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6 February 2014, 15:30

The Evolution of Online Trading

Online trading platform - Teletrade Over the past two decades, investing in financial instruments has evolved from a niche market to a mass phenomenon, mostly as a result of the digitalization of the stock market and the automation of buying and selling. The online trading revolution which began in the late 1990’s, opened its gates to retail clients by bridging the gap that used to stand between the market makers and end users.

The origination of online trading came in 1994 with the advent of the digital age. Internet became affordable, making its use widely accessible. The notion of being self-contained as a trader was highly tempting. There was no need to have a broker involved, transaction costs were minimized and trades could be carried out on a round-the-clock basis. By the same year, the first online brokers were formed and hundreds of investors opened accounts with them. If an individual was capable of conducting proper research and had sensible management skills, he was able to make money online.

Online trading has been described as the liberalization of Wall Street, as it crumbled the fortress of the “Masters of the Universe” – those Wall Street tycoons who had insider knowledge of the financial world, managed transactions and made all the rules. With a fast internet access and a robust central processing unit, the online trading platform now serves as a doorway to the lucrative Forex market. What used to be a game ruled by large banks and hedge funds is becoming a common field that brings the same profit opportunities to retail traders as to major investment firms.

Online Forex Brokers

Today practically anyone can invest in financial markets with the help of a reputable online Forex broker. The modern online brokerage firms changed the investment scenery and gave traders more potential, as they provide free access to global markets and to a wide portfolio of financial products , such as Forex, CFDs, stocks, commodities and futures. They also offer many value-added services, like the ability to use margin accounts as a leverage to investments and trading signals services. Furthermore, they give traders the ability to conduct backtesting and forward testing of their trading strategies on risk-free demo accounts before committing any capital. Clients enjoy direct access to quotations, superior orders execution, fast deposit and withdrawal procedures and dedicated customer support 24/5.

Forex brokers provide specialised online educational programmes to develop traders’ trading skills, as well as reliable and up-to-date information, graphs, expert analysis and market news. They also provide streamlined mobile software applications for trading. The development of online trading software with mobile browser capabilities, facilitated by the use of smart phones, tablets and other mobile devices, unchained traders from their PCs and enabled them to conduct transactions anytime, anywhere, at their own convenience.

Online Trading Platforms

Technological innovations not only maximized accessibility to global financial markets, they also transformed the way of conducting transactions . The online trading revolution could not have been made possible without the development of free online trading platforms. The possibilities that this powerful software gave to investors are just endless.

MetaTrader (MetaTrader 4 & MetaTrader 5), which is currently the most preferred online trading platform in the world, is capable of serving thousands of investors working with multiple accounts simultaneously. With this platform, traders are enabled to conduct transactions in Forex, CFDs and futures in one account with quotes history going back many years. It features an accessible, user-friendly interface with a wide array of innovative functions, which render it a state-of-the-art, yet easy-to-use platform.

Moreover, it enables traders to manage financial instruments, databases, data feeders, traders’ groups and many others with utmost ease and effectiveness. MetaTrader serves traders in many currencies and languages, boasting a robust security system, advanced automated trading and convenient mobile trading features. Its advanced performance, enhanced reliability and maximum security are just a few of the qualities that give MetaTrader its competitive edge, thus offering the ideal solution to even the most discerning trader.

Social Trading

Online trading made investing in financial instruments highly accessible and available to anyone, through the use of social trading platforms. Social trading, also known as synchronous trading, is a mutually beneficial cooperation of professional traders and novice investors, whereby traders allow monitoring of their trading transactions and investors take the opportunity to connect to them and copy their trades in an automatic mode. For newcomers and inexperienced investors who have just made their debut in financial markets, it is probably the best opportunity to make money online through the use of a straightforward and affordable system.

Social trading gained popularity so fast, because it gave investors the ability to make profit without having professional knowledge and skills in Forex, or having to analyse financial markets news and master complicated trading strategies. Thanks to social trading, all you need to do is simply selected traders with a proven track record, copy their trades with utmost reliability and transparency and earn whenever they earn.

The benefits of social trading are numerous. It is an easy and secure way of bringing additional earnings to both traders and investors, while providing investment diversification, low entry threshold, valuable practice opportunities, time saving and ease of operation. It is a simple and automated process that can be easily used by investors of any competency level.

TeleTrade, as a world-wide leader with proven track record in financial markets, equips traders with all necessary tools in order to succeed in their trading endeavors and harness all the amazing opportunities that online trading can bring.

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Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

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