Invest With Confidence
Stay in the know with tips, news, and updates about the stock market and cryptocurrencies.
Comparing VFV ETF vs ZSP, VOO, SPY, VUN, XUU, XUS and More
What is VFV? Vanguard’s VFV ETF is a reliable and successful index fund that has proven to be quite profitable ever since its inception. Its success is mainly attributed to its approach, as it follows the S&P 500. Likewise, Vanguard S&P 500 ETF aims to follow the performance of a broad US equity index that measures the investment return of large-capitalization US equities. This Vanguard ETF currently aims to follow the S&P 500 Index, and become its successor. Putting it simply, VFV is a Canadian version of the S&P 500 and has shown similar success. What Type of ETF is VFV? VFV is Vanguard's Canadian counterpart of the famous S&P 500 ETF. Its stock is traded in Canadian dollars and is listed on the New York Stock Exchange. Furthermore, VFV is a type of ETF that, to a great degree, follows the performance of the S&P 500 Index before any costs and fees come into the picture. The VFV MER (Management Fee) is also quite low, sitting at 0.08%. What Holdings Are in VFV? As an ETF, VFV has allotted its capital to major companies, including big tech firms, banking organizations, and even consumer goods. Some major holdings included in VFV are: Apple Inc, Microsoft Corp, Amazon Inc, Facebook, Tesla Inc, NVIDIA Corp, Berkshire Hathaway, JPMorgan Chase & Co VFV Stock When it was initially introduced in 1976, the Vanguard S&P 500 Index Fund was the first index-tracking mutual fund. The fund, often represented by the VFV stock, owns the same stocks as the S&P 500 stock index in the same proportions. In fact, the stock companies in VFV account for 75% of the stock market's value in the US, making the index closely reflect the direction the US is headed in. Does VFV Pay Dividends? Yes, VFV pays dividends. Although they're generally paid out once every 12 months, these can be: MonthlyQuarterlySemi-annualYearly distributions The dividend, which generally includes interest, income, and/or capital gains, is given to investors who hold the fund on the date of the payouts. However, keep in mind that the VFV stock yield is rather low, accounting for around 1%. How to Purchase a Vanguard S&P 500 Index Fund? To invest in any of the VFV options, you must follow the steps we've explained below: Create an account on the website. Choose an account. i.e. individual, joint, or retirementFill out some basic info i.e. personal and financialDeposit money into your account: To finally invest in the index fund, consider making an online deposit to your account or send a check by mail. Minimum Deposit: Keep in mind that the Vanguard S&P 500 Mutual Fund has a $3000 minimum deposit, or $2000 if you buy it in an educational savings account. Automatic Purchases and Reinvestments: By connecting your bank account on your initial deposit, you can set up future automatic purchases and allowing you to invest with a click of a button. When investing in Vanguard, you should know that dividends and capital gains will often be automatically reinvested in the stock. Purchase Assets Using a CFD Broker: In addition to buying it directly from the Vanguard website, you can purchase S&P 500 assets by using a CFD broker like Fortrade. Although you won't have holdings in the company directly, you would still experience the same benefits, like a rise in profit and a dividend yield. Does VFV Have Fees? When it comes to ETF fees, Vanguard has traditionally been one of the lowest-cost ones. However, since financial services is a relatively competitive sector, Vanguard is now being challenged by corporations like Schwab for the crown of low-cost ETFs. Nevertheless, the charges are minimum: The Vanguard S&P 500 Mutual Fund: Has an expense ratio of only 0.14% ETF: The charges just 0.04 percent annually, Plus any applicable fees to purchase or sell, which are also minimal. Is VFV A Good Long-Term Investment? Yes, it can be concluded that the Vanguard VFV is a great choice if you want to diversify your stock portfolio, especially if you’re an investor looking forward to long-term gains. In fact, VFV has had a consistent rise in its price of at least 10% annually since its inception, making it a great choice for long-term investments. According to Reddit and Quora, VFV will probably continue its upward trend in the following years, as it has remained a reliable ETF throughout time. VFV vs ZSP Index Fund As they're similar index funds, both VFV and ZSP are tracking the US S&P 500 ETF, so they have had identical gains and losses over the years. Still, there are some minor differences. When comparing the prices of the individual stocks, VFV is approximately $100 per stock, whereas ZSP is cheaper, being around $60 per stock as of October 2021. Still, most evidence shows that VFV historically outperforms the ZSP, making it a better choice, even though ZSP is cheaper. VFV vs VOO Index Fund Similar to the ZSP and VFV, VOO attempts to mimic the success of the S&P 500 by investing in the same stock holdings. The only difference is that VOO is traded in US Dollars, and VFV is Canadian. Thus, investors from Canada should avoid purchasing VOO if they want to minimize their conversion fees (Canadian dollars to US dollars). Although VFV is cheaper, VOO's dividend payout is slightly larger, nearing 2%. VFV vs VSP ETF The VSP is the VFV with a Canadian dollar hedge, while it also follows the S&P 500. Many regard VSP as an excellent option, if you want your investment to be hedged against the CAD/USD exchange rate. Although the risks are smaller when hedging, keep in mind that you'll pay a small fee for hedging your position. Additionally, the VSP has a 0.09% MER (Management expense ratio) compared to 0.08% for VFV. VFV vs IVV ETF IVV is an iShares version of an S&P 500 index fund and is only accessible for buying and selling in US dollars. Other than being more expensive than VFV at around $400, the differences are minor. It’s a great choice, with an even smaller MER of 0.04%, and is expected to perform similarly to VFV. Still, fees for currency conversion must be considered, as IVV is traded solely in US dollars. Conclusion To summarize, Vanguard’s VFV ETF is a simple and quite successful index fund that does exactly what it says: it follows the S&P 500 and its success. It is one of the best options for investors looking forward to a reliable passive income, whether it's from dividends or capital gains. Additionally, Vanguard's VFV is one of the lowest-cost ETFs, so consider investing in it if you're up interested in a diversified portfolio with US large-cap stocks.
PlatformsThe Best Brokers and Apps for Trading OTC and Penny Stocks in 2021Over the last 18 months, millions of new investors have joined the financial markets. Whether it was seeing an opportunity at rock-bottom prices or noticing the democratization of the industry, armchair traders have entered the financial colosseum by way of their desktop computers and mobile devices. But, as novice investors become acquainted with stocks, bonds, commodities, and foreign exchange, many questions come up. One of the most common inquiries is about the best brokers and apps for trading, including over-the-counter (OTC) and penny stocks. Before diving into the best sources for trading the pink sheets system, let’s first determine if you should even begin trading OTC and penny equities. Should You Invest in OTC and Penny Stocks? First, what is a penny stock? It is a small-cap investment that trades under a buck and has a market capitalization of under $2 billion. Now, is it worth investing in the names listed in the penny sheets system? Is this something you should be interested in doing? While penny investing could be a great way to get your feet wet in the stock market, it is not an effective long-term investment or retirement scheme. OTC stocks can be prone to pump-and-dump mechanisms, leaving late entrants holding the bag. So, buy a penny stock or two, but do not put your life savings into a random tin-manufacturing company that trades for $0.045. Can You Get Rich from Trading Penny and OTC Stocks? The primary reason people invest in companies that are trading below $1 is to get rich quickly. Since many people do not want to pour thousands of dollars into stocks trading on the Nasdaq Composite Index or S&P 500, they might feel more comfortable investing $100 that would afford them a few thousand shares of a specific stock. Although there have been instances over the last year of penny stocks making it big amid the COVID-19 public health crisis, it is rare to strike it rich by acquiring something trading at a nickel or a dime. Indeed, with enough due diligence, employing the same investment strategies, and a little bit of luck, you could turn a decent profit. For the most part, it is challenging to do so. Now, let's compare the different (and best!) brokers for trading penny stocks. Best Trading Apps and Platforms for OTC and Penny Stocks A quick Google search will yield plenty of results for mobile applications and trading platforms to allow you to invest in the pink sheets system. But rather than scanning through the dozens of SERPs, we have compiled a smaller list of some of the best brokerage accounts for OTC and penny stocks. Robinhood Trading Platform Fees: $0 per trade Minimum Deposit: $0 Easy-to-use tools Robinhood Trading App Robinhood is a bare-bones mobile application that is perfectly suitable for novice investors. For traders who do not possess a lot of experience buying and selling stocks - penny or otherwise - you can always download the app and start with a few bucks on the trading platform. TD Ameritrade Fees: $6.95 per OTC trade Minimum Deposit: $0 Extensive Research Tools for analyzing penny stocks TD Ameritrade Mobile Trading App Although you are charged a commission of $6.95 per trade for OTC stocks, you do have access to TD Ameritrade's effective web and mobile platform technology. The TD Ameritrade app also maintains high-quality research tools that are comparable to the desktop platform. Fidelity Fees: $0 per trade Minimum Deposit: $500 Shows detailed price movement Non-U.S. citizens cannot open accounts Fidelity Investments App Investopedia has called it "world-class stock research and analysis," including on the trading application. Fidelity Investments is one of the best brokerage companies in the world, giving you free access to the flagship trading platform used by all customers - institutional and retail. Charles Schwab Fees: $0 per trade Minimum Deposit: $0 Presents exchange analysis to understand inherent risks Schwab Mobile App Charle Schwab is one of the premiere brokerage firms in the finance sector. Its mobile application is no different, giving you free access to a treasure trove of high-quality research and analysis tools. The company is also considered to be a technology leader. However, if you are having difficulty, you can always get in touch with its superb customer service. Interactive Brokers Fees: $0.0035 per share Minimum Deposit: $0 Stocks trading on the NYSE, AMEX, NASDAQ, ARCA, or BATS are availableNon-U.S. stocks are not available for purchase either fractionally or a penny equity IBKR Mobile App It is said that not all mobile apps are created equal. Does the Interactive Brokers app fit this moniker? One of the most appealing components of the company's app is that all of its services are concentrated in a single app, which is beneficial for regular users on the go. From dozens of data columns to institutional-quality research to powerful trading tools, you no longer need to be confined to your desk to buy and sell stocks and forex. TradeStation TradeStation has experienced quite the evolution since 1982, building itself into a top active trading platform.Your first 10,000 shares per trade do not come with a commission, but anything after will be slapped with a $0.005 share charge. Thanks to its award-winning trading technology, traders can access advanced tools. TradeStation App Its mobile app is institutional-quality that offers fast trade executions, incredible technical analysis and research tools, and two different types of mobile app options. Like its web platform, mobile users can trade penny stocks and over-the-counter securities on the TradeStation app. Exposure to Penny Stocks is Key Whether you are sitting on the sidelines or you have entered the financial arena, you have plenty of options to choose from that can give you exposure to the same stocks, bonds, commodities, and cryptocurrencies as the Wall Street titans and millionaires and billionaires. Will penny stocks net you a million dollars? That is entirely up to you and what tactics you integrate into your trading.
PlatformsZuluTrade: Reviewing the Social and Copy Trading PlatformZuluTrade serves as a social trading platform that connects users to brokers, allowing them to set and copy strategies to generate a capital gain on their investments. The platform supports hundreds of brokers and has been around since 2007. It has since turned into one of the premier social forex trading platforms on the web today. Let's get accustomed to the basics. How Do ZuluTrade Accounts Work? ZuluTrade also offers two different types of accounts. Investors can choose to have a Demo Account, Classic Account, or a Profit Sharing account. Classic Account The Classic Account maintains higher spreads, used to compensate both traders and ZuluTrade. Traders earn a profit on every trade that is executed by the investors they are following. Trading is performed either manually or it can be done through a semi-automated mechanism. Profit Account The Profit Sharing Account possesses a fixed cost of $30 per month, as well as a 25% performance fee if the conditions are met. This account is recommended, even with the fees, for clients with large portfolios. Commissions are up to three times lower, while the type of trading is fully automated. Demo Account Like other social trading platforms, ZuluTrade offers users a demo account. The ZuluTrade demo account provides customers with an unlimited duration as long as they log in at least once every 14 days. Ultimately, the demo account functions similarly to a live account, instead using virtual money for social trading. The Minimum Deposit The minimum deposit requirements on ZuluTrade are broker-dependent. Some require a minimum deposit of only $1, while others may require $300. MT4, Statistics, Trading Tools, and a ZuluTrade App ZuluTrade investors can connect their MetaTrader 4 (MT4) trading accounts to their ZuluTrade account. They can have access to all relevant information as well as various portfolio management tools. It also provides traders with complete reports and the latest statistics for informed decision-making. Also, investors have the option of utilizing the mobile ZuluTrade app version for making trading and portfolio management fast and convenient. Investors can maximize profitability, have access to security, operate and manage diverse portfolios, and receive customized recommendations and advice from ZuluTrade’s professionals. Assets That Can Be Traded on ZuluTrade A wide variety of assets can be traded on ZuluTrade: Exchange-traded funds (ETFs)Contract for difference (CFDs)CommoditiesStocksIndicesCryptocurrency How Safe is Your Money with ZuluTrade? Zulutrade is registered in Greece and is considered to be 100% compliant with all EU regulations. Additionally, they are registered with the U.S. Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA); their ID is 0389149. Security Tool: Zuluguard Zuluguard is basically insurance against loss, although meant for those who follow successful brokers, it can be used by any trader of ZuluTrade, no matter their account. It protects a trader's assets by alerting them when the trade performances are starting to decline. However, this must be manually activated by setting the loss margin and exposure. Pros and Cons of Using ZuluTrade Pros Offers effective social trading tools and copy trading features.Provides two compensation schemesWide exposure and access across more than 30 brokerages.Regulated and licensed portfolio management company. Cons Significant pressure on signal providers to perform due to compensation requirements.The social forex trading features are too basic. Can You Make Money on ZuluTrade? The common question that many novice investors ask when considering joining ZuluTrade is this: Can you make money on ZuluTrade? The answer is simple: Yes. Users can certainly make money off of ZuluTrade. As long as you follow the right traders, your copy trading strategy or social forex trading can be successful pursuits that can add capital gains to your portfolio.
Trading discussionsThe Fundamentals of Forex Currency Exchange TradingWhat is Forex Trading? Becoming a widespread practice in recent years, the term forex is a combination of the words foreign currency and exchange. In simpler terms, foreign exchange is the process of converting one currency into another for any purpose, most commonly for trade, tourism, or business. Nowadays, the term forex gets thrown around vaguely, so it's normal that many people ask themselves, "what is forex trading?" How The Forex Market Works Currency trading takes place in the foreign exchange market. Since the dawn of business, currencies have been essential, allowing people to buy goods and services both locally and globally. To undertake worldwide commerce and trade, international currencies must be exchanged. If you live in the United States and wish to buy a product from France, you or the business must convert the currency. This is the entire premise on how the forex market was built, although foreign currency trading is primarily online now. 2 Main Types of Forex Markets As we've mentioned before, the forex market is the place where currencies are exchanged. It is the world's first entirely uninterrupted and continuous trading market, being predominantly online forex trading. Before the days of the internet, institutional businesses and major banks dominated the forex market acting on behalf of their clients. As a result, there are multiple types of trading forex. These include, but are not limited to: 1. Spot Market Since trades are primarily made in real-time, forex trading in the spot market has traditionally been the most popular. The forex spot market is a way of exchanging currencies at an immediate rate, also known as the spot rate. With the introduction of computerized trading and the rapid increase in brokerages, trading volumes for forex spot markets have massively increased. When beginners talk about the forex market, they almost always mean the spot market. 2. Forwards and Futures Markets In the over-the-counter/electronic (OTC) markets, a forward contract is a private agreement between two parties to buy a currency at a specific price at a future date. A futures contract is a standardized agreement between two parties, namely the client and the brokerage, to provide a currency at a set price and a future date. The forwards and futures markets, unlike the spot markets, do not deal with real money in real-time. Instead, they work using contracts that reflect claims to a particular currency type, a specified unit price, and a future settlement date. These contracts are purchased and sold OTC on the forwards market between two parties who define the agreement's terms. Futures contracts are bought and sold on public commodities markets, like the Chicago Mercantile Exchange, based on a predefined size and settlement date. How Forex Traders Make Money Traders and speculators can buy and sell currencies on the foreign exchange market based on whether they believe the currency will rise or lose in value. Although being massive and potentially profitable, the foreign currency market is relatively risky for beginners, with more than $5 trillion exchanged every day. To execute transactions, traders must use an intermediary like a forex broker, although many start purchasing assets even before they learn forex trading. Unlike traders, forex brokers profit through commissions and fees often regardless of whether the trader earns profits or losses. Terminologies in Forex Trading You Need to Know The bid and ask prices are included in all currency quotations, so most beginners wonder what they mean. However, attentive forex readers have noticed that the bid price is almost always less than the ask price. So, what is a bid, ask and spread? Bid: The price at which your broker will purchase the base currency in return for the quotation currency. If you want to sell something, the broker will buy it from you at the bid price. Ask: Your broker's ask price is the price at which the base currency will be sold in exchange for the quotation currency. Spread: The spread is the difference between the bid and the ask price. Usually, a lower spread indicates low market volatility and relatively high liquidity. How To Start Forex Trading Forex trading is comparable to stock trading. Here are some guidelines to help you get started with FX trading: Study the basics and learn forex trading For beginners, there are thousands of courses on the internet that teach the fundamentals of online forex trading. Starting to learn at a reliable website like Fortrade is a step in the right direction. Set up a brokerage account Setting up a brokerage account with the best fx rates is crucial for becoming a successful forex trader. When you open a forex trading account at a reliable brokerage, the vast world of foreign currency trading is available at your hand's reach. Develop a trading strategy A solid trading strategy when doing online currency trading is a necessary step. Unfortunately, many beginners start spending money before they learn forex trading, leading them down a path of losses. Stay up-to-date with your numbers Before purchasing more assets, ensure that you don't have any open positions that need to be filled out. Moreover, research the market and be confident that you have enough money in your account to trade in the future. Using Leverage For Trading Forex Using borrowed capital to multiply returns is known as leverage and is a common practice in online forex trading. The forex market offers customers enormous leverage, allowing traders to effectively utilize it to enhance their positions. Conclusion After learning all the basics about the forex market, you can rest assured that foreign currency exchanges are within your hand's reach. While many question themselves on how to trade forex for beginners, the truth is that you don't have to be an expert to get started. After finding an excellent online broker with the best fx rates, you can join the world of online forex trading and have a profitable journey along the way. One of the best brokerages you can consider opening a forex trading account at is Fortrade. Putting it simply, this broker offers more than enough, providing you with the best fx rates for beginners and experts alike. So, consider opening a forex currency trading account at Fortrade and give the market a chance.
PlatformsHow to Transfer Cryptocurrency Between ExchangesAs the industry has witnessed an explosion in growth over the last year, the number of cryptocurrency exchanges has increased. The crypto sector has seen a substantial boost in exchanges in the U.S. and abroad, offering everything from bitcoin to dogecoin to safemoon. Who would have anticipated such an impressive evolution even a couple of years ago? But as more users become interested in digital currencies, there are many questions to ask relating to your wallet, how to send money, and even the transaction process. How about this common query: How to transfer cryptocurrency from one crypto exchange to another. Let's find out now! The General Rules of Transferring Crypto On a fundamental level, the general rule of transferring crypto from one exchange to another is that you need to visit the exchange of your choice and determine the bitcoin deposit address. After this is done, you will venture to the source exchange and either withdraw money or send money to the deposit address of the preferred exchange. That said, you need to also be aware of the new Travel Rule. According to the Financial Action Task Force's (FATF) Travel Rule, Virtual Asset Service Providers (VASPs), such as digital wallet providers and cryptocurrency exchanges, will be mandated to make certain that customer data is disclosed and transferred as part of the cryptocurrency transaction. The next step is to get acquainted with the various exchanges and their processes. How to Transfer from Binance to eToro Here is a step-by-step breakdown on how to transfer from Binance to eToro: 1. Log into your Binance account. 2. Choose "Wallet," hit "Overview," and then select "Withdraw." 3. Pick the cryptocurrency you want to transfer. 4. Insert your eToro address to finish the transaction. A common question that new crypto investors have is, "Can you transfer from Binance to eToro?" With these steps, it is clear you can complete this transaction. How to Transfer from eToro to Binance Here is a step-by-step process of sending money from your eToro wallet to your Binance account: Visit the eToro website and log into your account with your credentials.Select the "Crypto" feature.Choose the cryptocurrency you want to send and tap "Send." Ensure that you have the correct address before you hit the "Send" button. How to Transfer from Coinbase to Bitmart Here are the steps you need to take to transfer funds from your Coinbase account to the Bitmart exchange: Visit your Coinbase page.Hit the "Send" button for the cryptocurrency wallet that you want to send from.Choose the wallet address when you are sending.Key in the amount of cryptocurrency you want to send in the "Amount" field.Click "Continue." Once you have completed these steps, you will need to confirm the details of the transaction in order to execute the transaction. How to Transfer from Bitmart to Coinbase Here is how you can transfer funds from your Bitmart account to Coinbase: Log into your Bitmart account.Visit "Balances" on the left side column of your account and select "Deposit."If you want to deposit bitcoin, ether, or dogecoin, you only need to hit "Deposit" on the cryptocurrency. Be sure to verify the deposit tips carefully for each coin since it will maintain its own deposit address. Always Read the Fine Print In the end, as the cryptocurrency industry continues to grow, there will inevitably be even more crypto exchanges and digital wallet providers. This will be beneficial for the sector since competition breeds better services, features, and savings. You only need to be careful about the steps to ensure that your funds are protected from the time you begin the process to the moment you receive the money in your account.
PlatformsThe Top 5 Safe and Legal Copy Trading PlatformsThe internet has allowed retail traders to make it big in the stock market. No longer do they need to rely on brokers or intricate details to generate capital gains. With the power of online social communities, the web has essentially transformed into a decentralized hedge fund. One of the most popular methods of turning a portfolio into a green one is copy trading. This tactic consists of investors automatically mirroring positions opened and managed by other individuals and companies of their choosing. Put simply, you're copying everything the other party is doing, which is why copy trading is best for novice traders who want to dip their toes in the market. Is this too good to be true? Is it safe? Is it legal? Let's get into the specifics of automated copy trading. Is Copy Trading Legal? When something is too good to be true, the next question is: What's the catch? But, no. There is nothing illegitimate or illegal about the social trading community. In fact, it is perfectly legal as long as the trading platform you are using is regulated. How Safe is Copy Trading? Copy trading is definitely safe. That is if you do your due diligence, find the right social trading platform for you, and apply the same investing principles as you would on your own (risk management, patience, diversification, and effort). Your best option is to begin your copy trading investment journey by launching a free demo account so you can trade with virtual money and become acquainted with the process. The Best Copy Trading Platforms Now that you are familiar with how copy trading works, you might want to know what the best copy trader platform is for your needs. Avatrade Avatrade is one of the premier online investment hubs for a broad array of trading options. Users can trade in foreign exchange and CFDs by utilizing technologies like MetaTrader 4, MetaTrader 5, AvaOptions, and much more. In addition to being one of the pioneers of digital investing, Avatrade also presents clients access to direct and indirect social trading opportunities, working with some of the leading trading signal providers worldwide. Is it the best copy trader platform? The reviews suggest that customers are pleased with the company's products and services. Considering that it has been around since 2006, the social trading Avatrade hub must be doing a fine job! Zulutrade Zulutrade is a social foreign exchange trading hub, allowing investors to follow and copy a wide range of other strategies based on others' performances. By joining this social trading community, you can discover the top traders from across the globe, automatically copy their tactics, and receive their trade mechanisms in real-time. IronFX IronFX is a top investment firm and international brokerage, offering clients trading products and services tailored to the needs of retail and institutional investors everywhere. Like its competitors, you can browse a comprehensive list of some of the most profitable traders on the website and copy their trades and strategies. eToro A quick Google search of the "best copy trader platform" will typically yield eToro. Indeed, eToro is certainly one of the leading social trading platforms that gives investors options to trade stocks, cryptocurrencies, and CFDs. The chief advantage? It maintains a celebrated copy trader platform that lets you search for traders based on assets, performances, risk scores, and more. Webull Webull is another commission-free electronic trading platform that can be accessed on a desktop and mobile application. You have a variety of investing options: stocks, exchange-traded funds (ETFs), cryptocurrencies, margins, and options. And, yes, Webull possesses an automated copy trading infrastructure that immediately executes, opens, and closes positions based on the profitable traders you follow. Always Be Careful When it is your money, you need to apply the ABC philosophy: always be careful. No matter how certain something appears to be, you need to do your due diligence and express caution. Copy trading is a terrific solution in the financial markets, but there is a reason why a significant portion of users lose their money: they are impatient, they do not diversify, and they have unrealistic expectations. If you are conservative and cautious, and you select the best copy trader platform for your goals, you can see capital gains.
Trading servicesThe Best Trading Signal Providers on Trading Platforms and Social MediaSince the early days of the financial markets, every investor — retail and institutional — has attempted to attain an advantage to earn a profit. In today's digital age and the era of big data, it is easier than ever to gather a treasure trove of information to guide you to execute the right trades, be it in stocks or foreign exchange. Trading signals are a crucial component of being a successful investor. These are essential triggers for buying or selling an investment based on specific criteria, such as volumes, earnings reports, P/E ratios, debt-to-equity, and many others. Of course, knowing what the best trading signals are can be the $64,000 question. Indeed, one might be great for, let's say, Tesla Motors. However, it might not be great to gauge McDonald's. Now that you are equipped with a fundamental understanding of this critical aspect of investing, the next step is becoming acquainted with the best signal providers. Let's explore. What are Trading Signals? Investors - retail or institutional - are always trying to attain an advantage in the market by combing through data, finding technical indicators, and believing what the experts have to say. Others, unfortunately, get the FOMO and begin trading blind. The best way to avoid this is by utilizing trading signals. Trading signals are triggers to buy or sell an investment, from stocks to forex. They are quite common, whether it is an earnings report for a Fortunate 500 company or moving averages. Many might think these are magic beans, but there is a science, for the most part, to trading in the financial markets. Put simply, you can maximize your positions and turn a profit by incorporating trading signals into your campaign. But should you spend money to acquire trading signals? Are trading signals worth it? It might depend on your skillset. If you are a seasoned trader, you might have a toolbox of reliable trading signals that you have employed for many years. If you are a neophyte to buying and selling securities, you may not be aware of the common signals, requiring you to depend on other experts. What Is a Trading Signal Provider? A trading signal provider is an individual or company that lets other traders follow their trading activities on their personal or corporate trading accounts. Social trading consists of letting investors monitor the trading behaviors of their fellow investors and professional traders. Many of these experts will offer social trading signals on their social media accounts or websites that specialize in this industry. A stock trading signal service will publish investing ideas through social media outlets or third-party platforms. The Best Trading Signal Providers MetaTrader4 MetaTrader 4 was initially designed for online foreign exchange platforms. It was pioneering technology, and it continues to serve as an imperative function on a broad array of outlets. That said, MT4 is one of the best signal providers since it enables you to automatically mirror the transactions executed by other traders in real-time. Put simply, this signal performs most of the work based on the trading parameters you outlined. AvaTrade Under the AvaTrade ecosystem, account holders are given free access to MetaQuotes Language 5 (MQL5) signals. This is one of the largest automated trading communities in the world, making it easy and simple to dip your toe in forex and CFD trading on the internet. Take a look at our AvaTrade review. eToro Ultimately, eToro is perhaps the premier social trading signals provider on the web today. For users interested in getting their digital hands on these signals, all you need to do is click on the plus sign button to add the top eToro traders and receive real-time signals of every update on their accounts. Take a look at our eToro review. easyMarkets easyMarkets has devised one of the most effective stock trading signal services on the web. It accomplished this with Trading Central, a unique system that utilizes mathematical models and a wide range of alerts and ideas to determine price direction and targets and direction confirmation. Considering that it has accumulated a large number of five-star reviews, traders must be satisfied! Take a look at our easyMarkets review. The Best Trading Signal Providers on Social Media Telegram For many novice investors, the go-to source for trading signals and "to the moon" trades is Reddit's WallStreetBets. However, for those who can better navigate social networks, it is Telegram and Twitter - and many say Facebook nowadays. The former has evolved into a popular destination for many young traders who want to learn from their peers, find early opportunities, and engage in the finance community. Best Trading Signal Channels on Telegram Crypto Binance Trading (@Crypto_Binance_Trading)Trade Signal Arena (@BitcoinTrader58)Intraday Trading Equity Stock (@Intraday_Trading_Equity_Stock1)Trading & Financial News (@TradingFinance)Banknifty Nifty Stock Option (@banknifty_nifty_banknifty_nifty) Now let's explore the best Twitter profiles for your investment needs. Twitter The FinTwit community is vast, so trying to locate the cream of the crop for social trading signals can be challenging. That said, it is a type of art form trying to separate the legitimate users on Twitter, whether Twitter crypto trading signal providers or the best stock signal providers, from the grifters. It might be challenging at first, but you will eventually get a hang of it. But here is a bit of a cheat sheet to get you started. Best Trading Signal Channels on Twitter ANBESSA (@Anbessa100)Nathan Michaud (@investorslive)CryptoBullet (@CryptoBullet)Shawn Catena (@tradertvshawn)NIKA (@G_maker) Facebook Many people might view Facebook as a place to share cat photos, engage in political fights, and check on your ex-partner's relationship status. However, it is also a decent source as a share trading signal provider and even real-time trading signals outlet. But what are the accounts for the top trading signals? Best Trading Signal Channels on Facebook Paul Tudor Jones (@paultudorjones08)Peter L Brandt (@peterbrandtofficial)John Bollinger (@OfficialJohnBollinger) Best Forex Social Trading Signals In recent times, the use and popularity of social media have increased quite significantly. Forex social trading signals are an innovative option that capitalizes on these platforms by creating networks that allow investors to connect and interact, just like people connect on s social network like Facebook. The only difference is that on a forex social trading network, the topic of discussion is trading. Traders share their vision and strategies and their trading signals with people within their social network, and those people benefit from the expertise of successful traders. Some of the best forex trading signals can be found through TradingFloor, eToro, and Tradeo platforms. Best CFD Trading Signals CFD stands for Contract for Differences. A CFD is basically a derivative contract between a buyer and a seller. CFDs allow traders to speculate against a change in the value of an asset rather than investing in the asset itself. CFD trading signals facilitate traders by eliminating the effort that they would need to put manually to speculate the performance of financial markets. CFD signals cover forex, commodities, and cryptocurrencies and allow traders to follow pre-set strategies that would help them make profitable trades. Some of the top CFD trading signal providers include Axi, Forex.com, LegacyFX, and FXChoice. Best Crypto Trading Signal Providers Cryptocurrency has taken over the financial sector by storm. Everybody is fascinated with investing in cryptocurrencies and engaging in crypto trading. But since this is a relatively new field, traders can benefit from pros who have greater expertise in crypto trading. Some of the best crypto trading signal providers include: Crypto Rand GroupFat Pig SignalsRocket Wallet These platforms provide interested traders with helpful information from professionals who are active in the crypto scene. In particular, the Crypto Rand account on Twitter is handled by experts in cryptocurrencies and projects a true sense of community for their members. Similarly, Fat Pig Signals is quite well known on Telegram as one of the most effective Bitcoin signal providers. Best Stocks Trading Signals Stock signals are indicators of profitable trading opportunities so that investors could get the most up-to-date and reliable information on the basis of which they could place their trades. Stock signals offer several advantages: Save investors from losses.Guide traders toward the right investment.Ensure that investors get to know about opportunities they would have otherwise missed. Stock signals are particularly useful for novice traders as they can help them get a hand at trading stocks. Stock signals are also useful as they ensure investors don’t waste hours researching and conducting technical analysis. Some of the best stock trading signal providers consist of: Elliot Wave ForecastMotley FoolLearn 2 TradeTechnical Trading SignalsMindful Traders Best Free Trading Signal Providers As the use of online trading platforms expands, access to wider trading products as well as free trading signals has also increased. Many people wonder if free trading signals are reliable or legit and whether traders should use them or take decisions based on free information. The fact is that for new traders, free trading signals can provide them with some basic education about the world of trading. Since they are new to trading, it makes sense for them not to invest or pay fees for premium signals without understanding what this world entails. Not all free trading signals are equal, though. That said, some of the best free trading signal providers: Forex.comLearn 2 TradeForexSignals.com1000pipBuilderMQL5ForexGDP Past Success Means Guaranteed Profits? Every trading platform, investment professional, and stock trading signal service will offer the same warning: past success does not guarantee future profits. This is something that every trader needs to remember, especially when they are putting all their eggs in one basket on one particular trader or platform. By doing your due diligence and coalescing your information with the information of the trader you are following, you can be confident in the decision you have made.
PlatformsFortrade: A Forex and CFD Trading Platform ReviewAs a licensed online broker with years of experience in the field, Fortrade is an excellent CFD trading platform for traders from mobile and desktop devices. In addition to providing its users with convenient trading tools, Fortrade also offers a trading simulator, allowing you to practice without putting your money in danger. Consider reading this Fortrade trading platform review in-depth to learn all about it. Pros A regulated and licensed companyTrustworthy brokeMultilingual websiteBeginners' tutorial available Cons Maximum 1:200 leverage Trading at Fortrade From PC The Web Fortrader is an online trading platform available for all PC devices, regardless of the operating system. Fortrade users know that the PC version was built to offer simple online trading in a fast manner and friendly approach. Regardless if you're a total beginner or a seasoned veteran, you will probably find the Fortrade WebTrader convenient. In fact, you can enjoy a personalized trading experience, accessible across desktop PCs and laptops, available 24 hours a day. It goes without mentioning that security is a must for Fortrade, meaning you will get a 100% safe and secure trading environment. Trading at Fortrade From Mobile There are various reasons why Fortrade is great to use on your smartphone, tablet, or another mobile device. Using the Fortrade mobile trading platform, also called Mobile Fortrader, will give you access to an unrivaled trading experience. It means that the trading app is nearly identical in performance and capabilities to the desktop one, offering more than enough tools for new and intermediate traders. Further on, as a part of the suite trading platforms, the Mobile Fortrader provides you with a means to track, analyze and trade a range of equity derivatives while using a single platform for multiple devices. This is how it can save you much time, money, and trouble. In addition to offering CFD trading with real money, the Fortrade mobile app will allow you to sharpen your trading skills with €10,000 of virtual money. To stop this, you can easily switch to real money, as well as get back to practicing more. Even beginners will notice that the mobile app is intuitive, simplistic, and relatively easy to use. It's small in storage size, yet quite powerful, equipped with in-built SSL security and advanced order types. Customer Support In case of an issue or an inquiry regarding a topic you're not very familiar with, you can always get help from the friendly support team at Fortrade. The staff is quite reliable and happy to help at all times. You can get assistance by sending an email at email@example.com if you have a question regarding a general issue, or you can call the support team via phone. If you ever come across a technical issue of any sort or you have a hard time installing the Fortrade app on your device, you can reach out for help by sending an email to the same address. In addition, feel free to send an email to firstname.lastname@example.org if you have the desire to learn more or join one of the Partnership Programs. Finally, the Fortrade website is supported in world languages, including English, German, Spanish, French, Croatian, Italian, Dutch, Polish, Russian, etc. Investments Products Customers can trade CFDs in over 300 instruments across nine categories ForexStock CFDsIndex CFDs Precious metalsEnergy goodsAgricultural productsUS treasuries Exchange-traded funds (ETFs) Seven main forex currency pairs, as well as minors and exotics, are available through Fortrade forex trading. Some of the most popular ones include AUD/USD, EUR/USD, GBP/USD, USD/CHF, USD/JPY, etc. Additionally, Fortrade features CFDs on some of the most popular shares from businesses in the United Kingdom, Germany, France, Spain, Italy, Western Asia, the United States, meaning the list of investment products is nothing but excellent. Regarding precious metal CFDs, you can purchase Copper, Gold, Gold Pram, Palladium, Platinum, Silver, and others. Energy product CFDs include brent oil, crude oil, gasoline, heating oil, natural gas, and more. Account Types Fortrade likes to keep things simple by simply offering three types of accounts Accounts for standard trading Islamic monetary accountsDemo accounts As far as the standard accounts at Fortrade are concerned, Fortrade requires a minimum initial deposit of approximately $100, depending on your preferred currency. Still, Fortrade recommends a minimum deposit of $500 for the ultimate trading experience. In addition to the standard one, Fortrade provides the option of opening an Islamic FX account. According to Islamic law, these accounts are swap-free and do not pay roll-over interest on overnight holdings. A minimum balance of $2,000 is required for Islamic accounts. If you want to try trading for free, Fortrade demo accounts provide the same features as normal accounts, including real-time charts and quotations for most financial products. Moreover, this demo account has no expiration date, meaning you can practice until you feel ready. To experience online trading in a genuine trading environment, Fortrade deposits an initial notional sum of 100,000 demo credits into your trading balance. Still, remember to trade safely, as buying and selling CFDs online is potentially risky, requiring knowledge and experience. Payment Methods As we've mentioned previously, clients must make a minimum deposit of $100 after registering at Fortrade. In terms of banking transactions, traders can deposit and withdraw funds at Fortrade using a vast array of payment methods. Some of these include credit/debit cards like Visa and MasterCard, e-wallets like Neteller and Skrill, wire transfer, and more. It's worth mentioning that wire transfers require a minimum transfer of $250 and may include a fee of up to $40. If you're short on time, consider making transactions with e-wallets, as wire transfers could take up to 7 business days to be processed. Other payment methods are usually instant and with no fees. Conclusion To summarize, Fortrade is a convenient online trading platform that allows you to trade online across a wide range of assets with just one account. Thankfully, the trading conditions are reasonable, albeit the spreads could use a slight improvement. Fortrade, the broker on itself, provides a wealth of instructional resources with daily market research, making it an excellent choice for novice and intermediate traders alike.
Trading servicesLeverage on Avatrade: What It Is and How to Change ItAs the financial markets continue to become democratized and far more accessible than what they were even 20 years ago, investors - seasoned and novices alike - enjoy a greater number of options at their disposal. From trading commodities online to purchasing cryptocurrencies at an affordable rate, it is incredible to see the birth of new trading platforms. But one outlet helped pave the way for many of today's websites and armchair investors: Avatrade. Haven't heard it? Let's get acquainted, particularly on a popular form of trading known as leverage. Why Use AvaTrade? Avatrade was launched in Ireland in 2006 with the objective of giving users an alternative to the major financial institutions. Today, traders can utilize the Avatrade platform to trade stocks, commodities, foreign exchange, CFDs, and AvaTrade cryptocurrencies. It is essentially a one-stop-shop for seasoned and novice investors. But the primary question that many have is this: Is AvaTrade safe? Avatrade is considered one of the safest financial outfits since it is regulated in three tier-1 jurisdictions and three tier-2 jurisdictions. Put simply, Avatrade is regulated by several substantial entities, including: Central Bank of IrelandAustralian Securities and Investments Commission (ASIC)Japanese Financial Services Agency (FSA)Financial Sector Conduct Authority (FSCA) in South AfricaAbu Dhabi Global Market Authorities Financial Services Regulatory Authority (ADGM – FSRA) The platform also maintains something called AvaProtect. This is an insurance product on the platform that allows you to ensure your trade for a specified period of time. The company will refund you should you suffer any losses during this window. One of the frequently discussed components of Avatrade is leverage. What is leverage trading stocks anyway? What is Leverage Trading on AvaTrade? What is Leverage Trading? Leverage trading, also known as margin trading, is when investors borrow funds from a broker to open or add a position in an investment that is greater than the capital you possess in your account. This means that traders can exploit leverage for AvaTrade bitcoin trading, AvaTrade stocks, commodities, and forex. Of course, there is risk involved. If your losses are accumulating, the broker might trigger a margin call, and your holdings will be liquidated. In a volatile environment, AvaTrade recommends its users to manage their leverage wisely since it is easy that a position can move against you. And, yes, since you are concentrating on leverage, do not forget about the other things, too. For example, the AvaTrade spread for forex currency pairs! Does Avatrade offer its clients leverage? Yes. The Avatrade maximum leverage offered on the platform is 400 to 1. However, this ratio is lowered to a maximum of 30 to 1 if your account is held within the European Union (EU). There are some rules, too. For instance, Avatrade will require its retail traders to maintain equity of at least 50 percent in certain trading and options accounts. Since there are different leverage ratios, how do users adjust their leverage settings? When you open a trade, you insert the leverage position you are willing to take on. So, for Avatrade bitcoin leverage, you can trade up to two to one. How Much Leverage Does AvaTrade Offer? The maximum leverage offered on AvaTrade is 400 to 1. But if you are situated in the European Union, the maximum leverage is lowered to 30 to 1. If you want to get involved in AvaTrade Bitcoin leverage, you can receive up to 25 to 1 for non-EU residents and 2 to 1 for EU residents. AvaTrade also offers leverage for CFD trading of 33 to 1. Also, for stock index CFDs, it is 20 to1 and stock CFDs are 5 to 1. Suffice it to say, AvaTrade leverage in Canada or AvaTrade U.S. margin is slightly different than AvaTrade leverage in Europe. How to Change Leverage on AvaTrade First, in order to start trading leverage on AvaTrade, you will need to have sufficient funds in your client account so you can meet a margin call on AvaTrade. This is critical for both AvaTrade margin requirements and to protect yourself from substantial losses. Now, on the AvaTrade platform, you cannot alter the default leverage level of its products. This could prove to be challenging for the less experienced investor since preset leverage ratios could be too high for you. Is Leverage Right for You? While leverage can be a great tool to increase your gains, it can also exacerbate a downturn in your portfolio. The company even writes on the website: "Leverage is a very complex financial tool and should be respected as such. While it sounds fantastic in theory, the reality can be quite different once traders come to realize that leverage doesn’t only magnify gains, but it also magnifies losses." Unless you have the capital (and a little bit more) to support your losses and to meet the AvaTrade margin, you should limit your exposure to leverage — or, better yet, ignore it altogether.
PlatformsIn Which Countries Is eToro Available?Since eToro is the first social trading platform, which experts say is disrupting the online brokerage industry, many people would be interested in signing up for the service. You can connect with other traders, discuss investments and potential strategies, and learn some tricks and tips for executing the best trade possible. But can anybody join the trading eToro? Not quite. What Country is eToro From and Based? First, let's get acquainted with the internal functions of eToro. So, in which country is eToro based? The company's primary research and development office is situated in Tel Aviv, Israel. But its other headquarters are placed in London, England, and Limassol, Cyprus. It is presently regulated by the CySEC authority in the European Union. At the same time, it is also authorized by the Financial Conduct Authority in the United Kingdom and Financial Crimes Enforcement Network in the United States. The business has several registered legal entities located in the United Kingdom, the United States, Australia, China, and Cyprus. eToro Supported Countries You may have learned that eToro has been prohibited in 133 countries. The company does not permit investors in a long list of nations to open trading accounts. Some of the countries that are restricted from even combing through the eToro website include Canada, Hong Kong, Iceland, Portugal, Taiwan, and Turkey. That said, there are just as many eToro supported countries where you can utilize the social trading platform to your advantage, such as eToro Sweden and eToro Greece. But where else? In addition to eToro Jordan, eToro Qatar, and eToro Peru, users from these places can enroll: AustraliaAndorraAngolaAustriaArgentinaAzerbaijanBahrainBrazilBangladeshBulgariaBelizeBoliviaChileColombiaCzech RepublicDenmarkDominican RepublicEcuadorEgyptEritreaEstoniaFinlandFranceGermanyGeorgiaGibraltarGuadeloupeHungaryIndiaIrelandKazakhstanKenyaKuwaitMacauMadagascarMexicoMonacoNetherlandsNew ZealandNigeriaNorwayOmanPhilippinesPolandRomaniaRussiaSaudi ArabiaSenegalSlovakiaSpainSwitzerlandThailandUkraineVietnam Will eToro Update Its List of Countries? The global economy and international financial markets are always changing, so it is quite possible that eToro will expand its operations into these restricted countries. Whether it is opening access to Chinese users or Icelandic residents, eToro could see its innovative service start to make waves in the 100-plus nations.