It is a well-known fact that online trading has the potential of offering you massive profits, but in order to tap into its offerings, you first have to overcome a number of challenges. One of these is that of finding an authentic and dependable brokerage. This should be simple enough, but has become so tough primarily because there is a huge number of companies that are offering their services. To compound it, each of them makes tall claims and promises the best services and this leaves people confused and unsure of how to proceed. You can use this TradeDays review to find some clarity in this situation.
When you start your search for an online brokerage, you will come across TradeDays quickly because it is a relatively new platform and is making a lot of waves. But, you should always learn some important details about it before you decide to choose it as your platform. What are these things? You can check them below:
It would not be smart for anyone interested in online trading to choose a brokerage without having any idea of the trading instruments that would be available. You need to remember that your profits will depend significantly on the instruments and markets you trade in, so it is best to know what choices a broker can offer to you. After all, there are hundreds of thousands of instruments in the financial markets and every broker will offer you different ones. The good news is that TradeDays gives you the chance to trade some of the most profitable instruments in the markets.
You will discover that the trading instruments at TradeDays are some of the most profitable and leading ones from the different financial markets. They have put together a basket of instruments that belong to markets, such as foreign currency, stocks, indices, commodities and cryptocurrencies. It gives everyone the opportunity to find trading instruments they want to trade and make the most returns.
Another important detail about a brokerage you need to check out is the trading platform because you have to use it for trading purposes. A look at the trading platform at TradeDays shows that they have developed a proprietary web trading platform for their clients. It needs no downloading because you have to access it via the browser and this makes it a convenient solution for everyone because it makes it flexible.
Despite its simplicity and ease of access, the trading platform uses advanced technology and delivers fast trade execution. You will find that TradeDays has also incorporated some of the top trading tools on their platform to help traders in the trading process. These include live charts, custom indicators, trading signals, price alerts, and the latest financial market news as well as risk management tools.
You also need to know what security features an online brokerage is using because trading over the internet has its own security risks. It is a relief to discover that TradeDays has addressed this concern quite thoroughly to satisfy their clients. They are aware of what risks exist and have incorporated features that can mitigate them. They offer two-factor authentication (2FA) for protecting your trading accounts on their platform.
The personal information you share with them is kept under SSL (Secure Socket Layer) encryption, ensuring that it remains safe. The money you deposit with the broker is kept in segregated accounts, which ensures their safety. Another important security feature you will come across is the adherence of TradeDays with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies. This means that all accounts on the platform have to be verified with proper documents, which can keep cybercriminals at bay.
Round the clock customer support, excellent trading conditions and smooth and easy registration are some of the other offerings at TradeDays that can help you choose it as your broker in the financial markets.