Every time the financial industry causes a major stir, it brings in waves of new traders. Most of the time, these new traders are people who don’t have any trading experience or financial background. So, what can they do to make sure that they start in the right direction? They can do this by making sure that they sign up with a good brokerage firm. The trading firm that you choose will determine the quality of your trading experience. So, always make sure that you thoroughly look into the firm before creating your account.
It can be quite hard to find a starting point for their research. So, to help new traders get on the path towards finding a good brokerage firm, I would like to recommend a broker. You should try trading with EcoMarkets if you want a trading firm that has a simple interface but also offers all the features that traders need to trade successfully.
Best Features of EcoMarkets for New Traders
Online trading firms are constantly attacked by hackers to gain access to the sensitive data the customers enter into their system. This sensitive data includes their personal information as well as their investment funds. So, it is important for brokers to implement the necessary security measures to keep their systems protected from such hazards. EcoMarkets follows strict protocols to ensure the security of its system. The firm has implemented 2FA (two-factor authentication) as well as SSL encryption certificates to keep your account from being hacked and to protect your data. The firm guarantees a secure trading platform to its traders.
If you are a new trader then, you probably may not be familiar with this feature. So, let me tell you just how great leverages are. Leveraged trading is when the broker supports your investments. EcoMarkets offers leverage of 1:5 which may not be much for regular assets but is a huge amount for cryptocurrencies. And since EcoMarkets is a crypto broker, this is the perfect leverage rate. Trading with leverages allows you to invest in assets outside your financial range which is a great way to make big profits.
Spreads are the difference between the selling and the buying price of an asset. The brokers earn their income via this difference. So, you should not sign up with firms that have a high spread rate. This just shows that the brokerage firm just wants your money and doesn’t care about the trading cost for the customers. EcoMarkets offers a very low spread rate which shows how much the firm values customer-satisfaction.
The quality of the customer support department can tell you a lot about the broker. If the brokerage firm is concerned about its customers then, it will offer a complete customer support system. When you are new to trading, you are in a completely new world, so you will need assistance from time to time. Therefore, EcoMarkets offers a customer support service that is available 24/7. This means that you won’t have to wait long hours to get a response to your queries. You can get in touch with them via email, phone calls, as well as via the live chat feature available on the firm’s website. Moreover, if you are hesitant to get in touch with the team, then you can look at the FAQs section. You may be able to find answers to your questions on the extensive FAQs page.
This brokerage firm is the ideal choice for new traders as it offers an intuitive yet user-friendly trading platform. Traders who are new to the field can benefit from the high-tech learning materials that the broker offers. You can enjoy trading with leverages and other trade tools with EcoMarkets.
So, if you are looking for a broker that will help you get started with online trading then, EcoMarkets is the firm for you. I am sure that that you will not be disappointed by the features that it offers.