The Forex College has made an assessment of Firmon for you today and we have concluded in our Firmon review that it is indeed a recommended broker. You can understand why in this review. You can sign up with Firmon trading platform in the link below or continue reading to learn all you need to know.
The first step to begin online trading is finding a broker and in this age of the internet, this should be fairly easy. After all, you just need to run a search on Google to find pretty much anything within a couple of minutes. Sure, you can do the same when you are looking for a trading solution, but it becomes apparent that there is a huge number of platforms that exist. You will come across multiple companies that are offering their trading services and your confusion will only increase, as you go through the options.
Of course, every platform appears to be the perfect one, but it is imperative that you remember how easy it is to make a website these days and make tall promises. Fulfilling them is a completely different ballgame and many fall short of it. In fact, some of these companies are not just shady; they are downright scammers that are looking to take advantage and you need to proceed cautiously. It is better to know everything about a broker before you opt to use their services. You can do it through this Firmon review, as it will provide insight into what this brokerage has to offer to you.
Founded by Grey Matter Ltd., Firmon is operating from St. Vincent and the Grenadines and has developed a strong reputation. You can check out the review below to know everything about it:
The Asset Index at Firmon
The first and most important thing to know about any broker is their asset index. Just because you want to trade in the financial markets doesn’t mean that you should be ready to settle for any instrument. Your goal is to earn maximum returns and that will only happen if you have access to the most profitable instruments in the financial markets. This is exactly what Firmon aims to deliver, as they have an extensive asset index to offer to you. It comprises of the most popular instruments from the leading financial markets in the world.
In this way, you will be able to implement the strategy of diversification, which allows you to make maximum profits, while reducing your risks. You can opt to invest in the foreign currency market and trade currency pairs, such as EUR/USD, USD/JPY, GBP/USD, AUD/CAD and USD/CHF. The cryptocurrency market is another one that you can access on Firmon and they have added the hottest cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin. You can try out your luck in the stock market by investing in companies like Apple, Facebook, AT&T, Boeing and more. Indices like Nasdaq 100, FTSE 100 and Dow Jones are also available, as are commodities, including precious metals and energies.
The Registration Process at Firmon
It is also a good thing to know what will be expected of you when you want to register with a broker. This way, you can be prepared and complete the process quickly. The good news is that Firmon has a rather simple procedure and doesn’t have any extensive requirements that will take a lot of time. You don’t have to worry about any such paperwork because there is only one form that you have to fill out on their website. There is a Sign Up button on the top right and it opens up the form.
There are only basic details that Firmon has asked for, which include your first name, last name, phone number, home address, account currency (multiple are available) and an email address and a password. The last step is to agree to the Terms & Conditions of the company that are easily available on their website. As soon as you are finished, you will be registered right away and can start your trading journey.
The Account Options at Firmon
When you are done with registration, the next step is to choose an account option in order to begin. Like most other brokers in the market, you will find that Firmon has also added several account options because they understand that everyone has a different trading style, risk tolerance and capital. There are a total of five options available and each has varying levels of minimum and maximum deposit requirements and features. The choices start with the Explorer account, which you can open with a deposit of $3,000 and take it as high as $5,000.
The next account is Basic, which requires minimum $10,000 and maximum $25,000. The Silver account is the third option and this has a requirement of $50,000. Then comes the Gold account and traders have to have at least $100,000 for this account and as much as $250,000. The Platinum account is last and it needs a minimum and maximum deposit of $250,000 and $500,000. The features that are available in these accounts include 24/7 customer support, cross-platform trading, a personal analyst, weekly market reviews, private sessions with the analyst, financial research, money management plan and protected trades.
The Customer Assistance at Firmon
One of the most important aspects of any business is customer assistance and it is even more vital in trading, where even slight issues can be disastrous. To ensure its clients don’t have to face any inconvenience, different channels of customer assistance have been added by Firmon and they can be found on their website. You just need to visit the Contact Us section on their website and you will be able to find an email address and a phone number. If you prefer to schedule a callback at your convenience, you can fill out the contact form provided.
Furthermore, you can also find a live chat option on the Firmon website that you can use to contact their agents right away. As customer assistance is available 24/7, you will get a response quickly. There is also an FAQ section on their website, where they have given answers to common problems, so you can take advantage of that as well.
You will also find that Firmon offers plenty of educational resources, top-notch security and a strong trading platform, making it a good package for every trader.