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Freedom is a word online traders like to throw around without a care. They like to trade with freedom and then have some more sense of freedom when it comes to trading conditions. What exactly does this term mean when it comes to online trading? Well, the best way to learn about it is to sign up with a company that truly believes in the concept. If you feel as though you can’t trade the way you want, it means you don’t have the trading freedom. Let’s take a look at this CTmatador review to know how this company gives its traders the freedom they need.
The Conditions of Trading
Let’s talk about the trading conditions first. In some senses, the conditions are so good that you might end up calling it CTmatador scam. That’s just a joke to emphasize the fact that this company’s trading conditions are very trader-friendly. For example, the margin requirements are extremely thing. On the other hand, you can enjoy some huge leverages on your trades to amplify your profits. In addition to that, you don’t have to deal with any unnecessarily wide spreads that eat into your profits. The near-absence of commissions and service charges means you get to keep most of the profit you make on your trades.
These are the conditions that might not sound like much to you if you are new to trading, but ask me and I will tell you that there is nothing more important than this. Every service charge or fee that you pay in addition to the spread on your trades is taking a cut out of your profits. As a result, even if you continue to be profitable on every trade, you notice that your progress is very slow. That’s because the profits you are making are extremely small.
The Freedom of Account Choosing
A lot of traders believe that when they are given a big choice of trading accounts it is freedom. That’s not the case at all. When you sign up with an online trading platform, you have to pick an account type. Now, having too many accounts in front of you means that you will find yourself confused. You will never know which one is best for you and you might even end up picking the one that makes you spend more than the value you get in return. The account types give this CTmatador review the strength it really needs because they are a highlight of its services.
So, you pick only from two trading account. The first one is nothing but a demo account, which means it is designed to teach you how to trade. The second one is a paid account that you open with an initial deposit. Once you have opened this account, you can make progress with time and become the trader that you truly aim to become.
The Freedom of Assets
First of all, let me make it clear that you will not be trading real assets on this platform because that’s not what this type of trading is about. As a trader with CTmatador, you will be trading CFDs, which means you will only trade the contracts of these assets. You don’t own the assets or sell them in physical form. You only own the contracts that carry a particular value.
The good news is that you can trade in a variety of markets and have access to hundreds of assets on the platform. What it means is that you can trade stocks, forex currency pairs, cryptocurrencies, indices, and commodities once you are on this trading platform.
Final Thoughts
Do you get the freedom you deserve as a trader when you sign up with this company? In my opinion, yes you do. It definitely gives you a sense of freedom in every aspect of trading. Beyond that, it is up to you how you use that freedom to your advantage and to become the trader that you have always dreamed to be.
