Trading financial assets online is not as easy as it sounds. We aim to make all fast-paced CFD trading beginner-friendly. Below are some of the terms you should understand before getting started with Qumas AI.
Contract for Difference (CFD) – This is a special financial instrument mirroring the value of an underlying asset. CFDs provide the opportunity to bet on market movements without owning the underlying asset.
Algorithmic trading – All our tools scan the markets for insights through powerful algorithms. An algorithm is simply a set of instructions. We apply AI technology to ensure the accuracy of the algorithms.
Multi-asset trading – Qumas AI offers a multi-asset trading approach. Users are required to specify the type of asset to trade. You can trade different asset classes simultaneously.
Leveraged trading – Leverage is a form of debt the broker provides to help you assume huge trading positions. The goal is to increase your bottom line. Leverage is not a typical debt; hence, no lien is attached to it. However, you can trade into the negative if you fail to apply the Stop Loss and Take Profit tools as instructed.