When you start looking for a broker on the internet, you are overwhelmed with the number of options you have available. However, there are millions of people like you from around the world who sign up with hundreds of different brokers every day. Some end up with the wrong brokers while others find a broker like AvaTrade. Yes, this broker is considered among the best, and for all the right reasons. You will be amazed to know that this broker beats its competitors in just about every area of trading you can think of. It understands what modern trading is all about and has introduced features that most of its competitors can only dream of Xtrgatescam.
Are these just claims or AvaTrade has truly taken a big lead from its competitors? Let’s find out by looking at five different ways AvaTrade has beaten its competitors.
Five Ways AvaTrade Leaves Its Competitors Behind
1. The Financial Markets Availability
First of all, if you are a new trader who wants to sign up with a modern broker, you have to look at the financial markets that you are being given access to. The higher the number of financial markets, the more assets you will be able to trade with the broker. It is surprising that so many brokers that have been around for several years still offer only a small number of assets for trading. On the other hand, you have brokers like AvaTrade with a tremendously long list of financial instruments and asset classes. You can diversify your portfolio the way you like and pick from a variety of assets that fit your trading strategy in the best possible manner.
So, you can see from the asset index that AvaTrade allows you to trade indices, commodities, stocks, and even forex currencies with it. The best thing is that you can enjoy some huge leverages irrespective of the type of asset you pick from the list. That’s the sign of a big broker i.e. it allows you to make huge profits regardless of the asset you pick. However, these assets can be offered by many other online brokers. Is there something that you think AvaTrade is doing differently from its competitors? Of course, this broker does not know how to be behind someone, and for that reason it has introduced cryptocurrencies on its trading platform.
You can now trade cryptocurrencies when you sign up with AvaTrade and benefit from this modern form of trading. The best thing is that you can enjoy some leverages on digital asset trading as well. While most other brokers are struggling to put any cryptocurrencies on their map, AvaTrade has gone many steps ahead and offered a variety of digital currencies for trading. Yes, you are not stuck with ethereum and bitcoin trading when you sign up with this broker. If you want to trade litecoin, bitcoin cash, stellar, NEO, iota, etc. you can trade them all with this broker.
2. Trading Platforms by the Dozen
Have you ever researched online brokers on the internet? If yes, you must have seen that most of them offer you one trading platform when you sign up with them. Yes, there are some that will offer you a different version of the trading platform. For example, if they have a desktop version of the software, they let you download the mobile version on your smartphone as well. However, AvaTrade has gone steps ahead of the competition once again by offering many different trading platforms. And the broker offers them for a reason, not just to seem different from its competitors.
So, when you look at the trading platforms from AvaTrade, you will notice that you have access to some great third party softwares and some trading platforms that belong exclusively to AvaTrade. You have access to MetaTrader 4 and 5, which happen to be among the best trading platform for many years. At the same time, you have a web trader that you can use from anywhere in the world using any device you want. You also have the patented trading software from AvaTrade that you can use on your computers, laptops, tablets, smartphones, etc. Now, the choice is for you to make.
3. Lots of Educational Material
You will have a lot of training material available to you when you sign up with this broker. Yes, it is not something new. You can see any online broker offering a lot of educational material for new traders. However, there is always some problem with the way they compile their training material. In many cases, their educational material is years old so it offers you no benefit. In some cases, you can only read some ebooks and some articles on the blog of the broker. However, these pieces of information are not enough. You need to be trained professionally by professionals before you can put your money on the line.
That’s where a broker like AvaTrade comes into the picture. The broker has compiled some great training material that new and experienced traders can use just the same. You will be glad to know that the broker has created two separate sections for its traders based on their experience in trading. If you have been trading for a long time, you should go for educational material that’s meant for professional trading. On the other hand, you also have some training material specifically for new traders. There is something for everyone and you will always find the course material in the form of ebooks and videos.
4. Trading Conditions and Banking
You can notice that we have combined two completely different aspects of trading here. That’s because the broker is so amazing that it beats its competitors in just about any area of trading. When it comes to depositing money and withdrawing it from trader accounts, you will not find a broker that offers anything simpler than this broker. In most cases, you have the credit card and wire transfer methods available. You have those methods of depositing funds in your account available with this broker has well. However, in addition to that, you also have the e-wallet option to fund your account.
That is an option you do not get from any other broker. So, if you are looking to trade cryptocurrencies and you already have some digital coins, you can transfer them in your account directly through your e-wallet rather than converting the money first into fiat currency and then losing a lot of it in conversion rates. Do you know that you can sign up with the broker by depositing only $100 in your account? That’s one of the smallest initial deposits you will need from any online broker. The most important thing is that you still have to deposit just 100 units of the currency if you are depositing GBP, EUR, or some other currency.
Trading conditions are great with this broker. You will always feel in control of things. You will be happy to know that there are leverages available on all assets when you trade them. The most amazing thing is that the broker is offering you some huge leverages despite the fact that there are some assets that have a high value. Take the example of cryptocurrencies. Digital coins are extremely high in value. There are many online brokers that stay away from offering cryptocurrency trading only because they don’t want to deal with the volatility of this market.
On the other hand, you have this broker that offers you many different assets for trading while offering you some huge leverages. If you go with a professional account with the broker, which will require some experience from you of trading, you can take advantage of leverages of up to 1:400. Even new traders can enjoy some big leverages on their trades and make big profits.
5. Ease and Security of Trading
This is an area where a lot of online brokers fail completely. They talk to you about a lot of things, but stay quiet when it comes to your security. You will notice that many online brokers talk about the security of their platforms, but they never mention regulation. Well, the important of regulation cannot never be overlooked. When you sign up with an online broker, you trust the broker with your money and sensitive information. You want to make sure that your money and information are going in safe hands. But the broker has to have a way of showing that you can trust him/her.
That’s where regulation comes in. When searching for an online broker, you should look for regulation information on the website. Usually, you can find the information at the bottom of every page of the website as well. Even if the broker has just one regulation from one financial authority, you can sign up with it without any issues. However, the absence of any type of regulation can be a big signal that you should not sign up with the broker. When you sign up with AvaTrade, on the other hand, you will be surprised with the way this broker has been regulated.
Just so you know, the broker has obtained proper regulation in not one but five continents. In short, the broker is likely registered in the continent that you live in as well. This should give you a huge confidence boost and encourage you to sign up with AvaTrade without any second thoughts.
You can see that all the five points mentioned above are crucial to an online broker’s integrity. From proper regulation to an asset index that suits modern traders, you will get it all from AvaTrade. The broker is trusted by hundreds of thousands of traders from around the world. So, if you have only $100 in your account, you can go ahead and sign up with AvaTrade.