The New Age Platforms for Brokerage

The New Age Platforms for Brokerage

With the growing development of the internet and other communication and navigation tools, trading today has become easy. In other words, it is nowadays possible to trade online. And this new form of trading offers, as you can imagine, a number of advantages, not only to individuals, but also to professionals. After showing you the main advantages of trading online, we will share with you at the end of the article some tips to become a good trader.

The Other Solutions

A few years behind, it was necessary to take out a broker before you could buy or sell in the market which logically cost extremely. In the 1980s, for example, the cost of placing an order on the NYSE varied between $ 50 and $ 1,000 depending on the broker and the type of order desired. It is therefore easy to understand the main reason why trading was only the privilege of wealthy people. You can opt for the CTB platform for the perfect brokerage process. For that you will not have to worry about the Global CTB scam. It’s a hoax.

Today, fortunately, the situation has changed (thanks to the internet) with online trading users drastically reducing their fees. Indeed, with only around € 10 you can already benefit from a trade. Also, as more and more brokers are present on online trading platforms, prices continue to fall. This is how some brokers offer their services for less than € 10 per each order placed and others do not even require any minimum starting capital.

With online trading, you no longer need an intermediary

Before the advent of the internet, it was impossible to trade without being taken by a broker. But that time is now over; no more need to move from your house or take out a broker before you make any earnings. Today it only takes a few clicks. All you have to do is create an account from your home and carry out all your transactions from there, all while being well sprawled on your sofa. Once again, the internet makes trading accessible to people with limited financial resources, and therefore unable to afford the services of a broker.