With a multitude of brokers operating in the market, it can be a challenge to choose one you will use in the long run. How will you make that decision? Every name you come across is going to talk up their services to convince you to sign up. It can be very easy to take them at their word and register with them, but if they are misleading you, it can be a recipe for disaster.
They could be a scam brokerage, only interested in stealing your money, or your information. They could be a shady platform that has hefty commissions and trading fees and can eat up all your investment. Rather than making a random choice, you should look closely at a broker and figure out the reasons to use their services. If they seem convincing enough, you can opt for them.
This is what you should do in the case of Eurocoinix, which is operating in numerous countries around the world and has expanded within a very short span of time. They have even managed to get several awards, but this Eurocoinix review will tell you why you should consider them:
First Reason: Their diverse asset offerings
It doesn’t matter whether you want to supplement your income, save for a specific goal, or want to make a career out of it; the purpose of trading in the financial markets is to make money. You have to trade financial instruments in order to do so, but not every instrument can offer the same level of returns.
Some are more volatile than others, so they have bigger and more frequent movements. You would obviously want to have access to the most profitable in order to achieve your goals quickly, but the options can vary from broker to broker.
The diverse asset offerings that you will find on Eurocoinix is the first reason to consider using their services. They have given their clients access to the leading global financial markets and the top assets in each of them.
There are a number of forex currency pairs, stocks of some of the top companies in the world, lucrative indices and a wide range of commodities. They have also added cryptocurrencies to their asset offerings as well. This leaves plenty of room for diversification, which can reduce your risks and give your profits a boost.
Second Reason: Their easy-to-use trading platform
The feature that you use the most when you sign up with a broker is their trading platform. It is the software connecting you to the financial markets and helps in executing trades. If the platform is too complex or lacking in any way, you are going to find it difficult to trade. Therefore, it can often affect a trader’s decision when choosing a brokerage.
The fact that Eurocoinix has come up with an easy-to-use trading platform is certainly appealing. They cater to traders of all backgrounds on their platform, so they have developed a powerful yet intuitive platform that can be used by all.
The first thing to know about Eurocoinix’s platform is that it saves you from the hassle of downloading and installation, as it is a web-based platform. You can access it via the browser, so it can be used on any device that you have handy, giving you the freedom to trade from anywhere and anytime.
Plus, the platform also offers superior trade execution and tight spreads. You will also find that it has been integrated with top-notch trading tools, including price alerts, trading signals, market analysis, and market calendar and advanced charting package.
Third Reason: Their accommodating account options
When you are entering the financial markets to trade, you want to be able to do it comfortably. But, this will depend a great deal on the account options provided by a broker. These accounts are created for accommodating people with varying trading styles, budget and risk appetite.
However, every platform has their own options and not all of them are created equal. They can be quite limiting as well and many people find this out later. Fortunately, the account options created by Eurocoinix are very accommodating and have been designed to provide traders with suitable option.
You will come across a total of four options added by Eurocoinix, the options starting with Basic account for beginners and newbies. The Silver account is for intermediate traders, while the Gold is for advanced and skilled ones. The last account is named Platinum and it is aimed at professional and expert traders. The trading conditions and features provided in each account vary. Leverage starts at 1:50 for the Basic account and increases to 1:100, 1:200 and 1:400 for every account, respectively.
As far as features are concerned, customer support is offered in all account options, but others like daily market reviews, one-on-one educational course, trading alerts, free monthly webinars and events analysis are provided in certain accounts. Different minimum deposit requirements have been imposed by Eurocoinix for each account for facilitating traders. The lowest deposit needed is €250 for the Basic account, whereas the highest is for the Platinum account at €100,000.
Fourth Reason: Their top-notch security
If you have to pick just one reason for signing up with a broker, it should be the security they provide. As cybersecurity concerns have risen, only good brokers have taken steps to provide their clients with secure conditions. You will find Eurocoinix to be very thorough here because they have protected your information via advanced encryption and your funds through client account segregation.
In fact, they have also gone on to comply with the AML and KYC policies, which are known as Anti-Money Laundering and Know-Your-Customer, respectively. These are quite effective in keeping cybercriminals away from the platform and mitigate the risk of financial fraud, terrorism financing, money laundering and identity theft.
Some other reasons to register with Eurocoinix include their reliable customer support, educational resources and excellent trading conditions. They indicate that you can have a seamless trading experience with this platform in the long run.