Online trading is something which remains forever interesting for professional traders as well as for those who have recently become traders. It is a market which comprises of great volatility and significant profits. Most importantly, all the investments made in this market are resulted oriented i.e. either the trade wins or loses. Because of its enormous benefits even ordinary people are joining this industry.
Importance of A Broker
The concept of broker is long associated with traditional trading and continues to be attached even with the online trading. Majority of traders usually rely on their brokers even if they can do the job independent and without anyone’s help. However, for beginners especially, they need a broker which can guide them from scratch and one such broker is Crypto1Capital.
This particular online trading platform is perhaps the number 1 choice for most of the fresh traders for a number of reasons. Let us have a look at the dynamics, this broker is offering to each type of traders.
Features – Not To Be Missed
A broker is not a trader but in fact it is a facility particularly designed for facilitating the daily needs and requirements of traders. So basically, a good trader is such which has integrated loads of features for the benefit of traders. The broker’s platform is hence a comprehensively designed trading place whose features a trader wouldn’t want to miss.
Leveraged Trading Platform
Obviously, trading career shines with a broker who is capable of offering leverage on trading. Leverage is a feature which every trader dreams of because the trader never runs out of funds if the leverage is there. This feature is the fundamental feature but is often not provided by majority of brokers but this broker does not hesitate to lend this amazing feature.
So eventually less cash with a trader is no more a major issue because the availability of funds is covered by the broker under leverage.
Multiple Instruments of Trade At Disposal
Secondly, the trader would be required to focus entirely on the assessment while the rest will be done through the multiple advanced tools of trading. Reliance on these instruments is essential because they are really helpful in converting even a bad trading into promising trading. So the broker has many instruments some of which are software based while others are text-based instruments. For instance, text-based instruments include economic calendars, trade alerts, price index and charts, trade education material and market insights.
On the other hand, software based instruments include instruments such as mobile trading, web trading, MetaTrader 4, automated trading etc. So basically, there is enough resources that a trader can utilize at the platform without even borrowing tools from other sources.
No Restriction On The Number of Positions
What happens with other trading platform is that they do not allow their traders to open more than one or two trade positions at once. Instead, they insist on ending the first trade and then allow the trader to open the second. In this manner, trading is restricted and during the opening and ending, several profitable trading opportunities are missed. But the broker allows complete control over trade positions to its traders who can simultaneously open up more than one position at a time. Even the trader does not need to wait for the first position to conclude and then open the second. This is a huge advantage of working with this broker.
A trader is also not restrained to do trading at a certain time or through a specific device, mostly computers and laptops. This broker’s platform comes with multiple options of accessibility where the only restraint would be the non-availability of internet. If a trader has a mechanical device which can connect to the internet, then the device is fair enough for logging into and trading through the broker’s platform. However, mobile trading is the best of them all and shows exactly the same features as could be seen either on the laptop or a desktop pc.
Crypto1Capital doesn’t consider it a problem if the trader has zero experience in trading. In fact, it greatly cares about the beginners and enjoys working with them in diversifying their portfolios. You won’t be finding the better deals of trading as you are going to find with this broker.