It is a fact that you need the services of an online broker to start trading in the financial markets. When you start looking for one, each of them will promise to facilitate your trading journey in the best possible way. Taking their word for it would mean that you open a trading account with every broker you find, which is obviously not practical or feasible. What should you do then? You need to check out exactly how they claim to facilitate trading and make up your mind accordingly. This CTmatador review can shed some light on how this particular broker goes about it.
This forex and CFD broker has gained a lot of attention of late, as it has around 1,207 brokerage accounts and more than 2,580 investors using its services. The statistics certainly indicate that CTmatador knows what it is doing, but you still need to take a closer look before coming to a decision. Let’s get started:
A risk-free account
Perhaps, the most appealing feature that most people will find at CTmatador is the availability of a risk-free account. When you are getting started with online trading, you need some time to get acquainted with how everything works. Starting with a live trading account leaves you susceptible to mistakes and you could end up losing your money. Therefore, the availability of a demo account can be an excellent feature. It allows you to get acclimated to the online trading world and is also the perfect opportunity to test your strategies and get in some practice. The demo account is quite similar to the live account, but uses virtual money, which helps you in trading without any worries.
An easy on boarding process
Most people are intimidated by the onboarding process of brokerages, as a number of them require a great deal of paperwork to be completed and several other steps required. This is time consuming and can also be a bit exhausting for traders, especially when they are eager to get started. This is not something you need to worry about with CTmatador because their onboarding process is simple and quick. There are no such complex requirements because you only have to fill a short form on their website that opens up when you click on ‘Register’. The form needs your first and last name, country, phone number, email address and password. You have to agree with their Terms and Conditions and be 18 years of age to sign up.
A section for education
Not everyone who decides to engage in online trading has a financial background, or is well-versed in the financial markets. Keeping this in mind, a complete section on the CTmatador website has been dedicated to education. This is a great opportunity for newbies and beginners to learn how the markets work and take advantage of the in-depth and detailed resources. Even intermediate and expert traders can find the resources useful because they help them in eliminating mistakes and polishing their knowledge and skills further. These resources are available in the form of videos, books, guides, historical prices and more.
A partnership opportunity
One of the best things about CTmatador is that it doesn’t just give you a platform for trading in the financial markets to earn money, but also gives you other opportunities. They have an affiliate program that you can use for making some extra bucks if you want. To put it simply, you can make some money when you refer the platform to your friends and family. This doesn’t require a lot of effort and helps you in generating some cash on the side.
Along with these offerings, you will also find hundreds of trading instruments belonging to different financial markets, robust security measures that help you trade stress-free and round the clock customer support through different channels. All of this helps CTmatador in facilitating trading for their clients, so you can have a positive experience.