SuperForex unveiled the best trades of Q1 2024
Broker SuperForex has analyzed the best trades of Q1 2024, which brought the highest profit.
The broker noted that the rating is led by trades with cryptocurrencies, in particular with Bitcoins.
The first place in the rating is occupied by the cryptocurrency BTC/USD. By buying Bitcoin on the first trading day of the first quarter, traders got a better price, as Bitcoin was worth $42,965 on January 1 and could be sold for $70,264 at the end of the quarter. By investing $15,000, it was possible to increase the investment by 468.42%.
The second place in the ranking is occupied by CFD trades, namely BAE-SYSTEMS. In just 3 months of the first quarter, the shares of the British defense company BAE SYSTEMS grew by 20%. The shares bought at the beginning of the year were sold at the end of the first quarter for a record price of $1,349. With an investment of $11,500, it was possible to get $23,000 in profit from each lot in 3 months, which is twice as much for each purchased share.
The third place in the rating is occupied by the GBP/JPY currency pair. Having invested only $400, traders managed to make $7,645 from each lot in just 3 months. As in the case of Bitcoin, the best price to enter the market was on the first trading day of 2024.
The broker points out that it is best to open trades at the beginning of the second quarter in order to maximize profits.
SuperForex offers ECN and STP accounts with access to the following markets: currency pairs, cryptocurrencies, stocks, indices, oil, and precious metals. The broker's clients have access to 11 live accounts, 2312 financial instruments, and leverage up to 1:3000.