Category: <span>Forex Trading</span>

IBM does not provide legal advice or represent or warrant that its services or products will ensure that the client is in compliance with any law or regulation. Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only. In a fast moving and highly competitive industry, the ability to bring new offerings to market faster should help ActivTrades maintain leadership and build on its reputation with clients. Great and fast costumer service with organized desk in many languages. Real fixed spread during normal market condition and nice leverage.

The MetaTrader Web Platform is a slightly stripped down version of the desktop platform. It allows you to trade without any additional software, only an internet connection is required. The Web Platform allows users to trade directly from any browser and operating system. The platform https://forexbroker-listing.com/ uses cutting edge TradingView charts, which feature over 100 indicators, over 50 drawing tools, 9 time frames and 11 chart types. Browser notifications can be enabled to update users on when orders are executed and with important account related notices and major market events.

At ActivTrades this is not a problem as you can have it ready on the same day you registered. The type of clients they target, i.e. beginners, experienced investors, or day traders. A trading platform specially designed for online Forex trading and analysis. ActivTrades features a cashback program for traders who exceed $50 million in notional trading value. Interest is paid on available free margin; however, both reward programs are available only for traders from the Bahamas operating subsidiary. ActivTrades maintains an acceptable asset selection, suitable for most retail traders.

The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices. ActivTrades customers have access to more than 1000 CFD instruments. These include more than 50 currency pairs at tight spreads and major global stock exchanges .

NewsBrent oil prices rose during early Friday tradingRicardo Evangelista, Pierre Veyret

Hence, to qualify for the cashback program, the traders need to make a trade of over $50 million. For every lot traded, the client receives an equivalent of 20 percent reduction on the spreads, 20 percent reduction on Shares commission, and 20 percent on swaps. ActivTrades Cashback program is offered to traders who cross $50 million in notional value of forex and CFD trading.

However, read this ActivTrades review further and know all the details of this trading platform in one place. With ActivTrades you can trade over 50 currencies with highly competitive spreads starting from just 0.8 pips, without any commission or a minimum number of trades required. Orders are filled at market prices, which ensure there are no re-quotes and your orders are executed at the best available price even when there is increased volatility in the markets. It is regulated by the FCA and is available globally for clients.

Account opening

Next, they need to choose a preferred base currency and trading platform. For informational purposes, users are asked certain information relating to their forex trading experience. The broker will redirect the user to the next page only if the broker is satisfied with the answers. One of the best things about ActivTrades is its impressive user interface that displays clear and easily navigable features and functions.

ActivTrades knew that its existing on-premises infrastructure would not scale easily to accommodate rapidly growing numbers of clients. The company also wanted to increase the speed at which it could set up new servers, in order to bring new functionality to its clients faster. To address both requirements, ActivTrades decided to migrate from on-premises servers to the cloud.

Traders Reviews

When I made withdrawal, I got money in the same day on my bank account. As an established Forex broker, Activtrades offers the full range of currency pairs, including the 10 majors, minor pairings, and the exotics. Spreads are set automatically by the execution software, with targets around one PIP on the majors. Details from the website show that target levels are usually exceeded by 10% to 30% in actual dealing, but this is still competitive.

• The product portfolio is limited, stock CFD fees are quite high and the desktop platform lags behind its competitors.
• FxPro Summary FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas.
• It can be further modified with thousands of third-party plugins, which fully supports automated trading solutions, and represents an overall superior choice.
• ActivTrades customers have access to a number of research tools to assist in this regard.
• ActivTrades has received numerous significant awards and recognitions since its founding.

The ActivTrader platform is intuitive, making it a good starting point for beginners. ActivTrades also has strong customer service and educational materials, making it a suitable broker for new traders. ActivTrades has no account fee and no deposit or withdrawal fees for bank transfers. It does charge a ‘dormancy fee’ of 10 pounds per month after 52 weeks of inactivity.

ActivTrades Review – Pros and Cons

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. ActivTrades offers an intuitive proprietary platform as well as the feature rich MetaTrader platform, allowing it to cater to both beginners and sophisticated traders. Starting his career in finance on the floor of the Chicago Mercantile Exchange, Dan later gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.

Spreads are the difference between the trade’s bid price and the ask price . Spreads could be variable or fixed, depending on market movements such as interest rates. No, ActivTrades is not an ECN broker and hence, it does not offer ECN trading. Australia, the United Kingdom, South Africa, Thailand, Hong Kong, India, Singapore, Germany, France, Norway, Italy, Sweden, United Arab Emirates, Denmark, Kuwait, Saudi Arabia, Luxembourg, Qatar, and many more. However, note that traders from Canada and the United States cannot trade on ActivTrades.

The MT4 trading platform fully supports automated trading solutions. ActivTrades was founded in 2001 in Switzerland but relocated to the UK in 2005. From there, it grew into an international brokerage, presently catering to traders from over 140 countries. With its origin as a Forex broker, it expanded and now maintains over 1,000 CFDs across six categories.

The trading broker also offers free advanced trading tools including Smart Lines, Smart Order Two, Smart Patter, Smart Forecast, and many more. It is regulated by several financial authorities globally, including the UK’s top-tier Financial Conduct Authority . Smart Tools, consisting of seven add-ons, transform the MT4 trading platform into a powerful gateway to financial markets.

A total of 200 variables have been analyzed to help you choose your broker wisely. With so many brokers appearing online over the last few years, it can be really tough to figure out which brokers have your best intentions in mind and which are just looking for an easy buck. All client examples cited or described are presented as illustrations of the manner in which some clients have used IBM products and the results they may have achieved. Actual environmental costs and performance characteristics will vary depending on individual client configurations and conditions. Generally expected results cannot be provided as each client’s results will depend entirely on the client’s systems and services ordered. It is the user’s responsibility to evaluate and verify the operation of any other products or programs with IBM products and programs.

A qualified trader is the one who meets the minimum initial deposit requirement of $1000 and generates a minimum of $50 in spreads for the platform within a period of 90 days of placing their first trade. Existing users can refer up to four friends in a year after which the referrals are reset again for the next round. The rewards are automatically credited to the ActivTrades live account. Coming to the ActivTrades Referral Program, the experience is exactly what most traders look for. With the platform’s ‘Refer a Friend’ program, users can earn $1000 for both the referer and the referee.

ActivTrades Review 2023: Is ActivTrades a Safe Broker?

As a client at ActivTrades, users can earn cashbacks on the trades they place, with additional interest on the unused margin balances of up to $1 million. ActivTrades brokers pay interest on the average free margin requirements during a month. Users can also view their notional traded balance and their acquired rewards in their Personal Area once they place their first trade. A powerful proprietary ActivTrader broker that provides fast executions, an intuitive interface, and the most efficient trading experience for all. It is regulated among others by the UK’s Financial Conduct Authority and the Commission de Surveillance du Secteur Financier of Luxembourg.

ActivTrades offers award-winning customer support to ensure all the needs of its customers are met. Customers can contact the company’s professional support team via Live Chat, email, and telephone, or request a free call back, 24 hours, 5 days a week. No deposit fees are charged by the company, with the exception of non-EEA credit and debit cards, in which case the company charges 1.5% of the transaction amount.

If you want to get a little or a lot, BPay makes it easy to execute regular payments and make everyday crypto purchases. Faster Payments is a speedy form of payment that enables inhabitants of the UK to disburse funds in their local currency without bearing any extra exchange charges. Follow the instructions on the screen and confirm your payment. Your bought coin or token will be in the virtual wallet before long.

Multiple Asset Classes –Byteball can be used to store and transfer values of different asset classes such as currencies, bonds, and commodities. Integrating Changelly services into Trezor Wallet’s exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.

Share and commodity prices are also very volatile but there are fundamentals behind them. Share price is largely a function of company earnings, revenue, debt-to-capital ratio, etc. Commodity prices depend, among other factors, on costs of production with various suppliers. In Bitcoin, there are no fundamentals, and no negative feedback. A Bitcoin price of $500 is no more justified than a price of $50,000 or $5.

Which Cryptocurrency do you want to buy, transfer or store?

Acquire any of the more than 400 supported cryptos instantly in a few steps and at low rates in the industry. We combine cryptocurrency packages from a range of licensed payment providers so you can settle for the perfect one. Buy Byteball at a competitive price on Changelly. We’re partnering with Banxa, MoonPay, and Indacoin to offer you the best rates in the market. Buy Byteball and other cryptocurrencies with major fiat currencies (USD, EUR, GBP, etc.) and get started with the emerging trend of crypto investments. Byteball is a cryptocurrency and decentralized database known as Bytes that does not use a blockchain.

Our team utilizes a detailed safety procedure to ensure your cryptocurrency investments and credentials are secure. Changelly offers fast cryptocurrency procurements to more than 2.6 million investors on a monthly basis. Access your virtual wallet and receive the purchased crypto. Market cap is measured by multiplying token price with the circulating supply of GBYTE tokens . Trading and investing in digital assets is highly speculative and comes with many risks.

Obyte failed to be profitable once the team stopped the initial free airdrop method. Since then, the most powerful and comprehensive DAG protocol in the cryptocurrency market has lost around 97% of its ATH value. Nevertheless, the team continues to develop the protocol and has impressively extended its functionality with concepts such as sovereign identity,… Identities are confirmed with the help of Jumio and the Real name attestation bot.

A token is a representation of an on-chain or off-chain asset. The token page shows information such as price, total supply, holders, transfers and social links. Learn more about this page in our Knowledge Base. In cryptocurrency rankings based on market capitalization. Get latest price of Bitcoin, Byteball Bytes and many other cryptocurrency rate at one place. Litecoin – Litecoin, launched within the year 2011, became most of the initial cryptocurrencies following Bitcoin and changed into often referred to as ‘silver to bitcoin’s gold.

Pick out the exchange pair

Credit card or debit card payment is an easy way to obtain Byteball and other cryptocurrencies in a fast and secure manner. Through our service, use a debit or credit card provided in your local currency. Price Events –Price oracles allow you to short any cryptocurrency without owning it. This is done by simply making a smart contract condition that is dependent on a selected coin’s price reaching a certain price threshold. Although the platform offers immutable storage for any data type, it’s most noteworthy feature is its versatile conditional payment system. Simple enough for any user to understand, the smart contract system allows you to easily create and tailor smart contracts for any personal need.

• Verify your real name and explore other bots if you wish.
• Besides paying in bytes, one can issue other assets and use them as means of payment.
• As witnesses-authored units accumulate after a user’s unit, there are deterministic criteria when the total order of the user’s unit is considered final.
• Then click CHAT…Bot Store…select Steem attestation bot and so on to verify your Steemit username, login via SteemConnect using your POSTING KEY (not password/active/owner/master key).
• You receive a message that your address was linked successfully.

I call the dots “taps” and they signal very specific reactions based on https://coinbreakingnews.info/, balance, volume, and most importantly… Available directly in Byteball’s wallet, the Bot Store gives users a current list of available chatbots. Many of Byteball’s features are already offered through the interaction of chatbots. In the past, the team has distributed Bytes and Blackbytes for free to BTC holders and to existing holders of Bytes who have linked their accounts. They have now distributed 64.5% of its total supply for free over a total of 10 airdrops over the past year. Atomic Exchange – This removes the need to trust a centralized exchange.

Obyte (gigabytes) Price (GBYTE)

For that reason, 99% of all Bytes and Blackbytes are to be given away for free. Our commission fee to add 1 Kb of data would be 1,000 Bytes. Immutable Storage –Once data is put into the Byteball database, it can never be changed or removed.

Convert Bitcoin to Byteball Bytes and Byteball Bytes to Bitcoin very quick. Join our mailing list to get regular Blockchain and Cryptocurrency updates. Byteball Bytes logo png vector and icon in PNG, SVG formats. Speculations abound for how high Obyte ’s price will get in the future.

Can I obtain GBYTE without identification on this website?

If that wasn’t impressive enough, Churyumov owns SMS Traffic, a Russian technology company that offers solutions and top 5 potentially profitable cryptocurrencies in 2020ing for banks, insurance, and retail firms. Attending Moscow Engineering Physics Institue from 1991 to 1997, Churyumov received his degree in Theoretical Physics. Both Bytes and Blackbytes must be stored in Byteball’s own wallet. The wallet is available for iOS, Android, Windows, Mac, and Linux.

Tokenomics data for this coin is currently unavailable. Stay up to date with the latest price of Byteball Bytes Token and analysis.Happy to serve you Byteball Bytes Price | GBYTE to Bitcoin App. Byteball Bytes Price pplication provides latest price Easy & Quick.

In order to cash out Byteball Bytes, we need an account at any exchange that supports GBYTE. We could sell Bytes to Bitcoin from Byteball Wallet but minimum is 0.001 BTC. I might try it soon but for now I prefer sending Bytes to Bittrex and buying other altcoins. Total order is established by selecting a single chain on the DAG that is attracted to units signed by known users called witnesses. A unit whose hash is included earlier on the main chain is deemed earlier on the total order. Users choose the witnesses by naming the user-trusted witnesses in every storage unit.

Byteball is a decentralized and open-source cryptocurrency that offers both private and transparent transaction types. At present, we do not accept PayPal as a payment method. However, you can buy crypto with other payment methods, such as а credit card, bank transfer, Apple Pay, or Google Pay. POLi is a frequently used payment option for buying crypto.

The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies. Users store their funds on addresses that may require more than one signature to spend . Spending may also require other conditions to be met, including conditions that are evaluated by looking for specific data posted to the database by other users . Users can issue new assets and define rules that govern their transferability. Users can also issue assets whose transfers are not published to the database, and therefore not visible to third parties. Johnny Sessa is a blockchain investor with a dual-concentration MBA specializing in Finance and Mergers & Acquisitions.

Market Cap

Verify your real name and explore other bots if you wish. Then click CHAT…Bot Store…select Steem attestation bot and so on to verify your Steemit username, login via SteemConnect using your POSTING KEY (not password/active/owner/master key). I enabled “Auto-Sell” so my GBYTE balance was automatically converted to Bitcoin . The ex-Boston Celtics player didn’t disclose he was paid more than $244,000 worth of EMAX tokens in a Twitter promotion, the SEC said.

The earliest trading data for Obyte is on April of 2017 . Over the last day, Obyte has had 0% transparent volume and has been trading on 11 active markets with its highest volume trading pairs being . Our goal is to be objective, simple and your first stop when researching for a new service to help you grow your business. We will help you find alternatives and reviews of the products you already use. Based on our record, FunFair seems to be more popular.

It represents recognition of a PROBABLE future charge that results from a prior act, such as estimated liability for warranties, trading stamps, or coupons. Elements And Cash Flow Classifications Of Financial Analysis In the balance sheet, this transaction will be recorded as a liability . Once the business is able to pay the amount owed to the manufacture… Pending lawsuits and warranties are common contingent liabilities.

• Estimated liabilities, such as liabilities for income taxes, property taxes, and product warranties, definitely exist, but the amounts must be estimated and record properly.
• There are sometimes significant risks that are simply not in the liability section of the balance sheet.
• You account for current and contingent liabilities in different ways.
• The LedgerLedger in accounting records and processes a firm’s financial data, taken from journal entries.
• 31 Recognized warranty expense related to December sales with an adjusting entry.
• So we’re gonna reduce our liability because this is taking away from the total amount we expected.

Assume, for example, that a bike manufacturer offers a three-year warranty on bicycle seats, which cost $50 each. If the firm manufactures 1,000 bicycle seats in a year and offers a warranty per seat, the firm needs to estimate the number of seats that may be returned under warranty each year. Contingent liabilities are also important for potential lenders to a company, who will take these liabilities into account when deciding on their lending terms.

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Some common examples of contingent liabilities are product warranties and pending lawsuits because they both have uncertain end results, but still pose a potential threat. Two principal categories of current liabilities are definitely determinable liabilities and estimated liabilities. Estimated liabilities, such as liabilities for income taxes, property taxes, and product warranties, definitely exist, but the amounts must be estimated and record properly. You account for current and contingent liabilities in different ways. A current liability is accounted for as soon as you owe the debt. You record the amount owed on the books like accounts payable or notes payable.

Unearned revenues represent amounts paid in advance by the customer for an exchange of goods or services. Examples of unearned revenues are deposits, subscriptions for magazines or newspapers paid in advance, airline tickets paid in advance of flying, and season tickets to sporting and entertainment events. As the cash is received, the cash account is increased and unearned revenue, a liability account, is increased . As the seller of the product or service earns the revenue by providing the goods or services, the unearned revenues account is decreased and revenues are increased . Unearned revenues are classified as current or long‐term liabilities based on when the product or service is expected to be delivered to the customer.

Chapter11: Current Liabilities and Payroll Accounting

networking commands top 9 commands of networking software development are considered contingent because the outcome is unknown. A warranty is considered contingent because the number of products that will be returned under a warranty is unknown. The accrual account permits the firm to immediately post an expense without the need for an immediate cash payment. If the lawsuit results in a loss, a debit is applied to the accrued account and cash is credited by $2 million. 31 Recognized warranty expense related to January sales with an adjusting entry. 31 Recognized warranty expense related to December sales with an adjusting entry.

Entities often fail to recognize a contingent liability even when they have made a substantive offer to the plaintiff to settle the litigation. It is extremely difficult to overcome this presumption even if an entity withdraws the offer before the financial statements are issued . Part of the reason contingent liabilities must be included in financial statements is to give the readers of the statement accurate information.

Accounting For Contingent Liabilities

So what we’re gonna do is reduce the liability because they, we estimated that this was gonna happen right? We already expected these, these warranties to be exercised. So we don’t expect this amount to be exercised again, right? This was a portion of that 80,000 that we expected to be exercised. So we’re gonna reduce our liability because this is taking away from the total amount we expected. Are our liabilities going down by 6000 And our cash is going down by 6000 because we had to actually physically pay money to replace these these products, right?

Cool, Alright, let’s go ahead and see what happens in january of the next year When the customers finally exercise some of that money, some of those warranties to get replacements of the product. So it says in January, customers exercised warranties for replacement products at a cost to drones international of $6,000. They had a one year warranty and in January, some of those warranties got exercised. So what we’re gonna do, we don’t take an expense in january, right? We already took the expense when we sold the product, we took the expense last year when we had the revenue, But now we’re in January.

Because of the lack of specific guidance on this topic, diversity in practice exists. Current and contingent liabilities are both important financial matters for a business. The primary difference between the two is that a current liability is an amount that you already owe, whereas a contingent liability refers to an amount that you could potentially owe depending on how certain events transpire. The reason contingent liabilities are recorded is to meet IFRS and GAAP requirements and so the company’s financial statements are correct.

What is an Estimated Liability?

Such amounts are almost never recognized before settlement payments are actually received. Many companies provide employee benefitsAdditional compensation paid to or on behalf of employees, such as premiums for medical, dental, life, and disability insurance, and contributions to pension plans. An employer often pays all or part of medical, dental, life, and disability insurance. Many employers also contribute to pension plans, which are agreements by employers to provide benefits to employees after retirement. Many companies also provide medical care and insurance benefits to their retirees.

So it’s got to have a debit balance and that’s going to be in the amount of 80,000 and we’re going to credit our estimated warranty payable. Right, This is a liability that’s going on to our balance sheet In the amount of 80,000. Okay, So notice we made two journal entries here, one for our revenue, whoops. One for our revenue and one for our related warranty expense.

Contingencies, Loss Recoveries, and

Then, when services are performed, unearned revenue is debited and revenue is credited. Contingent liabilities adversely impact a company’s assets and net profitability. Example A phone manufacturing firm offers a one-year warranty on the phone they manufacture, which costs $1,000 each. If the firm forecasts that customers will return 50 phones under warranty for $1,000, the firm will debit warranty expense by $50,000 and credit accrued warranty liability by $50,000. The accounts are modified when the year ends to reveal the actual warranty cost incurred.

Matching Principle requires that Premium expense should be accrued in the period of SALE based on the estimated redemption rate. Learn accounting fundamentals and how to read financial statements with CFI’s free online accounting classes. Contingent liabilities are a special category of liabilities. They are possible liabilities that may or may not arise, depending on the outcome of an uncertain future event. The primary classification of liabilities is according to their due date.

So now we’re gonna see how the estimated warranty payable is similar to the percentage of sales method that we used when we did our allowance for doubtful accounts. Okay, So let’s go ahead and see this example, drones International sells drones with a one year warranty based on past experience, drones expects warranty costs to equal approximately 4% of sales. So remember when we did those bad debt expense, we were given a percentage of sales that were going to be bad debt. We’re expecting a percentage of those sales to be paid in the future as warranty costs. Okay, During december, drones International had $2 million in sales.

When the employee takes a vacation, the employer reduces the Vacation Benefits Payable and credits Cash . The SEC staff has consistently commented on and challenged registrants’ compliance with the disclosure requirements for loss contingencies. For example, the staff has often challenged registrants when they recognize material contingent liabilities but have not disclosed information about such possible losses in prior filings. Insurance ClaimsAn insurance claim refers to the demand by the policyholder to the insurance provider for compensating losses incurred due to an event covered by the policy.

The requirement is only 43 games for a full pension and just one game for full medical https://coinbreakingnews.info/. Prepare journal entries to record these transactions and adjustments for 2016 and 2017. If an outflow no longer probable, provision is reversed.

Prepare the journal entry at December 31, 2017, to record the bonus due the employees. Estimated liabilities are as important as known liabilities in company financial statements. Recoveries of recognized losses (e.g., insurance recoveries) may be recognized when it is probable that they will be received and the amount is reasonably estimable. However, such recoveries cannot be recognized in amounts that exceed the recognized losses because such an excess represents a gain contingency. It is often difficult to determine whether an amount to be received represents a loss recovery, a gain contingency, or a combination of both. Similarly, the guidance in ASC 460 on accounting for guarantee liabilities, which has existed for two decades, is often difficult to apply because the determination of whether an arrangement constitutes a guarantee is complex.

If the firm determines that the likelihood of the liability occurring is remote, the company does not need to disclose the potential liability. IAS 37 Provisions, Contingent Liabilities and Contingent Assets outlines the accounting for provisions , together with contingent assets and contingent liabilities . Provisions are measured at the best estimate of the expenditure required to settle the present obligation, and reflects the present value of expenditures required to settle the obligation where the time value of money is material. A contingent liability is a debt that you may or may not incur. The way you treat a contingent liability depends on the probability of the liability occurring and your ability to accurately predict the amount of the obligation.