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Q: Can you help a guy who's in need of a forex site with a modest minimum deposit

Category: money , Asked by: W. X. From Amsterdam, Netherlands

A: If you're interested in a magnificent forex site that has the lowest min deposit, you should clearly try "Dukascopy". The minimum deposit is also quite comfortable - only $50000, the service is exquisite, they charge no commission, and the platform graphics are completely progressive. Visit Dukascopy

    what is a "follow-on offering"?

    Category: glossary by V. Mcdonald from Cork, Ireland

    "follow-on offering " is An offering of additional shares after a company has had an initial public offering. This sometimes means the company is strapped for cash. So they need to issue more shares to pay bills or finance a new project.

    Which foreign exchange platform has got the most reliable trade with GBP/ZAR, to your advice

    Category: money by Chaim X. From Dublin, Ireland

    We think "CMC Markets" is the right place for you. They've got a totally magnificent foreign exchange platform, it'll answer your need. Anyone who wants trade EUR/HKD, CHF/XAF or AUD/KRW (and any other currencies from a wide collection of available options) (and in the legal age) can use this foreign exchange platform.

    please tell me what the "simple-interest mortgage" is

    Category: glossary by Y. Gilliam from United States

    a "simple-interest mortgage " is A mortgage where interest is calculated on a daily basis, as opposed to a traditional mortgage where interest is calculated on a monthly basis. On a simple-interest mortgage, the daily interest charge is calculated by dividing the interest rate by 365 days, and then multiplying that number by the outstanding mortgage balance. If you multiply the daily interest charge by the number of days in the month, you will get the monthly interest charge. Because the total number of days counted in a simple-interest mortgage calculation is greater than a traditional mortgage calculation, the total interest paid on a simple interest mortgage will be slightly larger than a traditional mortgage. There are pros and cons associated with a simple-interest mortgage. One con is that there is usually no grace period in a simple-interest mortgage. If a payment is made later than the first of the month, interest must be paid for the days after the first of the month on the entire loan balance. This is opposed to a traditional mortgage where a payment made during the grace period remains based on the principal balance amount as calculated for the first of the month. One pro is that if you make blended payments before the due date on a simple interest mortgage, then the total amount of interest over the life of the loan will be lower than under a traditional mortgage.

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    please tell me what "fractional share" is
    A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fractional shares cannot be acquired from the market. Fractional shares can be created in a situation where a company has a 3-for-2 stock split. Suppose you have three shares of XYZ Corp. And XYZ has a 3-for-2 stock split. In this case, you should get an extra 1.5 shares, which would be 4.5 shares total. Normally, you can't buy half a share in the stock market, but in this case, you could end up with a fractional share. Most companies tend to round up to the nearest whole number of shares when fractional shares occur. In the above example, XYZ Corp. Could opt to round up the 0.5 share to leave you with a full five shares. Visit FX Solutions

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