MarketSpots 검토-브로커의 눈에 띄는 기능

 

If you are looking for ways to make high profits with minimal investment, chances are that you have come across the option of trading in the financial markets. 

People have been doing so for decades and some of the richest people in the world were able to accumulate their wealth, thanks to these markets only. It wasn’t that long ago that there were a lot of hassles involved in the trading process. The only way you could achieve the kind of returns you wanted was to dedicate all your time to this activity because you had to go out, look for a broker and then manually execute the trades.

Plus, you had to have a lot of capital to trade in the financial markets. Consequently, only those who were interested in opting for trading as a full-time career moved forward with it. But, times have changed now, as technology has become a vital part of our lives. There have been changes in how people do things and this also applies to trading. The concept of online trading is not just a dream; it has not only become a reality, but has also become the norm nowadays. Millions of people all over the globe trade online in order to tap into the potential of the trading markets.

The best thing about them is that they don’t just offer you one asset you trade. There is a huge array of instruments that can be traded, which means there are opportunities for everyone available. In addition, this kind of variety ensures that every trader can find something to trade, which is in accordance with their risk appetite and knowledge. There is no longer any need to have copious amounts of money to invest either and you can start with a small sum as well. Online trading brings the financial markets right into your home, but how?

This is where brokerages are required and there are plenty of them that are offering their services online. Since trading has shifted online, so have these companies and it is necessary for traders to sign up with one in order to start trading. This is because they will connect you to the markets and provide whatever you require for making profits. Luckily, the market is brimming with companies that are offering their trading services, so finding options is not that big of an issue. But, you need to discover the features they offer in order to make your choice.

This is of the utmost importance because not every brokerage will be able to provide you with the kind of services you want. Every company is different and what works for one trader may not be right for you. The only way to make the right decision is by checking the features that are offered. This will make it easier for you to decide if they have everything that can help you during the trading process. MarketSpots is one brokerage that you will find, which caters to traders worldwide and is offering forex, cryptocurrencies and CFD trading services to its clients.

Check out its prominent features below for doing your assessment of the broker:

Broker

MarketSpots

Website

https://marketspots.co/

Trading Accounts

5 Account Types; Standard, Silver, Gold, VIP and Pro. Demo Account also available

Minimum Deposit

$250

Assets Coverage

Forex, Commodities, Shares, Indices and Cryptocurrencies

Trading Tools

Live Charts, Economic Calendar, Risk Management Tools, Price Alerts and Trading Signals

Education and Training

Yes; free market research, Trading Academy, Webinars, Tutorials, E-books, Sessions with Market Analyst

Customer Support

24/6 through live chat, online contact form, email and phone number

Security Policy

KYC (Know Your Customer), Customer Acceptance (CFT) and AML (Anti-Money Laundering)

Parent Company

Marketspots.co

 

Feature 1: Security Measures

If you use the internet routinely, then you are probably aware of the risks that are inherent. There are cybercriminals out there who may steal your identity, or make away with your money. Countless people have fallen victim to such issues when they are availing a product or service online. These risks are increased when you decide to use a brokerage for online trading because you have to trust an unknown company with your personal information and also have to deposit funds with them in order to trade. This means you will be vulnerable to cybersecurity incidents. To minimize the risk, your goal should be to find a platform that has appropriate security measures in place.

You will find several of them applicable at MarketSpots, when you take a look. Firstly, they have chosen to use SSL (Secure Socket Layer) technology for encrypting all data, communications and personal information that is accumulated for providing trading services. It is a way of concealing all information to ensure it cannot fall into the wrong hands and be misused. They also have a Privacy Policy where they have outlined how your information is used and why it is collected in the first place. It can be quite reassuring to know exactly what is being done.

Next, you will find that MarketSpots has implemented top-notch security policies, which include KYC (Know Your Customer), AML (Anti-Money Laundering) and Customer Acceptance (CFT). The purpose of these policies is to prevent the trading platform from being used for any illegal activity. Identity theft, money laundering, terrorist financing and other such threats can be minimized. Compliance with these policies requires traders to provide documentation for confirming their identity and address. In addition, if they plan on using debit or credit cards during the trading process, photographs of the card in question are also needed.

For submitting proof of identity, they can provide a government-issued photo identification card, a current valid full passport or a driver’s license. For address verification, traders can submit a bank statement, a recent utility bill (gas, electricity or water), a credit card monthly statement or a local tax authority bill to MarketSpots. In the case of card verification, a front and back photograph has to be submitted, with the CVC and the last four digits of the card hidden. Bear in mind that you need to disclose whether you are an individual trader or opening a company account, as requirements will vary.

Uploading these documents is easy and quick and necessary for account verification. MarketSpots also maintains segregated customer accounts for protecting the funds deposited with them by their clients. This indicates that all client accounts are kept separate from the company’s own, which reduces the chances of misappropriation. Traders’ funds are only used for their trading activities and not for the firm’s own obligations. These are returned to the traders in case of withdrawal, or if the company stops providing its services for one reason or the other. Apart from that, MarketSpots also monitors its clients’ accounts regularly in order to ensure there is no problem and things continue to run smoothly.

Feature 2: Asset Index

A crucial feature of any brokerage is their asset index because it comprises of the instruments they are offering to you for trading purposes. Almost every company claims to offer lots of options, but the definition can vary for everyone, which means that you may not find the same choices everywhere. Checking the asset index before you sign up is important because you need to confirm that they are offering the one you are interested in, if you have a specific asset in mind. Even if you don’t, it is a good idea to take a look to check if the offerings are profitable and can allow you to diversify.

You will find more than 1,000 financial instruments to trade on MarketSpots and these are spread across different financial markets to provide variety to traders. The availability of so many options ensures that every trader can find something that’s right up their alley. What are the categories of these instruments? Find out below:

-          Stocks

One of the most well-known trading markets is none other than the stock market and it is recognized for its ability to generate high returns. Therefore, MarketSpots has added shares of the world’s top companies to provide their clients the opportunity to make some profits. A few of the shares that you can trade include Coca Cola, Volkswagen, Apple Inc., Toyota, HSBC Holdings, GoldmanSachs, Ferrari, Snapchat, Netflix, Prada, Nintendo, eBay, Salesforce, Santander, Adidas and Facebook.

-          Indices

While the stock market deals with shares of individual companies, the indices market is one that deals with the combined value of these companies in different industries. It can provide lucrative trading opportunities to people, with the possibility of high returns. You can trade some of the leading indices, such as NASDAQ, London SE, Dow Jones 30, STOXX Europe 50, S&P 500, Nikkei, Italy40 and Swiss SE.

-          Commodities

If you are not looking for too-volatile options, commodities are the perfect fit for you. There are two categories of commodities that can be found. Soft commodities include agricultural items, such as rice, wheat, corn, cotton, sugar and cocoa. There are hard commodities, which include precious metals like copper, gold, silver, platinum and palladium and energies like natural gas and oil.

-          Forex

With a daily trading volume of more than $5 trillion, it is the largest financial market in the world. There are thousands of currency pairs that can be traded and they are divided into categories, such as major, minor and exotic, depending on their demand and volatility. Some of the top currency pairs that can be traded here include EUR/GBP, NZD/CHF, USD/JPY, AUD/USD, GBP/USD, EUR/MXN, NZD/CAD, GBP/CAD, EUR/AUD, NZD/USD, USD/CAD and USD/CHF.

-          Cryptocurrencies

The newest addition that has been made to the financial markets in the last decade is that of cryptocurrencies. These digital assets have become a popular trading instruments because of their volatility. The market may have started with Bitcoin, but now there are a ton of cryptocurrencies that can be traded these days. Traders can opt for Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, Zcash, Stellar, Monero, DASH, IOTA, EOS and more.

You can choose any combination of these trading instruments to diversify your portfolio, which reduces your risk and maximizes your returns in the best possible way to help you achieve your financial goals.

Feature 3: Trading Platform

The primary reason that people need a broker to trade online is for the trading platform they provide. It is the software that connects to the financial markets, so it is undoubtedly important. But, it is also necessary to remember that not all trading platforms are the same. There are different versions of trading platforms available and companies offer their own platform to their clients, which means the features can also vary. Some traders have complained about their brokers’ platforms not working efficiently, lacking trading features or are generally difficult to use.

Obviously, you would want to avoid any such scenarios, so it is best to know what kind of trading platform is available. MarketSpots has developed a proprietary web trading platform for offering a seamless trading experience. It comes with cross-device functionality, which means you can use it on desktop PCs, laptops or even mobile devices like tablets because you only need a browser and an internet connection to access it. There is no downloading needed for this next-generation platform and navigating it is quite easy due to its intuitive trading interface.

The platform also provides ultra-fast execution with its one-click trading feature and it can be used for trading multiple assets seamlessly. As it is a web trading platform, you don’t need to deal with any updating on your part. The platform is also integrated with some of the top trading tools in the market, which can allow traders to enhance their market performance. There is an economic calendar that keeps track of all important events in the market, live charts that allow you to track performance in real-time, price alerts that can be used for making decisions about opening or closing trades, trading signals, latest market news and other analysis tools that can be helpful.

Along with this trading platform, MarketSpots has also added mobile trading apps, for both iOS and Android ecosystems, which can be downloaded quickly. The broker has made an effort to make the apps easy to use and has also added the required trading tools to help traders in trading just as efficiently as they would through the web trading platform. With these apps, people can trade from anywhere and enjoy the perks of trading on the go.

Feature 4: Account Choices

It is understood that in order to use a broker’s services, you will be required to open an account with them. Platforms usually come with different account choices, especially those that are aiming their services towards different categories of traders. As MarketSpots offers its services to traders of all levels, they have also developed different account choices. You can find the options after you have completed the registration process. This is quite straightforward, as you only have to complete one form and enter some details to finish this. It will only take you a couple of minutes and then you can jump onto the step of checking out the account choices. There are a total of five choices that have been put together and these are:

-          Standard

With a minimum deposit requirement of $10,000, the first account is developed for newbie traders who don’t have any prior experience. They are provided with essential features in this account, such as daily news, access to the broker’s Trading Academy, an account manager for assistance, a 25% margin loan, weekly market review and a weekly portfolio progress report. The leverage available to these traders is 1:200.

-          Silver

The next account option comes with a higher minimum deposit requirement of $50,000, but the leverage remains the same. The margin loan goes up to 35% and now daily market reviews are provided. Likewise, the portfolio progress report is also available daily and traders can have monthly sessions with a certified accountant. There is a 25% discount also given on commission and traders can work with a portfolio manager and there is monitoring by a top analyst 24/7.

-          Gold

Having a minimum deposit of $100,000, this account is best-suited for intermediate traders. They get a 50% margin loan here and the discount on commission goes up to 35%. A personal portfolio manager is now included in the features, along with weekly 1-on-1 sessions with a market analyst. A weekly live stream trading webinar is also provided and traders can get an end of year summary from a certified tax specialist.

-          VIP

Skilled and advanced traders have been accommodated by MarketSpots with this account option that can be opened with a deposit of $250,000. The leverage is now updated to 1:300 as traders want to make bigger trades and their margin loan also goes up to 75%. Traders can have a daily one-on-one session with a market analyst, get daily market signals and use in-depth research in their favor. They can also get access to customized education, tap into the expertise of a VIP advisor, have a managed portfolio, get invitations to VIP events and enjoy a 50% discount on commission.

-          Pro

The last account choice that has been made available comes with a minimum deposit of $1,000,000 because it is designed for professional traders. Therefore, the leverage in this account is highest at 1:400 and the margin loan is also 100%. The discount given on commission is also 75% because this acts as a big incentive by cutting down trading costs. A personal chief portfolio manager is provided to traders and a wealth manager. They get higher payouts and super tight spreads, which also favors their bottom line. Unlimited access to exchanges is also provided, along with features of the other accounts.

Other than these account choices, MarketSpots has also taken things forward by adding a practice or demo account on their trading platform. This is considered a big benefit because it provides traders the chance of testing the broker’s platform and their conditions before they have made a financial commitment. Furthermore, it is great for newbies and even expert traders who want to try out new trading strategies to see what kind of results they can give, without putting their hard-earned money on the line.

Feature 5: Customer Assistance

When you are trading in the financial markets and using a broker’s services, you could encounter a technical issue with the trading platform. You may have an issue with making a withdrawal or there could be something else that you don’t understand. What do you do in such situations? This is when you look at what assistance is provided to you, so it can be very frustrating if there are no proper channels provided for it. MarketSpots has added different channels that can be used for providing assistance to their clients.

Their customer support team comprises of multilingual individuals, as MarketSpots provides its services to traders all over the globe. They are available 24/6 and they can be contacted in various ways. Traders can fill out the online contact form that’s provided on their website under the Contact Us section. There is also an email address provided for sending in your question, or you can give them a call. If you are in need of a quick and immediate response, you can use the live chat option as well. An FAQ section is also available, which provides answers to common questions that traders may have during the process of trading.

Bottom Line

Along with these features, MarketSpots has also made an effort to provide optimal trading conditions to the traders. They have also added extensive educational resources on their platform to assist traders in improving their knowledge and skills. You will also find diverse deposit and withdrawal options, which can make it easy for traders to add or withdraw their funds. When all these features are combined, traders will find that MarketSpots can provide them with the right environment and platform for trading the instrument of their choice.  

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