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Welcome to New Bold RFC Forex Broker

Welcome to New Bold RFC Forex Broker website. We are experienced professional in the field of forex to assist the traders in investing in forex markets. With our fair and secure online trading platform, you can make your investments anytime and anywhere. We constantly keep educating our traders about forex markets for making the best investment decisions in the future.

Hi, I am Christina, one of the partners with New Bold RFC Forex Broker firm for the past 5 years. I have an experience of over 8 years in the field of forex. So, using my experience, I started this blog to educate traders how and when to invest in the forex market. I share all the technicalities of the forex markets that they need to be aware of.

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FROM OUR BLOG

The Truth About HYIPs

What are HYIPs

HYIPs is short for a high-yield investment program. These types of programs are more commonly called Ponzi schemes. This kind of scam offers investors an extremely high return on the money they invest, but instead of getting the original investors money earned from actual profit, they pay previous investors with the money invested by new investors.

History of the Ponzi scheme

The Ponzi scheme was invented by an Italian con man named Charles Ponzi in the early 1920s. Mr. Ponzi would promise investors a 50 percent profit in the first 45 days of investing, and a 100 percent profit within 90 days of the original investment. Investors would buy discounted postal coupon booklets in other countries and redeem them for full value in the United States. The reality of the scheme was Charles Ponzi was merely paying the older investors with the new investor’s money. This system ran for over a year and ended up costing his many investors over 20 million dollars. This scheme has been run several times since with the added help of digital currency and the ability to reach more people over the internet.

Recent HYIP Schemes

Zeek Rewards. Zeek Rewards was a scheme that ran in 2002. This site ran as an investment opportunity for people to invest in. Those individuals who bought in were supposed to receive shares in the profits from the penny auction site Zeekler. Investors were encouraged to recruit other investors, with the promise of additional money if they brought more people in and those people invested as well. There was also a subscription fee that ranged from $10 to $99 per investor. Zeek Rewards was said to be the largest Ponzi scheme in history, totaling over $600 million dollars, and affecting over a million investors.

PIPS PIPS was a system that ran in 2004 and by the time people caught on, it was running in over 20 different countries and had millions of investors. PIPS could stand for two different names depending who you asked, and they were either People in Profit System or Pure Investments. The Bank Negara Malaysia finally investigated in 2005 and charged the founder or PIPS and his wife to over 90 counts of money laundering and fined them over 20 million dollars for their actions.

OSGold OSGold was founded in 2001 as an e-gold imitator company. This company folded in 2002, and at the time it had over 60,000 active accounts that were promising investors high-yield returns of 45 percent a month. OSGold may have cheated investors out of as much as 200 to 250 million dollars.

HYIPs or Ponzi schemes live by the old saying that if it is to good to be true, it probably is. People should exercise extreme caution when they are offered a deal with extremely high returns.

So, having said that, there are chances to make some ROI with HYIPs – use a good monitor site like HYIP Monitor to check if a the program is a scheme, or actually paying out the returns. Otherwise stick to other investment methods – check the subreddit personalfinance for more tips and guides.

By | June 19th, 2017|Categories: Investing, Trading Plan|0 Comments

Forex Trade Pro may just be the best trading platform for you

Are you looking for one of the best trading platforms in the forex industry? Have you been reading reviews to find out which one may work the best for you?

If so, this Forex Trade Pro review may just persuade you to use this platform, as it really is one of the best currently out there.

Why is Forex Trade Pro so good? Well, it is an industry leader and, once you start to use it and figure out all its features, you will easily be able to see why.

Web version is compatible with everything — It does not matter whether you trade on a PC, Mac or on a mobile, Forex Trade Pro is compatible for all of them. That makes it easy for you to learn how to use it, and then be able to trade with it no matter which equipment you are using or where you are.

Trading panel and currencies — No matter which currencies you will be trading in, the trading panel allows you to add them with just the click of your mouse. Making it easy to move backwards and forwards between them as well.

The news tool — Part of being successful in forex trading is being abreast of everything that is happening in the news. With the Forex Trade Pro’s news tool, you can easily do that as it connects directly to the Dow Jones News link.

The markets panel — If you want to keep up with what is happening with currency pairs, the markets panel on the Forex Trade Pro is a brilliant way to do so. It allows you to decide which currency pairs you are going to keep track of, alerts you if something big happens and gives you prices for a slew of markets.

The Forex Trade Pro charting panel — If you love to watch what is going on in the forex industry via charts, the Forex Trade Pro charting panel makes it very easy for you. Just choose a currency pair and a time period and input it into the charting panel. It will then give you a chart for what has happened in the time frame you choose, and will continue to do so as long as you use it.

Placing trades is easy — One thing you want with any forex trading platform is the ability to place trades quickly and easily.

The Forex Trade Pro allows you to do this by choosing the pairs you are interested in, and letting you put them at the top of the screen. It is then just a matter of deciding to buy or sell when you are ready, clicking the button, and the trade will immediately occur.

Research tools — Finally, if you want to be successful in forex trading, you do need to know how to research and have good tools to be able to do it.

The Forex Trade Pro’s research tools have everything you need to let you do this, and even include the latest news stories so you will always be ready to act.

By | June 6th, 2017|Categories: Business Opportunity, Forex Trading, Investing, Trading Plan|0 Comments

How To Apply For A Loan: A simple introduction to loans

Applying for a loan doesn’t have to be difficult. Simply follow some a few steps. You will need to check your credit report. You should then make a list of your income and expenses. That includes your rent or mortgage payment, automobile payments, monthly utilities and any other financial commitments you have. You’ll also need proof of your income. Your most recent tax returns will do. You will also need a copy of your lease or mortgage papers to verify your place of residence. Add a state issued picture identification and you’re ready to apply for loans. Follow these steps and you’ll quickly have the money you need.

 

Step 1: Identify Potential Lenders

 

Researching sources of loans is a very important step. If you have decent credit and several years on your job, you could consider a bank loan. Make a list of banks in your area. Local banks may be more willing to loan you money. Use the internet to identify online sources of personal loans. There are a quite a few online banks from which you may qualify for a loan. Be sure to do some research on the ones to which you are considering applying. Stick with financial institutions with which you are familiar if possible. There are scammers out there that will try to steal and misuse your information.

 

Step 2: Find Out The Loan Criteria

 

Once you have identified good sources of loans, the next step of the process is to find out what it takes to qualify for those loans. Many banks and other financial institutions post their loan criteria on their websites. Some of them provide a loan packet that lists the loan criteria. Contact these organizations and get a list of the things you need to have and do in order to qualify for the loan. The online sources of loans invariably list their loan requirements on their website. This will let you know whether or not you qualify. This will save you time and prevent your credit report from having too many inquiries.

 

Step 3: Apply To The Best Loan Source

 

Once you have identified the sources of loans for which you qualify, look for the ones from the safest and most respected sources with the best interest rates. Fill out the application and send it in. You will need to provide the information from the documents you collected. Some of the loan sources may require you to include copies of your documents along with your application. Some sources can give you a response in as little as 24 hours. Only apply to one or two sources of personal loans. This will limit the hits on your credit reports. Plus, if you have done your due diligence, you will get your loan from the first source to which you apply.

By | April 24th, 2017|Categories: Business Opportunity, Investing|0 Comments

Simple Tips For Buying Gold Bars Today

No matter what happens with the global economy, you’re going to find that gold is a standard that is not going away. Gold is a great thing, and if you invest in bars, coins, and more, you’ll find that you will have a variety of elements going positively for your investment portfolio.

Before you run out and buy gold, take a moment to understand a few simple tips on purchasing precious metals. The following are just a few things that you want to consider. These tips will help you invest, without sacrificing value, and more.

Look For Minted (Valued Options)

Insiders suggest that you should buy precious metals that are minted, and have a simple standard. Quality is everything when you’re purchasing gold, and you can ensure that if you work with North American solutions, and other minted options, you get quality. Invest in 24-karat options, Maple Leaf options, and anything that is no less than 22-karat gold, and is solid. The U.S. mint for example, has great quality control and doesn’t release large supplies every time they mint bars or coins.

Start With One Ounce First

If you have never purchased any gold before, don’t dive in head first. Instead, consider purchasing smaller quantities. Start with one ounce pieces, then build up to larger bar sets. You don’t immediately need to purchase a pound or several pound bars. You can start with a few ounces, and then build up over time. Some investors even suggest going with coins, if you can afford them. Don’t price yourself out, and don’t panic if you can’t pick up large bars when you first start investing.

Rare Doesn’t Mean More Gold

One of the biggest mistakes you can make when investing in gold is purchasing “rarities”. Rare options do not mean quality, or even more money. Just because a bar is older, or a coin is from hundreds of years ago, the value is based on the weight and quality of gold. Melted down, these older options are nothing more than the precious metal. Bars and metals are not the same as collecting sports cards, or other memorabilia. There’s a different standard, don’t miss out.

Use a Reputable Source

Look back at history, and you would find that people could dig up bullion fast. Miners would rush to the mountains and mines and pull up a lot of metals and make money. Today, you can’t really do that. To invest in gold bars, you will need to utilize a reputable source, and not just any resource. Look for a good, reputable sales solution so that you can ensure that whatever you purchase is high quality. Higher quality bars means higher value, no matter how things fluctuate in the market.

As you can see, there are a few simple tips that you can keep in mind when you’re looking at investing in precious metals. Take the aforementioned ideas, and watch your portfolio and investments grow. Gold will only increase in value over time.

 

 

By | April 11th, 2017|Categories: Investing|0 Comments

What is the EB-5 VISA Program

Immigrant visas are a big issue now

So much has been debated about recently regarding immigrant status in the U.S. It has been a very polarizing topic for a considerable number of Americans on both sides of the issue. Most of this conversation has centered around poor foreign citizens attempting to gain entry into the U.S. and getting their residency status here. Little has been written about legal means of obtaining residency visas through business means. All aboveboard and legitimate, it’s one means of obtaining U.S. citizenship while making a significant impact in the American economy.

EB-5-Visa-GrowthThe EB-5 visa

Immigrants that can make significant investments here in the U.S., foreign investors that can make significant contributions to the well-being of industry and the American workforce, can apply to get an EB-5 visa. Those who apply and get accepted will be granted conditional permanent residence, valid for two years.

Minimum requirements for EB-5 visa applications

There are a certain numbers of restrictions that foreign nationals must follow if they wish to apply for an EB-5 visa.

Individuals must invest at least $1 million here in the U.S., or at least $500 thousand in a Targeted Employment Area (TEA). A TEA, as defined by the USCIS, is “an area which, at the time of investment, is a rural area (not within either a metropolitan statistical area (MPA) or the outer boundary of any city or town having a population of 20,000 or more) OR an area within an MSA or the outer boundary of city or town having a population of 20,000 or more which has experienced unemployment of at least 150% of the national average rate.”

There is no centralized list of TEAs in the U.S., though state agencies in the states of Florida, California, and Washington maintain lists of TEAs of their own.

Petitioners must create jobs

Petitioners for the EB-5 VISA program must also create or preserve at least ten jobs for U.S. workers, which exclude the investor and the investor’s immediate family.

Foreign investors can look to receive assistance by way of EB-5 Regional Centers, a third-party managed entity which takes on responsibility of creating the jobs the investor needs to help fill their quota.

What happens when the petitioner’s application is approved?

After having been in business in the U.S., and within 90 days of when their conditional permanent residence visa expires, they must submit documentation that they have fulfilled requirements they agreed upon. This includes proof of the full investment, as well as the ten jobs that have been created, or if not, will be created in a reasonable amount of time.

EB-5 Regional Centers

Foreign investors can look to EB-5 Regional Centers for assistance. Though not endorsed or guaranteed, the USCIS maintains a list of approved entities that can assist with funding.

Where EB-5 Funding has helped

EB-5 Funding has greatly assisted in helping to assist in rebuilding the Las Vegas economy. Some enterprises that have benefited from this funding have included casinos. New casino projects have included the Downtown Grand, SLS (formerly the Sahara Hotel), Dynasty Hotel Casino, Clarion Hotel, Lucky Dragon Hotel and Casino, and Resorts World Las Vegas.

 

 

By | February 20th, 2017|Categories: Investing|0 Comments

Forex Trading

The Forex market, also known as Fx market, or Currency market, or Foreign exchange currency market, or Foreign currency market is the common global platform where the bank, businesses, government, investors and traders deal in currencies by exchange or speculation. Exchanging currency is very important for the countries to carry on the foreign trade and businesses

So, forex trading refers to the buying and selling of currencies in the Forex markets with the intent of making profits. For example: If you think that GBP will become strong against USD in the near future, then you can buy GBP at low prices and sell it when it becomes strong. But, you can also lose your money if the USD goes strong against GBP. This is also called Speculative Forex trading which is very risky also if your assumptions do not go right.

The best thing about the forex trading is that there is no dedicated marketplace for foreign exchange.  You can conduct the trading electronically over the internet with the traders located around the world on one centralized exchange platform. The currencies are majorly traded worldwide through one of the financial centers located in New York, London, Hong Kong, Sydney, Paris, Tokyo, Zurich, and Frankfurt.

The Forex market is one of the world’s largest and most liquid financial market, with over 4.9 trillion US dollars’ daily activities. Also, the forex market is open for 24 hours. So, here are few of the reasons why forex trading is gaining popularity:

  • 24 hours trading allowed:

Forex market is open 24 hours 5 days a week in almost all the time zones of the world. So, you can trade anytime of the day in the major currencies as something or the happening through the day and night.

  • No limitations:

Unlike other markets, there are no limitations on going long and short in the forex market. So, you can buy and sell currencies anytime.

  • Low trading costs:

Forex trading is relatively cheaper than other markets. There are low commissions and no hidden costs involved.

  • Global exposure:

Forex markets work at international levels. So, when you trade in forex you get global exposure since you deal with people on a global level.

  • Increased leverage:

With such a huge volume of activity in a day in forex market, you can enjoy financial leverage if you want to trade with larger lots.

But, the rewards in the forex trading market come with a very high risk. So, you need to keep your emotions aside while trading in forex.

By | October 27th, 2016|Categories: Forex Trading|0 Comments

How to succeed in forex trading:

The Forex trading is a very rewarding as well as a risky business opportunity to make money. But, the profits can be enormous, if you adopt a right strategy.

Here are few of the strategies that can help you succeed in forex trading:

  • Make a trading plan:

Most of the successful traders have a trading plan which helps them to chalk out a plan to know when and how to enter the market, how much investment they will make, how much risk they are going to take, when to pull out of the markets if things go wrong and whether they should use stop-loss to protect themselves if something goes wrong.

So, making a trading plan of yours will help you know in which direction should you go.

  • Using stop-loss order:

This feature in your trading account helps in stopping the order if you are losing money.

You should set the minimum profit levels that you want to make and the set the stop-loss amount accordingly. Also, remember to enter an identifiable and real amount, not just some imaginary figure. This feature is to help you and will not work against you.

  • Educate yourself:

Investing in the forex market is not at all easy. It needs experience as well as knowledge. So you should keep educating yourself to learn the concepts of the forex market. There are dozens of online as well as offline resources available in this regard.

Also, you need to be aware of the latest news globally, since there are many factors that affect the prices of the currencies.

  • Learn from your loss:

If you lose some money as the beginner, then you should not think that this is the end. Rather, you should hold yourself up again and learn from on your own mistakes. You should check what went wrong and what should you do to overcome that. There are always a good trade and bad trade and you should make both of them a learning experience.

  • Take small steps:

The forex trading is not a race, that is going to end soon. The forex markets shall be there forever. So, you need not to just jump and invest all your money in one go.  You should take small steps and invest small amounts. This will help you in gaining experience. And, also someone has rightly said “slow and steady wins the race”.

  • Take the profits out:

Even, if you are doing good in forex trading, take profits out of the account at regular interval. This is the reward for your good work.

Also, in forex markets, it does not take the time to turn the tables. So, this will give you financial independence in case you start losing money in the future.

So, these are some of the tips that will help you in building your career as a successful forex trader. Investing money as well as your time, discipline, patience, and your dedication will surely help you in making big profits in the forex trading.

By | October 1st, 2016|Categories: Business Opportunity, Trading Plan|0 Comments

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