Tuesday, 24 August 2021

CFDAdvanced Review – What Makes this Broker Different?



CFDAdvanced Review

Have you been looking at the different online brokers offering their trading services? It is a kind of prerequisite when you want to start trading because they are the ones that essentially give you access. Hence, you have to sign up with one, but it is also imperative that you sign up with the right one. What does this mean? A quick look for a broker will show you that there are hundreds of them that exist, but this doesn’t mean that they are all offering you the same thing. There are obviously some differences, or else there wouldn’t be any point in having so many options.

These differences can exist in various areas, such as the asset index, trading platform, trading conditions, security features, regulatory status, customer support, tools and other resources and services provided. The right broker is one that can offer you the best of everything, so you have a positive and seamless trading experience. You don’t want to have to worry about exposing yourself to cyberattacks, not be able to get assistance when you need, see your trades fail, pay hefty fees and charges or not find the instruments you want to trade.

This can only happen when you have picked out the best brokerage for your trading needs. How can you do that? Rather than wasting your time in identifying the flaws of the different companies that exist in the market, you should focus on what makes one different from the others. It will help you in finding the one that can fit your requirements like the proverbial glove. This tactic comes in handy when you are looking at CFDAdvanced, one of the options you will find. It is operating in more than 50 countries, has received multiple awards and is a legitimate platform. But, there are some others that can also fit the same criteria.

So, what makes CFDAdvanced unique and a good option for you? You can discover the features below:
 

Broker

CFDAdvanced

Website

https://cfdadv.com/

Trading Accounts

Five Account Options; Silver, Gold, Platinum, Diamond and VIP. Expected Managed Accounts also available

Minimum Deposit

10,000

Assets Coverage

Forex, Cryptocurrencies, Stocks, Indices, Commodities and CFDs

Trading Tools

Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts, Market Calendar and Risk Management Tools

Education and Training

Yes; Glossary, e-books, online video courses, webinars, tutorials, market analysis and sessions with experts.

Customer Support

24/6 through email, phone number, online contact form and live chat support

Security Policy

KYC (Know Your Customer) and AML (Anti-Money Laundering) MIFID II (Markets in Financial Instruments Directive

Parent Company

CFD Advanced Ltd

Regulation

Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC)

Monitored by three leading regulators

If you have talked to some experienced traders, there is a strong possibility that they have recommended you to sign up with regulated brokers. These are those that are monitored by a regulatory authority and is subject to rules and regulations. You can find such brokers in the market and they will be regulated by an authority. However, it is quite rare to find one like CFDAdvanced, which falls under the regulation of not one, but three authorities. To add to it, they are the three leading and reputable authorities in the world.

You can check out CFDAdvanced’s registration and licensing and when you do, it will come to your attention that it is registered in Cyprus, United Kingdom and Australia. This automatically brings it under the jurisdiction of the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC). Hence, you don’t need to worry about getting scammed by this company or having to deal with nasty surprises in the form of hidden charges and fees. As per its regulatory status, CFDAdvanced is transparent and forthcoming about its services and fees.

Security of funds and information

With cybersecurity incidents increasing, there is a lot of concern about security amongst internet users, especially those that are putting their money and sensitive information out there. When you decide to sign up with a broker, you are required to do both and this can leave you vulnerable. So, how do you mitigate these risks? You go with a company that takes the right measures and CFDAdvanced follows this route. Since it is regulated by CySEC, this makes it an automatic member of the Investor Compensation Fund (ICF).

This is a kind of insurance for its clients and they will be compensated if the company was to file for bankruptcy or suspend its services. In addition, CFDAdvanced has also followed rules of account segregation, which means all client deposits are kept in separate accounts and with well-reputed financial institutions for ensuring maximum safety. They also use SSL (Secure Socket Layer) certificates for encryption of website traffic and all confidential information.

You will also find that CFDAdvanced is compliant with Know-Your-Customer (KYC) and Anti-Money Laundering (AML) rules, which means there is no possibility of making fake accounts on their platform. All traders who sign up are asked to submit documents for proof of identity and address, which entails a national ID card, passport or driver license for the former and a utility bill or bank statement for the latter. These policies can mitigate the risk of identity theft, money laundering, terrorist financing and even financial fraud of any kind.

Availability of a range of assets

Even beginner traders are quite familiar with the concept of diversification because it is applicable in a lot of areas. As far as trading is concerned, it is inherent with a lot of risks. If the market moves in your favor, you can make it big, but if it goes against you, the consequences are just as drastic. Diversifying allows you to mitigate these risks as much as possible, but to be able to do that, you have to have access to various trading instruments. CFDAdvanced can deliver what you need in this area because they have more than 250 instruments on tap.

The most important thing to know about their offerings is that they belong to some of the most prominent global financial markets and are the most profitable options. This boosts the possibility of maximizing your returns and minimizing your risks. With CFDAdvanced, you can begin with the forex market, known for its impressive daily trading volume. There are major and minor currency pairs that have been added, which include EUR/USD, GBP/USD, AUD/NZD, USD/CHF and EUR/GBP. The stock market is also a renowned option and lets you invest in companies like Facebook, Netflix, eBay, Coca Cola, Volkswagen, Tesla and AstraZeneca.

CFDAdvanced has also added commodities to the mix for people who want consistent and regular returns. Precious metals like gold and silver, agricultural products like wheat, rice and soybeans and energies like natural gas and crude oil can provide these returns. If you prefer more lucrative options, the indices market can also be checked out and there are choices like FTSE 100, NASDAQ 100, Nikkei 225 and DOW JONES available. The most recent addition is that of cryptocurrencies and their volatility can prove to be immensely profitable. Bitcoin, Bitcoin Cash, Cardano and Litecoin are just a handful of choices you will find.

Easy and quick registration

Traders are often intimidated by the registration process of a broker because they don’t know what to expect. There is no standard procedure to be followed here and there have been stories of companies drawing out the process. When you are eager to trade, you would certainly want to avoid all of this and this makes CFDAdvanced a solid option. Their registration process and fast and easy because all it takes is one form and you will be done. They don’t bury you in a lot of paperwork and neither do they have any outlandish requirements that can be frustrating.

As far as the form is concerned, you don’t have to be apprehensive about it either because it only asks for basic details. First name, last name, country and phone number are needed, along with an email address and an account password. This doesn’t take you more than a couple of minutes and the last step is to agree with the terms and conditions outlined by CFDAdvanced. You will be done with registration here.

Access to educational resources

You have been drawn to the trading market due to the prospect of making high returns, but it is vital to remember that you can only achieve this goal if you have the appropriate knowledge and skill. Obviously, no one is born with these, but they can be acquired, as many others before you have done. However, in order to learn and improve, you need access to resources and this is where CFDAdvanced comes in. They save their clients a great deal of time and hassle by providing them access to detailed, extensive and thorough educational resources on their platform.

This means you don’t have to scour the internet for the same and stress about whether the information is up to date or not. CFDAdvanced gives their clients access to these resources in different forms to make it easier for them to learn. They have guides and e-books available, along with tutorials, videos and webinars that can be helpful. In addition, they also have experts who offer one-on-one courses and personal account managers who provide all kinds of guidance to the traders. Not only can you master the basics, but you can also polish your skills and eliminate any mistakes in your trading strategies.

Web and mobile trading solutions

Trading platforms are the feature provided by brokers that help you trade in the financial markets and you need to know what kind of platforms you will have access to. CFDAdvanced has developed their own web trading platform, which needs no downloading and its user-friendly interface means there is no learning curve. The technology is sophisticated, which means trade execution is instant and smooth and you don’t have to worry about lags. There are also plenty of trading tools to be found, such as advanced charts, fundamental and technical analysis tools, a market calendar, trading signals, live quotes and price alerts.

If you are one of those traders who prefer trading on the move, you will find mobile solutions also provided by CFDAdvanced. They have created apps for Android and iOS devices that you can download and trade on the move. It doesn’t matter where you are or what time it is; you can check your account, stay updated on the market movements and open and close positions. The apps also have numerous trading tools and a simple interface that makes them easy to use and just as powerful as the web trading platform.

Robust customer support

It goes without saying that customer support can make or break your experience with any business or company. If they don’t value their clients, they will not bother with support. CFDAdvanced doesn’t fall into this category because they have gone all out where support is concerned. They are aware of the importance of assistance during trading, especially when there are technical issues, and have added a multitude of channels that can be used for getting the answers and solutions you need. This allows traders to opt for the method they are comfortable with.

First, there is an FAQ section providing answers to basic questions. If you need more, you can get in touch with CFDAdvanced’s team through email, or give them a call on one of the several numbers they have provided on their website. All this information is under the Contact Us section on their website, as is an online contact form that can be filled. You can also use live chat support for urgent solutions, if needed. They are available 24/6 and will address your issues right away.

Now that you know what makes CFDAdvanced unique, you can discard all the other options, open your account on the platform and begin reaping the benefits of trading.