<p>FlowBank is delivering on its mission to offer seamless
access to a broad range of financial opportunities globally at the most
competitive prices. An innovator in the banking field, the online bank
challenges the status quo by putting the equal sign between transparency,
variety of financial products and cost-effective diversification. </p><p>Offering a smooth onboarding experience and exposure to more than
50,000 financial instruments, including stocks, ETFs, funds, CFDs, <a target=“_blank“ href=“https://www.flowbank.com/products/forex?utm_source=direct-booking&utm_campaign=DB-WW-enForex_Live-0&utm_content=&utm_term=&utm_medium=article“ target=“_blank“ rel=“follow“>Forex</a> and more, the bank caters to all types of investors and
traders. </p><p>What sets FlowBank apart from its competitors is its exclusive
offering of zero commission on Swiss stocks and ETFs and the lowest spreads on
over 4,500 CFD products. </p><p>Most importantly, the financial institution offers its services
under its Swiss Financial Market Supervisory Authority (FINMA) license, which
is one of the most prestigious financial licenses, giving traders the sense of
stability and reliability that only a Swiss bank can offer. Upon account
opening, FlowBank clients also receive a Swiss IBAN safeguarding their funds up
to CHF100,000, under the company’s esisuisse deposit insurance. </p><p>The best
trading conditions</p><p>The essence of bank’s value proposition for traders and investors
is rooted in its Swiss DNA and is reflected by its ability to offer the best
trading conditions in the industry. Beginner investors and experienced traders
can enjoy equal access to all FlowBank’s trading instruments. It is the only
bank to offer commission-free trading on Swiss stocks and ETFs and the lowest
commissions in Switzerland on US equities. For CFD traders, it offers
ultra-competitive spreads on over 4,500 CFD instruments with no commissions.</p><p>Investors looking to take advantage of these attractive conditions
can have their transfer fees reimbursed up to CHF 750 when switching to
FlowBank from another bank or broker. </p><p>Trading
platforms for every type of investor</p><p>FlowBank offers traders
a choice of platforms. From its streamlined mobile only FlowBank app to its
advanced trading platform FlowBank Pro the company makes no compromise on
functionality. Additionally, clients can
use these applications interchangeably. The bank also offers its clients the
chance to trade on both MT4and MT5.
As an incentive to get started with MetaTrader, it is currently offering a USD
300 trading bonus for all new clients. </p><p>FlowBank is
making sure its platforms are continuously upgraded and equipped with the
newest tools and features by gathering feedback and insights from its clients
and reflecting it into more powerful solutions every time. Traders today have a
wide range of choices and high expectations when it comes to their financial
partner. Through its offering and technology suite, FlowBank aims to exceed
them. </p><p>A
client-centric approach</p><p>FlowBank is
committed to building trust and loyalty with its clients by serving them as
they would expect to be served, no matter their size. From its quick and
efficient onboarding process to its intuitive mobile and desktop trading
platforms, FlowBank is raising the bar. </p><p>The company’s multilingual support team takes every step to ensure
that each client’s questions are answered 24/6. Clients can get support via
phone, email, chat, and through social media channels. </p><p>About
FlowBank</p><p>At FlowBank we are on a mission to be the leader in banking and
trading services, committed to serving our clients with passion and
transparency. We deliver the tools to help individual investors reach their
financial goals. With FlowBank people can invest with no minimums and learn
about investing through educational content via our market insights blog, daily
newsletters, and social-first content. </p><p>FlowBank was founded in 2020 by CEO Charles Henri Sabet, with
headquarters in Geneva and an office in Zurich, the bank currently employs 120
people. The bank provides online investing and trading services and access to
over 50,000 financial products at the best prices. It was recently found to be
the most competitive trading provider in Switzerland by Neue Zürcher Zeitung.
FlowBank is licensed by the Swiss Financial Market Supervisory Authority
(FINMA) and a member of esisuisse. It is also a member of the Swiss Bankers
Association. </p>

This article was written by ForexLive at www.forexlive.com.

<p>Brokerage
apps are mobile applications that individuals use to manage their investments
and trade securities, such as stocks, bonds, and mutual funds. These apps are
provided by online brokerage firms that facilitate securities buying and
selling for their clients.</p><p>Users can
open and manage brokerage accounts, access market data, and research reports to
make informed investment decisions. They can also place, buy, and sell orders
for securities and track their portfolio performance in real time.</p><p>Overall, brokerage
apps offer a user-friendly and accessible way for individuals to participate in
investment opportunities, especially in the stock market. Below, we’ll share
more information about how brokerage apps like Pocket Option can teach you how
to trade.</p><p>How Do I Learn to Trade?</p><p>To learn how
to trade in the market, consider the following steps. First, it’s important to
research the markets and the securities you’re interested in trading, including
different investment strategies and risk management techniques. </p><p>Next, you
should choose a user-friendly brokerage app that suits your needs and has a
variety of securities to trade, low fees, and reliable customer support.</p><p>After
choosing an app, you’ll have to open an account and provide your personal
information. This includes information such as your name, address, and social
security number to complete the account setup process.</p><p>After your
account is set up, you’ll need to fund it by linking your bank account or
credit card to the brokerage app. It’s a good idea to start by practicing with
a demo account, which many brokerage apps offer. </p><p>This allows
you to trade with virtual money before investing real money, getting you
comfortable with the app’s trading platform and enabling you to test out
different investment strategies.</p><p>Once you’re
ready to start trading with real money, you can place your first trade on the
app. It’s essential to start with a small investment and gradually increase it
as you become more experienced. </p><p>Additionally,
you should monitor your investments regularly to stay up to date on market
trends and any changes in the performance of your securities.</p><p>Finally,
remember that trading always involves some level of risk, so it’s important to
do your research, set realistic expectations, and have a plan for managing your
investments. With practice and experience, you can develop your trading skills
and become a successful investor using a brokerage app.</p><p>How Can Pocket Option Help Me Trade?</p><p>Gembell
Limited established Pocket Option in 2017 and is now a binary options trading
platform with a strong reputation for reliability among its over 10 million
registered users from more than 100 countries.</p><p>Pocket
Option offers high/low options and over 100 assets, including cryptocurrencies,
stocks, and currencies. It is a beginner-friendly broker with smooth customer
support and device compatibility for web and mobile platforms. </p><p><a target=“_blank“ href=“https://pocketoption.app/“ target=“_blank“ rel=“follow“>Pocket Option Demo</a> is also available for
newbies, which can help you learn how to trade without having to invest any
real money.</p><p>The
International Financial Market Relations Regulation Centre (IFMRRC) licenses
and regulates Pocket Option. They provide traders with various risk management
tools, including stopping losses and taking profits, which protects investments
and maximizes returns. </p><p>In addition,
pocket Option is innovative in that it tracks financial metrics related to its
trading operations, such as trade volume, payouts, and overall financial
performance.</p><p>Ultimately,
Pocket Option offers competitive payouts and a variety of assets to trade for
both new and experienced traders. With a convenient platform and favorable
trading conditions, Pocket Option is an excellent digital broker for traders of
all levels.</p><p>Conclusion</p><p>Brokerage
apps are a great way to learn to trade if you’re new to the concept, especially
if you go with a platform like Pocket Option. To begin trading, download a
reputable app with the tools you need to get started.</p>

This article was written by ForexLive at www.forexlive.com.

<ul><li>I don’t think we are behind other advanced economies</li><li>There have been no disagreements between BOE and finance ministry</li><li style=““ class=“text-align-justify“>Delay to consultation on the subject had been due to „disruptions“ last autumn i.e. mini-budget fiasco</li><li>Digital pound could have huge benefits for economy and society</li></ul><p style=““ class=“text-align-justify“>He adds that there is a need to see how technology trends and the economy develop over the next few years, before assessing whether or not a digital pound would be technically feasible. For now, sure there’s no rush as other major central banks aren’t exactly pursuing it too strongly. But as mentioned before, all it takes is one to break the stigma and shift the paradigm and the rest will follow quickly.</p>

This article was written by Justin Low at www.forexlive.com.

<p>On the daily chart below, we can
see that the sellers eventually managed to break the key <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> level in the 0.6850 area. This
breakout led to a deeper selloff and the sellers are now eyeing the 0.6629
level. If the sellers manage to break that level as well, then we may see the
price falling to the 0.63 handle next. </p><p>The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> are clearly pointing to a bearish trend now and they will act as
resistance for the sellers along with the downward <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a>. Right now, the price is a bit
overextended as we can see from the price being too far from the blue short
period moving average. Generally, we can see a pullback or some ranging price
action before another push in the original trend. </p><p>On the 4 hour chart below, we can
see how the price broke with strength the support zone in the 0.6850 area. What
gave the sellers the momentum were the <a target=“_blank“ href=“https://www.forexlive.com/news/sp-global-february-flash-services-pmi-505-vs-472-expected-20230221/“>US
PMIs</a> on February 21st as those are based on the month of February
and not on the month of January like the previous reports. </p><p>The market was tentative breaking
the support, because there are talks of seasonal factors skewing the data in
January, so the PMIs gave the sellers more conviction that it may be a real
change in trend and not just a blip due to seasonal factors. </p><p>On the 1 hour chart below, we can
see that the 38.2% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level found sellers on the first try. We may see
another push upwards today as month-end flows are impacting the FX market since
yesterday. A break of the trendline may trigger a bigger pullback towards the
0.68 handle or even higher towards the major trendline. </p><p>A break below the 0.6698 support
should give the sellers conviction for a move towards the 0.6629 level. We will
have key economic data like the <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“>ISM PMIs</a> this week and beats to the
expected numbers should be bearish for the pair while misses should be bullish.
</p>

This article was written by ForexLive at www.forexlive.com.

<p style=““ class=“text-align-justify“>Here’s a snapshot of the equities space at the moment:</p><ul><li>Eurostoxx +0.1%</li><li>Germany DAX +0.1%</li><li>France CAC 40 flat</li><li>UK FTSE -0.3%</li><li>S&P 500 futures +0.1%</li><li>Nasdaq futures +0.1%</li><li>Dow futures +0.1%</li></ul><p style=““ class=“text-align-justify“>After the <a target=“_blank“ href=“https://www.forexlive.com/news/european-stocks-weighed-down-by-inflation-worries-20230228/“ target=“_blank“ rel=“follow“>early setback</a> from the hotter French and Spanish inflation data, stocks are recovering well so far on the session. That is making for a tough read in markets, as the dollar trades more mixed now with month-end flows also a consideration to be wary about.</p><p style=““ class=“text-align-justify“>It is still early in the day though and we will also have to see how Wall Street takes to this later. But for now, it looks like the resilience in Europe – which has been quite the story in markets this year – is continuing to play out.</p><p style=““ class=“text-align-justify“>Looking out to the rest of this week, do take note that there will be German inflation data tomorrow and then Eurozone inflation data on Thursday still to come.</p>

This article was written by Justin Low at www.forexlive.com.

<p>On the daily chart below, we can
see that after the strong <a target=“_blank“ href=“https://www.forexlive.com/news/sp-global-february-flash-services-pmi-505-vs-472-expected-20230221/“>US
PMIs</a> the price has broken the key 1920 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> level that was previously a
strong <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a> for the buyers. </p><p>The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> have now crossed to the downside signalling a change in trend. The
price has been consolidating just below the 1920 level as the market probably
awaits the key <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“>economic
data</a> in March to see if February was just a blip or a real reacceleration in
economic activity and inflation due to the easing in financial conditions.</p><p>In the 4
hour chart below, we can see that the price has erased the losses seen after
the hot <a target=“_blank“ href=“https://www.forexlive.com/news/us-january-pce-core-inflation-47-vs-43-expected-20230224/“>US
PCE</a> report
last Friday. It may be a sign that the market wants more data to confirm the
change in the expectations and archive the current talks of seasonal factors
skewing the data. </p><p>A retest
of the 1920 level may be in the cards and that will be the last line of defence
for the sellers, while a breakout to the upside may give the buyers some
conviction to target the swing level at 1960, but such scenario looks unlikely
unless the economic data miss expectations.</p><p>In the 1 hour chart, we can see
that the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>divergence</a> between the price and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a> was signalling a weakening
selling momentum which ultimately led to the current pullback. </p><p>There are two possible spots
where the sellers may start piling in. The first one is the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a> and the second one is the 1920
resistance. Given the data, it’s unlikely to see the price breaking up the 1920
level with conviction, so the sellers should remain in control going forward.</p>

This article was written by ForexLive at www.forexlive.com.

<p style=““ class=“text-align-justify“>If you’re wondering why the US jobs report isn’t going to come out on the first Friday in March this year, do check out Adam’s informative post below:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/why-there-wont-be-a-non-farm-payrolls-report-next-week-20230224/“ target=“_blank“ rel=“follow“>Why there won’t be a non-farm payrolls report next week</a></li></ul>

This article was written by Justin Low at www.forexlive.com.

<p>What is a
Contra Account?</p><p>A general
ledger account, along with a balance that differs from the typical compensation
for that account classification is referred to as a contra account. By using a
contra account, a <a target=“_blank“ href=“https://kowela.com/“ target=“_blank“ rel=“follow“>business</a> can record both the initial amount and a decrease to
disclose the net amount as well. The term „net amount“ is frequently
used interchangeably with „carrying amount“ or „net realizable
amount.“</p><p>Find out why
using contra accounts properly, coupled with a matched account, is essential
for accurate <a target=“_blank“ href=“https://kowela.com/signup“ target=“_blank“ rel=“follow“>accounting and financial analysis</a>.</p><p>HOW CONTRA
ASSET ACCOUNTS WORK </p><p>In
double-entry accounting, contra-asset accounts are practical instruments.
Additionally, they assist in maintaining the books‘ accuracy and leave a clean
financial trail for later analysis and reporting. </p><p>For
instance, when it comes to fixed assets, it is typical to preserve the purchase
price of a piece of equipment as a historical cost in the debit asset account.</p><p>The
cumulative depreciation contra-asset account, which is a credit account, is
where most accountants decide to record an item’s depreciation during its
useful life. </p><p>The
equipment would be included on the balance sheet at its historical cost, with
the cumulative depreciation being subtracted to represent the asset’s true
worth.</p><p>Types used
in Contra Assets</p><p>Although the
most typical counter asset account is cumulative depreciation, the following
may also be applicable depending on the business.</p><p>Allowance
for Doubtful Accounts</p><p>Because it
lowers the value of the accounts receivable (AR) account on the general ledger,
the allowance for suspicious accounts is a counter asset. When a business
offers things on credit, management frequently assumes some consumers won’t pay
and plans to write off bad debt.</p><p>Obsolete
Inventory</p><p>The outdated
inventory reserve, which lowers the total inventory value on the balance sheet,
is far less typical. A reserve equivalent to the allowance for doubtful
accounts is held in this counter account. There will be a matching credit
against the outdated inventory contra account for each debit against the
inventory account.</p><p>Accumulated
Depreciation</p><p>The amount
of depreciation on a fixed asset up to that point is recorded in the
contra-asset account, known as accumulated depreciation. Examples of fixed
assets include structures, equipment, furniture, cars, and office supplies. The
balance sheet’s cumulative depreciation account shows and lowers the total
fixed assets.</p><p>FINAL
INSIGHT</p><p>In
double-entry accounting, a contra asset is a negative account used to lower the
balance of a matched asset account in the general ledger.</p><p>A contra
account always offsets the balance of a related account. Therefore, any contra
account item is shown on a company’s balance sheet under the matched tab.</p><p>Users of the
financial statement can obtain comprehensive information from the contra
accounts in the balance sheet. However, users might be unable to perceive how
each element has performed over time if the numbers are provided at net value. </p><p>By utilizing
the idea of a contra account, it is possible to quickly and easily determine
the history of specific debits and credits in the books of a particular
organization and how they connect by merely looking at the accounting records
of that company.</p>

This article was written by ForexLive at www.forexlive.com.

<p>An appropriation account displays the allocation of resources
among partners, <a target=“_blank“ href=“https://kiexo.com/“ target=“_blank“ rel=“follow“>shareholders</a>, and departments within a company. First, an
appropriation account for businesses demonstrates how earnings are allocated
and kept. It illustrates how revenues are shared among participants in
partnerships. Finally, it proves to governments how money is allotted to
particular projects and agencies.</p><p>A P&L appropriation account’s goal is to
„appropriate,“ or distribute, the company’s <a target=“_blank“ href=“https://kiexo.com/signup“ target=“_blank“ rel=“follow“>profits</a>
to shareholders and identify the portion that will be held back for the
following fiscal year. </p><p>As previously mentioned, the account includes any
transfers made to the company’s reserve account for emergency usage and any
corporation taxes and dividends that are due. Retained earnings, which may be
put back into the company’s operations, are what is left.</p><p>It is essential to
remember that:</p><p>The lawful corporation tax rate in the area determines corporate
taxes.</p><p>The number of preferred shares and the amount being issued per
share define the preferred dividends.</p><p>The number of common shares and the amount being issued per
share determine ordinary dividends.</p><p>The changes and items that
are part of this account are as follows:</p><p>Net Profit: This is an opening balance of the
appropriation account. After the appropriate adjustments have been made for the
period, this sum is deducted from the Profit & Loss account.</p><p>Interest on Capital: The business will be
charged interest on the capital invested as a partner in the industry.</p><p>Interest in Drawings: This generates
revenue for the company. Any capital withdrawals made by the partner during the
year will incur interest charges from the corporation.</p><p>Partner’s Salary: This expenditure is
pre-agreed according to the partnership agreement.</p><p>Partner’s commission: This is a pre-agreed
business expenditure and is under the partnership agreement.</p><p>Net Profit sent to Partner’s Account: This represents the
total Profit after all the adjustments mentioned earlier have been made.</p><p>THE SIGNIFICANCE OF APPROPRIATE ACCOUNTS</p><p>·
The number of profits allocated among different heads is shown
in this account.</p><p>·
It displayed the number of earnings dispersed as dividends and
added to reserves.</p><p>·
It details the earnings‘ distribution to partners and the
different modifications made during the year.</p><p>What is the Process of Appropriation Account?</p><p>After creating the profit and loss account, the appropriation
account is created. For partnership businesses, it is created to demonstrate
how earnings are divided among the partnership’s participants.</p><p>The intent for creating this account in the case of an LLC is
the same, but the format is different. Starting with the annual Profit before
taxes, we will deduct corporation taxes and dividends to arrive at the yearly
retained profits.</p><p>The government uses the appropriation account to display the
funds allotted to a specific project. Any costs are subtracted from the money
allocated.</p><p>FINAL INSIGHT </p><p>The goal is to enable profit adjustments so that the final
revenue may be distributed among the partners under the agreed-upon terms.</p><p>It is only a nominal account which signifies that all of
the company’s spending items are debited, and all of its income items are
credited.</p>

This article was written by ForexLive at www.forexlive.com.

<p>On the daily chart below, we can
see that the range between the 33538 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> and the 34477 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a> got finally broken and led to a
selloff to the 32684 key support level. The current bias is bearish as economic
data in February beat expectations and led the market to price in a higher
terminal rate and no cuts by the end of this year. </p><p>The soft landing narrative
supported the stock market from October 2022 onwards but recently got hit as it
looks more likely that we will need some pain in the labour market to get
inflation back to the Fed’s target. </p><p>On the 4 hour chart below, we can
see that the bearish trend is supported by the downward <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a> and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a>. The hot <a target=“_blank“ href=“https://www.forexlive.com/news/us-january-pce-core-inflation-47-vs-43-expected-20230224/“>US
PCE</a> report
on Friday led to a selloff to the 32684 support and right now we are seeing a
pullback probably towards the trendline. That will be a good spot for the
sellers to start piling in again barring any notable misses in economic data <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“>this week</a>. </p><p>In the 1 hour chart below, we can
see that the best spot for the sellers will be the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-confluence-20220318/“>confluence</a> between the trendline and the
61.8% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level near the 33000 level. That’s also where a
previous swing level offered support for the buyers. We can see that the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>divergence</a> between the price and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a> into the 32684 support was a
signal for the sellers that the momentum was weakening and a pullback was
likely. </p>

This article was written by ForexLive at www.forexlive.com.