There was a time when trading in the financial markets was a novelty for many because accessing them was not that simple or easy. However, things have changed in the last couple of decades due to technology and the internet. These days, online trading is one of the biggest trends and it has become even more prominent after the global coronavirus pandemic. Online brokers play a key role here because they give you access to everything you need to start trading. There are a huge number of them operating nowadays and this can lead to some confusion when you start searching for one.
How do you make your decision? You do it like you do everything else; take a close look at the offerings and then decide if it is good enough. Founded by Cordelino Ltd., one of the brokers in the market is BTC-Trends that has managed to develop a good reputation. Based in St. Vincent and the Grenadines, they claim to provide trading services to traders in different parts of the world. But, you need to assess their offerings before making a decision. This BTC-Trends review can help you in doing so:
The best place to begin when you are looking at a broker’s offerings is their asset index. What instruments will you be able to trade with them? In the case of BTC-Trends, you will discover that they are offering more than 200 trading instruments that belong to some of the leading financial markets in the world. You will be able to trade shares, such as Apple, Netflix, Tesla and Google, or indices like Nasdaq 100 and FTSE 100. They have also added forex currency pairs, such as EUR/USD, GBP/USD and USD/JPY.
If you are looking for less volatile options, you will find that commodities are also available at BTC-Trends and they have added both soft and hard ones. In addition, cryptocurrencies have also been added because they are in huge demand these days. With such options available, you will be able to diversify your portfolio and enjoy maximum returns.
After checking out their asset index, it is important to look at the trading platform of a broker because it is the primary feature you use for trading. The team at BTC-Trends has opted to provide its clients with a web trading platform they have developed on their own. It boasts state-of-the-art trading technology combined with a simple user-interface, which makes it easy for everyone to figure out how to use the platform. It doesn’t have to be downloaded or installed; you just need to log onto their website to access it.
As far as features and functionality is concerned, traders can enjoy ultra-fast trade execution and one-click trading with the BTC-Trends platform and it is also not lacking in tools. You will find a professional charting package, market analysis, the latest news, price alerts, trading signals and various order types that can help in risk management. You can also find mobile trading apps for iOS and Android ecosystems, which can be used for trading on the go.
Another feature that deserves attention is the trading accounts offered by the broker because they determine if you will be able to trade comfortably or not. You will not be disappointed with the five account options provided by BTC-Trends because each of them is catered to a specific type of trading.
The choices are Micro, Bronze, Silver, Gold and Platinum. The Micro account has the lowest deposit requirement at ₮5,000, while the Platinum has the highest at ₮150,000. When it comes to features, you will be able to use video tutorials, daily analysis, a daily account manager, customer support, webinars and seminars and premium analysis, depending on the account you open.
You will also find 24/5 customer support available at BTC-Trends and extensive educational resources for guidance, along with a quick registration process.