Interested in cryptocurrency trading? You are certainly not alone, as the cryptocurrency market has drawn the attention of people all over the globe. The volatile nature of the market makes it even more lucrative for those who are looking to make quick returns. Like other financial markets, you will need the services of an online broker to start and this is where it gets a tad more challenging. The sheer number of brokerages offering crypto trading services can over overwhelming, but how does this Interacinvestor review help?
Once you realize just how many companies are offering their services, it becomes clear quickly that you cannot possibly go through every option. But, what you can do is take a step-by-step look at the offerings of well-known ones to find the broker that can offer you what you need. Interacinvestor is a crypto broker that has garnered a lot of attention and will catch your eye as well, but a step-by-step look is necessary before you make your decision. Let’s get started:
Step 1: Always start with registration
The first thing you do for using a broker’s services is to register on their platform, so it is best to know what their registration requirements are. The fact that Interacinvestor has kept their process simple and quick adds to their appeal because you know you will be able to create an account within a few minutes. You just have to provide first name, last name, email address, password, country, phone number and choose an account currency. You confirm you are 18 or older, agree with their Terms and Conditions and are not a US citizen, the registration process is complete.
Step 2: Check account options
After you have registered, you need to check the account options to see which one is appropriate for you. There are five options that Interacinvestor offers, which ensures that every trader, whether they are a newbie, intermediate trader, or a skilled and advanced trader can find an appropriate one. InteracInvestor STANDARD, Interac +, IntercInvestor GOLD, InteractInvestor EXPERT and Platinum are the options. These accounts offer leverage between 1:100 and 1:600 and the minimum deposit requirements are between $500 and $100,000.
Step 3: Look at the funding methods
As there is a minimum deposit to be made, you should check what funding methods the broker can offer to you and you will find that a combination of traditional and modern choices are available at Interacinvestor for your convenience. You can use bank wire transfers if you prefer the traditional route, or you can use debit and credit cards like Visa and MasterCard. They also give you the option of crypto payments and you can use BTC for making your deposits.
Step 4: Go over the trading instruments
When your account is fully prepared for trading, you would obviously need to decide what to trade and this means looking at the options that Interacinvestor offers. Yes, they are a crypto broker, but the good news is that they have not limited themselves to this space. You will find that they offer a wide range of cryptocurrencies, such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Monero, Dash and more.
But, along with these digital currencies, they have also expanded to other markets. There are more than 200 trading instruments on the Interacinvestor platform and these belong to the stock, indices, forex and commodities market.
Step 5: Don’t forget the trading platform
It is necessary to check the trading platform and Interacinvestor does not disappoint because they have the MetaTrader 5 available, recognized as the best trading solution in the market. You can use the desktop platform, or go with the WebTrader. A mobile trading app is also given for trading from wherever you want.
With this step-by-step look at Interacinvestor, you can determine that it is a good and dependable crypto broker that can offer you all the essentials for your trading process.