Once a month, the U.S. Bureau or Labor publishes the NFP which stands for NonFarmPayrolls. This release is anticipated by traders around the word because it's a reflection of the strength or weakness of the U.S. economy. Once the numbers are released priced fluctuations are almost guaranteed across the board - from the value of currencies to indices, commodities and stocks.
The key is to not trade impulsively. During the first few minutes after the release the value of assets across the board will fluctuate wildly making for a risky investment. But if you hold off until the market settles then you can open positions in a more investor-friendly environment.
Many brokers are not regulated and are Scams. Watch out for those. You want to find a broker that's regulated by financial organizations in the country in which you trade.
If a broker lists his address as having his HQ in Cyprus stay away. The reason they do this is because Cyprus is part of the EU and so by simply having an office there they can take advantage of EU clients.
Ive been working in the industry for over 8 years of and on as a content writer and translations manager; ive worked for most of the top-5 forex and binary options brokers. As such, while they make sure that you have a difficult time withdrawing your funds through loophole they have, by default, created loopholes which clients are not aware of but can take advantage of, therefore turning the tricks of the broker against the broker itself.
If you've placed funds in an account and are having issues talk to me - let me know the name of the broker - and chances are i can tell you exactly what loophole their using to hijack your funds and once you have this information you can turn the tables on them.
Having said that not all brokers are scams so if you want a list of the "good guys" feel free to ask me. I can also connect you with a rep who can make sure youre taken care of; but keep in mind that all investments involve a certain risk of loss so dont invest money you cant afford to lose.
Thanks for the Heads up
shot u an upvote
Excellent