Since the advent of the internet, the trading market has exploded in popularity. Hundreds of thousands of people partake in trading due to the numerous benefits it offers. The forex market alone has a trading volume of more than $6 trillion and there are thousands of currency pairs that can be traded. But, it is not the only market where people can trade. There are plenty of other options that aspiring traders can explore, which include Contracts for Difference (CFDs), stocks of different companies like Apple, Facebook, Coca Cola and Amazon, precious metals like gold, silver and platinum, indices, natural energies such as Brent crude oil and gas and commodities like cocoa, coffee and corn.
But, there have also been new additions to the trading market that have further contributed to its popularity. One of the biggest additions of the decade is none other than cryptocurrency, which has created a major upheaval in various industries due to the technology that powers it. Bitcoin was the first crypto to be introduced in 2009 by Satoshi Nakamoto, but it is no longer the only one that you can find in the market. There are thousands of other crypto coins that have also been introduced.
Initially, there had been a mixed response to Bitcoin, but it didn’t take long for the trend to pick up and investors were able to enjoy excellent returns through early investments. People made millions thanks to their crypto investments and this has prompted others to take an interest in trading cryptocurrencies as well. These days, there are plenty of options available and to cater to people, crypto brokerages have also been established. These are brokerages that are especially designed for helping people trade numerous cryptocurrencies. Some of the old brokers in the market that offer forex, stocks and other instruments have also added cryptocurrencies to their asset options.
However, it is better to opt for a broker specializing in crypto because it is not like any other trading instrument in the market. Cryptocurrency is more volatile than other assets and requires special tools and trading features to trade it cost-effectively. It is not a good idea to use a generic or standard approach for trading this particular instrument. Only brokers who are solely dedicated to cryptocurrencies can offer you the environment and features that can make trading them a breeze for everyone. With the increase in demand for cryptocurrencies, the number of such brokers has also gone up.
You will find a number of crypto brokerages offering you their services, but it is essentially to do your due diligence and research every broker thoroughly before you finally make this decision. This is due to the fact that there has been a rise in the number of crypto scams recently because of the influx of more people in the market. While some scams are easy to spot because they are not very well-done, but others are quite sophisticated and it can be difficult to identify them in first glance.
Global CTB Review
In order to judge the authenticity and legitimacy of a broker, you need to consider different features and services to make the right decision. Some brokers have suspicious policies and practices that can make it apparent that they are not reliable and will eventually scam you at some point while others have great policies that can help you in reaping great returns from crypto investments. One of the various brokers you will come across is Global CTB trading platform. It is a relatively new crypto broker due to which it is often disregarded by many traders, but if you take a look, you will discover that it has established a huge clientele in a short span of time.
Global CTB has managed to do so because it was created by a group of former equity and crypto traders. This put them at an advantage because they were familiar with the market and its workings and were able to come up with a trading solution that eliminated the issues faced by traders. Global CTB doesn’t cater to a specific class of traders like only professional traders or only beginners. It has designed a solution that can fulfilled the needs of every trader and can simplify the entire trading process. They will be able to tap into the potential of the crypto market with the least amount of hassle. How? Consider the following features of Global CTB that make it a good crypto broker:
- It provides peace of mind via regulation
The first aspect of a broker that any and every trader should be concerned about is their regulation. Is the broker regulated or unregulated? Asking this question is of the utmost importance because if you take a look at the stories, you will come to know that unregulated crypto brokers are behind most of the scams. They do not go for regulation because they don’t want to be exposed. Therefore, unregulated brokers will not have appropriate security measures and this will leave traders vulnerable to various risks. Regulated ones, on the other hand, have to follow a certain criteria to get their regulatory status, which includes security as well.
In the case of Global CTB, there is absolutely no need to worry because it is fully regulated to provide cryptocurrency trading services to traders all over the globe. You don’t have to rely on the broker’s word regarding regulation and can verify it by checking the certificate on their website. This is necessary because many crypto brokers claim to be regulated, but are really not and traders learn this the hard way. Since Global CTB is a regulated broker, it means their trading operations are strictly monitored and their accounts are also routinely audited, automatically eliminating the risk of fraud or scam.
Global CTB is open and transparent about all their policies, including the fee they charge and any other costs that might be application. They also offer insurance to their clients and in case of any dispute that you may have with the broker, the regulator can play the role of mediator and resolve the problem in a fair manner. This undoubtedly gives traders peace of mind because they don’t have to be worried about their funds, information or any other issues as the broker can be held accountable.
- It offers tons of crypto investment options
Before you opt for a crypto broker, you should check out their asset index. Which cryptocurrencies are they offering? It is not something you can disregard because the whole point of signing up with a crypto broker is to trade cryptocurrencies. Is there a specific crypto you want to trade? If so, make sure it is available with the broker in question. Do you want to trade several cryptocurrencies? This also requires you to check the options offered by a broker. It is recommended that you choose a brokerage that offers you the most options, even if you want to start with a single cryptocurrency. This provides you room to diversify your investment and minimize your risks.
This goal can be accomplished with Global CTB because the broker is offering its clients the opportunity of investing in a wide array of cryptocurrencies. The broker is aware that there are now more than 5,000 crypto coins available in the market and it is constantly working on providing its clientele with an opportunity to trade as many as possible. It also researches every single coin to ensure it is authentic and genuine before adding it to their platform because there have been several projects that have turned out to be Ponzi schemes and fake ICOs.
Global CTB doesn’t just give you the chance to trade the top three cryptocurrencies like Bitcoin, Ethereum and Litecoin. It has expanded its offerings to include some smaller yet profitable cryptocurrencies like NEO, Dash, Ripple, Monero and Bitcoin Cash. It allows traders to maximize their profits and invest in cryptocurrencies, even if they don’t have a lot of capital to invest. After all, not everyone can afford to trade Bitcoin as it requires substantial investment. Global CTB lets you explore the crypto market as per your risk tolerance.
- It has developed a unique trading platform
How do you trade via a broker? The brokerage provides traders with a software referred to as trading platform, which is equipped with tools and features and a dashboard through which they can trade. Not all brokers will provide you with the same platform to trade. Checking out a broker’s platform is a must because some offer complicated ones that can be difficult for beginners to navigate. Likewise, not all have the same features and may actually be lacking in some. You don’t want an ineffective platform because it can have an impact on your trading experience and can even cause you to miss opportunities.
As Global CTB was founded by experienced traders, they were aware of the problems people have with trading platforms. Consequently, they decided to develop a proprietary trading platform for catering to their client base. Therefore, you don’t have to worry about the platform breaking down on you or hanging up, which can lead to problems. Instead, Global CTB’s trading platform is an excellent combination of superior and advanced technology with a user-friendly interface. Even if you are a complete novice, you will still be able to use their trading platform without worrying about a learning curve.
To use their trading platform, you need access to a web browser and an internet connection. This enables you to use it on different devices each time, a flexibility that can come in handy when you are traveling or out somewhere. You can enjoy one-click trading and see your trades reflected in real-time. Moreover, Global CTB’s trading platform is super-fast and gives you access to the latest market news and updates to ensure you can make informed decisions right away. There are various tools like charting tools, trading indicators, price alerts and market analysis that can come in handy during the process.
The best feature of this trading platform is that it doesn’t depend on your device’s performance, which allows it to work smoothly. Global CTB keeps it updated and maintained so it doesn’t crash on you. Navigation is quite straightforward and you don’t need to go through the process of downloading and installation to get the platform up and running. It allows you to trade multiple cryptocurrencies at the same time and manage your trades in an organized manner.
- It has added sophisticated trading tools
One of the most notable features of Global CTB is that the broker gives you additional tools on top of the ones that you will already find on their trading platform. Having sophisticated and cutting-edge trading tools is important because they can make a big difference in trading outcomes. They can help you identify trends and patterns that can be used for making smart and timely decisions for earning high profits and keeping losses low. Global CTB has made sure that its traders can enjoy a wide array of trading tools, which include live charts that can be used for highlighting crypto price movement trends.
These can be used for deciding when to open and close trading positions. Trading signals are also available, which indicate where the market is moving and how it can affect your trades. Economic calendar signifies important events and occurrences that can also affect your portfolio. Global CTB has added price alerts that let you know when a crypto has hit a certain price. Apart from these, risk management tools and order types have also been added by Global CTB.
- It offers varied account options
In order to starting trading with any broker, you are first required to register with them and then choose an account type. Most crypto brokers will present you with three options in terms of accounts as they are for new traders, those with some experience and last for skilled traders. Global CTB also has a registration criteria and gives traders account options. However, this broker is different because unlike others in the market, they don’t have a lengthy approval process for registration. It takes only a couple of minutes for traders to register with Global CTB. Furthermore, their account choices are also varied and diverse.
You can find six options to choose from when you decide to trade with Global CTB. The options are listed below:
Global CTB’s first account option is called the Basic account and you have to deposit a minimum of $250 for opening it. This amount is appropriate as the account is created for novices who are trading for the first time. Opening this account gives traders access to features like price alerts, access to the broker’s educational resources, daily market review, customer support 24/6 and PRO webinars. They will also be given a welcome bonus worth 30%.
The second account option at Global CTB is the Beginner account and is for traders who do have some experience. This account offers a welcome bonus of 40% and requires traders to deposit $10,000 to open it. All features of the basic account are included in this one, but since it carries more risk, a junior account manager is also given.
The Medium account is the third option provided by Global CTB and it is aimed at intermediate traders. This account can be opened with a deposit of $25,000 and it offers higher incentive as its welcome bonus is now increased to 60%. The account now comes with a senior account manager because a higher trading volume can be enjoyed with the bigger deposit.
Global CTB introduced this particular account option for advanced and skilled traders and they give these people a bonus of 70% for opening it. The minimum deposit required for this account is $50,000 and it will come with a VIP manager because traders are ready to take risks and will need guidance accordingly.
As the name explains, this account option was developed by Global CTB for professional traders and they have to deposit at least $100,000 for opening it. With this account, every single tool and feature offered by the broker can be accessed. As for the welcome bonus, it is now set at 80% for this account.
This is the last account option that has been added by Global CTB, but not everyone can sign up for this account. There are certain requirements that traders have to fulfill in order to open this account. These requirements include a high trading volume. If you want to get more details and are interested, you should speak to your account manager about the requirements.
Choose any of these account options that meets your requirements and give you access to the tools needed for effective trading.
- It has great educational resources
Cryptocurrencies were first introduced in 2009, which means they have been around for more than a decade. However, they didn’t really get a lot of attention up until a few years ago. Hence, it is not surprising to know that most people don’t really understand what cryptocurrencies are and how they work. They just want to trade in the crypto market because it has a lot of potential and can give high profits. They have heard about other traders making millions and want to enjoy the same returns. But, they learn the hard way that it is not possible to do so without proper knowledge. You need to understand cryptocurrencies and the factors affecting their prices before you can trade.
But, where do you learn? Online resources cannot be trusted because they may not be up to date and accurate. This is where Global CTB can help their clients because they provide traders with extensive educational resources on their website. They have established a complete trading academy for their clients where articles, e-books, video tutorials and guides and online courses are available. These cover different aspects of trading and can provide detailed information to everyone. Plus, there are also PRO webinars conducted by professional traders that can give a lot of insight into the market.
- It believes in catering to the customers
Never choose a broker without taking a look at customer support. If a broker is truly committed to its customers, they will ensure that their clients can have support when they need. Global CTB definitely fulfills this criteria because the broker has provided a variety of options when it comes to customer support. Traders can get in touch with their representatives through live chat, phone and email. There is also an online contact form or fax that can be used. Moving on, the broker has included an FAQ section as well where they provide their clients with answers to common questions.
If you don’t find your answer in the FAQ section, you can get in touch with Global CTB’s agents. The broker has kept friendly representatives who are professional in their dealings. Not only are they responsive, but they are also knowledgeable and can provide you with proper guidance and assistance. You don’t have to wait for hours or day to get an answer. Just choose an option that works for you and get in touch to find a solution to your problem.
It is of the utmost importance for traders to analyze these aspects about a crypto broker before they choose to partner with them. The right partner will help you in starting your journey with a bang and continuing your success in the future as well. Global CTB goes beyond these features and offers its traders a lot more; you can enjoy low trading fees and not have to deal with hidden costs and their banking methods are multiple and extremely convenient. Most importantly, the broker has robust and extensive security measures that allow you to trade through them without worrying about your information or money falling into the wrong hands. Partner with Global CTB to get the massive returns you want.