Forex trading is an international, financial market for trading currencies where you will find the most heavily global traded market, with over $4 trillion in daily volume. Forex, is in fact, the perfect market for Day trading. With a high volume market an intense trading activity, the forex market is the home of professional traders, who are responsible for steaming the markets by making millions per day.
Day trading is simply the buying and selling of an asset within a single trading day. Traders use high amounts of leverage and short-term trading strategies to earn over small price movements in highly liquid stocks or currencies. One of the main aspects of day-trading is recurring to markets where you can find the most volume, and forex is the one market where day-traders roam. Day traders keep the markets running efficiently by providing much of the markets’ liquidity.
But to start your day-trading activities you will need to choose a trusted broker with a professional platform to help you with your trading.
Xtrade is a professional broker founded in 2010 by industry professionals. The company has its Headquartered in Limassol, Cyprus, and is licensed by CySEC and a number of other regulatory bodies within and without the EU.
Xtrade has five global offices supporting traders in 140 countries and offers the right tools for day trading. The platform also allows for free standard accounts and free access demo trading upon registration, which is great for newcomers to try out the platform. At Xtrade, you will find more than 150 CFD asset choices, with currency pairs, including Bitcoin, Stocks, Indices, and Commodities.
The company trading support includes professional charts, all sort of technical analysis tools, alerts, and training provided by customer service representatives accessible “24X6” via live chat, email, or direct phone. The company trading platform is online only and requires no downloads.
With a trading platform also available for mobile devices, a free demo account, and no additional commission charges, Xtrade might just be the perfect place to start your day-trading activities.
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