We now live in a world of self-education, where people can learn almost anything without the guidance of professionals or institutions. Some think it leads to the depreciation of knowledge and expertise. To an extent, it is true that free access to information has led to an influx of self-professed experts over the recent years. On the other hand, the internet and new technologies allowed so many people to master new skills and turn their lives around. As it often happens, it’s a double-edged sword.
Financial markets and online trading would be a good case in point. Nowadays, more and more people around the world invest and make money on the internet. And it really is a positive trend - as we only need an internet-connected device and a small initial sum to start trading stocks, for example. However, such accessibility and an increasing number of traders attract many scammers who want to take advantage of novices.
To experience all the benefits of open markets and start making money, newbies should learn to avoid scammers and invest some time and effort into their education.
An essential part of taking up any new activity is conducting good research beforehand. If you decided to start trading, your first step should be finding as much information as possible and learn as much as you can. It might sound overwhelming, but it is not that difficult if you do it wisely.
One of the possible ways to speed things up and be more productive, is finding a good company that offers an in-house investment platform and comprehensive educational materials. When you make this important choice, there are several criteria worth paying attention to. Let’s have a quick look at them below.
Company
You need to look into the company’s background and reputation. The best ones always have transparent policy and regulation. Before making any investment, you need to be sure that your deposit is safe and you will get legal assistance should any disputes arise.
Trading platform
As for more technical aspects, a nifty trading platform will be convenient and not over-designed. It should be easy to understand and operate even for someone absolutely new to trading.
Learning
Last but not least, a good company will always provide sufficient materials and assistance to help new clients master the platform and learn trading quickly. After all, it is profitable for both parties.
One of the companies out there that meets all of the above-mentioned criteria is Olymp Trade. It is a member of the International Financial Commission, which guarantees transparent policy and deposit insurance. Another fact that demonstrates openness of the company is that it is active on the social networks. Anyone can learn more about its mission and talk to the clients on Facebook or YouTube. Among the company’s many awards are “Best Financial Broker” (CPA Life Awards 2017) and the "Fastest Growing Broker" (ShowFx World 2016).
As for the platform itself, it is an in-house product created by traders and for traders. The developers did their best to provide seamless user experience. Attractive design and layout, as well as ample functionality will make your first steps easier. You will get access to indicators, charts and technical analysis tools essential for profitable trading.
Probably one of the most important advantages for “young” traders is Olymp Trade's educational database. They offer a systematic approach and a wide range of materials. For example, you can choose to watch their educational videos from the basics to more complex ones. If you consider yourself to be an experienced trader, you can start directly with some intricate profitable strategy.
But it is not all about theory. You can get a demo account and practice there for as long as you wish. 10,000 demo-units will be available to you for free, even after you open a live account and start trading with real money. Go back to the demo mode whenever you need more practice. Besides, the tech support is ready to provide help and answer all your questions 24/7.
For a novice, or anyone for that matter, it is important to start off their career well. Olymp Trade provides competitive initial conditions for trading. You can open a live account with only $10 and get access to more than 60 assets (including Bitcoin, Ethereum and other popular cryptocurrencies). If you want more benefits, you can always go for a VIP account and get unique signals, strategies and assistance of a personal manager. No matter which account you choose or which asset you trade, you will get top-notch services together with 20,000+ users who are working with Olymp Trade every day.
