24Trading Broker Rating
24Trading is an online trading platform dedicated to cryptocurrency trading, if you don’t have time or knowledge enough for day trading 24Trading is a good choice for you as the broker offers investment account with auto trading technology. You can sign up with 24Trading in the link below or read our full 24Trading review to learn more.
Online trading has existed for more than a few decades now, but the recent increase in its popularity hasn’t been seen before. Some of this is because of the hype surrounding cryptocurrencies that are in high demand in the financial markets and the global COVID-19 pandemic also drove people towards trading as a means of earning money. Regardless of the reason, a massive number of people have joined or are eager to be part of these markets and to be able to do so, you have to find a broker. Sure, the internet has made it easy for people to find anything and you will come across a number of options when you start looking for a brokerage.
But, it is essential to note that no two brokers are the same and some of the platforms out there may just be scams. Would you be willing to take such a risk with your money and your information? Probably not. Hence, you need to understand why it is a good idea to opt for one platform over the other. This also applies to 24Trading that was founded by Grey Matter Ltd., a company located in St. Vincent and the Grenadines. It has become quite well-known, but why should you use their services. You can check out the following 24Trading review to know the top reasons to opt for them:
Reason 1: Variety of instruments
If there is one reason to sign up with a broker, it is their asset offerings. After all, the profits you make will depend a great deal on the instruments you are trading, so they have to be good for you to make your desired returns. The problem is that many brokers out there promise to give you access to the best and most profitable instruments in the market, but are rarely able to deliver. You will not have this problem with 24Trading because they have claimed exactly what they offer. They provide their clients access to the top financial markets in the world.
You will be able to invest in your favorite instruments from different markets with ease, allowing you to create a diversified portfolio. It is how you can reduce your risks and improve chances of high returns. They enable you to trade in the stock market and try your luck with stocks of companies like Google, Alibaba, Apple, JPMorgan and PayPal, or you can check out indices on 24Trading that are some of the most notable ones like FTSE 100, Dow Jones and NASDAQ 100.
They have added forex currency pairs that give you a chance to trade in the world’s biggest markets. These pairs include EUR/USD, USD/CHF, AUD/NZD, EUR/GBP and GBP/USD. If you prefer digital currencies, you will be able to trade the most renowned options at 24Trading like Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ripple. Commodities are another market that can be accessed here and you can find soft commodities like wheat, rice and coffee and hard ones like gold, silver, platinum and palladium.
Reason 2: A secure trading environment
Given the increasing number of hacks and other cyberattacks, there is no doubt that you would want a broker that prioritizes security. You will discover that 24Trading falls in that category because they have taken the necessary steps to offer a secure trading environment to their clients. They give you protection from DDoS attacks, keep your trading account secure with two-factor authentication (2FA) and provide 3D payment security. You will also find that they comply with the Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies.
These are used internationally for reducing the risk of financial fraud, terrorist financing, and money laundering and identity theft. Since documents have to be submitted for proof of identity and address, criminals cannot create an account on 24Trading to use their services. They also use full data encryption to protect all sensitive and confidential information. Segregated customer accounts are also maintained for keeping client funds separate and safe from misappropriation.
Reason 3: An easy-to-use platform
You will find that a web based trading platform is provided for trading at 24Trading and it has all the necessary features and tools needed for a smooth trading experience. They have used state-of-the-art technology to offer one-click trading and lightning fast trade execution, allowing traders to take advantage of every single price movement. As it is to be accessed via the browser, you don’t have to worry about downloading or installing it anywhere. It can be used on any device supporting a web browser, anytime and anywhere.
The user-interface is simple, allowing every trader, whether beginner or expert, to use it without any problems. Furthermore, you will find that 24Trading has incorporated some of the best trading tools, such as fundamental and technical analysis, trading signals and indicators, market reviews and research, the latest news, price alerts and an economic calendar. The layout is also fully customizable for your convenience.
Reason 4: Robust customer support
One of the best things about 24Trading is that they are aware of the importance of customer support and have made an effort to provide their clients with it as per their needs. It can be frustrating to have to wait for a response and can also result in losses if you don’t get help on time, if you are stuck with a trading problem. Luckily, you will discover that 24/7 customer support is offered to you and there are different channels that you can use for this purpose.
You can get in touch with their agents via call, email or use the live chat option. In fact, a callback can be scheduled at your convenience by filling out the online contact form on their website. An FAQ section has also been made by 24Trading where they provide answers to common questions and you can see if your problem is answered there, before you use the customer support option.
Put all these reasons together and add numerous account options, educational resources and an easy registration process and you will see that 24Trading is a solid platform for your trading journey.