Easy Forex Trading Platform Review
Forex Market OverviewWith a daily turnover of over 2.5 million dollars, Forex Trading is the largest and fastest growing business in the world. Just as other markets trade goods for cash, in Forex currency of one country is traded for the other and the difference of rate or fluctuations between the currencies are the profits or the loss. Hence the universal law of buy cheap and sell for more holds good here too.
In Forex trade, daily fluctuation (assuming it is 1%) is multiplied by 100. This is done by reviewing trading by different brokers and a general ratio drawn that falls between 1:40 and 1:20. Some trading platforms like Easy Forex offer from 1:50 to 1 20. Thus when trading through Easy-Forex trading platform, if the exchange rate of the currency pair you traded increases by 0.6%, you can gain up to 60% profit on your investment. . This can happen in a matter of hours, sometimes in minutes or even in a single working day.
The best part of Forex trading is though the profits may be unlimited, you will never lose the money you invested or risked, the losses may be in the “margin” you speculated. You can trade currencies in pairs of your choice like Euro / US Dollars or Euro / GB Pound etc. Also, the volume of trade may be in a direction the market is moving, and you will still be able to make profits. Irrespective of the increase or decrease of the exchange rate, you can buy Euros and sell it in Dollars or the other way round. One more advantage is to trade in Forex, you don’t need to physically have all the currencies you plan to trade in. You will however need to register with certain trading platforms like Easy-Forex trading platform through a few simple and quick steps, without any obligation. You can then deposit your initial trading amount or the “margin” through a bank account in your country or through your credit card. Unlike other online trading sites, this feature of Easy-Forex trading platform is simple and secure. Once you have finished the registration process, you can start trading.
Why Choose Easy-Forex Trading Platform?Easy-Forex trading platform provides help at each and every step and also one-on-one training so that you can learn all the necessities and tips and tricks of profitable Forex trading. What’s more, Easy Forex provides service in your own language.
Begin by selecting the currency pair and the amount you want to deal in. Then deposit a small amount as collateral or “margin” that is required to facilitate the trade, it may be about 1% of the traded amount. You then need to activate the trade before which, you get to “freeze” the deal. This unique option provided only by Easy Forex trading platform gives you a second chance at changing the terms or your deal or dropping the whole idea if you are unsure. If you are confident enough, you can still freeze the deal for a few seconds and then carry on as it is. When you are in the open position that is when your Forex is being traded, you get to monitor the status online through Easy Forex. You also get to change the terms of the trade like closing it either when you are happy with the profit or when you want to minimize the loss. Trading through Easy Forex trading platform gives you another advantage, you can determine your own “profit rate” meaning the deal closes automatically if and when the desired “profit rate” is reached in the market. Thus once you hand over the deal to Easy Forex, you can go about your business and don’t need to be online or on your system when your deal is in the open position.
The obvious question that may arise in your mind is why choose Easy Forex over other online trading platforms. A few of the plus points have been mentioned above. In addition, with the personalized training from Easy Forex trading platform, Forex trading will be a profitable experience even for a novice. There are neither software downloads required nor any credit card deposits, unlike the other platforms. You only need to deposit a minimal amount as margin trading. Quick registration in Easy Forex trading platform allows you to manage the risk of fluctuating rates. You can also limit or stop loss while trading. They provide you with tools that can make you a smart Forex trader, a feature which you may not get anywhere else except from personal and long timed experience. Trading through Easy Forex is secured and transparent, no hidden costs assured. As a Forex trader on this platform, you get to be innovative and can trade anywhere, anytime. Special features like freeze rate, competitive yet flexible terms for frequent traders, interspersed with spreads and bonuses makes Easy Forex trading platform the strongest contender in its field. Trading through Easy Forex you have complete data security and privacy. Easy Forex actually has reputable and professional business partners who help you with real time quotes.
Visual Trading ExplainedAnother unique feature of Easy Forex is visual trading. Thanks to this, online trading is not only easy but transparent too. This “Trade-Controller”, as it is called at the Easy Forex trading platform, is the ultimate tool in visual trading. You not only get clear and concise details of the profit and loss scenarios but the “inside viewer”, another specialty of Easy Forex, lets you know what other traders on this platform are trading. You get to know the popular currency pair being traded, the best deal direction and the structure of the open deal. It is said that one of the most beneficial features of Easy Forex is the Trade Simulator. The aim is to train you to open and close deals with virtual money, but the environment is real and live. This is an ideal training session for novices and also the trading gurus who need to try out certain trading strategies before using real funds.
With Easy Forex trading platform’s high edge system that has the latest, most sophisticated and advanced technologies at its disposal, you get quotes right up to the second. For a reliable Forex trading platform, Easy Forex is the way to go. You can read more about benefits and advantages of Easy-Forex Platform.
URL : www.easy-forex.com
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