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Abstract:Even though trading on a bilateral basis is still technically possible,
Banks that provide foreign exchange services have largely ceased pricing the #ruble, and prime brokers have been removing credit lines used by clients to trade the currency.
Click Here After Reading It #wikifx #CMC
While bilateral trading is still technically possible, this does not mean it is simple. According to Ross Newell, Business Development Manager at CMC Markets, firms that are cut off from FX prime brokers can still trade directly with banks, but they will lose the benefits of netting and aggregated pricing.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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⏰ Countdown: 1 day. WikiEXPO2025's first stop, Hong Kong, is just tomorrow. Focus on transaction security and explore new investment opportunities. ???? Get ready to start now. See you tomorrow.
Launched in 2019, Immediate Edge claims to be an automated cryptocurrency trading platform using AI technology for crypto trading services. The platform requires a minimum deposit of $250 to begin trading, which is relatively expensive for many investors. During its short operation, Immediate Edge failed to establish a positive reputation. The platform has undergone frequent domain changes and has repositioned itself as an intermediary connecting users with investment firms—a move that appears designed to obscure its actual operations. Immediate Edge restricts services to investors from the United States; it remains accessible to users in other regions.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.