Trading, in general, has been around for hundreds of years; it has been the primary method for exchanging goods and services between two or more people. However, this term has been evolving as the years passed, and it's now a globalized concept with several branches that you can study before starting to trade any asset.
There are hundreds of reasons why you may have decided to start trading:
Regardless of the reason, trading is an exciting world with thousands of possibilities to be discovered!
Before we start diving into recent trading platforms and how you can use them to your benefit, we believe it's important that you know a bit of online trading history. This piece of information can give you a glimpse of how trading has evolved over past decades and how it's going to keep growing in the future.
Online trading was born in 1972 when the National Association of Securities Dealers (NASD) programmed a piece of software as the first electronic stock market in the world. This product was called the National Association of Securities Dealers Automated Quotations (NASDAQ).
However, NASDAQ didn't perform like trading platforms work nowadays. Back then, the platform still needed human broker input to start, which required up to seven days to execute a single trade. When it first started, NASDAQ mainly worked with floor trading, which is when people gathered into a single room and began shouting bids.
In the 1980s, more people started to execute trades by phone, which lead to more efficiency with this software. Phone trading lasted until the 1990s since the Internet started to become widely popular as a better way to execute trades without losing much time.
NASDAQ is still working to this day, and it has evolved to adapt to recent trading trends, making it the second-largest electronic stock market in the United States.
As you can see, trading has gone through several platforms to work, and it's expected to keep evolving as new technology and trading tendencies come by. Getting access to information is easier than ever, which makes us believe that this is one of the best times to start your trading journey.
Trading is a basic economic concept that has been around for hundreds of years. It's the act of exchanging goods and services; normally, these transactions happen in two ways:
While that's the broader concept, online trading has a slightly different approach. In this "online" variant of trading, you're exchanging different financial instruments instead of goods and services. These financial instruments can be many types of assets, such as CFDs, cryptocurrencies, commodities, currencies, and more.
To start trading, you need to follow some basic steps, such as opening a trading account, learning the fundamentals of stock markets, creating a trading plan, and practicing in an online stock simulator if you want.
However, the most important thing to start trading is doing proper research. The stock markets are always evolving, making it difficult to keep up with all the information coming in. If you don't take the time to read new information, you may have some issues understanding why the market is behaving in a particular way.
Overall, trading can be done by anyone with an active internet connection and browser, but it needs dedication and patience to become an expert in it.
The possibilities of online trading are endless! Many platforms allow you to trade most assets available on the market right now. If you're just starting to trade, you may be confused about what asset best fits your goals. Here's an overview of the most frequently traded assets.
This is a contract made between the investor and the broker. When the contract ends, both parties exchange the difference in a particular financial instrument's opening and closing prices. In trading, it involves speculating how high or low a specific financial instrument's price is going to achieve in the future.
The difference between CFD trading and traditional trading is that you're not directly trading the assets; you're trading a specified number of units from that asset.
Currencies are your traditional assets, such as USD, EUR, GBP, CAD, etc. In this type of trading, you're doing it in currency pairs. For example, whenever you're going to trade a currency pair, it means that you're selling a currency and buying a different one.
Some of the most popular currency pairs include EUR/USD, USD/CAD, USD/JPY, and many more.
These are a recent addition in trading. Cryptocurrencies are digital assets that don't exist in physical form, and they can be easily obtained from anywhere in the world. To trade cryptos, you have to speculate on the price a particular cryptocurrency may reach in the future and execute a buy/sell order based on that speculation.
It may be difficult to choose a particular cryptocurrency to trade at first since there are hundreds of them. However, if you're just starting, you can go with the most popular ones, such as Bitcoin, Ethereum, Ripple, Litecoin, etc.
Commodity trading involves agricultural commodities, metal commodities, energy commodities, and many more. Here, you're mostly trading gold, oil, and other agricultural products.
This type of trading has been around for several years, focusing on the primary economic sector.
Keep in mind that an asset can be any object with financial value, meaning it can be turned into cash. In the case of financial assets, you can find all the instruments mentioned above, as well as bonds, mutual funds, deposits, and much more.
As we said before, the trading market is huge, and you can trade pretty much anything that has value. However, it may be confusing for you at first to find the correct asset to trade. Thankfully, our trading app, CFD Trader, allows you to trade all the mentioned assets with a single platform.
Trading apps are still a fairly new creation, so it's common to find many of them with different features, compatibility, and look. However, finding a reliable trading app is not so simple because some of them are created by developers who don't know anything about trading, which leads to bad functioning.
CFD Trader was developed by a large team of passionate traders and developers, so you can rest assured that this piece of software contains the right information that you need to start your trading journey more efficiently.
This app has a simple concept, but it's more powerful than you may think. To use CFD Trader, you need to input your trading parameters on the system; these parameters involve entry and exit points, type of asset you're trading, and overall game plan. After you do this, the app is going to continually look for appropriate trades that match your criteria.
The best thing about CFD Trader is that it can save you a huge amount of time if you use it consistently. One of the traders' primary concerns is not having enough time to learn enough about proper trading. While trading requires a lot of dedication to become good at it, it doesn't hurt to have a helping hand every once in a while.
Last but not least, this app can be used by anyone who has an active internet connection and browser. There's not a required level of experience to start using CFD Trader, so if you're a beginner looking to dive into trading, this may be one of the best ways to go.
One of the most important things about any app is its features. It's what makes them unique among all the others on the market. With the constant creation of new and innovative software, it can be complicated to stand out.
Fortunately, we did our best to ensure that CFD Trader offers an unforgettable trading experience to anyone who uses it, regardless of their current trading level. If you want an in-depth overview of how this app can help you become a better trader, keep reading!
Most traders do their sessions on a computer since it's a powerful and comfortable device to keep track of all the information coming in. However, not everyone has a computer or laptop available for trading, making it inaccessible for some users.
To fix this, we made CFD Trader available to any smart device that has an active internet connection. This means that if you have a smartphone or tablet, and you want to start trading, you can do it by creating a CFD Trader account.
You can also use this app on separate devices, so you can have a primary and secondary device for your trades, depending on what you need. We suggest using a computer as your primary device and your phone as the second one for the most comfortable experience. However, if you don't have a computer, don't worry; you can still access the app's features from other devices.
CFD Trader relies on its powerful algorithms to do its job. Some developers focus on giving their product a heavy marketing department without working on the app's technology. In these cases, you may end up with a product that advertises itself amazingly but performs poorly.
In our case, we paid full attention to the software since it's the thing that is going to make you learn the fundamentals of trading. If the app works, it's going to advertise itself, which we believe is even better!
Our algorithms are continually working to find appropriate trades for you; if you change your trading settings, the app is going to adapt to those changes to maximize its efficiency. This is not a one-size-fits-all app, but rather one that works alongside every user to achieve proper learning progress.
We know that managing your money is as important as the app's functionality. Some platforms may make you go through extensive funding or withdrawal processes that may feel confusing, so we decided to keep that area as simple to use as possible.
With CFD Trader, you can easily make funding, saving, or withdrawal transactions at any point of the day without any extra steps. The money you invest with CFD Trader is all yours, and you're free to use it however you want.
Regardless of your current skill level, you can take less than an hour to set up everything. If you're a beginner, you may spend more time looking at each feature and deciding which one works the best for you, but even in these cases, you may take up to 45 minutes to get ready.
Not everyone works at the same pace, and we took that into consideration when developing CFD Trader. You can take as much time as you want in the set-up process, and we strongly advise that you do that to make sure that you're implementing the right strategies.
Hidden fees can be frustrating. We encountered our fair share of platforms with hidden fees back when we were trading, and it was not a great feeling. We didn't want to make the same mistake as other developers, so we decided to go with transparency in every aspect of our app.
You don't have to pay any registration, funding, or withdrawal fees with CFD Trader. The only money that you have to use is the one you're planning to invest in.
The easiest part of CFD Trader is signing up. If you want to enjoy all the benefits this app has to offer, make sure that you become a member by following all the steps below!
First, input your contact information so that we can send you a verification e-mail with the details. In this case, you have to send us the following:
After you verify your account, you need to fund it and input your trading criteria to begin trading. Take as much time as you need in this step because it's the most important one. When you believe you're fully set up, you can move on to the next step.
If you're a beginner, don't worry; the app is going to lay out every feature inside it as well as recommendations on what to do in your first session.
Last but not least, hit the "Trade" button to start! Remember that you can change your trading settings whenever you consider it appropriate.
Having doubts about any service is common, and it's vital that you clear up as many of them as you can to avoid any confusion or mistakes along the road. We wanted to get one step ahead of this and made a list of our most frequently asked questions.
If there's anything that you don't quite understand properly, you may find the answer below.
The main difference between assets is the thing you're trading and how you trade it. For example: in CFD trading, you're not trading the asset itself; you're trading a number of units from that asset. In currency trading, you're buying a currency and selling another, which is known as "Currency Pairs."
Last but not least, crypto trading involves trading the cryptocurrency itself based on previous speculation of its future value. Overall, each asset may be slightly different to trade, but with CFD Trader, you can easily tell the difference apart since we laid out everything carefully in our user interface.
CFD Trader doesn't require you to pay anything besides the investment you're planning to make. There are no registration, funding, or withdrawal fees, and you can manage your money in any way you feel appropriate.
To use CFD Trader for free, you have to become a member of our trading community. Signing up for our app is fairly easy, and it doesn't take more than a few minutes.
Yes! CFD Trader was created for every trader, regardless of their current skill level. Every feature in the app is carefully explained so that beginners can get on track faster. This piece of software is especially great for beginners since it serves as a way to learn the fundamentals of trading more effectively and without the stress factors that traditional trading often involves.
On the other hand, professionals can also use this app to save time in their trading sessions. We know how time-consuming this activity can be, which is why we're providing a tool that can help you get some breathing air every once in a while.
We want to give you the help that we couldn't get back when we first started trading. It's important to have the right tools when you're learning how to trade, especially when there's such a large amount of information on the internet.
Using CFD Trader doesn't guarantee any results since we didn't develop the app for that. However, we can promise that by using it constantly, you can become a much better trader who knows how to identify trading signals and strategies properly.
If you're ready to start your trading journey with us, make sure to fill out our registration form below, and let's get to work!