BTC Trends Review
I have tried many online platforms in the past because I was interested in trading since my school days. I had seen some of my dad’s friends talk about trading and how they were making money from home and was always curious to know how I could do that. Well, there are some benefits to growing up and one of the benefits was being able to trade just like them. However, I did my research before I picked my first trading platform. I have to tell you that you should do the same before you sign up with an online platform.
You won’t regret spending all your time on researching once you see people who have made the mistake of not researching. Sometimes, you can end up with companies that don’t want any good for you. They are just there for your money and will not provide you with any type of services that you are expecting from them. In other words, you can end up in the hands of the scams as well. Don’t be surprised if I tell you that there are hundreds of scams. However, we are talking about a great, legitimate, and trader-friendly trading platform today.
I am referring to BTC-Trends, which is the broker I finalized after doing all the research. I can tell you that I have never been happier with trading since I joined this platform. Will you feel the same way when you sign up with it? Well, let me give you a glimpse of the broker through this review and let you decide.
Broker |
BTC-Trends |
Website |
https://btc-trends.com/ |
Assets |
Crypto, Commodity, Stocks, Indices |
Leverages |
Up to 1:400 |
Trading Platform |
Mobile, Desktop, Tablet |
Encryption |
Yes |
2FA Authentication |
Yes |
Account Types |
Micro, Bronze, Silver, Gold, Platinum |
Min. Deposit |
5000 Units of Base Currency |
Customer Support |
24/7 (Phone, Email, Callback) |
Trading Platform in the Web
The trading platform that you will use with this company is on the internet. In other words, you will be using a web-based trading platform. When new traders ask me what’s good about this particular trading platform, the first thing I tell them is that they don’t have to download it. They always ask what’s so special about not downloading a trading software tool. So, here is my answer that I give them. When you download something on your device, you have it available only locally. This means you can’t use it on any other device unless you install it on that device too.
On the other hand, when you look at the web-based trading platform, you can use it on just about any device you want without any downloads on any devices. You have the software available to you in the web, which means you will be going on the website of the company to reach the trading platform. The best thing is that you don’t have to care for the platform. The company that’s providing you with trading services will give you everything you need. They will take care of the software, patch it frequently, and keep it updated so you don’t have to do any of that.
So, let’s say you are using the platform on your desktop computer. You enter your login details, log into the software, and start changing things according to you. Now, when you sign in to the same platform from some other device, let’s say your smartphone, all the changes you have made will be available there as well. Not to mention, you will never have to go through the downloading and installation procedures. No matter where you are in the world, you can use the web-based trading platform with ease and convenience.
You will not even have to worry about the compatibility of your trading platform with the software you have on your device. For example, when people download a trading platform on their smartphones, they have to make sure that it is compatible with either iOS or Android, the major operating systems for smartphones. When you download the platform on your computer, you have to see its compatibility with Windows and Mac. On the other hand, when you use a web-based trading platform, you don’t have to do any of that.
Start an Account with Ease
Starting an account will be no trouble for you when you go with BTC-Trends. This is what I like about this broker. Everything that you need conveniently as a trader is there for you when you sign up with this company. So, you have five different accounts, and you can choose the one that you think is best for you. You can always pick the account based on your budget or the features that you will be getting with the account. The basic accounts don’t offer you much, but I think things will be different for you when you sign up with a basic account from BTC-Trends.
You will have to deposit 5000 units of the base currency to open this account. If you want to go with some other account, you will have to deposit more money. However, at the end of the day, you will get so many features that you will not have a problem depositing a large sum of money. I am glad that the broker thought about different types of traders. Just because you are a new trader does not mean you have to sign up with an account that is meant for an experienced trader. You won’t even be using half of the features that come with a professional or advanced account.
The daily analysis is a feature that you will not miss no matter which particular trading account you go with. I think that’s a very intelligent move from the team because they know that this particular feature plays a role in the life of every trader, no matter the experience. With daily analysis, you can know the condition of the market before you put your money on the line. This will allow you to know about the market and avoid any dangerous calls that many new traders are not able to identify when they just start trading.
Information Safety, Encryption, and Segregation
Now that I have talked about your trading account and the fact that you will be depositing funds in your account, I have to talk about the safety features as well. You can’t just agree to deposit money with an online company unless you have the right information about it. In addition to that, you want to sign up with a company that you think you can trust. In this particular case, you will be glad that BTC-Trends provides you with proper safety and security. So, if you look at the way the company takes care of your money, I am sure you will not have any issues while depositing funds in your account.
So, here, you should know that the company will deposit your funds in a separate account. This particular account is meant for you only. The company maintains this account at only the most regulated banks out there. This ways, your money is in safe accounts and away from the funds that belong to the company that’s providing you with trading services. You have to keep in mind that your online trading account is no different than a banking account. If the bank can’t put your money in its own business account, your broker is not allowed to do that either.
In addition to that, you have to look at the protection that your information is being given before you sign up with the company. Are the encrypting the data that you provide on the website? Will this data travel safely on the internet lines? Can you trust that your account will not be reached by someone else with just a basic hacking move? Well, in this particular, you will not have to worry about that. The company will encrypt all the information that you provide it with and make sure that no one other than you has access to your information without your permission.
KYC and AML Policies
In addition to protecting the information that you provide on the website, the broker that you sign up with should also ensure that will make things transparent. I am a trader who has been around for many years. I can tell you with guaranty that you should avoid any online companies that do not have the KYC and AML policies in place. So, the story goes something like this. There were traders who did not want to disclose their information on the internet. However, not disclosing information means that you anyone can sign up with the trading services provider.
While you might be someone who has always traded legally, there are people who do illegal activities as well. In fact, there are people who want to use online trading platforms only to hide their looted money. They are money launderers and they are looking for places where they can sign up and keep their money without disclosing information about their identity. The companies that don’t ask for information let them sign up with them. On the other hand, you have online companies like BTC-Trends that do not allow anyone to sign up with them until proper identification information has been provided.
On the other hand, you have BTC-Trends that obtains all the sensitive information before you sign up with it. Yes, it does not feel nice to disclose your personal information on the internet, but not doing so can put you in a lot of danger. You have people who would be willing to sign up with online trading services providers in your name. How will the online platform recognize them or identify that they are using your information to sign up? That’s a huge dilemma, so you just have to make sure that you follow all the standards and sign up with a company that also follows all the industry standards.
In the case of BTC-Trends, you will be glad to know that the company is adhering to the AML and KYC policies. You can’t send money from a different account and get money on a different account. You can’t even sign up with the company unless you provide your personal identification information. That’s just a small part of the whole story. You will also have to send pictures of your identification card and banking details to the broker before you can sign up. All of these measures are taken only for your safety.
Amazing and Expansive Asset List
I am not sure about you but the first thing that I notice about any online trading platform is the list of assets. Do I have enough assets that I can trade with the company? Will I be able to listen to the advice of the best traders and diversify my portfolio with the assets that I am interested in? None of that is possible when you have signed up with the wrong company. They will not provide you with the asset index in which you can experiment with certain assets. You are usually stuck with only a few assets in the same market, so you can’t really make the moves that you have been dreaming of.
In the case of BTC-Trends, it has made sure that you can trade the assets that are available to the best traders in the world. Once you sign up with the company, you will have access to a variety of assets. The best thing is that you will not have to use different platforms to take advantage of the assets. You can trade them all from the same trading platform with all the great trading features that you can enjoy from BTC-Trends. The first thing I want to tell you here is that you can trade the forex currency pairs with this company in addition to sticks and indices.
Commodities are also great because they give you access to a variety of assets within the same category. You can trade precious metals and energies within this asset category. The best thing that I think is being provided by this company is the cryptocurrency market access. Yes, once you sign up with BTC-Trends, you will be able to trade a variety of crypto assets as well. Whether you want to trade the biggest and the best Bitcoin or some other cryptocurrency, you won’t have to go anywhere after you have signed up with BTC-Trends. In other words, you have a variety of markets in your access from the same platform when you sign up with BTC-Trends.
Video Tutorials, Webinars, and Seminars
You can’t be a great trader unless you know what you are doing? You will only lose money in trades unless you learn everything about trading from A to Z. Unfortunately, I have seen many new traders spending their money on resources that they don’t need. They have not even thought about their trading career and how it will start, but they just find someone who they trust and pay them money for teaching them. I have to tell you that you should know about online brokers before you get into anything else. Unless you know your path, it is no good to get help from online resources.
What I am trying to say is that these traders could have saved their money had they chosen to look at the trading platforms first. They would have found out that they could learn everything about trading from the broker they are thinking about signing up with. That’s the same thing you can do when you sign up with BTC-Trends. You have all the education and knowledge that you need available to you on this platform. You just have to open a basic trading account, and all the training material will be there in your reach. This training material has been put together by the best in the industry so you can trust every piece of information.
It is totally up to you how you want to learn trading when you sign up with BTC-Trends. Not a lot of companies will give you the opportunities, flexibilities, and facilities that you will get with BTC-Trends. So, when you sign up with this company, you will have access to webinars and seminars as well. Yes, by signing up with the right account, you can be a part of the seminars. If you can’t go to places or are not into travelling, you don’t have to worry about that. You can be a part of the webinars to learn everything that you need to learn about trading.
You can go from a basic trader to a professional through these webinars. You can listen to the best experts talking not only about the basics of trading but also giving their views about the current condition of the market.
Great Customer Support
Usually, I talk about this particular feature before any other feature. However, in the case of this particular company, I have to tell you that everything is pretty great. You can put any feature over any other. Now, coming back to the point, I am glad to tell you about the customer support of this trading services provider. I have been with many and I can tell you that the customer support is not really a strength of the online trading world. They try to do a lot but really don’t do much for you. They will tell you that you can call them and ask anything you want, but usually they don’t even provide you with a phone number.
The best way for you to get in touch with such companies and teams is through the web form. This form, you don’t even know if it goes to the company or not. Yes, an email address is still better. So, when you sign up with BTC-Trends, you will notice that there is a phone number and email address on the website. This means, you can get in touch with the company whenever you want. You have the customer support available on the phone or email to answer you. If you want to make things even easier and don’t want to wait in the queue before someone picks up your call, you can go for the callback feature.
Yes, there is a callback feature on this website that allows you to get a call back from the company itself. Last but not least, you will get this customer support 24/7, something that I think all online brokers should provide but they don’t.
Big Leverages
When I started trading, I always felt that I could not make the profits as big as I wanted them to be. There is nothing wrong with small profits, but I kind of figured out that with small profits, it was going to take me many years before I could make a handsome amount. That’s a long shot, and I was not in the favor of it. That’s when I decided I was going to use leverage. Luckily enough, BTC-Trends provides you with some great leverages. You can increase the amount of money you put into trade by a great margin when you go with the leverage.
You will be surprised to know that your leverage can be as huge as 1:400 when you sign up with the right account. This means you only have to spend on unit of your base currency and the rest of the 400 will come from the broker. Isn’t that a great way to trade?
Final Thoughts
You must have figured out a lot about this company from the information that I have provided you with so far. There is so much more that I can talk about when I am referring to BTC-Trends, however, I will stop here. I believe I should give you the time to think about this platform before I push you into a decision. With great trading features, a great platform, and many assets for trading, I think BTC-Trends can easily serve all your trading needs without a problem.