If you are looking for an online broker, you will become overwhelmed at some point because of the ton of options that have now popped up. There was a time when the number of brokerages was limited and you didn’t have much room to choose, but things have changed drastically with the popularity of online trading. Nowadays, you can find a horde of platforms to choose from, yet caution needs to be exercised because no two companies can offer you the same quality of services. Assessing a company’s offerings before signing up can help you make a good decision and EcoMarkets review can help you in this process.
This is one of the brokers that has been established to offer trading services to people all over the globe. Nonetheless, this doesn’t mean that you can just sign up directly and start trading. There are certain things you need to check, such as the availability of assets, security offerings, trading platform, and support, before you can make up your mind. Based in Amsterdam, Netherlands, EcoMarkets has distinguished itself in the market quickly and you can assess their offerings through the review below:
Check the asset index
Your assessment of a broker’s offerings should begin with their asset index because you need to know what assets you can trade and the kind of returns you can make. The asset index that you will find at EcoMarkets is one that can fulfill the needs of all kinds of traders. Whether you have a low or high risk tolerance, you will find suitable options because they have added instruments from different financial markets.
First off, it is highly convenient to be able to trade in different markets from a single platform. You will be able to trade forex currency pairs at EcoMarkets and even digital currencies. Stocks, commodities and indices are other options you can check out. You can diversify your portfolio and this helps in keeping your risks to a minimum.
Look at the trading platform
It wouldn’t be smart to choose a broker without looking at their trading platform because this is the feature you will engage with the most. It is the software used for trading, so your trading experience depends on the platform significantly. Here, you will find that EcoMarkets has developed its own web trading platform. This means you can skip the hassle of downloading the platform and can access it on any device, whether desktop, laptop, or mobile, and this allows you to trade on the move.
Moreover, the user interface is highly intuitive, which makes it easy for people to trade on EcoMarkets and the advanced technology delivers fast trade execution. They have also equipped the trading platform with a wide range of tools, such as live charts, price alerts, custom indicators, trading signals, market analysis tools, economic calendar and more. This allows you to make the most of your trading.
Go over their security policies
Trading online means having to entrust your personal and sensitive information with a broker, along with depositing your money with them. Obviously, you want adequate protection because cyberattacks can happen anytime and EcoMarkets has made no compromises in security. They have ensured the security of your funds by maintaining segregated accounts, which means your deposits are only used for trading and there can be no misappropriation.
These funds are also deposited with leading banks to prevent theft. Apart from that, advanced encryption protocols are used on the EcoMarkets platform for protecting your sensitive data from prying eyes. All accounts are also verified under the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies, which can minimize the risk of financial fraud, money laundering as well as identity theft.
You will also find 24/5 customer support available through different channels, educational resources that can help you learn the ins and outs of trading and convenient payment methods for making your deposits and withdrawals at ease, making EcoMarkets a well-rounded trading platform for all.