Safe Holdings Review – What Should you Know about the Broker?3 min read
One of the biggest trends nowadays is online trading and people are jumping on the bandwagon in hordes in order to tap into the opportunities available. However, it should be noted that you have to have a trustworthy and authentic broker in order to accomplish this goal. It will not take you long to discover that the market is overflowing with companies offering their trading services, but choosing one from the horde is easier said than done. You cannot just pick a random platform because you will be investing your money and taking risks.
Subsequently, it is a good idea to know some important things about a broker before you opt for them. This includes Safe Holdings that does have a strong reputation in the market. But, it was only launched in 2018 and even though it is a Bitcoin-based platform, there is no guarantee that it is genuine. You can find out everything you should know from this Safe Holdings review:
Can you diversify?
It is a well-known fact that there are risks inherent in trading and certain strategies can be used to mitigate them. One of these is diversification, which means spreading out your capital across different types of instruments to minimize your risks. If one market goes down, the other usually goes up, so you will not incur heavy losses. But, this strategy can only be applicable if the broker you choose can offer you enough instruments and access to the right markets. You will find that Safe Holdings is an ideal option in this regard.
They have given their clients access to 200 different financial markets and you can trade over 300 instruments. You will be able to trade in the forex market, or try your luck with indices and stocks that are also quite lucrative. There are commodities provided by Safe Holdings that can help balance the high volatility. Most notably, you will also be able to trade digital currencies like Bitcoin, Ethereum, EOS, Ripple and others on their platform.
Is registration easy?
An appealing aspect of Safe Holdings is that they have introduced an anonymous registration and account opening process. They don’t ask you to provide any detailed information about yourself and neither do they ask you to provide extensive documentation. Instead, you have to enter only basic details on the form on their website. These include first name, last name, email address and password, and country and phone number. You have to agree to their Terms & Conditions, confirm that you are 18 and not a US citizen. This doesn’t take you more than a few minutes.
What trading solutions are available?
It is a good idea to check the trading solutions to ensure you will be able to trade easily and without much hassle. There is no need to be worried in this regard because Safe Holdings offers several trading platforms for you to choose from. You can go with WebTrader, which is a web trading platform accessible via the browser and doesn’t need to be downloaded or installed.
If you want to trade on the move, there are mobile trading apps for Android and iOS that Safe Holdings has added for your flexibility. But, the most notable offering they have is that of the MT4 trading platform, which is considered the gold standard and is renowned for its technology and offerings. Regardless of which platform you select, you can enjoy ultra-fast trade execution, different order types, professional charts and graphs, trading indicators and signals, price alerts and the latest market news.
Is there any support?
Support is an essential part of every service business and Safe Holdings has added 24/6 options that its clients can use. They provide educational resources for guidance and you can also reach out to their representatives via email for any query or concern you may have.
Add in robust security, competitive trading conditions and variety of account options and you will have the complete package in Safe Holdings.