Finance

Finexarena Broker Review – Trading Cryptocurrencies Online

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Though crypto currency came into the market in the year 2009, it was not much popular at the initial stage. But from the year 2017, the scenario began to change and the demand for crypto currency started increasing. With the increase in demand for crypto currency, people who were trading in other assets, felt interested in it and they started trading in this new asset. As the number of traders increased, many online brokers came into the market offering platform for trading in crypto currency. If you are interested in trading in crypto currency along with other assets like stocks and forex, you need to find a reliable broker first. As far as reliability is concerned, one can rely very much on Finexarena, as they are quite reliable having proper tools and the required expertise to give proper guidance to the investors.

The basic advantage of opening an account with Finexarena is that based on the investment capacity of the client, their experts understand the need and goal of each client quite well. A big investor can open a diversified portfolio as they give the option to trade in more than 200 assets, including crypto currencies. If you trade with Finexarena, you will always have peace of mind as you will get good guidance and also see your investment going upward.

There are many advantages of trading with this reputed broker, which can be classified as follows –

  1. a) Trading on multiple platforms – If you want to trade, you can do it from your desktop PC or from your mobile also. You can trade on their Mt4 Webtrader which is an award winning platform. It will also help you to trade in ipad, iPhone and Android as well. With the help of the Smartphone, you can trade from wherever you are, irrespective of the location you are in.
  2. b) Good introductory offers – They have many introductory promotional offers on board and after availing the offer, you can feel that it is a win-win situation for everyone.
  3. c) Safety – They assure that fund of every investor is safe and there is no reason to worry about their loss of money. Without worrying about the safety of the funds, an investor can purely focus on trading and make profits.
  4. d) Withdrawal and deposit – The process of deposit and withdrawal is very easy as there is an online cashier who will manage all the withdrawals and deposits.
  5. e) Supply of educational materials – They provide a lot of educational materials on trading and these are very much useful to those who are newcomers in trading. These educational materials are comprehensive and explain step by step how to enter into the world of trading and start making profit.
  6. f) Provide daily market analysis which is thorough and in-depth – They will provide to each of their clients a detail analysis of the market based on the news and happenings. This daily analysis will help to take the right trading decision of your investments and earn profit, both in the short and long run.
  7. g) Trading calculators – They have a very effective trading calculator with the help of which you will be able to plan your investment decisions quite easily and also, effectively.
  8. h) Bonus – The broker also offers some generous bonus which help to improve your portfolio to a great extent. If your fund base increases, you will be able to buy more assets and increase your profit.

Keeping in view of the market trends, they know the expectations and demand of the traders according to their investment capacity. Hence they have a provision of opening different types of accounts as per the capacity of the investor. The different types of accounts can be categorized as follows –

  1. a) Silver account – In this account category, investment amount limit is 50,000 and in addition to this, investor will get a bonus of 20% on the first deposit amount. You will get a personal account manager with whom you can consult before making the investment. You can expect to earn a return of 1.8% per month and the investment may take around 24 months time to give you that amount of return. If you want, you can withdraw only the interest part every year and let the capital roll on.
  2. b) Gold account – This account category allows an investment up to 100,000 and you will be surprised to know that you will get a bonus of 50% on your deposit amount. So, you can understand by how much your first deposit will get a boost and this will help to improve your profit margin to a great extent. Your investment will give a monthly return of 2.5% and it may take around 12months to see your investment giving that amount of return. You can withdraw the interest once in every 3 months and let the principal roll on and earn the next level of interest. Moreover, you can have 5 trading sessions with a market analyst and you will be provided with a personal account manager to guide you at every stage of the trading process.
  3. c) Platinum – This account is for investors who can invest up to 250,000 and the bonus amount is huge 100% in this account. It means your amount will get doubled when you start investing. You will get the support of a personal account manager and you will get the chance of one to one trading session with a market analyst unlimited number of times. Your investment will start giving you a monthly interest of 3.75% per month and it will start giving that after a period of 6 months. The most attractive part is that you will be able to withdraw the interest every month. It may start acting as your monthly investment scheme.
  4. d) Diamond account – This account is of highest category and it is for investors who are ready to invest up to 1,000,000. The account comes with a huge bonus of 125% and the investment is expected to give a return of 3.75% per month. The investment may take 6 months to start giving return and the trader will get a chance of one on one trading session with a market analyst for unlimited number of times.

Needful Markets – A Recommended Broker for Online Trading

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