When picking a broker, traders may select from hundreds on the Internet. However, the real question is, how do you figure out which broker is best for your trading needs? Trading platform and software As your main marketplace gateway, you want to ensure that you can trust the trading platform you choose. Most brokers provide […]
How long do ETFs take to settle?
How do ETFs work? ETFs are managed by investment companies, which use them to track the performance of specific indexes, commodities, bonds, or other assets. When you buy an ETF, you are essentially buying a stake in the underlying basket of assets. You trade ETFs on stock exchanges, just like regular stocks, which means […]
How does the GDP affect local currencies?
The GDP, or Gross Domestic Product, rates a country’s economic activity. It is calculated by adding up the value of all the goods and services produced in a country during a specific period. GDP effect on local currencies When the GDP grows, it usually means that the economy is doing well. It can lead to […]
How to avoid losing trades in Forex?
Trading is tough. It takes a lot of time and patience to learn the skills necessary to succeed in trading, such as following trends and staying calm under pressure. However, regardless of whether or not one becomes good at trading, there is an even more significant challenge than everyone encounters: losing trades. Even if […]
CFDs: the benefits of using them as a trading strategy
CFDs, or Contracts for Differences, are financial derivatives that allow you to speculate on changes in the price of an asset without having to own it. In other words, CFDs allow you, traders and investors, to make money from movements in the market without actually having to buy anything. Trading with CFDs is easy: […]
How to successfully trade cryptocurrencies?
Cryptocurrencies are digital or virtual currency that uses cryptography for security. It is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. […]
Currency volatility and CFDs
Economy change Nine years ago, the average New York cab driver would have been a rarity among his colleagues for affording a flat in Manhattan. Today that is no longer completely accurate. With the rising house prices and the ever-increasing earnings of most workers, many taxi drivers can buy properties in some of the most […]
What are sector ETFs?
ETFs allow for a simple and relatively low-cost way to get diversified exposure to any given sector. Sector ETFs enable investors to quickly get long (or short) exposure to different industries or segments of the economy, which can be especially useful in an efficient market where it is difficult and costly to get unique […]
Tips For CFD Traders
The past decade has seen Contracts for Difference (CFDs) grow immensely, and the curve is expected to continue to even greater heights. CFDs are popular because they allow you to make short-term investments with low capital. However, just like any investment, CFDs come with their own risks. They may be an attractive way of investing, […]
Why Trading Forex CFDs Is a Good Idea
You have probably come across the typical traders’ worry, “Is trading CFDs a good idea?” Some traders will advise you to keep off forex CFD trading because itis a gamble. And could lead to a 70% to 80% loss to your trading account. That begs the question: if forex CFDs trading is not a viable […]