What is this about?

With Trading 212 you can monitor real time prices of currencies, gold, silver and US shares. If you think that prices are going up, then just BUY the instrument, or if you think prices are going down, then SELL it.

Do I have to pay something?

No. You can learn to trade free of charge with your Demo account. When you decide to give it a try with real money then you should open a Real account with minimum 100 EUR or 200 USD.

Is there a difference between Demo and Real trading?

The only difference is that on Demo you are playing with virtual money and on Real you will risk your own money.

How is it possible to trade with 100 times more money that the money I deposited?

This is what we call Margin Trading. Your deposit serves as collateral and we let you trade with 100 times more money. This will increase your profits and losses. But you can never lose more than the money you deposited.

Are there any commission charges for currency trading?

No, it is commission-free trading.

In which currency are my profits and losses?

When you trade currencies your profits and losses will be in the second currency in the pair. For example if you make 100 profit trading EUR/JPY it will be 100 Japanese Yen. If you trade US shares, silver, gold or crude oil – your profits and losses will be in US Dollars because their prices are in US Dollars.

How do you earn your money?

FOREX brokers earn the difference between the BUY and SELL price from every deal that you make. This difference is called SPREAD and it is the expense you pay for trading.

How can I predict the direction of the market?

Traders usually use two types of analysis to determine future movements of the market – Technical Analysis and Fundamental Analysis. The former uses charts showing previous prices of the currency pair. Then statistical indicators are used to form an idea of what to expect in the future. The latter focuses on economic indicators and economic and political news to form an opinion on the currency’s strength or weakness.