I?ve been seeing a lot of talk about TradFi on CT and CMC, so let?s discuss it.
TradFi platforms are like all-in-one trading apps. You can trade stocks, crypto, commodities, indices, and more in one place. This makes trading different assets much easier since you don?t need multiple apps.
So how do TradFi platforms like Bitget and Kraken differ from traditional brokers?
Fees are a big reason. TradFi platforms usually have lower fees, tighter spreads, and higher leverage (up to 500x). Account verification takes only a few minutes, and funding is fast. Traditional brokers, on the other hand, often have slower funding, more rules, higher costs, and issues when trading across different markets.
I compared the spreads on TradFi platforms with those of traditional brokers, and the difference was clear. This made me wonder?are TradFi platforms now the better choice for FX traders?.I?ve been seeing a lot of talk about TradFi on CT and CMC, so let?s discuss it.
TradFi platforms are like all-in-one trading apps. You can trade stocks, crypto, commodities, indices, and more in one place. This makes trading different assets much easier since you don?t need multiple apps.
So how do TradFi platforms like Bitget and Kraken differ from traditional brokers?
Fees are a big reason. TradFi platforms usually have lower fees, tighter spreads, and higher leverage (up to 500x). Account verification takes only a few minutes, and funding is fast. Traditional brokers, on the other hand, often have slower funding, more rules, higher costs, and issues when trading across different markets.
I compared the spreads on TradFi platforms with those of traditional brokers, and the difference was clear. This made me wonder?are TradFi platforms now the better choice for FX traders?.
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/future-of-fx-trading-will-tradfi-platforms-replace-traditional-brokers/4925/
