Milestones in the world economy in 2013

January 10th, 2014

index1-300x200Fiscal cliff in the U.S.

Everyone remembers that in early 2013 the U.S. economy, but more precisely, the valid U.S. budget encountered current money pressure that caused a risk of the so-called fiscal cliff threatening a tax hike and social expenditures curb. In practice, a sharp fiscal cliff did not happen. However, the U.S. President had to explain American nationals why healthcare and education would fall short of a massive part of the budget approved in late 2012. Besides, taxes had to be upgraded marginally for the whole population, although the Democrats had called for the tax hike only for the rich. Anyway, the U.S. government was able to meet the fiscal challenge and handle it smoothly. With the lapse of time, such awful words as “a fiscal cliff” faded from view mainly due to the fact that later in 2013 America faced even more severe turmoil.

Crisis in Cyprus
3f07d73006d544451947c2371a3b68c0-300x234

The crisis in Cyprus did not combust on such a vast scale as in Greece. This is not only because Greece’s area is in large excess over the island state Cyprus, but also due to the fact that the Cypriot crisis concerned entirely the banking sector. Interestingly, the banking sector’s failure in Cyprus stroke mostly those deposit holders who are outside of Europe; that is why it was left without much financial investigation. The E.U. policymakers suggested the bailout package, implemented the money laundering scheme, and assigned the local government to conduct structural reforms to restore macroeconomic imbalances under the supervision of the Troika, or three loan suppliers such as the EC, the IMF, and the ECB. Russian deposit holders turned their attention to Latvia’s and Ireland’s banks, while Europeans put their trust in local banks, in particular banks from the countries with a credit rating above “Aa”. To sum up, the crash of private Cypriot banks cannot be considered as the event of the global or European scale since it gives place to other world events because of its local significance and some risks for shadow assets in the global markets.

1-4054-17c1b-10765-300x225Budget problems in the U.S.

In September, the Republicans and the Democrats were involved in bitter political fighting regarding the U.S. budget for 2014. The Republicans rejected flatly all Democrats’ proposals bearing in mind that letting down the Republicans’ budget draft the Democrats would never get approval to raise the state debt ceiling which had to be reached on September 17 and therefore could lead the economy to the default. Everyone understood that it would never happen, otherwise the involved parties would be found guilty; the Democrats would be accused of short-sightedness and the Republicans – of single-mindedness.

Eventually, the pro-Republican budget was passed; meanwhile, the government’s debt deadline was rescheduled. It is worthy of note that amid unwise bipartisan fighting in the U.S. Senate, Chairman of the Federal Reserve Ben Bernanke developed the clever policy. It is his quantitative easing program that is supposed to save the American economy, but not the senators and the President. Read the rest of this entry »

We wish you Merry Christmas and Happy New Year 2014!

December 24th, 2013

Dear Customers, Partners, and Friends,

InstaForex team would like to express heartfelt congratulation on Christmas and New Year. We wish you a very happy and joyful year ahead with great achievements, personal and career successes, new journeys and pleasant acquaintances, and the most important things – health, happiness and love.

Looking back on the year of 2013, we can say it was not that simple for business people. The difficult economic situation along with significant market volatility and other external economic factors to some extent affected big investors, households around the world, and all of us. However, we hope that you have gone unscathed through the past year and have become stronger, wiser and more experienced. For everyone, the year of 2013 was different but all of us planned our future and worked. We worked hard so that the next year would be more successful and would be the time of new beginnings and remarkable accomplishments. You should meet the New Year having these positive thoughts.

Summing up the results of 2013, Installable would like to take the opportunity to look back on the past year’s achievements most of which were possible thanks to you, our clients and partners! In early 2013, InstaForex extended its wide range of bonuses, adding 45% Bonus. The beginning of the summer was marked with unparalleled 250% Bonus for new customers.

new_year_2014_instaforex_en

The company went on with its technical development as well. It launched several trading servers in the regions mostly overloaded by trading activity. Now InstaForex numbers 11 trading serves and over 30 data centers all over the world. This fact contributes to the company’s competitive advantage in terms of the speed of orders execution and real-time quotes provision.

A popular service of options trading was also extended enabling InstaForex clients to trade both intraday and expiry options.

As well as all the preceding years, the year of 2013 was the year of international recognition for InstaForex brining more titles, prizes and awards. Thus, the company’s awards received in 2013 include Best ECN Broker title by UK Forex Awards, Best Global Retail FX Broker certificate by European CEO, Best Broker Northern Asia by World Finance Awards, and Best Broker in Asia by The China International Online Trading Expo. InstaForex held four conferences in 2013 in different cities worldwide. It also participated in ten events devoted to financial markets, particularly, to the forex market.   In 2013, Janko Tipsarević, the Serbian tennis player included in the top ten of ATP rankings, became the face of the broker.  Also, 2013 was the year when InstaForex became the sponsor of HKm Zvolen, a leading Slovak ice hockey team, and an official partner of the Anglo-Russian Marussia F1 Team. And finally, a customer of InstaForex won the Best Trading, Luxury Driving campaign that raffled Porsche Cayenne. We remind you that InstaForex will hold Lotus Evora prize draw! Once again, we wish you and your families merry Christmas and a prosperous New Year! All the best in the new year to come!

Be with InstaForex in 2014!

InstaForex sums up of Grand Dinner 2013 in Kuala Lumpur

December 20th, 2013

On December 7, 2013 Malaysia’s Kuala Lumpur hosted InstaForex Grand Dinner 2013, one of the year’s biggest business events.
The gala dinner gathered the gamut of guests, from newcomers to experts at forex trading. The overall number of participants was 750 from 11 Malaysia’s regions. Traditionally, InstaForex provided residents of remote Malaysian areas with free luxury shuttle buses.

_MG_7552
The theme of the dinner was Colours of Malaysia and suggested that guests would wear national costumes. They did not fail: wonderful, bright national outfits made the dinner special.
All the guests and participants of InstaForex Grand Dinner 2013 had the chance to share their professional experiences and just spend time in an informal setting of Istana Hotel.

_MG_7690

InstaForex Grand Dinner 2013 was an excellent platform for fruitful meetings, communication with investors, fellow traders and the broker’s representatives. It was also a matchless opportunity to extend business contacts and environment.

_MG_7685

In addition to the formal part of the event devoted to financial markets, all the guests of InstaForex Grand Dinner 2013 had a nice entertainment with a famous Malaysian singer and magician. The guests of the gala diner could partake in a national costume show and karaoke. What’s more, InstaForex held its prize draw among the event participants. The company raffled iPhone 5, Samsung Galaxy S4, iPad mini, Samsung Galaxy tab 2, two plasma TVs as well as trading accounts worth 500$, 1,000$, 2,000$, and the main prize 8,000$. The prize pool totaled $25,000. Also, all the guests were handed sets of InstaForex official promo products.

_MG_7791

The grand dinner in Kuala Lumpur was a great success. The guests of the event thanked organizers for a wonderful opportunity to meet and communicate with a lot of people and have a good time during a rich entertainment program. When an official part came to an end, no one wanted to go home. People exchanged contacts, took pictures of them and new friends as well as company representatives.
We look forward to meeting you at upcoming InstaForex events in Kuala Lumpur!

Photoalbum.

ShowFx World 2013 in Yekaterinburg

November 29th, 2013

On November 16, 2013, another ShowFx World conference took place in Yekaterinburg, one of the largest Russian cities and the center of the Ural Federal District. Yekaterinburg was chosen as a scene of the event due to the fact that it is not just an industrial capital of the country, but also an important financial center of the Eurasian region.  Besides, the city has enormous economic and financial potential.

IMG_8431

This time, Atrium Palace Hotel welcomed the conference guests. Year after year, ShowFx World attracts even more guests drawing attention of new participants from all over the world. But one thing remains constant – the major partner of this event is one of the world’s leading brokers, InstaForex. All the participants had the unique opportunity to be involved in the workshops held by InstaForex analysts such as:

1.Victor Pershikov: Trading on Forex Using Fibonacci Retracements

2.Gennadiy Babak: Cutting-edge Technologies for Forex and Stock Market. Golden Foundry of Traders – Software for Proprietary Companies

3.Sergey Belyaev: Basics of Trading Using Candlestick Analysis

4.Artur Uryupin: Fundamentals of Forecasting. Determination of Potential Reversal Zones on Price Charts

5.Timur Nigmatullin: Prospects for EUR/RUB and USD/RUB by late 2013 Based on Fundamental Analysis of Russian Economy

As usual, every participant of the event had a chance to make use of the offers from InstaForex, the key sponsor of ShowFx World, by visiting InstaForex booth. InstaForex raffled three certificates $500 each as well as Apple and Samsung gadgets.

IMG_8428

The award ceremony of the fourth annual beauty contest Miss Insta Asia was also held within the conference. The ladies from different countries were competing for the beauty queen crown and title of Miss Insta Asia 2013. Internet users picked six most beautiful and stunning ladies through online voting. The solemn award ceremony was such a highlight of the ShowFx World conference. This year’s beauty queen, Svetlana Vilchinskaya, was awarded with a $20,000 certificate. Dian Kemala from Indonesia, the winner in the Forex Lady nomination, and Svetlana Yegorova, the winner in the Miss Posh nomination, were acknowledged with a $8,000 and $3,000 respectively.

IMG_8657

The conference in Yekaterinburg was a great occasion for meeting with colleagues, getting to know the latest trends in the world of trading, attending workshops on up-to-the-minute issues, and asking professionals the questions you are interested in. The fact that the conference was going on in the form of informal conversation is no less important.
InstaForex team would like to thank all the ShowFx World organizers as well as all the participants and guests of the event. Hope to see you soon!

InstaForex keeps abreast of the major events in the world of trading!

Magnus Carlsen is the World Chess Champion!

November 25th, 2013

InstaForex is happy to announce one of the most important events in the world elite sport in the current year; Magnus Carlsen won the undisputed victory in the match for the world chess crown. Magnus Carlsen, the face of InstaForex in 2011-2012, became the new 16th world chess champion after having beaten current world champion Viswanathan Anand in 10 games of the championship duel. The endgame’s score 6.5 – 3.5 proves the convincing victory of the World Champion title contender.

m_022

The final battle for the chess crown took place from 9 to 22 November in Anands’ home city in India. Millions of fans around the world were keeping an eye on the champion rivalry. Regarding the duel’s results, a number of prominent chess players and sports reporters rushed to announce that “the Age of Magnus Carlsen” has arrived in the world elite chess. The young Norwegian player was distinguished by the confident and aggressive style. It should be noted that Magnus has become the second youngest World Chess Champion throughout history after Garry Kasparov, the 13th World Champion. So, Magnus Carlsen won the title at the age of 22 years and 357 days.

451321455-pic4_zoom-1000x1000-88560

InstaForex congratulates its good friend Magnus Carlsen, his team, and his fans on the landmark achievement and wishes him to keep the chess crown as long as possible!
InstaForex unites the best!