“Is BTC-Trends a Scam? You might be asking yourself “is BTC-Trends.com scam or legit?”. Well rest assured that BTC-Trends is a legitimate and safe broker for your trading needs.”
What is that you want to achieve as a trader? Do you want to earn lots of profits? Do you want to avoid all the risk and danger while trading? Do you want to become a professional trader with millions in accounts? Millions of people start trading with different dreams, obsessions, passions, and motives. However, as sad as it may sound, not all of them make the amount of money that they think they can. Most importantly, not all of them are successful in their trading endeavors. Whose fault could that be?
Some of them might think that trading does not make sense to them. Some of them might blame their fortune for not being able to trade successfully. However, the reality is, in most cases, these new traders take the first wrong step. You can’t really help yourself much once you have taken your first step in the wrong direction. Now, the important question that you have to ask is, “What is that wrong step?” That wrong step is you choosing the wrong trading platform. If you think you are not reaching your full potential as a trader, it could be the fault of the trading platform you have joined.
Today, I want to tell you about an online platform that I think provides you with ample opportunities to have a steady trading career. BTC-Trends is the broker that I am talking about right now, and I think you will like this company more and more as you explore its features and offerings. So, without further ado, let me tell you everything that I like about this company, and perhaps, you will admire too.
|Assets||Crypto, Commodity, Stocks, Indices|
|Leverages||Up to 1:400|
|Trading Platform||Mobile, Desktop, Tablet|
|Account Types||Micro, Bronze, Silver, Gold, Platinum|
|Min. Deposit||5000 Units of Base Currency|
|Customer Support||24/7 (Phone, Email, Callback)|
Proper Account Types
I have seen a lot of online companies offering their trading some cookie cutter solutions. When you look at the account types they offer, you can observe that there is not much thought behind their creation. They are just there to offer you some choices. You can pick the one that you like, but do you really think the one you have picked will be the best for you? That’s the problem many traders have when they have to pick from ready-made and unintelligent account types. I think the account types designed by BTC-Trends are some of the best in many different ways.
Firstly, you can decide the account you want to go with based on either your budget or the features that you want available to you as a trader. If you want to go with a lot of features without spending too much money, I think you should go with the second account on the list. It’s the bronze account that requires you to deposit no more than 25,000 units of the base currency to start it. However, once you have picked this account, you can enjoy daily market analysis, along with a dedicated account manager. I am telling you from my observation that most online platforms don’t offer you this feature without a cost.
They let you have the services of an account manager only when you sign up with the most expensive account. That’s not the case with BTC-Trends. What makes things even better is the fact that you can participate in seminars and webinars once you have opened this account. This means you will have the opportunity to learn from the best in the industry. They will tell you not only about the basics of trading but more than that. They will talk about the latest trends in the market so you can stay on top of everything and trade in the right direction every time.
24-hour Customer Service
When you have an online platform providing you with 24-hour customer support, I don’t think you have to look at other things. This is the feature that you can expect from only the best in the industry. I have to tell you from my experience that most of the companies that serve round the clock are the ones that have been around for many years. It is after these many years that they have had the resources and reasons to have their customer support department available throughout the day and night. On the other hand, BTC-Trends is not the oldest of online trading platforms.
You are getting customer support all the time. This means you don’t have to worry about the fact that your trading platform is not performing well in the middle of the night because there will always be someone to help you on the phone. Yes, I have to tell you that you can call the company and get help on the phone on any issues that you are having as a trader. You can even send an email and get a response within 24 hours. The best thing is that you have a callback feature on the website. This is something I have not seen on any other website. Yes, most of them have the live chat feature, but I think this one is better.
With the live chat feature, you still have to wait for someone’s response every time you send a question. At times, you might not notice but you might be talking to a bot. On the other hand, the callback feature ensures that you are contacted by someone from the company to provide you with all the help you need. You will not even have to use the credit on your phone to talk to the customer support department because of this amazing feature. Isn’t that something you have to admire about an online broker?
Trade the Way You Prefer
How can you trade the way you prefer? Well, here is a thing that you have to know. When I started trading, I only had a laptop. I just wanted to trade on my laptop. I always said to my friends that I wanted to see the trading platform on a bigger screen. Small screens did not really make sense to me. However, things changed with time. When I started using my smartphone for more and more tasks, I realized that I relied on it more. There came a point when I wanted to trade on the go or while I was having a lunch break in the office.
Could I do that with my laptop? Yes, I could, but it would have been troublesome. I did not want to carry my personal laptop with me to the office because I already have the office laptop. Imagine carrying two laptops every day. So, I started trading on my phone and that’s when I realized the importance of mobile trading. I am glad that I had signed up with BTC-Trends because I did not have to make any adjustments. As soon as I was on my phone, I was trading on the same trading platform without any issues.
This trading platform from BTC-Trends runs on the internet. This means you have to visit the website of the company to trade. This also means that I did not have to download anything on my computer or mobile device. What made things even better was that I did not have to change my phone because of any compatibility issues. The web-based trading platform from BTC-Trends can work on just about any operating system that exists in the world right now. So, I have been trading smoothly since then and I am sure you will love to trade this way as well.
Whether you are traveling on the train, having a lunch break in the office, or just lying in your bed, you can use the trading platform the way you prefer because of the web-based nature of it.
Your Information Gets Encrypted
In this particular, I have to admire the efforts that BTC-Trends is putting in. It has taken all the measures that are a standard in the industry to ensure the safety of your information. So, if you look at the website, you will realize that your information gets encrypted as soon as you enter it on the website. Encryption is a way of making your information safe by converting it into codes that can’t be read by anyone. In addition to that, I am glad to tell you that you can sign in to your account with some level of safety as well. Just a password is not enough when you sign up with BTC-Trends and trade with this team.
They care about your safety and that’s why they have the 2FA authentication in place. This means you are logging into a safe system every time you enter your details. So, while you will have to provide some sensitive data on the website because you are signing up with a company, you can rest assured that they are taking care of the data and its integrity.
Big Leverages with Small Spreads
This is a concept that you have to understand before you even start trading. I am giving you this information so even if you don’t sign up with BTC-Trends, and choose a different broker, you can still make the right choice. There are so many traders in the world who don’t think about this particular issue when they sign up with a company. So, when you start trading, there are two things you will have to pay very close attention to. Spreads are more like the commissions that you have to pay to the company that you have signed up with.
This commission is there because you are using the services of the online company. Every time you trade, you have to pay this commission. Some companies have an additional commission to the spreads. The exact definition of spread is the difference in the price that you will have to bear when you sell to or purchase an asset from your broker. You will notice a small difference in the price of that asset on the market and the one that you are being offered. This small difference is where the company that you have signed up with is making money.
However, there is something important for you to know that if this difference is large, you will lose a lot of money on every trade, and your company will make too much money. That is an unfair advantage for the company providing you with trading services. In addition to that, the leverage you get from the company is something along the lines of a contribution. This contribution comes for every dollar that you are willing to invest on a trade. Some companies have the leverage at 1:10 and some to 1:100. If the leverage is 1:100, this means the company will contribute 100 units of your base currency for every 1 unit that you invest.
In this particular case, you will be enjoying leverages of up to 1:400. That’s quite huge when you do the math yourself. On the other hand, spreads are quite small and tight when you trade with BTC-Trends. This is something that makes this company quite different from most others that I have had the experience of trading with on the internet.
Great Learning for All Traders
There is a lot of learning required before you can become a trader. Don’t believe anyone who tells you that you can just start trading just like that. That’s a lie and many people lose their money because of that lie. You have to learn trading before you can shell out even a single unit of the currency you are investing. Now, learning can come to you in many different forms. The broker that you sign up with online can provide you with all the training material that you need. The problem here is that there are certain companies that will only provide you with some generic content.
I have had the experience of signing up with a company that made huge claims about its training material. However, when I looked into the training material, it was nothing more than some generic definitions. I have to tell you here that all the basic definitions and introductions that you need about trading are already there on the website of this company. That’s something most other companies will offer you for a price, but that’s not the case here. Now, the training content from BTC-Trends is something that you can really trust. It has been designed not only for new but advanced traders as well.
You will learn just about anything you want from the introduction to assets and financial markets, to all the advanced trading strategies that can help you make a lot of money. The best thing is that you can learn through ebooks or decide to go with videos. You also have one-on-one training sessions that you can enjoy if you think you learn better separately. The good thing is that the company has kept that option open for you. Of course, I have already told you about webinars and seminars. They are also some great places for you to learn trading.
Compliance with KYC and AML
You have to know that as a new trader that you will have to provide your personal information when you sign up with any online company. Most importantly, you will have to disclose your personal and banking data in the form of pictures. This is a requirement that makes many traders stop trading in the first place. There are thousands of people who want to trade but they don’t go ahead with it because they think they will have to provide their personal information to the broker. In a way, they are caring about their safety. What they don’t realize is that providing personal information to the broker is in their favor.
I can tell you about companies that don’t ask you for any information. They are not complying with any standards of the industry. They can let anyone sign up on their trading platform. That’s something I don’t like. Think about it. If someone is trying to use your personal information, which they have stolen from some database through hacking, how will the company that you have signed up with realize that it’s you? It has not even obtained your personal information. In that case, it will not be able to distinguish between you and someone who is only pretending to be you.
When you sign up with BTC-Trends, you will have to provide your personal information, which can include your identification number, the picture of your identification card, your utility bills’ copies, the picture of your bank statement, and the picture of your credit and debit card in addition to the number from the back and front. When the company asks you for this information, you can be sure that it complies with the KYC and AML policies. Yes, BTC-Trends complies with those policies and ensures that only you sign up with your information. Furthermore, it has erected a barrier for money launderers who try to sign up with the company with fake and fabricated banking details.
Lots of Assets and Classes
You will be glad to know that when you sign up with BTC-Trends and start trading, you will be able to step in just about any financial market that you can think of. You have the company providing you with a trading platform on which you can be in multiple financial markets at the same time. Do know that you can open multiple orders at the same time, which means you can trade two completely separate assets from completely different financial markets at the same time. The markets that you can trade in when you sign up with BTC-Trends include but are not limited to Forex, Stocks, Indices, Commodities, and cryptocurrencies.
You will be able to get your hands on some of the most known and valuable cryptocurrencies in the world when you sign up with BTC-Trends. You can also trade some fiat currency pairs, which can give you a huge return if you know how to use the leverage. You also have stocks available to you for trading. These stocks belong to some of the biggest and the best companies of the world. If you have some knowledge of how these companies are performing, you can definitely make a lot of money by trading indices as well. Indices let you trade many different companies’ stocks at the same time.
You can also trade commodities with BTC-Trends. Commodities include many different types of assets. You can pick the one that you think will suit your trading style. You have oil and gas among the energies that you can trade. Furthermore, you have some precious metals included in this category, which means you will also have access to gold, silver, palladium, platinum, etc.
Since I started trading I have met many different types of traders and I can tell you from what I have heard from them that they all want certain features from their brokers. Safety is the top priority along with a great trading experience and many different assets for trading. I think BTC-Trends covers all those areas pretty well with its expansive asset index, flexible trading conditions, huge leverages, and a platform that can run on any device in any corner of the world.