Trading cryptocurrencies is something a lot of traders from around the world are pursuing these days. They want to change their lives and gain financial freedom. Yes, it is possible to achieve those goals but not without realizing the challenges and risks involved in crypto trading. To minimize your risks and boost your chances of being successful, you have to pick the right online platform. I will help you with that with my The Exchange Bank review.
The purpose of this review is to tell you that there is a platform somewhere that can lend you its services for safe and reliable online crypto trading services. Why do I consider it a safe platform? Why do I think its trading services are reliable? I think I will be in a better position to explain that in my review. So, let’s dive into it right away.
Crypto Trading Accounts for Traders
Do you think it will be difficult for you become a crypto trader because you don’t have a lot of money? What if I told you that you don’t need a lot of money to start your first crypto trading account? You have multiple account types available to choose from and the reason for so many accounts is that new and experienced traders are both interested in this market equally.
Just because you are a basic trader today does not mean you shouldn’t be able to start on a big trading platform. With The Exchange Bank, you can trade side by side with big traders by opening a basic account. The accounts on this platform go from Silver to Corporate. The minimum deposit you will require for the silver account is $10000.
Leverages and Margin Loans
Get the most out of your trading career when you pick this platform through its flexible and trader-friendly trading conditions. You will have the power in your hands to change things around your way. So, if you don’t have a lot of money in your account to pull off a trade, you can get help from the broker. The help comes in the form of leverage, which is a contribution from the broker to lend you some money for entering the trade, opening the position, and closing it. You will be surprised to know that the minimum leverage available to traders is 1:200 on The Exchange Bank.
If you go with the Corporate account, this leverage can be even bigger i.e. 1:400. What makes things even better is that you also get margin loans with each account, going from 25% all the way up to 100%. That’s a feature quite unique to this platform.
Broker’s Exceptional Features, Tools
When granting access to any of its accounts, The Exchange Bank also provides the trader with cutting-edge tools, quality services such as 24/5 customer support and access to expert advisory, account manager, personal training sessions, personal senior broker, online education academy etc. Then there are hosts of groundbreaking tools comprising currency converters, analytical tools, market reviews, trade alerts, stop-loss, take profit, risk management etc.
If we talk about The Exchange Bank’s customer support then it should be taken into account that the broker’s customer support is an award winning aspect of its service. Five days a week, full-fledge support is available to traders. The team isn’t just there to address technical issues but they can also provide you whatever information or assistance you may require for the purposes of crypto trading.
You can access customer support through a phone number and email. The proper address of the company is also on the website for your peace of mind.
It takes a considerable amount of time for a trader to get acquainted with crypto trading, but you have plenty of resources available on this platform to learn the art and then begin. Don’t forget that the company also offers you portfolio monitoring services to help you pick the best assets according to your trading methods and goals.