Finantiko Review – Is this Broker the Right Choice?
In these tough economic times, everyone is looking for a way to earn high returns on their investment, without having to wait too long to get them. How can you get it done? Online trading provides you the perfect opportunity to invest your money and earn solid returns that you wouldn’t be able to do through a 9-to-5 job. The best thing about trading is that it is not something new; it has been around for a decades and many people have successfully made their fortunes from it. There was a time when entering these markets seemed difficult, but the internet and technology has simplified the process by a huge extent.
As trading has moved online, it has become accessible for everyone and since it comes without any prerequisites of experience and education, there has been a huge influx of people in these markets. There are thousands of opportunities to be found because there are numerous financial instruments that can be traded. But, you will require a broker to start trading, if you are willing to invest your money. Finding an online broker is not a big challenge, as there are hundreds of brokers operating online to help people in entering the financial markets.
The real challenge is sorting through these brokers and choosing one that suits your needs. This is easier said than done because a lot of brokers appear to be quite similar and this makes it very difficult to distinguish one from the other. If you are stuck in this dilemma, you need to understand that the best way to find your answer is by looking at the various aspects of the broker. You need to do the same when you come across Finantiko. The broker was established by Tikmedia LLC, which has a registered address in St. Vincent and the Grenadines.
Finantiko is a CFD (Contract for Difference) broker, which means it doesn’t require you to purchase the asset/instrument physically and you just trade in contracts. What else should you know about Finantiko? Check out some of its prominent aspects below:
- The Security Protocols
One of the most vital aspects of any brokerage is their security protocols because any lax in security can make you a target of cybercriminals. They can either steal your hard-earned money or compromise your information and you don’t want to face any of these scenarios. Therefore, it is important to know what measures are taken by a broker for protecting you from these risks. Finantiko has solid security protocols on its website for creating a secure environment. Understanding the sensitivity of information shared with them, they have opted to use SSL (Secure Socket Layer) encryption for protecting it from outsiders.
They have also used two-factor authentication (2FA) for keeping your account secure. The broker also complies with the KYC (Know Your Customer) and AML (Anti-Money Laundering) policies that are designed to prevent identity theft and financial crimes like money laundering. Finantiko has also maintained segregated accounts for its clients to keep their money safe from any misappropriation and discrepancies. In the event of the broker’s bankruptcy, their funds will be returned to them.
- The Registration Procedure
In order to use a broker’s platform and services, you have to register with them and the same applies to Finantiko. But, what separates this broker from the rest is that it has kept its registration process very simple and easy to follow. You don’t have to fill out lots of firms, sign contracts or deal with any approval process to register with the broker. Instead, they only have one form on their website that you have to fill out. They ask for you to provide your first and last name, email address, phone number, location and a password. Also, you need to agree with their Terms & Conditions and then you will be registered with the broker.
- The Investment Products
Knowing what investment products a broker offers to you is of the utmost importance because it can determine what kind of returns you can expect in the market. If the assets are not that lucrative, you will not be able to make the returns you are expecting. Likewise, you want to ensure that you can diversify your portfolio because this also reduces your risks and gives you a chance to maximize your profits. Finantiko has put together an array of instruments from different categories to enable its clients in enjoying solid returns.
Their options include the forex market, where you can trade a horde of currency pairs, with varying levels of volatility. You can also find leading indices available on the broker’s platform or you can try your luck in the stock market by investing in some of the top companies in the world. Finantiko also allows you earn consistent returns through investment in commodities, which include precious metals, agricultural products and natural energies. The broker has also added cryptocurrencies to the mix to enable its clients to reap the benefits of this lucrative market as well.
- The Customer Support
Support and assistance from a broker can make a big difference for traders, especially when they encounter a problem or have any questions about their services. Not being able to move forward can result in a lot of problems and also hamper your trading ability. Understanding this scenario, a number of customer support options have been added by Finantiko to its offerings. There are several channels that you can use for getting in touch, which include email, phone and an online contact form. You can use any of these options as per your convenience.
The broker’s agents are friendly, knowledgeable and responsive. Their goal is to help traders in resolving their problems or getting the answers they need, as quickly as possible. You will not have to wait for long and can resume your trading activities right away.
With Finantiko, traders can benefit from an optimal and safe trading environment, making it a good option for every trader.