Read our FxCapital360 review and learn why we recommend this broker for online trading. FxCapital360 is a great trading platform that offers features and services that suit traders from different backgrounds.
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If you have made up your mind to start an online trading career then you don’t need to go any further. I have all the information that you need to start a career in online trading because I have been in the business for a while now. When starting something for the first time you don’t know where and how to start. You then do your research and survey so that you know exactly what is required of you. With the experience I have gained over the years I bring to you this FxCapital360 review.
Many trading platforms perform similar functions but in this review I will tell what sets FxCapital360 apart from others.
Freedom and Flexibility – Types of Accounts
The main aim of the trading platform is to give its users the freedom and flexibility when it comes to the account type. It, therefore, offers five different accounts that you can choose according to your own budget and preferences. The Silver account is the basic account that starts with a minimum investment of $10,000 offering a 1:200 leverage and a margin loan of up to 24%. Alongside it provides you with informative material in the form of daily news, weekly market reviews and trading webinars. As you move to the Gold account the minimum amount increases to $25,000 with a margin loan of up to 35%. While the study material is the same there is nonetheless access to 24 hours customer support.
The higher up you go the minimum amount increases and so do the benefits that come with each account. For instance, for a platinum account, the minimum amount is $50,000 with up to 50% margin loan. However, the benefits it comes with are twofold the benefits being offered by Gold account. There is a Diamond account as well which starts at $250,000 and up to 75% margin loan. It has its own unique features in addition to those being offered by the other accounts. The account offers customized education along with daily market signals and in-depth research. It is on the trader to choose which account suits them the most and how up in the trading game are they.
Products to Trade
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FxCapital360 has a very easy procedure to register and create an account from the ones mentioned previously. The information the trading platform asks at registration is very basic like your basic credentials, address, and contact number. Once you have registered and made an account you will have access to a range of products. To start of the four financial instruments open for trade include stocks, currency pairs, indices, and commodities. Given what form of asset is easy for you to trade in you can make your choice. Before you make your selection it is best to know about each one of the assets and to educate yourself on them.
Stocks is one of the most popular forms of investments and therefore, new traders mostly start with this asset. Indices is another popular financial instrument which allows you to trade a group of stocks.
On the platform there is a specific section dedicated to education which tells you more about online trading. There are different indicators that make part of online trading and FxCapital360 has material on its website to educate you on the same. The different indicators vary from spread to LOT to SWAP to turnover. You will find in-depth knowledge on each as you visit the website and it is important that you get used to each one. Without knowledge about them you will not be able to successfully participate in online trading.
The education section also has an economic calendar that gives you a list of events happening in the financial markets.
FxCapital360 is one of the least complicated platforms out there and therefore a safe bet for beginners. The platform is curated in such a way as to cater to experienced traders as well as beginners. You must visit the website if you want to learn more about the online platform before you can narrow down your options.