Is online trading a scam or a real money-making opportunity?
Let's start by clarifying that online trading allows you to invest in financial markets and is the only tool capable of generating significant interest. Investing today is much easier than ever before! Many traders make money investing in the markets every day. How do they do it?
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How does it work? Regulated and authorized online trading platforms have made investing in the stock market possible. Some regulated Forex & CFD brokers include eToro, IQ Option, 24Option, and Itrader. Online trading refers to various investment sectors, such as Forex, stocks, shares, indices, commodities, ETFs, and more. To avoid potential capital losses, brokers offer free or paid training courses. The goal is to teach you what online trading is and how to trade effectively and professionally. To trade online, all you need is a computer and an internet connection. However, some platforms also allow you to do everything from your smartphone.
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Initial capital? You'll need a small amount of capital to get started. Brokers have taken this into account, and some offer a live online trading account with a minimum deposit of €100. These include, for example, Markets and 24Option. IQ Option allows you to trade with a live account and a minimum deposit of just €10! eToro, on the other hand, falls somewhere in the middle, offering a free, unlimited demo account and a live account with a minimum deposit of €50.
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But is it a scam? The term "investment" generally refers to activities that can multiply capital with a long-term strategy. Today, financial investments are giving way to the term "online trading," although in many cases it is used as a synonym, which is also inappropriate. Online trading remains "a very dangerous type of investment" that could even lead to the loss of your entire invested capital. Therefore, carefully read all contractual terms and conditions and carefully study your investments. If necessary, consult one of the advisors your broker provides.
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