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Can we motion to have all accounts below a certain age and karma threshold unable to post to this subreddit. It’s getting kinda old with all the “forex” posts
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Reserve Bank of India has released a list of 34 forex brokers; which has been declared illegal
List of unauthorized forex trading apps and websites - RBI
Friends, recently the Reserve Bank of India has released a list of 34 forex brokers; which has been declared illegal. https://preview.redd.it/dc1l0ca388o91.jpg?width=637&format=pjpg&auto=webp&s=1a865302fede2fd22985b27c767481ecb4219204 Before releasing this list, RBI had done all checks regarding all transactions of all those forex brokers since February this year. Maybe this doesn't matter to you; Nevertheless, you should definitely check this list once. So see if your forex broker is not on this list! 👉 Here's a full list of unauthorized forex trading apps and websites
Alpari
AnyFX
Ava Trade
Binomo
e Toro
Exness
Expert Option
FBS
FinFxPro
Forex.com
Forex4money
Foxorex
FTMO
FVP Trade
FXPrimus
FXStreet
FXCm
FxNice
FXTM
HotFores
ibell Markets
IC Markets
iFOREX
IG Markets
IQ Option
NTS Forex Trading
Octa FX
Olymp Trade
TD Ameritrade
TP Global FX
Trade Sight FX
Urban Forex
Xm
XTB
Thanks for Reading. Please share your take on this.
MODS: We need to implement a minimum account age or karma to post, to stop all the “forex” bots from posting. That, or automatically delete any post that contains “forex” or any other financial terms in it.
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19Y/O Earning £53k/Yr- Need Advice I recently finished an apprenticeship as a Field Technician working in a the Pharmaceutical Production Industry. The job pays 53k per year which works out to just slightly over 3k a month in my bank. I know I have a good opportunity to FIRE here if I play my cards right. Here is my plan that I’ve came up with that I’d like to discuss and gave advice on, cheers! •Outgoings (Rent, Car Insurance, Car Finance, Phone Bill, Food Budget, Haircuts etc.)= £679.72 Per Month
I still live with my Parents, I’m only 19 so this is acceptable for another 4/5 years maximum before it probably becomes a burden on the both of us.
I’m working on paying my car off so I save the £120 a month spent on its finance payment, same for my insurance but I’ll get to that later.
•Savings Plan: £869.17 -£120/pm goes into a Low Interest Savings Account, this is my “Yearly Budget” which is the money I’ll use to pay for Christmas Presents, Birthday Presents etc. Having this prevents me becoming short on money if I ever forget about a birthday and have to buy a quick present. -£200 goes into a Help To Buy ISA which is a savings account that maxes out at £200 a month. If you use the contents if this to buy your first house the UK Government will add 25% of the total value to the deposit. -£50 a month goes into an Emergency Cash Fund, however I’m thinking of upping this to £100 so in the case I lose my job in 2/3 years I have atleast enough money to do me 3/4 months put aside. -£500 goes into a Savings Account I’ve named “Invest”. I am building a variety of investments from Crypto, Gold, Silver etc. I’m also starting up a small business on social media selling trading cards through auctions which is going well I use some of this money to supplement that. On the side I have began doing small forex trades too but nothing serious, its like calculated gambling.
Pension Wise I pay 14% into my pension which my company adds 12.5% so 26.5% of my total wage goes into my pension pot every year.
How does this sound? i have been considering getting a financial advisor because the idea of having so much money at my disposal at my age is frightening. Alot of my fellow apprentices have bought big cars etc with theres but I don’t see the point in this. The £1,500 I have left each month I spend wisely and I usually have a portion left when I get paid again.
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