Elcomercio24 Review – Evaluating the Features of the Broker
Elcomercio24 Review
Have you heard of people enjoying profits in the forex market, the crypto space or the stock market? Trading has always been profitable, but it wasn’t that easy to opt for a few decades ago. However, part-time trading has become a popular activity amongst people, thanks to technological advancement and the internet. These days, people can access the financial markets from the comfort of their home or office and trade at any time during the day. They are free to invest as much as they want, which means they are in control of their profits and losses.
If you are also interested in investing in the financial markets, you will have to look for a broker that can provide you access. Finding a broker is not very challenging because a simple Google search can reveal a ton of options, but sorting through them can be time consuming and a bit tough. There are several hundred companies that are offering trading services these days and it can become quite confusing after you have gone through the first few choices. How do you choose one company for your trading needs? The best way to accomplish this goal is to evaluate the features they have to offer.
Amongst the choices in the market, you will come across Elcomercio24, which was founded quite recently by a company based in St. Vincent and the Grenadines, known as 8 DOTS LTD. The company appears to be quite capable on the surface, but evaluating their features is necessary before you finalize your decision. Check them out below:
Step 1: Take a look at their registration process
You will have to register with a broker before you can use their services, so it is best to know exactly what this process entails and whether you can meet their requirements or not. Elcomercio24 is a bit different in this aspect because they have not opted to draw out this procedure unnecessarily. Their registration is quite straightforward and doesn’t take you more than a few minutes to complete. You need to visit their website, click on the Open Account option on the top right and this opens up a registration form that has to be filled.
As far as the form is concerned, it asks for basic data, such as your first name, last name, email address and password, time zone, phone number and country. Elcomercio24 also asks its clients to agree to the Terms & Conditions on their website and confirm that you are 18 or above and have shared all authentic information. Once this is done, your registration will be complete and you can move to the next step.
Step 2: Check the account options
After you will finish the registration, the next step will involve opening an account with Elcomercio24, so it is only logical that you check out what options have been provided. There are a total of four choices that have been incorporated and each of them are meant to facilitate traders from different backgrounds. The choices are:
Silver: A minimum deposit of €500 is needed for opening this account and a maximum deposit of €1,999 is applicable. This account comes with 24/7 customer support, basic education center, trading dashboard and one-on-one basic training.
Gold: A minimum deposit of €2,000 is needed for opening this account and a maximum deposit of €9,999 is required. Limited trading signals are added in this account, along with a personal account manager.
Diamond: A minimum deposit of €10,000 is needed for this account and maximum deposit is set at €49,999. This account provides access to the full education center created by Elcomercio24 and unlimited and full trading signals.
VIP: A minimum deposit of €50,000 is required for this final account and there is no maximum limit. This account provides access to every feature on the platform, along with 1 on 1 training with pro traders.
Step 3: Go over the trading instruments
When you are now sure of what accounts are available on Elcomercio24, you need to figure out the instruments you want to trade. You will come to know that there are a wide array of financial instruments that are being offered by the broker, which is undoubtedly appealing because it means that you can diversify as much as you like. They have added options like the forex currency market, which is the biggest financial market in the world. There are numerous currency pairs that can be traded. Those who prefer looking at the big picture can opt for the indices market, which include options like S&P 500 and NASDAQ.
You will also be able to trade in the stock market and invest in big companies like Apple, Google and Microsoft, which are quite profitable. If you don’t like to take a lot of risks, the commodities market is another option to explore, which includes precious metals like gold, silver and platinum and agricultural products like wheat, sugar and rice. The cryptocurrency market is another that you can trade in and some of the leading cryptocurrencies like Bitcoin, Ethereum, Litecoin and Ripple are available.
Step 4: Look at the trading platform
Perhaps, the most vital feature of any broker is their trading platform and you need to evaluate it before you make your decision. Elcomercio24 has added the AnyDesk trading platform, which can be downloaded quickly and easily on both Windows and Mac OS. Apart from that, they have also provided mobile apps that can come in handy for traders who want to trade on the move. You will be able to enjoy quick execution speed and a highly intuitive user interface. The trading tools that have also been added are quite impressive.
Elcomercio24 also provides clients with access to the latest news in the market to make decision-making easier. They have incorporated a crypto converter on their website and provide price analysis and alerts to help traders. There are advanced charts and trading signals are also available. The platform is fully secure, so you can have a seamless and stress-free trading experience.
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