Best Forex Trading Platforms

Best Forex Trading Platforms

If you want to trade forex, you need a reliable forex trading platform, commonly known as a forex broker. Trading with a trusted forex platform is a very important factor for your success in the international forex market. Determining your investment style helps you a lot in choosing the best forex broker for you.

You can choose a suitable forex trading platform according to your needs and experience level by doing some initial research. Here we will guide you about some of the best forex trading platforms from which you can choose according to your requirements.

1- FOREX.com

FOREX.com ranks as the best forex trading platform. This is an impressive platform that is the first choice of most traders. It offers you a huge range of tradable currencies and low account minimums. This platform is equally suitable for novice traders as well as for experienced ones.

FOREX.com also offers extensive education through its research center. The research center of FOREX.com provides informative forex trading courses free of cost. Those traders who prefer a simple and clean interface, would definitely like this platform.

2- SimpleFX

SimpleFX is one of the best forex trading platforms that are available worldwide with some exceptions. You can access this platform through MetaTrader 4, WebTrader as well as mobile apps for iPhone, Android, and HarmonyOS.

This platform allows you to invest cryptocurrency or fiat money in forex trading. You can learn the online investment techniques by unlocking its advanced features. It could be the best platform for you if need lots of options.

3- Interactive Brokers

Interactive Brokers is a forex trading platform that gives you access to a huge range of securities at affordable prices. You can buy assets from around the globe from the comfort of your couch in your home or office. It gives you access to over 135 international markets. Interactive Brokers could be the best choice for sophisticated investors and active traders.

4- IG Markets 

IG is one of the best forex brokers that give full access to the forex market and support more than 80 currency pairs. This platform is best for new traders who are still in the process of learning. They also have their mobile and desktop platforms that will love by novice traders. Moreover, it is affordable and the margin rates are easy to understand.

5- XM

XM is one of the reputable and fair forex trading platforms. More than 5 Million forex traders from more than 190 countries use XM as their trusted broker. It allows you to transfer money through 25+ secure payment methods. The extensive system of XM also supports more than 30 languages. Moreover, xm minimum deposit is just $5.

XM is completely regulated and licensed by some top financial authorities including ASIC, FCA, and CySEC. Due to this reason, it is a very secure and low-risk trading platform.

So, this was all about the best forex trading platforms. You should choose one according to your requirements, available capital, and experience level.

How Can Property Valuers Help You Know Your Real Estate’s Market Value?

Learn All You Need To About Home Mortgages

If you’re an investment property owner, then your piece of real estate will need a property valuation. 

It can help with investment analysis, financing, taxation, and property insurance, among many other things. More importantly, a property valuation can help set the asking or listing price for your investment properties. 

To get this done, however, you need to hire a property valuer. 

So, how can property valuers help with the market valuation? 

Read below to find out. 

What You Can Expect During Property Valuation

Valuers are experts in the property market. They determine the accurate value of your investments by doing the following: 

Formal Property Valuation

There are two ways a real estate agent conducts property valuations.

Through the direct comparison method, they analyse the recent comparable sales in the area within the last six months. 

By looking at similar sales, they can factor the land location into the mix. 

Another technique is the summation method. They add the improvements to the total value of a property. 

For example, if you had surrounding amenities added to your commercial property, they will include it in the final value.

Likewise, they may reduce property valuation according to wear and tear.

Real estate agents know construction costs well and could easily see overcapitalisation. 

Detailed Inspection of the Property

A trained valuer will examine the land, but they will consider more than just its size. They will factor in the topography, dimensions, views, aspect, and position. 

All of these affect the value of the property. Just think of this: a worn-down house with a beach view is an easier sell than a massive mansion on a mountain slope.

Property Valuation of the Interiors

While the security value of the land is essential, improvements will help you gain more revenue from a willing buyer.

That’s why property valuations include floor space and design, among many other things. 

Size

Of course, a bigger property size will sell more. However, you can end up selling a small house for a higher price because of its improvements. 

Rooms and Other Improvements

As expected, the rooms in your house will affect your property’s valuation. 

Even if you have a three-bedroom home, it may be deemed cheaper than similar properties if you only have one bathroom. 

The market value will also depend on the kitchen’s size, condition, and inclusions. 

The same consideration is also applied to the rooms’ fixtures, light fittings, and other features. 

They will also look at parking, like the driveway space or secure off-street parking. 

If you have a swimming pool or granny flat, these improvements can make the valuation higher. 

Overcapitalisation

As mentioned, a qualified valuer will look at the overcapitalisation. Even if you have a pool, it will not be that favourable to the valuation if that’s not the norm in the area. 

In other words, your mortgage broker will see to it that buyers will indeed pay more for these features. 

Informal Valuation of the Neighborhood

The relevant credit provider will look beyond your property features. They will consider other surrounding elements, such as the neighbourhood. 

A certified practising valuer will factor in the effects of nearby properties. 

Is your home near schools, public amenities, or parks? Are they located near public transportation hubs? 

Needless to say, proximity to retail areas or medical centres will have a positive effect on the property valuations. 

Likewise, up-and-coming plans (like a shopping centre under construction) will be taken into account, too.

Getting a Property Valuation Report 

After doing the valuations, your property valuer should give you a formal report. In this legal document, you’ll see how your agent came up with your property’s market cost. 

This detailed report should contain the following information: 

  • Information or cover letter
  • Location of real estate
  • Neighbourhood profile
  • Site description
  • Property’s construction details
  • Accommodation details
  • Utilities and services included
  • General condition
  • Tenure
  • Date and purpose of the valuation
  • Basis and methods of valuations
  • Opinion on value
  • Limiting conditions
  • Stamped signature of the valuer

What You Can Do Before a Property Valuation

Since your investment portfolio will depend on the valuation, it’s best to be prepared beforehand. 

For one, it will help if the house is clean in general. Tidy up your place and mow your lawn, as these will positively impact the valuation. 

It will also help if you complete all the unfinished tasks in your home. Who would like to see a half-painted room or a closet under construction? 

More importantly, make sure to prepare all the documents needed during the bank valuation. 

Final Thoughts

If you need a property appraisal, remember to deal directly with an accredited valuer. Qualification-wise, you should hire a professional with an Australian credit licence. 

Whether you’re a willing seller or buyer, their knowledge and skills will significantly affect the valuation process.

Market.com Minimum Deposit, Account Types and Much More

Do you want to start trading in forex or CFD and are in search of good options, then this article can surely assist you. Market.com is the broker that deals in Forex and CFD. And it was founded back in 2008. So, let’s discuss all the aspects of this broker, such as minimum deposit, then jump straight into the article.

Regulation of Markets.com

The United Kingdom regulatory body named FCA (Financial Conduct Authority) regulated Markets.com arguably; it is the most authentic and trustworthy regulatory body in the world. Furthermore, it is also operated in the European Union and regulated by the CySEC ( Cyprus Securities and Exchange Commission). In addition to this, it also holds the license of multiple prestigious regulatory bodies such as ASIC, BVIFSC and FCA etc. 

Tradable Products at Markets.com

If you are trading on the Markets platform, you can get an opportunity to trade in 2,2000 assets in all eight groups of assets. Moreover, they offer twenty-five cryptocurrency pairings and sixty-seven currency pairs, so we can say that you have an extensive range of options. 

Account Types by Markets.com

If you go for Markets.com, you can get the opportunity to get the option of two account types. Most beginner traders usually prefer to go for the retail trading account. After signing up on this account, you can trade in almost 2200 tradeable assets. The other type of account is professional and is suitable for those who spent more than five hundred thousand USD. In this, you will get more leverage than a retail account. 

In addition, there is an Islamic account that works on the principles of Sharah as it offers swamp-free trading. The whole process of signing up is quite fast, and the traders from Europe, Australia and the United Kingdom can also utilize electronic verification.

Special Features

The markets usually give their clients a plan builder that greatly aids in the analytics process. We must that it is commendable the way they provide assistance to their users in making trading easy. 

Customer Service

You can communicate with their customer care in over ten languages, and their services are available five days a week over the clock. Furthermore, there are multiple mediums to consult them, such as live chat, email, phone or online question forms.

It is recommended to go for the live chat option if you want to get a quick response. If you are wondering how you can find their contact details, then the answer to this question is the “Contact Us” tab. 

Markets.com Minimum Deposit

Before opening an account, it is better to know the minimum deposit. So, if you are curious to know the markets.com minimum deposit, then its minimum deposit is $100. 

Final Thought

To sum up the article, I would like to say that markets.com is a great platform if you want to start your career as a forex or CFD trader. We have mentioned all the important things, including the markets.com minimum deposit. All this information will assist you in evaluating whether it is a suitable option for you or not. If you have queries, let us ask in the comments section. Read more about xm forex.