Thanks to online trading, entering the financial markets has become easier than ever for people. There was a time when trading involved a lot of hassle and was time-consuming as well, but technology has changed everything and brought about a lot of convenience. With thousands of instruments available in the markets, there are a lot of opportunities for making money. But, where do you go? How do you start trading? This is where you have to look for a brokerage to provide you with the trading software, tools, and services required for the trading process.
Indeed, brokers have been part of the market from the beginning and this hasn’t changed today either. They play an equally important role in the world of online trading and finding a reliable and competent brokerage should be your priority. One of the options you will come across is GlobalTrading26, a company based in Limassol, Cyprus, and offering professional trading services. But, does it really live up to its claims? You can find the answer through GlobalTrading26 review because it will tell you everything important that you should know about the company. You can check out some of the essentials below:
What to trade?
To get to know a broker, you first start with their asset index and see what you can trade. GlobalTrading26 has a diverse asset index that can be useful for every trader, regardless of their risk tolerance or preferences. They give you access to global financial markets, so there is a good chance that you will be able to find the asset you wish to trade on their platform. You can opt to trade in the forex market, which is known for its massive daily volume, and there are numerous currency pairs, such as EUR/USD, GBP/USD, and AUD/NZD available.
Traders can also use the GlobalTrading26 platform to trade cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum nowadays, as these are in high demand. Along with this, the brokerage gives you access to the stock and indices market as well. In addition, you can balance your portfolio’s risk element by opting to invest in some commodities like precious metals, which are also at your disposal.
How to trade?
The next important thing you need to know about a broker is their trading software because this will determine how you will trade. GlobalTrading26 is aware of the role of the trading platform, so they have introduced an intuitive, user-friendly, and technologically advanced web trading platform. The multi-asset platform boasts advanced trading functionality and is available for desktop, mobile, and web. It offers speedy executions, along with excellent tools for technical and fundamental analysis. There are trading indicators available as well as charting tools. The platform has a customizable layout and gives access to the latest market news as well.
What account to open?
In order to start trading on any platform, you will first be asked to open an account and different options are usually provided. You will come across five account options created by GlobalTrading26, as their goal is to facilitate traders from different skill levels and give them flexible options for their trading needs. The options include Silver, Gold, Platinum, Diamond, and VIP accounts. There are some features that are common across all accounts, such as 24/6 customer support and trading signals. Leverage and welcome bonus is also available in all accounts, but the amount and percentage varies.
GlobalTrading26 has also added different initial deposit requirements with the Silver account having the lowest of 10,000 EUR and the VIP account having the highest deposit of 500,000 EUR. The withdrawal approvals also vary for every account. Daily market reviews, monthly cashback, one-on-one educational courses, and trading alerts are some of the other features that have also been added to different account types.
Along with these features, you will also get top-notch security, robust customer support, and an education academy at Global Trading26 that can help you master the art of trading.