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The sense of safety is the most important consideration for anyone who is starting in the trading world for the first time. Just like other new traders, you will feel lost at first because you don’t know how the market works and how you can make profits on your trades. There will be a few missteps, but they must not make you lose your heart in trading. If you keep going in the right direction while keeping your risks at minimum, you can definitely become a successful professional trader in the future. However, you will always need the right broker on your side to make it all possible.
STR Capital can be a great companion as a broker that provides you with some great opportunities to trade and earn profits on those trades. The trading conditions, account types, security protocols, and everything else that should matter to a broker are perfectly in order with this broker. If you are considering signing up, you should read this detailed STR Capital review.
Reviewing STR Capital – Why It Is Such a Great Broker
· Traders’ Security Is Taken Seriously
Read any online review of a broker and you will realize that security is the most important and discussed factor. When you sign up with an online broker, you put your trust in it. You agree to provide your personal information on the website of the broker and deposit money in your trading account. Your money and information are the two most important assets you have in today’s world. It won’t be wrong to say that your information is more important than your money these days. STR Capital has done everything to ensure your peace of mind in this department.
First of all, you can rest assured that the website of the broker has all the important features to protect your information from being stolen. When you sign up with the broker, you will have to provide some sensitive personal and banking information. All of that information gets encrypted as soon as you enter it on the website. In addition to that, the broker ensures that your money goes into segregated accounts. These accounts are only for storing the money deposited by traders. This way, your money is always safe even if a mishap causes the broker’s accounts to be frozen.
Last but not least, you will notice that the broker emphasizes its anti-money laundering and KYC policies on the website. The KCY policies are there to ensure that every trader provides ample information on the website to identify themselves. This helps the broker identify anyone who is trying to impersonate you using your stolen information. At the same time, the anti-money laundering policies protect the platform from being used by people who are involved in the illegal activity of laundering money. At the end, you know that you are signing up with a great broker that cares about its traders.
· Traders Get Many Assets to Trade
One of the most important parts of our STR Capital review is talking about assets. It really does not feel nice when you spend your money to sign up with a broker and are fully ready to take the risks to make money and realize that the asset index is not worth all your efforts. When you think about signing up with an online broker, you must look into this piece of information. The broker you sign up with should have an expansive asset index in place. It should allow you to pick from a variety of options so you can always trade the assets that fit your trading style. You will be glad to see the asset index offered by STR Capital. It is one of the best you can enjoy as a trader when you sign up with an online broker.
From the same trading platform, the broker is allowing you enter many financial markets. If you are into trading currency pairs in the foreign exchange market, you will get plenty of options with this broker. In addition to that, you have indices, which allow you to trade many different stocks at the same time without requiring you to trade them separately. You can also trade many commodities with this broker. In these commodities, you will be able to get your hands on precious metals, produce, energies, and much more. You have to know that the broker is providing you with a platform for CFD trading.
If you are new to trading, you should first familiarize yourself with the concept of CFD trading and then enter trades. In this type of trading, you will trade contracts that will reflect the value of the asset that you are interested in trading. You will trade the contract just like you trade any other asset in a particular financial market. The only difference is that you will be able to trade it without owning the asset. Yes, when you trade CFDs, you do not own the asset. And that’s what gives you a lot of benefits as a trader in the CFD trading market.
· Account Types for Different Trader Types
You might not have thought about it yet, but you will run into this particular problem as soon as you are fully ready to sign up with an online broker. When you are a new trader, you want to take only small risks. Even if you trust the broker with all your heart, you don’t want to put too much money in your account. In other scenarios, you are on a budget so you can’t deposit a lot of money in the first place. The broker can provide you with a solution by giving you many choices with lots of different account types.
However, you have to keep in mind that these accounts are not there for the sake of being there. They have been designed with traders’ requirements in minds. So, you will notice that each account suits and appeals to a particular group of traders. If you are thinking about signing up with STR Capital, you will find a total of six different account types, each meant to entertain a different group of traders. So, if you are a beginner on a budget, you should go with the most basic account, which the broker has called the basic account too. You can start this account by depositing only 500 EUR in your account.
If you have a little more money than that, you should go with the silver account. The minimum deposit required to open this account is 10,000 EUR. The initial deposit requirement continues to increase as you move on further in the account tiers. You will be surprised to find out that STR Capital is one of the very few online brokers that offer welcome bonuses to their traders. If you sign up with the most basic account, you will get a bonus of 10% on your first deposit. You can get up to a 100% bonus on your initial deposit if you choose the most advanced account, called the Millioner account.
· Trading Conditions Create Opportunities
You will always have a hard time finding an online broker that has some great and flexible trading conditions. No matter how big they claim they are, you will notice that their trading conditions are not always friendly or their traders. In many cases, you will be bombarded with so many hidden charges that you will never want to return to trading ever again. At the same time, some brokers require you to pay a lot of money when depositing and withdrawing your money. What’s worst is when even the trading conditions are not good enough to allow you to make money.
With STR Capital, you will notice that you have all the opportunities in the world to make money on your trades. First of all, you have trading alerts included in every account type. So, whether you are trading for the first time or thousandth time in your life, you will get all the trading alerts that are important to know when and which asset you should invest your money in. In addition to that, the broker has provided you with some limited trading signals as well even if you open a basic account. With most online brokers, you don’t get access to any trading signals if you go with the basic account.
Trading signals tell you whether you should buy a particular asset or sell it. They are used by even the most experienced traders in the market, so you should not overlook their importance either. You have some great insurance levels included in the accounts as well. If you go with silver and gold accounts, you can enjoy up to 20% and 30% insurance level. The best thing is that you will have an account manager to help you with your account as soon as you sign up with this broker. In short, the broker will not leave you alone even if you are trading for the first time.
· A Trading Platform That Does It All
You have online brokers telling you all sorts of stuff about their trading platforms. They like to brag about creating mobile applications for mobile users and desktop software for desktop users. However, what you miss in these details is that having separate applications for trading is not the best decision to make. There are quite a few drawbacks associated with having multiple trading platforms even if they are available on different devices. First of all, you will not have a uniform trading experience. As you switch your device, you will see a switch in the type of software as well.
The trading platform you use on your smartphone will look completely different from the platform on your desktop computer. In other words, you might have to learn the software again to trade on your smartphone if you have always used your desktop computer for trading. At the same time, these downloadable software applications always have compatibility issues. For example, if you download the software on your smartphone, you might not be able to run it only because the software is not for your phone. So, you have to check whether the trading platform you are about to use is going to work with your devices and fit your lifestyle.
STR Capital has completely gotten rid of these problems with a web based trading platform. Yes, you will be using a web-based trading platform that is available to you from anywhere in the world and on any device you want. It does not matter whether you own a desktop computer or like to trade on your smartphone because you will be able to use the trading platform on any of these devices without any hassles. You will not face any compatibility issues. Compatibility issues are a thing with downloadable softwares.
You will never run into compatibility issues if you are using a software that runs on the web. So, to access the trading platform form this broker, you will have to go on the website of the broker and use the trading platform through your browser.
· Customer Support You Can Admire
It hurts us to say that many online brokers try to run away from their traders when it comes to helping them in the hour of need. You will notice that they only have an FAQs section on the website to help traders with their questions. However, such methods have never proved to be useful. People want to talk to humans when they are in need of help. Keeping that in mind, the broker has provided an email address and a phone number on the website. You can contact the company through any of these channels and you will receive a reply from real humans.
STR Capital might not be the best online broker out there. However, it is definitely doing a lot of things right that will make it one of the best in the coming days. It provides it traders with lots of bonuses, trading flexibilities, and leverages that are not available with other brokers. In simple words, it has made trading easy for its traders and that’s why they are flocking to its trading platform. If you have made up your mind to start a trading career, you should check this option out too.