Magic Keys Forex
Maggie Szydlowski
When picking a forex broker to work with, you must choose the one that suits your needs and has features that give you a competitive edge. This article will focus on why Dominion Markets is one of the top forex brokerage firms for commission incentives, diverse currencies and trading instruments, and Islamic accounts. Moreover, we will compare it to Global Prime, Eighcap, and Trade Nation.
Commision incentives is a unique feature for Dominion Markets as it sets it apart from other top forex brokers. Most traders who work with Dominion Markets have expressed genuine wonder that you can use your commissions to get fantastic trading tools and education. Furthermore, it gives you access to a community of traders on Discord, allowing you to share trading ideas and grow.
As you trade with a broker, you pay a certain amount of commission depending on the assets. This commission becomes a trading cost that eats a bit into your profits. However, this is not the case with Dominion Markets.
When your commissions accumulate to $30, you gain access to the digital magic keys, an extraordinary treasure in forex trading. Over 42,000 people currently use the tool, which improves risk management and trading precision. This tool has special keys that allow you to:
The next level is for commissions of $500. This accumulation allows you to access top-class forex education that will give you an edge over your competitors. The educational resource focuses on simplifying complex forex concepts and teaching you new ways of viewing and participating in the forex market.
After gaining access to market fluidity, you also get to be a part of the Dominion Markets Discord group. Here, you will be updated on the forex industry and exchange trading ideas with other traders. Moreover, you will get to work with forex experts one on one.
Finding a broker that offers Islamic accounts is essential for Muslim traders. These are swap-free accounts for clients whose religious beliefs do not allow them to earn or pay interest. Dominion Markets is an inclusive forex broker with Islamic accounts that allows clients from all walks of life to participate in the forex market.
Swap is the difference in interest rates between the two countries that make up a currency pair. This interest is either paid or earned when you keep a position open overnight or longer. The more significant the difference in interest rates, the bigger the swap. Therefore, by removing swaps, Dominion Markets allows Muslim traders to participate in the forex market without violating religious rules.
The account has all the features of a standard account with lower spreads and commission incentives. However, Global Prime, Eightcap, and Trade Nation do not offer Islamic accounts. Therefore, Muslim traders would violate their religious rules if they picked these brokers, which lack swap-free accounts.
Another thing that sets Dominion Markets apart is that it is one of the best forex brokers with multiple asset classes. With Dominion Markets, traders can trade currencies, cryptocurrencies, stocks, indices, metals and commodities. Moreover, the distribution of instruments in each class is excellent.
The main instruments for forex traders are currencies, and Dominion Markets offers 55 pairs, more than most forex brokers provide. A wide range of trading instruments is essential for the following reasons.
You can diversify your portfolio with so many trading instruments for better results. This allows you to spread the risk and not put all your eggs in one basket. Naturally, there are periods when some instruments perform better than others in terms of volatility and trends. In a diversified portfolio, high-performing instruments will balance the low-performing ones.
With a wide selection of instruments, you can pick those that best fit your risk tolerance. This allows you to choose based on volatility. However, if you have few instruments, focusing on a specific number that fits your strategy becomes harder.
Although Global Prime provides one more currency than Dominion Markets (56 compared to 55), it does not offer stocks. Moreover, although it has a relatively broad asset class, most classes have few instruments. For instance, it only provides three bonds. Additionally, it offers 140 instruments, much lower than the 200 plus on Dominion Markets.
Meanwhile, Eightcap offers a smaller number of currency pairs than Dominion Markets. While Eightcap gives you 47 currencies, you can get 55 on Dominion Markets. This difference can add diversity to your trading portfolio.
There are many reasons why Dominion Markets stands out in the forex industry. If you are looking for commission incentives, Islamic accounts, and a wide selection of instruments, Join Dominion Markets today.
The duration of magickeys.trade coupons can vary. Some coupons may be valid for a few days, while others may last for several weeks or even months. It's important to check the expiry date of each coupon. If no expiry date is provided, it's safe to assume that the coupon is valid until the company decides to end the promotion. Always check the terms and conditions of each coupon to avoid disappointment. Remember, some coupons may only be valid for first-time customers or may require a minimum purchase amount.
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Remember, the code must be entered exactly as received. If the code is valid, the discount will be applied to the total. If there are any issues, please contact the customer service team at magickeys.trade. They are ready to assist with any questions or concerns. Happy shopping!
Magickeys.trade often has sale events that offer significant savings. One of the notable sales is the discount on the Magic Keys V3, which is a tool for making trading more immediate and precise. They also offer a digital version of Magic Keys for those who prefer not to have a physical device.
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