I am a trader just like you. If you are new to trading, the only difference between you and me is of the experience. I was a new trader just like you a few years ago. However, I have been associated with the online trading industry for quite some time now. Based on that, I can tell you that there is a lot that you have to know before you pick a broker and start trading with it. My intention with today’s review is to help you find a broker that you can feel happy trading with. At the same time, I want you to feel safe with every trade and step you take on the trading platform of this broker.
Today, I will talk about FinuTrade, which I think is a broker that can give you a true sense of security while you are trading. Here’s what you need to know about the broker to have your own opinion about it.
FinuTrade – Low Risks and Great Safety
Information Is Always Encrypted
With this broker, you don’t have to ever worry about any compromises on the integrity of your information. I have heard about many online brokers who were not serious with the idea of protecting the information of their traders. As it turns out, they lose a lot of sensitive information of their traders in the hands of online hackers and cyber criminals. If you don’t want to be in the similar situation, you want to sign up with a broker that can encrypt all the information that you provide it with on the website. That’s where a broker like FinuTrade comes in.
What I like about this broker is that it protects your information as soon as you enter it on the website. It makes sure to use only the latest encryption standards, which the online hackers and snoopers find nearly impossible to break.
Anti-Money Laundering and KYC
You will be glad to know that this broker worries about the integrity of its services and the online trading platform. There are some brokers who don’t have the best measures in place to recognize their traders. As a result, their online trading platforms are sometimes used by illegal entities. These are people who have stolen the money from their countries through illegal means and are now looking for a safe place to hide that money. Is there something you can do about this situation as a trader? Well, the reality is that your broker is there to help you with this situation.
If the broker is operating with the latest and safest procedures, it will protect your interests in every way possible. It will ask for your personal information to identify you as a unique person. In addition to that, you will have to use the same method of withdrawing money that you use for depositing money in your account to make sure that the broker recognizes you. Last but not least, you will have to submit your personal information in addition to authentic information on your physical address. Without these pieces of information, you cannot sign up with a broker like FinuTrade.
Demo Account to Start With
You never want to waste your time with something that’s not going to help you learn trading. When you sign up with online brokers, you will notice that some of them offer you a demo account. This is the account that you can use for practicing how to trade before you really start trading. In addition to that, the demo account allows you to learn the ups and downs of the market. You can also see how the trading platform works before making a blunder and losing the money you have in your account. In other words, there is no room for you to make a mistake because there is so much to learn.
The demo account from the broker will let you trade any instrument and asset in any financial market without any issues. The amount in the demo account is credited through dummy currency. You spend this money to see how markets and trading work, but this same currency will not work locally or anywhere in your country.
Trade on Your Favorite Device
Perhaps, you have many devices and you use them one by one during the day for different activities. If this is your lifestyle, you might not like signing up with a broker that puts limits on how you can use your trading platform and from where. In the modern world, you should be able to use your trading platform from wherever you are in the world. In addition to that, you should not be limited to using a particular device just because you use a trading platform that does not work on the device you own. FinuTrade will help you greatly in this particular scenario. The broker has provided you with a trading platform that you can use in just about any form you like.
Are you interested in trading from the comfort of your bedroom? If that’s the case, you should go with the downloadable version that you can use on your computer. If you want fast and reliable trading while on the move, you can go with the mobile trading platform. Not to mention the fact that the trading platform from this broker runs on just about any operating system out there. Whether you have iOS, Android, Windows, or some other operating system on your device, this trading platform will work just fine.
I have always believed that safety is the most important concern for any trader when they sign up with online brokers. You might be willing to take a risk on a trade that is expensive, but you never want to risk losing all your money and valuable information by signing up with a broker that does not promise to protect them. Last but not least, if you have any issues with the services of this broker, you can always use the phone number to call the customer support and get the help you need.