As much as you want your trading career to be safe and free of mishaps, the online world is not that always your friend. In the online brokerage industry, you will find a variety of types of brokers. Some brokers are there to help traders make money while others are busy making money themselves only. In addition to that, some brokers pay close attention to the safety and security requirements of the traders, but that’s not the case with every online broker. Among the safest online brokers, you have ETFinance, providing you with a huge list of assets to trade with safety. Why is it a safe broker? Let’s find out.
Why Trading Is Safe with ETFinance
A Broker with Proper Regulation
That’s the first thing you have to notice about any online broker. If your broker is not properly regulated, you should stay away from it as much as possible. No regulation means that anyone in this world can create a website and claim to be a broker. That’s not the case with serious and real brokers. The serious and real ones will always tell you that they are properly regulated by a well-known authority. What it means by regulation is that the broker you are signing up with is being audited by the regulating body. In addition to that, your money is, to some degree, safe because a regulated broker must be following the industry’s standard safety guidelines.
You have to know here that EtFinance is regulated by CySEC. You can rest assured while trading with this broker that your money will not be snatched from you. While meeting the safety standards of the industry, the broker makes sure that all the money you deposit in your account goes to a separate account as well. This means your money is always safe when you deposit it in your trading account with this broker.
You Can Hedge for Safety
The one important thing you will notice with many online brokers is that they usually do not give you any option for hedging. When you hedge as a trader, you are going with a strategy that saves you from unwanted losses or losing a significant amount of money. If you want to trade safely, you also want to trade while applying the hedging strategy. When you hedge, you invest your money in two different assets that are somehow correlated. If one of the assets in which you have invested your money starts to go down in value, you can still rely on the other asset. From the past data, you know that the other asset will move in the opposite direction and save you from huge losses.
You will be glad to know that ETFinance allows you to hedge against risks with the advanced and professional account.
You Can Trade a Variety of Assets
You might not call it a safety feature purely, but you will be surprised to know that it is. When you trade with a broker, you have to gain access to a variety of financial markets. You want to do that for a variety of reasons. First, investing in many assets saves you from putting all your eggs in the same basket. Additionally, you can always explore new options to know where you can make the biggest profits. When you sign up with this broker, you will be impressed by the asset index on its website. There is just about any asset that you can think of on the index of this broker.
If you want to trade cryptocurrencies, you will find a variety of pairs so you can make money off this emerging market. If you are interested in trading energies, you can do that. You can also trade ETFs and CFDs. Keep in mind that these two different types of contracts allow you to invest your money in a variety of assets.
You Can Trade Anywhere and at Any Time
An often unnoticed part of safe trading is you being able to trade whenever you want and from wherever you want. You can’t miss your opportunity of making a lot of money on a particular trade just because you were not at home and your trading platform works only on your personal computer. Instead, your trading platform now has to transform into a modern platform that is available on every device that you own. Even with some of the newest brokers on the market, you do not get to enjoy the benefits of a trading platform on all your devices.
You can trade on the platform of your choice. If you want to trade on your personal computer, you can download the software. If you think uniformity is important as you trade on a variety of devices, you should go with the webtrader. In short, the trading platform from this broker is available on all the operating systems, devices, etc.
You Can Learn and Then Trade
No trading career is safe it starts without proper training. You will be surprised to know how many traders do not understand the basics of trading but they are in the market already. Their brokers and guides are not guiding them in the right direction. On the other hand, you receive a lot of training content from the broker, so you can learn to trade in all the financial markets irrespective of the market conditions. If you like to learn through visuals, you have a variety of videos available for trading. If you want to learn slowly at your pace, you can go with the ebooks.
Final Thoughts
In addition to all that you just read, you have the customer support from this broker that helps you in the most professional way at any time of the day from Monday to Friday. You receive top-notch customer service regardless of which account you have signed up with. In the end, you can always read a complete ETfinance review on the internet to learn about the right broker to start your trading career. It really does not matter which financial market you start your journey in when you have chosen the right broker to guide you.
You must be logged in to post a comment.