But, I want to ask:
1. For example, if England experiences a second Recession, my question is, what is Recession?
2. And I want to ask about Broker ACFX, is it a good broker? They claim to be regulated by FSA, is it true? I registered 4 days ago, they said my account will be active when my account manager contacts me, but until now there has been no call, text, or email, is that right? And they are offering a $100 No deposit bonus for forex. Thank you very much.
In macroeconomics, a recession is a condition when gross domestic product (GDP) declines or when real economic growth is negative for two or more quarters in a year. A recession can result in a simultaneous decline in all economic activity such as employment, investment, and corporate profits. Recessions are often associated with falling prices (deflation), or, conversely, sharply rising prices (inflation) in a process known as stagflation. A prolonged economic recession is called an economic depression. A drastic decline in the economic level (usually due to a severe depression, or due to hyperinflation) is called economic collapse.
I myself opened an account at ACFX in 2011. It used to be called atlasefx. Under the auspices of atlase bank, it was contacted by managers via YM / HP.
FSA regulator from the UK. Some say that ACFX is not properly registered with the FSA / is false. If that is true then ACFX could be sued. but there have been no problems so far.
There were no welcome bonuses back then. and the appearance is not like now. you can contact CS.
The number of brokers or brokerage firms is a choice. Choosing a broker is the right of the trader. The main thing in choosing a Broker is to adjust it to the financial condition you have. There are brokers that limit trading systems, minimum deposit limits, methods of depositing and withdrawing funds, and the speed and length of depositing and withdrawing funds. The size of the price spread offered. Regulated or Unregulated, Requests often occur when Runing moves quickly. There is Swap or Free Swap, All of this is evidence that each broker has its own advantages and disadvantages.
"Choose a broker that is close to what you expect, Adjust to your financial condition. Choose a broker that Offers free swap if you are a Muslim !!
Thanks
@Ubed:
1. A recession is a macroeconomic term that refers to a significant decline in economic activity. Recessions impact the decline of economic indicators such as Gross Domestic Product (GDP), company profits (both state-owned and private companies), employment, etc. Recession attracts interest in gold investment and continuous economic turmoil until economic policies are taken to re-boost economic activity. The economic policies taken are usually economic easing to inject money into the economic system such as interest rate cuts, increased government spending, economic stimulus, and tax cuts.
2. Broker ACFX (Atlas Capital Financial Services Ltd) is no longer registered with the FCA UK, and you can check this yourself by entering the serial number 480859 on the FCA UK page. In addition, in April 2016 ACFX was suspended by Cysec on suspicion of violations. The latest news on the Cysec website, dated April 10, 2019, the Cysec (Investor Compensation Fund/ICF) provided compensation payments to ACFX clients. It is advisable to avoid brokers like this because they have a track record of violations in their business activities.
Thank you.