Online trading is a sure way to keep a steady income flowing into your bank account. However, there are some terms and conditions that traders must abide by if they want to reap such benefits. The first thing that traders need to make sure of when creating an account with a brokerage firm is that it offers great trading conditions and is a secure platform. However, it can be hard to identify what good trading conditions actually mean when you are new to the field. So, to make it a bit easier for new traders, I have decided to talk about Coinibank which is a brokerage firm that is well known for the amazing trading conditions that it offers.
So, let’s take a look at some of the best features of this brokerage firm and identify its trading conditions.
Best Features of Coinibank
Secure Trading Environment
If there is one thing that you should never compromise on when it comes to picking an online broker, it is the security protocols that it offers. Online trading firms are often attacked with viruses and hackers. This is because such online establishments contain a lot of sensitive and valuable data in their systems. These include the customer’s confidential information as well as their funds. Therefore, Coinibank has implemented the necessary protocols that ensure that their system is completely secure. Thanks to the proper security measures that the broker has employed, traders can trade with a peaceful mind on the platform.
Assets For Trade
When you sign up with a brokerage firm, try to choose one that offers more than one asset. This is because there are many benefits of trading with several assets. When you invest a large amount in a single asset, there is a higher chance of you losing the entire money in case the market value of the asset drops. By investing small amounts in different assets, you reduce the risk of facing a major loss. Coinibank supports the trade of multiple assets including forex, indices, bonds, stocks, ETFs, and commodities. You can find a large variety of companies and currencies under these main headings.
Innovative Trading Platform
Coinibank offers a propriety trading platform instead of following the trend of relying on the MT4 or MT5 trading platform software. What makes this trading platform so great is that it was developed with state-of-the-art technology and is packed with innovative tools that provide a premium trading experience. Traders can benefit from the various tools that Coinibank’s trading platform offers which include risk-management, leveraged trading, real-time market rates, and many other useful tools.
The platform offers a user-friendly interface that is comfortable to use. For the traders’ convenience, Coinibank has made apps for its trading platform which can be downloaded on Android and iOS devices.
CFD stands for Contract for Difference and is a great way to earn profits. When you trade using CFDs, you get into a deal with the broker for the asset. Bear in mind that you don’t actually own the asset when you sign a CFD for it. The profit of loss is determined by the difference in the opening and closing value of the asset. Coinibank offers CFD trading with the assets that it supports including forex, bonds, commodities, stocks, ETFs, indices, and stocks. Trading with CFDs is extremely beneficial and allows traders to maintain high investment capital liquidity.
Coinibank is a brokerage firm that supports a variety of different trade instruments and provides great trading conditions for their trade. You can enjoy trading with leverages and CFDs with proper risk management tools to prevent losses. This brokerage firm offers advanced trade tools and risk-management services that create a very comfortable environment for traders.
If you find yourself struggling to decide on a brokerage firm to create an account on, then you should definitely try creating an account with Coinibank. I am sure that you will find it hard to find a trading firm that offers trading conditions that parallel Coinibank’s.