You can unlock the doors to the financial markets with the help of FinuTrade, a broker that boasts about its impeccable trading services. This FinuTrade review will highlight the prominent features it offers to help its clients.
The concept of trading instruments in the financial markets has been around for centuries. Some of the richest people in the world accumulated their wealth through these markets and this has remained the trend for decades. Therefore, it is not surprising that many people also wanted to jump in and make their own fortunes, but this was easier said than done. First off, they had to have a great deal of knowledge about trading and the financial markets, a hefty capital was also needed, along with time and attention. This meant that only those who were willing to have a full-time career and had money to invest could venture into this space.
Those who needed a regular paycheck couldn’t delve into trading because the return was uncertain and there were no guarantees. But, things did change and it was when online trading was introduced. The world started going digital and this revolution also happened in the trading space. Rather than having to go out, you could now access the financial markets right from your home, or anywhere else. However, the biggest benefit for people was that they no longer needed to quit their jobs to trade in the financial markets and neither did they need a large amount of money to begin.
Online trading enabled them to trade from anywhere and anytime, so they were able to do their jobs and trade part-time. As for the investment, it was the brokers who facilitated online trading who enabled people to do so. They came up with different account options to cater to traders of all backgrounds, including those who were new to the trading space and didn’t have a lot of money to invest. Even before trading shifted online, these brokers had played a very notable role in trading and they have continued to do the same after the transition as well.
They remain the key element in the online trading process and they have the responsibility of providing people with the software, tools and other services that are needed for it. The number of these brokers has grown steadily over the years, due to the increase in demand for them as a greater number of people have flocked towards the financial markets. Therefore, when you want to trade and begin looking for an online broker, you will find a sea of options to choose from.
This is certainly a good thing because it gives you room to find a broker that will be able to meet your specific needs, but it is important to remember that not all fish in the sea are the same. The type, quality and extent of trading services can be quite different and it falls to you to find a company that delivers what you are after. It should also be noted that some of these brokers may also be fraudulent, as cybercriminals have pervaded this space in order to exploit people. You have to ensure that you don’t sign up with a scam because this can lead to losses, and not just monetary ones.
The best way to accomplish this is by being thorough in your study of a broker before you choose them for fulfilling your trading needs. This means you should be aware of their prominent features and it applies to FinuTrade as well, when you are considering opening an account with them. Based in Mauritius, it is a relatively new firm in the market, but has managed to distinguish itself quite well. All of this is because of its offerings and you need to know what they are. Let’s check them out in this FinuTrade review:
|Assets Coverage||Forex currency pairs, Stocks, Cryptocurrencies and Commodities.|
|Trading Tools||Trading Indicators, Economic Calendar, Calculator, Signals, Live Charts, Technical Analysis Tools and Reports, Price Alerts, Market Research, and Risk Management Tools|
|Education and Training||Yes; e-books, online video courses, webinars, seminars, tutorials, latest market news, guides and in-depth research|
|Customer Support||24/5 support via email address, phone number online contact form and an FAQ section|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
|Parent Company||FinuTrade Holdings LTD|
1st Feature: Extensive asset index
If there is one feature that has helped FinuTrade in distinguishing itself, it is their extensive asset index. There are numerous financial markets and each of them is brimming with different instruments that can be traded by people looking to make a profit. This means there are literally hundreds of thousands of options that can be explored. But, the fact is that not all of them can offer the same returns. There are some instruments and markets that are not as popular and not as volatile. This affects their profitability as well.
Every broker you come across doesn’t offer you the same trading instruments. Some of the ones operating in the market prefer to focus on only one market or a handful of options. This could be because they are catering to a specific class of trader, such as beginners, or skilled traders. They design their asset offerings accordingly, in order to appeal to their target market. Likewise, you will find others that prefer to add as many assets as possible because they want to welcome traders of all types.
Hence, before you can make your decision, it is important to know what kind of asset index a broker has to offer, particularly because it will determine if you can achieve your goals with them or not. If you are after a specific goal and prefer particular instruments, you need to verify the broker can deliver them to you. This doesn’t mean that you just take their word for it because many companies will make tall promises to attract people to their platform, but may not be able to fulfill them.
To avoid any disappointment to save time, you should verify their claims and this is exactly what you should do in the case of FinuTrade when you are checking this broker out. Their asset index comprises of assets that belong to 3,000 financial markets, which means you will have a huge variety at your disposal when you decide to use their services. This extensive asset index allows all traders to find an instrument they want to trade. Plus, it can also be helpful in diversification, as people will have no problems in spreading out their investment across as many financial markets as they like.
This can be a great way of minimizing your trading risks and maximizing your profits. Take a look at some of the top financial markets you can access here:
Commodities: One of the oldest financial markets in the world is the commodities market and it is known for providing people with consistent returns. The instruments in this market are relatively low risk and there is a huge array for you to choose from. A combination of hard and soft commodities have been incorporated by FinuTrade for its clients. The former refers to precious metals, such as gold, silver, copper and platinum, while the latter defines agricultural items like wheat, coffee, corn and sugar. Energy commodities, such as crude oil and natural gas, can also be found.
Stock: Another financial market that’s well-known all over the world is the stock market. Many people have made their fortunes from trading shares of some of the biggest companies globally. You will come across a number of names on FinuTrade including Apple, PayPal, VISA, Netflix, Tesla and BMW.
Forex: Known as the largest financial market in the world, the foreign currency market has a daily trading volume of more than $5 trillion. There are hundreds of currency pairs that can be traded here and FinuTrade has added some of the most profitable ones for its clientele. EUR/USD, GBP/USD, USD/JPY, AUD/NZD and USD/CHF are some of the options that traders can explore.
Cryptocurrencies: The digital currency market has wreaked havoc in the financial industry and has helped many people in earning huge profits in a short amount of time. You will be able to trade some of the most popular and renowned cryptocurrencies at FinuTrade and these include Bitcoin, Litecoin, Ethereum, Bitcoin Cash and Ripple.
2nd Feature: Top-notch security features
There is no doubt that online trading has brought about a lot of conveniences and ease in our lives. Traders no longer have to go anywhere and can trade easily, regardless of where they may be. The flexibility and simplicity of being able to trade online is incomparable, but you shouldn’t forget the risks associated with it. The internet is a stomping ground for cybercriminals who are on the lookout for any opportunity to profit at the expense of others. When you trade online, you could be targeted by these con artists in one way or another.
Initially, they were only after the money, but now even your personal information and confidential details can be stolen and misused. These are massive risks and it is one of the reasons why people hesitate in paying for anything online, or sharing their data. The problem is that it is not a step you can skip when you want to trade online. Signing up with a broker means that you have to share a great deal of your personal and sensitive information with them. Moreover, you will also be required to deposit money in order to trade, which means you will be exposed to cybersecurity risks.
Hence, it is the responsibility of the broker you choose to provide safety, allowing you to focus on your trading without constantly fretting over the security of your funds and your data. The good thing about FinuTrade is that they have taken this responsibility very seriously and you will come to realize this when you check out their security features. They are fully aware of the concern of traders and the severity of these risks, so they have taken steps to mitigate them as much as possible. Firstly, they have chosen to use high-end and modern SSL (Secure Socket Layer) encryption for protecting all sensitive data.
This encryption becomes applicable as soon as you provide any data to the broker. All information they accumulate, including any communications, are encrypted straight away to prevent any misuse by cybercriminals. Even if the FinuTrade system is hacked at any point, your data will remain safe because it will be encrypted and no one will be able to use it in any way. Likewise, to keep your funds safe, account segregation rules are followed, which imply that customer and company accounts are maintained separately.
All deposits that are made by traders are kept in individual accounts with the most reputable financial institutions. These deposits are only used for trading purposes and FinuTrade doesn’t use them for paying off any of its own obligations. Also, in the event of the company’s bankruptcy, they will be returned to the traders. Along with these measures, you will find that the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) security policies are also applicable on this platform. These policies are internationally recognized and used for security and are quite effective.
As per their rules, traders have to provide proof of identity and proof of residency, before they are permitted to start conducting financial transactions via their trading account. This helps FinuTrade in preventing any fake accounts from being created for nefarious or illegal purposes. To provide this proof, some documents have to be submitted. Identity proof can be provided by submitting a colored copy of a national ID card, a passport, or your driver’s license. They should show your full name, picture and date of birth.
As for proof of residency, you have to provide FinuTrade with a bank statement, a utility bill, such as gas, water, land-line phone, or electricity, or a tax bill. It should show your name, address and date of issue and shouldn’t be older than six months. You should ensure that the information on these documents is the same as the details you have provided for your trading account. As long as it is, your account will be verified quickly and you can start trading.
3rd Feature: Quick registration process
Every time you sign up for an online service, you have to register yourself, which usually involves providing some information and following a couple of steps. The same formula is applicable when you want to use the services of a broker, but the steps can vary from broker to broker. There is no standard that companies have to stick to, which gives them room to come up with their own steps and procedures as per their preference. The problem is that this can often drag out the registration process, which can be quite annoying, especially when you want to start trading quickly.
Plus, you don’t want to have to jump through a lot of hoops in order to register. This is something that you don’t need to worry about when you are signing up on FinuTrade because their registration process is very quick. Understanding the need for traders to start trading as soon as possible, they have not added any extras to the sign up process. It is very simple, as all you need to do is fill out the online form that’s given on their website. You just click on the ‘Open Free Account’ button and this will open a registration form for you.
The form asks for basic details, such as first name, last name, a phone number, country and also an email address and password that are used for your login details. The last step is to confirm that you are at least 18 years old and you also have to agree to the Terms & Conditions given on the FinuTrade website. There is no waiting time and no other steps that have to be taken. You just have to verify your account by providing the documents mentioned above.
4th Feature: Advanced trading platform
How will you execute your trades in the financial market? If you have been wondering about this, then you should know the importance of a trading platform. This is the software that’s primarily developed for accessing the financial markets and executing your trades there. It allows you to monitor the movements that take place in the market and open and close your positions, while using some trading tools. Different types of platforms exist in the market and the kind of trading platform you get depends on the broker you choose.
After all, each broker has the freedom to decide what kind of platform they want to offer to their clients. You can take a look at what’s available and decide whether it is good enough for you to take things forward. Bear in mind that the platform has the biggest impact on your trading experience, so you shouldn’t settle for just any platform given to you. If the platform breaks down or lags, you will not be able to execute your trades on time and this can lead to losses or missed chances of profits.
A look at the FinuTrade trading platform shows you that you will not have to deal with such problems. They have an AI-powered web trading platform that provides a seamless trading experience to every trader, regardless of whether they are new to the trading space, or experts. The state-of-the-art technology ensures that traders can execute their trades quickly and see the results in real-time. It also provides personalized trading insights to traders and they can also receive regular live updates as well as price alerts of about 3,000 markets that can help them make prompt decisions.
You don’t have to worry about any complexities because FinuTrade has opted for an intuitive interface that makes the platform easy to use for everyone. You can find tech indicators, advanced charts as well as analytical tools that can come in handy in making smart moves. There is also a hedging mode available and traders can also try out risk management tools for making the right decisions. The combination of these tools can help you give your trading performance a solid boost.
Other than that, the FinuTrade trading platform also offers flexibility to traders because they will be able to use it on any device they need. They can access it via the browser, so it can be used on a laptop, desktop as well as mobile devices, such as tablets and smartphones. You can trade from anywhere and stay up to date regarding every small movement in the market.
5th Feature: Robust customer support
One of the most important features of any brokerage is their customer support and you need to ensure that you can get a prompt response in order to fully enjoy your trading journey. Getting stuck with a problem and not being able to find a solution can be very frustrating, not to mention the losses you may suffer due to the delay. Every company will claim to offer good support, but it is very rare for most to be able to deliver in this regard. Here, you will find that FinuTrade is not like the rest because they have added robust customer support for their clients.
They are fully aware of the need for help during trading and deliver it through several channels for the convenience of their clients. You can send an email to the FinuTrade customer support team, or give them a call, depending on your preference. There is also an option of filling out an online contact form on their website and they will get in touch with you. An FAQ section is also given on the broker’s website where they provide answers to several questions.
After you have checked out the prominent features offered by FinuTrade, you can determine that it is a comprehensive trading solution for every trader.