Opening the Floodgates: The Online Trading Revolution
The stock market was once the reserve of men in suits with as many millions to their name as grey hairs, however, over the last few years the advent of online trading has opened up the stock market, and made it a place where everyone can thrive.
Of course, the recent growth of online trading through one of many platforms, such as Tradefair, doesn’t mean that anyone can make money in the virtual arena. Like many things made possible by the internet, simply giving everyone access to a money-making medium isn’t enough to ensure they all walk away with a profit.
Knowledge + Access =Profit
Knowledge is crucial in the trading world – knowledge of the industry’s mechanics and knowledge of the latest financial dealings. In the past, this sort of knowledge was only accessible to those in the “industry”, however in recent times, the proliferation of online trading sites has opened up these information channels and helped it flow through the growing community of virtual traders.
This increased amount of information has combined with a greater amount of access to trading platforms, and the net result is a change in the dynamics of the financial market. Although middle-aged men in suits still carry out many of the biggest stock market deals in the world, the bulk of small scale transactions now take place online.
The Online Revolution
So why has the industry moved from an exclusive club frequented by older men, to an open market where anyone aged 18+ with an internet connection can make money? In short, the growth of online trading platforms is the reason for this shift in dynamics. As well as offering access to the stock market in a variety of ways, these portals also serve as learning tools for those looking to break into the industry.
Today, assuming you have a desktop, laptop, or mobile device, you can access a range of trading options in the online arena. One of the most common, alongside binary options, is spread betting. Operating on a similar principle to sports betting, the spread betting market basically lets punters speculate on whether a commodity will increase or decrease in value over a certain period of time.
Short Term Investments
Unlike investing in the stock market (something you can also do online), spread betting is a short term proposition and the trades can often be completed in a matter of minutes. For example, when you create an account with one of the top spread betting providers, such as Tradefair, you have the ability to speculate on a range of markets.
The difference is that unlike traditional stock market trading, you don’t have to invest a lot of money, and you simply hope that the stock increases in value. With spread betting online, you can wager a small amount of money on whether the product’s value will rise or fall, and doing this not only speeds up the investment/return process, but makes it more accessible for everyone.
More People, More Opportunities, More Money
Indeed, because you can complete trades directly from your computer or mobile device, the process of taking part in more than 3,000+ global markets (for example on the London Stock Exchange) can be done in an instant. Moreover, because you aren’t directly investing in an asset, simply speculating on its movement, you don’t need a lot of starting capital.
Any money you make from spread betting is completely tax free, which means that anyone can join the action and make some money, without leaving the comfort of their own home.
In conclusion, it’s certainly true that the stock market is dominated by middle-aged men working on behalf of high powered financial institutions, however, it’s also now true that anyone can join in on the action, regardless of their financial status; through the process of online spread betting, even someone with only a small amount of knowledge can get involved in the stock market and make a profit. Of course, the difference between a profit and a loss is still a matter of understanding the market, however with a little bit of knowledge and starting capital, you can certainly make money from the financial markets without being an expert.