Choose fx brokers such as Dukascopy or Xforex; for atabic, italian, chinese or estonian speakers; monitored by BAFIN(DE), CBRC(China) or NFA(US), find quick downloads, educational courses and twenty four seven access.
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Q: I'm looking for a sublime foreign exchange platform. Which one would you advice me to check out?
Category: general
, Asked by: V. L. From Winnipeg, Canada
A: Definitely "Saxo Bank". The foreign exchange platform's site supports lots of different languages. Whether you speak Lithuanian, Dutch, Malayan or Italian, you got the option to activate this multilingual platform naturally and with great ease. Their customer service team is ideal, they are simply polite. Downloading and installing the forex trading installation package is pretty much effortless. The connection is rapid, and it is simple to follow the instructions and start playing. In addition, regulated by SAM, and DFSA, rest assure the safety of your account details is guaranteed in this one.
Visit Saxo Bank
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Q: please define an "UYU"
Category: glossary
, Asked by: Q. Flores from Luxembourg, Luxembourg
A: "UYU " is The currency abbreviation for the Uruguayan peso (UYU), the currency for Uruguay. The Uruguayan peso is made up of 100 cent?simos and is often presented with the symbol $. Because of the instability of this currency, larger items such as real estate and cars are often priced in U.S. Dollars.
After introducing its first currency (the peso) in 1896, relative stability was enjoyed until after WWI, when inflation began to create economic difficulties in the country. Inflation became very serious in the mid '60s and into the '70s, and the peso was replaced by the nuevo peso (new peso) in 1973 at a rate of 1000:1. After many years of inflation continued, the nuevo peso was once again replaced with the Uruguayan peso we see today, again at a rate of 1000:1.
Inflation and monetary instability is so rampant in Uruguay that locals are quite used to the devaluation of their currency. In fact, the short periods of appreciation that the currency sees are referred to as "atraso cambiario," which means "the exchange rate is running late".
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Q: please define "attrition"
Category: glossary
, Asked by: E. Doyle from United States
A: the "attrition " is The reduction in staff and employees in a company through normal means, such as retirement and resignation. This is natural in any business and industry.
This type of reduction in staff is one way a company can decrease labor costs: the company simply waits for its employees to leave and freezes hiring. Such a method contrasts the more severe labor-reduction techniques, such as mass layoffs. Waiting for attrition is usually better for company morale.
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Q: Is there an online fx platform that has a great server connection?
Category: technical
, Asked by: Carson V. From United States
A: If you seek an online fx platform that has the fastest server connection, we totally advice you to check "Dukascopy" - people all the time inform us they're happy with the connection to the server. The communication with the server is always fast, you'll see non of many of the normal problems you frequently have to deal with with different servers, and it is no trouble at all to install the trading environment.
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