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Forex Trading

10 Best Forex Trading Apps in South Africa ️Updated 2025*

worldtradexFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Furthermore, your funds will always be held in segregated accounts with top-tier banks when you trade with worldtradexFX. This means that no matter the financial situation of the broker, your funds will always be safe. Overall great value with a choice of more than 70 assets to trade. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, worldtradexFX would be a top choice.

How does worldtradex make money?

This ensures that traders get the most value out of their funds when transferring money in and out of their trading accounts. Since its establishment in 2011, worldtradexFX has been a prominent name in the Forex trading industry. Many users recognize it for its easy-to-use platforms and good trading conditions. Finally, worldtradex offers free educational resources such as articles and video tutorials. For more experienced traders, worldtradex provides advanced analytical tools, including charting capabilities and various technical indicators.

worldtradexFX Fact sheet

For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature Worldtradex is not yet available when looking at the Master Rating results page. worldtradex offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. worldtradex (formerly worldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.

worldtradex is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled worldtradex to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. worldtradex offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if worldtradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.

Throughout this worldtradexFX broker review, we discovered the variety of financial instruments that you can trade with a reasonable spread in each security. The limited trading options and platforms can be a good choice for new traders, and it makes the website simple to navigate and trade. worldtradexFX broker offers you the most commonly traded commodities to ensure high liquidity and minimum slippage time. Commodity traders can use low spread ranges that differ between commodities, as each product operates under different market circumstances.

Compare the platforms’ features to find the one that is right  for you. Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch. With features like advanced charting tools, educational resources, and 24/7 customer support, JustMarkets aims to provide a comprehensive trading experience. Some of the best forex trading apps in India include Zerodha Kite, Upstox, and Angel One for their user-friendly interfaces and strong features.

Trader-focusedplatform

worldtradex has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. Use our country selector tool to view available brokers in your country. With this knowledge, we created our platform to help you make money through smart and well-controlled investments.

Without the broker breaking down all fees upfront, traders can’t estimate their risk appetite or manage their wealth effectively. worldtradex offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based worldtradexTrader platform is a beginner-friendly and convenient alternative. The broker offers a selection of 250 CFDs across major asset classes, along with access to MetaTrader 4, MetaTrader 5, and its proprietary worldtradexTrader.

Non-disclosure of important information by service providers can significantly harm clients, often leading to financial loss and poor decision-making. When key facts are withheld or not communicated clearly enough, clients are left operating without a clear understanding of the risks or obligations involved. By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically.

easyMarkets

There’s a very small learning curve with the brokers, which is something we love. Clients will also find good market analysis tools with FBS, which is key for making informed decisions. We also appreciate that FBS offers an expert advisor add-on service. This is a benefit that both novices and more experienced traders can benefit from.

  • worldtradexFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics.
  • These labels denote some milestone that the Master Traders have reached, although their performance and results can vary.
  • Founded in 2011, worldtradex has built a substantial global presence over its years of operation.
  • The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.

What’s more, you can send the broker an email, call or request a phone call. Offering outstanding customer support is vitally important for any organization that provides services to a large pool of customers. worldtradexFX understands this simple truth and provides clients with a professional and friendly team of customer service specialists. Finally, choose the type of account you are interested in, you can start with the demo account to start practicing, and once you are ready you can switch it to a real trading account. Your worldtradexFX demo trading account expires after a certain period of inactivity. Depending on the trading platform you have chosen for the demo account, you have different expiration dates.

TradingView

Due to the low minimum deposit, having a free demo account, and a trading academy, it targets all categories of traders. Known for its competitive spreads and user-friendly interface, JustMarkets caters to beginner and experienced traders. MetaTrader 4 (MT4) is generally considered the most popular Forex trading app, especially among experienced traders. The best forex trading app for beginners in India is Zerodha Kite, due to its simple interface and educational resources. Enjoy tight spreads starting from just 0.5 pips, zero commissions on most trades, and swap-free options for those avoiding overnight charges.

Traders with worldtradexFX MT4 accounts are subject to overnight swaps if a Forex market position is left active until the next day. There are various fees that you will experience while trading with worldtradexFX, these charges can be a huge reason for decreasing your returns from trading. If the broker imposes a lot of commissions, you will end up paying more than what you have earned from each trading session.

  • worldtradex was founded in 2011 and has since become a global forex broker.
  • Besides the MetaTrader platform, there is also worldtradex’s proprietary platform called worldtradexTrader.
  • My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.
  • Meet MetaTrader 5 (MT5), a powerful and modern trading platform developed by MetaQuotes Software.

worldtradex affirms that, in accordance with international regulatory standards, it uses separate accounts to keep traders’ funds segregated from the company’s balance sheets. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages. The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app. worldtradex offers negative balance protection, which means that if a market slippage results in a negative balance, worldtradex will adjust the balance to zero. This feature ensures that traders cannot lose more than their initial investment. A few minutes after submitting the withdrawal, we received a confirmation email.

The availability of demo accounts on both platforms further supports traders in mastering their skills before entering live markets. The FBS mobile app gives you full control with TradingView-powered charts, easy order management, and 24/7 live chat—all from your phone. It’s one of the top forex trading apps for traders who want flexibility and power in one place. One of the best things about worldtradexFX is its promise of good currency conversion rates.

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Bookkeeping

How to Record Prepaid Rent Journal Entry: A Step-by-Step Guide

prepaid rent

This advance payment is common in lease agreements and requires specific accounting treatment. Similar to the treatment of prepaid rent, under ASC 842 the accruals are recorded to the ROU asset instead of a separate accrued rent account. In the case of a rent accrual, the company records the rent expense but the payment is not yet due. Consistent with the matching principle of accounting, when the rent period does occur, the tenant will relieve the asset and record the expense. A typical scenario with prepaid rent is mailing the rent check early so the landlord receives it by the due date.

Reporting Prepaid Rent in Financial Statements

prepaid rent

That is why the company needs to make the January 31 adjusting entry above by increasing $2,500 in an expense account (rent expense) and decreasing $2,500 in an asset account (prepaid rent). As previously stated, a prepaid can be listed as an asset or a liability on the balance sheet. When reviewing this line item, it’s important to substantiate the balance with source documents. This could include bank statements, billing statements and other documentation, to assure the advance payment balance is complete and accurate. Under ASC 842, prepaid rent is http://www.librus.ru/ekonomika-bisnes-upravlenie/upravlenie-organizatsiey/43622-the-controllers-function-the-work-of-the-managerial-accountant-3rd-edition.html now included in the ROU asset instead of being accounted for in a separate Balance Sheet account.

Prepaid Rent On The Balance Sheet

The pre paid rent account is a balance sheet account shown under the heading of current assets. The reporting of prepaid rent in financial statements is a reflection of a company’s strategic financial planning and its commitment to transparency. In the balance sheet, prepaid rent is presented under current assets, indicating that the company expects to utilize the rental benefits within the next year.

An example of accounting for variable/contingent rent

If it is refundable at the end of the lease, then it’s http://neurologystatus.ru/en/what-people-say-about-the-excision-of-the-anal-fissure-very-rare-but-dangerous-causes-of-anal-fissures.html not prepaid rent and should be regarded simply as a balance sheet item. For example, on December 28, 2020, the company ABC makes an advance payment of $5,000 to use a rental facility for two months in January and February 2021 for its business operation. However, similar to prepaid insurance, the prepaid rent will expire through the passage of time.

Rent Accounting for ASC 842: Prepaid Rent, Journal Entries, and More

prepaid rent

If the lease agreement defines the rent payments as contingent upon a performance or usage but also includes a minimum threshold, the minimum is used in the calculation of the lease liability. Because of the inclusion of the minimum threshold, the lessee has a commitment to pay at least the lower amount regardless of actual performance or usage. While some variability exists in the outcome of the calculation, the minimum amount is fixed. In a scenario with escalating lease payments, the average expense recorded is more than the lower payments at the beginning of the lease term. Eventually, the lease payments increase to be greater than the straight-line rent expense. In the case of the rent abatement above, the company begins paying rent but the payments are larger than the average rent expense which includes the abatement period.

  • The proper handling of these transactions ensures accuracy in financial reporting and compliance with accounting standards.
  • This is done through an amortization entry that reduces the prepaid rent account and records the rent expense for that month.
  • Prepaid rent refers to payments made by a lessee for a lease period that has not yet occurred.
  • We then add the prepaid amount of $36,721 to establish the Right-of-use (ROU) Asset balance, which comes out to be $101,749.
  • Similarly to ASC 840, this straight-line lease expense is calculated as the sum of all of the rent payments over the lease term and divided by the total number of periods.

Now if only the same thing could be said about the accounting for operating leases. Deferred rent is primarily linked to accounting for operating leases under ASC 840. Nevertheless, differences between lease expense and lease payments also exist under ASC 842. This comparison of deferred rent treatment under ASC 840 and ASC 842 is illustrated in Deferred Rent Accounting and Tax Impact under ASC 842 and 840 Explained.

What is a Letter of Credit? A Comprehensive Definition

On the other hand, the Right-of-use (ROU) asset amortization is the difference between the payment and the interest component, which is $33,469 ($36,721 payment – $3,251 “Interest”). Rent is paid by individuals http://nnit.ru/news/n68339/ and organizations for the use of a variety of types of property, equipment, vehicles, or other assets. In this case one asset (pre paid rent) has been increased by 3,000 and the other (cash) has been reduced by a similar amount. This article on prepaid rent is intended for informational purposes only and should not be considered legal advice. Free rent during a lease is called an abatement and is accounted for as no lease payment under ASC 842.

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Uncategorized

Surgical Technique for Ependymoma of the Spine – Posterior Approach

Diagnosis and Patient Evaluation


Ependymoma of the spine is diagnosed through imaging studies such as magnetic resonance imaging (MRI) or computed tomography (CT) scans. Patient evaluation includes assessing general health, neurological status, and other factors that may impact the surgical approach.

Preoperative Planning


Review of imaging studies in detail to determine the location, size, and extent of the tumor. Optimal surgical approach is planned based on tumor characteristics, patient factors, and surgeon expertise.

Anesthesia and Patient Positioning


The patient is placed under general anesthesia, and positioned in the prone (face-down) position on the operating table to provide adequate exposure of the spine for the posterior approach.

Skin Incision and Exposure


A midline incision is made in the back over the affected spinal segment. Muscles and soft tissues are carefully dissected to expose the vertebral lamina, which may be removed to access the tumor.

Tumor Resection


Once the tumor is visualized, the surgeon carefully removes it while preserving the surrounding healthy spinal cord tissue. This requires meticulous dissection and careful monitoring of the spinal cord function during surgery to minimize the risk of damage to the nervous tissue.

Hemostasis and Closure


Bleeding is carefully controlled using surgical techniques, and the wound is closed using appropriate sutures or staples. Hemostasis is crucial to minimize the risk of postoperative bleeding.

Postoperative Care


The patient is closely monitored in the intensive care unit (ICU) or a specialized neurosurgical ward. Pain management, wound care, and early mobilization are important aspects of postoperative care. Physical and occupational therapy may also be initiated to help the patient regain strength and function.

Risks and Complications


Like any surgical procedure, surgery for ependymoma of the spine via the posterior approach carries risks and potential complications, including infection, bleeding, nerve injury, spinal cord damage, and complications related to anesthesia. The risk of complications can be minimized through careful patient selection, meticulous surgical technique, and postoperative monitoring.

Conclusion


The posterior approach is a common surgical technique for resecting ependymomas of the spine, with careful preoperative planning, precise surgical technique, and diligent postoperative care being crucial for successful outcomes.

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Uncategorized

Intramedullary Ependymomas

• Clinical features of intramedullary ependymomas are variable
• Classic central cord syndrome is infrequent
• Early symptoms are usually non-specific and may subtly progress
• Symptom duration prior to diagnosis is often 3-4 years, although intratumoral hemorrhage may lead to rapid decline

Sensory Symptoms


• Sensory symptoms are the earliest to present in up to 70% of patients
• Dysesthesias are particularly common
• Painful aching sensations localized to the tumor site are rarely radicular
• Distribution and progression of symptoms depend on tumor location
• Upper extremity symptoms predominate with cervical tumors
• Thoracic cord tumors produce spasticity and sensory disturbances in the lower extremities

Numbness and Weakness


• Numbness is a common complaint and typically begins distally in the legs with proximal progression
• Tumors of the lumbar enlargement often present with back and leg pain, which may be radicular
• Urogenital and anorectal dysfunction tend to occur early
• Weakness usually occurs late in disease progression, is usually asymmetric and indicates significant thinning of the surrounding spinal cord

Imaging


• MRI with gadolinium contrast is the imaging modality of choice
• Ependymomas are homogeneously enhancing lesions
• May be associated with syringomyelia or cysts
• Discreteness of the lesion is a characteristic feature

Conclusion


• Intramedullary ependymomas have variable clinical presentations
• Sensory symptoms are the most common early complaint
• Weakness usually indicates significant thinning of the surrounding spinal cord
• MRI with gadolinium contrast is the imaging modality of choice for diagnosis

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Uncategorized

Ultrasonic Aspirator in Spinal Cord Tumor Surgery.

Introduction: Welcome to the presentation on the use of ultrasonic aspirator in surgery for spinal cord tumors, specifically focusing on ependymomas

What is ependymoma?


Definition: Ependymoma is a type of brain or spinal cord tumor that arises from ependymal cells.
Location: Ependymomas can occur at various levels of the spinal cord, including cervical, thoracic, and lumbar regions.
Characteristics: Ependymomas are typically slow-growing tumors that can compress the spinal cord, causing neurological symptoms.

Ultrasonic Aspirator Overview


Definition: An ultrasonic aspirator is a surgical tool that uses ultrasonic energy to fragment and remove tumor tissue.
Function: Ultrasonic aspirators break down tumor tissue into smaller pieces, which can be aspirated or suctioned out.
Benefits: Ultrasonic aspirators offer precise tissue removal, tissue preservation, hemostasis, and can be used in minimally invasive approaches.

Tumor Resection


Importance: Ultrasonic aspirators are effective in debulking or removing tumor tissue from the spinal cord.
Technique: Ultrasonic energy emitted by the aspirator helps to break down the tumor, allowing for precise removal while minimizing damage to healthy tissue.
Hemostasis: Ultrasonic aspirators provide coagulation of blood vessels, which helps control bleeding during surgery.

Tissue Preservation


Importance: Preservation of normal tissue and neural structures is crucial in spinal cord tumor surgery.
Selectivity: Ultrasonic aspirators selectively target and remove tumor tissue while preserving normal healthy tissue.
Patient Outcomes: Tissue preservation helps minimize postoperative complications and optimize patient outcomes.

Precision


Importance: Precise tissue removal is critical in spinal cord surgery to avoid damage to surrounding structures.
Controlled Approach: Ultrasonic aspirators provide controlled tissue removal, allowing surgeons to precisely remove tumor tissue while minimizing the risk of complications.
Improved Visibility: Precise removal of tumor tissue improves visibility for the surgeon, facilitating safe and effective tumor resection.

Minimally Invasive Approach


Benefits: Ultrasonic aspirators can be used in minimally invasive spinal surgery, such as endoscopic or keyhole approaches.
Reduced Trauma: Minimally invasive approaches result in smaller incisions, reduced tissue trauma, and faster recovery times compared to traditional open surgery.
Versatility: Ultrasonic aspirators are versatile and can be used in various surgical approaches, making them suitable for different types of spinal cord tumors, including ependymomas.

Safety Considerations


Expertise: The use of ultrasonic aspirators should be performed by experienced surgeons who are well-versed in their appropriate usage and safety precautions.
Patient Selection: Patient selection should be carefully considered to ensure optimal outcomes and minimize risks.
Follow-up Care: Proper postoperative care and monitoring are essential for patient recovery and long-term outcomes.

Conclusion

Ultrasonic aspirators are valuable tools in spinal cord tumor surgery, including for ependymomas, providing precise tumor resection, tissue preservation, hemostasis, and versatility.

Categories
Health Surgical Procedures

Complications caused by Spondylolisthesis.

Depending upon the cause and severity, Spondylolisthesis can be serious in some cases. Constant low back pain, leg pain, numbness, or tingling sensation may result in extreme discomfort which may reduce a person’s ability to perform daily life activities. This can significantly lower the quality of life.

Potential complications caused by Spondylolisthesis are explained in this article by Dr. Kalyan Bommakanti the best neurosurgeon in Hyderabad, India.

 If not diagnosed and treated on time, the compression and stress exerted on the surrounding nerves and blood vessels may increase with time resulting in a condition called spinal stenosis at the lumbar region. It causes severe back pain that may radiate to one or both legs and weakness.

Spinal fractures can also be caused because of the excessive stress exerted on the underlying vertebra. Individuals who are already diagnosed with arthritis, osteoporosis, or any bone disease are at high risk of these fractures. The fractured vertebra may cause some serious damage to the surrounding nerves and blood vessels.

In extreme cases, the nerves present at the lowest part of the spine are compressed resulting in a serious condition called cauda equina syndrome. This syndrome is considered a medical emergency because if not treated properly, it can affect the feeling sensations in the legs, the functional ability of the bladder, and even paralysis.

Apart from spinal stenosis and fractures, Spondylolisthesis can also increase lordosis initially and when the upper back keeps exerting pressure on the lower back increasing forward spinal angulation it can cause kyphosis. Hamstrings tightness is a common feature of this. Spinal infection can also occur in rare cases.

Advanced radiological imaging can help in identifying the problematic area and the level of the damage. Usually, after diagnosing Spondylolisthesis it is advised to treat it with conservative methods first because of the possible risks associated with spinal surgery. But in severe cases where all conservative methods are exhausted yet no outcome is gained, then surgery is necessary.

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