In this Group500 review, I will talk about all the reasons why Group500 is better than other brokerage firms. If you are a new trader, you would be worrying about which trading firm to choose. This can be a difficult step and it is something that all traders go through in their early days. The easiest way out of this difficult time is to practice patience and spend time researching different brokers until you find the right fit. There’s no point in rushing into picking one because if you end up with the wrong one, then your trading process will take much more time.
I have been trading online for quite some time now, and, just like you, I was once at that stage. So, to help you get out of this time-consuming stage, I will be recommending a brokerage firm that helped me in my earlier days. This broker is Group500 and I will talk about its features to show why it is such a good broker.
Comparing Group500 Features With Other Brokers
Assets have different volatilities which means that their prices are affected in different circumstances. Due to this, you cannot just depend on one asset to earn you profits. This is why you should be looking for trading firms that offer a wide range of assets. Group500 supports the trade of over 450 assets which include bonds, shares, stocks, forex currency pairs, and commodities such as precious metals. Traders can choose from this wide range of options and build a diverse trade portfolio. With so many options, you will not run out of investment options and opportunities.
Moreover, it also brings you the benefit of practicing low-risk trading where you can invest small amounts of money in different assets to avoid losing money if the price of one asset falls.
Group500 offers a variety of investment plans in the form of account options. Online trading firms provide a variety of these options to accommodate different types of traders. Since all traders come from different backgrounds and have different plans, they cannot all be satisfied with a single investment plan.
Group500 provides five different account options which start from the Silver account. This account is followed by the Gold, Platinum, Signature, and VIP accounts. The Silver account is the basic account option that is perfect for new traders. The initial deposit requirement for these accounts increases as you upgrade the account tiers. What’s important to know is that all of these accounts offer all the features that you may need at a particular stage of your trading career. The signature account is what most experienced traders who sign up with Group500 choose. The VIP account is a special account that you can only create if you have an invitation from the group.
Training & Educational Resources
You cannot jump into a new career without having any background knowledge on it. This is something that most new traders do and get disappointed when they don’t make fast money. You need to spend time getting familiar with different aspects of online trading before you will see good results. Instead of wasting your time by looking for information on the internet, which can also be misleading, you can simply take advantage of the educational resources that Group500 provides.
Group500 makes this task easier for traders by providing its own range of training and educational resources. Users get access to several different forms of learning materials when they sign up with Group500including one-on-one sessions and other options. These resources are a great way to sharpen your trading skills and learn all the necessary information about online trading.
Security of Funds and Information
It is important to ensure that the brokerage firm that you sign up with will protect your information against hackers and malware software. Online trading firms are a hotspot for hackers because of the valuable client data in their systems. When you sign up with a broker you provide a lot of sensitive data to it in order to confirm your identity. This information can be used by criminals to steal your identity and other harmful acts. This is why it is important for trading firms to implement strong security protocols.
Group500 has implemented strong security protocols that make sure that the firm’s system is protected at all times. By applying strong security software such as instant encryption, the firm makes sure that the user’s online activity is untraceable. Furthermore, the broker uses segregated accounts for storing your money. This means that no one has access to your money even if the trading firm’s system is hacked.
The trading platform of the firm is the key feature that you should look into before deciding to sign up with a firm. This is because all of your trade actions will be executed via the trading platform that your broker provides. Group500 offers multiple trading platforms providing the user the choice of trading with whichever option they are most comfortable with.
You can choose from the web trader, MetaTrader4, or mobile application versions of the platform. The web trader is the easiest to handle and use because it is based on the website. This means that you don’t need to download anything to your device. With the other two choices, you may need to upgrade your device and also install them on your device. Despite the differences, all of these platforms have a high-quality performance and provide all the same tools. They are equipped with modern trade tools that you can use to make better investment decisions.
The interface of these platforms is user-friendly and easy to navigate. So, if you are a new trader, you don’t have to worry about not being able to use it properly.
Becoming a successful online trader is a slow process and no one starts earning thousands from the get-go. However, with the right platform, you can start earning those big digits a bit faster. So, if you are looking for a smart solution to online trading, then you should definitely consider signing up with Group500. As this review highlights, this brokerage firm offers many great trading features and services that make online trading a comfortable experience.