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As a true ECN broker, OspreyFX aggregate liquidity from different global providers, which they directly provide to their clients, ensuring competitive spreads and fast execution, devoid of slippage, and staying away from re-quotes and rate manipulation. Though not a regulated broker, OspreyFX can boast of the added legitimacy they receive by the fact that they aggregate liquidity from multiple well-known and trusted providers, such as Lmax, Charter Prime, and Bitfinex.
Buy the dip is a basic investment strategy. It doesn’t mean go all in while an asset is going down, but average in as it is in a downward trend and/or buy after it settles. This strategy is much safer to use in a bull market, where the general trend is up or sideways. The concept is the same, that is, aiming to buy low. The logic behind this is that it’s a better tactic than waiting until prices are high and then exposing yourself to sell low.
OspreyFX will be keeping you updated with the latest COVID-19 news and information.
For new traders, now is the perfect time to learn more about the industry while for those who can’t work remotely, it’s the perfect opportunity to start a new career. Indeed, online trading opportunities are not limited by the outbreak but on the contrary, proof that the technology is here to stay.
The past 6-8weeks can only be described as a rollercoaster in terms of market events. As we have mentioned previously, trading is still a profitable endeavour during crises. Indeed, traders can rest assured that their money can still be put to work. Here are OspreyFX’s top recommendations based on the current market situation.
