WHAT IS A BROKER?
A broker is an intermediary who has a license to buy and sell securities on a client’s behalf. Stockbrokers coordinate contracts between buyers and sellers, usually for a commission. A market maker, on the other hand, is an intermediary that is willing and ready to buy and sell securities for a profitable price, We NEVER touch your capital.
WHAT IS LEVERAGE? HOW MUCH DO I NEED?
Leverage is the total amount of borrowed money and available to increase the potential profit in your trading operations.
Eg, if you have an account with 10k USD and you have a 1:50 leverage, you can trade up to 500k USD in operations, because you are leveraged up to 50 times your capital.
CTrader is an intuitive, simply and fast trading platform, in that you can trade several financial assets in some brokers. Support multiple languages and trading robots for automatic trading and custom indicators, at the moment is the only platform in that you can run our trading robots.
Download the cTrader platform at https://www.spotware.com/partners/featured-brokers
WHAT TYPE OF BROKER ACCOUNT DO I NEED?
To make profit in the financial markets, you will need a Live account in your confidence broker, if you open a Demo account the funds going to be false with the educational intention, but doesn´t make any profit.
For trade in the financial markets, you need the broker trading platform to trade according to your needs. Some platforms support algorithmic trading robots and others just manual trading. The most knows trading platforms are cTrader and MetaTrader.
HOW DO I TRADE A POSITION?
First, find Symbols, Assets or Tickets tab in your trading platform.
Then, write the symbol ticket you want to trade, eg “EURUSD”, in the search tool and choose the correct symbol ticket after the searching results.
Next, go to “Create New Order” or “New Position” inside the current symbol page to create a new trading order.
Place Stop Loss and Take Profit values according to the Signal Information or your market analysis.
Finally, press the Buy or Sell type and fill the position.
For more information, we recommended the contact with your broker about the transactions in the trading platform.