When you have decided to join the online trading trend, it is important to remember that having a capable and reliable broker can be crucial to your success. The sheer number of platforms in the market are quite overwhelming and often push people into choosing a brokerage at random. This can be a mistake if it turns out that you don’t fit the profile of the broker, or vice versa. To avoid the hassle, you should do your homework and opt for the right platform for your trading needs. Elitsolutions is one of the most notable names you will find and this Elitsolutions review can tell you why it has become such a renowned platform in the financial markets.
Founded in 2007, Elitsolutions has its headquarters in Australia and has been operating in the market for 14 years. It offers different types of trading services to global clients and has become a prominent name in the market because of its regulatory status and impeccable services. Due to its location, it is regulated by the Australian Securities and Investment Commission (ASIC), but that’s not all. It is also regulated in other jurisdictions and by authorities, such as the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the Financial Services Authority (FSA) in Seychelles.
Range of Markets
One of the most important questions that you should be asking about any broker is their asset index. You should know what markets you will be able to access because this will determine how much profits you can make at the end of the day. There are more than 232 trading instruments that Elitsolutions is offering on its platform and these belong to some of the biggest and most renowned financial markets in the world.
The sheer number of options ensure that every trader, whether they are beginners or professionals, can find the instruments they wish to trade. Moreover, this means that the Elitsolutions platform can be used for portfolio diversification, which can minimize your trading risk and maximize profits. You can trade 61 forex currency pairs, 23 indices, 22 commodities, more than 1,600 stocks, 11 bonds, 4 futures and plenty of cryptocurrencies as well.
After checking out the range of markets, you should take a look at the trading platforms you can use for accessing them. Here, you will come to know that Elitsolutions doesn’t make any compromises in quality because they have added the leading and most advanced trading solutions to their offerings. They have added the MT4 and the MT5 trading platforms, which are considered the gold standard in the industry and are recommended by all professional traders.
In fact, the best thing about Elitsolutions is that they have given their clients the option to choose from the desktop client, WebTrader as well as mobile trading apps for both Android and iOS devices. Hence, traders can enjoy trading on the go with the apps, use the WebTrader for simple and flexible trading, or use the desktop client for the complete and powerful trading experience. Along with these platforms, you will also be able to use the cTrader platform. This is also a renowned and popular option and can deliver a seamless trading experience.
You need a secure trading environment to focus on your trading and this is exactly what Elitsolutions delivers. To safeguard the personal and confidential data of its clients, the broker uses SSL (Secure Socket Layer) encryption that prevents unauthorized access. In addition, as per its regulatory status, the broker maintains segregated client accounts for keeping all deposits and they are kept with the top banks. The company is also AML (Anti-Money Laundering) and KYC (Know-Your-Customer) compliant and this is another perk.
A demo account, competitive spreads and low fees, accommodating account options and top-notch customer support are some of the other features that Elitsolutions offers for a comprehensive trading experience.