Thinking of trading SNAPCHAT?
- 1. As we have seen with other Social Media Networks such as Linkedin, acquisitions by a big tech player might be the solution to the company. It is possible that many disappointed investors are waiting for a potential acquisition. Back in 2013 Facebook made an offer to Snapchat for the sum of $3 billion. 2. As with many declining stocks, CFD trading is always a great opportunity. You do not need to wait for favourable news or acquisitions to push the price up, but you can make the most of a company's bad situation.
Trading CFDs involves significant risk of loss
How would you like to trade SNAPCHAT?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade SNAPCHAT with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. In the second quarter of 2018, Snapchat suffered a loss of $353 million. Despite the bad news, Saudi prince Al-Waleed invested $250 million in exchange for a 2. 3% stake in Snap Inc. Even though the company has not successfully monetized their app, investors should keep a look out for external investments, as this could power up the company and make their shares spike up. 2. With such powerful competitors such as Alphabet (Google), Baidu and Facebook, Snapchat is facing a very grimm future. They have the user base (declining over the years), but not real solid revenue source. Snapchat is trying to innovate with their ad system, but unless a big tech player acquires them, it does not look like they have much room for growth.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'