There is no denying that online trading can be quite tough if you do not register on a suitable online trading platform. This is a very critical step you have to get right to ensure that you succeed in this domain. If you are on the search for a top-quality online trading firm that delivers on all fronts constantly, then 500.trade is a safe bet.
Hundreds of online traders sign up with them on a daily basis and that shows how popular the platform really is. This article looks into the best features of 500.trade you ought to know about to understand why it is better than its competition. Read on to find out more.
Several Types of Trading Accounts
If you have explored the sites of other brokers and trading firms, you would have most probably seen that majority of them just offer a single type of account. The problem with that is usually such accounts have very high deposit requirements that newcomers or those with limited investment are not able to afford. Needless to say, if cannot make the deposit threshold, you will not be allowed to create an online trading account.
I would like to highlight that there is no such concern when you trade on 500.trade. They offer 5 different types of trading accounts- Basic, Bronze, Silver, Gold and Platinum. All of these have their own deposit requirements and you can pick accordingly. If you are someone with limited funds, the Basic account is probably best for you where you can begin trading with just 25o euros.
On the flip side, the Platinum account is probably the best choice if you have greater investment at hand. This is the bets type of account for you if you want to scale up rapidly and diversify your online trading portfolio in a short period of time.
When it comes to security and safety of the traders and their personal details, 500.trade does not disappoint at all. In fact they have a strong reputation in the market for being one of the safest and securest places to trade online. Are you wondering how so? It is because they have installed a number of powerful security elements in their trading system to ensure all online traders around the world who trade with them have completely peace of mind when they carry out their numerous transactions.
Whether you want to make a deposit on the platform or update sensitive information that links to your account, you can easily and safely do it on 500.trade without worrying that any funds or details will get hacked by a 3rd party. 500.trade uses a firewall and encryption technology to protect all user information from external threats. Hence, you may rest assured that there is no chance someone can hack your information, access it or abuse it in anyway.
Apart from these security features, 500.trade also enforces verification procedures to verify the identity of every person who sign up on the platform. This particular feature makes sure that you do not fall victim to identity theft.
One of the best things about the 500.trade trading platform is its customer support. Their representatives work alertly round the clock six days a week and you can count on them anytime you want. Whether you need help with something in any stage of your trading journey or have a general question of any kind, their customer team is always there for you.
To contact them you can just send them an email highlighting your question or issue, and one of their people will get back to you shortly with an effective solution. You can also call them on their number to receive quicker assistance. Another approach is to use the live chat option on their website to connect with one of their people right away. This is a very useful communicating tool which most traders use round the world.
Another important thing you should know is that all customer support representatives of 500.trade are very experienced individuals who have full knowledge of all aspects of online trading. What that means is that you may rely on any information they provide you as it will be free of any inaccuracies or errors of any kind.
Algo trading is a relatively new concept and a very useful feature that only a few online trading firms worldwide have adopted. 500.trade is one of them and any online trader is free to make use of it to enhance his or her trading journey. How this feature works is that you give a set of trading instructions to a computer program and the program uses these instructions to place trades on your behalf. As a result, you can save a lot of your time as you will not do any trading yourself and can instead count on the computer program to take care of everything for you. You just have to sit back and reap the trading profits!
Using this feature is ideal for you if you do not want to be too involved in your online trading journey. Also, when you use this feature, you can execute trades very quickly and that translates into more profits within a certain time frame.
To summarize, 500.trade is a very impressive online trading platform that has almost everything you require to begin your trading voyage. It does not matter whether you are a trading expert or a beginner in the industry, you will find it very easy to use the 500.trade trading software which has been designed to help you flourish as a trader. On top of everything else, the platform has a lot of credibility in the trading industry. To trade with them, go to their site, pick the type of trading account you want and start trading after wiring your funds. Easy right? Sign up today and begin your trading journey. When you look back, you will be pleased you chose 500.trade!