Currencies CFDs

In a world where inflation erodes your savings every day, it wouldn’t be wrong to call savings an antonym of investment. A dollar today might be worth much less in 10 years. Imagine the effect on your overall savings.

Of course, it requires training, concentration and experience to become a profitable trader like many others in the market.

Forex is a combination of two words: "foreign" and "exchange". Essentially, the forex market is where you exchange foreign currencies. The word "exchange" means you give one currency to get a different one. When it comes to trading, you may profit or lose on the change in the value of one currency against the other one. Take, for example, trading EUR/USD. If the value of the base currency changes against the other one, you will see a profit or loss based on the direction of your trade.
 
The most important thing to keep in mind here is that the forex market is not centralised. It is decentralised, which means no singular entity is able to control it. 
 
On any given day, forex trading can amount to $5 trillion.

Here are some of the advantages of trading Forex:

• Due to trades taking place worldwide around the clock and thanks to a stable internet connection, you are able to trade your currencies at any time of day or night.
• With other markets, heavy influencers can often change the direction of the market and increase or decrease the demand of a particular instrument. Forex is so big, however, that no singular entity can influence its liquidity, supply and demand.
• Finally, yet very importantly, you can trade in the Forex market in both directions. By using certain options, you can benefit even from the currencies whose value is going down.

Here are some of the amazing advantages of starting your trading experience with Libertex:

• Trade on the go, anytime you want, wherever you want.
• Pick your favourite market assets, including CFDs for currency pairs, commodities, metals, indices and more. Libertex even lets you trade select cryptocurrency CFDs.
• Manage all your financial instruments in one user-friendly app to avoid the hassle of switching between windows and having to adapt to dozens of different interfaces.
• With a leverage of 30, you can execute trades that are much larger than your account balance.
• Start with a demo account so you can get the hang of the market and put your newly acquired skills to use in a simulated environment before getting down to serious trading.