A number of stores still accept the checks instead cash. Nonetheless, the forms of credit cards and debit cards have become a more preferred means of payment by travelers. Thus trading checks is hardly observed nowadays as there is seemingly a decreasing number of stores that offer this service.
Most of the businesses in Korea widely use and accept payment by credit cards, including at major hotels, department stores, and general shops. Visa, MasterCard, American Express and other credit cards can be used; however check the service availability before making purchases as some stores may not provide this service. When you need to exchange your foreign currency into Korean won, visit a bank or authorized exchange service center. Please be aware that money exchange of old currency may not be accepted at certain locations.
Make sure to check if banks or authorized exchange service centers accept old currency beforehand. Upon arrival, inbound travelers can easily convert their money into the local currency at bank branches and money exchangers located within the airport. The hours and locations vary by bank, so we recommend checking in advance; the standard hours of money exchangers are but some locations may operate until or Availability of language assistance depends on staff work schedule.
Upon arrival or before departure, travelers may exchange their currency and take care of other banking needs at the booths available at the airport. Apart from eating healthy food, a trader should drink abundance of liquid, which can be consumed either directly in the form of water or as fresh fruit juice. The fluids from food and beverages maintain body temperature and carry oxygen and other vital nutrients.
A male trader should consume at least 3 liters of liquid a day. For female traders, the suggested quantity is 2. Apart from healthy energizing drinks discussed above, plain water is a good choice to rehydrate a person's body. Table salt sodium chloride is one of the most popular food seasonings and is a source of sodium for humans.
High salt intake is associated with effects that can be detrimental to an active Forex trader: high blood pressure , cognitive decline , addiction. At the same time, sodium deficiency is not a good thing either. Traders need to balance their salt consumption to achieve a proper functional form. One way is to follow FDA recommendations for sodium rationing.
Health-conscious traders may also start using potassium to substitute for sodium. Although dietary fiber is a nutrient that is not digested by a human body but instead helps its proper functioning. There are two types of dietary fiber — soluble and insoluble.
The former helps control blood sugar and cholesterol level. Easily available sources of soluble dietary fiber include: beans, oat cereals, Brussels sprouts, oranges, flaxseeds. Insoluble fibers play a significant role in propelling the food through the digestive system. They are abundantly found in seeds, skins of fruits, whole-wheat bread, and brown rice. Considering the sedentary lifestyle of most traders, getting enough of insoluble dietary fiber from food is crucially important.
It will help a trader to avoid severe problems associated with a sitting job and poor eating habits. Insoluble fiber prevents constipation , forestalling such serious conditions as hemorrhoids. Coffee is a popular drink among those who work at computers. It is a natural source of caffeine — a psychoactive drug that stimulates the central nervous system.
Other primary sources of caffeine include: soda drinks, tea, chocolate, food supplements. Caffeine has its benefits : improves memory, decreases fatigue, eliminates drowsiness. It also has its negative sides , causing insomnia, nervousness, restlessness, irritability, heartbeat rate increases, etc.
A currency trader can benefit from the advantages offered by caffeine but will also imperil performance due to the adverse side effects associated with the consumption of the chemical. One should take great care when administering this drug. Drinking coffee before an important late-night trading session when maximum attention is required is probably justified, while indulging oneself with a lot of caffeinated drinks disregarding the actual necessity is a ruinous path.
Similar to caffeine, other drugs are sometimes used in Forex trading. Nicotine and alcohol perhaps being the most popular ones. Nicotine is able to cause a positive effect on brain's cognitive functions. At the same time, it has a range of adverse side effects that can potentially impair trading performance. Alcohol is even less suitable for improving trader's results. However, it has its benefits for prevention of cardiovascular disease.
Though it can help in getting relaxed after a stressful trading session, trading under the influence is a recipe for a disaster. High leverage and liqueurs do not combine! Although sleep is not a part of a diet, there is evidence that poor sleeping habits have adverse effect on person's eating behavior. Not enough sleep or irregular sleeping schedule increases the risk of obesity and a set of accompanying conditions that will not make trading easier.
Meanwhile, what people eat affects the quality and amount of sleep. Day trader's schedule can be quite fragmented and uneven. Sometimes a trader would need to stay awake through late night session and sometimes it would be necessary to get up very early. Of course, establishing a stable trading routine can help with this, but it is not always a possibility. Under these circumstances, a trader must be extra careful consuming foods that can potentially disrupt sleep: coffee obviously!
Avoiding them during last few hours before going to sleep will have a positive effect on the mind's resting time and thus on the ability to make adequate trading decisions. Physical exercise is another factor that is not directly connected to diet but that has its place in a healthy lifestyle, which is probably what most FX traders are aiming for. Apart from more obvious advantages, moderate level of physical activity has been scientifically proven to have a positive effect on person's mental health and mood.
For a trader who spends most of the day sitting in front of a computer, exercising offers an important benefit of staying fit and lets the body lead a more complete life, stimulating appetite and normal sleep. It is important to note that only balanced amounts of physical activity retain all the perks without carrying any serious cons.
Too much workout can lead to stress, exhaustion, and even health issues. The same as in the diet and in Forex trading! Forex traders are tech-savvy persons mostly, so they should benefit from such diet-related technology as mobile apps.
The three apps presented below are little helpers that will make focusing on healthy eating a bit easier. All three are free to install but reach their full potential after some in-app purchases:. Healthy eating habit is as invaluable as a good trading strategy. A healthy individual will mostly remain in good mood and have tremendous endurance. It would soon reflect in the trading performance. Ultimately, the trader will not only earn money but will also have a vigorous body to fully enjoy the profits and lifestyle associated with success in the financial markets.
For traders, a healthy diet should be an important part of life. It is, in fact, rare that traders acquire their eating habits specifically to face the trials and hardships of the market. Though it must be said that the disciplined approach to trading — a result of years of learning and practice — is also often carried over to other areas of lifestyle.
Hence, your approach to nutrition is connected with currency trading in ways that aren't immediately obvious. If you want to say something about the optimal diet for a trader of if you want to share your experience related to nutrition and trading, you can always participate in our Forex forum. If you want to get news of the most recent updates to our guides or anything else related to Forex trading, you can subscribe to our monthly newsletter.
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Way tastier than pita. These lovely little sides dishes will adorn your table like flowers in a spring meadow. They are so pretty guests will hesitate to eat them! Cult recipe with the mighty bazhe sauce based on pounded roasted walnuts, garlic and pomegranate juice. Not for the faint of heart but delicious and utterly memorable! This is a recipe I have discovered a year ago and took me a full year to get right.
But now I cook it almost once a week so simple, quick, delicious and spectacular it is. Adventure in a remote black pepper plantation run by a young Frenchman. How to roast a leg of lamb using only a piece of string. Watch me do it at the St-Luc mills in Switzerland. By request of a reader, one of the most popular Southern Italian pasta sauces ever. Simple, affordable, healthy, delicious.
Dhal Makhani with homegrown beans By fx in Recipes 20 comments For those who thought vegetarian cuisine is light, here is a delicious epiphany, cooked with beans from my garden. Khoresht-e Bademjan By fx in Recipes 26 comments Beautiful persian confort food with roasted eggplants and lamb in a fragrant, sweet and sour tomato sauce. Of course, any deposit or withdrawal made into an account will require a fee payment. Debit and credit card payments are common, as well as online payment systems such as PayPal, Skrill, and Neteller.
Clients may use the same method for both deposit and withdrawal. Through commissions and spreads. A commission is a fee levied by a Forex broker, while the difference between the bid and ask price is called spread. Some Forex brokers insist that they solely rely on spreads to earn profits. Spread can either be floating or fixed. To lure clients, most Forex brokers claim that their spreads on major pairs are fixed.
Leverage — Leverage allows traders expand their trading power. In essence, brokers lend a certain amount to bolster their potential gain. Hence, investors are advised to utilize this investment strategy with vigilance and caution. Margin — A relatively new concept for Forex investors, a margin account is akin to equity markets. It is a brokerage account wherein the customer borrows money from its broker in order to continue currency trading.
In addition to flexible and competitive trading conditions, traders today are after ease and convenience when depositing and withdrawing funds. A good Forex broker provides clients with various payment options, allowing them to choose the one that suits their needs. Debit and credit cards, as well as bank wire options, are just a few of the default payment options used by traders. Again, thanks to technological advancements, a number of electronic payment systems have emerged.
PayPal , Skrill , Neteller , and Webmoney are the most commonly used methods. When selecting a payment option, consider the commission or fee charged by the mentioned payment systems. It is also vital that the safety and security of funds are taken into consideration. Forex trading brokers, at times, may waive any deposit fee to encourage their clients to cash in more money.
To establish trust and loyalty, the best FX companies have also focused on the importance of having a very good customer service department. Whether handling an inquiry or a complaint, they should be able to provide quick response and resolve the matter as soon as possible.
The majority of online best Forex brokers are now stepping up and providing a hour customer support. In order to meet the needs of their clients well, and to achieve maximum customer satisfaction, Forex brokers meticulously train their customer agents for weeks. The customer service representatives should be very knowledgeable about Forex trading, and the products or services being offered, in order to successfully deal with problems encountered by a client and suggest possible solutions.
Aside from remaining composed and organized, one must also be a good listener to be a good Forex customer service representative. They should not interrupt the client in the middle of a call. A good rule of conversation is to let the customer do all the talking at first. Then the representative can assume the role of a troubleshooter by asking the right questions pertaining to the concern and figure out how it can be solved.
Brokers should ensure that it is easy for a customer to call or in some instances, send an email to a customer service agent, and it should not involve too much time just to get through to an agent. Clients tend to be impatient, especially when they have questions or concerns. It would be a bonus if the Forex broker could provide some sort of entertainment to kill boredom while customers are waiting to be attended to.
The best Forex broker in year should be a registered and licensed entity before it begins to operate and advertise their business in a specific area. Governments, through financial regulators, have different sets of rules and regulations, which a licensed or registered entity should comply with. Regulators secure the global market by inspecting companies and firms, and probing illicit activities, if any. Forex brokers indicate on their corporate website which regulator and entity supervises their activities.
It also provides education to industry players for them to be more knowledgeable about their duties and all regulations. The futures and options markets in the U. Formed in , the commission oversees financial firms involved in derivatives markets. Their mission is to maintain transparent, competitive, and financially sound markets to protect the public from fraud and manipulation.
Anchored on fairness, integrity, and transparency, this non-profit organization is tasked to enforce guidelines on business conduct among investment dealers in Canada. A regulating entity in the United Kingdom, the Financial Conduct Authority FCA supervises almost 60, financial services firms and institutions in the country.
Check out best FCA Forex brokers on our website. Created in , the ASIC serves as the corporate, markets, and financial services regulator mandated to enforce laws and beef up a healthy financial system for investors and individuals in Australia. The regulator is tasked to supervise banks, insurance companies, dealers, and exchanges in Switzerland. The FSA handles the oversight of private entities, the development of rules and policies, the creation of standards, and compliance with guidelines.
A Forex trading platform is where FX traders place trades, and read trading data. Simply put, a trading platform serves as the bridge between traders and the Forex market. A good trading platform should be easy to navigate, can provide details including charts, pricing, and trading analysis, and has an interface where traders can enter orders which will be processed by the Forex broker.
Also, software can usually be installed with various operating systems such as Linux, Mac, and Windows, although some firms offer web-based trading platforms which can be run using Java, a high-level and widely used computer programming language. Thanks to advancements in technology, and Forex brokers that step up their game, trading platforms have adjusted better to the fast-paced world.
These platforms, which are usually offered by Forex brokers for free, serve as an avenue for traders to open, close, and manage positions via an intermediary. An ideal platform must be easy to comprehend, visually appealing, and present numerous tools available to traders. It should also enable investors to place orders with ease, as well as include charting instruments, the latest quotes, and relevant news feeds.
Lastly, the user must be able to easily configure settings in that platform. Forex brokers typically offer free demo accounts before a client opens an account and dives in into the actual currency trading, which allows one to get the feel of using that software before beginning to trade. It is essential to be acquainted with the features and how to use the trading platform without risking any money while learning the basics.
Practice makes perfect. Introduced in , both are programs developed by MetaQuotes Software for trading currencies via the internet. Every platform has its own configuration but all of these have nearly the same features such as Forex prices, technical analysis instruments, drawing tools, news feeds, and charts. Before getting into the currency market, it is important to know if the broker offers the trading platform free of charge, otherwise there will be an additional rate for utilizing the program.
Learn more about the platform, to understand if it allows chart trading, if the order interface presents options, if data can be easily accessed through the software, if strategy backtesting is permitted, and if it has an API enabling a trader to incorporate more programming or install more software. This can help you be sure about what is offered and how the broker serves its customers.
And, remember to not immediately believe everything you read online, it is important to double check the accuracy of information read on these online articles. Is that broker reliable or unscrupulous? As certain brokers may attempt to use these methods to attract more clients into the company or hire marketing people to boost their image to potential customers, you should always do a very thorough research.
Forex trading brokers should always let the client handle their own Forex trading. If the Forex trading broker determines or limits the amount of money a client can take, this is definitely a red flag that they may not be a reputable or honest broker. What if that client has a margin account and sustained losses because prices went too steep? If the trader has no power over his own account, the broker can simply liquidate position on a margin call at a lower price. There are certain acts that are illegal in Forex trading, such as sniping and hunting.
These acts involve a broker by purchasing or selling close to preset points ahead of time. This illicit activity is difficult to detect, so it is vital to talk to other traders in order to prevent this from happening. Currently, there is no list containing the names of brokers that commit sniping and hunting, so it is another important reason to do careful research. If the Forex broker is engaged in other criminal acts, such as corruption, money laundering, or sale of illegal arms or drugs, this is obviously a broker to avoid.
Should a Forex broker be caught by law enforcement, all money invested with that broker could be seized and all investments would be lost. There has been a growing number of Forex rating and review websites available online in As mentioned earlier, due diligence is essential before beginning any kind of investment.
No one has ever wanted to have their hard-earned money disappear. However, sadly, this has been the case in the FX market for quite a while now. The number of Forex companies entering the market are climbing in , and many of them are not entirely trustworthy. They hype their products and services through marketing and advertising, and wait for their targets to fall into their trap. Those new to the Forex trading market are the usual victims, and this is what TopBrokers.
By providing only top-quality and reliable reviews, TopBrokers. The team behind our portal carefully selects the Forex companies that are included on their list. In addition to providing basic details about account types, trading platforms, payment methods, and regulatory compliance, reviews from seasoned traders are also available on their website to provide newbies with helpful insights about the essential qualities of a Forex broker. You can check all customer reviews of Forex brokers in on our website.
The team is aware that, for a long time, it has been a practice of some Forex companies to hire people to write fake and misleading reviews. Users who create spam reviews will receive a warning and possibly be banned from posting to the website. As you shop around for the best Forex brokers, you may want to explore some of the great Forex broker bonuses that are available. But, be cautious when temptation hits, because you still need to ensure that you are working with a highly reputable and trustworthy Forex broker and not being blinded by certain perks that may be offered.
It can be smart to get outside financial advice from a trusted advisor before diving into Forex trading. Make sure that you are properly equipped with knowledge about investing, specifically with Forex, and that you are not jeopardizing your financial health and your personal goals.
Unfortunately, any time you invest, success is not guaranteed. What you can do is equip yourself and be prepared, and fully understand the benefits and risks of Forex trading. A top Forex broker will help you to avoid many of the potential pitfalls, and this should be evident in any reviews that you find in your research. New traders need to be especially careful about ensuring their trading is stable, being properly disciplined to closely follow the market, making trades at the right times, and not overly trusting automated systems that may be making your trades - make your trades manually rather than using some of the automated technology until you learn the intricacies that will protect you.
Your broker should be helping you to keep your money safe. Trades should be executed promptly and accurately. When you learn more about how brokers keep liquidity high and keep the market active, you will begin to understand the best times for trades, how to watch for widening spread, and how to manage your investment to keep it as stable--and growing--as possible. Your broker should demonstrate that you are valuable as a client and you should feel that you can trust your Forex broker to help you protect and grow your investment.
Of course there are brokers who merely want to gain more profit by employing illegal schemes. But earning more money at the expense of clients is unforgivable. Engaging in any illicit act may put a broker in danger as that perpetrator can face administrative charges or criminal cases or his license may also be revoked by financial regulators. By doing thorough due diligence, a trader can learn to spot and distinguish the differences between respectable and fraudulent brokers. It is important to always find out whether or not any complaints have been filed against the broker.
If possible, look into that case and get in touch with the user to verify that complaint. It is also crucial to read and scrutinize every detail of documents and agreements before signing any contract and opening an account with a Forex trading broker.
Contracts are in place to help a potential trader to understand provisions of the contract and contingencies in case of unfortunate events. Start small. Many Forex experts encourage clients to begin trading currencies with a small capital. When new traders start this way, withdrawing funds from their accounts after at least a month can help determine if it is wise to continue to conduct transactions with the broker.
A delay in withdrawal is sometimes the issue. If this issue does ever arise, the best course of action is to first discuss it with the broker. However, if the same problem continues to occur, it may be time to entrust money to another Forex trading service provider. Have an investment plan, and stick to it. Make sure your expectations are reasonable. It attracts both good and bad entities.
That is why one needs to practice due diligence in choosing the most suitable Forex broker in order to understand the nitty-gritty of currency trading. Checking the compiled list of TopBrokers. The team running TopBrokers. Given its large trading volume, investing any cash may result in either significant gain or substantial loss.
Therefore, it is highly advised to have an emergency cushion before investing any amount of money. Never invest more than you can afford to lose. Forex investing is about saving up for the rainy days. An individual should not embark on any business venture, investment, or make long-term financial plans if he or she does not have an emergency fund. Prior to investing, individuals should set aside a portion of their income, enough to cover daily expenses for three months at the very least, and one year at most, in case of any unforeseen circumstances such as job loss or medical emergency.
Again, no emergency fund, no investment. This is the very step to any investment a client has to make. Think of it as a cushion when a person falls. Financial companies offering international currency trading Forex services to private traders all over the world. To view the rating of online brokers click here. List of the most popular brokerage companies, filtered by reputation, customer reviews, trading conditions and platform functionality. Open the updated list by clicking here.
All brokers, represented on TopBrokers. Find the best Forex Broker Listing in our portal. When I need any help I contact their support team. The team guides very well. My brother referred me to Mr. Adam Wilson strategies. He helped me so well, I received the full amount of the investment I made. Incredibly good work on his part. You can reach out to Mr. Adam Wilson via: adamwilson.
Comment: This is reliable broker who provides quality services. I would like to note on positive side variety of services. I traded with this broker few years and never faced any problems. Comment: My experience has all positive moments trading at activtrades. It is safe, fast and includes useful trading tools. Risk Warning: Your capital is at risk. Invest in capital that is willing to expose such risks.
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EuroMoney has published their list of the Top 10 Currency Traders big banks at the top of the The top of the forex food-chain. Thanks to a long and continuing history of migrants, various ethnic foods exist here, but many Mexicans still stick to homegrown fare. Healthy food improves the concentration of a trader. But it is possible to list some examples of the meals that deliver a combination of macronutrients.