Quantfury is a trading and investment platform that allows users to trade a variety of assets, including stocks, cryptocurrencies, commodities, and currencies. It is designed to be user-friendly and accessible to both novice and experienced traders. Some of the key features of the platform include:
- Commission-free trading: Quantfury does not charge any trading commissions, which means that users can trade without having to pay additional fees on top of the spread.
- Real-time market data: Quantfury provides real-time market data and quotes for the assets available on the platform. This allows users to make informed trading decisions.
- Advanced charting and technical analysis tools: Quantfury provides advanced charting and technical analysis tools, such as indicators and drawing tools, to help users analyze market trends and identify potential trading opportunities.
- Leveraged trading: Quantfury offers leveraged trading, which means that users can trade with more capital than they have in their account. This can be useful for traders who want to maximize their potential returns, but it can also increase the risk of losing money.
- 24/7 customer support: Quantfury offers 24/7 customer support to assist users with any questions or issues they may have.
To get started with Quantfury, you’ll first need to create an account. You can do this by visiting the Quantfury website and clicking on the “Sign Up” button. Once your account is created, you’ll need to verify your identity and provide some basic information, such as your name and address. After your account is verified, you’ll be able to deposit funds and start trading.
It’s also important to note that trading on leverage is highly risky and it is recommended to understand the risks involved in it. It’s also important to educate oneself on various trading strategies and concepts. In addition, it’s important to have a risk management strategy in place before trading.
If you’re new to trading, it’s always a good idea to start with a small amount of capital and to trade cautiously. As you gain more experience and confidence, you can gradually increase the size of your trades.
If you have any questions about how to use the Quantfury platform or about trading in general, you can contact the customer support team for assistance.
Commission-free trading refers to a type of trading where the trader is not charged a separate commission fee on top of the spread for each trade they make. In traditional trading, a commission is typically charged by the broker for each trade, and this can add up over time, especially for active traders.
Commission-free trading is becoming increasingly popular among online trading platforms, as it allows traders to keep more of their profits. Some platforms like Quantfury does not charge any commission, which means that users can trade without having to pay additional fees on top of the spread.
However, it’s important to note that trading platforms that offer commission-free trading may make up for it in other ways, such as by charging higher spreads or by offering a less comprehensive platform. In addition to this, it’s important to consider the security, reliability and the regulatory oversight of the platform.
It’s important to keep in mind that the spread is not always the only cost to consider when trading, other costs such as overnight financing or margin funding may apply. One should also be familiar with the basic concepts of trading costs and risks as they would be able to identify if a trading platform is really commission-free or not.
In summary, commission-free trading can be a great option for traders who want to keep more of their profits and make more trades without incurring additional costs. However, it’s important to research and compare the different features and costs of commission-free trading platforms to find one that best suits your trading style and needs.