Wiselux is a broker for trading online through a quality and user friend online trading platform. You can read our Wiselux review today to learn all about them. We have given them a score of 4.4/5. You can visit their website and sign up through the link below to start trading.
Choosing a broker is the most important decision that has to be made by people who want to trade online in the financial markets.
The trading platform used for trade execution, the assets you will be able to trade, the cost and charges you will have to pay and the tools that will be provided, all depend on the company that you will pick for its trading services. Just do a search on Google and you will be overwhelmed by the sheer number of choices that exist. It sounds like a good idea to just pick one from the horde and sign up. Why bother reading Wiselux review?
The financial markets are known for helping people make fortunes, but there are plenty of people who actually lose their fortunes in these markets as well. Why does this happen? Sure, it could be due to lack of skills and knowledge, just bad luck and it could also be because of the poor choices they make.
Indeed, there are a number of such cases out where people failed to benefit from the opportunities in these markets because they didn’t have the right partner. As mentioned above, a broker provides you with the software, the assets and the costs. If they don’t have a good software, the right assets and their costs are high, you will suffer.
At the end of the day, not checking a broker and making the right choice will only harm you and not allow you to achieve the goals you have established. Therefore, unless you want that to happen, it is best to look at the reviews and find out everything possible about the platform you intend to sign up on. How can you do that? Sure, the internet provides a lot of information, but not all of it is reliable and accurate. In that case, you can ask some important things about the company and then consider the answers for making your decision.
This is a very smart approach and can help you in sorting through the choices to picking the best broker for your needs. Wiselux is one option that will be at your disposal and you can ask a few things about them to decide whether they are a solid and reliable company or not. What should you ask? Read on and you will know:
What kind of security do they provide?
For anyone planning to trade online, security becomes front and center because the internet is crawling with cybercriminals. If your personal information or your money falls into the wrong hands, you will be the one who has to deal with the consequences.
Therefore, you want to find a broker that understands the risks and takes steps to mitigate them. Wiselux fits the bill because they have taken security very seriously. Advanced SSL (Secure Socket Layer) encryption is used for protecting all sensitive data and communications. All website traffic is monitored and it is also encrypted for maximum security.
They also provide fund protection through segregated accounts i.e. maintain them separately from the company’s own accounts. This ensures that traders’ deposits cannot be used for any of the broker’s own expenses or obligations and are only used for their trading activities.
Furthermore, the deposits are kept with some of the leading banks in the world to prevent theft. In addition, Wiselux is also using KYC (Know-Your-Customer) and AML (Anti-Money Laundering) procedures, which means all accounts are verified by obtaining proof of ID and proof of address. It reduces chances of financial fraud, money laundering and identity theft.
How is the trading solution?
After ascertaining the security of the broker, if you want to move forward, you should move onto their trading solution. Why? It is the feature you engage with the most because all your trades are executed with it and it provides the tools you need for making decisions. Therefore, it should be one of your top priorities. Wiselux is fully aware of the role a trading platform plays in your overall experience and they have provided an effective solution to help out their clients.
You will find a web trading platform that’s powered by sophisticated technology and designed for both beginners and advanced traders. The cutting-edge technology helps Wiselux in providing 99% trade execution under a second, which is extremely impressive. They have opted for a highly intuitive interface to eliminate any complexities and multiple assets can be traded from the same dashboard. The layout can be fully customized, which is quite appealing and trades can be made in a single click.
As it is web-based, there is no downloading or installation required and that’s also a relief to many. Plus, it gives flexibility because traders can use it on any device. As a matter of fact, the platform has also been mobile optimized by Wiselux, so traders can use it on both Android and iOS devices without a hitch. This enables trading on the move, which means you can always stay updated and not have to miss out on any opportunity in the market. The platform is immensely easy to navigate and innovative trading tools have been added to enhance its performance.
Traders will be able to use technical indicators and a lot of advanced charts. There is event analysis available, along with trading alerts and price indicators. Wiselux has also added support for different order types to help traders in managing their risks and a market calendar is also provided. Other than this platform, traders will also find an ETF platform, which has been specifically designed for Exchange-Traded funds.
Is diversification a possibility?
When you have judged the trading platform good enough, you should check whether your chosen broker allows you to diversify or not. Sure, you do have the option of not choosing to diversify, but it is best to remember that this increases the risk of losses and this is something you want to avoid. With diversification, you can spread out your investment over different financial markets to alleviate some of the risks. Wiselux gives its clients plenty of room to do so because they have more than 200 trading instruments available.
If you check out these instruments, you will come to know that they belong to different global financial markets, which means diversification is very much possible. Wiselux provides its traders with access to some of the best assets, which means you can make high returns, exactly as you want. You can try your luck in the forex market and tap into its high volatility. There are numerous currency pairs like EUR/USD, GBP/USD, USD/CHF and USD/JPY that can be traded. If you want even higher volatility, the cryptocurrency market is the one to go for.
You can trade some of the top crypto options, such as Bitcoin, Litecoin, Bitcoin Cash, Ethereum and more. The traditional markets include the stock market and there are companies like Apple, Google, Facebook, Amazon, Microsoft, PayPal, Netflix, eBay and Aurora to be traded.
Wiselux has also added indices like NASDAQ, FTSE, DAX, CAC and S&P to the mix. Another traditional market choice includes that of commodities and there are plenty of options for earning consistent and stable returns. You can go with precious metals like gold and silver, energies like crude oil and gas and agricultural items like wheat, coffee and soybeans.
Do they offer educational assistance?
Not everyone is an expert when they decide to trade in the financial markets. In fact, this is one of their most appealing factor that they don’t require people to have prior knowledge to jump in. However, if your goal is to survive in the long run and not just depend on your luck, you need to polish your skills and bump up your knowledge. How can you do that? Yes, the internet provides lots of information, but again, not all of it is accurate, up to date and reliable for that matter.
How do you learn? Other avenues are either costly or not easily accessible and this is where you will find Wiselux to be very useful. They have put together a range of educational resources on their platform to help their clients. You can find a glossary that teaches you the meanings of all relevant trading terminologies and jargon. You can find trading courses that provide in-depth knowledge and trading videos that are loaded with info. There are webinars organized by market experts that can offer a ton of data and help you boost your strategies.
Can you expect any support?
One of the most vital things that traders should know about their broker is whether they can expect to receive any support or not. This is important because if you get stuck with a problem or are facing a technical issue and don’t get immediate help, it could contribute to your losses because you might miss out on opportunities or are unable to trade. It could even be a recipe for disaster if the market moves by a huge extent. Not all companies offer the same level of support, so it is best to ask about it.
As far as Wiselux is concerned, you will come to know that they are quite thorough and reliable in their customer support. To satisfy their clients, they are available 24/5 and you can find different channels on their website for reaching out to their team. Visit the Contact Us section on the website and you will find the options you can use.
They have an official email where you can send your query or you can also give them a call on the given number. An online contact form is also available for sending in your question. There is also an FAQ section on the website, providing answers to any common questions or concerns you might have.
When you check all the answers, Wiselux will be able to clear any doubts you might have had and provide you with everything you are after.