FinmaxFX is a Young Reliable Broker, Suitable for All Traders

Wazzup Pilipinas!

Every day more and more people appear willing to trade on the financial market. However, not only the number of traders is growing, but also the number of companies, which makes it increasingly difficult for people to choose the best online broker for beginners.

This time we will look into the online Broker FinmaxFX and find out if you can trust them with your funds.

Basic information about FinmaxFX

Despite the fact that the FinmaxFX has appeared relatively recently, it is very trustworthy. The first thing the founders of the company have taken care of is the acquisition of the FSA license. The support of one of the most demanding UK regulators means that the company has serious intentions. Fraudulent companies often do not buy intermediary licenses, especially from such influential regulators.

The next factor confirming the reliability of this company is the great number of positive responses that can be found on various forums.

Special attention should be paid to the trading conditions of FinmaxFX. Clients can open accounts in US dollars and euros. The minimum deposit amount is $100, and the minimum transaction volume is $0.01. When trading, you can use leverage from 1:50 to 1:300. Spreads are relatively narrow - from 3 points.

Trading is carried out using the MetaTrader5 terminal. According to experienced participants of the financial market, this terminal is the most convenient and multifunctional. In addition, FinmaxFX offers their clients to use special mobile terminals for trading, which can be installed on smartphones and other gadgets running on Android and iOS operating systems.

Deposit and withdrawal of funds from the account can be carried out with the help of bank transfers, international payment systems, as well as electronic payment systems.

In case of any difficulties and questions, the client of FinmaxFX can contact the customer support team, which works 24 hours a day. To do this, you need to write an with a question or description of the problem to support@finmaxfx.com

Should you trust FinmaxFX

Decency and reliability of this company is confirmed by the following facts:

After the deposit is made, the client's funds are kept in a reliable European bank with the strictest regulatory rules;

In order to access the funds, the client must undergo an identity verification procedure;

The information about the broker's clients is under the protection system having 3 levels, due to which every trader can be sure of trading safety.

Based on the online broker reviews, FinmaxFX is among the best. Moreover, the ratings of this company increase every year due to the expansion of the list of available assets and the addition of new services. All this indicates that the broker is not going to leave the market at all.

Advantages and disadvantages of FinmaxFX

Opinions about advantages and disadvantages allow to form responses of experienced traders in the Internet. Among the advantages of FinmaxFX are the following

Efficiency in opening transactions;

Absence of delays;

Perfect operation of the trading terminal;

Absence of commission fees when depositing and withdrawing funds;

Prompt processing of requests for withdrawal of money;

disbursement of funds in full without delays.

There is no information about the shortcomings of the online broker's work in the network. Before moving on to real trading, FinmaxFX experts recommend you to try your hand at a demo account. It can be accessed immediately after registration. Online reviews say that this is the best online broker account for beginners. This account allows even experienced traders to test their capabilities and create their own trading strategy.

Trading conditions on a demo account are absolutely identical to those of real trading. Moreover, a demo account has all the tools and assets available in real accounts, which allows you to develop a strategy for each individual asset using a specific financial instrument.

What a beginner needs to know

The high popularity of the Forex market has led to a large number of trading strategies, which leads to confusion for beginners. In this regard, FinmaxFX has selected only the best strategies for beginners, which are tested in practice and really bring profit.

However, in order to learn how to trade independently and get a constant high income, FinmaxFX specialists offer their clients to take advantage of the broker's training program consisting of educational literature, video lessons and webinars.

Here's Why Investing in Properties In The Philippines Is a Good Idea

Wazzup Pilipinas!

As one of the world's fastest emerging markets, the Philippines has become one of the countries where investors look for great investment opportunities.

The substantial rise in acquiring interest from the international market has continuously risen, as seen from the increase in the purchase of condominium units by expatriates, foreigners, and multinational corporations.  But why is investing in real estate properties in the Philippines a good idea?

The demand for Philippine properties remains strong

Because of the growth of the BPO sectors and the influx of Mainland Chinese in the country, the need for residential properties, both from the workers and the expats of the companies, increases as well.

By the law of supply and demand, because there is static supply and the market’s demand is high, the rental rates are steadily increasing. The vacancy rate is at its lowest that’s why a record-high of 54,000 pre-sold condo units were sold last year in Metro Manila.

Another sector contributing to the growing demand for office space is the Philippine Offshore Gaming Operator (POGO) landscape. Megaworld Corporation, the top lessor of office space in the Philippines, has already leased 80,000 square meters to POGO operators.

POGO requires a lot of office space for their back office, customer support operations, IT and technical support. As reported earlier this year, POGOs and BPOs have been fighting for limited office space in Metro Manila, and the result was an increase of as much as 300 percent on rental fees.

The Philippine economy continues to expand

Figures coming from the Philippine Statistics Authority (PSA) states that the country is still among the fastest-growing economies in Emerging Asia, with an average annual growth rate of 6.2% in 2018.

An excellent hedge against inflation is in real estate investment. Philippines’ properties rental income and its investment value increase as the price level increases due to inflation. It implies that both the immediate and long-term impacts of inflation protect investors.

  

Cost of property is one of the lowest in Asia

In fact, according to the Global Property Guide, the average price per square meter of a condo unit in Manila is approximately $2807, making the Philippines the third least expensive country for real estate investment.

Philippines won’t see any price correction and real-estate bubble in the future, even with comparatively low prices, as the economy is continuously climbing at an impressive rate. Because of the low peso value, foreign investors can invest more in the real estate Philippine market.

The Philippines is a top tourist destination

The Philippines is truly a traveller’s dream. The country is known for having rich biodiversity as well as a profound cultural and historical heritage. Statistics from the Department of Trade and Industry (DTI) reported that there were 7.1 million tourists that visited the Philippines in 2018. That is a growth of 7.7% compared to the year before.

Leisure and tourism facilities are known to influence property value. Because of the volume of the tourists that needed a place to stay, there is a high yield for short term renting of properties in the area. Over time, the development of infrastructures will commence catering to many tourists, thus affecting the land value of the surrounding properties.

President Duterte’s “Build, Build, Build” Program

President Duterte launched the "Build, Build, Build" (BBB) program aimed at accelerating infrastructure spending and developing sectors that will deliver steady growth, generate employment and enhance Filipinos ' lives.

Philippine infrastructure modernization is anticipated to accelerate and work particularly well for the real estate sector, giving an additional boost and more confidence, not only in Metro Manila, but also in other parts of the county.

Good Return of Investment

Making profit is the primary purpose of any real estate investment. Philippines real estate experts would argue that Return of Investment (ROI) is the measure which is used to evaluate the profitability of an investment. It measures the amount of return on a specific investment relative to the investment’s cost. 

Unlike before, when investors only considered condo units, houses and land as suitable types of investment, investing in memorial lots are now growing in popularity as they see a high return on their investments. These investors can expect to earn 10% of their investment every two to three years.

Almost everyone can find a memorial lot for sale and purchase it because they can pay by monthly amortizations at low-interest rates. Investors can purchase memorial lots for the inevitable future, or they can resell it at a higher price later.

There is also no need for constant upkeep since maintenance of memorial lots are also shouldered by the developer, which already includes the cleaning of the area and the regular trimming of the grass. 

The Roots Commune: Building a Creative Community of Entrepreneurs for Local Growth and Sustainability

Wazzup Pilipinas!

Can sustainable living be, in fact, sustained? A small band of local entrepreneurs is certainly pushing to make it so.

To promote sustainability and local creativity, the Roots Collective, in partnership with the Peace
and Equity Foundation (PEF), will hold a special retail exhibit and fair at Uptown Bonifacio mall at the end of September. Called the Roots Commune, it is to showcase a wide array of ethically-made products – from farm-to-cup herbal blends to zero-waste necessities, to handcrafted accessories, to all-natural foodstuffs.

This seven-day event will also feature founders of social enterprises, as well as key members from their partner communities, who will be talking about their journeys together in building long-lasting collaborations towards a better future for the next generation.

The Roots Commune is part of the Roots Collective’s efforts to create a space where entrepreneurs can come together and work towards local growth and sustainability. Through this fair, the participating enterprises can provide greater market access and funding opportunities for their partner communities.

It will house several well-loved local brands such as Tsaa Laya, HABI Footwear and Lifestyle, Gouache[AC1] , Woven, Hiraya Chocolates, Wholly Grain, BalaiKamay, Lakan Lubi VCO and many more. Each of these enterprises collaborates with a community of skilled workers – from farmers to rural weavers to urban artisans – to create mindful and impactful yet useful and quality products. More than the bottom line, these entrepreneurs give importance to their respective social missions and their shared goals of inclusive growth.

According to Jamir Ocampo, CEO of the Roots Collective, “We realized there’s really a need for a community hub. It’s just more than a space – we help each other figure out together how to grow big. If there’s anything that this new generation of social enterprise did at Roots, it’s growing together.”

The Roots Commune will be held at the Atrium of Uptown Bonifacio mall in Taguig from September 30 to October 6, 2019. On Wednesday, October 2, the Sibol Fund Kick-Off will be held at the space, featuring development funders PEF and Forest Foundation Philippines (FFP). The Sibol Fund is a special grant facility that will enable start-ups to develop or enhance the social impact of their business for poverty alleviation and environmental conservation.

Apart from that, there will be creativity workshops, advocacy talks, and recycling drives all throughout the week.


About the Roots Collective

What began as a co-working space-cum-boutique in Katipunan has grown into a pioneering community of entrepreneurs working for the sustainable and inclusive development of the Philippines.