There is nothing more important for a trader than choosing the right broker and signing up with it. Your trading career relies heavily on the type of broker you choose. There are brokers that have loose spreads and extremely suffocating trading conditions. On the other hand, you have brokers like BubbleXT that let you trade with freedom through their amazing features. What makes BubbleXT an amazing broker and why you should be lauding the efforts it has put in creating a perfect trading system? Read this BubbleXT review to know that.
Every Admirable BubbleXT Feature
A Trader Oriented Approach
No matter how much time you spend researching, you will have a hard time finding a broker that cares solely about you, the trader. In most cases, you have brokers that charge you a lot of commissions on your trades. In addition to that, they will introduce hidden fees and charges right when you are about to withdraw money from your account. On the other hand, you have a broker like BubbleXT that lets trade without making you pay for things you don’t need or want. You will not be paying any unnecessary commissions on your trades when you sign up with BubbleXT.
Moreover, you will not have to pay any commissions or hidden charges when you withdraw money from your account. This makes things quite friendly for traders, especially new traders who want things to be easy and straightforward.
The Security of Funds
When you sign up with a broker, the first thing you have to do is to open a trading account. In order for you to activate this account and trade in the financial market, you have to deposit an initial amount in your account. Of course, as you continue to trade, you have to keep depositing funds in the account. Now, since you are putting your money at risk with the broker, you want to make sure that your funds are safe. The broker has to secure your funds in some way. As of now, the best way for a broker to protect your funds is by putting them in segregated accounts.
In the online financial world, a broker has to put the money of its traders in segregated accounts to keep them safe even in the worst case scenario. For example, your money will still be available to you if the broker gets investigated by a regulatory authority at some point and the accounts of the broker are frozen in the process.
SSL protocols are there for a website to ensure that any information that a user provides on the website is protected. The protection is done through encryption, which means the information provided gets converted into symbols, numbers, and characters that are unbreakable for someone who has not been authorized to access the information. If you have signed up with the broker, you will see that the website has proper SSL certificates installed on it. At the same time, if the broker does not have the SSL certificates in place, you can be sure that your information is not safe in any way.
You should have peace of mind when you sign up with BubbleXT because very piece of information that you provide on the website is protected through encryption. This type of protection is extremely important because you will be providing a lot of personal and sensitive information to the broker when you sign up. First of all, you will have to provide your personal identification information. At the same time, you will have to submit your banking information to the broker for depositing and withdrawing funds from your account. To protect all the sensitive information, your broker should have proper encryption in place.
Algorithmic trading is a new form of trading in which you don’t have to trade manually like you have been trading since forever. Algorithmic trading allows you to set filters and commands on the trading software to put it in autopilot mode. This mode allows the trading platform to trade on your behalf. Once you have set the parameters of your trades, the trading platform continues to trade for you even when you are sleeping. This might not look safe, but you can set stop loss and limit loss features with the automated mode, which means you will not have to incur indefinite losses.
You will not find this particular feature from most online brokers. Despite the fact that they claim to be advanced brokers for advanced traders, they don’t have this amazing automation feature on their trading platforms. If you have a busy schedule and you can’t find time to trade manually, you should definitely consider signing up with BubbleXT and enjoy the algorithmic trading feature from the broker.
A Trading Platform for Every Device
You have to admire the efforts that this broker has put into making its trading platform easy and convenient for you. In the past, you had to be on your computer to trade because the trading softwares in the past could not be used on any other device. Today, you have more smartphone users in the world than ever. Of course, if you have a smartphone and you want to trade on the go, you would want your trading platform to be available on your device. That’s where a trading platform like the one being provided by BubbleXT matters.
An important thing to know here is that the broker has provided you with a web based trading platform. A web based trading platform is just like a website running on your browser. If you want to use the trading platform, you just have to open the website of the broker and you are all set. You don’t require any downloads to use this type of software for trading. In addition to that, you can use it on any device that you own. You have the same trading platform available on your smartphone, tablet, laptop, and desktop computer.
The biggest advantage of this type of trading platform is that you will have a uniform trading experience. Yes, the downloadable trading platforms are great since you can use them on all your device. However, the problem with them is that they can look and feel different on different devices. As a result, you might not have the same experience of using the trading platform when you switch from your desktop computer to smartphone or vice versa. Also, you can use this trading platform regardless of the operating system on the device, allowing you to trade from anywhere in the world with any device of your choice.
A Variety of Assets in Many Financial Markets
When you sign up with an online broker, you have to make sure that you have many different types of assets available for trading. As a new trader, you want a lot of options so you can finally find an asset that matches your trading style and allows you to minimize your risks. On the other hand, if you are an experienced trader, you want some diversification in your portfolio. Diversification allows you to distribute your risk across many assets, minimizing your risk in an ingenious way. If you trade only one asset, you have all your eggs in the same basket, and when this asset goes down, you lose everything that you have invested.
So, when you sign up with BubbleXT, you will be glad to see that there are many different types of assets available for you to trade. More importantly, you can trade them all from the same trading platform. You have some huge leverages available on these assets, which might vary when you go from one asset to another. You can trade indices with this broker, which means you can invest in many different stocks at the same time without picking them separately. However, if you want more control over your stock trading, you can go for separate stocks from a variety of financial markets.
The best thing is that you have exotic, minor, and major currency pairs that you can trade as part of online forex trading with this broker. You don’t have to limit yourself to trading only the dollar-containing pairs when you are with BubbleXT. The minor and exotic currency pairs allow you to trade the currencies of some under-developed and developing countries. What you are going to love the most about this broker is that you have cryptocurrencies in your reach when you sign up with it. It does not matter which account you sign up with because you will have access to all the assets with all the accounts from the broker.
Trading Accounts for Experienced and New Traders
You will be happy to see the way the broker has designed the trading accounts. BubbleXT has catered to the needs of every single type of trader that signs up on its trading platform. So, if you are someone who has been trading for many years, you are going to love the Platinum and Signature accounts. However, if you are trading for the first time, you can go with the most basic type of account, which is the silver account this particular case. Now, you will notice that the broker requires you to spend at least $10,000 before you can sign up with the basic account.
Why does the broker require this amount? Well, there are many brokers that attract new traders by making the initial deposit an attraction. There is nothing wrong with a small initial deposit, but you have quite a few scammers using this particular strategy to make more and more traders from around the world sign up on their trading platforms. At the same time, you might not realize but depositing only a few hundred dollars in your account will not help you much. The profits on your trades will be so small that it will take years before you can achieve the financial goals you have set and associated with your trading career.
The most amazing thing that BubbleXT has done is that it has made trading signals available to even the basic traders. What’s so good about trading signals? Trading signals tell you whether you should take a long or short position on a particular asset. Of course, it is not a 100% accurate estimate but it definitely increases your chances of trading successfully because the trading signal has been generated through the use of many analytical methods and tools. Not to mention the experts and genius minds that put their efforts in generating the trading signals for other traders.
So, even if you sign up with the most basic account, you will still be receiving 2 trading signals every month. That might not look like a lot, but when you look at the fact that other brokers charge you for this service, it seems pretty reasonable.
The Amazing Customer Support
The customer support you receive from this broker is on an entirely new level. Even the best brokers on the internet provide you with 24/5 customer support, which means the customer support is not available to help you during weekends. However, when you sign up with this broker, you can call the broker any time you want on any day of the week because the customer service is available to you 24/7. You can contact the broker through email if you are not in a hurry to receive an answer. However, if you want to get help instantly, you can use the phone number given on the website.
After reading all the features from this broker, you probably have a good idea why BubbleXT is one of the top brokers these days and lauded so much by its traders. The web based trading platform provides you with a uniform trading experience while the 24/7 customer support gives you peace of mind that you will be heard instantly no matter what time of the day you run into a problem. Now, if you have been thinking about starting your trading career, read a bit more about BubbleXT on its website so you can make up your mind about this broker.