Sydney, Australia, 24 July 2024 – VT Markets, an award-winning brokerage, announces the launch of its ‘Be a Trading Athlete’ campaign, an online trading competition hosted on the VT Markets App with a USD 14,000 prize pool. The competition runs from 24^th July to 12^th August 2024 and is open to all global users with a Live Account.

This large-scale global competition follows the success of VT Markets’ previous campaign, FIFA 2022, which saw overwhelming participation. The brokerage anticipates attracting up to 8,000 new users by the end of this season.

The competition is divided into four periods, each focusing on a different sport every five days: –

● Shooting: 24 July– 28 July 2024
● Swimming: 29 July – 2 August 2024
● Track and Field: 3 August – 7 August 2024
● Boxing: 8 August– 12 August 2024

Participants are required to complete tasks and earn tickets during each period, including trading, depositing, and checking-in, with up to 21 tasks per period. The top 20 participants with the most tickets will share the USD 14,000 prize pool at the end of each period.

“We are thrilled to bring this competition to our users worldwide during this spirited sports season”, says Kyzer Ong, App Campaign Manager of VT Markets. “As a growing international brand, we continually seek ways to foster inclusion and uphold our belief that trading can be easy. Our goal is to engage our clients through their shared interest in sports and inspire them to apply their competitive spirit to trading. This competition underscores values of resilience, strategy planning, and adaptability in uncertain times. Additionally, we are excited to introduce our highly anticipated Copy Trading feature in Q3 2024”.

The upcoming Copy Trading feature aims to empower investors on their financial journey by offering portfolio diversification. Traders can automatically replicate the portfolios of seasoned professionals and maintain an active portfolio passively, which is suitable for traders of all financial literacy levels.

To participate in the ‘Be a Trading Athlete’ competition, download the VT Markets App, register for a Live Account, and visit the Promotions Page to opt-in.

About VT Markets

VT Markets is a regulated multi-asset broker with a presence in over 160 countries. To date, it has won numerous international accolades including Best Customer Service and Fastest Growing Broker.

In line with its mission to make trading accessible to all, VT Markets currently offers unfettered access to over 1,000 financial instruments and a seamless trading experience via its award-winning mobile app.

For more information, please visit the official VT Markets website or email us at info@vtmarkets.com. Alternatively, follow VT Markets on Facebook, Instagram, or LinkedIn.

For media enquiries and sponsorship opportunities, please email media@vtmarkets.com.

Or contact

Dandelyn Koh
Global Brand & PR Lead
dandelyn.koh@vtmarkets.com

Brenda Wong
Assistant Manager, Global PR & Comms
brenda.wong@vtmarkets.com

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

2 AI stocks that benefited from the boom in AI as much as Nvidia

The biggest names in artificial intelligence (AI) are once again beating quarterly earnings expectations.
There isn’t a hotter investment trend on Wall Street that exemplifies the FOMO trade quite like artificial intelligence (AI).

And the biggest winner was Nvidia.

Previously, we did a market analysis when the stock price of Nvidia skyrocketed to a record $1,224.40, bringing the company to hit a $3.01 trillion market cap milestone.

You can read about it here: Nvidia soars to record highs, eyes top spot by market cap

Nvidia made a move that many investors were eagerly waiting for. The tech giant completed a 10-for-1 stock split, now trading for about $120 a share compared with more than $1200 last week.

Such growth has put Nvidia on track to become the second largest company in the world.

What’s all the hype about stock splits?

When a company announces a stock split, it typically indicates strong performance in earnings and share value. This suggests that Nvidia may continue to perform well. Management is confident that, following the split, the stock has the potential to climb even higher.

But don’t expect this superior pricing power to last much longer.

The reason AI stocks have soared is simple: AI is useful in almost every industry. With more companies making A100 and H100 chips and new competitors joining the AI data center market, powerful GPUs will become less scarce. This means Nvidia might not be able to charge as much for their chips in the near future.

Nvidia may be Wall Street’s hottest AI stock right now, but investors may be better off looking at companies which are not heading for a bubble-bursting event.

Picture: Nvidia trading at 136.26 as seen on the VT Markets app (As of 19 June 2024).

Here are 2 hypergrowth stocks that you should grab now

There are currently only three S&P 500 stocks in the $3 trillion club: Nvidia, Microsoft, and Apple.

Compared to the stocks already in the $3 trillion club, Alphabet trades at the lowest valuation by far at a wide discount when compared to the others. Given its current growth and future prospects, the Alphabet currently looks very undervalued.

Alphabet’s market cap now stands at $2.19 trillion, which is approximately 47.03% lower than Nvidia’s valuation of $3.22 trillion.

Here’s why Alphabet has what it takes to push its market cap above $3 trillion

Picture: Google currently trading between 180.72 to 182.48 as of 24 June on the VT Markets app.

While Nvidia dominates the hardware sire of AI, Google Cloud takes the leading role in AI software. Running AI models takes serious computing power, and many companies either don’t have it or can’t justify spending millions of dollars on a system that may not be used enough to justify its cost. Cloud computing is the answer to this problem, allowing anyone to rent computing space from a cloud computing provider like Google Cloud.

Whether it’s data storage or processing power, Google Cloud has clients covered. With access to the latest generation of Nvidia GPUs for training models, Google Cloud is a top competitor in this space.

Up next on the list: Intel

Picture: Intel trading between 31.14 to 31.47 as of 24 June. Download the VT Markets app now.

Intel has been slower in adopting AI, but it’s starting to stand out from other chip makers by jumping into manufacturing. They’re aiming to become one of the biggest semiconductor manufacturers in the U.S. and Europe, just as the demand for chips is booming.

This might be the perfect time to invest.

Intel is on the verge of a potential comeback. Last year, they announced a shift to a foundry model and plans to build chip plants all over the U.S.

Right now, Taiwan Semiconductor Manufacturing Company (TSMC) dominates the market, making at least 60% of the world’s chips. But with tensions rising between China and Taiwan, tech companies are rethinking their reliance on TSMC.

But not for Intel. They’re seizing this opportunity to dive into the manufacturing game.

However, starting a foundry business incurs significant costs, which is why most companies prefer to outsource manufacturing. As a result, it will take time for Intel to recover its investment.

Interested to add Nvidia, Intel, or Intel to your portfolio? Try CFD Share Trading.

With the VT Markets app, you can do it with just a fraction of the trade value, while also being able to control larger positions. Unlike stocks, which require the full amount of the investment upfront, trading Share CFDs offers you the opportunity to gain access to global markets faster and at a lower cost.

Explore our list of US blue-chip shares here

Dear Client,
As part of our commitment to provide the most reliable service to our clients, there will be server maintenance and VT Markets APP this weekend.

MT5 Maintenance Hours:
July 20th, 2024 (Saturday) 02:00 – 05:00

VT Markets APP Social Trading Maintenance:
July 20th, 2024 (Saturday) 02:00 – 05:00 & 08:00 – 15:00
The above time is system time GMT+3.

Please note that the following aspects might be affected during the maintenance:
1. During the maintenance period, VT Markets APP Social Trading will not be available. It is recommended that you avoid this service during this period. All the other services on the VT APP remain normal.
2. Before the trading hours, the price quote and trading management will be temporarily disabled. You will not be able to open new positions, close open positions, or make any adjustments to the trades.
3. There might be a price gap after the trading hours opening. The Pending Orders, Stop Loss and Take Profit will be filled at the market price after trading hours opening.

Please refer to the MT5 / VT APP software for the specific maintenance completion and marketing opening time.
Thank you for your patience and understanding about this important initiative.
If you’d like more information, please don’t hesitate to contact info@vtmarkets.com

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

For centuries, gold has captivated humanity with its lustrous allure and enduring value. From ancient civilisations to modern economies, this precious metal has retained its status as a symbol of wealth and stability. Today, gold isn’t just for kings and central banks – it’s an accessible and potentially lucrative market for traders like you.

In this guide, we’ll unlock the secrets of gold trading, exploring its unique role in the financial world and providing you with practical strategies to navigate this market. Whether you’re looking to diversify your portfolio, hedge against economic uncertainty, or simply try your hand at a fascinating form of trading, this article will equip you with the knowledge you need to get started.

The benefits of gold trading

Gold’s journey from ancient currency to modern financial powerhouse is a testament to its enduring appeal. Throughout history, gold has served as a reliable store of value, often shining brightest during times of economic turmoil. Today, it continues to play a crucial role in global finance, offering unique benefits to traders and investors alike.

One of gold’s most attractive features is its ability to hedge against inflation. As the purchasing power of paper currencies erodes over time, gold often retains its value, making it a popular choice for those looking to protect their wealth from the ravages of rising prices.

Gold also acts as a safe haven asset during periods of economic or geopolitical uncertainty. When stock markets tumble or geopolitical tensions rise, investors often flock to gold, driving up its price and potentially providing profits for savvy traders.

For portfolio managers and individual investors alike, gold offers valuable diversification benefits. Its price movements often have a low or negative correlation with other asset classes like stocks and bonds, potentially reducing overall portfolio risk.

Forms of gold trading

The good news for aspiring gold traders is that you don’t need a vault to get started. There are several ways to gain exposure to gold prices:

1. Physical gold: This includes coins, bars, and jewellery. While owning tangible gold can be satisfying, it comes with storage and security concerns.

2. Gold ETFs: Exchange-traded funds offer an easy way to track gold prices without the hassle of physical ownership. They’re traded like stocks and typically have lower fees than many other gold investments.

3. Gold stocks: Investing in gold mining companies can provide indirect exposure to gold prices. However, these stocks are also influenced by company-specific factors and broader market trends.

4. Gold futures and options: These derivative products are typically used by more experienced traders due to their complexity and higher risk profile.

Understanding gold price movements

To trade gold effectively, you need to understand what drives its price. Several key factors come into play:

1. Interest rates: When interest rates are low, the opportunity cost of holding non-yielding gold decreases, often boosting its price.

2. Inflation: Rising inflation often drives investors towards gold as a store of value.

3. Economic growth: Slow growth or recessions can increase gold’s appeal as a safe haven.

4. Geopolitical events: International conflicts or political instability can spark a flight to safety, benefiting gold.

5. Supply and demand: Changes in gold production or consumption can impact prices, though usually to a lesser extent than the above factors.

For advanced traders, technical analysis can provide insights into short-term price movements. Concepts like trend lines, support and resistance levels, and moving averages can help identify potential entry and exit points for trades.

Gold trading strategies

As a non-professional trader, it’s best to start with straightforward strategies:

1. Buy-and-hold: This long-term approach involves purchasing gold and holding it for an extended period. It’s simple and can be effective, but may not capitalise on short-term price movements. Ideal for patient investors with a long-term outlook.

2. Swing trading: This strategy aims to capture medium-term trends in gold prices. Traders might hold positions for days or weeks, trying to profit from price swings. It requires more active market monitoring and basic technical analysis skills.

3. Dollar-cost averaging (DCA): With this approach, you invest a fixed amount in gold at regular intervals, regardless of price. This can help smooth out the impact of price volatility over time. It’s great for risk-averse investors or those with regular income to invest.

4. Value investing: This involves buying gold when you believe it’s undervalued, with the expectation that its price will eventually rise to its “true” value. It requires patience and some skill in fundamental analysis to determine when gold might be undervalued.

Each strategy has its own risk-reward profile, so choose one that aligns with your goals, available time, and risk tolerance. Consider starting with a demo account to practice before risking real money.

Practical tips for successful gold trading

1. Do your homework: Stay informed about economic indicators, geopolitical events, and gold market analysis from reputable sources.

2. Learn basic technical analysis: Understanding how to read price charts and interpret simple indicators can enhance your trading decisions.

3. Practice risk management: Always use stop-loss orders to limit potential losses, and never risk more than you can afford to lose on a single trade.

4. Master your emotions: Fear and greed can lead to poor decisions. Develop a trading plan and stick to it, regardless of short-term market movements.

5. Start small: Begin with a small amount of capital as you learn the ropes of gold trading.

In conclusion, gold trading offers a unique opportunity for traders. By understanding gold’s role in the economy, learning basic strategies, and avoiding common pitfalls, you can embark on this exciting journey.

For beginners, platforms like VT Markets provide an excellent starting point. With user-friendly tools, educational resources, and gold CFD trading options, it’s ideal for newcomers. The demo account feature allows you to practice risk-free before committing real funds. Remember, successful trading develops over time. Start small, keep learning, and utilise demo accounts to hone your skills. With persistence, gold trading could become a valuable addition to your financial toolkit.