Safe Holdings Review – Is it the Right Choice?
Safe Holdings Broker Rating
Safe Holdings is indeed a top-quality platform that has all the right features any trader could use. You can sign up with the broker today in the link below or learn more about them in our Safe Holdings review.
Safe Holdings Review
For decades, people have been trading in different financial markets, but the introduction of cryptocurrencies in 2009 fueled interest in this space. Moreover, the technological advancement and internet has also simplified accessibility and combined with the popularity of digital currencies prompted millions of people to enter these spaces. The beauty of these financial markets is that even during tough economic situations, they are able to provide profitable opportunities. This became obvious in 2020 when the COVID-19 pandemic wreaked havoc across the global economy. The trading space was able to maintain stability and even went up, which drew the attention of many people towards it.
A big advantage of trading is that you can decide how much or how little you want to trade. You can choose to make a career out of it, or do it part-time for supplementing your income, or even as a hobby. There is no one stopping you, but the one thing you do need to get started is a broker. They remain as essential to the process as they have been since day one and you have to find one to begin. Where does Safe Holdings review come in all of this? When you begin looking for a broker, you will discover that there are hundreds of them in the market.
The exponential growth of cryptocurrencies and the high returns that other financial markets can offer has resulted in the launch of various platforms and companies that are offering trading services. It is undoubtedly favorable because it means you have plenty of options to choose from, but not all of them will be the right choice for you. It is necessary for you to consider your own priorities, requirements and expectations before you opt for a broker because they will be different from the next person.
For instance, some people prioritize the trading platform provided by the company because they want an easy and smooth trading experience. Others might be more concerned with the instruments that you will be able to trade through said platform. Apart from that, you also have to consider that not all companies will provide you professional trading services and some are quite shady. The wrong choice could result in some slight inconvenience, as you will have to switch brokers, or it could result in disaster, with you losing your entire investment to a scam or having your identity compromised.
Hence, it is crucial you make the right choice and this can only happen when you have done your homework and studied the brokerage carefully before making a decision. This is exactly what needs to be done in the case of Safe Holdings, one of the options at your disposal. It is a Bitcoin-based platform that was founded in 2018 and within a matter of 2 years, it has managed to grow and expand its services. Today, it is catering to traders in more than 150 countries, a feat that’s not easy to accomplish for anyone.
But, is it the right choice for you? The only way to find out is to review its offerings and then make up your mind. Let’s begin:
|Trading Accounts||Five Account Options; Silver, Gold, Platinum, Diamond and VIP Accounts|
|Assets Coverage||Forex, Cryptocurrencies, Stocks, Indices and Commodities|
|Trading Tools||Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts and Risk Management Tools|
|Education and Training||Yes; , e-books, online video courses, webinars, tutorials, fundamental market data and market analysis|
|Customer Support||24/7 through email. Different email addresses for different queries|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
Safe Holdings’ Security Policies
Before you look at anything else about a broker, you should focus on their security policies. After all, these are the ones that will keep you safe from the risk of identity theft and having your money stolen. If the company doesn’t use any proper security measures, it is better to look for other options because you don’t want to be left vulnerable. Don’t let low trading costs or any other feature tempt you into compromising on security because it can lead to losses and other consequences in the long term. When it comes to Safe Holdings’ security policies, you will be pleased to discover that they are quite thorough in this regard.
First off, they comply with the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) security policies that are primarily designed to provide a secure trading environment. Traders have to follow the rules of this policy, which include providing documents to prove their identity and address and give proof of payment. In this way, the risk of money laundering, terrorist financing, financial fraud and identity theft can be reduced. But, this is not all, as Safe Holdings has other policies in place for providing security and safety to its clientele.
They have opted to follow rules of customer account segregation as well, which means that traders’ funds are not mixed with the company’s and kept separately with reputable banks and financial institutions. Even is the company goes bankrupt, the funds will remain safe and returned to the clients. When it comes to digital currency deposits, cold storage has been used by Safe Holdings to keep them safe. They also whitelist addresses to prevent any theft of these currencies. They also keep trading accounts secure through 2FA (two-factor authentication), which means that no one can access them unless they have proper authorization.
As far as passwords are concerned, they are kept cryptographically hashed for security reasons. Encrypted SSL (Secure Socket Layer) is another measure used by Safe Holdings for protecting all information shared on their website and for monitoring website traffic. They prevent DDoS (denial-of-service) attacks through Cloudflare and their security and IT team are constantly monitoring their system to ensure the system is strong and cannot be compromised. A risk assessment is also performed after an order is placed and trade is executed.
Safe Holdings’ Trading Products
If you have deemed the broker secure enough for your trading, you can move onto the other aspects in order to determine if they would be a good choice. It is a good idea to begin with their trading products because you want to ensure you have profitable options to choose from, or else there wouldn’t be any point in trading. Most people who decide to enter this space have the goal of earning maximum returns and that can only happen if you have access to the best markets. Plus, any smart trader would also want to have some variety because it allows room for diversification, one of the best strategies for minimizing the inherent risks in trading.
If you check out the trading products offered by Safe Holdings, you will come to know that they fit every criteria. There are more than 300 trading instruments that can be found and they belong to some of the largest financial markets in the world. They are some of the top and profitable options and there are enough choices that you can diversify with ease. First off, as it is a Bitcoin-based platform, it is a given that they have leveraged various digital currencies, such as Bitcoin, Litecoin, Bitcoin Cash, Ethereum and Ripple. These instruments are highly volatile, but also immensely profitable.
In case you prefer traditional currency pairs, you will be able to access the forex market via Safe Holdings and they have added a range of major currency pairs for you to choose from. The stock market is another appealing option added to the mix because it is known for its solid trading opportunities. You can trade shares of some of the world’s most prominent companies, like Apple and Amazon, which means profits can be made. Another lucrative addition to the offerings is the indices market, with indices like FTSE 100 and S&P 500, allowing you to trade the big picture and make high returns.
Some traders have a low-risk tolerance and prefer to trade instruments that can offer consistent returns. They have also been facilitated by Safe Holdings with the addition of commodities to their trading products. Gold, silver, copper and platinum are some of the precious metals that can be traded. Likewise, traders can opt for energies like crude oil and natural gas. You will also find agricultural products, such as wheat, coffee, corn and rice available.
Safe Holdings’ Account Offerings
Once you have figured out that the broker can offer you the instruments you want to trade, you should move onto checking out their account offerings. Do they have a suitable account option for you? Are they catering to traders with your skill level, trading style and capital? If not, you will have to look for a different company, so you should take a look at the options before you register. Safe Holdings has not targeted a specific category of traders with its services and aims to accommodate traders from different backgrounds. This will become apparent when you take a look at their account offerings.
A total of five accounts have been created and each one offers some unique features to the traders. These options are outlined as follows:
Account 1: The first is known as the Silver account and this comes with raw spreads that start as low as 0 pips and competitive commission to help you keep your costs down. This account is primarily for those who are interested in scalping or high-volume trading. The account can be opened by depositing €10,001 and you can increase this to as much as €20,000. Users of this account will see their withdrawal requests approved within 7 business days. They can get 24/6 customer service, a welcome bonus of 20% and enjoy leverage of 1:20. Trading signals are also available in this account.
Account 2: The second account offering is referred to as Gold and this one comes with fixed spreads, making it a good option to use with Expert Advisors (EAs). The deposit needed for this account is €20,001 and it can be increased to as much as €100,000. Quarterly dividends are available here and approval of withdrawal requests is made in 5 business days. Account executive is also available and leverage is increased to 1:40. Traders receive a welcome bonus of 40% and are provided a complete money management plan. Daily market reviews, monthly cashback and one-on-one educational course is also available. It boasts a weekly managed session, events analysis and trading alerts for the user.
Account 3: Known as the Platinum account, it is a flexible option and needs a minimum and maximum deposit of €100,001 and €200,000. Withdrawal requests are approved within 3 business days and leverage goes up to 1:60. A 60% welcome bonus is also available and 2 to 3 weekly managed sessions are now provided. Traders can also get access to a Premium trading room in this account.
Account 4: The next account offering provided by Safe Holdings is called the Diamond account and this carries a minimum deposit requirement of €200,001. The maximum investment that you can make in this account is €499,999. Withdrawal approvals are now made in 2 business days and 80% welcome bonus is provided. Traders also get 1:100 leverage, a VIP mentorship program and 4 weekly managed sessions.
Account 5: The last account that you will come across is called VIP and it needs a deposit of €500,000 to open. There is no maximum limit imposed, which means you can trade as much as you like. The leverage in this account is 1:150 and traders can get their withdrawal requests approved on the same day. A 120% welcome bonus is also provided and daily sessions are now given. All other features offered in the aforementioned accounts can be accessed here.
If you have any further doubts about Safe Holdings, you will come to know that they have a simple registration process, give you 24/6 customer support and effective trading solutions to make your experience an easy and profitable one in the long run.