Markets closed at their busiest since the financial crisis, with traders looking for some form of gain to buy.
But if you don’t believe me, you can read a recent post on my blog by a trader that was able to trade stocks for free.
“The market had fallen into a bear market since May but the market has now stabilised,” he wrote.
“Now there is an increase in demand and the market is stabilising again.
If you want to buy shares, I think this is the best time to do it.”
Read more on our Brexit news storiesThe trader had a very clear idea of how to use his trading skills to help his clients in the Brexit markets.
And he wasn’t alone in his decision to buy stocks for no money back.
More and more people are turning to the online trading platforms and investing via trading platforms, says Chris Jones, the founder of The Wealth Institute.
“We have a lot of people using trading platforms.
You could see this in the UK as well.
We’ve seen a lot more people using them in recent weeks.
It’s a trend that we’re seeing with people moving into the UK market,” he said.
“There’s a lot less barriers for people to invest and the people who are investing are the ones who will have to pay back their investments.”
But is it safe?
Trading platforms are regulated in the same way as traditional investment schemes.
You have to register with the CFTC to trade.
And unlike traditional investment opportunities, trading platforms are not guaranteed.
The market has fallen into bear marketSince May, the market on both the US and European markets has plunged, hitting a record low of -0.5% in the early hours of Tuesday morning.
On the US stock market, the Dow Jones Industrial Average has plunged more than 400 points since last week.
The Dow Jones is down 1,000 points so far this year.
On the European stock market the DAX is down almost 2,000 point.
Investors are betting on a revival.
And it’s not just people buying into the market.
Trading on the platform allows traders to buy and sell stocks at low prices and get a return, says Jones.
“People have been making huge amounts of money trading on platforms, especially in the past couple of weeks.
The market has risen dramatically over the past week.
But people who have been trading for free on platforms have been able to sell their shares at the same time they have bought them,” he says.
It’s a gambleFor many traders, it’s a bet they’re making, but that’s not necessarily the case.
“I think there are a lot people who feel that they’re buying shares for free, which is not necessarily true,” says Jones, who also advises people to trade on the platforms and sell when they’re ready to buy a stock.
“People are buying shares and selling shares at exactly the same moment.
If they’re not selling, they can buy and resell.”
It can be very tempting for people, especially if you have a big portfolio, to do this because it’s easy to buy the shares at a high price and sell them at a low price, and get your money back,” he added.
But it could be a risk.
The markets have become so volatile that they could be risky to your finances, says Dr Sarah Lee, a specialist in risk management at the Australian Securities and Investments Commission.
She points out that the US market was trading in a bear-market at the start of the year.
At the end of June, it was trading at a near-record low of around -0,2%.”
If you do buy stocks, you might want to sell them because you think you’re going to get a higher return on your investment than you would have paid if you bought them for the current price.””
But if you’re investing for a premium, the markets tend to be more stable.”
If you do buy stocks, you might want to sell them because you think you’re going to get a higher return on your investment than you would have paid if you bought them for the current price.
“Read MoreThe volatility isn’t just a downside for investors, it can also have a positive impact on the economy.”
There is a lot going on in the US, but you might see a rebound in the next couple of months or even in the summer,” says Lee.
For people who invest, there’s also a positive side to the markets as well, she says.”
Investors can benefit from the stability in the market, and the fact that the market isn’t so volatile.
“The markets may have turned, but the people are still tradingFor people buying shares, the upside is a chance to take a punt on the markets and make a profit, says Lee, who advises people who don’t want to wait to buy to use trading platforms to trade at lower prices.
She says it’s often cheaper to buy through a platform and reseal your shares when you’re ready.Read