OffersFX Review (offersfx.com)
If you are thinking about trading, you must find the right broker first. Of course, as a trader who is looking for a broker for the first time, you want to use all your resources to know as much as possible about the broker. The more information you will collect about the broker the easier it will become for you to take a trading decision. I am here to make your life easier and provide you with information on a broker that will help you become a great trader. That’s my belief, and I think once you know more about this broker, you will be saying the same thing.
Of course, it will be too early for you to make a decision based on a few claim that I have made here, and that’s why I am writing this review. I have collected all the information about this broker only to help you know more about it. I think it is one of the best out there but I want you to know more about it so you can make the same claim. Here’s my review in which I am providing you details on the 10 different features of this brokers that I think are better than most of its competitors. These are the 10 reasons that I think can convince any trader in the world to sign up with this broker.
1. Safe Money Deposit Methods
When you sign up with a broker, the first thing you have to do is pick an account that you think meets your financial requirements. You have to make sure that you pick an account that fits your budget so you can financially afford it. However, no matter which account you pick, you still have to deposit funds in your account. And to do that, you have to use some method that is available to you electronically. So, there are many methods out there that you can use to deposit funds in your account, but I think other brokers are not providing you with those methods.
This broker has brought to you all the great deposit methods that I have not found with other brokers. Don’t take my word for it. You can do your personal research and I am sure most of the brokers you find have only a couple of options for you to deposit funds in your account. With this broker, I was glad that I could choose from so many options. If you don’t know, you will be able to use your credit card or bank wire transfer with this broker to fund your trading account. If you are not comfortable with these methods, you can go with the Skrill and Neteller options. They are quick and allow you to transfer money electronically.
The broker has also made sure that you can deposit funds in your account without incurring any unnecessary charges. While other brokers charge you money for depositing money in your account, this broker has made sure that you don’t have to pay those commissions no matter which account you sign up with.
2. Trade Many Assets
When you sign up with this broker, you will have access to a variety of markets from around the world. You will notice that you have access to hundreds of different assets that you might not get access to when you sign up with other broker. The broker has made sure that you are able to not only access these assets but trade them with ease on its modern trading platform. So, if you are interested in trading currency pairs, you will go for forex trading with this broker. Forex trading will allow you to trade you favorite currencies from any country of the world.
You will be amazed to know that this broker gives you the option to trade not just the major but minor currencies as well. In addition to that, you will be trading stocks with the broker. You can choose the company that you think is performing the best and invest your money in its stocks. Furthermore, the broker has also made commodities available to you. If you go for this category, you will have many different types of assets available at your fingertips for trading. This will allow you to diversify your portfolio right from the earlier years of your trading.
Last but not least, you will also have access to indices. These indices come from many financial markets of the world allowing you to trade all around the world from the same trading platform. When you trade indices, you are trading buckets of assets, in most cases the stocks of the companies.
3. The Trading Platform
Can you do without a great trading platform in today’s trading world? No, you cannot do anything well if you don’t have access to a great trading platform. The broker you are signing up with is going to give you access to one of the best trading platforms in the world. You will love this trading platform for many reasons. First of all, you will not have to go to third parties to get access to the tools and indicators that help you increase the chances of success in your trades. The broker has put all these instruments and indicators right on the trading platform you are using.
In addition to that, you will also love the fact that this trading platform will not take any time in learning. I have seen the trading platforms from many online brokers. If you don’t know, you can use the trading platform with a demo account, which is a free account that allows you to test the trading platform before you go live on it. So, after testing many different trading platforms, I can tell you with confidence that there is not a trading platform that’s as easy to use as the trading platform from OffersFX.
What I love the most about this trading platform is that the broker has made it especially for modern traders. Whether you use a personal computer or a tablet, you will not have any issues in using the trading platform. In fact, you can even use it on your latest smartphone. What makes things even better is that the broker has given you access to the web trader as well. What it means is that you don’t have to look at the size of your device or the operating system you have installed on it because the trading platform will be running in the web and will not require any compatibilities.
4. Risk Management Strategies
There is something you will usually not find with most online brokers. They keep talking about minimizing your risks, but do not allow you to go with any trading strategy that will allow you to reduce your risks. You will be surprised to know that some online brokers will not even allow you to use hedging techniques when you are trading. On the other hand, this broker is providing you with many different ways to reduce the risks that you will be facing when you trade. Of course, when you trade on the trading platform, you risk losing that trade as well. I like the fact that you will not always be disappointed when you lose when you have proper risk management techniques in place.
The broker has given you the option to minimize your losses and maximize your profits when you trade with it. That’s the attitude that I had always expected from online brokers, but I have to say that most brokers have completely ignored this particular feature. However, when you sign up with this broker, you will notice that the broker has provided you with many risk control strategies right on the website. You can minimize your losses when you are trading or maximize your profits by walking away with the profit you have made on your trade.
5. Regulation and Funds Safety
There aren’t many brokers that provide you with these two great news in the same place. When you sign up with online brokers, you notice that they are always trying to give you the best. However, in most cases, if they are giving you one particular great feature, they are lacking in another one. That’s what happens when you sign up with most brokers. However, your experience will be completely different when you sign up with this broker. This broker has taken safety and regulation to new levels.
So, when you sign up with OffersFX, you will be trading with utmost confidence and peace of mind because you know the broker is properly regulated. If you have not already explored the website of the broker, it is properly regulated by Cypress Securities and Exchange Commission. You can sign up with this broker and trust it with your money because you know there is a well-known regulatory authority that is monitoring the broker for its financial services. In addition to that, you will also like that fact that there is a double layer of security.
The broker will put your money in segregated accounts. This will protect your money and give you the peace of mind that the broker you have signed up with is following the strictest standards of trading.
6. Videos and Ebooks
You will find many online brokers that provide you with all the needed training on trading with the help of videos and ebooks. However, you will not find a broker that has completely separated the two things to give you the best of both worlds. So, how will you get the best of both worlds when you sign up with this broker? Well, the broker has given separate sections on its website to both. If you want to learn through ebooks, you will have access to all the ebooks that talk about every single concept related to trading. However, if you want to go with videos, you can learn through videos as well.
You will be surprised to know that the broker has gone the extra mile to bring you something that you don’t get from other brokers. The broker has provided you with not one or two, but many videos through which you can learn a lot of concepts and strategies that will help you trade successfully when you are with this broker or any other broker in the world.
7. Complete Education Center
So, there are two ways you can learn trading with this broker. First of all, you can go with the videos and ebooks mentioned above. You will learn a lot from those books and videos. However, if you want to take your learning to the next level, you will have to go with the education center from the broker. You can get access to the training and education center from the broker when you sign up with one of the accounts. You will like the fact that the broker has again included not only ebooks but videos in its courses.
I think there is a lot for traders to learn from this broker. I have not seen any other broker offering so many different ebooks and videos to help you learn trading. The best thing is that you will learn the way you want. You can learn only the concepts that you want to learn. You don’t have to learn anything that you are not interested in. How will you do that? Well, the broker has put its course materials in different categories. If you want to learn a specific side of trading, you will go for only those ebooks or videos in the course. These in-depth courses will tell you a lot about trading that you will not learn elsewhere on the internet.
8. Proper Customer Support
Again, it should not be, but you will crave great customer support with some brokers. If you have not already noticed, there are many brokers that have already moved to helping their traders with the help of frequently asked questions on their websites. They think that all the questions that traders can ever have in their minds are covered in their FAQs section. However, you know in your heart that that’s not possible. And that’s what you feel when you visit the FAQs of these brokers. Even OffersFX has provided you with a section like that on its website, but it has provided you with other means to get help as well.
You will not find live customer support on the website from most other brokers. They help you only when you contact them. However, with this broker, you will have proper help from a professional from the company as soon as you are on the website of the broker. This help will be given to you in the form of live chat support on the website that’s there for you to help you with everything that you need. Now, you might think that this feature is great, but the broker has not stopped here, and that’s what makes me admire the efforts of OffersFX so much.
This broker has provided you with other channels to help you with your concerns. When you sign up with OffersFX, you will have a phone number and email address available to you to get help from the broker. These details are there on the website so you can get in touch with the broker whenever you want. In fact, it will surprise you that the broker has provided you with many different email addresses. Each email address is for a different department, so you can get help from those who know what they are talking about.
9. The Flawless Trader Accounts
Sometimes, there are online brokers that really amaze me. Why? Well, they provide you with lots of options when it comes to signing up with an account, but they give you nothing special. In some cases, I have noticed that they provide you with a basic account that has so many features that you don’t feel like signing up with any other account. This is a huge flaw if you notice if carefully. So, if you are getting so much with the basic account, why will you ever want to sign up with any other account? So, the traders who are experienced and looking for an advanced account don’t feel anything special when they choose an advanced account.
In other cases, I have noticed that the broker offers you so many different accounts that you are completely confused as to which one you should pick. This situation can be very frustrating because the purpose of having so many different accounts is to make it easy for you to pick one. However, when there are so many choices, you cannot pick one that is most suitable according to your requirements. In other words, this completely defeats the purpose of having many choices. In the end, I have been convinced that the trading accounts from this broker are the best.
I am not saying that because they are according to my requirements. I am saying that because I think you will love their features as well. So, if you look at the most basic account, the first thing that is going to impress you is that you have to deposit just $200 in your account to activate it. There are many other brokers that claim to make the signup process easy but they still require a lot of money from you when you sign up with them. With this broker, I liked the fact that I could sign up with just $200, which is an amount that I think even students can afford.
The second account in the list here is the premium account, and you will be surprised yet again that this account requires you to deposit only $1000 in your account, and you will have access to the financial markets of your choice. The broker is very consistent with its approach and I can see that in so many different features. If you notice in the accounts list, you will find out that you will be dealing with only fixed spreads when you sign up with OffersFX. That’s not something you see very often. When you have fixed spreads, you have certainty in your thoughts and trading decisions.
Now, there are certain things that are common in all the accounts, and you will agree that these facilities should be provided to every trader out there. So, no matter which account you sign up with, you will have access to ebooks, a demo account, and many other ebooks and videos for training. You will even be able to attend webinars from the best experts of the world on trading when you sign up with just the basic account.
10. Margins and Leverages
You can’t really have the feel of trading CFDs until you are given some leverage by the broker. With leverage, you are able to enter huge trades that are usually not possible for new traders because the amount they have in their accounts is very small. That’s not going to be the case when you sign up with this broker. The broker is offering you leverages of 1:30 maximum on certain assets. Of course, this leverage is not available on any asset because some assets can be extremely volatile. At the same time, you will have to admire the fact that the broker has kept its margin requirements very low for you to be able to trade without any unnecessary hindrances.
So, I have put forth the 10 factors, features, and reasons that I think make this broker better than most others out there. Can you find another broker that provides you with everything that I have just mentioned about this one above? I am sure there are some other great brokers in the world, but in my research, which is based on tens of other brokers, I have come to the conclusion that OffersFX understands its traders the best. With that in mind, the broker has created a perfect system where traders can prosper and go from beginners to professionals in no time.