What are the different types of commodities in Singapore?

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  The commodities traded in Singapore are diverse, ranging from precious metals to essential food staples to critical elements of the modern economy. These commodities are traded every day in the country’s bustling markets, and they play a vital role in the global economy.   Due to Singapore’s position as an important trading centre, it can connect buyers and sellers globally to exchange goods and services. This makes it an essential part of the global supply chain and a key player in the global economy.   The commodities trading sector in Singapore is dominated by energy products, metals and agricultural Continue Reading →

Algorithmic trading strategies in cryptocurrency trading

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When it comes to cryptocurrency trading, there are a variety of different strategies that can be used to generate profits. However, one of the most common strategies is algorithmic trading. Algorithmic trading strategies refer to a set of rules or instructions that can be programmed into a computer system to trade cryptocurrencies automatically. It means that the computer will execute the trades for you without any human intervention. There are several benefits to using an algorithmic trading strategy: They can help you trade more efficiently and make more profits. They can help reduce the emotional stress that is often associated Continue Reading →

A beginners guide to trading index CFDs

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  When it comes to trading, there are a variety of different assets that you can choose from. These assets can be divided into two main categories: forex and CFDs.   CFDs (contracts for difference) are derivatives that allow you to trade on the price movement of an underlying asset. It means that you don’t have to own the asset to trade it. Instead, you trade CFDs as contracts between yourself and the broker.   Index CFDs are one of the most common forms of CFD trading. Index CFDs enable you to trade on the price fluctuations of various indices, Continue Reading →

What spreads do retail brokers offer in forex?

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Retail brokers are all the same, aren’t they?   It is usually not true when it comes to forex spread betting. While all retail brokers offer the standard market spreads on major currency pairs, there are often significant differences in offering other financial instruments.   It can help you tremendously when deciding which broker to adopt because you will be able to trade different instruments at much tighter spreads than many of your competitors.   Some firms have much more comprehensive offerings than others, so having tight spreads could prove very beneficial over time if you use any of these Continue Reading →

The Difference Between Forex and Commodity Trading

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What’s the difference between commodity trading and forex trading, you ask? Commodity Trading It’s simply that commodities are agricultural products such as cocoa beans, pork bellies and rice. In contrast, forex or foreign exchange is the trade of any financial instrument that has monetary value.   Commodity traders deal in so-called commodities. These are raw materials that have a variety of different uses, such as oil or precious metals. Commodity traders work together with large companies to provide them with these raw materials.   A commodity trader will generally buy something when there is an abundant supply and then sell Continue Reading →