It’s the era of pandemic, and people begin to think about the way to make money or run businesses from home. Today, doing business from home is starting to be a trending topic that people want to look for. One of the considerably good business to start in this situation is forex trading.
Forex trading and the other similar business like stock market, cryptocurrency, commodity, and binary option become more popular and many people start to think to get into it. Online trading has flexibility compared to usual brick and mortar business. You can change pair every time you feel like the current pair you trade seems like unprofitable.
One of the other flexibility is that you can change broker as you like, because there are lots of forex broker offer their service to allow you to do online trading. Actually selecting a suitable forex broker is also key to successful trading business. Simply choose a company that recommended for you, create an account, make deposit and start trading and make profit.
Some items that need to be consider when choosing a broker for forex trading are spread, instruments, minimal deposit, and fee (commission). Tickmill is one of a regulated broker with good feature for beginners. Starting its service in 2014 and has regulated with FCA CySEC and SFSA, quite strong and trusted. It has spreads from 0 pips, allow any strategy, and has protection from negative balance. Even though there is no cryptocurrency in Tickmill so it make the selection of pair relatively small, it is quite good for beginner.
The other broker with more pair is Admiral Markets. It is licensed by ASIC, a regulator from Australia. It also regulated with CySEC and FCA. This broker is relatively old. It started in 2001. Admiral Market has huge variety of pair from currency, shares, future and also cryptocurrencies. Admiral Market is suitable for both beginner trader and also professional.
There are many business choices to choose to earn money from home. Forex trading is one of them. But it is not promising an instant profit and easy money like many advertisement said. Forex trading also need process and continuous learning. By learning and doing it, it might be the suitable business for you.
There are plenty of free online training if you want to learn forex trading for beginners.