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Avoid high-risk financial products in trading!

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Newcomers often associate the idea of share trading with the prospect of high returns. However, this is usually unrealistic. Beginners in particular should first familiarise themselves with financial instruments so that they can also better assess the risks. Custodian providers know about the dangers associated with trading and ask their clients about their previous trading experience when they open a custody account. Based on this information, they are given access to or blocked from certain trading opportunities.

The provider ultimately decides how much trading leeway to give a client. However, not all providers are very strict about this, so that it can happen in individual cases that brokers also give inexperienced traders access to risky products. However, newcomers should never take the plunge, but only trade with financial products that they know and understand. Very risky products are, for example, futures, options, currency pairs and contracts for difference (CFDs). Many of these derivatives have so-called leverage. This allows the actual capital investment to be multiplied. However, the potential loss is also correspondingly higher, so caution is always advisable with these products.

Tip from thaiexness2: "ก่อนเปิดบัญชีหลักทรัพย์ดําเนินการเปรียบเทียบเพื่อค้นหาบัญชีหลักทรัพย์ที่เป็นที่นิยมมากที่สุดสําหรับผู้เริ่มต้นใน exness เทรด อะไร ได้ บ้าง. ให้ความสนใจเป็นพิเศษกับค่าใช้จ่ายและค่าธรรมเนียม."

"Before opening a securities account, carry out a comparison to find the most favourable securities account for beginners. Pay particular attention to the costs and fees."

Intuitive and user-friendly interface

Before a securities account can be opened with a provider, investors naturally have to find their way around online. Therefore, a user-friendly website is also an important criterion in the selection process. All essential information must be easy to find. In addition, the provider's price structure and terms and conditions should be easy to understand. The trading platform should also be user-friendly and intuitive to use, so that prospective stock traders can quickly get to grips with the associated functions and tools. In case questions arise about the offer, competent support, a glossary and an extensive FAQ section are important.

currency exchange

Make a securities account comparison and find the best securities account for shares

A securities account comparison creates the basis for share trading. Neither the trading costs alone nor awards decide which broker offers the best share deposit account. When looking for the right custody account, several factors should always be taken into account. Then it is important to decide in which areas it may be possible to make concessions. For example, if you already have experience with share trading, a comprehensive training offer may be less important for you than for a beginner. More decisive for you are the trading costs and the protection of your money via a deposit guarantee.

But the trading offer can also be a decisive aspect. You should find out which and how many shares are made available for trading by the broker and whether the provider has any other products on offer, for example ETFs, foreign exchange or CFDs. Last but not least, your personal investment goals are of course also important. More and more providers no longer limit themselves to a classic custody account, but also offer, for example, digital asset management or custody accounts for children and young people. Which custody account is best for you ultimately depends on your personal requirements.

In this context, you should also read the objective test reports on the individual brokers, which are based on the criteria presented here. This will give you an initial overview of the providers and provide you with much more useful information.

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