2023-11-03 04:38

As is well known, there are numerous brokerage firms worldwide that offer Contract for Difference (CFD) services. To ensure that individuals who might not be familiar with CFD understand it, we will provide a brief explanation here: CFD is a derivative that allows traders to speculate on the price movements of various financial markets. In this type of trading, traders do not own the underlying assets but are simply exposed to their price fluctuations. Commonly traded assets in CFD include forex, crude oil, gold, indices, and more. Now, let's get back to the main topic: how can you find a satisfactory brokerage among the many options available? Here, we outline several key points to consider when choosing a brokerage. 1. Regulated by authoritative agencies. Trading is akin to starting a business, and traders must assume responsibility for their trades, just as entrepreneurs do. Anything related to money can involve elements of fraud, so when selecting a brokerage, the first and most crucial step is to confirm whether the brokerage is regulated by an authoritative agency. Regulators continuously monitor a brokerage's financial capabilities to ensure the smooth operation of their funds. If you're unsure how to check a brokerage's legitimacy, you can click to read more. 2. A variety of trading platform features A reputable brokerage typically offers various features to assist users in their trading. For instance, VC Plus not only provides basic drawing functions but also offers special features to facilitate users' trading experience: Buy/Sell Signals - The system automatically captures buy and sell signals, allowing users to easily identify potential entry and exit points. Backtesting - This feature enables users to test the success rate, returns, and risks of specific buy signals based on historical data. Demo Account - VC Plus provides users with a practice environment to become more familiar with various strategies before entering the market. In addition, VC Plus plans to introduce more user-friendly features in the future. Stay tuned for exciting developments! 3. The convenience of the platform The platform should prioritize customer convenience, much like VC Plus's platform, which allows users to log in directly through the web version without the need for MT4 or MT5. This eliminates the previous risk associated with Apple Store banning MT4 and MT5. Additionally, VC Plus supports dual systems, enabling users to place orders through the mobile app, providing great convenience for traders who need to trade when a PC or laptop is not available. Moreover, for those who frequently trade on their mobile devices, logging in is a breeze. You only need to log in once on the mobile app, and the system will automatically log you into your account. Even if you log out later, users can still use fingerprint, Face ID, or a PIN to log back in. It's safe to say that this is incredibly convenient. 4. The account opening process is simple and convenient In today's market, most brokerage firms offer the convenience of opening an account online, and the entire process is quick and straightforward. You won't need to invest too much time to complete the account opening. With VC Plus, it takes just about 10 minutes to complete the account opening process. Click here to register and open a VC Plus account 5. Professional customer service team After opening a trading account, what concerns users most is the ability to access customer service personnel for problem resolution. Therefore, it's essential to choose a broker with a proactive and professional customer service team. VC Plus boasts a customer service team consisting of highly professional, experienced, and dedicated individuals. They are committed to providing personalized, high-quality support to each customer and delivering top-quality solutions for addressing urgent customer service needs. For more details, please feel free to contact VC Plus's Jayden at +6012-799-7131. Good News! VC Plus is currently running a year-end promotion. All you need to do is join any VC webinar and open a VC Plus account before the promotion ends. There are three different tiers of promotion: Promotion 1: 100% discount Join webinar + Open VC Plus account + Deposit USD 500 within 14 days Promotion 2: 30% discount Join webinar + Open VC Plus account + Deposit USD 100 within 14 days Promotion 3: 10% discount Join webinar + Open VC Plus account Know more about the VC Plus course: https://mqac.i3investor.com/mqtrader/mqdemy/landing/course/desc/36/intermediate Promotion only valid in 2023 *T&Cs apply

2023-11-01 03:01

Understanding the Relationship Between War and Forex War and the foreign exchange (forex) market might not seem connected, but they are more intertwined than you might think. This connection shows how global events, like wars, can impact the value of money and financial markets. In this short journey, we'll uncover how wars influence forex, affecting currencies, economies, and traders' decisions worldwide. Geopolitical Uncertainty: When wars break out, traders seek stability, leading to a surge in safe-haven currencies like the US dollar, Swiss franc, and gold. This boosts their value in forex trading. Risk Aversion: Wars increase market caution, causing investors to sell off risky assets and move to safer options. This shift in capital impacts forex rates. Economic Impact: Wars disrupt economies, hurting infrastructure, production, and confidence. The currencies of the countries involved often depreciate as their economies weaken. Central Bank Policies: Central banks react to wars by adjusting monetary policies, which can affect a currency's value in the forex market. Commodity Prices: Wars in commodity-producing regions can affect prices. This, in turn, influences forex rates. For example, if a war occurs in a place that produces things like oil, it can mess with the prices you pay for gas or other goods. The price of commodities can impact forex rates, especially if your country relies heavily on those resources. Fiscal and Trade Balances: The cost of war can strain finances, leading to deficits and increased borrowing, affecting a country's currency value. Refuge for Capital: Neutral countries that aren't involved in wars can become attractive spots for investors looking for safety. This can lead to an appreciation of their currencies, affecting your foreign investments. Volatility: Wars create uncertainty and rapid developments, increasing forex market volatility. Keep in mind that the impact of wars on forex markets varies based on the conflict's scale, countries involved, and global economic factors. Traders and investors monitor these events closely for informed trading decisions. VCPlus offers a demo account mode, which lets you practice trading without using real cash. It's like a training ground for getting better at trading. You can sign up for a free VCPlus account today! Download the VCPlus app and sign up for a free trading account today! Link for iOS Link for Android

2023-10-18 01:45

Forex trading is like a thrilling rollercoaster of money-making opportunities, but, just like in any fun park, there are tricksters around trying to ruin the experience. In 2023, it's more important than ever for new traders to distinguish the good guys (legit brokers) from the bad ones (scammers). This blog is your guide to learning how to tell them apart, so you can protect your cash and keep the excitement of trading alive. Let's explore simple ways to keep your money safe in the fast and ever-changing world of forex trading. (This is a revised version of our previous blog.) 1. Know the regulatory body Think of regulatory bodies as the rule-keepers of the forex world. They ensure brokers follow the rules. When you visit a broker's website, look for a symbol or logo that shows their regulator. For example, VCPlus proudly displays its regulator, FINTRAC badge at the bottom of its website. Always check for clear proof that the broker is regulated by a trustworthy authority. 2. Investigate for safety: Some brokers may pretend to have a regulator, but they're just pretending. That's when your inner detective comes in. Look up the regulator online and check for details. Also, check if your broker's name is on the regulator's official website. VCPlus is on FINTRAC's list Sometimes a simple Google search is all it takes to protect ourselves from scams. This way, you can be sure your broker is the real deal. Click here for more info about VCPlus on the FINTRAC website. 3. Protecting Your Money: Have you ever heard of a piggy bank? Well, think of a segregated bank account like one, but bigger. Your money is kept safe and separate from the broker's money. VCPlus trusts your money with HSBC, a trusted bank. It's like putting your money in a locked box where no one else can touch it. Verdict As you start your forex adventure, watch out for sneaky scams like brokers not keeping their promises, platforms that act up and cause problems, and excuses for not giving your money back. As you begin this exciting journey, keep your wits about you. VCPlus offers a demo account mode, which lets you practice trading without using real cash. It's like a training ground for getting better at trading. You can sign up for a free VCPlus account today! Download the VCPlus app and sign up for a free trading account today! Link for iOS Link for Android

2023-10-17 07:56

A lot of Forex traders focus on having a stop-loss plan to limit losses, but they often overlook how much they're investing in each trade. This oversight can seriously impact a trader's account, especially when using a significant amount of borrowed money (leverage), all because of choosing the wrong investment amount for each trade. Given the higher leveraging and price fluctuation risks in the Forex Market, traders are strongly advised to calculate an appropriate position size for each trade to avoid wiping out their account with a single trade. Here is the basic information that you should determine before delving into the details of how to calculate position sizes: i. Currency pair and the price that you plan to trade (e.g. USD/JPY, $149) ii. Stop-loss point (e.g. 20 pips) iii. Risk percentage (refer to the next section of this blog) 1. Determine the percentage of risks per trade So how much should you risk per trade? The rule of thumb is to limit your risk to a maximum of 2% risk per trade. Here’s a table illustrating the difference between risking 2% and 10% of your account for each trade. Trade # Account Balance 2% Risks on Each Trade Trade # Account Balance 10% Risks on Each Trade 1 $10,000 $200 1 $10,000 $1,000 2 $9,800 $196 2 $9,000 $900 3 $9,604 $192 3 $8,100 $810 4 $9,412 $188 4 $7,290 $729 5 $9,224 $184 5 $6,561 $656 6 $9,040 $181 6 $5,905 $591 7 $8,859 $177 7 $5,314 $531 8 $8,682 $174 8 $4,783 $478 9 $8,508 $170 9 $4,305 $431 10 $8,338 $167 10 $3,874 $386 Total Balance $8,171 Total Balance $3,488 The table above clearly illustrates the impact on the account balance assuming you loss in all 10 trades. If you risk 10% of your trade each time and experience losses in all 10 trades, your account balance would dwindle to $3,488, resulting in a loss of over 65% of your initial capital. Conversely, by only risking 2% of your account in each trade, your account balance would still be $8,171, reflecting a loss of less than 20% of your initial capital. While nobody anticipates a losing streak in all 10 trades, this serves to emphasize the critical importance of minimizing risk to avoid depleting your account in just a few trades. 2. Calculate Pip Costs per trade After deciding how much risk you want to take, you can then calculate the total value of pips you can risk per trade using the formula below. Value of Risks ($) = Starting Balance ($) x % risks Total value you can risk per pip ($) = Value of risk ($) / Stop Loss in pips When you combine both formulas, Total value you can risk per pip ($) will be as below: Starting Balance ($) x % risks Stop Loss in pips For example, if you plan to buy USD/JPY at $149.00 with a $10,000 account, is willing to risk 2% for each trade, and set to stop the order when you have 20 pips loss, the calculation will be as below: $10,000 x 2% 20 = $10 (total value you can risk per pip) 3. Calculate Lot Size per Trade Once you know the total value you can risk per pip, you can then calculate how much lot size you can place per trade using the formula below. Total value you can risk per pip / Pip Value = Maximum lot size you can place Continuing from the previous example, the calculation will be as below: Pip value = (0.01/$149) = $0.000067 Maximum lot size = $10 / $0.000067 = 149,253 This means, the maximum lot size you can place is 1.49 standard lot size so that the order is within the risk percentage that you’re willing to take per trade. (To know more about lot size, refer to: Understanding the Basics in Forex Market - Lot sizes) In Conclusion… In essence, effective risk management in the Forex market extends beyond setting stop-loss points and demands a meticulous approach to determining the appropriate position size for each trade. With the inherent risks of leveraging and price fluctuations in the Forex Market, setting a 2% risk rule is important to safeguard against substantial account depletion even in the face of consecutive losses. Forex traders may follow this step-by-step guide to align their positions with their risk tolerance level. VCPlus Trading Advice: Trading is NOT gambling. It is highly advisable NOT to place trade values that are higher than our risk appetite. Disclaimer Risk management strategies may vary depending on each trader’s risk appetite. The above article is a guideline for beginners. Traders may adjust their risk management strategies along their trading journey. Download the VCPlus app and sign up for a free trading account today! Link for iOS Link for Android

2023-10-17 06:42

Understanding the Forex Market The forex market is a global market where foreign currencies are exchanged for various reasons. It is the largest and most liquid global market, open 24 hours a day. The Forex market is the most liquid market in the world, handling over $5 trillion in transactions per day. The remarkable liquidity in the Forex Market means that prices can quickly respond to global economic news or events. Even small changes in how much people want to buy or sell can lead to significant shifts in prices causing significant price fluctuation. Image 1: USDJPY 30-minute chart shows price fluctuation from 21/9/2023 to 16/10/2023. (especially on 3/10/2023) One important concept beginner traders need to be clear about is that, in the Forex Market, an open position refers to any active or ongoing trade that hasn't been closed by an opposing trade. Whether it's initiated by a buy (long position) or a sell (short position), the position stays open until there's a corresponding trade in the opposite direction. Price changes will directly affect your open positions until you close them. On the other hand, closing a position involves carrying out a security transaction that directly counteracts and cancels out an existing open position, effectively closing the initial market exposure. Hence, due to its liquidity and susceptibility to significant price changes, risk management in the Forex market aims to reduce losses stemming from fluctuations in exchange rates. Understanding the Stock Market On the other hand, the stock market allows traders to buy and hold share units of listed companies. The trading hours of the stock market depend on the country’s time zone of the exchange where the company is listed and are typically from 8:00 a.m. to 5:00 p.m. in that particular time zone on weekdays. Changes in individual company share prices depend on company performance, prospects, industry outlook, management style, etc. Most exchanges have set a range to control daily price volatility in the market. Additionally, there is lower liquidity compared to the forex market. Hence, price changes in the stock market are generally gradual and less significant compared to the forex market. Image 2: MAYBANK 30-minute chart shows stable price movement from 21/9/2023 to 16/10/2023 In the Stock Market, buying a share means actually owning the share unit until you sell it. Price changes in the market will not directly affect your portfolio unless you decide to sell it, which will then incur realized profit and loss to your account value. Risks in the stock market are mostly related to the company’s management style and performance. Therefore, an effective risk management strategy in the stock market is to avoid non-performing companies. Risks and its management Leveraging Risks In the Forex Market, brokers allow traders to utilize high leverage, ranging from 1:20 to 1:500. This enables traders to place orders that are 20 to 500 times larger than their available capital. However, leverage is a double-edged sword; it can maximize profits but also incur significant losses if the market moves unfavorably. Therefore, the first and foremost step for traders to manage their risks is to place orders with small lot sizes. To minimize leveraging risks, most Forex traders will place orders that are less than 0.1 lot. Image 3: Order box, volume setting example on VCPlus (To know more about lot size calculation, refer to Understanding the Basics in Forex Market - Lot sizes) Leveraging in the Stock Market is much lower compared to the Forex market. In general, traders can get leverage of up to 3 times their capital or equity values from a stock market broker. Since the leverage risks are lower, stock market traders typically place orders of more than 1 lot based on their available capital. Price Fluctuation Risks As mentioned earlier, prices in the Forex Market are more susceptible to fluctuation based on economic news and events, to reduce risks linked to price fluctuation, it is highly advisable for Forex traders to always set a Stop Loss (SL) and Target Price (TP) when you open a position. With this setting in place, the system will automatically close the position when the market reaches a particular price level, helping traders prevent further losses and lock in profit. When setting up SL & TP, remember to consider the Risk-Reward ratio as well. The common ratio is 1:1.5, meaning the potential profit has to be 1.5 times more than the potential loss. Image 4: Order box, SL & TP setting example on VCPlus The Stock Market typically follows a predictable market cycle and is less volatile than the Forex market. In addition, stock market traders mainly incur realized losses when they sell shares in the market. Therefore, traders in the stock market may not necessarily set a Stop Loss or Target Price. Table summary of different risk management strategies between the Forex Market and Stock Market Differences Forex Market Stock Market Trading timing 24 hours a day Typically from 8:00 a.m. to 5:00 p.m. (depending on country) Factors affecting price movement in the market Global economic news and events Individual company’s management style and performance Matched orders Open orders remain active and are directly exposed to price movement in the market until the order is closed Matched order means owning the shares until it is sold. Market price only affects a shareholders’ portfolio value during the buying and selling phase. Leverage available Up to 1:500 Up to 1:3 General order size < 0.1 lot > 100 units or 1 lot Price fluctuation risks High fluctuation with more trading opportunities Lower fluctuation with fewer trading opportunities Order setup Always have a Stop Loss and Target Price in mind every time an order is placed Not necessary to set Stop Loss and Target Price when placing an order In conclusion… Trading in the Forex and Stock Markets involves different risks and strategies. In the Forex market, where currencies are traded, things can change quickly because of global events. Forex traders need to be careful with leverage, which can amplify both profits and losses. Setting specific levels to limit losses and secure profits is crucial too. On the other hand, the stock market, where you buy and hold share units of companies, is more stable. Risks here are often tied to how well a company is doing. Stock traders in stocks usually focus on picking strong companies to avoid losing money. In simple terms, Forex is like a fast and dynamic river, and stock trading is more like a steady stream. In both cases, it's important to be smart about risks, using different approaches that suit each market's nature. VCPlus Trading Advice: Trading is NOT gambling. It is highly advisable NOT to place trade values that are higher than our risk appetite. Disclaimer Risk management strategies may vary depending on each trader’s risk appetite. The above article is a guideline for beginners. Traders may adjust their risk management strategies along their trading journey. Download the VCPlus app and sign up for a free trading account today! Link for iOS Link for Android

2023-10-11 08:40

最近，以色列和巴勒斯坦的冲突导致国际原油价格飙升。尽管以色列和巴勒斯坦不是主要的原油生产国，但这场冲突发生在中东地区，因此有潜在的影响。无人能确保伊朗是否会站在巴勒斯坦一边，从而升级这场冲突。如果这样的情况发生，它可能会影响主要的石油生产国，导致供应问题并推高国际原油价格。 因此，作为交易者，了解几个最主要的大宗商品以及它们的主要生产国是至关重要的。这样，无论何时发生国际事件，我们都能够迅速做出调整以应对市场的波动。 以下都是些比较热门的大宗商品。这些商品在国际市场上具有重要地位，受到供求、地缘政治和其他因素的影响。所以太剧烈的价格波动也会影响后续各国的经济发展。 原油 原油作为了发动世界的燃料是目前世界上最重要的能源之一。除了作为能源意以外，原油也是许多化学工业的原材料例如溶液，化肥，杀虫剂，润滑油等等。因其的经济价值与地位，原油也被称为黑金。现在就让我们看看原油的主要生产国是哪些国家。 根据能源署的报告，我们可以明显看出，几乎一半的原油生产国位于中东地区。因此，每当中东发生重大事件时，都会直接影响原油价格的走势。同时，俄罗斯作为世界第三大原油生产国，其地位也至关重要。这也解释了为什么俄乌战争等事件会将原油价格推高至130美元。因此，为了更清楚地了解石油价格的动向，我们应该密切关注这些国家在国际舞台上的动态。 天然气 天然气作为一种绿色环保且经济实惠的能源燃料，逐渐替代了煤炭，尤其是最近的零碳排放计划导致许多欧洲国家开始转向更清洁的能源，因此天然气自然成为首选。 资料来源: Enerdata 根据数据，美国、俄罗斯和伊朗是全球三大最大的天然气生产国。由于地理位置相近，俄罗斯成为欧洲最主要的天然气供应国之一。实际上，欧洲联盟国家对俄罗斯的天然气供应高度依赖，其中超过一半的天然气需求来自俄罗斯。因此，当美国宣布对俄罗斯实施制裁后，许多欧盟成员国面临短期供应短缺的问题，这导致了电费上升，并最终影响了通货膨胀率。 铜 铜是一种与人类密切相关的有色金属，它在自然界资源丰富，具有出色的导电性、导热性、延展性、耐腐蚀性和耐磨性等卓越特性。因此，铜广泛应用于电力、电子、能源、石化、机械、冶金、交通、轻工、新兴产业等领域。作为一个出色的金属铜已经深入了我们生活中的方方面面。 资料来源: Statista 铜的主要生产国有智利，秘鲁以及刚果。铜作为地球上最广泛存在的金属之一，需求一直稳步增长，与全球经济的增长步伐紧密相关。目前，由于电气化需求的增加，铜的需求在不久的将来可能会进一步加速增长。高盛分析师认为，电动车的兴起也将成为推动铜价格上涨的重要因素。此外，在2023年7月31日，美国能源部正式将铜列入了关键材料清单，进一步确认了铜在未来的战略重要性。 通过这篇文章，我们也认识到了当前备受关注的能源和金属大宗商品。了解大宗商品有助于我们更好地理解它们的供需关系，以及可能导致供需不平衡从而影响价格的因素。这将帮助我们及时制定交易策略，以期待未来盈利。在下一篇文章中，我们将探讨农产品大宗商品，并分析可能影响它们价格走势的因素。 好消息！！！ VCPLUS 已经正式在 App Store 与 Google Play 开放下载啦。 只需一台智能手机就能轻松下单赚取盈利 VCPLUS所提供的功能比你想象的还要多： 提供买卖信号，回测查看数据 产品种类繁多，把握各种机会 模拟账户，随时检验交易策略 还在等什么呢？赶紧点击开户，开始你的交易之旅！