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The Benefits of Progressive Cavity Pumps in your Dispensing Process
Progressive cavity pumps are ideal solutions for applications requiring a high level of dosing accuracy while minimizing shear on dispensed materials. By nature, progressive cavity pumps
operate in accordance with a positive displacement principle. Material flows through the valve as it progresses through fixed cavities created as a helical rotor turns. Since each cavity is
fixed, slight variations in material characteristics will not impact the volumetric displacement, making progressive cavity pumps highly accurate options for precise applications.To get more news about progressive cavity pump rotor, you can visit brysonpump.com official website.
As the rotor spins, it self-seals against a molded seal called a stator. The fact that the rotor seals is critical as it allows the pump to be widely used with low viscosity fluids without dripping. The rotor’s rate of rotation is controlled via a servo motor. The rate of rotation directly impacts the pump’s output creating a linear relationship between motor RPM and flow rate. For example, if you were to double the rotor’s RPM, you would in turn the double the flow rate of the pump. This relationship makes programming the pump or customizing your dispense volume very easy to accomplish.
One of the greatest advantages of progressive cavity pumps is that the dispensing process is continuous and pulse-free. Unlike piston pumps, a progressive cavity process does not need to recharge a metering chamber permitting limitless shot sizes. Further, the rotor-stator design principle and low inlet pressure (under 85 psi) result in very little shear on the chemistry. Low shear means minimal wear on the pump itself and the ability to process lightly filled or abrasive chemistries without damaging the material. The rotor and stator can also be made of various materials. When processing abrasive fluids, it is common to utilize a carbide rotor to assure longer pump life.
Progressive cavity pumps can be utilized in single or dual-component applications. Their ability to accurately dose small quantities of material makes them ideal choices for difficult-to-process 2K applications with wide mix ratios. Again, with equivalent displacement pumps in operation, you can easily program and tweak a mix ratio by altering the rotor RPM speed. At a 1:1 ratio, both pumps would run at the same motor speed. At a 2:1 ratio, component A’s pump would run twice as fast as pump B.
Common applications for progressive cavity pumps are precision bead dispensing, encapsulation, and conductive greases or thermal interface materials. If progressive cavity pumps have a downside, it is in their limited flow rates. Having a full line of pumps that feature a wide range of rotor displacements is a must for flexibility. Even though progressive cavity pumps are a continuous flow process, a pump with a mismatched flow rate can lead to a significantly longer lead time than is necessary. Consult your dispensing professional to assure the progressive cavity pump selected for your application is optimized across all necessary dispensing processes.
Hybrid work accelerates demand for smart security devices
Individual homeowners and residential property developers are increasingly opting for Internet of Things (IoT)-based security devices as employees start to return to their offices following the easing of the pandemic.These security devices include smart cameras for real-time tracking, smart locks that can be unlocked with fingerprints, and smart video doorbells that can let the homeowner use a smartphone app to watch and talk with a visitor using the doorbell’s built-in camera and microphone.To get more news about smart home security products, you can visit securamsys.com official website.
“There is a growing awareness and need for smart home security devices, especially smart home security cameras, in the Indian market. Despite the economic uncertainty, the smart home security camera market has witnessed 8% YoY (year-on-year) growth in H1 2022," said Debasish Jana, a market analyst at International Data Corporation (IDC) India.
According to IDC, 700,000 smart home security cameras were shipped in India in the first nine months of this year.
Industry experts attributed the strong interest in the smart home security segment to the post-covid shift to hybrid work.
According to them, many working professionals are using smart cameras and smart doorbells for convenience and also for the safety of the elderly and children at home.
“Over the past year, the smart home security camera market has witnessed an uptick in terms of growth and adoption. Driven by the hybrid working environments, ease of use, availability of smart features, and affordability, the category has witnessed an increasing demand, with consumers looking for an all-around home protection solution," said Anuj Sharma, chief marketing officer at Xiaomi India.The demand for smart surveillance products has seen an increase in the residential real estate market, primarily due to the number of residential units being made available after covid, which were on hold during the pandemic," said Pushkar Gokhale, Business Head, Godrej Security Solutions.Property developers such as L&T Realty said they are offering smart locks and video door phones in residential projects.
Though smart cameras are the most sought-after product in the home security segment, smart doorbells and smart locks are also seeing interest.
For instance, Godrej Locks has seen the number of residential property developers buying digital locks grow from 18% to 30% of its customer base in the last two years, said Shyam Motwani, business head. “More and more customers are looking for keyless solutions," he added.After covid-19, we saw demand for smart cameras. This year we are seeing interest in smart door locks. Awareness about these products has also gone up among home users. As fiberization picks up and more homes switch to fiber networks and with the coming of 5G, surveillance is one of the segments that is expected to see a lot of growth," said Faisal Kawoosa, chief analyst at TechARC, a market research firm.
Gokhale pointed out that ease of installation and easier product availability on e-commerce sites are some of the key growth drivers in this segment. “These products are also easy to install and configure thus removing any dependence on system integrators for the deployment of security systems," he added.
Intelligent MCAD data and process management accelerates innovations
If your developers manage their design data in a PLM system, they will be more productive in many areas than with a file-based system. On top of this, an intelligent CAD PDM/PLM connector takes over routine work, controls your engineering processes and automates them where required.To get more news about mechanical cad, you can visit shine news official website.
Do your designers use different CAD systems at several locations? No problem. The connector combines all product and variant-describing information centrally and consistently in a data model tailored to your needs. The templates, test routines and automatisms contained therein guarantee standardised procedures and secure data handling, always from within the familiar CAD environment.
High-performance data transfers are always guaranteed, because even very large assemblies with >50,000 components are quickly loaded and saved. The collaboration management controls the collaboration of several users working on one model.
You can reinforce these positive effects on your innovation cycles by digitising the exchange of information with your other software solutions, for example for simulation and QA or with company systems such as ERP and MRP. The connectors generate all relevant data. This also works if you operate your PLM in the cloud.
Mechanical construction without routine tasks
Before a model is loaded, a search is performed. In contrast to server-based data management, the engineering-compatible search mechanisms of the CAD-PLM connectors deliver fast results, especially when the models and drawings are classified. PLM supports all MCAD objects, including in WIP status.
With large models, the file cache optimises the download. The configuration manager built into the interface offers the options "as saved", "as released" and "current" when loading. In addition, finished designs can be inserted directly from PLM into the model to be edited.
When saving CAD data, the connector receives the product's complete structure. The file is given a unique name according to your conventions. At the same time, it assigns the CAD documents material master data and a parts list. Version control prevents the accidental overwriting of existing data.
During saving, the connector triggers defined processes, for example the generation of NC files or the conversion of CAD data into any desired neutral format, individually or as a collective file, immediately or in a time-controlled batch. This means that the templates stored in the data model define which information a data package should contain.
The connector also automatically generates parts lists when a project is saved and does so in different formats. Included are a single-level, a structure and variant parts list as well as one for spare and wear parts. They can be configured for perfect results, i.e. parts can be excluded from the parts list or added manually. Data sources are either the 3D model structure or the parts list tables in drawings.
What Is Robots As A Service (RaaS)?
Since the dawn of the Industrial Revolution, manufacturers have been searching for methods of automation that maximize production and minimize cost. Often, this means installing robots at every step of the production process, from fabrication to distribution. However, as technology becomes more sophisticated and markets change on a whim, purchasing new robots at the start of every new technological advancement can be a pricey investment — with no strict guarantee on return.To get more news about Robots on Demand, you can visit glprobotics.com official website.
That is where Robots-as-a-Service (RaaS) enters the picture. Read on to explore what RaaS is and how it can benefit an entire warehouse operation with minimal upfront cost.
Subscriptions: an Alternative to Purchasing
It’s no secret that, in an economy dominated by ecommerce, distribution and fulfillment take a high level of creative genius. Innovation must occur every year to keep up with demand and stay ahead of the inevitable supply chain issues.
This is why software-as-a-service (SaaS) has skyrocketed in popularity in recent years. SaaS utilizes the cloud delivery model of distribution for updating software programs.
In most SaaS models, a software provider will allot access to single copies of an application specifically designed for SaaS distribution and usage to a customer. As updates to this software program are implemented, they are simultaneously updated in each customer’s individual application. The customers, in turn, pay monthly or annual subscription fees for these updates. Basically, it is a subscription to a software application.
The appeal for such a service lies in the reasons that subscriptions in other areas are popular, such as entertainment. They are cheaper than buying programs individually, require less maintenance work than storing each program on a local server, and they offer simple ways to update as bugs are fixed, and additional features are added.
From Software to Hardware
Moving from SaaS products to RaaS has been a long road in the warehouse industry.
As with most things, money is the harbinger of change in how warehouses select machines to be purchased and installed. As previously mentioned, with each passing year, it gets more difficult to remain ahead of the latest technological trends and advancements and still break even at the end of the fiscal year, never mind make a profit. After all, with robots ranging in price from $30,000 to $150,000 per machine, it may take time to witness a significant return on investment — time that ultimately contains more progress and newer technologies.
To combat the seemingly instant obsolescence of new machines, some warehouses have turned to multi-robot orchestration, in which robots from multiple vendors are utilized in the same process. This helps some operations cut costs and decide how efficiency can best be improved in their specific circumstances.
Even with these money-saving strategies, robots require updates and replacements at extremely high rates these days. This puts warehouse owners right back at square one, juggling budgets and goals to ensure that there is still a profit from their robots at the end of the day. With cloud-based updates and other cloud services, you can utilize a closed-loop system to securely update your machines when needed from a single source, limiting downtime, and increasing efficiency.
1 PrimeOption Scam Review
Established in 2017, PrimeOption is a Binary Options broker offering its online services in English and Russian. The PrimeOption brand is owned and operated by a UK company, Oracle Stone Ltd under license from the International Financial Services Commission in Belize. The company was set up by professionals with experience in derivates, Forex and risk management using ‘up to date and advanced technologies’.To get more news about 1prime options review, you can visit wikifx.com official website.
We contacted the support in 2020 and never got a reply on any of our emails. We do not suggest trading with a broker that doesn’t have capacity to reply emails. It could also be an indicator that 1PrimeOption has ceased its operations.
Currently, traders registering an account at PrimeOption may claim a 100% bonus on the initial deposit subject to terms and conditions detailed in the bonus offer. Significantly, traders at PrimeOption do not require previous experience to begin trading on the 100% web-based platform. Access to extensive educational training on the trading platform including assistance from professional brokers, equips traders with knowledge to become successful.
Bonus Terms and Conditions
Before bonus and profits can be withdrawn from the trading account, the trader needs to execute a trading volume of at least 40X the amount of bonus money received. Notably, the terms must be fulfilled in the time specified in the promotional offer. Moreover, should the trader attempt to cash out the bonus and profits without fulfilling the bonus trading requirements, the bonus and profits are removed from the traders account.
Account/Trader Types
Binary Options is a derivative financial instrument with fixed income and risk. To trade binary options, traders must decide whether the price of an underlying asset will go up or down during the life of the option. If the decision is incorrect, the trader loses 100% of the investment. However, when the decision is correct, the trader can get up to 90% profit on the investment. To trade Binary Options, traders at PrimeOptions can choose from four trader types: New, Bronze, Gold and Platinum. Moreover, there are no hidden fees or commissions.
New Trader
This is the very limited PrimeOption account with one on one basic training, access to the basic education centre and the trading dashboard. A minimum deposit amount is not indicated on the website.
Bronze Trader
To set up a Bronze trader account, customers must deposit between $450 and $1,499. A personal account manager is made available to Bronze traders and one on one basic training is given. Traders have access to the basic education centre and a limited trading dashboard with limited signals. We consider this a poor package relative to the deposit requirements.
Gold Trader
The deposit for registering a Gold Trader account is from $1500 up to $1,999. With the Gold account, traders get one on one basic training, a personal account manager and access to the entire education centre. Significantly, traders get to use the unlimited 365 trading dashboard and receive full trading signals.
Platinum Trader
To open a Platinum Trader account, a deposit of between $2,000 and $5,000 is required. The Platinum account gives traders all the advantages of the Gold Trader account PLUS one on one training by a professional trader.
KOT4X Review – Is It A White-label Scam Broker?
KOT4XOpens in a new tab.or King of Transparency is a fairly young unregulated CFD broker which was established in 2018. Customers can use this to trade in contracts for differences with forex and cryptocurrency markets. It uses the MetaTrader Platform to provide customers access to a variety of different markets, including trading in cryptocurrency.To get more news about kot4x review, you can visit wikifx.com official website.
When you deposit money into your customer account, it is actually kept separate from all the other money. This makes it easy to identify which money belongs to who. This also provides you protection since should KOT4X have to close down for any reason, the funds cannot be used to repay creditors.
One very attractive feature of the site is that the accounts make full use of 2-factor authentication, this extra level of security helps to prevent unauthorized access. It’s worth taking a few extra minutes to enable two-factor authentication. This can be done either using SMS text messages, or app messages through the mobile client. After entering your password to sign in, you simply have to copy a code from your phone’s screen.
KOT4X has not been approved by any recognized financial bodies, and this means that it is unregulated. It is very difficult to recommend an unregulated broker since there are few reasons to use one. It would be much safer to deal with a fully regulated and licensed broker. According to their website, they are currently going through the process of getting themselves regulated. If and when this happens we will review our advice accordingly. There are many regulated brokers offering great trading conditions such as IC MarketsOpens in a new tab.and Blueberry MarketsOpens in a new tab., so it’s worth considering your options.
When depositing money into your KOT4X account you must deposit at least $20 when paying with bitcoin. However, there is no maximum amount If you plan on funding your account with a credit or debit card through the third party platforms, then the minimum funding amount will be considerably higher, this starts at $25 depending on the platform.
The leverage offered by KOT4XOpens in a new tab.is very flexible, depending on the trades and account type you have signed up to this can range from 1:50 – 1:500. KOT4X Spreads are pretty competitive which can be as low as 0.8. This can make trades even more profitable.
The commission charged by KOT4X is generally very low at $7 per trade for standard and Pro accounts. It’s also possible to register for a commission-free var account. It’s worth pointing out that although there are no fees for depositing or withdrawing funds, you may be charged by third-party platforms to convert to and from Bitcoin.
Should you have issues with your account or the services offered by KOT4X then you will need to contact customer support. KOT4X offers plenty of ways to get in touch. Live web chat, contact form on the website, or by email. It is worth noting that there’s no phone support, and there’s no office address listed on the website. This is typically quite worrying but still common with offshore brokers – it’s definitely worth baring in mind.
Kings of Transparency uses the MetaTrader 4 platformOpens in a new tab., this is used by many of the other online brokers. This means that you’re getting access to one of the best and most user-friendly trading platforms around. There are lots of tools that make it easy for everyone to use – even beginners.
KOT4X only accepts payments in Bitcoin (BTC). If you want to pay with a credit or debit card you will first have to buy some BitCoin, this does make it somewhat inconvenient if you don’t already own bitcoin. Withdrawals can also only be done in Bitcoin. This is a problem for some traders as other brokers on our top brokers listOpens in a new tab.offer a huge range more options, but bitcoin transactions do of course have their perks compared to usual transactions.
KOT4X seems to be the broker of choice, or potentially even affiliated with Cue Banks. Cue Banks is the owner of Wall Street Academy,Opens in a new tab.a forex trading education course and has made a name for himself within the InstagramOpens in a new tab.and YouTubeOpens in a new tab.trading circles due to his large social media following. Cue’s coverage of the broker has made new traders flock to the company, but it’s very much worth considering the lack of regulation, offshore nature of the company and the lack of physical address offered – these are all high risk and make the broker a very high risk.
An Honest Review of Athens, Greece
After this last trip, I feel like this blog will be renamed, Man flying to Greece, because I have so much information to share. Spending tens days in the country, with four in Athens, Greece (6 in Santorini) I saw a lot in the relatively short time we were there. The Holiday Paradox was in full effect, because it was like my wife and I had been gone for months. Greece is an amazing place and surprised me on many levels. I didn’t realize just how much I would love the country. Yes, as usual, I ate my way through it, leaving octopus fleeing for their lives. In many Greek restaurants in Athens there were warning posters of me. I ate a ton of food in Athens, Greece, but the country has a lot more to offer than just great food.To get more news about athens review, you can visit wikifx.com official website.
Athens was interesting, intriguing and often awe-inspiring, as it seemed to encompass a lot of the best and worst aspects of many other cities. It felt foreign, yet comfortable and familiar. I tried to see as much as I could in the first four days I was there (and the last night). I strapped on my cargo shorts and fanny pack and walked around like a tourist (actually I wore neither of these things). I wanted to hit as much of the city on foot as possible to get a feel for it. First things first…I had to eat.
There is only one (hyphenated) word I would use to describe the food in Athens, that is mother !#@!@ delicious. The other word I would use is “fresh.” The fish were so newly caught their families didn’t even know they were missing yet. We only ate at Greek Restaurants in Athens, Greece…you don’t go to the beach to snowboard. Therefore, we weren’t going to any Italian, English or American establishments in Greece. Once again, I am going to whip out my soap box: who are these people eating pizza or McDonald in Greece. I guess if you have eaten so much calamari that you’re growing a tentacle you might need to deviate, but not me.
The realization of how fresh the food was started with the first meal at the restaurant Atlantikos in Athens. After being starved and deprived of water by British Airways we arrived at this literal hole in the wall, tucked away in an alley. The small menu had almost nothing on it but seafood. We were warned that the liter of wine and numerous requests might be too much. The owner didn’t know how hungry we were for real seafood. Everything we ate was amazing. I particularly enjoyed the sardines, something we just can’t seem to get right here in the United States.
The freshness of the food made it a pleasure to eat daily. I hit all the obvious things, starting with a Greek salad (news flash: it does not contain lettuce) at every meal, lamb and tons of seafood. I also had rabbit, trout and as many other species as I could get into my mouth.
Athens Central Meat and Fish Market encompassed all the best qualities of the food. With meat and fish being peddled by what seemed like hundreds of vendors. It was clear from the look and taste that these creatures were gleefully living hours earlier. I had shrimp that followed the correct path, from the sea, to the market, to the grill, to my mouth in the time span of a few hours.
The fruit was so fresh it was as if it was grown in my mouth (I may or may not have plucked fruit from a tree..). The vegetables had the same taste. I feel like I finally understood what produce was suppose to taste like. Overall, I will be updating my post for the best cities for foodies. Greek food jumped to the top of my list, and there wasn’t even a slice of pizza to be had.
The people of Greece, for the most part, were some of the nicest, most helpful people I have encountered in the world. It was like I received all the smiles of those in Istanbul, without ending up in a lamp shop. In Athens, Greece we stayed at the Athens Status Suites, where Ellenia who worked the front desk was wonderful and incredibly accommodating, offering advice, anecdotes, flowers in the room and a warm welcome at every encounter.
When we switched locations staying at the Athina Luxury Suites in Santorini; the hotel manager Sara was also amazing, as was the rest of the staff. I am from New York, when I go back to stay at hotels there, I feel blessed that the staff didn’t spit on me.
Restaurants were also more than accommodating. We visited one (the only one I saw) inside the fish market, to our disappointment he didn’t have fresh calamari on the menu. Instead of just being happy we ordered, he literally disappeared to the market and brought back a squid the size of a cat that he was happy to grill for us. That kind of service was shown throughout Greece. Athens, Greece (along with the rest of the country) is possibly the most welcoming area I have ever traveled.
CJC Markets Review: Forex Broker Scam
CJC Markets (Cjcmarkets.com) is a CFDs and Forex broker scam that’s stealing from anyone who signs up. CJCMarkets is claiming to offer smart trading every time. What this broker is purporting is delivering highly reliable and easy to use platform. CJC MARKETS is purporting to offer excellent services and a wide range of trading products. With these claims, we decide to investigate and know more. Here’s the full CJC Markets Review.To get more news about cjc markets review, you can visit wikifx.com official website.
Always keep in mind that for a comfortable and easy trading experience, dependable brokers are a must have. Get the right trading moves from the horse’s mouth thanks to unfailing Forex brokers. Reliable Forex brokers are a fail-safe who will keep users protected at all times. Sign up with a responsible broker who is proven to be stable and solid. This is a reliable friend when it comes to Forex trading. Make the right move today and enjoy the benefits of trading.
Competitive pricing, friendly and secure trading platform are what makes users sign up with this platform. Always ask yourself, is this true? Will this broker really come through with their claims and promises? Lately, there has been a surge of Forex scams and this should be a concern for all investors. Sadly, CJC Markets is no different as this broker is filled with lies and tricks that fool investors. Read on to find the dirty tricks used by this shameful broker.
Making money is all what everyone wants in any type of investment; these scammers take advantage of this need. What they do is come up with a website that’s easy to use and post almost genuine claims and promises. It’s hard for newbie traders not to spot the tricks used by scammers. Problem with Forex scams is that most use the same tactics to lure investors into signing up. CJCMarkets is no different as they have used the same bag of tricks.
Who Owns CJC Markets?
When it comes to ownership of this platform, there are no clear details as to the people behind it. What this means is that users are depositing money to an unknown entity. Disclaimer at the bottom of the page claims that this platform is owned by Carrick Just Capital Markets Limited. Scammers will do or say anything to make their platform appear legit. This broker has cloned the actual Carrick Markets Company to try and legitimize themselves.
Financial Markets Authority of New Zealand, where this broker claims to be registered, tells it all. This broker is not owned by the above company. This means that we are dealing with a rogue Forex broker. In most cases, these are professional scam artists who have made millions by scamming people. Use of false information is what makes them appear legit. Anonymity is their tool of trade and investors should be wary of anonymous brokers. CJC Markets is one of them.
As we said earlier, scammers will do or say anything, including posting fake credentials. Disclaimer at the bottom of their homepage states that this broker is registered by Financial Markets Authority. Doing a quick search on the Financial Markets Authority’s homepage, shocking details emerge. Results clearly reveal that there’s no company licensed or registered under CJC Markets name.
It means that CJCMARKETS is conducting Forex transactions illegally. Anyone who signs up is an accessory to Forex crime and traders should stay away from this broker. Lack of registration credentials is proof we are dealing with a scam.
Documents page has no licensing or regulation documents as one would expect from a real broker. It means that users cannot verify using certificates to know the legitimacy of this broker. Lack of these vital documents is proof we are dealing with another shameful Forex scam platform.
Bull Sphere Review
This broker offers its clients two of the most popular forex trading platforms: the industry’s standard MetaTrader 4 (MT4), and cTrader, developed by Spotware especially for ECN trading.To get more news about bull sphere review, you can visit wikifx.com official website.
The MT4 is preferred by most traders, because it is user-friendly and reliable, supports automated strategies, and offers advanced charting with a number if build-in technical analysis tools. cTrader also has a large set of advanced charting and market analysis tools, such as a number of chart timeframes, technical indicators, trend lines, Fibonacci levels, market depth, etc.
As we mentioned in the beginning, the trading conditions offered by Bull Sphere are overall attractive. The minimum initial deposit is just $10, and the maximum leverage provided to clients is as high as 1:1000, so even the most aggressive traders will be well-suited. Besides, the spreads announced on almost all accounts seem good, and we found demo ones as low as 0.1 pips on EUR/USD, with a commission of around $9 charged per standard lot round turn.
That being said, note that the trading costs are not as important as the security of your funds, which depends on whether the broker holds a license from a reputable financial agency. So, you’d better check out the spreads of some leading regulated forex brokerages.
The corporate information on Bull Sphere’s website is rather scarce. It only features the supposed name of the company behind the brand, Bull Sphere Global Limited. There is no contact number, no address, and no mention whatsoever of regulation, so we can safely conclude that this broker is not regulated, which a major red flag.
The missing regulation brings together with it uncertainty regarding the most crucial aspect of a brokerage – the safety of the clients’ funds. Also, brokers that don’t hold a legit forex license are not entitled to operate on any regulated financial market, such as the EU, US, Canada, Japan, etc.
Only cards & bank wire
Another disadvantage of Bull Sphere, although not a major one, is that this broker supports only bank wire and cards (debit or credit) as payment methods. So, it’s clients are not able to use PayPal, Skrill, nor other popular e-payment systems.
Not that many CFDs
When we tried out Bull Sphere’s MT4 in demo mode there were around 50 forex pairs available for trade, as well as CFDs on silver, gold, and oil. Most broker offer more currency pairs and wider range of CFDs, also including stocks, indices and cryptocurrencies like Bitcoin. If you are keen on trading the cryptocurrency markets, we have drawn up a list of some brokers offering Bitcoin CFDs which are reliable and recommended.
Although we listed a few advantages of Bull Sphere, they are definitely overshadowed by the fact that the broker is not regulated and has not shared with potential clients important details such as the company’s headquarters.
Basically, when trading with such a broker, your entire investment is at risk and it is very likely that you won’t be able to withdraw anything. In contrast, when dealing with a licensed broker, you will be assured a certain level of protection.
For example, UK’s Financial Conduct Authority (FCA) requires frequent reporting on activities and enforces a lot of rules. When looking at it from a security of funds perspective, the most important ones are the following: segregation of client accounts, and the coverage of the FSCS compensation scheme, which guarantees clients’ trading capital against broker bankruptcy. So, if you trade with an FCA-regulated broker which happens to become insolvent, you will be able to claim 90% of your account value, up to £85,000 from the FSCS.
page title icon BLUFX REVIEW – RULES, PROS, CONS & PROMOS (2023)
BluFX offers instant funding of up to $100,000 for forex traders, loose trading parameters, and incredibly simple rules. If you’re not based in the US, you can join BluFX at one of the most popular prop firms in the world.To get more news about blufx review, you can visit wikifx.com official website.
As much as I love BluFx, they have had some recent issues that give me pause. In December they lost their liquidity provider and traders were unable to execute trades for nearly three weeks. Everything seems back to normal, but until we’re certain it might be a good time to look at other great prop firms.
Who should sign up with BluFX?
If forex trading is your specialty and you want a funded account with up to $50K in trading capital, BluFX will get you trading as fast as any prop firm in the world. There’s no evaluation, no demo accounts. As soon as your identity is verified and you’ve made your first payment, you’ll be trading a real account with real cash in the real market.
Most traders who sign up with BluFX do so because they love how quickly they get funded, but BluFX is also ideal for traders looking for a long term partnership. BluFX quickly promotes skilled traders, and in just four stages a trader with a Pro Account can become a fund manager with $1 million in capital.
BluFX is also ideal for those who value simplicity. There’s a 10% max drawdown, but that’s the only trading parameter. You don’t have to worry about daily loss limits or complicated trailing drawdowns calculations. Just don’t lose more than 10% of your initial balance. BluFX keeps traders in the game and gives them more of a chance to prove their abilities than most prop firms.
Finally, if you have trading experience and know your way around trading platforms but haven’t yet had a funded account, BluFX is a great place to start. They are among the most popular, trustworthy prop firms in the world.
Who should NOT sign up with BluFX?
If you’re a novice trader who doesn’t understand the fundamentals of forex trading yet, you should consider a prop firm with more education resources or further educate yourself before signing up with BluFX.
Although BluFX has a good trading support team to guide you through any problems you may encounter, they do not offer any sort of beginner level education for brand new traders. Learn the forex market first, then sign up with BluFX.
BluFX was founded by Yu Song, who wanted to give the best traders access to capital regardless of their financial or socioeconomic backgrounds. His motives weren’t completely altruistic, of course. Many traders have obtained $1 million accounts with BluFX and have split their profits with the company every step of the way.
In the 10 years since Yu Song started BluFX they have funded more than 20,000 traders in 140 different countries. Traders funded by BluFX make $800 million worth of trades every single day.
How does BluFX work?
BluFX works a lot like any prop firm that offers funded accounts, although BluFX tends to keep things much simpler than most of their competitors. Most prop firms make things so complicated that this is usually one of the longest sections of my reviews, but with BluFX, the explanation is simple.
Sign up, and choose an account size between $10,000 up to $100,000. Make the first of your monthly subscription payments and send the necessary documentation. In as little as a few hours (although more realistically a few days, depending on how long it takes to verify your documents) BluFX will send you the log in on the ctrader trading platform for a funded account with $25,000 or $50,000. Start trading.
Whatever profits you make will be split 50/50 with BluFX. After you’ve made more than 5%, you can start to withdraw your share of your profits. Or you can keep your profits in the account and trade them as well. If you have a Pro Account, after you’ve gained more than 10%, BluFX will give you more capital to trade. Keep making money, and they’ll keep giving you more.
