Read about foreign currency exchange services similar to MoneyForex, CMC Markets or ODL Securities Inc.. Controlled by NFA(US), FSA(JP) and OSC(CA). Compare fast downloads, palm computer friendly platform, a selection of educational tutorials or twenty four seven access, in the following languages: chinese, francais, espanol and arabic.
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Q: please define the "tariff"
Category: glossary
, Asked by: Cortez T. From Dublin, Ireland
A: "tariff " is A taxation imposed on goods and services imported into a country. Also known as a duty tax.
Governments generally impose tariffs to raise revenue and protect domestic industries from foreign competition caused by factors like government subsidies, or lower priced goods and services.
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Q: please tell me what the "open position" is
Category: glossary
, Asked by: Antoine D. From Waco, United States
A: An active trade with corresponding unrealized P&L, which has not been offset by an equal and opposite deal.
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Q: Which forex platform offers proficient telephone customer service line?
Category: general
, Asked by: Esmeralda O. From United States
A: We believe "EToro USA" is the one to consider if you're looking for a forex platform that gives the most polite help team - their support line is ideal, they are very responsive.
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Q: Will you help a guy who's in need of a site with secure certificates and regulations?
Category: technical
, Asked by: A. Delaney from Cork, Ireland
A: If you fancy a site with the most reassuring supervising certificates, you must definitely go to "EToro USA" - certificated and regulated by NFA, rest assure it's safe to deposit in this one.
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Q: please define an "open-end management company"
Category: glossary
, Asked by: V. Medina from United States
A: A company that distributes and redeems securities it issues. The most common open-end management companies are mutual fund companies which sell and redeem shares at the net asset value per share.
This is just a fancy legal name for a mutual fund. An investor in an open-end fund essentially pools his/her money with other investors in order to attain economies of scale, professional management, etc.
This differs from a closed-end fund which has a limited number of shares available. Unlike with open-end funds, an investor in a closed-end fund typically sells his/her shares on the open market to another investor instead of back to the fund company.
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Q: what is "in street name"?
Category: glossary
, Asked by: X. B. From United States
A: A brokerage account where the customer's securities and assets are held under the name of the brokerage firm, rather than the name of the individual who purchased the security or asset. Although the name on the certificate is not that of the individual, they are still listed as the real and beneficial owner and have the rights associated with the security.
It is more convenient for brokers to hold securities in street name due to the complexity of tracking each stock certificate to each individual. Almost all brokers hold securities electronically and all securities in a brokers name comprise their inventory. Any time a client needs to buy or sell stocks, the broker is readily able to allocate a portion of their inventory as required.
If brokers were to hold an inventory of paper securities, securities transactions would take more time. For example, if a client would like to sell their certificates, the broker would have to find the exact stock certificates owned by the client and send those securities back to the issuing company who would then change the names on the securities to that of the new owners.
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Q: Can you give me an advice for a fx web trading site with no commission charges
Category: money
, Asked by: Ayana Y. From Dublin, Ireland
A: We believe "AVA FX" is exactly the place if you look for a forex platform that has the smallest commission - no commissions are mandatory in this one, the platform graphics are the highest quality of, the customer service is fantastic, and also you can start with relatively low deposits - from $100.
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Q: please define the "defined contribution pension plan"
Category: glossary
, Asked by: Aden F. From Salzburg, Austria
A: A pension plan in which benefits are dependent on contributions to and the growth of the pension fund.
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Q: Would you refer me to a forex site that's known for its long time experience of working the industry?
Category: general
, Asked by: Q. U. From Monte-Carlo, Monaco
A: We think "Global Forex Trading (GFT)" is the right place for you. A rising retail forex specialist established on 1997, Global Forex Trading (GFT) works out of Ada, Michigan. Global Forex Trading (GFT) is regulated by CFTC, NFA (USA), ASIC (Australia), FSA (Japan) and FSA (U.K.).
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Q: How do I know which certificates are reliable?
Category: technical
, Asked by: Mara D. From Tallahassee, United States
A: The best way is to look for an online fx platform that's licensed by recognized organizations, such as cbot, cme or nymex. Whenever it says a platform is regulated and certificated by cbot, cme or nymex, be certain that it is among the more protected sites you can find. One of our most recommended online fx platforms as an example is "FX club".
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