Online trading is basically the act of buying and selling financial products through an online trading platform. These platforms are normally provided by internet-based brokers and are available to every single person who wishes to try to make money from the market. With LotsFx you can open trades with some of the most competitive spreads in the industry. We take care of our customers by providing them with further spread discount campaigns!
Forex trading has gained extreme popularity over the last couple of years due to some of its major features.
Forex Trading- Specialty in Forex
The term “commodity currency” is used to refer to the currencies whose value depends largely on the country’s export for raw materials such as oil, precious metals, and agricultural products. There are a number of commodity currencies but some of the most commonly traded in the forex market include the Australian Dollar the Canadian Dollar and the New Zealand Dollar. These 3 currencies are also referred to as the commodity dollars or “comdolls”
MetaTrader 4 platform
MetaTrader 4 is the most popular platform for online trading currently. Due to a large number of graphical tools and integrated indicators, one can conduct technical analysis in real time with ease by simply watching exchange rates and efficiently collecting important data. Order execution is under a second, which allows for a quick response to events and making timely decisions. Different types of orders permit to implement any trading strategy.
You have the right to withdraw funds from your account at any point in time. You will be presented with a variety of withdrawal options. Please choose your preferred method of withdrawing funds and insert the amount to withdraw. Kindly note that in order to withdraw funds from your account, Trading Point must have first received the necessary Identification documents inclusive of Proof of Identity documentation and Proof of Residency documentation.
There are many bonuses offered by brokers with some of them being given to you post-trading, and others are deposited to your account as soon as you have completed a deposit. When it’s time to invest more money into live Forex trading, a deposit bonus will boost your account up — up to 100% of the initial investment. Bonuses that are known as rebates are credited to your account once you have completed a trade, while regular bonuses may require you to carry out quite a number of trades first.
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