More than 15 to 20% of the traders globally have said that they are ‘futures’ traders. Futures contracts are one of the riskiest trades to take.
Not only does it involve a lot of investment, but it also comes along with the risk of roll-over. Under such a situation, how does FinoTrend help the traders?
They Come along with some of the coolest features that can help each and every derivative trader.
Let us find out a little more about future contracts.
What are future contracts?
Suggests it’s about predicting the price of a particular commodity at a future time frame. If the prediction is right, then you will be having a profit, whereas if the prediction goes wrong, you would end up at a loss.
Suppose the current price of any particular commodity is $200. You are predicting that the price six months later is going to send it to $250. Hence, you decide to sign a contract with the owner that you would be purchasing it after six months at $250.
After six months, if the price of the commodity is less than $250, then you have to pay $20 more. Hence you are at a loss.
But if the price of the commodity rises to $300, then you are paying $50 less. Hence you are at a profit.
This is what a futures contract is all about.
How does FinoTrend help in Futures trading?
An important part of trading in futures is that you must have leverage. Exposure to a huge capital can often lead to washing out of the capital. But if you have great leverage when you can actually earn more.
Now let us focus on how they can help you in trading futures.
1. Excellent charting tools:
Understanding that future contracts are generally large in size, you have to be pretty sure while making a position. Your entry and exit have to be pinpointed. This is where the charting tools come into play.
With the help of technical indicators of them, you can make a perfect entry and gain a greater profit.
2. Excellent leverage options:
Flexibility in terms of the leverage options is something you must take into account. FinoTrend Has five different types of accounts that provide different leverage options. With the beginner account providing leverage of 1:10, it’s a great start.
If you are a professional trader, you should look forward to the exclusive trading account. You will have an access to excellent benefits like technical indicators and leverage of 1:50.
3. Dedicated account manager to help you with the trades:
They will give you an option to have dedicated account managers to help you gain the benefit.
Suggesting you the right trades to take, the entry and exit positions as well as the better alternatives – these make your trading journey exclusively awesome.
In conclusion, the only thing that we can suggest to you is to go forward with FinoTrend. Not even a single futures trader has been disappointed, and we are certain you will not be too. Sign up right now.