The evolution of trading
In today's rapidly evolving world, Forex trading is no exception.
Many no longer remember the days when trading was a privileged few, with transactions conducted in person or, at most, over the phone.
The advent of the internet ushered in a more liberalized process, making exchange trading accessible to anyone with a device capable of installing a trading platform and an internet connection.
So how did this evolution of trading occur?
It all began with the invention of a trading platform that allowed not only orders to open or close positions but also stop orders.
What can the trading platform do? http://time-forex.com/programmy/vozmognosti-metatrader
Every year, more and more dealing centers began to appear, competition grew rapidly, and DCs began to actively compete for new clients.
One step in this direction has been the reduction of initial deposit requirements. While 15 years ago it was difficult to find a broker with a minimum deposit of less than $1,000, now almost all companies impose requirements only on professional accounts.
Standard accounts allow you to trade literally from scratch; many go even further, offering a no-deposit bonus for testing the quality of the broker's services:
To attract not only professionals but also anyone looking to make money, the MetaTrader trading platform introduced a copy-trading service, or social trading . Now you can earn money even without special analytical skills or economic knowledge.
The number of assets available for online trading is gradually expanding. Previously, there were hundreds of available assets to choose from, but now there are thousands.
In addition to currency pairs and metals, various types of futures, indices, and, more recently, cryptocurrency pairs .
Time frames have expanded significantly. Just a couple of years ago, Forex trading advertisements claimed that trading was possible 24/5, that is, 24 hours a day, 5 days a week. Now, with the advent of cryptocurrencies, exchange operating hours have expanded even further, and cryptocurrency trades can be made even during profitable periods.
Analyzing the evolution of trading, it can be said that over the past 20 years, the organizers of this process have done everything possible to make exchange trading accessible to everyone. Whether this is good or bad is up to you to judge, but wide opportunities and the presence of choice are always better than their absence.
