Which one is better to go for foreign exchange speculation? Which platform is the best to speculate

When choosing a foreign exchange trading institution, you must first ensure its formal security, and then consider the profitability, which you can decide by looking at the regulatory qualifications, trading experience and other operations.

I've also heard of Weishi, it's a good platform.

I heard that weishi is okay full of regular advertisements and very few low-key.

Identification method of foreign exchange platform:

1. Look at the regulators.

Generally, formal and powerful platforms will be regulated by FSA, NFA, FSC and other institutions, of course, some are regulated by institutions in various countries, such as the United States, the United Kingdom, Australia, Cyprus, Mauritius, etc.

2. Stability of the foreign exchange platform.

The stability of the platform can ensure that users can buy and sell normally.

3. Whether the slippage is normal.

Generally, slippage will occur on small platforms, although occasional slippage is normal. Irregular platform slippage is unacceptable, and often greatly exceeds the user's acceptable range.

4. Whether the opening bank is official and authentic.

It mainly verifies whether the address of the bank is real, whether the remittance object is an individual or an institution, and if the remittance object is an individual, it needs to be carefully considered.

5. Immediate**.

Whether the real-time ** of the trading platform is synchronized with the market price, if the real-time ** and the market ** are too different, it will seriously affect the income of investors, and the regular trading platform does not allow such deviations.

6. Deposit and withdrawal time.

The timing of deposits and withdrawals is an important factor to consider when investing in Forex.

FX168 Broker Channel has made a detailed analysis and introduction to the major foreign exchange platforms, and you can query the spreads, deposit and withdrawal speeds, regulators and so on of the foreign exchange platforms.

Wiston, this is not bad, formal, and the trading environment is good.

Choosing a stable forex platform that you can't rely on is crucial for forex speculators. Based on this principle, we can recommend Olymp Trade to you.

Olymp Trade is a trusted forex broker that was founded in 2014. Headquartered in Seychelles, the company is regulated under the European Union's Old Market Directive on Financial Instruments, which proves that the company is reliable and secure.

Olymp Trade's trading platform is easy to use and suitable for both beginners and experienced traders. The platform also offers excellent educational resources, including training courses and tutorials**, which can help traders further improve their trading skills and knowledge.

Olymp Trade has low trading costs, no *** cash notices, and no other hidden fees. Traders can easily choose from over 80 trading assets, including forex,**, commodities and indices, to name a few.

In addition to this, Olymp Trade also offers smooth and effective trading** and forex apps, supporting major platforms such as iOS and Android. This app provides a smooth and efficient trading experience and provides users with convenient mobile trading.

Overall, among the many foreign exchange trading platforms, if you want to speculate on foreign exchange safely and stably, Olymp Trade is a good choice. <>

There is no absolute good or bad platform, because different platforms have different requirements for leverage, margin and spread, which depends on the customer's own capital situation and trading habits, so don't ask which platform is better, but see which platform is more suitable for you.

In addition, for novices, when choosing a platform for the first time, it is necessary to pay attention to analyzing and judging the formality of a platform from the following points, and do not make a decision lightly, so as not to be deceived by a black platform.

One: Since our domestic foreign exchange is not fully open, there is no formal foreign exchange platform in China, and all domestic foreign exchange platforms must be informal, so the domestic foreign exchange platform is eliminated first, and there is no need to consider it.

2. All formal forex platforms will have at least one or more regulatory agencies, such as the FCA in the UK, the NFA in the United States and ASIC in Australia. If you can't even check the platform that can't be supervised, you must not do it, it will definitely not be safe.

Three: Looking at the establishment of the platform, the regular old platform must be assured and safe. Those informal foreign exchange platforms are naturally not long, and the more newly established platforms, the more attention should be paid to.

Whether the platform is good or not, supervision is the most important. To see if a foreign exchange platform is in order, you can directly look at the regulatory license and qualification, which qualification the platform advertises, and go to the corresponding regulatory agency to check whether it is the corresponding qualification, and whether the regulatory number is correct or not, and know the truth at a glance. AT holds the UK FCA 750K top regulatory license, the formal platform is trustworthy, and the deposit and withdrawal are fast, and it can be received within one working day, which is a good choice.

There are so many platforms for speculating on foreign exchange, it is difficult to say which one is good and which is not good, you can go directly to the foreign exchange Wikibit to check it, and the above can be queried for many foreign exchange platforms that have information records.

Most of the foreign exchange done now is traditional foreign exchange. There are also some binary options foreign exchange, that is, gambling with the platform, but the state does not seem to support these, and the risk is too great.

Like the traditional foreign exchange done now is basically to speculate on exchange rate changes, mainly national currencies and ***, the index is rarely done, compared with some domestic ** and commodities, foreign exchange still has some advantages, remove some of the common problems in the internal disk, but after all, the international disk is somewhat different from the domestic one, and the technical aspect of foreign exchange does not account for a large part of the proportion, most of them still rely on data analysis.

Like the ** EIA, the first application, and the big non, they all require a certain amount of data and some experience of their own. In fact, judging from the chaos of bulk products in recent years, most investors should have lost all their money, and if it is not so serious, there should be a lot of losses.

The first thing to do investment should be to have an absolute understanding of your own investment project and calculate the future returns, if you just see others make money and want to follow up, then the final result is the same as 15 years, just take over.

Is it reliable to make money by speculating in foreign exchange?

Unreliable. If you don't have the technology, the platform you choose is not regular, basically the money is thrown into the water, and it must be unreliable.

I think we should do a lot of good technology. That's the real thing.

Beginners are advised to make the following preparations before investing. For novices, there are fewer detours.

1.Don't listen to what the old friends say, you don't need to read books, you don't need to read technical information, just fry more. I think there are some basics of forex that newbies must know that still need to be learned.

For example, do you know what a pressure line is, how to use a template, how to use 5 sticks, and so on.

2.Investors must do it themselves, and only by operating the transaction in person can they truly experience the market and summarize more trading experience in the transaction. The greatest pleasure of doing foreign exchange is trading.

3.Look at the data, there is nothing more convincing and learning than data. Communicate more.

4.One investment, don't invest in the early stage, and don't need to invest, because you can apply for a demo account, when, you have a feeling of simulating, and you are investing.

5.Choose the mainstream platform, don't touch the hey platform, all the people in the box are newcomers. I don't really believe in any rebates or anything.

Investment and financial management are first and foremost risky, and it is not a completely profitable investment. Only investments are high-income and high-risk. Therefore, the basic knowledge is necessary, it is recommended to take a look at "Introduction to Speculation ** Speculation on Foreign Exchange" and "Japanese Candlestick Curve" to read more of these basic books to increase operation skills.

7.That's right. If you are a newbie, you can register a forex demo account first, and first register for free to play. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.

Reliable. It is recommended that novices do not blindly contact the foreign exchange market. It is just a suggestion that if you want to try the foreign exchange market, the money must first use spare money, and the second is best to use spare money in idle money.

For example, if you have 200,000 yuan of spare money in your hand if you have no other necessary plans to spend in the future, if you are really interested in this market, you can choose a reliable platform (it is recommended to find a platform provider with high ratings on Forex 110 or WikiFX, which is regulated by the British FCA or Australian ASIC).

Then take out one or two hundred thousand of the 200,000 spare money to try first, usually the big regular platform providers have their own analysts, foreign exchange solution live broadcast or order suggestions, more or less you will learn some useful things, but also develop more attention to the international economy and politics interest.

Therefore, novices who contact this market, the first thing is to invest spare money, after all, it is a high-risk market, margin trading, using leverage, T+0, 24-hour trading. The mechanism of loss resistance and loss is not the same as if you buy**or**, of course, the income will be different.