This week, traders are mainly focused on the rate decisions of major central banks, such as the Federal Reserve, Swiss National Bank (SNB), Bank of England (BOE), and Bank of Japan (BOJ). These decisions have the potential to influence the markets significantly. It’s advisable to exercise caution and stay informed about the latest developments to ensure a successful week of trading.

Here are some notable market highlights for this week:

Canada Consumer Price Index (19 September 2023)

Consumer prices in Canada rose 0.6% in July 2023, following a 0.1% gain in June 2023. 

Analysts expect a 0.6% increase in the figures for August, which are set to be released on 19 September.

Federal Reserve Rate Decision (21 September 2023)

The Fed raised its funds rate target to 5.5% in July. 

Analysts expect the Fed to keep interest rates at 5.5% following its upcoming meeting on 21 September.

Swiss National Bank Rate Decision (21 September 2023) 

The SNB raised its policy interest rate by 25 bps to 1.75% during its June meeting. It also raised the possibility of further rate hikes in the future to ensure price stability over the medium term.

The next rate decision will be released on 21 September, with analysts expecting another increase of 25 bps to 2%.

Bank of England Rate Decision (21 September 2023) 

The BOE raised its policy interest rate by 25 bps to 5.25% during its August 2023 meeting, marking the 14th consecutive increase. 

Analysts expect the central bank to raise its rate by another 25 bps to 5.5% at its upcoming meeting on 21 September.

Bank of Japan Rate Decision (22 September 2023)

The BOJ unanimously decided to keep its key short-term interest rate at -0.1% and 10-year bond yields at 0% during its July 2023 meeting.

For the upcoming meeting on 22 September, analysts anticipate that the central bank will maintain the current interest rate levels.

Flash manufacturing PMI for Germany, the UK, and the US (22 September 2023) 

Germany’s manufacturing PMI increased to 39.1 in August 2023 from 38.8 in July 2023. Meanwhile, the UK’s manufacturing PMI for the same period fell from 45.3 to 43. Additionally, the US’ manufacturing PMI for the same period decreased from 49 to 47.9

The next set of data will be released on 22 September. Analysts’ predicted manufacturing PMIs are 39 for Germany, 43.6 for the UK, and 48.8 for the US.

Flash services PMI for Germany, the UK, and the US (22 September 2023) 

Germany’s services PMI declined from 52.3 in July 2023 to 47.3 in August 2023. Similarly, the UK’s services PMI declined from 51.5 to 49.5 during this period, while the US’ services PMI also fell from 52.3 to 50.2 during the same period. 

Analysts’ predicted services PMIs for September 2023 are as follows: Germany at 47.2, the UK at 49.1, and the US at 50.2.

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.

Read Part 1 of this article to learn about the purpose of charts in Forex trading, different chart types, and how to use line charts.

Bar Charts (OHLC) 

OHLC stands for Open, High, Low, and Close. Bar charts are a widely used type of Forex chart that display these four key price points for each time period. They are represented as vertical bars, and each bar provides a comprehensive view of price movements within that specific timeframe. 

Here’s a breakdown of the components of a bar on a bar chart: 

• _{Open Price: The top of the vertical bar represents the opening price of the currency pair at the beginning of the chosen time period.} 
• _{High Price: The top point or “spike” of the vertical bar indicates the highest price reached during that time period.} 

• _{Low Price: The lowest point or “dip” of the vertical bar represents the lowest price reached during that time period.} 
• _{Close Price: The bottom of the vertical bar represents the closing price of the currency pair at the end of the chosen time period.} 

Bar charts are valuable for traders who want a more detailed understanding of price movements. They provide a holistic picture of what happened within a given timeframe. 

How to Read and Interpret Bar Charts 

Reading and interpreting a bar chart involves analysing each bar to understand the dynamics of the market during that specific time period. Here’s how you can read and interpret a bar chart: 

• _{Open to Close: The vertical length of the bar represents the price range between the opening and closing prices for that period. A longer bar indicates a larger price range.} 
• _{High and Low: The “spike” at the top and the “dip” at the bottom of the bar show the highest and lowest prices reached during the period.} 
• _{Market Sentiment: Analysing the relationship between the opening and closing prices can help you gauge market sentiment. If the closing price is higher than the opening price, it suggests bullish sentiment (buying pressure). Conversely, if the closing price is lower than the opening price, it indicates bearish sentiment (selling pressure).} 
• _{Patterns and Trends: By observing patterns in multiple bars, traders can identify trends, reversals, and potential trading opportunities.} 

In summary, bar charts are a powerful tool for traders seeking detailed insights into price movements. While they may seem complex at first, they are worth exploring as you gain experience in Forex trading. 

Candlestick Charts 

Candlestick charts are a highly visual and popular way to represent price movements in Forex trading. They use “candles” to provide a comprehensive view of the opening, high, low, and closing prices within a specific timeframe. 

Here’s a breakdown of the key elements of a candlestick: 

• _{Body: The central and thicker part of the candlestick is known as the “body.” The body represents the price range between the opening and closing prices for the given time period.} 
• _{Wicks or Shadows: Thin lines extending above and below the body are called “wicks” or “shadows.” These wicks represent the highest and lowest prices reached during the same time period.} 
• _{Colour: Candlestick charts use colour to convey valuable information about price movement during the timeframe. Typically, candles are coloured green or red, but this can vary depending on your chart settings and platform.} 

How to Read and Interpret Candlestick Charts 

Reading and interpreting candlestick charts involve understanding the relationship between the body, wicks, and their colours. Here’s how you can read and interpret a candlestick: 

• _{Body and Wick Length: The length of the body and the wicks provides insights into price volatility. A longer body or wick signifies greater price movement during the timeframe.} 
• _{Green (Bullish) and Red (Bearish): In most cases, a green (or white) candle represents a bullish candlestick, indicating that the closing price is higher than the opening price. Conversely, a red (or black) candle represents a bearish candlestick, signifying that the closing price is lower than the opening price.} 
• _{Upper and Lower Shadows: The upper shadow extends from the top of the body to the high price, while the lower shadow extends from the bottom of the body to the low price. These shadows illustrate the price range’s extremes during the timeframe.} 
• _{Patterns: Candlestick charts are renowned for their ability to reveal specific patterns, such as doji, hammer, and engulfing patterns. Traders often use these patterns to predict market reversals or continuations.} 

In summary, candlestick charts are a powerful tool for traders seeking a visually engaging way to analyse price movements. Their ability to reveal patterns and market sentiment makes them a favourite among traders, but mastering their interpretation may require some practice and education. 

Timeframes and Charting Periods 

Forex charts can be customised to display price data at various timeframes. The timeframe you choose determines how much data each candlestick or bar represents. Here are some common timeframes: 

• _{1-Minute: Each candlestick or bar represents one minute of trading data. This timeframe is popular among day traders for making quick decisions.} 
• _{5-Minute: Each candlestick or bar represents five minutes of trading data. It provides a slightly broader view than the 1-minute timeframe while still catering to short-term traders.} 
• _{1-Hour: Each candlestick or bar represents one hour of trading data. This timeframe is suitable for traders who want to capture short- to medium-term price movements.} 
• _{4-Hour: Each candlestick or bar represents four hours of trading data. It’s commonly used by swing traders and provides a more extended perspective of the market.} 
• _{Daily: Each candlestick or bar represents one full trading day. Daily charts are favoured by long-term traders and investors who want to identify significant trends and potential entry points over several days or weeks.} 
• _{Weekly: Each candlestick or bar represents one trading week, making it ideal for traders with long-term investment horizons who aim to capture trends over months or even years.} 

Choosing the Right Timeframe 

Selecting the appropriate timeframe is a crucial decision that depends on your trading style, goals, and preferences. It impacts the type of price movements you observe and the duration of your trades. By aligning your timeframe with your trading style and objectives, you can make more informed decisions and enhance your overall trading success. 

Here are some considerations: 

• _{Short-Term Traders: If you’re a day trader or scalper looking for quick profits from short-term price fluctuations, lower timeframes like 1-minute or 5-minute charts may be more suitable.} 
• _{Medium-Term Traders: Traders with a medium-term horizon, such as swing traders, often use 1-hour or 4-hour charts to capture price movements that span a few days to a few weeks.} 
• _{Long-Term Investors: If you’re an investor or trader focused on long-term trends, daily or weekly charts provide a broader view of the market and are better suited for identifying significant trends and potential entry points over a more extended period.} 
• _{Combination: Some traders use a combination of timeframes to gain different perspectives on the same currency pair. For example, they might use a daily chart for trend analysis and a 1-hour chart for precise entry and exit points.} 

In conclusion, Forex charts are indispensable tools in the currency trading world, offering clarity amid market complexity. Whether you choose line, bar, or candlestick charts, your chart type significantly impacts your trading strategy. Understanding various timeframes is key for aligning your trading style with your goals. As you dive into trading, remember that chart analysis is a skill to refine, guiding you to profitable decisions and financial growth. 

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.

Click here for the English version of How To Trade Coffee

Es uno de los productos blandos más comercializados y consumidos en el mundo, una parte indispensable de las mañanas de muchas personas y una industria que vale más de 100 mil millones de dólares estadounidenses al año.

Con un mercado global enorme que puede verse afectado por muchos factores externos e incluso por los precios de otros productos básicos, el comercio de café puede ofrecer a los comerciantes la oportunidad de aprovechar algunas oportunidades rentables.

En este artículo, cubriremos cómo negociar café, la historia de este producto básico blando, así como examinaremos algunos de los factores que mueven su precio y sus opciones de negociación.

La historia del comercio de café

El café es un producto básico blando, lo que significa que es un producto natural cultivado como otros cultivos en lugar de ser extraído o minado, como es el caso de los productos básicos duros (aprende más sobre los productos básicos y qué son en nuestra guía detallada).

Es un producto agrícola que ha sido un elemento común en las dietas de todo el mundo durante siglos. En el Medio Oriente, el café era una bebida popular desde el siglo XV, y los europeos descubrieron el sabroso grano en el siglo XVII; los comerciantes comenzaron a negociar rápidamente por él. Las casas de café en sí solían ser destinos populares para que los comerciantes se reunieran y discutieran acuerdos comerciales.

Hoy en día, tanto la demanda de café como la forma en que lo negociamos han crecido en tamaño, complejidad y sofisticación. Las plantaciones de café, que fueron establecidas por colonos europeos, se convirtieron en proveedores modernos de café, y la industria ahora produce cerca de 170 millones de sacos de granos de café para consumo cada año. El comercio de café ha avanzado desde los trueques entre comerciantes viajeros hasta ofrecer un gran potencial para los comerciantes.

Diferentes variedades de café

Los dos tipos principales de café negociados a nivel mundial son el arábigo y el robusta. Ambos difieren en sabor y también se ven afectados por factores externos que moverán sus precios. Para decidir qué tipo de café deseas negociar, deberás entender qué factores afectan el precio de cada variedad.

Arábigo: Considerado de mayor calidad, los granos de arábigo tienen un sabor distintivo y a menudo se utilizan en cadenas de cafeterías y en mezclas de café tostado de calidad. Puede parecer que esto significa que se negocian a un precio consistentemente más alto que el robusta, pero esto no siempre es el caso.

Los granos de café arábigo comprenden el 60-70% del suministro mundial de café. Es el tipo utilizado por las franquicias de cafeterías como Starbucks, y se obtiene principalmente de Brasil y Colombia. El arábigo generalmente se considera que sigue tendencias de fluctuación de precios más estables.

Robusta: El café robusta tiene más cafeína que el arábigo, crece en climas más cálidos y a altitudes más bajas que su contraparte de mayor altitud. Las personas suelen encontrar el sabor del café robusta más amargo en general, y tiene un sabor más terroso que el arábigo, que tiende hacia la acidez y la frutosidad.

Representa alrededor del 30% del mercado de comercio de café, pero a menudo puede negociarse a un precio más alto. La razón de esto es la demanda del robusta entre las grandes corporaciones multinacionales, como Nestlé, que utilizan los granos para sus líneas de productos globales como el café instantáneo Nescafé. Los granos de robusta se cultivan principalmente en Vietnam.

¿Dónde se cultiva el café?

Las demandas de la planta de cafeto significan que prospera en una área geográfica específica conocida como el “cinturón del café”. Este cinturón es una zona longitudinal que se extiende hacia afuera desde el ecuador, tan al norte como el Trópico de Cáncer y tan al sur como el Trópico de Capricornio. Pueden cultivarse diferentes tipos de café a diferentes altitudes, pero los principales productores de la mayoría del suministro mundial de café provienen de Brasil, Vietnam, Colombia, Indonesia y Etiopía.

El comercio de café ocurre en todas partes del mundo, siendo la Unión Europea, Estados Unidos, Japón, Rusia y Canadá los mayores importadores de granos. Con tantos factores involucrados en el cultivo, cosecha, tostado y transporte del café, el comercio de café está lleno de especulación y tiene muchos factores que pueden mover su precio. Para aprender a negociar café, deberás familiarizarte con estos aspectos fundamentales del mercado.

Comprender lo que mueve el precio del café

Como podrías esperar con un material físico que necesita ser plantado, cultivado y cosechado, existen muchos factores que deben salir bien para que el café llegue con éxito al mercado y se negocie. Si algunos de estos desencadenantes surgen inesperadamente, el mercado de comercio de café puede volverse rápidamente volátil.

Esto puede ser ventajoso para los comerciantes a quienes les gustan las oportunidades de ganancias a corto plazo que ofrece la volatilidad. Sin embargo, es posible que prefieras negociar café con un índice de precio más estable si tienes la intención de utilizar las tendencias para guiar tu negociación.

Clima: En 1977, una helada importante en Brasil arrasó con grandes áreas boscosas utilizadas para la producción de café, lo que hizo que los costos globales se dispararan. Problemas climáticos inesperados como el clima inusual, inundaciones, heladas y sequías pueden arruinar los cultivos, aumentando el precio de los granos de café existentes a medida que los proveedores luchan por satisfacer la demanda.

Por otro lado, condiciones climáticas excelentes pueden llevar a un exceso de granos de café y hacer que los precios se desplomen a medida que los compradores se enfrentan a un exceso de suministro.

Hábitos de consumo: Así como el descubrimiento del café en Europa en el siglo XVII llevó a toda una nueva economía de plantaciones y comercio, los hábitos de consumo todavía afectan el lado de la demanda del comercio de café hoy en día.

La aparición de una cultura del café más sofisticada y tostados especializados ha causado que los precios de ciertos tipos y regiones de café sufran, al igual que las preocupaciones sobre los efectos de la cafeína y la naturaleza adictiva del café.

Dado que el café es menos esencial que los alimentos básicos como el trigo o el arroz, las recesiones económicas y la reducción del gasto del consumidor también pueden afectar el comercio de café.

Enfermedades de las plantas: Las plantas de cafeto son bastante sensibles y su rendimiento puede verse afectado tanto por el clima como por las enfermedades de las plantas. A medida que los hongos como el “roya del cafeto” han invadido los cultivos y arruinado las cosechas, el robusta a menudo ha surgido como la fuente de café más resistente, lo que afecta el precio de ambos tipos de granos de café principales.

El mercado del petróleo: Sí, el mercado del petróleo puede desempeñar un papel importante en los precios del café. Debido a que los principales productores de café, como Colombia, Brasil y Vietnam, están ubicados tan lejos de las principales regiones que consumen café, un aumento en los precios del petróleo tendrá un efecto significativo en los costos de transporte del café, lo que a su vez aumentará los precios del comercio de café.

Costos de distribución: No solo el precio del petróleo relacionado con el transporte, sino también los costos generales de envío y flete pueden afectar el comercio de café y cuánto.

Geopolítica: El comercio de café se ve afectado por problemas de geopolítica e inestabilidad. Casi todo el suministro mundial de café se cultiva en países en desarrollo, que pueden ser menos estables que los países del primer mundo y, por lo tanto, tener un precio menos estable.

De manera similar, las crisis políticas en las naciones que constituyen la mayoría de los consumidores aumentarán o disminuirán la demanda. La guerra entre Rusia y Ucrania, por ejemplo, ha afectado la demanda de Rusia para consumir café.

El dólar estadounidense: Muchos mercados de productos básicos se cotizan en dólares estadounidenses, y el comercio de café es uno de ellos. Las fluctuaciones en el valor de la moneda estadounidense tendrán, por lo tanto, un efecto secundario en el precio del mercado de productos básicos.

Cómo negociar café

Si estás interesado en aprender a negociar café, primero deberás elegir el método de negociación en el que estás interesado.

Apuestas de spread en el café: Las apuestas de spread son un derivado financiero que especula sobre los movimientos de precio del café como un activo. Es libre de impuestos en el Reino Unido y es adecuado para el comercio a corto plazo de café.

CFDs de café: Similar a las apuestas de spread, el comercio de CFD de café implica el intercambio de la diferencia entre la posición de apertura y cierre de un contrato, lo que refleja los movimientos en el precio de un mercado de café. Al final del contrato, las dos partes realizan el intercambio, lo que resulta en una ganancia o pérdida para cada parte.

Los CFD de café atraen impuestos en el Reino Unido y también son un producto financiero que utiliza operaciones de apalancamiento o margen. Esto significa que un comerciante solo utiliza un margen porcentaje del valor total del activo, lo que puede llevar a mayores ganancias, aunque también conlleva un riesgo de pérdidas mayores.

Futuros de café: Una forma popular de negociar café, los futuros de café aprovechan al máximo la volatilidad del mercado de café, creando un intercambio en una fecha futura designada por un precio fijo, frente al cual el mercado puede moverse o no a tu favor.

¿Listo para abrir tu primera posición de negociación de café?

Si estás listo para comenzar a negociar café, VT Markets facilita el inicio en un entorno de negociación amigable para el usuario. Comienza tu cuenta demo gratuita y practica la negociación de CFD de café y futuros en una plataforma sin riesgos durante 90 días, o salta directamente creando tu cuenta de negociación en vivo.

¿No estás seguro de cómo abrir tu cuenta de negociación de café? Háblanos sobre cómo comenzar tu cartera de negociación hoy.

Preguntas frecuentes

¿Es el café un producto básico negociable?

No solo es posible negociar café, sino que también es uno de los productos básicos más negociados en el mundo. En la actualidad, al igual que con el comercio de muchos productos blandos, los comerciantes e inversores pueden obtener exposición a los mercados de café no solo comprando y vendiendo el activo en sí, sino también a través del comercio de futuros y contratos de opciones de café, a menudo a través de CFD de café. Tanto el café arábigo como el café robusta se negocian en el Intercontinental Exchange o ICE.

¿Qué tan valioso es el café como producto básico negociable?

Dado que el café se consume ampliamente, es un mercado global valioso del que los comerciantes pueden obtener ganancias. El sector genera más de 100 mil millones de dólares estadounidenses al año, y la volatilidad del mercado ofrece a los comerciantes activos la oportunidad de tomar decisiones rápidas y decisivas al abrir y cerrar posiciones a corto plazo.

¿Cómo se negocia el café?

Existen diversos métodos para negociar café, que incluyen el comercio de CFD de café, futuros de café y opciones. Para supervisar eficazmente el mercado de comercio de café y tomar las decisiones correctas de manera oportuna, necesitas una plataforma potente a la que puedas acceder fácilmente durante las horas de negociación y que permita la ejecución rápida de órdenes.

En VT Markets, utilizamos las potentes plataformas MetaTrader 4 y MetaTrader 5 para brindar a nuestros clientes un entorno de negociación transparente y sin restricciones donde pueden ejecutar su estrategia de negociación de café sin problemas.

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.

Of particular interest to traders this week will be the US Consumer Price Index (CPI), the US Producer Price Index (PPI), and the European Central Bank’s (ECB) Rate Decision. These items have the potential to significantly impact the markets. Exercise caution and stay up to date with the latest developments to ensure a successful week of trading. 

Here are some notable market highlights for the upcoming week:

UK Claimant Count Change (12 September 2023)

The number of people claiming unemployment benefits in the UK increased by 29,000 in July 2023.

The data for August 2023 will be released on 12 September, with analysts expecting a further increase of 17,000.

UK Gross Domestic Product (13 September 2023) 

The British economy expanded by 0.5% in June 2023, rebounding from a 0.1% decline in May. 

Analysts anticipate a 0.3% decrease in the data for July 2023, scheduled for release on 13 September.

US Consumer Price Index (13 September 2023)

The monthly inflation rate in the US held steady at 0.2% in July 2023. 

Analysts expect an increase of 0.5% in the upcoming CPI figures, set to be released on 13 September.

Australia Employment Change (14 September 2023) 

Employment in Australia decreased by 14,600 in July 2023. 

Figures for August 2023 will be released on 14 September, with analysts anticipating an increase of 40,000.

European Central Bank Rate Decision (14 September 2023)  

The ECB raised its key interest rates by 25 bps to 4.25% during its July meeting.

For the upcoming meeting on 14 September, analysts expect the central bank to keep the interest rates at 4.25%.

US Producer Price Index (14 September 2023) 

Producer prices in the US rose 0.3% in July 2023, the biggest increase since January 2023.

Analysts expect a 0.4% increase in the figures for August 2023, set to be released on 14 September.

US Retail Sales (14 September 2023)

US retail sales were up 0.7% in July 2023. This follows a 0.3% increase in June 2023 and marks a fourth consecutive rise.

Analysts expect a further increase of 0.2% in the figures for August 2023, set to be released on 14 September. 

University of Michigan Consumer Sentiment (15 September 2023)

The University of Michigan Consumer Sentiment Index for the US was revised from preliminary estimates of 71.2 to 69.5 in August 2023.

Analysts expect the index to remain at 69.5 in the upcoming figures, set to be released on 15 September.

In recent years, Forex and contract for difference (CFD) trading have seen a tremendous surge in popularity in the Middle East and North Africa (MENA) region. This growth can be attributed largely to increased market accessibility, technological advancements and the desire for diversified investment opportunities.

One of the main drivers of the growing popularity of Forex and CFD trading in the MENA region is the increasing accessibility to global financial markets. Traditionally, access to such markets was limited to institutional investors or high-net-worth individuals. However, with the emergence of online trading platforms and the widespread availability of internet services, retail traders in the MENA region can now easily participate in the global financial market. This shift has democratized trading and opened up new opportunities for individuals seeking to diversify their investment portfolios.

Low corporate tax rates and clear regulations have attracted many brokers to the region, and companies like VT Markets are catering and contributing to this growth in the MENA region. VT Markets is a well-known and respected broker that offers multi-asset trading services to retail traders worldwide, with a focus on Forex and CFD. Based in Australia, this brokerage has established itself as a trusted name over the last decade by providing innovative products and services that cater to the needs of traders. With over 200,000 clients from over 160 countries, the company has cemented its reputation by facilitating an average daily trade volume of over 4 million trades each month. Traders can sign up for an account with VT Markets in a matter of minutes.

The development of user-friendly trading platforms and mobile applications has made it easier for traders to access and trade financial markets on the go. Platforms like VT Markets provide real-time market data, charting tools and educational resources that enable traders to make informed investment decisions.

VT Market has successfully created a trustworthy and user-friendly platform that caters to the needs of all traders, particularly those in the MENA region who are new to trading. The demand for mobile app trading has been soaring, with a staggering $22 billion in revenue generated in the year 2022 in the U.S. alone. Forex trading has reached new highs, with a daily turnover of $7.5 trillion globally in 2022, up from $6.6 trillion in 2019. There are approximately 10 million Forex traders globally.

Interestingly, more than 50% of Forex traders favor trading through mobile devices or apps. Recognizing the demand for mobile apps, VT Markets provides a range of platforms to cater to different preferences, including the renowned MetaTrader 4 and 5 platforms, along with WebTrader, WebTrader+, and their proprietary VT Markets app.

The company was honored with the title of Best Multi-Asset Broker in South Africa 2023 by World Business Stars Magazine, solidifying its reputation as a reliable broker. VT Markets’ excellence in Forex trading was also acknowledged by World Business Stars Magazine, which awarded the company Best Forex Platform in UAE 2023. Notably, the company was also recognized as the Best Multi-Asset Broker in the MENA region for 2023 by International Business Magazine, further highlighting its appeal and recognition among traders in the Middle East and North Africa. These awards highlight VT Market’s commitment to providing exceptional services and platforms to its clients.

Learn more about VT Markets by visiting its website.

Featured photo by Yiorgos Ntrahas on Unsplash.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

About VT Markets:

VT Markets is a global multi-asset broker, providing access to a wide range of financial markets for traders and investors worldwide. With a strong commitment to innovation, technology, and client satisfaction, VT Markets offers competitive trading conditions, advanced trading platforms, and a comprehensive suite of educational resources. As a responsible corporate citizen, VT Markets is dedicated to making a positive impact on society through its corporate social responsibility initiatives.

For more information, please visit the official VT Markets website. Alternatively, follow VT Markets on Meta, Instagram, or LinkedIn.

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