Online trading is the investment of currencies, commodities, stocks and indices via CFDs on your computer or mobile device. Millions of people trade online from all over the world. In fact, the currency exchange market has become so popular that more than 4 trillion dollars change hands every day.
Why should I trade?
Like most forms of investment, online trading carries high risk. However, there are also many advantages to online trading that can be beneficial to you.
- Large and small investments are welcome
- It takes only a few minutes to place a trade
- You can invest long or short term
- Hundreds of financial assets available
Do I actually own any of the assets I trade?
No, you do not. That's what makes online trading so appealing. Online trading offers financial assets for investment in the form of CFDs (Contract for Difference). This means that if you trade a barrel of oil, one will not be delivered to your house. It only means that you believe the price of oil will rise or fall. Once the CFD expires, profits are added to your account or losses are deducted.