I recently came across a platform with excellent ratings that offers practically everything I’ve been searching for in a broker. At first, I struggled to understand TradeTheBit. Nonetheless, I became a part of the platform. Now I’m writing this in-depth and comprehensive evaluation to cover all of the platform’s services.

TradeTheBit is online trading and investing platform for traders all over the world. Over 200 monetary CFD instruments, including Forex, Cryptocurrencies, Commodities, Stocks, and Indices, are available to novice users at TradeTheBit. The website, which includes a wholly customized chart, high-speed execution, customer assistance, and cutting-edge trading tools, can be used to trade these assets. In addition, brokers may benefit from TradeTheBit’s low-dormancy trading environment, bolstered by broad values.

Even though I am new to online trading, I feel TradeTheBit has helped me become a better trader in just a few months. Although there are places where the platform may improve for even better performance, I believe TradeTheBit has done a decent job thus far. Continue reading my evaluation to discover more about the platform’s advantages and disadvantages.

CFDs, Forex, Indices, and many other assets are available:

The site has grown beyond currency pairings since its inception. They presently provide both traditional Forex and CFD trading. They also pioneered the door for cryptocurrency, allowing traders to trade Stocks, Cryptocurrency, Forex, Indices, and Commodities. To go along with these new trading possibilities, they’ve included risk management capabilities. TradeTheBit is not a scam. I’ve watched the brand evolve and flourish, and new traders will be able to use the platform’s capabilities.

Engaging and Interactive Platform:

Any Engaging and Interactivetrading platform provides a friendly trade environment. This setting is primarily concerned with security and dependability, but not exclusively. You need to check into a zillion other things that might cause you harm. As a result, I like how appealing and exciting the website is. The yellow visuals, in particular, are spot on. The live stocks bar and the attractive font colors are beneficial to both new and experienced traders who find it difficult to concentrate on their tedious work.

However, it would have been much better if the manufacturer had left the black backdrop off. I know it appears to be a good idea initially, but getting into procedures like charting may be difficult. Apart from that, I know some individuals who dislike the color yellow, so perhaps a customized theme choice would be beneficial to all of us.

Instruments and Tools:

This is another aspect that the organization has stressed extensively. The highly configurable professional and quick tools are what keep customers coming back to TradeTheBit. From the chart intervals to the stocks bar, everything is tailored to the changing demands of traders. Date and time bars, market reviews, and trading room analysis are all factors that contribute to traders’ increased deliberation, which is evident in their decisions on TradeTheBit.

Although these features are split across accounts to meet the demands of different traders, if they are critical to your business, you may quickly obtain them. If you need assistance with them, you may contact the company’s customer service.

Now, let’s talk about the Trading Chart.

I was able to reorganize the chart in whatever manner I wanted using this option. Charts include the standard candlestick, line, and many others. They are all the many chart styles that one can choose from. While it’s fantastic that the platform offers a wide range of chart types, they are as follows:

• Line
• Ohlc
• Spline
• Scatter
• Candlestick

However, I believe that only five chart variants are inadequate.

Having alternatives, even if they all perform well and are a question of personal preference, is a positive thing, in my opinion.

Customer Service:

Here’s another aspect of the forum that makes me think so highly of it. You’ll always sense the necessity for a well-developed customer help department, no matter how many years you’ve spent in the industry. And I believe if someone helps me out when I am short on time, they’ll almost certainly end up on my good side.

I reached the qualified specialists in various methods, including Email, Phone, and Live Chat. All of them are generally useful and responsive, but I’d want to draw your attention to one aspect. Customers on the platform come from all over the world and live in various time zones. While the limited hours are operating continues, it becomes difficult for them to contact them. It would be fantastic if these hours were extended to utilize this service on weekends as well.

Choosing an Account:

I remember wanting to upgrade my account and not being able to find out how. So I dialed the department’s number, and a young man promptly assisted me in logging into my new account, which had upgraded and better capabilities. Multiple accounts are available on the forum in an attempt to meet the demands of all traders.

If a trader has a clear picture of what She/he requires from a platform, they can choose carefully and wisely, especially when selecting an account type. Young traders should open the most basic account, which requires a minor initial investment. Wouldn’t it be fantastic if the platform allowed newcomers to trade for free to establish a link with the industry? I understand that the capabilities available here need purchase, but it would be fantastic if this proposal were considered.

Accessibility:

Even if a well-developed platform, traders will find it challenging to use it without supporting numerous electronic devices. For example, you can imagine how difficult it is to transport your laptop to all of your destinations.

A picnic, for example, or a holiday getaway. Carrying a phone is an excellent choice. However, the phone version of the website must function effectively to achieve this. And this is precisely what’s going on with TradeTheBit. Because the phone and web versions have the exact specifications, you won’t lose any laptop features. Also, it has an excellent user interface.

Education:

This is another area where I consider myself to be a pleased customer. We would all be losing out on the essential knowledge offered to us in the form of an ebook, glossary, FAQ, and asset index if the education section had been a bit less developed. All of this has been done in an efficient and time-saving manner, which is admirable.

This platform, I discovered, contains several ebooks that may be beneficial to both beginners and expert users. New traders may learn challenging ideas, while old traders may brush up on their basics. This section appeals to me since the ebooks are all free. Even if you haven’t joined up, you can have a look. A summary at the bottom saves time. However, as an expert user, I felt that I needed more information and education after considerable expenditures. Although the instructional information they offered was beneficial to me, it lacked resources for advanced users.

Aside from the ebooks, there is an entire area dedicated to all of the different trading terms that one can encounter. The glossary part was one aspect that I took use of the most as a newbie in trading. I wouldn’t have felt comfortable investing without it. There were instances when I had questions that I didn’t think were important enough to hire an agent for, but which were previously answered on their “FAQ” webpage.

However, there are several points I’d like to make. To begin with, this particular section isn’t updated frequently. Furthermore, no email or notification lets their users know that the new information has been uploaded. There could also be a recommendation section where traders may post items they’d like to read.

Payment Mechanisms:

In every investment, payment methods are critical. Therefore, I always check with any broker to see if they provide preferred payment options. What additional opportunities do they have if my chosen techniques aren’t available? My favorite payment method has always been Bank Wire. However, this broker offers different options that worked just as well for me as Bank Wire, and that is:

• Maestro
• MasterCard

The bank wire was my preferred approach among the alternative options, as I mentioned. I believe that bank wire is more efficient than other options and is the best option for me. However, I was able to try the rest of the payment options, which I felt to be excellent alternatives to the Bank wire. Furthermore, I never had any difficulty with deposits or withdrawals during my investment. However, I thought this platform needs to update its payment methods and consider adding options like PayPal o Vload. This would make the platform more user-friendly.

My Final Thoughts:

For me, the platform is fantastic, and I like how it offered me so many services for such a little cost. But, of course, any trader would want to have the ideal trading environment that I have here. I hope you meet a long-term forex partner soon, but you should always be cautious and on the lookout for fraudsters. From my end, I wish you the best of luck!

Disclaimer: This review is written from my own experience and self-knowledge only, and this is not a recommendation.