Today, I am going to share my opinion, which I have developed after thorough research and study of this broker named CFDAdvanced. In this CFDAdvanced review, you will come to know that this broker has all the features and capabilities to boost your trading venture. When we talk about trading, people usually consider it as an easy source of minting money. Yes, this can be true, but only if you have a good broker as good as CFDAdvanced. The below-average broker will definitely anchor you down towards bankruptcy. In this review, you will come to know about the magnificent features of this brokerage platform.
When a person decides to step into the trading business to become a trader, he comes with a lot of dreams and goals to achieve. He dreams of becoming a successful trader who deals with all types of trading instruments, but sometimes brokers become a hurdle between the trader and his dreams because there are some brokers who do not let you trade in all the instruments available in the market. If you also have dreams like this, then you are at the right place because the broker about which I am writing today provides an opportunity to trade all the popular instruments such as Forex, indices, CFDs, securities, commodities, and the most demanding nowadays, cryptocurrencies. It is a truth that trading CFDs and cryptocurrencies are not possible without the help of an online trading platform like CFDAdvanced. CFDAdvanced will help you to trade these two as well. A good broker helps the trader to make difficult decisions.
The trading market is full of a mixed variety of brokers, out of which it is difficult to distinguish which one is a diamond. It is necessary to go for a broker who is already tested by any person in your contact list. But most of you do not have any traders on your friends’ list. That is why I am here to help you. I have studied and used the services of many brokers, including CFDAdvanced, to come up with an honest review.
You will find all the necessary and required details in this review which will ultimately make this decision really easy for you. Only some of the most promising features are discussed below because covering all the features of CFDAdvanced in one review is not possible due to its versatility.
CFDAdvanced: A Broker With A Solution To Every Problem
This broker has listed all the features and services on its website, and I am going to discuss with you all those features one by one. It allows trading of various instruments such as Forex, indices, and cryptocurrencies. In cryptocurrencies, it further provides liberty to trade all the digital coins because the number of digital coins worldwide has now crossed the 5000 figure. For the assistance of traders, the platform provides multiple tools which pave the way for traders to be successful by earning lots of money. CFDAdvanced also allows depositing and withdrawing of funds at any time without charging any fee. The platform charges no fee other than the standard fee, which the traders are bound to pay according to the specific account type you select.
In addition to these features, security is given utmost attention by the platform. Before allowing anyone to trade on the platform, it makes sure to check the identity of the new traders with proper documentation. All these features and security measures please its traders. That is why they remain easy and satisfied with their authentic and trustworthy broker.
A Variety Of Trading Assets
CFDAdvanced is a versatile platform that lets you do business with an asset of your own choice. For that purpose, it offers 250+ tradable assets of various kinds, for example, Forex, indices, securities, and CFDs. In addition to these, it also allows trading of cryptocurrencies which has become the topic of every gathering nowadays. Some of the most famous coins which you can trade on the CFDAdvanced platform are Bitcoin, Ethereum, Ripple, Litecoin, and Tether. Although this currency is volatile in nature, it is still highly rewarding. Its liquidity is increasing with every passing day, and as it is a currency, it means that you can shop with it whenever you want.
Reasons To Prefer CFDAdvanced
CFDAdvanced provides thousands of reasons to prefer this platform over all the others but let me share with you some of the most important reasons for you. CFDAdvanced is 100 percent transparent in terms of pricing. It means that it offers competitive market prices of assets without charging any unnecessary or hidden commission. Due to this characteristic, it has been able to maintain its integrity and trust in this tough online market.
The platform of CFDAdvanced is the fastest in the market. It does not lag. 99% of your commands are executed within a second. After that, it provides protection for funds. Your funds, regardless of their size, are kept in segregated accounts and cold wallets to keep them out of reach from hackers and thieves. Let alone the thieves, even the platform itself cannot use your funds for its own needs thanks to the segregated accounts.
In addition to all these facilities, the platform is not selfish like its other counterparts. It is committed to providing trading education. It has provided educational material on the website so that the traders learn more in order to trade effectively and become independent. The material provided on the website is mostly related to FinTech (Financial Technology).
The First Step
It is a famous quote that the first step is always the hardest. It is true in the sense that a beginner has to start from zero momentum. The same is the case here in online trading because it was previously not possible for faint-hearted people. Keeping all this in front, CFDAdvanced has decided after a lot of contemplation not to make your first step on this platform a hard one.
This platform has a motto according to which their first priority is to make trading easy for its clients and provide them every facility in one place, which was not done by anyone before. This is why CFDAdvanced has simplified the registration process, which is definitely your first step on the platform towards becoming a successful trader.
The registration form is short and simple. It does not contain any optional fields, just required information is demanded from the customer, which includes first and last name, native country, contact number, and email address. After filling the form, the traders set their password, which they use to log in on the platform.
Accounts Offered By CFDAdvanced
After the completion of the sign-up form, the users select an account type that best suits their pocket. The platform offers five different types of accounts that are customized according to the needs and requirements of beginners, experienced and upper-class traders. These accounts differ from each other in terms of minimum deposit limit, leverage, percentage of commission, welcome bonus, and daily market reviews. The details of all these accounts are given below:
- Silver Account
Silver account is the most basic account offered by CFDAdvanced, which is not fully equipped, but it is affordable for beginners with big dreams who want to start this business with low capital. The minimum deposit limit of a silver account is only 10,000 Euros. It offers leverage of 1:20, and a senior broker is there to help you manage this account. 10% fee is applicable on profit in this type of accounts.
- Gold account
Gold account is slightly advanced in its features but still affordable for low-budget customers as its minimum deposit limit is 25,000 Euros. It offers 1:40 leverage, and this account is also managed by a senior broker. The fee applicable on profits is reduced to 6% only, which is a very good step to encourage the new traders. One weekly managed session is provided to these account holders.
- Platinum Account
The platinum account is for rich and experienced traders who want to earn more by depositing a big amount. The minimum deposit limit in this type of account surges to 100,000 Euros. The leverage provided on this account is 1:60, and an expert broker supervises your account. The fee on profit is further decreased to 5% only, and 2 or 3 weekly managed sessions are provided.
- Diamond Account
This account type is specially designed for rich customers who own trading experience of a few years. The minimum deposit limit is 250,000 Euros which is not a big concern for rich customers. They are provided leverage of 1:100, and a top broker is there for risk management. The fee charged on profit is only 4%, and four weekly managed sessions are provided.
- VIP Account
This account type is specifically reserved for elite class traders who do not care about the minimum deposit limit, and all they want is premium-level services. You can own this account by depositing at least 500,000 Euros. They are provided leverage of 1:150, and a separate team of top-rated traders is reserved for you to manage your account. The fee is charged on the VIP account by CFDAdvanced is 2.5% which is only a fraction of what they earn. In addition, seven managed sessions are provided, and a private trading room is also available for VIPs.
Apart from the fee percentage mentioned above, no hidden fee is charged on anything, and the services like deposits, dynamic charts, and graphs, opening/closing of trades, and real-time Forex quotes are provided free of cost.
Funding Your Account
After selecting an account type for yourself, you would have to deposit investment money for trading. CFDAdvanced gives multiple options for the transfer of money from the trader’s account to the platform’s segregated account. The more money you will invest, the more profit you will gain. Deposit is essential because, in the trading market, no demonstration period is given. You can transfer money either through wire transfer (which is characterized as the safest option) or through your credit/debit card, which is the fastest option so far for this purpose.
Stress On Traders’ Education
With the latest advancements in the online trading industry, the need for traders’ education has become crucial. Not only the new traders but experienced traders also feel the need to enhance their knowledge and expertise. FinTech, which stands for Financial Technology, is changing and upgrading rapidly. FinTech is the use of technology in different areas of trading to make it easy, reliable, and more profitable. These areas include payments, risk management, tools, and security. It makes trading faster, reliable, and profitable.
In order to make its customers expert and independent in the trading market, CFDAdvanced has provided material for trading education on its platform. It is a full-length book that discusses all the topics from the basics of FinTech to the allocation of funds. The book contains 13 chapters that are: The FinTech Revolution, Financial Basics, Investment Basics, Fundamental of Research, The Basics of Buying, Selling and Controlling securities, asset Allocation, Building an Investment Portfolio, Understanding Stocks, Investing in Bonds, working with ETFs, Understanding CFDs, Day Trading and Swing Trading and lastly how to Trade Currencies. By looking at the names of these chapters, we come to know that the book covers all the areas of online trading, and by a thorough study of this book, the traders can gain long-lasting benefits.
The advantages of reading this book, as advertised by the platform, are that you will be able to understand the mistakes which stop the traders from making money. Secondly, you will be able to figure out the most profitable stocks, and thirdly, you will be in a position to understand and profit yourself from cryptocurrencies.
A Universal Trading Room
A trading room is a forum on a website where people gather to sell and purchase different trading instruments. In these rooms, traders offer prices while the platform negotiates a deal between the buyer and the seller. After settling on the price, the deal is then tailored according to the customers’ needs.
A trading room is available on CFDAdvanced, which can be utilized by everyone free of cost regardless of the fact that he/she is registered on the platform or not. Other brokerage platforms charge commission to use their trading room. Remember that finding a credible trading room is a difficult task, especially if you are a novice in trading. It means that the room offered by CFDAdvanced is nothing less than a blessing by God.
Measures To Eliminate Security Risks
To reduce the risk of data breaches and to secure the investment of traders, CFDAdvanced has taken some serious steps. It has implemented some security policies which are compulsory to follow for all the customers. In fact, no one can trade with this broker without complying with its policies. It protects the privacy of its traders by not indulging in any kind of shady business to earn some quick money.
The policies about which I am talking are KYC and AML. These policies are adopted in a bid to safeguard the two important belongings of a trader, his money and his personal information, which he provides in the registration form. KYC, which is the initialism of Know Your Customer, bounds the customers to input their personal information to prove their identity by providing an identity card or driving license at the time of registration. It eliminates all the chances of criminal infiltration.
Parallel to KYC, AML ensures the safety of the investment. AML is Anti Money Laundering, which requires the customers to provide a bank statement to track down the money so that it does not reach the hands of terrorists. It is a serious effort by the platform to cope with the problem of terrorist funding so that your money cannot be used to kill someone without even your knowledge.
Customer Support Service
Although CFDAdvanced has taken every step to make this platform error-free still, it is software, and a user can feel a need to talk to the broker at any time. For this type of scenario, this amazing broker has introduced world-class customer support service, which is available 24 hours a day and six days a week. A trader can contact CFDAdvanced by using any of the modes of communication provided below.
If you have any question in mind which is intriguing you, then, first of all, you can open the FAQ section of the platform, where answers to all the possible confusions are already listed. But if your desired answer is not available there, then you can fill out the contact form and send your problem to the customer support team, who will provide you a suitable answer.
But if you still want to contact your broker directly, then an email address is already given on the platform, which you can use. Your email will be responded to in the lowest possible time, and your problem will vanish in just a few minutes. The inclusion of customer support service by the broker proves that CFDAdvanced follows some moral values which tempt this broker to help its customers.
This broker has a passion for excellence which forces him to serve others. It helps its traders to achieve their goals and dreams. It is due to the platforms’ sincere efforts that it has received more than 40 recognition awards in this short period of time. It provides the best trading tools and features; that is why it deserves a chance.