Learning to earn: why ongoing financial education is vital for online traders - World Finance
Learning to earn: why ongoing financial education is vital for online traders - World Finance |
Learning to earn: why ongoing financial education is vital for online traders - World Finance Posted: 29 Oct 2019 10:11 PM PDT ![]() ATFX wants to encourage secure trading within what is a highly competitive and volatile sector Interview with: Ergin Erdemir, Head of Marketing, ATFX October 30, 2019 Financial education is the ultimate investment a trader can make. And yet, its value is often underestimated. Many enter the world of online brokerage with a certain degree of self-taught knowledge. While this can prove useful, without further guidance, traders are prone to overestimating their expertise – in fact, a recent OECD financial literacy survey found that most individuals rate themselves as having a higher level of financial knowledge than they actually possess. Trading is a skill just like any other, and neglecting to take one's education seriously can have significant consequences. Online brokers have become increasingly aware of the knowledge deficit that exists among their clientele, and a number have begun to realise the benefits of providing this much-needed education as a service. World Finance spoke to Ergin Erdemir, Head of Marketing at ATFX, to learn more about the educational tools the company provides. What does ATFX offer to online global investors? Can you tell us about the recent ESMA regulations and how they've affected your products? ATFX wants to encourage secure and efficient trading within what is a highly competitive and volatile sector. To do this, we ensure that our team is there for our clients throughout their trading journey and that each trader is well equipped to face the markets. ESMA's product intervention is significant and something our company does not take lightly. As such, ATFX adheres to all of the relevant regulations while still offering highly competitive spreads and charging no commission, reducing the cost of trading for our clients. What educational services does ATFX offer and why did the company decide to introduce them? As part of this programme, ATFX's Global Chief Market Strategist, Alejandro Zambrano, delivers a daily webinar to discuss the state of the market and provide real-time insights to traders. In addition to this, he personally coaches existing and prospective clients through in-house seminars. In these seminars, Zambrano discusses how to manage risk through methods such as stop-loss and limit orders, technical analysis, fundamental analysis and trading psychology. Education is a core part of what we do; ATFX wants its clients to fully understand the basics of trading and what is at stake. We don't offer a rose-tinted view of trading – instead, we provide accurate, reliable and trustworthy information regarding risk, risk management, trading strategies and in-depth market analysis.
What are ATFX's ambitions for the coming years? We have also launched a new institutional offering aimed at high-net-worth individuals, funds, proprietary vehicles and retail broker aggregates. This new service provides clients with bespoke liquidity, competitive spreads and 24-hour pricing. We are dedicated to providing a seamless and effective interface for our institutional clients with simplicity, speed and reliability at its core. ATFX prides itself on its customer-centric service. By dedicating efforts to enhancing clients' trading experience, ATFX believes it will continue to be one of the world's leading forex and CFD brokers. |
Plus500 adds more than 90 new indicators to its trading app - Forex Factory Posted: 03 Oct 2019 12:00 AM PDT 90 indicators that won't tell you anything. What about an indicator that shows you where most traders have their stops and profit target? Add an indicator that shows how their clients are positioned short or long. What about an indicator that shows how many shorts or longs at a current level. You won't see these as they would actually give you a serious advantage. Complete and utterly useless. |
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