Signing up with a broker is the first thing you will have to do once you have decided to start online trading. They are the ones who give you access to the financial markets of your choice and provide you everything else you need for trading. Finding companies to consider is not the difficult part; a simple search on Google will present you with hundreds of options to explore. The real challenge that you will have to face is choosing from the numerous choices that you will find. This can take up a lot of time because many of these companies offering trading services appear to be providing the same services.
Not only do you have to go through the options and select the one that seems like a good one, but you also have to figure out how to make the most of their trading services. GlobalTrading26 is one of the companies that have been introduced in the market. This one stands out in the crowd because it is the product of a group of experts with deep knowledge and insight of forex, finance, trading and technology. This company is a product of their combined expertise and knowledge and can be quite handy, as long as you understand how to use it.
What needs to be done? Some of the steps that are required for using GlobalTrading26’s services are highlighted below:
Step 1: Register with them
In order to start using any broker’s trading services, you have to first register with them. This is standard and reasonable, but it is important to know that the process involved can vary from company to company. Some ask their clients to sign a contract, others ask for detailed and extensive personal information through different forms, while there are also those that make people wait for approval. GlobalTrading26 doesn’t fall in any of these categories because they have a very straightforward registration procedure.
You are required to fill out a single form that you can find on their website under the ‘Open an Account’ option. Traders can complete this form within a couple of minutes because they only have to share very simple information. You are asked to provide your first and last name, a phone number, your location and an email address and password. You then need to agree to GlobalTrading26’s User Agreement and Risk Disclosure Notice and the process is complete.
Step 2: Open an account
The next step involves opening an account with GlobalTrading26, which means choosing one from the various options presented on their website. Their team has created these options keeping in mind that every trader is unique and has a different risk appetite. You can assess each option and then select the one that meets your expectations. There are a total of four choices that you will find and these start with the Basic account for beginners, which asks for a deposit of €250. The second account option is called Silver, best for intermediate traders and needing a minimum deposit of €10,000.
The third option is Gold, which is better for advanced and skilled traders, and so the deposit requirement is increased to €25,000. The last account choice is referred to as Platinum and this one needs a deposit of at least €100,000 because it is for seasoned and professional traders. While these are the four options you will find, you should know that there is also a VIP account for VIP traders who meet a certain criteria and you will only be able to open it by invitation. GlobalTrading26 offers this account to those who qualify for it.
Step 3: Fund your account
After you have chosen what account you wish to open with GlobalTrading26, the next step is to add funds to it because, as mentioned above, a minimum deposit requirement has to be met. Plus, you also need money for trading. In order to do so, you need to look at the methods that can be used for depositing your money. You will find that a combination of traditional and modern options has been introduced here and this gives you the flexibility to choose one that suits your needs.
You can go with bank wire transfer, if you prefer security over everything. Debit and credit cards are also supported, including Visa, MasterCard and Maestro. Deposits are usually processed instantly by GlobalTrading26 and it doesn’t charge you a fee for it. But, your bank might charge you if you decide to go with wire transfers.
Step 4: Figure out what you want to trade
Now that your trading account is fully funded and ready for use, it is time to figure out what you want to trade. This means looking at the instruments provided to you by GlobalTrading26. You will come to know that almost 200 options are available on the platform and they belong to some of the world’s largest markets. This gives you a lot of room for diversification, which can reduce your risks and maximize your profits. You can trade in the stock, forex, cryptocurrency, commodities and indices market via this brokerage.
Step 5: Start using the trading platform
When you have decided the instruments you want to begin with, it is time to start trading. This is when you will come to see what trading platform is available at GlobalTrading26. They have come up with a proprietary web trading platform, which is powered by advanced technology and has a highly intuitive user-interface. It has a customizable layout, which is a big advantage because it allows traders to make adjustments according to their preference. You can also benefit from ultra-fast execution speed for your trades and tap into trading tools like fundamental and technical analysis tools, charting tools, trading signals and custom indicators. Moreover, the platform can be used on your desktop as well as mobile devices, to offer you convenience.
With the help of these steps, you will be able to use GlobalTrading26’s services without any hassle and enjoy the returns you can make in the financial markets.