Over the past few years, trend of trading in crypto currency is on the rise. With the increase in penetration of Internet, many online brokers have also entered the market. The increase in popularity and use of Smartphone has made the concept of online trading much easy. If you search online, you will find many online brokers in the market. At the time of sign-up, most online brokers offer many lucrative promises and so, it needs to be seen which ones are the real and which ones are not. If you do a little comparison and try to get some information from the market, you will find that ETFinance broker is the best of the lot. The offers they make are very genuine and helpful for the traders to trade.
ETFinance has been promoted by Magnum FX (Cyprus) Limited, based in Cyprus. The company has reputation as an investment company for many years. As a member of ETFinance, you can trade forex, stocks, indices, crypto currencies and various commodities. In the commodities segment, you can invest in agricultural assets, oil and some metals which are quite precious.
As far as indices are concerned, the broker has added two very precious asset indexes like FTSE 100 and DOW 30. The trader can also invest in top crypto currencies like Bitcoin and also even in Litecoin.
The broker is under the strict regulatory norms and guidelines of Cyprus Securities and Exchange Commission (CySec). The broker has a compensation scheme and being under the regulator, they always have to follow the best guidelines and practices in cases of data security and encryption.
In order to give more flexibility to the trader, ETFinance trader has added three trading platforms. There is a desktop version, a mobile version and also a web-based version available for the traders. The three different forms include
Web Trader – This web based trading platform goes well with all browsers and the trader does not need to download the application to trade. You will enjoy trading with this interface as it offers a wonderful intuitive interface. The Visual Cubes and Trends can also be used.
Meta Trader 4 – This is one of the best trading platforms available on the desktop. People who have used it once, know quite well that it has got some wonderful technical indicators, many important features and tools and also many trading options.
Mobile trading – There is a right app for Ios and Android devices and they can deliver a trading experience which is smooth and easy to use. Just see that the app has got the right tools and features.
The ETFinance trading broker offers three different types of accounts, some is for the beginners and while others is for the experienced and advanced traders. The three types of accounts are described below –
Silver – This account actually has been designed for those traders who are new to the world of trading. Since they are new to the world of trading, they need a bit more customer support and a very low spread of 0.07. A minimum deposit of $250 is needed to start the account.
Gold – This account is for the traders who are seasoned and are quite experienced about the market conditions. They can take a maximum leverage of 1:500 and can convert it maximum to their advantage. The spreads will be as low as 0.05 and in addition to that there will be a dedicated account manager to the trader. He will also have access to webinars and other important videos on tips.
Platinum – This type of account is for traders who are quite experienced in trading. Here the spread is as low as 0.03 and the broker offer a 50% discount on SWAPS.
Because of their variations in service, ETFinance trading is being appreciated by many traders worldwide. Let us have a look at the reasons for which this broker is the preferred destination of many traders all over the world.
a)Safe and Secured
Many brokers claim about the safety and security of the issue, but very few take care of it. The basic advantage of ETFinance is that from the very beginning, they are very much cautious of the safety of each customer. At the time of sign-in, you can see that how much serious they are about your KYC documents. They ensure that not a single entity can open an account with false documents.
The broker also keeps a record that no anti money laundering activity takes place. They keep a round the clock vigilance that no terrorist invests his fund here for money laundering activities. To keep the money of the traders in safe hands, money deposited by each trader is always kept in separate accounts for the safety of it. Hence they always see that way to deposit and withdrawal is safe and secured so that no illegal money enters into the system.
- b) Proper guidance and assistance
ETFinance has developed a video on demand (VOD) offering basic and advanced trading tips. They have a very friendly and helpful customer staff and they are always eager to help you. If you want any assistance, you can always approach them through phone or via email. If you want any guidance in detail, you can also go for their live chat option. ETFinance has ensured that each of their customer support staff is quite knowledgeable about the wide subject of trading, be it crypto currency to forex or agricultural commodities. Because of this wonderful customer-friendly team, traders find it quite easy to trade on ETFinance platform.
- c) Access to multiple assets
Starting from crypto currency to commodities to stocks, you can trade in any of the assets when you open a single account with ETFinance. There is also an option of buying CFD’s of these stocks without buying the actual stocks themselves. This reduces your exposure of money to a great extent and the probability of making a profit increases to a great extent.
Open the account and start enjoying trading with ETFinance.