FXTM Review Key Features, Pros & Cons
The desktop MT4 platform is a comprehensive trading solution designed for traders who require a highly customizable environment. As one of the most widely used platforms in the Forex industry, MT4 offers powerful charting capabilities, 30+ technical indicators, and multiple timeframes for in-depth market analysis. In addition to standard trading fees, FXTM charges several additional […]
Closing Entry Definition, Sorts & Examples
This reflects the discount in retained earnings because of distributions to shareholders by debiting retained earnings. Income and expenses are closed to a temporary clearing account, normally Earnings Abstract. Afterwards, withdrawal or dividend accounts are also closed to the capital account. To shut bills, we simply credit the expense accounts and debit Revenue Abstract. To […]