If you are shopping for an online broker, it will only take you a couple of minutes to realize that there are thousands of options for you to explore. It is also a fact that no two platforms are going to be the same in every way. There will always be some differences, but you need to focus on the major ones to make your decision. If you are contemplating one option, you should know what makes it unique enough to be considered. This is where the following EcoMarkets review can help, as it can answer this question.
When you come across EcoMarkets in your search for a brokerage, you will find their website quite impressive at first glance. But, of course it doesn’t mean you sign up straight away. You need to figure out if they have any unique offerings that make them worthy of consideration. After all, you want to have the best possible experience and it depends on the broker you choose at the end of the day. Let’s go digging:
An easy onboarding process
One of the most daunting aspects for traders when thinking about online trading is the process of opening a trading account. What will you be required to do? This is a big concern, so it is a major relief for you to discover that you don’t have to deal with anything complex at EcoMarkets because their onboarding process is both easy and quick. There is no lengthy process, no endless paperwork or contract signing for that matter.
Just click on the ‘Sign Up’ option at the EcoMarkets’ website and fill out the form that opens up. The form itself is very simple, requiring basics like first and last name, email and password, time zone, country, phone number and account currency. Accept the Terms and Conditions, confirm you are not a US citizen, at least 18 years of age and have shared correct information. You are registered immediately and that’s a huge relief.
Adherence to AML and KYC policies
An important element you will come to know is that only the most reputable brokerages in the financial markets comply with the two most popular security policies i.e. AML and KYC. The fact that EcoMarkets is also compliant with them is certainly a mark in their favor. These are the Anti-Money Laundering and Know-Your-Customer policies and require traders to verify their account.
This means providing proof of identity to EcoMarkets by submitting a government authorized ID card, driver’s license, or an international passport. Proof of address is also needed, which can be given with a bank statement, utility bill, such as water, electricity or gas, or a credit card bill.
No downloading the platform
Another major feature that can help you see just how EcoMarkets stands out is the fact that you don’t have to download their trading platform. That’s right; you can simply log onto their website and begin trading. This is undoubtedly a big benefit because it means that you only need an internet connection and any device that supports a browser to start trading. It gives you flexibility, as does the mobile trading app that they have added, which traders can use to trade from anywhere.
Most importantly, you shouldn’t let the simplicity of the platform fool you because EcoMarkets has used state-of-the-art technology to provide one-click trading and lightning fast trade execution. You can tap into the smallest movements to make your profits. The user-interface is easy to navigate, so there isn’t a learning curve to worry about. The trading tools that have been integrated with the platform are also top-notch.
You can choose from an economic calendar, a variety of charting tools and graphs, price alerts, trading signals, numerous custom indicators and the latest financial market news to keep you updated.
Bottom Line
With these unique offerings, you can conclude that EcoMarkets is capable of offering a memorable trading experience to every trader.