Category Archives: The World

How does the world respond to the advances in technology, and how has it been influenced? From business to travel to investing, we explore these topics.

eToro Review The Social Trading Giant

eToro Review: The Social Trading Giant etoro review

 

Here, we’ll get into an eToro review of the largest social trading website in the world. But first, for the unaware, let’s start with the basics.

Social Trading Platform

Social trading is the process via which investors use online data and financial content sourced from a multitude of web applications as the main source to drive financial decisions. Etoro introduced a new way to trade on the internet. In 2010, the company launched OpenBook, which is a crowdsourced investment platform. Using this platform, it is possible for first-time or inexperienced traders to copy the transactions of top investors in the foreign exchange marketplace.

 

Comprehensive eToro Review Video

 

EToro Revolution

EToro is widely considered the first and most advanced social trading platform. Subscribers have an immediate in with a community of experienced traders, as well as a social network within the investment world. EToro provides all the tools needed to trade in the modern marketplace. The platform enables you to:

  • Perform retail trading on the open market
  • Observe the other traders and copy their transactions
  • Use Copy Trading feature on the platform to automatically duplicate all trades made by your selected traders you choose

How it Works

EToro compiles the activity of all users and shares it with the entire community. This works like a financial transaction social network. Users can even like, comment and share on a user-generated feed.

Every trader gets assigned a public profile, which is open for consultations. Your performance is public and everyone can follow everyone else and replicate them.

EToro’s Performance Data

Once you’ve found a Professional Investor you want to copy, just click on their name. This brings up their profile, portfolio, stats, open trades, even their history and investment friends. This screen displays live trading feed of the trader. You have access to each live trade and any comments from other social traders, some of whom openly discuss their own trades. This is a tremendous opportunity for newcomers to learn the lay of the land.

EToro is second to none when it comes to the ability to quickly share information. Every investor can follow selected traders without copying trades automatically.

Video Example of Copying Top Traders

 

Markets Section

EToro Markets displays all products, such as currency pairs and stocks, that can be traded via CFDs (contract for difference, a contract between a buyer and seller that pays the current value minus the value at contract time).

Copy Trading

Generally, CopyTrader is an eToro tool that allows subscribers to choose a trader to copy and select an amount to copy for investments. You can watch how your account performs using this strategy. Here is additional information to consider before trying out this feature:

  •  Minimum investment is $100. Maximum investment is $500,000.
  • You can follow a maximum of 100 traders.
  • Minimum amount for copying is $1.

EToro Search Feature

This functionality lets you search for people or stock symbols and returns information on trades pertaining to the search criteria. The Top 100 traders, holding the most profits realized in the current week, are displayed. Here, you can review 10 instruments (indices, currency pairs and commodities) that they are trading at the moment.

EToro Advanced Search

Advanced Search filters on eToro help you figure out your favorite traders. The feature includes a risk level filter. You can search profiles by Average Position, Weekly Drawdown, Gain, Leverage, Winning Weeks, Win Ratio, Exposure and Min. # Trades.

social trading platform
Click image to browse eToro’s Social Trading Platform

Tips for Investing on eToro

  • Don’t always pick traders with the highest returns. Opt for frequent investors over “one hit wonders.”
  • Look for consistent, long-term returns, say 10-20% over the past six months.
  • To start, be conservative. Take advantage of the filtering tools to find traders with low-medium average risk
  • Diversify your investments over a bunch of traders; you can follow up to 100.
  • Etoro has real-time stock trading, and many investors who hedge and invest in forex and stocks simultaneously have more reliable long-term performance.

EToro Pros and Cons

Here are some great things about EToro:

  • Has tight fixed spreads
  • Guarantees stop losses and limit orders
  • Does not charge trade commissions
  • Available in four languages
  • Trade in Bitcoin currency
  • Price alerts
  • One click trades
  • Automated trading
  • Islamic and Arabic friendly

These are the cons:

  • Inactivity fee if not active in one year
  • Currently not available for United States citizens
  • No direct market access
  • No scalping
  • No VPS services
  • Charges fees to deposit and withdraw funds

Basically, eToro simplifies the amount of analysis that you have to do as an investor. This is a tool that lets you invest without siphoning through endless graphical performance data.

Some Attributes of Worthy Traders You Should Copy

  1. Their profile feed includes posts that demonstrate market knowledge
  2. Have low drawdowns (how much they’ve been down this week or month) under 10 percent.
  3. Consistent investment won’t have ridiculous returns in a short period of time. Look for long-term consistency, because these are sustainable without being reckless.

Islamic Trading Account

Islamic law forbids usurious interest rates in lending or borrowing money. This includes stock exchanges. The requirements to prevent Riba (usurious lending) include:

  • Stocks must be bought and sold without delay
  • Monies for each trade must be paid for upon the time of the transaction
  • Currencies should be directly moved from the seller’s account to the buyer’s
  • There can be no interest on any trades.
  • If any indication of usurious interest is detected, the contract is void as forbidden (Haram).
islamic forex account
Etoro – Available for opening an Islamic Forex Account. Click image to view site in Arabic

To resolve this issue, a trader can buy as much as his current balance allows or borrow from a broker, who cannot receive any usurious interest rates on the transaction. Also, no interest can be obtained from contracts ongoing for 24 hours or more, which means that the daily rollover of interest has to be zero on a consistent basis.

[A List Of Other Forex Halal Sites Here]

Conclusions

The eToro website is dynamic and easier to use. Looking back through old reviews, it is easy to see how much they evolved and are still evolving. As the first and still premium social trading platform, they have set the bar high and rising. With easy to understand interfaces and constantly advancing tools, this site is an easy “Yes, please.” Starting risks are very low; you can join for $100 and, as long as you make one investment a year, there are no transaction fees.

It is great that they have an Islamic account that respects the Islamic culture in a very straight-forward way. That kind of forethought attracts diversity, which can only improve the social investing gene pool, in my opinion.

One thing I did not see anywhere was the risk of heavy investors manipulating trade. It seems to me that it would be easy enough to band together a with few super investors and create some real chaos. It apparently hasn’t happened yet, so, for now, I am going to enjoy my relatively new eToro count and see how well my performance tracks against my advice.

social trading
Click image to visit eToro, the largest social trading platform

InstaForex Review New Copy Trading Opportunity

InstaForex Review – New Copy Trading Opportunity

InstaForex InstaForex Review

 

With the state of the world’s economy, it is vital that you have control of your financial future. But it is not just a decision that can enhance, it can be as exciting as Twitter! Global business and politics are changing the opportunities that individuals have to improve their finances. Likewise, technology has changed the way to take advantage of the dynamic changes in the markets. Utilizing the strength and global presence of social media, social trading is the opportunity of today, with copy trading becoming one of its best strategic tools.

Becoming familiar with social trading is as accessible as your computer. Over the past 10 years, there has been growth in the presence of online foreign exchange trading sites. In an age of 144-character attention spans, it can be difficult to know where to start to take advantage of social trading. The first step is to find a website with a technologically sound platform, tools to help educate and guide the novice investor, information that support even the most seasoned investor or trader, and user friendly navigation. Whether a beginner or experienced with trading firms, it is time to look at InstaForex. InstaForex is intuitive, information, and in demand.

First, What is Copy Trading?

Copy Trading most simply explained is the ability to benefit from experienced investors transactions to create an investment portfolio using a social trading network. Much like social media, social trading networks provide its members with the ability to interact, exchange information, and broaden their worldview. Within that network, copy trading gives users the ability to identify an investor and copy their trades. This is guided approach to entering the Forex market while reducing the risk. Some of the advantages of using Social Trading include:

Access to Trader’s Information: In the image of Facebook, Twitter or other social media sites, traders’ portfolios are open for others in the network to see. Users in the network can review the investments, track records, and length of experience of traders to make informed decisions.

Access to Multiple Traders: The network capability allows users to ‘Follow’ multiple investors. This provides an opportunity for investors to become familiar with the strategies and successes of a variety of traders.

Access to Training and Support: The best Forex trading sites for copy trading will provide its clients with documentation and training so they may learn the basics about the foreign exchange market. It will also walk them through the investment process and make it easy to follow traders. When planning for which network to use, ease of use should be a driving factor.

Four Things To Consider

Copy trading will allow you to look at the activity of other traders and “copy” their activity. You can choose an amount to assign to that trader and your investment will follow their activity. Most sites allow an investor to copy several investors, and others offer automated copy. When utilizing copy trading techniques in a Social Trading site there a few tips that you should follow to help increase your success.

1) Do your homework is always the first cardinal rule. An investor can focus on one high performing trader to follow or spread the investment across multiple traders. Spreading the investment may allow the added advantage for an investor to take advantage of the expertise of several investors. With either approach, research the traders track record, longevity, and risk score before investing.

2) Start with investments that will not negatively affect your life if you do not make a profit. Make a decision on the amount of time that you are prepared to hold the investments and commit to the timeline. You have an opportunity to conduct trade activity through most sites throughout the day, or hold for months or more.

3) Don’t just copy and follow. Stay informed on the latest news about the currency or company, and seek out the logic behind the transactions for the traders that are being followed or have the potential to follow.

4) All investing has risks. The advantage of a Social Trading site that you have the advantage of experienced brokers and feedback on success and challenges from other investors at your level of experience.

InstaForex Lamborghini
InstaForex often has offered a chance for members to win a Lamborghini. Click image to visit home page.

InstaForex Copy Trading Services

From the moment that you log on to InstaForex.com you see their commitment to your success. ForexCopy, the InstaForex system for copy trading, provides an easy to follow process to allow investors to identify and follow successful registered traders. The system provides access to high end financial services and all the tools needed to get begin investing. The ForexCopy system allows copying orders of successful traders, provides instant execution of copied orders, and enables adjusting a ratio of copying. Investors can monitor statistics on the trading process and strategy on the ForexCopy system monitoring page.

Video Example of the ForexCopy System:

Access to live customer service provides an additional level of assurance of success. InstaForex also offers investment incentives for account transactions including deposits and closing trades. Beyond Copy Trading, the InstaForex system provides access or a wide array of additional investment services and 107 currency pairs.

 

Pros and Cons of Copy Trading

There are pros and cons to investment. It is no different with Copy Trading.

Pros

  • Copy Trading can be an easy way for beginner to enter the trade market. While less effort researching a broker, an investor can take advantage of the wealth of experience.
  • The social dialogue can increase your investment knowledge.
  • The visibility of tracking your portfolio provides an investor the opportunity to manage risks. The monitoring systems provides real-time visibility to the investors’ portfolio, while at the same time allowing the investor to compare results to the performance of other traders. The investor can copy some different easily.
  • With InstaForex, you can start with a lower investment than almost any other site. As you gain experience and confidence the investment level can be increased.

Cons

  • One of the looming concerns is in the UK where the Financial Conduct Authority has contacted companies where they have concerns regarding the effective regulation of copy trading investment managers.
  • Honestly, it’s gambling. Never invest more than you can afford to lose. Following the most experienced trader is still a risk and the investment can be lost.
  • While you will possibly make some money, it can be a very slow growing investment.

InstaForex Site Features

As a part of the InstaForex community, an investor will experience a support variety of services on the website including:

  • Customer support via Chat or call back
  • Community and InstaForex blogs to provide users with information and a dialogue exchange to enhance the trading experience.
  • The ability to trade in Bitcoins.
  • A support system to perform copy trades the gives easy insight to experienced traders.
  • A test account with virtual money, as well as educational video to help train users about the site as the process.
InstaForex Bitcoin
The ability to trade in Bitcoin currency. Click on image for further information.
Consider InstaForex  As An Option

InstaForex provides the systems, support, and technical expertise to welcome everyone to take advantage of a growing area of investing. Now is the perfect time to take advantage of a new and profitable view of the world.

Instaforex Social
Click image to visit home page.

List of IT Companies in India

List of IT Companies in India

List of IT Companies in India

The IT industry is huge in India, accounting for 7 percent of the nation’s gross domestic product (GDP) according to NASSCOM. This is up from 1.2 percent in 1998. The Indian IT industry is a massive job creator and employs 10 million people in the country, either directly or indirectly. It is one of the engines that drive the Indian economy.

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Here, we have a made a list of IT companies in India for you. For want of space, this list of IT companies in India has only the 10 biggest companies – as measured by their market capitalization or the number of IT personnel on their payrolls. You are probably very familiar with most of the names on this list.

TCS

TCS or the Tata Consultancy Services is not just the biggest IT company in India, but one of the top 5 IT and outsourcing companies in the world. TCS is a part of India’s largest conglomerate, the Tata Group of Companies, and was actually established way back in 1968. It has its headquarters in Mumbai and has its offices in over 40 countries around the world. TCS has a record 325,000 employees on its payroll and offers software services to the Banking, Healthcare, Travel, Telecom, Hospitality and Insurance sectors.

INFOSYS

Infosys is India’s second biggest IT company and has over 195,000 employees on its payroll. Infosys had been on a decline for many years till the appointment of industry veteran, Vishal Sikka, as the CEO changed things around for the company. Infosys grew faster than any other IT company in India in 2015. Infosys offers the following services -Management Consulting, Software Testing, Business Process Outsourcing, Engineering Services, Business Applications and more.

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WIPRO

Wipro is the third biggest IT company in India, which was started by Azim Premji, who is today one of the richest men in the world. Wipro offers services across the breadth of the IT sector including Cloud Management Service, Data Integration, Human Resource Outsourcing, Testing Service and more. Wipro clients include some of the biggest names in Manufacturing, Automotive, Banking, Transportation and Retail in the world.

HCL TECHNOLOGIES

HCL Technologies is India’s fourth biggest IT company and the #1 challenger to the hegemony of the top three IT companies. HCL is headquartered in Noida and has offices in over 25 countries around the world. HCL offers services such as Network Services, Cloud Computing, Business Process Outsourcing, Testing Services etc. HCL serves some of the biggest names in the public sector, Telecom, Electronics, Retail, Manufacturing and more.

TECH MAHINDRA

Tech Mahindra is India’s fastest growing IT company that was founded in 1986 and serves more than 50 countries around the world. Tech Mahindra offers services such as Software Testing, Web Content Management, Network Services, Business Applications, and more. Tech Mahindra serves some of the biggest names in Hospitality, Banking, Telecom, Insurance and Retail.

IBM INDIA

IBM needs no introduction – it is the biggest IT company in the world by far. IBM also has a huge operation in India, its biggest outside the United States. IBM hires 150,000 IT personnel across the country.

ACCENTURE

Accenture is an American IT company which has major operations in India, with a headcount of over 200,000 IT personnel in its offices across Bangalore, Hyderabad and Chennai. Accenture is an ambitious company and plans to hire more than 95,000 IT personnel in India in 2016.

COGNIZANT

Cognizant Technology Solutions is another major American multinational corporation which offers custom IT, consulting, and business process outsourcing services and has a major operation in India. In fact, 66% of Cognizant’s 217,000 employees are based in India, which makes it one of the biggest employers in the country.

MINDTREE

Mindtree is a young Indian company that makes the list of the top IT companies in India as well. Mindtree has its headquarters in Bangalore and has operations in more than 10 countries across the world. It serves the Banking, Retail, Manufacturing, Finance, Hospitality, Travel sectors.

ORACLE FINANCIAL SERVICES

Oracle Financial Services is a fast growing IT company owned by Oracle, one of the biggest software companies in the world. With a headcount of 15,000 engineers in India, Oracle Financial Services offers top-rated ERP solutions to businesses in emerging countries.

Finally, while nobody can doubt the contribution of IT and outsourcing to the Indian economy, it does seem that the growth of IT companies in India has stagnated a bit because of their failure to respond actively to the new business models in the industry. The future of Indian IT companies depends and their ability to provide more end to end technological solutions to customers across the business spectrum.

Top 5 Startup Automation and Robotics In India

Top 5 Startup Automation and Robotics In India

Robotics In India

The start-up scene is heating up in India with a lot of new companies doing exciting new things, including in robotics and automation. Robotics and industrial automation are used by companies around the world as they make manufacturing more efficient, reduce costs all-round and save time on almost every process.

The Importance Of Robotics In India

In India, some highly educated and talented engineers have caught the startup bug and are helping the country catch up with the developed world at robotics and industrial automation. India has a distinct advantage here as there’s no shortage of brilliant engineers in the country, looking to profit from their innovations by starting their own companies.

Here are the top 5 Indian startups in robotics and industrial automation to watch out for in 2017

High-Tech Robotics – Hi-Tech Robotics is a part of the Hi-Tech Group, which has been an important player in India’s tech industry for over 20 years. Hi-Tech Robotics specialized in artificial intelligence, automation, robotics and control technologies. It has over 15 patents to its credit and does everything from system integration to requirement analysis to concept development. The company aims to bring robotics to the masses. The automation solutions delivered by Hi-Tech Robotics help manufacturers boost productivity and efficiency in the factory. Hi-Tech Robotics has been working closely with the Indian Army to develop unmanned systems that minimize the risks faced by defense personnel.

Udemy- Online Courses

Grey Orange Robotics – Grey Orange Robotics is creates robots for warehousing and delivers advanced automation solutions.

The company focuses on creating disruptive technologies and delivers sophisticated solutions for logistics and distribution in warehouses. One of the most important products created by Grey Orange Robotics is the Butler System, which makes it easier for manufacturers to handle high-tech materials.

The Butler System improves speed, accuracy, flexibility and productivity at warehouses. Grey Orange Robotics operates from two innovation centers, one on Gurgaon in the Indian state of Haryana and one in Singapore.

Systemantics – Systemantics is a promising Bangalore based startup delivers highly sophisticated automation solutions that replace human labor and handle any tasks that are repetitive, boring and tiring, or even dangerous.  Systemantics has already done a great deal of original research and development on technologies related to the robotic arm, such as servo motion controllers, speed reducers, AC servomotors, joint angle encoders, etc. The company has received financing from top private equity companies such as Accel Partners as well as from many high net worth individuals. Systematics’ most important product is a pick and place robot called Scara, which is capable of performing tasks such as feeding, stamping and stacking – which makes it so useful to the FMCG (fast moving consumer goods) and the pharmaceutical industry.

Sastra Robotics – Sastra Robotics is a Kochi based start-up that develops some highly sophisticated robotic technologies and industrial automation systems targeted at the industry as well as for the purposes of academic research and entertainment.

Sastra Robotics’ best products include…

  • Genibo – Genibo is a robot dog with four legs which can walk on its own. Genibo is capable of recognizing its owner with its “eyes”, it can respond to your words and touch. It even has its own bag of cute little tricks and cuddle up to the owner.
  • Hovis – Hovis is a humanoid robot hit that can be used in 20 different forms, depending on the purpose for which you need it for.

Sastra Robotics offers advanced solutions in circuit design, simulation and verification. Bosch is one of the biggest industrial automation companies in the world and it is one of the biggest buyers of the products and technological solutions made by Sastra Robotics.

GridBots – Gridbots is an Ahmedabad based robotics company that develops products that are used in the nuclear and space industries. The robots and automation systems developed by Gridbots are used to perform inspection, welding and cutting operations in hard to reach spots. Gridbots robots are used by the Indian Army as well, for advanced battlefield tactics and smart reconnaissance missions. Gridbots is one of the most promising new players in the Indian robotics and automation industry.

 

7 Best Swap Free Forex Halal Sites

Best Swap Free Forex Halal Sites

 

forex halal

Traditionally, Muslims were not allowed to participate in Forex trading. Because they charge overnight swaps, the standard Forex trading sites tend not to be compliant with the Sharia Law. For this reason, and more, Islamic (or Halal) accounts are provided by some specific brokerage sites.

These accounts are specially designed for those unwilling to either pay or receive interest fees resulting from their trading activities on a daily basis. Aside from this, Halal accounts do not pay interest on their deposits into the Forex brokers. This is because some brokers offer bonuses and balance top-ups to their members whenever they make a deposit. Simply phrased, Halal accounts are the same as your standard Forex trading account, the only difference being that the Islamic accounts do not offer interest payments or interest fees. Detailed below is a list of Forex sites that offer the option of Halal accounts to their customers with no rollover charges.

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7 Websites For Forex Halal Islamic Accounts

Grand Capital – With allowed hedging, a minimum deposit of $100 and a leverage of up to 500:1, Grand Capital guarantees no losses to its traders when they transfer their positions through to midnight. This broker has more than 350 trading instruments for you to choose from. Grand Capital offers security for your funds by implementing a two-factor authentication after you open your account with them.

They have convenient and ranging deposit options for you to use. Once this is done, you can start making a profit which is available for withdrawal at any time. They are flexible, efficient, fast, and offer multicurrency accounts to their traders.

IQ Option – With a minimum deposit of $10, a 91 percent payout rate, and availability of a demo account; IQ option is a good choice, especially for binary options traders. In the past, this broker has been thought to be a scam, but this is far from the truth. They have a wonderful trading platform, but what makes them stand out is their robot builder feature. This broker, although great, offers fewer trading commodities and not for United States residents. They, however, have a full range of stocks including gold and oil.

XM – The XM forex account is considerably different from other accounts provided by other Forex brokers. As mentioned, most brokers look for alternative sources of revenue by widening the spread on Halal accounts (the XM spreads are at 1.9 pips). This is not the case with XM; this forex broker requires no additional charges on the part of their customers.

The logic behind this is that Muslim traders are forbidden by their religion to pay interest. This is swap-free trading. However, if the interest charge is simply transferred to another type of fee, then it is essentially still there and was never taken away at all. This is swap-free trading in disguise. XM is one of the few forex brokers that is fair and ethical in its ways.

In just three steps, you can open your account at XM and start trading. You will be able to hold your position with no time limit, no up-front commissions, and certainly no swap charges on your overnight positions. XM will offer you real-time market execution, a leverage ratio of up to 888:1, no hidden costs, a minimum deposit of $5, and no re-quotes. You will have access to multiple trading platforms and a dedicated customer support teams to help you in all your trades. The good news is, you will be able to do this within the bounds of Islam.

FX Primus – This broker requires that you deposit at least $100 to start trading with them. The leverage offered here goes up to 500:1. The broker allows hedging on its trades. They offer fast deposits and withdrawals with 0 percent fees, 24/5 live chat customer support, and spreads as low as 0 pips. This broker offers a safe and regulated place to trade. Here, you can be sure of deep liquidity, great trading conditions for you, and no requotes. There are also numerous options for depositing and withdrawing funds from your account.

Etoro This site has been rated among the top 50 brokers and was found to be one of the best by TheFXView.com. The minimum deposit of $1000 is a bit high, but Etoro is 100 percent compliant with Sharia law. There are no swap fees, and the thousands of Muslim clients can attest to the rest of its advantages. The broker trades in a wide selection of markets including but not limited to stocks, commodities, Indices, Currencies and cryptocurrencies.

With it, great spreads- 2 pips- Etoro has an even greater social trading platform dominated by thousands of successful traders. They even offer the site in Arabic for those traders that prefer it. You can open a demo account to try out the site before you decide to open a real one.

Ava Trade – The minimum deposit at Ava Trade is $1. With markets in FX & Commodity, bitcoin, stocks, and indices and bond CFDs, this Forex broker will offer you a leverage of up to 400:1 with a typical EUR/ USD spread of 3 pips. On request, you will get an Islamic account that permits scalping, hedging, trailing stops, and integrates expert advisors to help you make investment decisions.

Forex Islamic Account

The conditions here are decent with only a few limitations being imposed on the traders. So far, the wider spreads here is the only thing making this site lag behind; otherwise, Ava Trade deals in the most profitable instruments and gives all its customers a fair chance to make profits. If you wish to trade in a wider range of instruments from one place, then this is the broker for you. Their customer support is always alert and always helpful. You can start by opening a demo account to try out the site. With its solid license, the broker will ensure your trading is secure, but not easier.

InstaForex – On this site, you can convert a regular account into a Sharia compliant one as soon as you place a request. Even after switching from the standard account to a swap-free account, the trading terms remain. The least amount one can deposit is $1. The broker, aside from allowing hedging, also allows its traders unlimited time to carry their positions. The leverage here is up to 1000:1.

You get to trade on any currency pair without losing or gaining any amount of money despite the position volume you hold. InstaForex also offers you a chance to extend your swap-free account and open a live trading account. All you have to do is contact their customer care department. The trading instruments offered by this broker are wide- 107 currency pairs, 200 CFDs on U.S. shares and ECN broker services. The broker does not require its traders to have spread so as to trade in the money market. This more than doubles your opportunities to be a successful trader.

Things To Consider In Conclusion About Forex Halal…

Halal accounts have a lot of benefits, but this does not mean that they put you at an advantage over their traders. Additionally, it’s always important to note trading comes with its fair share of risks. Some brokers look for other ways to make revenue aside from charging interest. You may find that some accounts have marginally wider spreads, while others require their customers to make higher minimum deposits. Therefore, choose your broker carefully and ensure you select one that suits you perfectly.

See Also:  Swing Trading Stocks for A Living: Jason Bond Picks Review

Udemy India: Democratization of Learning

Udemy India: Democratization of Learning

 

There’s a huge demand for quality education and skill development in India, so as you might expect Udemy is already quite big there. There are tens of thousands of courses on Udemy and millions of subscribers, from all over the world, including from India.
Udemy is the leading online learning marketplace in the world, which aims to democratize education for one and all. Started only in 2010, Udemy has grown tremendously in the short time it has been around. CEO Dennis Yang says that his company has made scaling and democratizing online education one of its biggest priorities.

Udemy India

According to Yang, markets outside the United States, including India, account for 66 percent of the traffic that Udemy gets ad 45 percent of its sales. As of now, Udemy offers 21,000 courses and has over 10,000 instructors who serve four million students in over 190 countries – including India.

Udemy has opened up a lot of opportunities for Indian teachers and professionals to earn a decent online income by offering courses of their own. An average Udemy instructor makes about $7,000, which is big money if you’re Indian.

Indian Rupee
Because Udemy has a global reach, this includes promising opportunities for Indian residents!

What does this mean for students in India? There are many who say that students in India do not have credit card or debit card facilities and hence wouldn’t be able to buy courses on Udemy. This is not really true, as most of the courses on Udemy are targeted at college or university students, most of who own credit cards and debit cards.

 

Udemy courses are also useful to working professionals (especially IT professionals), who wish to upgrade their skills or learn new skills. For example, if you are a software developer who learned Java in engineering, you may want to pick up new programming languages such as Python or learn Hadoop and Big Data. You can do so on Udemy for a very affordable price.

Why Udemy India?

 

Udemy has several advantages…

  • You don’t own your course on Udemy. You can only keep 70% of the revenue, the rest goes to the company for hosting your course. If you want a full ownership of your course, you will need to host it on your own website – which, of course, has its own challenges.
  • Udemy offers many discounts. As a learner, you may appreciate the several Udemy discount offers, but as an instructor, you won’t like them all that much, as that would mean less money for you.

Regardless, Udemy is a great way to make money, especially in a country like India, where there is a real desire to learn and develop new skills. You can sign up for Udemy here.

5 Step Formula

5 Travel Apps Recommended For Tourists

 

5 Cool Travel Apps That Will Change The Way You Get Around

 

Being a tourist today means choosing useful travel apps that help guide us throughout our journeys. These groundbreaking tools have changed the way we get around, and that’s why we offer our recommended list to help your travels less burdensome.

5 Travel Apps Recommended For Tourists

Introducing the 5 Travel Apps….

 

1) Dufl How would you like to travel without hauling around any clothes? With Dufl, you can send in your clothes and they will inventory and store them for you. When you’re ready to go on vacation or a business trip, just select the clothes you want from your inventory and specify your destination. Your clothes will meet you there! When you’re done, just schedule a pickup and they’ll ship back to your inventory. They’ll even clean your clothes for you so they’re ready for your next trip!

2) Airbnb Need a place to stay, but want to avoid hotels? Airbnb allows anyone to rent out space to travelers. Enter your destination to find all the rooms for rent in the area. All hosts and guests can be reviewed, so you can get an idea of what type of people your hosts are. Some hosts prefer to become familiar with their guests before allowing them to stay in their home, while others will allow you to book a room very quickly without any hassle. There are destinations in over 190 countries across the world.

3) Field Trip If you’re interested in finding new things to do in unfamiliar areas, Field Trip is the app for you! Field Trip monitors your current location and will send you notifications when there are areas of interest near you. You can subscribe to various feeds, such as “Historic Places and Events,” “Lifestyle,” “Food, Drinks, and Fun,” “Cool and Unique” and more. Just start exploring, and the app will let you know when you’re approaching something interesting.

4) Flush Toilet Finder When you’re in a place you’ve never been before, finding a public toilet can take a while. Not only will Flush Toilet Finder tell you where there are public restrooms in your area, it will tell you if they have disabled access, require a key or if there is a usage fee. Don’t leave yourself in a situation where you really have to go, but you don’t know where to go! There are over 190,000 toilets all over the world in the database.

5) Rome2Rio (Android or iTunes) Do you want to travel from Point A to Point B, but don’t want to work out all the details? Rome2Rio will allow you to specify any two points in the world and it will build an itinerary for every step of the way. Get on a bus here and take it there. Then take the subway to the other place. Take a flight over there and take a taxi downtown. The app will give you the travel duration between each point and provide a cost estimate. It will even show you nearby hotels and the price to stay there.

These are just a few apps that could be of some assistance in your journey as a tourist. Try them as well as other travel applications to discover which serves best for you.  After all,  mobile devices are a major part of our lives, so put them to use for that next destination!