Tuesday 22 June 2021

Earnex Exchange - A Way Into The Financial Markets Without Learning To Trade

Earnex Exchange
Earnex Exchange - a solution for investors who wish to tap into the financial markets without struggling to learn trading 

Perhaps, you are interested in trading, but you don't want to spend time and resources learning the ins and outs of the process? Perhaps, you're someone who'd like to keep trading as an extra source of income, and you don't want to devote your entire day to it? 

Well, joining Earnex Exchange will let you do both and furthermore. It is an easy to navigate, a user-friendly environment where seasoned traders share their professional trading strategies, and investors like you simply back them up. 

It takes just a few minutes and a couple of clicks to set it up, and you won't be spending hours every day following the slightest changes on the market.

In this article, we will provide you with more details about how Earnex Exchange works and how you as an investor can easily register and benefit from the profit potential of the financial markets.

Let's start by giving you an overview of what Earnex Exchange is.

Developed by a team with over half a century of combined experience in the financial markets, Earnex Exchange aims to bridge the knowledge gap for investors like you and help you maximise your profit potential on the financial markets by simply following and copy the trading performance of advanced traders. 

The team behind the platform has a good understanding of how challenging is for inexperienced investors to access the profit potential of the markets and aimed to provide an environment where this process can be done effortlessly with just a couple of clicks.

Your Earnex Exchange journey starts with completing the registration process, where you need to set up your user name and password, which you will be using to log in every time you open the platform. 

The registration is a standard procedure where you will need to fill in information like your name, address etc. Once you are ready with this step, you can proceed on browsing the platform and selecting your traders of choice and then following their trading performances.

Traders and Leaders Board

To ease the selection of the traders you would like to follow, the Earnex Exchange team has created the Leaders Board system. It offers you a good overview of trader's profiles divided into several categories based on different criteria. 

For example, there is the Top 10 Leaders Board, which means you will see a list of the top ten best traders at the moment based on their current trading performances. Additionally, you can monitor the traders' profiles in other boards such as Editors Choice, Legendary, Star Traders and Professionals.

When you open a selected Leader board, you will see a short profile of each trader, showing their name and where they are from. There are also other important data such as Absolute Gain, Maximum Drawdown, Average Monthly Performance. 

If you wish to observe their profile in-depth, simply click on the trader's name. Our advice is to spend more time on monitor traders to make an informed and balanced decision which are mostly matching your investment goals.

When you make your choice, you can start following the traders. If you wish to utilise their trading strategies, you need to open your Earnex Exchange account and then copy the selected trading performances. But before we go into more details about that, let us explain to you a bit more about the Leaders Board and why the traders are selected in a certain category.

Earnex Exchange Badges

Traders listed in the Leaders Board of Earnex Exchange are carefully selected based on several criteria, reflecting their experience, trading history, and current performance. Traders move up and down the board based on these criteria. 

To make that selection process more understandable, the team at Earnex Exchange has created a feature called Badges. Traders are given badges based on their performance according to the following criteria: Risk Level, Drawdown Level, Asset Under Management, Number of Copies and Best Monthly Performance. The badges are Bronze, Silver, Gold and Platinum, where Bronze is the lowest and Platinum - the highest level of proficiency.

Now, let's go back to the moment when you are only a step before completing the process of your first Earnex Exchange experience. 

As we mentioned, after you select a trader and a trading strategy, all you need to do is open a trading account where you will add your selections. Check the account section at Earnex Exchange to choose what type of account you wish to add.

When selecting a trading strategy, you will notice that each one of them has three points:

  • Overview - short presentation of the strategy
  • Amount - the updated amount invested in it
  • Risk - the risk level you as an investor wish to set on this strategy. 

How do you control the risk level in Earnex Exchange?

As with the whole structure of the platform, the team at Earnex Exchange aims to provide you with an understandable and easy to manage service. The control of the risk level is based on three parameters which you can adjust very easy by sliding the bar under each one. The three Risk Level Parameters are: 

► Stop Loss or Stop Loss Order enables you to limit the number of funds you're investing you are prepared to lose. This is an essential risk level tour, as if not set up, it could lead to significant losses. 

► Take Profit or Take Profit Order - This allows you to determine the price on which you wish to stop the trading on this strategy to gain sure profit. 

► Multiplier: The multiplier index combines several risk variables, including balance, equity, fixed lot, equity risk percentage, balance risk percentage. This parameter enables you to adjust them on one simple scale. 

Once you set your Risk Levels, you can simply press "Add", and the strategy will be added to your account. After that, you don't need to do anything else. You can go and enjoy the rest of your day. You don't even have to check your account daily. 

Additionally, you can adjust risk level parameters any time you want any time or stop following a specific strategy and add a new one instead. It all depends on your time and investment goals. 

Tuesday 15 June 2021

What is social trading?

Social trading is a new investment model that is based on connecting a user community where more advanced traders share their strategies and beginners can see, follow, learn and copy the most successful investors.

This model incorporates the fundamentals of social networks but applied to the world of trading. We are in a social world, in which we live connected to the Internet practically permanently, interacting with other people who share our hobbies or interests and being part of a community. 

Community trading is a way of connecting traders from around the world who can share their strategies and discuss them with other traders.

Find a Forex Social Trading Platform
Find a forex copy trading platform

For a beginner it has the great advantage that you can follow experienced traders, analyse their strategies and copy their operations to obtain benefits, taking advantage of the experience and knowledge of people who have been investing for much longer. Due to this possibility of copying the operations of other traders, social trading is also called copy trading.

Community trading is becoming very popular worldwide in recent years. For this reason, more and more online brokers offer this service that allows experienced traders to share their strategies and receive commissions that increase the more followers they receive and beginners to find the best traders that fit their risk profile and copy easily operations with the amount of money they consider appropriate.

The online brokers that offer social trading are generally assigned to develop rankings of investors who share their strategies and to generate a series of complete statistics for the results they are getting.

How does social trading work?

1 - If you want to start investing through community trading, the first thing you should do is select an online broker that offers this service.

2 - Next you must create your account with the said broker. Generally, you will have to fill out an online form and send proof of identity (ID card, passport, driver's license) and proof of address (a recent utility bill such as electricity, water or telephone that shows your address). You can then make your initial deposit of the amount with which you want to start investing.

3 - Once your account is created, the following is usually to complete your profile on the social trading platform in the style of what you would also do on a social network.

4 - The following is to help you with the rankings and advanced search engines that your online broker offers you to locate the traders with the best strategies and that fit your risk profile.

5 - Once located, you can follow these traders, see the operations they carry out and analyse their results. If you want to copy their operations, you usually have to indicate how much money you want to do it with and automatically the operations made by the trader you are copying to will be applied to your trading account with the online broker.

At any time you can stop following a trader or stop copying their trades. You also have the possibility of trading several traders at the same time, which is a good way to diversify your risk.

Wednesday 2 June 2021

Make Money as a Forex Affiliate

Are you considering a career as a forex affiliate marketer?

Then, you have chosen the right industry and niche to promote! Why are so many people turning to the forex industry? 

The simple answer is that it can earn you a lot money! Sure, it might not be much at first, but just as compound interest increases your savings, the effect of many traders and sub-affiliates will eventually pay off much more than you might initially imagine. 

But you do have to keep at it and have patience. Before you can start, though, you need to know what it’s all about.

As you may already know, an affiliate marketer is a person or company that promotes products or services for compensation. 

In this article, we explore the marketing of products from the forex industry. 

Payment for your marketing efforts could be in the form of a fee paid for obtaining a lead, a fixed percentage/price for a sale, or an ongoing commission based on the trading activities of the customer that you sign up.

A career as a forex affiliate can be very rewarding. You can be paid a set fee and/or a percentage based on trading volumes of the customers you referred as they continue using the forex trading platform they downloaded from your marketing efforts. 

While some of the initial commissions may be very small, trading and recurring purchases are happening over and over. Some of your customers will make several trades daily, generating you several commissions per day from just one person.

If you were reimbursed a percentage on a forex trade and earned a small commission for each trade from just one trader placing 10-15 trades in a week, you would be on your way to earning a continuous stream of income. 

As more people are attracted to your offer from your marketing efforts, you could end up with hundreds or thousands of traders. 

With each trader buying and selling foreign currency, each click of the mouse means you just earned another commission. For examples of how much money you might make, check out this link: www.acorn2oak-fx.com/forex-affiliates.html.

The forex industry is very competitive. Most large firms are always trying to attract new customers. As a forex affiliate marketer you can direct people to these larger firms and make money. 

The forex industry for the most part is regulated by government agencies. This is a benefit for the affiliate marketer as the company whose products you choose to promote is often bound by some of the same regulators, offering some level of protection for the affiliate and his or her customers.

When you are ready to expand your forex affiliate marketing, you can branch out and attract other affiliates. You are now in a position to receive additional compensation for the efforts of others and not just your own. 

With the professional tools and marketing ideas at most forex websites, an affiliate is quickly able to start promoting and earning commissions from Day One.

You can also encourage people to enter a forex contest. This is a great way to introduce others to the fun and profit of currency trading without exposing them to any initial risk. 

Then if they like the platform and open a real-money account, you will earn commissions for all their trades. It doesn’t cost them any extra, but the companies who run forex platforms are always willing to pay for new customers.

Like all marketing ideas, give time for your efforts to multiply. Be consistent and do a bit every day to promote your business. 

The rewards are huge for the effort involved. Hey, people will trade the currency markets with your affiliate or with someone else’s. So, stake your share of this consistently expanding group of people who trade the currency markets and become a forex affiliate today.