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Atlantium's website claimed that the profits from those sales are used for "the Empire's ongoing operations" as well as charitable causes.
The earliest documented media report referring to Atlantium is a philatelic magazine article  about its cinderella stamp releases. There were 12 issues of Atlantian stamps.
Atlantium minted coins,  though the levels of Atlantian economic activity remained low. In , a 30 solidi coin was issued to commemorate the 30th anniversary of Atlantium.
The coin had the likeness of George Cruickshank on the obverse and the wedge-tailed eagle Aquila audax on the reverse and was struck in cupronickel and plated with 9 carat gold.
Banknotes of Atlantium were denominated in imperial solidi 10, 25, 50 and imperial solidi and are currently divided into a series and a series.
As of October [update] , Atlantium had almost 3, citizens from and still therein residing due to the small area of the Empire of Atlantium over countries.
Atlantium said its citizenship does not supersede existing citizenships. Atlantians contend that they are all dual citizens,  and that Atlantium actively encourages its citizens to participate in the political processes of their resident countries.
In late , Atlantium stopped accepting citizenship requests according to a reply posted on the official Facebook page.
From Wikipedia, the free encyclopedia. This article has multiple issues. Please help improve it or discuss these issues on the talk page. Learn how and when to remove these template messages.
This article's factual accuracy is disputed. Relevant discussion may be found on the talk page. Please help to ensure that disputed statements are reliably sourced.
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The license must be issued by a government institution that regulates financial services providers. Most brokers get their license in their home country and then register with the regulatory bodies in other countries where they have large operations.
A broker which is registered in many countries will generally have a larger client base and will be able to offer better conditions and lower costs to its customers.
As for the brokers that do not have a license, they are to be avoided. While there can be honest brokers without a license by honest I mean a broker that will pay out your winnings and process all withdrawals , it must be clearly understood that unlicensed brokers will always be market makers.
I will talk more about market makers later in this article. Since this article is about finding a good forex broker for large accounts, it is important to note that not all brokers are suited for people willing to invest more and trade big , and many of the regulated and legitimate brokers are not recommended when it comes to bigger investments.
Some brokers are targeting only casual traders and are not well equipped to handle high-volume traders, and operating with such brokers may cause a lot of difficulties and awkward situations if you want to trade big I will later explain why.
There is no definition of what represents a "large account" but I would say that any account with 10, USD or more should be considered large because it allows the owner to place very large trades with the use of leverage.
While many people in the industry will say that large accounts are those with hundreds of thousands of dollars or even millions, I think that a person who is serious about forex trading should act like a big investor even if he plans to invest only ten thousand.
Most brokers will classify you as a VIP client if you fund your account with more then ten thousand dollars, so you will be able to take advantage of the best trading conditions if you exceed this amount.
I believe that anyone wishing to invest a large amount in forex trading should read further because the next part of this article will explain why it is very important to have the right broker when it comes to large accounts.
What many people disregard when it comes to forex trading is what actually happens with the trades they execute.
Who takes the opposite position of the trade? Who is the counterparty? In the forex market, just as in any other financial market, in order to execute a trade you need a counterparty.
In order to win money someone has to lose it. In order to buy a currency someone has to sell it.
So what exactly happens when you open a trade? If your broker is a market maker like most retail forex brokers are you will trade against your broker.
Your trade will not be executed anywhere except on the platform provided by your broker, which will be your liquidity provider. You buy from your broker, you sell to your broker.
Think about your broker as the foreign exchange shop you find in an airport where you exchange currencies. You give them one currency in exchange for another at the prices decided by them.
They have a spread between the buy and sell price to ensure they make a profit. When it comes to retail shops where you exchange money, the spread is so big that the shop owners will make a profit even if they are stuck with a very large amount of one specific currency and they have to change it at another third party their liquidity provider in order to replenish their stock of the currency in high demand, because their liquidity provider has a much lower spread.
When it comes to forex brokers that act as market makers the situation is a bit different, because each trade you open will also be closed at a later time.
Unlike foreign exchange shops, where you can buy Euros with Dollars and then spend the Euros elsewhere, when you buy Euros with Dollars from your forex broker you have only one way to spend your Euros: This transforms your transaction into a bet against your broker on how the currencies will fluctuate.
If you have a profitable trade, your broker will credit your account with money and if you lose, money will be subtracted from your account.
But the money you earn from a winning trade come directly from your broker, while the money you lose represent revenue for your broker.
This results in a conflict of interest between trader and broker when the broker is a market maker. Market makers act just like bookmakers.
They give you the possibility to bet against them on the evolution of currency pairs. This is why in the United Kingdom market makers were forced by the regulators to call their services " Spread Betting " instead of " Forex Trading " in order to reduce any possible confusion.
But why are market makers so happy to take the opposite trade against any client? Don't they know that good traders can have good predictions of the market movements and make a profit?
This would make them lose money. The truth is that most forex traders end up losing their money, so the market makers will make money out of them.
The spread is also helping the market maker and gives it an edge against the trader, so in the long run the market maker will make a profit, or at least this will happen in most of the cases.
It works exactly as it works for bookmakers when they accept betting on sporting events. While the bookies will suffer loses in certain situations and some bettors are making money out of their hobby, overall the business is very profitable.
The same goes for market makers. Remember when earlier in this article I said that not all legitimate brokers are suited for big investors? I was talking about the market makers.
Big investors usually know much better than casual traders how to trade and have a much higher rate of profitability.
This makes them dangerous for market makers as they may end up losing money against such traders. Of course, they will accept large depositors because they hope they will catch the ones who don't know very well what they are doing and will end up losing money, but when they are faced with a client that wins a lot of money on a regular basis they will not like it.
Since a lot of market makers such as XM Group , Ava Trade or Exness are legitimate brokers they are well regulated and established companies in good legal standing that have a reputation to defend they will pay out any winnings and process all withdrawals.
While they are suitable for small accounts because small winnings are not an issue for such large international brokers, they are not recommended for large accounts because of the conflict of interest.
If a market maker is faced with a trader that wins large amounts of money on a regular basis it will have to hedge the risks by covering the trades with a liquidity provider.
However, the dealing desk will have difficulties in replicating the trades instantly, especially during news trading or if the trader is scalping.
This may force the broker to resort to "tricks" such as requotes, poor execution, slippage, platform malfunctioning or even stop loss hunting.
While reputable market makers will not engage in such shameful tactics, they may still be forced to limit your activity during news time and will not allow scalping.
In the end, the broker wants to make a profit and if it is losing money with a client it must do something to change that. It seems that the number of visitors and pageviews on this site is too low to be displayed, sorry.
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