Category Archives: Websites

In all areas of activity, this section gives a detailed look at some influential and emerging websites that make our lives easier using the Internet and latest technologies.

MaxBounty Review And Reasons To Join

MaxBounty Review And Reasons To Join

 

MaxBounty Review

 

If you have a product, a service, a website or any sort of company then you probably know that one of the main pillars that holds your item together is marketing  and advertising.

The problem with these two factors is the lack of structure, resources and the unaffordable rates that people would charge you. If you are an affiliate marketer who can’t find a platform to connect you to the advertisers and their campaigns then this read is the one for you. One of the leading services out there that should definitely be your choice whether you’re an affiliate or an advertiser is MaxBounty.

MaxBounty is an online platform that connects well-trained affiliates with advertisers who are willing to pay large amounts of money. It is classified as the number one CPA network worldwide which shows how serious they are about their work. Let’s not get lost in the words and start learning more about the different features they provide.

[JOSIC: Free CPA Marketing Step by Step Guide]

The Connection Between Advertisers and Affiliates

 

Max Bounty Review
Typical MaxBounty banner. Image leads to website.

 

Features:

MaxBounty relies on providing the best features for your company’s  marketing needs. A set of features on the website can help reach a level of exposure you never knew existed together with raising funds to a whole new level. Here we are going to discuss the different features that are provided to MaxBounty’s clients.

Advertisers

With MaxBounty’s very strong advertisers program exist that will help in growing your business profitability. As a start, they possess a system of pay on results, which states that advertisers will pay per every new user. This ensures the safety of the advertisers money and shows that you get exactly what you pay for. Not to mention the huge network of MaxBounty which consists of almost 18,000 affiliates which help create even bigger network to help expose the content of the advertisers. At MaxBounty, affiliates alway try their best to deliver high quality leads that are worth your money. All the different opportunities out there will be directed to your choice and only picked when you agree fully with it.

Affiliates

If you are an affiliate then waste no time and start by joining MaxBounty’s team! The name MaxBounty shows exactly a fair image on their rate and how you will benefit from them. MaxBounty provides you with tons of different campaigns and opportunities to pick from which is a thing you will only find here. Another incentive for the new affiliates is the $1000 bonus.

This is a rule which claims that if you receive ratings higher than $1000 for your first three months, then a bonus of $1000 will be added to your fourth month. Imagine all of this money piling in your bank account weekly! Yes I said weekly, as MaxBounty provide weekly payments for the affiliates that works there. They ensure on providing you with everything that will keep you away from their competitors and working hard.

Careers

If you fell in love with MaxBounty too much, then here’s the part for you. MaxBounty’s very open for new applying candidates to join their team. Not to mention the different perks you will get by working in a company like MaxBounty. As stated explicitly on their website, you will get full benefits when you’re hired together with a total of 3 weeks of holidays. Furthermore, there are no skills needed for you to join the team, but actually they will be investing in you through trainings to help you learn what you need to know. Last but not least, are the different trade shows that happen worldwide which you will be a part off. Get your passport ready to visit the cities of your dream.

Trainings

One of the best features on the website is the trainings section. This section is created for the affiliates which helps by providing them with trainings that are needed in order to succeed in their work. Through a partnership done with LeadGadget, a database of online video based training programs is available for all the affiliates signed up with MaxBounty for free. These videos contain content that’s tailored for the affiliates of MaxBounty with just the enough resources for you to start a successful career.

Below, a YouTube user demonstrates how he runs an ad promotion on Facebook:

Campaigns

As an affiliate or an advertiser you have the feature to visit the campaigns page. This page shows you the different projects posted by advertisers and the tons of work that the affiliates has performed on each project. It shows exactly where you would be in a few hours after signing up to MaxBounty. This page divides the projects according to categories (example: Automotive, Biz Opp, Dating, download, etc…) and in each categories shows the project that lies under it. Furthermore, it gives you the rate per lead set by the advertisers which varies from a project to the other. For advertisers, this section shows you all the different things you can add to your campaign regarding allowed traffic types, countries allowed and even a description or extra notes for your affiliates.

MaxBounty Review 2
Sign up to become part of MaxBounty.

Pros and Cons

Now that you have read and learned about all the amazing features that MaxBounty provides, it ‘s time for the pros and cons table. This is a table of all the advantages and disadvantages of using MaxBounty. You need to think these bullet points through as this balance is probably what will make up your decision on using this service.

Pros (Advertiser)

  • Payment per result
  • A huge network of affiliates
  • In control of your decisions and leads
  • Project stays on till you remove it

Cons (Advertiser)

  • There are no guarantees
  • No affiliates are directly assigned to your projects

Pros (Affiliates)

  • High payment rates
  • Weekly payments
  • $1000 bonus
  • 3 weeks of holiday
  • Free training sessions

Cons (Affiliates)

  • A certain amount should be delivered weekly
  • No guarantees

Conclusion

In conclusion, MaxBounty is truly an outstanding website for both advertisers or affiliates. If you are an advertiser, you will receive professional help from trained affiliates who have dedicate their whole time providing you with the users and leads you deserve. Not to mention the fact that you will get what you paid for with full control over leads which are of high quality.

You will receive a huge network of affiliates and their circles which will create a huge traffic towards your service with optimal exposure. On the other hand, if you are an affiliate you will get the chance to work on a platform that provides you with high rates and free trainings thus helping you excel in this career.

You will have a lot of motivation and incentives from the MaxBounty team that will help keep you going. Not to mention the weekly payments which will help you forget what it’s like to be at the end of the month. Do not hesitate anymore and take your life towards success in the field of advertising and marketing. Sign up for MaxBounty and don’t miss the chance to meet all your needs and demands.

The Popularity of YouTube in India

The Popularity of YouTube in India

 

The popularity of YouTube in India

The most popular YouTube videos in India get hundreds of thousands of views every week, attesting to the popularity of the video sharing service in India. Like in the Hollywood-dominated West the popular YouTube videos in India are the latest trailers of new Bollywood releases or the hottest songs from Indian rock stars or musicians.

Tamil actor/singer Dhanush’s “Why this Kolaveri” was perhaps one of the most popular YouTube videos in India and had an impact similar to the one created by the incredibly famous and record breaking YouTube sensation, Gangnam Style by South Korean pop start PSY.

Browsing through YouTube, along with Facebook, is what a majority of Indians do on their mobile phones. India is the fastest growing smartphone market in the world, and most Indian buyers use their ultra-cheap smartphones to watch videos on YouTube.

The Importance of Mobile

Indeed, mobile is the most important part of YouTube’s India strategy, as the company owned by Google focuses on non-PC devices in countries with relatively lower PC and internet penetration such as India. Worldwide, mobile accounts for 25% of YouTube’s daily views, 1 billion in all, and this percentage is much higher in lower income countries such as India, or for that matter, in Africa.

Udemy- Online Courses

India is one of YouTube’s top five markets in the world and hence quite significant. YouTube’s primary focus is to keep growing alongside, as the penetration of smartphones, internet and “smart” DTH television grows in India. The primary focus, as discussed earlier, is on mobile penetration. YouTube plans to take advantage of the rising popularity of YouTube videos in India by integrating YouTube videos with direct-to-home (DTH) television subscriptions provided by Indian companies such as with Airtel, Tata Sky and Dish TV.

Not Just A Bollywood Thing

While the most popular YouTube videos in India have related to Bollywood, it is not necessarily the case that all top content providers in India for YouTube have links to movies to India’s “City of Dreams”.

Harsh Agrawal, of ShoutMeLoud, offers SEO lesson:

There are a plenty of content providers for YouTube in the country who have done remarkably well with their educational videos – such as, “how to change your hard drive”, product review videos – “New Google Nexus 6 Review” or “iPhone 6 Review” or some thrilling videos such as the video of stuntmen in Mumbai performing dangerous acrobatics on a moving train, which became viral, and eventually created a huge political storm, leading to stricter monitoring of Indian trains.

Point is, there is a great hunger in India for new and original videos, interesting videos, and they may have nothing whatsoever to do with Bollywood.

Video Tutorial in Hindi:

YouTube Popularity For Politics

Even politicians in India have taken to YouTube in a big way for their campaigning, none more so than India’s popular prime minister, Narendra Modi. Mr. Modi made YouTube and other social media platforms such as Twitter and Facebook the corner stones of his campaigning in the recently concluded election, which he won by a landslide victory. Mr. Modi has been a pioneer in Indian politics and very good with technology – which makes him very popular among India’s young voters. Any YouTube video of the new Indian prime minister’s speeches, was likely to get hundreds of thousands of views. Indeed, fans of the Indian prime minister have a dedicated YouTube channel where his speeches were broadcasted. Hence, it’s not outlandish to suggest that YouTube could claim a small but significant role in Mr. Modi being the prime minister of India today!

YouTube-India Partnerships

Some of the most popular YouTube videos in India have been partnerships. YouTube has had highly successful partnerships with content creators such as the India Comedy Week a few years back, during which over 400 hours of comedy content were hosted by YouTube that featured originals and some all-time favorite TV comedy shows such as Mamman Bhai, Dilli Ki Billi and Shit People Say.

YouTube’s Diverse Language Options

Another important thing done by YouTube is not to cater to India’s most popular languages – Hindi and English – alone. YouTube has made a concerted effort to target speakers of other major Indian languages such as Tamil, Telugu, Marathi, Kannada, Bengali, Malyalam, Gujarati, Punjabi as well as various dialects of Hindi such as Bhojpuri and Rajasthani.

Moving Forward

While doing business in India, YouTube has been smarter than many other multinational companies. The big reason for YouTube’s great success in India is how well the US based company has “Indianized” itself and adapted to Indian tastes and sensibilities. And the best part is that, we have seen nothing yet – YouTube will only get stronger and more popular in India over the next few years.

The Evolution of Korean Drama Online

The Evolution of Korean Drama OnlineKorean Drama Online

 

In a previous post, it spoke of how the technologies of today are challenging cable bills. And now, we’re getting quite specific with Korean drama online by way of Viki TV (YouTube page).

What is Viki TV?

Viki TV is a fantastic global television site that has allowed millions of viewers to watch, discover, and even add subtitles to prime time television movies and shows in as many as 200 different languages.

Viki aims to do away with the cultural and language barriers that have stood between the different nations and their media.  It has, through recent years, even reached a global audience of almost 1 billion users!

An Example Of A South Korean Drama

That’s significant, because that’s a large percentage of the entire world’s population of people.  It has a primary focus on Asian media, but also features media from many other countries from around the globe.

Features of Viki TV

Viki allows you to watch, via streaming, premium licensed content in a similar, albeit much more convenient way than other video streaming services.  Viki was actually the first platform that allowed users to add subtitles to videos in real-time, which is what gave it such a great reputation among the global audience.

The subtitling system even allows for multiple languages, boasting subtitles currently in up to 160 different languages.

If you’re interested in free viewing, you can watch many shows and movies on Viki for free, with no charge.   But if you want a more premium membership so that you don’t have to see advertisements, they offer a great price of membership.

Once you subscribe, you’ll never see another advertisement, which streamlines your viewing pleasures.  Its well worth it to many, and it helps to support the bustling movement of globalizing media culture.

What Is Another Example of a Show on Viki?

 

One prevalent show that is getting a lot of attention is Strong Woman Do Bong Soon, played by Park Bo-Young.  It’s an intriguing and hilarious drama/comedy about a young woman named Bong-Soon.  She was born with super human strength, which turns out to be hereditary.

[DramaFever: 6 Reasons Strong Woman Do Bong Soon will hook you until the finale]

Bong-Soon helps a bus driver that is being attacked by some thugs, and a small group of thugs wind up attacking her.  She is very easily able to vanquish them.  During that time, Ahn Min-Hyuk (real name Park Hyung Sik) arrives on the scene and sees Bong-Soon in action.  Since Min-Hyuk is the CEO of a large scale video gaming company, and loves this type of thing, he thinks that Bong-Soon would be an outstanding body guard for himself and his company.

He also decides to offer her a position in the planning department if things turn out well with her as a bodyguard.   The story continues as crimes continue to take place around the neighborhood, and Bong-Soon, along with Min-Hyuk, wind up teaming together to fight crime and solve cases.  Its a really intriguing, hilarious, and fantastic show, and really displays the creativity of Korean dramas and comedies.  Its highly recommended.

A Brief, Recent History of Korean Media

The popularity of Korean dramas has soared over the recent years as a broad global interest in Korean food, music, film, pop stars, and other cultural exports has had a widespread rise.  The Asian media has actually given a name to this, calling it “Hallyu“.

The spread of Korean pop and dramas throughout South, Southeast, and Eastern Asia was at the fore-front of the rise in Korean media popularity since the early 1990’s.

The liberalization of the media in Asia and the importation of Korean programs by the Chinese CCTV was what first showed how successful Korean entertainment could be.  It sparked a huge boom for K-Drama across China.  Since then, the Korean Wave, as they call it, has evolved from simply being a regional development into an entire global phenomenon, which has since been boosted by social media and the internet as a whole.  Korean music videos have even aided in the popularization of K-Media.

In the last 1990s, just before the turn of the century, there was a major financial crisis around Asia.  This led many media lovers to begin dabbling in Korean programming, because at the time it was a cheaper alternative.  They discovered that even though it was less expensive, at less than half of the price of Hong Kong programming, it was not lacking in quality, but was actually in many ways better than what they were used to.

Ever since the early 2000’s, South Korea has steadily climbed its way to the top as a significant exporter of pop culture and tourism, which has actually become a large part of its economic boom.

The increase in popularity of Korean popular culture world-wide has even caused the government of South Korea to support the media industry with funding and subsidies for budding start-up businesses.   A great deal of the Korean Wave’s success can be attributed to social media and social networking sites which gave rise to the Korean entertainment industry’s drama-hungry over seas audiences.

[FinancialPost: How Korea became the world’s coolest brand]

Over the years, the Korean film industry has had such a large interest in becoming a world-wide cultural phenomenon that it even went so far as to start learning from Hollywood, and even used that as a slogan for a while.  They began promoting the media companies as a commercial market, which helped to spark interest from investors and really set things in motion to change the perception of such media to be a very real economic avenue.

Korean drama online 2
The popularity of Korean drama speaks for themselves. Click image to view Viki TV’s “Viki Pass” free trial No Ads page.

Today, much in the case like Bollywood, it’s a thriving industry and something that users from around the globe are using to enhance their daily lives and find joy through incredible shows and movies.

Conclusion

If you are just now learning about Viki TV, or Korean dramas in general, you would definitely benefit from at least taking a trial of their premium services.   No matter where you live, you’ll be able to find something that you will like on Viki TV, and it will probably already have the subtitles available for you to be able to understand the language of the show.

Compared to other media sites, it has far more content for you to enjoy, and you’ll wind up learning about other cultures in the process.  You might even find something that hasn’t been subtitled in your language, and be able to contribute to the growing wealth of knowledge in media and help other uses to be able to enjoy the shows.

Its a wonderful community that crosses the borders between country and culture, and in this day-and-age, anything that brings people closer together is a positive thing.  You can feel good about supporting Viki TV, knowing that you’re helping the world become a much better place to live in.

Head on over to Viki TV now and take a look as you won’t be disappointed.  View their website link at Viki Pass for a free trail.

12 Cool Ways to Make Money Online

12 Cool Ways to Make Money Online

Ways to Make Money

 

So you’ve decided that you want to create an additional stream of income to fund that exotic trip on your bucket list, and you’re determined to use the internet to supplement your earnings. You will want to find an online niche that is unique, useful to potential users, and can generate enough revenue to help make that bucket list a bit shorter. Beyond fulfilling bucket list items, you dream of success so great that you can fire your boss and strike out on your own to make your fortune.

Then perhaps you’ve been looking for some ways to make money.
Before you give the boss his or her walking papers, consider that finding a money making online niche and turning it into reality requires a lot of time, hard work and research. Information gathering is crucial, and not just any information, but the right information. Unfortunately, there are far too many “get rich on autopilot” scams, with empty or ambiguous promises of “being up and running in a few weeks”. This information, in the form of a “system” (at a special price) may actually be:

⦁ The Wrong Information
⦁ Outdated Information
⦁ Information That One Realizes Could Have Been Obtained for Free

Buying one of these “get rich” systems is tempting for sure, but chances are very high that the only person making any money will be the one selling the system to you! Hard work, persistence and tons of free information available in cyberspace and elsewhere will help you achieve financial success and independence. And therefore, behold, the (free) suggested list for what’s creating an online revenue stream.

Top 15 Money Making List

 

1 – Author a Blog 

Reading, contributing to, or commenting on blogs has become an everyday routine for many internet users. Expertise, commitment and business savvy are all important to success.

Blogging has created a fantastic conduit for encouraging diversity and advocating for minorities, with the likes of Necole Kane  (hellonecole.comxonecole.com), Fred Mwangaguhunga of MediaTakeout.com, Zoe Griffin, Andy Torres of Style Scrapbook, David Badash’s The New Civil Rights Movement, or Viviana Hurtado and The Wise Latina Club, just to name a few . These sites and many other top blogs enjoy huge amounts of traffic and a large following on social media.

[How to Start a Food Blog and Make Money]

Create your own successful blog and you’ll have advertisers begging to pay you for ad space (Read Advertising)!

Read this previous blog post which goes further in detail on blogging.

2 – Utilize Affiliate Marketing/Programs

You can become an affiliate marketer (free!) through your website, blog, review site, e-mail list (see below), newsletter or other online presence. Links, or ads, placed on your site produce income when a visitor clicks on the link and makes a purchase at the advertiser’s site, rewarding you a commission. Clickbank, JVZoo, CJ Affiliate (formerly Commission Junction) and Amazon Affiliates are examples of companies that can assist you in becoming a successful affiliate marketer.

 

Max Bounty Review

[Best Affiliate Marketing Business Opportunities]

Other affiliate websites worth joining:

 

A word of caution: while there are many sites offering courses promising one to become a super affiliate, it’s recommended to take advantage of free resources to assist in proper guidance. The popular Warriors’ Forum has an enormous amount of recent and up to date discussion posts from seasoned Internet Marketers. Additionally, Affilorama offers both free and premium membership services.

3 – Wall Street Laptop – Online Investing & Trading

Your rent or mortgage payment is just out of reach, or that fabulous vacation you wanted to take isn’t going to be possible for another year. Why deny yourself what you want when you can use the internet to generate income?  Consider trading in the financial markets as a way to make money that not many know about.

[Wall Street Laptop: The Future For Investing Online]

These aren’t “get rich quick schemes,” you need to study and work at it for it to work for you. Be assured, with knowledge and effort, you can take these strategies and make them into money-making opportunities.

They are as follows:

  • Day Trading By day trading, we are talking about buying and selling stocks quickly during the course of a day.Sometimes you will hang onto to a stock for just a few hours, sometimes minutes. When you want to make money as a day trader, you would scout companies with high betas. This means looking for businesses which are more volatile than the overall market.You’ll find the most volatile stocks in the market are often what’s called penny stocks. These stocks trade for $5 or less per share. For example, if a stock has a beta of 2.1, the stock could climb or drop 2.1 times as fast as the market, if the market’s value begins to climb or drop. Day traders look for these potentials because fast gains can be had as they ride each volatile stock for only a short while. See this post to read more details on Jason Bond and swing trading.
  • FOREX Trading In the forex market, you buy or sell currencies.To do this, you place a trade in the foreign exchange (FOREX) market. The mechanics of a trade are very much the same as you would find in the stock market. If you have any experience in trading, you should be able to to do this fairly easily.The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.  Potential investors can discover more by reading a previous post, social trading, as it relates to both forex and penny stocks.
  • Binary Options You can make money in binary option trading if you follow a system. The key is to control risk.  A trader can never lose too much money on any particular trade.

A put option is an contract giving the owner the right, but not the obligation, to sell an underlying security, like stocks or bonds, at a specific price within a preset time. This is the opposite of a call option, which gives the contract holder the right to buy shares.

A call option is an agreement that gives an investor the right to exercise the option to buy an underlying security at a specific price within a preset time period.

In theory, you have a 50% chance of being correct on any trade whether you buy a call or a put option. To make money, you only need to be correct on about 60% of the trades you take. When you are making money in binary options, the outcome of a trade can be influenced by the other people participating and the outside environment. The outcome of a binary options trade can be anticipated by the current environment when the trade is executed. You don’t have to be right by much to be on the money making side.

  • Contract for Difference Trading Making money from CFD trading (Contracts For Difference) involves taking advantage of rising prices (long positions), or dropping prices (short positions) on stocks or bonds. The CFD is a contract between two parties, a buyer and a seller, to exchange the difference between the opening price and the closing price of a contract. When this difference is a negative amount, then the buyer pays that amount to the seller.

To make money, you need to:

  1. Understand past patterns, so you can better predict future movements
  2.  Forecast momentum, so you can “ride the wave”
  3. Swing trading by looking for stocks currently trading either above or below their normal range
  4. Taking out two positions in the same industry – one goes long while the other goes short

4 – Ad Networks

Selling advertising directly on your site can provide a steady cash flow. Using a tool such as Google AdSense can make the process easy and effective, providing access to a large existing pool of advertisers. Advertising networks love websites that attract a lot of traffic, so it’s important to work on generating unique and regular visitors each month, using this as leverage for placed ads to attract large audiences.

5 – Data Entry Online Jobs /Utilize Virtual Assistant Services

Fiverr, UpWork, and Time-etc are all examples of companies that specialize in providing virtual assistance in all kinds of business endeavors. You can freelance through these companies to use your skills and talents to make money doing what you love to do, and in many cases at your own hours! These services may include, but not exclusive to: Billing Clerk, Ghost Blogger, Business Card Designer, eNewsletter Publisher, Security Monitoring or Online Course Developers and Language Programming. Imagine taking advantage of freelance data entry jobs for hire on vacation in Thailand, Brazil or Belize!

See the previous posts regarding extra income from Udemy courses and data entry.

6 – Use Ecommerce Sites

Amazon and eBay are two well-known ecommerce sites that you can use to make money. Both provide platforms that allow you to sell products in different ways to hundreds of millions of potential buyers. Alternatively, you can set up your own site with the help of specialists, or give it a go on your own. As the saying goes, “If you build it they will come”. As an example, you could create the next best virtual flea market to bring potential sellers together in exchange for a percentage of each sale with dropshipping. Or, perhaps you have an idea of a product of your own? Either way, with the right amount of research and effort, the possibilities are endless.

 7 – Apps Development

Come up with an app that people decide they can’t live without, and watch the money roll in. Consider Chad Mureta of AppEmpire, now worth millions, who created his first app, a bestseller called Fingerprint Security Pro, with no prior experience. In-app purchasing can generate additional revenue, and in-app advertising is another potential money maker. Small business owners are realizing the impact that mobile apps can have on their bottom line, and the demand for those with the skills to create such apps is huge.

Many apps are bought and sold on Flippa.

8 – Freelance Writing

If writing is your thing, you can become a freelance writer for SEO content companies such as FiverrWriter Access,  BKA Content, or freelance exclusively for a company or a select blog or blogs. As online and social media presence becomes more and more important for a company’s survival, a gifted writer can use their talents to create some respectable income.

9 – Domain & Website Flipping

Flippa.com, NameJet.com and other auction sites facilitate the buying and selling of domain names that have expired for a variety of reasons. With some skill and tenaciousness, flipping domains and websites can be one of the simplest methods to make money online, in many cases for a considerable profit. Website flipping involves the buying of a site, improving it, and then reselling it at a higher price. A low initial investment and the chance to make money off the site even while improvements are being made can make this process lucrative as well.

Read previous entries for more: selling domains and social match phrases.

10 – E-mail List Building

Combined with a blog site following or strong social media base, successful marketers know the power of generating huge prospects, which serves as a rewarding source of passive income. In exchange for submitting an e-mail via an opt-in form, subscribers receive updates, free ebooks or discount deals (to name a few). The next step comes from sending an “e-mail blast” (MailChimp, Constant Contact and SendGrid are just a few of the top electronic marketing services used to reach potential leads) with products or services, such as those from affiliate programs. Whether you choose to build an email list with or without a website, it’s important to note that numbers are everything, giving marketers enough opportunities to monetize their website traffic or Facebook fans.

 11  – Write an E-book

With the advent of self-publishing, anyone can write and publish an e-book, with the potential to be read by millions all over the world. Whether it be fiction or non-fiction such as a how-to or a self-help book, the possibilities are limitless and the income potential great.

Brief demonstration from Stefan Pylarinos of K Money Mastery:

12 – Utilize YouTube

Creating original content on your own YouTube channel is a great way to generate revenue. The key is to create fun, engaging content that is not only appealing to many users, but to advertisers as well. Quality content submitted on a regular basis creates and nurtures advertising relationships that will last and create income over the long term. If interested, you may learn more here.

In Conclusion

Although there is no easy path to making lots of money online, there are so many opportunities available that there should be something for everyone. These 15 methods only scratch the surface of what is possible through hard work, determination, skill, lots of research, and a little luck. Choose something that appeals to you and go for it – you could be the next internet millionaire!

InstaForex Review

The Emergence of the Social Trader

The Emergence of the Social Trader

Social Trader

 

A lot of the previous blog posts have dealt with investing and how technology and the internet have made things easier for the common woman and man. So it’s no surprise to introduce another concept: The Social Trader.

Social trading is a practice online investors employ to make financial decisions, in which they utilize user-generated financial content from sites such as Profit.ly and Etoro.com. Sites like these help the social trader to analyze financial data by supplying a common ground for copying and comparing trades, strategies, and techniques. Before social trading was possible, copy traders and investors had to rely solely on technical analysis to make investment decisions.  Today’s social trading investors are able to trade data-feeds of social indicators online with other traders.

[7 Best Swap Free Forex Halal Sites]

Social or copy trading allows online trading with the assistance of others. Many social traders claim that this ability greatly shortens the time necessary to move from being a novice to becoming an experienced Forex (Foreign Exchange Market) trader. All foreign currencies are traded in this over-the-counter market, which is the most liquid and biggest world market today. Social traders can watch others take trades, interact with other traders, and then copy, or duplicate, the most successful trades, and in the process learn why top performers choose the trades they do. By using copy trades, a new trader can learn what strategies work or what strategies don’t work.

 

What are some of the key features of social trading?

Transparency – By using trading platforms like InvestFeed or eToro, a social trader can find out the performance statistics of other traders, past and present positions, plus current market sentiment, which allows members all the information they need in order to appraise the site contributor’s credibility

Monetization -The ability to convert an object or asset into legal tender or money. It is possible for copy traders to learn a great variety of data about other users which will benefit them in the long run.

Cooperative trading – Through these online sites newer traders have the chance to work cooperatively in trading teams, pool funds, share information, and divide research up collaboratively.

Information flow – Social traders can benefit greatly by studying information exchanges that flow freely between financial investors. Freely exchanged information is valuable to individual investors.

How does copy trading compare to social trading?

Copy trading capabilities are available with assorted financial trading operators as one part of a bigger social trading platform. Copy trading permits financial market traders to automatically copy any positions that are managed or opened by a particular investor inside the social trading network. A portion of the funds of a copy trader is linked to a copied investor’s account. This means that all trades initiated by the investor being copied, like opening or closing positions, or assigning Take Profit and Stop Loss orders, will then be executed in the account of the copying trader, depending upon the allotted trading funds of the copier and the proportion of the investor’s account that is being copied. Copy traders usually have the right to disconnect from any copied trades and begin to manage these trades themselves.

 

A study of copy trades in 2012 demonstrated that traders who did copy trades on eToro with a “suggested investor” were 6 to 10% more successful than manual traders, and four percent more successful than copy traders of random investors. Research is on-going to fine tune a trader’s capacity to benefit sustainably from copy trading.

Social trading has become increasingly popular. Here is a listing of the most popular social trading networks available today:

  • eToro – This site is a social trading network as well as a broker and focuses on novice investors. New investors like this site’s simple mobile friendly interface A review of eToro can be found toward the end of this article
  • ZuluTrade – This site currently has the greatest number of investors and traders online. They provide complete trade copying plus social interaction capabilities
  • Ayondo – This German based site was the first to offer auto trading to UK customers in order to “spreadbetForex accounts. They offer stocks, indices, fx, bonds, interest rates, and commodities
  • Copyop – This is the most advanced and leading trading network for social binary options
  • CM Trading CopyKat – On this site you can copy and follow traders through a special “CopyKatSIRIX trading platform. Members can mirror trades from everybody on SIRIX
  • Profit.ly – This huge website deals specifically with instructing people on penny trading ins and outs. This site offers email stock-pick alerts, SMS, plus a private chat-room where users can find help. A review of this copy trading site can be found immediately below.

InstaForex Review

Because they’ve become slightly more popular compared to the rest, we shall examine Profit.ly and eToro further:

Social Trading With Profit.ly

Profit.ly was created to introduce accountability, data-driven optimization, transparency and measurement into the world of online trading. Copy trades exist in abundance. However, concerns about stock manipulation as well as industry regulations sometimes prevent affiliates and members from being able to share information openly all the time. For this reason Profit.ly allows investors and traders to make private profiles where they can enjoy total account privacy.

Check the interview below:

This online site has advanced analytic tools which allow social traders to measure their performance, and at the same time make a knowledgeable analysis of which trade setups work the best for them. Traders can choose from various different products that include the capability to track profits, verify trades, get on leaderboards, message and follow other traders, plus view the stats of other traders for $29.95 a month. $49.95 a month allows a copy trader to make a private profile (but you won’t have access to other traders’ stats). The Pro level costs $74.95 a month and includes a private profile, as well as access to the statistics of other traders.

Profit.ly founder Timothy Sykes has made a career of exposing misinformation and fraud in the online guru and penny stock industries. A new feature of Profit.ly is called the “Bernie Madoff“, which allows community members to weed out and expose those traders that are possible liars.

profit.ly
Click image to visit Profit.ly, the Social Trading Platform

Social Trading With eToro

Founded by Jonathan Assia, eToro.com, “the Facebook of trading”, is currently the leading social trade network in the world (excluding the US). More than 5 million investors are using this social investment network. Opening an account with eToro gives you immediate access to CopyTrader, which advertises that members can choose to copy from more than 3 million traders. Once you open an account you can utilize their OpenBook platform for searching top social investors. When a potential trader to be copied is spotted, a user can allocate a part of their funds and begin copy trading. Any information that the copy trader submits is immediately protected by state-of-the-art encryption technology to ensure that your information won’t be shared with any third parties. A new account can be funded with PayPal, Moneygram, or credit card.

etoro forex
Click image to visit eToro, the world’s leading social trading network

One interesting feature of eToro is that if “popular traders” are copied, they’ll be rewarded. Depending on how many copiers a Popular Trader has, they’ll receive monthly fixed commission payments. The topmost “Elite” traders will receive annually 2% of all funds that are under their management, as well as totally commission free trading. In July of 2016 eToro updated their “Popular Investor Dashboard” to include a CRM (Customer Relationship Management System) which enables more interactions between copiers and Popular Investors. There’s currently more than 5 million users on eToro, which appeals to professional traders that are interested in making some extra cash for their trading skills.

To discover more details on the popular Social Trading platform, consider reading the full blog post review on eToro.

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.

Discover How to Make Money with Udemy

Discover How to Make Money with Udemy

How to Make Money with Udemy

 

One cool way of earning extra income is through learning how to make money with Udemy.

Udemy is perhaps one of the best opportunities out there for earning a decent online income. You can make money by teaching almost anything on Udemy. It’s an online community that makes it possible for people to post training programs on their website, for the benefit of learners all over the world.
The learning programs on Udemy are a mix of serious, educational, fun and entertaining. There’s a potential for a lot of money to be made for those posting in the educational segments.

Udemy was only introduced in 2010, which is not so long ago, but already, it has become the most well known names in online education. You will not only be able to pick up new skills on Udemy, you will also be able to make money by teaching other people the new skills that you’re good at. In this post, we discuss how to make money with Udemy.

 What are the popular courses for how to make money with Udemy?

 

You can teach just about anything on Udemy, but the most popular categories are Technology, Sports and Games, Crafts and Hobbies, Business, Health & Fitness, Design, Arts & Photography, Math & Science, Lifestyle, Music, Humanities, Social Sciences, Languages and Education.

Technology is by far the most popular category. There’s a lot of demand for programming languages such as C, C++, Python, Java, etc. There’s a lot of demand for algebra and calculus courses as well. There are also courses that teach you how to start a small business. In all, there are over 21,000 courses that students can choose from.

How to Make Money with Udemy

How to get started making money on Udemy

Anybody can start a course on Udemy. You don’t need any special training or degree as such, but you will need to be an authority in your chosen field. Otherwise, nobody would buy your course. Teachers generally do well here, as they have a lot of experience.
Udemy provides plenty of tools and resources to help you get going, such as:

  • A free online training program
  • Course design and development support
  • A round-the-clock support
  • Mobile App
  • Course Management Tools such as Course Tracking
  • An unlimited number of video uploads
  • Special discount coupons

How to create a course on Udemy

Creating a course on Udemy is quite easy. You will need to plan the course first, then create the content for it. Next step is to follow the instructions to publish the course online at Udemy.

Following that, you will need to invest time and effort on marketing the course. You can promote the course on the social media, on online forums, on authority blogs, video channels and by using pay-per-click advertising.

So, how much money can a trainer make on Udemy?

Udemy allows trainers to keep 70 percent of the revenue generated by them. The best way to make money on Udemy is to teach others what you’re really good at. You are allowed to set your own fees for your courses. You can set the course fees as high as you like, this is entirely up to you.

Most Udemy trainers make $7,000 per year on an average. This represents a continuous stream of income as students join the course at any time. There’s a lot of potential for big money to be made. Some of the popular trainers even make a six-figure or seven-figure income.

You can expect to make anything from $10 to $30 per hour on your courses.

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.

[Wall Street Laptop: The Future For Investing Online]

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