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Forex Trading Advice, Tips, & Rumors

A community to discuss your latest forex trades, tips, rumors, and advice.
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FX Payment Gateway

FXPay is an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. FXPay believes we can intelligently mitigate risk and increase the speed of transactions in the Forex market through the utilization of its FXP token, an ERC20 token based on Ethereum blockchain technology.
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subreddit for the blockchain project Africunia Bank

AFRICUNIA Blockchain Digital Bank would be a new and unique Financial Institution that would offer not only traditional banking services related to opening of savings & current accounts, issuing of debit & credit cards, loans and forex exchange services but also will provide innovative banking services such as bank-to-bank transactions, interconnecting the world of traditional finance and cryptocurrency startups.
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Will Bernie Sanders’ “Wall Street speculation tax” impact forex transactions?

This tax will impose a .5% tax on all stock trades, .1% tax on bond trades, and 0.005% tax on derivatives.
My question is, will this impact forex trading??
Obviously for day traders in the stock market, this will hurt big time. I’m not able to find any info anywhere on whether or not this will impact forex/currency trading.
https://www.cbo.gov/budget-options/2018/54823
https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/D445E464-1824-478B-8D43-7F36BD9367F8
submitted by Conye27 to Forex [link] [comments]

[Business] - Coronavirus fallout: Turkey hikes tax on forex transactions to 1pct from 0.2 pct | Al Arabiya

[Business] - Coronavirus fallout: Turkey hikes tax on forex transactions to 1pct from 0.2 pct | Al Arabiya submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[Business] - Coronavirus fallout: Turkey hikes tax on forex transactions to 1pct from 0.2 pct

[Business] - Coronavirus fallout: Turkey hikes tax on forex transactions to 1pct from 0.2 pct submitted by AutoNewsAdmin to ARABIYAauto [link] [comments]

Forex transaction fee, commission and interest

Can I claim tax deduction for transaction fee, commissions and interest in forex trading? Those all together are more than my profits.
submitted by gvq1984 to tax [link] [comments]

XRP Cryptocurrency for more than just banking and FOREX transactions?

So, is Ripple pushing for the XRP cryptocurrency to be used outside banking, as well as banking foreign exchange? Is there any evidence that they may be building platforms to facilitate regular day-to-day payments made between vanilla individuals?

Thanks!
submitted by TraditionalCoffee to Ripple [link] [comments]

Feedback requested: Those with upcoming forex transactions going OUT of the Rupee.

Is anyone looking to expedite forex transactions out of the rupee? I have a significant personal transaction coming up in a few months, and am really thinking of holding that amount in the intended currency of end use.
Any thoughts would be helpful.
Thank you kindly.
submitted by FlamingNostrils to india [link] [comments]

HSBC Settled $250 Billion Forex Transactions via Distributed Ledger Last Year - BtcIndex

submitted by Dronmm to u/Dronmm [link] [comments]

Learn The Truth About Forex Transaction Process Outsourcing Industry in The Next 60 Seconds

Learn The Truth About Forex Transaction Process Outsourcing Industry in The Next 60 Seconds submitted by myforexeyefintech to u/myforexeyefintech [link] [comments]

Forex Transaction Process Outsourcing Industry in The Next 60 Seconds


Transaction process outsourcing (TPO) is a process which enables the advisor to do a transaction on your behalf. In this you authorize the dealer to negotiate forex transactions with your banker while checking the real time information available in the state of the art dealing room.
submitted by myforexeyefintech to u/myforexeyefintech [link] [comments]

GERMAN BANK AND STEEL CONGLOMERATE PERFORM FIRST FOREX TRANSACTION WITH THE HELP OF BLOCKCHAIN TECH​

Commerzbank, one of the major German banks, and Thyssenkrupp, one of the biggest steel conglomerates in the world have made the first forex transaction with the blockchain technology application. The transaction was then confirmed directly through Corda, a distributed ledger technology (DLT) of the R3 blockchain consortium.
The transaction was then confirmed directly through Corda, a distributed ledger technology (DLT) of the R3 blockchain consortium. The use of blockchain technology, which underpins the Bitcoin virtual currency, could help reduce delays and manual errors, as well as “significantly reduce operational risks in foreign exchange transactions”, according to the the Commerzbank website. This eliminates the need for transaction synchronization because the transaction is stored as a single, unchangeable record.
The blockchain allows eliminating delays and numerous errors with money transfers, as well as eliminates high costs and fees paid to intermediaries.This transaction symbolizes a very important step in the introduction of the blockchain technology into the banking system and the traditional financial world.https://www.digixhub.com/german-bank-and-steel-conglomerate-perform-first-forex-transaction-with-the-help-of-blockchain-tech%E2%80%8B/
submitted by abhi71077 to blockchaintechnology [link] [comments]

@WSJ: Employees say the AmEx unit targeted smaller businesses because they’re less likely to have employees who closely track forex transactions https://t.co/4hXZrLKlnn

@WSJ: Employees say the AmEx unit targeted smaller businesses because they’re less likely to have employees who closely track forex transactions https://t.co/4hXZrLKlnn submitted by -en- to newsbotbot [link] [comments]

German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain

German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain submitted by DedMozai to ICOinfo [link] [comments]

@WSJ: Employees say the AmEx unit targeted smaller businesses because they’re less likely to have employees who closely track forex transactions https://t.co/4hXZrLKlnn

@WSJ: Employees say the AmEx unit targeted smaller businesses because they’re less likely to have employees who closely track forex transactions https://t.co/4hXZrLKlnn submitted by -en- to newsbotMARKET [link] [comments]

@ulrichrosenbaum : German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain https://t.co/mzps1ViFXB https://t.co/orDk1T64Ho

@ulrichrosenbaum : German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain https://t.co/mzps1ViFXB https://t.co/orDk1T64Ho submitted by ulros to digitalbanking [link] [comments]

German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain

German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain submitted by Cointelegraph_news to CoinTelegraph [link] [comments]

ED writes to RBI, NSDL on forex transactions by Karti Chidambaram's (Chiddus son) firms

ED writes to RBI, NSDL on forex transactions by Karti Chidambaram's (Chiddus son) firms submitted by popat2000 to indianews [link] [comments]

(SCMP) Shanghai regulator busts US$2.7b in forex transactions this year

submitted by Mukhasim to UMukhasimAutoNews [link] [comments]

Dollar Shortage Intensifies in Azerbaijan, Multiple Banks in Baku Refuse Forex Transactions

This is an automatic summary, original reduced by 46%.
Banks, lenders and currency exchange kiosks in Azerbaijan have started restricting foreign currency sales - U.S. dollars in particular - as the Azerbaijani manat continues to lose ground due to fears of further devaluation and declining oil prices.
The manat took a big nosedive on December 20, 2015, when the central bank decided to remove its dollar peg.
Earlier this year, the central bank tried to fight the shortage by imposing a limit on the amount of dollars banks could sell to their clients on a daily basis, which was set at $500. But as Reuters reports today, out of six banks interviewed; three banks in the capital city of Baku have suspended foreign currency transaction altogether; three banks only allow $100 a day per client.
Some Baku merchants like Akif Shukyurov - who regularly converts his manat denominated revenues to dollars in order to pay his suppliers - tells Reuters that he can't complete his transactions due to the extreme dollar shortage in the country.
The biggest supplier of dollars in the region is the sovereign wealth fund, Sofaz, which holds auctions twice a week, where $50 million is disbursed to banks.
Just like the inadequate and ineffective attempts by the Nigerian central bank to remedy the dollar shortage in Nigeria, the policies of the Azerbaijani central bank have also failed, despite multiple interest rate hikes this year.
Summary Source | FAQ | Theory | Feedback | Top five keywords: bank#1 dollar#2 currency#3 central#4 close#5
Post found in /worldnews, /UPFORFUN and /besteurope.
NOTICE: This thread is for discussing the submission topic only. Do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

China Gets Strict on Forex Transactions to Stop Money Exiting Abroad: The State Administration of Foreign Exchange says it wants to close loopholes exploited for purposes such as money laundering and illegally channeling money into overseas property

submitted by secede_everywhere to Economics [link] [comments]

Dollar Shortage Intensifies in Azerbaijan, Multiple Banks in Baku Refuse Forex Transactions

submitted by GridcoinMan to worldnews [link] [comments]

[World] - Shanghai regulator busts US$2.7b in forex transactions this year | South China Morning Post

[World] - Shanghai regulator busts US$2.7b in forex transactions this year | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[World] - Shanghai regulator busts US$2.7b in forex transactions this year

[World] - Shanghai regulator busts US$2.7b in forex transactions this year submitted by AutoNewsAdmin to SCMPauto [link] [comments]

The ONLY Forex Trading Video You Will EVER Need - YouTube 95% Winning Forex Trading Formula - Beat The Market Maker ... Proven Forex Trading Strategies That Work (for 2020) - YouTube How To Start Forex Trading For Beginners (2020) - YouTube How to Start Trading Forex in 2020 - YouTube

Forex trading is carried out with a lever and the trader borrows money from the Forex Broker for his position. This, in turn, borrows the money from a bank and lends the money to you at higher interest rates. The difference in interest is the broker’s profit. The position is therefore financed. Forex Forward Transactions . Any forex transaction that settles for a date later than spot is considered a "forward." The price is calculated by adjusting the spot rate to account for the ... Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world's combined stock markets don't even come close to this. Forex transactions are quoted in pairs of currencies (e.g., GBP/USD) because you are purchasing one currency with another currency. Sometimes purchases and sales are done relative to the U.S. dollar, similar to the way that many stocks and bonds are priced in U.S. dollars. Forex trading is the act of converting one country's currency into the currency of another country. ... Although the spot market is commonly known as one that deals with transactions in the ...

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The ONLY Forex Trading Video You Will EVER Need - YouTube

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