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In the modern world, it is not difficult for you to find an online platform for trading. However, what you will find really difficult is to pick one company that offers you reliability in terms of secure and safe trading. When I say security and safety, I am talking about the many features that online trading platforms are supposed to have in place to provide you with peace of mind. In other words, you are the center of all these features. I think you will obtain great value when you read this complete FinuTrade review that I have created only to highlight the great safety features of this company.
I won’t claim that you will not find another platform that comes even close to it. However, what I can claim is that the security features are definitely commendable. Do you want to know what those features are and how they will be of any help to you? Find out in this review.
KYC and AML Security Features
While these are just policies that online platforms offering trading services have to adhere to, they prove to be a great system to keep illegal trading away from the platform. Now, if you look at the KYC policy, you will realize that it requires you to submit a lot of personal information to the broke before you sign up. I would like to help you in this regard. This information is obtained to create a unique record for you into the system. If there is no unique record, anyone can sign up with the company using your personal identification information.
The AML policy specifically targets people who are trying to use an online platform for money laundering motives. They try to use the platform to keep their money on it for some time and then they pull out the money to use for various illegal purposes. Nothing of that sort can be done on this platform because of the AML policy features. They require you to submit the pictures of your banking documents along with other details that a money launderer will never be willing to provide.
Encryption of Sensitive Data
You might think that your personal and banking information is the only sensitive data you give out on the website. However, when you look closely, that’s not it. The important thing you have to realize is that in the modern digital world, any piece of data about you, your location, or computer can give someone access to you, your bank accounts, and your identity. For example, by knowing your IP, hackers can know your location, and then they can try to invade your computer. So, what you want is a website that encrypts your data as soon as you enter it on the website.
You can breathe a sigh of relief knowing that this company encrypts all your sensitive data so you can feel secure and safe while you trade on the platform.
Funds Segregation
Can you ignore the fact that when you sign up with an online broker, you are trusting a company that might not even be located in your country? Taking such a step requires you to be courageous and bold. However, you have to look into all the options that prove you are on the right platform. In this case, the company has taken all the needed security measures by segregating your funds from its own. This is a requirement for the online financial services providers to secure your money. You will be glad that FinuTrade segregates your funds as soon as you deposit them in your account.
Final Thoughts
There is a lot that you will learn when you start trading online, and the importance of security is one of those things. I don’t want you personally do it, but in your heart, you will thank me for bringing your attention to this important factor. Perhaps, you will also thank me for informing you about a broker like FinuTrade.
