After 2 months of using the latest IG trading platform, Yasmine Khater, founder of VSStory, has explored the key features as well as the various investment products that IG has to offer. With a demo account, Yasmine kick-started her trading journey and traded like she’s never done before.
While her personal investment strategy has changed for the better ever since #SavvyUpTogether, trying out the new IG trading platform had become a significant stepping stone to her road to financial happiness.
Yasmine shares her thoughts on the reasons to trade with IG and how she face the challenges along the way.
The New Savvy (TNS): In your own opinion, what is the difference between trading and investing?
Yasmine: The difference to me between trading and investing is that investing is looking for more of a long-term commitment whereas trading requires a continuous and diligent following of the markets.
I personally believe that with trading, attaining your financial goals will be a journey that you will never forget.
The New Savvy (TNS): How does your portfolio fare to-date?
Yasmine: My portfolio is down by 4%, but this could be due to the markets which are currently down. As an investor, the markets are unpredictable, however, I was able to expect the decrease in my portfolio.
I am not stubbed by that because I am looking at companies that have long-term potential. So before I put my money in anything, I make sure to do my research and analyse the companies deliberately.
Besides, now I have the IG demo account to test out anything while never worrying about my losses!
The New Savvy (TNS): Any tips for people who are keen to start out trading for the first time?
Yasmine: I think that if you do not really know much about trading or have a background in finance. A safe way to ease into the world of trading is to trade into ETFs – Exchange Traded Funds where they track the performance of other investment instruments as well as indices such as S&P 500 or Straits Times Index (STI).
The New Savvy (TNS): CFDs can be quite risky, were you able to mitigate your losses?
They are risky but the key is to be able to understand the product and manage the risks. I am currently exploring my options on the IG platform as it offers a unique feature called guaranteed stops which will always close out at exactly the price you specified so you mitigate your losses.
The New Savvy (TNS): Any key takeaways from using the IG trading platform?
Yasmine: As mentioned in the previous review, I like how it’s similar to having a massive Google search engine but with lots of tabs in the same category. Additionally, I also like the pop up of market information which I find to be very interesting.
The New Savvy (TNS): What do you think you have gained from using the platform?
Yasmine: I was able to expand my knowledge on the various investment products available in the market; Learning more about those that I already knew and discovering products I never even heard of. I have been trading for a while but trying out the IG platform has offered me something new for a change.
IG’s education modules from their dedicated education page called IG Academy are also very helpful in giving me useful insights into the market which helps me decide on how I trade.
The New Savvy (TNS): Would you recommend using the IG Asia to your friends and family? Why or why not?
Yasmine: Yes, I would recommend it to my friends who are keen to try out trading for the first time. I think that it’s a user-friendly platform packed with a lot of useful information to help newbies like me. On top of that, the demo account is well-suited for curious minds who want to experiment and learn about the market without putting their money in the game first.
Based on my own experience, the $200,000 free virtual credits definitely made me bolder and riskier with some of my trades on my IG demo account.
As I’ve said before, I believe that a diverse financial portfolio represents freedom, flexibility and security. IG’s trading platform was able to offer me the possibility of doing trading within these investment values of mine. For that, I am truly grateful to have this opportunity and I can’t wait to tell all my friends!
Yasmine enjoyed her time testing out the new platform, and maybe you can too! Sign up for a demo account now and enjoy $200,000 free virtual credits to kickstart your trading journey!
|About Yasmine Khater||About IG Asia|
|A business and marketing strategist, psychologist, and TEDx speaker, it comes as no surprise that Yasmine Khater was named one of Cosmopolitan Magazine’s “Fun Fearless Females” and won the “World of Difference Award” from the International Alliance of Women
She now works as Strategy lead at VSStory, a company she co-founded to help visionary companies or “empire builders” get more visibility by crafting compelling stories to inspire both employees and customers.
|Founded in 1974 as the first company of their kind, IG Asia has been at the forefront of the industry ever since. They serve clients all over the world, from sales offices in 15 countries.
1Based on revenue excluding FX (published financial statements, February 2018
This article was sponsored by IG, the world’s No.1 CFD provider (by revenue excluding FX, February 2018). All views, opinions, and recommendations expressed in the article are the independent opinion of The New Savvy and do not in any way reflect the views, opinions, endorsements or recommendations, of IG Asia Pte Ltd (Co. Reg. No. 20051002K) (“IG”). Information is for educational purposes only and does not constitute any form of investment advice nor an offer or solicitation to invest in any financial instrument. IG provides an execution-only service. The information provided in the article does not take into account the specific investment objectives, financial situation, or particular needs of any person. Where in doubt, you should seek advice from an independent financial adviser separately regarding the suitability of the investment, under a separate engagement, as you deem fit. No responsibility is accepted by IG for any loss or damage arising in any way (including due to negligence) from anyone acting or refraining from acting as a result of this information or material. All forms of investments carry risks and may not be suitable for everyone and can result in losses that exceed deposits. Please ensure that you fully understand the risks and costs associated with trading CFDs.
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