Trading Forex online has never been easier than it is nowadays. If you plan to start trading in 2017 you can choose from a vast pool of brokers , trading platforms, and products like social trading, copy trading, and Expert Advisor. With the evolution of regulation and the trading environment, it is easy to find cheap and reliable alternatives for every type of needs. New trends emerge all the time, but the forex industry is more mature than it has ever been with much less risk of running into scams.
By choosing a good provider, you can ride the new trends and trade comfortably using the best analysis tools available. If you want to know about current market leaders in the business check out our reviews about eToro, Forex Broker Inc, Plus500, and IronFx, and
And with the spreading of new online payment methods like Bitcoin, PayPal, Webmoney, Neteller, Okpay, and Skrill it is faster, more secure, and above all cheaper to fund your account and withdraw your profits.
New trends in Forex trading
Expanding CFD Selection
A welcomed change is the possibility to get exposure to a wide range of asset classes by lots of providers; Stocks, commodities, indices, exotic pairs… you name it! With the expansion of choices more and more opportunities arise for traders. Even if you want to trade stocks or hold them for dividends some forex brokers have those options too.
Do you want to invest or speculate in bitcoin, the new crypto-currency? You can find it in the assortment of some of the companies too.
If you want to harvest the edge of automation in trading you are able to do it very easily these days. A lot of major platforms have integrated solutions to help traders implement their strategies through algorithmic trading. And with the use of Virtual Private Servers, that can even be free , you don’t have to worry about internet connection, speed or reliability.
A lot of people are choosing binary options trading instead of forex these days because of the relative ease of it, but they might be making a mistake. Those firms offering binaries are usually not regulated and can have high, and sometimes hidden, costs. You don’t have the proper knowledge about the reliability of these companies—as this is a new segment.
The online forex industry for Canadian traders, on the other hand, has decades of history now offering providers of the highest quality with a great regulation background.
In 2017 beginners from Canada have an excellent selection of training materials to choose from. Free e-books , webinars , news feeds, and several other sources provide possibilities for traders on any level from the beginner to the expert.
These resources combined with the possibility to experiment and train on free demo accounts offered by most brokers can help beginners to take their first steps without risks, and experts to try out new strategies and approaches.
Start Trading Now!
As you can see forex trading is booming; at least for the savvy trader. The fierce competition between brokers means that you can enjoy a buyer’s market. With all great offers out there, like no-deposit bonuses, mini-accounts, and high-leverage options, you are able to trade wherever you are , whatever amount of capital you have, and whatever device you prefer to use. Mature, easy-to-use platforms, low spreads, and a wide selection of products make profitable trading a reachable goal for everyone.
2017 is the time for you to start forex trading as a business!