We found 11 online brokers that are appropriate for Trading Currency Investment Platforms.
The world economy is indeed a complicated place. There are so many opposing and equally compelling factors that determine the performance of a particular currency. It is thus no wonder that determining the strength of a currency is a daunting task in itself. This article looks closely at the various good and bad aspects of strong currencies and weak ones, but first it is necessary to understand precisely what determines the strength of a currency.
The first aspect of the strength/weakness of a currency is how much a country exports. Exports represent a large share of the total domestic product. A low export rate indicates a country that manufactures more domestic goods than it exports, while high exports imply a country that manufactures less domestic goods than it exports. When a country increases the amount of domestic goods it manufactures relative to the amount it exports, its currency strengthens.
A country's national income is primarily dependent on the foreign investment it receives - the more foreign investments a country has, the higher its national income is likely to be. Thus, countries with a larger foreign investment portfolio tend to have stronger currencies. Conversely, a country with lower domestic investment (as evidenced by low domestic purchases) will have a weaker currency if its exports are significantly lower than its imports.
A strong currency is a currency that is worth more than the vast majority of other currencies. Many investors have different theories on what constitutes a strong currency. For most, strong currency means having a steady income from the investment. If you think of a typical stock market where people are buying and selling stocks every day, you can certainly agree that that is what constitutes a strong currency. In international economics, stable currency, safe Haven currency, or strong currency refers to any internationally traded currency that acts as a reliable and secure store of value. It is used by countries to facilitate trade and is usually indicated by a green flag.
Investors and financial experts often use a 'strong dollar index' to analyze world affairs. Another example of a good strong currency indicator is the US dollar. The greenback has served as the standard against which all other currencies are evaluated. While this is still prevalent in the Forex trading market, the euro and the Japanese yen now serve as the world's most popular strong currency indicators.
A currency strength meter is one of the most useful tools for traders who prefer to stay away from technical indicators or who don't have the time to devote to reading market signals. This type of indicator uses a combination of technical indicators, like the RSI and price action, to evaluate currency pairs. As such, it is able to give accurate signals about current trends in the market.
A weak currency describes the currency of a country that has seen its purchasing power reduce compared to other major currencies. The value of a currency is usually determined by supply and demand. For instance, if there are more goods and services offered for sale in a certain currency, then the purchasing power of that currency would increase.
However, a weak dollar can also be supported by a country wanting to boost its exports in international markets. For example, when the United States has a trade deficit with Japan, the Japanese yen has become more valuable than the dollar. As a result of this, the U.S. Treasury bonds pay less interest against the Japanese dollar. On the other hand, if American exporters were able to raise the value of the dollar by increasing the export of goods and services, then American exports would rise and the U.S. economy would experience a boost. That in turn, would help the balance of payment and provide a boost to U.S. deficits.
There are several factors that determine the international value of currencies. Among the most important are trading partners, interest rates, inflation, and political stability. Since different countries have different trading partners, their currencies can either gain or lose value against each other, depending on the policies and actions of their respective governments.
The balance of power among major currencies is called supply and demand. There are three currencies that are considered currency in a global economic context; the US Dollar, the British Pound, and the Japanese Yen. These are known as the reserve currencies. When international demand for something increases, so does the cost. If everybody converts their local currency to the US dollar, then the cost of the dollar goes up, and then Japanese yen becomes a powerful currency.
The main reason for this is the balance of power. A country with a large number of consumers and small manufacturers will have more surplus cash and a low surplus margin; on the contrary, a country with a small manufacturing sector and consumers who spend their savings in local currency will have a deficit. More money is saved by consumers in a country with a stronger currency, hence, the strength of that country's money. This causes a lowering of its value, as a country with a low surplus margin moves towards a deficit (a higher exchange rate). On the other hand, countries with a surplus will have buyers who will pay more for goods because its money is stronger.
Some people argue that strong currencies are more valuable than weak ones. One of the major arguments that they make is that strong currencies tend to be more persistent in their ability to withstand shocks to their value, even when other factors come into play. These people believe that this is because strong currencies typically have higher interest rates, a larger balance sheet, greater reserve strength, and a larger currency balance (the current value of a country's currency versus its total gold and current assets).
Another argument that is made is that these currency pairs generally enjoy a much higher level of volatility than weak currency. They believe that this is due in part to the fact that the economies of these nations are much more intertwined and interconnected with one another. The more a nation depends on exports from other nations to meet its own needs, the higher its currency value would be. This can have an adverse impact on competitiveness if the exporting nation starts to lose market share to its less-developed neighbor.
We have conducted extensive research and analysis on over multiple data points on Strong Currency Vs Weak Currency to present you with a comprehensive guide that can help you find the most suitable Strong Currency Vs Weak Currency. Below we shortlist what we think are the best Currency Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Strong Currency Vs Weak Currency.
Selecting a reliable and reputable online Currency 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 Currency Investment Platforms more confidently.
Selecting the right online Currency 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 Currency Investment Platforms trading, it's essential to compare the different options available to you. Our Currency 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 Currency Investment Platforms broker that best suits your needs and preferences for Currency Investment Platforms. Our Currency Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Currency Investment Platforms.
Compare Currency Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Currency Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Currency Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Currency Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Currency Investment Platforms that accept Currency 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+ | 1,000,000+ | 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, cTrader, 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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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. | 75-95 % 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, 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, 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 Currency 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.
We also have an indepth Top Currency Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Currency 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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