Getting security and trading flexibility in one place is probably a dream for many experienced traders. Now, if you are a new trader, you should aim for the same goals. You want an online broker that offers you both of these things in the same place. I know it is a bit of a challenge to find a company this great, but I have done the hard work on your behalf. You will know in this ATP Markets review about the company that I think combines these two elements perfectly in one place.
While there are a lot of other things to explore about this broker, I would let you do that by visiting its website. In this ATP Markets review I will only focus talking about flexibility of trading and security for traders.
Protection of Your Data
So, you know that when you sign up with a proper and registered online broker, you will have to give out your personal and banking details in adherence to the KYC and AML policies. You will have to do the same when you open your trading account with ATP Markets. However, you can rest assured that this company has all the protocols in place to protect your data. Firstly, it ensures 256-bit encryption of your data so that it travels safely on the internet lines. Secondly, it saves your data on secured servers in such a way that even its employees can’t reach it without authorization.
Another important thing is that there is a very low chance of you losing access to your trading account. How so you may ask? Well, the company has implemented 2FA Authentication every time you sign into your trading account for an added layer of security.
Spreads and Leverages Flexibility
Now, I am going to focus on the flexibility you will get in terms of spreads and leverages. Of course, whenever you trade on an online trading platform, you have to give a small fee for your trades. This fee is usually in the form of a spread, which is the difference between the buying and the selling price of an asset. You will be paying the spread on this platform too. However, what you are going to really admire is that the spreads are quite tight. In fact, as you go higher on the ladder of trading accounts, these spreads become even tighter, giving you the opportunity take home most of the profits you make on your trades.
Now, when it comes to leverages, there is even more good news for you. The company has leverages varying in different account types. However, the leverage of 1:100 with the standard account is already more than what you get with other brokers. The highest you can go in terms of leveraging your trades with this broker is 1:400. You can avail that much leverage on your trades when you sign up with the Pro account.
Flexibility in Banking Process
What is the banking process? Well, once you sign up with the company you have to keep depositing and withdrawing your funds. That’s what’s called banking. What type of flexibility can you get in this area? Firstly, there are no fees and service charges from the company for depositing funds in your account or withdrawing them. Furthermore, you can use many methods to fund your account or withdraw your profits. In addition to bank wire transfer and credit/debit card option, you can also use your crypto wallet to make transfers. This means you can transfer money using cryptocurrencies as well.
Final Thoughts
These features are some of the most important ones that most experienced traders look for before they sign up with an online broker. I think you should also pay attention to the same things rather than focusing too much on marketing gimmicks and other attractions. Once you have these things in place, you can not only dream of becoming a great trader but also see yourself become one quite fast.