Trading in the forex and stocks markets is not a new trend; it has been around for decades and hundreds of people have made their fortunes through these markets.
But, over the years, a number of other financial markets have also been added and now with cryptocurrencies, this space is experiencing a greater influx of traders. Technology and the internet have simplified the whole process and made it easier for people to try their luck in these markets. The perk of online trading is that you don’t need very heavy investments to begin. These days, only a small amount is needed to get started.
Even people with no knowledge or experience, whatsoever, have been making their foray into the market and have managed to succeed. There are lots of resources that can help you learn as you go, but one important factor that determines your success is the broker you choose to partner with. If your chosen broker is not reliable, you will encounter a lot of problems during trading and may not be able to achieve your goals. You probably don’t want that and the best way to ensure it doesn’t happen is to choose a reliable broker. Is 4TFX.com reliable?
This is one of the brokerages you will find when you start searching with its headquarters located in Limassol, Cyprus. 4TFX is a broker that specializes in offering CFD (Contracts for Difference) trading, which means you trade contracts based on financial instruments rather than the actual assets. But, what makes them a suitable choice? Here are the things to know about 4TFX:
Trading products available
To start with, look at the CFDs you will be able to trade via 4TFX. The good thing is that the broker offers you 200 options to choose from and portfolio diversification is easy when these choices are divided across different categories. You will be able to go with the oldest and traditional options i.e. the stock and forex markets. The broker has stocks of some of the leading companies in the world.
Likewise, the currency pairs offered comprise of major, minor and exotic choices. If you are looking to branch out, you can try your luck with indices. Commodities are another category to explore since they contain precious metals, energies and agricultural items. Most importantly, the broker has also added cryptocurrencies to their offerings, including popular options like Bitcoin.
Trading platforms for use
Once you know what products you can trade, it is time to know what kind of platform you can trade them on. Not asking this question is a mistake because a trading platform will determine most of your experience. If it lags or is slow, it could make it difficult to open and close positions in a timely manner, resulting in lost opportunities and even losses. 4TFX has created a web based platform that offers flexibility in regard to devices and delivers a smooth performance in regard to trade execution.
You can enjoy one-click trading, latest market news, live trading prices and trading signals that can help during trading. Along with this option, 4TFX has also come up with mobile solutions to assist its clients in getting access to the best of technology. They can trade on the move with mobile apps for iOS and Android available and enrich their portfolio without any hassle.
Trading account options to choose from
It is also important to know what trading account choices are available to you. If a broker requires too much capital or doesn’t have an account as per your trading style, you can look for different options. This is not a problem you will face with 4TFX because they have five account options for their clients. Each of these come with different features and have different deposit requirements, so they can cater to the needs of traders easily. The options are Basic, Silver, Gold, Platinum and Diamond.
The minimum deposit requirements begin at €250 for the Basic account and is €200,001 for the Diamond account. Every account comes with a welcome bonus as well, which begins at 50% and goes as high as 150%, depending on account type. Likewise, account managers are also available for guidance. As far as leverage is concerned, this also depends on the account you choose to open with 4TFX. Their goal is to ensure that you can also get features like trading education and platform walkthrough.
Trading security measures
In today’s uncertain times when cyberattacks are on the rise, choosing a secure broker is the priority of many traders. If they don’t care about your security, why would you opt for them? 4TFX has made an effort to make their clients as comfortable as possible. They use high-end encryption technology for protecting all data they ask for and other communication. They also keep separate and segregated accounts for clients in order to keep their funds safe. In addition, the broker is also compliant with the KYC (Know Your Customer) and AML (Anti-Money Laundering) policies for ensuring that all authentic profiles are created on their platform.
Trading support services
Support is an important aspect of any product or service. You never know when you will require assistance of some sort and if you don’t get it immediately, particularly in the trading space, it can cause a lot of problems. 4TFX is fully-aware of the importance of trading support and they have given their clients the option of using several channels to get the assistance they need. You can take advantage of email or complete the online contact form provided. There is also a phone number given for any urgent issues. The staff is available 24/7 and their priority is to provide quick yet accurate responses to resolve any problems traders may have.
Along with these features, 4TFX has also provided help to its clients regarding education, which is also helpful. Plus, they have a ‘Refer a Friend Program’ that allows traders to earn by referring people to their platform, making it a good partner for trading.