A fantastic approach to get extra money is through stock market trading. But it would help if you used a broker for trading on the markets. There are numerous brokers available, each touting special qualities. Absolute Markets can be a wonderful option if you’re searching for a low-cost, multi-asset class broker where you can effortlessly trade various financial products.
We’ll examine Absolute Markets in more detail in this article, covering the types of assets you can trade.
Describe Absolute Markets.
An online multi-asset broker is Absolute Markets. It has more than 5400 users throughout more than 170 nations since its founding. This demonstrates the platform’s rising fame and wide-ranging presence. It is readily accessible to consumers because it is offered on both Google Play and the App Store. Trustpilot has a rating of 4.9 stars. The platform won multiple awards at the World Finance Awards, including Best Trading Experience and Fastest Growing Forex Broker.
With more than 100 currency pairings available for trading, the platform primarily provides Forex trading. In addition, it provides a wide range of cryptocurrencies, stocks, futures, commodities, and spots. Due to this, a site is a fantastic option for consumers looking to create a diverse portfolio. Absolute Markets targets incredibly quick execution times for each deal, which can be as little as 0.01 seconds. In addition, spreads, which average roughly 2 pip each trade, are quite narrow.
The most popular trading program, meta trader 4 brokers, is incorporated into the platform. Additionally, it integrates with WebTrader, which improves the whole trading experience. This makes it a fantastic account for trading shares.
Additionally, users get access to a comprehensive economic calendar, which is a crucial tool for currency traders. Additionally, there is a dedicated customer hotline for any problems users may encounter while utilizing the platform.
At Absolute Markets, what assets am I able to trade?
As already indicated, customers of Absolute Markets can trade a wide range of financial instruments. However, the platform’s principal concentration is on Forex markets. Let’s examine each of the assets that Absolute Markets provides in more detail:
Commodities and stocks
Users of the platform have access to 76 of the best stocks. These comprise the most actively traded mega-cap blue-chip equities, such as Apple, Microsoft, and Amazon. A comprehensive price chart and additional research tools are available for each of these stocks. Users can take advantage of $0 commission, tight spreads, and quick order speeds on all stocks.
Absolute Markets provides a staggering 61 cryptocurrencies. For comparison, this is superior to some of the greatest trading websites in the world, including Trading212 and eToro. Some of the most well-known cryptocurrency trading pairs on Absolute Markets include BTC/USD, ETH/USD, XRP/USD, and LTC/USD. Users get access to sophisticated charting and analysis tools for all cryptos.
If you want to make a lower-risk investment, you could put money into an index fund or start trading indices. These follow the markets and typically offer modest returns over extended periods. Users of Absolute Markets have access to the FTSE 100, S&P 500, Nasdaq, and Dow Jones Industrial Average, among other top indexes. Each of these indices has trading tools accessible.
Spots and futures contracts are another asset class that Absolute Markets provide. Since most smaller brokers don’t offer such complex financial instruments, this significantly distinguishes the site. A few well-liked trading pairs are XAGAUD, XAGGBP, XAUEUR, and XAUUSD. Three futures are supported: Natural Gas, Brent Crude Oil, and WTI Crude Oil.