With the popularity of cryptocurrencies, the trading market is once again making headlines and has generated a lot of interest. People know that trading has existed for decades. It is nothing new and it is a well-known fact that many have made millions from this market. But, people also believed that this market was out of reach and only reserved for the elite. As it turns out, this is nothing just a myth because the trading market is one without barriers to entry and welcomes anyone who wants to make a profit, even with a little investment. Cryptocurrencies have clarified this point even further, helping global traders make massive profits.
Have you ever thought about giving this market a chance? If you have, but never tried, it is time for you to take a shot. It is not that difficult to begin and you can easily find everything you need, as long as you have picked the right broker. This is one decision that has to be made with caution because not every broker will be the right one. Since there is also a talk of scams, you have to tread carefully in order to protect yourself. Luckily, this is not that difficult to do because you just need to be diligent.
If you do your homework, you will be able to minimize such risks and opt for a broker that’s best for you. Do good brokers exist? Indeed, they do and all you need to do is find one. So, how will you classify 4TFX? This is a CFD broker that is operating from Limassol, Cyprus and is catering to traders all over the globe. Whether you are a new trader or someone with experience, 4TFX claims to provide you with everything you need? The question is whether their claims are authentic or not. How can you know that?
The key to finding your answer is looking at exactly what the broker is claiming and to verify it. Let’s take a look at 4TFX’s features and offerings:
- 4TFX’s Trading Platform
The primary reason why traders need a broker is because they provide them with the software they need for executing their trades and transactions. This is referred to as the trading platform and it can determine what kind of trading experience you have with a broker. If the platform doesn’t work properly, breaks down, suffers from technical issues or is generally lacking in tools, you will not be able to take advantage of the trading opportunities.
Knowing this important fact 4TFX has developed a browser-based trading platform for its clients, which doesn’t involve any downloads or installation. Made with cutting-edge technology, this trading platform has an intuitive interface, making it easy to navigate. Even beginner traders don’t have to worry about a learning curve. In addition, the platform has lots of trading tools including charting tools, trading indicators, graphs, latest market news and real-time price quotes.
As a matter of fact, 4TFX has also come up with mobile apps for iOS and Android devices to provide modern traders with an advanced option. You can trade no matter where you are and can make the most of all trading opportunities that present themselves.
- 4TFX’s Trading Products
The next feature that needs your attention when it comes to a broker are their trading products. What can you trade with them? This is important because you need to figure out if the broker allows you to diversify, as this is essential for maximizing returns. With 4TFX, you will have no need to worry because this broker has put together a very impressive range of trading products for you. With 200 options available, you are free to trade in various financial markets.
The broker allows you to trade in the forex markets and choose from major currency pairs, minor pairs and some exotic and rare pairs that are volatile yet profitable. Stocks of companies from different industries have been put together and global indices are also available. When it comes to commodities, different classes like natural energies, precious metals and agricultural products can be found. The most notable of them all are cryptocurrencies, the hottest commodity these days and 4TFX has added those to its trading products as well.
- 4TFX’s Trading Accounts
To use any broker’s services, you have to open an account with them first. A registration process has to be completed, which doesn’t take more than a couple of minutes. After you have filled out the basic information needed and gone over the Terms & Conditions, it is time to check what trading accounts can be opened. 4TFX has five options available and each of them are for traders of a different category. You should assess each option and opt for the one that is in accordance with your style.
The options start with Basic, needing a deposit of €250, move onto Silver, Gold, Platinum and Diamond. Hence, 4TFX accommodates, newcomers, beginners, intermediate, skilled and professional traders under these account choices. They provide account managers of different levels of experience under every account type. Likewise, leverage also increases as you move up account options and so does the welcome bonus you are given. The maximum investment that you can make is €499,999 on this platform. The minimum deposit needed for every account also varies.
Is it Legitimate?
Most importantly, you receive round-the-clock customer support at 4TFX and they are ready to facilitate you throughout the trading process, making it a sound broker for everyone.