Finexro Review: All That You Need To Know About Finexro Before Signing Up With It
Becoming an online trader is one of the most efficient ways of earning additional income. Many people even turn it into a full-time career once they have gotten the hang of how the financial world works. You can think of online trading as a game where you win if you are well-versed with the rules. If you do not know how online trading works and jump straight into trading, then you will have to make acquaintance with frequent losses.
Nowadays, it is extremely easy to become a part of the online trading community. There is an abundance of brokerage firms available online for you to choose from. Most of these firms are reliable to trade with but you also need to be aware of disguised scams. That being said, it may be a bit scary for new traders to select one broker out of the many options to start their trading journey with. To help new traders get a jump start with their journey, I want to recommend Finexro as the broker to sign up with. As an experienced trader, I can vouch for this broker to be the best choice for new traders. I understand that simply this statement will not be enough to convince you to consider this broker. So, let’s take a look at the features and services provided by Finexro that make me like it so much.
Review Of The Most Noteworthy Features of Finexro
1. Multiple Trading Platforms
If there’s one thing you should not ignore to pay attention to, it’s the trading platform. The trading platform is one of the most important aspects of any trading firm. The trading platform is the medium through which you will perform the act of trading. This means that you will access real-time markets, make investments, sell, and do all actions related to trade there. So, it is important to make sure that the firm that you register with provides a trading platform of the best quality.
With Finexro, you do not have to fret over the performance of the trading platform as they provide you two of the best trading software to trade with. You can pick whichever platform you prefer. Finexro offers you the services of the most advanced trading software called the MetaTrader4. This is honestly one of the best things that this broker has to offer because the MT4 platform ensures that you have a great trading experience. Not only is it easy to navigate through this platform, but it is also very user-friendly, and has a lot of trading tools that help in making better decisions. Its feature of using MT4 as one of its trading platforms is one of the reasons why I highly recommend this to new traders. The other trading platform that is available to use on Finexro is SIRIX which is also a great choice. The software also carries many qualities that allow you to have an amazing trading experience.
What’s more is that these trading platforms are not only available to download on your computer (laptop or PC), but you can also download their iOS and Android apps on your smartphones and tabs. Talk about mobility!
2. Highly Secure Platform
When you sign up with an online trading company, you are trusting them with a lot of personal data which requires a lot of trust in the company. You need to make sure that the firm that you sign up with offers a secure environment and safeguards the information that you provide. You need to provide detailed information on your personnel such as your full name, housing address, bank account information, proofs of identity such as government issues identity cards, passwords, amongst others. The security of this information is important to protect the customers.
Finexro provides you one of the most secure trading environments that you can count on. The broker has implemented impressive security measurements to safeguard all confidential data. The broker uses the two-factor authentication system which prevents hackers from entering and accessing your accounts and data. Furthermore, highly developed encryption software is used to encrypt all information as soon as it is added to the website. So, even if an unauthorized person gains access to your account, they will not be able to decode the information. One of the most noteworthy security measures that this broker has taken the feature of whitelisting order addresses. This means that for certain assets, such as Bitcoin, you can only perform actions from a certain address.
These are some of the ways the broker guarantees the safety of your private information. So, you do not have to worry about your information leaking to outside sources.
Regulations play an important role in determining whether a broker should be trusted or not. Finexro passes the regulatory aspects with flying colors. I say this because this firm is regulated by the top regulatory agencies. Regulatory agencies are basically third-party observers that keep an eye on the financial activities of the broker. They ensure that the broker is not involved in any illegal activities. In case any suspicious activity is tracked, the authorities seal the functions of the broker to investigate.
Finexro is compliant with the Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. The KYC policies ensure that only you can access your account. For this reason, you are required to provide proof of identity before making any transactions from your account. The AML regulations require your account to be completely verified before you can proceed with any deposits and withdrawals. Finexro is a fully regulated broker, so you can trust them to protect your funds as well as your information.
4. Deposit and Withdrawal Procedures
As a trader, you need to make a lot of transactions to and from your account. You need to deposit funds to make investments and make a withdrawal of your earnings. So, you ideally want a procedure that does not have many steps. Many brokers don’t take care of this point and make these processes lengthy and complicated. Finexro provides you quick methods of deposits and withdrawals to make sure that you can complete your transactions easily.
To make withdrawals, all that you need to do is click on the “withdraw” tab and access the funds on your account. You should know that the broker will ask you to provide proof of identity before confirming any operations due to the AML regulations that it complies with. In addition to the physical proof of identity, you will also need to provide vocal proofs which may be through phone calls.
If you are a new trader, you may not be aware of or the fees that most firms charge for making withdrawals. Also, a majority of the time the withdrawals take a number of days to proceed. With Finexro, different methods of payment have different fee rates. This means that you will be charged a fee of 3.5% of the amount that you want to withdraw if you use credit/debit cards. However, no fee will be charged for wire transfers. Users of Finexro are lucky with the deposits as the brokerage firm does not charge any fee or commission for making deposits.
A tip to avoid waiting for a longer period of time to receive your withdrawn amount is to make sure that you place your order before 1 pm GMT. You will receive your money on the same day if you do this. Otherwise, you will have to wait a certain number of days.
5. Impressive List of Trading Assets
Now, a variety in the number of trade assets that the broker supports is important for both experienced and novice traders. Professional traders will be able to invest in a variety of different assets and increase their chances of returns with their experience. It is also beneficial for new traders as they can experience trading with different assets and understand how they work. Furthermore, it will also help them build their trade portfolio. I always encourage new traders to try out trading with different instruments. Experimenting with different assets will help you find your strongest area.
You will notice that Finexro is doing everything in its power to provide you with the experience of trading with various assets. The company supports numerous trading instruments including Forex, Cryptocurrency, Indices, Commodities, and Stocks. It supports a large variety of currency pairs to trade with. Furthermore, you can trade precious metals with this broker. One of my personal favorites is the feature of trading commodities. Commodities allow you to trade goods such as wheat, coffee beans, etc.
Finexro allows you to invest in shares and stocks of some of the biggest companies. In addition to this, the broker provides you with the feature of CFD trading with these assets which makes it easier for you to invest in multiple assets at one time. Similarly, the firm supports a large number of cryptocurrencies as well. So, whether you are a new trader looking for experience, or an experienced trader looking for expanding their trade portfolio, it doesn’t get better than Finexro.
6. Resourceful and Reliable Customer Support
When you are new to trading, it is expected that you will require assistance to understand the workings of the trading platform. Or, you may also have many questions and doubts about the various tools that the broker offers. Even if you have some sort of financial background, knowing about the trading tools and actually using them is different. There are many other complex features that your firm may offer that may be confusing for you. For this reason, the firm needs to provide you with a reliable customer support service. The service should have a fast response time and trained individuals that will handle your issues with expertise.
Finexro provides some of the best customer support services among online trading companies. Their customer support services are one of the main reasons why I like Finexro so much. You can contact the customer support service for any query or issue that you may have. You can contact them through many means such as email, phone calls, live chat, and a message feature. The best part about this is that their services are available 24/7. This means that you do not have to wait for office working hours before getting an answer.
7. Swift Registration
I have come across many online trading firms that make their sign-up process too long and detailed. This is where they lose the majority of their customers because new traders are already intimidated by the industry. So, if they pick one broker out of the numerous options available online and find that their registration process is complicated, they will not sign up with them. Therefore, trading firms should make sure that they design a short and quick sing up process. This way traders can explore the features of the broker by signing up with them in a few steps.
Finexro is one step ahead in this area and has designed a short sign up page that allows users to register an account in just a few steps. This helps create a welcoming environment for new traders and show them the easy-to-navigate interface of this broker. So, customers can quickly create an account with this firm and explore the features and services that Finexro offers its customers. I really enjoyed this feature provided by this broker because it left the impression that it does not ask for unnecessary information from users which can get quite annoying
The Bottom Line
Finexro is a trading platform that is suitable for new traders as well as experienced traders. The broker uses cutting-edge technology in its trading platform which ensures that traders will be able to trade in a facilitated and comfortable environment. Furthermore, you will be able to use various trade tools that allow you to make calculated and smart trade decisions.
I have shared my honest and unbiased thoughts about the online brokerage firm Finexro. So, what do you think? Do the features that are discussed above appeal to you? While I cannot convince you to sign up with this firm, I will urge you to visit the website yourself and take a look at the features. It is important to always try out the features of a broker yourself before you finalize your decision.