Why Learning to Trade doesn’t have to be expensive

Why Learning to Trade doesn’t have to be expensive
Why Learning to Trade doesn’t have to be expensive. Image by master1305 on Freepik.com

Trading is a legitimate form of investing that has been around for centuries. In the past, trading was done on physical exchanges, but with the advent of the internet, online trading has become the norm. Online trading is accessible to anyone with an internet connection, and it has opened up opportunities for people to invest in various markets from the comfort of their homes. Capex.com is an online trading platform that offers free training on how to trade in contracts-for-difference, commodities, gold, currencies, and crypto. In this article, we will discuss how to use Capex.com to teach yourself how to trade in these markets.

To start trading on Capex.com, you need to open a trading account. This is a simple process that requires you to provide some personal information and complete a suitability test. There are no fees or charges to open an account. This will immediately give you access to the education platform and a demo account to practice once what you learn.

Once your account is set up, you can access a range of educational resources on trading, including videos, webinars, and e-books.

What can you learn to trade on CAPEX.com?

Contracts-for-Difference (CFDs) are financial instruments that allow traders to speculate on the price movements of an underlying asset without actually owning the asset. CFDs are popular among traders because they offer high leverage, low transaction costs, and the ability to trade on both rising and falling markets. Capex.com offers a range of CFDs, including stocks, indices, forex, and commodities.

Commodities are physical goods that are traded on exchanges around the world. Some of the most popular commodities include crude oil, gold, silver, and wheat. Trading commodities can be challenging because their prices are affected by a range of factors, including supply and demand, geopolitical events, and weather conditions. Capex.com offers a range of commodities CFDs that allow traders to speculate on the price movements of these assets.

Currencies are traded on the foreign exchange (forex) market, which is the largest financial market in the world. The forex market is open 24 hours a day, five days a week, and it allows traders to speculate on the price movements of currency pairs. Trading currencies can be challenging because their prices are influenced by a range of factors, including economic data, political events, and central bank policy. Capex.com offers a range of currency CFDs that allow traders to speculate on the price movements of major currency pairs, such as EUR/USD and GBP/USD.

Cryptocurrencies is a relatively new asset class that has gained a lot of attention in recent years. You can choose from a range of cryptocurrency CFDs, including Bitcoin, Ethereum, and Litecoin. You can speculate on the price movements of these cryptocurrencies by going long (buying) or short (selling) the CFDs. It is important to note that cryptocurrency trading can be highly volatile, and it is recommended to use risk management tools, such as stop-loss orders, to minimise potential losses.

Why should you learn how to trade online?

There are several reasons why you might want to learn how to trade online:

Flexibility: Online trading allows you to trade from anywhere, at any time, as long as you have an internet connection. This flexibility can be especially appealing for those who want to trade as a side hustle or part-time job.

Control: Online trading puts you in charge of your own investments, allowing you to make informed decisions about when to buy and sell assets. This can be empowering for those who want to take an active role in their financial future.

Potential for profit: Online trading can be a potentially lucrative form of investing, as it allows you to profit from price movements in a wide range of assets, including stocks, currencies, commodities, and cryptocurrencies.

Educational opportunities: Online trading platforms often offer a range of educational resources, including tutorials, webinars, and market analysis, that can help you build your knowledge and skills.

Diversification: Online trading can allow you to diversify your investment portfolio by investing in a range of assets across different markets and sectors.

However, it is important to keep in mind that trading is not without risk, and success requires discipline, knowledge, and experience. Before starting to trade online, it is important to conduct thorough research, develop a trading plan, and use risk management tools to minimise potential losses.

Be prepared for the risks.

While online trading can be a convenient and potentially profitable form of investing, it is important to be aware of the risks involved. Here are some of the key risks associated with online trading:

Market Risk: All investments involve some degree of market risk, which is the risk that the value of your investments will fluctuate due to changes in market conditions, such as economic data, geopolitical events, or company performance.

Liquidity Risk: Some assets, such as thinly traded stocks or options, may be difficult to sell at the desired price, which can result in unexpected losses.

Cybersecurity Risk: Online trading platforms are vulnerable to cyber-attacks, including hacking, phishing, and identity theft.

Leverage Risk: Some trading instruments, such as CFDs, allow traders to use leverage to amplify potential gains, but this also increases the risk of significant losses.

Psychological Risk: Online trading can be emotionally challenging, as traders may experience anxiety, fear, or greed, which can lead to impulsive or irrational decisions.

To mitigate these risks, it is important to conduct thorough research, develop a trading plan, use risk management tools, such as stop-loss orders, and avoid taking on more risk than you can afford to lose. It is also recommended to only use reputable online trading platforms and to keep personal and financial information secure. Ultimately, successful trading requires a combination of knowledge, discipline, and experience.

Why use CAPEX.com?

CAPEX.com is an award leading international online trading platform with a solid history. It is registered in multiple territories, including South Africa. It is important to choose a trading platform that holds itself accountable to local regulations and silos your account to ensure that your money is secure.

It charges no up-front fees to open an account, no monthly charges to have an account, and it gives you free access to its entire training and learning academy.

You can get started today by visiting https://www.capex.com/za and open your free account today.

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CAPEX.COM/ZA is operated under license in South Africa by JME Financial Services (Pty) Ltd, an authorised Financial Services Provider and regulated by the FSCA  FSP number 37166.

About CAPEX.com

CAPEX.com is a leading global trading platform providing its users with expert insights, tools, and resources to make markets accessible to a worldwide audience and offering a tailor-made trading experience. Its professional trading platforms, robust technological infrastructure, and transparent trading conditions have propelled it as one of the most respectable brokers on the international stage.

Anchored by a global presence and regional expertise, CAPEX.com holds operating licenses from Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, the Financial Services Authority (FSA) in Seychelles, and the Financial Sector Conduct Authority in South Africa. Visit www.capex.com and follow us on Twitter, LinkedIn, Facebook, and Instagram for more details and insights.

Trading leveraged products involve a significant risk of loss.