candles in crypto, but I feel like there are more long-term hold opportunities in the crypto space and I feel like longer-term investments are less stressful for me. I know this isn't 100% FOREX related, but since I do trade on FOREX, I feel like it has relevance in terms of the ways the spaces are similar.
First, the reasons I diversified. The main one that frustrates me is I feel like the cards are stacked against me in ways I have no control over. Exchanges can sell information about customer buy and sell points to bigger fish than me. The whales have way more information about what the public is doing than I do. Next, trading firms have access to news much faster than me. They can process announcements in microseconds. And lastly, countries do crazy things with their currencies and I just wasn't great at interpreting all the signs. I don't like my fortunes being tied to job reports and the decisions of a treasury secretary that doesn't take any input from me.
The above reasons pushed me to start trading longer term in FOREX. That's fine, there are plenty of long-term strategies that work. Most people will tell you that longer-term is safer, and so the shift didn't bug me that much. But over time, I felt like there were more currencies I was missing out on, so I started adding cryptocurrency into my portfolio.
For those of you that don't know much about cryptocurrency, it's basically a currency that is not controlled by any one person or government (or shouldn't be). It's money free from political corruption, free from bailouts, and free from big banks. It is also highly more volatile than FOREX. Gains and losses are measured in the 10% or 20% range per day. There's actually lots of money to be made day trading it, just like FOREX. But I chose to take a longer term approach for my peace of mind.
One of the things that I looked for when trading FOREX was to trade pairs where I could earn interest while holding it. Then when the pair appreciated, I could sell it for a gain plus the interest. Win win.
Right now, I feel like I found that in ADA (Cardano) crypto. ADA just opened staking (mining) capability last week, meaning that just by holding it you can earn 4.5%-5.5% on your coins (paid in coins, not in dollars). It's the most undervalued crypto in the market (in my opinion), and the fundamentals on it look really strong. It is doing everything I was hoping a FOREX pair would do and I think it's the best crypto investment right now, so I'm just filing it away as a 5-year investment. It's now 50% of my "overall" currency investments, including FOREX.
Anyway, that's my story. I wanted to share it in case anyone here was curious about Cardano in particular, and how it related to fiat currencies. I was super intimidated about crypto at first, but I am also a software developer with a lot of experience, and so I was able to make the transition quite well. I even started my own mining pool to earn more.
submitted by WiddleWhiskers to Forex [link] [comments]

Funding transferwise thru Peso Debit Mastercard

Hi there, just want to pool some reviews if anyone had an experience with this?
I verified my USD wallet (Multi-currency account) thru my payroll debit card - SecB for $20.
I got credited 979.48 pesos which is surprisingly low, not that I'm mad about it. just curious because people here attest to having as high as 8% of total fees for the conversion cost?
It also boggles me because SecB's USD selling rate today was 49.15 but mine was converted at 48.97.
Can anyone share their experience below as well? TIA!
Edit: Figured out using a mastercard currency converter that SecB didn't impose any bank fees for the forex conversion, what a time to be alive! https://imgur.com/ouItyMT https://imgur.com/DZznMip
submitted by hadalaboforlyf to phinvest [link] [comments]

UNIFICATION | $FUND | The Game Changer | The next big ONE.

https://unification.com/
Header:
You can visit and check my profile how much those early birds that read my post gained in my previous calls. There are others who called it first but I re-posted it for project awareness because they are still in low mcap before.
$xgm x5 $kai x4 $ring x2 $2key x3
Marketcap: 4.3 million
NO ICO NO PRIVATE SALES
IEO price: $0.06
https://support.probit.com/hc/en-us/articles/360031772931-Unification-UND-will-launch-IEO-with-ProBit-Exchange
Current price: $0.045
A little bit history;
Unification or $FUND started as $UND wherein they burned the 88% of their total supply (1billion) and undergo mainnet this past May 14th, swapped $UND to $FUND at 1:1 ratio and considered $UND as a testnet after swapping and, $FUND as their mainnet.
https://medium.com/unificationfoundation/the-unification-new-genesis-event-88-of-und-supply-destroyed-37fa56484396?source=collection_home---4------7-----------------------
Introduction:
Unification is a hybrid public/private blockchain that connects interoperating private WRKchains to a public Mainchain. Any independent entity can deploy useful scaled solution, via WRKchains and exchange data in closed environments. WRKchains can support any DApp/smart contract and may have their own native coin (or not), all while maintaining speed and scalability.
Technology:
Beacon - Beacons are the best choice for singularly maintained centralized databases that require an element of trust added
WrkChains - WRKChains are a Distributed Ledger Technology designed specifically for real-world enterprise and consumer adoption
TokenForge - TokenForge is Unification’s WRKChain infrastructure that allows for a consortium marketplace based on tokenization
My opinion:
For me, this token is such a vast industry. Unification created a solution for enterprises wherein if blockchain will be used in enterprise data operations, it will clogged the network because of heavy loads. And here they are, crafted the WkrChains, it is the fucking perfect solution that world needs. If I compare Neyma to Sergey, they are almost the same, who built the perfect blockchain/token to maximize the usability and scalability of blockchain. Also, Neyma the CEO of $FUND has connections to GOOGLE and RIPPLE.
Imagine, private companies, enterprises and Governments will start using WrkChains. As time passess by, $FUND will eventually grow higher and higher and higher.
They already have a working WrkChain named as "FinChains", it is a decentralized price oracle developed by Yellow, it is estimated to consume more than 500k to 1million $FUND a year.
Imagine, when the adoption phase begin, there are a lot of $FUNDS will be used in utility. I don't care what you say, but for me this project is belong to top 50cmc, for short 100m mc, x37 from here. Worst case is top 100cmc at 50m mc, x18 from here.
Don't missed out on this one. I highly suggest it to add it on your portfolio. If you missed out on LINK, NEO, UBT ico days. Here's your chance.
Tokenomics;
Explorer: https://explorer.unification.io/
Circulating supply : 93,851,203
Total supply : 120,000,000
Staking: YES
There are 49 million tokens currently at perma stake by the company to secure the network at 51% attack. This will be locked forever for the security of the network. This is equivalent to 1/3 of total supply.
Also, 10m $FUND will be minted each year that will bring the total supply at maximum of 210 million by the year 2029. But it will be locked and will only be used to sell for enterprises for utility usage and to pay for network tax (block rewards) it means, the more WrkChains will be deployed, there will be "DEFLATION" because it will be used by enterprises etc. If those 10million minted $FUND each year is not sufficient for enterprises, they have to MARKET BUY the $FUND tokens.
Good tokenomics tho.
Main Goal:
To deploy 100 Wrkchains this 2020
Partners:
Travala.com
INLAGS (Latin American Institute of Health) https://www.inlags.com/
BidiPass (https://bidipass.org/)
Alpha Chain (https://alphachain.com/)
Yellow (https://www.yellow.com/)
Beach Head (https://www.beachhead.com/)
Binance Info (https://info.binance.com/)
Deployment Partners:
Amazon Web Services
Google Cloud Platform
Microsoft Azure
Exchanges:
Probit (suggested exchange, NO KYC)
BitForex (suggested exchange, but low liquidity)
Binance Dex (Not a mainnet, needed to swap)
Digifinex
Bidesk (Not a mainnet, needed to swap)
Useful links:
1st enterprise to adopt WrkChains https://explorer.unification.io/transactions/8F0B166542C8E95ABCFFE35D8587E665149F65457AF5A41742010CE18143DCA4
An enterprise purchase of $FUND yesterday worth $21,000 for utility usage.
https://explorer.unification.io/transactions/F7A79321387AF875570E6F97BC7E909D092C9870B19E94AFCBD84ED5D7EDC268
Big Boss Capital as a Unification Validator https://endofthechain.com/big-boss-capital-is-live/amp/?__twitter_impression=true
Generation Crypto AMA Recap http://gcrypto.media/unification-ama-recap/
WrkChains detailed explanation https://www.youtube.com/watch?v=4hJmV5vdG2o&feature=emb_title
The Gem Hunters rated $FUND as Emerald Grade 3 https://www.thegemhunters.net/reviews
A superb review of $FUND by Blockfyre, Rated $FUND a score of B7. https://blockfyre.com/unification-fund/
tehMoonwalkeR added $FUND to his list. https://twitter.com/tehMoonwalkestatus/1265281813603250179?s=19
An interesting thread by other user https://www.reddit.com/CryptoMoonShots/comments/gn0j9v/the_birth_of_fund_moonshots_part_2/?utm_medium=android_app&utm_source=share
Telegram https://t.me/unificationfoundation
Telegram Ann: https://t.me/UnificationOfficial
Medium: https://medium.com/unificationfoundation
Twitter https://twitter.com/UnificationUND?s=09
Coingecko https://www.coingecko.com/en/coins/unification
Conclusion:
You can apply the law of supply and demand in this token. Wherein scarcity will happen and will boost the token's price a lot and also consider the 49m permanent stake which is 1/3 of the total supply. Which means only 71 million are in the circulation. If this will be listed to another 5 more exchanges, the demand will increase which will give a massive boost to the price. Plus, add those incoming WrkChains deployment which will use about an estimation of 500k to 1million $FUND per year for utility usage. Their main goal this 2020 is to deploy 100 WrkChains. Imagine the scarcity. It will be above the rest. They worked hard 2 years for this perfect solution. Silently working and here they are, going to make a name in the industry.
Try looking out for the flaws of this project. If you have any, kindly comment it here.
Post Scriptum:
Enjoy bagging this GEM as early as you can before it explode in corporations, enterprises and Governments and exchanges. This is my Ace card in whole crypto.
FUD and bash is accepted. If you're saying 4m mcap is too high. No it's not. It's still in it's infancy phase. Also screencap this, next year it will be a happy memory that you read this post and you will thank me in the future.
submitted by MasteRalph to CryptoMoonShots [link] [comments]

BrokerXP Reviews

BrokerXP Reviews

My perspective of How BrokerXP review help me and how can help you also.

In this review, we are taking a look at a trading platform that is used by traders all around the world. BrokerXP offers a varied range of financial products with competitive fees and an easy-to-use trading interface.
With advanced trading tools and charting features.

BrokerXP Slogan

BrokerXP Fees

If trading fees are important to you, then BrokerXP has you covered. BrokerXP offers low spreads that are available to all customers. For forex traders, BrokerXP has no fees at all, this means that you can maximize profits when trading currency pairs. The broker also offers a guaranteed stop-loss order which Is when clients get their stop-loss order rate guaranteed when setting a risk threshold in their position. BrokerXP also offers a 200:1 leverage ratio, which means that for every $1 in your account, you control $200 in the market. So if you are trading and don’t have much capital, you can still generate significant income as your profits can be multiplied by 200x. However, if you are a beginner then it is not advised that you use leverage on your trades. As profits are multiplied, so are losses. Before leveraging, learn the basics and trade using a demo account as this can stop you from losing too much money when you start trading actual capital.

BrokerXP Security

MT4 and BrokerXP have end-to-end encryption that secures trades and funds that are within the trading account itself. Imagine your trading account like a debit card, you wouldn’t put thousands of dollars in your debit card and leave it on a park bench. So when choosing what trading platform you want to go with, make sure that they take the security of your account and funds are serious as you do.
To find more answers please watch this video
https://www.youtube.com/watch?v=VyMdFz8Rh18

BrokerXP MT4

MetaTrader 4 is seen as the flagship trading platform, used by individual traders at home and large institutional investors alike. The platform is available on iPads, iPhones, Android phones, Android tablets, and just about any other web-enabled device. If you want to use the desktop version, instead of the web-app version, then you can download the desktop version and trade from the version. Once you’ve downloaded or loaded the platform, you can log in using your BrokerXP credentials. You can customize the charting interface, changing between light and dark mode, along with some other interface elements. Like with most online platforms, the security flaws come as a result of the customer not securing their side of things. This means that when you are trading, make sure to use long passwords that are difficult to guess and crack. Also, try and avoid trading on public computers as these can lead to your account being compromised.
On MT4 you will notice some phrases on the trading interface, here is some explanation of what they mean. When you see the Symbol tab, this means that you can choose between markets. BrokerXP offers many different trading asset options. You can trade forex, gold, stocks indices, and more. The volume tab is where you decide on your trading size. When you see 1 lot, this is equal to 100,000 units of the base currency. The Type tab is where you decide on your trade execution mode, we advise that you stick to ‘instant execution’ as this will place a trade as soon as your press ‘buy’ or ‘sell’. If you set a ‘pending order’, then the platform will make the trade when the market opens back up. The forex market is open 24/7, so this execution method will rarely be available. Stop-loss is another term that you may see on the MT4 interface, this means that your trades are exited when your profits hit a predetermined point.
Depending on what type of trader you are, the platform will offer you a specific set of charting timeframes that best suit you. For example, if you are day trading you may look at charts on a 10-minute timeframe. MT4 offers charting timeframes for 1 minute, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, and 1 month. You can also set custom timeframes in case the standard ones are not suitable for your trading technique.
Along with advanced timeframes, MT4 also offers 30 technical indicators such as the Elliot Wave indicator, Bollinger Bands, and pivot points, along with many more. There are also third-party add-ons that can be integrated with the platform in order to customize your interface further. Add-ons like Stealth Orders and Alarm Manager are two of the most popular addons. The first is an extension, Stealth Orders is designed to anonymize trades, with Alarm Manager helping coordinate alerts and notifications. With MT4, you can also create your own extensions using Java API, which is one of the platforms most advantageous features, as it can make everything unique.

BrokerXP Mobile Trading

The MetaTrader 4 mobile app is designed with the main focus being on ease-of-use. The mobile app is packaged with lots of research tools, advanced charts, and watch lists for scanning, with many more features.
When using BrokerXP’s mobile trading app (MT4), the look and feel of the mobile app have the same appearance as the web version. This means that if you know to operate the web-based platform, then the mobile app will be easy for you to grasp. With charting, you are given the same charts that are offered on the web app. However, due to the mobile screen being smaller, carrying out advanced forex analysis may be more difficult on mobile devices. But for making orders, setting stop loss or checking basic tasks, the mobile app is more than capable of doing so. The main benefit of using the mobile app is that you can make trades on the go. You no longer have to be at your computer or office in order to set trades. Let’s say that you make a trade at home then go grocery shopping. Whilst you are out you realize that you didn’t set stop-loss in your rush and your pair is depreciating when you check. Now, you can use your mobile to exit a position immediately, you don’t need to wait until you get home.

BrokerXP Customer Service

BrokerXP has a great dedicated customer service team, they are very professional and offer solutions to all of the problems that you could present them with. If you are a new trader, then you may encounter some problems when trying to get to grips with a new trading platform, so BrokerXP offers extensive educational resources. These educational resources are designed to help people familiarise themselves with the platform and all of the financial assets that are available to be traded on the BrokerXP platform. The MT4 platform also has a customer support team that is able to deal with any questions or issues that you are having on the trading side of things. MT4 also has a community section for traders, where questions about trading can get answered. A community forum is a great place for you to get tips about trading and non-essential things that the customer support team may not need to answer.
For customer service, you could read here and on this link.
To conclude, BrokerXP is one of the best choices for financial asset trading available.
Their low fees and advanced features make it perfect for beginners and pros alike.
For more reviews, you should visit official reviews on the website, Trustpilot and Sitejabber.
We highly suggest visiting also on Patch following links for more info and updated news
https://patch.com/california/los-angeles/calendaevent/20200929/898131/brokerxp-reviews-are-happening
https://patch.com/california/los-angeles/classifieds/announcements/171418/brokerxp-is-having-own-reviews-in-pacific-palisades
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How to Load or Request a NEW FOREX Card using Net Banking ... What is a Forex Card & How Does it Work?  फॉरेक्स कार्ड क्या है और यह कैसे काम करता है? Cash or Forex Card? 5 Things you need to Know about Forex Cards. - YouTube

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How to Load or Request a NEW FOREX Card using Net Banking ...

Hello friends, Is video me maine aap logon ko Forex Card ke baare me jaankari di hai ki Forex Card kya hota hai aur Forex Card kaise kaam karta hai. Yeh sirf ek introduction video thi jisme maine ... * What is Forex Card?: https://www.youtube.com/watch?v=agdl2zbE4X8 Note: On the official website of your bank you need to enter what type of FOREX card you n... 5 Things you need to Know about Forex Cards. Travelling Abroad - Looking forward to Take Money. Here are the list of 5 things you must know to make the best ... Forex Card Kya hai Forex Card or Cash Which is Better - Duration: 5:25. Intelligent talk with GG 22,517 views. 5:25. विदेश यात्रा और करेंसी ...

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