Read our OmikoTrade review and learn why we recommend this broker for online trading. OmikoTrade is a great trading platform that offers features and services that suit traders from different backgrounds.
There was a time when I desperately felt the need to do more because my income resources weren’t good enough for meeting monthly expenditures. I was fortunate that one of my friends advised me to engage in online trading and here I am having a credible source of income generation which is even better even beyond my imagination. I would like to guide others and introduce them to an impeccable online trading platform with this OmikoTrade review.
This online trading platform offered me the chance to become the trader I had wished for. So in this review, I will elaborate on some of the features and offerings of OmikoTrade with the help of which you too can find your own destiny.
Exposure Into 5 Unique Accounts For Trading
With my broker anyone can initiate trading as soon as the person is able to join the platform by first choosing a trading account out of 5 options. By having this many account types the broker has in fact shown that it is capable of facilitating all types of traders irrespective of their experiences or zero experience at all. Within each account, the trader would have access to basic as well as smart features. For instance, one of the smartest common features one can find in each of the account is the feature pertaining to availability of account manager.
Other great features that can help a basic account holder are firstly allowing exposure into trading of international markets pertaining to asset classes of stocks, cryptocurrencies, commodities, indices etc. Then weekly market reviews and news feed on daily basis is provided along with the weekly portfolio progress reports.
It may be worth noting that as the trading accounts progresses upward from Silver to Gold, Platinum to Diamond till the Corporate Account, the features, resources and tools comprised therein get bigger and better.
Account Opening Method
The broker has incorporated a very basic account opening process. The process entails two-step process. In the first step, the person opening the account will be asked to provide basic information such as full name, address, email id, contact details, bank account number, credit/debit card information etc. In the second step, by depositing $10k, the trader can avail access to Basic Account offered by the broker. Once the account has been set up, you will have full control of the account and can access all the features, tools and resources provided therein. From here you can initiate your trading journey particularly in the asset classes of your choice.
Similarly, account opening will let you utilize one of the most powerful platforms in the field of online trading. In case you wish to utilize even more tools, features, and resources, you can choose an account other than basic. However, you should be aware of the fact that initial deposit requirement gets bigger and bigger as the accounts progress towards the last one i.e. Corporate Account.
Considering the initial deposit requirement, I decided to begin my trading journey with this broker with the basic account which required me to deposit $10,000. Once I felt that the time was right for me to extend my trading exposure, I moved on to the next level of account, which I believe is the perfect strategy.
Huge Line of Trading Instruments
Risk is an essential component of trading which you can’t remove by might or will. However, it is through experience that this element of risk can be mitigated. One way of mitigating the risk is to seek out a platform where the trader can explore wide range of assets. With this broker also, you can actually trade in thousands of assets which belong to dynamic asset classes, including stocks, cryptocurrencies, indices, commodities. In this manner while mitigating the risks, a trader can also explore the opportunity of diversifying his/her trading portfolio.
Based upon my personal experience, I can say with confidence that OmikoTrade is a platform for all types of traders. With it, you can work on a powerful trading platform and enjoy hosts of trading instruments, features, tools and resources.