Crypto / Forex Broker Reviews

Towards Source Review – Is it a Smart Choice?

Towards Source Review

Towards Source logoThe financial markets, like the stock market and the forex market, are home to a lot of opportunities for making money. It is common knowledge that people have made entire fortunes from these markets and many continue to do so.

But, there are also many who failed and had to abandon their endeavor. While there were numerous reasons for this, one of the most prominent ones was not choosing the right broker. Yes, there is such a thing as the right broker and it is different for everyone and the only way to find them is by doing your homework. Not reading a Towards Source review before opting for them would be foolish.

In this digital age, we have all information available right at our fingertips and not using it is definitely not the smart thing to do. Your decision to be thorough can help you in becoming one of the successful traders in the financial market, while not doing so will result in failure.

Do you really want that? Certainly not and the best way to avoid it is to make sure that you have selected a good broker for your trading journey. It is definitely not lack of options that’s going to be a problem because there are plenty of them to be found.

The real challenge is actually going through them to find the one broker that will be the smart choice for you. As mentioned earlier, it is different for everyone because you may not have the same trading goals, risk appetite, capital and skills as the next trader.

Therefore, your priorities will be different and you need to find a company that can fit them in the best possible way. How can you do that? The key is to check what you are being offered and then make up your mind. Amongst the many options that exist in the markets, you will find Towards Source and you can certainly review its offerings to reach a conclusion. Check them out below:

Broker Towards Source
Website https://towardssource.com/
Trading Accounts Four Account Options; Basic, Silver, Gold and Platinum
Minimum Deposit $250
Assets Coverage Forex, Cryptocurrencies, Stocks, Indices, Commodities, CFDs and ETFs
Trading Tools Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts, Market Calendar and Risk Management Tools
Education and Training Yes; , glossary, e-books, online video courses, webinars, tutorials and market analysis
Customer Support 24/5 through email, phone number, online contact form
Security Policy KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company Towards Source

Towards Source homepageAsset Index

Reviewing the offerings of a broker means looking at its different features and services and the best place to begin is its asset index. After all, if the company doesn’t offer what you want to trade, why bother looking at anything else?

Of course, every platform will have a unique asset index, but some companies tend to make some big claims and then don’t live up to them. By taking a look beforehand, you can avoid disappointment and frustration in the future because you will not need to look for another option.

Plus, it can also tell you what kind of profits you can expect to make because the level of return for every asset varies. Towards Source promises its clients access to leading global financial markets and it has fulfilled it by adding more than 200 trading instruments to its platform.

If you go over the choices, you will discover that they belong to different markets and are some of the best and most profitable options. With such variety, you will have no issues in finding the assets you are after and will also be able to implement the diversification strategy for managing your risks effectively.

Some of the assets you can trade at Towards Source are:

Stock: When you think of trading, it is the stock market that comes to mind first and there are stocks of different companies to be traded. Apple, AT&T, HSBC Holdings, Google, eBay, Netflix and Alibaba are some choices that traders can check out.

Forex: The daily trading volume of this market is above $5 trillion, making it the largest financial market in the world. You can trade a wide range of currency pairs in this market via Towards Source and these include EUR/USD, USD/JPY, AUD/NZD, GBP/USD, EUR/GBP and USD/CHF.

Commodities: Steady and stable returns can be enjoyed by traders in the commodities market and there are tons of commodities that can be traded. There are soft ones that include agricultural products like coffee, corn, wheat and rice. There are hard ones that comprise of precious metals like gold, silver, platinum and copper. You can also go with crude oil and natural gas.

Indices: If you are looking for lucrative opportunities, the indices market is full of them and there are some great indices to explore at Towards Source, such as NASDAQ 100, S&P 500 and FTSE 100. Cryptocurrencies: One of the most highly-demanded trading instruments these days are digital currencies. Due to their volatility, cryptocurrencies can offer very high profits and you can trade Bitcoin, Litecoin, Ethereum and Bitcoin Cash amongst others.

Trading Software

After you have figured out what you will trade, it is time to look into how you can trade it. This is important because it will determine how difficult it will be for you to execute your trades and whether you can maximize the opportunities or not.

You need a trading software to be able to do so and it is the primary purpose of a broker to provide it to their clients. Of course, every company will not offer you the same solution, so you need to know beforehand what you are signing up for. A broker can have the best assets, conditions, accounts and what not, but if their trading platform is faulty, you will not be able to do much.

The trading software is the feature you engage with the most, as this leads you to the financial markets, allows you to open and close trading positions and provides you access to the trading tools used during the process. A web trading platform has been developed by Towards Source for its clients.

It appears to be a simple solution on the surface, but they have packed it with the best combination of features and tools for their clients. It uses innovative trading technology, which has been combined with an intuitive and responsive user interface, for helping every trader in navigating the platform easily. Whether you are new to the trading world or a seasoned trader, you will be able to use it with minimal issues.

The dashboard has been given a customizable layout, allowing every trader to make adjustments according to their skill level and requirements. Towards Source has developed the trading platform to deliver 99% execution within a second and one-click trading allows you to make full use of it.

As the platform is web-based, you don’t need to download it on any device and can use it on any device accessible to you at a given moment. It can be used directly on the broker’s website, which makes things really straightforward.

You will also discover that Towards Source has equipped their platform with some powerful trading tools for the ease of their clients. They give you access to advanced charting solutions, graphs, trading indicators, the latest financial news, trading signals and a market calendar as well.

There are webinars, videos and tutorials also available for guidance and assistance. As mobile trading has also become a popular trend, they have added support for Android and iOS devices as well. In this way, traders are free to trade on the move and can control their trading account from anywhere, so they don’t miss out on any opportunities and can know what is happening in the market.

Account Plans

How do you use any online service nowadays? To do so, you are mostly required to open an account by signing up and providing some information. This is no different when you have to use a broker’s services, but there are different account plans that you will find.

If you have looked at several companies, you will see that the plans vary and don’t offer the same features and services. The purpose of offering more than one account is to facilitate traders with different budgets, expectations, skills and styles. There are four account plans that are made available on Towards Source for this purpose.

You can go over the plans and opt for one that seems the most apt for you. The Basic plan is the first one you will find, one that can be opened with just $250. With such low requirements, it seems a good fit for novices with no prior experience.

They get 24/5 customer support in case they require it, get a no-interest loan on their deposit of 10%, a no-risk deposit account offering 6% annually and leverage of 1:50. Traders can increase their investment to as much as $4,999 in this account. Towards Source’s next offering is called Silver and this one can be opened with just $5,000.

In return, your no-interest loan on deposit goes up to 20%, the leverage to 1:100 and no-risk deposit account to 7%. Plus, you can invest a maximum of $24,999 in this account. The third account you will find is called Gold and this is Towards Source’s most popular one. It offers a leverage of 1:200, which is quite lucrative, but this account comes with a deposit requirement of $25,000.

If you want to add more, you can go as high as $100,000. What do you get in return? The no-interest loan on deposit stands at 30% and 8% returns are available on a no-risk deposit account. Daily market reviews are also provided and traders can attend free monthly webinars and a VIP mentorship program. You can also take an educational course one-on-one, get events analysis and even trading alerts and will be able to connect with an account executive directly.

Lastly, you will come across the Platinum plan by Towards Source and this one comes with a hefty deposit requirement of $100,000. But, the good news is that there is no limit to how much more you can invest through it. Along with the features of the other accounts mentioned earlier, it comes with some changes and addition.

For this account, a leverage of 1:400 has been given by Towards Source and they have sweetened the pot with a 40% no-interest loan on deposit and 9% per annum for a no-risk deposit account. You also get a money management plan to help, trading signals and event trading.

Towards Source Account PlansCustomer Support

If there is one thing that’s vital for any online platform, it is customer support. For traders, having access to support can be the difference in their success and failure. If the trading platform has a technical issue, you might not be able to open a new position that could mean missed profits.

If the market moves in the opposite direction, you could end up in losses too. Therefore, support is not something to be considered a bonus because it is absolutely vital. Towards Source delivers in this aspect with an FAQ section on their platform, providing answers to common queries.

If your problem is different and requires individual attention, they have agents available 24/5 for making sure you don’t have to suffer. How do you get in touch? Visit the Contact Us section on their website and fill out the online contact form.

If you don’t want to take this route, you can send in an email, as the address is provided. If it is urgent, there is also a phone number that can come in handy. The team at Towards Source will attend to your issue right away and will respond to you in a friendly manner, making sure that you don’t have to suffer.

Combine these offerings with top-notch security, competitive trading conditions, easy registration and smooth deposits and withdrawals that you find at Towards Source and you can see that it is a smart choice for any trader looking to profit from the financial markets.
Towards Source Customer Support

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