It becomes quite an ordeal when you have 4 separate applications open just to see how your portfolio of assets is performing. Open up a window to see what your tech stocks are up to, hop onto another to execute a quick foreign exchange trade over London session, then possibly a third to see if Crude Oil has crashed to zero and taken your inflation thesis with it. This drains your phone's battery life, hinders your focus, and inevitably results in missed entries.
This is exactly why a single, All-in-One Malaysian Platform to Trade Forex & Capital Markets, hot forex malaysia is finally gaining popularity here locally.
To have all your assets within one single, digital location changes your daily life with managing your money.
Why a Fragmented portfolio breeds poor decisions
Having capital spread across 3 different brokerages, and determining exactly where your overall exposure is has become mental gymnastics to achieve – something comparable to performing high school algebra on a napkin. A sudden surge in the U.S. Dollar impacts Gold, Currencies and International Equities simultaneously, and viewing such correlations in real time on a single interface, prevents over-leveraged trades resulting from an over-emotional investment decision.
Traders in the region had a time wherein clunky interfaces seemed necessary – currency trading applications were to be as complicated as fighter jets and stock trading applications, a glorified spreadsheet. Thankfully, our local infrastructure has now finally caught up to the ever-increasing demand.
Beyond Currency alone
A fully diversified portfolio need not entail opening a new bank account or struggling with quirky international wire fees. The unified interface of a single, combined platform permits immediate capital allocation with every shift in the market environment.
* Global Indicees Exposure: Take a position in the S&P 500 or NASDAQ as the technology boom picks up pace.
* Commodities Trading: Execute a trade in Gold or Crude Oil right next to your hedging in Ringgits without transferring funds from company to company.
* Fractional Shares: Purchase shares of overseas equity at significantly lower price, and with upfront cost in thousands of Ringgits rather than ten thousands.
The advantage of Localised support
Let's call a spade a spade. A charting application may provide the best tools on the face of this planet; however, if its customer support team cannot determine why your FPX bank transfer may be slow at 9:00 PM on a Tuesday, that application is of no use. A platform that has been developed under Malaysian infrastructure is sure to enable deposit gateways that integrate seamlessly with Maybank2u or CIMB Clicks without sending you error codes you never have to worry about. Time spent on researching price action should be spent arguing with a payment gateway.