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Loyal Primus Review – 5 things you should know

Loyal Primus is just another offshore broker that asks you to invest money with them without providing no proof that they are a safe and reliable trading option. Even though this broker asks for a very small amount of money in order to open an account for you and allows you to trade on one of the best trading platforms out there, we still do not believe that they are an option worth considering. This is most probably a scam scheme – if you deposit money with them, the chances of you getting scammed are huge.To get more news about loyal primus review, you can visit wikifx.com official website.
Loyal Primus is registered in scammers’ favorite location – St. Vincent and the Grenadines. The financial authority of this country has issued multiple statements warning investors that it does not regulate forex brokers and does not impose  any specific laws in the sphere of forex trading. Everything a broker has to do in order to start offering services is to set up a company – which is very easy to do. They would not have to answer to any regulatory body after that, meet requirements, or report transactions. All of this is fairly convenient if you are a scam broker looking to rob people without getting detected or prosecuted.

Instead of putting your money in the hands of shady enterprises, turn to a reliable, regulated broker – those licensed in the UK, the EU, or Australia are by far the best possible choice. These brokers answer to some of the strictest financial authorities in the world and are obligated to report to them regularly to ensure transparency and prove that everything is done completely legally. In order to prove their financial stability, companies who want to act as brokers have to maintain a minimum capital of €730 000 in the UK and the EU, and of A$1 million in Australia. Negative balance protection is one mandatory protection you will be benefiting from if you chose such a broker – you could never suffer losses exceeding the amount of money you have in your account. Client money must be kept in segregated bank accounts – which means that the broker would have very limited access to your money once you have deposited it and would not be able to use it for their own purposes, knowingly or unknowingly. It also speeds up withdrawals and keeps your investment safe in case your broker goes bankrupt – however unlikely that might be. If you are a client of an EU or UK broker, you could also receive compensation in case your broker goes bankrupt – up to £85 000 in the UK and €20 000 in the EU because all such brokers are obligated to provide funds for compensation funds.
However, the offer of this amazing trading platform gives you no reason to choose a shady broker – there are plenty of great brokers who offer MT4. The platform is beloved by many traders for its relative accessibility and high level of efficiency – not only would you get access to a huge number of charting and analysis tools but you would also be able to use tools like Expert Advisors that track markets and trade automatically, a  Strategy Tester, a market for additional trading apps, etc. You would also be able to set signals for prices going up or down or to subscribe to those set by others.

Loyal Primus asks for a tidy minimum deposit – $10 – in order to let you start trading. This makes the broker one of the more affordable out there. However, their affordability is not reason enough to put your trust in them. There are plenty of very legitimate brokers that also offer Micro accounts.

Loyal Primus offers sensationally high leverage – up to 1:1000. Trading with such high rates could prove to be extremely dangerous. Such scammers often emphasize on the huge profits trading with high leverage could result in. But they often forget to mention that you might also end up losing a similarly high amount of money. That is why caution is key here – always be careful with your leverage settings and trade with reasonable leverage that matches your experience level.

The spreads we got on Loyal Primus’s terminal were great – 0.2 pips on EURUSD. However, the broker has promised very different rates on the website – 1.5 pips. This is generally an okay rate but no legitimate broker would allow such a huge inconsistency. We only opened a demo account – we suspect that the spreads on the live one will be much higher. Always be cautious when dealing with such brokers – or you might end up paying a huge amount of money just to be able to trade.
Loyal Primus accepts deposit made via wire transfer, in Bitcoin, Ethereum or Tether or via some region specific online payment solutions – PayTrust88, SurePay, etc. We would not advise you to deposit with this broker – as it has become clear, they are less than reliable. And if you have already deposited, the situation is not good – retrieving your money would probably be impossible. Wire transfers and crypto transactions are irreversible – so you would not be able to ask for chargeback if you have used one of these payment solution. The safest option would be not to deposit with Loyal Primus (and similarly shady brokers) in the first place.

IUX Market review – Is iuxmarket.com scam or good forex broker?

IUX Market is, without a shadow of a doubt, up to no good. Despite its promises of ridiculous leverages up to 1:1000 and the seemingly generous bonuses it provides, the broker has too many shady things going on to even count. To get more news about iux markets review, you can visit wikifx.com official website.

Their website is one, being so badly translated into English making out what they wanted to say was a real challenge at times. Entire sections of it were in Thailand’s tongue. Our account confirmation email looked like this Definitely not. This much is evident from the fact that it lies about its regulation – it claims to be a subsidiary of some Charlgate Global LTD operating from Cyprus:

We didn’t get any results for IUX Market nor for Charlgate Global LTD. What this means is that the company is deliberately trying to pass as a licensed entity while it is not one. There are many benefits to trading with brokers that undergo CySEC supervision – for example they are required to participate in guarantee funds that restore losses in the case of the broker going bankrupt. The recuperated funds can be as much as 20 000 euro per affected trader.
Of course, there are other restrictions that the regulator imposes – for example there is the minimum capital requirement of 730 000 euro to even start offering people such services. This ensures that only viable firms participate on the markets. To further secure the financial state of investors and eliminate foul play, the CySEC has every licensed broker report daily on their activities as well.

The point we are trying to make is that there are a lot of risks in Forex trade, even without the scammers. The markets are extremely volatile and losses are a reality of the process. It is best to eliminate the risk of the broker trying to scam you altogether by trading with a company under CySEC or a similar body’s juricition. This is why you might want to invest with a licensed broker from our list here.
The answer is a resounding no. This is because the broker is certainly up to no good with its lies about being regulated we discussed above. Additionally, the terms and conditions are written in what is an impressively bad attempt at English and several key policies are left unclear.

For example, the broker claims to be offering a bonus up to $500 for traders who have just signed and another up to $3000 based on a percentage of the deposited amount. All accounts also get a $30 bonus upon creation. Now, money credited to your account in this way is explicitly unavailable to be withdrawn. However, profits based on it can be, but with some restrictions worded in an incredibly unhelpful and unclear way
A scam broker an a seemingly good bonus policy are two inseparable things – often times bonuses will be applied to accounts with no means of giving them up. To withdraw them a trader would have to execute a ridiculous trading volume within a very short amount of time. Sometimes even profits based on bonuses are required to reach this volume with no clear way of distinguishing them from profits derived from your deposit amount. This clause seems to be stipulating a similar thing – we assume credits to mean credited funds, aka bonuses and balance to mean your deposit – if you have more credited funds than you have deposited in your account you will be eligible to withdraw them. However, this is simply not possible, as bonuses are based on a percentage of the deposited amount, as we have stated. The following clause explains what happens in such a hypothesis:

To us this clause means that if your deposit amount is higher than your bonus amount you lose bonus funds equal to the amount of withdrawn ones and withdraw deposited ones instead. It is unclear where profits exist in this scenario – if they are Credit or Balance. It is troubling that we cannot know either, since the Terms do not make a mention of it.

On the website we can see that the broker boasts the ridiculous leverage of 1:1000. Of course, higher leverages entail higher risks as well. Every trader has to decide for themselves if the potential for profit outweighs the one for loss. But you have to keep in mind that the broker is not licensed, so even if it is not a scammer the chances of it going bankrupt with these leverages are pretty high. If you are feeling like doing some risky trading you are better off with sticking to one of the brokers in the following list that offer leverages of 1:500.

The trading platform the broker uses is Metatrader 4 – this is an advantage since the platform is widely regarded as the most advanced, yet user friendly one out there. It boasts hundreds of useful features like charting tools – indicators and Fibonacci levels to name some, as well as a surprisingly robust community that has developed around creating and distributing the so-called Expert Advisers – automated trading algorithms that Metatrader users create and distrubute on the platform’s marketplace. For more information on MT4 check out our list of brokers that provide it.

E8 Funding Review (10% discount code: FOREXPROPREVIEWS)

Traders at E8 Funding are encouraged to succeed in their careers. The main priority that they expect from their clients is that they are disciplined individuals who properly manage risk and focus on long-term consistency. They allow them to earn high profits by managing account sizes up to $1,000,000 and taking home profit splits of 80%. They can achieve this by trading forex pairs, commodities, indices, equities, and cryptocurrencies.To get more news about e8 funding review, you can visit wikifx.com official website.

Who are E8 Funding?
E8 Funding is a proprietary firm incorporated on the 5th of November, 2021. They pride themselves on being one of the first prop firms based in the heart of the USA offering worldwide funding. They have offices located in Dallas and Texas in the USA with another in Prague in the Czech Republic while offering traders capital up to $1,000,000 in balance with 80% profit splits. They are partnered with a tier-1 liquidity provider who gives direct market access as their broker.
Dylan Elchami is the founder of E8 Funding. His goal was to strive towards the creation of a unique and approachable way for anyone to become a professional, funded trader, managing capital remotely from anywhere in the world. He successfully reached his goal and continues improving E8 Funding’s offerings and conditions while constantly attracting more traders to join his proprietary trading firm.
His main priority in the industry is to strive towards making it easier for individuals who trade by offering them strategic partnerships and top-tier software solutions. He can manage to provide the mentioned by having in-house engineers to ensure traders the best possible experience at all times.
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. You have no minimum trading days requirement in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You have no minimum trading days requirement in order to proceed to a funded account.

By completing both evaluation phases you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account while all other withdrawals can be submitted on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal that you receive to a maximum of 14%.
ELEV8 program account aims to provide traders with an opportunity to prove their skills and manage up to $1,000,000 in balance while having access to the global markets with top-tier liquidity and technology. Traders are rewarded for their consistency in the two-phase evaluation period while trading the ELEV8 program account. The ELEV8 program account allows you to trade with 1:100 leverage.

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. You have no minimum trading days requirement in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You have no minimum trading days requirement in order to proceed to a funded account.

By completing both evaluation phases you are awarded a funded ELEV8 account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account while all other withdrawals can be submitted on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal that you receive to a maximum of 14%.

9  Best Forex Brokers in Malaysia 2023

No single Forex broker is the best option for all traders. For this reason, we have chosen the best brokers that we think will appeal to a wide variety of traders. Rather than just choosing the “best broker in Malaysia,” we have selected the best brokers for traders with different tastes in trading platforms and with different budgets and priorities.To get more news about lunarpips review, you can visit wikifx.com official website.

To compile this shortlist of the best brokers in Malaysia, we tested 160+ Forex brokers catering to Malaysian clients, including all brokers regulated by the Securities Commission of Malaysia (SCM) and the Labuan Financial Services Authority (LFSA).
Although international brokers accept clients from most countries, trading conditions and regulatory supervision may be different for Malaysian traders. To find the best Forex broker for Malaysian residents, we need to understand account conditions for Malaysian clients in detail.
To test each broker’s trading platform, we opened an account, set up the trading software, read through the educational material, and deposited and traded 250 USD of our money. We also created all kinds of trouble for the customer service teams, read through the fine print in the client agreements, and tested how long it took to withdraw our money. In our test, we investigated:

Broker Regulation: Regulators keep an eye on Forex brokers to make sure they’re behaving legally and ethically. Some regulators, such as ASIC, the FCA, and CySEC, are better at keeping brokers honest than others. The Securities Commission Malaysia (SCM) is getting better at regulating brokers all the time, and licensing internationally recognized brokers, but only a limited selection of brokers are regulated by the SCM.

Account Supervision: Most brokers are supervised by multiple trusted international regulators. As a Malaysian resident, it is important to know which regulatory authority will supervise your trading account. It is common for internationally regulated brokers to open trading accounts for Malaysian residents under their offshore licenses which are not protected by the SCM and are open to the additional risks of broker bankruptcy, fraudulent activity, or unfavourable trading conditions like a lack of negative balance protection.  That said, the SCM does not offer better client protections than many of these offshore locations.

Broker Trading Conditions and Costs: Better Forex brokers will often have lower trading costs, meaning that spreads are tight and minimum deposits are low. Trading execution should be lightning-fast and with little or no intervention. Forex brokers should also publish their spreads, execution policy, and a list of all CFDs available to Malaysian traders. We often see that trading conditions and negative balance protection availability change depending on a trader’s country of residence. 

Broker Education and Analysis: Brokers should offer beginner traders a coherent and well-structured trading course alongside a demo account. Brokers should supply detailed market analysis to highlight trading opportunities and provide a complete learning experience. While all material is available in English very few Malaysian brokers will offer the same material in Bahasa Malaysia.

Broker Trading Platform: Brokers will have their own trading platform or provide support for a third-party platform, such as MT4, MT5, or cTrader. Some brokers will do both. Most Forex traders generally have a platform preference, so brokers with multiple platforms are more likely to have the platform a trader wants to use.  Platform availability may vary between countries of residence, so our research notes which platforms are available for Malaysian residents.

Best Home Security Systems for Renters 2023

Even if you're renting your home, security is still important. For extra protection and peace of mind, you might want to install a home security system. We've rated the Best Home Security Systems for Renters of 2023 to help you decide, listing the Best DIY Systems that also don't require a multiyear contract, which wouldn't be advisable if you have a month-to-month lease.To get more news about window door security, you can visit securamsys.com official website.

Below, we describe the price, features, and plans of our Best Home Security Systems for Renters. We also explain the pros and cons of installing a home security system in a rental property, what to look for in a system, and how to install one without damaging the interior and using up your security deposit.
SimpliSafe: SimpliSafe is one of the more affordable home security systems in our rating in terms of equipment and monitoring. The basic bundled hardware package called “The Foundation” costs $244.96 and includes a base station, keypad, entry sensor, and motion sensor. Only Ring Alarm offers a comparable package and price at $199 for renters. SimpliSafe's tiny wireless sensors have an adhesive backing, so you don’t need to drill into your walls.
Some sensors include a secret alerts feature, so you can place them in private spaces and get a notification when an unwanted roommate or pet intrudes. The base station has a built-in cellular connection and doesn’t require a cell phone plan, so your services will work if your power goes out.
Frontpoint offers a few perks that are less common among other home security systems in our rating. Monitoring subscriptions include financial and identity theft protection, helping renters stay on top of their accounts. And when it’s time to move, Frontpoint’s Move Portal makes it easy by automatically updating your account on the big day and sending out new adhesives for your sensors.

However, Frontpoint has the highest monthly monitoring fees in our Best Home Security System for Renters rating at $49.88 per month. The base hardware bundle called “The Safehouse” costs $392.40. Other home security systems in our rating like SimpliSafe and Ring Alarm offer less expensive self-monitoring services, and base equipment bundles are over $100 cheaper.
Like SimpliSafe, Link Interactive is a cellular-based, DIY security system. The sensors already have the adhesive applied, allowing you to peel and stick them into place. The battery life is five to seven years, which is shorter than some SimpliSafe’s sensors. The monthly monitoring fees are affordable, starting at $30.99 per month. However, it does require a one, two, or three-year contract, whereas Cove and Simplisafe offer month-to-month plans.

Link Interactive also sells Z-wave smart plugs, allowing you to automate nearly any plug-in appliance in your rental. If you move, you can call Link Interactive for a free moving kit similar to Frontpoint, except Link Interactive doesn’t have an online moving portal.