Forex is an international currency market. It does not have a single centralized platform, all transactions are carried out online. Therefore, a huge role in Forex trading is played by the trading platform - a tool through which, in fact, all transactions are carried out. What is the best Forex trading platform?
ETFs are investment funds whose shares are freely traded in the stock market. The best way to start forex trading without money is to use free forex bonuses from broker. Among such free bonuses I see the market leader. So, it is tickmill and their attractive promo free tickmill bonus which you may get after registration real account and login to it via official site.
They track, that is, they move identically, different stock indices, goods, real estate and baskets of various assets. ETFs are traded just like stocks on regulated exchanges and can be sold without coverage or bought on margin. They move quite dynamically, and the direction of their movement depends on market conditions and investor activity. In a word, these are the same stocks.
Forex Trading Instruments: Metals
Metals are also quite popular among trading instruments. The most quoted of them are gold and silver. But, gold, of course, is an order of magnitude higher. The popularity of gold is due to the fact that with great desire, you can easily set a new price range for metal, based on the world situation. Because gold perfectly responds to all economic crises and global catastrophes. You can also trade gold, silver and other metals in the Metatrader trading platform.
The four currency pairs that are most traded are known as majors. These include: euro / U.S. dollar (EUR / USD), U.S. dollar / Japanese yen (USD / JPY), U.S. dollar / Swiss franc (USD / CHF) and the British pound / U.S. dollar (GBD / USD).
If earlier it was easier to choose among two or three platforms, now the market is very serious competition. Among the developers of trading platforms, the leader in the Forex market is MetaQuotes Corp. This company has created the MetaTrader 4 trading platform.
At the moment, it is the most popular platform for currency trading.
Indices can also be called popular trading tools among traders. The most popular among the indices are, of course, Dow Jones, followed by DAX, then NIKKEI, FTSE100. These tools, to put it more simply, are needed by the Forex trader to indicate the value of the package of the most important shares included in the market turnover. With indices, trading is mainly based on fundamental analysis with a number of distinctive features.
A stock is a trading instrument that gives a right to a share in the ownership of a company. The number of companies whose shares traders and investors can trade has a steady downward trend from year to year. This is due to delisting (cessation of quotation), transfer to private ownership or redemption.
Despite these statistics, stocks continue to be a popular trading tool among traders because of their high liquidity and the possibility of a large selection.
Stocks are traded on the stock exchange, however, the trading terminal also has such an opportunity. Work with stocks is less dynamic compared to trading currencies or precious metals. But such trading has many supporters.
MetaTrader 4 is trustworthy, primarily due to its smooth operation. This platform is not one of those that fail at the most crucial moment. In addition, with it you can trade even on mobile devices.
One of the main disadvantages of MetaTrader 4 is that this platform cannot work as a Forex trading platform based on a web application. To work with it, you first need to download it, and then install it.
Treasury bonds are freely traded debt obligations of the US government, which are backed by their long-term stability and trust. The four types of bonds that are traded with the largest volumes are: 10-year, 30-year, 5-year and 2-year bonds.
If you have a Mac operating system, this can complicate your work, as the MetaTrader 4 platform does not support OSX, nor can it work in a browser. But still there is one opportunity to work with this platform on a Mac. Admiral Markets will help you with this. This broker gives its traders access to the original application, with all its original characteristics.
MetaTrader 5 offers traders a wider range of instruments for foreign exchange trading, and this significantly expands the range of trading opportunities. It will be easier for you to determine the optimal signals for entry and exit and, accordingly, to make big profits.
MetaTrader 5 can’t work in the browser yet, like the previous version of this platform, but it supports almost all mobile devices and operating systems.
MetaTrader 4 and 5 are definitely leaders among Forex trading platforms, if you prefer mobile trading.
You learned about six groups of trading instruments that are leaders in the preferences of active traders: futures, mini-contracts of futures (e-mini), exchange-traded funds (ETFs), currency pairs, stocks and bonds.