2020-11-24 12:41 |
Over the last couple of years, the digital financial market has grown exponentially. Multiple trading platforms have now appeared, many of which promise advanced trading tools that aid investors in achieving an appropriate degree of profitability.
Despite this aspect, numerous platforms lack sufficient openness, transparency, and security. One bad experience is bound to throw many people off, which is why it is quintessential to only work with trustworthy platforms.
Introducing TradelaxSuch an example is Tradelax, which has often been referred to as the ultimate online trading solution for both beginners and advanced users. The platform has invested considerable resources into creating a trading interface boasting the ability to invest in over 200 financial instruments. These include, but are not limited to stocks, indices, commodities, cryptocurrencies, and fiat currencies.
Since Tradelax aims to cater to novice users, the team is always happy to guide newcomers in making the right trades. Users are still expected to carry out their own due diligence when choosing an instrument to invest in, but this guide provides a starting advantage.
How Tradelax Is Getting Ahead of Its CompetitionBy leveraging Tradelax’s Stock Screener feature, users can easily filter out unnecessary data on specific companies. In doing so, traders can learn more about instruments they’re considering investing in. For instance, companies can be arranged in specific orders, either by their growth rate, market capitalization, or stock value for a predetermined period.
The Live Market Data function provides users with a detailed overview of numerous global markets, thereby aiding efficient comparisons and decision-making. Customers can learn more about the current open, high, low, and closing values of companies they follow.
Forex enthusiasts will certainly come to appreciate the Forex Heat-Map tool, which provides a real-time overview of global forex trading activity. This map becomes incredibly useful, especially when users need to learn more about which currencies are becoming more valuable and which ones are weakening. A side-by-side comparison can therefore be made, thus aiding confidence-based trades.
The trading interface is well-designed and features multiple tools that can be used to make quick and secure trades. As expected, the platform also features cryptocurrency trading. Capitalization on positive and negative market developments is highly-efficient, but users must carefully consider their positions due to the inherent volatility associated with the cryptocurrency market. While the risk factor is definitely higher, Tradelax customers can also expect a much better return whenever they make smart trades.
Introducing a Fully-Fledged Account SystemAt this point in time, the platform supports four different account types. These are a starter, advanced, expert, and VIP.
Each account type comes along with its own advantages and disadvantages. For instance, the starter account is best suited for beginners, since users obtain floating spread, a lucrative bonus policy, alongside a personal account manager that’s ready to offer appropriate guidance. On the other side of the spectrum, the VIP account provides multiple other benefits, such as negotiable spread, one-on-one trading, and the undivided attention of an executive account manager.
How Safety and Security Are Constantly AssuredTradelax values customer privacy and security. In response, the platform has adopted a plethora of security protocols meant to ensure that customer funds remain safe at all times. Furthermore, the site features a 128-bit SSL Encryption, so all data sent through the platform is secured.
Regarding its availability, Tradelax is a global broker and can accept clients from most countries worldwide. A notable exception is the USA, where due to specific US regulations, American clients aren’t allowed to join Tradelax.
Bottom Line
Based on these aspects, Tradelax is actively introducing new trading tools meant to facilitate a profitable and pleasant trading experience. With over 200 financial instruments to pick from and the constant guidance of account managers, it only makes sense that Tradelax is a preferred solution by both beginners and advanced traders.
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