Connect with us

Demo Trading

How Libertex empowers new traders to make responsible choices

Forex trading has seen a steady rise in popularity in recent years. Even in the wake of the volatility caused by the COVID-19 pandemic, people seek new opportunities by trading on the financial market, which has never been more accessible thanks to modern tech trading platforms.

A quick glance at what the Libertex platform has to offer

Forex trading has seen a steady rise in popularity in
recent years. Even in the wake of the volatility caused by the COVID-19
pandemic, people seek new opportunities by trading on the financial market,
which has never been more accessible thanks to modern tech trading platforms.

Increasingly sophisticated online trading services enable
anyone to become a trader from the comfort of their own home. Long gone are the
days of having to call your broker during business hours to check your
portfolio. With several exchanges now boasting sleek smartphone apps,
everywhere from the living room couch to the subway commute can be an
opportunity for trading 24/7 in a global market that’s constantly on the move.

The younger generation is already used to having an app
for everything-shopping, moving, groceries, traveling, dating, etc. Now
trading is just as easy. But this doesn’t change the risk involved to ordinary
people. The same tech platforms that make it so attractive to take the plunge
into trading should also take responsibility for making sure that new traders
know what they are getting into. Not only should users be able to easily
understand the interface on their screens, but they should also quickly grasp
the fundamentals of how the market works, and how to make good decisions in

From beginner to

Libertex is one such
trading platform that has made its mission to equip new traders with all the
information they need to become experts. With over 20 years of financial market
experience, Libertex has long been at the cutting edge of the development of
the forex market and a major player in the finance industry.

Libertex was already well known for its
industry-leading platform MetaTrader 4, which is preferred by advanced
professional traders and investors. But Libertex’s founders want to make
trading financial assets accessible to everyone. The company’s other platform,
simply called Libertex, does just that.

Available on the web or as a smartphone app,
Libertex offers 24/7 access to over 240 financial instruments, including
currencies, stocks, ETFs, oil and gas, metals, and cryptocurrencies. This makes
it especially suited for the modern trader who needs to manage a diverse
portfolio in today’s fast-moving international market. Like many popular new
trading platforms, Libertex attracts new traders with zero spreads and high
leverage. But what makes it stand out is its commitment to the education of its

Libertex web terminal, including news & signals

importance of education

There’s always going to be risk involved when
trading in financial markets. It’s part of the excitement of trading itself.
But you won’t be able to win in the long term if you don’t learn how to play
the game, and anyone who doesn’t put in the effort is bound for disappointment.

Price charts, indicators, signals, and
oscillators to help users identify market trends and future currency price
shifts. But all the trading tools in the world won’t help someone who doesn’t
know how to use them effectively. Technical aids also work in hand with mindset
training-developing the discipline, patience, and judgment necessary to be an
effective trader.

Sadly, not many traders seem to be doing their
homework. According to a 2019 survey by Forex School Online, 58% of traders have
either not paid for any education, books, trade testers or simulators, or have
only bought EA’s/Indicators. 47% did not pay for any education or tools at all!
There is, of course, a wealth of free advice or resources online, but it isn’t
convenient to have to gather all the information from multiple sources.

The potential knock-on effects of a lack of
education can have severe consequences. Take the tragedy of Alex Kearns, who committed suicide
after (according to his relative who works as a financial analyst)
misinterpreting the financial statement from his trading app, Robinhood. It’s
clear that trading apps have a responsibility to communicate simply and clearly
to their users, and offer them the necessary training to understand how the
market works.

best training in trading

Libertex’s main strength is that it is easy to
understand from the get-go. The UI on the app and web terminal is simple and user-friendly,
but the advantages of the platform are much more than just ease of use.

Not only does Libertex provide the best
technological tools for trading, but also the knowledge resources that new
traders need to use them effectively, free of charge. This takes the form of an
extensive education program for beginner traders including webinars, stock
market news briefs, and FAQs.

Just to start with, Libertex’s
education program
covers the basic fundamentals of trading, explains
how to use multipliers responsibility, stop loss and take profit, and how best
to use particular assets. All with reference to the app interface so that the
end user can see exactly how it will look for them. Libertex also offers a
fully functional demo account for prospective traders can practice on, using
all features at no risk to themselves.

article was submitted by Libertex.

in-app video training program (web version)

Combined, this repository of knowledge
contains all the information one needs to learn best practices and make the
good use of the diverse asset classes offered by the platform.

Since its founding in 1997, Libertex has won
over 30 prestigious awards worldwide. Recent accolades acknowledging Libertex
as a finance industry leader include ”Best Trading Platform” at World Finance
magazine’s 2020 Forex Awards, ”Best Trading Platform 2020” from European CEO
magazine, and the dual award of Best Trading Platform and ”Best FX Broker,
Europe, 2020” by Forex Report. The awards consistently praise Libertex for its
ease of use, responsive multi-national customer support, and extensive
education program.

We would encourage anyone interested in retail trading
to register with Libertex and take advantage of
their education program to learn best practices. This goes for experienced
traders as well as beginners. Libertex’s knowledge repository is
ever-expanding, with new tips, news, and training materials being added all the
time. The biggest mistake one can make in life is assuming that one has stopped
For bank trade ideas, check out eFX Plus

Continue Reading

Broker news

Donald Trump blasts ‘fools’ who oppose good Russian ties

US President-elect Donald Trump has posted a progression of tweets censuring the individuals who contradict great relations with Russia as “‘dumb’ individuals, or nitwits”.

Mr Trump promised to work with Russia “to comprehend a portion of the numerous… squeezing issues and issues of the WORLD!”

His remarks came after an insight report said Russia’s leader had attempted to help a Trump race triumph.

Mr Trump said Democrats were to be faulted for “gross carelessness” in permitting their servers to be hacked.

In a progression of tweets on Saturday, Mr Trump said that having a decent association with Russia was “no terrible thing” and that “lone “idiotic” individuals, or simpletons, would believe that it is awful!”

He included that Russia would regard the US increasingly when he was president

Continue Reading

Broker news

Bulls and Bears Took on More Currency Exposure in Week Through January

he most striking improvement among theoretical situating toward the finish of a year ago and the primary session of 2017 is not that modification were little. There was just a single gross theoretical position modification of more than 10k contracts. With sterling apparently not able to maintain even humble upticks, the bears added 13.1k contracts to the gross short position, lifting it to 120.2k contracts.

Or maybe, it is eminent that examiners for the most part added to positions, long and short, as opposed to close positions at the very end of the year. Examiners added to net long outside cash prospects positions, aside from in the Japanese yen and Swiss franc where 2.6k and 2.5k contracts were exchanged separately. Examiners likewise added to gross short positions. Here there was just a single exemption, the Japanese yen. Despite the fact that the dollar shut comprehensively higher in front of the end of the week, every one of the monetary forms we track here, spare the Mexican peso, picked up against the dollar in the three sessions since the finish of the CFTC reporting period.

Every once in a while it is helpful to review why many market members take a gander at the theoretical situating in the cash fates advertise. It is not that the outside trade is essentially a prospects showcase. It is principally an over-the-counter market in which every day turnover midpoints in abundance of $5 trillion a day.

Trade exchanged monetary forms and alternatives represented around 3% of the normal day by day turnover as indicated by the BIS study. Be that as it may, past reviews have discovered some contemporaneous connection between’s market heading and net position changes. We think it additionally offers knowledge into a specific market section of pattern supporters and energy brokers. It is not by any means the only device, yet one of a few data sources.

One ramifications of this is albeit theoretical positions in the money fates market are moderately extensive, it is still little contrasted and the money showcase. Along these lines, it is difficult to see the genuine essentialness of a record vast position, as though there is some market top. At some point, examiners are not driving the costs, possibly there is another fragment, national banks, enterprises, as well as genuine cash that is more essential at any given minute.

We invest some energy taking a gander at gross positions instead of just net theoretical positions, which is the more customary approach. We think a more granular look is frequently fundamental. There is a distinction between short-covering, for instance, and new purchasing, however it appears to be identical in the net. Additionally, the gross position is the place the introduction is not the net position. A net position of zero does not mean the market is nonpartisan. Net positions could be huge, which implies a short press or a negative stun could in any case troublesome. The positions that must be balanced are captured in the gross measure not the net figure.

We find numerous customers are likewise keen on theoretical situating in the US Treasuries and oil. The net and gross short theoretical Treasury position has swelled to new records. The bears added 23.8k contracts to the as of now record net short position, lifting it to 616.2k contracts. The bulls attempted to pick a base and added about 20k contracts to the gross long position, which now remains at 471.2k contracts. These modification prompted to a 3.8k contract increment in the net short position to 344.9k contracts.

The bulls delayed in the oil prospects toward the finish of 2016. They exchanged short of what one thousand contracts, leaving 608.1k gross in length contracts. The bears added 4.1k contracts to the gross short position, giving them 168k. These conformities trimmed the net long position by very nearly 5k contracts to 440.1k.

Continue Reading

Broker news

3 ways to profit in the ‘year of the dollar’

In December, the Federal Reserve raised loan fees for the second time since the Great Recession and included the desire of a 2017 financing cost climb to its gauge. Furthermore, only a couple days prior, the abundantly anticipated minutes from the most recent Fed meeting demonstrated the most hawkish tone from the national bank in two years.

In the meantime, Europe has been dove into political turmoil after a year ago’s Brexit vote and the later abdication of Italy’s leader. Somewhere else, the Bank of Japan proceeds down the way of negative rates and forceful security purchasing.

Put it all together, and it isn’t astounding that the U.S. Dollar Index is up against 14-year highs.

Speculators may have missed so much discussion on account of babble about the Dow Jones Industrial Average at the end of the day almost hitting 20,000. Be that as it may, paying little respect to your assignment to stocks or your venture skyline, this sort of huge picture incline in the dollar implies right now is an ideal opportunity to position your portfolio to benefit and, maybe most critical, to keep away from a portion of the pitfalls that can originate from a solid local cash.

Here are a couple ideas dollar exchanges ought to consider:

Residential plays over multinationals

There’s a considerable measure of seek after shopper stocks in 2017 on account of an enhancing work market and any desires for a jolt under a GOP-controlled Congress and President Donald Trump. In any case, remember that not all retailers are made equivalent especially those with abroad operations that are adversely affected by the wide dissimilarity in monetary standards at this moment.

For example, retailer Wal-Mart Stores Inc.(WMT) said troublesome money trade rates shaved very nearly 2.5% off profit for each partake in the second quarter of 2016. On the other hand consider that in the monetary final quarter of 2016, athletic attire goliath Nike Inc.(NKE) saw its income development cut down the middle because of forex weights, from 12% year-over-year in consistent cash measures to only 6% including real money changes.

To take advantage of the “reflation” exchange that numerous financial specialists are counts on in 2017, you need to represent the headwinds that a solid dollar are making for multinationals at this moment. The most ideal approach to do that is to consider customer plays that do by far most of their business here in the U.S. – for example, Foot Locker Inc.(FL), which has been an uncommon splendid spot in retail throughout the most recent couple of years.

Supported money ETFs

Obviously, in the event that you need a steady portfolio, you can’t just purchase just local centered values. Geographic expansion is similarly as imperative as enhancement crosswise over parts and resource classes. Such a large number of financial specialists keep on holding worldwide plays in light of a legitimate concern for a balanced portfolio, regardless of the possibility that it implies battling a daunting struggle as a result of a solid dollar.

The uplifting news, notwithstanding, is that you don’t need to leave yourself to torment through a solid dollar and a powerless euro when you put resources into Europe. Nor do you need to stress over the yen-dollar conversion standard when you put resources into Japan. That is on account of there’s an entire group of cash supported ETFs to permit financial specialists to put their cash in outside business sectors yet keep away from forex issues.

Consider that Japan’s Nikkei 225 file is up around 25% from its July 2016 lows. The WisdomTree Japan Hedged Equity Fund(DXJ) is up 35% in a similar period on account of assurance from forex issues and a somewhat better-performing rundown of stocks – while the non-supported iShares MSCI Japan ETF(EWJ) is up only 10% in a similar period because of battling a difficult task against a solid dollar.

In the event that you need to differentiate your portfolio comprehensively, you ought to consider supported assets that incorporate the Japan-centered DXJ, the WisdomTree Europe Hedged Equity Fund(HEDJ) to play Europe or the iShares money Hedged MSCI EAFE ETF (HEFA) for developing markets.

Dollar list ETF

In the event that you are searching for an immediate play on a rising dollar as opposed to putting resources into stocks, figuring out how to exchange remote trade can appear like an overwhelming undertaking. Gratefully, there’s the PowerShares DB US Dollar Index Bullish Fund(UUP).

This ETF is attached to the U.S. Dollar Index, which is a measure of the greenback against a wicker container of other worldwide monetary standards including the yen and the euro. It’s a straight money play, however that doesn’t make it straightforward or hazard free. In the event that the dollar debilitates, you’ll lose cash similarly as though you’re putting resources into a stock that has fallen on difficult circumstances. Furthermore, obviously, PowerShares takes a little cut of your speculations en route that indicates 0.8% yearly, or $80 a year on each $10,000 contributed.

Still, in the event that you need to conjecture on the dollar or support against a solid U.S. cash keeping down other worldwide ventures on your rundown, it’s maybe the least demanding approach to do as such for generally financial specialists.

Continue Reading