Traders looking to upgrade their trade strategies often rely on online trading platforms. The way these online brokerage companies are changing the scenes in trading is commendable. There was a time when traders needed to go all the way to the stock exchange to buy or sell assets. Times have changed and businesses have expanded exponentially, which is why knowing the market is essential for every trader looking to invest in it.
I started out pretty young, which is why I wasn’t that aware of some of the trading platforms that exist today. There were a lot of mistakes that I made in the beginning, which caused me to face a lot of debt. It took me time to learn the skills of trading in the global market, which is why I always recommend traders to first learn before investing. Trading platforms today seek to educate before offering exquisite deals and this one of the major reasons why they continue to flourish.
Traders looking to upgrade their trade strategies often rely on online trading platforms. The way these online brokerage companies are changing the scenes in trading is commendable. There was a time when traders needed to go all the way to the stock exchange to buy or sell assets. Times have changed and businesses have expanded exponentially, which is why knowing the market is essential for every trader looking to invest in it.
I started out pretty young, which is why I wasn’t that aware of some of the trading platforms that exist today. There were a lot of mistakes that I made in the beginning, which caused me to face a lot of debt. It took me time to learn the skills of trading in the global market, which is why I always recommend traders to first learn before investing. Trading platforms today seek to educate before offering exquisite deals and this one of the major reasons why they continue to flourish.
One such platform that is looking to tick all of these boxes is CVMarkets and this platform has built its trade operations to be multi-faceted. I came across this platform during my time surveying various platforms, and I was immediately hooked to the idea of trading with this platform. While every trader has different criteria for selection, my selection basis was pretty plain and simple-credibility.
Being a trader who has seen the dark side of the market all too well, I wasn’t looking to take on any risks, which is why I made sure to run through all of its characteristic features before selecting. I discovered a lot about this platform during my time associated with it and thought it better to share with traders looking to level up their experience in trading or traders who are new to the scene.
Layout
The game of trade is pretty simple, or so it may seem in plain sight. The trading platform needs to up their game when it comes to grabbing the attention of the trader. Having impressive spreads is one way to do so, but in online trading platforms, your interface matters the most. You do not want to have to deal with glitches in the software design or discrepancies in the graphics.
CVMarkets realizes the importance of grasping the attention of the customer, however, their graphic designs are pretty mainstream. I might sound a little judgmental when it comes to the design factor, as I have had way too many experiences with platforms having a dark blue backdrop. I feel like they could do more by introducing a wider variety of colours in the design.
Other than that, CVMarkets integrates its software well within its display and I could easily check the time from the top right corner. While this is an interesting way for the platform to display time on its server, I did notice that there is no option to change the time zones. Not only that, but there is also an option to select the language right next to the time. But you have limited options in that area, as the only language that the platform currently operates in is English.
When you move your cursor along with the main-page graphics, you will notice the effects that make the server dynamic. The server also has integrated graphics that provide substantial room for pop-up lists that feature specifically for the Education Centre and Info. The platform makes it simple for traders to access information, so even if you are a beginner who isn’t aware of much, you will be able to make your way through. Every option is listed simply, which allows for easy access, and you won’t find yourself lost.
I remember my first few experiences with trading platforms required me to search long hours for information. Most of the time it’s the legal page that is difficult to track. While most platforms do not present such transparency when it comes to disclosing their security regulations, CVMarkets enlists all the legal documentation at the end of each page. So, if you want to go through the Terms and Conditions, Privacy Policy, Bonus Policy, Anti-Money Laundering Policy & KYC, Withdrawal, Refund & Cancellation Policy, you can easily scroll down whenever you want.
Trading Platform
CVMarkets has introduced the option to custom-set the chart type and indicators for its customers. This will enable them to make trade reports a lot quicker and on their own terms. Not every trader operates the same way, but the endgame that each one looks for is a good profit. The chart illustrates the current scene of the market for traders, which is why it is so integral for the platform. I do wish that they had done more to make it more interactive, as the design itself is pretty classic.
CVMarkets plays it safe with the platform design, and you won’t find anything that shakes the core of the platform. While this is the best for beginners who are still exploring the scene, it can be a bore for expert traders looking to level up. The service features include a vast range of 200 tradable assets that can be categorized under Trending, Daily% Change and Name while also having the options of popular categories such as Indices, Forex, Stocks, Commodities and Crypto. The platform could improve their collections for Crypto as the market for it continues to expand.
I chose to select the Line chart type from the available options of Line, Spline, OHLC, Scatter and Candlestick. I found that this type was more suited for me as it helped me interpret the chart data a whole lot better. Traders can select the type and indicators of the chart best suited for their trade operations and they do not have the burden of accommodating one particular setting for all operations.
Account Type
CVMarkets offers 6 account types which expand in range depending on the levels of trade operations. The variety of accounts include Self-Manage, Basic, Gold, Platinum, Diamond and Libra. If you are confused about which one to select, you can always have a trial run with the Self-Manage account. This is exactly what I did when I first started out my trade operations on this platform. I wanted to know if they were able to live up to the expectations of the trading conditions they promise to provide.
The account offers a bare minimum package that is well-suited for a trial. It has a minimum deposit balance requirement of €250 and access to a market review. Not only that, but you also get improved leverage up to 100. Once I was satisfied with the trading conditions on the platform, I upgraded to the Diamond account. This package was well-suited for my trade operations with its Diamond Spreads, Financial Planning, Risk Management Planning, Special Ventures, Invitation to VIP events, Private analyst and Priority withdrawals.
While every feature was well-aligned, it was the Bitcoin package in the trade room that I was aiming for. I was assigned a dedicated account manager, Elmer Klein, who really helped me make the most from my selected account. Elmer had a list of other clients, which was why he wasn’t presently available at all times, but he made sure to get back to me. His expertise in the field was impressive, as he had both experience and skill when it came down to trading. CVMarkets has contracted brokers that have been in the industry for a while, which is why they are able to guide a whole lot better to the customers on the platform.
Withdrawal and Deposit
CVMarkets stringently monitors all the transactions that take place on its server, which is why you won’t have to worry about risk management. This is something that the platform takes upon itself to manage. While the impending risks of trading in the global market cannot be eradicated, they can still be avoided. The security regulations of this platform are designed to avoid these risks as much as possible.
The deposits and withdrawals for example require you to confirm your identity. The way the platform has put in considerable effort to ensure security is exemplary indeed. You may find the registration process itself pretty overbearing, but the long-term security that it guarantees for your account is well worth it.
The different methods for the transactions include;
- Mastercard
- Maestro
- VLoad
- Bank Wire Transfer
CVMarkets takes into account most of the common modes of transactions that exist in the market currently. However, traders who are accustomed to using PayPal might face an inconvenience, for that option is not yet linked with this platform.
The withdrawal process is fast and effective but is prioritized based on your account type. So, if you are looking to get a higher priority, you can always upgrade to an account of a higher level.
Final Thoughts
CVMarkets’ strive for excellence has definitely helped it succeed in the market. The trading efficiency that this platform offers its clients is well-worth its affordable entry prices and reasonable commission. My experience has been satisfactory, which is why I have made sure to incorporate most of the details from my first-hand experience in the review. I hope that my unbiased review is of help to potential new customers looking to learn more about the platform.
NOTE: This review is submitted by an independent author. Please exam the terms of condition of the respective website before you make monetary investment. PressReleaseWorldwide.live-website.com does not take any responsibility for your gains or loss.
PR Worldwide Editor