Trading the financial markets online is an activity that offers many advantages. Below you will find the main advantages that have convinced millions of people to become traders.
The first advantage is of course the possibility of making money. This is particularly thanks to the leverage offered by all online brokers, as we have explained by the calculation above in this guide. Some people actually get rich through their day trading activity. And although nothing is guaranteed in this area, with hard work and persistence, many people manage to make a decent living from trading, or just get a comfortable supplement of income from it. Making use of the Global CTB option is important in this case.
Take advantage of market rises and falls
As we have seen above, it is possible to profit from downward movements as easily as upward movements at online brokers that offer CFDs, depending on the financial products.
This means that the only time you can’t make money in the financial markets is when they are stagnating, which happens quite rarely. Concretely, you will therefore be able to take advantage of at least twice as many opportunities as in traditional trading, often one-way, buying.
In addition, it also means that the crises that panic investors so much and that cause rapid dips in stocks are opportunities to make big financial gains for online traders.
Minimal trading fees
Trading the markets online using CFDs is usually cheaper than “traditional” trading, regardless of the asset involved. For example, stock brokers charge transaction fees and commissions, but also often custody fees, fees that, when accumulated, seriously affect the performance of trades.
Access to numerous financial and asset markets
Where “classic” brokers often specialize in a particular market, online brokers that offer CFDs are generally much less limited. Trading platforms such as CTB allow you to access a wide range of financial products: forex, stocks, indices, commodities, crypto-currencies and even ETFs.