Since there is such a large number of online brokers on the internet, it is important to conduct a thorough analysis and comparison of the firms. For more than 5 years, I’ve been actively involved in trading. It all started with intensive research to find a brokerage firm that could not only meet my immediate needs but also help me achieve my long-term objectives.
My previous trading company let me down when its server crashed, resulting in the loss of transaction records and money due to inadequate backup software. After that devastating loss, I’ve determined to never do online transactions again, but I can’t fully avoid it because of my business needs. As a result, I began evaluating all of the trading platforms to see which one could offer the best service.
There are hundreds of online trading companies on the market, each with a flashy portfolio and cutting-edge features that make it difficult for investors to select, and they often ignore their actual needs. During my search for a reliable and consistent online trading platform, I first created a list of services I need, such as the most up-to-date and reliable software, broker rules, data protection and company assurance, and so on, based on my specific business needs. I used this checklist to objectively evaluate the companies on the market and choose the ones that would better represent me. TopMarketCap was the only name that came up after I filtered out my top picks to see which one could meet my standards of safe and accurate trading execution.
Certain characteristics, such as the most recent tools, the development platform used, reliable and consistent investment practices, security assurance, and customer service, are things to consider when implementing a trading network, as they would pay off in the long run. Some of you may believe that I have so many demands from an online broker in any way, but I have my reasons. As an investor, I should choose a platform that offers me safe and profitable trading facilities that are up to date.
Web Design
I’ve been a client to several online forex companies now that I’m an experienced trader. This gives me an advantage so I can equate the features at TopMarketCap to those I’ve used previously. The website for TopMarketCap is one of the most user-friendly. It is clear that it is built with the fact that the platform is used by traders of various ages and levels of expertise in mind.
You’ll be able to find the desired button in no time thanks to integrated graphics and simple navigation. While the core structure remains the same, their creative presentation elevates the experience to new heights.
Another drawback I discovered was that the website only supported English and German. I have a few customers in China, Turkey, Egypt, and a few other countries that choose to do business in their native tongue. As a result, having more language choices will be beneficial to their website.
TopMarketCap is one of the few online trading tech platforms that works on a variety of mobile devices, allowing users to view their accounts from anywhere in the world at any time. This aspect was the focal point of my criteria and focus. My accounts can be accessed and modified using a web browser on both my desktop and my smartphone.
Overall, the website is very user-friendly, and the graphics make it much easier to use. It is easy to use for both new and experienced traders.
Investment Opportunities
The platform allows you to exchange over 200 assets across a variety of categories, including securities, stocks, cryptocurrency, and more. I was especially impressed when I learned that all traders at TopMarketCap are required to register in the same way. Not just that, regardless of the account type, each of us receives the same number of security layers. This demonstrates how safety is a high priority.
I was interested in using this site because it offers a variety of trading options, not only in the stock market but also in commodities such as economic products, diverse currencies such as Bitcoin, Ripple, Litecoin, Ethereum, and Dash, as well as highlighting the dangers involved with such booming investments.
Service Quality
Service efficiency influences customer retention and engagement, and these aspects have a direct effect on user behaviour. Customer satisfaction is influenced by service quality, and there are several links between service quality, perceived value, and loyalty. TopMarketCap has so far provided me with great service.
This platform’s customer care is outstanding; all I had to do was go to the website’s fill-in page, attach a photo of the problem I had, and submit my written question to receive assistance from a customer representative within twenty seconds via live chat or email. A special segment is available to communicate with the administration.
TopMarketCap enables me to keep track of my portfolio based on my preferences, with warnings and notifications notifying me when the prices of my favourite stocks are appealing or hit a certain level. Users will master the thrilling world of CFD trading with the help of their cutting-edge trading platform.
Learning and Education:
Over the years, I’ve come to realise that education and learning never stop. And, regardless of how long you’ve been in the industry, you should be aware of market changes. This is why TopMarketCap has a whole segment devoted to educational investments. As a result, TopMarketCap is recognised as both a resource centre and a trading platform. The subsections include eBooks, Asset Index, Glossary, and FAQ. It shocked me that it wasn’t released every day, but the fact that it caters to a diverse variety of traders, both experienced and inexperienced, made it worthwhile.
Costs:
Cost of using the platform is also one of the major concerns of potential user while selecting a trading platform. TopMarketCap charges minimal cost for using their platforms and services. Despite having requirement of maintaining a minimum balance, the experience, satisfaction and comfort of security surpasses the overall cost of using their platform.
Types of Accounts
Their website’s prime aim is to provide retail traders with access to institutional-grade trading. Depending on my qualifications, experience, and preferences, I could select from one of five account forms.
- Self-Managed
User has the option to self-manage their account with over 200 tradable assets, available market view and flexible leverage of up to 1:100. A minimum balance requirement of €250 is required for this account.
- Basic
A Basic account provides Market Review, Dedicated Account Manager and Trading Bonuses, along with basic spreads and improved leverage up to 1:200. A minimum balance requirement for this account is €5000.
- Gold
Gold accounts not only provide market review, dedicated account manager and trading bonuses, but also, financial management, risk management planning, special ventures, private analyst sessions and priority withdrawal. A minimum balance of €10,000 is required.
- Platinum
Platinum account is a step-up account dealing in €25,000 and more. It has the following features. - Market Review
- Dedicated Account Manager
- Trading Bonus
- Lucrative Spreads
- Significant leverage upto 300
- Trading Signals
- Financial Planning
- Risk Management Planning
- Special ventures
- Invitation to VIP events
- Private Analyst Sessions
- Personalised Withdrawal
- Diamond
A diamond account provides same features as Platinum account. However, leverage offered is up to 400. Minimum balance for this account is €50,000.
- Libra
A Libra account is by invitation only; but is filled with amazing features.
Investment Options:
TopMarketCap provided me with five types of investment options:
- Indices
Investing in CFDs carries significant risk of loss, and the value of your investments can fluctuate. You should think about whether you understand how this product works and whether you can afford to take such a big risk with your money.
- Stocks
One of the most common forms of investing is stock trading, which is also one of the investment options I’ve used and focused on in the past. Unlike my prior encounters with online investment companies, TopMarketCap not only increased my access to a wide range of stocks, but also provided a rush of Wall Street trading.
- Forex
Trading in foreign currency has never been this easy and fun. I am able to trade in various foreign currency using a single window; while reviewing their past trend.
- Crypto
Crypto is one of the categories that I had never traded-in in the past. However, TopMarketCap made me realize that digital coins have transformed the way we transact, think and invest. TopMarketCap deals with different crypto currencies like Bitcoin, Ripple, Litecoin, Ethereum and Dash; meanwhile remarking the associated risks of such booming investments.
- Commodities
User has the option to deal in commodities via TopMarketCap. Commodities like Gold, Platinum and Crude Oil are readily available for trading.
Take Away for 2021
- TopMarketCap has a platform suite that provides laptop, web-based, and smartphone options. They’re all excellent.
- TopMarketCap, unlike its other active-trader-focused rivals, excels with providing basic investments services for beginners. Education is also a mixed bag, but it’s just a “good” choice for newcomers.
For those who are looking for an online trading platform, TopMarketCap is a secure and reliable option in the long run. I have shared my experience and so far, it has been quite satisfactory.
Disclaimer
This review is written from my own experience and my self-knowledge only and this is not a recommendation.