Author Archives: Bentley Kapoor

Global iTrader Review: The Excellent Trading Conditions Traders Enjoy With Global iTrader

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Global iTrader Review

Online brokers are increasing in number with time. When you research and compare them, all of them seem to be claiming to be the best. Of course, not all the brokers can be the best. You have to look into the features they have and the trading conditions they produce for the traders to decide the best one out of the bunch. Now, Global iTrader has been appearing quite frequently among the best brokers when it comes to trading conditions. Traders are of the view that the broker creates the best conditions not only for experienced but new traders as well.

When trading with Global iTrader, traders believe they get the best shot at making money from their trades. On the other hand, many other brokers out there are focused on their own money. They charge huge commissions and create trading conditions that don’t let the traders make money. Let’s see how Global iTrader has turned into one of the most favorite online brokers for traders from around the world.

Trading Conditions for Traders with Global iTrader

The first thing that you have to look into as a trader is the amount of money that you will be paying to the broker when you start trading. It is understood that the broker is going to charge you some money for its services in some form. Some brokers go with the commission model in which you have to pay some commission on every trade you make. Some brokers prefer spreads over charging commissions. The best thing is that you get to enjoy some of the best spreads when you trade with Global iTrader. Low spreads mean that you are able to make great profits on your trades.

In addition to low and tight spreads, you also get to enjoy some big leverages. Leveraged trading is what makes online brokers so attractive for traders. When you get leverage from the broker, you can control huge trades with minimal deposits in your account. Leverage comes in the form of a contribution from your broker’s side. For every dollar that you spend on a trade, your broker agrees to spend 50, 100, or even 200 dollars. This helps you control huge trades even when you have only a few hundred dollars in your account. With Global iTrader, you will get up to 1:200 leverage. Such huge leverage is not available with every online broker.

Another important thing you will notice is that many brokers do not let you control your risks and losses. If your trade ends up going into loss, it could keep going into loss unless the deadline of your trade approaches. On the other hand, you can use techniques like hedging and stop loss to prevent yourself from going into uncontrollable losses. Global iTrader has no problem in giving its traders the liberty to control their losses. You will be surprised to know that many brokers actually charge you money for this feature. They strip basic accounts of these features and include them only in the advanced accounts.

The Many Tradeable Assets and the Trading Platform

The next big things you have to see in your broker are the trading platform and the tradeable assets. First, you want to see how many assets you will be able to trade with the broker because as a trader you would want some diversity. You want to spend your money in different markets for hedging purposes. Not to mention, market conditions can continue to change and you want to invest your money in places where you know you are going to benefit from your trades. With Global iTrader, you have access to five different asset classes. Within these asset classes, you get to trade many additional categories of assets.

For example, when it comes to commodities, you will get to trade soft commodities, precious metals, and even energies. In addition to that, you have the best currency pairs from around the world in the forex section. You can also trade the stocks of the biggest companies of the world in the stocks section. However, you have to keep in mind that you will be trading all of these assets in the CFD format. The biggest addition to the asset index made by Global iTrader is the cryptocurrencies. You now have access to half a dozen different cryptocurrencies from Global iTrader’s trading platform. You can trade these cryptocurrencies against some of the most stable and liquid currencies of the world.

As for the trading platform, you have MT4 available to download on your desktop computer. You can also access the web version of the trading platform which delivers the same trading experience no matter which part of the world you are in and what device you are using. The mobile applications are another big benefit for traders who trade with Global iTrader. They can use the best mobile applications for trading on their iPhones and Android devices.

You will be surprised to know that Global iTrader  is now offering you an opportunity to invest in the cannabis stocks. That’s a new market and can give your money the boost you have been looking for.

Easy Money Transfers

Among other things, it also matters how easily you are able to transfer money in and out of your account. When you become an active trader, you have to deal with withdrawals and deposits a lot. It is then the job of your broker to make things easy for you. You will be happy to find out that credit, wire transfer, and electronic transfer methods are available with Global iTrader. Most importantly, if you own cryptocurrencies and want to transfer money through crypto-wallets, you can do that as well. Crypto-wallet is an option that’s still not available from even the best online brokers.

Bottom Line

If you want to start a trading career without facing unnecessary challenges, you can definitely trust Global iTrader. This broker has been actively improving its policies, trading conditions, asset index, and all the features to make things easy for the traders. This is the reason Global iTrader has spread in more than 60 countries of the world at such a fast rate. It does not matter how good the trading platform is or what the welcome bonus is, you should pick your broker mainly for the trading conditions because they will affect you for as long as you remain a trader.

Choosing the Right Forex Trading Platform is About Accuracy and Efficiency

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Forex market is one of the best opportunities for investment that prevails in today’s date. And for this reason, there are a lot of investors who are showing keen interest in currency trading (including cryptocurrency like bitcoin). Most of them are trading these assets to take the benefits from its liquidity that is offered by the global foreign exchange.

While investing in forex market, there are many people who think that by following what others are doing they can earn a huge sum of money. But it does not work so simple. You should instead learn proper strategies by taking the help of free webinars, video tutorials, tools, e-books, etc. about trading and market updates. Additionally, you should always remain firm to your position. Being defensive with your investment is good in case you do not want to lose money.

Crypto Comeback Pro is an automated cryptocurrency trading app that automated all of a traders actions and leaves out emotion and fear, decisions are made by the software only on the signs that the markets are crashing or booming. Entering a trade at the right time is %99.9 better than human trading, because it works on an algorithm programmed by expert traders and can ultimitely cut losses and increase profits for even the most novice traders.

Day trading in Forex refers to making short trades for a meaningful short period of time and closing the trade within the trader closes up the session. Day trading can include scalping which is going for fast trades with small profit targets and trying to catch a daily move in the prices. These Day trades are opened and closed within a single session and are therefore risky to accomplish if done without proper knowledge and trading platform.

The market of Forex trading is big and there is an endless number of Forex trading platforms available from different online Forex brokers. You need to make the best selection and therefore you need to choose the best Forex platform and ignore the bad ones.

Duxa Capital is the right choice for you as you can get started into trading with them without facing too many risks. It relies on a simple, intuitive interface to display a variety of live updates – which can also be presented in the forms of graphs, as well as a variety of other visual displays that make it easy to understand complex information quickly.

Although the platform performed well over recent years, it is still fairly young. It aims to provide you with an in-depth solution that covers virtually every key feature you’re looking for in a forex trading app, and it compiles all of these features into a wonderful visual interface that makes it easy to navigate through all of the data it provides you.

The software acts as a foreign exchange expert and is often relied heavily on as a useful source for computer generated alerts. The accuracy and efficiency of such trading platforms depend on the error free programming without which it is useless. This is essential as you may know that the signs for the best opportunities for trading do not come from a single database.

Therefore, you need to search for such companies that offer signal generating systems that can utilize and analyse data taking different market indicators at a particular time. It should also be able to gather information regarding the market based on various trading trends.  This will surely make it a useful impressive as well as unique alert generating solution. It should essentially encompass those trends about Fibonacci levels and breakouts.

Therefore, when you are looking for the best forex signal solutions, you should consider both the forex robots as well as the different sources of data. This will help you to find the most important suggestion on opportunities and also get timely reminders. For the soon to be traders it is a very useful thing to know and appreciate that fact that all automated signal generating systems are not synonymous along with the immediate expenses.

InvestTeck – Why you Should Avoid this Broker?

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InvestTeck Scam Warning

When you begin searching for a new online broker, you will find the internet teeming with options. The problem is that every broker’s website will make tall claims and offer you the world, but when you delve deeper, then you realize that not all of them can be relied upon. There are tons of stories about brokerage scams and many traders have ended up losing their hard earned money. If you don’t want that to happen to you, it is best to do your due diligence. This means checking different aspects of a broker before signing up with them because once you do that, your money will be stuck. If it is a fraudulent entity, they will not let you withdraw your money.

The same applies to InvestTeck. When you check out the website, you will believe it is the best broker out there and can cater to your needs in the best way possible. But, a close look may reveal otherwise. It is a CFDs and forex broker, owned and operated by GreenRiver OU. According to their website, InvestTeck is a financial services provider that offers a wide array of investment products, but the reputation of the company behind it is quite questionable.

Crypto Comeback Pro is an automated cryptocurrency trading app that automated all of a traders actions and leaves out emotion and fear, decisions are made by the software only on the signs that the markets are crashing or booming. Entering a trade at the right time is %99.9 better than human trading, because it works on an algorithm programmed by expert traders and can ultimitely cut losses and increase profits for even the most novice traders.

There is no doubt that InvestTeck does offer an extensive selection of currency pairs. You can find more than 50 currency pairs, which include major, minor and exotic ones. Other than currency pairs, the broker also provides a number of CFDs, which include different stocks, some agricultural commodities, natural gas, silver, gold, platinum, oil, 5 indices and even some prominent crypto coins, such as Dash, Bitcoin, Ethereum, Ripple and Litecoin. Also, their minimum deposit requirement is also in the same range as that of reputable brokers. You have to deposit $250 to get started as an initial investment, which seems acceptable.

However, these features are not enough to counter the problems associated with this broker. If you are wondering why InvestTeck should be avoided, here are some major reasons:

No regulation or license

As mentioned earlier, the company behind InvestTeck is the GreenRiver OU, which has its offices in Estonia and Ireland. It should be noted that all companies that offer financial services in the European Union should have a proper license issued by an official regulator, such as the BaFin in Germany, the state bank regulator in Tallinn, Estonia, the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Ireland and the Financial Conduct Authority (FCA).

InvestTeck claims to be regulated, but if you check the Estonian online registry, you will not find the broker listed. It is not licensed by any other organization either, which is an indication that InvestTeck shouldn’t be trusted. In addition, there are some other brokers that are operated by GreenRiverOU. The local regulator has blacklisted them and the Australian Securities and Investment Commission (ASIC) has also banned them and this doesn’t speak well about the company.

Unusual withdraw conditions

One of the most notable offerings of InvestTeck is the 200% welcoming bonus promised to all clients. For some people, this sounds like fantastic news, but when something is too good to be true, it usually is. In reality, the broker just uses this as an excuse to cancel all the withdrawal requests that are submitted by traders until they achieve a minimum trading requirement of $2,000,000 for every $500 that you get as a bonus. This practice is regarded as very controversial, so much so that it has been banned in Europe and no brokers are allowed to use it.

Other additional fees

If you check out the most reputable brokers in the market, you will notice that they are all straightforward and transparent about their fees. They don’t have any hidden charges, which is another assurance of their legitimacy. The fact that InvestTeck has various additional fee that it doesn’t disclose right away sends up a red flag. The broker charges a 3.5% service fee on every withdrawal request, which is not less than $30. Moreover, there is a $7.5 monthly maintenance fee to be paid, $5 for every successful trade made and $1.5 is charged as profit clearance fee.

The bad news is that this is not where the charges end. A trade commission is also charged by InvestTeck if you don’t achieve a trading volume of $1,000,000. There is also an additional fee applicable when you make the withdrawal through a credit card. It is worth noting that such fees are not charged by any of the legitimate brokers in the market.

Limited payment methods

As compared to other similar brokers, InvestTeck has limited payment methods to offer to its clients. You can only use BPay, MasterCard, Visa and bank wire. You will not find any e-wallets like Skrill, which is a red flag because they have recently introduced a new anti-scam policy, which means they only offer their services to officially authorized brokers. Since InvestTeck is not a properly licensed, Skrill is not supported.

High spreads

The spreads offered by a broker have an impact on your cost of trading so they are definitely worth considering. The problem with InvestTeck is that the spreads are relatively higher than other brokers in the market. The EURUSD spread is around 3 pips, which is nearly twice as much as regular brokers charge.

MetaTrader 4 not supported

This is another negative aspect of InvestTeck as they don’t support the popular MetaTrader 4 trading platform. Instead, they have a very simple web-based trading platform that lacks a number of trading features that are available with the MT4. The lack of features of InvestTeck’s trading platform and the fact that it is not compatible with most devices indicates that it is quite unstable. Such platforms are usually vulnerable to cyber-attacks and are a breeding ground for identity and data theft.

Conclusion

InvestTeck is not a properly licensed and regulated broker, which means trusting them with your funds is not safe. Such brokers are mostly scams and it is best to steer clear of them.

RoyalCBank Review – Is Royal C Bank a Good Broker For Cryptocurrency CFD and Bitcoin Trading?

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Royal C Bank Brokerage Review

It is a given that traders will choose brokers who have garnered a good reputation in the industry. While RoyalCBank is a relatively new platform in the market, it has gained a lot of popularity in the trading world and is becoming recognized for its educational programs and excellent service. Operating on a global scale, RoyalCBank is providing trading education to existing and potential traders in regard to cryptocurrency, forex, stock and other kinds of trading. The global financial markets can be accessed through a renowned web-trader, MetaTrader4. You can use it for trading forex, cryptocurrency, futures contracts, precious metals and equity indices.

Another major perk of using RoyalCBank is that it allows you to operate through smartphones, laptops, tablets as well as desktop computers. The software used on this platform is compatible with all these devices and their operating systems. You can also find a variety of accounts at your disposal when you wish to start trading, which include demo, Islamic, standard spread and ECN capabilities.

Everyone can make use of MetaTrader4 and other traditional platforms and enjoy a high leverage ratio. All traders can enjoy universal accounts that provide increased transparency and lower spreads and transaction fees. RoyalCBank also offers affiliate relations, which come with plenty of benefits. The latest 256-bit SSL technology is used for encrypting all the personal information of traders and there is excellent customer service is provided.

Let’s take a look at the unique features that traders can enjoy when they decide to use the RoyalCBank trading platform:

  • Variety of platforms available

The RoyalCBank team is committed to providing traders with the best so they have chosen to use the easy-to-use and admired MetaTrader4 product line. This line of product comprises of Meta Trader 4, Android Trader, MT4 multi-terminal, MT4 iPhone and iPad trader and MT4 Mac OS Trader. As long as you have access to an internet connection, you can use the RoyalCBank platform for trading regardless of what day or time it is. Institutional and professional traders who want high volume throughput can use ECN accounts for getting them at lower fees and tighter speeds. These accounts have been created especially for this purpose. There are additional options o trade that can be found with Mirror Trader.

  • Deposits and Withdrawals

All standard deposit methods are supported by RoyalCBank. These methods include bank wire transfers, credit cards as well as local payment providers. All these methods are completely reliable and make it easy for the platform to move clients’ funds. As far as withdrawal requests are concerned, they are also processed as soon as possible. If there is a delay, RoyalCBank makes certain that the client is promptly informed. However, the platform does request all traders to have their internationally mandated identity information in the form of soft-copy and also on file to speed up the transactions. It is recommended to do this before a request to be brokerage is submitted. All traders across the world need to follow this rule.

  • Extensive support for beginners

Another feature of Royal C Bank that stands out is their customer service department, which is made up of a sincere and dedicated team of employees. These people put in plenty of extra effort on a daily basis to ensure that the millions of traders out there have a wonderful experience. They have been given a number of awards, which exhibit the quality and credibility of the platform to traders who still are trying to make up their mind about it.

As RoyalCBank services are available globally, their team of customer service provides their support in numerous languages such as Chinese, English, Urdu and Arabic. Some of the modes of communication that can be used for contacting the customer service department include live chat, email and phone. These services can be accessed round the clock by all traders who decide to use the platform for their trading needs.

  • High leverage available

No matter what trading style you may have, RoyalCBank can cater to your needs as they offer both levels (1:100 and 1:200). Nonetheless, traders should bear in mind that these ratios can also lead to quick losses so you need to be sure and understand the risks that are involved and how to manage them.

  • Security

Privacy and security are also a priority at RoyalCBank and all information is outlined in the privacy policy on their website. Encryption systems and security measures are used by the platform in order to ensure that all interactions with the website are safe and secure. As every single transaction is performed under secure protocols, there is very little chance that someone else can trade from your account unless you hand over your username and password. Therefore, users should remember not to share their passwords with anyone, even if someone claims to be from RoyalCBank and asks you to do so.

When you decide to use RoyalCBank for your trading needs, you should keep it in mind that you have to be at least 18 in order to begin. In addition, you should also be aware of legal restrictions of the country of your residence so you don’t break any laws. Plus, there are risks involved and you should only start trading if you are ready to take them on. If you don’t have the skill and experience, here again Royal C Bank can help because it provides you with plenty of materials to help you learn.

At RoyalCBank , you will come across e-books, videos and webinars that are all aimed at helping people in enhancing their knowledge about trading. The more knowledge you gain, the better your chances are of learning how to trade thereby minimizing your risks. Thus, with Royal C Bank you can get the trading skills you desire and then use it or reaping profits in the long run.