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Aubrey M. Morris
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June R. Campos
Simon D. Barrett
We came across StocksCM, a newcomer on the Forex market who is just taking off. If you’re looking to get all the inside info, before getting started with your trading journey, read along to find out who StocksCM is and let us know what your own StocksCM feedback is, in the comments section!
From the very start, StocksCM sends a clear message – helping you push the limits of the well-known and comfortable so you can expand as an individual trader. Their goal is noticeable with each click through their webpage. With impeccable designs and strong interface, with StocksCM, you always know where you stand. Everything is out in the open and transparent since their team is always open to taking your requests and comments for improvement into consideration.
How does StocksCM forex work? Well, in the crowd of already well-established names, a brand needs to get ahead by setting itself aside and being unique. What does StockCM offer to their clients that the other platforms lack?
Investing or Trading?
While these two terms can get easily confused or mistaken with one another, StocksCM shows a clear picture of the difference between the two. These are actually two completely different methods of profiting, both in the financial markets. Whether you are an investor or a trader, you are attempting to earn profit by engaging with the market. However, the main difference between the two is their unique approach to creating this profiting strategy.
While an investor aims for larger returns over a limited time period, a trader takes their time, as well as takes a wider range of signals into consideration. From the rise and a drop in the market performance to an individual enter and exit strategy and timing, a trader is able to receive smaller, but more frequent profits by comparison.
So, when you invest, you aim to build up your capital during an extended period of time. While you do so, you can combine stocks, bonds, mutual funds or any other type of financial instrument available on the platform. Investments often take years to play out, sometimes even decades. Who has that kind of time, anyway? During that time, investors can collect interests, dividends or stock splits, depending on the type of financial instrument which they added to their personal portfolio. In addition, investors are usually more concerned about the fundamentals of the market, such as forecasts and price movements. And while a trader takes those into consideration as well, they make a more in-depth analysis as they go along, adding new things to the mix as they come by.
This is where trading comes to its peak – analyzing anything and everything you may find useful for your trading adventure. This is the main advantage of the process of trading, where your own style and strategies are formed. While you can always compare to other traders, engage with them and learn what works for them, this may not work for you as well. This is why the safest option is to try and try again until you eventually succeed. And who knows – in no time, you can become a role model for other beginners as well! Since you remember how challenging it was to start, you can become more compassionate and sensitive to these differences and learn how to turn them into advantages.
A major advantage of the StocksCM platform, too – they acknowledge that they lack experience, but they make up for it with innovations and inclusivity. Everyone is welcomed to try and grow with this up and coming platform, starting their journey with a brand that is clear with their goals and the message they are sending out into the trading world.
Each trading platform that you stumble upon on your search for a perfect fit aims to offer you something new and exciting. But one thing they can all agree on is – the wider the asset range, the more satisfied clients! This is true in any business, but market trading especially. Just for the sake of comparison – while an investor hopes for an annual return of 10%, for example, a trader will earn the same amount in a single month! How cool is that?
This is what StocksCM takes into consideration, which is why they provide their clients over several hundred different assets up for trading. From stock and currency pairs to indices and cryptos, it is up to you to choose which one to take a chance with first. Currency pairs seem to be especially popular on StocksCM, and it is no surprise since the possibilities are practically endless.
Currency pairs are listed and traded on the largest and most liquid market in the world – the Forex market. What is so special about it? Among other things, what pops out immediately is that this market is always open. Aside from holidays, you can trade on the Forex market no matter which time zone you are in. So, sleep in and get some rest, because this market will take you on a rollercoaster you won’t be able to get out of your head!
Forex is short for Foreign Exchange, and it is a place where you can trade all the major currencies of the world. They are displayed in currency pairs – such as USD/EUR, for example. And though they also have their own individual values, which are displayed in indexes, they are always traded in pairs. like listed above.
One other thing that stands out with currency trading is the wide range of different factors that contribute to their value. From the economic landscape of a certain country to the global spread of a health crisis, there are so many things to take into consideration. They add up to a fluctuation in the exchange rates between the two currencies, which can significantly increase your profit and diversify your portfolio. Here are some of the most common currency pairs which you can find in the StocksCM Forex section:
- USD/EUR – while the US currency is referred to as one of the most popular currencies of the world, the euro is fluctuating as many factors are attempting to shake it – from the Brexit fallout to the potential new trade deal with the EU
- USD/JPY – the Japanese yen is considered to be the most alluring currency because of its stability. Not many things can shake it down since the investors strive to buy it and keep it close in times of hardships
- USD/AUD – after the huge environmental crisis that has shaken Australia for the past couple of months with floods and rainforest fires, the currency is successfully bouncing back.
In addition, you can also find the so-called “cross-currency” pairs. As the name would suggest, they do not trade against the dollar, but amongst themselves (the Japanese yen and the Australian dollar, for example). How did this tradition of comparing currencies to the US dollar come to be?
Well, the US economy is historically one of the strongest ones in the world. This tradition was set back after World War II when there was a lot of turmoil with the global economy. The US economic landscape, however, stood its ground for one main reason – because they ensured all their national money through the reserves of gold. This way, if anything unpredictable would have happened, the US would still have a safety net to land on. This brought gold into the spotlight as well – now it is considered as a safe-haven asset. For starters, gold will never run out, not to mention – it’s quite stylish, too.
As you sail the unpredictable seas of market trading, you will notice your personal trading style forming along the way. This is a good thing – it helps you acknowledge your strengths and weaknesses and learn how to improve both. Typically, after some time passes you will be able to recognize 4 major types of traders which you can meet on your way, or become yourself:
- position trader – this type of trader is quite a patient one – they can hold on to their position for months or even years. How is that possible, you might ask? Especially since there are so many new appealing positions to open every single day! Well, no one said you can’t have best of both worlds – with StocksCM, you can open and close positions as you wish, but holding a certain position unchanged for a long time requires a lot of patience
- swing trader – these positions are held for shorter periods of time, typically weeks. This way you can assess the market performance in a much closer range, and decide on your strategy accordingly
- day trader – this type of trader is fast-paced, but not hasty – they assess their possibilities during a single day of trading, and a lot can happen in that time
- scalp trader – this is an extremely hectic type of position to hold – you take your chance and do your best within the minutes or even seconds! This adds up to a lot of excitement and appeal, not to mention quick profits.
Were you able to recognize yourself among any of these trading types? We are certain you will find your way with StocksCM!
IS FXVC A SCAM?
New trading platforms are popping up at every corner. This is a good thing since it gives you plenty of options to choose from. However, are they all reliable? How can you, an up and coming trader, know who to put your trust in? After all, trading brings a lot of responsibility, aside from the excitement. And while having a lot of different options can be a good thing, it brings out the challenge of picking the right one.
FXVC has been present on the market for quite a while. During that time, they had their ups and downs, just like any other business. While researching through the comments and reviews made by the users from all around the globe, we have decided it would be useful to dig in a little deeper into this platform and learn all of its good and bad sides, so you don’t have to. In the following passages, you can read all about our discoveries, and check out what we are talking about by visiting the platform, too. So, the question remains – is FXVC a scam? Keep on reading to find out!
Brand and Reliability
Since FXVC stepped into the spotlight back in 2014, their main goal was to establish the trust of their clients. That took a lot of time and patience, as well as more advanced technologies and innovative approaches that would differentiate them from the competitors. Since then, FXVC has built up quite the following in Europe first as well as other countries around the globe.
Why is this such a big achievement? As you might have learned, Europe is quite a competitive market not everyone can qualify to enter. Ever since establishing the European Union, the harsh regulations are created to prevent any fraudulent activities towards their citizens. As a result, a new regulatory frame was created, and breaching it will lead to grave consequences in order to protect each client.
This is quite reassuring. While researching further, we have learned that FXVC is regulated by the Cyprus Security and Exchange Commission – CySEC for short. This is one of the strongest regulatory bodies in one of the toughest markets in the world. Their overall mission is to create a safe environment for traders while contributing to the healthy development and functionality of the world markets. They assure that by constantly reviewing and improving brands under their jurisdiction, adding innovative approaches while keeping what’s already been working well established.
What does this mean for you? While you can’t exactly contribute to the way FXVC does business as much a stronger regulatory body, CySEC provides you an assurance that, if FXVC is a scam – they would be the first ones to call them out on it. You see, by breaking any of the regulatory body rules or principles brings out quite harsh punishments, and no platform would subject to that kind of scrutiny. Because once the trust is gone, it is impossible to repair the reputation and regain clients. Which is why FXVC stays ahead of it – by following the CySEC rules and contributing to their mission of creating better and improved market environment for all.
Trading Platform and Offers
FXVC aims to be innovative each step of the way, which is why they created their own proprietary platform. What does this mean, exactly? Well, when a company creates its own platform, it means that their advantages come into play with every moment you use it, creating new and original ways to do business. In this case, FXVC’s own software is applying special security and regulatory measures to ensure the brand’s functionality, and your better trading experience.
Some may argue that the lack of the highly popular MT4 platform is a risky move, FXVC is aware of that. Rather, they try to add something new to the mix, which is quite admiring. The MT4 platform is one of the most advanced ones in the business, but FXVC would rather take a less-known road and see how it plays out.
Nevertheless, the trading platform offers to all its traders an opportunity to buy and sell over 300 different assets including stocks, currency pairs, CFDs and cryptos. They can be found in 4 neatly organized sections of their webpage, which shows how the securities are performing in real time. This is necessary especially with today’s technology, since you don’t want to miss out on all the excitement. Aside from this list, by clicking on each asset you can also be presented with the handy chart that shows the growth and progress of that asset through time during a trading session.
If everything so far sound pretty satisfying to you, the next logical step would be to look for that “Register” button. It is set in the top right corner of the page, and by clicking on it you will be presented with a form in which you can enter a few basic information about yourself. This information include your name, country of residence and telephone number, as well as your e-mail address and unique password which you will use each time you sign up to trade.
Furthermore, after filling out the form you will receive a confirmation e-mail in your inbox, after which you will be all set to begin trading. Another important part of the registration process is the next step, which includes an investor questionnaire. Here, you will be able to input more detailed information about yourself, including education, amount of funds and your overall trading experience and goals. This is quite important, since it will help your broker have in mind which educational tools to provide for you and make your trading adventure even easier.
After you completed the necessary registration section of the webpage, you can find the bright green button marked “Deposit”. By clicking on it, you will be taken to a new part of the site in which you can choose the payment method in which you wish to make a deposit of funds to your account. They include bank wire transfers, credit cards and electronic fund transfers.
What particularly stands out with FXVC is that the processing of the funds is instant. In addition, there are no hidden fees or other commissions of any kind. FXVC is completely transparent with all their missions and processes, which makes it even easier to learn about them and establish the long-lasting relationship of trust and reliability.
In order to accommodate your every individual need as a trader, FXVC has worked long and hard to create different types of accounts suitable for your trading journey. As a result, you can find 5 account types, and choose from them accordingly to different parameters and trading tools they provide. And if you wish to switch to another one, you can do that in just a few steps, by fulfilling the required amount of money for deposit on your account.
Bronze is the basic type of account, which you can acquire by depositing a minimum of $2.500 in funds. This account provides you access to the research made by analysts and trading alerts which will guide you to making a smart trading decision.
A step above from bronze, the silver account can be yours by depositing a minimum of $5000. This will give you access to the more personal education tools including a connection to your broker and analytic tools such as market reviews and web calendars.
The gold account is available to you after you make a minimum of $10.000 deposit. It gives you access to all of the trading tools including e-books, video tutorials and e-mail and SMS notifications, so you are always updated with the current market events.
The platinum account can be yours after you made a deposit of $25.000 or more, and you can use it to create a whole new set of advantages for your trading process. It also includes perks, such as lower spreads and even discounts on the certain fees and commissions.
The biggest gem of them all in the FXVC crown of jewels is the VIP account, reserved especially for the most loyal traders. With it, the opportunities are endless – from special educational courses to no fees on certain trading options.
All in all, you cannot be certain how things will turn out in the end. Since market trading is unpredictable, all you can do is hope that the skills you acquired along the way are enough to guide you when things get tough. And if not – having a trusting platform to lean on can get you a long way. We presented you with our analysis of the FXVC platform in hopes to make your decision easier and more prosper for your trading dreams. We hope we did our job well, by bringing you one step closer to achieving them.
Many successful traders reach a point in their careers when they start to consider opening their own brokerage firms. One of the first dilemmas they encounter is regarding the trading platform. For those not willing to invest massively in state-of-the-art servers and a comprehensive platform, there is another solution. Traders can easily hire the services of a company who offers forex White Label brokerage.
With the diversification of the global markets in the past couple of years, there are so many emerging possibilities for each trader and a specific business goal. Different assets including stocks, currencies, and indices can be traded on different levels of the market. This way, you can fulfill your trading adventure. Forex white label is a new and up and coming tool that is aimed at helping you do exactly that – drive your wildest trading dreams into an exciting reality.
In its core, a white label is a business strategy that allows you to take the best and the most useful features of a certain business plan or venture. Next, you can turn it into different types of plans with one common goal – to suit your trading goals. The white label was originally a way for start-ups to adapt to a wild and unpredictable trading landscape. Back then, it was led by strong competitors. This way, every business, and every client can have a legitimate chance to try and come on top. Simply by using tips and tricks that the market already allows.
As time goes on, the white label-type of business has become suitable for professional brokerages, too. What’s so special about it is trust and experience. In other words, the traders that were once starting out and had a safe guide and anchor within the white label system, are now trading pros! Because, if you have a perfect formula to fulfill your trading dreams, why change it?
Forex White Label Program is for individuals and institutions that desire to build a brand name and a presence in the Forex industry. Using a White Label solution means you are starting your own brokerage with a fully customizable platform. This way, your branding is fully on display. In addition, you are typically have access to many additional services like office and administrative support. The platform itself can be very user-friendly. It gives users the ability to interact, learn and automatically copy the trades from more successful traders.
Full ownership Vs White Label?
#1 question for all traders opening their brokerages is – Owning or Renting? If money presents no object, owning is the right move for your future business. However, owning your servers and platforms is a path not many traders take. When dealing with such a risky business, many opt-outs for the other, more optimal solution.
As modern trends suggest, many companies are deciding to employ those options that are more budget-friendly. By going lightweight, there is much more freedom is running your own business. Instead of purchasing expensive hardware, which is often tricky, you have the freedom to implement easily upgradable and transparent solutions on the go. By offering this service you can more easily adapt to market trends as well as the needs of your clients.
How do I choose?
By choosing While Label Solutions, you are minimizing the initial cost of starting up your brokerage. In addition, you will be facing much fewer logistical problems. This way a new brokerage is making the best use of the experience of a company that is providing a White Label service.
Even though initial costs or setting up a brokerage are smaller this way, there are some fees to be aware of. The main cost that the new brokerage incurs in a white-label agreement, is a monthly rental fee charged by the brokerage operator of your choosing. Furthermore, there is often an initial set-up fee, for an initial server equipment.
How much does it cost to run a White Label Partnership?
In addition to fees for setting up, branding and managing your platform, operating a private label is just like running any other business. There are expenses associated with it. Staffing fees are still likely to apply since it’s probably impossible to try to operate a white label partnership as a one-man show.
Depending on how you want to develop your business model, you could be looking into further investments. These include customer support, client education, marketing, accounting, management and even IT. However elaborate your business plan is, always keep budget in mind. The best way to prepare your company for long-term success is exactly that. You should aim to carefully manage your expenses from the very beginning.
What are the Advantages?
White Label types of business are cost-effective, which is one of the many reasons why so many traders turn to it. By cutting out the middle-man, it allows you to create your own business strategy in whichever way you see fit. It gives you the tools you need, and you can use them in a way you always dreamed of. As a result, today we have a variety of business strategies and platforms within the trading world, which attract different types of traders by fulfilling their goals. This is a great thing and a big improvement for the entire trading landscape. Today, the world of trading is more inclusive than ever and welcoming to both trading pros and beginners. If you are one, it is never too late (or too early) to start! Forex White Label is the most common way to adapt to the exciting ups and downs of trading.
What is Gray Label?
Gray Label is a toned-down version of White Label aimed at those looking to minimize their investment even further. In this arrangement, you obtain the Grey Label license from a White Label broker and the branding of the Grey label broker is separate from that of the technology. This is the more cost-efficient way of launching your new forex business. However, the downside of it is that users are not quite sure with two different brands. This will always be an issue. This applies especially when it comes to brand recognition and loyalty. Moreover, apart from the monthly fee or commission paid to the White Label solutions provider, there will eventually be another cost. In addition, you will have to deal with the hassle involving the transition to a White Label at some point.
In addition, there will always be ongoing costs such as commissions and maintenance fees. Gray Label’s solution comes with a significantly smaller set-up cost. However, its commissions are often drastically higher compared to the fees of a White Label. Most importantly by choosing While Label, you will not be losing time waiting to scale up your operations. From the very beginning, you grow your own brand as a company offering end to end solutions.
Choosing the right White Label partner
Choosing the best partner for your brokerage can prove to be a daunting task. Coupled with cost, the implementation time is another crucial factor to be taken into consideration. Investing in White Label solutions shouldn’t break your bank. However, it should provide your clients with a top of the range product.
Securing a flawless technical execution for your platform should be a top priority. Your partner should also be able to provide you with on-going support. This is possible to achieve via special training and scheduled platform updates that will keep your platform relevant. Selecting a good White Label partner will prove to be invaluable in the long run, so take your time and do your research.
Each aspect of theForex White Label strategy aims to be suitable for each trader, no matter who you are or where you come from. During years of experience on the market, there is pretty much nothing we haven’t seen. And that’s what’s so great about this whole experience. You are constantly learning and finding new things about yourself as a trader, and us as a company to guide you on that journey.
On your journey of developing trading skills, you will easily find yourself striving for something more, something bigger and greater. That is only natural. Since the trading world will pull you in with its allure and make you feel like anything is possible, but how can that be? Well, this is where Forex white label works its magic. Namely, within this system, you will be able to start your own brokerage and run it fully and solely under your own identity! This way, you will be completely independent and be able to run your own show however you please, suitable to your wildest trading dreams.
Industry momentum has been exponentially shifting towards a more lightweight approach over the past several decades. More companies are choosing to adopt White Label solutions as they have seen all the benefits it provides for all parties included.
To sum up, in most cases, choosing to go with a White Label partner could prove to be very lucrative. With a strong plan, you will be able to allocate your limited resources in the best possible way. When you select a partner that suits your needs, you will be able to focus on growing your brokerage in a much more efficient way.
With today’s fast-paced world of technology, keeping up with innovations can seem challenging at times. So many options for improvement and getting ahead in the world of business and trading are available. They are usually combining skills with experience and efficiency. When you’ve been on the market for quite some time you have learned your way around and experienced almost everything it has to offer. So sometimes you will find yourself wondering – what’s next?
Change is sometimes strange, often difficult, and all throughout quite uncomfortable. But this is how growth works! And when you reach your destination, you will feel so much stronger and more empowered than ever before. You will also be grateful that you got through it all. And for a successful trader who manages risks quite well, the next logical step regarding this would be to start your own brokerage.
How would that work? In the beginning, when the idea forms in your mind, you will have more questions than answers. And that’s only natural! That’s what FINOVATION is here for – to guide you through all the hardships while celebrating your achievements during your exciting trading adventure.
Is it Difficult?
Starting a brokerage is quite similar to starting any other business – it’s challenging but rewarding. Hardships may seem like a lot. But when you have the right tools and the great amount of support that Finovation provides, you are destined for greatness. Since everything begins and ends with you, you should always look at investment as an opportunity to improve and grow for yourself. Along the way, you will learn new skills. They vary – from negotiation and compromise to accuracy and analysis of important information regarding this exciting area of the industry.
Investing in yourself has more advantages than you may think. First, when you start your own brokerage, you should always keep in mind that you are investing your time, money and effort into yourself and the people you appreciate. You are not just handing it to some management group of people you don’t even know. This feeling is quite rewarding and it constantly gives back. Because, whenever you feel you’re in doubt, you have yourself to rely on. You will be included in every single part of this alluring process, creating it and adapting it to your needs, as well as market requirements.
Historically, brokerages were the only option for independent traders to try and establish themselves as powerhouses on the market against huge corporations. The market was always competitive, and in 1975 in the US, the corporations were leading the way in all the industries. In trading especially, all eyes were on them, while everyone else was forced to follow behind. With brokerages, however, every single person had a fair shot at creating something unique and special on the market. Simultaneously, they are making a great amount of profit by applying skills picked up along the way.
Today, one of the greatest features that come to mind when you start your own brokerage is significantly lower costs. When you take on the entire workload on yourself, you cut off the unnecessary fees and charges which you would otherwise have to give out. For this to happen, you will need a significant amount of capital to invest in your trading dream. This then draws the need for a skilled and focused team of professionals who are dedicated to your vision. This is where FINOVATION comes into play.
With our wide variety of business services, you will be able to design your own business plan and be able to start your own brokerage in no time. From marketing strategies to CRM and innovative payment solutions, you name it. FINOVATION is aiming to become your ultimate guide for all things related to market trading. How are we able to constantly stay on top, you may ask? Well, we have been around for quite some time, and we’ve experienced a lot of ups and downs. We combine the traditional approaches which we learned through years of experience with new and creative ways to run a business. At the same time, we are overcoming many obstacles along the way.
When you start your own brokerage, a new world of possibilities opens up to you. So far, you’ve only been able to experience the market from one side – by being a trader. You’ve watched your favorite assets go back and forth, up and down during trading sessions. You’ve worked hard and played harder, and it paid off. Now, it’s time to sit back and see what the market can do for you.
Your Own Platform?
You will still be able to invest in the assets of your choice, of course. However, in addition to this exciting chapter, you will be able to do something even more exciting. And that is – earning commissions from others using your own signature platform! How great is that? This way, you can design the trading platform of your dreams, and share it with the world! One of the biggest advantages of the fintech industry is that you can do it from wherever you are. By relaxing on the beach or sitting in your bedroom, in just a few clicks! Before this, you had to set up a physical company, which drew so many unnecessary spending. With FINOVATION , however, starting your own brokerage is more appealing and easier than ever.
What are some other advantages of setting up your brokerage? For starters, you will have access to the best and the most of what the world of technology has to offer. Faster execution and better connection with clients are just some of the many perks that we offer here at FINOVATION . We understand that you need to stay updated with all the innovations. That’s why we aim to help you do that by constantly improving your connection with our team. We are always available to you for every question you may have during this exciting journey.
With our top of the line CRM, staying connected has never been easier. When you decide to start your own brokerage, there are so many small details that will contribute to the overall image you are trying to create. So, in order for you to not get caught up into them and keep your eyes on the bigger picture, FINOVATION will do so for you.
Keeping Things Interesting
Staying on top of the game can be quite challenging, but we are not the ones to stray away from difficulties. Instead, we see them as opportunities to fill in the blanks we didn’t even know there were on the market. How do we do that? By combining years of experience with an ability to adapt to innovations. The same goes for each of our clients – we are here to help you be the best broker you can be, but it doesn’t stop there. Us, too, have an outstanding need to constantly improve ourselves and our business. So, whenever you grow, we grow with you and accept new challenges and welcome new like-minded traders into our global family.
When you decide to start your own brokerage, however, you should keep one thing in mind. You are entering quite a competitive environment of already established traders, brokers and global trends which move the market into several different directions daily. You never know what will happen next, but that goes for every business. That’s why you should focus on what excludes you from the crowd of the same-old. What is it that will make you pop in the eyes of your future clients? This feature, whatever that may be, will make you recognizable throughout the globe. Besides, it will ensure the trust of both partners and other traders.
Which Type of Brokerage?
Furthermore, there are two types of brokerage which you can consider setting up – the full-service option or a retail brokerage. When it comes to the first option, as the name would imply, you will be able to run all operations of the business. Not only trading services, but also transactions and other features that are included in day-to-day trading. This option also has a distinctive value that pops up right away. It will take some time for your brokerage to start from the ground up. That’s why you will need to create a carefully planned and detailed financial strategy that will serve as a safety net until you reach your final destination.
On the other hand, the retail brokerage takes a lot of the pressure off of you as an independent broker just starting out and trying to get by. This option minimizes risks while providing you with the best features available for decentralized brokerages. However, the bigger the risk – the bigger the reward. In this case, since you will not have direct access to the market, the chances for profit will be somewhat decreased. Instead, you will only access the market through other companies, and collect your profit through fees and commissions made by traders.
In the end, starting your own brokerage is as challenging as any other new beginning. At first, you don’t know more than you do. But as you keep going, the market will accept you as one of its own, helping you march to the beat of your own drum. And FINOVATION is always here to help you on that journey, however long it may take.
Forex is short for Foreign Exchange, and it represents a process of buying and selling currencies of the world. From the Australian Dollar to the Japanese Yen, there are a number of currencies up for trading each day in this exciting, relatively new section of the market. Forex online trading takes place in the Forex market, as the name would suggest. This market is quite unique since it is the most liquid market in the world, thus the largest one.
The Forex market is made up of many important individuals. From companies, central banks, hedge funds, investment management firms, retail forex brokers to, of course, the traders. Each one of them plays an important part and contributes to the everyday functioning of this huge market. Forex online trading takes place through over $5 trillion daily transactions on average. This is more than the total of both equity and futures markets.
What is so unique and special when it comes to the Forex market? Well, what particularly stands out about it is that is not dominated by one market exchange. Rather, there is a global network of both brokers and computers from all around the world that tracks its growth and development. This takes a lot of the pressure off, and more importantly, ensures safety and discretion. This helps build trust between the brokers and traders. And as we know, this is the most valuable relationship to create when you are getting into the business of Forex online trading.
The Forex market contains two very important levels. One of them is the interbank market, where large banks are trading currencies on behalf of the clients. The other crucial part is the OTC market, which is short for over-the-counter. Meaning, traders can do their exchanges through online platforms, such as FXVC.EU.
Innovations and Original Approach
This platform is quite unique on the market, despite having years of experience in its pocket. Through the innovative trading system, you can access different assets including currencies. Not only that, but you can track their performance in real-time. Also, there are new ways of using educational tools in Forex online trading.
The Forex market stands out thanks to one other specific feature – it never closes down. It operates 24 hours all around the globe, so there is no need to rush or worry that you will miss something good. This is particularly different from other markets such as the stock market, which usually closes in the afternoon. Other markets, however, are trying something new. For them being competitive and staying on top of their game means closing during the key hours of the trading day. This adds to the suspense and generates a whole new level of engagement with different types of traders.
Forex Trading – the Basics
So, if the Forex online trading is a hit, what are the top currencies on it? For starters, the US dollar is considered to be the most traded currency in the world. It is a part of 85% of transactions, with the euro trailing it with a modest 39%. What makes the dollar persist on the market despite difficulties?
Well, there are several key factors that contribute to it. The US economy is one of the strongest ones on the planet, even in its worst days. Just think of the previous year. The trade war was at the top of the heat, and the US dollar was still able to rule the Forex market. No matter the geopolitical turmoil, this currency shows time and time again that it is here to stay. Clearly, not many things can spoil its worth. The Japanese yen, on the other hand, is considered to be the so-called “safe-haven asset”, due to its stability and high liquidity. The investors usually turn to it in times of hardships on the market.
How did the Forex market come to be anyway? Before World War I, precious metals, such as gold and silver were backing up the currencies. This system did not work during the war, so a new one came to be. First, three new international institutions were created. Those are the IMF (International Monetary Fund), the GAAT (General Agreement on Tariffs and Trade) and the IBRD (International Bank for Reconstruction and Development). They were crucial in the transition from gold to international currencies starting to rely on each other.
The Central Bank
Still, though, the dollar kept its value somewhat secure with the equal reserves of gold in its central bank. You may know it better as the Federal Reserve. Back then, however, when the Forex market just came into the spotlight, it was mostly aimed at governments and larger companies. Today, anyone can do it! You don’t have to be a part of a bigger establishment to fulfill your trading dreams. Many investment firms today offer a unique opportunity for each trader to distinguishes themselves as valued clients on the market of Forex online trading.
So, how does Forex online trading work? The market is the key factor. Not only in terms of being the place for all the transactions but also as a crucial part of determining the value of a certain currency. Though many fractures contribute to it, such as economic and political, everything begins and ends with the market itself.
Currencies are always represented in pairs – for example, USD/EUR. There is also a value attached to it, which represents the amount of which one currency is expressed through the other in that pairing. In addition, each currency alone has a value of its own, which you can analyze through an index. Currencies are traded through lots – micro, standard and mini. Through lots, each currency is different than it would be if you’d, for example, went to the bank and wanted to exchange one currency for another one. Forex online trading is completely different from this transaction, though it applies similar rules when it comes to their main instruments – currencies.
Despite the Forex market working around the clock, it doesn’t mean that whatever you do on it is a done deal. It takes a lot of hard work and thought-out moves to go on behind the scenes, that make up to the final result. In addition, depending on which time of day you engage in trading, there will be a different volume taking place for the currency of your choosing. This is also something to consider when deciding on the timing of entering the Forex market.
A special branch that researches the currency pairs and all that makes them unique is called Forex analysis. This type of study aims to determine which direction will a certain trend go next. This is hard to predict, of course. However, it is also an impending scientific approach and a source of new development as time passes and new things on the market keep emerging.
So, traders, as well as companies and hedge funds, are using Forex analysis to decide on their particular trading strategy. There are different ways to do this. While some analysis is manual while others require the use of computers and software that researches historic data. Either way, each independent trader is able to choose their own approach to the matter, with the combination of the two sometimes working the best.
Forex analysis aims to help you make a profit by predicting the currency pairs’ movements. There are currently over 150 global currencies, which makes this method somewhat tricky to come by. The most exciting ones are the euro (EUR), the British Pound (GBP) and the Australian dollar (AUD). Trailing close behind them are the Japanese yen (JPY), Canadian dollar (CAD), then the Australian dollar (AUD), and Swiss franc (CHF). Other currencies are not obvious right away but are also quite important. We just didn’t mention them because of their lower volume. You can check them out for yourself on the FXVC.EU a platform that provides the full list of currencies available.
Bunch of other factors is affecting the currency levels, too. Name them, from price movements to political and economic events. A country’s gross domestic product growth is also an important fact to note. Besides them, there is the employment data, inflation, central bank statements and other factors that contribute to your experience in Forex online trading.
There are three most common types of this analysis:
- Technical analysis – it assesses the past price movements of a certain currency. It aims to predict where it will go next so you can assume your strategy. This way you can recognize patterns more easily
- Fundamental analysis – the fundamental analysis examines the factors that are affecting the economy of a certain country. From inflation rate to GDP (gross domestic product), this analysis tries to predict the future factors which may form and affect a certain currency
- Sentiment analysis – a sentiment is showing the current mentality on the market. It shows if people are buying or selling a particular currency, and which factors may be contributing to such behavior. This is otherwise known as crowd psychology. In other words, people tend to reenact the behavior of others which they admire or are in a group with.
The currency market is certainly one of the most exciting parts of any market. With many factors that contribute to it daily, it is no surprise that it is always open and welcoming to traders of different origins and trading goals.
Forex market is one of the most liquid markets in the world, and one of the most alluring ones today. The name is short for Foreign Exchange, and it consists of the world’s strongest currencies of the world which you can trade one for another at any time.
That’s right – one of the many reasons that make the Forex market so special is the fact that this is the only type of market that never closes. It is open 24/7, suitable for the fast changes that are on it, so the traders wouldn’t miss anything happening.
Free For All?
One other important fact to note is that the Forex market is not under the jurisdiction of a single organization or an institution. Rather, a network of banks, computers, as well as brokers and individual traders contribute to the market being efficient and exciting.
Everyone has currency needs and will try to exceed them sooner or later. With the Forex market, you have a unique place where you can engage in all the purchasing and buying, without fear of missing out on anything. Here, you can watch how the currencies of the world are performing in real-time, creating a very special feature – Forex live.
The Forex market has one of the biggest trading volumes. Here you can trade as many currencies as you wish, and watch them through the Forex live feature. This way, you can take notice of many geopolitical, economic and other events that can affect the currencies. In addition, you can create a solid and functioning game plan accordingly.
The popularity of the Forex market is obvious through the establishments in some of the greatest cities in the world. Some of them include New York, London, Tokyo, Frankfurt, and Hong Kong. Each of these cities has a high functioning and alluring currency market, in which you can engage with other traders and trade currencies in whichever way you decide.
What Once Was
Historically, the Forex market was a tool to benefit the trade of governments and other institutions. It was significant for preventing the currencies from crumbling, as well as keep them in their peak.
This way, the economy of a certain country would grow even stronger, attracting more investors. This will then again bring to a stronger currency. This cycle did work, but it was still missing the key ingredient – inclusiveness. Over time, the Forex market became welcoming to anyone who wanted to engage in the excitement of currency trading.
How does this type of trading work? It is rather simple – you trade one currency for the value of another through a currency pair. For example, when you enter the Forex live feature on FXVC, you will notice that each currency is within a pair – for example, USD/JPY. This shows us the measure of the US dollar in comparison to the Japanese yen – through an index.
Then, each currency has its index when standing alone, but still, all the currencies are always traded in pairs. After all, you have to give something, to get something else back, of course.
And how does the electronic trading world benefit from all this? Since everything is online, you are not particularly trading real (fiat) money, rather the digital alternatives of it. Through each transaction, the broker is helping you achieve it as smoothly and as effortlessly as possible so they get a cut – this is called a commission.
This is a standard procedure in the world of trading, and currency trading is no different.
These types of transactions are referred to as spot transactions – they are done right away, which is necessary in the fast pace of the trading world. However, you should keep in mind that you cannot engage with the market on the weekends as well as holidays. That’s why this transaction could sometimes take up to 6 days if it was made during these days.
In addition, you can watch how the economic growth of each country is affecting the currency pair of your choosing even during these times through Forex live.
What about the rollover? This is a unique new and up and coming option available for traders and brokers. It allows them to profit solely on the transaction of two currencies through commission, no matter which two currencies they are. Rather, they profit from the difference between the two currencies during the transaction. This difference presents itself through either credit or debit for a certain interest rate. You see it as the difference between the two currencies.
There is another type of transaction which differentiates from the spot transactions, and these types are called forward transactions. This rate is the spot rate, but after adding the difference between the two currencies in different markets. This contributes to a much broader range of opportunities for each trader. This way you will have access to all the markets of the world while being able to watch how each currency is performing in a certain country. This is possible through the Forex live option.
A forward is a specific type of contract that you can create in relation to any currency and any amount of money. In addition, you can decide on any specific date outside of weekends and holidays when the trades won’t take place.
As for any other asset available on the market, Forex has its own futures, as well. A currency future is a contract between two parties where they settle an agreement to deliver a set amount on a certain date. This is called expiry, which will happen in the future. Unlike the forward, these terms are non-negotiable. Rather, the two parties need to settle all their details beforehand, or else they won’t achieve the common goal through futures.
Looser Regulations – is it a Good Idea?
There are also many other differences that make the Forex market unique from all the other markets. One of the first that comes to mind is the fact that the regulations are far less strict. This, however, doesn’t mean that the world of currency trading is ruled by anarchy.
Rather, fewer regulations give more room for each individual trader to come to their own and find what works the best for them. Through these genuine transactions, each one of the clients can form their own trading strategy. Later on, they can watch the fruits of their labor come in through their bank accounts.
This brings us to another important difference. Since there are no strict rules, different brokers may charge different amounts for fees and commissions. This allows you a broader range of choices, as well as requires some additional research on your way to finding the perfect fit for your trading needs.
The amount on the fee can fluctuate depending on the amount of currency you are choosing to trade. In the trading world, everything is at the top of your reach. This makes it somewhat easier to make your decision and decide on the next step in your game plan.
When it comes to trading currencies, leverage is the highest one as opposed to any other market. And while this may sound promising, it can also be quite intimidating. Since the higher leverage can get you bigger profits, but also a bigger risk. But this is all common in the world of trading, which is why it isn’t strange that it happens in the currency market, as well.
No Matter Where You Are
Another unique aspect of the Forex market is that it does not have one particular center where all the magic happens. Rather, you can find it all around the world and conduct electronically through the OTC system, which stands for over-the-counter. Meaning, all the transactions occur through the network of computers, so it doesn’t matter where you are or when are you attempting to make a transaction.
Today, most investment banks and commercial banks are conducting these transactions on behalf of their clients. This, however, doesn’t mean that you can’t make progress on your own – since the market is always evolving. There is always a chance for a sole investor to make it on his own and not be tied to any bigger institution to guide him through it all.
The currency market is quite volatile, too. This happens because there are so many different factors that can affect the value of a certain currency. This changes quite a lot, and there is no way to determine what will happen next. That’s why each trader can speculate on their own what will work best for them and their particular trading strategy.
Uniqueness at its Finest
In the end, there is no particular plan which is full-proof and that works for everyone on the market. But this is the basis of its appeal, too. Each trader approaches the market with their own unique strategy, and who knows where that will lead him.
Though the option of social trading creates opportunities to compare your success and your strategies to other traders’. This way you can find what works best for you alone. It is the sole purpose of market trading. And through that research and the process of finding yourself, you will notice how easy it is to comply with market demands. On the other hand, it also contributes to it with your uniqueness and special skills.
CFD trading gives investors one of the broadest opportunities for making a profit online. There are hundreds of different assets that can be selected, based on your experience level, risk appetite, and scheduling preferences. Each asset responds to a unique set of stimuli, and it is important to research what factors can cause the price to fluctuate. Something many traders neglect when creating their basket of instruments is to check for an optimal balance to avoid having your entire portfolio affected by the same event.
For example, there is a significant overlap between the performance of the DOW index and the performance of several of its major stocks. In fact, over the past decade three stocks have accounted for the strongest movement in the DJIA: Boeing, Goldman Sachs, and 3M. So, what would happen if you only traded those three stocks and the DOW, and then an unexpected event caused those stocks to perform poorly. You would immediately see your account balance take a nose dive, because you wouldn’t have any countering assets that would offset your losses.
A smart investor knows how to structure his trading activity so that he will have less exposure to sudden changes in the market. This activity is called hedging, and that is the origin of the popular phrase “hedging your bets”. While it is practically impossible to foresee the potential outcomes of every news event, the easiest way to protect yourself is to focus on assets that have shown a historical tendency to respond reliably to specific market conditions. The most common instruments that lend themselves best to hedging include Gold, JPY/USD, USD/CHF, and the S&P 500 Index.
Gold is considered a haven because if there was an economic collapse, it is a precious metal could still be used to buy goods and services and could be converted into cash easily. The yen is treated as a safe trade because the Japanese central bank works hard to promote the currency’s stability. Switzerland’s famous policy of neutrality and its importance as a global banking center has kept the Swiss Franc free from most socio-economic fads. Finally, the methodology used to calculate the S&P 500 makes it less volatile than the DOW, while still offering profit potential from the U.S. economy.
The main benefit of each of these assets is that they are either inversely correlated to the performance of the majority of the most popular trading choices, or they are less subject to wide swings in volatility. The largest volume of trading involves the Dollar, and performance of both the Dollar and several other stocks, indices, commodities and currencies is impacted based on market news from the United States. Trading at least a few instruments that usually go up if the Dollar goes down, or that don’t have a history of being linked to USD gives you some room to adjust.
Understanding the basics of a balanced CFD portfolio can help you become a better trader. In order to learn the correct techniques for choosing assets, it helps to work with a broker who offers in-depth educational resources backed up by personalized advice from a dedicated financial expert. We recommend speaking with an Account Manager from YorkCG. For more information on opening a CFD account, make sure to visit our web page.
Following years of favorable coverage regarding investment alternatives, more people are investigating speculating on foreign currency exchange, or Forex, as a potential source of income. While the system is relatively simple when compared to working with traditional stocks or commodities, the large number of options available can make it difficult to pick the best platform and trading strategies. Building a firm foundation from the beginning can help you avoid costly mistakes and make it easier to incorporate more advanced techniques as you gain confidence and skill.
The first decision that you will need to make is finding a broker. It may sound like surprising advice to select a platform before researching the financial markets. However, it will actually cut down on a lot of work, since brokerages who are familiar with the needs of beginning traders will already have created a list of resources meant to instruct their clients. The best platforms will also have embedded tools which make it simpler to use indicators while trading actively. Check for eBooks, webinars, one-on-one training sessions, and video courses when exploring the resources that are provided.
Once you have chosen the right partner, it is time to become familiar with how the market works. There are five main asset classes: stocks, indices, commodities, currencies, and cryptocurrencies. The basic goal is to buy the asset at one price, and then sell it for a higher price. If the asset price moves in the direction you selected, you make a profit. If the price moves against you, you’ll face a loss. With Forex you do not actually take physical ownership of the instrument. The calculations are made entirely from price fluctuations. Therefore, you don’t have to worry about things like storage costs or damage to your property.
The buying and selling can also be done in either order. For example, if you believe the price of a stock will go up, you can buy it first, and then sell it once it’s gained the amount you’re satisfied with. Alternatively, if you believe a commodity is about to drop in value, you can sell it, and then buy it back at the lower price, pocketing the difference as a profit. To make it easier to buy larger amounts of your desired asset, most brokers allow you to trade on margin, which means that you only need to put down a small portion of the value of the order to open it.
Finally, you need to learn where to look for market news, and which information will affect the assets that you trade. A good broker will provide signals, advice about upcoming trading events. However, certain reports can be relied upon to generate volatility, which usually is the best time to trade. America’s monthly Non-Farm Payroll report (NFP), as well as interest rate announcements by the world’s central banks are important events. Quarterly reports from publicly traded companies can also have a major impact.
With the right knowledge and support you can master proper Forex techniques. Spending the necessary time to choose the best broker and to learn more about the industry can save you a lot of money and heartache in the future. Now is the perfect time to start trading currencies on a respected CFD platform such as that provided by YorkCG. For more information on opening a Forex account, make sure to visit our website.
When buying cryptocurrencies, several things are quite important for the process to go smoothly. First, you want it to be fast. Since everything else online is moving quickly, you don’t want to miss out on anything, right?
Then, you need to make sure your crypto investing is safe, and all your private information are exactly that – for your eyes only.
When you want to buy Bitcoin, for example, those purchases are processed through the blockchain technology. In other words, each block is safely guarding all the details about you and your transactions. The key is anonymity – the blocks provide the validity for every purchase request, without revealing any private information about you.
At CoinsHype, this process is easier than ever. All you need to do is create your account completely free before starting your online trading journey. CoinsHype is designed to guide you each step of the way, so it is especially suitable for beginners. In addition, it is connected to all the biggest exchange platforms, as well as Bitcoin Miners. These systems provide extra security of all your transactions.
You can deposit the money through credit or debit cards and wire transfers. When it comes to FIAT money, CoinsHype accepts USD, EUR, and GBP. All your deposit requests are processed instantly, just make sure that you verified your account! This is necessary for the process to be completed, but also provides another level of security.
Since the entire online community of crypto buyers and investors is buzzing about CoinsHype, the platform provided another amazing feature to all its clients. Namely, they opened an additional OTC desk for high volume purchases. With that, all the transactions will be processed without a hitch and the cryptocurrencies of your choice will be on available on your account in no time!
The social media giant has had quite a successful couple of years. Despite hitting a snag with the last year’s Senate hearing of its founder, Mark Zuckerberg regarding data privacy, Facebook is still the leading social media network. Stocks are soaring high and putting the company on the head of the tech giant group, including Apple and Netflix.
Still, the social media platform faced many fines, regulatory probes and overall backlash since it first came to be. The latest concerns are related to the highly anticipated release of Facebook’s own cryptocurrency, Libra. Libra is aimed at creating a more inclusive and better-connected world of finance, where security and privacy are the number one priority.
So far, the shares of Facebook went up over 40% since the beginning of 2019. This is highly encouraging, especially after the security breach scandal of last year. Back then the stocks fell miserably by 26%, prompting investors to think twice while shinning the light on privacy concerns and political manipulations present on the platform.
It is eminent that the past troubles regarding privacy will remain an issue, or at least a major concern when it comes to release and use of Libra. Still, if and when it gets launched, Libra has high aspirations of becoming the leading currency in the crypto world. If that happens, Facebook will only confirm its dominant status on the market, and in the tech world.
One of the clearest signs that a social media platform is doing well is the increase in the number of users. For Facebook, however, the user number is growing slowly but surely. What puts it on top within this feature is an even bigger growth in users for the other apps in its property – Instagram, WhatsApp, and Facebook Messenger, with a total of 2.7 billion users.
Facebook uses other apps it owns not only to attract new users but new investors as well. All these platforms have the ability to constantly bring in more money on a daily basis. Engaging in e-commerce is perhaps one of Facebook’s smartest business ventures. Instagram, for example, has ads included in the photo feed, which is a small but quite significant e-commerce tool.
Back in June, Facebook announced it will expand its video-on-demand service, Watch. Its smart business strategies of overpowering more than one front at the time are the thing that keeps Facebook stocks solid and profitable, even in times of high market volatility.
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