Posts Tagged ‘forex’

Million over night before Brexit

Friday, August 12th, 2016

Most stories of making a killing in the currency market are about the same old stuff: hard work, attention, analysis, calculations, and above all, time. But there is an exception to every rule. This time, we will tell you a story of striking gold that actually is not that unique. Many traders around the globe managed to rake it in on the outcome of Britain’s referendum on the country’s membership in the European Union. Our protagonist, Aleksandr, is a holder of InstaForex account No 2204114 who earned one million rubles in a single night. Such a success was linked neither to long waiting nor to detailed analysis of a forex guru. It was about trading the right pair at the right time. Aleksandr is not a professional financier or analyst. “I am neither a professional trader nor financial analyst. I started trading on Forex in 2012. I studied mainly by myself: read a lot of materials, explored the market. I trade only EUR/USD and GBP/USD. I have not succeeded much, but gained something that is more valuable than money – experience. The point of my activity in this sphere is the result, not money,” our humble hero tells us.

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He is not the first InstaForex client to strike it rich during Britain’s referendum. However, it is difficult to ignore the story of gaining a million overnight. “I won’t hide how happy I was about my trading results for June 24, 2016. On the back of Brexit, I managed to increase my funds by million rubles overnight. It’s a great feeling to wake up and find out you’re a millionaire. I wish everyone to reach such a goal at least,” Aleksandr shared his impressions about his success.

To enjoy such a success, some trading experience and basic knowledge are required. Aleksandr advises beginners not to be lazy and study the market in detail instead, taking technical and fundamental analyses into account. He also recommends developing and testing own strategies and learning how to both enlarge and keep capital.

2 million traders worldwide choose InstaForex!

Friday, December 19th, 2014

Recently, InstaForex celebrated its 1 million client milestone, and in less than 2 years we are glad to announce that the number of our clients has doubled! Thus, to get 1 million clients the company needed 5 years, and it took company less than 2 years for another million. Such dynamics stands for the increasing development pace of the broker having a positive impact on clients who for more than 7 years receive a qualitative access to the forex market and work with up-to-date services provided by InstaForex.

Owing to strong confidence of our clients and partners, InstaForex constantly updates and develops its technical base and series of services that prove its modernity from year to year.

The wide range of provided services of the highest level, qualified and experienced specialists and also a personal approach to each client help InstaForex reach the highest tops on the financial services market. 

Due to the modern IT, high safety, comfortable and qualitative service, InstaForex creates all the necessary conditions for the work of beginners and experienced traders.

Prosperity and confidence of our clients are the key principles in the company’s work. We try to build a reciprocal cooperation based on trust, openness and interest in the clients’ achievement of their goals.

Beauty contest Miss Insta Asia 2015

Wednesday, October 1st, 2014

InstaForex is glad to announce the start of the sixth annual online beauty contest Miss Insta Asia 2015. The new season will start on October 1, 2014. This date was chosen not accidentally. Throughout the history of the competition, this date was crucial for contestants as results of Miss Insta Asia were summed up. The extraordinary and fascinating online contest Miss Insta Asia became even more popular during its existence. Participants from all over the globe declare their elegance, beauty and grace.

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Connoisseurs of beauty will see even more charming ladies from different countries: Indonesia, Malaysia, the Philippines, Iceland, the UK, the US, Russia, Ukraine, Latvia, Iran, India, and China. Dive into the world of beauty. Vote for one or several contestants you like most! The format, terms and rules of the online beauty contest are the same. The victory and prize pool of $45,000 will be shared between Miss Insta Asia, two Vice Misses, Forex Lady, and Insta Choice. The most beautiful ladies will be determined by the results of an open online voting. Note that InstaForex traders have a privileged vote. Maybe it will be you to determine the distribution of places for the most gorgeous contestants of Miss Insta Asia 2015.

If you want to take part in the sixth season of the contest and jostle for the title of Miss Insta Asia 2015 or if you want to influence the current rating of the contestants, welcome to miss-instaforex-asia.com.

Stunning victory with InstaForex!

InstaForex is the best retail broker in Eastern Europe

Monday, May 19th, 2014

Nowadays, InstaForex is a powerful participant of the international forex market. The company went down in history of the forex business and occupied the leading position rendering its brokerage services. In the brokerage community, awards for expertise and reliability are considered to be a criterion of popularity and established reputation. More than once, InstaForex has been recognized by influential financial journals and has been fairly distinguished by prestigious international awards in Singapore, Guangzhou, Abu Dhabi, and other financial hubs. Indeed, awards embrace literally the whole geographical scale of the company’s activities.

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InstaForex has gathered the vast collection of various titles. The company has won in such categories as the Best Broker in Asia, the Best Global Retail Broker, the Best Broker in CIS, and others. This year, one more award has been added to its rich collection. So, InstaForex has been awarded in the category the Best Forex Broker, Eastern Europe 2014 by IAIR, the popular business journal in Italy. Importantly, InstaForex was given the award of the best Broker in Eastern Europe in 2012.
IAIR journal held the high-profile ceremony of award giving for 2014 in Hong Kong. Over 30 companies were awarded for their achievements at this international event. Each of the companies made their own contribution to the forex business development.

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IAIR Awards is one of the respected awards in the worldwide rating focusing on the global economy and sustainable development of its sectors. The Italian business journal IAIR honors annually the most advanced financial companies around the world. The main gauge to pick winners is the robust business development and introduction of innovative services. The editorial staff applies its own long-lasting system to determine the best high-fliers in their business. The editorial board carries out their own surveys on performance and high reliability of companies. Besides, the journal readers have the right to vote. The journal annually polls tens of thousands people from different corners of the globe.

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InstaForex frequently gains various awards and trophies which prove that the company has been evolving in line with modern needs. Traditional victories in contests are a sign of stability, high expertise, and premium quality of its services. The assessment of the company performance is made on the basis of independent and unbiased criteria.
InstaForex is honored to win an IAIR Award once again. The company is keen to develop all its activities and to become the benchmark among other brokerage companies.
You can find out more about the event in Hong Kong in this video:



How crisis in Ukraine affects global economy in 2014

Monday, March 31st, 2014

It has been several months since the unrest in Ukraine started. The mercury is rising day by day. Nobody knows when the crisis will be over. World’s analysts and scientists are looking for the real reasons why the chaos ensued. The situation is considered from many different angles inevitably resulting in polar opinions .

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Jim Willie, the American newsletter writer and statistical analyst in marketing research, is of the opinion that the situation developing in Ukraine is nothing more than a struggle between the West and the East for the financial supremacy. “I believe what we got with Ukraine is an absolutely desperate situation where the U.S. government realizes we have to stop Ukraine from becoming a central transit point for energy pipelines in the fast developing Eurasian Trade Zone.  They need to stop the Eurasian Trade Zone because the United States and England are largely going to be excluded,” he wrote. Dr Willie, who has a PhD in statistics, thinks that “the manufactured crisis in Ukraine is an act of desperation by the United States.”

According to Dr Willie, if you look behind the curtain, you might realize that this is the third attack on the Russian Gazprom. “The first attack was veiled and it was Cyprus,” he continued. The second one was Syria. And now Ukraine, which became soft of bargaining chip. The Unites States and Europe believe that in case the gas pipeline valves are under their control, they will have control over the flows going to Romania, Poland, and Hungary.

Russia was entangled in the conflict, which influenced its economy a lot. That influence is reckoned to be negative. The Ukrainian stand-off affected the Russian investment programs badly. In early March, the Russian market shrunk 12%, while the risky sovereign bonds yield inched up 11%. Russia’s industry will suffer greatly from Ukraine’s unrest. In the experts’ opinion, 1 out of 2 businesses will face the output decline in the nearest future. Ukraine’s government procurement will contract and take its toll on the local consumers.

35a5d30562e4a4a31c5ea6d26403f9e1Sanctions against Russia and their possible aftermath

The recent referendum in Crimea caused quite a stir. The U.S. authorities and representatives of the leading European countries have been discussing the imposition of sanctions against Russia, including the economic ones. These sanctions can backfire and have a negative impact on the countries which enacted them. For example, London might lose its Russian investors. For the last two years, the total volume of deals Russian companies stroke has been $180 billion and yielded handsome profit to London’s bankers, jurists etc. And thanks to the U.S. and EU efforts, the bottom could drop out of that fruitful collaboration soon.

The damage is inevitable since there are strong links established between the Russian Federation and the world’s financial system. Lots of Russian corporations are governmental or belong to the billionaires, who are bound up with President Putin. Thus, even targeted sanctions could harm the international business. Analysts stress that Russia-West trade turnover, including industrial and financial sector, is huge. The stricter sanctions will be, the greater damage will be incurred.IMF Photograph

Latvia’s market is the one to be in dire straits in case the sanctions against Russia are imposed. “Three industries feel pronounced impact. The first ones are the agricultural and food industries. Russia is our second partner in terms of exports size. 43% of Latvia’s exports to Russia are food and agricultural products. Energy is the second field. For example, in the supply of natural gas, we are completely dependent on Russia. The third sector is the transport sector as 70% of all transportations related to Russia, ” Latvia’s Economy Minister Vyacheslav Dombrowki said. The Federation of German Wholesalem Foreign Trade, and Services, the BGA, also expressed concerns about the loss the country’s economy could sustain as 6,200 German enterprises are engaged in trade with the Russian Federation. The overall volume of trades constituted €76 billion.

Paolo Scaroni, the head of Eni, the Italian energy company, is of the opinion that in case political tensions between the West and Russia heighten, the latter could reduce the amount of gas piped through Ukraine. So, Europe might face not only disruptions in the Russian gas supply, but also the gas prices hike. Italy, Austria, and Germany will suffer the supply disruptions first.

The gas production in Europe is falling steadily, so in case the European Union wants to reduce its dependence on the Russian fuel, the alliance should develop its shale resources and increase the use of nuclear and coal energy in the region, Mr Scaroni continued. The EU can also buy more LNG from the United States, but that, in the Eni president’s opinion, is rather expensive solution.

The U.S. is one of the few nations that pose the smallest risk to their economies imposing sanctions against Russia. The total turnover is about $27 billion. So, Washington acts accordingly as the negative impact on the American economy is minimum. Nevertheless, the chiefs of such U.S. companies as General Electric Co, Boeing Co. are apprehensive of such strict measures since they could evoke the appropriate response from the Russian authorities. 54 aircrafts of GE Capital Aviation Services, one of the General Electric Co. subsidiaries, are in Russia.

Boeing, in its turn, is afraid to lose the demand for its airliners. That is possible given that the global economic growth could slacken amid the tense geopolitical situation in the world. A study undertook by Ernst & Young revealed that the U.S. companies dealing with technology and financial field were accounted for the lion’s share of foreign investments to Russia last year. Their presence on the Russian market increased dramatically after the country entered the WTO in 2012.

As for the banking system, punitive sanctions can affect large financial institutions, which provide Russian energy and metallurgical companies with a line of credit. “Let’s suppose such a bank will decide to freeze this line of credit. Then, the companies that had previously invested the borrowed money in their business development and exports will get to looking for another bank. No doubt, the Western financial institutions are succeeded the most in that. But in this situation the Russian companies might turn to the Japanese, Chinese, and other banks,” Arnaud Leclerk, Limited Partner at Lombard Odier, said in the interview to news channel Russia-24. The banker stressed that might heighten the diversification of the Russian economy in a sense that the country will be able to turn away from the Western influence and strengthen cooperation with the East.

7911World economy in 2014

There is a growing concern about People’s Republic of China’s economic condition. Nevertheless, the GDP is expected to post 7.5% in 2014, while the inflation is projected to be 3.5%.  That was announced by China’s Prime Minister Li Keqiang at the annual National People’s Congress in March. The pace of the U.S. and EU markets’ recovery will show whether the Chinese economy will be able to post stronger growth. On the other hand, sharp economic growth might pose risk of financial bubbles and economic efficiency slump. Besides, that might lead to the environmental crisis. The threat to the environment is the major reason why the Chinese authorities speak out for the moderate economic growth.

The Liqomonics, the newly coined economic framework proposed by the premier, is aimed to provide the “moderate” GDP growth so that to save the Chinese economy from overheating.

According to the experts’ estimates, on the whole, the world economy is set to develop steadily. The updated report of the International Monetary Fund reads that the global economy growth is expected to come in at 3.9%. The IMF upgraded its forecast for the first time in two years. However, Russian economic outlook was cut to 2%, while it was 3% in October. Russia’s GDP is projected to inch up 2.5%, RIA Novosti says.

The IMF’s economic forecast for the U.S. GDP was raised to 2.8%. Meanwhile, the outlooks for Indian and Brazilian economies were 7.5% and 2.3% respectively.

The euro zone is expected to boost by only 1%. The bloc has passed the turning point on the way to recovery from recession, the IMF said.

George Soros, the billionaire investor, gave rather disappointing outlook for the economy of the European Union. In his opinion, the EU will face the Japanese-style tough stagnation. And, the Old World may not go through it. “Now we see that the European economy is getting some oxygen. And I hope financial markets are breathing a sigh of relief. But what is facing Europe, unless there is more adequate change, is long period of stagnation. Nations can survive that way. Japan is trying to break out 24 years of stagnation, which Europe is just entering. The European Union is not a nation; it is incomplete association of nations. And, it may not survive 26 years of stagnation,” he stated.2000524226

So, the estimates at 2.4% for Great Britain look much more promising, especially against the background of the European prospects. The British financiers believe it is the new proof that government policy is effective.

As for the problems the developed countries might face, the deflation risk is the number one enemy, the IMF writes. Such powers like the U.S., Europe and Japan will do their best to avoid the low inflation level. That, together with high unemployment, will force the regulators to introduce rather strict stimulus. Moreover, experts warn that the lower inflation might cause the debt burden increase and interest rates hikes. Such a state of affairs is likely to hamper the economic growth.

2014 is successful for the global economy in general. Nevertheless, we should do not rule out the fluctuating raw materials cost and general political instability in the world, which can change the current situation drastically.