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How to terminate or close your trading account?
Here's an unusual question: when, how and why close a trading account?
Leaving your job to become a trader: good or bad idea?
Before embarking on the adventure that is personal trading and trying to live off it, one must ask oneself the following questions (and answer them clearly, preferably): What does becoming a self-employed trader mean? What does living off trading mean?
What is money management?
Mastering trading and succeeding in the long run depends on various factors such as strategies, more or less advanced techniques, a trader’s own experience and approach on stock markets, personal qualities, etc.
What is the minimum deposit to open a trading account?
Opening a trading account usually requires depositing a first amount of money to confirm and activate the account. But this modality is different from one online broker to another. We must therefore study what each broker offers online before deciding to open an account with one or the other and can begin to invest online on financial assets.
Why does my broker require a photocopy of my credit card?
When a trader wants to register on an online trading platform, some formalities are imposed. It is a question of respect towards the regulation set up by the financial authorities in order to regulate fraud and to control and protect amateur or professional traders.
Can we trade at night and on weekends?
Online trading has more and more enthusiasts. However, all traders, amateurs or professionals are not necessarily available at the same time as the main financial centres, traditionally between 9am and 5pm.
What are the various stock exchanges trading times?
The various world financial centres rotate according to the main continents’ time difference. It may be relevant to know these times for certain operations in the CFDs or Forex markets as well as follow the economic statistics of the country’s financial centre.
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What are the benefits of CFD trading?
CFD stands for ‘contract for difference’. It is a derivative which makes speculating with a small deposit easy. CFDs are directly negotiated financial instruments. As unregulated derivatives they allow traders to take advantage of prices moving up or down on underlying financial assets.
ETF Trading with eToro
Thanks to online trading platform eToro, the best traders have now access to the trading of ETFs (Exchange Traded Funds). EToro thus diversifies its portfolio by providing its users with 30 new ETFs. It is possible to carry out online transactions on new Italian, Spanish or even Japanese shares, whether they be from public or private sector companies, from industry or services. Examples of these ETFs are QQQ, IWM and DIA that respectively track the NASDAQ, the Russell 2000 and the Dow Jones industrial indices.
