Summary
It's easy to open an account
- Fill in our simple online application form
- Fund your account
- Start trading the global markets instantly!
Strategy
Traders tend to use various strategies to achieve their financial goals, we cover the major strategies below.
Fundamental Trader – use fundamental analysis to evaluate the intrinsic value of the asset and analyse factors that could affect its price in the future. |
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Technical Trader – uses charts, indicators, graphs, and various other tools to analyse historical data. They base their decision on whether to buy or sell an asset |
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Sentiment Trader – attempts to catch and participate in trends. They often use aspects of fundamental and technical analysis to look for assets that move with the momentum of the market. |
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News Trader – monitors world news, economic report releases, company announcements, particularly economic and political events, to base their trading decisions off. They hope to benefit from potential volatility caused by significant events. |
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Arbitrage Trader – attempts to profit from discrepancies in the price of similar instruments on different platforms, markets, or general pricing errors by buying and selling the asset in question simultaneously. |
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Momentum Trader – looks for and buys assets that are moving significantly in one direction. |
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Noise Trader – has no real base on which they take trades. |
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Market Timer – try to determine which direction a particular asset will move within the market, especially when reversals in direction occur. |
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High Frequency Trader - utilises powerful computer algorithms to trade large numbers of orders in fractions of a second. |
TRADING TIME HORIZONs
Once you have chosen a strategy, you may wish to choose a trading style. Some strategies are better suited to different time horizons, but it all comes down to preference at the end of the day.
- Scalper – may make between a dozen to hundreds of trades each day to accumulate a profit from consistent small gains on small movements in the asset’s price. They will hold trades for very short periods from a few seconds to minutes.
- Day Trader – a day trader opens positions and closes them within the same day, avoiding leaving any open overnight.
- Swing Trader – aims to make short-term or medium-term gains, they will take trades that last a couple days or up to several months.
- Position Trader – focus on growth of potential assets and macroeconomic trends. They strive for long-term gains and hold some of their trades over weeks, months or even years.
Trading Strategies
Explore diverse trading strategies with Spreadex – your gateway to success in financial markets. Master fundamental analysis, harness the power of technical analysis, and stay ahead with strategic news trading.