If you ever come across someone who claims their forex firm is the best, tell yourself the next moment they are lying. This is due to 2 factors.
- There’s no firm that can prove to be good for all
- All platforms have associated flaws and qualities
Trading is one of the most widely practised professions and differing backgrounds give rise to differing needs and wants. Good platforms can cater to most of the needs but the existence of a standard is nothing but a hallucination. Forex platforms are a matter of individual choice and this is why you should never trust someone blindly. You can always add recommendations to your research list but never jump to a firm without first thoroughly analyzing.
I have suffered at hands of unthoughtful decisions and this is one of the reasons why I have decided to write this review. For the past 10 years, I have been working as a trader and I come across so many different people every day. All these people have their own stories to tell, some fake and some real. As a trader, you’ll always come across such people but how do you decide who to trust. When you’re a naive trader, you need to be particular about falling into the hands of traps. It doesn’t get super easy as you grow but becomes relatively easy.
I was only 23 when I first signed up for a brokerage firm. I had studied and heard stories of traders reaching heights of success with the aid of these firms so from the first day I knew I had to get an account made. I had no experience and I went for a forum that had comprised security hidden under the cover of flashy features. Being a neophyte, I quickly fell for them without realizing the importance of a secure working environment.
You must have guessed by now how miserable of an end I must have met. In a couple of months, I was back at zero. Although I lost my hard-earned money, I learned picking a brokerage firm isn’t child’s play. Well, I signed up for another one with the hope that my new firm would fit all my needs. Yet again, disappointment met me, and this time with a bang. I not only lost my money but was utterly frustrated because of the pathetic customer care. When I emailed them about their inefficient tools and how they made me lose my assets, they showed zero interest in my problems. That was the worst a forex firm could do. Well, time passed and I moved on.
A couple of such experiences were enough for me. I told myself, either you invest after you’re sure about a firms’ reliability or you don’t. Despite all the tries, I could not give up on trading. All these losses and disappointments could not move me away from my passion. Now the only option left was to go out, ask around, and thoroughly research before trusting anyone next.
My cousin told me he was working with 365TradingFX for years and the platform has not disappointed him for once. I was surprised such firms existed. At that very moment, I decided to see if it can fit my needs.
Legalities
All these years I have suffered enough due to flawed security measures. The first thing that I probed was security. I opened the web portal and went straight to the Legal section at the bottom. The comprehensively laid out section is subdivided into sections that clearly describe company policy and stances. Going through these help me understand what customer’s security, privacy, and ease mean to the forum. It was. also established that they are firm believers of transparency. Withdrawal, Refund, and Cancellation policy is what you need to read carefully being a trader. If you have a hard time going through legal documents you can hire legal aid but never consider skipping them. Some important documents that you’ll find uploaded are privacy policy, Bonus Policy, Terms and Conditions, Risk Disclosure Statement, and Anti Money Laundering Policy. I would suggest you all carry out a comparative analysis of all the under-consideration forums and shortlist the satisfactory ones. If you want to further probe any of the stances or policies, you’ll find the Contact Us option at the bottom. You’ll be taken to a new page and there you’ll be asked to fill a short form. Add in your name and email before writing your message. You will also be given an option to add attachments to explain fully. You can find this option on all pages so that you can quickly reach assistance.
Education
This is a segment that you’ll find on platforms that are mindful of the fact that the education of customers is very important. If people are not updated with new information then they might have to face new problems. This is why uploaded literature is for both the newbies and the experienced traders. The education segment is divided into Asset Index, FAQ, Glossary, and ebooks. All four of these have been put forth in a time-saving manner. The alphabetical arrangement lets you quickly reach your desired part. Ebooks talk about a range of topics such as terms, beginners strategies, CFD and stocks, technical analysis, Capital Management, Forex, market analysis, global trading, etc. All the books have small synopsis written underneath the title to give readers an idea of what they’ll find inside the book.
Asset Index is also alphabetically arranged displaying relevant asset information such as trading hours and expiry rules. FAQ section is also subdivided into various categories such as open account, platform, funding, support, and trading. All these sections have covered the major questions but unfortunately, they do not keep updating the section. In case of further queries, you can always refer to the Contact Us segment.
The Glossary section is also very comprehensively laid out. All terms have been organized alphabetically and hence anytime you come across a new term you can reach for its definition in no time.
Supports Multiple Devices
Another commendable feature that I’d like to mention is that you can access the platform from both your phone and laptop. This liberates you from the need of carrying your laptop everywhere. Just slip out your phone and get the deal done. If you want a clear and larger screen to take more risk-free decisions you can always make use of your laptops or computers.
200+ Tradable Assets
365TradingFX has allowed me to expand my portfolio like never before. This is primarily because of the optimal trading environment and more than 200 assets that I was offered with. These include commodities, stocks, crypto, and much more. When I was new to the forum, I was comfortable with stick trading only but as I got comfortable with this platform I got all the needed confidence and motivation to step into the world of cryptocurrency. My personal assistant provided by the firm was super helpful in this matter. He always guided me about prices and market situations. Had he now been there for me, I would’ve been totally oblivious to the fun that awaits a trader in the crypto business. I would recommend you all to definitely explore this side.
Contact Us
If you’re taking this section lightly, let me tell you I have left a firm because I was sick of the inefficient customer care department. You need to get in touch with them the most because there is a constant emergence of problems. This department has a huge role to play in the success of any firm. If a customer is satisfied and finds the form comparatively, only then you’ll find it good enough to stick to it for longer periods.
There are several ways that you can employ in order to get in touch with the best recruitment agencies. You can get a trail of the best Applicant tracking system available in the market. Scroll down the page to find the Contact Us option. Click it and reach the new page which gives you multiple options to get in touch. These include submission of a small form, email, chat, and phone. I have found all of these equally responsive but the phone option tops all for me. This is because I am not a “type-the-message-person” and hence I prefer one-to-one verbal communication. The ones of you who do not like to talk on the phone can use email and chat options.
Although this department is very well established, they do not have an international number so the ones living outside Australia, UK, and Canada cannot use this method. Apart from that chat and call hours are also limited. I wish the company works on these couple of points.
The Final Word
It’s been years now that I am associated with 365TradingFX and I find myself highly satisfied with the services offered here. I have found everything from tools to user interface right face up to the mark. Also, the light theme helps me perform processes with great ease. If you want to sign up for it, you’ll have to pick an appropriate account after which you can access the wonderful forex world features.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.
