One of the top trends nowadays is online trading, as financial markets are offering people with endless opportunities to make massive returns, something that no other markets are able to offer. Who doesn’t want to earn big and do it in a fraction of the time than what other investment opportunities take? This is exactly what you can do when you trade in the financial markets. There are thousands of instruments that can be traded, so you don’t have to worry about running out of opportunities any time soon, as more are being added as well. Plus, you don’t have to go anywhere to start trading online.
The internet has made everything accessible and this also applies to the financial markets. But, how will you start your trading journey? This is where the role of a broker becomes evident because they are the ones that give you the trading platform needed for getting started, along with the tools that help you make profitable trades. Luckily, finding online brokerages is not that tough because they have also become quite common with the popularity of the trading market. You will have lots of options at your disposal when you are hunting for one.
One of the options that you will come across is CFD broker Finantiko, which has developed a strong reputation in the market. Based in St. Vincent and the Grenadines, this firm has made a name for itself rather quickly, but how has it done so? This is due to the notable features it has to offer and you need to know what they are before deciding to sign up with it. What are these features? Read on to find out:
It is regulated by the MIFID II
Determining the legitimacy of a broker is essential before you trust them with your money or your information. When it comes to Finantiko, you will come to know that it follows the rules outlined by the MIFID II (Markets in Financial Instruments Directive), which are designed for customer protection and safety. This means that the platform doesn’t exploit its customers and is open and transparent about all its policies and activities.
It offers a multitude of assets
The asset a brokerage offers are also important because you want to ensure that they can offer you those that help you make the highest profits. As mentioned above, Finantiko is a CFD broker, so it offers a multitude of assets to its clients for trading. You can trade commodities including soft and hard ones, such as cotton, coffee, gold, silver and even oil. You can trade stocks of companies like Microsoft, Apple, Facebook, Netflix and Amazon. Indices like NASDAQ, FTSE 100, Nikkei 225 and Dow Jones are also available.
If you are looking for some volatility, the currency markets can give you plenty of it and you can trade different pairs, according to your preference. These include EUR/USD, GBP/USD, USD/RUB, USD/MXN and GBP/CAD. There are cryptocurrencies also available, such as Bitcoin, Bitcoin Cash, Litecoin and Dow Jones. This gives you enough room to diversify your portfolio without any problems.
It also has demo accounts
When you are new to the world of trading, you would certainly want to be able to practice before you jump into the markets. It takes one wrong trade for you to lose all your investment and you want to avoid that at all costs. Finantiko has given traders the solution in the form of demo accounts. These are basically practice accounts that come with virtual money and can be used for trying out various strategies and are useful in eliminating mistakes. Furthermore, these are also great for traders who want to test the firm’s trading platform and trading conditions before signing up.
It maintains segregated accounts
Trading online means that you have to hand over your hard-earned money over to the broker and this is a big risk. How can you be sure that your money will remain safe and not used for any activity other than trading? To reassure its clients, Finantiko has maintained segregated accounts for its clients, which means that all traders’ deposits are kept in separate accounts with reliable and secure banks. The company’s own funds are kept separate to ensure there is no mix up and even if they go bankrupt, traders’ funds will remain safe and returned to them.
It provides learning materials
The knowledge of a trader about the financial markets can have a big impact on their success. If you don’t know how they work, it can create a lot of problems for you and cause you to make the wrong decisions. Knowing this, Finantiko has added comprehensive and detailed learning materials on its platform that cover a wide array of topics related to the trading world. You can find e-books, webinars, trading courses and tutorials to help you understand the markets.
It makes deposits and withdrawals easy
You have to deposit money to start trading and you will also need to withdraw your profits. In order to do so, you need to ensure that the broker offers easy and quick methods. Finantiko has added both modern and traditional options to cater to the traders. You can go with traditional choices, such as bank wire transfer, or you can go with the more modern debit and credit cards. The platform supports both Visa and MasterCard, making it easy for you to make your deposits and withdrawals.
It provides robust customer support
When you are using a broker’s platform and features, you may have some questions or issues and need help. If adequate customer support is not provided, it can create a lot of problems. Finantiko has offered robust customer support to avoid such problems. They offer multiple channels, such as an online contact form, an email address and a phone number for reaching out to their team. They are quick in their response and very friendly.
Thanks to these features, Finantiko is a good option for traders of varying backgrounds and can cater to their needs easily.