While technical analysis and fundamental factors are crucial for trading, these are not the only options you can choose. There are other options available, including trading in currencies. Using a strategy is a great way to reduce your risk and gain profit from forex. It’s important to understand which strategy is the best for you, as well as which one will work best for you.

If you want to set up a stop-loss and/or take-profit order, go ahead and enter your price targets. Once you are ready to place your commission-free order, click on the ‘Open Trade’ button. It goes without saying that this covers all major and minor pairs – such as EUR/USD, GBP/USD, and AUD/NZD. However, IG also gives you access to a wider selection of exotic currency pairs, too. This includes pairs that contain the Russian ruble, Indian rupee, Philippine peso, Brazilian real, and more. We’ve been innovating trading software since 2000 and we’re not stopping now! Now that you know which asset you wish to trade, you need to place an order.

With that being said, if you read through our list of the best online trading platforms further up, you would notice that most of our chosen providers allow you to invest commission-free. This means that you can buy stocks, ETFs, and other asset classes without needing to worry about commissions or fees. We find that the best online trading platforms in the online space take things to next level by offering a comprehensive education facility. This means that you can learn the fundamentals of buying and selling financial instruments without needing to use an external provider.

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