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7 Little Changes That’ll Make a Big Difference With Your Forex Trading Merchant Account

There are several important issues concerning your high-risk business that will determine what processor to apply to when opening a merchant account.

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A spike in the Foreign Exchange firms created a surge for the merchant account providers worldwide. Merchant Account Providers are competent to offer Forex Trading Merchant Account to FX brokers around the globe.

“The Forex market is the biggest market in the financial market. With $2,409 trillion estimated annual trading value,” says Forex To Stocks.

Yet, the FX merchant faces several obstacles while getting a merchant account. Moreover, many FX brokers find merchant account providers to be fake and fraudulent. It becomes crucial for a forex business to get a trusted and secure merchant account provider for the company.

The Little Changes for FX Merchant Account

A need for a merchant account for your business makes you hunt for the merchant account provider. As forex is considered to be a high-risk business most banks conventionally deny a merchant account for your FX broker business.

The volatility of the market creates a huge barrier, to begin with. You can take certain changes into account that will make a huge difference in attaining a Forex Trading Merchant Account. It will be a kick-start to your brokerage business online.

Research the Merchant Account Provider: You will find a great deal of information while you research for a Merchant Service Provider. There are different aspects to merchant service. The features, the benefits, the assistance, even the support of a company are different from the other.
Background checks, reviews, and other trusted sources will serve as a backbone to the research and your business as well.

Don’t just aim for a Merchant Account: A merchant account is not enough for your business to take the right stance. In other words, a Merchant Account is just a bank account that will receive the online payments for your business.
You need a payment gateway to process digital payments. Online transactions through your website are possible via a payment gateway alone. The transfer of revenue from the consumers to your acquiring bank needs a bridge or a payment processing channel. A payment gateway is exactly what you need for the payments to be processed.

Aim for a Trusted Third-party Merchant Account Provider: High-Risk Businesses are mercilessly denied a merchant account due to its volatile nature. As we mentioned before, Forex does fall under the High-Risk business category. It is recommended to take a trusted merchant account provider into account.
A Merchant Account from a third-party service provider has certain features and benefits that a bank will deny in the first place. Fraud protection, chargeback management, multi-currency and multi-language support, modes of payment, and much more.

The Paperwork: The paperwork forms the most crucial part of the contract that you make with the merchant account providers. Therefore, it is your duty and responsibility to read the paperwork thoroughly.
There are two reasons for the same. One all the charges and the conditions are clearly stated there. Secondly, you will have a clear idea of what they are offering you and for what you are paying them.

Ask for Security and Compliance: Setting up a PCI Compliance, Fraud Prevention, or Chargeback Management system on your website is a huge task. Not to mention the cost of installing one of these.
As we mentioned before, the merchant account needs a payment gateway, it is important that you chooses a service provider which is PCI Compliant, has features of fraud protection and chargeback management. It saves you money and will help your business to get better consumer retention.

Build your Business Credit History: Business credit score is a major requirement for your business to get a merchant account and a payment gateway. Unfavourable credit history can be a serious downfall to a business and can hamper the long-term goals of a business. Therefore, you need to build a business score.
Avoid chargebacks and stay away from frauds. The timely repayment of loans and a good relationship with a merchant account provider proves to be a great support for the credit score and credit history.

The Transaction limits: The large-value payment system of a company will significantly boost the business idea of yours. FX requires constant transactions from low to huge amounts. The daily run of foreign exchange trade needs you to accept the payments from the traders.
Therefore, putting a limit to the transaction volume or the number of transactions per month will cost you heavily.

What is the Best Choice for your Business?

The Forex Trading Merchant Account from a trusted Account Provider such as eMerchantProis a great choice. Merchant Account with a Payment Gateway will help you to process and accept payment on your website seamlessly.

The easy integration of the algorithm into the website ensures that your business can readily start with payment processing and payment acceptance.

The best part is the benefits you get with the combo of payment gateway and merchant account. Here is a small list of the benefits:

PCI Compliance
Multi-currency support
Multi-language support
3DS or Non-3DS Payment Gateway
Seamless Integration
Quick Approval for the Merchant Account
Fraud Protection
Chargeback Management; etc.
There are several features and benefits that you can expect.

Conclusion

To sum things up, a Forex Trading Merchant Account needs to be accompanied by a Payment Gateway. It is wise of you to on board a service provider that offers both. Moreover, do take into account all the pointers that we discussed to reach a better possibility and result for your FX Broker Business.

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Mutual Fund investments: 5 ways to invest in the bull market

A mutual fund means a fund established in the form of a trust to raise monies through the sale of units to the public or a section of the pubic under one or more schemes for investing in securities, money market instruments, gold or gold related instruments, real estate assets and such other assets…

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A mutual fund means a fund established in the form of a trust to raise monies through the sale of units to the public or a section of the pubic under one or more schemes for investing in securities, money market instruments, gold or gold related instruments, real estate assets and such other assets. In case of a first-time investor in mutual funds, you need to formulate an investment strategy to diversify your investment which may help to generate long term risk adjusted return. A stock market on the bull run seems an exciting moment to invest, but one needs to be patient while investing in the market.

You can follow the following strategies while investing in mutual funds when the market is high.

1. Review your portfolio: When you initially constructed a portfolio, the markets must have been quite different. Currently, you may be cautious of market behaviour. This is a good time to assess your mutual fund investments and make a comparison of the mutual funds. If you have been investing in equity funds, you can transfer some of your mutual fund investments to debt funds to protect mutual fund investments from volatility.

2. Goal evaluation: It is essential to revaluate one’s goals at regular intervals. Newer goals will help you to invest your money efficiently. If you were an aggressive investor in the past, now you can follow a slightly conservative policy. Your mutual fund investments should be in line with your financial goals. Make a comparison of various mutual funds and choose a mutual fund based on the terms and risk profile of the goal.

3. Stick to SIPs during market high: Investors who are not aware of the market dynamics should go in for systematic investment plan(SIP) in mutual funds. When one invests a certain amount in a fund at regular intervals, one buys more units when the price is lower and lesser units when the price is higher. This is called the ‘rupee cost averaging’ method.

You can use a mutual fund calculator which is a financial tool that helps you calculate the returns from the mutual fund investments. You can thus determine the maturity value of an investment if you invest a lump sum amount or use the SIP route.

4. Choose funds as per your investment profile: Financial goals and risk tolerance should be the priority of every investor. It is essential to invest as per your risk profile and market levels should not hinder your financial goals.

For example: if you invest in mutual funds aiming to finance your retirement years after around 25 years, a sudden spike in market levels should not stop you from investing. You should keep investing in whatever funds you have invested in.

A mutual fund calculator is important because you can calculate the returns based on assumed rate of returns on investments.

5. Do not try to time the market: Every investor has done this at some point. Not only does it result in missed opportunities, but can also lead to wrong choices that hamper the growth of your portfolio.

Finally, be lion-hearted and invest in the market. The rise and fall in stocks is fundamental to market behaviour. A good financial advisor can come up with a good investment plan that can help you to create wealth in the long term.

Disclaimer: The views expressed here in this Article / Video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The Article / Video has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of the Article / Video should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. None of the Quantum Advisors, Quantum AMC, Quantum Trustee or Quantum Mutual Fund, their Affiliates or Representative shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary losses or damages including lost profits arising in any way on account of any action taken basis the data / information / views provided in the Article / video.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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Top 15 Companies Giving Best White Label NFT Marketplace Services

Grab out top 15 best NFT marketplace development companies from thousands, you can choose out best as per your requirements.

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Top 15 Companies Giving Best White Label NFT Marketplace Services

NFTs have gotten a lot of attention over the last few years. After the rise of blockchain technology, this trend arose.

Blockchain has attracted a lot of interest. Recognizing the value of this technology, various businesses and industries are using it to safeguard their data and transactions.

The success of the NFTs was not achieved overnight. Over the years, it has amassed a formidable market empire.

A swarm of entrepreneurs is now flocking to the NFT space to launch their new ventures. A white-label NFT marketplace development is one of the best ways to start a business for all those entrepreneurs.

Overview of the White Label NFT Market

The process of remaking an existing product is referred to as “white-label.” It’s more akin to renaming an already existing product.

In the corporate world, this is a perfectly legal practice. A customization option in the white-label solution allows you to tailor the platform to your specific ideas and interests.

Above all, the white label NFT marketplace is a ready-made solution. As an entrepreneur, you don’t have to invest time and effort in establishing the platform right away.

Pre-built solutions are readily available, and you can easily customize them to look exactly how you want. White-label versions of popular NFT markets like OpenSea, Rarible, and Foundation are available.

Because it is the most cost-effective, this is the most popular option among entrepreneurs. On a shoestring budget, you might be able to get this solution for your company.

15 White Label NFT Marketplaces to Check Out
1. Suffescom
Suffescom is a leading white-label NFT marketplace developer. The company has pioneered the development and delivery of best-in-class white-label NFT marketplace solutions.

Their NFT marketplace solution is tailored to your specific business needs and will provide end-to-end functionality.

They have a young and talented team of professionals who can create your ideal solution based on your requirements. When looking for an NFT marketplace development company, this should be at the top of your list.

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