Consumer

Baby/Maternity Children Family LGBT Men Religion Teens Women
News Release Digital Asset Direct

Kona Gold Beverage, Inc Announces its Ooh La Lemin Lemonades to be sold in Town Pump Convenience Stores in Montana

KONA GOLD BEVERAGE INC.

McapMediaWire -- Kona Gold Beverage, Inc. (OTC: KGKG ), a holding company focused on product development and distribution in the better-for-you and functional beverage sector is pleased to announce its popular Ooh La Lemin Lemonades will be available for sale in Town Pump convenience stores in Montana. Of the Company's 10 SKU's of Ooh La Lemin, 3-7 SKU's will be sold in approximately 60 Town Pump convenience stores, with the number of SKU's depending on the size of the stores. Kona Gold's distribution partner, Hayden Beverage, will be distributing Ooh La Lemin to Town Pump Convenience Stores. In 1953, Tom and Mary Kenneally started Town Pump as a small full-service gas station in Butte, Montana. Today, Town Pump owns and operates over 200 gas station/convenience store, casino, hotel and car wash properties throughout Montana and Idaho. They proudly maintain lines of business in retail convenience stores featuring a wide variety of consumer goods working with vendors and suppliers to bring their customers variety and innovation along with high quality gasoline. "I am pleased to announce to our stockholders and customers, Ooh La Lemin Lemonades are coming to the popular Town Pump locations throughout Montana," stated Robert Clark, CEO of Kona Gold Beverage, Inc. "Our distribution partner, Hayden Beverage, will deliver our Ooh La Lemin Lemonades to approximately 60 Town Pump convenience stores across Montana. Hayden Beverage is quickly becoming one of Ooh La Lemin's leading distributors with their vast reach and experienced sales staff." Kona Gold's Ooh La Lemin Lemonades continue to out perform expectation in new and existing markets. The Company's sales team has launched Ooh La Lemin in several new states this year and has additional distribution partnerships coming on board in the very near future. Kona Gold Beverage recently announced its popular Ooh La Lemin Lemonades will be available for sale in Hot Spot convenience stores in North and South Carolina. Of the Company's 10 SKU's of Ooh La Lemin, 6 will be sold in all 40 Hot Spot convenience stores locations, 3 Sparkling Ooh La Lemin and 3 non-sparkling Ooh La Lemin Lemonades. Ooh La Lemin will be distributed by MR Williams, Kona Gold Beverage's new distribution partner in North and South Carolina, whose primary focus is Food Service and Convenience Stores. For more information regarding Town Pump please visit: https://www.townpump.com/ For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/ About Kona Gold Beverage, Inc. Kona Gold Beverage, Inc., a Delaware corporation, has created wholly-owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf Distribution, LLC. Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com. HighDrate, LLC has developed the beverage industry's first CBD-Infused Energy Water, available in 6 delicious flavors; please visit its website at www.highdrateme.com. Gold Leaf Distribution, LLC was created to fill the Company's distribution needs in markets that it wants to enter quickly; please visit its website at www.goldleafdist.com. Kona Gold Beverage, Inc. recently rebranded its Lemin Lemonade to Ooh La Lemin Lemonade; please visit its website at www.oohlalemin.com. Kona Gold and its family of companies are located on the east coast of Florida in Melbourne and in Greer and Conway South Carolina. Safe Harbor Statement: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Registration Statement on Form S-1. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise. Investor Relations Contact: Robert Clark 844-714-2224 investorrelations@konagoldbeverage.com Contact Details Robert Clark +1 844-714-2224 investorrelations@konagoldbeverage.com

March 13, 2023 09:15 AM Eastern Daylight Time

Pros and Cons of an ECN Forex Broker

LonghornFX

Although electronic communication network (ECN) technology has existed since the 1970s, it wasn’t until 1999 that it appeared on the foreign exchange (forex) market. In many ways, it represented the great equalizer, creating level ground with an accent on execution speed and cost transparency. This article will look into the peculiar details of ECN brokers — explain their business model, and reflect on the strengths and weaknesses of this trading network. What is an ECN Broker? An ECN broker is a financial intermediary that allows its clients to execute orders on financial markets through an electronic communications network (ECN). This broker is strictly an intermediary, so it doesn’t take these orders on its books but simply matches them between the market participants. Because an ECN broker often uses multiple liquidity providers, the spread (difference between the buy and sell prices) is usually narrower. Instead of offering wider spreads, the ECN broker receives compensation through a fixed commission per transaction. Understanding the Electronic Communication Network ECN is a network that automatically matches orders between participants in the financial markets. Those participants can be institutions like banks or hedge funds but also small individual traders. The focus is on speed, and every participant can access the same price feed. This price reflects the highest bid and lowest ask on the open market. The current and the most recent price history is also available, enabling transparency and easier analysis. ECN trading is entirely anonymous, providing privacy to those who need it — particularly institutions that can be vulnerable to competition if their orders are discovered. Benefits of ECN Brokers ECN brokers offer significant benefits. Consider the following: Lower Bid and Ask Spreads ECN brokers consolidate price quotes from liquidity providers, offering deeper liquidity. For that reason, spreads are smaller, creating particularly beneficial situations for short-term, high-frequency traders. Quicker Trade Execution ECN functions as an automated system that matches market participants' orders directly. Because the broker only passes trades through, there is no dealing desk downside, such as price requotes that might delay the execution. Flexibility ECN brokers don’t operate dealing desks, giving them higher flexibility in their operations. Meanwhile, an ECN network allows traders to trade over-the-counter (OTC) even outside the busiest market hours without a conflict of interest with the broker as a counterparty. Flat Commission Rate ECN brokers charge a volume-based commission rate while minimizing or, in some instances, eliminating the spread. This approach allows for better trade planning because total fees are just a simple calculation away. Drawbacks of ECN Brokers ECN brokers offer many benefits, but their business model isn’t without downsides. Market Fragmentation Market fragmentation is a phenomenon of the same asset trading at different prices. With ECN brokers, that might happen if the underlying asset experiences a dip in liquidity when fulfilling a large order outside of high market hours. High Minimum Account Values and Trade Sizes ECN brokers make money on trading volume. Still, providing a customer with the service is a cost that needs to be recouped so ECN brokers often have higher minimum account and trade sizes. Can Be Less User-Friendly ECN broker platforms sometimes don’t offer extensive charting capabilities, news feeds or other features that might help traders. Traders who want those features should test ECN brokers before committing. ECN Brokers vs. Dealing Desk Brokers ECN brokers focus on matching the order with an opposite one from their liquidity pool. They’re also referred to as nondealing desk brokers because they don’t trade themselves. Dealing desk brokers take the other side of the trade and then manage that risk. Essentially, they make the market so they are classified as the market maker. This approach allows for offering more stable or fixed spreads. But those spreads are usually higher to compensate for risk and enable the dealing desk to profit by selling at a higher price. Traders have two main issues with dealing desk brokers. The first is the conflict of interest because the broker trades against the trader and profits from its loss — encouraging price manipulation. Second is price requotes and execution delays that might arise in unstable market conditions. Suitable for Most Traders Needs In the early days of electronic trading, the broker market in many ways resembled Wild West. Despite some honest operators leading the way, many shady or straight-out illegal brokers made and broke the market to steal clients’ funds. In those circumstances, ECN was the breakthrough technology. It leveled the playing field, giving all market participants the same access and opportunities. At the same time, it created a transparent environment where brokers have no conflict of interest but simply focus on fulfilling orders for a commission — an environment that perfectly suits most traders’ needs. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details LonghornFX help@longhornfx.com Company Website https://www.longhornfx.com/

March 13, 2023 05:00 AM Eastern Daylight Time

TikTok Creator with the Local Community to deliver LEGO® Sets to the kids at Le Bonheur Children's Hospital

Little Bricks Charity

McapMediaWire - Russell Cassevah; 3x Guinness World Record Holder for walking on LEGO® Bricks Barefoot, President & Founder of LittleBricks Charity and Verified TikTok creator, is teaming up with his TikTok Community and the Greater Memphis Community to deliver hundreds of LEGO® Sets to Le Bonheur Children's Hospital Event Information (Media Welcome) What: Live Build Event and interview. Building with Patients in the Family Resource Center When: 1 pm, Monday, March 13th Where: Le Bonheur Children's Hospital 848 Adams Ave. Memphis, TN 38103 Google Map: https://goo.gl/maps/mrZXCxiVoyfdEUXP7 About the Donation Russell ( @LittleBricksCharityGuy ) through the nonprofit LittleBricks Charity, is set to deliver roughly 250 LEGO® Sets and products for the kids at Le Bonheur Children's Hospital. The Founder of LittleBricks Charity will drive 14 hours from Chesapeake, Virginia, to deliver these LEGO® Sets to the charity’s 33 rd Children’s Hospital in the past 16 months. “We have so many LEGO® Sets packed up and ready to go. The entire back of our van is filled!” Said Russell, who has been documenting the fundraising journey on TikTok. Cassevah, who quit his job and cashed in his retirement to start LittleBricks Charity, uses his platform to advocate for these exceptional children and fundraise for LittleBricks Charity. “After breaking my second world record, I found my purpose in life. I traded in everything to help build BIG smiles on children that genuinely deserve to smile.” “This drop-off is extra special.” Cassevah continues, “The staff at Le Bonheur Children's Hospital have opened their hearts and doors.” Russell replied, “We will get a chance to interact with their amazing Child Life team. But, I am most excited to get a chance to build LEGO® Sets with these amazing patients. Since 2020, hospitals have had to follow very tight guidelines for visitors and volunteers. I am so excited to have a chance to extend the playtime and distraction for these amazing families.” Russell’s community on TikTok, which has grown to over 1.1 Million followers, has already raised enough for $3,000 worth of LEGO® Sets that he will be bringing to Memphis this weekend. “I will be raising the remaining funds and telling everyone about how epic Le Bonheur Children's Hospital is at BrickFest LIVE this weekend in Memphis, TN.” Russell expects to raise at least another $2,000 and purchase more LEGO® Sets this weekend in Memphis. “It is so spectacular when communities on social media come together. We have already received donations from all over the world to help “Build BIG Smiles” on these Epic Kids! Now it is time for Tennessee to show the world how epic this area truly is.” Cassevah and the Child Life Specialists he works with say the donated LEGO® Sets are the most requested toy for hospitalized children. It gives them a mental escape from medical treatments, provides a sense of control, opens lines of communication, makes families smile, and so much more. About LittleBricks Charity LittleBricks Charity “Builds BIG Smiles” by delivering LEGO® Sets to hospitalized children across the U.S. and Canada. Founded in 2019, the 501(c)(3) nonprofit is headquartered in Chesapeake, Virginia. LittleBricks Charity is in the process of fundraising to deliver LEGO and LEGO based Build Experiences to over 75,000 hospitalized children. Raising the mental health of families that truly deserve to smile. To donate or nominate your child, visit LittleBricksCharity.org. LittleBricks Charity is not sponsored or endorsed by the LEGO® Group. Media Contact: LittleBricks Charity, 757-667-0753, media@littlebrickscharity.org Le Bonheur Children's Hospital, David.Henson@lebonheur.org LEGO® and the LEGO® logo are trademarks of The LEGO Group® of companies that do not sponsor, authorize, or endorse LittleBricks Charity or this event. Contact Details Russell Cassevah media@littlebrickscharity.org Company Website https://www.littlebrickscharity.org/

March 10, 2023 11:05 AM Eastern Standard Time

Image

Get your weekly groceries without having to pause your busy lifestyle

YourUpdateTV

Recently, Multimedia Reporter and Trend Expert, Milly Almodovar conducted a satellite media tour to share tips on how to get your weekly groceries without having to pause your busy lifestyle and sacrifice any of your time. A video accompanying this announcement is available at: https://youtu.be/zoJgne9Nq-U More and more consumers want faster, easier and affordable ways to get their essential items the same day without sacrificing time or quality. DoorDash launched on-demand grocery delivery in 2020, and over the last few years, it has accelerated its growth beyond restaurants, introducing on-demand grocery, convenience store delivery,, and more on the DoorDash app with partners including Albertsons-Safeway, Aldi, Dollar General, Hy-Vee, Meijer, Sprouts, Walgreens, and Wawa®. Today, there are tens of thousands of non-restaurant retail stores on the DoorDash platform across North America. DoorDash grocery delivery can help you save on time and money. “With DoorDash, you can eliminate all the fuss of waiting in long lines and looking for parking” says Almodovar. It’s convenient, easy, and more affordable than you may realize. You can save with DoorDash thanks to frequent deals, discounts, and more. The delivery app has been trusted to deliver meals from your favorite restaurants, and now, they can deliver your groceries too to make your favorite meals at home. Right now the best deal you can get is 30% off your first grocery order of $30 or more with the code: WEGETGROCERIES. So not only is DoorDash saving you money, but they’re saving you time and you know that’s priceless.” Its mission is to bring the best of every local neighborhood to consumers on-demand, from the weekly stock up to the last-minute ingredients needed for dinner tonight. The DoorDash app is available in the app store for iPhone and Google play store for Android. For more information, visit doordash.com/grocery-delivery. BIO: About Milly Almodovar Milly Almodovar is the former Senior Beauty Editor of Cosmopolitan for Latinas, now multimedia reporter, hispanic trends expert and TV Lifestyle and Beauty expert. You can find her on shows like Good Morning America, The Today Show, Rachael Ray, Dr Phil, etc. When Milly isn't working, she enjoys watching true crime shows and taking salsa lessons. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 09, 2023 12:32 PM Eastern Standard Time

Video

COMCAST EXPANDING ITS MULTI-GIG XFINITY NETWORK THROUGHOUT PUEBLO COUNTY

Comcast Colorado

Comcast announced today it will expand its next-generation network, the Xfinity 10G Network, to serve more of Pueblo County, including Pueblo West. The company says the more than $75 million project will provide enhanced business products and services, and extend new fiber-rich highways to connect more of the existing and new homes and businesses throughout the growing Pueblo County area. This planned expansion adds to Comcast’s ongoing $1.2 billion investment in Colorado over the last three years. Construction has already begun in parts of the Pueblo West community, and people will start being able to connect with services before the Fall of 2023. With this expansion, Comcast will provide multi-gig broadband internet speeds, video, mobile, voice, home management, and business products and services. “Comcast is committed to connecting more people to what and who matters most to them,” said J.D. Keller, Senior Vice President, Comcast’s Mountain West Region. “We’re excited to bring our fast, reliable, secure network and services to more people throughout Pueblo County. Whether it’s for work, school, or entertainment, our fiber-rich, multi-gigabit network is built to meet the needs of tomorrow - today.” Once complete, Comcast, the nation’s largest provider of 1.2 Gigabit per second speeds, will give consumers throughout Pueblo West access to reliable and fast Xfinity Internet and Xfinity Mobile service that outperforms its competitors. Comcast’s next-generation technology provides multiple layers of security that automatically detect and block hundreds of thousands of cyber events every second, providing peace of mind to consumers and businesses. “ Access to reliable internet and telecommunications services is critical to the vitality and economic growth of Pueblo,” said Jeff Shaw President/CEO from Pueblo Economic Development Corp. “Comcast is already a great service and community partner throughout our Pueblo communities, and we appreciate their investment. We value their commitment to increasing accessibility and bridging the gap to connect more people to much-needed services that will help our community and businesses thrive.” Comcast is committed to addressing digital equity in communities we serve, through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. Last year, Comcast Colorado invested more than $42.6 million to help more than 260 community organizations statewide provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. Comcast supported local organizations including United Way of Pueblo County, Boys &Girls Clubs of Pueblo County, and Southern Colorado Youth Development among others. And Comcast has four Lift Zone connectivity centers at central community organizations throughout Pueblo including Boys & Girls Clubs of Pueblo County, Southern Colorado Youth Development, El Centro Del Quinto Sol Pueblo Parks and Recreation, and RMSER Community Center, to ensure more people have access to secure, reliable Wi Fi. Comcast’s community funding supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. For more construction details and updates, visit https://colorado.comcast.com/Pueblo Powered by the Xfinity 10G Network Comcast’s next-generation network and Internet experience are powering homes today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: 10 million+ Xfinity Internet customers subscribe to gigabit speed products, and Ookla rated Xfinity the fastest Internet provider at the end of 2022*. Symmetrical gig speeds to the first homes are planned for later this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful xFi Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest xFi Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. About Comcast: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Ookla’s Speedtest TM Market Index report shows that Xfinity delivered the fastest median download speeds to its Internet customers in Colorado for the final quarter of 2022. Once permits are obtained and construction has begun in the public rights of way, Comcast will create an online resource for residents seeking information about the network build in their neighborhood, including answers to frequently asked questions and product and service details. For more information about Pueblo County’s broadband expansion initiative please visit www.colorado.comcast.com/Pueblo About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

March 09, 2023 09:00 AM Mountain Standard Time

USMJ.com Partnership & New Products

North American Cannabis Holdings, Inc.

McapMediaWire - - North American Cannabis Holdings, Inc. (OTC: USMJ ) - USMJ.com has established a new partnership with Nature’s Perfect Hemp, out of Tennessee. Nature’s Perfect Hemp has a wide variety of products that range from CBD, Delta-8, Delta-9 & Delta-10 in various formats for customers to take their cannabinoids. Link to Nature’s Perfect Hemp products Some key facts about the partnership & products: All new products have been 3 party tested Vapes, Prerolls, Gummies come in a variety of flavors All Products are available for wholesale through USMJ looks to cultivate and grow partnerships with American Based companies for the ever-growing cannabis market. “I couldn’t be more excited about this partnership with David Cooper & Nature’s Perfect Hemp” says, Steven Rash, CEO, North American Cannabis Holdings. “It’s been a while since I’ve been excited from an opportunity standpoint, and we’ve been working hard to get this done. It’s ready and I hope our customers are ready.” David Cooper, CEO of Nature’s Perfect Hemp, started his company back in 2017. After dealing with pain from surgeries and rehabilitation he encountered Hemp. Just a couple drops a day relieved his pain and turned a complicated lifestyle into a normal lifestyle. Experimenting with his own personal formulation which allowed him to modify for his personal needs. These formulas became Nature’s Perfect Hemp. “Steve is a professional businessman, and exiting our meeting he was extremely about our future business together. We’re happy to have our products listed on USMJ.com ” says, David Cooper, CEO of Nature’s Perfect Hemp. “When we first chatted with USMJ, we knew there would be synergy and an opportunity for growth on both fronts.” Vendors looking to partner with USMJ.com may read about the process and apply here: https://usmj.com/pages/vendor-inquiries Background: USMJ.com is a line of business of North American Cannabis Holdings, Inc. USMJ.com is one of the largest and fastest growing marketplaces to shop for CBD, CBG, hemp and cannabis essentials. Additionally, UMSJ.com has multiple B2B programs and partnerships offering them access to the tools and products USMJ.com has to offer. Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease. For More Information Contact Steven Rash North American Cannabis Holdings, Inc +1 888 694 8765 info@shopusmj.com David Cooper https://naturesperfecthemp.com info@naturesperfecthemp.com Contact Details North American Cannabis Holdings, Inc info@aciconglomerated.com Company Website https://usmj.com/

March 09, 2023 09:54 AM Eastern Standard Time

Is Forex Trading Hard?

CedarFX

The foreign exchange, or forex, market is the largest financial market in the world, with a daily trading volume of more than $7.5 trillion (as of April 2022), according to the Bank for International Settlements. However, retail traders form only 5.5% of the total forex traders globally. Multinational and investment banks, institutional investors and government agencies control over 90% of the total trades. Retail traders often find it daunting or extremely expensive to enter the forex market because of the sheer trading size requirements and the extreme market volatility. The forex market is open 24 hours a day five days a week and is sensitive to developments in economies. Markets are most active during certain hours, so a trader has to keep up to date with market news and events and remain active during the most active trading hours to generate hefty profits. What is Forex? The foreign exchange market facilitates the trading of national currencies. More than 170 currencies are used in the world, but seven currencies dominate the majority of the transactions in the forex market — U.S. dollar (USD), Euro (EUR), Great British Pound (GBP), Australian dollar (AUD), Japanese yen (JPY), Swiss franc (CHF) and New Zealand dollar (NZD). These currencies form the major currency pairs in the forex market and account for nearly 75% of the total trades. USD is considered the reserve currency of the world and has been on one side of 88% of all international forex trades. Lesser-dominant currencies, particularly the fiat money of emerging economies, are often grouped to form “exotic currency pairs.” Given the relatively lower demand for such currencies, they are not traded frequently and have higher bid-ask spreads. As they are traded in lowers volumes, exotic pairs are highly illiquid in nature and are also more volatile than major currencies. What Makes Forex Trading Difficult? The forex market opens at 5 p.m. Eastern Standard Time (EST) on Sunday and remains active for 24 hours a day throughout the week till 4 p.m. EST on Friday. Also, foreign exchange rates are highly volatile, as even a minor development in one country or a geopolitical event can result in massive currency rate fluctuations. In addition, forex trades are often conducted on margin and are typically placed in lots. For reference, a standard lot size is 100,000 units of the base currency. Investors opting for margin trading borrow funds from brokers, amplifying losses and increasing risk. Margin traders are required to put up a certain proportion of capital as minimum margin and maintenance margin. Want to Start Forex Trading? Here’s Where to Start Currency trading might seem unnerving, but successful forex trades can generate a higher return on investment (ROI) compared to equivalent stock trades within a shorter time span. Follow these steps to begin your forex trading journey: Find a Reputable Broker Finding an appropriate broker that matches your investment requirements and risk appetite is the first step to currency trading. While there are numerous online brokers available, selecting the right broker will minimize your transaction expenses and improve profit margins. You can take a look at some of the best forex brokers here. Start With a Demo Account Forex trading might be confusing for beginners and can result in high losses if not strategically executed. Most online forex brokers allow novice traders to open a free demo account, which simulates real-life trading in forex markets. Traders can see in real-time how currency pairs move and practice investing in a risk-free environment. Learn the Fundamentals of the Markets Practicing investing in the forex market is a great way to understand the fundamentals of foreign exchange. Apart from knowing the basics such as market timing and the most popular currency pairs, a forex trader should begin researching key essential forex jargon such as lot size, bid-ask spread, pips and leverage as well as orient themselves with popular currency trading strategies. This practice will help them build adequate knowledge about forex trading. Apart from providing demo trading accounts, some of the best forex brokers provide educational content on their websites to help beginners understand the complex workings of the currency trading market. Pay Attention to Risk Management Risk management is crucial while investing in forex, as the potential for losses is high. Most forex trades are placed on margin, which magnifies the risk of losses on an adverse trade. Implementing risk management strategies such as placing stop-loss orders and limiting the use of leverage can help a forex trader mitigate the market risk with ease. Work With a Broker You Can Trust Choosing a broker that fits your investment profile is one important part to becoming a successful forex trader. Online forex brokers that have a short processing time and low commission fees are often the most favored, as forex trades are typically required to be executed as soon as possible to capitalize on price swings. Amid the rising popularity of environmental, social and governance (ESG) investing, the world’s first eco-friendly forex trading platform CedarFX is gaining traction rapidly. You can check out CedarFX’s review here. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details CedarFX +1 877-440-9464 info@cedarfx.com Company Website https://www.cedarfx.com/

March 09, 2023 06:00 AM Eastern Standard Time

Fundamental Factors That Affect Exchange Rates for Forex Traders

CedarFX

Investors often hesitate to invest in the foreign exchange (forex) market, as its sheer size and volatility can be daunting. Geopolitical relations and current events have a major impact on currency exchange rates so the forex market is more volatile than traditional stocks or bonds. But most short-term fluctuations are chalked up to market noise. Identifying the fundamental factors affecting exchange rates can help traders capitalize on market fluctuations and boost their profit margins. Understanding Exchange Rates The exchange rate refers to the value at which one currency can be exchanged for another. At the time of writing, the USD/CAD exchange rate stood at 1.35, while the USD/EUR was 0.93. This means that one U.S. dollar buys 1.35 Canadian dollars but only 0.93 Euros. Traders essentially buy one currency at the rate in which one currency can be exchanged for another in the forex market. If traders expect a currency such as the U.S. dollar to appreciate against the Euro, they will buy USD/EUR currency pair (go long). If the consensus is that USD will plummet relative to EUR, traders will sell, or short, the major currency pair. Common Economics That Impact Forex Traders Several fundamental factors cause exchange rates to rise or fall. Understanding the primary economic factors influencing the U.S. dollar can help amateur traders build a solid foundation regarding forex trading, as the greenback was one side of approximately 88% of all forex trades as of April 2022, according to the Bank for International Settlements (BIS). Inflation Rates Inflation typically has a negative impact on a currency and the corresponding exchange rate. The purchasing power of a currency plummets during periods of inflation, causing it to depreciate relative to foreign currencies. As the cost of goods and services rise in a home country, the demand for them falls in the international market. As a result, the demand for the corresponding currency declines as well, causing its value to fall with respect to other currencies. For instance, because of the hyperinflation crisis in Sri Lanka in 2022, its central bank intervened to devalue the Sri Lankan rupee by 15% in March. Terms of Trade Terms of trade (TOT) is the value of a country’s export prices with respect to its import prices. It is derived by dividing total export prices by import prices. A positive TOT ratio indicates the total value of exports is higher than the total value of imports. Consequently, the demand for domestic currency is higher in the international market, reflecting currency strength. But if imports exceed exports, the value of the domestic currency tends to fall, causing the equivalent exchange rates to depreciate. Government Debt Government debt reflects the overall strength of an economy and market confidence in its legal tender. A country with a very high debt level runs the risk of default, which will result in the currency depreciating. The level of federal debt typically affects the market faith in a currency, and any change in the total borrowings has a direct impact on its exchange rates relative to other currencies. The U.S. hit its debt ceiling limit on Jan. 19, raising alarms regarding the government’s ability to meet its payment obligations. If Congress fails to pass a resolution to raise the debt ceiling, the U.S. dollar could fall significantly. Recessions Exchange rates tend to fall during periods of economic downturn or recession. As the aggregate demand and consumer spending fall, the currency’s value also declines with respect to other foreign fiat currencies. Recession warnings issued last year by analysts and economists caused the U.S. dollar to fall late last year. The U.S. Dollar Index has declined by 3.7% over the past three months despite the Federal Reserve’s persistent rate hikes. The reserve currency index hit its nine-month low on Feb. 1 amid recession warnings and the Fed’s signal for slower rate hikes for the upcoming months. Political Stability and Performance Geopolitical tensions have caused forex market volatility to multiply over the past few years. Current market and political news play an important role in influencing exchange rates and often cause wild swings in the forex market. Illustrating with an example, the Russian ruble hit its all-time low after the country waged a war against Ukraine last February. Also, the Turkish lira hits a new record low against USD after the devastating earthquake as concerns regarding the economic stability of the region were brought into question. The economic crisis in Pakistan has caused the Pakistani rupee to fall heavily against the greenback. Forex Trading Demystified While the daily fluctuations in exchange rates can appear daunting, fundamental factors typically have a long-term impact on exchange rates, while the impact of daily news on currencies is typically recovered intraday or within the short term. An economy’s health, growth prospects and overall stability are the primary factors you should consider before trading the respective currency. Analyzing a currency’s relative performance with other major currencies is important. For instance, almost all economies in the world were affected by raging inflation levels last year, causing major currency fluctuations. Also, the U.S. dollar is expected to remain strong against European currencies and the Chinese yuan despite the recession concerns, primarily because of the economic stability of the nation. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details CedarFX +1 877-440-9464 info@cedarfx.com Company Website https://www.cedarfx.com/

March 09, 2023 06:00 AM Eastern Standard Time

What is an Islamic Forex Account?

LonghornFX

Few social-cultural systems have impacted our society more than religion. The belief in a higher power has shaped the world through rituals, sermons and other practices but also through defining the fundamental guidelines of social behavior within the communities. For religions like Islam, those guidelines include extensive references to finance, creating the concept of Islamic finance. Offering foreign exchange (forex) services to Muslim customers has to be in accordance with their beliefs through special Islamic accounts. This article will cover the basics of Islamic forex accounts — how they work and what makes them different from ordinary ones. Fundamentals of Halal Forex Trading Islam is an old religion with complex guidelines, many of which offer in-depth principles for financial business. Although some of them sound outdated by modern standards, their principles still apply. For example, a trade has to be immediately exchanged. This concept works through over-the-counter (OTC) trading. No interest is involved in any form, credited or debited. Halal forex trading has to be swap-free — without an interest fee for an overnight position. Finally, forex trading has an advantage over other markets in terms of short-selling. Islam prohibits short selling — borrowing an asset while betting on its price decline. But currencies trade as a pair so selling a currency doesn’t have to involve borrowing any asset or interest element. Is Forex Trading Halal or Haram? Forex trading can be both halal or haram. It depends on the individual’s attitude toward it. According to Islamic law, something is considered forbidden or “haram” based on the guidelines of the Holy Quran. The forex-related prohibited activities include charging interest and gambling. While Islamic forex accounts operate without charging interest, the gambling factor is partially up to the traders themselves. Is their strategy sound? Are they operating with a specific purpose or randomly? Islam doesn’t prohibit conducting regular business, which involves taking on risk, yet by removing the leverage factor, an Islamic forex broker removes the gambling element — making the trading halal. Understanding How Islamic Forex Accounts Function Islamic forex accounts have few key differences from regular accounts. Here are four things to keep in mind when trading through an Islamic forex account. Commissions Islamic accounts are swap-free, meaning they don’t pay or earn swaps or interest on any trades. Instead, most brokers opt for a flat financing charge rate, also known as a commission, that depends on the currency pair. While popular pairs such as USD/JPY might have a low commission, exotic ones like EUR/ZAR might be 10 times more expensive. Eliminating Interest Earning or charging interest or riba is one of the critical haram concepts in Islamic finance. In forex trading, interest is charged or accrued for trades that roll over into the next day. Islamic forex accounts don’t offer this, preventing some strategies based on that concept. For example, borrowing the lower interest rate currency to fund a purchase of a higher interest rate currency is known as a carry. Yet, Muslim traders should not pursue it, nor should it work on Islamic forex accounts. Limited Currency Pairs Using an Islamic forex account might limit access to some exotic currency pairs. This is mainly because of the broker’s expenses associated with the significant interest rate differentials. Exotic currency pairs involve emerging markets that often have high-interest rates, such as Turkey or Thailand, and brokers cannot process those trades under halal guidelines. This limitation doesn’t impact most traders who prefer to stick with the most popular currencies: the U.S. dollar (USD), the Euro (EUR), the Japanese yen (JPY), the British pound (GBP), the Canadian dollar (CAD), the Swiss franc (CHF), the Australian dollar (AUD) and the New Zealand dollar (NZD). Wider Spreads By offering leveraged trading through borrowed funds, brokers make a sizeable portion of their income by charging swap interest. Because charging interest is not allowed in Islamic finance, they have to find some other compensation to make it up by setting a wider spread. This spread seldom makes a difference for long-term traders, but it makes short-term trading (scalping) much harder. Traders who execute tens of daily trades might have to adjust their approach as fees and spreads quickly add up, eating into the profits. Religious Compliance Comes With Restrictions Religion is essential to many people’s lives. Its influence stretches far beyond the spiritual element and sometimes deep into established business practices. Currency exchange is a fundamental part of international business, and the only way it works is through currency trading. By collaborating with Islamic scholars, forex brokers found a way to offer their services in a halal way. While it limits access to some markets or prevents pursuing specific strategies, it is a small price to access one of the largest markets in the world. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details LonghornFX help@longhornfx.com Company Website https://www.longhornfx.com/

March 09, 2023 06:00 AM Eastern Standard Time

1 ... 72 73 74 75 76 ... 172