FinReserve Broker Summary
Here at The Next Bitcoin, you can learn about many trading platforms, one of them is FinReserve; we have concluded that FinReserve is a good trading platform; it is NOT a scam! Read our FinReserve review today and learn all you need to know about the FinReserve trading platform and why we recommend it for all traders.
A lot of the traders who signed up with FinReserve have given amazing remarks about the broker. Most of them believe that the broker offers them convenience in everything. That’s quite a huge statement considering a broker is the only bridge between the trader and the many financial markets. In other words, a trader is completely relying on the services provided by the online broker to trade financial assets.
Any issue in even a single service can make a trader angry and forget about the rest of the good things that the broker does. So, what makes FinReserve deliver convenience to every trader in every way? Let’s dive into the reasons.
Is It Reliable As A Company?
The first thing that should matter to any trader when picking a broker is the reliability of a company. So, what does reliability mean when you talk about an online broker?
First, you want some kind of proof that the traders like the company and admire its services. You will be completely satisfied in this area because FinReserve is currently providing its services to traders in more than 60 countries.
You would not expect a small broker with subpar services to grow so fast in so many countries. However, FinReserve has reached almost every corner of the world with its amazing features and speedy trading services.
The other important thing that matters is the safety and security features from the broker. If you are looking at the right broker, you will see that it focuses on making its platform safe.
The most important thing in making the platform safe is to prevent any illegal entities from signing up on it. That’s what FinReserve has achieved with its AML and KYC policies.
You have to go through a safe identification process before you can start your account with this broker. At the same time, you have to use the account that’s in your name and in the country you are in when it comes to depositing funds in your account.
The company has introduced these features because money launderers like to provide fake identification information. Additionally, they would use different ways to deposit funds in their accounts but will never disclose their real account information.
Its Trading Platform Is Practical
It is crucial for any broker today to have a trading platform that meets the needs of the modern traders. In the past, all that a trader needed was a downloadable platform on a desktop computer.
The trader also had to stick to the computer to keep an eye on the market. Things have changed in recent years.
Today, you want your trading platform to be available on all the devices that you use in a day. In addition to that, you want to travel with your trading platform so you can enter a trade when the right moment arrives.
You don’t want to be late because delays are not good in the trading industry. FinReserve gives you access to the trading platform in every format that you would expect.
First, you can use the trading platform in a web-based format. The web trader gives you the same trading experience no matter which device you use and where you are in the world.
You also have a mobile platform available that comes packed with all the features of a desktop software. You will not miss anything on this platform from your important trading tools to the most technical analysis, charts, and graphs.
The best thing is that you can install the mobile application on any smartphone you like whether it is from Apple or has Android operating system on it.
The Five Accounts
FinReserve has also designed five different account types for you to pick one from. You get various amazing features in these accounts. If you want some basic education, you will get access to it regardless of the account type you pick.
The company will also accompany you with an account manager even if you have signed up with only a basic account. You will also have an expert advisor to tell you which trades will be most profitable for you.
All of these services are available even if you are starting trading for the first time in your life. This way, the broker makes its platform the most convenient one for new traders.
Convenience of Trading
There is nothing more important to a trader than the convenience of trading. You want trading to be a pleasing experience rather than a frustrating one.
Believe it or not, some brokers can make trading an agonizing experience for you by depriving you of all the important features of a trading account. First of all, the leverages they offer are not big enough for you to make big profits.
Of course, you should learn to use leverage to your advantage before actually use it. However, once you have learned everything about it, you should not be limited to a small leverage of just 1:10 or 1:20.
When you sign up with FinReserve, you will receive leverages of 1:200. The other important thing you have to notice is the way you will be paying the broker.
With many other online brokers, you have to pay a commission on your trades. As sweet as this might look on the surface, paying a commission on your trades is the most expensive way of trading.
You must not forget that the broker will be charging you the commission in the form of a percentage. This percentage is fixed but the amount you will be giving to the broker will not be fixed.
That’s because the percentage comes off the total volume of the trade that you enter. If your commission is 2%, you will be paying $20 on a $1000 trade.
However, if you go for a trade as big as $100,000, you will end up paying $2000 just as a commission. The $2,000 mark might not seem big, but you don’t have to compare it with the size of the trade.
You have to know that the profit you will make on this trade will be small too. From that small profit you make on this trade, this $2,000 has to be deducted.
On the other hand, you just have to worry about spreads when you sign up with FinReserve. Even the spreads can be fixed for you if you have signed up with a basic account. If you want to see floating spreads, you can go with one of the advanced accounts.
Convenience Of Banking
FinReserve makes banking a breeze for you once you sign up with it. One of the things that matter to the traders is the number of ways they can deposit funds in their accounts.
You want to opt for the safest and the fastest way to deposit funds in your account, and that’s exactly what you get with you sign up with FinReserve. You can deposit in your online account using an online payment method or a credit card.
You can also deposit using bank wire transfer. The best thing is that you can use MasterCard, Visa, Maestro, Visa Electron, and many other card types to deposit funds in your account.
These options have been introduced because there are traders using the FinReserve platform from around the world. You cannot send cash to the company because it goes against the anti-money laundering policies that are strictly in place.
The most amazing thing that this broker has done is in the form of digital coin deposits. Yes, if you have some bitcoins, you can deposit funds in your account using your crypto-wallet.
You don’t have to go through any exchanges. Just use your crypto-wallet to send bitcoins to your online account with the broker and start trading. Things have definitely not been that easy before.
Education is an important thing for anyone who wants to start a trading career. It is even better when the educational material is available from the broker.
And things get even better when the educational material consists of webinars. When you have webinars available for trading, you can listen to an expert trader live.
Furthermore, you can ask whatever questions you want from the trader to get rid of your confusion. However, you will have to sign up with a paid account with FinReserve to get access to the webinars.
You can rest assured when it comes to customer support because FinReserve has paid a lot of attention to aspect of its service. The broker has ensured you have all the channels and methods available to you to get in touch with the company.
When you want to call the company, you can choose from one of the three numbers. These three numbers are for three different countries: UK, Estonia, and Germany.
If you are not in need of instant help, you can even send an email to the company. You don’t necessarily have to use the web form because an email address is available on the website.
The company’s physical address is also available on the website, which is another proof that you are dealing with a legitimate entity.
FinReserve has definitely done a great job of creating convenience for its traders in every aspect. From security of funds to providing top-notch customer support, the company takes care of its traders throughout their journey.
It is also admirable that you can choose an account that suits your needs. Some brokers would only force a couple of types of accounts on you.
While it makes choosing the account an easy process, it can make maintaining an account difficult for those who are starting for the first time and are on a budget. With FinReserve, you can sign up with a basic account and start your trading career with a small initial deposit.