UTC Global
UNIQUE TRADING COMMUNITY
UTC GLOBAL is an emerging worldwide community of professional, passionate and successful traders.
Products
UTC ProTrader
UTC ProTrader is the most advanced AI trading signal software with AI scanner 2.0. UTC ProTrader is developed by a group of professional traders with 20 years of experience in global financial markets.UTC ProTrader give the maximum accuracy that Will assure you consistent profit in trading. We are continuously researching and developing new strategies for changing market conditions and release UTC ProTrader’s new versions.
UTC ProTrader AI Signal software designed in such a way that even newcomer in trading can easily pick confirmed BUY SELL signals with Targets and Stop Loss. UTC ProTrader AI Trading System following Trailing Stop Loss strategy to minimise risk in trading.
Be a part of UTC GLOBAL Team, say no to losses and make consistent profit from trading to achieve your goals in your life. We are happy to become a part of your success.
UTC SuperTrader Bot
UTC SuperTrader Bot is a fully automatic trading bot for forex and crypto currency trading.This bot is a combination of most advanced trading strategies and AI technology.This bot will work on all trading conditions and make consistent profit.Everyone can use this bot for making a passive income
UTC Pro Trader Benefits
As a human being we are facing so many challenges while trading in the live market.Emotions, over trading, delay in entering a trade, changes in market conditions, trade without a plan and many more.This leads to loss in trading. It is very difficult to overcome these challenges, especially for new traders. UTC ProTrader Signal Software will help you to overcome these challenges and even a new trader can trade like a pro trader with the help of UTC ProTrader
Markets
Forex
What Is the Forex Market?
The foreign exchange market is where currencies are traded. This international market’s most unique aspect is that it lacks a central marketplace. Instead, currency trading is conducted electronically over the counter(OTC). This means that all transactions occur via computer networks among traders worldwide rather than on one centralized exchange.
The market is open 24 hours a day, five and a half days a week. Currencies are traded worldwide in the major financial centers of Frankfurt, Hong Kong, London, New York, Paris, Singapore, Sydney, Tokyo, and Zurich—across almost every time zone. This means the forex market begins in Tokyo and Hong Kong when the U.S. trading day ends. As such, the forex market can be highly active at any time, with price quotes changing constantly.
The FX market is continuous and nonstop trading market in the world. In the past, the forex market was dominated by institutional firms and large banks, which acted on behalf of clients. But it has become more retail-oriented in recent years—traders and investors of all sizes participate in it.
How to Start Trading Forex
Trading forex is similar to equity trading. Here are some steps to get yourself started on the forex trading journey.
Learn about forex:
While it is not complicated, forex trading is an undertaking that requires specialized knowledge and a commitment to learning.
Set up a brokerage account: You will need a forex trading account at a brokerage to get started with forex trading.
Develop a trading strategy: While it is not always possible to predict and time market movement, having a trading strategy will help you set broad guidelines and a road map for trading.
Always be on top of your numbers: Once you begin trading, check your positions at the end of the day.
Most trading software already provides a daily accounting of trades. Make sure that you do not have any pending positions to be filled and that you have sufficient cash in your account to make future trades.
Cultivate emotional equilibrium: Beginner forex trading is fraught with emotional roller coasters and unanswered questions. Discipline yourself to close out your positions when necessary.
Forex Terminology
The best way to get started on the forex journey is to learn its language. Here are a few terms to get you started:
- Forex account: A forex account is used to make currency trades. Depending on the lot size, there can be three types of forex accounts:
- Micro forex accounts: Accounts that allow you to trade up to $1,000 worth of currencies in one lot.
- Mini forex accounts: Accounts that allow you to trade up to $10,000 worth of currencies in one lot.
- Standard forex accounts: Accounts that allow you to trade up to $100,000 worth of currencies in one lot.
- Ask: An ask (or offer) is the lowest price at which you are willing to buy a currency.
- Bid: A bid is the price at which you are willing to sell a currency.
- Contract for difference: A contract for difference (CFD) is a derivative that lets traders speculate on price movements for currencies without owning the underlying asset.
- Leverage: Leverage is using borrowed capital to multiply returns. The forex market is characterized by high leverages, and traders often use it to boost their positions.
Crypto
Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.
CFD trading on cryptocurrencies
CFDs trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. You can go long (‘buy’) if you think a cryptocurrency will rise in value, or short (‘sell’) if you think it will fall.
Both are leveraged products, meaning you only need to put up a small deposit – known as margin – to gain full exposure to the underlying market. Your profit or loss are still calculated according to the full size of your position, so leverage will magnify both profits and losses.
Buying and selling cryptocurrencies via an exchange
When you buy cryptocurrencies via an exchange, you purchase the coins themselves. You’ll need to create an exchange account, put up the full value of the asset to open a position, and store the cryptocurrency tokens in your own wallet until you’re ready to sell.
Exchanges bring their own steep learning curve as you’ll need to get to grips with the technology involved and learn how to make sense of the data. Many exchanges also have limits on how much you can deposit, while accounts can be very expensive to maintain.
How do Cryptocurrency markets work?
Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. However, cryptocurrencies can be bought and sold via exchanges and stored in ‘wallets’ .
Unlike traditional currencies, cryptocurrencies exist only as a shared digital record of ownership, stored on a blockchain. When a user wants to send cryptocurrency units to another user, they send it to that user’s digital wallet. The transaction isn’t considered final until it has been verified and added to the blockchain through a process called mining. This is also how new cryptocurrency tokens are usually created.
Be a Trader
While comparing to other jobs and professions ,there are so many advantages to a full time-successful trader.
FLEXIBILITY
The most attractive prospect of becoming a trader is the flexibility.He can work at home, your own office, hotels or even when traveling around the world.
NEVER STOP LEARNING
With a flexible schedule , you can develop more skills of your liking, new strategies, and even use them for freelancing.
BETTER LIFE WORK BALANCE
As a trader who works as per their needs and comfort, you will be able to create a good worklife balance. You can manage time for work, family or entertainments as you like.
BE YOUR OWN BOSS
You have the freedom to make your own researched decisions.As a trader, you don’t have to deal with frustrating office politics, including gossip, seniority, bosses playing, and other hassles that most employees have to deal with
MONEY
With the right knowledge, experience and a good strategy, You can earn abundance of money from the market
Partner
FxPro is the world's #1 trading broker with 100+ awards
FxPro offers FX, Shares, Spot Indices, Futures, Spot Metals, Spot Energy & Cryptos. We provide traders with access to top-tier liquidity, advanced trading platforms and tools, and award-winning order execution with no-dealing-desk intervention. In their 16+ years as a leader in the online trading industry, they have remained a strong advocate of transparency and received more than 100+ awards for the professional trading conditions offered.
