Modern technologies in combination with various training programs allow you to earn quite serious amounts of money. One of the most common tools for making money is the Moscow Exchange, which has been operating since 1992. People from all over the country earn money here by exchanging currencies, selling shares, buying precious metals and so on. Thinking about how to trade on the Moscow Exchange? The information in this article will help you understand this complex issue.
How to choose a direction for trading?
For a novice investor who decides to start trading on the Moscow Exchange, first and foremost it is recommended that you familiarize yourself with the main areas of trade. Such information will be relevant even for a professional broker, since operations here may differ slightly from those performed, for example, on the New York Stock Exchange. Therefore, if you do not want to invest your money in a hopeless enterprise, carefully read the areas in which this market operates.
In order not to be mistaken with the choice, you can use the services of a professional broker who will explain all aspects of trading for a small fee, and also offer several promising areas for a novice investor. However, if you decide to act on your own, be sure to read the information in the following sections. It may not be as detailed as if you used the services of a broker, but it should be enough to catch the essence.
What the stock market does
Before you start trading on the Moscow Stock Exchange, you need to analyze this market segment in detail and choose the optimal direction for yourself. So, the stock market implies trading in securities:
- exchange-traded investment funds;
- mortgage participation certificates;
- government bonds;
- shares of large companies.
As you can see, the main difference between the Moscow stock market is that it is inextricably linked with state-owned companies and enterprises. For example, here you will not be able to purchase a bond from a private organization, but only a sample issued by the Ministry of Finance.
Where to make money on precious metals
To trade on the Moscow Exchange, you can use the services of the derivatives market. Here, thousands of investors buy and resell futures contracts for sugar, oil and precious metals. Many people mistakenly believe that the value of gold always remains stably high - this is not entirely true. Even on small fluctuations in the cost of one gram of precious metal, you can earn quite good money if you can predict the buying and selling rates on time. This will require an analytical mindset, the ability to analyze even the most insignificant facts, and also constantly develop in the field of trade. After some time of hard work, you can earn a fortune on your own knowledge and ambitions.
The relevance of currency trading in 2019
Another area of the Moscow Exchange, which anyone can trade on, is the foreign exchange market. Hundreds of businessmen from all over Russia are engaged in the purchase of foreign currency with a view to its further resale. The following currency units are usually used as tools for earning:
- American dollar;
- Hong Kong dollar;
- Belorussian rubles;
- Ukrainian hryvnia;
- British pounds
- Euro Euros
- Chinese yuan
- Kazakh tenge.
It is on the basis of trading in the foreign exchange market that the central bank of the Russian Federation daily takes out the official dollar and euro exchange rates, starting from which other banks set prices for buying and selling foreign currency at their stands. Anyone can trade currency on the Moscow Exchange, and this does not require special knowledge.
What are repos
So we got to the last section of the Moscow Exchange - the money market. It carries out various credit operations that allow you to earn good money. Also, various REPO transactions are carried out here - the purchase or sale of a security subject to a return after a certain period. Such actions are carried out so that the buyer can receive dividends from the stock or coupons from the bond, and then return the security to its rightful owner. Such deals make it possible to earn extra money for novice investors who are afraid to take risks by buying their own block of shares or bonds.
How to start earning a newbie on the stock exchange
In order for a beginner to start trading on the Moscow Exchange, he will first need to go to her official website and register as a bidder. Only after that he will have access to various functions of the site, allowing you to earn a good amount of money.
How to register on the Moscow Exchange and trade? You can find out about this from the video below, which describes in detail the details of this procedure and also provides a lot of other useful information.
To register on the Moscow Exchange, go to moex.com. In the upper right corner there will be a "Register" button. We click on it, after which a window appears with three input fields. We indicate a valid e-mail and come up with a strong password. It remains only to confirm the procedure by going to your account in an email and clicking on the link indicated in the letter.
As soon as you complete the registration procedure, go to the appropriate section of the market and start trading. Suppose you want to purchase several shares from Norilsk Nickel. Then you have a direct road to the stock exchange and the "Shares" section. However, experts recommend that a novice investor go through a series of preparatory procedures before moving on to trading on the exchange. In the following sections, you will find some tips for beginners to avoid complete bankruptcy.
Find a good broker
Perhaps this advice can be considered the best, because without a good broker you risk spending your money even if you keep betting on “blue chips” - companies with a minimum risk indicator for the investor (Gazprom, Aeroflot) , Sberbank, Norilsk Nickel and so on). Therefore, find a competent specialist who will be licensed by the Federal Financial Market Service, allowing him to conduct his activities.
Brokers trading on the Moscow Exchange earn huge fortunes, so they are very reluctant to share their accumulated knowledge, and if they do, it is only for money. You can find an assistant in any brokerage firm, which quite often put their ads on social networks and on various sites. The broker's skill level should directly depend on the amount of money that you decide to invest in the purchase of securities or currency. The larger it is, the more experienced broker you need to look for.
Create a demo account
Still wondering how to trade on the Moscow Exchange? For an individual, it will be enough just to register on the organization’s website, as well as install the Quick program, which allows you to deal with many of the intricacies of the broker. In addition, you can create a special demo account in it and track the statistics of transactions. Without such statistics, no trader will be able to competently analyze which enterprises should be invested in and which ones should be avoided. The interface of this program is quite simple and understandable even to a beginner. In addition, it has a training function that allows you to conduct virtual training trades without risking your own funds. Practice it properly before investing in a bond or stock.
Open an account
Once you are confident in your skills, you can start trading on the Moscow Currency Exchange or the stock market. Visit your broker and create a special account from which you and your partner can transfer your accumulated profit. Be calm about the fact that you will be deceived and most of the profit after the successful transaction is transferred to your partner. Such accounts are created on the basis of your contract, so the percentage of payment to the broker cannot exceed the one indicated in the documents. However, carefully draw up a cooperation contract so that it does not have any ambiguities that could be used against you. After creating the account, you will be provided with two electronic keys: open type - for the broker and closed type - for the trader.
Choose a suitable rate
Now you know a lot about whether it is possible to trade on the Moscow Exchange. However, such knowledge may not be enough for a novice trader, especially if he plans to make several successful transactions. For example, if you plan to use the services of a broker, then you will need to choose the best rate for the brokerage company for yourself. It varies depending on the cost, as well as the number of operations that the trader plans to perform.
In addition, many brokerage firms have the service of creating an individual tariff on certain conditions. For example, you can conclude an agreement to conduct only one major transaction. Such a tariff is the most attractive for any trader who uses the help of specialists. You can also limit the maximum amount of commission payments so that your broker does not receive more profit than yourself.
Trading without brokers
If you want to start trading on the Moscow Exchange without a broker, you will need to deposit real money into a demo account. To do this, visit the nearest branch of any bank or transfer money from a card online. It should also be understood that in this case, the trader assumes all risks for possible failures, since the funds are not insured by the brokerage company and may be irretrievably lost. However, this does not mean at all that without a broker you can’t earn at the auction. If you are constantly developing in a certain area and find the optimal mechanism for you to conduct bidding, then soon the income will flow like a river. The most important thing is to study all the subtleties of the trading strategy and train in virtual currency before applying them in practice.
Explore Trading Charts
Each professional trader always has before his eyes a trading schedule of the enterprise in which he invested a certain amount of money. For an ordinary person, such a picture represents several curved lines, and for others - a set of different indicators, each of which can be used in order to earn a fortune. If you learn to correctly read such charts, you can accurately predict the rise or fall of stocks of a particular enterprise. This is what professional brokers use, who sell their services to a private investor. Information and knowledge are two points of the sword of any trader, with the help of which you can cut your way to a bright and rich future.
Conclusion
Unfortunately, the Moscow Exchange is the only option for trading in the Russian segment. Perhaps some conditions may not suit you - however, this is not a reason to enter into questionable transactions without the participation of the exchange. Each client is solely responsible for their money, and no one will reimburse you for losses after an unsuccessful investment. Therefore, if you plan to become a professional trader, study. Search through hundreds of different sources in search of the necessary information, earn several million in virtual trading, hire a professional broker to help you. Only after careful preparation can you start real trading and be sure that your money will not only not be lost, but also pay off after a certain time.