We found 11 online brokers that are appropriate for Trading Double Top Investment Platforms.
Double top is a technical analysis indicator that shows the opening and closing prices for a particular security or market commodity over a given time frame. The double top has nothing to do with the direction of the market, but it does show a trend that can be used to make trading decisions. In technical terms, a double top is a top pattern followed by a pattern called the double top in a given chart. The double top is named this way because it acts as the double movement in a double bar or candlestick. This pattern can be used in conjunction with other charting indicators such as the Stochastics, the MacD, and the moving averages.
Double top usually reveals a bullish reversal pattern. A bearish reversal pattern like the double top is considered bullish because the price has gone up over time to reach a new psychological high. In technical terms, the formation of a double top is called a formation of a false top. To make money from the double top, you have to identify a bullish pattern. If you can find a combination of candlesticks that display a bullish signal, then you will have found the double top.
When you see a double top formation on a chart pattern, the best time to trade it is when it will go up over some time. You should buy the dips and sell rallies because the resistance will have very low levels at the beginning of the pattern. With a little luck, you may also see the formation of a double top at the end of the bullish candlestick. If you can spot a possible break out at this time, it is good to get into the market because this pattern is considered bearish, meaning that the price may continue to fall.
Double top reversal charts are widely used in the trading of the Forex market. The patterns observed in these charts serve as strong indicators of whether the market is in a bull or bear market. A trader's intuition and analysis can give them a hint of what the market will look like before it happens.
These patterns can be found in the technical analysis of the market. If you study the market carefully, you will notice these patterns occurring. The market moves in patterns, like circles. You should be able to predict the reversal points for the market so that you can place your trades accordingly. The market is very unpredictable by nature, which makes predicting it a challenging task. Only seasoned professionals can make a steady return on investment.
Double top reversal patterns can be noticed quite frequently in the market. They appear when there is a sudden increase in prices for a particular currency paired with a simultaneous fall in the prices of another currency. When the prices of currencies move in a triangle formation, this is known as the double top. There are various reasons why these patterns happen.
Tops and bottoms are essentially the same things but with different terms. Double tops and bottoms may sound like the easiest chart patterns available, but don't fool yourself. It takes some technical indicators knowledge to identify the formation behind these patterns. The first step is to identify two different trend lines whose length and height are very similar. Then, use the appropriate technical indicators to confirm that your initial hunch is indeed correct. Once you have confirmed that your theory is correct, then you can proceed to use your trading strategy.
Understanding what price means in terms of an upswing or downswing is also a critical topic to cover because it greatly affects your entry and exit points. Low prices characterise a bear market, and upswings indicate strength in the market. High prices characterise bearish markets, and downsides tend to occur when the market suffers a severe pullback. In addition, trading chart patterns that display the up and down movements of the price usually show a symmetrical pattern. Thus, you need to learn about these trading chart patterns as well.
A double top is often thought of as a dangerous trading strategy. However, it is far from useless. It can be a potent trading tool that can lead to huge profits. What makes this pattern so powerful? It's all about reversal. It is why a double top can be very profitable for a lot of traders.
A double top is characterised by a sudden reversal pattern that occurs in the same chart. It consists of two tops, usually overlaid on a major support zone named the resistance line. The second top will come almost instantly after a strong upward trend, which will retreat to the resistance before fading completely. The formation will then be followed by a downwards movement, which several other reversal chart patterns will likely support.
The profitability of the double top pattern depends on the size of the initial trade. The smaller the trades that are made, the larger the potential for profits. However, the trading volume that is generated on the market becomes less over time. The patterns tend to form on broken down support and resistance levels that are more prone to be reformed due to the current state of the market.
We have conducted extensive research and analysis on over multiple data points on Double Definition to present you with a comprehensive guide that can help you find the most suitable Double Definition. Below we shortlist what we think are the best Double Top Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Double Definition.
Selecting a reliable and reputable online Double Top Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Double Top Investment Platforms more confidently.
Selecting the right online Double Top Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Double Top Investment Platforms trading, it's essential to compare the different options available to you. Our Double Top Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Double Top Investment Platforms broker that best suits your needs and preferences for Double Top Investment Platforms. Our Double Top Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Double Top Investment Platforms.
Compare Double Top Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Double Top Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Double Top Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Double Top Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Double Top Investment Platforms that accept Double Top Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Learn More |
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Up with avatrade |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Double Top Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Double Top Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.