Thanks to online trading, more people have started to explore different investment markets from the comfort of their homes. That’s because it provides you with a chance to open and close positions in asset classes without requiring a major upfront investment. But if you want to get ahead and start making impressive gains, it’s important that you have the right abilities and are constantly improving. That’s why traders prefer online brokers that give them more room to enhance their abilities. My CryptoSTADT review will talk about one such option and how it delivers a better experience.
Though traders can choose from numerous platform options out there, the CryptoSTADT broker platform is one of the few that delivers beyond traders’ expectations. I’ll be reviewing its functional features, and how it benefits the overall trading process. Let’s see how this broker matches up.
PS: Here are some of the best regulated brokers the industry has to offer. These brokers have years of experience between them and are highly sort after.
To start off, the CryptoSTADT broker platform gives new users a chance to prepare and test their skills with a demo account. This feature acts as a realistic simulation of the real market, with the exception that traders don’t have to take up real positions and use up their deposits. In this way, they’ll be able to test out the different features without going through an expensive trial-and-error phase.
And once you go through various learning materials, it’s an excellent feature to put your knowledge and skills to the test. So, if you’re testing a theory to see how it prepares a strategy for your trades, the demo account is a good way to test it. You’ll be able to determine whether or not it provides the results you’re looking for.
When you’re a new trader with limited experience, it can be difficult to get started with online trading. Thankfully, it’s easier to do so with the CryptoSTADT trading platform by heading over to the education section. It has a variety of learning materials that are designed to inform users and build their knowledge of different concepts related to trading. From new asset classes like cryptocurrencies to performing technical analysis, it can help you with a lot of difficult trading topics.
Not to mention, there are materials designed to cater to various groups based on skill levels. So, even if you’re an intermediate-level trader looking to improve his skills, there are some resources you can access as well.
To make sure that users can make the most of favourable market conditions, the CryptoSTADT trading platform provides access across different asset classes. The purpose of offering these many options is that it encourages the development of more diverse portfolios. As a result, traders’ portfolios will include more than a single asset class, levelling out their risk levels and allowing them to take advantage of different markets.
Traders can choose from stock options, common foreign exchange pairs, and even crypto trading. By trading in multiple asset markets, traders find it easier to benefit from smaller market changes as they accumulate modest gains.
When you’re ready to access better features like higher leverages, you can upgrade your CryptoSTADT trading platform account. There are different account types to choose from, all of which require a different deposit amount.
There’s a basic account that beginners can sign up with when they just want the essentials. Once you gain more experience, you can get the CryptoSTADT trading platform’s premium account. Although it requires a bigger deposit, it comes with higher leverages and lower spreads. This gives you an opportunity to amplify your gains from effective strategies. Similarly, you’ll be able to pay smaller commissions on each trade.
Note: Want to get help from a professional? How about starting out with some of the best brokers the industry has to offer.
There are 7 trading tiers to choose from with this broker. The seven accounts include Basic, Bronze, Silver, Gold, Platinum, Diamond, and Black account. Let’s take a closer look at each of these accounts;
It’s the most basic account which sets the tone for beginner traders to try. The account comes with an acceptable minimum balance of $250 to $5,000. Members get three trading and educational sessions with a senior analysts.
The second trading account which is also suitable for all classes of traders. There are over 100 trading assets with 3 VIP signals available. The minimum acceptable deposit is $5,001 and the maximum set at $15,000.
Members get unlimited trading and educational sessions with senior analysts while still getting over 5 VIP signals. There are also 5 free withdrawals set for this account.
With the gold account, members get access to over 200+ trading instruments and 5 VIP weekly signals plus 10 free withdrawals. You also get unlimited time with a senior analyst to help you with the ropes.
There’s a minimum deposit of $15,001 required to open this account with the maximum set at $50,000. There are 10 VIP weekly signals and unlimited free withdrawals.
You must deposit a minimum of $500,001 to a maximum of $1million. Members get highest leverage on all assets with a financial advisor also available.
It’s the most exclusive account with investors having to deposit over $1 million to get started. The account also favors institutional clients.
Apart from trading accounts, CryptoSTADT is also offering savings account. These include Crypto savings accounts that investors can use to increase their portfolio.
Other forms of savings include hedge fund savings. All these savings account come with a personal account manager solely responsible in ensuring we get the best out of trading.
Though most of my CryptoSTADT review talks about features that revolve around functionality, the security measures are great too. Aspects like the use of SSL encryption mean that users’ data is kept secure and out of the wrong hands. Meanwhile, verified payment methods mean that users can safely make deposits and withdrawals without any worries. Also, the use of KYC and AML policies means that all new users are verified prior to joining, proving it’s a legit platform.
To reach support directly, you have to first have a live account. It seems the platform hasn’t embraced live chat. And this maybe one of the cons of CryptoSTADT. Each platform should have a dedicated support team.
To summarize the different features I’ve talked about in this CryptoSTADT review, I’ll give a quick recap on what it offers. For starters, there’s the fact that traders can test their skills and upcoming strategies with the demo account feature. Then, it has an entire section for educational and informational materials that users can learn from to enhance their knowledge. The CryptoSTADT broker platform even offers access to various asset classes for more diverse portfolios. Lastly, there’s the option to update trading accounts, which allows you to access better perks and leverages. Needless to say, I’d recommend this broker.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.