Starting your first online trades is a dream for many investors who will then want to make it their main or secondary activity. Nevertheless, this profession (or this activity) is not without risks. Indeed, the trader can lose all his money in one or two clicks if the markets do not go in the direction of his short-term outlook. Especially if he uses leverage. It is therefore important to choose a good trading platform, trustworthy, so as not to go to the trouble… the flower with the gun.
By Bertrand Dubourg
What is online trading?
A trader who wants to invest in online markets and open positions will sell and buy shares by betting on rising or falling market prices. There are mainly two categories of traders:
- The independent trader who performs this operation for himself;
- The salaried trader who works for a financial institution;
Traders wish to generate profits as quickly as possible and develop various and varied strategies according to their beliefs in the markets. The trader speculates and wants to take advantage of all market opportunities. In other words, there are 3 families of traders:
- The swing trader : who simply wants to supplement their income with a long-term approach. The swing trader generally has a good knowledge of economics.
- the day trader: The trader opens and closes his buy positions over a day. It uses technical analysis and not fundamental.
- The scalping trader: Very short investment horizon. Here the trader takes positions for a few minutes or a few seconds.
Before getting serious about online trading
Choose a good broker like AvaTrade
The online broker must accompany you when you start in online trading, in particular through access to training simulators.
Manage your assets wisely
The trader must only commit a maximum of 2% of his capital to a position. This is called Money Management!
Know your market to start trading seriously
You can position yourself on:
- raw material
Train with AvaTrade
The AvaTrade trading platform allows traders to master their trading experiences thanks to tutorials and videos specially designed to get off to a good start in the stock market.
Introducing the AvaTrade Trading Platform
AvaTrade is a CFD broker that has existed since 2006 and has extensive experience in this very specific market. AvaTrade offers its users a smooth and secure experience. AvaTrade is an Irish trading site that currently has more than 200,000 customers.
AvaTrade offers a Copy Trading setting for novice traders. Finally, the broker provides access to a wide choice of financial assets.
AvaTrade stands out as a quality institution which has a reputation that is well established and a seriousness validated, year after year, by the various financial supervisory authorities of many countries (REGAFI register, list of intermediaries authorized in the financial investment adviser category on the ORIAS website, etc.
If you want to go to a platform worthy of the name, it is better to favor a broker who provides you with suitable tools such as:
- trading platforms with real-time prices,
- technical analysis tools,
- Efficient customer service,
- tutorials, etc.
You will have to choose your online broker depending on the financial markets in which you want to trade. In this, AvaTrade offers access to more than 1250 financial instruments.
AvaTrade: trading site with advanced tools
Traders on Avatrade have several platforms like:
- MetaTrader 4
- MetaTrader 5
- automatic trading
- social trading
AvaTrade is well aware that brokerage fees are taken into account when choosing the right trading platform. Most Internet users do not hesitate to challenge the transaction costs offered by the various brokers (spread, commissions, etc.) The platform therefore simplifies customer billing by integrating its commissions into its spread.
Things to remember about the benefits of AvaTrade
- Reputable trading site
- Trading education articles and tutorials
- Free deposits and withdrawals
- Wide choice of CFDs and financial underlyings