Have you decided to venture into the world of trading? If you have made up your mind to do so, then you should be aware that you need a broker’s services to help you navigate the financial markets. Sure, the financial markets are brimming with money-making opportunities, but your success can and does depend on the platform you choose for fulfilling your trading needs. It takes a quick Google search to discover that there are plenty of companies willing to cater to you, but opting for one that can be relied upon with your hard-earned money and your personal information is no piece of cake.
The market has its fair share of unregulated and shady brokers, which have resulted in many traders making a lot of complaints because the unsecured platforms exposed them to numerous risks, or simply didn’t provide the right tools and features needed for trading. Therefore, you have to exercise caution when you are searching for a broker because your choice will have long-term consequences and it is not a decision that can or should be made lightly. One of the names that will end up in your list of brokers is Global CTB, which was formed in 2016 by a group of former financial traders.
These people have used their own experiences and knowledge for forming this platform due to which it can be quite helpful in navigating the world of online trading. However, the only way you can determine this is by taking a look at what Global CTB promises and what it delivers. Let’s do that below:
Security and regulation
When you are looking at a broker as a potential partner, it is best for you to start with their security and regulation because this indicates how much you can trust them company. Global CTB is a regulated firm, which means that they are properly licensed for offering trading services to their clients. Their regulatory status indicates that they are transparent, fair and honest about their services and follow all international standards and rules. These include the implementation of AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies.
These are international security policies that are designed to prevent financial fraud, terrorist financing, money laundering and identity theft. Likewise, Global CTB also follows other security standards as part of its regulation, such as account segregation. This keeps all traders’ deposits and company’s funds in separate accounts to ensure there is no discrepancy anywhere. As far as protecting sensitive data is concerned, they have opted to use 128-bit SSL (Secure Socket Layer) encryption, which immediately conceals all data that’s shared with the broker, thereby ensuring that no outsiders can gain access to it without proper authorization.
Registering and account opening
Registration is the first step to sign up with any broker and the same is true in the case of Global CTB. But, what is different about the company is that their registration process is swift and short. There is no lengthy paperwork or approval process that you have to go through. Registration only involves completing one form on the company’s website that doesn’t take more than five minutes and the information that’s needed is also very basic, so there is no need to be concerned. You just enter your name, email address, password, phone number, date of birth and location.
As soon as the form is complete, registration is over and you can check out the account options that have been added by Global CTB. There are a total of six choices to be explored and each of these come with a different set of features to accommodate different types of traders. Basic, Beginner, Medium, Advanced, Pro and VIP are the six options and the type of trader they aim for is obvious from the name. There are some features like customer support, educational resources, daily market reviews and price alerts that are common in all accounts, while others are account specific. You can go over the choices to make a decision.
No downloading the trading platform
When you have chosen what account you wish to open with Global CTB, it is now time for you to take a look at the trading platform that they have incorporated to allow you to trade. This is a key element because if the platform suffers from any issues, it will affect your trading experience and performance. You will come across a web trading platform that has been developed and doesn’t come with any downloading or installation requirements. You can access the platform via the company’s website and this provides you a great deal of flexibility.
How? It can be used on any device that supports a browser, which means you can enjoy trading on the move as well. Global CTB has also used cutting edge technology for the platform and added a range of powerful trading tools like trading indicators, price alerts, latest market news, charting tools and line graphs that can come in handy during the trading process.
Range of banking solutions
You have to deposit money to start trading and would eventually want to get your profits as well, but how will you do both of these things? This requires you to explore the banking solutions that Global CTB has incorporated. You can go with the option of bank wire transfers, which allow you to use your bank account for adding and withdrawing funds. You can also go with debit and credit cards, as they have added support for several ones, like Visa and MasterCard. You can also use cryptocurrencies for funding your account.
Global CTB allows you to use one of three currencies for your deposits and withdrawals, which are USD, EUR and GBP, respectively. They don’t charge a commission on deposits, which is undoubtedly a plus, but do allow you to save money on withdrawals.
With the right broker by your side, you can navigate the trading world with ease and this is exactly what you will find in the form of Global CTB, which has been designed for this purpose alone.