The 21st century brought about the advent of the internet and a technological boom that transformed industries. Almost every industry has been affected by these changes and this has resulted in a great deal of improvement and convenience for people. This is also applicable to trading of financial instruments, something that people have been doing for decades. It is known for helping people earn fortunes and many have used it to their advantage, but there were also plenty of people who could only dream about trading and were unable to do so. The financial markets were certainly not easy to access and there were other barriers to entry, such as the investment required.
Thanks to the transformation, online trading emerged as a concept and it has now become one of the biggest trends seen in the last couple of decades. With this advancement, trading has become a lot more accessible and easy, prompting people from all over the globe to try their luck in this space and earn the profits they want. Most of the barriers to entry that existed before have been eliminated, but traders do need to meet one requirement i.e. find a broker to start trading and this is where BTC-Trends review plays an important role.
If you ever looked into traditional trading, then you would probably be aware that brokers were essential to the process even then. With online trading came online brokers, which means their role has remained just as relevant and vital to the process. They are the ones that serve as your gateway to the financial markets, providing you access to the instruments you want to trade, the tools for trading them and the platform for the actual execution. Hence, you cannot cut them out of the process and need to find one to help you get started.
Is it difficult to find a brokerage? No, you can easily come up with a bunch of options, simply by running a Google search. But, this doesn’t mean that your work is done. It will become apparent that there are a multitude of options available when you start looking for one. This is not surprising because there was a surge in demand for these companies due to the influx of people into the financial markets. The lucrative opportunities are hard to resist, especially when online trading has simplified the process and made it easy for everyone to enter the space.
Who wouldn’t want to invest a small amount of money and walk away with a high return, without having to work 9-to-5? The flexibility, convenience and potential for returns has drawn in millions of people, resulting in hundreds of brokerages being established. But, this is where you do your homework and not choose the first company you come across. Why? While the internet has definitely made our lives better, it is also inherent with risks. As it is an unregulated space, cybercrimes are rampant and there have been multiple incidents where people had their money stolen or their identities compromised by shady or illegitimate companies.
These days, anyone can create a website and claim to do anything, so you cannot just accept their word for it and expect them to provide you the service you need. You have to do your homework and dig deep into the company you are considering before you entrust them with your hard-earned money or your sensitive and confidential data. This is how reviews are relevant because you will need to go through them to see exactly what you are going to get when you opt for a broker. One of the names that you will find when you start searching for a reliable and professional broker is BTC-Trends.
Cordelino Ltd, a company registered in St. Vincent and the Grenadines, formed the trading platform to provide its services to traders all around the world. The company has provided the registration number on their website and you can follow up and verify to confirm their legitimate status. In addition, an office address is also provided for your convenience. Even though it may not have been around for as long as some of the other brokerages in the market, BTC-Trends has quickly climbed up the ladder and has received a number of awards, accolades and recognition for tis exceptional services.
While all of this undoubtedly works in the company’s favor, it doesn’t automatically mean that they will be able to fulfill your needs. So, how do you make sure it can? The best way to go about it is to ask questions and know what to expect from BTC-Trends. What should you ask and expect? Let’s find out below:
Broker
BTC-Trends
Website
https://www.btc-trends.com/
Trading Accounts
Five Account Options; Micro, Bronze, Silver, Gold and Platinum
Minimum Deposit
₮5,000
Assets Coverage
Forex, Cryptocurrencies, Stocks, Indices and Commodities
Trading Tools
Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts and Risk Management Tools
Education and Training
Yes; , e-books, online video courses, webinars, tutorials, fundamental market data and market analysis
Customer Support
24/5 through email, phone number, online contact form
Security Policy
KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company
Cordelino Ltd.
Is BTC-Trends Secure?
The first and most vital question that you should ask about any company nowadays is related to their security. As stated above, the internet is rampant with cybercriminals and you can easily find news reports of hacks, frauds and scams happening on a routine basis. Of course, users are required to be vigilant and take measures to keep themselves safe, but the websites they use also have the responsibility of providing a secure and safe environment. This is particularly true when it comes to a broker because they have to protect the money their clients deposit with them and the confidential and private information they share.
If their system is not strong enough, cybercriminals can take advantage and their clients will end up paying the price. With BTC-Trends, you will come to know that security is not going to be a concern because they have been very thorough in implementing the right protocols and measures for creating a secure trading environment for their clients. Their goal is to give them peace of mind and they have accomplished this by using a range of measures for keeping information and funds under wraps.
To being with, you will come to know that BTC-Trends has a Privacy Policy, which outlines exactly what information is stored and how it is dealt with. You can rest assured that it will not be shared, rented or sold to any third-party without your permission or knowledge. They have also added two-factor authentication protocols that clients can use for keeping their trading accounts safe and protected. In the course of offering their services, they have to accumulate a lot of personal information and to protect it, they have used full data encryption.
This means that all information is immediately encrypted and cannot end up in the wrong hands. They also follow rules of account segregation and use the leading banks for storing your funds, thereby ensuring their safety and preventing any discrepancies. In the event of bankruptcy, the funds would be returned to the traders. Moreover, you can make 3D secured payments on the platform and BTC-Trends also complies with PCI DSS standards and provides clients protection against DDoS attacks.
It should also be noted that they follow international security guidelines with the implementation of the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies. The goal of these security policies is to prevent terrorist financing, money laundering, financial fraud and identity theft. Traders who sign up with BTC-Trends would be asked to provide proof of ID, address and payment, in order to use their services without a hitch. This involves the submission of some documents.
A national ID card issued by the government, a valid international passport or a driver’s license can work for proof of ID. A utility bill, whether it is gas, electricity or water, or a bank statement, showing your name and address will suffice for proof of address. As far as payment is concerned, traders are asked to provide photographs of the debit or credit card they intend to pay and a copy of any recent online order. As long as the documents are in your name and not expired, you will have no trouble using BTC-Trends for your trading. If you don’t provide these documents, your account will not be verified.
What kind of trading platform does BTC-Trends offer?
It is not just security that’s relevant when it comes to assessing a broker in order to know what to expect. Yes, security can make a big difference and so can the trading platform. Why? This is the software that you use primarily for executing your trades, monitoring the market and making your profits, which means you will engage with it for the most part. If it is lacking in any aspect, you could have problems during the trading process and this will hamper your ability of making the profits you are after. Therefore, the company’s trading platform can also play a major role in your decision to whether choose their services or look for a different option.
When it comes to the trading platform offered by BTC-Trends, you will come to know that they have developed one on their own, instead of offering one of the preexisting ones in the market. You will find a web trading platform available, which means it doesn’t have to be downloaded or installed. This automatically adds a layer of convenience because a lot of people don’t like the idea of having to go through the hassle of downloading anything.
They have opted to use innovative and powerful trading technology for the trading platform, due to which it delivers lightning fast trade execution, thereby allowing people to open and close positions quickly. BTC-Trends has also taken the time and effort to develop an intuitive user-interface in order to make the platform easy to use for traders of different skill levels, since they are catering to traders from all walks of life. The dashboard is easily accessible and the layout can be adjusted by the traders, according to their preference.
Apart from that, you will discover that BTC-Trends has equipped their trading platform with some of the best possible tools that can prove to be incredibly useful. You will be able to take advantage of live charts and trade from them directly, trading signals, daily analysis, risk management tools, such as various order types, latest financial market news and market data. In addition, mobile solutions for iOS and Android platforms have also been developed, so traders will be able to enjoy trading on the move and have access to their accounts, no matter where they are or what time it is.
Can you diversify with BTC-Trends?
After you have looked into security and the trading platform, your focus should now be on what you will be able to trade through a broker. Why is this important? It is crucial to know what assets will be offered because they will have a direct impact on how much returns you can expect to make and whether you can minimize your risks or not. Lots of companies claim to offer access to various financial markets, but not many are able to live up to them and only have limited options. It can be frustrating to discover this after you have completed all the steps required to open an account with them because you have to start from scratch elsewhere.
Therefore, it is best to know what instruments you can trade via BTC-Trends, so you can avoid being disappointed later on. You will come to know that they are indeed stating facts when they say that you can access some of the most lucrative financial markets via their platform. There are more than 200 trading instruments that you can trade and they belong to some of the leading global markets, allowing you to spread out your investment across as many markets as you want.
Hence, you will have absolutely no trouble in diversifying your investment portfolio, which is the best strategy for earning maximum returns and keeping your risks to a minimum. Some of the top markets you can trade in via BTC-Trends are:
Commodities
Traders who want to start with instruments having low volatility will enjoy the commodities market, which is known for generating consistent and stable returns for its investors. There are numerous categories of commodities, such as precious metals like gold, silver, palladium and platinum. You will also find agricultural products, such as cotton, coffee, wheat, sugar and rice. Traders can also enjoy energies like crude oil and natural gas.
Stock
One market that has been associated with trading from the beginning is the stock market and it has plenty of opportunities to offer to traders. There are shares of numerous companies to be traded, such as Apple, HSBC Holdings, Netflix, Microsoft, Facebook, Tesla and Amazon.
Indices
Another lucrative option that traders can explore is the indices market, where you can trade baskets of stocks with the big picture in mind, rather than trading individual stocks. Some of the leading indices are available at BTC-Trends, such as NASDAQ 100, FTSE 100, S&P 500, CAC 40 and more.
Forex
The foreign exchange market is regarded as the biggest financial market in the world because its daily trading volume exceeds $5 trillion. There are thousands of currency pairs that can be traded and have different levels of profitability. These pairs include EUR/USD, AUD/NZD, GBP/USD, USD/CHF and EUR/GBP.
Cryptocurrencies
Anyone who is looking for volatile trading instruments will certainly want to give cryptocurrencies another look. These digital currencies are one of the most popular instruments in the financial market nowadays and you can jump the bandwagon in order to get a slice of the profits. Bitcoin, Ethereum, Litecoin, Ripple, Monero and Bitcoin Cash are some of the best options to explore.
What account options does BTC-Trends offer?
Now that you know exactly what you can trade with BTC-Trends and have found the offerings up to your standards, you can move onto the next stage i.e. consider the account choices. You will be required to open an account with any broker you decide to use and most of them offer several options to choose from, particularly if they are catering to traders from different levels. Since this is the case with BTC-Trends, it is not surprising that they offer you multiple options to choose from.
However, they are offering five account options, which is certainly more than the usual three options that most brokers are known to provide. The features for every account include some additions and changes, so you need to consider them and then choose accordingly. You can check out the options below and then opt for one that seems in accordance with your risk tolerance, trading style and skill level:
Micro Account
Developed for newcomers in the trading world, the Micro Account is the first option you will find and it can be opened by depositing a minimum amount of ₮5,000. This account provides traders with access to video tutorials and daily analysis for their assistance and guidance. They also get 24 hour customer service in case they have any problems and desktop and mobile trader are both available.
Bronze Account
If you are a beginner trader and now a complete newbie, the Bronze Account by BTC-Trends can be a good option. To open this account, you have to deposit a minimum of ₮25,000. The features of Micro Account are available here, along with the addition of a dedicated account manager and seminars and webinars.
Silver Account
To accommodate intermediate traders on its platform, BTC-Trends has developed the Silver account. The minimum deposit requirement for this account is set at ₮75,000 and it provides the option of premium daily analysis, along with the other features mentioned above.
Gold Account
A step up from the previous account, the Gold Account primarily targets advanced and skilled traders who have quite a lot of knowledge and experience in the financial markets. Therefore, they can afford to make a minimum deposit of ₮150,000 in order to trade. This account makes them eligible for premium customer support and trading central, so they are able to trade without any issues.
Platinum Account
For facilitating professional and VIP traders, BTC-Trends has come up with the Platinum Account. The account requires the same minimum deposit as that of the Gold account. But, where features are concerned, you can find out about them by talking to your account manager. This account option is not available to everyone because it comes with some prerequisites and traders can find out about them from the account manager as well.
Does BTC-Trends provide any educational support?
Not everyone who enters the financial markets will be well-versed in its workings and their lack of knowledge can work against them. You need to know how the markets work, along with other trading jargon and knowledge because all of this can be incredibly useful and can affect your success. While there are various resources that you can find on the internet, not all of them can offer you accurate and up-to-date information. This is where BTC-Trends can be helpful because they have created an education section for their clients.
Here, people will be able to find extensive resources in the form of video tutorials, e-books, articles and even webinars and seminars conducted by experts. They include all the basics as well as advanced trading strategies and tricks that can help newcomers as well as skilled traders in polishing their skills and knowledge.
Along with educational support, BTC-Trends also offers prompt customer support to their clients to assist them in any problem they might encounter or any questions they might have. They offer high leverage for trading and their spreads are quite reasonable, ensuring that their clients can keep their trading costs low and enjoy high returns from their trading endeavors.