Are you keen to venture into the domain of online traders like so many else have been doing in the last couple of years? Lately, this industry has become very popular. If you want to join it, you should know that the first step is to identify a suitable online trading platform and register for a trading account. It is vital that you choose a platform you can trust without any issues.
That is why I would like to recommend 500.trade as it is synonymous with dependability. It has also several useful features that you can leverage to become a successful online trader. Keep reading to learn about the best and most exciting features of 500.trade.
Device Accessibility
The 500.trade online trading platform is fully compatible with all modern devices being used popularly these days. Whether you commonly use your desktop, laptop, smartphone, or tablet, you can log in to your 500.trade account and trade with ease. The trading software has been designed as such that no matter which device you use and wherever you use it, your trading experience will be very good and without any technical glitches or other issues. Although it is quite unlikely that you will face any difficulty, if you do, just contact their support team will fix the issue for you very promptly.
Security Measures
Security is critical and one of the key features of any online trading firm. If there is a weak spot in the security, the personal information of the traders might get leaked and that can have very serious consequences. You can rest assured that 500.trade is privy to this and that is why they take their security measure very seriously. They have adopted the latest security measures in their platform.
For example, they recently introduced a robust firewall that blocks any cybercriminal or hacker from sneaking in and targeting sensitive user information. Also, 500.trade makes use of SSL encryption technology to encrypt all data so that it becomes meaningful less if someone does manage to get their hands on it. In addition, there are also verification procedures in place on the 500.trade platform that carries out verification of every person as they sign up. In this way, there is no chance of any identity theft.
Banking Options
Whether you want to make a withdrawal or deposit from your account at any time of time, there are a number of banking options available at your disposal with 500.trade. You can opt between bank transfers, Bitcoin, credit card, debit card, and other 3rd party options as well. Regardless of whether you are a new trader or a professional one, you may use any of these payment options at your convenience. All of these payment channels are secure to use and you may rest easy there is no risk at all.
Furthermore, you will get a notification on your email (the one you used to sign up on the platform) every time you make a deposit or withdrawal. In this way, you can keep an eye on all your trading transactions and finances. What’s more, there is no need to bother yourself with filling up long payment forms when you make any payment. Simply click a few buttons on the screen of the device you are using and you are all set. How convenient is that? You will be able to make all your transactions within seconds!
Educational Resources
Yes, almost every other online trading firm has ample educational resources on it but the ones available on 500.trade are far more extensive and useful for traders, especially the newcomers who have little idea about the dynamics of online trading. You will find many trading videos, pricing charts, and trends, and an economic calendar as well when you sign up on 500.trade. Also, you can have access to the latest financial news which will help you keep yourself updated about the recent developments in the world of online trading.
In addition, there is an FAQ section as well that outlines all the common queries people have when they register on the platform for the first time. If you are a beginner and don’t have much idea regarding how to proceed, going through all of these questions and answers is the best first step for you to get the ball rolling. Moreover, there is also a trading glossary available that you can use. This is a very effective glossary according to most of the online traders who trade on the 500.trade. It features all the common terms in the domain of trading. If you come across a specific term you do not understand, you can refer to this glossary and find out more about it. Simple!
Low Fees
Every online broker charges a considerable fee to the trader. This fee is in terms of commissions and spreads. When the spreads and the commissions for each trade that the trader makes is high, their own profit margins will be low. Hence, if you want to boost your margins as much as possible, it is imperative that you trade on a platform where you enjoy low fees and do not pay much in terms of commissions.
I would like to highlight that 500.trade is one of these trading platforms where you have to pay minimal fees to your broker. Also, there is no hidden fees to be worried about.
Bottom Line
To conclude, although it is 100 percent true that there are online trading firms galore out there, the 500.trade is undeniably one of the better ones. They boast a host of incredible features and on top of that have a glowing reputation in the market. Simply go to their website, choose which trading account type you want, wire your funds and after you register and you are good to go! As soon as your funds hit your account, you can start trading. If you have any more queries after reading this review, feel free to reach out to their customer support team who will be happy to assist.
