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Myths of trading FX CFD
What is the one of most crucial things that you need to do before travelling overseas? Visiting the money exchanger to convert SGD to the local country’s currency! This is also known as Forex, or Foreign Exchange. In layman terms, Forex trading is the exchange of one currency for another at a predetermined exchange rate.

There are a myriad of reasons why Forex trading is so popular globally. The forex market is open 24 hours a day, 5 days a week, and is the world’s largest market in terms of daily transactional volume. These 2 factors make forex trading extremely accessible and liquid, providing a liquidity of around 20-25 times of the equity market.

However, there are many myths and misconceptions surrounding Forex trading. Do you need to stay up all night since the FX market is open round-the-clock? What are some of the essential tools you need for FX trading? How can you gain access to the underlying Forex pair?

Come join us for our webinar as we discuss on the myths as well as the fundamental details on trading FX CFD!

Topics include:
-Myths of Forex
-Why trade FX CFD?
- Introduction to FX CFD
-FX Fundamental Analysis
-Trading Discipline
-What CFD offers?

Please note that by providing your personal data to register for this event, you give consent to (Phillip Securities Pte Ltd("PSPL")), its employees and agents, and/or third-party service providers (whether in or out of Singapore) to collect, use, and/or disclose your personal data for the following purposes:
1. To administer your participation in the event;
2. To send information and/or updates by post, email, text messages or social media about our events or those of third parties that we think may interest you.
You also acknowledge that photography and videography may be taken during the event, and you give consent to PSPL to collect, use and/or disclose your photograph, voice, likeness and image in any broadcasts of this event for marketing, advertising, and/or administrative purposes.

Aug 15, 2020 11:00 AM in Singapore

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Mike Ong Yao Heng
Dealer, Contract for Differences @Phillip Securities Pte Ltd
Mike is a member of the largest dealing team that specialises in Equities, ETFs, CFDs & Bonds and the team manages >50,000 client accounts in Phillip Securities. He evaluates stocks using fundamentals and he believes in investing long-term for passive income. He is currently the chief editor of the HQ education series that aim to equip clients with tools & skillsets to make better investing and trading decisions.