What is trading?
Online trading is basically the act of buying and selling financial products through an online trading platform. These platforms are normally provided by internet based brokers and are available to every single person who wishes to try to make money from the market.
AXNFX provides a variety of financial products including Shares, Commodities, Indices and Forex. While trading Shares like Google or buying and selling Commodities like Gold or Silver might be quite familiar, Forex trading has gained extreme popularity over the last couple of years due to some of its major advantages.
Foreign Exchange trading, also known as Forex or FX trading, has gained enormous popularity in recent years among layman individuals and professionals due to the growth of online brokers and the technological development of online trading platforms. With high liquidity, non-stop opening hours 5 days a week, and great opportunities, it is no wonder that the forex market is the world's most traded market with a daily trading volume of $5 trillion USD.
Traders are not alone in the world wide Forex environment. At AXNFX we support our clients with news and analysis, plus expert dedicated account managers who could help traders make better decisions in a timely manner. AXNFX team is outstanding among the traders because of their outstanding offers and services.
Advantages of Forex Trading
- 90+ currency pairs - majors, crosses and exotics
- 24 hours a day, 5 days a week
- Leverage 1:400
- Trade the most liquid market in the world
- Trade with NO hidden charges
A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type; commodities are often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers. When they are traded on an exchange, commodities must also meet specified minimum standards, also known as a basis grade.
Advantages of Commodity Trading
- Less Brokerage charge
- Instant exposure to global economies
- Trading without actually owning the financial instrument on which the contract is based Speculation on future uptrend/downtrend market price movements
- Ideal for beginner traders due to low deposits
- Ability to go short and profit from falling prices
- NO stock exchange fees