In the past few years, we’ve seen so many trusted financial managers caught out for wrongdoing, it seems like no one can be trusted to deal responsibly with our money anymore. Sam Bankman-Fried’s bankrupted FTX crypto exchange was, not long ago, the darling of the digital asset community, supported by big Wall Street names like BlackRock and Sequioa. Bernie Madoff, who defrauded his backers out of billions of dollars of their hard-earned money, was once the chair of the Nasdaq stock exchange and a well-loved philanthropist. These kinds of high-profile scandals say nothing of the scams and fake brokers from which people have suffered in secrecy.
If authorities continue to identify rogues among the most respected Wall Street figures, should we just give up and hide our money under our mattresses? Not necessarily, especially because you’re going to want your savings to keep up with inflation. More than that: for those of us who want to grow our money, the advent of online retail trading has opened up a new sort of opportunity that you may not want to miss out on. All that’s needed is to open an account with an online brokerage in order to start trading on your smartphone or PC. Using a simple interface, you can open trades in gigantic global markets like the forex, commodities, and stock markets – all on your own. And you can educate yourself about the functioning of these markets with your own reading, without having to earn a college degree. There is, indeed, a new type of financial opportunity made possible by this technology, which more and more people are starting to realize.
But, when it comes to depositing funds with an online brokerage, how can you know whom to trust? As we’ve seen, even the most respected figures can be demonstrably untrustworthy. The answer is to put your trust in official regulatory bodies, because their job is to ensure that brokers operate legitimately and transparently. This is why it’s crucial to ensure the broker you choose is regulated by an official body.
iFOREX is a licensed and regulated broker that’s been in the business since the early days of online trading in 1996. Join us now as we take a look at some of the special qualities of their platform.
The iFOREX Platform
Rather than relying on a generic platform template as many brokers do, iFOREX elected to build their own platform from scratch. They did it in consultation with trading experts to make sure it would work just in the ways traders prefer. It’s customizable to your personal preferences as a user, and it offers an intuitive interface that appeals to both novice and seasoned traders.
The iFOREX app, which is available in both web and mobile formats, gives you the power to open deals on assets in the industry of your choice, from food to aviation, and from luxury items to cannabis. Just choose from the enormous variety of shares, ETFs, commodities, and cryptocurrencies on the platform, and suit your portfolio to your personal tastes.
And, when you’ve opened your deal, monitor it on the app while enjoying the use of trading signals, live charts, and technical indicators, which are designed to broaden your picture of the markets and your instrument. If you’re inexperienced in using trading tools, don’t worry: the iFOREX Education Centre is geared to enhance your knowledge and skills on a constant basis.
Promotions
If you’d like to jump onboard, there are a couple of special promotions you might want to take advantage of. The Welcome Package gives you video tutorials, one-on-one coaching, access to the Education Centre, and the use of a free demo account. Once you make your first deposit, you’ll get a 50% trading bonus and, when you’ve uploaded all necessary documents, you’ll get an additional 50% trading bonus.
Alternatively, there’s the Pro Package, which sets you up with advanced personal training, free trading signals, very tight spreads on instruments, custom articles, and more. Beyond this, the Refer Friends Program lets you earn a $300 trading bonus for every friend you refer to iFOREX.
Tying Things Up
iFOREX is the ideal broker for someone willing to put in the effort to learn about the financial markets and continually improve his trading know-how. The firm has always focused on building clients into savvy traders in their own right, rather than making outlandish promises of success. Their reputation is something to rely on, and so are the many positive customer reviews the platform continues to receive.