How to invest online safely?

How to invest online safely

Between the craze for cryptocurrencies and platforms dedicated to online “trading” (and especially suitable for investment novices), online investment takes different forms. The Internet is a gold mine for finding services or tools. However, when it comes to money, you should make sure you do it on a secure platform to avoid disappointments and scams.

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In just a few years, the dynamics of the trading online has grown by leaps and bounds. The reduction or even the disappearance of commissions and fees are partly responsible for this success. Additionally, tools forartificial intelligence or educational resources also allow beginners to invest without the advice of traders professionals.

The promises of investing on the Internet

The objectives of investing on the Internet are multiple:

  • more attractive remuneration on traditional savings books;
  • faster performance;
  • a strategy appropriate to the profile of the investor since it is possible to adapt the investment proposals according to the desired level of risk.

Whatever the reason for placing savings on online platforms in order to reap gains, this should not make us forget that these strategies do not guarantee any capital and that they can even cause you to lose money by case of poor speculation or a drop in the stock market price. And this expanded and democratized access to the stock market is not without its drawbacks…

The danger of social media and influence

Even if 97% of French people take into account the risk of scam on the Internet (according to a BVA survey for the Financial Markets Authority), this awareness has not allowed the scams to be eradicated. One of the scourges of these scams takes place on social media where influencers share tricks to place money and earn big profits from it.

“Good plans” on the front, disguised advertising in the background. The problem ? These influencers are followed by thousands of young traders who have little or no money management experience. The lure of profit and the promise of a shimmering way of life make them prime targets… In this regard, the Autorité des marchés financiers (AMF) is carrying out committed and preventive actions to combat this worrying phenomenon.

What are the most serious platforms?

Before depositing your capital on the online investing sitesit is better to do some research beforehand.

  • Shares on the stock market: provided you monitor the news because this very fluctuating market is intrinsically linked to events around the world.
  • Stock portfolios like on eToro which is a broker offering both competitive rates and free training to learn the most important notions in investment. The major advantage of this platform is the possibility of “copying” the strategies put in place by traders more experienced in order to benefit from their knowledge.
  • The cryptocurrencies are always in vogue. Once again, eToro stands out for its platform ofexchanges which offers the opportunity to speculate on the price of many virtual currencies.

For greater caution, we recommend that you consult the blacklists made available by the AMF in order to eliminate from your potential selection risky sites, without licenses or which have already been the subject of convictions.

One last piece of advice: diversifying assets and making several investments will allow you to cushion losses in the event of difficulties or a sudden drop in the market…

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