Online trading is not something that was launched last year, or even a few years ago. It has been around for a long time and has continued to flourish and grow, simply because it provides people with a chance to make high profits without having to work themselves into the ground and throwing around a lot of money. Of course, it wouldn’t be possible without brokers that are operating online and their numbers have also grown steadily to keep up with the increasing demand. Today, hundreds of them can be found offering their services and one of these is GlareMarkets.
Of course you have to take seriously the choice of a broker with whom you will work. There are some good and legitimate ones that can be found and it is your job to dig them out. How do you do that? You evaluate the various aspects of a brokerage in order to reach a conclusion. This is exactly what this GlareMarkets review does, so read on to know what to expect:
The Broker’s Security and Privacy Policies
One of the priorities of anyone looking into online trading is the security and privacy they will be provided. The internet doesn’t exactly have a safe environment and this is well-known. It is the responsibility of the broker to ensure that their network and system are strong enough. After all, you have to deposit your money with them and they also keep your personal information.
This also applies to GlareMarkets and you need to do if it is able to deliver good security and privacy. Luckily, they have done a great job in this regard. They have opted to use SSL (Secure Socket Layer) encryption for keeping all sensitive information. They also comply with KYC (Know-Your-Customer) and AML (Anti-Money Laundering) rules to add another layer of security. As far as protecting your funds is concerned, they have opted to maintain segregated accounts that keep your money in separate accounts.
The Broker’s Trading Products
While security is undoubtedly a priority, it shouldn’t be the only one. The trading products that you will be provided by a broker are equally important because your profits will depend on the instruments you trade. It is essential to remember that not all trading products can give you the same kind of returns and you have to keep your goals in mind when looking at the ones available. Therefore, it is best to check out what trading products GlareMarkets is offering before taking things forward.
Evaluating the trading products of this broker will show you that they are a great platform for practicing portfolio diversification. They have given their clients access to some of the best trading products that belong to the leading global financial markets. You can trade currency pairs or use the GlareMarkets platform trading stocks. Indices and commodities are other traditional options and the latest addition that you will find is that of cryptocurrencies. With such options at your disposal, you can create a very diversified portfolio that manages and maximizes your profits.
The Broker’s Account Creating Process
It has now become a norm to have to create an account with a broker before you can start using their services. The process and steps involved can vary from broker to broker, as there is no standard that has to be followed here. Some platforms do tend to complicate or draw out the procedure, and this can just frustrate people, not to mention waste time. You would obviously prefer a simple solution and this is exactly what GlareMarkets has intended to deliver.
You will see it soon enough that they don’t have any such complex requirements and only ask you to fill out a simple form on the GlareMarkets website to create your account. The form asks for details, such as first name, last name, email address, phone number, country, and password. You also have to agree to the Terms & Conditions on their website and confirm you are 18 or above to finish it out. There are no other requirements and you will be signed up.
The Broker’s Account Options
The next step after signing up is to choose an account option and this will also be different for every brokerage. These accounts are usually developed for accommodating different trading styles, skills, and experience, as well as capital. Most platforms offer three to four choices, but here GlareMarkets has distinguished itself by offering a whopping seven account options to their clients. It is highly unlikely that such variety will be available elsewhere.
Basic, Bronze, Silver, Gold, Platinum, Pro and VIP Leverage are the seven account options you will find and their minimum deposit requirements are 250, 3,500, 10,000, 25,000, 50,000, 100,000 and 250,000, respectively. The features that are offered by GlareMarkets in each account are also different, as each account comes with some upgrades. These options have been created for different types of traders, so whether you are a novice with zero experience or a professional with years of experience, you will be able to trade comfortably.
Some of the features that GlareMarkets has integrated with these account options include account manager, insured risk-free trades, bonus, education program, leveraged trading, customer care, and consultations with financial analysts. Along with these accounts, you will also find investment plans that have been developed for assisting clients in achieving their goals. These include Dream Plan, Retirement Plan, and Training for Beginners, Family Plan, and Secondary Income Plan.
Add in top-notch customer support, extensive educational assistance, and a powerful trading platform and you will find GlareMarkets to be a well-rounded broker for everyone.