online trading
Today there are more online trading opportunities than ever before. You can still trade currencies at traditional forex brokers. Now you can trade several new markets and many more instruments at the same brokers. Most recently the funded trading model, also called “Prop” trading, became globally very popular for under funded, "for income" traders.
Classic Forex Trading
Currencies, Gold & Oil
24/5 Market Access
CFD Characteristics
Margin Trading
Leverage
Go easily Long & Short
Low Trading Costs
Free platform, price feed
Free demo account
Free basic training
Trade own funds
Mostly under funded
Carry own losses
Profits per own capital
Strong regulation
Low systemic risk
Trade. Grit. Profit.
New Markets
Indices, Stocks, Crypto
Limited to market hours
CFD instruments
Margin Trading
Leverage
Go easily long & short
Low trading costs
Free platform, price feed
Free or paid demo account
Free basic training
Trade own funds
Mostly under funded
Carry own losses
Profits per own capital
Strong regulation
Low systemic risk
Trade. Grit. Profit.
Funded Trading
Currencies & CFD markets
24/5 & Limited hours
CFD instruments
Margin Trading
Leverage
Go easily long & short
Low trading costs
Free platform, price feed
Virtual account
Free basic training
Real profit
Minimal risk
Affordable fees
Regulatory uncertainty
Some systemic risk
Trade. Grit. Profit.
OWN ACCOUNT TRADING
You have / need your own trading capital
Your own money is at risk
You need at least $1,000**
Find a reliable broker***
Trade wisely****
________
** Only use money you can afford to lose
*** Reliable means traders like you can rely on regulatory protection
**** Subscribe here to find out how
FUNDED/PROP TRADING
You pay a fee for a trading test
You need about $100 - $500
If you pass the test you are "funded"
The "funded" account is +/- 200x the fee
Profits from the "funded" account is real money*
Don't max out on the fee (you may fail the test)**
Find a reliable "Prop Firm"***
Trade wisely****
_______
*All trading is with simulated funds and conditions
** Only spend money you can afford to lose
*** Reliable is in the eye of the beholder. Subscribe for an opinion.
**** Subscribe here to find out how
TRADE NEW MARKETS
CONTRACTS FOR DIFFERENCE
A CFD is a financial tool used to trade on many markets.
Based on margin and leverage.
Long or short with ease.
Leverage & margin based on price volatility.
Profit / loss is difference between buy and sell price.
Profit / loss credited or debited to margin account.
STOCK MARKET INDICES
Subject to what your broker of choice offers.
Trade indices like the S&P 500, DJIA, DAX, FTSE, NIKKEI 225.
Usually leverage up to 10x is offered / allowed.
SPECIAL INDICES
Subject to what your broker of choice offers.
Trade the DXY (USD Index and VIX (S&P Volatility) & others.
Usually leverage up to 10x is offered / allowed.
INDIVIDUAL STOCKS
Subject to what your broker of choice offers.
Trade many listed stocks of well-known companies.
Usually leverage up to 5x is offered / allowed.
EXCHANGE TRADED FUNDS
ETFs are traded as baskets (a grouping) of listed assets.
Stocks, commodities, energy, bonds & treasuries etc.
Usually leverage up to 5x is offered / allowed.
BONDS & TREASURIES
US Treasuries
US Treasuries, German Bunds, Italian BTPs, Japanese JGBs
Usually larger minimum transaction sizes apply.
Maximum leverage varies wildly.
ENERGY MARKETS
Brokers offer mostly oil like WTI, Brent and also natural gas.
Usually leverage up to 10x is offered / allowed.
CRYPTO
Some brokers offer crypto currencies.
Instruments and margin requirements can wildly vary.
Leverage up to 2% or in some cases 5%
__________
The common characteristics of CFDs allow trading in many different markets using the same strategies and skill sets used for classic forex trading. You can learn and apply a winning approach to all CFD markets as a DayForex personal mentoring client based on a specialized approach to Forex & CFD trading.
Risk Disclaimer
Trading foreign exchange (Forex) and Contracts for Difference (CFDs) involves significant risk and may not be suitable for all investors. The high degree of leverage available for trading these instruments can work both to your advantage and disadvantage, magnifying both potential profits and losses. As such, it is possible to lose more than your initial investment. Additionally, there is systemic risk involved when trading through brokers or trading firms. The financial stability and operational integrity of your trading platform provider are critical, as disruptions or failures can result in financial loss.
Past Performance and Hypothetical Returns
Past performance, whether actual or hypothetical, is not indicative of future results. Any historical returns or hypothetical returns presented should not be interpreted as a guarantee of future performance. Similarly, trading results achieved by others do not guarantee that you will achieve the same results.
Profit and Loss Potential
It is important to recognize that any references to profits in trading implicitly carry an equal risk of losses. Trading is speculative and carries the risk of substantial financial loss. Before engaging in Forex or CFD trading, you should carefully consider your financial objectives, level of experience, and risk appetite. Only invest money that you can afford to lose.