In some kind of way, forex trading is similar to cryptos trading. majority of the international brokers will offer leverage from 0 to 500, which gives you an opportunity to maximize your potential gain. Obviously, leverage is a double-edged sword. With this crazy leverage, you might easily blow your account and owe your broker tons of money.

Is it profitable like cryptos trading? Yes. But it also comes with a high risk.

You can trade multiple times a day. Just like cryptos, there are lots of trading instruments you can choose. You can trade a specific currency pairs or choose gold. Some brokers even provide cryptos asset for trading.

I am a beginner. I just opened an account in Binance and bought some coins. at the same time, I also trade with brokerage firms like XM, which also offer crypto trading assets. This broker provides trading with leverage. I am curious are there any similarities between platforms like Binance and XM?

I also have the same question. I mean, US dollar might be the most important currency around the world. Since Tether is pegged to the US dollar. Part of me feels like a fraud would be an extreme statement. But we never know whether it is backed by an equivalent amount of US dollars held in reserve. I mean, where is the money though lol

Last two weeks is craaaaaaaaazy! What exactly trigger BTC went all the way up?

I think at this stage, choosing the best stablecoin is still based on the Fiat currency behind it. Since the USD still plays a dominant part in currency in the past 50 years. That is what other currencies couldn't compete. I will suggest USDT and other USD-related coins

for me, I think it is the accessibility of stuff that you need daily. Like supermarkets and shopping malls. And entertainment is also important. Bars or other places you could hang out with your friends and family. A place where the crime rate is low and you have a freedom to speak. Oh, most importantly, WIFI

Crypto investments have surged in popularity, offering diversification and potential financial gains. Nowadays, more and more investors are enjoying trading. Buying traditional assets like stocks and commodities using cryptocurrencies is very popular. Tokenized assets and crypto-related ETFs have also gained a lot of attention. Today, we are going to focus on another favored choice of many investors: CFDs

A CFD is a derivative product that enables traders to speculate on price movements without owning the underlying asset. It allows investors to profit from both rising and falling markets. Most importantly, the power of leverage can amplify potential gains with a small amount of funding. 

Example
Trade EUR/USD. Assume the exchange rate is 1.00000. Spread is 0
    If 1 lot is €100,000 which will be 100,000USDT
    You trade 0.05 lot of euros, buying € 5000 which’s supposed to cost 5000USDT
    Since the leverage is 200, your actual investment will be 25USDT
    When the exchange rate rises to 1.03000, you sell €5000 and receive $5150
    Eventually, you invest 25 USDT and get 150 USDT profits

Though many investors are familiar with CFDs and have experienced them with different platforms, not all of them accept deposits with cryptocurrencies. JRFX is a leading trading platform that enables investors to trade CFDs using cryptocurrencies. With a minimum deposit of only 1 USDT, investors can access a wide range of CFD instruments, including stocks, indices, forex, commodities. With the minimum spread down to 0 and 0 commission fees, JRFX provides investors with one of the best trading environments in this industry.

The content provided is for informational purposes only and should not be considered as financial advice. Trading CFDs and other financial instruments involve a high level of risk and may not be suitable for all investors.