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The “Best” Forex Brokers for Beginners (2020): + Complete Guide to Forex

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All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on TheTokenist.io. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid.

The economy is down, employment is down, demand is down… but you know what’s up? The forex market is. Ever since the COVID-19 mess started, the foreign exchange market has seen a 300% increase in trading

This is not a surprise – so many people around the world are under lockdown or out of work, that they decided to trade online and make a buck in the most opportunity-rich environment we’ve seen in years. To be exact, they are exchanging currencies to make a profit, and many of them are beginners.

Even though the forex market seems like a mystery wrapped in an enigma, it really isn’t. It’s just about exchanging currencies as their prices change to make a profit over and over – not that complicated once you get the gist of it.

Maybe you cannot become a pro in a few days, but you can master the basics and start making money fairly quickly – if you have the right learning platform, of course. That’s precisely why this article is in front you – to recommend some of the best forex brokers for beginner traders and tell you how you can get started in the currency business.

Forex brokers are companies that allow you to trade through their trading software – as a newcomer, you want one that’s cheap, easy-to-use, and provides great education. Luckily, we’ve got a few companies just like that lined up for you to check out.

So, let’s check them out, shall we?

Top Forex Brokers for Beginners


Our picks for the leading forex brokers for beginners:

1. eToro
Best for Copy-Trading
2. IG Group
Most Beginner-Friendly Platform
3. Forex.com  
Best Education
4. TD Ameritrade  
Best for Forex and Stocks
5. Oanda
 Best for API Trading
6. Plus500
Best for CFDs

The Best Forex Brokers for Beginners

1. eToro – Best for Copy-Trading

eToro HomepageeToro Homepage

Pros

  • Commission-free stocks and cheap CFDs
  • Excellent, user-friendly platform
  • Copy-trading lets you follow experts and copy their trades

Cons

  • Average forex fees
  • Inactivity fee
  • Basic education

How about we start this list with a broker that has the full package, as well as a little something extra. eToro is one of the top Forex brokers at the moment and is held in high regard by beginners and crypto enthusiasts.

New traders like eToro for many reasons, one of them being a very intuitive platform. This trading software is logical and easy to use, even for complete beginners. To make things easier, the broker has added the so-called Cloud Computing Portfolio to the platform – this allows users to invest in innovative tech companies that have seen high growth during the COVID-19 pandemic.

Trading stocks is commission-free and CFD fees are very low – the only downsides here are the average forex fees and the $5 withdrawal fee that many other brokers don’t have. However, eToro only requires a $200 initial deposit, so you can get started quickly and easily.

eToro’s ace in the hole is called copy-trading. This means you can follow expert traders on the platform and you can see all the trades they make. Then, you can just click a button to copy their trades – very good for learning and making a safe profit.

eToro is a Forex broker with a good reputation and is regulated in The UK, Australia, and Europe. However, American users can only use the broker for cryptocurrency trading.

All in all, eToro’s trading platform suits most kinds of traders, but especially beginners who want to learn the game by watching pros work in real-time.


2. IG Group – Most Beginner-Friendly Platform

IG Group Forex trading PageIG Group Forex trading Page

Pros

  • Extremely accessible and feature-rich platform
  • Low forex fees
  • Great, comprehensive education

Cons

  • High stock CFD fees
  • Inactivity fee

When it comes to user-friendly platforms, IG takes the cake. As one of the top forex trading platforms in the world, this software isn’t just very easy to use, but also has very broad functionality – a combination that both newbies and experts can enjoy. 

Much praise usually goes towards the mobile version of the platform as well. It essentially mirrors the functionality of its browser-based counterpart using less real-estate, which is the best possible scenario when it comes to trading apps.

The prices are very accommodating too – there are no withdrawal fees and the only high commission you’ll come across is for stock CFDs. Unfortunately, IG charges a $12 inactivity fee – but that only activates after your account has been dormant for 2 years.

If you’re serious about getting a comprehensive education, IG is probably one of the best choices you can make. The broker’s educational resources include educational videos, courses, live webinars, as well as tutorials on how to use the trading platform.

IG is a broker with a long and clean track record – it is regulated in 10 countries, but US-based clients aren’t insured in case the company goes bankrupt. All things considered, IG is very well-rounded but especially when it comes to the accessibility of its platform. Check out our in-depth IG review if you think this broker would be a good fit for you.


3. Forex.com – Best Education

Forex.com Forex Trading PageForex.com Forex Trading Page

Pros

  • Very low forex trading fees
  • Accessible and feature-rich platform
  • $50 minimum deposit
  • Great education

Cons

  • Stock CFD fees are high
  • Limited selection of stock, commodity, and ETF CFDs

If you’re all about low forex trading fees then you will probably find Forex.com very interesting. This broker isn’t a perfect medium for stock CFDs, but trading currency pairs comes very cheap – there are also no withdrawal and inactivity fees.

The trading platform might not be as beginner-friendly as the other names on this list, but it has very wide functionality – once you get used to it, you have a powerful toolkit in your hands. The mobile version is often regarded as one of the top forex trading apps and offers customizability, numerous charting tools, recommendations, and an informative newsfeed.

Opening an account is easy and fully digital – it usually takes 1-3 days to get verification and start trading. Also, Forex.com has a very approachable minimum deposit of $50, which is one of the lowest you will come across.

Aside from pricing, education is where Forex.com stands out. There are video tutorials for all levels of forex traders, as well as a detailed course on how to use the platform. Like all brokers on this list, Forex.com also has a demo account which you can use to test your skills by trading with virtual money and with zero risks.

Forex.com is also one of the oldest and most reputable forex brokers around – it’s well-regulated and its parent company – GAIN Capital – is listed on the New York Stock Exchange. All things considered, beginners who want to trade currencies will likely find many advantages with Forex.com.


4. TD Ameritrade – Best for Forex and Stocks

TDAmeritrade Forex Trading PageTDAmeritrade Forex Trading Page

Pros

  • Low fees overall
  • No inactivity and withdrawal fees
  • Gives access to forex and stock markets

Cons

  • Restricted to the US market
  • Slow account opening
  • Deposits are only available via bank transfer

If you’re looking for a broker with a track record, then this is the one for you. TD Ameritrade has been around since the late 70s and is currently one of the top stock brokers in the US. 

TD Ameritrade is also one of the most popular destinations for US forex brokers. This is because it’s good all-around – especially when it comes to prices. All forex trading fees are very competitive and there are no withdrawal and inactivity fees – on top of that, the minimum initial deposit is $0. 

TD Ameritrade has a user-friendly trading software that’s on par with that of other big names here but it also allows you to trade stocks, ETFs, bonds, and all other products typical for stockbrokers. The mobile app offers the full functionality of the browser-based and desktop platforms in a smaller frame.

The educational content is more focused on the stock market but there are a lot of forex-related videos and lessons too. Also, TD Ameritrade’s demo account lets you practice trading in the stock and forex markets – a handy tool for traders who want to do both.

TD Ameritrade is geared towards US clients but is also available in China, Singapore, Malaysia, and Hong Kong.

All in all, this is a broker with a few flaws and a great offer for traders who want access to the forex market as well as the US stock market. If this is something you’d like to explore, check out our full TD Ameritrade review to see if this is the broker for you.


5. Oanda – Best for API Trading

OANDA Forex TradingOANDA Forex Trading

Pros

  • Excellent platform
  • Low fees overall
  • Great fo API trading

Cons

  • Only forex and CFDs are available
  • Web platform doesn’t have price alerts

Maybe you’ve heard about people who use fancy new software to automate their trades. Well, Oanda certainly has, and it’s very welcoming of this new breed of API traders, but it is also considered to be one of the top forex brokers in the US.

API stands for “Application Programming Interface” – basically, this means using an algorithm to automatically trade for you via your platform. Unfortunately, not all platforms are suitable for this kind of trading, but fortunately, Oanda’s platform is. You can use the so-called Algo Lab to make your own trading algorithms and implement them into the platform.

The prices at Oanda are very low but you can only trade forex and CFDs. To make things even easier, there’s no minimum initial deposit and withdrawal fees – the entire application process is quick and completely digital, so you can get set up in about 10 minutes.

Whether it’s customizability, ease-of-use, functionality, or good research, Oanda’s platform has it all – except for price alerts. However, Oanda’s mobile app mirrors the great functionality of its web and browser-based counterparts, plus it has price alerts. Since price alerts usually arrive on your phone anyways, you can argue that this is not an issue. 

Among other things, Oanda provides good educational resources – there are training videos and webinars for all levels, although the courses aren’t organized perfectly. All in all, this broker is a good choice for beginners and tech-savvy traders who want to trade forex and CFDs – take a look at Oanda in more detail if this is the droid you’ve been looking for.


6. Plus500 – Best for CFDs

Plus500 Forex TradingPlus500 Forex Trading

Pros

  • Huge selection of CFDs
  • Low fees all-around
  • Very quick account setup

Cons

  • Only CFDs are available
  • Lacks fundamental data and analyst recommendations
  • Poor educational material

If you’ve decided to become a CFD trader, you might as well go for a broker that solely focuses on CFDs. Plus500 offers CFDs on forex, stocks, stock indices, commodities, cryptos and ETFs – that’s almost every CFD type in existence.

Needless to say, the CFD offer is huge, even compared to other big names on this list – and the platform is very handy too. Plus500’s trading software is user-friendly and offers very fast execution as well as numerous price alerts and order types – everything a CFD trader needs. 

The only real downside is that it’s not customizable, so you might have a hard time organizing your charts. Speaking of charts, the platform has tons of them as well as an economic calendar to help your research. However, there are no analyst recommendations, so you have to look for a third-party source for that.

When it comes to security, Plus500 doesn’t mess around – the broker is listed on the London Stock Exchange and is regulated by top-tier financial authorities in The UK, Australia, Cyprus, as well as 5 other countries. Moreover, the company’s financial data is publicly available, which speaks volumes about its transparency.

Plus500 is on the bottom of this list because it provides very little education and because CFDs aren’t usually where you start as a beginner – roughly 75% of CFD traders here lose money. However, if this is what you’re interested in, take a look at our comprehensive Plus500 review to learn how the platform can give you all the tools you need to trade like a pro.


What is Forex Trading?

The word “Forex” stands for “foreign exchange” – this essentially means exchanging currencies as their prices change to make a profit. Let’s explain this with a real-life example.

Example of a Forex Trade

The USD is going down in value because of the Coronavirus. Meanwhile, the Euro is much more stable and seems like it’s going to increase in value – what can you do with this knowledge? 

picture of foreign currencies that are available for forex trading according to forex trading regulations in the U.S.picture of foreign currencies that are available for forex trading according to forex trading regulations in the U.S.

If you’re a shrewd forex trader, you would exchange USD for EUR as soon as you saw this trend. This way, instead of letting your dollars lose value, you got Euros that are stable. This means that you can sell your EUR for USD at a later date for a profit. 

For example, you exchange 12 USD for 10 EUR in February. A few months later, you can exchange the 10 EUR for 14 USD because the prices changed that much (you increased your money by 17%). BAM! You now have more USD than you used to just by exchanging it to a different currency. Note that the prices quoted here aren’t real – we just used them to make an example.

Something similar to this happened earlier this year, however, that trend is losing momentum. Don’t worry though, the forex world is always full of opportunity – especially nowadays when volatility is high almost everywhere you look. But, to trade currencies, you need a broker first.

⭐️ What You Need from a Forex Broker as a Beginner

First off, we must understand what a forex broker is. A forex broker is a company that acts as a medium between you and the currency market. A broker is the only legal way to directly trade in the markets and they also give you a trading platform as well as other resources you need to trade.

Brokers are usually very accommodating – this is because forex brokers make money by charging commissions for every trade you make. In essence, the more you trade, the more money they make – this is why they want you to be as comfortable and motivated as possible.

That being said, there’s a bucket load of brokers you can choose from – but picking the right one is extremely important. After all, your brokerage should suit your trading preferences and not be a scam (it pays to know how to recognize fraud forex brokers).

If you’re new to the trading game, you might not know what to look for when choosing a good and reliable broker – that’s why we’re here to help. Here are a few questions you need to ask yourself if you want to find a good broker for beginners.

1. Is Your Forex Broker Safe and Reliable?

There are many scams or in some cases brokers that aren’t regulated in your country – meaning, you aren’t insured if something goes wrong. Since having a reliable brokerage is of utmost importance, here’s how to figure out whether a broker is someone you can trust your money with.

  • First off, it should have a long and clean reputation, which many companies don’t. 
  • A broker should be regulated by your country’s top regulator (like the FCA in The UK or the CFTC in The US). This way, your account will likely be under government insurance.
  • If a broker is listed on the stock exchange, that’s a good thing. This means that the company is publicly traded – meaning, it has to be accountable for its stock price to stay high.

🇬🇧 Are you from the UK? Check out the top UK forex brokers.

2. Are Your Broker’s Prices Low Enough?

Brokers charge a fee for every trade you make, as well as some other activities. Ideally, a brokerage should have very low fees for the type of product you’re trading – this will maximize your profits and minimize risks. 

Also, some brokers charge you withdrawal fees when you transfer the money from your account to your bank or e-wallet. There’s also the inactivity fee that will hit you if your account remains inactive for a long time – it’s best if you find a broker that doesn’t charge these fees at all.

3. Is the Trading Platform Easy to Use?

Your broker’s trading platform is your window into the markets. As such, it must be clean, understandable, and easy to use. If trading software is complicated and buggy, it will give you more stress than success. 

A trading platform should allow you to access all its features from the main screen and give you a search option so you can find products easily. The trading software should also provide news, fundamental data about products, and allow you to draw charts (for predicting market trends and such).

In forex, timing is very important – selling a product a minute later rather than sooner can cut your profits just like that.

That’s why platforms let you set up alerts – this means that the broker will send you a notification or an SMS as soon as a product you’re interested reaches the price you want it to. That way, you know as soon as you’re supposed to sell/buy, and you don’t lose out on good opportunities.

4. Can This Broker Help Me Learn to Trade?

As we said earlier, the brokers want you to trade as much as possible – that way, they can make money off of you. This is why many brokers provide educational articles, video lessons, and even comprehensive trading courses so you can get into trading shape.

When choosing your first broker, it should ideally provide excellent educational material. This means high-quality video lessons and courses that start at the basic level and can give you expert-level theoretical know-how. 

Broker teaching a trader how to trade ForexBroker teaching a trader how to trade Forex
As a beginner, it’s imperative to find a broker with excellent educational resources.

After you’re all geared up with knowledge, you should try trading, but not for real. Almost all Forex brokers offer demo accounts – these allow you to trade in the real market but with fake, virtual money.

That way you can get a realistic trading experience but without risking any money. If that goes well, the next step is the real deal.

5. How’s the Broker’s Customer Support?

Forex brokers can have technical difficulties, hidden fees that make your money mysteriously disappear, as well as all sorts of delays and problems. When things aren’t running smoothly, you need to call the broker and ask for help.

That’s why  your brokerage needs to have great customer support. After all, if you’re holding a large amount of money with some company, you need that company to be very, very responsive. Otherwise, as soon as something unforeseen happens and you need help, you’ll get stressed out waiting on the phone for hours on end.

When assessing brokers, make sure to see what user feedback says about their customer support. If you can get in touch with them quickly and if they are helpful, then you’re in good hands.

6. Important – Check for Negative Balance Protection

Brokers let you borrow money to make bigger trades and earn more money. If your trades with this borrowed money are successful, you earn more, the broker earns more via commissions – everyone’s happy. 

But if the deal fails, you have to return the money you lost. This is quite tricky to do, so you should definitely go to a broker that doesn’t let you get in debt. If a forex brokerage has Negative Balance Protection, your account balance cannot go below zero – meaning, you cannot get in debt because of a bad trade.

🏁 How to Start Trading Forex

When a bite is too big to fit in your mouth you have to cut it into reasonably-sized pieces. Same thing here – here are the steps you need to take if you want to enter the exciting and mysterious world of forex. 

🎓 Learn

First thing’s first – you need to learn how forex trading works. You can learn this through tutorials on websites like this one or through your broker’s educational resources. 

Besides knowing how the markets work, you need to know the forex terminology. Don’t worry, there isn’t a lot of it and it’s quite simple to understand. We explain some main Forex terms in the following section of this article.

📝 Make a Plan

Pick the area of the market you understand and like the most. If you find something interesting, it will be much easier to stay on top of the latest developments and know what to do about them.

After that’s done, you need to make a plan. For example, if you plan to trade USD and EUR, you need to keep an eye on current events and trends so that you can predict where the prices are going. This will give you a much greater chance of being right than randomly swinging at something just because everyone else is trying to hit it.

🎯 Find your Perfect Broker

Once you know what’s going on and what you want to do – it’s time to choose a broker. The brokerage you choose should allow you to trade the products you’re interested in and have low commissions for said products. 

👨‍💻 Get Used to the Platform

A platform is much like a kitchen – if you don’t know where everything is, you will have a messy cooking experience. Getting used to a platform isn’t hard – even if the broker doesn’t provide lessons on how to use the software, you can likely figure it out by using the demo account.

📈 Close a Trade

If everything else is in place, then it’s time to test your knowledge and mettle. You need to buy a product, hold it until its price goes up, and sell it. If you can do this once, you can do it twice – and if you can keep doing it, you will profit. 

It’s normal to completely fail with your first few trades. Even if you did great on the demo account, trading with real money is a completely different beast. Believe it or not, we unconsciously behave differently when real money is on the line, which can lead us to make irrational decisions. You need to be aware of this and trade rationally and consciously.

🛠 Repeat and Keep Improving

Just because you made a few good deals doesn’t mean your streak of success will last. At least, not if you get complacent. The markets are always changing and you need to change with them – only this will allow you to make great trades day in and day out over a long period.

A Few Quick Terms for Beginners

At first glance, forex trading will seem like a convoluted mess due to the sheer number of fancy words you don’t understand yet. Luckily, you can probably go through all the terminology in 30 minutes, but for now, let’s see some of the most important terms you can come across while trading.

Spot Forex 

This means buying and selling (a.k.a. exchanging) a real currency. For example, you exchange your USD for EUR – later, you exchange the EUR back to the USD back when the dollar rises in value. That way, you end up with more money at the end of the transaction.

Spread

A spread is the difference between the buying and the selling price for currency pairs. There is one commonality you’ll find when it comes to the relation between commissions and spreads: the price differences tend to be very small for popular currency pairs like the USD/EUR and much higher for more exotic pairs. To profit from a forex trade, your spread must be higher than the commission you paid on the currency pair.

Pip

A pip is a unit that represents 0.0001 of difference in the price of two currencies. For example, if the EUR/USD changes from 1.1811 to 1.1812 – that is a difference of 1 pip. 

CFD 

CFD stands for “Contract For Difference” and it is essentially a bet. You predict where the price of an asset or currency is going to go, and if your predictions come true, you get paid. 

By trading CFDs, you don’t have to buy the underlying asset – this allows traders to bet on price movements of international stock, ETFs, currencies, etc. Note that roughly 70%-80% of CFD traders end up losing money.

Spread Bet

This is essentially the same as a CFD, but it doesn’t incur taxes. This means spread betting will yield more profit if you win, but you can’t get a tax deduction if you lose.

Margin

The margin is the funds that are retained with the broker until the transaction is cleared. If you bet on something for $100 with the plan to reap the rewards late – the 100$ will sit with the broker until the deal goes through. 

🇨🇦 Looking to trade forex in Canada? See our report on the top forex brokers in Canada.

Leverage

Most individual Forex traders don’t have enough money to have huge margins so their earning ability is limited. That’s why brokers offer leverage – this means they will essentially lend you the money so you can make bigger deals.

For example, you want to buy a EUR/USD contract for 1,000 Euros but you only have 100 EUR on your account. If the broker offers 10:1 leverage for EUR/USD trades, this means you can make a 10 times bigger trade with borrowed money – e.g. buy into a $1,000 position with only $100 on your account.

If your trade is successful, great! You got more money than you otherwise would have.

However, if the trade goes bad, you can end up owing your broker money. That’s why you should start your forex experience with a broker with Negative Balance Protection (note: all brokers in the list above have NBP).

How COVID-19 Has Impacted Forex Trading

Forex traders like it when prices are going up and down (a.k.a. high volatility) – that means there’s money to be made. Maybe you’ve already heard it on the news but volatility is very high in the age of the Coronavirus.

CurrenciesCurrencies

At the same time, millions around the world are losing jobs and business revenue. This is why many have turned to the markets – forex trading has quadrupled worldwide. This makes sense since the markets are full of opportunity while the real economy is having a rough period.

The trading conditions as we know today are unprecedented and have brought exciting change. One example of this is the jump in Forex activity in Nigeria, which seems like it’s becoming the new FX capital of Africa.

All in all, the combination of economic lethargy and increased volatility has made forex trading a very appealing prospect for the people of the world. Naturally, brokers are competing to draw the newcomers to their side, so it is as good a time as any to begin trading forex and make a buck.

Is Forex Trading Worth It?

If you’re a good, safe trader, then yes – thousands around the world are making a living just trading forex. However, the FX world is full of profitable and very risky opportunities that often destroy the balances and the confidence of beginners.

A graphic image of Forex trading charts which are used to compile the most comprehenshive list of forex market statistictsA graphic image of Forex trading charts which are used to compile the most comprehenshive list of forex market statisticts

For example, CFD and spread betting are very profitable but roughly 70%-80% of traders lose money on these transactions. Also, making one bad trade while using a lot of leverage can wipe out your entire trading balance. Although high-stakes, high-profit trades are tempting, steady progress and patience are the keys to success here. 

Forex Trading vs. Stock Trading

If you are trying to find a new career path through online trading, you might’ve noticed that there are two types of markets – the forex market and the stock market. Both of these avenues can be very profitable and have their upsides and drawbacks.

✅ Pros of Forex

Ease of Buying and Selling – Since the forex market is a global currency exchange, by definition, it offers huge liquidity. This means you can buy into or sell your positions quickly and at any time. In the stock market, this is much more difficult, as you have to wait for a suitable buyer to sell your assets.

Accessibility – The global forex market is open 24 hours a day, 5 days a week. This means that everyone can access all the world’s markets at any time from any place. 

Contrary to this, international stock traders have to wait until their markets of choice open. For example, Europeans who want to trade in the US market have to wait until evening for the American stock market to open – this requires much time management from the trader.

⚠️ Cons of Forex

Risk and Leverage – Trading currencies can usually only yield a very small profit unless you’re using large amounts of money. This is why forex brokers and banks offer leverage – that means you can trade with money you borrowed from them. 

For example, if your broker offers a 100:1 leverage, that means you can make a $100,000 deal and just use $1,000 of your own money. However, if your highly-leveraged trade goes bad, you can lose all your money on paying back your lender. Contrary to this, some stocks allow you to make large profits with small investments – and less risk overall is required to make a profitable trade.

Knowledge – Forex traders must know how to analyze macroeconomic trends and fundamentals. This is so because currencies respond to nation-level economic activity. On the other hand, although understanding macroeconomics is useful, a stock trader can make solid predictions by focusing on a single sector of the industry.

All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on TheTokenist.io. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid.

, based in London, UK, is a distinguished financial analyst and forex trading specialist with a rich background spanning over 15 years in the financial sector. With a Master's degree in Finance from the Kingston University, he has carved out a niche as a currency strategist for top-tier banks and trading firms globally. Johnathan is a prolific contributor to financial magazines and online trading communities, offering expert analysis on forex market dynamics, trading strategies, and comprehensive broker reviews. His expertise is not just limited to analysis; he is deeply committed to educating traders, guiding them through the complexities of the forex market with clarity and authority. Johnathan's insights are sought after for their thoroughness, precision, and his dedication to empowering traders with knowledge to navigate the forex market confidently.

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Broker Reviews

A Detailed Lovacrypto Review

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A Detailed Lovacrypto Review

Looking for a reliable forex brokerage that puts your trading needs first? Enter Lovacrypto – your gateway to the exciting world of forex trading. With a user-friendly platform, competitive spreads, and a wealth of educational resources, Lovacrypto.com is designed to help traders of all levels succeed in the forex market.

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At Lova Crypto, diverse account options ensure traders of all levels find a suitable platform to engage with the financial markets effectively. The array of account types caters to traders’ varying needs, preferences, and expertise levels, offering a tailored experience that fosters growth and success.

  1. Basic Accounts: Ideal for beginners and those new to online trading, basic accounts offer a user-friendly entry point into financial markets. With a modest minimum deposit requirement, traders gain access to LovaCrypto.com‘s intuitive trading platform, where they can initiate trades across a wide range of assets. Basic accounts are the foundation for building trading skills and familiarity with market dynamics.
  2. Intermediate Accounts: As traders progress, intermediate accounts provide an elevated trading experience with enhanced features and capabilities. These accounts offer access to an expanded suite of trading tools and resources, empowering traders to refine their strategies and optimize their performance. Additionally, intermediate account holders may benefit from personalized one-on-one sessions with seasoned industry experts, gaining valuable insights and guidance to elevate their trading prowess.
  3. Advanced Accounts: Designed for experienced traders seeking advanced functionalities and premium benefits, advanced accounts offer a comprehensive suite of tools and resources tailored to sophisticated trading strategies. With higher leverage options and priority access to exclusive features, advanced account holders can take their trading to the next level, executing trades precisely and confidently. Moreover, advanced accounts may include VIP perks such as expedited withdrawals and dedicated account managers, ensuring a seamless and rewarding trading experience.
  4. Corporate Accounts: For institutional clients and corporate entities, Lova Crypto offers specialized corporate accounts designed to meet the unique needs of businesses in the financial markets. Corporate accounts provide access to customized solutions, institutional-grade trading tools, and dedicated support services, enabling organizations to execute complex trading strategies and manage their portfolios efficiently and precisely.

In addition to the distinct account types, LovaCrypto.com prioritizes trader education, offering a wealth of educational resources and training materials to empower clients with the knowledge and skills needed to succeed in the markets. From comprehensive eBooks and video tutorials to live webinars and seminars, traders can access a robust educational ecosystem that fosters continuous learning and development.

By offering a comprehensive range of account options and extensive educational support, LovaCrypto ensures that traders have the tools, resources, and guidance needed to thrive in today’s dynamic and competitive trading landscape.

Assessing LovaCrypto’s WebTrader Capabilities:

Exploring the functionality and features of LovaCrypto’s WebTrader platform, let’s break down its capabilities into a concise bullet list:

  • User-Friendly Interface: The WebTrader platform boasts an intuitive and user-friendly interface, making it easy for traders of all experience levels to navigate and utilize its features effectively.
  • Multi-Asset Trading: Traders have access to a wide range of tradable assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies, providing ample opportunities for diversification.
  • Real-Time Market Data: The platform offers real-time market data, including live price quotes, charts, and market depth, enabling traders to stay informed and make timely trading decisions.
  • Advanced Charting Tools: Traders can utilize advanced charting tools and technical indicators to conduct in-depth technical analysis. Features include customizable chart layouts, drawing tools, trendlines, and various technical indicators to assist in market analysis.
  • Order Management: The WebTrader platform provides robust order management functionalities, allowing traders to place, modify, and close orders with ease. Features like stop-loss and take-profit orders help traders manage risk and optimize their trading strategies.
  • Social Trading Integration: Traders can directly engage with a vibrant social trading community within the WebTrader platform. Features may include social feeds, trader sentiment analysis, and the ability to follow and copy trades from successful traders.
  • Educational Resources: The platform may offer access to academic resources, including ebooks, video tutorials, and webinars, to help traders enhance their knowledge and skills.
  • Mobile Compatibility: While primarily accessed through web browsers, the WebTrader platform may offer mobile compatibility, allowing traders to access the platform from smartphones and tablets for convenient online trading.
  • Security Features: LovaCrypto.com prioritizes the security of its WebTrader platform, implementing encryption protocols and robust security measures to safeguard traders’ personal and financial information.
  • Customer Support: Traders can access customer support directly from the WebTrader platform, with options for live chat, email support, and comprehensive FAQs to address any inquiries or issues they may encounter.

In summary, Lova Crypto’s WebTrader platform offers comprehensive features to meet traders’ diverse needs. With its user-friendly interface, multi-asset trading capabilities, advanced charting tools, social trading integration, and robust security measures, the platform provides traders with the tools and support they need to succeed in today’s dynamic markets.

lovacrypto trading platforms

lovacrypto trading platforms

Lova Crypto’s Range of Tradable Assets:

At LovaCrypto, traders can access diverse financial instruments spanning various markets, empowering them to explore and capitalize on various opportunities. Whether you’re a seasoned investor or just starting your trading journey, our platform offers the tools and resources you need to thrive. Let’s delve into the array of assets available for trading:

  1. Forex (Foreign Exchange):
    • Engage in forex trading with major currency pairs like EUR/USD, GBP/USD, USD/JPY, and minor and exotic currency pairs.
    • Leveraged trading can amplify your purchasing power and potentially magnify your profits or losses. Leverage allows you to control a larger position with a relatively small investment, but managing risk effectively is essential.
  2. Commodities:
    • Trade diverse commodities, including precious metals like gold and silver, energy commodities like crude oil and natural gas, and agricultural products.
    • Leverage enables traders to access larger positions in the commodity markets, amplifying potential gains or losses. However, it’s crucial to understand the risks associated with leveraged trading and implement risk management strategies.
  3. Cryptocurrencies:
    • Dive into the dynamic world of cryptocurrencies with leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).
    • Leverage allows traders to take advantage of the volatility in the cryptocurrency market, amplifying potential returns. However, before trading cryptocurrencies on margin, it is important to exercise caution and conduct thorough research.
  4. Indices:
    • You can access major global indices, including the S&P 500, NASDAQ 100, FTSE 100, and Nikkei 225.
    • With leveraged trading, you can amplify your exposure to index movements and capitalize on market trends. However, assessing your risk tolerance and implementing risk management strategies when trading on margin is essential.
  5. Stocks (CFDs):
    • Trade contracts for difference (CFDs) on a wide range of individual stocks from global exchanges.
    • Leverage allows traders to access a more extensive range of stocks with a smaller initial investment, potentially magnifying profits and losses. Understanding the implications of leveraged trading and managing risk prudently is crucial.

By offering leveraged trading on diverse assets, LovaCrypto.com provides traders the flexibility and opportunity to pursue their investment objectives. However, it’s essential to approach leveraged trading cautiously and prioritize risk management to safeguard your capital and maximize your potential returns.

Security, KYC/AML Compliance, and Fund Protection

When it comes to online trading, security and regulatory compliance are non-negotiables. Lova Crypto understands this imperative and has implemented robust measures to safeguard user accounts, ensure KYC/AML compliance, and protect user funds.

Advanced Security Measures:

  • Encryption Protocols: Lova Crypto employs cutting-edge encryption protocols, including SSL encryption, to secure user data and transactions. This encryption technology ensures that sensitive information, such as personal details and financial data, remains confidential and inaccessible to unauthorized parties.
  • Two-Factor Authentication (2FA): To enhance login security, LovaCrypto offers 2FA to all users. This additional layer of authentication requires users to provide a unique verification code, usually sent to their mobile device and their password. By requiring both factors for authentication, 2FA significantly reduces the risk of unauthorized access to accounts.
  • Firewall and Intrusion Detection Systems: The platform has advanced firewall and intrusion detection systems that continuously monitor network traffic for suspicious activities and potential threats. This proactive approach helps thwart cyber attacks and safeguard the platform’s infrastructure and users’ sensitive information.

KYC/AML Compliance:

  • Identity Verification: To comply with KYC regulations, LovaCrypto.com requires users to undergo identity verification by submitting valid identification documents and proof of address. This stringent verification process helps verify users’ identities, prevent fraudulent account creation, and mitigate the risk of money laundering and other illicit activities.
  • Transaction Monitoring: Lova Crypto employs sophisticated algorithms and manual review processes to monitor real-time transactions. By analyzing transaction patterns and detecting suspicious activities, the platform can identify and prevent potential instances of money laundering, fraud, and other illicit financial activities.
  • Compliance Oversight: A dedicated compliance team oversees the platform’s KYC/AML procedures, ensuring adherence to regulatory requirements and industry best practices. This team continuously updates internal policies, monitors regulatory developments, and collaborates with regulatory authorities to maintain compliance standards.

Fund Protection:

  • Segregated Accounts: User funds deposited on the LovaCrypto platform are held in segregated bank accounts, separate from the company’s operational funds. This segregation of funds ensures that users’ trading capital remains protected and inaccessible to creditors or third parties, even in insolvency.
  • Regulated Banking Partners: Lova Crypto partners with reputable, regulated financial institutions to provide banking services and custody solutions for user funds. These banking partners adhere to strict regulatory standards, undergo regular audits, and maintain sufficient capital reserves to safeguard client assets.
  • Insurance Coverage: Besides segregation and regulatory oversight, LovaCrypto may offer insurance coverage to protect user funds against unforeseen events, such as cyber theft or insolvency. This insurance policy provides additional financial security and peace of mind for traders.

Lova Crypto maintains a secure and trustworthy trading environment by prioritizing security, ensuring KYC/AML compliance, and implementing stringent measures to protect user funds. Traders can confidently engage with the platform, knowing their assets are safeguarded, and regulatory obligations are diligently met.

Exploring Regulatory Oversight: Understanding LovaCrypto’s Regulatory Status

When considering investing with LovaCrypto, it’s natural to wonder about regulation. Here, we’ll explain what it means for you as an investor.

Concerns about Regulation:

  1. Protecting Investors: Regulations are like safety nets for investors. They set rules to make sure your money is safe and that you have a way to resolve any issues. Without regulation, there may be worries about how well your investments are protected and what happens if something goes wrong.
  2. Keeping Things Fair: Regulations also ensure that markets are fair and transparent. They prevent things like cheating or hiding important information. Without these rules, there could be doubts about everything being done fairly.
  3. Managing Risks: Regulated platforms must follow strict rules to manage risks and keep enough money in reserve. Without regulation, there might be concerns about how well risks are managed and whether there’s enough money to cover losses if things don’t go as planned.

Reassurances and Responses:

  1. Being Open and Honest: Although LovaCrypto isn’t regulated, it believes in being open about how it works. It provides clear information about its policies and procedures so that you know what to expect. This transparency helps you make informed choices.
  2. Building Trust: Lova Crypto has built a good reputation in the trading world, even without regulation. People have had positive experiences and trust the platform. While regulation is nice, knowing others trust the platform can also give you confidence.
  3. Learning and Growing: LovaCrypto wants you to understand trading and the risks involved. They offer many educational materials, like tutorials and webinars, to help you learn. By knowing more about trading, you can make smarter decisions and better protect your investments.

In short, while regulation is important, it’s not the only thing to consider when choosing a platform like LovaCrypto.com. Transparency, reputation, and education also play big roles in building trust. Do your homework and be cautious with any investment, whether the platform is regulated.

Educational Resources at LovaCrypto

LovaCrypto.com prioritizes trader education, offering a range of resources to enhance trading knowledge and skills:


1. Dive into Knowledge

Traders can access a wide range of materials, including webinars, articles, and e-books. These resources cover various topics, from basic trading principles to advanced strategies, catering to traders of all experience levels.

2. Empower Your Trading

The platform provides robust trading tools such as economic calendars, e-books and technical analysis indicators. These tools equip traders with real-time market insights, helping them make informed decisions and seize opportunities as they arise.

3. Elevate Your Trading Journey

Education is key to success in trading, and LovaCrypto is committed to supporting traders on their journey. The platform empowers traders to grow their skills and navigate the markets confidently by offering comprehensive educational resources and powerful trading tools.

Bonuses and Promotions:

LovaCrypto understands the value of rewarding its traders, so it offers a range of bonuses and promotions to enhance their trading journey. Here’s what traders can expect:

  • Welcome Bonus: New traders may be eligible for a welcome bonus from LovaCrypto.com upon signing up. This bonus serves as a token of appreciation for choosing LovaCrypto as their trading platform and can provide them with additional funds to kick-start their trading activities.
  • Deposit Bonuses: LovaCrypto occasionally provides deposit bonuses to incentivize traders to fund their accounts. These bonuses are typically offered as a percentage of the deposited amount, giving traders extra capital to explore the markets and potentially increase their trading opportunities.
  • Referral Program: LovaCrypto offers a referral program where traders can earn rewards for referring others to the platform. By inviting friends, family, or acquaintances to join LovaCrypto, traders can receive bonuses or other incentives when their referrals sign up and begin trading.

Traders should carefully review the terms and conditions of each bonus and promotion LovaCrypto offers. These terms outline requirements or restrictions, such as minimum deposit thresholds, trading volume targets, and withdrawal conditions. By familiarizing themselves with the terms and conditions, traders can maximize the benefits of bonuses and promotions while ensuring responsible trading practices.

Understanding Regulation: Evaluating LovaCrypto’s Regulatory Landscape

Delving into the regulatory aspect of Lova Crypto is crucial for investors seeking security and trustworthiness in their trading platform. Let’s explore the significance of regulation and how it pertains to Lova Crypto.

Raising Concerns about Regulation:

  1. Investor Protection: Regulation serves as a shield, safeguarding investors’ interests and ensuring a level playing field. The absence of regulatory oversight may raise concerns about the platform’s commitment to protecting investors’ funds and resolving disputes effectively.
  2. Ensuring Fairness: Regulatory frameworks uphold fairness and transparency in the market, preventing fraudulent activities and providing equal opportunities for all participants. Without regulatory oversight, questions may arise regarding the platform’s adherence to fair practices and disclosure of vital information.
  3. Mitigating Risks: Regulated entities are bound by stringent risk management protocols and capital requirements, minimizing the likelihood of financial instability and ensuring adequate reserves to cover potential losses. The absence of regulation could lead to uncertainties regarding risk management practices and the platform’s economic resilience.

Addressing Concerns:

  1. Transparency and Accountability: Despite lacking regulatory oversight, LovaCrypto emphasizes transparency and accountability in its operations. The platform provides comprehensive information about its policies, procedures, and security measures, empowering investors to make informed decisions.
  2. Establishing Trust: Lova Crypto has garnered a positive reputation within the trading community, bolstering investor confidence despite the absence of regulation. The platform’s reliability and integrity track record instils trust among users, demonstrating its commitment to ethical business practices.
  3. Empowering Investors: Lova Crypto prioritizes investor education, offering resources such as tutorials, webinars, and educational materials to equip users with the knowledge and skills to navigate the trading landscape effectively. The platform aims to mitigate risks and enhance trading outcomes by educating investors.

In conclusion, while regulatory oversight provides an additional layer of assurance, investors can still find value in platforms like Lova Crypto that prioritize transparency, trustworthiness, and investor education. By conducting thorough due diligence and leveraging available resources, investors can make informed decisions tailored to their financial goals and risk tolerance.

Exploring Financial Transactions with Lova Crypto: An In-Depth Review

As investors navigate the realm of online trading, understanding the intricacies of depositing and withdrawing funds is paramount. Here’s an extensive analysis of the financial transactions process with Lova Crypto, presented from the perspective of a third-party reviewer.


Depositing Funds:

LovaCrypto offers investors many funding methods catering to diverse preferences and needs. From traditional bank wire transfers to modern online payment platforms and cryptocurrency wallets, users have ample choices to initiate deposits seamlessly. The platform’s intuitive interface guides investors through the deposit process, ensuring a user-friendly experience. Moreover, LovaCrypto maintains transparency regarding deposit fees, empowering investors to make informed decisions about their financial transactions.

Withdrawing Funds:

Compliance with Anti-Money Laundering (AML) regulations is a top priority for LovaCrypto, as evidenced by its stringent security protocols and Know Your Customer (KYC) procedures. By implementing robust measures to mitigate the risk of illicit activities, LovaCrypto instils trust and confidence in its investor community. Withdrawal requests are processed efficiently, with the platform striving to expedite transactions and provide timely access to funds. Responsive customer support channels further enhance the withdrawal experience, ensuring investors receive prompt assistance whenever needed.

Regulatory Considerations:

While LovaCrypto operates as a reputable online trading service provider, it’s essential to note that no financial authority regulates the platform. While this lack of regulation may raise concerns among some investors, it’s important to consider Lov Crypto’s reliability and transparency track record. By adhering to stringent security measures and industry best practices, LovaCrypto aims to mitigate risks and protect investors’ interests to the best of its ability.

Summary:

LovaCrypto.com offers investors a comprehensive and secure financial transaction experience cwithdiverse funding options, robust security protocols, and responsive customer support. While regulatory considerations may warrant attention, LovaCrypto’s commitment to transparency and investor protection remains steadfast. As investors navigate their financial journey with Lova Crypto, they can trust the platform’s reliability and dedication to facilitating seamless transactions.

LovaCrypto’s Fee Structure

In the realm of trading, comprehending the financial intricacies is paramount. LovaCrypto provides a comprehensive insight into its fee structure, ensuring users understand the costs involved. Let’s delve into the specifics:


1. Spreads: A Comprehensive Analysis

Spreads, the disparity between the bid and ask prices, are the spreads that are the main income of a broker. LovaCrypto is committed to offering competitive spreads across a spectrum of trading instruments, fostering an environment where users can execute trades with confidence and efficiency.

2. Commissions: Shedding Light on Trade Execution

Beyond spreads, users may encounter commissions and charges levied for executing trades. These fees are explicitly disclosed, enabling users to accurately assess the cost implications of their trading activities. LovaCrypto strives to maintain equitable commission rates, ensuring users receive fair transaction value.

3. Additional Charges: Exploring Beyond Spreads and Commissions

In addition to spreads and commissions, users should be aware of ancillary charges such as inactivity fees or withdrawal charges. While LovaCrypto endeavours to keep these fees to a minimum, users must familiarize themselves with any potential additional costs associated with their trading activities.

4. Fee Transparency: Empowering Informed Decision-Making

Transparency lies at the core of Lova Crypto’s ethos. LovaCrypto.com empowers users to make informed decisions regarding their trading endeavours by providing a detailed breakdown of its fee structure. With a commitment to fair pricing and transparent communication, LovaCrypt.como aims to facilitate a seamless trading experience for all users.

Customer Support:

LovaCrypto strongly emphasises providing exceptional customer support to its users, ensuring a seamless trading experience. Here’s how they make themselves available to assist traders:

Contact Channels:

  • Phone Assistance: Traders can easily contact LovaCrypto’s dedicated support team by dialing +1-718-488-5710. The phone lines are operational 24 hours daily from Monday to Friday, accommodating traders from various time zones.
  • Email Support: For more detailed inquiries or assistance, traders can send their questions to [email protected]. LovaCrypto’s support team endeavours to respond promptly to all email queries, providing comprehensive solutions and guidance.
  • Live Chat Feature: LovaCrypto.com offers a live chat feature directly on its website, enabling traders to engage with support representatives in real time. Clicking on the live chat icon allows traders to initiate conversations and receive immediate assistance with their concerns.
  • FAQ Section: To address common questions and concerns, LovaCrypto maintains a comprehensive FAQ section on its website. This resource serves as a valuable self-help tool, offering quick answers to queries related to account management, trading processes, deposit and withdrawal procedures, and more.

By offering multiple communication channels, including phone support, email assistance, live chat, and a detailed FAQ section, LovaCrypto ensures that traders can access the necessary support and guidance to navigate the platform effectively and address any issues they may encounter.

pros and cons

Pros:

  1. Competitive Spreads: Lovacrypto offers competitive spreads on its trading instruments, ensuring that traders can access the markets at cost-effective rates. Low spreads contribute to reduced trading costs and potentially higher profitability for traders.
  2. User-Friendly Platforms: The trading platforms offered by Lovacrypto.com are user-friendly and intuitive, making it easy for both beginner and experienced traders to navigate and execute trades efficiently. The availability of web and mobile platforms ensures flexibility and convenience for traders.
  3. Global Accessibility: Lovacrypto offers its services globally, providing access to traders from various regions around the world. This global accessibility ensures that traders can participate in the financial markets regardless of their geographical location.
  4. Responsive Customer Support: Lovacrypto.com offers 24/5 customer support to assist traders with any queries or issues they may encounter while using the platform. The responsive customer support team ensures that traders receive timely assistance whenever needed.
  5. Diverse Asset Selection: Lovacrypto provides a diverse range of assets for trading, including forex, commodities, metals, stocks, indices, and cryptocurrencies. This wide selection allows traders to diversify their portfolios and explore different investment opportunities.

Cons:

  1. Limited Transparency: The lack of regulatory oversight may contribute to limited transparency in Lovacrypto’s operations. Traders may prefer brokers that prioritize transparency and adhere to strict regulatory standards to ensure fair and ethical practices.
  2. Risk of Volatility: As with any trading activity, there is always a risk of market volatility, which can result in potential losses for traders. It’s essential for traders to be aware of the risks involved in trading and to use risk management strategies to mitigate potential losses.
  3. Limited Promotional Offers: Compared to some other brokers, Lovacrypto.com may offer fewer promotional incentives and bonuses to attract new traders and reward existing clients. More promotional offers and bonuses could help incentivize trading activity and enhance the overall trading experience.
  4. Limited Account Types: Lovacrypto offers a limited range of account types, which may not cater to the specific needs and preferences of all traders. Having more account options with varying features and benefits could enhance the flexibility and customization options for traders.
  5. Regulatory Concerns: One of the main drawbacks of Lovacrypto is the lack of regulatory oversight. As an unregulated broker, there may be concerns regarding the security of funds and the overall transparency of the platform. Traders may prefer brokers that are regulated by reputable authorities for added peace of mind.

Lovacrypto, AMarkets, and another broker:

FeatureLovacryptoAMarketsTickmill
Global Presence
Low Spread
Multi-Language Support
Number of Assets100+200+N/A
Trading InstrumentsForex, CommoditiesForex, Indices,Forex, Indices,
Commodities,Commodities,
Cryptocurrencies,Cryptocurrencies,
Metals, StocksMetals
Trading PlatformsWeb Trader,Web Trader,MetaTrader 4,
Mobile App (IOS,Mobile app,MetaTrader 5,
Android),MetaTrader 4,Web Trader,
MetaTrader 5TradingView
Account TypesStandard, Raw,Standard, Fixed,Classic, Raw,
ProECNFutures
RegulationNot regulatedRegulated byRegulated by FCA,
FinancialCySEC, FSCA,
CommissionLabuan FSA
Deposit & WithdrawalMinimum DepositMinimum DepositMinimum Deposit
starting from $10$100 USD (Standard$€£100
and Fixed), $200
USD (ECN)
Customer Support24/724/724/7

Explanation and Findings:

  • Lovacrypto and AMarkets offer a global presence and multi-language support, similar to Tickmill.
  • Lovacrypto.com and Tickmill offer low spreads, while AMarkets does not.
  • Both Lovacrypto and AMarkets offer a wide range of trading instruments including forex, commodities, and cryptocurrencies, while Tickmill additionally offers indices, metals, and stocks.
  • Trading platforms vary between the brokers, with Lovacrypto.com providing Web Trader, Mobile App (IOS, Android), and MetaTrader 5, AMarkets offering Web Trader, Mobile app, and MetaTrader 4, and Tickmill offering MetaTrader 4, MetaTrader 5, Web Trader, and TradingView.
  • Account types also vary, with Lovacrypto offering Standard, Raw, and Pro accounts, AMarkets offering Standard, Fixed, and ECN accounts, and Tickmill offering Classic, Raw, and Futures accounts.
  • While Lovacrypto.com and Tickmill are regulated by multiple authorities including FCA, CySEC, FSCA, and Labuan FSA, AMarkets is regulated by the Financial Commission. Regulatory status could be a consideration for traders.
  • Deposit and withdrawal options are available with varying minimum deposit requirements across the three brokers.
  • All three brokers offer 24/7 customer support.

Conclusion

Lovacrypto positions itself as an appealing forex brokerage by offering a user-friendly platform, competitive spreads, and a rich suite of educational resources. This combination is designed to attract and support traders at all levels, from beginners to seasoned professionals. Lovacrypto’s strong emphasis on customer satisfaction, underscored by its around-the-clock support team, reinforces its commitment to providing a supportive trading environment.

Despite these advantages, potential users must consider the brokerage’s limitations, notably the lack of regulatory oversight, which may evoke concerns regarding security and fund safety. However, Lovacrypto’s competitive pricing and robust platform features generally position it as a compelling choice for traders looking to enhance their forex trading efficacy.

In summary, Lovacrypto offers a promising blend of accessibility, functionality, and support, making it a viable option for traders aiming to navigate the complex forex market. Prospective users should weigh its benefits against the inherent risks of a non-regulated entity to make an informed trading decision.

Lovacrypto Detailed FAQs

1. What is Lovacrypto.com?

  • Lovacrypto is an online forex and CFD brokerage that offers trading services in forex, commodities, stocks, indices, and cryptocurrencies across sophisticated trading platforms.

2. Is Lovacrypto.com regulated?

  • No, Lovacrypto.com is not currently regulated by any financial regulatory authority. However, the platform emphasizes its commitment to transparency and best practice standards in the trading industry.

3. What trading platforms are available at Lovacrypto.com?

  • Lovacrypto offers the WebTrader and Mobile Trader platforms. WebTrader is designed for seamless trading through a web browser, while Mobile Trader enables trading on mobile devices with apps available for iOS and Android.

4. How can I open an account with Lovacrypto?

  • You can open an account by registering on their website. The process involves providing personal information, verifying your identity, and fulfilling compliance requirements.

5. What types of accounts does Lovacrypto offer?

  • Lovacrypto offers various account types including Starter, Advanced, Expert, and VIP accounts, catering to different levels of traders from beginners to experienced professionals.

6. Are there any fees for trading with Lovacrypto?

  • Lovacrypto charges fees in the form of spreads and may include commissions depending on the account type. Other fees might include inactivity fees and withdrawal fees. Detailed information is provided transparently on their platform.

7. How do I fund my Lovacrypto.com account?

  • You can fund your account using several methods: bank wire transfers, credit/debit cards, online payment methods, and cryptocurrencies. Each method is guided by easy-to-follow instructions on their platform.

8. What is the minimum deposit required at Lovacrypto?

  • The minimum deposit at Lovacrypto.com depends on the account type, with Starter accounts typically requiring a lower minimum to make it accessible for beginners.

9. How does Lovacrypto ensure the security of my funds?

  • Lovacrypto uses segregated accounts to keep clients’ funds separate from the company’s operating funds. Additionally, they implement robust security measures including SSL encryption and two-factor authentication (2FA).

10. Can I trade cryptocurrencies with Lovacrypto?

  • Yes, Lovacrypto allows traders to trade various cryptocurrencies, offering them the opportunity to engage with the volatile crypto market.

11. What customer support options does Lovacrypto offer?

  • Lovacrypto offers comprehensive customer support through live chat, phone support, and email. These services are available 24/7 to assist with any inquiries or trading issues.

12. What educational resources does Lovacrypto offer to traders?

  • Lovacrypto provides a wealth of educational resources, including live webinars, interactive tutorials, in-depth articles, and e-books designed to cater to traders at all experience levels.

Johnathan Edwards

Johnathan Edwards

The Author Jonathan Edwards, based in London, UK, is a distinguished financial analyst and forex trading specialist with a rich background spanning over 15 years in the financial sector. With a Master’s degree in Finance from Kingston University, he has carved out a niche as a global currency strategist for top-tier banks and trading firms. Johnathan is a prolific contributor to financial magazines and online trading communities, offering expert analysis on forex market dynamics, trading strategies, and comprehensive broker reviews. His expertise is not just limited to analysis; he is deeply committed to educating traders and guiding them through the complexities of the forex market with clarity and authority. Johnathan’s insights are sought after for their thoroughness, precision, and his dedication to empowering traders with knowledge to navigate the forex market confidently.

Forex Trading Risk Disclaimer

Forex trading involves significant loss risk and is unsuitable for all investors. The high level of leverage can work against you and for you, potentially leading to substantial losses, including exceeding your initial investment. Before engaging in forex trading, it’s crucial to carefully consider your financial objectives, level of experience, and risk appetite. Do not invest money that you cannot afford to lose. Seek advice from an independent financial advisor if you have any doubts. The content on this website is provided for informational purposes only and should not be taken as investment advice.


Share ForexYour Experience with Us!

We value your insights and personal stories about trading with Lovacrypto or other forex brokers. Your experiences can provide invaluable guidance to fellow traders and those considering their options in the forex market. Whether it’s about regulation, leverage, cryptocurrency trading, or any other aspect of your trading journey, we’d love to hear from you.

Please leave a comment below to share:

  • Your overall experience with Lovacrypto or another broker
  • Specific features or services that stood out to you
  • Challenges or issues you encountered
  • Advice for traders navigating their broker selection

Your feedback enriches our community’s knowledge and helps traders make informed decisions based on real-world experiences. Let’s build a supportive and informative trading community together!

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Forex Trading Knowledge Questions and Answers

Forex Trading Knowledge Questions and Answers

Forex Trading Knowledge Questions and Answers

What Is A Demo Account?

Demo accounts enable new investors to test their ideas and learn how to use trading technologies without risk. Users can use the demo account to trade with simulated money and see what their returns would be if they traded with real money. Demo accounts are often used in schools and universities to teach investing and compete in trading competitions.

Demo accounts are commonly used by stock traders, currency exchange traders, and commodities dealers, but not by long-term investors. A demo account is less effective since the longer it takes to produce earnings from an investment, the more time it takes away from compounding real money.

 

How Does A Demo Account Work?

Using demo accounts, investors can practice trading on a platform without putting their own money at risk. You will not be exposed to the dangers associated with live trading platforms on a demo account. As a result, you can learn how platforms work without putting your money at danger.

A demo account guarantees that you will not lose money, but it also guarantees that you will not make money. To reduce risk when trading on the real market, traders must learn discipline and establish techniques.

How to Open A Demo Account?

In general, opening a demo trading account is pretty simple. Choose a Broker – Most brokers provide demo trading interfaces to help you become acquainted with the features and create techniques. Choose which broker to use initially.

Registration is necessary, and you must provide your personal information. Name, address, and financial information will be requested. Your identification will almost certainly have to be validated as well.

Once you’ve decided on a broker, you can install MetaTrader4. Once you have decided on a broker, you will require a trading platform. MetaTrader 4 and MetaTrader 5 are the most popular trading platforms.

You will obtain login details after registering with a trading program. You will be able to open an account.

How Long Do Demo Accounts Last?

Traders can use a demo account to test out a program for up to three months before deciding whether to purchase the complete edition. The three-month term is basically offered to guarantee that the prospective buyer has enough information to make them desire to buy.

Why Is It Necessary to Open A Demo Account?

Traders can use a demo account to test out a program for up to three months before deciding whether to purchase the complete edition. The three-month term is basically offered to guarantee that the prospective buyer has enough information to make them desire to buy.

What Are Advantages of A Demo Accounts?

Demo accounts are an excellent method to learn about various trading tactics and software. Paper trading is a lot safer way for a beginner investor to make technical mistakes than real trading. Investors can benefit from the customised trading software provided by each firm.

A demo account lets you to test methods without risking any money, whether you are a novice or an experienced trader. Trading on a demo account allows the trader to test the approach before trading with real money.

Even though many traders begin with equities, commodities and Forex can be profitable. The same strategies, however, may not be applicable in all three asset groups. A demo account allows experienced traders to experiment with several asset classes.

 

The Differences Between Demo & Live Accounts

A forex demo account is distinct from a genuine account in that it is utilised as a training account for traders to practise trading without putting real money at risk. Real accounts, on the other hand, use actual money, and traders put their own money at risk. A demo account enables users to trade with fictitious money in order to imitate the earnings they would receive if they traded with real money. Demo accounts are often used in colleges and institutions to teach investing and compete in trading competitions.

However, studies have shown that even if a person has obtained extensive trading expertise through the use of virtual accounts, things may turn out differently when real money is involved. Because you are not putting anything at risk  is more accessible when dealing with virtual money than when trading with actual money.

Can I have Multiple Forex Demo Accounts?

You may be able to open up to five demo accounts depending on the broker. Some, however, provide up to 19 demo accounts. There is no way to predict how many demo accounts are available at any particular time. All brokers do not limit the number of demo accounts.

If your broker has a demo account limit, you can contact their customer service via email or live chat to request more demo accounts.

There are brokers who will only allow you to open one account of each type per email address.

As a result, you are not able to establish any additional accounts until you give them with another email address or open a new account. Traders do not benefit from this practise because it requires them to spend their resources on opening new accounts rather than allowing them to open as many as they like.

In most circumstances, you won’t need more than five accounts, and depending on your plan, one may enough.

In any case, you should practise on a demo account until you are really proficient.

Is A Demo Trading Account Free?

Demo platforms are usually free. There is no risk of losing money because you will not be dealing with real money. As a result, there are no deposits, withdrawals, or training fees involved.

 

How to Choose Forex Accounts?

Different accounts have different settings. Before you open a trading account, you should answer the following questions:

How much money do you want to put down? You should keep in mind that trading with money you cannot afford to lose is not a good idea.

What is your level of risk tolerance? If you are a cautious trader, you can open a micro account and trade micro-lots. However, if you wish to trade more aggressively, you should open a regular account.

Do you require any specialised equipment? Many forex brokers provide their best trading tools to its professional clients, which may include cutting-edge news analysis or access to a diverse set of indicators.

Once you’ve determined what kind of trader you are, your trading objectives, and your risk tolerance, you’ll be able to choose which account is best for you.

Can I Take Money Out of a Demo Account?

Unfortunately, the answer is no. Demo accounts are only for practise purposes. You do not deposit anything because the account is not funded with real money.

As a result, any profits you would have made would be ineligible for withdrawal.

Forex Trading Knowledge Questions and Answers

Forex Trading Knowledge Questions and Answers

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AvaTrade introducing 3 new crypto pairs

crypto trading with Avatrade

AvaTrade introducing 3 new crypto pairs – updating 3 others

AvaTrade has yet again improved their cryptocurrency trading offering.

AvaTrade is introducing three new cryptocurrency pairs: NEOUSD, EOSUSD & MIOTAUSD in addition to the 15 crypto assets already on offer.

These new pairs have been available since July 1st, 2019 and provide an excellent opportunity to diversify your clients’ portfolios and increase their exposure to this vibrant 24/7 market.

AssetTypical SpreadLeverageMarginMin Nominal Trade Size
NEOUSD1.5% Over-market2:0150%10
EOSUSD2% Over-market2:0150%10
MIOTAUSD1.5% Over-market2:0150%10

To unify their cryptocurrency instrument labels, They are relabeling their existing Ethereum, Ripple & Litecoin instruments, by replacing the existing instruments with new USD labelled ones:

AssetOld SymbolNew Symbol
RIPPLEXRPXRPUSD
ETHEREUMETHETHUSD
LITECOINLTC_MiniLTCUSD

These new pairs have also been available since July 1st,

The trading conditions for each one is identical to those of the older respective assets they replace.

Effective immediately, new positions are only available on the new pairs.

Avatrade Clients will not be able to open new positions on the old assets, but those already open will remain unaffected until July 29th.

Existing positions on XRP, ETH and Litecoin-mini that remain open on July 29th will be automatically replaced with corresponding positions on the new pairs, , at the same opening price and at no cost to clients.

as any broker that values their clients would do , Avatrade makes sure that the clients will not be affected by the change.

Visit Avatrade NOW

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Neteller Launches Cryptocurrency Exchange Service

Neteller Launches Cryptocurrency Exchange Service

Neteller  one of the most known Digital fiat currency wallet provider , has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC.

They do this on the large scale with a pilot in 10 countries and soon another 50 countries to join . They understand that if you do this effort it will only succeed if you can do this on a global scale.

Neteller and Cryptocurrencies

Neteller is a service which is operated by Paysafe Financial Services Ltd.,

paysafe

paysafe

founded in 1999, Paysafe Financial Services entered the market with the mission to provide an online alternative to the known traditional payment methods.

Most of the traders aiming us now neteller as one of the companies through which we made our deposits and if we had any profits also our withdrawals. A couple of years ago they left the Forex and Binary industry behind since the charge-back issue became just too expensive.

But as any companies knows, if you do not adept you die. The binary option market is all but dead and the Forex industry has moved also into the directions of the cryptocurrencies. thus, neteller understands that this is where the future is.

So Lasts week they announced that they are now offering a wallet with buy and sell cryptocurrency options.

As of today, Neteller users can buy, hold and sell cryptocurrencies via a recognized cryptocurrency exchange including bitcoin, bitcoin cash, ethereum, ethereum classic and litecoin, purchased using any one of 28 fiat currencies available in the Neteller wallet.

It may not seem so exciting but for many users that love this service it actually is. More and more currencies will be added making them an true exchange in the near future.

Now one is able to fund their neteller account through many different means (Mobile, Epay, Paysafecard, local bank deposits, and bitcoin)

We think that will make the threshold for many people, who would want to buy or sell cryptocurrencies, lower. This in return is a good thing for the overall acceptance of the cryptocurrencies in the mainstream of every day life.

Conditions for buying and selling cryptocurrencies through Neteller

The rates offered are somewhat in the lower middle of the current market making them go for the save route. The average market rates on the major cryptocurrency exchanges differ all in all not that much anyways, as this is not the main reason to choose to buy Bitcoin through Neteller

The minimum cryptocurrency purchase or sale amount is “approximately equal to 10 EUR,” the firm clarified, adding that the maximum amount depends on the transaction limits associated with each account.

When You open an account with Neteller you have to choose your default currency. This is of course for most people in accordance on their geographical locations, people in Britain will go for the pound most Europeans go for the euro and pretty much the rest of the work goes for the US Dollar, thou other currencies are available

The fee is 1.5 percent for purchasing and selling cryptocurrencies from wallets with EUR or USD as the default currency.

The fee rises to 3 percent for wallets with other default currencies.

Neteller  | Why is this a good move for neteller and one that we should expect from other online Payment providers as well ?

At this moment till last week Neteller users can pay, get paid on thousands of sites, and send money around the world through their system.

The company claims to have “millions of point-of-sale, ATM and online locations” for users to withdraw or spend their cash.

Last July 25, Paysafe ( which as you remember is the company that owns Neteller and Skrill)  announced that another digital wallet provider in its group, Skrill ( formerly known as moneybookers), started allowing customers to “instantly buy and sell cryptocurrencies, including bitcoin, bitcoin cash, ether and litecoin, using any one of the 40+ fiat currencies available in the Skrill wallet.”

We could now see that this was like their test run on this concept.

We do not know the numbers that Skrill produced since they offered this service but it must have been encouraging enough for Paysafe to include their flagship brand in this endevour.

We will see where this leads but we are hopeful that this is the next step in global acceptance to the cryptocurrency revolution. Let me know what you think

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The basics of trading that one should know

The basics of trading that one should know

Things you should be aware of before you start

The currency trading industry and now also the cryptocurrency trading industry have gone through enormous volatile times the last couple of years. Now with trump and its trade wars. The fast rise and somewhat recline of the cryptocurrencies and the fast pace of international politics and economies that create high rises and steep fall of the currencies.

So what does it all mean and what can you do before start to trade on these news headlines.

Good brokers like LegacyFX and UBCFX provide the traders with the latest market news and updates on a continuous basis but if you are new to trading you still have no idea what to do with this.

You start by understanding that the involves a high degree of risk, including the risk of losing you hard earned money. Besides the ones that were lucky enough to have bought Bitcoin a couple of years back and cashed in in the end of 2017, most people don’t get rich overnight.

You have to understand that you only trade with money that you are able to lose, going hungry because you want to open a trade is not the right wy to go about it.

So, What is Forex?

You should by now understand that the value of currencies goes up and down every day.

This in general becomes apparent the moment you go on vacation and what you bought last year with your money now is not the same amount you get today at the exchange.

This is on a large scale, what a lot of people do not know is that there is a foreign exchange market – or ‘Forex’ for short – or “FX” for even shorter, where you can potentially make a profit from the movement of these currencies.

The most known Trader is George Soros who made a billion dollars in a day by trading currencies. This is of course on a scale that we are not able to reach and you need a huge amount of money to begin with. Still he made a billion in one day!!

The internet has played a huge part in making trading in currencies accessible for the masses. You also do not need huge amounts of money to actually do this. Now keep in mind that if you make 10% profit on your investment but the investment was just $50 you basically just end up with $55. still no bank will give you 10% interest on your money.

Many people and I am talking millions are now trading every day, most do this on the side and don’t do this as a full-time job, but there are today enough people that are full time traders and making enough money to live comfortably.

Retail forex market needed Brokers

The Forex market for the retail market was born, it started around 15 years ago to become more serious as technologies advanced and the stream of information became almost instant, this is important for trading as one second can make the difference between profit or loss.

So, the moment the technology was there the people that wanted to trade were there all that was needed were the Forex brokers that offered the platform for trading.

There are latterly hundreds of companies of not thousands that offer this service and there are good ones like LegacyFX and there are scams (these tend to not last long)

Forex explained in short

The Forex market is the largest financial market on the planet and has been for many years now.

Its average daily trading volume is more than $4 trillion. (just let that number sink in for a second). Of this total amount around 5% is the retail market meaning traders like you and me. Still 5% of 4 Trillion is still a number with a lot of zeros behind it.

If you compare that with the New York Stock Exchange, which only has an average daily trading volume of $55 billion. You truly see the size.

To give you another example:

if you were to put ALL of the world’s equity and futures markets together, their combined trading volume would still only equal a 25% of the daily Forex market. Insane right?

Why does this even matter?

It matters because there are so many buyers and sellers that transaction prices are kept low. To explain how trading the Forex market is different than trading stocks, here are a few major benefits.

  1. Most Brokers don’t charge commissions – you pay only the bid/ask spreads.
  2. There’s 24hour trading – you decide when to trade and how to trade.
  3. You can focus on your currencies and become experts in only those pairs that you follow instead of following and selecting out of 5000 stocks
  4. You can trade on leverage, (something to be very aware of as it can magnify potential gains but also your losses).
  5. Forex is accessible for almost everyone– you don’t need a lot of money to get started
  6. In the Forex market you can trade on Demo accounts to learn before you commit your money

How is Forex traded?

The mechanics of a trade are virtually identical to those in other markets. The only difference is that you’re buying one currency and selling another at the same time.

This is also the reason as to why the currencies are quoted in pairs, like EUR/USD or USD/GBP.

The exchange rate represents the purchase price between the two currencies.

Example:

The EUR/GBP rate represents the number of GBP one EUR can buy (relevant now with all the Brexit issues going on) . If you think the Euro will increase in value against the British Pound, you buy Euros with British Pounds. If the exchange rate rises, you sell the Euros back, and you cash in your profit.

Now the same works for strading Bitcoin, ethereum, Litecoin or other cryptocurrencies. this has become an entire new market and has introduced many people to Forex . you should here be also aware that trading cryptocurrencies is like regular trading so you will be able to lose great sums of money.

the Best thing i found about trading cryptocurrencies is that the Leverage by default tends to be very low which makes the risk of losing it all much smaller.

Sounds simply enough?

Why does not everyone Trade.

The same could be asked as to why not everyone plays poker, you can make money. The comparison between the 2 is actually closer than you might think.

All traders that are successful will tell you that 80% of successful trading is psychology and the other 20% is research. It takes time to get the research down, but it can take a lifetime to master the psychology.

People tend to do things differently when real money is on the line and are accepting losses in the hope that the trend will reverse or taking out profit too early because they don’t want to lose what they just have gained. In short, the psychology is the hard part.

One should be aware that you can loose real money and a lot of it very fast if you don’t know what you are doing.

Now most Good Forex brokers offer some educational tools, some more than others that will teach you how to trade. There is also something that is called social trading that will allow you to follow other traders and see what they are doing in order for you to learn and make money at the same time.

So here are some ground rules for those that look to start trading

  1. Get involved in the market, watch read and listen to the news to understand what is happening
  2. Go through a trading course ( a good one is here)
  3. Open a demo account and trade at least a month (my advice to do this even longer)only on this before you even think about trading with real money.
  4. Check out social trading, there are some options for this, this broker offers this also.
  5. Try with an amount that you are able to afford losing. See this as your tuition money.
  6. Take it slow, don’t become greedy and follow the basic rules

Basic Rules (there are many more but start with these)

  1. The trend is your friend
  2. Don’t add money to a losing position
  3. Don’t trade on too many different currency pairs
  4. Trade only with a good broker
  5. Don’t open to many positions (no one needs 100 positions a day)
  6. Develop your strategy and stick to it.
  7. Know that NO ONE is 100% of the times right, everyone loses some.
  8. Last but not least, don’t trade with money you cannot afford to lose.

Now all that I want to say is good luck.  😊

 

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Wanted Cryptography Experts in China

 Wanted Cryptography Experts in China

The sooner we get to the official launch of China Digital Money. the more Cryptography Experts are needed.

it almost is surreal as they pushed against this from the beginning but now S China digital money may soon be a reality.

The Bank of China (PBOC) is hiring cryptography experts by the masses as reported by the South China Morning Post (SCMP)

this is the latest in the Chinese efforts to have a state controlled cryptocurrency for its own means.

The institution is one which worries a lot about the effect of investor activity in the cryptocurrency market. this in great contrasted to the directive issues in 2014 by the PBOC  that Bans any activity related to the cryptocurrency market.

Yet the Central bank of china started to build their own work force for building and developing their crypto in 2017.

something like if you can beat them , copy them.

in 2017 the Yicai Global reported that this targeted workforce would work from central Beijing as was to be names the  digital currency research institute

This research institute would primarily focus on the latest in digital currency technologies and all the different applications that would benefit from cryptocurrencies.

the former deputy director of the PBOC’s science department, Mr Yao Qiann would be in charge of the overall project

since then they are expending with opening a new research institute expanded in Nanjing . the idea for this center is to create more interest n the technologies and its possible applications.

the pilot programs are to be implemented by state controlled banks and academic institutions which should result in blockchain hubs that would attract new developing talent and additional capital to further develop the cryptocurrencies.

“Beijing’s ideal digital currency must ensure the smooth running of monetary and financial stability policies and at the same time protect consumers.”

Apparently, the ultimate goal for the Digital Currency Research Institute (DCRI) was to clear the path for a national cryptocurrency. Reports indicate that the fintech hubs will serve a purpose higher than initially believed. Reportedly, the hubs will serve as testing ground for China digital money. Here, the currency will undergo tests from prototype phase to future mass production.

and thus we get to the point that they are looking aggressively for new talent in the cryptographers and computer scientists sectors. now that more and more student have said good bey to the united states in the last couple of months after feeling they were less welcome this drive for finding new employment has only intensified and is answered by the large amount of brilliant young people coming back to live in chine after their education abroad.

The salaries are even higher then what they would have earned if they would stayed in the US and gone of to work in some of the companies in the Silicon Valley.

So we could expect that China is now also looking to become a world player in this industry as they have become the leaders in so many other fields.

 

 

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Online Trading platform SIRIX

best-forex-demo

SIRIX|  Online Trading platform SIRIX Review

[yasr_overall_rating]

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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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

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