One of the forex and CFD brokerages offerings its services in the market is TradeDays, which is offering its services to global traders. Even though the company has not been around for very long, you will discover that it appears to have developed a loyal customer base, which includes of beginner as well as expert traders. This is primarily because it has put together an intriguing package that comprises of all the features a trader could possibly need in order to explore the financial markets. However, you need to check each feature thoroughly before you open an account and this TradeDays review can help you in this regard.
It provides you with a step-by-step look at the offerings at TradeDays and this can help you see if the brokerage can meet your requirements or not. Let’s get started:
Step 1: Start with their registration
As you will be asked to register with a broker in order to use their services, you should know what their requirements are. Some platforms have time consuming and extensive steps and procedures, which can become annoying very quickly. You will be pleased to discover that TradeDays does not seem to have any such complex procedures or steps for you to complete.
Their registration process is quite straightforward, only requiring you to fill out a form on the TradeDays website, which does not take more than five minutes. The form does not ask for any extensive information that might make you uncomfortable and only sticks to the basics. You have to accept their Terms and Conditions and can sign up, as long as you are 18 or older.
Step 2: Check their trading instruments
After you have registered with the broker, you should check what trading instruments they offer to ensure they are what you want to trade. There are hundreds of trading instruments available at TradeDays and you will find that they belong to different financial markets. Instead of focusing on one, they have decided to offer their clients the top choices from each market.
You can choose trading instruments from the forex, indices, stocks, commodities and cryptocurrencies market on TradeDays and this can help you in creating a diversified trading portfolio. You will be able to keep your trading risks low and boost your profits.
Step 3: Look at the trading platform
You need to know what kind of trading platform is provided because it can have a direct impact on your performance. It is good to know that TradeDays has developed a web platform for its clients that is accessible via the browser, thereby eliminating the need to download it. You can use it on any device that supports a browser, be it your PC, laptop or mobile devices.
The user-friendly interface allows everyone to use it without any problems and the sophisticated technology ensures superior trade execution. You will come to know that some of the top trading tools have also been integrated by TradeDays to the platform for helping you make smart decisions. You can use an economic calendar, price alerts, trading signals, numerous indicators, risk management tools like order types and multiple charting tools during the trading process.
Step 4: Go over the payment methods
As you will be required to make deposits and withdrawals during the trading process, checking payment methods is also necessary and TradeDays does not disappoint. They offer you a combination of modern and traditional payment methods that can speed up the process considerably and offer you the convenience you seek. You can use your debit and credit cards, such as VISA and MasterCard, if you prefer, or online payment options like Neteller that can be very quick. Bank wire transfers are also supported on the platform for those who prefer conventional options.
Closing Thoughts
This step-by-step look at TradeDays shows that the brokerage is indeed a comprehensive package for anyone who wants to explore the various opportunities the financial markets offer.