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Compare forex sites similar to Xforex or MIG Investments; monitored by OSC(CA), CBRC(China) and NFA(US); focus on educational tutorials or quick downloads. For russian, turkish, deutsch or portuguese speakers.
please tell me what an "overtrading" is
glossary FAQ: glossary.
Kayleigh W. From Bern, Switzerland
05 December, 2008
1. Excessive buying and selling of stocks by a broker on an investor's behalf in order to increase the commission the broker collects.
This situation has been known to arise when brokers are pressured to place a newly issued security underwritten by a firm's investment banking arm.
Also known as "churning".
2. A situation in which a company is growing its sales faster than it can finance them. This usually leads to enormous accounts payable or accounts receivable and a lack of working capital to finance operations.
1. One way to protect yourself from overtrading (churning) is through a wrap account - a type of account that is manged for a flat rate rather than charging commission on every transaction.
2. Many businesses become insolvent because they try to accommodate everyone who wishes to purchase their products. This ultimately leads to not being able to pay for the financing costs used to produce the goods. Visit FXCM
- Some Background on FXDD:
- FXDD is a retail web-based foreign currency exchange firm that is located at 75 Park Place 4thFl, New York, NY 10007. After a casual start a few years back, FXDD's slowly becoming one of the powerful systems in the world.
- Some of FXDD's Features:
- To be honest, this forex isn't really about innovation, but instead, it employs the more traditional systems of '02 - '03 platforms. It is nothing to do with right or wrong, it's more an issue of personal taste. FXDD's got twenty four hour service and a customer support line. If you are of the attitude that says you don't need any spare externally related nonsense on your hard drive, best look elsewhere. FXDD's local engine is fairly slow and is clumsily laid out. Most important though, is the sound level of reliability of the server communication. Whether you're a Chinese, English, Japanese or Spanish speaker (or any other of a host of other languages), FXDD provides convenient and natural execution through its multilingual interface. Know, too, that FXDD sports a special design tutorial platform and educational courses.
- Pluses:
- - Beginner Friendly - Good for Beginners - Customer Support - Smart Interface
- Minuses:
- - Confusing Options - Download - High Minimum Deposit
- Short Story:
- A wholesome yet mediocre choice. We gave it a 2 out of 5 rating.