How Currency.com has Revolutionized Brokerage Trading & Currency Exchange
It has been almost two decades since the internet emerged as an entity that has revolutionized the meaning of trading for good. What was considered impossible in the real world has now become a reality that every common person is able to benefit from. Trading assets (Forex, Commodities, CFD’s, Cryptocurrency, Stocks & Indices) that were once considered to be suitable for corporations and industries are in reach of a common person and they are making full use of the tools and benefits provided to them by trading brokerages to make profits.
How Currency is Different from Other Brokerages
With the promising outcomes from the online trades and ever-growing influx of the online trading community, there was a need for online brokerages that could help new investors invest their life savings and help them make profits that would in turn become their primary/permanent source of income.
In time, the online trading platform was flocked with thousands of brokerages, which were ready to provide investors with services at extremely reasonable trading plans. However, every brokerage seemed to be following the same old format of having investors open accounts starting from a minimum of 250 (USD, EUR, GBP, etc.) and going up to hundreds of thousands where each account was given benefits and tools based on their investment amount. This also resulted in the investments to be affected based on the currency value they made the deposit in.
While brokerages focused only on providing the same type of service, Currency.com emerged as a brokerage as well as an exchange that not only provide investors with assets to trade in but to also be able to exchange their assets into cryptos or tokens that they could be used to trade in 100+ assets.
How Tokenization Achieved the Unachievable
By introducing tokenization in the trading dynamics, ensured that the investors had the benefit of the making a deposit and convert their deposited currency into tokens that they can use to invest in any trading asset or product they saw fit and earn profits in tokens.
Why Currency Provides Exchange Services as well?
While all the brokerages in the entire online world are focused to provide a trading platform to investors, Currency has also managed to provide services as a Currency Exchange. This allows Currency to enable its investors in spending their money to buy Bitcoin that they can use to buy other cryptos or assets where the purchase of assets is mandatory.
Additionally, this also provides investors to tokenize their investments and trade in assets such as Forex, Indices, Cryptocurrencies, Commodities & CFD’s using these tokens
Assets Offered by Currency for Trading
When it comes to assets, Currency ensures that the customers are provided with a list of popular assets that they can choose and trade-in. This not only increases the chances of investors making more profits but also keeps them motivated and satisfied, which means if an investor suffers a loss in a particular trade or asset, they have more assets to choose and trade-in and they do not have to worry about finding a new brokerage offering other assets:
Forex (foreign exchange) trading is considered to be the top online trading platform that refers to the process of buying and selling foreign currencies in the form of pairs such as USD/EUR, GBP/CAD, JPY/ZAR, etc. One factor that turned out to be an advantage for forex traders is that everyone is aware of foreign currencies and is aware of the dynamics in the rise and fall of currencies. This has resulted in the volatility of Forex trading to spike through the charts and as a result of its high liquidity, a mass influx of investors who are eager to test their skills and make fortunes have been attracted to this trade like moths to a fire.
As a result, the daily transaction volume of forex trading has crossed a whopping $5 Trillion per day, which is even more than the daily stocks/indices trades’ transaction volume combined. Additionally, people who are investing in forex tend to go for the USD/EUR currency pair that is referred to as the hot pair in forex trading. The total weightage of this pair can be measured by the daily transaction volume of $2.5 Trillion per day that almost equals fifty percent of forex’s daily transaction volume.
Stocks trading is commonly referred to as the term “Shares” that refers to the assets of a company/corporation that it targets to sell in the public markets to generate funds for their organizations as well as to meet their annual targets and capitals. These funds are then used to commence research and development projects to expand their business and stay on top of their game. This business tactic is considered so effective that the majority of the leading companies such as Apple, Amazon, Facebook, etc. choose this option.
In Stocks trading, investors can own a share of a company by buying its stocks through the public market. Once owned, the investors can wait and monitor the stocks market to evaluate and predict whether the price of the particular company’s stocks is to fall or rise. If the stocks’ value goes up, the investors can sell these stocks either back to the public market or the company itself to earn profit in the price different from point of purchase to point of sale.
While stocks trading refers to the assets of a single company, Indices comprise of collective asset value of a group of companies that represent a particular field of expertise or the same country or region. The best part about indices trading is that the investors are not required to buy stocks but they are required to keep an eye on the particular index out of many indices that are currently operating throughout the globe.
The investors can benefit and earn profits both from the rise or fall of the value of the collective assets of a group of companies buy choosing a short (sell) position if the price value of the asset is to take a fall or choose long (buy) position if the price is to go up. At present, this trade is considered better and faster than stocks trading as firstly, it does not involve investors having money to buy the stocks, and secondly, the trades can be performed in a very short amount of time. A few of the most popular indices are Nasdaq Composite, NASDAQ-100 & FTSE 100 Index, etc.
It is a trade that is normally perceived as a trade fit for industries and manufacturers where they can strike a deal and come to an agreement to bridge their buying and selling contracts. However, Currency.com has improvised a unique and astonishing maneuver that even the individual investors can use to make profits without the need of manufacturing a commodity or buying it in bulk. Commodities are natural resources that are grown either on the earth’s surface (e.g. wheat, rice, cotton, corn, etc) or extracted from inside the earth’s surface (e.g. crude oil, gold, copper, etc.).
In Commodity trading, two or more investors can come together to first choose a commodity of their interest and decide upon a unit price and data/time of the completion of the contract. Once the contract reaches its expiration, if the unit price of the asset is higher than the pre-decided price, it’s the buyer who makes the profit and if the unit price of the asset drops than the pre-decide price, it’s the seller (manufacturer) who is at an advantage. This particular process is referred to be CFD’s (contracts-for-difference).
The best thing about having CFD’s in commodity trading is that neither of the investors has to own a certain amount of money to buy the asset or needs to have the resources to manufacture them. Once the contract has reached its fulfillment or expiration, both the investors have the option to either continue with it as an on-going contract or cancel it and start a new one with new terms and conditions.
Cryptocurrency trading is the most recent addition to the online trading industry and is considered by many expert traders and analysts to be the trade that will be able to take over Forex trading in the coming years. The reason behind this speculation is that Cryptocurrency is as volatile and liquid as forex and it is even more secure than forex.
The cryptocurrency was introduced to the entire world and mainly to the internet community back in 2009 with the creation of Bitcoin. This gave birth to another source of trading that existed as a decentralized entity, encrypted with cryptographic keys shared only between the sender and receiver without the interference of any central or middle party regulating these transactions. Many expert programmers recognized the importance of this opportunity and started developing crypto-currencies of their own.
This led to a large inflow of investors to storm towards this trade and till now, more than 1600 crypto-currencies have been introduced and due to their liquid and volatile nature, many people are investing their money in this trade and making huge profits. At present, the top crypto-currencies to trade in are Bitcoin, Ethereum & Litecoin, etc.
Trading Platform that Investors Get to Trade With
To ensure that the investors get to trade in the most user-friendly and competitive trading environment, Currency.com has developed a trading platform of their own because if they relied on a third-party trading platform, it would stop them from providing their clients with the facilities that they had to offer. To achieve this goal, Currency has developed an intuitive trading platform that is equipped with state of the art interface, top-notch trading tools, high-end chart styles, 70+ accurate technical indicators, buy start/end, sell start/end, and many more.
These features not only facilitate investors in trading but also act as catalysts to boost morale as well as the confidence of investors so they can perform their activities without any hesitation or worry.
The great news for the potential investors is that the Currency.com trading platform is also integrated into online browsers and smartphones via IOS & Android apps. This step was taken by the experts at Currency to ensure that their investors are able to trade without being dependent or bound to a single operating system and can perform their trades with a single click or a tap.
Why Must You Choose Currency over Others?
If you have read the article till the last paragraph then it means that you are serious about investing in the online trades and are looking for a brokerage that can help you make the most out of your investments. So, your search ends with Currency as you will never find a brokerage that dares to provide investors with two services (brokerage & exchange) and is focused on providing investors with the best trading experience through a trading platform developed by the company itself to meet client demands and make improvements based on their feedback.
Furthermore, trading through Currency.com opens doorways for you to trade in the top financial markets around the globe with the tightest spreads and they apply no hidden charges for these. Other benefits of you trading through Currency are that you can avail high level on crypto spreads, you receive the latest news on trading markets, you can trade with up to 1:100 leverage, and your assets, as well as trades, are kept secure with a security system that is on par with industrial level security.
Also, if you ever find yourself stuck in a situation where you require assistance or a piece of advice from an expert, you can always reach out to Currency’s 24/7 customer support via email or live chat support that is available through popular social media platforms such as Whatsapp, Viber, etc.
So What is Your Take?
Always remember that no matter how attractive and profitable the world of online trading may seem the risk of losing everything also runs parallel to making fortunes. If you are putting all the effort that is required from your end while trading and the luck is on your side, you are bound to make fortunes and if it is the other way then you need to stay calm and rational, as these are the keys to success in online trading. If you think it is not manageable for you, then it is wise for you to change your mode of investment before you regret making your decision.