Trading is a straightforward way of making money. Some people try it only to make some money while others go fully into to change their lives. It does not matter what your goal is when you start trading. The most important thing is to focus on the right things. You have to start on the right foot and make sure that you get what you are in it for. Are you at a disadvantage if you are a new trader? Or should you be? That’s not true at all. If you live with the impression that you are at a disadvantage as newbie in the trading world, you should quit that thought right away.
Today, you have online companies providing you with trading services that are designed just for you. You will be surprised to know that some online platforms are only meant for you. What I mean to say is that experienced traders won’t find as much on those platforms as you will as a new trader. Yes, I have to agree that online brokers are not perfect, but I will talk about one today that I think is nothing less than perfection when it comes to meeting the requirements of the traders. I am talking about Go4Rex.
Here is a detailed review in which I am going to tell you why this company has done a perfect job of meeting the requirements of the traders.
|Trading Type||CFDs and Forex|
|Assets||Forex, Indices, Commodities, Cryptocurrencies, Stocks|
|Trading Platform||Mobile, Desktop, Tablet|
|Customer Support||Phone and Email|
|Account Types||Basic, Bronze, Silver, Gold, Platinum|
|Operated By||FX Capital Ltd.|
Let’s start with something that matters the most to online traders. If you are new, you might not be very serious with this particular feature. That’s the problem with a lot of new traders in the market who think that they don’t have to care about the regulation of the company. That’s because this particular feature does not interfere with their trading experience in any way. For this reason, they don’t think it really matters. However, I have to tell you that regulation of the company that you have signed up with matters more than any other trading features.
You can go on the internet in search of the best companies that provide you with trading services. I can tell you with confidence that you will not find all of them regulated. A very few of them have gone to the step of getting regulated by regulatory bodies. Others are just relying on other skills to keep you distracted from this amazing feature. However, you will not really have to be deceived by anything when you sign up with Go4Rex. This company has made sure that it obtains proper regulation from FSA before it provides you with trading services. You have to keep in mind that regulation is there only to make trading safe for you.
FSA stands for Financial Services Authority, and while I did not know about this particular organization before, I found out about it afterwards when I saw many other companies having its name on their websites. Why did they have its name on their websites? Well, it is one of the most prestigious regulating bodies in the world. You can be proud that you are signing up with a company that is regulated by FSA. Or you can be proud that your trading platform is regulated at all.
So, you want to start trading but you can’t figure out how you will be successful with your trades. That is a very common concern for those who are trading on the online trading platforms. They want to make money from trading but they don’t know which way to go. Being unconfident about your trades is nothing new. You are just like millions of other traders who sign up with online companies for trading every single day. They go through the same feeling and if you are going through these emotions, you are not alone. I have to tell you that you will not have any dearth of trading tools when you sign up with Go4Rex.
All of these amazing tools are available on the trading platform as soon as you land on it. The best thing is that you can choose from many different charts to have different views of the financial market or a particular asset. In addition to that, you will also be using some really helpful calculators. When trading, you usually want to find out how much risk you are taking, how much money you will make on the trade, or how much change there is of you losing the money. To know that, you have to use various calculators. They help you find these things out before you enter the trade.
This can keep you away from many risks and also help you make money because you will be consistent with your trades. So, once you sign up with Go4Rex, you will have access to all these tools without paying anything extra on your account.
Why do you have to pay ridiculous amounts of money just to learn some basics of trading? Even if you want to learn music, you will find many online resources that will provide you with initial education without any charges. It is amazing that trading knowledge has become so common and still there are people who will charge you a lot of money for telling you only a few generic concepts. I am sure you will not have to go through this when you sign up with Go4Rex. The company has made sure that you access some really good trading related material even before you sign up with it.
So, if you want to know some basics of trading, you will not have to sign up with the company. You can just land on the website and learn some of the basic concepts. If you want to know what CFDs are all about, what trading means, what blockchain is etc. you will not have to take any expensive courses. What I love the most is the glossary that you will find on the website. I have seen many other broker websites but they don’t provide you with a glossary of terms. It is not a wise move from the online website. They should always provide you with a glossary of terms because it helps traders in a variety of ways.
When you start learning through training material, you will run into a lot of different terminologies. These terminologies are only used in trading and so you will not know them already. The problem is that if you don’t become familiar with these terms, you will not understand any part of the online training course. I am sure you are going to appreciate the efforts of the company that it has put a complete glossary of terms on the website for you.
You can’t really feel comfortable trading unless you have learned it the right way. To learn it the right way, you will have to learn it from the experts who know what trading is all about. Don’t listen to the people who say they know a lot but have not traded with their own money. When you sign up with Go4Rex, you learn from people who have their own money invested into the financial markets. In other words, these people have already taken the risks that they are asking you to take. Plus, they are teaching you ways to minimize those risks just like they did for their trades.
How will you learn from these experts? Well, you have multiple ways to get that education straight from the pros who know what trading is all about. Firstly, you can be a part of the webinars. Webinars have become a staple of online training when you look at the online brokers. You will notice that almost all of them have this particular feature available to train you. However, only a few are able to provide you with people who can train you on everything. When you sign up with Go4Rex, you will notice that the experts are talking about everything.
In the webinars, you will see them tell you the basics of trading. At the same time, you can enjoy their commentary on the latest trends in the financial markets, which will help you catch on some patterns that can help you trade successfully. When you sign up with Go4Rex, you can take advantage of the expert training in these two ways. I am sure you will benefit from them the way I have.
Trading signals can be a great way to gain confidence in your trading decisions. You see, even when you become an expert in the market, you can’t really be 100% sure about your trading decisions. That’s just the nature of this entire activity. Your predictions can become very improved with time, but that’s about it. You will never reach a point where you can make 100% of the correct predictions. As a result, you will always need the help of some tools that will increase the probability of you making profits on your trades.
One of the best tools that you can gain access to is the trading signals. This might look like something extremely simple, which it is, but it is also the most helpful thing for any trader in the world. On the surface, you will notice that a trading signal is nothing more than an indicator that tries to tell you that you should buy or sell an asset. Yes, that’s about it. It will only tell you if you should be buying or selling that asset. Now, it is up to you to take a decision. It will not force you into anything. You are allowed to go against the trading signal or with it.
The best thing you have to know about them is that they have been compiled with proper analytical processing in the back. Yes, there are some really expert traders in the back who are generating these signals for you after using various speculating and prediction techniques. They are using a lot of past data about an asset and making their prediction based on that data. It is up to you to go with the signal based on your research or against it. Of course, at least the signal gives you some validation of your research when it is in correspondence with your research.
What is a trading platform that you can really say belongs in the present and the future? Well, I have to say that the future is not predictable. However, if you are clear about your existing requirements, you can definitely know which trading platform is great for your needs. At the moment, the first thing that a trader needs from a platform is that it should be able to travel with him/her. What I mean to say here is that you should not be bound to your bedroom for trading. If you want to take your trading efforts beyond your room or home, you should be able to do that.
That is only possible when you pick a platform that you can be available in all the settings that you are a part of. For example, if you are in the office and you want to trade during your lunch break, you should be able to do that. Or, if you are a traveling soul that goes from place to place many times in a week, you should be able to use the software while traveling. You don’t have to wait for yourself to come back home before you can start trading again. I have to tell you here that you will not have any restrictions and limitations when you go with the Go4Rex trading platform.
This platform has been designed for you to use it the way you want. You can have it on your Android phones and iPhones. You can use it on your Windows computers and Macs. The best thing is that you can use it without the worries of the operating system that you have on your device. I also have to admire the efforts that the broker has put in to make this trading platform as useful as possible. If you are looking for some modern and advanced charts and graphs, as I have mentioned before, you will not have to look beyond the software you are already on.
There is no need to have a ton of experience before you sign up with this company. That’s the requirement with some other online platforms and I am saying that from my personal experience. Now, if you notice those companies, they are not really telling you straightforwardly that you have to have a lot of experience. However, when you look at the particulars of their trading accounts, you will realize that they are demanding a lot from you. The first thing that bothers me about them is that they don’t have enough accounts for all types of traders to choose from.
Secondly, they have some really high requirements that I cannot even seem to think new traders can ever fulfil. For example, they will ask you to deposit thousands of dollars before you can trade with them. Yes, if you think they will ask for thousands of dollars even for the basic account, you are right. On the other hand, you have five different accounts types from Go4Rex, an each account type is meant for a different trader profile. The basic trading account is so affordable that only $250 is enough for you to step in the world of trading with the broker. If you want to go with other accounts, you will still not have to spend too much money.
For example, if you look at the second account on the list, you will find the bronze one. The bronze account is meant to offer you a lot of additional benefits over the basic account. Yes, there is a high amount for you to pay to start this one, but the difference is not that huge. So, with just $1000, you can start with the bronze account. The amount for the silver account, on the other hand, is no more than $2500. You can see that these amounts are still pretty affordable if you consider three different traders with different experience levels.
As you start moving up in the accounts ladder, you will notice that your standard commissions are also going down. They are standard with the basic account, but as soon as you move to the bronze account, you have a 15% discount on your commissions. This discount can go up to 85% when you go with the platinum account. In other words, all these perks are for you if you are ready to sign up with the trading services provider.
I am quite sure that you are going to love the leverages that you can enjoy with Go4Rex. I have seen a variety of online platforms that talk a lot about leverages. The first thing I am apprehensive about is the lack of information about leverages. Almost all the new traders think that leverages can only increase their profit margins on trades. What they don’t realize is that the opposite can also take place if they use leverage but are not successful with their trade. So, while you are thinking about increasing your profits, a trade ending in loss will have amplified losses as well due to the leverage.
So, it makes sense for new traders to have a small leverage compared to traders who have a lot of experience. That’s exactly what Go4Rex has done with the leverages for its traders. If you notice, the first three accounts, which are meant for only basic and semi-advanced traders, get the same leverage. The leverage will be no more than 1:200. In contrast, you will start seeing an increase in the leverage if you go with the advanced accounts. Your leverage with the gold account is 1:300. To make things better, the broker is giving you leverages of 1:400 on platinum account.
You can see that there is no shortage of options and choices when you sign up with this company. The thing that should make you happier is that you are getting such good leverages despite your trading spreads being very low. You have a company that is competing with very tough competitors. You will hardly find another trading services provider with spreads to tight.
In the end, I would like to talk about customer support from Go4Rex. A company that is continuing with regulated operations is definitely bound to offer only the best to its traders. You can see that from the level of customer support you will get from Go4Rex. In my opinion, customer support is not the strongest suit of the online trading industry. You are usually limited to get help from frequently asked questions or just an email. While you get to take advantage of both these options with Go4Rex as well, there is something. Right on the contact us page, you will see multiple phone numbers.
If I have to be precise, there are ten different phone numbers on the website that are for different countries. When you want to talk to the company to get help, you can pick the number that is for your country specifically. Isn’t that something special?
I don’t know if you are signed up with a broker right now or not. I am not sure if you are getting the best trading experience of your life right now. However, what I can tell you is that you are definitely going to appreciate the experience of trading you will have with Go4Rex. From expert-level training in personal training sessions and through webinars to discounted commissions and huge leverages, you will get it all once you sign up on this one of the best trading platforms for traders from around the world.