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Comparing Stock Trading to Forex Trading

Making money with your mind, predicting the direction of where the price will go is the dream of many young and not so young people. After seeing or hearing an advertisement for another Forex broker, someone opens an account and starts trading. And someone makes a more significant step by opening a deposit for a…

Making money with your mind, predicting the direction of where the price will go is the dream of many young and not so young people. After seeing or hearing an advertisement for another Forex broker, someone opens an account and starts trading. And someone makes a more significant step by opening a deposit for a large amount with a stock market broker. The stock market, like the foreign exchange market, allows you to get money out of thin air by analysing the price. But to become professional trading, you need market understanding and practice.

Even though the subject itself can draw various opinions, below we will present several advantages of the Forex exchange over the stock market. Keep in mind that if you excel at one of them it is better to pursue it and not become too engaged in both of them simultaneously.

Features of the stock market

Source: FX Empire

The securities market, primarily in the United States, is very well regulated by the relevant authorities. We will conventionally not take a look at other stock markets, because there are other realities and regulations, which will take too much time to wrap your mind around. The task of such regulation (again, in the United States) is mainly to simply ensure the financial security of participants, primarily traders, and to standardize procedures. Investors are protected, the exchange runs smoothly and efficiently, the impact of unfavorable market conditions on the economy is minimized, competition is supported, unfair practices are prevented – this is the ideal regulation. The fee for this is a set of commissions that are paid by players (investors) and other bidders.

For example, in the United States, regulators are represented by the Securities and Exchange Commission (SEC), the Federal Reserve, the Commodity Futures Trading Commission (CFTC), and the National Association of Securities Dealers (NASD). For sure, the number and importance of regulatory institutions will range based on how strict the government is with the Forex trading and how knew it is in one country or another.

To enter the New York Stock Exchange, you need at least $ 2000-5000. For more comfortable trading, larger amounts are needed – $ 10,000 – $ 50,000 and more. The maximum leverage is 1:10, but more often they use 1: 1, 1: 2 or 1: 3. Small leverage reduces the risk of losing money for traders. But usually, the range of the amount of money invested varies to make it affordable and within the reach of anyone who wants to start trading.

It is believed that strategies work better in the stock market than in Forex. This is due to the fact that the stock market offers thousands and tens of thousands of securities, thus, the “share” of traders per 1 share is small. On Forex, however, most players trade the same euro-dollar and pound. As a result, it is easier to predict fluctuations in stock prices in general than in popular currency pairs. This is, simply put, the pressure of competition. There are millions, if not billions, of traders out there trying to figure out the structure and configurations of the Forex market. They are analyzing the political and economic news day and night just to try and predict which direction a specific currency might take.

Features of the currency exchange

Source: Wowplus

You can trade Forex with a minimum deposit of $1-10 (cent accounts). Leverage reaches 1: 500 or 1: 1000. Forex brokers provide a convenient and functional MT4 or MT5 trading platform. There two platforms are fairly similar and yet many experienced traders still prefer the first version – MT4, it is more convenient and familiar for them. But, when you are just a beginner, you definitely need to try out both before deciding which would be your own choice. It is not difficult to open a demo account, the procedure takes several minutes and anyone, regardless of his or her trading experience or lack of it, can do that easily.

Forex trading does not involve large commissions. A trader pays a spread and sometimes a one-time commission for opening a trade. Deposit-withdrawal of money through popular payment systems is carried out from several seconds to several minutes. If you take a look at Plus500 review here which is one of the most prominent representatives of the Forex brokerage industry, this feature of depositing and withdrawal of money is clearly one of the biggest advantages of brokers.

Forex trading advisors are very popular. It is very easy to buy a ready-made robot or order from an experienced programmer-trader according to your own strategy. This will not only save your time and nerve cells, it will also allow you to avoid making small mistakes coming from a human factor.

It should also be borne in mind that a currency pair will never fall to zero or depreciate. On the stock exchange, stock can be worth a couple of cents, having a price of a few dollars a week earlier. Currency pairs in Forex provide movements sufficient for good earnings. The main thing is to correctly determine the vector of this movement (trend), that’s for you earn a profit on Forex trading.

Forex advantages over the stock market

Source: www.udeforex.com
  1. The amount of the starting deposit is minimal.
  2. Easier to open an account and start trading.
  3. Large leverage (more profit).
  4. Ability to create and use trading advisors.
  5. Minimum fees.
  6. Large selection of reliable brokers.
  7. Speed ​​and convenience of account replenishment.

Summary

Source: iCumulate

Both exchanges are of interest for a trader to make a profit. Where to start? It’s easier to do this in the foreign exchange market. But no one bothers you to take a closer look and start trading on the stock market. Both directions are promising. Most often, traders try their hand at both fields and later stop at one thing, which allows them to make a profit. Also, after you gain confidence in both market, it is easier for you to make a fact-based wise decision.

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Online Trading platform SIRIX

best-forex-demo

SIRIX|  Online Trading platform SIRIX Review

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Everyone that has been trading for some time has most likely traded on the metatrader 4 trading platform of metaquotes. This has been the standard in the industry for the last couple of years.

 

But more and more brokers Like CMSTrader and UBCFX are offering alternatives that might suite certain traders even better then the MT4 as they have a lower learning curve and are designed more intuitive.
One of these platforms is the Sirix Trading Platform.
The Sirix Trading platform is

Sirix, a fully packed trading software with numerous with numerous options and special indicators that are designed by the software company to present you with a personalized trading experience.

Positive features and benefits of the Sirix Trading Platform

Ease of Use: if you are a trader you will be able to access your Sirix trading platform and see all your trades and other information at any place and time. The Web-trader is a fully function trading platform that does not require you to do any download. This has more or less become the norm of the industry and if you for example take the Sirix Trading platform of LegacyFX you will be able to have a download desktop version, a web version and a mobile version.
these in general all have the same functionalities but of course is the mobile version a bit more limited due to the smaller screen real estate.

Indicators and Options: this platform provides build I more than 50 Indicators which for most traders is over kill but it does allow most traders to find the right indications to match their trading behavior and trading strategies.

The Charting Package that Sirix provides is easy enough to understand and gives you as a trader all the information you need, there are different time frames that in combination with the ability to display lines and annotations make this platform feel like it is designed for you.

Social Trading: Sirix has a full feature social trading module that allows you to watch the trades of others which might give you new insights and trading ideas. If you come a across a trader that is particular successful you are able to copy that traders’ trades and create a full automated copy trader,
You as the trader are still in charge and you have the option to trade with lesser or higher amount then the trader you are copying.
In order to use the social trading, you have to open an account with their social trading community.

This can only be done by using a nickname an order to protect you identity. When you are part of the community then you are part of all the brokers that offer this feature to their traders. Meaning you are able to follow a trader that is trading with 12trader while you are trading with account from UBCFX or any other broker that has Sirix.

Now I have to mention that if you look to only trade social then the Etoro Platform is still a better solution s this system is built only for social trading and they have pretty much defined the concept.

 


Sirix Crypto Trading Platform

this is the latest platform that was launched by Leverate.

it focuses , just like the name says more n the trading of cryptocurrencies.

as this company understands that this is the direction where the market is going and more and more traders are asking for trading in Bitcoin or ripple trading to just name a few they have added this feature to the Sirix Platform , this means that every broker that has the sirix trading platform is in theory able to offer trading in cryptocurrencies.

in addition they have launched also a platform that is only trading cryptocurrencies but that will be another review as i have yet to see and play with this system


Conclusion
The Software company Leverate has created a very user friendly platform with inbuilt social trading and news functionality. When they launched this platform in 2012 it was already a good platform but today it rivals the best of them easily.

The Intuitive aspect of this platform is one of the key features and makes the threshold of trading lower for newbies. There is also a fastn amount of Sirix Tutorials out there that will help even the total beginners with the Sirix Platform

Now of the traders that need bots and more indicators then there sis still nothing that beats the metatrader 4 trading platform but for many traders Sirix offers more then enough and makes the trading experience easier then with MT4.
More and more brokers are offering this alongside their other trading platform so you as a trader will come across more and more brokers that have the Sirix Trading platform in their arsenal.

These are some of the Best Broker for trading on Sirix

UBCFX
LegacyFX
12Trader
CMStrader

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Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Bringing DLT Specialists Together:

 

 On September 11, Sweden will host Blockchain & Bitcoin Conference Stockholm organized by Smile-Expo – international coordinator of business events.

The conference will introduce various topics regarding blockchain and will drive attention to the most topical problems of the cryptocurrency market today.

Key speakers:[yasr_overall_rating]

One of the invited experts is the Member of Swedish Parliament Mathias Sundin who is involved in the Tax Committee and the Finance Committee. The specialist has co-founded a revolutionary technological organization Warp Institute and joined financial company Goobit. At the event, the speaker will analyse the power of decentralized systems, evaluating its long-term strenghts.

Head of Digital and Innovation at Landshypotek Bank Merete Salmeling will deliver the presentation, too. She will explain how DLT can be integrated into the real estate, and what advantages it brings.

President of Blockchain Alliance Europe Tanja Bivic Plankar will join the conference as well. Being an initial coin offerings expert, she will share knowledge about ICOs, describe recent innovations in the token sale sphere and talk about the regulatory framework.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

Regulatory and legal challenges coming with innovations will also be discussed by Dr. Guenther Dobrauz-Saldapenna – Partner & Leader PwC Legal Switzerland. The speaker is a lawyer, VC investor, and banking specialist. He provides business consultations and has already written 10 books discovering innovative processes, money and technology.

See the full list of Key speakers here

Blockchain & Bitcoin Conference Stockholm is the second crypto event in Sweden carried out by Smile-Expo. The company has already held 40 successful crypto conferences in 25 countries.

Use an opportunity to meet leading DLT specialists, ask questions and learn new topical information about the blockchain industry at first hand at the conference!

Blockchain & Bitcoin Conference Stockholm

Details of the event and registration are available on the official website of Blockchain & Bitcoin Conference Stockholm.

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Go Visit the Blockchain & Bitcoin Conference Stockholm

Go Visit the Blockchain & Bitcoin Conference Stockholm

The Blockchain & Bitcoin Conference Stockholm is a highly anticipated crypto event in Sweden.  and is being held for the second time.

after the success of the first one they look to make this event a annual one.  since the crypto industry is going more and more out of the shadows and becomes more mainstream you will find that the quality of people involved also grows.

this is clearly displayed in the extensive list of speakers at this event.

Event goals:

bringing together the international business community in order to share their experience of integrating blockchain and cryptocurrencies; discussing blockchain industry issues and finding ways to solve them; encouraging a balanced growth of the cryptocurrency market.

Conference topics: 

  • blockchain in various sectors: energy industry, real property, newsmaking etc.
  • Legal regulation of the blockchain sector
  • token models and their application
  • ICO regulation.

Speakers:

the list of world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers is impressive and should get this event the notice it deserves.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

who should not miss this Event :

investors, business people, lawyers, startup founders, and those aiming to launch a token sale.

why should not miss this Event :

:to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.

Prices of the Event

Standard ticket  – 240 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

Student ticket – 121 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

A valid student ID should be presented at check-in. No refunds on the day of the event.

Buy Your ticket Now


Blockchain & Bitcoin Conference Stockholm is a part of the series of Blockchain World Events held in 25 countries. The organizer is Smile-Expo International Company.

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