Why do you need an online broker? This is the first question you will ask when you decide to trade and discover that you have to find a broker. The broker provides you with the trading platform you use for executing transactions and so you need to make an account with one and get started. Then, why are there so many brokers in the market? Don’t they all offer the same features and services that are helpful in your trading journey? The fact is that not all features are common amongst brokers and not all of them can be relied upon.
Some brokers specialize in a specific asset while others prefer to cater to a particular class of traders. These are only some of the ways brokers can differ. Therefore, you have to do some research and consider your options before you sign up with one. Amongst the many names, you will notice that CryptoCurrency Broker has earned quite a name for itself. In its nine years of existence, the broker has become a favorite of many traders worldwide and is known for providing some great options to its clientele. Not only do they have great trading conditions, platforms and assets, there are some features you will find at CryptoCurrency Broker that haven’t been introduced by others as yet.
Let’s start with the basics and then see the rest:
- The versatile trading platform
The trading platform that a broker has to offer can have a big impact on the kind of experience you have. If the platform is too difficult to use, it will become stressful to trade and will result in a poor performance. A good platform, on the other hand, can give a seamless and enjoyable experience, leading to successful trades. Brokers these days are offering different platforms, but not every platform is appealing. Kudos to CryptoCurrency Broker that they have kept simplicity and ease of mind when developing their trading platform.
They give you two options when it comes to trading platform; a web-based one and a mobile based one. The former allows you to trade from anywhere and at any time, as long as you have access to a web browser and an internet connection and enjoy a uniform trading experience. Everything is just a click away and all tools, such as trading signals, price alerts, advanced charts and more are easily accessible. You can execute trades quickly and see them reflected in real time. No download or installation is required for this trading platform and you don’t have to worry about its maintenance and security updates.
As for the mobile platform, it is available for Android and iOS devices and is just as responsive and versatile as the web-based one. It is designed to support trading on the go and has a quick and responsive interface that lets you do exactly that.
- The wide array of trading instruments
In this aspect, CryptoCurrency Broker has managed to earn the top position because its offerings are diverse and extensive, something that not many brokers can match easily. Most people don’t like putting all their eggs in one basket and so they often spread out investment in multiple assets. This is not just a great way to diversify and reduce your risks, but also allows you to use hedging techniques. The beauty of these techniques is that they let you balance your investment. Even if one asset goes down, you can benefit from another going up.
This can only be done when a broker lets you invest in various assets and CryptoCurrency Broker is right up your alley in this regard. There are thousands of assets to choose one and they belong to a number of financial markets all over the world. If one asset doesn’t appeal to you, it is possible to find ten that do. If you want to trade currency pairs, you can find major, minor and even rare ones to choose from. You can trade stocks of leading companies around the globe or buy soft commodities if you want. Precious metals and indices are also some of the options you will discover.
If that’s not enough, CryptoCurrency Broker has gone one step forward and also added cryptocurrencies to its arsenal. This is a relatively new trading instrument that has taken over the market and not many brokers are offering them due to their volatility. Even if they do, most don’t go past Bitcoin. CrytpoCurrency Broker, in contrast, has provided plenty of choice in this regard. Other than the pioneer cryptocurrency, you can trade Ripple, Litecoin, Dash, Ethereum and many more.
- The easy sign up process
Depending on the broker, opening an account can be a challenging process. There are requirements that have to be fulfilled, forms to be filled and documents to be submitted, which can take up a lot of time. When you want to start trading immediately, the long process can be frustrating. In response, CryptoCurrency Broker has kept the formalities at the minimum. You only have to share some basic information for the sign up process. As for document submission, it is required for account verification to ensure only legitimate people are making an account. It is in accordance with the KYC (Know Your Customer) policy, which asks for proof of ID and proof of address for the safety of clients.
- The multiple account options
When you are signing up with a broker, you are also required to choose a trading account. Every broker has a couple of options and the deposit requirements and features offered for each are different. This is due to the fact that the accounts are designed to cater to traders of varying background and skill levels. For instance, the basic account is for the beginner trader and so comes with a small minimum deposit requirement of EUR 500. The good thing about CryptoCurrency Broker is that they have provided a total of six choices and this gives a trader more room and flexibility.
As mentioned above, there is the basic account and there are five more options, which are Silver, Gold, Platinum, Diamond and Millioner, respectively. Every new account opens up new features for the traders because it is in accordance with skill level and trading experience. It should be noted that the minimum deposit starts at EUR 500 for the first and basic account and reaches as high as EUR 1,000,000 for the Millioner Account. The loyalty bonus given to traders and the insurance available also continues to increase. Some features are consistent in all account types like trading education, customer support and trading signals.
Some features are specific to account types, such as senior account managers, webinars, invitation to VIP events and more. In addition, the leverage available for every account will also vary, again according to the risk tolerance of traders. There is also the option of a demo account you can explore if you believe you need some practice before getting started with the actual account. It is used with virtual money so you are not putting your investment at risk in any way. You can choose an actual account after you have built-up some confidence.
- The various trading tools
These tools are provided for the sole purpose of assisting traders so they are able to make well-informed and smart decisions that keep their losses at a minimum. CryptoCurrency broker has incorporated powerful and innovative trading tools in their platform for this purpose and you can use them for maximizing your profits. There are trading signals given that tell you when to open or close a position.
You can also get market analysis and review on a daily basis and this can help you predict the future movements of your chosen asset. An economic calendar is also made available that highlights important events and occurrences that can impact the market and your trades. Advanced charts help you in tracking trends so you can plan your future trades. With so many tools at your disposal, you are less likely to make mistakes.
- The thorough and extensive education center
Trading education can make a big difference in how successful the trader is. It is possible to start with little or no knowledge, but you will not be able to last for long this way. Hence, it is imperative that you polish your education in regard to trading, so you can understand how markets work and the strategies that can be used. CryptoCurrency Broker has developed a complete education center where every trader can find extensive, in-depth and thorough material for their training and use. You can use the videos, e-books and the tutorials to learn how to trade consistently and profitably.
There are also webinars that you can attend, which are conducted by market experts and they give you the opportunity of talking to professionals, asking questions and having discussions. You can learn advanced strategies and tricks that can turn you from an amateur into a pro in no time at all. CryptoCurrency Broker even gives you access to an experienced consultant who can guide you regarding the most lucrative opportunities available and how to keep mistakes at a minimum.
- The tight spreads and the big leverages
Brokers usually make their profits in one of two ways; through commission or spreads. The former is not well-liked because it can eat up a significant portion of your earning. With the latter, it can vary because every broker offers different spreads. It is basically the difference in buy and sell prices, which goes to the broker when you make a transaction. CryptoCurrency broker has chosen to forgo the idea of commission in favor of spreads, which is a good thing. But, it is even better to know that they offer some of the tightest spreads in the industry.
What does this mean? This means that they keep the difference very small so you get to take home most of the profits and have to share very little. Next is leverage, which refers to the money the broker contributes in every trade you make. CryptoCurrency Broker offers leverage of about 1:200, which means that for every dollar you invest, the broker adds $200 to the trade. This means that if the trade is profitable, you can earn a lot of profits without having to invest a lot of money.
- The top-notch customer support
How a broker treats its customers speaks volumes about its integrity and priorities. Here again, CryptoCurrency Broker has excelled by offering top-notch customer support to traders who sign up on its platform. It recognizes the need for immediate assistance and has given several channels to its clients for getting in touch. You can opt for a method, depending on how urgent your request is. There is the option of a web-contact form and an email. You can also use the live chat feature available or get in touch via phone. The broker has also created a huge FAQ section where it aims to answer as many questions as possible to help save time.
- The tough security measures
CryptoCurrency Broker makes absolutely no compromises where security of traders is concerned because it is aware of the threats and risks that pervade the market in today’s environment. Segregation of accounts is the rule to keep traders’ money separate from the brokerage and so no misappropriation is possible. AML (Anti-Money Laundering) policy is also in effect so there is no illegal money laundering via the broker. All information that’s shared with the broker is protected by 256-bit encryption and SSL protocols are also tight and strict for keeping everything under wraps. The chances of your data being compromised are very low and so you can trade with peace of mind.
CryptoCurrency Broker has paid attention to every single aspect that makes a brokerage great in today’s competitive market and this has made it the ultimate choice for any and every trader to have a successful and seamless trading experience.