Sometimes, when I land on a broker’s website, they amaze me. They amaze me with the fact that they have covered everything so well that you can’t find a flaw. There are not many online trading platforms about which I can say that. Yes, but there is one that I can easily say that about. And the name of that platform is FinexArena. This company has created a system in which you will feel facilitated in every single way possible as a trader. It has provide you with a great trading platform, lots of assets to trade, and leverages and spreads that actually help you become a professional trader.
However, I will tell you everything about this broker in detail in this FinexArena review. I think it will be easy for you to make a decision once you know everything in detail. So, let’s go and explore the best features of this platform.
A Trading Platform That Goes Everywhere
It is a pity that there are still many companies out there that offer you only old and outdated trading platforms. What is an outdated trading platform you may ask? Well, it is one that does not blend in your modern lifestyle and offer you the features that you mostly need as a new trader. So, the first test that you have to run with any platform is that it should be available to you on your mobile devices. And yes, you have the trading platform from FinexArena available on your mobile devices. Secondly, you have to check if you can use the same platform on your computer, and yes, you can do that with the trading platform from this broker.
There is something that makes the software from this company even better. It is that you will be able to use it in the web form as well. Yes, you can access this platform from anywhere in the world, using any device of your choice, without worrying about any compatibility issues with your operating system.
Many Crypto Assets for Trading
Okay, so you know at this point that this broker is all about cryptocurrency trading. And it is usually the case that when a platform offers you with cryptocurrency trading, the first thing you want to be sure about is that it is not a scam. And I can tell you with surety that you are going to have peace of mind with this one. This firm has made sure that you trade a variety of cryptocurrencies with all the benefits associated with CFD trading. You are not limited to the big guys, such as Ethereum and Bitcoin. Keep in mind that I am not telling you that you cannot trade those cryptocurrencies.
Of course, you can trade these big cryptocurrencies. However, you will also have access to other digital coins like EOS, Litecoin, Ripple, Monero, Stellar, etc.
Deposit Methods and Funds Safety
Funding your account with this company is not a big deal at all. You can use the method that suits you and make sure that you deposit your money safely. Once you have made the deposit, you will not have to worry about their safety because FinexArena has already taken care of that. How? Well, all the money that you deposit in your accounts will go into segregated funds. Segregated funds mean that the broker has created a bank account that is in the name of the traders, not in the name of the broker for its personal use. This ensures that your money belongs to you even when you have deposited in your trading account.
In addition to that, you should know that you can deposit using the best methods in the world. You can use your credit or debit card if you want. If you are worried about the safety of your money, you should go with the bank wire transfer option. However, you also have the Bitcoin wallet option if that suits you. It is a fast option and suits any crypto traders more than any other method of depositing money.
This should make trading easy for you. You don’t have to worry about being with a broker that does not care about you or is a scam. Again, that’s why I am giving you this complete review so you can decide whether or not this company is a scam. So, the first thing you will notice about scammers is that they are not registered anywhere. They keep making huge claims but their registration information is nowhere to be found. I am glad to tell you that this company is properly registered. The best part is that you can find the registration information right on the website of the firm.
Huge Leverages and Tight Spreads
You will have great chances of making a lot of money when you trade with FinexArena. The first thing you should know about the trading conditions on this trading platform is that your spreads are very tight. What sweetens the deal even more for me is that the spreads are fixed. Yes, they are fixed so you don’t have to worry about varying and dynamic spreads much. In addition to that, you will get some huge leverages on your trades, so eventually, you will be trading with some great amplified profits if you are successful with your trades.
The leverage that you can get with this broker is of 1:400. While this might not be the biggest, it is definitely among them because I have seen other brokers and their leverages as well.
As I said in the beginning, there are not many online trading platforms that are complete. However, there are some that are very comprehensive in the way they offer trading services to their traders. It does not matter which part of the world you are coming from and signing up with this company. In the end, you will get what you deserve as a new trader. You get hug leverages, a great trading platform, tight spreads, and a company that is properly registered to offer you these services.