Future Currency Trading Review
This Future Currency Trading review can help you understand why this brokerage has managed to gain popularity within such a short span of time. It is important to have reasons for signing up with a broker because you want to have a seamless trading experience and be able to achieve your goals with the minimal amount of hassle. It will not take you long to discover that there are hundreds of companies that are currently offering their services in the market, each of them claiming to be the top one. The problem is that with the market overrun with so many options, it can become difficult to simply choose one.
You may like the asset index of one broker, but their security features may not be good enough. Likewise, another platform may have excellent trading conditions, but their customer support may be lacking. Most people often become overwhelmed and end up just opting for a random broker. But, you need to understand that this can lead to disastrous consequences. Since the popularity of online trading has escalated, cybercriminals have also been attracted towards the space. There is a lot of money involved here, which can be stolen.
Similarly, people also have to share their data with online brokers and this can also be compromised by hackers. There have been a number of such incidents where brokerages turned out to be scams and frauds and people ended up suffering for it. Of course, everyone wants to avoid such a scenario, but it is easier said than done. These cybercriminals are very good at their job and are aware of how to create legitimate-looking websites and add such offerings that make it difficult for people to resist them. Moving on, there are also brokers that are not illegal, but are just not good enough.
Their quality of services is not up to the mark and this can lead to a poor trading experience for many. Consequently, you have to be cautious when you are going through the brokerages that can be found in the market. You need to be on your guard against scammers, along with unprofessional brokers that may ruin the experience for you. Sure, you could switch platforms eventually, but this would waste your time and even your money, not to mention the headache it will cause. The easiest way of sorting through the options is to understand why you should sign up with one.
This doesn’t mean that you straight up believe everything they have put up on their website. All of it needs to be confirmed and verified to ensure the broker really does deliver what it has promised. If it is misleading you, it is best to ignore them altogether. It may seem like a good idea to choose one of the oldest brokers in the market, as they wouldn’t have been able to survive if they were fraudulent. But, it should be noted that these platforms may not be as modern as some of the new companies that have been established.
Plus, they have very tough criteria that can be difficult for newbie traders to meet, or they may target a specific category of traders, such as advanced or professional ones. In that case, it is better to opt for a newer and modern brokerage, such as Future Currency Trading. It may not have been around for long, but their unique set of services has helped them in winning a number of awards. They have become a recognized name in the market and are becoming the top choice of many. Regardless, you still need to have some solid reasons for signing up with them and this Future Currency Trading can highlight a few of them:
The financial markets comprise of hundreds of thousands of instruments that people can trade for a profit. There is not just one market; there are plenty of them that exist and each has its own share of instruments with varying levels of volatility. While this volatility certainly carries risks, it is also important to understand that it can also help in generating profits. As the volatility is different for every instrument, it ensures that all traders can find something they want to trade in accordance with their risk tolerance. Not everyone is comfortable with taking high risks.
Reason 1: Array of Instruments
However, just because these instruments exist doesn’t mean that you will be able to trade them. It will depend on the broker you choose because they are the ones that will give you access to the financial markets. Every platform has its own index of instruments and it is recommended that you go through it beforehand in order to know what to expect. This can save you from a lot of hassle down the road, especially if you have some specific markets or instruments in mind.
Apart from that, many traders are also seeking variety in terms of asset offerings because they understand that diversifying your investment portfolio is recommended. Diversification means that you don’t concentrate all your investment in one market. Instead, you spread it across different types of markets because it can mitigate the inherent risks in trading. You can minimize your losses in this way and earn maximum returns. Nonetheless, whether you can diversify or not will depend on the broker you select because they are the ones offering you the instruments.
A strong reason to choose Future Currency Trading over other options in the market is the array of instruments they provide. They have given users access to some of the most profitable financial markets in the world, allowing them to make the most of their trading activities. Some of the options that you will be able to check out are:
Stock: If there is one market that’s renowned for its trading opportunities, it is the stock market. There are a lot of profits to be made by buying and selling stock of the world’s leading companies and Future Currency Trading allows you to take complete advantage. You can trade stocks of Apple, Facebook, Amazon.com, AT&T, Coca Cola, VISA and more.
Forex: Boasting a daily trading volume of more than $5 trillion, the foreign currency market is well-known for its volatility. There are a multitude of currency pairs that can be traded and these include EUR/USD, GBP/USD, USD/JPY, EUR/GBP, AUD/CAD, NZD/CHF and USD/AUD.
Indices: Those who prefer trading baskets of stocks rather than individual ones will find the indices market very appealing. The top indices have been added by Future Currency Trading on their platform and these include FTSE 100, S&P 500, NASDAQ 100 and DAX 30.
Commodities: If you are looking for instruments that have low volatility, the commodity market can provide you with a world of options. You can trade different types of commodities, such as hard ones that include precious metals like gold, silver, copper and platinum and soft ones like corn, wheat, sugar and rice. You can also trade energy commodities like crude oil and natural gas.
Cryptocurrencies: One of the most well-known instruments nowadays are cryptocurrencies that have taken the financial world by a storm. You will be able to trade some of the top cryptocurrencies at Future Currency Trading and these include Bitcoin, Bitcoin Cash, Litecoin, Ripple, Ethereum and Monero.
Reason 2: A Robust Trading Platform
If you ever think about your overall trading experience, then you should remember that most of it will depend on the trading platform that a broker offers to you. Even if they have an excellent asset index and do a good job in other areas, but their trading platform is lacking in some way, you will not be able to trade easily or successfully. This is the software that helps you monitor the financial markets, open and close positions and provides trading tools. In case it is not robust and versatile enough, your whole experience will suffer.
A look at some of the experiences shared by professional traders will show you that even the oldest brokers in the market may not be able to offer you the desired trading platform. As your trading performance depends on this software, you don’t want to make compromises here. Therefore, you need to ensure that the broker you select can offer you solid and dependable platform that can help you achieve your goals. The trading platform provided by Future Currency Trading is another reason to consider opting for this company because it does an outstanding job.
You can access it on your desktop PC, tablet or your smartphone without any hassle, thereby enjoying trading on the move. As for the user-interface, you will find that Future Currency Trading has made it extremely easy to navigate, so people will be able to use it without having to worry about a learning curve. In addition, they have also equipped it with some of the most advanced trading tools that can help traders in maximizing their profits. You will find interactive charts and graphs that can help you in identifying patterns and trends in the trading market and let you see market movements in real-time.
They also offer daily news about the financial markets, along with trading signals. You will also come across an economic calendar that Future Currency Trading has added for keeping track of important events. They provide price alerts and several analysis tools as well. The platform is regularly updated by the broker and also comes with security-features to allow you to trade without any worries.
Reason 3: Facilitating Account Choices and Quick Registration
Registering and opening an account with a broker is a must for you to be able to use their trading services. There is no standard format that companies are required to follow, so they are free to develop their own steps. This can make the process a bit daunting because some companies have stringent requirements and ask their clients to fulfill a lot of prerequisites before allowing them access to their platform. When you want to take advantage of the trading opportunities, you certainly don’t want to waste your time jumping through hoops.
This is one of the reasons Future Currency Trading has gained prominence because their registration process is quick and barely takes a couple of minutes. Who wouldn’t want to access the financial markets quickly and start trading? You can register on the platform by filling out a form on their website, which asks for first and last name, your country of residence, a phone number and an email address and password. Agreement with the Terms & Conditions of the broker is also required and you have to be 18 to open an account.
As soon as you are done, you can check the account options that Future Currency Trading has provided on its platform. The aim behind adding several account choices is to ensure every trader is able to trade in accordance with their expectations, capital and trading style. No two traders will have the same style and may have different preferences, which are catered through different account options. The choices include:
Basic: Asking for a minimum deposit of $250 is the Standard account, which also offers a leverage of 1:200 and has a margin loan of 25%. It provides traders with an account manager, a weekly market review, daily news of the financial markets, a weekly report of the progress of their portfolio and a trading academy.
Bronze: Traders are asked to deposit a minimum of $5001 in the Silver account and they receive an increased margin loan of 35% here. The other offerings include a daily market review and portfolio progress report as well. A portfolio manager is also available and account monitoring is done by a top analyst 24/7. A certified accountant is also provided for a monthly session.
Silver: You have to deposit a minimum of $15001 with Future Currency Trading for their Gold account and this one offers a margin loan of 50%. Traders can now have a 1-on-1 session with an analyst on a weekly basis, attend the live stream of a weekly trading webinar and consult with a certified tax specialist for end of year summary.
Gold: Having a minimum deposit requirement of $50001 the VIP account is the next option you will come across at Future Currency Trading and it offers excellent trading conditions. They have a higher leverage of 1:300 available here, along with a margin loan of 75%. You can now have your sessions with an analyst on a monthly basis. Daily market signals are also provided, along with customized education. You can also take advantage of in-depth research and get invited to VIP events. A VIP advisor is also given, as well as a managed portfolio.
Platinum: The final account that you can open with Future Currency Trading is called PRO and the minimum deposit requirement for this one is $150001. This account offers the highest leverage at 1:400 and gives unlimited access to brokers. There is also a margin loan of 100% available and the spreads in this account are super tight. Traders can enjoy higher payouts and also use a wealth manager. They can attend live stream of trading webinars on a daily basis.
Reason 4: Numerous Payment Solutions
You will obviously have to make deposits and withdrawals when you are trading in the financial markets and the broker provides you with payment solutions for you to do so. There are different types of payment options that exist and not every company will offer you the same ones. Many of them have complex options that can make it tough for people to add and withdraw their funds and this is something you want to avoid at all costs. The good news is that Future Currency Trading has simplified the payment process for its clients in order to facilitate the trading process.
They have added a number of deposit and withdrawal options, which include traditional and modern solutions. You can use the bank wire transfer option for adding and withdrawing funds, which is secure, even if it takes time. There are debit and credit cards supported on the Future Currency Trading platform, including VISA and MasterCard. You can also use online payment transfers, which is another perk because it is highly convenient and quick. The processing time in regard to deposits can vary according to the method, but Future Currency Trading has clarified that their withdrawal approval process will take at least 7 business days to be processed.
Reason 5: Access to Educational Resources
One of the best things about online trading is that it doesn’t require you to have any prior knowledge or skills to be able to jump in the financial markets. But, if you want to achieve success, you need to be properly educated about how these markets work. Your luck will only take you so far before you start making losses and this is something you want to avoid at all costs. You need to learn the ins and outs of trading, but where do you do that? Sure, the internet offers a great deal of information, but not all of it is reliable or accurate.
This is where you will find Future Currency Trading to be an outstanding broker because they have provided their clients with access to a full Trading Academy. Here, they will be able to use extensive educational resources that are added for the assistance of newbies and even advanced traders. Newcomers can use it for understanding the basics and learning how the markets work, while advanced and experienced traders can improve their strategies and understand what mistakes they are making. All this education is available in different forms for the convenience of the traders.
You can find a plethora of e-books, tutorials and videos that can be helpful. There are seminars and webinars that are conducted by market experts on the Future Currency Trading platform and can provide useful and up-to-date information to traders.
Reason 6: Reliable Customer Support
Last, but definitely not the least, if there should be one reason to sign up with a brokerage, it should be because of their customer support and Future Currency Trading does not disappoint in this regard. The value of customer support becomes obvious during the trading process when you get stuck with one thing or the other and require assistance right away to continue trading. Delays in the trading process can be costly and one you want to avoid.
Keeping that in mind, different channels have been added by Future Currency Trading that their clients can use for getting the assistance they require. You can reach out to their customer support team 24/7 and they are available via email and phone as well. There is also the option of filling out the online contact form on their website, which can be used for scheduling a callback at your convenience.
These are some of the top reasons that you should sign up with Future Currency Trading for beginning your foray into the trading market.