What are the products of online forex trading broker?

Forex trading
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Felix Hartono
06 Nov 2012, 10:42 4,392 Views

Good evening, Sir,
for online brokers like alpari, instaforex, forex[dot]com, fxopen, etc. what products do we trade?

spot? futures? forward? exchange traded currency? swap?

Thank you

2 Answer

R
Rachmat 06 Nov 2012, 21:42

The trades offered by the broker are generally Spot trading. Usually when opening an account, the broker also offers various account types, such as Options, Swap / free swap, Binary & others.

Besides currencies, the broker also offers trading in Gold, silver Stocks, Indices, Oil, Gas & others in one software / Platform / Mt4.

In online trading like this, there is also trading that is allegedly similar to Gambling, such as spread betting. Financial Spreadbetting is a way to speculate in financial markets by trading various derivative products.

The products traded in Spreadbetting are usually Contract for Difference (CFD) based, where traders will buy a contract for a product at a certain time to profit from the increase / decrease in the value of the product in the future. You can see that football gambling mostly uses a model like this.

For safety, it is better to choose Spot trading with a Free Swap account, especially for those who adhere to religious teachings.

Thanks

R
rizki rosadi 18 Oct 2019, 20:51

@Felix Hartono: Brokers alpari, instaforex, forex[dot]com, fxopen primarily offer currency and metal (gold, silver) products with spot trading mechanisms. In addition to these main products, some also offer index and stock trading.

Regarding reviews of these brokers, you can read them on our broker review page. Thank you and hopefully this helps.

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