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Currency markets are open for trading 24 hours. Even a busy executive can find some time to check in during the lunch hour. In any case, what you commit to, you should make time for. There is always a market open somewhere whatever the time.

Therefore, if you are considering trading currencies, there are lots of options open to you. If you hope to trade without brokerage fees, you can always opt for ETFs. They are a great way for investors to dabble in foreign markets.

Here are a few reasons why you should consider trading Forex.

1.     The Money Market is vast

The money market is the largest on the globe with a daily exchange of almost £2 trillion. This allows investors to enter and exit trades with the guarantee that prices cannot deviate too much. You can, therefore, execute your trade whenever you are ready to.

In addition, a market this large is not easily manipulated. Groups and individuals willing to manipulate it would find it almost impossible to. Consequently, you should stand by your evaluation of supply and demand.

2.     It Does Not Cost Much to Get Started

You do not have to have a large capital to get started. £250 is enough to start making good profits on your currency pairs. Seasoned investors and novices alike can make the most of the benefits the money market presents.

3.     Plenty of Opportunities to Make Profits

Investors hope to make profits. That is what drives them to trade the currency market as well as into other forms of trading. The money market has huge profit-making potential. You can make your profits even when the currencies fluctuate.

You can sell a currency pair if there is an indication that it is going up. Also, you can buy one if you feel it is on a decline. It is as straightforward as that.

4.     Trading Hours

As mentioned earlier, the currency market operates around the clock. You can get online and place your trades or look at currency movements at any time of the day or night. This makes it possible for everyone to track their trades and take the necessary action.

Trading will not interfere with your work as you can do it after hours. You can get up an hour earlier and trade currencies. Hence, any time you have some free time, you will find something happening in the money market that you can work with.

5.     No Sales Commissions

The money market does not work with commissions. All you have to pay is the difference between the bid prices and the ask prices. Commodity markets have stockbrokers asking for a commission every time you make a trade. There is none of that with Forex.

6.     Increased Leverage

Serious investors find this a most appealing benefit. More leverage means you can control a large amount of money with just a fraction of the sum in your account. You still get to profit from the large amount even as you risk as little as 10% of your account balance.

Unfortunately, the risk of loss is the same as the opportunity to make huge profits. Hence, leverage must be approached and used with caution.

7.     Easy to Exit a Trade

The Forex market allows you to enter and exit a market at will. You can decide at what price to enter and which price you want to issue a stop-loss order. A stop gives your broker instructions on when to exit a trade once the price drops to a certain level.

This order allows you to control your losses and to manage your trade better. Traders usually have prices that are the limit when a currency pair goes on a decline in order to protect their funds.

Conclusion

The Forex market is one of the most active markets in operation. Being such a large market makes it relatively safe from groups who might want to manipulate it. It is always good to do your homework on the currency pairs you wish to trade before risking your money.

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In the last few years, the tourism level in Indonesia has grown tremendously. Gone are the days when people would overlook Indonesia as a tourist destination. With the inception of social media and digital platforms, the natural beauty of this isn’t hidden from the world anymore.  You will be surprised to know, the tourism industry in Bali has grown by 23 percent from 2017. The country welcomes over 3 million tourists every six months. Furthermore, with over 17000 islands, Indonesia is one of the most beautiful countries in the world. However, before you set off on your journey, it is essential to know a few things about the country:

1. Entry Requirements/Visas

The most intriguing thing about Indonesia is, the country recently loosened visa requirements for 169 countries around the world. Most nationalities are allowed to stay in Indonesia for as long as 30 days. Most need to have a valid visa to stay in the country. Moreover, if you want to travel to another country like Japan, you can easily apply for a Japan VISA electronically.

2. Bali Is Not Its Own Country

One of the most common myths is that Bali is a country. However, the truth be told, Bali is just one of the many islands in Indonesia. Because Bali is such a famous tourist spot, people think it is a country. However, since you’re traveling to Indonesia, you must know that Bali is a beautiful Island. This way, you’ll be able to take precautions when you’re traveling to the country.

3. There Are A lot of Cultural Aspects To Respect

Every foreign country has its own culture that needs to be respected. As a traveler, you should make some effort to learn about the culture of a new place before you intend to visit. Not to forget, Indonesia is a staunchly Muslim country with other religions as well. So once you go there, you will come across plenty of mosques, temples, and churches. Make sure you dress appropriately throughout your stay in the state.

4. Don’t Forget To Get Vaccinated Before Travelling

The most crucial thing to look forward to is vaccination. You need to get injected for diseases like hepatitis A, typhoid, cholera and rabies. Before you visit, make sure to conduct in-depth research to know about the common medical conditions in the country. Visit the nearest clinic to get all the vaccinations. Most countries have a strict policy in terms of vaccination. That is why people who don’t get this work done are often denied entry.

5. You, Will, Come Across Multiple Languages

The beauty of Indonesia is, it welcomes intercultural diversity and has a cosmopolitan environment. Indonesia stands concrete with the distinction of being the most populous country in the world. So it’s no surprise there are multiple languages spoken in the country, such as English, Balinese, Sundanese and Javanese. However, Bahasa is the official language of the country. You need to master a few phrases such as “Hello,” “Thank You,” and “I need a doctor.”

 

 

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Forex and derivatives trading in Singapore is a fast-growing market that more and more people are getting into by the day. The market is regulated which ensures that customers are treated fair and that all the brokers prioritize safety.

With a growing number of great brokers, it has become increasingly harder for traders to find one that suits their needs and expectation. So in an effort to help you out, we’ve researched the market, review all the brokers, and listed the top 5 best ones in this article.

Keep in mind that these are online forex and CFD broker offering derivatives trading, meaning you don’t own the underlying assets and that most of them are not suitable for long-term investments.

For more information about each broker, we suggest you check out this extensive guide to online brokers in Singapore.

1. Plus500

Plus500 is by many considered to be one of the greatest brokers in the world, especially because of their incredibly well-designed trading platform. The broker is originally from Israel but, these days, based in Europe and besides being regulated by MAS, they have licensed from several of the world’s leading regulatory bodies.

Today, Plus500 has over 2,000 available assets ranging from stocks and currency pairs to indices and commodities. And they were the first online broker to launch a CFD on Bitcoin, making them one of the more innovative brokers out there.

Perhaps the best part with Plus500 is their free and unlimited demo account which you can use for practice or just to check out the broker before you deposit your own money.

2. IG Markets

IG Markets is a broker that’s owned by IG Group, a financial institution that’s been offering forex trading services in the UK since the 1970s. The broker has an incredible reputation in the industry and they currently offer one of the biggest selection of tradable assets in Singapore.

With over 12,000 assets split over several markets, there is almost nothing that you can’t trade with IG Markets. Stocks, forex, commodities, cryptocurrencies, ETFs, you name it and chances are that IG Markets is offering it.

Besides forex and CFD trading, IG Markets also offers spread betting which is an exciting and quite easy way to benefit from market movements.

Similar to Plus500, IG Markets also has a demo account which we recommend you use to test their different trading platforms.

3. CMC Markets

CMC Markets is another British broker with a well-established presence and reputation in most of the world, including in Singapore. The broker features one of the best stock trading platforms in the industry and has more than 10,000 assets on offer.

Trading with CMC Markets is suitable for most people and they have different platforms depending on your skill level and the assets you’re trading. For example, MetaTrader 4 is best suited for forex traders while the Next Generation platform is great for experienced traders wanting to trade stocks, commodities, etc.

It won’t take long after you’ve registered an account with CMC Markets that you realize why we consider it to be one of the best brokers in Singapore.

4. Oanda

Oanda is an American forex broker that more or less dominates the retail forex market in the U.S. They are regulated with licenses from the American government, several regulatory bodies in Europe and Australia as well as MAS in Singapore.

Now, the selection of assets offered by Oanda is not as comprehensive as some of the other brokers we recommend, but there is enough to satisfy most people, especially if you want to trade forex.

5. Forex.com

Last but not least is Forex.com, an incredibly versatile online broker for all types of traders. Despite the name, Forex.com offers more than forex trading and with an account, you’ll gain access to stocks, commodities, cryptocurrencies, and more.

Forex.com is available in Europe, the U.S, in some places of Africa, and Australia, however, one of their biggest markets is the Asian market, including Singapore.

Naturally, the broker is fully regulated and safe to use and with a range of platforms on offers, you can pick the tools that fit your trading style best.

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Unlike other disciplines, physics is less dependent on rote and more about learning how to apply the concepts and ideas to find solutions. The questions students will encounter in physics examination isn’t just any typical homework assignment. Students need to train their minds about the challenges of learning physics. The strategy of becoming a great physics student is simple. All you require is not to assume that physics is a complicated subject and solving problems practically. Furthermore, students should also combine theoretical knowledge with hands-on skills to successfully study physics or any science discipline.

Whether its physics or mathematics, it is essential to nail the basics of the subject, if you want to master it. If you are someone who is looking forward to graduate in physics, you mustn’t miss some of the areas of the subject, which you will realize it’s importance later.  If you want to do well in physics, start by getting extra physics tuition or getting admitted to a tuition center specializing in physics (if you need it), learn how to identify problems, apply principles or theories, and coordinate your data. Moreover, it would help if you also learned using math to solve the problems.

Below are the five most essential skills a student need to have to successfully study physics. Let’s get to it:

Five Skills Every Physics Students Needs To Know

1. Mathematics Skills

Physics is very much math-focused, and if you hate math, it’s time you consider studying other subjects. Said that every physics must be proficient in math if he or she wants to study physics. You don’t need to know everything—but you have to a solid foundation of essential mathematical concepts and its applications. To become competent in physics, you need to practice as much high school and college mathematics you possibly can. We recommend you take extra courses on algebra, geometry, trigonometry, and calculus.

2. Teamwork

Many tuition centers specializing in physics have teachers or instructors that advocate the advantages of collaboration to enhance learning. Physics is no exception, and physics students can benefit tremendously with peer-to-peer instruction. Learning in teams will help students better understand the concepts and develop hands-on skills, which is crucial when studying physics.  Therefore, we recommend students to create small study groups, which will not only maximize their learning but also give them the chance to learn from others.

3. Communication Skills

When it comes to learning physics being skilled in communication helps a lot. As physics is about concepts and theories that need to be learned mathematically and in written ways, it essential the students develop their communication skills. Students should learn how to communicate effectively both in written and oral forms and express their ideas as well. In Singapore, the tuition centers specializing in physics allow students to interact with teachers and students from other related disciplines, both in writing and oral forms. By listening, writing, and reading about physics in teams, they will gain and hopefully develop essential communication skills.

4. Problem-solving

What we find the most intriguing when it comes to learning physics is that you can find solutions to any problem that you encounter. Physics has plenty of mathematical modules that are needed to solve problems. These aren’t limited to the curriculum, but also extend to practical issues. When studying physics, you will find answers from your questions, theories, and research work.  The more you keep practicing, the better you will be in your area of specialization. Ultimately, you will have the necessary skills to think critically, observe, and analyze situations that will lead to innovative solutions based on the problems.

5. Technical Knowledge

As a physics student, you will be using various technological tools, computers, for example, to do measurements and to analyze scientific data. So, you need to have a better understanding of how computers and other forms of technology work. Some familiarity with computer programming will also take you miles. But one thing every physics student must learn is how to use spreadsheets to analyze and manipulate data. Microsoft Excel is the most commonly used spreadsheet program. We suggest students studying physics figure out how to use the formulas in Microsoft Excel to perform sums, multiplications, averages, and other calculations.

Additionally, they should also know how to input data in a spreadsheet and create graphs and charts from the data. In addition to learning Microsoft Excel, it also helps if students have some knowledge related to electronics or some other related topics such as how basic physical principles work in real-life such as in an automobile engine.

Final Words

Last but not least, students should also work on their self-reliance skills, which is a vital skill that will give you the ability to teach yourself. It also helps if you can process information from other resources or other people’s arguments, which will help to understand various views or solutions in existing problems. Overall, physics education is all about facilitating the solution of real-world problems. If you are serious in understanding physics, we recommend you enroll in a tuition center specializing in physics where you can practice more and become well-versed in the fundamentals of physics.

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