BCH Advance Review
Read our BCH Advance review and learn why we recommend this broker for online trading. BCH Advance is a great trading platform that offers features and services that suit traders from different backgrounds
BCH Advance Review
If you have kept up with the latest trends in the last couple of decades, then you are aware that online trading is one of the most prominent ones. With the launch of cryptocurrencies, the financial markets have experienced a surge in their popularity because more people are taking an interest and there has also been an influx of traders.
Of course, this means that the demand for brokerages that offer trading services has also gone up. Subsequently, a great many companies have been established, which means you will be swarmed with options if you decide to take an interest in trading.
Nevertheless, it is important to remember that in your haste to join the trading trend, you shouldn’t just sign up with the first company you find. Like any other product or service you use, this one also requires some due diligence on your part and you shouldn’t ignore it.
There are different brokers to be found and they haven’t been created equal, so some are more capable of doing their job than others. You obviously don’t want any compromises, so you should find a comprehensive and optimal trading solution.
BCH Advance can fit this criteria quite well because it was formed by a group of people with a background and experience in forex, technology and finance.
They have added all the necessary elements that are needed for a seamless trading experience and you can go over some of these below:
Availability of trading instruments
It is a well-known fact that trading is inherently risky and the best way for you to mitigate these risks is by diversifying your investment. You can only do this if a broker provides you with access to trading instruments from different markets.
With BCH Advance, this can be accomplished easily because they have over 200 trading instruments available and they are spread across five different financial markets. You can start with the biggest financial market in the world i.e. the forex market, as currency pairs like EUR/USD, EUR/RUB, USD/CHF, USD/JPY, GBP/USD and EUR/GBP can be found.
If you want to get started with the more volatile cryptocurrencies, BCH Advance has added some of the best choices like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple and Monero. The stock market has always been known for its profitability and companies like Apple, Amazon, AT&T, VISA, Aurora, Netflix, Microsoft and Facebook can give you great returns.
If you like trading the big picture, there are indices like FTSE 100, NASDAQ 100, Nikkei 225 and S&P 500 also available. Lastly, you can go with different types of commodities i.e. both soft and hard, for minimizing your risks.
The complexity of trading can depend a great deal on the trading platform you are given and this varies from broker to broker. At BCH Advance, you are provided with a web trading platform, which is a great combination of simplicity and capability.
It doesn’t require any download or installation and is very user-friendly, ensuring that traders will not have to worry about a learning curve. Most importantly, it delivers fast trading execution so you don’t have to worry about missing out on any opportunities. The platform is feature-rich, so you will certainly not be making any compromises in terms of performance.
You will find that the trading platform has a customizable layout, which means every trader can make adjustments and changes as per their preference.
BCH Advance has also integrated latest trading tools to enhance its effectiveness and these include trading indicators, price alerts, technical and fundamental analysis tools, trading signals and the latest financial news. The platform can be used on desktop PCs, laptops as well as mobile devices, offering you plenty of flexibility.
Range of trading plans
You know that no two companies are the same, but it is important to remember that no two traders are the same either. Your skill, budget, risk tolerance and trading style will be different from others and you obviously want to find a broker that allows you to trade comfortably.
In order to accomplish this goal, BCH Advance has developed individual trading plans or account options for traders fitting different categories. They have the Basic account for beginners, which asks for a minimum deposit of €250. If you are an intermediate trader, you can deposit €10,000 and open the Silver account.
Traders who fall in the advanced and skilled trader category will like the Gold account option, which needs a minimum deposit of €25,000. The last choice that’s given by BCH Advance is the Platinum account that needs €100,000 as deposit and this is for seasoned traders.
There is also a VIP account, but this is for professionals and only available on invitation, when you meet a specific criteria. Along with deposit requirements, the trading conditions and the features provided under each account also vary.
Educational resources and support
To provide efficient trading services to their clients, BCH Advance has added a ton of educational resources on their platform that can be used for learning new strategies, staying updated with the latest trends and even mastering the basics.
They have added detailed and in-depth learning material that can prove to be immensely helpful in the long run. Traders can find e-books, attend webinars, watch videos and use a Glossary for learning the jargon. There is also an FAQ section where answers about the broker’s services and procedures are provided.
If you have any further issues when you are using their services, BCH Advance offers you to reach out to their customer support team. They are available 24/5 and can be contacted in a variety of ways.
You can send them an email or fill out the contact form on the website for scheduling a callback. They also have phone numbers that can be used for contacting them, or traders can use the live chat option provided on the website. This ensures that you can find the help you need and when you need it.
With BCH Advance, you will have no trouble in joining the trading trend and profiting from the opportunities.