« Older Entries

Discover the Best Forex Trading Brokers in the Philippines

Find the perfect Forex trading broker in the Philippines with our comprehensive guide. Compare top brokers, their features, and regulations to make an informed decision.

mediaimage
Find the best Forex Brokers in the Philippines

Forex trading has become increasingly popular in the Philippines, offering opportunities for traders to grow their wealth through currency fluctuations. However, with so many forex brokers available, it can be difficult to determine which one is the best fit for your trading needs. In this article, we will highlight some of the best forex trading brokers in the Philippines and why they stand out.

VT Markets Philippines

VT Markets is a leading forex broker in the Philippines, offering a wide range of financial instruments and trading options to traders around the world. With a focus on innovation and customer satisfaction, VT Markets provides traders with access to cutting-edge trading tools, expert support, and a commitment to transparency and security. The company also features a unique and innovative tool called VTrade Copy Trading, allowing traders to follow and copy the trades of successful Forex traders, giving them access to the knowledge and expertise of experienced traders and the ability to capitalize on successful strategies.

XM Group

XM Group is a well-established forex broker with a strong presence in the Philippines. The company offers over 1,000 financial instruments, including forex, stocks, indices, commodities, and more, as well as a range of trading platforms to suit different trading styles. XM Group also provides traders with access to a range of educational resources, including webinars, e-books, and educational videos, to help traders improve their trading skills.

Click here for more Forex Trading articles in Articles Factory

FP Markets

FP Markets is a multi-asset forex broker that provides traders with access to a wide range of financial instruments, including forex, commodities, indices, and shares. The company offers a range of trading platforms, including MetaTrader 4 and 5, as well as a range of educational resources to help traders improve their trading skills. FP Markets is also committed to providing a secure and transparent trading environment, offering negative balance protection and 24/7 customer support.

IC Markets

IC Markets is a leading forex broker in the Philippines, offering a range of financial instruments, including forex, commodities, indices, and shares. The company provides traders with access to a range of trading platforms, including MetaTrader 4 and 5, as well as a range of educational resources to help traders improve their trading skills. IC Markets is also committed to providing a secure and transparent trading environment, offering negative balance protection and 24/7 customer support.

In conclusion, there are many excellent forex trading brokers available in the Philippines, each offering unique features and benefits to traders. Whether you’re a beginner or an experienced trader, it’s important to consider your individual trading needs and goals when choosing a broker. VT Markets, XM Group, FP Markets, and IC Markets are just a few of the best forex trading brokers in the Philippines and are certainly worth considering for your trading needs.

Before you dive into forex, please adhere some of the following advices:

Research thoroughly if Forex Trading is suitable for you
Start with a demo account and test out your trading strategies
Start trading with small amounts and progress comfortably with bigger trades
Always practice risk management such as stop-loss
Be discipline and abide to your trading goals

Tags:

What is MX Token and How to buy MX Token?

The MX token is a decentralized digital asset that serves as the native currency of the MEXC platform, built on the Ethereum blockchain. MEXC is a leading global crypto asset trading platform that offers various types of trading, including spot, ETF, leverage, and contract trading, and currently serves over 10 million users worldwide.

mediaimage
What is MX Token?

The MX token is a decentralized digital asset that serves as the native currency of the MEXC platform, built on the Ethereum blockchain. MEXC is a leading global crypto asset trading platform that offers various types of trading, including spot, ETF, leverage, and contract trading, and currently serves over 10 million users worldwide. The team behind MEXC comprises financial and technological experts who aim to optimize users’ trading experience while providing professional and secure financial products.

As the Centralized Exchange (CEX) Token of the MEXC digital platform, MX has several key characteristics that make it stand out, including high stability and safety due to a multi-tier, multi-cluster system architecture, excellent performance with a trade matching engine capable of handling up to 1.4 million units per second, and high liquidity, with over 7 million traders and MEXC Global partners contributing to the platform’s abundance of resources.

What is MEXC Global Exchange？
MEXC Global, established in 2018, is recognized for its high-performance exchange and mega transaction matching technology. The team comprises pioneers of financial and blockchain technology. Currently, MEXC Global serves over 10 million users in more than 170 countries and territories and aims to expand further. MEXC Global is a globally present and regulated exchange, complying with renowned jurisdictions.

In addition, MEXC Global provides language support for investors from various regions to ease trading. The exchange’s high-performance trading engine, capable of completing 1.4 million transactions per second, is developed by banking industry experts, resulting in groundbreaking efficiency and performance. MEXC Global places user security at the top, hosting its servers independently across multiple countries to ensure optimal data integrity and security.

MEXC has listed over 2000+ trading pairs and cryptocurrencies, including BTC, ETH, DOT, ATOM, XRP, SHIB, GLMR, FIL, AR, AAVE, SOL, CRV, and others, covering crypto assets from Layer 0 to Layer 1.

In 2019, MEXC experienced rapid growth, achieving a 5% share of the global digital asset trading market in just one year. At the Crypto Expo Dubai in 2021, MEXC Global was honored with the “Best Crypto Exchange Asia” award, adding to the team’s already impressive list of accomplishments.

Is it worth investing in MX Token?
To determine whether MX is a good investment, it’s important to examine its applications, tokenomics, program progress, and price performance.

MX Token Applications:
MX has several applications, including being used for expenses related to trading and transactions, participation in voting for listed projects, and airdrop bonuses for MEXC users and traders.

MX also provides a 20% transaction fee reduction on the MEXC platform, and it has launched many plans to improve the MX token economy and expand its usage scenarios by providing additional utilities such as on-chain lending, liquidity mining, and DEX trading, including Launchpads, Kickstarter, MX Defi, Assessment Zone Voting, MEXC M-Day, and MEXC POS.

MEXC Launchpads are fundraising programs that involve token sales on the MEXC Exchange, giving users worldwide an inexpensive opportunity to invest in carefully chosen project tokens. Participation in MEXC Launchpads is exclusive to MX token holders, with the only requirement being ownership of MX tokens.

MEXC Kickstarter is a pre-launch listing campaign on MEXC initiated by project teams, allowing users to stake tokens and vote towards a predetermined goal. Once the goal is achieved, the listing process begins, and participating users receive free token airdrops before the listing. This event is designed to identify exceptional projects while also providing MEXC users with airdrop benefits.

Assessment Zone Voting is a program that enables users to vote for their preferred projects in the MEXC assessment zone, resulting in trading fee rewards. Users can use MX tokens to vote without limits on the number of votes. Once their voted program is listed on the platform, they will receive rewards.

MEXC M-Day is a lottery-style event that enables users to purchase a newly launched token. After purchasing a ticket to the M-Day event, users can participate in token sales via the trading round and MX holding round.

MEXC MX-Defi offers users the opportunity to stake MX/Project Tokens and receive additional tokens in return.

MX Tokenomics
MX has a total supply of 450 million tokens

100 million tokens reserved for the MEXC Foundation
150 million tokens issued by MEXC Labs
100 million tokens for MEXC Strategic Alliance
100 million tokens are being burned immediately
MEXC also commits 40% of its platform profit to a quarterly buyback and burns the program to keep the circulating supply of MX at 100 million.
What is the MX token Price Performance?

As of the time of writing, the current MX live price is $1.37 per MX/USD, with the highest price being $3.70, and the past 24-hour trading volume is$ 2.32M. As a popular cryptocurrency platform token, the MX token is currently a relatively inexpensive currency. The current price still appears to have some room for growth. However, the price of the token fluctuates greatly, so please invest with caution.

How to Buy MX Token?
MX can be purchased on many popular crypto exchanges, including Bybit, Huobi, MEXC, and ZT.

If you choose to buy MX token on MEXC Exchange, please follow these steps:

You need to have a MEXC account that supports email and phone number registration
Login to your MEXC account and go to the [Trade] section.
Choose [Trade] and [Spot], search for “MX” to see the available trading pairs, and place a limit, market, or stop-limit order to purchase MX.
The purchased MX will be stored in your Spot Wallet. Then go to the [Asset] page to check your purchased tokens.

Tags:

Counting on Success: How Accountants Assist Your Business

Entrepreneurs who want to start their own businesses can benefit from hiring professionals to handle their cash flow, tax compliance, and other responsibilities.

mediaimage
But, given your current circumstances, should you start thinking about hiring business accountants or Business Advisors Brisbane experts? Some of the reasons why you need an accountant for your business are listed below.

Your business plan becomes more realistic.

Many entrepreneurs have great business ideas. However, no matter how good these are, they do not necessarily fit the existing situation, and thus these ideas may fail. By involving an accountant early in the planning process, you can create a more realistic business plan that will guide you in the right direction. This is because an accountant can generate reports and financial projections as well as provide professional advice to help you develop an effective business plan.

You can choose the best business structure for you.

In Australia, the four main business structures are sole traders, companies, partnerships, and trusts. The structure you choose is determined by the needs of your business. A Brisbane business accountant can explain and assist you in determining the factors you need to consider to determine which business structure is best for you.

You have a better chance of obtaining a business loan.

To successfully obtain the bank’s approval for a loan, you must demonstrate to them that you are capable of repaying the money you will lend. You can provide the bank with figures that support your loan application with the help of a professional accountant. An accountant can also assist you in determining the best type of loan for you.

You can conserve time for other business matters.

Yes, you can do your thriving business’s taxes, but have you considered how much money you lose by just doing taxes? Keep in mind that time is money. If you spend eight hours calculating your taxes, and your time is worth $100 per hour, that means you spend $800 every time you deal with your taxes. And, because you are not a tax expert, you run the risk of making mistakes. Hiring an accountant can relieve you of that time-consuming task, allowing you to focus on matters that will help your business grow and generate more revenue. You will also have the assurance that your taxes are being handled by a professional.

You’ll learn more about the financial situation of your business.

As the owner of a growing company, you will eventually run out of time to deal with every aspect of your business. If you feel like you’re losing track of your finances, it’s a good idea to hire Brisbane accountants to assist you in Australia. An accountant can provide you with reports that will help you better understand your company’s current financial situation. This allows you to keep track of your company’s cash flow, revenue, and much more.

Bottomline

Aside from the reasons listed above, there are numerous other reasons why entrepreneurs and individuals in need of financial assistance require the services of an accountant. These reasons include staying current with tax laws, maintaining accurate financial records, and completing business compliance documents. Furthermore, if you are new to a startup, they can offer you useful business Coaching Brisbane that can help you set it up.

If you’re still unsure whether you need an accountant for your personal or business needs, MSI Taylor is there for you for a free initial consultation in Brisbane. Their Brisbane team is proud to work with a wide range of clients, no matter how large or small. So, if you’re looking for the best business accountants Brisbane, look no further.

Tags: