The beginning of the 21st century brought about numerous changes in everyday life. There was a time when you couldn’t have imagined shopping any other way than by going to the store. No one could have thought about studying from home or not having to travel to the office for work. Yet, all of this is a possibility today and it is all because of the advent of the internet and the technological advancements that have happened over the years. Different aspects of our personal lives have been simplified and there have also been changes in industries and the way they operate.
One of the markets that have experienced significant change is trading. The trading of financial instruments has been around for a long time. Who hasn’t heard of the stock market or the forex market? Even if you don’t participate in trading and work in a completely different field, you have still probably heard about them. They are notorious for their risks and the potential of generating huge returns. For a long time, people had to physically visit brokers, do negotiations and trade financial instruments of their choice. There were complexities involved, like a great deal of paperwork, and they had to put in a lot of time and effort to make the most of it.
Things are different now and it is all because of the advancements that have been made in the last few decades. Online trading has become a reality, which means people don’t need to go anywhere to trade and they can also have complete control over when and how much they want to trade. The barriers to entry that existed before have been eliminated and the trading markets are now open for everyone. Whether you are interested in earning supplementary income or you wish to make a career in the markets, you can do it without any hassle.
Nowadays, this space is attracting a great deal of attention and this is primarily due to one of the latest innovations i.e. cryptocurrencies. In 2009, the first cryptocurrency called Bitcoin was announced by Satoshi Nakamoto. It has been more than a decade since then and the market has expanded rapidly during this time, with cryptocurrencies being regarded as currencies of the future. Even though they are volatile in nature, the fact that they can offer high profits due to this volatility has proven to be extremely tempting for people who want to make high returns in a short time span.
Bitcoin is no longer the only cryptocurrency in the market and there are plenty of options to explore and diversify into. But, to be able to trade crypto online, you will first have to look for a broker, much like other financial instruments. Yes, you need a brokerage for online trading as well, and there are a number of options to be found in the market. Some of the traditional platforms have also incorporated cryptocurrencies into their asset offerings, but the problem with these is that the choices are quite limited.
Most of these platforms only give you access to the leading cryptocurrencies in the market, while there are thousands of other options all waiting to be explored. In this situation, it is a good idea to look for a broker that only deals in cryptocurrencies. This will give you access to more options and also provide you with the learning resources and trading tools that are needed for trading these digital assets. Do such companies exist? Indeed, AOS-Exchange is a cryptocurrency broker that is offering its services to global traders, no matter what their background.
Whether you are someone who has trading experience under their belt or are fresh out of the door, you will be able to use AOS-Exchange services to trade cryptocurrencies. But, before you commit yourself, it is best to check what features they have to offer and if they will be able to meet your needs. Bear in mind that not every platform can do so, and it is better to be safe than sorry, which means you should do your homework.
|Trading Accounts||Trail, Basic, Trader, Pro Plus, VIP, Millionaire Club and VIP Ultra|
|Trading Tools||Market news, webinars, price alerts, risk management system and social trading|
|Education and Training||Yes; books, videos, tutorials and other learning material|
|Customer Support||24/6 through email, online contact form and phone|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering) policies|
|Parent Company||AOS-Exchange Ltd.|
Feature 1: Online Trading Platform
There are hundreds of features of a brokerage that you would want to check to see if they are as good as they claim to be, but the most crucial of them all is their trading platform. Why? This is where most of your time will be spent. After all, it is the software you will use for executing your trades, keeping an eye on the market, and which provides you with trading tools. If the platform has any issues, whether it is in terms of speed, features, or any other aspect, it could have a drastic impact on your experience and your profitability.
There are different kinds of platforms that can be found in the market and it is up to the company to decide what type they want to go for. AOS-Exchange has developed its own proprietary web trading platform for its clients. The first thing you will come to know about it is that it is fully online i.e. you don’t have to download and install this one anywhere. It is accessed through the company’s website and instantly connects you to the crypto space. The platform is powered by state-of-the-art technology and equipped with advanced trading tools for delivering an optimal trading experience.
Nonetheless, this doesn’t mean that it is too complicated or difficult to use. As aforementioned, AOS-Exchange is offering its services to traders of all levels, so they have ensured that their platform is easy to use and navigate. Even if you have no prior experience, you will have no issues in figuring out how to use the platform. You will get access to the latest market news and enjoy ultra-fast trade execution that allows you to take advantage of even the smallest price movements in the crypto markets. The platform also gives you the prices of all cryptocurrencies in real-time.
There are other tools that you can also benefit from, such as advanced charting tools, technical and fundamental analysis tools, and trading indicators. Moreover, the best thing about AOS-Exchange’s web trading platform is that it offers cross-device functionality. You can use it on your desktop PC, your laptop or mobile devices as well. This enables you to enjoy trading on the go because the platform is accessible on both iOS and Android ecosystems, so you can trade no matter where you are.
Feature 2: Access to Cryptocurrencies
The whole point of looking for a broker and thinking about using their services is to be able to trade cryptocurrencies. You also want to tap into their potential and make some returns, like others have done. But, since these are volatile instruments, it is safer to spread your investment in as many options as possible. As stated earlier, not every company will give you this option and your goal is to find one that will. So, where does AOS-Exchange fall into that regard?
You will come to know that they have put together a solid combination of cryptocurrencies for their clients. Whether you want the leading market options or some of the lesser-known ones, you will have enough to choose from. Some of their prominent offerings include:
- Bitcoin: Of course, every broker has to offer Bitcoin, the first and leading cryptocurrency in the market. Launched in 2009, it kick-started the whole space and is now ruling over it. There will only be 21 million Bitcoins that can be mined, which makes it scarce and has further added to its value. It is one of the most profitable choices for any trader.
- Ethereum: Ethereum is actually a blockchain that was introduced on July 30th, 2015. The cryptocurrency that can be traded on it is referred to as Ether, but people use Ethereum for the digital currency as well. It is the second-largest crypto in the market in terms of capitalization and offers a great deal of versatility.
- Litecoin: Announced in 2011, this cryptocurrency is quite similar to Bitcoin, offering faster transaction speeds. It is regarded as the silver version of Bitcoin and is competing with Ethereum for second place in the market. This one also comes with a total cap of 84 million coins.
- Zcash: Another cryptocurrency that’s regarded as similar to the pioneer is Zcash (ZEC), which is based on a decentralized blockchain, but it offers more anonymity because everything is encrypted on it. It also has a total supply of 21 million, which will be issued over 131 years.
- Bitcoin Cash: This is defined as a hard fork of Bitcoin, which was introduced on the 1st of August in 2017. This fork was introduced because there were some disagreements over the consensus rules for Bitcoin.
- Monero: One of the most popular privacy-based cryptocurrencies is Monero, known as XRM, which was founded in April 2014. The development team did not keep anything for themselves and have come up with this coin through the support of the community and donations. It is easy to mine but does have a high volatility, which makes it quite profitable.
Along with these cryptocurrencies, you will find that AOS-Exchange also gives you the freedom to invest in IOTA, DASH, NEO, Ox, NEM, and more. With these options, it is easy for any trader to be able to diversify as much as they want.
Feature 3: Quick Account Opening
One aspect of using a broker’s services that often intimidates traders is their account opening process. If you have done some research into trading, you will find many people complaining about platforms that make it very difficult to open an account. They have an endless number of forms to be completed, contracts that need to be signed, and approval requirements that can be time-consuming and frustrating. This makes the process very daunting for people, so AOS-Exchange has kept their requirements easy for everyone. There are no hoops that you have to jump through when you wish to use their services.
To create an account with them, you can visit the AOS-Exchange website where you will see the option on the top right. Clicking on it opens up one form that you will have to complete and it asks for some very basic details. These are:
First and last name
Country you are in
After you have entered this information, you will be asked to agree to AOS-Exchange’s Terms & Conditions. These you can find on their website and can go through them to see what their services involve. In addition, you have to be at least 18 years old in order to use their services and they will ask you to confirm this. The account opening process is complete here and there are no other lengthy or annoying requirements or approval procedures that you have to put up with.
Feature 4: Diverse Account Options
Account options are provided by almost every broker to its clients, especially those that are offering their services to traders from different backgrounds. Each account is meant for traders of different levels of experience, skills, and background. Most platforms will usually come with three to four options, but these can still be quite limiting. AOS-Exchange has offered seven account options for facilitating traders as much as possible, giving you more room to find an account that works for you. These options include:
- Trail: The first account option that you will find comes is Trail, which comes with a minimum deposit amount of €500. It offers simple features, such as videos about the system, market news and the latest news, specialist opinions, a learning center that boasts tutorials, and full customer support. You get regular spreads and a leverage of 1:100 to start trading cryptocurrencies.
- Basic: If you are a beginner in the market, the Basic account can suit your needs and it can be opened by depositing a minimum of €5,000. The leverage is increased to 1:150 in this account and you can enjoy lower spreads. It also provides traders with a personal account manager for their guidance and a risk manager as well.
- Trader: The next level you will find on AOS-Exchange is called Trader and a deposit of €10,000 is needed for opening this one. Once again, your leverage is increased to 1:200 in this account and now a senior account manager is provided for assistance. There is a risk management system in place and webinars that you can watch for learning the ins and outs of crypto trading. Social trading is another feature that’s added to this account for the ease of traders.
- Pro Plus: Intermediate traders who have some market experience and knowledge can go for this account, which will ask them to deposit €50,000. They get a private senior manager, a private risk manager and a private market analyst to assist them in the trading process. The leverage in this account is set at 1:250 now and traders can also get private lessons from experts to polish their trading skills.
- VIP: To cater to skilled traders, the VIP account has been developed and this one needs a minimum deposit of €100,000. The leverage in this account is now 1:300 and it gives invitations to conferences, allows traders to join a Traders’ Group Club, and comes with other gifts. They can also meet with traders’ in-person to tap into their knowledge and expertise. A senior market analyst is also available.
- Millionaire Club: This account is for advanced and expert traders and they have to deposit a minimum of €500,000 for it. They receive a leverage in this account of 1:350 and can make worldwide broker connections. A private support manager is also available and they are also given private banking. Hedging strategies are prioritized here and traders get a personal team with a group leader.
- VIP Ultra: The last account option that you will find on this platform is VIP Ultra and you need a minimum deposit of €1,500,000. This is an exclusive account option and is only available to professional traders. You cannot just sign up for it directly on the broker’s website, as there is a criteria that you have to meet. You are given a leverage of 1:400, along with 70% insured contracts, yearly conference invites, interest accumulation programs, Black cards, strategy advisers from various firms, risk specialists, and hedging automatic traders to make trading easy. You can find more details about it from your account manager.
Feature 5: Strong Security Protocols
When you are registering with a brokerage and using their services, you have to provide them with a lot of personal information. Likewise, you also have to deposit your money with them. Suffice it to say, you are exposing yourself and you want to ensure that you are not at risk. After all, the number of cybersecurity incidents has risen and there have been a lot of reports about people having their identity compromised or their identity stolen. You don’t want that to happen to you, so you have to make sure that the company you decide to trust has proper security protocols in place.
AOS-Exchange is aware of the situation and they have not made any mistakes in this regard. Their website is SSL (Secure Socket Layer) secure, which means that they have used encryption for protecting all information that’s entrusted to them. This includes your personal and sensitive data, along with any communications that you have with the broker. Apart from that, they have also opted to use the AML (Anti-Money Laundering) and KYC (Know Your Customer) policies. These can go a long way in reducing financial risks, such as money laundering and even terrorist financing. It also brings down the possibility of identity theft because people have to verify their accounts before they can sign up on their platform.
Feature 6: Convenient Payment Solutions
Money is an important part of trading; after all, you are in it for the money. Therefore, you need to take a look at the payment solutions because you have to make deposits and withdrawals. Not every broker is going to give you the same options, so it is a good idea to check and ensure you have solutions that are convenient for you. At AOS-Exchange, you can use credit cards for making your deposits, including Visa and MasterCard.
If not, you can try bank wire transfers where your bank account can be used directly. They have also added some online payment methods for the traders’ convenience, such as Neteller. AOS-Exchange allows you to make your deposits in USD, EUR, or any other currency you want. These methods are available for deposits and withdrawals alike, but there are some costs involve where the latter is concerned.
Along with these features, AOS-Exchange also offers you educational resources to improve your knowledge and understanding of cryptocurrencies, so you can reduce the chances of any mistakes. They also have top-notch customer support available 24/6 via different channels in case you have a problem with anything during the trading process, which can make the trading process easier for everyone.