Tag Archives: Make Money Online

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.

Is It Okay To Use Your Business Slogan In An Adwords Ad?

Is It Okay To Use Your Business Slogan In An Adwords Ad?

Is It Okay To Use Your Business Slogan In An Adwords Ad

 

Sure, using slogans in your Adwords ad sounds like a good idea. Slogans, by design, are short, catchy, and memorable, intended to creep into a prospect’s mind as a constant reminder of your product’s unique selling proposition. Makes sense, then, that if you insert it into an Adwords ad, it should do its job of stealing the prospect’s attention and leading them to click on your placement, wouldn’t it?

While the logic does seem sound in theory, practice has shown this to be a less than precise assessment. In fact, it’s often a large ways off the mark. Split-tested next to a well-crafted ad that focuses on offering specific benefits, demonstrating value, or addressing a prospect’s concerns, it will almost always fall short. Why is this so?

Slogans Can Be Cryptic

Imagine Wendy’s running an Adwords ad with nothing but their brand and tagline “Where’s the beef?”

Doesn’t exactly provide any information that’s likely to help your shopping decisions, does it? What about Panasonic and their slogan “Ideas for life” coming out when I’m searching for 50-inch TVs? Nothing about that tells me they have the product I am looking for. How about searching for the newest Lebrons and seeing an ad for Nike and “Just do it?” Again, nothing of enough substance to makes you want to follow the link.

[4 Of The Best Ad Networks for Publishers]

Good slogans are intended to be memorable and easy to repeat, all while leaving the consumer with a positive image of the brand. This is all well and good for positioning the brand and capturing mind share. When trying to convince searchers to hit a link and buy your product, however, they don’t exactly make for the most compelling argument, especially when questions the prospect has about the offer remain unaddressed.

People Aren’t Searching For Slogans

Say, a customer who has previously bought from you before sees a slogan-centered ad you’re running. The person sees the brand name, the slogan, and a brief mention of the specific product being searched for. Chances are, this individual who already knows your brand has already seen and heard your slogan. What they’re unable to find is more information about the offer in your ad as it relates to their specific search query. In this scenario, the slogan doesn’t really do anything to add clarity to what the prospect is looking for, leading them to look somewhere else that provides just a little more in the way of information.

Things are likely to get even worse with someone who is completely unfamiliar with neither the brand nor the product.

They see the brand, the slogan, and a call to action, but nothing in the way of answering any lingering questions about what a product is, what a store offers, and what kind of advantage they’ll get choosing this offer instead of the one on the link right below it. Slogans may give insight into some of those concerns, although in many common scenarios, they simply don’t.

It’s Worthwhile To Test

Will business slogans ever work in PPC? In some cases, yes. With the right search keywords and the right slogan, it could very well turn out as your best-performing ad. If you think your slogan has the potential to do this for your Adwords campaign, then test it by all means. Do not, however, rest your faith on that catchy tagline blindly. No matter how much you adore that clever slogan you’ve been using in the last five years of your business, it’s just one potential tool in your Adwords copywriting arsenal — one that you should be testing side-by-side with ads that do without it.

10 Top Day Trading Tips

10 Top Day Trading Tips

Day Trading Tips

 

If you’re looking for some day trading tips, we’ve come up with some great ideas. While it has it’s fair share of risks, there’s certainly a lot of potential.

Day trading has become more popular as a way to make money by stock trading, especially after Timothy Sykes’ story hit the media.  Many people got the idea that trading was an easy way to make money working at home in their pajamas.

This idea turned out to be a misconception.  Day trading takes a little time to learn, and it can be lucrative from where ever you’re located, but you need to learn the basics before you start.

[Wall Street Laptop: The Future For Investing Online]

The first lesson is to understand that investment trading comes with risks and it’s important that you do your homework before committing.

First, What is Day Trading?

Day trading is the process of buying and selling securities, or a financial instrument, during the same day or more than once over the course of a day.   Because many brokerages have moved to online trading, you can conduct your business from your location.

Basically, a person involved in day trading is looking to make money by taking advantage of little price movements in individual assets (stocks) or indexes.  Day traders look for three different things in a stock: volatility, liquidity, and trading volume.  To explain these terms:

  • Volatility is the measure of expected daily price ranges, such as stocks from a corporation that experiences a higher rate of variance in its cash flow.  These situations can be capitalized on by a day trader.  The higher the volatility can mean higher profits or greater losses.
  • Liquidity in the financial market refers to the ease and price in which a security can be obtained.  Liquidity allows for easy entrance and exit from a stock at a good price.  The more liquid a stock is, the more easily it is for day trading.  Liquid stocks also tend to be cheaper than other stocks.  Stocks from a higher market capitalization corporation are generally more liquid because it’s easier to locate buyers and sellers.
  • Trading volume is an excellent indicator to a day trader to the stock’s volatility and liquidity because of the volume.  The volume is how many times the stock is bought sold within a particular period of time, which is usually averaged daily.  The more volume reflects the interest in a particular stock, but it does not indicate if that interest is positive or negative.  Often, when the trade volume increases it is indicative of price movements that are going to transpire.  One tool day traders use is the Trade Volume Index (TVI) to help decide whether to buy a stock or not because of the amount of money flow into and out of an asset.

Timothy Sykes

In 1999, Timothy Sykes seemed to be like most high school students, but he soon became famous with a story that impacted the world of day trading.  Sykes saved his gift money over the years and it to start day trading penny stocks.

His investment was approximately $12,500, and it earned him about $1.65 million by his 21st birthday.  He’s now part of the social trading platform Profit.ly, and regularly post live feeds to site members from a personal.

Many thought if a young person could do this without being an expert, then it must not be that complicated.  This is partially true, but Sykes spent hours studying before he started.

10 Day Trading Tips

To get you on your way day trading, here are some basic rules and tips:

1) While you’re learning, take advantage of free resources like Youtube videos and blog posts.  When you feel ready, set up a practice account online (some websites allow you to do this) and test a few trades.

2) Have an enter price, exit price, and an escape price.  Before you press the button to finalize the deal, you need to know when to get in, when to get out, and a strategy to get out if things are not going as expected.

3) Always set your price targets before you do it and stick with your decisions.  It will help you keep from being overly greedy if the price spikes and limit any losses.

4 ) When the market opens, avoid trading within the first 15 minutes, especially if you are a newbie to day trading.  Those 15 minutes of action are full of market orders placed the night before and panic trades.  It pays to wait until you’re able to see a rewarding opportunity.

5) To find an entry point, look for situations where supply and demand are drastically imbalanced.  If a supply is nearly gone and there are still buyers, then the price will go up, and if there is a surplus of supply and no buyers, the price will go down.

6) An important lesson is to set a proper risk-reward ratio.  At least 3:1 will allow you to win big and lose small and can help you come out ahead if you experience losses on several trades.

7) Be patient and don’t make a trade because you feel like you need to “just do something.”  Make your trade plan and trade according to your plan.  It takes discipline, and impulsive decisions can become your worst enemy if you’re working alone.

Timothy Sykes was mentioned in a previous blog post as a successful penny stock trader from the social trading site Profit.ly. Click image to read more.

8) Don’t risk too much capital on one trade and only trade with money you can afford to lose.  Budget your day trading and don’t exceed it thinking you are missing an unseen opportunity.

9) Don’t limit yourself to day trading stocks.  There are three other asset classes to keep in mind: forex, futures, and options.  Any of these can present an appealing opportunity.

10) As you go, you’ll learn from your experiences and as you’re learning don’t second guess yourself or your set rules established for getting in and out.  Every day trader losses at times, so don’t be too rough on yourself when things don’t go as planned.

day trading tip 3
Day trading comes with its fair share of risks. Be sure to exercise discipline, patience, practice and smart study habits.

Pros of Day Trading

The biggest pro of day trading is that you can earn some serious money if you can afford to take the risk.  As you learn the inner workings of the marketplace and create your enter and exit plans, you can increase the returns on your money. If you enjoy cliffhanger moments, you can enjoy them regularly.  If day trading becomes your job, then you can gain freedom from punching a clock.  You can set your schedule, work from anywhere, and earn an unlimited amount of income versus a salary.

Cons of Day Trading

Day trading carries a high risk because there are no guarantees that you will make any money and you can lose the money you have.  There is some expense involved outside of having a current computer, and you may need to purchase software to help spot price variations and access financial information.

You will need some capital to get started, and the money could be lost.  Day trading can be stressful and time-consuming, especially when you begin, so pace yourself.

10 day trading tips
Timothy Sykes, a popular day trader, is an active member of Profit.ly. Click image to view website.

 

The Final Verdict

Day trading is risky, but it can also be rewarding.  As a beginner, spend the time to learn the ins and outs of trading and spend time watching the marketplace.  Initially, you may want to get a mentor to help you.  You will learn from a seasoned person that will help you avoid pitfalls and will help reinforce what you have learned.

Considering Moving Abroad Like Thailand or Brazil? Then Follow This Plan

Considering Moving Abroad Like Thailand or Brazil? Then Follow This Plan

 

Considering Moving Abroad

There are many individuals who have succeeded in leaving their native country in pursuit of another destination, and there are those who have attempted and failed. If you are seriously considering moving abroad, especially to the exotic country like Brazil, you are going to need a game plan.

Apart from getting your visa sorted out and purchasing airline tickets, a significant amount of preplanning is required to get you started with your new life in one of the most vibrant places in the world.

Don’t lose yourself in the excitement, and remember to adhere to the guidelines we are going to discuss below.

Save, Save and Save!

If you’ve made a move before, whether it is to another neighborhood or another city, it will take cash. Now that you’re considering moving to another country altogether, it’s going to take a lot more.

Think about it for a second and consider the many unique costs you’re likely to incur. Visa, legal clearances, shipping personal possessions, bit ticket purchases. These expenses are the ones you will incur before you even get there. Now let’s come to the living expenses when the wheels touchdown in the Promised Land.

If you are planning to start from scratch, then having at least about 5 to 8 months of living expenses is highly recommended. If you run out of money in a country where you don’t know the language or customs, it can be scary. Ensure that the financial aspect is covered before you even consider anything else.

Cost to Live A Comfortable Lifestyle in Thailand – According to Scott Mallon 

Do you have a support group in your desired destination? While some solo expatriates have been able to establish themselves own their own, consider the option of seeking out a support system or group of global entrepreneurs who may assist in the process.

These groups may be found on traveler forums or through the social networks. During years of reading the experience of many expatriates, most will advise to first spend a few months in your target before making any final decision.

Tips about Brazil – According to Room In The Moon

And take into account, if such online group does not exist, you may need to use Facebook, Twitter or Google+ to start one of your own.

 

Check and Then Double Check Your Paperwork

When you’re in the process of preparing for your departure, you will be filling out a bunch of paperwork for both, the countries, the one you reside in and the one you intend to visit. Remember to make copies of every document that has your signature on it and every other legal and policy document that is signed to your name.

Considering Moving Abroad2
City lights of Thailand

 

 

 

 

 

 

Because pretty soon, you will be jumping through hoops for international money transfers, filling out tax information, obtaining health clearances, and if you are bringing along a family member, the relevant paper for them as well.

Long story short, do not get on the plane before you confirm, multiple times, that everything you need is there with you, along with backups should you lose the said documents.

Address Any And All Health Needs

Whenever one travels to another country, there is a slew of medical verifications you must go through before you become eligible for a visa. In the case of Brazil, being an exotic vacation destination, there are certain vaccinations and in some cases boosters you must be inoculated with before you become eligible. For that you will be requiring proof, so get the relevant paperwork from the lab or your doctor.

 

Create a Steady Stream of Online Income

Let’s be honest, moving abroad requires money.  And when traveling overseas, the importance of having a sustained online business cannot be overlooked or over stated. Since you are going to need a lot of money to reach Brazil (or wherever) and get settled there, before you start earning again, if you have an online business it can help you stay liquid for the foreseeable future.

Such are the perks of being an online entrepreneur, even while traveling you can take your livelihood with you.  We compiled an extensive list of ways to make money from the internet which one can read at this blog post.

Some forms of online income could be, but not excluded to:

Obviously, it should be noted that generating any amount of income, online or offline, varies per person, and dreams of becoming rich over night (if at all) should be left as just that- dreams.

Additionally, as with all areas of money making, it’s the hard work and effort one must put in before reaping anything significant. The idea of waking up to log on to your virtual work station (Laptop) at the comfort of your desired location is certainly a goal worth reaching.

However, it may require an enormous amount of “elbow grease” depending on your niche.

Love him or hate him, Fred Mwangaguhunga of MediaTakeOut (cringe) has stressed the narrative of hard work. In an online interview, he states,

“as far as I’m concerned, I work 365 days in a year. So I’m working Christmas, morning, when people are sleeping, I’m up and I’m working….. I get up probably around 3:30-4:00 in the morning. And on a regular day, weekday, typical workday, I get up around 2:00 in the morning. And my days are usually somewhere around 12 to 15 hour days”.

Now in terms of finding work overseas, such as Brazil, it’s important to spend a few weeks or months on land to gather as much information as . Thus, once you’ve finally landed a job in Brazil, you will be pleased to find out that the local government regulations state that companies are required to pay their employees an extra month of salary at the year end. Imagine all you can do once you make the life you’ve been dreaming of.

 

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.

Examining The Financial Trump Rally

Examining The Financial Trump Rally

 

Trump Rally

 

 

 

 

 

In the early morning of November 9th, 2016, Trump was declared the President of the United States after Hillary Clinton conceded. For business men and women, especially those in the stock business, this was a defining moment, and as seen with every President, there are economic effects that have to be felt.

 

Within a couple of days, stocks began to rally and the dollar was strengthened to levels that haven’t been seen for over a decade. Trump’s economic agenda might be among the reasons that saw the strengthening of the dollar, or it might be his economic policies that have increased investor confidence.

This effect has now been named after the man to whom it is owed, and it is known as the Trump Rally. No, not the rally as it relates to protests or large gatherings for Trump supporters, but the one in terms of finances.

Lou Dobbs Commentary:

What exactly is the Trump Rally?

The Trump Rally is the positive effect on the economy that the election of Donald Trump as President has had. Just when it was clear that Trump was going to win the election, the stocks fell by about 5% on the evening of November 8th, and a number of people predicted that the market might crash if Trump wins the presidency.

On the morning of November 9th, when Trump was to give his acceptance speech, the stocks were still quite low. However, the stocks rose significantly and by the end of the day, the stocks had not only recovered the losses from the previous day, but they had also risen by 1%. This alludes to the economic policies that Trump has, which are seen to favor investment.

[Donald Trump News For Internet Entrepreneurship]

There has been quite a race in the stock market, and most countries have joined in the rally. Europe has been rallying as well, and the effects seen in most of these markets are figures that have not been seen for a long time. In just three and a half months, the stocks indices have lifted by a whopping 10%, a level that has not been seen in the last thirteen years.

[Forbes: Wall Street-Friendly Era]

The reasons behind the rallying are varied, and everyone seems to have a different opinion. The first speculation is the economic promises by President Trump. These include the promise to cut costs, less strict business regulations and turning infrastructure into a tax incentive. It could also be that the economy is getting better under the leadership of President Trump. Whatever the reasons, a lot of investors are riding the Trump Rally in an effort to increase their profits.

Video Commentary From AvaTrade

How Investors are Taking Advantage of the Trump Rally

With increased confidence in investment, there has been a race to gain using the Trump Rally. Stock rallying has been the method through which investors have been riding the Trump Rally.

The Trump Rally has been characterized by an increase in the purchase of stock. This increase in the stock trading has been as a result of increased investor confidence, which has directly led to an increase in demand for stocks in the market. An increase in capital and investments for companies have been realized, rising to up to as high as $100 million. Shareholders are releasing their shares at very high values, and investors are scrambling to get these shares.

However, there is quite a number of risk associated with the Trump Rally. First, it is not known to be permanent or a temporary occurrence. The investors are mostly dependent on the enactment of the promises made by president Trump, including reduced taxes and reduced restrictions on investments. The fear is that if these promises are not upheld, the investors run the risk of losing the amount of money that they use to invest.

TheStreet Discussion On Tech Stocks:

The other threat is the threat that the market will falter just as fast as it gained. At the moment, the stock market is riding on the crowd effect towards investment. The first person was driven by Trump’s promises, the second person was driven a bit by Trump and a bit by the first person, and now everyone is riding on the high that is the crazy number of investments. The fear of this is that this is a house of cards, and the slightest falter in confidence might lead to a crash in the market, back to the values from before the election, or even lower.

The Role of Online Investing and Trading

Online investment is the buying and trading is the buying and selling of stock electronically, and it plays a major role in everyday investment. You should read this post for further details regarding online investing.

Online trading is important for several reasons. First, online trading can play a role in your overall financial plan. If you buy and sell stock regularly, and you do it well enough to earn you some regular amount of money, you can add it to your financial plan. Secondly, with online investment and trading can be practiced as a side hustle, away from your main job. A knowledge of the stock exchange and trading values is necessary, no other knowledge is necessary.

There are three major ways through which you can participate in online trading. These three ways also are playing a major role in the Trump Rally as well. They are Forex, Bitcoins trading and Penny stocks.

Forex trading is a global market where different countries trade currencies. When visiting a new country, you are expected to use the currency of that country, and therefore, you change your dollars to, say, South African Rand. The amount of money you get when trading while getting into the country may be 13.22 Rand. While leaving the country, you need your dollars back, and while trading, you might be required to give 13.27 Rand for a dollar. This is foreign exchange. On a larger scale, a person may buy and sell the South African Rand, depending on how much it is trading against the dollar.

Foreign exchange can be done online, and in the Trump Rally, the investors have been riding on the strength of the dollar, buying it at very low prices and selling at relatively higher prices.

The role of bitcoins in the Trump Rally, which is traded online as well, cannot be understated. Bitcoin is a digital currency that can be bought, sold, saved and even cashed. During the Trump Rally, the bitcoin has been seen to stabilize due to an increase in investor confidence. Before Trump got elected, the bitcoin was trading at below $1000, but has stabilized and is now trading at approximately $1185.

Penny stocks, also traded online, are stocks with relatively higher risks and higher speculations, and they trade outside the major stock exchanges. They lack liquidity and are mostly traded over-the-counter, even though they are traded online as well. Riding the Trump Rally, investors have been buying penny stocks, due to a relatively safer cushioning. However, most investors have been hesitant, because, either way, penny stocks are high risk.

This just goes to show just how much the Trump Rally has been good to online investment and trading.

In conclusion, the Trump Rally is great for the American market and everyone working in it. The rush for gold is real, and the high demand is great. However, the uncertainties surrounding this rush are just as many, and the best course of action for any investor is to wait and see where this goes, and when there are fewer uncertainties, then invest.

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

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.

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