What to Look for in an FX Broker

The FX market is widely popular and is currently one of the most commonly used financial markets in the world, with around 4 trillion US dollars being traded every single day. The global popularity of FX revolves around the fact that anybody can trade with it. However, in order to begin trading, foreign exchange brokers are necessary so traders can open accounts.

With FX trading increasing rapidly due to its vast accessibility, everyday people have started to search far and wide for reputable and trustworthy FX brokers. If you’re about to begin your exciting forex trading journey, it’s important you choose your FX broker wisely. Take time to compare FX brokers and look for these important qualities.

Regulations & Security

This is the absolute first thing you should identify in an FX broker before you make the decision to trade with them. In Australia, an FX broker must be registered … Read the rest

How Cash Value Builds in a Life Insurance Policy

In order to understand what cash value is in a life insurance, we first need to understand the concept of a life insurance policy. A life insurance policy basically provides financial and monetary protection to the dependants of the insured after his or her death. A life insurance policy is a legal contract between the insurer or the insurance company and the policyholder. It ensures a guaranteed payment to the beneficiaries of the insurer upon his/her death. Various life insurance channels are present like term life, variable universal life, whole life and universal life.

A life insurance policy is comprised of three major components. These are:

Death Benefit:

 Death benefit is the sum of money which is guaranteed by the insurance company to the beneficiaries of the insured upon his or her death. The death benefit amount is chosen by the insured on the basis of the estimated future requirements … Read the rest