Is FTX Legit: 2020 review

Is FTX Legit PlatformFTX is a relatively new trading platform for cryptos.  But is it legit?  I've been trying it out for the last few months and here is what I've found.

What is FTX

FTX is both an exchange and a derivatives trading platform for cryptocurrency.  This means you can trade things like futures contracts and trade Bitcoin using leverage.  It's closest competitor would be Bitmex.  If you used Bitmex before, then FTX will be very familiar.

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eToro Reaches 13 Million Users

How to start copy trading on etoroThe eToro investment platform has announced they've passed 13 million registered users.

eToro recorded a 426% increase in new users globally making their first deposit on the platform, in the first 4 months of this year compared to the last.

Yonni Assia, CEO of eToro commented “Coronavirus induced market volatility has been a focus for media globally and has brought the topic of investing increasingly onto people's radars. We have seen a large increase in trading volumes on eToro since the start of 2020 from both new and existing users.”

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Traders to Copy Trade on eToro in 2020

So far 2020 has been a pretty awful year for the markets.  There has been a bit of a market crash and there is a recession in our future.  But there has also been a lot of volatility.  And if you're a good enough trader, you can take advantage of this volatility.  Personally, I'm not good enough – but you can copy the trades of other people on platforms like eToro.

I wanted to highlight a couple of traders who I think have performed amazingly well during these testing times, just to show you that it's possible to trade successfully, no matter what is happening in the world.

Remember that the following isn't investment advice – always do your own research!

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How to Start Copy Trading

How to start copy trading on etoroHave you heard of copy trading but not known where to start?  This is my guide on how to start copy trading on eToro.  I've been trading and copy trading for the last 5 years or so.  I think its a great way to learn more about investing and economics and tap into the knowledge base of more experienced traders.

2020 has been a pretty crazy year so far and markets have been volatile.  But there have been traders who have been able to take advantage of this volatility and had success.   This is where copy trading is super powerful.  You can tap into the traders who are making the most of these trying times.

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Money Making Skills You Can Learn during Lockdown

Are you looking to make the most of your time during the Coronavirus Lockdown?  Now is the perfect time to pick up some new skills.  And what better skills to learn then ones that can help you make some more money.  With a potentially long lasting recession (or worse) on the horizon, being able to make extra money is hugely valuable.

So start using all that spare time with these super useful, and potentially profitable skills:

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The top Plus500 Alternatives in 2020

Plus500 is a popular CFD trading platform.  You've probably seen their ads online.  CFD trading is high risk, complex and unfortunately most people lose their money.  But not all CFD trading is the same.  While some platforms set you up for failure, others are genuinely trying to help you trade.

So here are some Plus500 alternatives that will hopefully help you have more success with CFD trading.  Remember that no matter what platform you use, CFD trading is still risky and your capital is always at risk.  So never invest more than you can afford to lose.

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