TradeSafer Review: Where Do We Rank Tradesafer.com?
Nowadays, online trading has become the best way for people to start off their investment journey. While it’s different from any other form of investment, it still requires traders to diversify their portfolios if they want to grow. After all, the golden rule is to never put all your eggs into one basket. As a result, users are demanding a more convenient way to diversify their portfolios. In this TradeSafer review, I’ll mention some of its key features, and how it encourages traders to enter different markets.
Since online trading was founded as a way to enter previously inaccessible markets from the comfort of home, people have spent hours researching assets. But if they want to implement this knowledge, they need an appropriate platform. It’s why options such as Tradesafer.com broker are gaining popularity among users these days. I decided to sign up and check out its features.
Add Various Trading Pairs To Your Portfolio
One of the primary ways that the Tradesafer.com trading platform aims to encourage portfolio diversification is by providing multiple options. When you’re adding a variety of trading pairs to your account, you stop relying on a single market for all your gains. This is a much healthier way to expect bigger returns.
Not to mention, it allows you to get more consistent and steady returns, which are better than bigger, infrequent returns. You can choose between traditional options like stock or forex, and even some niche options like crypto trading. An added advantage is that users can access all these options from a single trading account rather than going back and forth between multiple platforms.
Available Accounts TradeSafer
TradeSafer offers four distinct account for different classes of traders. Let’s take a closer look at these accounts and what they bring to the table;
Silver
It’s the most basic account with investors having to deposit a minimum of $10,000. Leverage set is 1:100 for forex assets while other assets face a leverage of 1:2. Traders on this account qualify for arbitrage contracts.
There’s an account manager present with weekly portfolio and daily market updates. Members also enjoy a 10 percent deposit protection. 24/7 monitoring is not available with the silver account.
Gold
The second account to choose from with a minimum vesting period of $50,000. Forex leverage is 1:200 while other assets facing a leverage of 1:2. Members also qualify for arbitrage contracts and an account manager is present.
Weekly portfolio progress with daily market updates with deposit protection of 15 percent. Members are IGO group members with 24/7 account monitoring available. There’s a distinct difference between the gold and silver accounts set for newbies and semi-skilled traders.
Platinum
You have to deposit a minimum of $100,000 with this account. Leverage for forex asset is 1:300 which is way above the industry-recommended of 1:100. Other assets face leverage of 1:10 with members also qualifying for arbitrage contracts.
There’s an account manager present with weekly portfolio progress and daily market updates. Deposit protection is 20 percent with members automatically becoming ICO Group members. You also have access to all special trading events and 24/7 account monitoring.
Diamond
Forex leverage is 1:500 with the diamond account which is the most exclusive account of the four. Traders must deposit a minimum of $250,000 to get started. The account also welcomes institutional traders.
Leverage for other assets is 1:25 with members qualifying for weekly arbitrage contracts and account manager. There’s a weekly Portfolio progress with deposits enjoying protection of up to 30 percent.
ICO Group Membership is available with members enjoying 24/7 account monitoring. Access to all special trading events is available. The account is best for expert and skilled traders as the leverage is way too high for forex assets.
Also Read: Find out what constitutes becoming the best brokerage and what regulators are looking for.
TradeSafer Registration
The platform operates under the Stewardship of TradeSafer Ltd which is a registered entity. In terms of compliance Trade Safer adheres to trading regulations including segregating member accounts.
There are a handful of payment methods available including bank and wire transfers.
Access Markets Around The Clock
Another way that Trade Safer broker promotes the concept of portfolio diversification is through access to markets around the clock. This offers a major advantage for traders with busy schedules and demanding lifestyles. That’s because it allows them to login at times that are more convenient for them.
As someone who has numerous tasks to attend to during the day, 24-hour markets offer a crucial advantage. It also means that traders can hunt for lucrative opportunities across different markets. Of course, it will require some research on different asset classes, but it’ll be much easier to look for the best market conditions for trades.
Set Up Trading Signals and Indicators
One of the biggest concerns among users is that a potentially lucrative opportunity will go by without them knowing. Let’s say you’re at work and weren’t able to cash in on favorable market conditions. This can happen a lot more often than you think. It’s why Trade Safer trading platform offers trading signals.
Users can automate these signals on the accounts they have according to their own metrics and pre-set market conditions. Then, when the market meets specific conditions, the platform will send a notification to the user. That way, I never have to worry about missing out on a great opportunity. Additionally, there are various indicators that I could apply to my charting tool. These give information on the best time to enter or exit a position.
Use The Latest Trading Tools
Finally, TradeSafer broker offers access to advanced trading tools like pricing charts. These are designed to give detailed information related to an asset’s price action. This is crucial data for a technical analysis, which is based on the assumption that trends repeat themselves.
The charts can be set according to your preferred trading periods, whether it’s 3 hours, 4 hours, or 6 hours, whatever is convenient for your strategy. Then, the chart shows the extent to which the price increased or decreased during that time.
Is TradeSafer Scam or Legit?
I noted a number of great security features while testing the platform for the TradeSafer review. These features, such as the SSL encryption protocol, prove that it’s a legitimate platform. The encryption certificate shows that the platform uses it as a way to protect user data from being intercepted and possibly exploited by cyber criminals. It also complies with Know Your Customer policies, which requires the verification of every user to ensure a safe online environment.
Bottom Line
To conclude my TradeSafer review, here’s a quick recap of the different features I mentioned. The platform offers a number trading pairs and asset classes that traders can add to their portfolios. Moreover, a single account on the platform allows users to access multiple markets around the clock.
There are even trading signals and indicators available so that traders never have to worry about missing out on a lucrative opportunity. To help users design effective strategies, it equips them with the latest tools as well. I’d recommend the TradeSafer trading platform to serious traders looking to diversify their portfolios.
