PlatiniumFund Review Pros and Cons Discovered

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PlatiniumFund Review: Pros and Cons Discovered

Is Homework Beneficial? – Top 3 Pros and Cons

Thursday, Sep. 27, 2020 | Author: | MORE HEADLINES
What are the pros and cons of homework? Is it beneficial? From dioramas to book reports, and algebraic word problems to research projects, the type and amount of homework given to students has been debated for over a century. [1]

In the early 1900s, progressive education theorists decried homework’s negative impact on children’s physical and mental health, leading California to ban homework for students under 15. [2] [1] Public opinion swayed in favor of homework in the 1950s due to concerns about keeping up with the Soviet Union’s technological advances. [3] Today, kindergarten to fifth graders have an average of 2.9 hours of homework per week, sixth to eighth graders have 3.2 hours per teacher, and ninth to twelfth graders have 3.5 hours per teacher, meaning a high school student with five teachers could have 17.5 hours of homework a week. [4]

Proponents of homework say that it improves student achievement and allows for independent learning of classroom and life skills. They also say that homework gives parents the opportunity to monitor their child’s learning and see how they are progressing academically.

Opponents of homework say that too much may be harmful for students as it can increase stress, reduce leisure and sleep time, and lead to cheating. They also say that it widens social inequality and is not proven to be beneficial for younger children.

Is Homework Beneficial?

Pro 1
Homework improves student achievement.
Studies show that homework improves student achievement in terms of improved grades, test results, and the likelihood to attend college.

Research published in the High School Journal indicates that students who spent between 31 and 90 minutes each day on homework “scored about 40 points higher on the SAT-Mathematics subtest than their peers, who reported spending no time on homework each day, on average.” [6]

On both standardized tests and grades, students in classes that were assigned homework outperformed 69% of students who didn’t have homework. [7] A majority of studies on homework’s impact – 64% in one meta-study and 72% in another – showed that take home assignments were effective at improving academic achievement. [7] [8]

Research by the Institute for the Study of Labor (IZA) concluded that increased homework led to better GPAs and higher probability of college attendance for high school boys. In fact, boys who attended college did more than three hours of additional homework per week in high school. [10]

Con 1
Too much homework can be harmful.
A poll of high school students in California found that 59% thought they had too much homework. [24] 43% of respondents said that homework was their greatest source of stress, and 82% agreed that they were “often or always stressed by schoolwork.” [28]

The American Educational Research Association says that “whenever homework crowds out social experience, outdoor recreation, and creative activities, and whenever it usurps time that should be devoted to sleep, it is not meeting the basic needs of children and adolescents.” [27]

High-achieving high school students say the amount of homework they have to complete leads to sleep deprivation and other health problems such as headaches, exhaustion, weight loss, and stomach problems. [29]

Excessive homework leads to cheating: 90% of middle school students and 67% of high school students admit to copying someone else’s homework, [30] and 43% of college students engaged in “unauthorized collaboration” on out-of-class assignments. [31] Even parents take shortcuts on homework: 43% of those surveyed admitted to having completed a child’s assignment for them. [32]

Pro 2
Homework helps to reinforce learning and develop good study habits and life skills.
Everyone knows that practice makes perfect. Students typically retain only 50% of the information teachers provide in class, and they need to apply that information in order to truly learn it. [11]

Homework helps students to develop key skills that they’ll use throughout their lives, such as accountability, autonomy, discipline, time management, self-direction, critical thinking, and independent problem-solving. [12] [13] [14] [15]

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A study of elementary school students who were taught “strategies to organize and complete homework,” such as prioritizing homework activities, collecting study materials, note-taking, and following directions, showed increased grades and positive comments on report cards. [17]

Research by the City University of New York noted that “students who engage in self-regulatory processes while completing homework,” such as goal-setting, time management, and remaining focused, “are generally more motivated and are higher achievers than those who do not use these processes.” [18]

Con 2
Homework disadvantages low-income students.
41% of US kids live in low-income families, which are less likely to have access to the resources needed to complete homework, such as pens and paper, a computer, internet access, a quiet work space, and a parent at home to help. [34] [35] They are also more likely to have to work after school and on weekends, or look after younger siblings, leaving less time for homework. [35] [25] [36]

A study by the Hispanic Heritage Foundation found that 96.5% of students across the country said they needed to use the internet for class assignments outside of school, and nearly half reported there had been times they were unable to complete their homework due to lack of access to the internet or a computer, sometimes resulting in lower grades. [37] [38]

Private tutoring is a more than $6 billion enterprise that further advantages students from wealthier families. [25] [39] A study published in the International Journal of Education and Social Science concluded that homework increases social inequality because it “potentially serves as a mechanism to further advantage those students who already experience some privilege in the school system while further disadvantaging those who may already be in a marginalized position.” [39]

Pro 3
Homework allows parents to be involved with their child’s learning.
Thanks to take-home assignments, parents are able to track what their children are learning at school as well as their academic strengths and weaknesses. [12]

Data from a nationwide sample of elementary school students show that parental involvement in homework can improve class performance, especially among economically disadvantaged African-American and Hispanic students. [20]

Research from Johns Hopkins University found that an interactive homework process known as TIPS (Teachers Involve Parents in Schoolwork) improves student achievement: “Students in the TIPS group earned significantly higher report card grades after 18 weeks (1 TIPS assignment per week) than did non-TIPS students.” [21]

Homework can also help clue parents in to the existence of any learning disabilities their children may have, allowing them to get help and adjust learning strategies as needed. [12] Duke University professor Harris Cooper, PhD, noted, “Two parents once told me they refused to believe their child had a learning disability until homework revealed it to them.” [12]

Fourth grade students who did no homework got roughly the same score on the National Assessment of Educational Progress (NAEP) math exam as those who did 30 minutes of homework a night. Students who did 45 minutes or more of homework a night actually did worse. [41]

Temple University professor Kathryn Hirsh-Pasek, PhD, says that homework is not the most effective tool for young learners to apply new information: “They’re learning way more important skills when they’re not doing their homework.” [42]

An entire elementary school district in Florida enacted a policy that replaced traditional homework with 20 minutes of reading each night – and students get to pick their reading material. [43] A study by the University of Michigan found that reading for pleasure – but not homework – was “strongly associated with higher scores on all achievement tests” for children up to 12 years old. [40]

    Tom Loveless, “Homework in America: Part II of the 2020 Brown Center Report of American Education,”, Mar. 18, 2020

Edward Bok, “A National Crime at the Feet of American Parents,” The Ladies Home Journal , Jan. 1900

Tim Walker, “The Great Homework Debate: What’s Getting Lost in the Hype,”, Sep. 23, 2020

University of Phoenix College of Education, “Homework Anxiety: Survey Reveals How Much Homework K-12 Students Are Assigned and Why Teachers Deem It Beneficial,”, Feb. 24, 2020

Organization for Economic Cooperation and Development (OECD), “PISA in Focus No. 46: Does Homework Perpetuate Inequities in Education?,”, Dec. 2020

Adam V. Maltese, Robert H. Tai, and Xitao Fan, “When is Homework Worth the Time?: Evaluating the Association between Homework and Achievement in High School Science and Math,” The High School Journal , 2020

Harris Cooper, Jorgianne Civey Robinson, and Erika A. Patall, “Does Homework Improve Academic Achievement? A Synthesis of Researcher, 1987-2003,” Review of Educational Research , 2006

Gökhan Bas, Cihad Sentürk, and Fatih Mehmet Cigerci, “Homework and Academic Achievement: A Meta-Analytic Review of Research,” Issues in Educational Research , 2020

Huiyong Fan, Jianzhong Xu, Zhihui Cai, Jinbo He, and Xitao Fan, “Homework and Students’ Achievement in Math and Science: A 30-Year Meta-Analysis, 1986-2020,” Educational Research Review , 2020

Charlene Marie Kalenkoski and Sabrina Wulff Pabilonia, “Does High School Homework Increase Academic Achievement?,” iza.og, Apr. 2020

Ron Kurtus, “Purpose of Homework,”, July 8, 2020

Harris Cooper, “Yes, Teachers Should Give Homework – The Benefits Are Many,”, Sep. 2, 2020

Tammi A. Minke, “Types of Homework and Their Effect on Student Achievement,”, 2020, “How Does Homework Help Students: Suggestions From Experts,” (accessed Aug. 29, 2020)

University of Montreal, “Do Kids Benefit from Homework?,” (accessed Aug. 30, 2020)

Glenda Faye Pryor-Johnson, “Why Homework Is Actually Good for Kids,”, Feb. 1, 2020

Joan M. Shepard, “Developing Responsibility for Completing and Handing in Daily Homework Assignments for Students in Grades Three, Four, and Five,”, 1999

Darshanand Ramdass and Barry J. Zimmerman, “Developing Self-Regulation Skills: The Important Role of Homework,” Journal of Advanced Academics , 2020

US Department of Education, “Let’s Do Homework!,” (accessed Aug. 29, 2020)

Loretta Waldman, “Sociologist Upends Notions about Parental Help with Homework,”, Apr. 12, 2020

Frances L. Van Voorhis, “Reflecting on the Homework Ritual: Assignments and Designs,” Theory Into Practice , June 2020

Roel J. F. J. Aries and Sofie J. Cabus, “Parental Homework Involvement Improves Test Scores? A Review of the Literature,” Review of Education , June 2020

Jamie Ballard, “40% of People Say Elementary School Students Have Too Much Homework,”, July 31, 2020

Stanford University, “Stanford Survey of Adolescent School Experiences Report: Mira Costa High School, Winter 2020,”, 2020

Cathy Vatterott, “Rethinking Homework: Best Practices That Support Diverse Needs,”, 2009

End the Race, “Homework: You Can Make a Difference,” (accessed Aug. 24, 2020)

Alfie Kohn, “Down With Homework,”, Sep. 2006

Jeanne Fratello, “Survey: Homework Is Biggest Source of Stress for Mira Costa Students,”, Dec. 15, 2020

Clifton B. Parker, “Stanford Research Shows Pitfalls of Homework,”, Mar. 10, 2020

AdCouncil, “Cheating Is a Personal Foul: Academic Cheating Background,” (accessed Aug. 16, 2020)

Jeffrey R. Young, “High-Tech Cheating Abounds, and Professors Bear Some Blame,”, Mar. 28, 2020

Robin McClure, “Do You Do Your Child’s Homework?,”, Mar. 14, 2020

Robert M. Pressman, David B. Sugarman, Melissa L. Nemon, Jennifer, Desjarlais, Judith A. Owens, and Allison Schettini-Evans, “Homework and Family Stress: With Consideration of Parents’ Self Confidence, Educational Level, and Cultural Background,” The American Journal of Family Therapy , 2020

Heather Koball and Yang Jiang, “Basic Facts about Low-Income Children,”, Jan. 2020

Meagan McGovern, “Homework Is for Rich Kids,”, Sep. 2, 2020

H. Richard Milner IV, “Not All Students Have Access to Homework Help,”, Nov. 13, 2020

Claire McLaughlin, “The Homework Gap: The ‘Cruelest Part of the Digital Divide’,”, Apr. 20, 2020

Doug Levin, “This Evening’s Homework Requires the Use of the Internet,”, May 1, 2020

Amy Lutz and Lakshmi Jayaram, “Getting the Homework Done: Social Class and Parents’ Relationship to Homework,” International Journal of Education and Social Science , June 2020

PlatiniumFund Review – is scam or good forex broker?

Trading Accounts and Conditions

Trading account Min. deposit Max. leverage Spread
Mini $500 1:50 N/A
Standard $5 000 1:50 N/A
Gold $10 000 1:50 N/A
Platinum $15 000 1:50 N/A

PlatiniumFund is a MT4 broker allegedly based in Austria. They offer four trading account types, but the spreads remain unclear.

Apart from their account type and trading conditions, we have serious concerns about this broker and the details will be highlighted in our thorough review. If you are going to skim through it, make sure you read at least the first two points in the Disadvantages section below.

PlatiniumFund Advantages

Access to the MT4

Because we always try to come up with all possible benefits a broker might offer its clients, here we should note the presence of the legendary MetaTrader4 (MT4) platform.

This trading terminal is very popular among traders because it is user-friendly, and yet equipped with a set of professional tools. Some of these include advanced charting package, numerous built-in analysis indicators, Expert Advisors for automated trading, and more.

Yet, we couldn’t test PlatiniumFund’s MT4 and considering that the broker is not regulated, you’d better take a look at our list of reliable forex providers that also allow trading on this platform.

PlatiniumFund Disadvantages

No legit license

The broker says to be a trademark Platiniumfund Ltd., a company allegedly based Austria. Yet, nothing is mentioned about regulation, and we could not find the broker in the FMA’s register. We remind readers that all financial services providers operating in Austria have to be licensed by the Financial Markets Authority (FMA) or another European financial regulator.

We keep reiterating that trading with unregulated brokers hides a lot of risk. There may be commingling which means that the brokerage may mix together the finances of the firm and clients’ funds. What is worse, the broker may simply stop answering your e-mails and phone calls and disappear with your money. That is why the lack of legit forex broker license is always considered a huge disadvantage.

Spreads not disclosed, no free testing

As was noted above, PlatiniumFund’s website lacks information on the most important details of its offer, such as the reference spreads, maximum leverage levels provided (if any), etc. Free testing service is also unavailable, so we can safely conclude that the broker is not transparent with its services and pricing, which is very typical of scam brokers.

So, you might take a look at the real-time spreads of some-top tear forex brokers instead:

A lot of inconsistencies

We also found a lot of contradicting information about the initial investment required by PlatiniumFund, and the maximum leverage levels provided. In the account types section of its website, it is written that a Mini account can be opened with $500, while according to the FAQ section the minimum deposit is $250. Similarly, in the account types section of the site it is written that the maximum leverage ratios available to clients of PlatiniumFund, and in other sections the broker advertises leverage of 1:500.

Such inconsistencies, coupled with the obvious lack of credible regulation inclines us to suspect potential clients of the brokerage are not open to substantial risk.


All things considered, PlatiniumFund is just another doggy unregulated broker that will most probably rip off ruthlessly anyone who makes the mistake of investing with them.

That is why we urge our readers to avoid all unregulated brokers, and make sure they only deal with properly authorized entities. We like to give as examples brokers licensed by prestigious regulatory agencies, such as the FCA and CySEC, which require compliance with a number of strict rules that give significant assurance for the security of the clients funds.

Here are the highlights of the present review of PlatiniumFund:

Pros Cons
Access to the MT4 Limited company info, no financial regulation
Spreads not disclosed, no free testing
A lot of inconsistencies
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.


Do you want to read the rest of this article?

15 Pivotal Pros And Cons Of Reproductive Cloning

For many years now, reproductive cloning or human cloning has become a hot and controversial topic, especially among religiously communities. Opponents of the cloning say that this technology questions God’s role and existence. But most of all, those who oppose this procedure question the quality of life that a cloned individual would have.

One of the reasons for the differing opinions people have about reproductive cloning is the complexity of the issue itself. Needless to say, artificial cloning is something that you can easily understand or explain. In other words, human cloning is a process that involves various elements. But what really is reproductive cloning?

In basic terms, human cloning is the technology that involves producing a genetically identical copy of a human being. More importantly, reproductive cloning creates copied cells or tissues of an individual. Yes, this technology may be likened to the process that takes place when twins are conceived in a mother’s womb. The only difference is that the birth of human twins occurs naturally, but the artificial counterpart uses technology.

So is reproductive cloning is good or bad? It would help to know its pros and cons to be able to answer that.

List of Pros of Reproductive Cloning

1. Reproductive cloning helps people fulfill their dreams of having children.
Infertile parents can now have a chance of being able to have kids of their own. Those who want to have twins will also be able to make that wish come true.

2. Reproductive cloning can help cure life-threatening diseases.
When a child is cloned to produce matching tissues that can be used to treat a particular health condition, then human cloning would be the next best thing to the discovery of technologies that has forever changed human life.

3. Reproductive cloning can give a new meaning to genetic modification.
This technology helps parents choose specific traits for their children, even. That way, parents who want to choose their child’s sex, eye color and other physical attributes, will be able to fulfill their plans. Moreover, defective genes could be eliminated with cloning a human’s body’s good cells.

4. Reproductive cloning allows faster recovery from traumatic experiences.
Recovery times can be lowered and healing could be faster by cloning cells to help the recovery process. So, this goes without saying the human cloning can help athletes heal faster, be it a torn ACL or a life-threatening condition.

5. Reproductive cloning allows for organ replacement.
Proponents believe that human cloning would lessen the number of people waiting for an organ replacement.

6. Reproductive cloning could aid in genetic research.
Using the cloning technology, researchers could better understand the composition of every person’s genes. As a result, genetic diseases could be eliminated.

List of Cons of Reproductive Cloning

1. Reproductive cloning can increase the chance of medical malpractice.
Because doctors or scientists are given the power to change a person’s genetic makeup, it could also mean that mistakes can be made. If that happens, claims of medical malpractice could occur.

2. Reproductive cloning creates a lack of diversity within the human population.
When you clone a person, it means that his genetic attributes are also duplicated. As a result, many humans will all look alike. In other words, human cloning can limit the variation among the race.

3. Reproductive cloning could speed up the aging process.
Cloning takes its base information from adult cells that could have been imprinted with specific timelines. This makes the possibility of enhancing the aging process more real.

4. Reproductive cloning can put people’s lives in danger.
Ninety-five percent of cloning done have failed in the form of miscarriages, stillbirths and other life-threatening events. Besides, many experts believe that there is no clone that is fully healthy. This is because the technology cannot be developed without putting humans and the safety of the clones in grave danger.

5. Reproductive cloning is interfering with nature.
Religious and other opponents of this technology are saying that this process disrupts nature because procreation is something that shouldn’t be tampered with. They feel that interfering with how nature work would have a domino effect on the human race. But one of the arguments that people have against artificial cloning is that people are trying to play God by creating life in unnatural ways.

6. Reproductive cloning could create a division among people.
Cloned human beings may not be considered humans by other people. This could create division and unrest. Many fear that this could only result in further problems among the population.

7. Reproductive cloning might lead to a whole set of problems that we have not been equipped yet.
DNA is something that people shouldn’t be messing around with. If the cloning process is not successful, there is a high chance that the DNA of the host could be altered or worse, damaged. When that happens, it could create a whole new set of issues that we may not have any knowledge on.

8. Reproductive cloning can be abused.
Many opponents fear that the cloning technology could be abused by people with vested interests. Some might use it for criminal or unlawful acts. A lot of people are also scared that if reproductive cloning becomes a commonplace, people might be cloned unwillingly by unscrupulous individuals.

9. Reproductive cloning is considered wrong in so many levels.
For one, due to the current state of the science, it could take more than a hundred pregnancies before a single successful clone is achieved. For another, a lot of evidence show that most of the cloned babies are not healthy, leading to genetic defects, premature aging and worse, death. Even if a cloned child may live longer, it could be infected with certain diseases or might be too fragile.

There are many reasons to support or to oppose human cloning. For one, a successful clone won’t be as perfect as a naturally conceived human being. It is also possible that it will be brought up differently. But if cloning is going to be used for a good purpose, then it can help improve humanity, as it can help cure incurable diseases.

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