People prefer synthetic pairs (like synthetic indices or synthetic assets) over currency pairs for a few reasons.
1. 24/7 Market: Unlike currency pairs, which have specific trading hours, synthetic pairs are available around the clock, allowing more flexibility.
2. Less Market Manipulation: Synthetic markets are not affected by news or events the same way traditional forex pairs are, offering a more controlled trading environment.
3. Consistent Volatility: Synthetic pairs often offer consistent, predictable volatility, which can be easier for traders to analyze and trade.
4. No Market Gaps: There are no gaps between trading sessions, so traders don’t have to worry about sudden price jumps due to overnight news or events.
I dont feel comfortable trading Synthetics cos it has no fundamentals. Correct me if i'm wrong. But i feel like its being manipulated by one or two persons out, and your capital could legit disappear one day.
People prefer synthetic pairs (like synthetic indices or synthetic assets) over currency pairs for a few reasons.
1. 24/7 Market: Unlike currency pairs, which have specific trading hours, synthetic pairs are available around the clock, allowing more flexibility.
2. Less Market Manipulation: Synthetic markets are not affected by news or events the same way traditional forex pairs are, offering a more controlled trading environment.
3. Consistent Volatility: Synthetic pairs often offer consistent, predictable volatility, which can be easier for traders to analyze and trade.
4. No Market Gaps: There are no gaps between trading sessions, so traders don’t have to worry about sudden price jumps due to overnight news or events.
It's not affected by economic news
I dont feel comfortable trading Synthetics cos it has no fundamentals. Correct me if i'm wrong. But i feel like its being manipulated by one or two persons out, and your capital could legit disappear one day.
what make synthetics so great is the fact that it obeys price action.
Synthetics are traded 24/7, and they don't react to news.
Compared to Currency, synthetics is not often manipulated, and its not influenced by alot of external bodies.