If you are interested in trading cryptocurrencies, then you should keep in mind that it is a must for you to be affiliated with a platform. Either broker or an exchange. GTlot is a broker that is offering its services in the world of crypto. In this GTlot review, we are going to look into the platform and see what it offers.
Let us start with the history of cryptocurrencies. This concept of digital currency started back in 2009 when the first-ever cryptocurrency known as Bitcoin was introduced to the market. There were a lot of hard times during the journey of Bitcoin, but it was all for good. There were a lot of traders who thought that this currency doesn’t have any future and will fail in the market. But no one could imagine that Bitcoin, which started from the price of a few pennies, will reach an ATH of $60,000. This is the reason why most of the traders have shown their interest in this currency, and it paved new opportunities for the market of cryptocurrency.
Have you ever heard of Altcoins? These are coins other than Bitcoin, which is proof that the market of cryptocurrency is gaining popularity, and soon, the world will be dominated by cryptocurrencies. Still, the market of cryptocurrencies is going through its development stage, and new platforms are stepping into this market to give a tough time to the already existing platforms. This is the reason why platforms like GTlot, which have recently joined the market, are becoming so popular now.
But before we dive into the platform, let us discuss why it is important to choose your broker wisely? As we have discussed earlier, in order to trade cryptocurrencies, traders have to be affiliated with a platform that acts as a moderator between traders and the market. And brokers are the best way to do it because they not only offer a platform to the traders where they can come and trade their preferred cryptocurrencies but also help traders to make the right decisions. The market of cryptocurrency is constantly varying. Timing and accuracy are everything in this market that can’t be achieved without experience. That means inexperienced traders face a hard time making profits.
This is when a broker comes in handy. It is very important to have a good broker along with you. Let me tell you why, if you are an experienced trader who has been trading in the market for years, besides all the experience and techniques that you may have which will help you earn profits, nothing will benefit you to be honest if your broker is not good. But if you are an inexperienced trader who has recently joined the market, but luckily you found a good broker like GTlot, then the chances are pretty high that you will make some profits out of this market. It all depends on the platform you choose.
With all of that being said, now you know how important it is to choose your broker wisely, so let us go to the second confusion that most of the traders face. Which broker is the best for me? It is true that in the world of crypto, where you don’t know anything about the trends and platforms, it is very hard to find the right broker. Especially when there are a lot of scammers roaming around as well who are constantly on the lookout for scam traders, if you wish to not become a victim of such scams, then you must sign up with a broker, which is regulated by financial regulatory authorities. Any platform which is not regulated by these authorities is not recommended to work with, no matter how fascinating and interesting features it is offering, at the end of the day, it may all be a scam.
To help such traders, I have done the research and found out one of the best brokers which offers some pretty unique features and services to its customers. GTlot is one of the highest-rated platforms in the world of crypto, besides the point that it is not as old as some other platforms, but still, traders are labelling this as one of the best ones out there. There must be something that GTlot is offering that makes it among the best. This is exactly what this article will help you with. In this article, we are going to go through some of the features that GTlot is offering to its customers, and after going through these points, you can decide whether or not you should choose it.
Now that you know everything, let us dive into the platform and see what it offers:
Wide Variety of Trading Instruments
Online trading is not only about cryptocurrencies and Bitcoin. It is a much bigger market. A good broker is one who offers a wide variety of trading assets, and that is exactly what GTlot is doing. Unlike other platforms which offer only one trading instrument to the traders, this platform offers multiple instruments to cater to the needs of different types of traders.
Having more options to trade is always good for the trader. If you are familiar with the trading market, then you would probably know that the trading market is very unexpected, and prices are always fluctuating. The world can witness the crash of the market, which can cost traders a big loss. But there is a way to overcome the risk factor involved in this market. And it is by investing your capital in different assets. This is only possible if you are registered with a platform that is offering you the option to trade multiple assets.
If we talk about the instruments that are offered by GTlot, then there is a huge list. GTlot is offering a wide variety of trading instruments other than cryptocurrencies as well. This includes the Forex section, where hundreds of forex pairs are available for the traders to trade, for example, EUR/USD, USD/NZD, GBP/USD, and many more as well. Another instrument that is available on the platform of GTlot is the Stocks market. This includes the shares of some of the biggest companies like Apple, Microsoft, Google, and many more on the list.
But if you are interested in exchanging a group of stocks instead of individual ones, then you should go for indices. GTlot provides customers with plenty of choices, even in indices. You can choose to trade any of the following indices, such as Dow Jones, DAX, NASDAQ, FTSE, and S&P 500. If indices are not what you are looking for, then you can also trade commodities. These come in two types: soft commodities and hard commodities. The soft commodity is a name given to agricultural products. These can be coffee, cocoa, sugar, and corn. While on the other hand, hard commodities are a name given to precious metals. These include silver, gold, and aluminium. But it also includes energies such as crude oil.
The last market that GTlot offers to its customers is the cryptocurrency one. This is one of the most popular markets, and GTlot also provides the top cryptos for users to trade. Some of the options you can explore are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and many others. You can also exchange bonds. The reason that GTlot provides many options for its users is so that they can experience different things. This also gives customers a chance to widen their portfolio and increase the chances of making a profit.
No Compromise On The Security
In the world of online trading, security is the key feature. This is important because there are many cases that have been reported regarding scams. This is why financial authorities had to come up with security policies to enhance the market’s security. For that reason, there are two policies that come in really handy. The first is KYC or Know Your Customer Policy. And the second one is AML or Anti Money Laundering policy. These policies restrict scammers and any type of illegal activities from happening on the platform.
With the help of the KYC policy, traders are required to submit legal documents to prove their identity and residence. These both can be proven with the help of a national ID card for the identity and utility bills or credit card bills for the residence. If you look at the scammers, then you would notice that they never reveal their identity. This means that with the help of these policies, the security of the platform would increase, and it will restrict scammers from registering with the platform.
Another rumour regarding online trading markets is that people use them as means of money laundering. To cover that point, financial regulatory authorities have made an AML policy that is going to stop any type of illegal activity like money laundering from happening on the platform. With the help of both of these policies, the platforms can stop future threats and risks, but what if someone tries to break into the platform?
To secure the platform from hackers, GTlot has taken some pretty interesting precautionary measures. These measures include the latest encryption technology like SSL (Secure Socket Layer), which makes your data safe. Many platforms make mistakes at this point, they either focus on securing the money of the trader or data, but it is necessary to secure both of them. Let me tell you how both of these things of traders are at risk. The first one is money, of course, which you deposit in order to start trading and investing. This money is the trader’s hard-earned money and needs to be secure from hackers. The second most important thing is your personal and financial information. While signing up, when you provide your personal information like name, address, etc., and financial information like bank account number, credit/debit card number, etc., so this information must be kept safe. And that is why GTlot is equipped with SSL Technology to keep the platform safe.
Really Good Trading Platform
By now, you should be aware of the fact that trading platforms influence the trading experience greatly. This means that you have to choose a broker which provides customers with the best type of trading platform. Because the platform is an advanced one that has amazing features and a really good speed, then your trading execution and experience would be good too. But if the trading platform is a slow one, then your trading experience would be very affected. This is why trading platforms that are really smooth are preferred because it ensures that your trade execution is really quick. This way, you do not miss any chance to trade. The platform also has to have advanced tools because these are a must in understanding the market trends. Without the proper tools, traders cannot make good decisions.
Essentially it is the broker which provides you with a trading platform, but you are the one who chooses the broker. You should research the broker beforehand, so you know which platform would be the best for you. GTlot is a great broker as it prioritizes customers’ trading experience. It wants all its users to grow as traders rather than experiencing losses. This is why GTlot chose one of the best trading platforms. The platform is an online one, which means it is accessible through the web. This is a great thing because users can enjoy cross-device functionality. It also means that you do not have to spend a lot of time downloading the application. Instead, you can access it very easily from any device. All you have to do is search for the GTlot website and log into your account.
This platform is the best because GTlot made sure to invest a great amount into it. S that the best technology can be used to create it. Because of all of this, traders can access the latest trading tools, which are great for improving trades and increasing profits. One feature that stands out a lot is the instant trade execution. This is because it allows traders to execute many trades in a short while. This way, the margin for profits increases too and the other great feature is that the platform is extremely user-friendly. So it does not matter if you are new to trading or experienced because you will be able to navigate the platform easily.
Other tools which have been provided on the platform are market news, trading indicators and signals, price alerts, live charts, and other analysis tools. These tools help traders be aware of all the trends that occur in the market so that they can execute their trades according to them. It helps to minimize the risk and be on the safe side. GTlot has also created an application for the trading platform, and you can download this on your mobile phones. The application is compatible with both Android and iOS devices, and once you have downloaded it, then you can trade from anywhere in the world.
Easiest Way To Create An Account
In order to use GTlot services, you have to make an account on their site. Creating an account is not usually difficult, but the method often annoys customers. There have been many companies that have complicated the application process. These companies require users to fill out really long forms, provide a lot of unnecessary information and submit so many documents. But all this does is annoy the customer, and often it results in them not applying at all. Why do customers hate long application forms? Because they want to start trading as soon as possible, and these forms often cause a delay in them starting trades. It is also a waste of time, and many people prefer to be productive soo they just quit altogether.
GTlot is a platform that understands the customer’s stance, which is why it took time out to improve the application method. It ensures the users that the process to become an official member is very short and easy. It will not require you to waste a lot of time. All you have to do is visit the GTlot site, click on the Open Account button that will be seen on the right side. This option will then take you to a very short form. And completing the form will only take a couple of minutes. You have to enter information, such as your name, email, number, and the country you reside in. Next, you just have to choose the currency in which you will deposit and withdraw your money. There are three options for currency, GBP, EUR, or USD.
Once you are done with filling the form, you just have to read the terms and conditions, make sure you agree with them, and then confirm that you are 18 or above, and then you can submit the application. After this, you do not have to wait as your account will be created immediately.
Although trading has become even more accessible now, it is difficult to come across a good broker. But it does not mean that there are no good brokers in the market because if you ask me, GTlot is a great one to work with. It has great services to offer, and customers can enjoy these along with the advanced tools. As we have gone through the features that GTlot is offering, there are a lot more to cover as well, just because of how good this broker is. Now it is in your hands to decide what is best for you.