The combination of technological progress and the internet has caused numerous industries to evolve, but none have grown and expanded as the world of trading. Even though the financial markets have always been quite diverse, they have grown and expanded a great deal more due to the shift towards online trading. After all, it eliminated a lot of barriers to entry that traders had to face traditionally and gave everyone the opportunity to explore the opportunities that could be find. There has been a huge influx of traders in these markets in the last couple of decades because they don’t need any prior education or experience and a big investment.
Along with this, the introduction of assets like cryptocurrencies have also fueled interest in the trading space and has pushed a lot of people to pursue both full-time careers in the financial markets and trade part-time. There is no denying that these markets have a great deal of potential, which remains unmatched even today. Even during the midst of the global COVID-19 pandemic, the financial markets were able to bounce back quicker than any other space. They are known to be immensely profitable and you will find hundreds of success stories of people who made it big, solely because of trading.
However, it is essential to remember that trading is not just buying and selling instruments after watching a couple of charts. There is a lot more to this process and you need a significant amount of patience, knowledge and understanding and the ability to make smart decisions in order to achieve your goals. The volatility of the trading markets can undoubtedly help you in making substantial profits within a short period of time, but this can also cause you to make losses as well. Therefore, you have to be cautious at every step and make smart decisions to avoid any such consequences.
One of the most vital decisions that any trader has to make is about the broker they use for trading in the financial markets. This shouldn’t be too difficult nowadays because you can just use Google for everything. While this certainly is true, the problem is that the sheer number of options you will find can often be overwhelming. There are literally hundreds of companies offering their trading services these days and every single one of them claims to be good at what they do. If you were to take them at their word, you would end up signing up with every single one of them.
But, you cannot just rely on their claims because half of them won’t be able to live up to them. As a matter of fact, you will come to know that the market has some shady and unregulated brokers as well and you cannot depend on them to provide the kind of services you are looking for. If you don’t make the right choice, it can result in a bad trading experience and significant losses for you, which is not an outcome you want to deal with. Your goal should be to find a trustworthy and legitimate brokerage that can help you trade in the market with minimal hassle.
Indeed, there are some good options that do exist and you can unearth these brokers by checking out their notable features. If they are up to the mark, you can sign up with them and invest your money. Amongst the many options that are currently floating around, you will come across the name of EcoMarkets. It is true that the company is comparatively new and hasn’t been around for as long as some of the others, but it has made up for its lack of experience with a comprehensive set of services.
It has become the top choice of a number of traders in the market and this is primarily because of its unique and appealing features. What are they? Take a look below:
|Trading Accounts||Five Account Options; Basic, Bronze, Silver, Gold and Platinum|
|Assets Coverage||Forex, Cryptocurrencies, Stocks, Indices, Commodities, Bonds and CFDs|
|Trading Tools||Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts and Risk Management Tools|
|Education and Training||Yes; , Glossary, e-books, online video courses, webinars, tutorials and market analysis|
|Customer Support||24/7 through email, phone number, online contact form|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
Feature 1: A Secure Trading Environment
As stated above, the financial markets have also had their share of cybercrimes and there are some shady and unreliable companies that exist in the market. These are used by hackers and other criminals for compromising personal and sensitive information of traders and to scam people out of their money. You can easily find reports of a number of such incidents that have happened and thousands of people have suffered due to them. Thus, it is perfectly normal for people to be concerned and cautious when they have to use a new broker’s services because you are concerned about the safety of your money and information.
It assures you that none of your information can be shared with anyone without your permission. The well-known and internationally recognized AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies have also been implemented by EcoMarkets for the purpose of security. These have been especially developed for reducing the chances of terrorist financing, money laundering, identity theft and financial fraud. In order to comply with these policies, anyone signing up with them has to provide documentation for proof of identity and residence.
This eliminates the possibility of making fake accounts on the platform. EcoMarkets asks for a national ID card, driver’s license or a passport for proof of identity. As for residence, traders can provide any utility bill, a credit card bill or even a bank statement, as long as it shows their name and address. In addition, they also need to be consistent with their payment method i.e. use the same for both deposits and withdrawals. Moreover, your funds are also kept in segregated accounts for security reasons.
This means that traders’ accounts and funds are maintained separately and only used for trading. They are deposited with the top financial institutions to keep them safe and if EcoMarkets were to close down or go bankrupt, all funds would be returned to the clients rather than being used to pay the company’s obligations. Thanks to these measures, they are able to provide a secure trading environment to everyone.
Feature 2: An Easy Registration Process
Traders are often intimidated by the process of having to register with a broker because there is no set procedure that you have to follow. It is up to them to decide what steps to use, which can often be daunting. There are some companies that draw out the procedure by involving completion of multiple forms, submission of documents and then an approval process. In the meanwhile, you have to watch opportunities fly by you, which can be quite frustrating. You obviously don’t want to go through such a time consuming and stressful procedure.
The good news is that EcoMarkets has opted for a different route and have kept their registration process quite easy and simple for everyone. It doesn’t take you more than a few minutes to register with the company because they don’t really ask for anything more than a single form that’s easily available on their website. You just need to click on the ‘Register’ button and the form opens up. You have to complete the form and be registered immediately, as there is no approval required. As long as all your information is accurate, you will not have to face any delays.
The form itself is quite uncomplicated and very easy to fill because it doesn’t go beyond the basic. You don’t have to feel uncomfortable because they are really not asking for much information. EcoMarkets asks its clients to provide their first name and last name, their country of residence, phone number and an email address and a password. You also have to choose an account currency, which can either be USDT or BTC. One important thing to remember is that you have to agree with their Terms & Conditions and if you have any doubts, you can go over them beforehand and then do so. Next, you need to confirm that you are 18 years old or above, as this is their eligibility criteria.
As soon as you do so, you will be registered with EcoMarkets instantly and there will be no waiting of any kind.
Feature 3: An Impressive Variety of Trading Products
Once you are registered with a broker, you are ready to start trading. But, the most important question you need to ask is what can you trade? Sure, you are aware that the financial markets have a huge array of trading instruments to offer, but you will not be able to trade all of them on one platform. Every company has their own combination of offerings to provide to their clientele and you need to take a look in order to see what can be traded and how much profits you can expect to make. After all, the profit potential for every instrument also varies and this is something you need to check.
With EcoMarkets, you will come to know that they are offering a variety impressive variety of trading products to choose from. There are more than 300 options that you will find here and you will be able to access some of the biggest markets in the world. Some of these choices include:
Commodities: If you want to start with a safer and less volatile option, the commodities market is the perfect way to go. They comprise of soft and hard commodities that can generate consistent profits and don’t carry a lot of risk. You can invest in precious metals like gold, silver, platinum and palladium, or you can go with energies like crude oil and natural gas. Plus, there are also agricultural items like wheat, corn, coffee, soybeans, sugar and rice.
Stock: The stock market has always been associated with trading and there are a horde of opportunities to be found here because you can trade stocks of global companies. Fiat, Apple, Google, Netflix, PayPal, AT&T, HSBC Holdings, eBay, Amazon and Microsoft are just some of the companies you can go for.
Indices: Traders who are in search of lucrative opportunities will find the indices market to be a good fit and there are plenty of indices that can be traded on EcoMarkets, such as NASDAQ, FTSE 100, S&P 500, CAC 40, Nikkei 225 and Dow Jones.
Forex: One of the most popular and widely known markets in the world is the forex market, where people buy and sell fiat currency pairs. You can find lots of currency pairs that can be traded and can give solid returns as well. These include EUR/USD, GBP/USD, USD/JPY, USD/MXN, AUD/NZD and USD/CHF.
Cryptocurrencies: If you are not interested in traditional currencies, you now have the option of going for digital ones. Cryptocurrencies have become quite renowned globally and even though they are volatile, they are attracting a lot of attention. You can trade prominent ones like Bitcoin, Litecoin, Ethereum, Bitcoin Cash, NEO, Dash and many more.
With the availability of these trading products on EcoMarkets, traders will have no problems in diversifying their investment portfolio for minimizing their risks and maximizing their returns.
Feature 4: A Sophisticated Trading Platform
You are aware that you require the services of a broker in order to trade in the financial markets, but why do you need them? What is their primary offering? This is the trading platform i.e. the software that gives you access to the markets you want to trade in. It is especially developed for this purpose and is equipped with all tools and features that are part of trading. Of course, every company doesn’t offer the same platform to their clients. Some prefer to use one of the existing ones in the market, while others opt to develop their own based on their understanding of a trader’s needs.
In this regard, EcoMarkets falls in the second category, as they have chosen to offer a trading platform they developed on their own. They are aware of the complaints people have had about various platforms, such as the slow performance, lack of trading tools and constant technical issues. Therefore, they have ensured that traders will not have any problems when using their platform. They have opted to use sophisticated technology for powering their web trading platform and have used a highly intuitive interface to make it easy to use for beginners and experienced traders alike.
The fact that it is a web trading platform adds to its appeal because it eliminates the need of having to download anything or worry about installation. Instead, you log onto EcoMarkets’ website for accessing the platform and it doesn’t depend on the performance of a device to work. Thanks to the technology, this platform offers instant trade execution and shows movements and results in real-time for the assistance of traders. They have also added advanced charting capabilities to help traders in keeping up with the markets and trades can be directly made from the charts as well.
You will also find a horde of other trading tools that EcoMarkets has incorporated, such as economic calendar for keeping up with market events, the latest market news, trading indicators, price alerts and different types of technical analysis tools, all of which can be quite useful when making trading decisions. The trading platform doesn’t lag and is also secured with encryption to ensure safety. It can be used on a range of devices, but for their clients’ convenience, mobile trading apps have also been developed by the company.
These apps are made available for Android and iOS ecosystems and can be downloaded quickly. They are a good solution for those who prefer trading on the move and they offer a great deal of flexibility. The apps also boast a simple interface, which makes them easy to navigate and they are also integrated with tools to make them effective. With these, traders will be able to monitor their account round the clock and be able to take advantage of even the smallest movements in the market.
Feature 5: Availability of Educational Resources
You have probably heard of the success stories of the trading world, but no one talks about the failures. If you take a look at statistics, you will come to know that hundreds of thousands of people across the globe have tried their luck in the financial markets and failed to make a mark. It is essential to remember that you cannot just depend on your luck to survive in this market for the long term. You have to have an understanding of the market in order to achieve the success you want. EcoMarkets has added educational resources to their platforms to help their clients in this aspect.
Even though the internet is a whirlpool of knowledge, it is difficult to determine whether the sources are accurate and updated. The trading space changes rapidly and you have to keep up if you don’t want to be left behind. Both newcomers and seasoned traders need to continue learning and they will be able to do so with EcoMarkets’ education center. You will come across detailed and accurate information about the different aspects of trading. They have put together reliable resources for beginners, as well as for experienced traders, in order to assist them in achieving their respective goals.
The best part is that you can find these resources in different formats, such as e-books, online courses, video tutorials and articles and blogs. EcoMarkets has also added a Glossary where traders can find information about the jargon used during trading, along with its meanings. Furthermore, they also have webinars that are organized by market experts and can provide a great deal of insight into how the markets work. Not only can traders learn the basics, but can also develop and improve their trading strategies with the information they will find here.
Feature 6: Excellent Trading Conditions
The trading conditions of a brokerage are one of its most prominent feature because they play a role in the amount of profits you make at the end of the day. EcoMarkets has opted to be forthcoming and upfront about their conditions, which makes it easier for traders to know what to expect. One of the most important things you would want to know is that the company doesn’t use a commission model for charging its clients. Instead, they have opted to charge them in the form of spreads and have some of the tightest spreads in the market.
With such tight spreads, traders are able to make maximum profits. Along with these, EcoMarkets also provides maximum leverage and they don’t have high deposit and withdrawal fees that can eat into your profits. Traders don’t have to worry about any hidden costs or charges either, as they are all mentioned beforehand. Their goal is to help their clients in making 200% returns on their investment and they have developed their trading conditions to help them in doing so.
Thanks to these prominent features, EcoMarkets can be regarded as an efficient and comprehensive trading solution for traders, regardless of their experience or background.
EcoMarkets Broker Score
EcoMarkets is a new cryptocurrency broker with an intuitive trading platform. It is a registered firm which is safe to use and already making a name for itself within the crypto trading circles. You can sign up with EcoMarkets in the link below and start trading within jus a few moments or continue reading our EcoMarkets review to learn more.