Financial Market (AEC209):

Step by Step Approach on

How to Invest your P10,000
LANORIA, FRANCEZ F. – Bachelor of Science in Accountancy
WF36- Professor Planas
 How to Invest your P10,000 in the Money
Markets (Forint- Hungarian Currency)
 Pick a Broker: First is you need to pick a broker. They are the authorized intermediaries
to trade financial assets on the stock exchange in Hungary. Here are some of the best
international brokers in Hungary: Degiro, Etoro, Plus500, and Avatrade.
 Open a Trading Account with a local broker: Only requirement is for one to be of
legal age and is a resident. Access to investment platforms will be provided to you, for
you t o be able to send purchases and sale orders to the stock exchange central system.
 Choose the Financial Asset to Invest in: Decide whether to invest in shares, sovereign
bonds, or corporate bonds.
 Send a buy order through the broker: Submit a purchase order for a financial asset.
 The financial transaction is effective when the buy and sell prices match: The
trade will be executed if the bidding price of a financial asset coincides with the asking
price.
 The brokers will make payments in your name, and then deliver transaction amount to
the buyer/seller.
 You become the legal owner of the asset! Transaction Notification and Charges
fees: it will be issued by your broker. There’s no fixed fee, that’s why you should choose
a broker that can better adapt to your investment strategy
How to Invest your P10,000 in Forex Markets
(Forint- Hungarian Currency)
 Web connection: When it is time to execute a strategy, you must have a latency-free connection to
the internet. Timing in forex is essential, as is the connection you have to your banking institution
and trading interface.
 Broker connection: The BDL keeps official records of regulated brokers. Don’t take a broker’s word
on accreditation. If a broker refuses to talk about which entity regulates it, either stateside or
offshore, your best bet is to move to another broker immediately. Individual investors must be
careful here.
 Bank connection: Reputable brokers also have a good connection with regulated banking
institutions. Connecting your bank to your broker should be a fairly straightforward process. Forex
traders must be more concerned about security than normal simply because you will be trading
online.
 Funding connection: Fund your investment account through your bank-broker connection. Make
sure that you choose a broker that provides easy access to your money when you are ready to
withdraw.
 Interface connection: Choose between the trading interface of your broker or industry-standard
choices like MetaTrader. Make sure the interface does not add to the latency of your chain.
 Beginning to invest. Now that you have your infrastructure in place, you are ready to begin
investing safely in the forex market. Market participants should start slow and endeavor to create a
trading strategy.
How do you make a profit in Money Market?

 Including other deposit accounts, like savings accounts, money

market accounts function similarly.
 Customers who open a money market account receive interest on
the money they deposit.
 Money market account interest is typically compounded daily 
and paid monthly.
 How do you make a profit in Forex
Market?
 If a trader employs the EUR/USD currency pair, leverage of 1:100, and an
effective aggressive approach in 2022, he may expect to make roughly $100 per
day trading Forex with success.
 The more you deposit, the more money you'll make.
 How to Monitor Exchange rates?

 In can be monitored through an  Here is an Android version of the My

Application.
 My Currency Converter – Quick
Currency Converter App for Android.
Currency Converter app, which is quite
identical to the iOS version we just
discussed. It is quite helpful while
traveling or making online purchases as
it displays currency rates for 130
different currencies. The app is
completely free and offline-compatible.
Difference between Money Market and Forex
Market
 High levels of security and generally modest rates of return are provided by the money
market.
 An enormous worldwide market that presents opportunity but also carries danger
 is the foreign exchange market.
 Depending on your financial needs and objectives, you can decide whether to inve
st or trade in either market.
THANK YOU! 