Brokereviews helps stock market and cryptocurrency investors find answers to their questions and the information they need to make smart trading decisions.
Can You Use PayPal to Invest in Robinhood?
Since it's a convenient e-wallet, many people ask themselves "Can I use PayPal with Robinhood"? While you can't directly deposit to Robinhood via PayPal as a payment method, you can certainly transfer your funds to your Robinhood account via a Cash Card. Applying for a PayPal Cash Card You can apply for this card as long as you have verified your identity at PayPal's website and then order a PayPal Cash Card via Wells Fargo. Afterward, you can easily deposit and withdraw cash between your PayPal account and Robinhood directly. However, keep in mind that you could wait 2-4 business days for the transfers. Can You Use PayPal Although direct deposits may not always be possible, PayPal does make it easier for you to work with your money using their transaction services.
Asked 2 years ago
What Are the Most Profitable Forex Indicators?
One of the Best Forex Indicators: MACD One of the best Forex indicators forex traders still use is MACD (Moving Average Convergence Divergence). While being relatively old, as it was invented in 1979, MACD was developed by Gerald Appel to solve the problem of guesswork that most newbie traders battle with. Still, it has stood the test of time and is widely used today by new and experienced traders alike. Modern Indicator: Moving Average While MACD is great, it's still slightly outdated, and a more modern indicator would be the Moving Average for MT4. The Moving Average indicator is usually divided into two main types: Simple Moving Average (SMA) Exponential Moving Average (EMA). Both can be profitable and are worth looking into. In Conclusion: Best Intraday Indicators MACD and Moving Average could be widely regarded as one of the best intraday indicators. These two offer reliable information about the market's current state and the direction it's headed in, so they're worth looking into.
Asked 2 years ago
What Are Examples of Appreciating Assets?
With financial information storming the internet, many people get mislead on what appreciating assets are. Putting it simply, an appreciating asset is any asset whose value is increasing, or has the potential to increase in the future. Popular examples of appreciating assets: real estatereal estate investment truststocksbonds,private equity,savings accountscommodities Of course, these are just some of the most popular examples of appreciating assets that can grow substantially in value as time passes. Conclusion: Guarantee There is no guarantee that any asset you buy or invest in will increase considerably in the future, even if it's an appreciating asset. Even though no one can foretell the future, the assets mentioned above have strong potential in generating an additional revenue source.
Asked 2 years ago
What Are Metatrader 4 Indicators?
MetaTrader 4, also known as MT4, has been one of the most popular and widely used electronic trading platforms for online retail foreign exchange investing. After its development and release in 2005, MT4 has been the go-to technology for both retail and institutional investors. Within the MT4 ecosystem, you can utilize any technical analysis tool at your disposal. That is, as long as you know how to exploit an indicator to advance your positions and ensure you are on the winning end of a trade. First, trading indicators are calculations based on an investment's price or volume that could result in future prices as they guide you through day-to-day strategies. Second, while there are many forex indicators in the trading realm, there are several that you need to put in your back pocket for future reference. Let's get acquainted with some of the more ubiquitous ones. 1. Moving Average Convergence Divergence (MACD) Moving average convergence divergence, or MACD, is a trend-following indicator that spotlights the relationship between two moving averages of an investment's price. The purpose is to highlight the security's strength, direction, and momentum. 2. Average True Range (ATR) Average true range (ATR) is a simple moving average (SMA) indicator that monitors the degree of price volatility rather than the indication of price movement. Ultimately, it can give you insight into how volatile a currency pair is, allowing you to know when you could enter and exit positions. 3. Orders Orders can also be a helpful forex indicator to differentiate between your positions and others' trades. It is a welcomed technical analysis tool to see if you made the right trade or you are not applying the correct trading plan. 4. Breakout Zones The breakout zone in MT4 is when the price surpasses or finishes the session above the upper red resistance line. This is an indicator to go long. On the other hand, breakout zones can also point to a price exceeding or closing the trading day below the lower red support line. 5. Relative Strength Index (RSI) The relative strength index (RSI) is an indicator that tells investors the magnitude of the latest price changes. This helps you determine if the investment is overbought or oversold. Typically, anything below 30 suggests it is oversold or undervalued. 6. Money Flow Index (MFI) Like the RSI, the money flow index (MFI) is a technical indicator to inform you if something is overbought or oversold by homing in on prices and volume data. Anything above 80 indicates it is overbought, while anything below 20 is believed to be oversold. Use Indicators to Trade Indeed, these are only the tip of the technical analysis tool iceberg. The world is your oyster when exploiting the vast number of indicators. Whatever you choose to incorporate into your overall investment strategy, be sure that you actually utilize them to your advantage. There is a reason why the pros use indicators on MT4 or every other trading platform: They work!
Asked 2 years ago
Understanding the Winiford Platform: Worthwhile or Illegitimate Scam?
In recent years, many online trading platforms across the globe have been born. Some delving into stocks and bonds. Others offering users to trade foreign exchange and commodities. But while market competition is great for consumers, some traders might be worried about the safety and legitimacy of these venues. Does this include Winiford? What is Winiford Anyway? In 2020, Winiford, a cryptocurrency trading outlet, was created, giving investors easy and secure access to the ballooning cryptocurrency markets. Right now, Winiford only lets users trade cryptos, such as bitcoin, ethereum, and dogecoin, but time will tell if other asset classes will be supported. However, since it is a little more than a year old, is it a safe alternative to some of the other platforms available in the digital marketplace? Is Winiford Safe Worthwhile or an Illegitimate Scam? Winiford is an unregulated crypto broker. Without a regulating agency monitoring the website, there is a possibility that you could lose your money. Fortunately, there have not been too many reports of fraud or other illicit activities occurring at Winiford. Moreover, Winiford.com maintains plenty of security features, such as providing several pieces of identification to register, deposit, and withdraw money. A Word of Caution That said, no matter where you choose to trade crypto or partake in alternative and independent platforms, it is important to use your best judgment and do your due diligence. Plus, it is always a good idea to gradually transfer money to these organizations in the event of something wrong happening.
Asked 2 years ago