NordFX Stocks Account: Buy on Panic, Sell on Euphoria
At the moment, stocks of 68 companies, including IBM, JP Morgan Chase, Coca-Cola, Mastercard, McDonalds, Microsoft, Volkswagen, UBER, eBay, Alibaba, Deutsche Bank and many others, are offered for trading to traders and investors.
Trading is conducted on the well-known MetaTrader-4 platform. You can earn both on the growth and fall of stocks, opening both short and long positions on CFD contracts with a leverage of 1:5. The total commission for a round-turn transaction is only 0.2%. It should be borne in mind that a long position held at the dividend date receives the dividend amount, while the short position pays the dividend amount.
A clear advantage of the new account is the absence of a minimum deposit, which opens access to transactions on shares even for traders with limited financial resources. The minimum transaction volume is 1 lot, i.e. 1 share. And, for example, if the current share price of Amazon.com inc. is $1,850, which is a fairly large amount, the price of Hewlett Packard shares is $14, and Ford Motor Company is even less, only about $4. So, even with only $100, a trader can apply a variety of trading strategies and create different investment portfolios.
We know the old stock exchange rule: "buy on panic, sell on euphoria". Now, with the fear of the COVID-19 coronavirus pandemic and the oil wars reigning on the stock markets, it may be time to think about opening long positions. This is especially true for the shares of those companies whose products and services may be most in demand during such a crisis. And this applies not only to pharmaceutical giants. For example, shares of Amazon.com went up by 15% in less than 10 days, from 12 to 19 March 2020. Twitter shares are also growing in recent days: well, what else can people locked in quarantine do but communicate on social networks?
In addition to trading stocks, NordFX clients also have the opportunity to make transactions with currencies, cryptocurrencies, gold, silver, oil, and major stock indexes such as Nasdaq, Dow Jones, Nikkei, and others.
You can learn more about the trading instruments specifications, as well as open an account, at the NordFX website or through the Trader's Cabinet.
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