How to start making money on trading

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20.02.2024
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Trading is an easy way to make money on popular assets. 

You don’t need to invest and wait for growth. You can make money simply by changing the price of an asset — both when it rises and when it falls.

All you need to do is download a trading application and choose the price direction.

What trading app to download?

It is better to trade in an application with a simple interface and with a minimum of buttons. Such an application will be convenient for both a beginner and an experienced trader. 

Movo is exactly such an application.

Movo app and assets

To trade first of all you need to make a deposit. Then do not forget to enter a promo code if you have one. After that, you can open positions.

On the MOVO platform, you have the opportunity to trade:

  • Stocks — world-famous companies: Brazilian oil, Apple, Amazon, Google, Meta, AI companies, Nvidia, etc.
  • Indices. In this category, the most popular indices are the S&P 500 and the Nasdaq 100.
  • Commodities — there are protective assets for more conservative traders: gold, silver, and crude oil.
  • Crypto (BTC, ETH, XRP, and others).

After selecting an asset to trade, click on it and you will be redirected to the “Trade” tab where you will see:

  • Chart — for effective analysis
  • Choose Long or Short buttons, and click — to open a position.

Long or short, what to choose?

Pick an asset and hit Long if you think the price will go up. 

Or select Short if you think the price will fall.

How to increase your deposit in a position?

You can use a multiplier.

Multiplier helps to increase your deposit by 2 or even 30 times. 

In this way, you earn twice:

  1. On your deposit.
  2. On additional funds — on the multiplier.

To use the multiplayer, select its size from 2x to 30x when opening a position.

Suppose a trader wants to buy 100 USD worth of BTC/USDT with a multiplier of 1 in 20х. He deposited 100 USD, then chose a multiplier of 20x and opened a Long position. So the total amount he is trading has grown to 2000 USD.

It’s simple. Try the Movo app and earn on trading! 😉

Download the App

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