Speculative Trading
Considering your style and approach to trading is very important when selecting a broker. It can help inform your choice. Selecting a broker that enables you to maximise your approach is a good idea. If you plan to trade more speculatively, you are likely to place trades that are slightly more risky than with other approaches, as your relying on market-direction movement to make profit. It's advised selecting a brokerage that offers higher-leverage to facilitate some of this potential-risk. Higher leverage allows you to place more trades etc. against your trading balance. Also ensuring you have minimal latency and can freely access your trading account so you are able to open/close trades sharply.
5/8/20241 min read