Jumat, 07 Agustus 2020

An Appreciation for Online Currency Trading

An Appreciation for Online Currency Trading

We sometimes forget just how amazing the world of online currency trading is, and how technological advances and regulatory systems have shaped (and are continuously shaping) the forex market landscape. FBS, as one of the oldest and reliable forex trading brokers, reflects upon the things that make online currency trading a wonderful milestone in human history.

Online currency trading levels the playing field for all human beings

Inequality of opportunities has been a tough issue to solve, because of the common paradigm that generally rings true in the world of commerce – the rich become richer, while the poor stays poor.

However, this rather outdated and harmful mindset is slowly crumbling with globalization and digitization. What was once a market for the elite, forex is now a market for any dedicated individual who has a computer and an internet connection. 

The magic of online currency trading lies in accessibility to a shared pool of funds. As a single individual, a trader would not have enough capital to make a substantial profit. Even a hundred-pip movement wouldn’t make much difference if the trader only invests $100 in EUR/USD, which would yield $1. 

For many people, $100 in capital is already too much to risk, and taking $100,000 in credit is a risk that is too much to bear, but a shared fund for margin accounts allows higher leverages than ever. Learn about how with just $1, you can open an FBS Cent Account

Online forex trading is becoming safer than ever 

Some people argue that online forex trading is prone to fraud because “everything is stored electronically”. This argument may have been true some 20 years ago, and it would have been true for many online banking systems. Still, the world admired the concept of digitizing money, and it’s now ubiquitous – no large and modern bank avoids digitization precisely because it works.

It is the safest method of storing value to date, and numerous regulatory bodies have created stringent certifications that must be attained by forex platforms to remain in operation. This in effect creates a positive feedback loop. Traders want only the best, most secure trading platforms, regulated by an official governmental body, and trading platforms must go beyond meeting basic requirements.

This creates new high standards for online forex trading platforms, and thus platforms are always going to be more secure in the future.

FBS Trading: Always by your side

FBS is an acknowledged, licensed international forex trading company and the official trading partner of FC Barcelona football team. They are present in 190+ countries, have more than 370,000 partners, and more than 14 million active traders. For more than ten years, FBS has provided secure, innovative, and client-friendly financial services. FBS strives to be as transparent and accessible as possible, 24-hour providing customer support in various languages. 

FBS envisions a world where forex trading is a norm and any individual from any background can make a living by trading currencies online.