Account Types

Online trading offers investors a great deal of convenience. Apart from that, it offers accessibility, which is essential for reacting in time to the market's volatility. While every option is only a mouse click away, it is important that you choose your account carefully.

In order to make the choice, there are a number of things that you need to consider. These may include:

• How much time you are going to dedicate to trading – Whether you are going to be an active trader (making several trades in a week) or a casual trader
• The extent of your risk capital – How much funds you have to your disposal
• Your investment horizon – Whether you have a long term perspective or are trading to make a quick buck
• How much experience you have
• What your risk tolerance is
• What strategies are you planning to adopt
• What your investment objectives are

If you have answers to the above, you will know which commodity you should be trading and which trading account will suit you best.