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Showing posts from April, 2022

An Introduction to Metals Trading

Precious metals such as gold and silver are popular trading instruments. Gold and silver have been exchanged for goods and currencies throughout history, and nowadays investors are attracted by the advantages of online metal trading . Learn about trading gold and silver, what affects their value and the benefits of trading these precious metals. Gold and silver are considered as safe-haven assets Unlike the currency markets, gold and silver prices are rarely affected by political and economic events. When banks and money are considered as unstable, gold and silver are considered safe-haven assets and are commonly used to hedge against volatility in the US dollar. Silver is used to hedge against volatility Silver is another popular metal and is used to hedge against volatility in the currency markets. In contrast to gold, the price of silver moves between its perceived role as a store of value and its role as an industrial metal. Because of this, price fluctuations in the silve

Trading Precious Metals

Precious metals such as gold and silver have always been used as a means of exchange between traders and as a store of wealth, with gold being the most common. Learn more about the different types of precious metals , the advantages of trading metals, what affects their value and more. Gold is considered a safe-haven asset The value of gold is determined by the market 24 hours a day, seven days a week. When banks and money are considered as unstable, gold is considered a safe-haven asset and is commonly used to hedge against volatility in the US dollar. The price fluctuations of silver are more volatile than gold Silver is another popular metal and is used to hedge against volatility in the currency markets. In contrast to gold, the price of silver moves between its perceived role as a store of value and its role as an industrial metal. Due to this, price fluctuations in the silver market are more volatile than gold. Platinum is the most volatile of the precious metals Plati

Forex Bonuses for Traders

Forex trading bonuses can provide great incentives to traders who are looking for the best broker. Basically, a forex bonus is a promotion that brokers offer to entice new clients to their platform. Bonuses may also be given to already registered clients. In most cases, the bonus will only be available to prospective clients who have not yet opened an account with the broker. The different types of forex bonuses As already mentioned, a forex bonus is a regular promotion that is given to a new client or an existing and already registered client. The only thing that new clients need to do is register with the broker, but some bonuses require you to make a deposit. These are some of the different types of forex bonuses: Deposit bonus A deposit bonus is the most popular type of bonus offered by online forex brokers . This bonus is related to the deposits made and is usually available for all clients. The broker will match traders’ deposits by a certain percentage, and they can st

Getting Started in Forex Trading

Forex trading is the process of speculating on currency price movements with the aim of capitalising on these movements. If you’re trying forex trading for the first time , access to currency trading has never been easier with a wide range of online brokerage platforms available. Beginners and experienced forex traders must keep in mind that the journey to becoming a confident forex trader involves hard work, patience and practice. Define your goals and trading style Before you set out on any journey, it is important to create an action plan and bear in mind what you want to achieve from trading and what trading strategy appeals most to you. It is essential to set clear goals for yourself and to ensure your trading method can achieve these goals. Every trading style has a different risk profile, which requires a certain attitude and approach to trade successfully. Choose a reputable broker Choosing a reputable broker is very important, and you should spend time researching

MT4: The Most Popular Platform

MetaTrader 4, or MT4, is the most popular trading platform for retail investors. It provides all the instruments necessary for trading and is suitable for both experienced and beginner traders. With its user-friendly interface, feature-rich environment and automated trading ability, the MT4 platform is one of the most powerful trading platforms in online forex trading. Learn about the main features of the MetaTrader 4 platform and why it is considered the most popular trading platform. The MetaTrader 4 trading platform MetaTrader 4 has been available since 2002 and is the most convenient platform for trading financial assets online. MT4 is easy to use and offers highly customisable web and mobile platforms to suit all trading styles and level of experience. MetaTrader 4 is the best platform for technical analysis and trading in the markets as it provides everything a trader needs to view real-time currency prices, place orders and manage positions. Why is MT4 the most popular

The Advantages of Trading CFDs on Digital Currencies

Digital currencies have been around since 2009 when the first cryptocurrency, Bitcoin, was launched. Over the past few years, there has been significant interest in digital currencies and this demand has led to many CFD trading platforms and brokers now offering cryptocurrency trading pairs. Trading CFDs (Contracts for Difference) on digital currencies involves speculating on crypto price movements via a CFD trading account. Read on to learn about the benefits of trading CFDs on cryptocurrencies and find out why it has become a popular investment alternative. What are the most traded digital currencies? Since the start of the crypto revolution, the two most popular cryptos have been Bitcoin and Ethereum (Ether), and in the last few years Ripple has taken its position among the top three. As well as Bitcoin, Ethereum and Ripple, there are several more popular digital currencies, but their value tends to fluctuate. The advantages of trading crypto CFDs When trading crypto CFDs

Enhance your trading experience with MetaTrader 4

Millions of traders choose the MetaTrader 4 platform to trade in the market. The platform offers plenty of opportunities for traders of all skill levels. These include advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, and also mobile trading applications. Learn about the main features and advantages of the MetaTrader 4 platform . The MetaTrader 4 trading platform MetaTrader 4 was developed by MetaQuotes in 2005 and is the most convenient platform for trading financial assets online. MetaTrader 4 is the best platform for technical analysis and trading in the markets as it provides everything a trader needs to view real-time currency prices, place orders and manage positions. Advanced Technical analysis Forex technical analysis is based on detecting certain trends and patterns which are shown as figures or shapes on symbol charts. Make informed decisions with a variety of indicators Technical analysis tools on MetaTrader 4 consist of

The Benefits of Cryptocurrency Trading

Cryptocurrency trading involves buying and selling the underlying digital currencies via an exchange or speculating on crypto price movements via a CFD trading account. Read on to learn about the benefits of trading CFDs on cryptocurrencies and find out why it has become a popular alternative to buying the physical coins. What is cryptocurrency? Cryptocurrency is a digital or virtual currency that is based on a decentralised network that is distributed across a large number of computers. It is secured by cryptography which makes it almost impossible to counterfeit - they enable secure online payments without the involvement of third-party intermediaries. Many cryptocurrencies use blockchain technology. The benefits of trading cryptos   When you trade cryptocurrencies, you are speculating on whether your chosen market will rise or fall in value, without taking ownership of the digital currency. This is done with derivative products such as CFDs. The benefits of trading cryptocurren

What is a Forex Trading Bonus? Useful Guide

Nowadays, traders can find numerous forex brokers with bonus and promotions . But what exactly is a forex bonus? It is an award given to clients by brokerages to thank them for choosing their company. It can also be described as a unique promotion that helps clients familiarise themselves with the company’s services and offering. It is also used to catch clients’ attention, boost their trading journey and attract new deposits. These bonuses and promotions differ from broker to broker and usually last for a short period of time. There are also some specific requirements that need to be met. Below are some of the most common limitations and rules regarding a bonus: Limited period of time to use a bonus Minimum trading volume to meet No withdrawal of bonus High trading activity required Register with an online broker Upload documents to verify your profile Deposit a specific amount of money Deposit bonuses: How do they work? Trading brokers with bonus enable t

What is a forex broker? Useful Guide

A forex broker is a financial services company that enables traders to download and use a trading platform to exchange currencies or trade any other financial asset. As forex means foreign exchange, currencies are bought and sold within the forex market. The expression forex broker can also be used to refer to a currency trading broker or even retail forex broker. In fact, a broker connects the trader with the interbank system to provide you with the best possible price. How a CFDs broker works To start with, when traders trade forex, it means that they open a trade and buy a currency pair. When they close the trade, it means that they sell that currency pair. For instance, if traders want to exchange U.S dollars for Australian dollars, or in other words buy U.S dollars using Australian dollars, they will buy the USD/AUD pair. Similarly, once they close the trade, they will see the pair which means that they will buy Australian dollars with U.S dollars. The current exchange rate w