One of the first tasks in a new trader’s life is finding the right broker. One that is well established, reliable and innovative, while not being overly technological to the point where customer service is comprised solely of robots. In the past 12 years, there has been a lot of movement in the field, people swinging back and forth, unsure of who they can trust with their hard earned money. There are a few key points a trader needs to remember when choosing a broker:
- Regulation matters: it’s actually a crucial factor when choosing a broker.
- Global presence shows a great deal about a company’s status and longevity.
- Good platforms that work are an integral part of choosing the right broker.
This is where AvaTrade comes in. As the years roll by, the industry has come to learn that this broker answers all of its trading needs, while being regulated, established and innovative. Unlike other brokers, AvaTrade is an established financial company that has been around for over a decade, with a global office presence. It has a regulatory licence across six jurisdictions and is in the process of expanding even further. One of the features that makes AvaTrade unique in today’s landscape is its partnership with Friedberg Direct. This collaboration was born out of demand from Canadian clients to engage in forex with one of the most regulated brokers on the market.
AvaTrade provides a wealth of trading instruments, such as forex pairs, cryptocurrencies, commodities, indices, stocks, bonds, and ETFs. In addition to that, AvaTrade is one of the few companies that offers vanilla options.
Security plays an important role in AvaTrade, as clients’ funds are held in segregated accounts. In addition to that, the company protects its clients and makes sure a trader’s account never goes below zero, through the help of negative balance protection. And as if that is not enough, it also provides an outstanding, multi-lingual customer service and support, along with a dedicated account manager who caters to clients trading needs.
And this year, like in previous years, AvaTrade has
been awarded ‘Best Broker & Best Affiliate Programme’ by The European.
Last year, the company became an official global partner of Manchester City FC, providing traders, who are also football fans, the opportunity to enjoy both worlds with give-aways, competitions and much more.
In the end, choosing the right broker is the first and most important step in a trader’s life, one that shouldn’t be taken lightly. And if you chose the wrong one, you can always change your mind.