What are the differences between foreign exchange documentary and call order?
Recently, two popular terms and means of operation are to trade foreign exchange orders and foreign exchange documentary in the foreign exchange market. These two are mainly aimed at some foreign exchange novices and foreign exchange Xiaobai who are optimistic about the foreign exchange market, but are not familiar with a foreign exchange trading method developed by the market. In these two fashion trading means, can help investors to obtain a certain income. But what is the difference between the two?
First of all, we conceptually say: foreign exchange orders are issued by experienced foreign exchange investors with good trading profitability, especially professional analysts and individual investors. Traders can take the content of the order as their own reference. Foreign exchange documentary refers to the automatic documentary, which can be said to be the "upgraded version" of the traditional order. Automatic tracking is to automatically follow the trading signals of some foreign exchange investors with good trading profitability through some documentary platform systems.
Secondly, what are the advantages and disadvantages of the two? The advantage of foreign currency documentary is that as long as you follow the order, the following things are basically done by others, and the documentary system will help you to implement it. It will save you a lot of trouble. If you want to order, the analyst will just give you advice. In terms of operation, you should open MT4 yourself or other software. You should operate by yourself.
Thirdly, what are the applicable groups? The main crowd of documentary Trading: some traders don't have enough time to trade, while others don't have enough confidence or knowledge to make orders in this market.
Finally, we need to know the types of documentary platforms: at present, there are mainly two kinds of documentary modes on the market, one is non same platform documentary, the other is same platform documentary. Non same platform documentary means these platforms are independent, and generally they work together with many brokers. It can connect with many brokers, and each broker is responsible for the specific account opening and fund security. The same platform is itself a broker, one is a broker, and one is a social merchandising system. Mainly depends on the strength of the brokers themselves: Supervision, technology, capital strength, word-of-mouth and so on.