Which Investment Is Riskier Foreign Exchange Or Commodities Trading

finance trading

In the financial markets, there are several investment instruments that one can pursue, including the new world of crypto currency, altcoins and even ways to earn easy free bitcoins. However in this article we wil discuss a brief difference between foreign exchange and commodities trading.

Times have changed and the capital driven markets have increased in popularity in recent years. Its of essence to note that the majority of these investment instruments normally have some correlations with the market data such as sector indexes, currency prices, and commodity prices. Out of the investment opportunities available out there, foreign exchange trading and commodities trading are considered to be the most risky.

The foreign exchange market is more volatile than the commodities market. Generally, the movements witnessed in the moving averages and the Relative Strength Index (RSI) is larger in the forex market than in the commodities market. This is to say that the level of trading activity in the commodities market is not as much as in the forex market. A trader risking 30 pips in the forex market is likely to experience loss faster when the trade goes against his or her expectations, than they can transfer money into their account balance again with online banking.

The risk of trading in the commodities market is lower because the daily movement of prices does not tend to be much. For example, in a day, the price of gold may move by about 1-10 pips. Therefore, losing 10 pips or gaining the same amount of pips is not very risky. Lets take an example of EUR/USD currency pair in the forex market: the pair usually moves by about 50-150 pips per day. Thus, this increases the level of risk a trader is exposed to.

The movement of currencies in the foreign exchange market is determined by several factors, chief of which is the economic health of the country a particular currency represents. At one time a currency may be depreciating in value because of the release of some poor economic data, and moments later, the same currency may start appreciating because of some impressive data. As such, success in the forex market requires someone with an active personality who can stay up-to-date with the events in the world. On the other hand, the movement of commodities is not influenced by such many factors; therefore the risk of investing in them is much lower.

To this end, it goes without saying that investment in the foreign exchange market is riskier than investment in the commodities market. Apart from its many benefits, investment in the foreign exchange market is a considered to be a more risky choice of trading. Ofcourse the risk of trading in crypto currencies would be a interesting consideration to weigh against these 2 markets, according to cryptosource.net but that it as topic we wil take on in another article.

 

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Yes, accountants are worth the expense as they play a key role on determining either the growth of or the collapse of a company, especially since they deal with finances which is a factor in all companies. These roles include:

Bookkeeping

This refers to the process of balancing the financial records of a company, whereby there is a sensible profit to loss ratio. In the case of more profits made, then the business is developing successfully, however if the losses are more then serious action needs to taken in order to reverse such an outcome. It is therefore the responsibility of the accountant to analyze and understand financial records, as this is a key factor in all companies, to understand how exactly money is spent, on what, and in the case of debts or loans to ensure that money is received or paid back in good time. Through this they ensure that companies are moving in the right direction with Footprints Quickbooks Training, and most importantly growing.

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The main goal of a company is usually to make money, hence enabling growth and development. Money made however has to be taxed, and these taxed have to be filed on time and the required amount, failure to which there will be serious consequences, that if not addressed immediately could lead to the downfall of a company and if worse a length court case, and destroyed reputation. This is another responsibility of accountants, it is up to them to ensure that taxes have been filed and in good time. With growth of a company comes changes in how taxes are filed, therefore an accountant analyses and pays what is necessary. Being a professional at this, they cannot be taken advantage of and end up losing money as they fully understand the process of taxes, and of need be they know who to consult.

Audits

This is whereby the financial records over a required amount of time are analyzed and studied by professionals from taxation authoritiesor investigators in the case of suspecting criminal activities or tax evasion in a company. However audits are also recommended to be done annually by an accountant or an external accountant in other cases to ensure that the financial reports in a company are adding up and no illegal business in going on.
Therefore this ensures transparency in the financial dealings of a company’s and enables the heads of the company to fully understand how funds are utilized.

Legal Advise 

Companies sometimes tend to find themselves in problems with the law due to ignorance. Accountants offer legal advise, usually tax related or financial advise as they are more familiar with the law and can help curb a company from getting caught up and engaging in illegal deals. Hence the accountants are in a position to see through deals that might look good, but really are illegal dealings.

Future Planning

Proper planning leads to a successful business, and this is another issues that accountants play a key role in. This entails the results of the analysis done to the annual reports, and from this it is easy to see the direction the company is heading in. This also includes future investments and partnerships that a company hopes to initiate, the accountant gives their perspective, and thoughts whether the plans are risks worth taking or if not the case they table better alternatives that are discussed critically until the come to a consensus.

Payroll 

In every company the employees require to receive a month paycheck, and this yet again is the responsibility of the accountant. When it comes to a growing business, they help advise what is an appropriate amount for the employees, to ensure that they are not taken advantage of, but also that they are not paid too much that will lead to the collapse of the company. Therefore they help create a good balance of proper salaries in relation to amount earned in a company. More developed companies have to ensure the balance as well, and put that into consideration when advertising for vacancies of new opportunities, they salaries must be factored in. Along with this they need to ensure that payments are done on times, and everyone receives their salary.

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