Reasons Behind BoC’s Increase in the Neutral Rate

By Admin in Articles

The recent decision by the Bank of Canada regarding interest rates didn’t involve any cuts, but it did shed light on the bank’s outlook on where interest rates might be headed.

While maintaining the overnight interest rate at 5%, the Bank of Canada made a notable adjustment: it increased its nominal neutral interest rate.

The neutral rate represents the point at which the central bank’s monetary policy neither stimulates nor restrains the economy.

This rate essentially functions as the “Goldilocks” interest rate, as described by Sheila Block, an economist and research associate at the Canadian Centre for Policy Alternatives. It’s the rate at which more…

Double your deposit with FxPro!

By Admin in Brokers news, Brokers promotions

Globe Gain is informing its users about an advantageous offer from FxPro, which encourages traders to trade like professionals. As part of an exclusive promotion, FxPro offers a unique opportunity to double the deposit for those who open and fund an FxPro Promo account. Participants can receive up to 100% additional trading capital on their deposit with 0% commission. Moreover, FxPro allows funding the account using various payment methods without any commissions, and the received credit can be converted into withdrawable cash. It’s important to note that the offer is limited and valid until April 9th. Globe Gain reminds that withdrawing more…

AMarkets at Forex Expo Dubai 2023: Main Industry Trends and the Company’s 16th Anniversary (+Special Offer)

By Admin in Brokers news

The past two weeks have been filled with significant events for our company. AMarkets  participated in the largest financial B2B exhibition, Forex Expo Dubai 2023, held from September 26 to 27. These days were packed with productive meetings and conferences. Leading industry experts shared their insights on the following crucial topics:

  1. The latest Forex trends: understanding market changes and how to incorporate them into your trading strategies.
  2. Regulatory prospects: exploring the rules and industry regulations that might affect traders and brokers.
  3. AI-powered market forecasting: using artificial intelligence to predict market movements.

The knowledge gained on these and many other topics will enable our company to more…

Following FBS: We’re Updating Our Rebate Payout Structure

By Admin in Company news

Dear valued traders and partners,

We wish to inform you about important upcoming changes to the structure of our rebate payouts for FBS. This decision comes as a direct response to the the new commission formula payouts by FBS.

Starting from August 1, 2023, our service will be implementing a revised rebate payout structure. This modification is necessary to align our operations with the new FBS commission structure, ensuring the continued sustainability and effectiveness of our service for all users.

We understand that these changes may raise questions. Our commitment to transparency and customer satisfaction remains unwavering during this transition. We aim to provide more…

Important Update: Introduction of Transfer Fees and Increase in Minimum Withdrawal Amount

By Admin in Company news 0 Comment

Dear Valued Traders,

We hope this message finds you well.

In light of recent changes introduced by Skrill, we are obliged to update our terms of service accordingly. Effective July 1, 2023, Skrill has increased user-to-user transfer rates for our service to 5.99%, with a minimum fee of no less than 5 Euros.

To adapt to this new financial landscape, Globe Gain will also be introducing transfer fees. Effective July 10th , a transfer fee of 3.5%, but no less than 5 USD, will be applicable on all transactions.

Furthermore, we regret to inform you that the minimum withdrawal amount is also being increased to more…