ETFinance Brings You All of the Best Trading Solutions
Starting somewhere in the early 2009s, the field of cryptocurrencies and fintech has taken the world by a storm. Currently, not only is it a great asset in terms of its tradability but it is also an extremely constructive mode of investment. However, trading in cryptocurrencies has not become as popular as trading in stocks due to the complexities involved in the cryptocurrency regime. Someone just starting their cryptocurrency journey may be unsure as to how to proceed, but with the help of an authentic, legitimate, and licensed cryptocurrency broker, such initial barriers to trading in cryptocurrencies can be easily overcome.
What is a cryptocurrency and who is a cryptocurrency broker?
Cryptocurrency refers to a digital currency that is not regulated by any central authority such as a bank or a government. It is traded virtually through blockchain technology. Such trades usually happen on cryptocurrency exchanges. Cryptocurrency brokers, simply put are brokers that match sellers of cryptocurrency to buyers of cryptocurrency. They may charge a small fee for their services.
Basic information about ETFinance
ETFinance is a registered cryptocurrency broker that is regulated by the Cyprus Securities and Exchange Commission in the country of Cyprus. It was founded in 2018. It allows traders of cryptocurrency to trade in the digital currency by matching relevant buyers and sellers. It is a full rage brokerage and also offers other services such as ETFs, cryptocurrencies, stocks and foreign exchange. Furthermore, its algorithm works in such a manner that a trade that is most suitable to you (in terms of the profit you can earn) is suggested by the system.
- Free From Scams: One of the most important things, if not the most important thing while dealing with a cryptocurrency broker is ensuring that the said broker is free from scams and other fraudulent practices. ETFinance overall seems to be a reputable and authentic brokerage dealing with cryptocurrencies, given that it is regulated by the Cyprus Securities and Exchange Commission, and complies with the requisite GDRP standards, ESMA, and MliFD.
- Offers Substantial Educational Support: As stated previously in the article, one of the aspects that prevent people from engaging in the trade of cryptocurrencies is how complex it seems to be. ETFinance offers educational materials on trading and thereby allows the traders to expand their knowledge base and engage in the more lucrative trade. Furthermore, they also offer other materials such as videos, e-books, and audiobooks that help burgeon your cryptocurrency trading goals.
- You Do Not Have To Be A Cryptocurrency Trade Expert: With an extremely friendly interface and substantial educational material, irrespective of your level of expertise on cryptocurrencies, you will be comfortable engaging with ETFinance.
- Good Customer Support: nothing is more frustrating than a poor customer support team. Perhaps the singularly most important feature that a business can offer to its clients is to provide a robust and active customer support team. With ETFinance’s team, you have someone to address your queries at any given point of time and is, therefore, a great asset. You can contact the customer support team of ETFinance through multiple methods. You can either email them, chat with them, or speak to them. Therefore, depending on the urgency of your query and depending on which mode of communication you are most comfortable with, you can choose the many options.
- Viable across multiple platforms: Whether you prefer to trade on your computer, or you like to keep things simple and access the trading platform through your mobile, ETFinance has you covered. You can also download the relevant application from either Google Play or the App Store to simplify your future trade transactions.
- Wide range of instruments: ETFinance offers a wide spectrum of assets to trade from and a wide market range as well.
- Direct Registration: You can open a secure and direct account on ETFinance by completing the registration process and depositing funds.
- Low Commissions: One of the other best aspects of ETFinanc is that there are no hidden charges or commissions. The spreads are amongst the lowest in the market. This is a significant advantage as most other brokerage firms charge heavy commissions for the services that they offer.
- Types of Accounts: ETFinance offers primarily three types of accounts, starting with a minimum deposit of $250. They are as follows:
- Offers an Islamic Account option: Most brokerage firms do not have this feature. However, for those wishing to trade within the principles of Islamic law, (especially beneficially for those who do not know how to invest in assets within the bounds of Islamic law), ETFinance offers an Islamic account. Therefore, not only can you pace forward on your cryptocurrency journey, but you can also ensure that your religious principles are not compromised while doing so.