BTC-Trends Broker Rating
BTC-Trends is a recommended broker for cryptocurrency trading, the broker offers all of its clients an intuitive trading platform with good customer service. You can sign up in the link below or continue reading the full BTC-Trends review to learn more about BTC-Trends.
Are you searching for a BTC-Trends review? If you are, then it is probably because you are considering signing up with the broker for their trading services. Why do you need to do that? Trading financial instruments has been a profitable activity for years; people have been indulging in it for decades and it has just grown and expanded over the years. There are different types of markets that can be explored in this regard, such as the stock, forex, commodities, indices and now the cryptocurrency market as well. This ensures that you will not run out of opportunities easily and everyone gets to try their luck.
One of the best things about trading is that you don’t require any prior experience, knowledge, advanced degrees or certifications in order to start. As long as you have the finance to invest, no one can stop you, but your success will depend on these factors. Other than money, what you need to start trading is a broker. This has been true from the beginning, when there was no concept of online trading. Even then, people could only trade in the financial markets with the assistance and services of brokers and it remained true even when the world went digital.
The only difference is that now brokers exist online, so you don’t have to go out and actively look for one. Instead, you can do a search for them online and find several options presented to you. Here again, you don’t have to worry about any shortage or limits because there are a horde of companies offering their services. The ease and accessibility of online trading has increased traffic in the financial markets and this has prompted the establishment of numerous companies for catering to the needs of traders. Thus, a Google search can give you a ton of options when it comes to a broker.
Nonetheless, this doesn’t mean that you consider all of them equal. Every time you go shopping for something, you always do your research and comparisons before you opt for a product or service and the same should be applicable here. You shouldn’t just opt for any company for their trading services before determining whether they are capable of doing the job or not. On the internet, it is easy for anyone to claim to provide great services and people can even make a website easily. But, actually living up to these statements is no easy task.
You have to be cautious because the online world brings forth the risk of scams and frauds and you don’t want to expose yourself to one. After all, you will invest your hard-earned money and you don’t want it to end up in the wrong hands. Likewise, you want to have a good experience and not end up with a shady company that cannot provide you the right platform and tools needed for trading. Hence, the easiest way to confirm the claims of a company is through a review and this is exactly what you should do in the case of BTC-Trends. You will come across their name when you are searching for a trading platform.
While they may not have been around for as long as some of the other companies in the market, it certainly doesn’t mean that BTC-Trends is any less capable in meeting and fulfilling the needs of its clients. But, the best way to determine this is by taking a look at their offerings in order to understand them and decide whether they can be a good option for you or not. Let’s get started:
|Five Account Options; Micro, Bronze, Silver, Gold and Platinum
|Forex, Cryptocurrencies, Stocks, Indices and Commodities
|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
|24/5 through email, phone number, online contact form
|KYC (Know Your Customer) and AML (Anti-Money Laundering)
An Introduction to BTC-Trends
One of the first things that you need to know about any company is whether it is registered or not. A shady company would obviously be unregistered and can disappear without warning. In order to avoid this risk, it is best to opt for a firm that has gone through the trouble of registration. Based in St. Vincent and the Grenadines, BTC-Trends was founded by Cordelino Ltd. and is registered for offering its trading services to traders in different parts of the world.
You will be pleased to know that they are not just making false claims of registration, as they have provided the registration number on their website and you can easily follow up and verify their claims. This is certainly reassuring because this tells you that BTC-Trends will not vanish with your funds and they have also provided a registered office address.
Trading Instruments at BTC-Trends
After you have determined whether a company is registered, you should see if they are providing the instruments you want to trade. As mentioned above, there are different financial markets that exist and each of them offer you a plethora of instruments for trading. You will have plenty of options at your disposal when you are thinking about entering the trading world. But, it is important to bear in mind that the risk and profitability associated with each instrument and market also varies. It is something that people should take into account before they decide where to invest their money.
For instance, some people have a high risk tolerance and want to earn profits quickly. In that case, they would do better with volatile markets like forex that also carry high risks. Those with lower risk tolerance can opt for other instruments like commodities that can offer lower yet stable returns in the long run. What you can trade will depend on the broker you decide to register with. Every company has put together their own asset index and you need to check it out to see if they are providing what you need.
When it comes to BTC-Trends, you will be pleased to discover that they have put together an extensive range of instruments, allowing them to cater to the needs of as many traders as possible. Whether you are interested in just a single instrument or you want to diversify, they have more than enough options to accommodate you easily. There are more than 200 instruments available and these belong to different markets. First off, they allow their clients to trade in the stock market, which is one of the most popular markets in the world.
You can trade stocks of different companies and businesses from all over the globe, including Apple, Google, Microsoft, Amazon, PayPal, Coca-Cola, Netflix and more. BTC-Trends has also added the option of venturing into the forex market, which is recognized as the largest market in the world. You can trade a range of currency pairs, such as EUR/USD, USD/CHF, AUD/NZD and GBP/USD. The commodities market can offer you some stability and a huge variety as well. There are commodities like precious metals, including gold, silver, platinum and palladium, agricultural items like wheat, corn, coffee and sugar and energies like oil and natural gas.
For more options, there is also the indices market that comes with some lucrative choices like FTSE 100, S&P 500 and NASDAQ 100. BTC-Trends has also kept up with market changes and added the most in-demand instruments nowadays i.e. cryptocurrencies. You can trade Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, XEM, Monero and others. With these options at your disposal, you can easily diversify your investment portfolio, thereby minimizing your risks and maximizing your profits.
Trading Platform at BTC-Trends
If the broker offers you the trading instruments you wish to trade, you should now take a look at their trading platform. This is important because the platform is the primary tool you use for making your trades. It will determine how easy or hard execution will be, the tools you will have at your disposal and can also affect your profitability, depending on its performance and speed. Different kinds of trading platforms exist in the market and it is up to the discretion of the company to decide which one they wish to offer to their clients.
Some also opt to develop their own version, adding the features they believe will be useful to their clients. This is what BTC-Trends has opted to do. Rather than using any of the existing trading platforms in the market, they have chosen to come up with their own for catering to their clients. The first thing you will discover about their platform is that it is a web-based one, which means that you access it through the web browser. It doesn’t have to be downloaded or installed on anywhere and you can use it on any device that has or supports a browser.
This is undeniably convenient because it enables you to trade on any device available to you at a given time and you don’t have to be restricted to one. You can enjoy a great deal of flexibility and trade from anywhere and anytime, whether it is at home, in the office or while you are traveling. BTC-Trends’ trading platform works on PCs, laptops, mobile devices, like tablets and smartphones. You can use it on both iOS and Android devices. As far as the functionality and features of the trading platform are concerned, you will certainly not have any cause for complain.
You will find that despite being powered by innovative trading technology, the BTC-Trends trading platform is simple and easy-to-use. The user-interface has been designed to be user-friendly for the purpose of ensuring that every trader, whether they are a newbie or an expert, can use the platform without any learning curve. It offers superior trade execution and allows you to see the results of your trades reflected in real-time. You can take advantage of a number of trading tools that have been incorporated into the platform.
There are some impressive ones, such as live charts, trading signals, custom indicators and price alerts. You also have the option of adjusting the platform’s dashboard to your needs, as the layout is customizable. Moreover, BTC-Trends provides you access to the latest happenings in the market and gives you actionable insights and market analysis that can be quite useful. You will be able to use these tools for improving your decision making and earn high returns on your trades.
Registration and Account Options
When you are done assessing a broker’s trading platform, it is time for you to take a look at what they require from you when it comes to opening an account. It is essential to know the requirements because some companies have rather complicated and extensive ones. Not only can they take up your time, but also cause a lot of stress that you would rather avoid. In fact, many people end up abandoning the process halfway because they become frustrated with it. BTC-Trends doesn’t want that to happen, so they have kept their registration process quick and simple.
There is only one form that traders are required to complete on their website and it doesn’t go beyond the basics. You can fill out the form on the BTC-Trends website in under five minutes because it just requires details like first name, last name, phone number, and country of residence, email address, password and an account currency. You have to agree to their Terms & Conditions, which you can find on their website easily. Last, you need to be 18 and you will be able to register with them without any fuss.
After you have done so, it is time to take a look at the account options and choose one to open. Multiple account choices are usually given to traders in accordance with their experience and skill level. You can compare the different ones and opt for one that suits your needs and requirements. BTC-Trends has added a total of five account choices for their clients to choose from. The first account is called Micro and is a good option for those who are trading for the first time. It can be opened with a minimum deposit of ₮5,000.
This account gives access to the desktop and mobile trader, 24/hour customer service, video tutorial and daily analysis that can come in handy. The next account option is known as Bronze and this requires a minimum of ₮25,000 to be deposited. Along with features of the previous account, there is the addition of a dedicated account manager and webinars and seminars. It is good for beginner traders with a little bit of experience. The third account option is named Silver and it is a good choice for intermediate traders. The deposit requirement is increased to ₮75,000 and this account gives access to premium daily analysis.
The next account option that BTC-Trends has introduced is called Gold and this one is for skilled traders with extensive experience in trading. Therefore, the deposit requirement for this account starts at ₮150,000. This account gives users access to premium customer support and Trading Central, along with the other features the broker has to offer, leading to a comprehensive experience. The final account choice that has been added to the list is called Platinum and this one has the same minimum deposit as the Gold account.
But, where features are concerned, you should speak to the account manager because this account is for VIP traders and there are certain requirements that have to be fulfilled to qualify for this account and access its unique features.
Payment Options at BTC-Trends
You can evaluate the different account options and choose the one that seems suitable to you. But, you will have to meet the minimum deposit requirements in order to open one and start trading. Moreover, you will require funds in order to open and close positions and this means you have to make the deposit in your account. But, the question is how can you do it? To answer, you need to take a look at the payment options supported by the broker, which can vary from company to company.
When it comes to BTC-Trends, you will find that they have added a range of payment options that include both traditional and modern ones. You can choose any option that seems convenient to you. The traditional option includes bank wire transfers, while the modern ones include debit and credit cards, such as Visa and MasterCard. Apart from that, e-payment solutions have also been added by the brokerage for your convenience and ease. These include Skrill, Neteller and more.
These methods can be used for both deposits as well as withdrawals. In most cases, the deposits are made instantly and free of cost, but the time taken for withdrawals can vary, depending on the payment option you decide to use. In addition, BTC-Trends takes at least five business days for processing your withdrawal request. They also have a minimum withdrawal requirement of $50 per transaction. As far as the fees associated with withdrawal is concerned, it will depend on the method you are using.
It is important to remember that for your transactions to go through, your trading account with BTC-Trends needs to be verified. This means that you have to comply with the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policy requirements, as these are implemented on the platform. Under these policies, you are asked to provide proof of ID, proof of residence and proof of payment. For the first, you need to provide a government-issued form of ID, such as your national identity card, international passport or driver’s license.
For the second, traders will be asked to provide any utility bill, such as gas, electricity or water, which shows their name and address. The last one typically needs a statement showing online transactions, or other relevant documents. If you plan on using a card, you have to submit front and back photographs of it. It should also be noted that BTC-Trends does not support third-party transactions, so the card or account you intend to use for deposits and withdrawals should be in your name.
Customer Support at BTC-Trends
Last, but definitely not the least, you need to take a look at the kind of support you are provided by a brokerage. This can make a big difference in your trading experience because if you get stuck with a problem, whether it is with the trading platform or with any other feature, you want to get help immediately. Also, even a slight delay in trading can result in hefty losses, especially when the market moves suddenly and you are unable to make trading decisions during this time.
Well-aware of this fact, BTC-Trends has incorporated a strong customer support department. They are available 24/5 to assist their customers, regardless of the kind of problem they have. In order to facilitate their clients, they are using various channels and you can pick from one of them as per your convenience. You can go to the Contact Us section on their website to find the options that are available. There is an email address that you can use for sending in your queries or concerns.
If you don’t find this option suitable, they have also provided a phone number that you can use for getting in touch with their customer support team. BTC-Trends also gives its clients the option of arranging a callback at their convenience by filling out the online contact form on the website. Their customer support representatives are responsive and friendly and you will get an answer to your problem quickly.
After you have weighed the different offerings of the broker, you can determine that BTC-Trends is a reliable option for you to consider starting your trading journey with them and they can offer you a well-rounded experience.