Many people have made their fortunes from the financial markets and this has inspired others to do the same. But, whether you can succeed in doing so or not will depend on a number of factors. One of these is the broker you decide to use for your trading activities. Hundreds of brokers exist in the market, but not all of them can offer you the best quality services. Group-500 is one of the options that can be found and it was founded by GAIR LOCH Enterprises Ltd. The company is registered in Geneva, Switzerland and offers Contract for Difference (CFD) trading to people.
However, this doesn’t mean that you sign up without doing any research into Group-500. There have also been some scam platforms and fraud brokerages that have exploited those wanting to trade in the financial markets. Hence, you have to be cautious in order to succeed and this means identifying the unique offerings of the broker. This Group-500 review will shed some light on these offerings:
100 Trading Instruments
Of course, every broker gives you access to trading instruments because that’s their whole purpose. But, the number, kind and variety of these will vary and this is what you need to focus on. You will find more than 100 trading instruments available on Group-500 that can help you in maximizing your trading opportunities. These belong to some of the world’s leading financial markets and can help you in diversifying your investment portfolio. You have the opportunity to trade forex currency pairs, stock CFDs, as well as indices and commodities. There are cryptocurrencies available as well, since they have also become quite popular.
AML and KYC Policies
With security becoming more important than ever when trading online, it is undoubtedly a perk that Group-500 is compliant with the two most renowned security policies; AML and KYC. Known as Anti-Money Laundering and Know-Your-Customer policies, these require traders to verify their accounts by providing proof of identity and address. This needs some documentation, such as national ID card, passport or driver’s license for identity and utility bill, credit card bill or bank statement for address. It is effective in preventing financial fraud, money laundering, terrorist financing and identity theft.
Fast and Easy Registration
The financial markets move within seconds and minutes, which means opportunities come and go just as quickly. When you want to make profits, you definitely don’t want to wait for anything and this means registering quickly and easily with a broker. Not every broker will make this easy for you, so it can be frustrating. Fortunately, you will come to know that Group-500 is not one of these. Their registration involves filling one form on their website that needs basic details like your name, phone number, city, address, country and an email and password. Choose a currency from EUR, GBP and USD and agree with the Terms & Conditions to register right away.
Five Account Options
Once you complete registration, you have to open an account with your chosen broker. This is the point where you find what options they have come up with for facilitating you. The purpose of offering choices is to accommodate traders with different styles, budget and expectations. You will find five account options provided by Group-500 and this is a lot more diverse and unique than what you will elsewhere. These options are Silver, Gold, Platinum, Signature and VIP accounts. The minimum deposit for the accounts start with $10,000 for the Silver account and goes as high as $100,000 for the VIP. Different features have been incorporated by Group-500 in each account to assist the traders it is designed for. These include an account manager, trading signals, one-on-one training, trading news, customer support, trading algorithm and complete access to the education center.
What’s the Verdict?
Thanks to these unique offerings, Group-500 can provide the ultimate trading experience to anyone who decides to register on their platform.