What To Know Concerning Trading
Trading has always been popular, and as time goes by, it is getting easier. Whereas historically the only way to trade was through a registered broker, today people are able to bypass brokers and do their own trading through the use of trading platforms and software.
There are numerous ways to trade and make money (as well as lose it!) and so the question has to be asked, which way of trading is the best way for you? Well, you will see on this site, that we have provided you with an assortment of information on a number of various trading options so you can get a detailed explanation as to what exactly each trading type is and whether it is suitable for you, depending on your trading education and experience.
We want to point out that we are not advocating self-trading, we strongly recommend and advise that if you have never invested through trades before, you do use the service of a fully qualified and registered stock broker. However, if you understand the risks as well as the benefits of trading yourself, and it is something that you want to do, then hopefully the information on this site will help you.
If you are new to trading check out the trading guide section of this site, for basic information on the various types of trading – Or you can check out the information concerning various trading companies, as guided below. Happy trading!
Best Online Trading Companies
IQ Option originally started as a binary options trading company, however as legislation changed in Europe in 2018, concerning who can trade binary options, IQ Option adapted their offering for the European market. If you are outside the EEA you can still trade in binary options with them, but they now have a wider offering too. They offer CFD trading in:
- 180 stocks with leverages up to 1:5.
- 57 Forex pairs with leverage up to 1:30
- 10 Cryptocurrencies with a leverage of 1:2.
- CFD’s in Commodities with a leverage of 1:20,
- CFD’s on ETF’s with a leverage of 1:5.
All enable a minimum investment of $1.
Please Note: IQ Option is not available in USA, Canada, Australia, Belgium, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran
Please Note: As Of 2nd July 2018 Binary Options Are Prohibited Within The European Economic Area (EEA) For Retail Traders. If You Live Within The EU And Are Not A Professional Trader You Will Not Be Allowed To Trade Binary Options.
CFDs Are Complex Instruments And Come With A High Risk Of Losing Money Rapidly Due To Leverage. Between 74-89% Of Retail Investor Accounts Lose Money When Trading CFDs. You Should Consider Whether You Can Afford To Take The High Risk Of Losing Your Money
XTB Trading a FX and CFD broker, in fact according to their website, they were the highest FX & CFD broker of 1018, as voted by Wealth & Finance International Awards.
XTB also have an excellent trading academy, where you can go through courses to learn all that you need to learn about trading. They have three sections of training; basic, intermediate and premium, with expert available soon.
XTB are an excellent company, highly regulated and easy to do business with. You can check out more about them at our full review.
Please Note: XTB is not available for USA clients – other countries maybe restricted
Plus500 is known around the world as on of the leading providers of Contracts for Difference (CFDs). Their platform enables you to trade in shares, forex, commodities, cryptocurrencies, ETFs, options and indices.
In 2018 Plus500 had over 39million positions opened on their platform, from over 304,000 customers around the world, who collectively produced a traded value of over $1849billion.
Plus500 is available in over 30 different languages and can be used on Apple devices, Android, Windows 10 and web browsers. Check out our full Plus5oo review for more information.
Please Note: Plus500 is not available in USA and Canada.
BDSwiss are a FX and CFD trading company, that enables you to trade in Indices, cryptocurrencies, forex pairs, commodities, and equities.
They are a multi-award winning company, winning best trading app in 2018 from the Mobile Star Awards, and best trading condition in 2019, from World Finance.
Although not as big as the other trading companies we have listed, BDSwiss still produce very impressive figures. They have over 1 million registered accounts; process over 10 million transactions a year, and trae in over 30 billion in FX volume every month.
One thing that we really like about BDSwiss, is their wealth management program. The program is ideal for those who want to manage their investments, diversify their portfolio and look for different ways to make the most out of their capital. They act as an intermediary allowing you to maximise returns by placing your funds with Fund Managers who will invest you capital on your behalf.
Please Note: BDSwiss is not available in USA, Canada, and Japan
For USA and Canada
As we have outlined the top trading companies we recommend, you may have noticed that all of them are not available in the USA and Canada. So what are the options for those of you living in North America? Check out our Nadex review for more options, as they are a leading trading company allowing US/Canadian citizens to trade.