Has the trading world caught your attention? You are certainly not the only one who is contemplating stepping into the trading market, as cryptocurrencies have drawn the attention of millions of people all around the globe. Even those who were previously skeptical about investing in the financial markets are now ready to try their luck. The good news is that there are no such barriers to entry that you have to put up with. You just need to have some money to invest and you can get started, even without any education, knowledge, or experience for that matter.
But, one other thing that you do require to begin your trading journey is a broker. They are your bridge into the world of trading, as they provide the platform, the tools, and the services needed during your trading journey. Online brokers are plenty in number and you will certainly not face a shortage in options. The only problem here is that no two brokers are the same. You cannot just pick the first broker that you will find because they may not be the right fit for you. Choosing a broker without looking into their offerings can set you back a long way.
Obviously, you don’t want to deal with the hassle of signing up with a new broker after every few weeks. Therefore, it is best to do your research the first time and make the right choice in one go. One brokerage that will cross your list is Neuer Capital, which was founded by a Seychelles-based firm, Expand Solutions Ltd. It is a CFD (Contract for Difference) broker that specializes in cryptocurrency trading and gives you access to some of the top cryptocurrencies in the market, such as Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash.
However, you cannot make your decision based on what assets are available alone. There are other factors that need to be taken into account before you make your final decision. Let’s take a close look at Neuer Capital and its offerings before you form an opinion about it:
Trading Platform at Neuer Capital
First things first, you need to know what trading platform is available when you sign up with Neuer Capital. You will come across a web-based trading platform that can be accessed via the browser. This saves you from the inconvenience of having to download and install anything. Plus, you can also enjoy flexibility because it can work on any device supporting a web browser. Offering ultra-fast trade execution, the trading platform is easy to use and doesn’t come with a learning curve, thereby making it simple for everyone. Most importantly, it boasts some of the most sophisticated trading tools, including advanced charting tools, trading indicators and graphical analysis tools, real-time quotes, and one-click trading features.
Security Environment at Neuer Capital
The security features of a broker are of the utmost importance, given the number of cyberattacks that are taking place nowadays. You want to ensure that your money and your information doesn’t fall into the wrong hands. Neuer Capital is aware of the security concerns of traders and the broker has taken steps to mitigate them as much as possible. Firstly, the broker uses 256-bit SSL (Secure Socket Layer) encryption for all information and communication that is shared by traders. This ensures that no outsiders or third-parties can make use of any information.
Secondly, you will also find that Neuer Capital complies with the KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. In accordance with international regulatory standards, these policies can reduce the risk of identity theft, money laundering, terrorist activities and other financial crimes. These require traders to provide some documentation for giving proof of identity and residence before they can use the broker’s services.
Account Options at Neuer Capital
Opening an account is a vital part of the process of using a broker’s services. Nearly every broker will give you several options to choose from and Neuer Capital has done the same. However, what makes the broker different is that they have incorporated a total of six account choices rather than the usual three or four. These six account options are Basic, Bronze, Silver, Gold, Platinum, and Black. The minimum deposit needed for every account varies, with the lowest being €1,000 and the highest being €250,000.
The last account i.e. the Black one is a special account that comes with special requirements for opening it. Some of the features that have been added in these accounts by Neuer Capital include customer support and access to educational resources. Account managers are also provided for guidance. There are some features like one-on-one training and personalized trading strategy that are only available for specific accounts. Take a look at each option before you decide which account to open.
Educational Resources at Neuer Capital
When you are new to the trading world, you obviously have a lot to learn and in this situation the educational resources offered by Neuer Capital can come in handy. The broker has put together a range of learning material on its platform in order to ensure that every trader, no matter what category they belong to, can avoid making trading mistakes and keep up with the evolving trading market. You will come across an Education section on the broker’s website where they have provided e-books, interactive courses, videos, and tutorials full of information. There are in-depth courses as well, along with webinars conducted by market experts.
Customer Support at Neuer Capital
Support is an important aspect of any brokerage and Neuer Capital has added various channels to assist their clients. First, you will find an FAQ section on their website where they have provided answers to any questions or queries you may have. If you have a unique issue, you can reach out to their team via phone, email, or an online contact form on the website.
Neuer Capital provides you with a well-rounded platform and features to help you start your trading journey.