For beginners, trading often seems complicated and incomprehensible. But we dispel this myth with MOVO. It is easier than you might think to start trading various financial instruments.
Beginning of the journey
First, download the free MOVO app from the official Google Play store. After that, you need to register. You need to:
- Create a unique login
- Write an e-mail
- Create a password that is as secure as possible (we recommend using a password with more than 8 characters, capital letters, numbers, and symbols).
- Accept User Agreement and Privacy Policy
- We also recommend you subscribe to our newsletter.
- Then click on the Sign-Up button
- Confirm your e-mail and phone number
That completes the registration. And it only took a couple of minutes!
The MOVO team strongly recommends verification, as it is:
- Helps keep your account secure
- Allows you to fight fraud more effectively
All your photos are securely encrypted, so your information is private. Verification will not take long, and we will confirm the info in a short time.
Trading
After depositing, the world of financial instruments opens up to you. On the MOVO platform, you have the opportunity to trade:
- Cryptocurrencies — we have the most reliable and desirable cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Cardano, Solana, and others.
- Stocks — world-famous companies: Brazilian oil, Apple, Amazon, Google, Meta and many others.
- 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.
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
- Buy Long” and “Sell Short” buttons — to open a position
- Details — where information about the asset is displayed
How to adjust the order?
After the choice of the order, it is important to adjust it:
- If you choose a Pending order, you need to write the entry price at which you wish to buy or sell the asset. If you open a market order, the position will open at the current market price.
- In the column Investment, enter the amount of personal investment that will be used to open the position or enter the amount of the asset for which you wish to open a position in the column Quantity.
- Next, you will need to select the optimal Multiplier. For example, 2x will double the total investment in that asset in the order, and 3x will triple it. To use a Multiplier greater than 10x, click on 10x. After that, an option to increase it will appear.
- Next, to limit the possible loss and automatic fixing of profits it is recommended to configure Take Profit and Stop Loss limit orders.
Upon completion of the settings, press Buy Long or Sell Short, and a position will be opened. The entire process takes no more than 20 seconds.
After that, the profit will not wait long 😉
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