iCrowdNewswire Mar 3, 2021 1:58 AM ET
Find out why we recommend BTC-Trends for online trading and why they are NOT a scam, learn more in this BTC-Trends review today before signing up with the broker.
At some point or another, everyone has thought about indulging in online trading. And most of the time when people go through with their idea of investments, they actually end up making profits. This is because online trading is one of the best ways to increase your income and savings. As long as you spend time learning about the basics and familiarizing yourself with the fundamentals prior to making investments. Nowadays, it is very easy to become an online trader thanks to a large number of brokerage firms available on the internet. These internet-based trading platforms help you stay connected to the financial markets from the comfort of your homes. Gone are the days where traders would have to visit specific offices to make investments.
As a new trader, you should know that the brokerage firm plays a bigger role in determining your success rather than the asset that you invest in. While it is not possible to predict whether or not you will be able to make profits as a trader, the right trading firm increases the chances of impressive profits. So, make sure that you find a trading firm that provides you with the trading conditions that promise a steady income. If you are unsure about which broker you should sign up with, I would suggest that you try BTC-Trends. This brokerage firm offers many great features that make sure that you make the best trading decisions.
So, let’s take a look at some of the important features that BTC-Trends offers that you should look for in every broker.
|Assets||Crypto, Commodity, Stocks, Indices|
|Leverages||Up to 1:400|
|Trading Platform||Mobile, Desktop, Tablet|
|Account Types||Micro, Bronze, Silver, Gold, Platinum|
|Min. Deposit||5000 Units of Base Currency|
|Customer Support||24/5 (Phone, Email, Callback)|
Important Features of BTC-Trends
Innovative Trading Platform
The first thing you should do when you check out an online broker is to make sure that it offers a great trading platform. This is because the trading platform is through which you will perform all your actions as a trader. So, if the trading platform has a poor performance, then it is very likely that your trading experience will not be pleasant. Therefore, you should make sure to look into the trading platform that the trading firm is offering.
BTC-Trends offers a propriety web trader as its platform. The beauty of web traders is that they are very easy to use and maintain. Some trading firms offer platforms that need to be downloaded on the device. These may require you to update your device software to make sure that it is compatible with the trading software. With a web trader, all that you need to do is visit the broker’s website and log in to your account. If you like using apps, then you can also find apps for Android and iOS devices on the Google Play Store and the Apple Store respectively.
The web trader which BTC-Trends provides was developed by professionals using the latest technology to make sure that it can provide the best trading environment to traders. The platform is filled with advanced tools that help traders in making profitable investment decisions. The interface is also very user-friendly which makes it perfect for new traders. You can enjoy trading with modern technology with an easy-to-use interface.
Multiple Account Choices
Trading firms offer multiple account types because all traders have different needs and requirements. There is no one-size-fits-all rule when it comes to online trading since all traders come from different backgrounds, have different financial conditions, and are at different stages of trading. A beginner trader will not be able to handle all the features that a professional trader may require regularly. Similarly, an experienced trader will not be satisfied with the limited features that a new trader requires to get settled. This is why all trading firms offer different account types to choose from.
BTC-Trends also offers a varying choice of account types to its customers. Instead of the typical two to three options that brokers offer, BTC-Trends offers 5 different account types that you can choose from. A common trait among online brokers is that their basic accounts don’t offer much when it comes to services, so traders are not able to invest properly. However, BTC-Trends makes sure that even its basic account has the basic features that a trader needs to make successful investments. The account types that BTC-Trends offers include the Micro account, Bronze account, Silver Account, Gold account, and the Platinum account.
The Micro account is the most basic account that you can find. This account has a minimum deposit requirement of 5,000 MNT which is just 1.75 USD. This is a great value because many trading firms start out their basic accounts with more than $1,000 and barely offer any features and services. The Micro account is a great choice for new traders as it offers all the basic features that one needs to make smart investments. Some features that this account has access to include data analysis, video tutorials, as well as a 24-hour customer service.
The account higher than the Micro account is the Bronze account. This account requires a minimum deposit of 25,000 MNT and supports more features than the basic account. This account is great for traders who have some trading experience but are not yet advanced enough for professional accounts. You can access all the features of the Micro account along with the additional benefits of webinars, seminars, and a dedicated account manager.
Following the basic account is the Silver account which requires an initial deposit of 75,000 MNT. This account is suitable for experienced traders as it offers more complex features and services. Some additional benefits of opening a silver account include a daily premium analysis which is great for making investment decisions.
The Gold and the Platinum accounts require a deposit of 150,000 MNT each. The Gold account supports all the features and services offered to the previous accounts and then some more such as access to the trading central and premium customer support. The Platinum account functions as the VIP account which is reserved for professional traders.
As you can see, BTC- Trends offers an impressive variety of account options that cater to a large number of traders with different backgrounds.
Varying Asset Index
As a new trader, you should make sure to open an account with a brokerage firm that offers a wide range of assets to trade with. This is because when you are new to trading, you need to understand how each market differs from the other. All of these assets have different market conditions in terms of volatility and rates. So, you need to have exposure to these varying conditions in order to understand trading better.
Moreover, investing all your money in a single asset is very risky because if the market value of that asset drops, you will lose all your money. Instead, you should invest small sums of money in different assets. The unpredictable fluctuating nature of the assets will make sure that you will not lose all your money if the market value drops. A wide range of assets is also good for building a diverse trade portfolio which determines your status as a trader. Moreover, it keeps your investment options open and provides you with the option of multiple openings at a time. It is a given fact that the larger the number of openings, the larger the profits that you will bring. The more investment opportunities you have, the more profits you will earn.
BTC-Trends supports a wide range of assets for traders to invest in. You can trade in Stocks, Commodities, Shares, Currencies, and many other assets. In total, the trading firm supports over 200 high-liquidity assets that you can invest in. This large variety ensures that you can start building a diverse trade portfolio while exploring different trading conditions right from the start. The trading firm provides you with the option of investing with Fiat as well as with cryptocurrencies.
Online trading is among the easiest ways of earning an income that you can find. This profession requires little to no physical exertion. However, to make sure that you are actually successful in it, you need to take some time to study the fundamentals. You don’t need to have a background in finances or trading to become a successful trader who makes a steady income. However, you do need to have an understanding of the basic terminologies and functions to be able to make profitable investments. On an online trading platform, there are many tools, numbers, figures, graphs, and charts that you need to assess before making an investment decision. The trader needs to have the ability to understand what these numbers mean before they can decide whether or not an investment will be profitable.
Many traders turn to the internet to find the right information. While this may work well for them, it will also waste a lot of their time. This is because the internet contains a plethora of information including extremely detailed materials to just basic outlines. Moreover, if you are completely new to the trade, you may not know what you should be learning about. With BTC-Trends, you don’t have to worry about this. The brokerage firm provides its own educational resources that specifically target the area that traders should know about to trade successfully.
The trading firm provides detailed video tutorials, webinars, and seminars to educate its customers about the fundamentals of trading. It saves a lot of their time and makes sure that they are learning about only what they need to know. This feature of BTC-Trends is really useful for new traders as it specifically gives them the information that they need to trade successfully on its platform.
I cannot emphasize enough the importance of making sure that the brokerage firm is a secure platform. This is because online trading firms are targeted by hackers quite frequently as they are a very powerful domain. Online trading firms carry confidential information about the customers on their systems. Moreover, they also have access to your deposits and earned profits. This is why hackers try to hack into the system of these firms so often. Most of the stories that you may have heard about people losing their money to online brokers are because they had poor security protocols that the hackers were able to move past. So, it is very important to make sure that any brokerage firm that you open an account with guarantees your security.
This is one of the reasons why I found BTC-Trends to be so impressive. This broker has left no stone unturned to ensure that it offers a completely safe trading platform to users. The trading firm has implemented the latest technology to ensure that its system is unbreachable. BTC-Trends offers full data encryption which hides your online activity and data from hackers and converts it into a series of numbers and letters. The firm also uses 2FA (two-factor authentication) to confirm the users’ identity. In addition, it offers 3D secured payments and is compliant with PCI DSS standards.
As is evident from this brief description, BTC-Trends has done its best to make sure that it is a trading platform that is secure from all aspects. It offers the best services to keep the traders safe from fraud.
As an online trader, all your profits and earnings are stored in your account on the trading firm. To be able to use your income, you need to withdraw the amount from your account. Oftentimes, trading firms do not pay attention to the withdrawal process as it does not benefit the firm in any way. And in turn, the traders are faced with a long and complicated withdrawal process every time they want to take out their earnings. It is important that the trading firm works to provide an easy method of withdrawal to make this transaction easy for the trader.
BTC-Trends has designed a clear system that ensures that traders don’t face any trouble while proceeding with the withdrawal process. You can simply click on the Withdraw option from your account and place your order. The one thing that you need to remember while withdrawing money from your account is that you cannot withdraw an amount lower than $50. The waiting time for the order to be processed and completed can be up to 5 days. However, this time period may vary depending on the method of transaction that you used.
Once you have placed your order, you will be required to submit proof of identity as per the AML and KYC policies that BTC-Trends is compliant with. This feature is to protect your money from being transacted by a hacker.
BTC-Trends supports a large variety of payment methods. The large variety of accepted payment methods makes it easier for traders to proceed with their transactions which are quite frequent for online traders. Online trading requires you to use online banking options which may be a hassle if the broker only supports limited methods. With BTC-Trends, it is quite easy to complete the processes of deposits and withdrawals. The brokerage firm accepts payments via credit and debit cards from companies like VISA, MasterCard, Skrill, Neteller, JCB, and several others. You can also make deposits and cash withdrawals via bank wire transfers, although they may take a little longer to process. Additionally, BTC-Trends also allows transactions through some e-wallet services.
When trading firms only accept payments through certain banks and e-wallets, the traders may need to open new accounts to be able to proceed with the transactions. This will require extra work and effort from the trader which is not very pleasant. For your ease, you should make sure to open an account with a trading firm that accepts the payment methods that you are comfortable with.
As convenient as online trading is, you are bound to miss investment opportunities unless you stick yourself in front of your computer 24/7. This means that you cannot be online on the trading platform to monitor the market rates at all times. This may lead you to miss out on amazing investment opportunities. With the feature of automated trading, you don’t have to worry about this. Furthermore, automated trading has shown an increase in the number of profits that the traders make from investments.
Automated trading is an amazing feature that allows you to continue your daily life without having to pause your life and dedicate yourself to online trading. Auto trading software allows the brokerage firm to trade on your behalf. Now, you may be skeptical about letting the trading firm access your account and trade on your behalf using your own money. However, I can assure you that brokerage firms that offer automated trading offer it under strictly monitored conditions. When you activate the auto trader, you provide a set of conditions under which the broker is to make investments or pull out. The trading firm does not have the ability to cross the boundaries that you set in your absence.
BTC-Trends also offers the feature of automated trading. This feature allows you to be active with your investments even when your real-life duties don’t allow you the time to. The BTC-Trends automated trading software was developed under the special care of professional programmers. This has made sure that the trading system of the auto trader is completely error-free. Using state-of-the-art technology, BTC-Trends has developed one of the most advanced automated trading software that you will find in brokerage firms.
Customer Support Services
If you want to determine the broker’s stance on customer satisfaction, then you need to take a look at the customer support that it offers. The quality of the customer support services that the brokerage firm provides shows how customer satisfaction oriented the trading firm really is. The trading firm should provide means of assistance to the trader so that they can enjoy a seamless trading experience with it. When you are a new trader, there are many questions that you may have regarding the trading platform of the broker, or even about trading in itself. Similarly, you may find yourself in a situation where you may not know how to proceed, for instance, if you want to cancel an investment or cancel a withdrawal request, etc. In that case, you will require clarification more than what the FAQs section can provide. A reliable trading firm should provide top-notch customer service to earn the customer’s trust.
BTC-Trends offers you a reliable customer support system that you can count on. The trading firm has set up a great customer support system and has hired experienced professionals who are able to view your questions from an inexperienced trader’s perspective. This is how they are able to provide the best possible solutions to your issues in the simplest. The staff is also trained to provide you with technical assistance in that if you have trouble with navigating the trading platform of the brokerage firm. The active customer support services are a great feature especially for new traders who may have a lot of queries.
BTC-Trends offers multiple channels of communication including, email, phone calls, and a direct message forum. The trading firm has also provided its office address in case someone needs to visit. The customer support services of BTC-Trends are available from 8 am to 5 pm GMT, 5 days a week, excluding Saturday and Sunday. In addition, the trading firm offers multi-lingual support in English, Spanish, as well as in Russian.
As you can judge from this review, BTC-Trends is one of the best choices of brokers that you can choose to sign up with. The features and services that are provided to the customers ensure that they have a great trading experience. While I don’t think that this is the only great brokerage firm that you can sign up with, it does hold a position of a promising trading career. This is true especially for new traders and the modern technology paired with the user-friendly interface makes a great combination for them.
As a rule of thumb, make sure that you visit every broker that you consider signing up with. This will help you decide whether or not the particular firm is right for you. You should always try out the demo account feature if the brokerage firm offers it as it allows you to see what the trading environment with it will be like.