*What is Spot Trading?*
*Spot trading* is a type of trading in which financial assets, such as currencies or commodities, are bought or sold at the current market price, with the aim of *immediate delivery* after the transaction is completed. Also known as spot price, transactions are executed directly without the need to use complex financial instruments such as leverage [1].
*Characteristics of Spot Trading*
- *Instant execution*: Transactions are executed immediately, meaning that the assets are delivered immediately after the transaction is completed.
- *Ease of use*: Spot trading is easy to learn and suitable for beginners, making it a popular choice among traders, including professional investors.
- *No leverage*: In this type of trading, leverage is not used, which reduces the risks associated with trading.
*Why do traders prefer spot trading?*
Many traders prefer spot trading because it provides *transparency and ease* in transactions, in addition to being suitable for day traders who seek to make quick profits from market movements
🚨 Remember, everything I provide is always a point of view and not investment advice
Your decision with your money is your decision alone🫵
And you are personally responsible for profit or loss
