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A Guide to the pros and cons of IC Markets

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A Guide to the pros and cons of IC Markets

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IC Markets is an extremely popular and trustworthy global forex broker. IC Markets was established in 2007 and is considered a safe investment, primarily due to it being regulated by top-tier ASIC. IC Markets review in Dubai generally favours investing with the broker. It is also one of the top-rated global forex brokers.

But before one goes and invests their hard-earned money with IC Markets, it would be best if they have read some IC Markets Review online.

Here are some pros and cons that one will find with IC Markets Review online in Australia.

1. Low Forex Fees and easy to open accounts

The main reason for the success of IC Markets over the years has been their low forex fees (one of the lowest in the market) and easy and fast account opening process. Depositing and withdrawal features are not only user-friendly, but they are entirely free as well.

2. A limited portfolio

One of the stringent criticisms that can also be found in several IC Markets Review online platforms is that their portfolio is simply quite limited. IC Markets only offers CFDs and forex, significantly limiting the opting people can invest their money into.

3. An excellent mobile trading platform

While there can be arguments against the IC Markets' web platform, the same cannot be said about the IC Markets mobile trading platform. The mobile trading platform does not only have a catchy design, but it is user-friendly as well. It has a price alert feature as well and is available in a number of languages.

4. No protection for non-EU clients

A major drawback for investors looking towards IC Markets has been the lack of investor protection available for folks who are citizens of non-EU countries. It is something that one must keep in mind when looking to invest with IC Markets.

5. Great research tools available at the platform

IC Markets has some of the best research tools, under the name of ‘Trading tools’ for one to make use of, at their convenience. On top of that, the platform also offers quality and curated news flow, the importance of which is not hidden from any investor in the market.

IC Markets is something that interests you the most. Then, the above-mentioned guide will be enough for you to understand the pros and cons.

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ZuluTrade Dubai review

ZuluTrade review

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For beginners in trading, it is generally advised that they play safe and use a technique called copy trading to make the most of their trades without spending too much time studying the fundamentals. Copy Trading is an accepted way for one to take a gamble on the market without researching the companies, stocks, etc. And ZuluTrade is one of the top copy trading portals in the market right now.

But like everything in life, there are pros and cons attached if you opt to make use of ZuluTrade top traders for Copy Trading.

Pros

Allow one to invest with limited market knowledge.

The biggest obstacle between a potential trader and the market is the lack of knowledge the potential trader would possess. This lack of knowledge would result in a lack of confidence as well as making an unwise decision when it comes to choosing trades. Copy Trading with ZuluTrade Australia would allow one to trade with confidence without knowing everything about the market.

One would learn how professionals operate.

An advantage of Copy Trading is that it allows one to observe how professional traders operate in the market. One cannot only copy their trade but also observe their strategy and learn more about the right way to operate in the market.

Automating the process and save time

Copy Trade saves a lot of time, especially compared to manually inputting the trades as they are automated at the users' command and according to the parameters set by them.

Cons

No control over the trading decisions

Since the trader is essentially copying other traders' decisions in Copy Trading, they basically have no control over their trading strategies and decisions. And though one can set parameters, especially regarding how trades are copied, they still need to keep a keen eye on the market.

Results are not guaranteed.

A common assumption made by many first-time Copy Traders is that they expect guaranteed results from their trade. That does not happen. Regardless of the trader and their ZuluTrade UK review, there is no guarantee in the market. So, it is something you should not expect.

Trading can be complex. However, the above-mentioned post will be enough for you to understand it completely. Before you begin, make sure to know the fundamentals for trading right away.

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zulutrade platform for page

ZuluTrade best traders

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Reach your investment goals easily with ZuluTrade

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Reach your investment goals easily with ZuluTrade

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It is time for you to become a pro and join the most transparent Social trading platform for online investment. Copy-trading somehow works perfectly for both the experts and newbies.

Which copy trading platform is the best for novice traders?

Over the years, ZuluTrade has been helping out novice traders to hit the market without any prior knowledge and experience of the trading world. As a beginner, you can start right at once with trading without the learning curve. You won't be dealing with chart reading, plotting, technical analysis, and results tackling. All you need to do is watch how your mentor breaks a deal and earns money.

Help yourself create an extra source of passive income:

Copy-Trading on ZuluTrade Australia help you become a part of an active community of traders from around the world. In order to achieve a level of automated trading and create an extra source of passive income in the forex and financial markets, ZuluTrade allows you to copy the trades of experienced traders.

Some useful features offered by ZuluTrade:

ZuluGuard: ZuluTrade platform for page comes up with this amazing feature. ZuluGuard is a unique feature that works as excellent risk management. It protects you from erratic trades that might be opened by the traders you follow. Even in the review forums, it is often highlighted as a particularly well-liked feature of ZuluTrade. As soon as a draconian strategy is detected, it removes the user.

Cryptocurrencies: This feature has been recently added to the portfolio. You can get the clarity of whether cryptos are going to be the next big or bubble.

Calendar, Automator, Lock Trade, and ZuluScript are some of the other useful features offered by ZuluTrade.

Profit calculator, economic calendar, margin calculator, and currency calculator are some of the additional features of ZuluTrade.

Benefits to consider:

As a beginner, you should first get familiar with the world of trading markets. On ZuluTrade, you can opt for a totally free and fully functioning demo account. It would be a perfect way to know and understand the trading world. You get to follow and copy a huge number of ZuluTrade top traders. It becomes somehow easy to reach your investment goals when you copy the top-performing traders from different brokers.

Conclusion:

Transparency has always been in the DNA of ZuluTrade. There are no hidden fees, and all the data is shared openly with everyone. Join ZuluTrade today and thus help yourself reach your investment goals easily.

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