What to trade on Forex?

Choosing the right trading method, and with it the right trading instrument, is half the battle; the rest depends on luck and your abilities.

Some traders don't even realize how choosing the right trading instruments can improve their trading efficiency, especially for Forex beginners.

Currently, any Forex dealing center offers not only currency pair trading but also a variety of other, equally interesting options.

An overview of online trading instruments.

1. Currency pairs – the most profitable option and the riskiest one, with risk and profit regulated by the ratio of the trade volume to the trader's deposit. This opportunity is available through leverage, which can reach up to 1:1000. Trade profitability is up to 1000%.

2. Metals – silver and gold are feasible for trading, with a more stable trend and a higher spread and fewer analytical forecasts.

3. Binary options – the optimal option for a novice trader, with a virtually 50/50 chance of winning. All intervening factors are eliminated, eliminating the need to consider a host of additional factors, as in traditional trading. Simply predict whether the price will be higher or lower than the current one at a given time. Maximum profitability is up to 400%.

4. Shares of large companies – an interesting but unpopular option, as you don't actually own the stock, but only speculate on the price.

5. Futures – contract trading. In addition to currencies and metals, you can also trade commodities such as oil, agricultural products, gas, gasoline, and more. Suitable for those who prefer to use both technical and fundamental analysis for market analysis.

Every trader has their own preferences when choosing a trading instrument; I prefer binary options and classic currency pair trading. However, another option may suit you better; don't be afraid to experiment and carefully study the results. All instruments are available in the standard trader terminal .