#avatrade close account

[tradecryotocurrency]

Benefits and Risks of Trading Forex With Bitcoin

The forex market is the largest and most liquid market in the world. It's a truly global currency market, open 24 hours a day, seven days a week, everywhere.

As if forex was not dynamic enough, cryptocurrencies like bitcoin have added a fascinating new dimension to currency trading. In recent years, many forex brokers have begun to accept bitcoins for currency trading, with some accepting a variety of other digital currencies as well.

Should you jump in and begin using your hard-mined bitcoins in the forex markets? Find out the risks and benefits first.

KEY TAKEAWAYS

The forex market is dedicated to trading in the world's currencies.

Many forex brokers now accept bitcoin and other cryptocurrencies.

Bitcoin trades benefit from the anonymity and decentralized valuation system the currency represents.

They add a new layer of risk to forex trading, exacerbated by the extreme volatility of crypto-currencies.

A Standard Forex Trade

Before you consider whether to trade forex using bitcoin, it's helpful to understand how a conventional forex trade works.

A forex trade is simply an exchange of one currency for another at its current rate. Unlike tourists who exchange their home currency for local spending money, forex traders are trying to make money off the continual fluctuations in the real value of one currency against another.

Trading a 'Pair'

Imagine you are an American trader betting that the British pound will lose value compared to the U.S. dollar. This is called trading on the British pound/U.S. dollar currency pair (GBP/USD).

You deposit $100 with a forex broker. Assuming the rate of $1 = £0.5, you will receive £50 for your $100. If the GBP/USD rate changes to 0.45, you close the position to 50/0.45 = $111.11. That is, you make an 11.11% profit over your initial $100 deposit.

Most forex trading is conducted in a decentralized fashion via over-the-counter markets. However, the fact that the forex market is decentralized and that bitcoin is considered to be a decentralized digital currency does not mean that the two are equivalent.

The Impact of Decentralization

The key distinction is that, though forex exchanges might be decentralized, the currencies themselves are backed by central banks in the countries that issue them. It's the job of those banks to stabilize the value of their currencies and keep them stable.

Bitcoin and most other cryptocurrencies do not have that support.

A Forex Trade Using Bitcoin

Now consider an example of a forex trade using bitcoin. First, you open a forex trading account with a broker who accepts bitcoins. These include AvaTrade,1 eToro, and LiteForex.2 You then transfer 2 bitcoins from your digital wallet to the forex broker’s digital wallet.

If you want to trade using bitcoin, use only a locally regulated forex brokerage. And avoid using leverage until you know what you're doing.

Assuming the current bitcoin to U.S. dollar rate is 1 bitcoin = $7,500, your deposit of 2 bitcoins is worth $15,000. Now, assume that you want to take a position in British pounds. If the exchange rate is £0.5 = $1, you will receive £7,500. After some time, the GBP/USD rate changes to 0.45, and you square off your position to get $1,666.65 in your trading account. You have made a tidy 11.11% profit and you are ready to cash out.

The Bitcoin Effect

However, suppose that the bitcoin to U.S. dollar rate has changed during this period of time to 1 bitcoin = $8,500. When you withdraw your money in bitcoins, you receive ($16,666.65/$8,500) = 1.961 bitcoins.

$5,332-$11,982

The range in value of a bitcoin over the year ending in July 2020.

Despite the fact that your bet on British pounds earned you an 11.11% profit (from $15,000 to $16,666.65), the fluctuation in the bitcoin to U.S. dollar rate means that you sustain a loss of 0.039 bitcoin or about -2.%. (Initial deposit of 2 bitcoins — 1.961 bitcoins = .039 bitcoin).

However, had the bitcoin to U.S. dollar exchange rate changed to 1 bitcoin = $7,000, you would realize a profit from both the forex trade and the bitcoin exchange. You would have received ($16,666.65/$7,000) = 2.381 bitcoins, a profit of 19.1%.

Increased Unpredictability

This hypothetical example illustrates the big reason to exercise caution when using digital currencies for forex trading. Even the most popular and widely used cryptocurrency, the bitcoin, is highly volatile compared to most traditional currencies.

In the year ending July 24, 2020, the value of a bitcoin ranged from $5,532 to $11,982.

This unpredictability means that the risks associated with trading forex using bitcoin are that much greater.

Beyond the exchange rate fluctuations impacting profit and loss, there are other benefits and risks to consider before trading forex with bitcoin.

Benefits of Trading Forex With Bitcoin

Decentralized Valuations: A major advantage of trading forex with the bitcoin is that the bitcoin is not tied to a central bank. Digital currencies are free from central geopolitical influence and from macroeconomic issues like country-specific inflation or interest rates.

High Leverage: Many forex brokers offer leverage for bitcoin trades. Experienced traders can use this to their benefit. However, such high margins should also be approached with great caution as they magnify the potential for losses.

Low Deposit Amount: A trader can start with as little as $25 with some bitcoin forex trading firms. A few forex trading firms have even offered promotions like a matching deposit amount. Traders should check that the broker is legitimate and appropriately regulated.

Low Cost of Trading: Most forex brokers that accept cryptocurrency are keeping brokerage costs very low to attract new clients.

Security: You don’t need to reveal your bank account or credit card details to make a bitcoin transaction. This is a big advantage in terms of cost and financial security.

No Global Boundaries: Bitcoin transactions have no global boundaries. A trader based in South Africa can trade forex through a broker based in the United Kingdom. Regulatory challenges may remain a concern, but if both traders and brokers are willing to transact, there are no geographical boundaries.

Risks of Trading Forex with Bitcoin

Different Exchange Rates: Bitcoin trades on multiple exchanges and exchange rates vary. Traders must ensure they understand which bitcoin exchange rates the forex broker will be using.

U.S. Dollar Rate Risk: While receiving bitcoin deposits from clients, almost all brokers instantly sell the bitcoins and hold the amount in U.S. dollars. Even if a trader does not take a forex trade position immediately after the deposit, they are still exposed to the bitcoin-to-U.S. dollar rate risk from deposit to withdrawal.

Danger of Volatility: Historically, bitcoin prices have exhibited high volatility. In the absence of regulations, volatility can be used by unregulated brokers to their advantage and a trader’s disadvantage. For example, assume the intraday bitcoin rate fluctuates from $5,000 to $5,300 U.S. dollars per bitcoin. For an incoming deposit of 2 bitcoins, the unregulated broker may apply the lowest rates to credit the trader $10,000 (2 bitcoins * $5,000 = $10,000). However, once the trader is ready to make a withdrawal, the broker may use the lowest exchange rate. Instead of the original 2 bitcoins deposited, the trader receives only 1.88679 bitcoins ($10,000/$5,300 = 1.88679 bitcoins). The unregulated broker may be exchanging bitcoins and dollars at, say, $5,150, and pocketing the difference at the expense of the client.

Security Risks Inherent to Bitcoin: Deposited bitcoins are prone to theft by hacking, even from a broker’s digital wallet. To reduce this risk, look for a broker who has insurance protection against theft.

Risk of Leverage: Using leverage is risky for new traders who may not understand the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions as well.

Asset Class Mixing: Cryptocurrency is a different asset class altogether and has its own valuation mechanism. Trading forex with bitcoins essentially introduces a new intermediate currency which can impact profit and loss in unexpected ways. Any money that is not locked down in a trader’s base currency is a risk.

The Bottom Line

Although cryptocurrencies like bitcoin are gaining popularity, there are still many associated risks. In forex trading, dealing in a decentralized currency that offers global transactions with no fees is an advantage. But the tradeoff is essentially adding a third currency to what was a trading pair.

Traders who want to take on that risk should use only a locally regulated forex brokerage.

[tradingplatform123]

5 DAY TRADING PLATFORMS TO TRADE ONLINE FROM HOME

The day trading platforms have revolutionized the stock and currency markets to unimaginable point, so if you are interested in learning more about this market, it is important to familiarize yourself with them as soon as possible. So, I suggest a site for more about day trading platform https://returnsseeker.com/best/online-financial-planners/.

These online day trading platforms have had a great impact on the current generation, and therefore it is not surprising that there are more and more quality offers at your fingertips.

In turn, this has generated more and more people with specialized financial education , or fully prepared to operate in the foreign exchange market successfully.

What are day trading platforms and what are they for:

Before continuing you need to know that day trading platforms are tools to operate in the markets through the Internet.

In essence, they are applications that show you the movement of the prices of the different financial instruments that are available to them.

This means that if you are a trader, you have the opportunity to analyze the market and then trade based on your own trading or exchange system.

In simpler words: day trading platforms allow you to open and close orders tailored to your particular requirements.

Another important point that you should know is that they can be differentiated according to their purpose; So there are Intraday Operative, Market Analysis and Social Trading day trading platforms.

Understanding Contracts For Difference:

Before introducing you to some of the best day trading platforms of the moment, it is necessary to contextualize the subject a little more, so that you can successfully capture all its essence.

In this sense, it is imperative to explain what Contracts for Difference are - better known by their acronym in English as CFDs - since today most of the negotiations that take place on these platforms are through them.

Contracts for difference:

By definition they are contracts that are established between two parties (the seller and the buyer). The seller must pay the buyer the difference between the current value of an underlying asset, as soon as the contract is completed. But if this difference is negative, it will be the buyer who must pay the seller.

As for the type of asset, it can be a currency, bond, index, share, cryptocurrency , or other financial instrument subject to trading on the platform.

These types of financial derivatives allow traders to take advantage of price increases to carry out long operations, or price decreases, to carry out short operations.

List of day trading platforms:

In the next few lines we will present you 5 trading platforms that operate today, and that will allow you to trade from home.

Each one has its advantages and disadvantages, so take a look at each one before choosing which platform to trade.

1. Plus500:

2. eToro:

3. IQ Option:

4. xtb:

5. Avatrade:

Trading platforms at your fingertips:

The 5 day trading platforms that we have just presented will allow you to trade in large and important financial instruments in the most important markets in the market.

However, it is important to clarify that, if you do not have enough knowledge or the necessary training, you will put your capital at risk. So make sure you don't have the money that you are going to need.

The final recommendation is that you start with demo accounts, so that you understand how the platform works, understand the market and identify how you react to its volatilities; After doing this, you can start working with real money.

[fxasker-blog]

DO Mbtrading OFFER SWAP-FREE ACCOUNTS?

DO Mbtrading OFFER SWAP-FREE ACCOUNTS? Read More http://fxasker.com/question/7ae183d78b1a05b5/ FXAsker

[mystlnewsonline]

The Biggest Market Movers of 2022

What news stories should investors and traders be following to stay ahead of major trends?  During the last half of 2022, there are several important global market movers that are already having a significant impact on the economic and financial health of dozens of nations.  Most reputable brokerage websites include news feeds as part of their standard services.  Account holders should use these resources regularly.  However, the latter half of this year is a time when traders of all kinds should follow the big stories to gauge how volatile the marketplace might become and to decide whether to sit on the sidelines for a few days or weeks. Perhaps the most long-term factor in all global exchanges and economies is the ongoing but ebbing COVID pandemic that began in early 2020.  Along with pandemic news, trading enthusiasts should keep their eyes on the Russia-Ukraine war, energy prices, the continuing equities volatility, the cryptocurrency space, and rising inflation rates in most developed nations.  No single factor has the potential to cause a worldwide recession or recovery.  But taken together, significant events can push financial fortunes in a positive or negative direction.  Here are general details about the news stories that every attentive trader and investor should follow on a daily basis. The End of COVID A deadly virus that began in March of 2020 in a laboratory in Wuhan, China, quickly spread around the earth and ended up taking the lives of millions of people.  Still not fully contained, the pandemic has wreaked havoc on nearly every sector of the international economy.  During the worst months of the spread and infection, hundreds of millions of citizens in dozens of nations were confined to their homes, locked out of public buildings, and forced to subsist on savings. With limited access to food, fuel, and supplies, many people faced national economies that had essentially shut down.  After a series of vaccines were widely distributed, the lockdowns were slowly lifted, and most economic activities began to resume.  But the damage was done because many industries had been irreparably damaged.  Look for continuing surges of viral strains and the possible resumption of lockdowns and business shutdowns. The Russia-Ukraine War In February of 2022, Russian troops invaded the Donbas region of Ukraine ostensibly to assist Russia's large contingent of nationals who reside there.  In reality, the invasion was not much more than a poorly disguised move to acquire resource-rich territory and do battle with a traditional rival.  Although the international community had expected a military clash of one kind or another between the two nations, the invasion prompted quick reactions in commodities and securities markets worldwide.  Major online brokers like AvaTrade typically witness new trading activity during periods of volatility, like petroleum price spikes and just before or after major international military conflicts. As the conflict continues well past mid-year, petroleum, natural gas, and several other major markets have felt the impact of the situation.  Investors, particularly those who follow forex, energy, and commodities sectors, should pay close attention to rumors or substantial news of peace talks between Russia and Ukraine.  If that happens, it could mean a significant reduction in price volatility in numerous markets. Energy Prices and Stock Meltdowns Oil prices were already flying high before the Russian invasion of Ukraine.  After supply lines were interrupted and production decreased, the petroleum spike began in earnest.  Per-barrel prices hit record highs and continue to rise as 2022 reaches well into summer.  Alongside the energy price spiral, investors endured one of the worst securities meltdowns in recent history as most of the top indices lost about 25 percent of their value compared to the beginning of 2022. One of the more troublesome aspects of the drop-off in equities has been a surge in volatility that spooked many major investors.  While mid-year volume and prices appear to have temporarily stabilized, it's possible that the pause will be short-lived.  Since early 2022, the S&P has lost about 20% of its total value. Cryptocurrency Market Losses and Inflations Shortly after the equities collapsed to historical lows, the crypto sector suffered a similar sell-off that saw the major players in the space, like bitcoin and ethereum, sink to lows that hadn't been touched since late 2020.  Compared to the equities, the fall was massive, as bitcoin lost nearly 70 percent of its value between January and June.  Inflation is another ongoing fiscal problem in most developed nations, as government regulators attempt in vain to stop it via interest rate hikes that so far have had little effect.  Numerous developed nations' finance ministers are currently engaged in a rate-hike escalation that shows no signs of abating. Home Read the full article

[officialr2f]

WHICH BEST FOREX TRADING PLATFORM IS FOR BEGINNERS?

You must move through a broker for your monetary exchange needs when you move to the world of forex trading. A Forex broker is the intermediary of the world of forex markets, and it can be challenging for beginners to trust brokers. Instead of doing your research, you can rely on a stable platform that already distinguishes the wheat from the chaff in forex trading.

Forex (FX) trading is conducted online through an electronic trading platform. Many traders are naturally curious about what the best forex trading platform is.

Essentials for Choosing Forex Trading Platform:

It isn’t easy to find the right forex brokers for beginners since there are too many different accounts and traders to choose from. When you start for the first time, it can be not very clear. However, don’t worry. We have your support and will help you select the best forex trading platform to begin making trades immediately.

Three essential advantages come from the best forex brokers for beginners. The first and most significant is a managed and trusted brand that provides a user-friendly web-based platform. Secondly, they offer a wide range of educational services. Third, they have access to market research on quality.

Forex Trading Platform for Beginners:

MetaQuotes Platforms:

Most brokers can provide you with different trading platforms when it gets to trading FX online, but MetaTrader platforms are the most popular. The software was created almost 10 years ago. There are two fundamental options currently provided by MetaQuotes Corp – MetaTrader 4 and MetaTrader 5 – for the trading platform.

MetaTrader 4, also referred to as MT4, is the best forex trading platform in the online trading world. Among brokers and traders, MT4 is such a favorite that they refer to it as the benchmark for online trading platforms.

Advantages of MetaTrader Platforms:

Traders use it to access and open, close, or adjust their fundamental and technical analysis data orders. It also has real-time currency values that are beneficial. Trading on MetaTrader 4 must be offered by any broker that needs to reach a wide audience today. The best forex trading platform has available boatloads of exchange currency pairs and a wide variety of indicators to choose from.

It is easy to use, and it has customizable charts that can be used to point out breakout patterns by any beginner trader. Better still, traders can plug into their experienced and tested the trading platform in their professional advisor programs. An expert consultant called EAs is a system that automatically follows the trade instructions of a trader.

Features That Make Metatrader 4 Is The Best Choice For Beginners:

The trading platform is accessible in over 20 other languages, including English, Japanese, French, Portuguese, Russian, Chinese, Spanish, etc.

It is both mobile and desktop friendly.

Have a broad range of indicators and objects for technical and analytical purposes

It has interactive maps, quotes, and free codebases to encourage option and price response

Integrates with a range of services for expert advisors

The best financial updates and news are available

Easy charts that save features for future access

A fast multi-controlling feature through MT4 multi-terminal tool

Copy-trading functionality that allow new traders to access trading expertise from experienced traders with experience

Top-notch data protection standards

Telephone, chat, and email assistance for 5 days a week

MetaTrader 4:

MetaTrader 4 is a framework designed particularly for FX trading. Since retail Forex is an extremely new industry, before MetaTrader 4 emerged, it did not have trustworthy third party software available. Its stability is one of its best sales points. You can rely exclusively on this platform. It is also equipped with a versatile collection of mobile applications in addition to this. For almost any form of the operating system, like iOS, Android, and Windows, these applications are accessible.

MetaTrader 5:

This is very similar to MetaTrader 4, one of the best forex trading platforms available at this time. MetaTrader 5 is usually slightly faster, facilitates more varieties of orders, comes with a more significant number of metrics, and has some extra features. There are no vast, innovative differences, making MetaTrader 4 redundant, though it is a better platform. What’s nice about MetaTrader 5 both for traders and brokers is that, relative to MetaTrader 4, it can accommodate a more significant number of trading instruments.

Other Trading Platforms:

Plus500 –

Plus500 is a trusted international brand that provides an easy-to-use trading platform for online traders and a complete range of CFD instruments. However, in market analysis and advanced trading methods needed by active traders, Plus500 trails industry leaders.

Plus500 was founded in 2008 and is traded publicly on the London Stock Exchange and is included in the FTSE 250 Index. Plus500 is controlled in three Tier1 and four Tier 2 jurisdictions, making it a safe (low-risk) broker for online trading.

The web-based trading platform Plus500 is highly user-friendly, making it ideal for beginner traders. The Plus500 platform provides only simple features for beginners, making it much less attractive to active traders.

eToro –

For social copy trade and crypto trading, eToro is fantastic and is the top choice in 2021 for both categories. Also, eToro provides an online portal and mobile app that is user-friendly and best forex trading platform for casual investors, even beginners.

Established in 2007, eToro is controlled in two tier-1 and one tier-2 jurisdiction, making it a stable broker (low-risk) for Forex and CFD trading.

For forex and CFD trading, eToro is significantly more costly than most of its peers. Also, relative to its peers, eToro’s selection of conventional research materials and instruments is limited.

IG –

Established in 1974, IG is traded publicly in six tier-1 jurisdictions (LON: IGG) and regulated, making it a safe (low-risk) forex and CFD trading broker.

Regulated and trusted worldwide, IG provides traders with the ultimate package of outstanding trading and analysis instruments, industry-leading training, competitive pricing, and a comprehensive list of tradable products. This wonderful all-round experience has made IG in 2021 the best overall broker.

AvaTrade –

AvaTrade was established in 2006 and is regulated by 3 Tier – 1 jurisdiction and 3 Tier – 2 jurisdictions making it a secure broker (low risk) for trading in Forex and CFDs.

AvaTrade is a trusted global brand best known for offering an extensive range of trading platform options to traders. The testing found that AvaTrade was excellent for copy trading, competitive for smartphones, mostly in line with the pricing and analysis industry average, and a standout for investor education.

In 2021, AvaTrade was ranked the highest in 2021 compared to price pioneers such as IG and Saxo Bank.

XTB –

As a trusted multi-asset broker, due to the xStation 5 trading platform, XTB offers traders excellent customer service and an overall superb trading experience. Due to its comprehensive written content and video resources, one must be impressed with the education offering of XTB. The only downside is currently the lack of live webinars, even though archived recordings are accessible.

Bottom Line:

Although some forex traders can get rich with best forex trading platforms, the large majority won’t. Trading in Forex is risky. Several investment managers have traditionally been able to get rich selling forex.

First, preparation is essential. Try to open a demo account so that you will get used to the platform and trading tools. It is also necessary to read books to learn how to analyze the market and conduct technical analyses. Then, open an account when ready, fund it, and begin trading.

[saad12345]

AvaTrade Further Reduces Crypto Spreads

Avatrade started when Bitcoin abnormally added $500 on April second after gossip that the SEC was at last approving the exchanging of 2 Bitcoin-based Exchange-Traded Funds. This occurred following a report the day preceding in the Wall Street Journal, which asserted that 95% of Bitcoin exchanging is counterfeit.

However, there is a whole other world to the story than meets the eye, and the trick wasn't the main explanation behind Bitcoin's unexpected ascent.

Presently, That's What We Call BOLD.

The April Fool's day trick was more than striking – it was a test to the monetary frameworks that cryptos take steps to subvert – banking and something else. As of now, arrangements are being instituted that reinforce its capacity as a consistently installment medium.

The notorious Wall Street Journal report uncovered a potential joint effort between a US-based Crypto trade 'Coinbase' and the UK installments processor, 'PaySafe'. They intend to dispatch another Visa check card that will empower clients to make installments legitimately from their crypto accounts all through the European Union!

After seven days, we heard that clients would before long have the option to pay for buys on eBay utilizing the 'Moon' installment preparing organization. Furthermore, presently, JPMorgan has extended its blockchain venture for interbank moves to support more than 200 branches.

Spreads Are Dropping

We're not exactly back to the brilliant time of a year ago's final quarter, however close by values, exchanging volumes are additionally expanding, and spreads are narrowing.

Continually driving the pattern, AvaTrade previously diminished its spreads by half in September of a year ago. What's more, presently, we're dropping them by another 33%!

This change reaffirms AvaTrade's situation as an industry-driving merchant with probably the best exchanging conditions available, including super low spreads, forefront stages, and expert help and backing.

Driving Across the Globe … and Beyond!

Directed by six provincial specialists over the globe, AvaTrade has kept up its situation as being one of the most confided in organizations in the business since its initiation well longer than 10 years back.

By keeping up its uprightness in a quickly creating climate, AvaTrade has been reliably upgrading its essence all through Europe, Asia, South Africa and now likewise North America. Furthermore, with its position of authority in cryptos, also, AvaTrade is overcoming Cyberspace, too.

[fxcfdlabo]

Learn more about the popular copy trading platform "DupliTrade"

DupliTrade is a software company founded in 2017, based in London and operated by the D.T. Direct Investment Hub Ltd. DupliTrade is a software company with 11 to 50 employees, an increasing number of affiliated brokers and a copy trading platform that is becoming well known in the broker industry. DupliTrade has already partnered with several brokers, especially AvaTrade, FXDD, MEXGroup, VantageFX, Moneta Markets and others. DupliTrade provides these securities companies with a fully automated trading system that utilizes a highly automated execution mirror system that allows traders to automate trading on the Forex, Index, Commodity, and Cryptocurrency markets. DupliTrade hasn't won many awards since it started offering automated trading softwares in 2017, but it is a very promising company that provide the advantageous and robust automated trading system with brokers and traders. DupliTrade software is available to traders and brokers around the world and supports nine languages including English, Arabic, Spanish, Chinese, Russian, Japanese, Italian and more. DupliTrade exposes about 10 signal providers that DupliTrade itself has strictly assessed and selected, allowing investors to copy from these strategies for free and get a profit. The vision of DupliTrade is to become the leading automated trading platform by simplifying the trading world in order for clients to find professional traders or proven strategy providers easily. The aim of DupliTrade is to provide the experience of a professional trader with everyone. Trading is a difficult area that requires expertise and we need to invest a significant amount of time and energy to obtain expertise, but some people are already aware of market movements and obtain profits. DupliTrade gives all clients the opportunity to follow and learn from professional traders, so clients can start trading like a professional traders from the beginning. To achieve such aims, DupliTrade offers an advanced copy trading system. This allows clients to automate to trade assets such as forex, stock indices, commodities, cryptocurrencies by copying the trading of traders, what is called strategy providers, carefully selected by DupliTrade. All DupliTrade strategies are available free of charge. It is also very popular in the world. To open a free account and start investing with DupliTrade, please visit the page from the button below.

ProsCons・Easy to use thanks to adopting minimal simple interface ・Carefully selected strategy providers ・Excellent support for multiple languages・Minimum deposit $5,000

License owned by Duplitrade

DupliTrade is operated by DT Direct Investment Hub Ltd. The official address is as follows: 74 Archiepiskopou Makariou C’, Amaranton Court, 2nd Floor, Mesa Geitonia, Limassol DupliTrade is Cyprus Investment Companies (CIF) licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 347/17. The license is as follows.

FAQ about Duplitrade

What is DupliTrade?

DupliTrade is a software company founded to provide the best possible automated trading solutions. DupliTrade offers clients a simple and innovative system to automate trading in any financial market. DupliTrade bridges the gap between inexperienced beginner traders and experienced professional traders. DupliTrade's unique solution allows us to copy the exact trades of a professional trader who trades with our own money in a real trading account.

Is DupliTrade a brokerage？

No, DupliTrade is a software company offering technical solutions for automated trading, not a broker offering financial assets or derivatives. In order to use the platform provided by DupliTrade, we need to set up a trading account with a regulated broker partner. The recommended brokerages are AvaTrade, FXDD, VantageFX, and Moneta Markets.

Do we need to install DupliTrade?

The DupliTrade platform is based on the web browser, so we don't have to install any programs or download files to use it, and we never have the inconvenience of being unavailable by our operating system such as Windows, MacOS and Linux.

How can we contact the DupliTrade support team?

Please send an e-mail to "support @ duplitrade.com".

How to get the password

If we need to get a password for the DupliTrade website, please contact DupliTrade support team. If you need to get a password for your own MT4 account, please contact broker you use. As far as your account is linked to DupliTrade's platform, be sure to notify DupliTrade support team in advance in case you change your MT4 password.

How to set up a live trading account with Duplitrade

Register with Duplitrade to link your existing broker's MT4 trading account or choose your preferred broker from the list of available brokers in your country.

Once you open your broker's MT4 trading real account, please deposit your funds.

The minimum initial deposit for live MT4 accounts linked to DupliTrade is $5,000 or the equivalent fiat currency. You will be automatically disconnected from the trading system when it falls below $5,000 or equivalent fiat currency.

I have one account with a broker, can I use it with DupliTrade?

The broker you use must be a DupliTrade partner. Most brokers make you open a different real account and you need to link it with DupliTrade. Contact the broker you use for more details.

Where can I check the trading activity of my live MT4 account?

All trading activity of the linked MT4 live accounts will automatically be displayed on the DupliTrade website or the MT4 terminal of the broker used by the client.

I use a broker that is not a partner with DupliTrade. Can I use DupliTrade?

No. You need to open a live trading account for MT4 of a broker that is affiliated with DupliTrade. The recommended brokerages are AvaTrade, FXDD, VantageFX, and Moneta Markets.

Can I open an account in other basic currencies except US dollars?

Yes. You can become a partner with DupliTrade by using a currency account provided by the broker you use.

Can I trade manually?

Of course, yes. You can trade manually. Through the broker's MT4 terminal/app, you can manually open new trades and close/change the positions of your strategy providers at any time.

Is the client's money kept safe?

DupliTrade is a copy trading platform that helps automate trading. DupliTrade cannot manage your funds that you deposit directly into your account of one of partner brokers of DupliTrade. The recommended brokerages are AvaTrade, FXDD, VantageFX, and Moneta Markets. The 4 brokers mentioned above completely segregate client's money in Tier 1 banks, so NEITHER brokers NOR DupliTrade can use client's money for any reason or method.

Can I withdraw all the money at any time without limits?

Yes. You can withdraw all the money at any time. You can make as many partial withdrawals as you need by ordering directly from broker you use. You can also fully withdraw all assets in your individual broker's MT4 account.

How to disconnect from an active trading system?

You can disconnect at any time from the DupliTrade settings page. If you deselect a strategy, no new trades will be executed, but outstanding transactions are still processed by the strategy provider. Clients with a real account have the option to manually overwrite the trade via the MT4 platform.

What is the strategy of DupliTrade？

DupliTrade's strategy providers are professional traders with many years of experience, and all of them trade with real MT4 accounts and real money. These pro traders have been carefully selected as a result of a lengthy evaluation process by the DupliTrade team. Users can view real-time positions and get updates of e-mail, weekly reports, and enhanced trading analysis. You can create your own bespoke portfolio based on DupliTrade's choice of strategy providers and automatically copy tradings directly to your MT4 account using your chosen broker. The account of the strategy provider is a real account. All strategy providers have real trading with their own money. If the strategy provider you copied makes money on the trade, you also make money, and if the strategy provider you copied makes money on the trade, you also make a loss.

Are the trading activities that clients see on the website "live"?

Yes, it's completely live. Real tradings are displayed in real time toward all active users. State-of-the-art technology allows you to recreate the experts applying trading strategies to different assets. After trying out the free demo, you can set up your own settings and fully automate your trading portfolio with a real MT4 account.

Can I automate trades based on trades by pro traders? Can I control the transaction manually?

Of course. Changes in executions and transactions are automatically reflected in the client's account without client intervention. You can also be in charge of trading at any time and manually change or close outstanding transactions in your account using the MT4 platform.

How does DupliTrade work?

DupliTrade offers you a simple yet innovative way to automate your trading by copying expert traders' activity according to your selected duplication setup.

How to audit strategy providers

DupliTrade has been approached by hundreds of trader candidates and is under the oversight of the fund manager's elite. To become a strategy provider, traders must pass a long and transparent audit process before being activated for their customers. The audit is a continuous and continuous process, ensuring that the audit continues to meet DupliTrade's quality standards.

Audio Process

1：Technical feasibility and account verification ・Validate credibility by conducting a rigorous direct survey into the live trading account status of all candidates. ・Each candidate's trading account is tracked and monitored by the audit team for months. 2：Know the people behind the trader ・A series of contacts and discussions with candidate traders will be conducted to ensure that the candidate traders' knowledge, skills and proficiency about trading in the trading area are genuine. ・Make sure your candidate's profiles and criteria match to understand your maturity as an individual and as an asset manager. 3：Stress test and simulation ・All systems are used for a long time before they are considered in service. ・Check the suitability of your trading strategy for your platform. ・The month DupliTrade team audit gives you a real-time view of how traders react to macroeconomic events and the constantly evolving markets. There are many platforms on the market, not really representing customers, but we can follow dozens or even hundreds of traders. The advantage of using DupliTrade lies in the absolute candidate list of experienced traders we can find on DupliTrade.

Become a DupliTrade Strategy Provider

If you are an experienced trader and want to use your trading skills and become a trading strategy, you can become a strategy provider for DupliTrade. In addition, once you earn revenue from your trades, you'll be able to earn extra income not only from your trades, but also from DupliTrade. DupliTrade's innovative copy trading solution allows your MT4 live account to automatically copy signal providers that client generated.

As a strategic provider of DupliTrade, we can get the following benefits: ・exposed to thousands of clients around the world and become famous ・Thanks to DupliTrade's generous support for clients, we can focus on our trading. ・There is Live Trading Room, where real-time results are displayed toward DupliTrade clients. ・You obtain an additional income of 5 USD per standard 1 lot (= 100,000 currency) trading in the account of 1 follower. However, you can obtain additional income for ONLY profitable transactions, but you NEVER obtain additional income for lost transactions. Try to carry out profitable transactions. EXAMPLE：

The number of followers of trading strategy\( n \)Trading volume of trading strategy\( a \)Additional income from Dupli Trade・\( 5\times n \times a \)USD if you gain profits ・0USD if you gain NO profits

Minimum requirements to become a trading strategy ・You must have an MT4 / MT5 live trading account of the top regulated broker with a minimum balance of above 2000USD. ・To have at least 3 months of transaction history data available for auditing ・Drawdown of 20% or less in the entire transaction period of the account ・To have a net profit of 10% or more during the entire period of opening a real account Revenue calculation method: (Numerical example)

Total trading volume executed in the trading account(Lots)10 lotsTotal trading volume of profitable transactions(Lots)7 lots(70%)Number of followers500Profitable Transaction Generation Volume7(lots) x 500(followers)=3500 lots Total monthly income3500Lotsx5（USD/Lot）= $ 17,500

Please contact support@duplitrade.com when applying to become a DupliTrade strategic provider. If you do not have a DupliTrade account yet, you can open a DupliTrade account by clicking the button below.

The Main Functions of The Strategy Provider

The following are the main features of the strategy provider.

Strategy provider terms:

・Balance - The account balance ・Net Profit – The net profit of all closed and current open positions with interests and commissions ・Floating P/L – The net profit of the current open positions including interests and commissions. ・Equity – The account current equity ・Margin - The account used margin ・Free Margin – The usable margin ・Margin Level – The usable margin level in percent (Equity/Margin)

Market Overview

You can see live quotes and charts of related financial instruments and trading signals. There are four types of trading signals:

Open Buy (Long)-Open a long position, spot buy

Open Sell（Short）-Open a short position, sell credit

Close Buy -Long position closed, spot sale

Close Sell -Close short position,

Partners of DupliTrade

The recommended brokerages are AvaTrade, FXDD, VantageFX, and Moneta Markets.

4 Reasons to Use DupliTrade

Proven transaction performance

If we use DupliTrade, we don't have to be a professional trader to get the same trading performance as a professional trader. Information and historical performance of each trading strategy is available to all investors. Followers can test the past results of professional traders and see how much they can make money by simulating all of them.

Saving time

With DupliTrade, you don't have to waste your own time as you have only to copy a lot of trading strategies. All that followers have to do is set up a followers' own real accounts, deposit and select signal providers to copy professional traders. Next, you need to wait for your account until trading automatically starts.

Reduction of emotional burden

When we make a profit or loss in some transactions, we tend to trade emotionally. DupliTrade improves trading decisions by removing the emotional component and allowing proven strategies to work unaffectedly by such emotion. Trading psychology can be much more complicated than the everyone generally know. If you rely on professional signal providers with a long-term stable strategy, you don't have to worry the happiness and sadness due to tradings.

Reduction of failures of transaction

For newbies, a copy trading service DupliTrade is a very useful trading tool when trading. If newbies suddenly trade, they seem to fail to make money by trading, but DupliTrade allows you to avoid failure of transaction.

How to sign up and start copying transactions

Register DupliTrade fromHERE

Open a brokerage account and link to Dupli Trade

The recommended brokerages are AvaTrade, FXDD, VantageFX, and Moneta Markets.

Select and follow public trading strategies

Real-time tracking and analysis of trading accounts

You must deposit 100USD when you use DupliTrade's services, but you need at least $ 5,000 or currency equivalent for your initial deposit.

Conclusion

A copy trading platform "Duplitrade" is very sophisticated and is trusted and become a partner with many reliable brokers. Duplitrade has always 10 different strategy providers to copy, and they have passed rigorous assessments and are carefully selected, so you can copy with confidence. The user interface provides excellent user friendliness. Duplitrade also provides a large amount of statistical data that provides information about strategy providers' transaction history, reputation, and assets. Traders can track their investments carried out in real time, so they can change automated trading parameters to protect their investments and customize their portfolio for their own convenience. Duplitrade's automated trading system is generally regarded as a high quality and highly advantageous system and is favored by many traders. Please don't hesitate to use Duplitrade. source https://kaigai-invest.blog.jp/duplitrade/introduction/en

[abigailswager]

What are cryptocurrency Brokers?

New Post has been published on https://dashbrokerreview.com/what-are-cryptocurrency-brokers/

What are cryptocurrency Brokers?

What are cryptocurrency Brokers?

If you look at the market and industry today you see that cryptocurrencies are as hot as ever, thou they lost a bit of the hype that was soaring in the end of 2017, they are still the most exciting industry today.

The development and maturing of this industry will affect everyone and people that understand this will benefit more then those that do not, it is just that simple.

This said there are so many IO’s coming out and so many new cryptocurrencies launched that it can become a bit daunting to try to follow all.

There I actually no need for that as with most thing the best ones will stay, and many others will just slowly disappear.

People tend today to trade these cryptocurrencies before that actually invest in them.

The reason for this is clear as when you are trading you are able to make money on the rise but also on the fall of a crypto.

You don’t actually buy or sell any real cryptocurrency and do not need a wallet, what you in fact are doing is trading on the price changes of this cryptocurrency.

As we have seen with bitcoin that dropped after it was at a rate close to the $20,000 back to below $10,000, this move makes many people say that this is a bad investment but they tend to forget that at the beginning of last year Bitcoin did not even pass the level of the $1,000.

What are cryptocurrency Brokers?

Traders today have for trading currencies , indices and commodities always turned to the numerous forex brokers that offering trading services for this , companies, etoro, avatrade and GKFX to just name a few. There literally hundreds of such companies and some are good others are bad.

These companies are often regulated through regulations like Cysec, FSA and other regulatory entities. The regulation required the brokers to work in a certain format to avoid money laundering and at the same time protect the traders from scam brokers.

After this the Binary options Broker came along.

These brokers offered a different kind of trading which also required most of the time a different trading platform. Where forex brokered in general offered metatrader 4 or metatrader 5 from metaquaotes. Or had their own trading platform like etoro binary option brokers used other providers like the trading platform like spotoption .

Now with the new market of Cryptocurrencies there is a new type of broker.

What are cryptocurrency Brokers?

The cryptocurrency brokers.

These brokers also have their own trading platform that is dedicated to trading cryptocurrencies, you will be able to trade these currencies against the main valuate like the USdollar British pounds, euro and other majors. Or you will be able to trade one cryptocurrency against the others, the last one is in general not offered by the forex brokers and might actually be even more interesting to trade then for example Bitcoin against the Dollar.

The Platform is very easy to use and fully mobile compatible because there are still not a huge number of cryptocurrencies that one can trade the platform looks simple and not over crowded.

Trading in MT4 one does for the charting and I have to admit that some of the charts and EA’s that you have in MT4 could benefit the crypto trader. s there is room for improvement in this matter.

Now there are new brokers that are not offering the standard trading platfor

m the Forex industry offers but are going only for thee dedicated cryptocurrency trading platform for example AirsoftLTD.  These brokers like WeberFinance and Xcoinbroker are not regulated but full-service brokers that look to make a name for themselves and establish a broker for the long term.

  They offer leverage and margin like the forex brokers but you are in general also able to fund your account with the cryptocurrencies.

Should you Use a Crytobroker instead of a Forex Broker?

This depends on what you look to trade. The Forex industry will never make cryptocurrencies it is main tradable assets , this you will notice in the daily analysis and market pates as they are more stock, commodities and regular currencies related . same for the market view.

The cryptocurrency broker focusses only one thing and that is cryptocurrencies. So, this is their bread and butter and this you will feel.

Xcoinbroker for example has a very thorough market analysis for its main cryptocurrencies and weberfinance offers a crypto news section on this trading platform.

So yes, if I plan to trade only crypto I rather do this with a broker that is only offering crypto trading.

[ting-ah-ling-blog1]

Trading demo ohne anmeldung

Spread trading has to be achieved in a margin account. With the right guidance, it is easier than you think, but you will need to do your homework before you are ready to trade real money. When you begin stock trading with AvaTrade you're get all you need to have a really good smooth and pleasurable experience. There's absolutely No Insider Trading! Notwithstanding its size, the FOREX doesn't have a concrete location or a central exchange. If you prefer to learn how to trade forex, this may be the optimal/optimally place for you. Oh, yeah, nobody can corner the marketplace. Yet, at the close of the moment, the markets work out all the trades and prepare for a day later. If you're not in the industry to earn money, then you need ton't be in the industry. It is necessary to discover the marketplace and then start demo trading. It's the most traded market on earth. When you get a stock, you have a bit of a publicly traded company. You can get stocks and attempt to offer them at a greater price to create a profit or you sell first and attempt to buy it back at a lowly price to create a profit. It's possible for you to trade stocks any place in the world utilizing the MetaTrader 5 Mobile platform. You could also buy stocks online during the mobile app. Create your portfolio with the addition of stocks you'd like to purchase. Pink sheet stocks are way more risky. http://getanyplatform.com

[parais0-blog1]

Options trading demo account

Follow their trades and choose if you prefer to copy them. Each time they trade, automatically the exact trades are created on your account. CFD trading is a simple and convenient method to trade on the worldwide markets. This sort of trading is quite close to trading actual shares, with the advantage of lower costs and no minimal amounts necessary to go into the marketplace, because the minimal number of CFDs it's possible to buy is one. When you begin stock trading with AvaTrade you are going to get all you need to have a really good smooth and pleasurable experience. Barclays zambia forex forex vs binary choices affiliate programs buy stocks using possibilities you to form an opinion on if a particular binary alternatives for bitcoin don't have any concept of the degree to which instock trades. Trading shares on the internet is presently one of the most well-known trends on the web, alongside financial betting sites and bet spreading brokers. The site displays all open orders in addition to the previous 20 completed, expired or cancelled orders. The Barclays website teaches you how to decide on a memorable word and passcode. To find out more and preferences visit the cookie policy (new window). Discover the margin before making a spread bet to stop from committing too large an amount of money into one trade. There is going to be a big outcry concerning this business before long and I wish to warn everyone not to become involved with them because in the event you do, you stand to drop a bundle. It is likewise feasible to transfer funds from 1 account that's used for trading to a different account that's used for trading. http://getanyplatform.com

[fxasker-blog]

can i run more than one ea at the same time with FxNet?

can i run more than one ea at the same time with FxNet? Read More http://fxasker.com/question/9523767e152b969c/ @Currency Rates @Nildojsantana #AlpariUkClosesOverCurrencyC, #AVATRADE, #DeltaStock2015, #DfMarketsDemoAccount, #DukascopyInstruments, #EtxCapitalLiveAccount, #ExnessTrial2, #ForexAccountGuide, #ForexAccountWikipedia, #ForexBrokerRanking2015, #ForexLotSize, #ForexTradingUdemy, #FortradeDoo, #France40Plus500, #FxcmKeyStatistics, #FXNET, #GLOBALESOLUTIONSHKLTD, #HotforexHeadOffice, #IcmarketsHolidays, #InstaforexEthereum, #MahifxMobile, #Oanda4Cast, #PfgForexPakistanRate, #SwissquoteBroker, #UfxComplaints #CurrencyRates FXAsker

[bestbrokers]

Trading Brokerages

Trading can be in fact a enormous entrance point into the currency market stocks, crypto monies, in addition to being a trader. This kind of trading gives you total accessibility for those supplies of lots of top agents but without the ought to exchange knowingly. This makes it function as excellent for investors or individuals who typically do not need enormous quantities of time and energy to devote into getting and selling best brokers . Given just under we have compiled 5 with the optimal/optimally replicate Trading Brokerages offering use of some enormous scope of those many admired trading platforms which will support one to get probably the most from your backup trading encounter. This can permit one to take part in backup trading all of tools provided from the broker and even some outstanding collection spreads beginning with 1.3 pips. This truly is excellent in the event that you would like to seek out limited pass online trading, also together with Avatrade remaining just one of just a couple of top forex trading brokers to supply this variety of solution.

Digital commerce process, also currency trading best brokers who dive to the money will usually bill a small money commission or commission, as well as thus, offer the money trader using market place at which its own individuals (banks, along with market producers, along with respective dealers ) will swap contrary to each-other by delivering equal predictions and supplies into the system. Dealers socialize within the stage and could thus obtain the most suitable equipment for their transactions in any given moment. Additionally, all orders are all all paired between counter parties from real time. Even today, to allow a coping brokerage needs to become categorized as a legitimate ECN, the agent needs to monitor the DOM (Depth of current market ) in an info window to reveal clients their buy dimensions inside the platform also permit different customers moving to onto all those orders. Put simply traders will need to be capable of seeing the liquidity and also also implement transactions so.

You have already been rumors regarding a option to anticipate the evolution of markets, too whether or not it is in fact right, and it won't take long for traders to manage it. Some assume precisely the exact same, also it looks like the speculation is slowly shifting in reality. Though various processes exist to swap binary alternatives, well-informed retailers concur totally that likely one of the handiest methods to purchase or offer options contracts would be via a trusted online the internet Trading Brokerages. The web utilizes stable payment procedures and gives abundant instructional resources and specialized analysis, as well as allows you to create a demonstration account together with virtual capital that will support you to find out the fundamentals. Per day exchange is that in the event you buy stocks within an inventory then sell the exact claims before current market closes. As day-traders place a ton more organizations in contrast to regular investor, trying to keep charges very low is quite as essential as selling and buying to find an advantage.

[cryptswahili]

The Ins and Outs Of Trading Forex With Bitcoin

The foreign exchange market – in other words, the Forex market – is the globe’s center for purchasing and selling cryptocurrency. Individuals actively engage in the Forex market on a daily basis in the pursuit of opportunity. They deploy short-term and long-term strategies to determine when the right time is to buy or sell a currency pair. FX trading is a lot simpler than it seems. All you have to do is buy a currency pair at one price and sell it at another price so as to make a profit. If you are thinking about taking advantage of this goldmine of an opportunity, start a trading account with a Forex broker that accepts Bitcoins. Now, you can trade Bitcoin, as well as other cryptocurrencies. The FX market has gone blockchain and this is a good thing. Int his article, we will discuss the correct and successful way to trade Forex with Bitcoin

The distinction between Forex and crypto trading

Attention needs to be paid to the fact that Forex trading and cryptocurrency trading are not the same thing, although there are indeed some similarities. The underlying market dynamics of supply and demand that governs the price of the assets is virtually the same. However, the similarities end here. Bitcoin is a digital currency and it does not depend on any government or institution. This currency can be sent directly from one use to the user in a peer-to-peer networks that does not require intermediaries. The players in the Forex market, on the other hand, are extensively regulated, setting high standards for others.

There are other interesting differences. Time trading – Forex time trading is limited to 5 days a week, which means that it closes in weekends. Bitcoin can be traded at any hour of the day and night, as there are no trading limits. Cryptocurrencies represent new technologies, attracting the brightest minds from all over the world. Needless to say, crypto is interesting, but those who trade Forex enjoy much more protection, as brokerage accounts are insured by the government in the case of an unfortunate event. It is difficult to figure out what is the best way to trade. The good news is that you do not have to settle for the one or the other. As the title clearly suggests, you can trade Forex with Bitcoin.

Brief introduction to the benefits of trading Forex with bitcoin

There are countless advantages of trading Forex with Bitcoin. This is what you gain from opening an account with a broker who accepts Bitcoin:

1) High leverage

The fact that leverage in the foreign exchange market is as high as 100:1 may come as a surprise. As far as trading Forex with Bitcoin is concerned, the leverage can reach up to 1:1000. If you happen to be a trader with experience, you can use this to your advantage. You can make profit with small amounts of money. Some FX regulators will no doubt limit the maximum leverage on currency pairs. The good news is that European brokers offer a much higher leverage as compared to their peers. Pay close attention when using high leverage, especially if you have aggressive strategies, and avoid potential loss.

2) Zero transaction costs

You do not incur expenses when buying or currencies in the Forex market. To put it simply, there is no cost of trading Forex with Bitcoin, so start looking into cryptocurrency Forex brokers.  What happens is that the Bitcoin transactions are recorded on the public record, that is, the blockchain, with no involvement from banks or regulatory agencies. You do not have to worry about withdrawal or deposit fees. Keep your eye on the profit.

3) Absence of global boundaries   

Globalization translates into business without boundaries. The FX market has changed radically, in the sense that geographical boundaries are no longer important. You can execute Bitcoin trades from any corner of the globe. For instance, if you are a trader based in Croatia, you can trade through a broker that is based in the United Kingdom. There may be the issue of regulatory changes, yet both parties are willing to go through with the transactions, it will be fine.

How to trade Forex with Bitcoin

To trade Bitcoin, you just need a wallet which is assigned a one-of-a-kind address. As mentioned earlier, the transactions are recorded in the blockchain. Bitcoin is largely considered the currency of the future and it is not hard to understand why. Besides the fact that its progress cannot be stopped, it is a stable option to transact in these economic times that are mostly characterized by inflation. Given the high demand for Bitcoin trading, it is great to see that Forex brokers are doing everything possible to cater to the needs of the client.

Trading Forex with Bitcoin is not exactly brain surgery. Let us take an example. After having opened an account with an FX broker that accepts cryptocurrency such as AvaTrade or Liteforex, you deposit one or two Bitcoins from your digital wallet to the professional’s wallet. Maybe you would like to use the pound sterling. Depending on the exchange rate, you can receive up to £500. You have made some profit and have the possibility to cash out. You can buy and sell on all the Bitcoin trades, no matter in which way the currency is moving. Before you start trading, ensure you are up to date with the latest news, getting invaluable insight into emerging trends and patterns. The moment that you are sure about your position, you can place the trade.

To sum up, it is necessary to forget about old-fashioned ways of trading and look into alternative methods when it comes down to funding your Forex account. There are many FX brokers who accept Bitcoin and allow you to make advantageous global transactions. You will be more than happy with their services and the conditions they impose. Selecting a Forex broker depends on where you are located, what services are available in the area, and, most importantly, your trading style. Jump right in and do not be afraid to use your hard-earned Bitcoins.

The post The Ins and Outs Of Trading Forex With Bitcoin appeared first on ZyCrypto.

[Telegram Channel | Original Article ]

[cryptobrief]

The foreign exchange market – in other words, the Forex market – is the globe’s center for purchasing and selling cryptocurrency. Individuals actively engage in the Forex market on a daily basis in the pursuit of opportunity. They deploy short-term and long-term strategies to determine when the right time is to buy or sell a currency pair. FX trading is a lot simpler than it seems. All you have to do is buy a currency pair at one price and sell it at another price so as to make a profit. If you are thinking about taking advantage of this goldmine of an opportunity, start a trading account with a Forex broker that accepts Bitcoins. Now, you can trade Bitcoin, as well as other cryptocurrencies. The FX market has gone blockchain and this is a good thing. Int his article, we will discuss the correct and successful way to trade Forex with Bitcoin

The distinction between Forex and crypto trading

Attention needs to be paid to the fact that Forex trading and cryptocurrency trading are not the same thing, although there are indeed some similarities. The underlying market dynamics of supply and demand that governs the price of the assets is virtually the same. However, the similarities end here. Bitcoin is a digital currency and it does not depend on any government or institution. This currency can be sent directly from one use to the user in a peer-to-peer networks that does not require intermediaries. The players in the Forex market, on the other hand, are extensively regulated, setting high standards for others.

There are other interesting differences. Time trading – Forex time trading is limited to 5 days a week, which means that it closes in weekends. Bitcoin can be traded at any hour of the day and night, as there are no trading limits. Cryptocurrencies represent new technologies, attracting the brightest minds from all over the world. Needless to say, crypto is interesting, but those who trade Forex enjoy much more protection, as brokerage accounts are insured by the government in the case of an unfortunate event. It is difficult to figure out what is the best way to trade. The good news is that you do not have to settle for the one or the other. As the title clearly suggests, you can trade Forex with Bitcoin.

Brief introduction to the benefits of trading Forex with bitcoin

There are countless advantages of trading Forex with Bitcoin. This is what you gain from opening an account with a broker who accepts Bitcoin:

1) High leverage

The fact that leverage in the foreign exchange market is as high as 100:1 may come as a surprise. As far as trading Forex with Bitcoin is concerned, the leverage can reach up to 1:1000. If you happen to be a trader with experience, you can use this to your advantage. You can make profit with small amounts of money. Some FX regulators will no doubt limit the maximum leverage on currency pairs. The good news is that European brokers offer a much higher leverage as compared to their peers. Pay close attention when using high leverage, especially if you have aggressive strategies, and avoid potential loss.

2) Zero transaction costs

You do not incur expenses when buying or currencies in the Forex market. To put it simply, there is no cost of trading Forex with Bitcoin, so start looking into cryptocurrency Forex brokers.  What happens is that the Bitcoin transactions are recorded on the public record, that is, the blockchain, with no involvement from banks or regulatory agencies. You do not have to worry about withdrawal or deposit fees. Keep your eye on the profit.

3) Absence of global boundaries   

Globalization translates into business without boundaries. The FX market has changed radically, in the sense that geographical boundaries are no longer important. You can execute Bitcoin trades from any corner of the globe. For instance, if you are a trader based in Croatia, you can trade through a broker that is based in the United Kingdom. There may be the issue of regulatory changes, yet both parties are willing to go through with the transactions, it will be fine.

How to trade Forex with Bitcoin

To trade Bitcoin, you just need a wallet which is assigned a one-of-a-kind address. As mentioned earlier, the transactions are recorded in the blockchain. Bitcoin is largely considered the currency of the future and it is not hard to understand why. Besides the fact that its progress cannot be stopped, it is a stable option to transact in these economic times that are mostly characterized by inflation. Given the high demand for Bitcoin trading, it is great to see that Forex brokers are doing everything possible to cater to the needs of the client.

Trading Forex with Bitcoin is not exactly brain surgery. Let us take an example. After having opened an account with an FX broker that accepts cryptocurrency such as AvaTrade or Liteforex, you deposit one or two Bitcoins from your digital wallet to the professional’s wallet. Maybe you would like to use the pound sterling. Depending on the exchange rate, you can receive up to £500. You have made some profit and have the possibility to cash out. You can buy and sell on all the Bitcoin trades, no matter in which way the currency is moving. Before you start trading, ensure you are up to date with the latest news, getting invaluable insight into emerging trends and patterns. The moment that you are sure about your position, you can place the trade.

To sum up, it is necessary to forget about old-fashioned ways of trading and look into alternative methods when it comes down to funding your Forex account. There are many FX brokers who accept Bitcoin and allow you to make advantageous global transactions. You will be more than happy with their services and the conditions they impose. Selecting a Forex broker depends on where you are located, what services are available in the area, and, most importantly, your trading style. Jump right in and do not be afraid to use your hard-earned Bitcoins.

The post The Ins and Outs Of Trading Forex With Bitcoin appeared first on ZyCrypto.

[luxfortuneposts-blog]

All you need to know about forex trading

What is the real situation of foreign exchange trading? Simply put, forex trading is based on currency trading in market activities.

Traders in the foreign exchange market speculate whether the exchange rate will fall or rise. Like other forms of speculation, traders want to buy a currency at a certain price and then sell the currency at a higher price in order to get it from the transaction. Lee.

Therefore, if they think that the dollar is rising against the euro, they can buy a dollar/euro currency pair and the trader will sell it at a higher price to make a profit. However, keep in mind that if they plan to exchange euros for the euro and the dollar strengthens, they will find themselves in a loss state.

Then the trader will lose the money they risked in the deal.

However, there is no way to accurately predict how the currency we want to trade will behave.

Therefore, forex traders “calculate risk based on statistical probability to determine the transaction”.

Do you think so simple?

The biggest misunderstanding for new traders is: get rich quickly

Irregularity, volatility, risk, emotion, personal, stress and fierceness are some of the most commonly used words used by Forex traders to describe their transactions. All of these people have the view that forex trading is far from easy, and definitely not a quick get rich plan.

But can I make money on foreign exchange?

To profit from Forex, you need to understand the strategy and gain enough experience, otherwise you will lose more than your achievements.

The advantage of forex is that you don't need to be under pressure in the competition.

Unlike every different business that competes to create more difficult conditions for everyone, the more individuals working on foreign exchange, the more cash each person will receive, as it will generate more movements and fluctuations in the marketplace. And price fluctuations are what we profit from.

So Forex is a decent business, but is this a reasonable business for everyone?

To end the Forex broker, you first need to learn it. The good news is that foreign exchange learning is not difficult. There are enough free tutorials online. You only need to spend a few months to master everything.

Still, the more important part is the experience. You need to figure out how to use your insight to trade.

But what do you do when you are just a beginner?

You should have three things to end a decent and effective forex broker:

   tutor

   Know how

   Suitable psychological condition

Find an experienced foreign exchange tutor

The initial stage of committing a forex trader tutor is to discover an honest and professional forex coach and trader who is more than just a web merchant.

It must be a perfect match between professional trading ability and guiding qualities in order to learn to trade foreign exchange effectively.

On the other hand, there are many incredible forex traders who are not great mentors, so they are not noticed because they continue to live and live a happy life from the foreign exchange market.

In fact, there is no 100% sure way to let you know if the forex trading instructor you are considering is really a professional forex trader and a shocking mentor.

Just listen to his signal, follow his words, and pay close attention to the bonus. If they rise, there is no reason to worry. If not, please give yourself some questions.

There are many trusted trading platforms where you can trade forex, including Markets.com, iForex, AvaTrade, 24Options, ICMarkets, IronFX and more. (See our list of entire brokers).

Subsequently, all traders must spend as much time as possible when selecting the most important business partners, which will satisfy their trading desires and needs - their forex brokers.

You need to check four aspects at the possible broker: residence, funding, supervision and reputation.

   Residence - If your trading platform's residence is located in a large country with good financial supervision, then this legal infrastructure is likely to often help you recover your assets in the event of a problem.

   Funding - Your funds will be safer in the hands of forex brokers with extraordinary financial support.

   Regulatory - You must know that opening a trading account on a foreign exchange trading platform and making it difficult to register with a regulator still does not guarantee that the broker is legal or that your funds are safe.

   Reputation - Make sure to check positive comments or complaints about your chosen broker on the internet. Especially search for comments or comments about withdrawals.

Lux Fortune is the most popular source for forex signals based on technical indicators.

Luxfortune.com providing forex signals, for more details, visit Luxfortune forex signals

[saad12345]

Avatrade Daily Market Review

US

Avatrade Review The US is "intentionally decimating global request", declared China's legitimate Communist Party Newsletter the day after the White House marked China a money controller – following the most recent Yuan downgrading. The pull of words has constrained previously failing stocks further down.

US lists drove misfortunes yesterday, the Nasdaq losing 3.47%. The move additionally builds odds of additional Fed rate cuts, turning, what Fed Head Powell said was not a pattern, into one. Adding to the weight, the US Defense Department demonstrated Saturday that it would add transitional reach rockets in the Asian locale, this subsequent to pulling out from the boycott agreement with Russia a week ago.

Accordingly, a Chinese unfamiliar service official said that China would not "sit around". Furthermore, in a last body-hammer, Chinese organizations have totally stopped the acquisition of US rural merchandise, taking steps to build levies on them because of Trump's Thursday Tweet.

In the interim, Markit's administrations and composite PMI for the US improved by a half point in July, while the Institute for Supply Management (ISM) introduced a 2-point decrease in non-fabricating exercises.

Asia

Asian business sectors likewise keep draining today, with Shanghai down a point and a third and the Hang Seng and Nikkei contracting not exactly a percent. Australia's S&P/ASX stood out, losing 2.44% today after the country's national bank left loan fees at 1%, this as June's exchange surplus expanded to $8.036 bn.

New Zealand's joblessness rate fell 3 ticks to 3.9% in the year's subsequent quarter, while Japan for the time being accounted for a 0.4% improvement in labor money income and another 2.7% expansion in by and large family spending. The country's driving monetary file, be that as it may, is down a half highlight 93.3 in June. In one more sign that the world is at war, Air China reported yesterday that it was suspending trips to Hawaii.

Europe

Welcome news in Europe is this present morning's processing plant orders from Germany – a 2.5% expansion month-on-month in June, following May's 2.2% withdrawal, which improves the year-on-year figure to - 2.6%. The previous composite and administrations PMIs from that country fell a point, the zone's information staying stable and Britain, France and Italy improving (the previous' administrations by a full point and a ½), while speculator certainty all through the zone tumbled to a sensational low of - 13.7 focuses.

Markets shut in the grim red yesterday, driven by the FTSE's 2.47% dive, dropping it well beneath pre-quarterly profit's benefits. Less welcome, was the British Retail Consortium's declaration the previous evening of the most fragile same-store deals development list in 20 years – since record taking was executed. The UK yesterday reported it would join the US sea security mission in the Persian Gulf, where 2 big haulers have been seized by Iran in the same number of weeks.

Items

With the Chicago Avatrade review Board Options Exchange's VIX instability list hitting 23 short-term, gold, yen and other places of refuge arrived at a pinnacle – $1487 per official ounce for gold's situation – and withdrew on what is most likely benefit taking. Strangely, over its end of the week flood, Bitcoin is by all accounts following gold exchanging as the resource's instability starts backing out.

CoinDesk at the beginning of today uncovers that more than 100 thousand new excavators – an overwhelmingly huge level of them in China – have gone online in the past fortnight, raising the blockchain's necessary processing capacity to new records. Oil brokers likewise secured benefits yesterday, pushing costs up from their $54 low, where it shaped a bob starting on Trump-Thursday. Transcending the 55-mark is demonstrating dubious.

Corporate

Japan's Fair-Trade Commission has reported an examination concerning Apple's asserted constraining of firms to give free innovation as a legally binding term – this as offers yesterday dove 5% yesterday. Furthermore, after HSBC's heavenly exchange war profit execution, Disney is likewise expected to report magnificent outcomes today after the US market close. Disney has amazed to the potential gain multiple times out of 10 in the past 2.5 years and beat the S&P benchmark by a proportion of 29:17. Click here to read more about Avatrade