What is online exchange trading?
If we compare modern trading and how this process was carried out thirty years ago, then
only the meaning of transactions remains common.
The technical side of the issue has changed beyond recognition - trading has become remote, round the clock, an electronic terminal has appeared, and many other innovations.
As for the practical side of the issue, there have also been significant changes - the amounts required to carry out transactions have decreased, and the amount of leverage has increased significantly.
And now let’s talk more specifically about what Internet trading is.
1. The essence of the process:
Buy cheaper and sell more expensive, or first sell more expensive and then buy cheaper.
The trading process becomes clear using a simple example of an exchange office; imagine that the dollar exchange rate is growing every day. Today they sell it for 30 rubles per dollar, and tomorrow they buy it for 35. That is, in a day you can earn as much as 5 rubles from one dollar. 2. Why Forex is more profitable than real currency trading:
Leverage - allows you to turn the previous 5 rubles into 500, this effect is achieved by providing the broker with an interest-free loan to his client.
Which is expressed as 1:100 or 1:500, in the first case your amount increases by a hundred times, in the second by as much as five hundred. Convenience - you don’t need to leave your home, everything is done via a computer and the Internet.
A new deal opens literally in seconds, and you can enter the conditions for opening an order in advance. 3. Technical aspect:
In order to become a trader, it is enough to have a computer and the Internet.
A special program is installed on a computer (laptop), through which orders are opened. 4. Organizational aspects:
Trading is carried out through Forex dealing centers , on whose websites accounts are opened and all programs necessary for trading are downloaded - the trader’s terminal.
For a beginner, the process seems a little complicated at first, but you can learn the basics of online stock trading in literally a week. For studying, there are online courses in most of the dealing centers.