The sheer number of brokers that exist in the market has its pros and cons. On the one hand, it means that you have lots of options to choose from, which means you can find a competitive trading solution. On the other hand, it means that you have to put in a great deal of time and effort to find a legitimate and capable trading solution. One way to cut down this effort is to consider the top reasons to sign up with any broker and then use them to make your decision. FXPoint review is an excellent way of doing so, as it provides you an in-depth look into the company.
Of course, every company will advertise themselves as the best in business, but you cannot just take them at their word. No one will ever highlight their own flaws because their goal is to attract as many clients as possible. Therefore, it is up to you to find out as much as you can. FXPoint also appears to be a reasonable and authentic broker that gives you access to the financial markets, but why should you choose this company over the rest? Let’s find out:
Reason 1: The focus on security
Anyone who uses the internet is aware that their personal information could be misused if compromised, or their hard-earned money can be stolen, if they are not careful. The problem with trading online is that it leaves you vulnerable to both these risks and that’s not something anyone wants. Hence, you will be pleased to know that FXPoint has focused on ensuring that their clients can enjoy a secure trading environment where the risk to their information and money is minimized as much as possible.
How do they do so? They have chosen to use 100% SSL (Secure Socket Layer) encryption on their website, which is aimed at keeping all confidential and sensitive information encrypted. All data shared with them by their clients is kept safe via advanced encryption technology.
Apart from that, the policy of customer account segregation has also been adopted by FXPoint for ensuring fund security. This means that all client funds are kept in separate accounts and not mixed with the broker’s own. Plus, they are deposited with leading banks for adding another layer of security.
Reason 2: The variety of instruments
Trading is inherent with risks, but the higher the risk, the higher the possibility of making profits. There are ways that traders can minimize their risk and diversifying their investment is one of the strategies that can come in handy. This involves spreading out your capital over as many financial instruments as possible. But, this can only be done when you have access to a great number of instruments and this is where FXPoint can fit the bill. The company has added a variety of instruments to its asset index.
If you check out their offerings, you will come to know that you can trade in 1,200 financial markets and there are more than 700 instruments that can be explored. FXPoint allows you to spread your capital over the stock, forex, indices, commodities and now even the cryptocurrencies market. With such an array of options at your disposal, you will be able to earn maximum returns, while also keeping your risks under control.
Reason 3: The accommodating account types
A great reason to consider opening an account with FXPoint is the fact that they have given you numerous options to choose from. They haven’t given the same standard three options that most companies offer. Rather, you will find six account types that have been developed and each of these is meant to accommodate a different category of trader. For instance, the Basic account that has a minimum deposit requirement of €250 is a good option for novices who have zero experience and are just starting out.
There are other choices that can also be found, such as the Bronze, Silver, Gold, Platinum and Elite account. Whether you are an intermediate trader, or a professional, FXPoint has an account option for you. The deposit requirements are also quite reasonable, as the highest you have to deposit is €25,000 and this is applicable to the Platinum account. Bear in mind that you cannot just sign up for the Elite account, as it is only offered to traders who meet some specific requirements.
As far as features are concerned, daily market review, customer support, access to education center, daily video analysis, price alerts, exclusive position access, personalized trading strategy and one-on-one training are some of the prominent ones that FXPoint has added. In addition, account options from Silver onwards also come with a welcome bonus, as an incentive for traders.
Reason 4: The reliable customer support
You never know when you may get stuck with a problem during the trading process, so it is always a relief to know there will be help available when you need it. FXPoint has ensured that its clients don’t have to be disappointed where customer support is concerned. First, they cater to their clients by providing them access to an FAQ section where answers to questions asked frequently are provided for the ease of traders.
If you don’t find your solution there, you can always get in touch with the support team at FXPoint. They are available 24/6 via phone and email, or you can schedule a callback by filling the online contact form. The live chat option can also be seen on their website and used for a quick solution.
Should I Use FXPoint?
These are undoubtedly good reasons for signing up with FXPoint, but if you are looking for more, you can always consider their advanced yet simple trading platform that doesn’t come with a learning curve. Don’t forget the fact that they have competitive spreads that can allow you to maximize your earnings and they are also transparent about their charges and fees, so you will know exactly what you are getting into and not have to deal with any surprises.