If you are willing to trade any of the available online trading assets, then you would probably need a good and reliable broker like TradeVtech. In this TradeVtech review, we are going to look into the firm and see whether or not you should choose TradeVtech as your broker.
Ever since Bitcoin was launched back in 2009, it has introduced a very unfamiliar instrument of online trading which is known as cryptocurrency. Many of the traders are still not aware of what cryptocurrency actually is. Cryptocurrency is basically a digital currency that is based on a decentralized system. This means that there is no central authority that controls this currency. Rather it is regulated by many miners who are constantly mining a crypto coin. If we look into the currency, Bitcoin, for instance, then we will notice that it is working on the technology of blockchain. For all of those who don’t know about blockchain, then let me tell you, it is basically a form of storing data. In this technology, miners try to validate the next block of data into the already existing blockchain of a cryptocurrency. This block needs to get validated by more than 51% of the miners. Only then it can be added to the blockchain.
Now that you have the basic idea of what cryptocurrency is and how it works, now let us talk about how it got so much popularity. When Bitcoin was introduced, no one was in favor of this currency, and why would anyone invest all of their money in a currency which can’t be seen or felt. Cryptocurrency has faced many ups and downs during this journey. There has been a rise and fall in the prices as well as the popularity of Bitcoin over the past couple of years. Many traders who bought Bitcoin at first struggled too much with this currency. But all of that struggle was worth it when they got the reward after almost a decade. If you are not aware of the latest price of Bitcoin, then let me tell you that back in 2009, Bitcoin was given away as a free token to the traders, and many traders used to play games in which they got Bitcoins and didn’t know what to do with that. But now, in 2021, the price of a single Bitcoin is more than $60,000. So imagine if anyone had kept only 10 Bitcoins back then, what would he get now for it.
This increase in the price of Bitcoin allowed many other developers to introduce new cryptocurrencies over time. And now, there are hundreds of cryptocurrencies that can be traded in the crypto trading market like Ethereum, DASH, and many more. The popularity of cryptocurrency has also increased due to the interest of the biggest companies like Tesla, MasterCard, and many more in this market. Yes, the CEO of Elon Musk has shown his keen interest in cryptocurrency, and he is a very well-known person for his future-proof planning.
So the real question for an average person who wants to start trading cryptocurrency is that where to start from? You can start trading cryptocurrency in many ways, but the most preferred and used method is through a brokerage firm. A broker provides you with the platform where you can trade any of the trading assets that are being provided. Not only do brokers provide you a platform, but it also helps traders to get used to the trading market. Selecting a broker is not an easy task. It is the first and most important step if you want to step into the world of crypto trading. The broker is the platform that is going to give you access to the trading world, and along with that choice, a broker carefully is extremely important because a broker is going to decide whether or not your experience is going to be good or not. Many professional brokers have helped new traders to earn a lot of profits even though they didn’t have any prior experience, but on the other hand, bogus brokers have also caused losses to many experienced traders as well. So it is very important to choose your broker wisely.
Now the question arises where to find a reliable and good broker. I have done the research on this matter and have found out a very professional and reputed brokerage firm known as “TradeVtech.” This broker is offering a lot of services and features which can help you make some bucks, and who knows, this might be the perfect broker that you were looking for. So let us dive into the platform and see what it offers.
Overview Of TradeVtech
TradeVtech has stated that it has worked with over 100,000 traders till now, which is a very significant number for a firm that is not very old. This proves that there is something that TradeVtech is offering that has attracted all of these traders. I have dug down into the case and found out that there are actually some features that are fascinating and can benefit a lot of traders. Here is the list of those features:
Tons Of Trading Instruments To Choose From
Everyone wants multiple options, there are a lot of brokers who are just offering one instrument, but it is not practical to offer just one when brokers like TradeVtech are offering you different options to choose from under one single platform. It may sound impossible, but TradeVtech has proven it to be right. It is offering a very wide variety of trading options other than cryptocurrencies as well to facilitate multiple types of traders. You must be wondering if a trader wants to trade cryptocurrency, so what is the need for all of the other assets that TradeVtech offers. It is because there are multiple types of traders who are looking for different opportunities. A trader never stops looking for a better opportunity because his goal is to multiply the money that he already owns. So it is only possible if you have multiple options to invest in.
For example, if you are a trader who has signed up with a broker who is offering crypto trading only. It is not likely for him to earn huge profits when he has invested all of his money in one asset. But there is another trader who has signed up with TradeVtech. He has everything like cryptocurrencies, stocks, Forex, Indices, Commodities. In fact, all of the trading assets that are introduced till now for the online market are available on TradeVtech. So why would a trader choose a platform which is offering just one asset when TradeVtech is offering tons of options.
Talking about the options that TradeVtech is offering, on the top, we have Cryptocurrencies, if you are interested in trading any of the cryptocurrencies, then TradeVtech is surely the best option you have at the moment. It does not only offer the most popular cryptocurrency, which is Bitcoin, but it also offers a wide variety of other cryptocurrencies as well, which have a lot of potentials like Ethereum, Ripple, Bitcoin Cash, Litecoin, and many others as well.
Coming to the second instrument that TradeVtech is offering is Forex trading which is a very popular trading instrument for a long time now. There is a very large number of traders who invest their money in forex trading, and TradeVtech is offering you a platform where you can trade Forex very conveniently. There are a lot of major currency pairs offered by TradeVtech like EUR/USD, GBP/USD, EUR//GBP, USD/CAD, and many more as well. If you are interested in trading forex, then TradeVtech has got you covered as well.
Many traders prefer to invest in stock markets as well, despite the high risk of losses that it offers. There is a very large number of traders who invest in stocks, so it can’t be neglected by TradeVtech. This platform is offering a platform where traders can come and trade the stocks of some of the biggest companies of the world like Amazon, Netflix, Microsoft, Visa, Paypal, and many more as well. So if you are one of those traders who like to take risks and trade stocks, then TradeVtech can help you reduce some of the risks with the help of the experience it possesses.
Other than the already mentioned assets, TradeVtech is also offering Commodities like Crude Oil, Silver, Gold, Cotton, and many more as well. While in the section of Indices, there are some of the very popular assets listed like NSDQ, DOW, SP500, and much more.
A Versatile Trading Platform
The trading platform is the most important thing that a trader would want from his broker. Imagine having the best-experienced broker in the world, but it doesn’t have a good trading platform, so there is no point in having that experience and techniques if your platform is not good at all. TradeVtech has kept this point in mind and has provided a very versatile trading platform for traders.
There are different types of traders. Everyone has different tastes and preferences when it comes to the trading platform. So what can be the best way to cater to all of the trader’s needs? TradeVtech has found a solution to that and is offering three different types of trading platforms. The first one is named SIRIX Station, which is an optimized trading platform for laptops and desktops. If you are interested in trading through your laptop or desktop, then you can download the optimized software which is offered by TradeVtech to enhance your experience.
But TradeVtech understands that not everyone is interested in installing a bunch of software. However, it literally takes just a few minutes, but still, traders prefer an easy and more versatile way. So TradeVtech has designed a web-based platform named SIRIX Web. this web-based platform doesn’t require any type of installation or wait time, which means that all you have to do is reach out to the platform, sign in and start trading. It is that simple.
For all the traders who are constantly on the move or prefer trading on mobile phones rather than laptops or computers, then TradeVtech has designed a mobile software as well, which is known as SIRIX Mobile. This software is designed for mobile devices to facilitate the traders who want to trade through their mobile phones.
It should be noted that all of the platforms, whether if it is Mobile, Station, or Web, are designed in a very user-friendly way. Everything is kept as simple as possible to welcome the traders who are new to the trading market.
Many Account Options
A major problem that traders have faced in the trading market has been a lack of concern for their individual needs. This may be confusing to understand, so let’s relate it to how many brokers fail to provide account options for their traders. What this does is that it restricts a trader into an account that does not accommodate their needs. Just like every broker is different, every trader is different too, and they all have different trading goals, which can only be fulfilled when an account that fits the description is provided. This is why when a broker provides different types of accounts. It can cater to many different traders.
At TradeVtech, you do not have to worry about issues such as not getting the chance to trade with the account that meets your needs because TradeVtech provides its users with four different accounts. This is a rare number, but it shows that the trading platform is interested in catering to different types of traders. Out of the four account types, traders can choose the one which seems the most ideal. This means that the amount required for the deposit is appropriate, the risk level is according to what they can manage, and they provide all the features needed for successful trading.
The first account that you will find at TradeVtech is the most basic one, and it is called Bronze. This account, although it is the starting one, has many features to offer to its users. The features include access to customer support, which is 24/7. This means that no matter what hour or day, you can rely on the team to help you. Traders also get the chance to get one on one training and access to a financial course, and you can trade a bunch of assets such as energies and metals. For this account, the trade size will be 0.01, but gradually it increases.
The second account that TradeVtech provides for its users is the gold account, and this is best for traders that are at a beginner level but understand trading much better than those who are complete newbies. This account allows its users to access all the features that were provided to Bronze users, but with two more features. So like bronze users, you will get the chance to avail 24/7 customer support, as well as an online financial course, one on one training, and access to an e-book for additional education. The users will also get the chance to all of the assets, including agriculture, which was not included in the previous one. Traders will also get the chance to enjoy an increased trade size of 0.1.
Then comes the third account, which is the platinum one. This is an account that is best for those that are very experienced in trades and have been trading in the market for some time. One main reason that they would find the platinum account suitable is that all the features accessible would prove useful to an experienced trader. Once again, all the previous features are accessible, and two additional features are also provided, so other than the customer support and educational resources, users of platinum account get to access webinars. Webinars are a really good source for learning as they teach traders many important strategies to use in the market. And platinum users also get to work with an analyst manager. This manager is a good addition as it helps to analyze market trends and advise traders depending on that.
The size of the trade for a platinum account is increased to 0.2, and this increases further for the last account, which is the Diamond account. The diamond account is the last one and the highest one in terms of trading features and level. This is the account that caters to professional traders that are experts at trading. The trading size is 0.5, and another feature that no other account got access to is the VPS service for free.
Other Great Features
So now that we have explored the features that usual brokers lack, but TradeVtech has shown that it specializes in such as trading platforms, trading instruments, and account types, we can move on to some extra features. One of these is the regular update that the TradeVtech users get through the live market feature. Now, this is a feature that ensures that no trader misses out on the updates of the trading market. On this page, users can also access the economic calendar, which once again helps to monitor the economic events which would help you in a trade.
So TradeVtech is exactly the type of brokerage firm that users are in search of these days because, in the advanced era, such progressive platforms help by keeping their users at the top of trading.