Online trading in Australia

With Australia Day this last Monday there was no trading online in Australia, on the close of business on January 27th the highest performers in the sector was liquefied natural gas shares, Mount Gibson Iron and Paladin Energy.

The worst performers: Lynas Corporation Australia specializing in rare earth oxides has a goal of zero harm and sustainable development has fallen to five cents a share taking a look at the 2014 financial year report it would seem optimistic in that the company has secured low-cost funding with the restructure of the JARE debt facility, received the FOSL for the LAMP was granted, and new management structure.

With the decline in prices of NdPr and SEG and current uncertainty in Chinese government policy on export of rare earth mineral contracts it may only be a matter of time before China forces Lynas Corporation to close their doors for good.

The Australian market commodities may be going down in price but the banks in Australia are doing quite well with a 0.2 to 0.8% increase in prices. Using online traders such as Forex trading, Ratecity, trade smart, and CMC markets offer a wide variety of options for trading in the Australian stock market. With most sites offering free accounts, various platforms, and tools it is easy to track your investments with the click of the button. With peak times for trading when the Asian markets with Australia and New Zealand, the European markets, and the US markets opening all at the same time allows for foreign exchange with Australia to provide much higher return. Another great thing about trading with Australia is that majority of Forex brokers in Australia do not require commission and often having low spreads. Some Forex regulator companies support Australian investments are:

• Commodity Futures Trading Commission (CFTC)
• Australian Securities and Investments Commission (ASIC)
• National Futures Association (NFA)
• Canadian Investor Protection Fund (CIPF)
• Swiss federal Department of Finance (FDF)
• Escalade Incorporated (ESCA)
• Cyprus Securities and Exchange Commission (CySEC)
• German Federal Labour Market Authority (BaFin)
• International Financial Services Centre (IFSC)
• The Financial Futures Association of Japan

Ensuring your Forex broker is regulated by the above regulators eliminates the possibility of being ripped off, underhanded transactions, and scams. After choosing a broker setting up a portfolio is relatively simple and can be done online via PC, tablet, or other mobile device. With applications for your mobile devices allowing you to keep track of the various trades in your portfolio that allows for quick response times and up-to-date news from around the world. Majority of the applications are easy to navigate and have settings to notify any changes to stock in the portfolio, some even allow you to track stocks that your considering of investing in.

Some of the markets in Australia like the housing market and banking market are doing very well providing great opportunity for portfolio growth. While there is no sure proof way to increase a person’s portfolio looking at online trading guides such as the one provided at Ratecity online along with other reputable sites can help you navigate the global trade market particularly in Australia