In this FinexArena review, I will be talking about the top five features of this broker. I was very impressed by the performance and the overall quality of the features that this trading firm offers. When people are new to online trading, they have a hard time choosing between different brokers. At this stage, it is best to listen to the advice of an experienced trader since they will be able to tell you what is good based on their experience. And so, I want to recommend FinexArena to any new trader looking for a suggestion for a brokerage firm that can be good for them.
So, let’s take a look at its top 5 features.
Top 5 Features of FinexArena
When you sign up with FinexArena, you get the option of choosing from a diverse range of professional trading accounts. The firm offers the feature of choosing fixed and loose accounts which just describes the spread rates. Fixed accounts have settled rates that don’t change even if the asset value drops meaning that the trader will only earn from profits. Traders can further choose from four different account types within these two categories. These include the silver, gold, platinum, and diamond accounts.
Advanced Trading Platform
FinexArena offers its traders a platform based on the MetaTrader4 which is one of the best trading platform software. The MT4 offers many advantages to traders such as powerful and modern trade tools that help make smart investment decisions. Furthermore, the platform has a very user-friendly interface which makes it very easy to get used to. Traders can choose to access the platform via the web trader or download apps for it on their smartphones. Both versions of the platform provide high-quality performance, so traders can choose whichever version they prefer.
When traders see the word leverage they get really excited because leverages are a great tool to trade with. Leverage is the support the broker puts into your investments in terms of money. So, you can invest in assets outside your financial range since the broker supports the investment. FinexArena offers leverages as high as 1000. This means that for every $1 that you put in an investment, the trading firm will but in$1,000. However, traders should not use such high leverage rates unless they are sure of the profit because it can be very hard to recover from the loss that it may bring them.
Variety of Assets for Trade
You can trade with over 200 different assets with FinexArena. The assets that this broker supports the trade of include cryptocurrencies, forex, precious metals, commodities, stocks, and indices. You can invest in whichever asset that you want. However, it is important to remember that the markets of some assets are more volatile than others. Therefore, you should make careful investments. New traders should look for firms that support the trade of several different assets instead of just one since it provides them with more investment opportunities. Some other benefits of having access to an array of assets are low-risk trading, exposure to different markets, and a diverse trade portfolio.
FinexArena offers reliable customer support that helps it create a good reputation among traders. When you sign up with a new firm, you will have several questions regarding the tools and other features that it offers. So, you should be able to rely on the broker if you are in such a situation. FinexArena’s customer support department is active 24 hours a day, 5 days a week which is great for traders in different time zones. If you want to submit your queries, you can do so via emails, WhatsApp, Skype, as well as phone calls. You will always get timely replies from the active customer support staff at FinexArena.
FinexArena is a great choice of trading platform for anyone who is looking for a reliable trading firm. Whether you are a new trader or an experienced one, FinexArena will mold itself into what you need. The impressive features and services of the firm make it a great choice for all traders.