Neuer Capital Broker Score
In the sea of crypto platforms, you will find Neuer Capital, a brokerage operating from the United Kingdom, which was established in 2019. The fact that it hasn’t been around for that long does give you some pause, but once you get down to it, you will understand how this platform can be distinguished from the rest.
Neuer Capital Review
There was a time when online trading was not as accessible as it is today. A couple of decades ago, before technology had become a vital part of our lives, people have to veer out of their homes and find a broker to make their trades in the financial markets. It was a time consuming process, so only those who could trade full-time had the option of try their luck. Moreover, you needed a great deal of expertise and knowledge to be able to do make profits, as hefty investments had to be made, which couldn’t be risked on luck. But, this is all in the past now because trading has now moved online, which means everything is accessible from the comforts of your home.
Nowadays, you only need an internet connection to begin your trading journey. You don’t have to have a huge capital for investing and you are free to trade part-time as well. People can take it up as a hobby or can opt for it as a second job for supplementing your income. Even though there are numerous financial markets that you can access, cryptocurrency trading is all the rage these days, and with good reason. The introduction of these digital currencies was made in 2009, when Bitcoin was first introduced.
It took some time for the market to gain traction, but it did succeed and today, it is one of the most popular financial markets in the world. Millions of people all over the world are moving towards the crypto market and it is brimming with opportunities that can generate a lot of profits. But, how do you begin? To start crypto trading, you have to do the same thing you would for any other financial instrument you want to trade; look for crypto brokerage platforms.
With the surge in cryptocurrency trading, it is a given that the number of crypto platforms has also increased in order to keep up. Therefore, when you start considering your options, you will come across a number of platforms that are offering you their services. However, it is imperative that you make the right choice, or else you will not be able to take advantage of the opportunities available in the market. Rather than opting for platforms offering a wide array of instruments, it is better to seek out one that specializes in crypto trading. This will ensure that you have access to everything that’s required for trading these volatile cryptocurrencies.
Their volatility makes them different from the other instruments in the market due to which you need to look for a well-reputed and professional platform that knows what it is doing and can cater to your needs accordingly. The number of options you will find can often be overwhelming and it can cause a great deal of confusion because every platform will look eerily similar. So, what should you do? The key is to find out what distinguishes one platform from the rest, as this will make it easier for you to find one that fits your needs.
In the sea of crypto platforms, you will find Neuer Capital, a brokerage operating from the United Kingdom, which was established in 2019. The fact that it hasn’t been around for that long does give you some pause, but once you get down to it, you will understand how this platform can be distinguished from the rest. Let’s get started:
|Trading Accounts||Basic, Bronze, Silver Gold, Platinum and Black|
|Minimum Deposit||500 EUR/USD|
|Trading Tools||Charting tools, Analysis tools, daily market news and price alerts in real-time|
|Education and Training||Videos, courses, tutorials, guides and webinars|
|Customer Support||Yes; phone and email|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering) Policies|
|Parent Company||South Bay Holdings Ltd.|
Effective Security Protocols
It goes without saying that security should be everyone’s first priority when they are doing anything online. If you take a look at the statistics, you will discover exactly how much cybercrimes have increased in the last decade alone. People have had their identities stolen and had to deal with a lot of problems due to it. Likewise, others have lost their hard-earned money, which has created a whole lot of issues for them. When you want to start online trading, the exchange of personal information is something unavoidable because you will have to sign up on a trading platform.
If your sensitive information falls into the wrong hands, it can be used illegally and can even expose you to financial crises. You also need to deposit money with the brokerage, as it will have to be invested in the crypto market. Thus, you need to ensure that the platform you opt for also prioritizes security. In this regard, Neuer Capital stands out because of its effective security protocols that protect your information and your funds, alike. The key element that they have adopted for protecting your information is 256-bit SSL (Secure Socket Layer) encryption.
This ensures that all data that you share with the platform doesn’t fall into the hands of any third party. Your sensitive information cannot be compromised in this way. As far as protecting your funds is concerned, you will find that Neuer Capital maintains segregated accounts. This means that customer accounts are separate from the platform’s own and no funds are mixed up to cause any confusion. Even if the broker goes bankrupt, your funds will remain safe in the separate accounts and can be withdrawn.
Along with these, Neuer Capital has also opted to use the KYC (Know Your Customer) and AML (Anti-Money Laundering) policies that can be helpful in verifying the identity of all traders. These policies can come in handy for preventing financial crimes like money laundering or terrorist financing and can also keep the risk of identity theft at bay. Traders are required to provide value proof of ID, proof of address and proof of payment in order to use the platform’s services. The first can be done by submitting a scanned copy of your passport, national ID card or your driver’s license. The second is done with bank statement or utility bill.
For the last, you need to provide a photo of your credit or debit card to the platform. In addition to these measures, penetration testing is also performed at Neuer Capital, which involves regularly testing the system to ensure it is not compromised. Coin storage is also not taken lightly and 95% of them are kept offline in cold storage to keep them out of reach of criminals. Their servers are also kept in secure locations that are monitored and surveilled 24/7.
Combination of Crypto Products
Given the popularity of cryptocurrencies, a number of brokerages that operate in the market have added these assets to their overall offerings. However, those that also offer other financial instruments don’t offer more than a couple of options because they have other assets also available. Thus, as mentioned before, it is best to go with a platform specializing in crypto trading. But, even then, you will still not find the kind of variety that you see at Neuer Capital. Their combination of crypto products ensures that everyone can find a crypto to trade, according to their risk tolerance and profit requirement.
They have added the top options in the market, but the options don’t stop there. Some of the prominent choices that you will find are:
- Bitcoin: The first crypto to be introduced ever is Bitcoin and remains a stronghold even today. It is the leading crypto in terms of market capitalization and has a great role to play in the market. The most notable thing about Bitcoin is that it is fully open-source and is not under anyone’s control, not even its creator. This has made it a solid instrument to trade.
- Bitcoin Cash: Founded in August, 2017, Bitcoin Cash is referred to as the hard fork of Bitcoin. It is just another division of the pioneer crypto, but can perform high-speed transactions. It was introduced in order to compete with the number of transactions that were made by leading payment giants, such as PayPal and Visa.
- Litecoin: This particular crypto was developed to be an alternative to Bitcoin and it has gained popularity because it takes less time for transaction execution and offers a great deal more flexibility. In addition, it is a good option for all traders who don’t have the finances to afford Bitcoin, as the first crypto is quite expensive.
- Ripple: Known as XRP, this crypto has been designed for various purposes. It can work as a digital coin and can also play the role of a financial system. It has been developed with smooth and highly advanced features that enable quick transactions, as opposed to Bitcoin.
- Ethereum: This is essentially a blockchain-based platform and its cryptocurrency is recognized as Ether. It has gained a lot of momentum in the crypto market and has taken the second spot, in terms of market value, which is quite impressive. Ethereum is also used for developing a variety of apps, which has given it versatility.
- Dash: Another coin that’s quite similar to Bitcoin is Dash and it was introduced in 2014. Some of the features of Bitcoin have been improvised in the development of this crypto, such as its high-speed processing. It can also be used for voting for numerous projects.
Other than these options, you will find that Neuer Capital lets you trade EOS, NEO and Monero and it is constantly adding more options as they are introduced in the market and prove themselves to be viable opportunities.
Quick and Simple Registration Process
No matter what service you are using online, registration is part of the process and most people are aware of it. But, there are websites that will simply get on your nerves when you wish to register an account with them. They will have 404 errors, ask you for captcha verifications or may have a server down. Likewise, there might be approval procedures or contract signing and this can all become very frustrating. This is especially true for crypto traders because every minute means that you are losing opportunities. You want a trading platform that keeps registration simple and easy. Neuer Capital can be the answer here.
They have a straightforward and basic process, which ensures that every trader, whether they are a newbie or experienced, can easily sign up on the platform. You don’t have to wait for long hours and you won’t get irritated because it is a smooth procedure. Most importantly, you don’t have to pay any registration fee either and can initiate the process by just going onto their homepage and clicking on the ‘Register Now’ button. Doing so will provide you with a form that has to be filled out and it doesn’t take you more than a few minutes.
The form asks you for all the basics you would expect; your first and last name, email address, phone number, country of residence and account password. Neuer Capital also gives you the option to choose the currency you want to use i.e. GBP, EUR and USD. You will be asked to agree to the Terms & Conditions of the platform, which are available on their website. You can go over them before agreeing to know what you are getting into. They will send you a verification link on your email and once you complete it, you will be registered on this platform and can start earning the profits you want.
Diversification of Trading Accounts
Every brokerage platform will gives you a wide range of options when it comes to trading accounts. But, you will notice that Neuer Capital is a tad different from the others because they have added more options than is standard. You will find six trading accounts available on this platform and each of the accounts has been designed to have unique features that can suit every trader’s style and fulfill their requirements. The diverse trading accounts that you will find here are:
- Basic Account: This account is essentially designed for newcomers to the world of crypto trading due to which it asks for a minimal deposit of 1,000 Euros. This account gives users access to basic training and education related to trading, along with webinars. Market reviews are also provided and active customer support is given for their assistance and guidance.
- Bronze Account: The second account option that you will come across is for newbies and beginners alike, who have a little bit of market exposure. To open this account, a minimum deposit of 10,000 Euros is required and it comes with all features of the Basic account. There is also the addition of price alerts on a junior level that can be immensely helpful.
- Silver Account: The third account that you will find on the platform is more for intermediate traders, so the minimum deposit requirement goes up to 25,000 Euros. Features of the above two accounts are combined here, so it is good for traders who don’t want to go too high or too low. The addition made in this account is that of an account manager, who can provide some guidance, along with PIA trading secrets, which also come in handy.
- Gold Account: Traders with some experience will find this account a great choice for them and the minimum deposit to be made here is 50,000 Euros. This one comes with PIA SMS signals, along with customized trading strategies that can be handy in earning some solid returns.
- Platinum Account: The account that has been designed for skilled and advanced traders requires a minimum deposit of 100,000 Euros. It provides exclusive position access, invitation to premier events and lot more options. One-on-one training is also available.
Apart from these accounts, there is also a sixth account that can be found, but it is not possible for you to sign up for it. This account is referred to as the Black account and there are certain requirements that have to be fulfilled in order to open it. In order to know more about these, you can get in touch with your account manager and they will guide you about what you need to do.
User-Friendly Trading Platform
One of the most crucial aspects of every brokerage is their trading platform because it will determine what kind of journey you will have. It is the software you will use for making your trades and if it lags in any way or doesn’t have the right features, it will have a direct impact on your trading success. This is particularly true when it comes to crypto trading. No matter how may products a broker offers or other features they give you, none of them will matter if the trading platform is not up to the mark. Neuer Capital understands the role of the trading platform in your experience.
They have developed a proprietary trading platform that’s accessible through the web. This means that you can just log onto it through their website and don’t need to download or install anything. The platform works effortlessly, no matter what device you are using it on. It can be used on PCs or your laptop. It can also work on tablets and smartphones, both Android and iOS and not give you any trouble. It is easy to navigate and has been powered with sophisticated technology and tools to make trading a breeze for every trader.
Neuer Capital has added one-click trading options to this trading platform and its speed execution is downright impressive. It provides the latest market news, along with price alerts so you don’t miss out on anything. You can get advanced charting tools, along with other technical analysis tools that help in making smart and profitable decisions where crypto is concerned.
Educational and Training Resources
Not everyone has knowledge of cryptocurrencies and how they work. They are a relatively new instrument and the market is still developing and expanding, which means there is a lot to be learnt constantly. Those who are new to the market have plenty of things they need to know and even skilled traders have to keep up in order to understand how the market is changing. To help its clients in doing so, Neuer Capital has come up with educational and training resources for traders of all levels.
You will be pleased to know that they have provided these resources in different formats, so you can opt for the one that seems convenient to you. There are videos, online courses, tutorials, articles and e-books that you can check. All of these cover a vast range of topics related to the crypto industry, so you will be able to expand your knowledge and improve your understanding where the market is concerned. Moreover, there are also webinars that are conducted by market experts that can help you in staying updated with what’s happening and can also assist you in avoiding mistakes and blunders. Lastly, you will also find a Glossary that provides you meanings of important jargon in the crypto industry.
Active Customer Support
The primary objective of any legitimate and professional business is to achieve customer satisfaction. It is vital to remember that this goal cannot be achieved if they don’t have active customer support in place. When it comes to Neuer Capital, you will be pleased to see that they have not taken customer support and assistance lightly. They are quite active in this regard and are ready to assist when you need. You can use their FAQ section where answers to popular questions are available for your ease.
If you don’t find the right answers, there are other avenues that you can explore. You can try given them a call at the number provided on their website. There is also an email address given that can be used for communication. If you don’t want to use these options, you can try filling out the online contact form on their website and they will get back to you.
With these features, you can distinguish Neuer Capital from the other brokers in the market and understand what makes it a good option.