One of the biggest trends that have made themselves known in the last decade or so includes online trading. Even though trading is certainly not a new activity, it gained a lot of traction since it shifted online because it made it possible for nearly everyone to take a shot at the endless opportunities it has to offer. Since you don’t need to have any prior experience or even knowledge to trade, anyone can try their luck. Lots of people have accumulated their wealth in the financial markets and you can also do the same. Plus, you can start small and then move up gradually as you get better at it.
If you are wondering how you can do it, then you should know that you need an online broker to help you with this. There are a multitude of these companies to be found nowadays and you can easily find legitimate and trustworthy options. Nonetheless, it is essential to bear in mind that you need to find one that’s the right fit for you. No two traders are the same and what may seem right for one trader may not work out for you. Hence, you need to do your part and look into a brokerage before you go with their services.
One of the many options that you will explore is Genesis11, a company that has been offering its services to global traders from different backgrounds. While it has made a name for itself, you still need to do your research. Let’s get started:
The Asset Index it Provides
To know whether a broker is the right fit for you or not, start with its asset index. What kind of trading instruments does it offer? Genesis11 certainly doesn’t let you down in this regard because they have plenty to offer to you, which include:
- Forex currency pairs like EUR/USD, USD/RUB, USD/JPY, GBP/AUD, and USD/CHF
- Cryptocurrencies like Bitcoin, Litecoin, Ethereum, and Ripple
- Stocks, such as Amazon.com, Apple, Netflix, AT&T, Tesla, Aurora, PayPal, and Facebook
- Commodities like gold, natural gas, silver, and oil
- Indices including Dow Jones, Nasdaq, S&P500, DAX, and FTSE
- Futures, Bonds, and ETFs
With these options, you have the freedom to diversify and find something that suits your risk tolerance.
The Security Protocols it Implements
When it comes to the digital world, security is not to be ignored because it can set you back. You want your information safe, as well as your hard-earned money safe. Thus, you need to know if the broker does a good job of it. Genesis11 keeps your funds safe via account segregation with top financial institutions. This means no discrepancies or misappropriations of any kind. They go with encryption for protecting all sensitive and confidential data. As for preventing identity theft, fraud, and other financial crimes, you get the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies.
The Trading Platform it has Incorporated
To find out whether a broker is the right fit for you or not, you need to know what kind of trading platform it is willing to offer to you. Since Genesis11 has opted to go with the MT4, the highest standard in the world of trading platforms, you don’t need to be concerned about anything. This platform offers you the security, a user-friendly interface, advanced tools, and other features that can make trading a profitable experience. You also get mobile trading apps for Android and iOS devices, which help you trade from wherever you are and whenever you feel like it. For simplicity, a WebTrader is also provided, which offers you advanced tools and allows for cross-device functionality.
Along with these features, Genesis11 is also accommodating with its account options, offering three choices to explore. Their customer support channels are plentiful, so you can reach out to them easily. Also, they are transparent about their fees and conditions, so you will know exactly what you pay, making them a good fit for every trader.