The best broker for long-term trading on the stock exchange
The most popular stock trading options are intraday and long-term trading.
Intraday trading is usually used by traders who want to earn a lot and quickly, and long-term transactions are opened by investors with substantial capital.
Long-term investors prefer to buy assets such as stocks or gold, counting on income in the form of dividends and an increase in the price of the asset itself.
Such transactions can last a year or longer, providing the investor with income from owning a security or precious metal.
Today, almost all such transactions are carried out online, through specialized brokerage companies that must meet certain conditions.
- No restrictions on the duration of transactions - that is, it is desirable that transactions are executed using contracts for difference , since in this case there are no deadlines limiting the duration of the transaction.
- The swap amount for transferring positions is not high; it is advisable that this commission does not exceed 2-3% per annum.
- Availability of necessary assets - shares of companies for which a transaction is planned or precious metals.
- Protection of client funds - since the transaction will exist for a long time, you need to be sure that in the event of unforeseen circumstances your funds will not be damaged.
Choosing a brokerage company that meets all the necessary requirements is not easy, but such a broker does exist.
RoboForex is an international company that has been providing its services in financial markets for 15 years.
Let's check how RoboForex meets the above requirements:
- The duration of transactions is not limited
- Possibility to trade without swap when opening orders with 1:1 leverage for some assets
- More than 12,000 shares and precious metals such as gold, silver, platinum, palladium are available for long-term trading.
- Client funds have double protection, insurance in the compensation fund for 20,000 euros and civil liability insurance for the amount of 2,000,000 euros.
One of the company’s features is the ability to open an ECN account with an amount of $10 or more. It is clear that these funds are not enough for long-term trading, but they are quite enough to test the operation of the trading platform.
You can get additional information on the RoboForex website , the site is in English, if you have difficulties with the translation, translate it into Russian using your browser.