Once you have mastered the fine art of trading the currency market and you are prepared to launch in, you will need a broker. Since the capital you bring into the foreign exchange is so meagre compared to the overall amount being traded in the market, a broker will give you the platform upon which you will take your trade.
Choosing the right broker can be the fundamental difference between a beginner who will enjoy forex trading and go on to make a resilient forex trader and the beginner trader who will lose a lot of money and become frustrated with forex trading. The place of choosing the right forex broker as a beginner can therefore not be overemphasized readmore
Aside from real estate, equities, and debt instruments, commodities are a prime asset class for active traders. Whether you’re interested in hedging risk exposure or want to speculate on future pricing fluctuations, commodity futures offer access to some of the most popular markets in the world.
A commodity is an economic good or service while most of them are either raw materials, basic resources or agricultural products. At all times commodities were things of value that were produced in large volumes by various manufacturers and further traded in exchange. Online trading of commodities, in particular, can be very efficient since the division into pools matches the demands, thus markets respond quickly and trader gains passive exposure.
This implies that commodity trading sometimes involves the spontaneous sale or purchase of particular commodities without owning the underlying commodity. As a commodity trading enthusiast, you are trading the difference in price...readmore
CFD, short for contract for difference is taking over the trading space and there aretraders who are taking advantage of the change to diversify their portfolio.
Like everyother trading opportunity, you will need a broker.
Since CFDs might be relatively new to the newbie trader, it is only normal that we delve into the world of CFDs and make youunderstand them.
What are CFDs? The contract for differences (CFD)...readmore
How To Pick A Profitable Stock
Dedicating a certain amount of money to buying stocks is easy, especially when you have the funds (small or large) at your disposal. The difficult part is choosing the right stock to buy! Are you having trouble making the right investment choices?
Not to worry, I’m here to help!I’ll be giving you some tested and trusted tips on how you can buy the right stocks and enjoy the benefits in the long run.Let’s go...readmore
Bitcoin is one of the cryptocurrencies that have blazed the trail in the last decade. From relatively unknown crypto, bitcoin has since revolutionized how cryptos are being viewed. Today, bitcoin is being held by a wide range of people and even being traded by more. Just like trading in the foreign exchange market, trading in the cryptocurrency market needs a broker. A broker will give you the platform and support you need in order to own your own in the volatile world of cryptocurrency. It is no surprise that several forex brokers also serve as cryptocurrency brokers as well....readmore
The ascent of copy trading – also known as social trading, mirror trading, or auto trading – has been ongoing for the last decade. Thanks to social media and an increasingly faster web, financial news and market analysis propagate at lightning speed. The idea of copy trading is simple: use technology to copy the real-time forex trades(forex signals) of other live investors (forex trading system providers) you want to follow. This way, every time they trade, you can automatically replicate (copy) their trades in your brokerage account. It is essential to understand that copy trading is only a subset of social trading....readmore