SEARCH
Investors turn to DIY trading platforms
Investors turn to DIY trading platforms
In an environment characterised by volatility and low growth, investors are flocking to do-it-yourself trading platforms, according to easyMarkets.
Robert Francis, managing director of forex trading platform easyMarkets, said investors are increasingly looking to DIY trading platforms to achieve "better returns".
Speaking to Adviser Innovation, Mr Francis pointed out that investors are "exploring other avenues" such as DIY trading platforms, moving away from stockbrokers and advisers.
He explained that the platform offers investors both cost-efficiency and general advice.
"Before a client trades with us, we actually want to sit down with them and discuss trading itself."
"The advice element is not so much in terms of [what to buy]; what we're doing is talking about risk management and money management. That's the advice we try and give clients," he said.
Mr Francis said the company places emphasis on ensuring that investors have strategies in place to preserve capital.
"It's very important for us to give our clients as much information as possible; have the resources to speak to somebody - to talk about risk management [and] money management."
The platform offers a stop loss function, whereby an investor sets a price that determines the maximum amount of capital they are willing to lose.
EasyMarkets trading desk manager Andreas Tjahja added that the company advises investors to risk only two to five per cent of their capital per trade idea.
"[This is] to ensure preservation of capital and [an increase in] the probabilistic nature of each trade idea/forecast," said Mr Tjahja.
EasyMarkets currently offers access to forex, indices and soft commodities, but will offer CFDs on shares in the second half of 2016. Mr Francis also confirmed that a mobile app is set to be launched within the same period.
Subscribe to our Newsletter
We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians
Your email address will be shared with nestegg and subject to our Privacy Policy
latest articles
OUR PLATFORMS AND BRANDS
- Accountants Daily
- Accounting Times
- Adviser Innovation
- Australian Aviation
- Broker Daily
- Cyber Daily
- Defence Connect
- Fintech Business
- HR Leader
- Independent Financial Adviser
- Investment Centre
- Investor Daily
- Lawyers Weekly
- Money Management
- Nestegg
- Property Buzz
- Real Estate Business
- Smart Property Investment
- SMSF Adviser
- Space Connect
- Super Review
- The Adviser
- Wellness Daily
- World of Aviation
EVENTS AND SUMMITS
- Accountants Daily 30 Under 30 Awards
- Adviser Innovation Summit
- Australian Accounting Awards
- Australian Aviation Awards
- Australian Broking Awards
- Australian Defence Industry Awards
- Australian Law Awards
- Australian Space Awards
- Australian Space Summit
- Better Business Summit & Awards
- Broker Daily Business Awards
- Corporate Counsel Summit & Awards
- Cyber Security Summit & Awards
- Defence Connect Budget Lunch
- Defence Connect DSR Summit
- Fund Manager of the Year Awards
- ifa Excellence Awards
- ifa Future Forum
- Investor Daily ESG Summit
- Lawyers Weekly 30 Under 30 Awards
- Lawyers Weekly Women in Law Forum
- New Broker Academy
- Partner of the Year Awards
- REB Awards
- Reinnovate
- SME Broker Bootcamp
- SMSF Adviser Technical Day
- Super Fund of the Year Awards
- Women in Finance Awards
- Women in Law Awards
- Accountants Daily Podcast Network
- Australian Aviation Podcast Network
- Broker Daily Podcast Network
- Defence Connect Podcast Network
- HR Leader Podcast Network
- REB Podcast Network
- Relative Return
- Space Connect Podcast
- The Adviser Podcast Network
- The ifa Show
- The Lawyers Weekly Show
- The Smart Property Investment Show
PODCASTS
LEARNING AND EDUCATION
MOMENTUM MARKETS NETWORK
LINKS
STAY CONNECTED
Subscribe to the Adviser Innovation eNewsletter.
