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Bold Prime is an online trading broker that is built by traders globally so that you can experience the best of retail forex CFD trading. They provide clients with the popular MetaTrader platforms for trading forex, stocks, cryptocurrencies, CFDs, and other trading instruments. Traders are offered excellent trading conditions, such as tight spreads, zero deposit fees and leverage of up to 1:1000.To get more news about bold prime review, you can visit wikifx.com official website.
There are helpful educational resources and a 24-hour knowledgeable customer support team available to assist traders around the clock. The minimum deposit required to start trading is just $15 whilst it only takes a few minutes to open an account and start trading online. Bold Prime also have free demo accounts if you would like to practice trading online risk free in order to try out your trading strategies and familiarise yourself with the brokers products and services before committing real funds.
Founded in 2020, Bold Prime is based in Kingstown, Saint Vincent and the Grenadines. The broker operates via the STP execution model, which offers instant access to the interbank markets. Straight Through Processing (STP) is a very popular model of execution, which involves sending the orders of the traders directly to the market without passing them through the dealing desk. This helps to ensure there is no conflict between the broker and trader.
Bold Prime can be a good online Forex CFD provider for high volume traders and scalpers. This is because they offer raw spreads from 0.0 pips along with reliable trade executions speeds for execution at the best possible prices with no requotes and no restrictions on trading strategies. Expert advisors, scalping, hedging and news trading are allowed.
Via an innovative bridge, clients can be filled on trade sizes ranging from 1 micro lot (1,000 base currency) to 200 lots (25 million base currency). The brokers technology sorts and ranks prices so that massive trades can be executed in real time through several pricing suppliers and tiers, ensuring the best price for any trade size, at any time.
Markets
Bold Prime is a multi-asset brokerage where you can choose to trade from hundreds of CFD instruments including forex, indices, commodities, stocks and shares. A contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades. CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX and commodities products.
You can buy and sell CFDs with Bold Prime to speculate on prices both long and short. If you think the price may rise, you may want to consider purchasing the asset. If you think the price will fall, you may want to consider selling it. The difference in price from when you enter and exit the trade, is the profit or loss minus any brokerage fees.
A CFD investor never actually owns the underlying asset but instead receives revenue based on the price change of that asset. Some advantages of CFDs include access to the underlying asset at a lower cost than buying the asset outright, ease of execution, and the ability to go long or short.