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Showing posts from June, 2020

Getting started with trading Synthetic indices

What are Synthetic Indices? Synthetic Indices are markets that are simulated.  They behave like real monetary market however their behaviour is created from the use of randomly generated numbers.  These arbitrary numbers are produced through a computer program.  For transparency issues, brokers can't affect or foresee which numbers will be produced and henceforth can't swindle the market.  On which platform would you be able to trade Synthetic Indices?  Deriv.com which was fomerly known as Binary.com offers a MT5 Synthetic record, which can be created from the MetaTrader tab. MetaTrader is the most widely used platform for trading a wide variety of assets including indices, currencies, stocks  and  commodities. The software is licensed to foreign exchange brokers who provide the software to their clients.  What type of Synthetic indices can you trade? There are three sorts of Synthetic Indices accessible on MT5, namely: Volatility Indices Crash Bo...