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Figuring out which online trading
service provider is the one that best suits your needs could be a confusing
experience. The digital market offers dozens of online trading providers, each
of them promises great and huge things to their traders. I’ve been
experimenting with a couple of these providers by investing minimal sums of
money and interacting with each provider’s features and services. This article will review 23Traders, a
three years old online trading provider.
Licensing and Regulation
Licensed and regulated by Vanuatu
Financial Services Commission (VFSC), 23Traders is owned by Decimol ltd, which is
located in Sofia, Bulgaria.
Educational Tools
Virtually every online trading
provider boasts about the educational materials it offers its clients. 23Traders makes the same
promises and fulfills them. Tutorial videos about the basics of online trading
are available for free. Short, insightful and effective, the tutorial videos
teach all you need to know before you make your first trade. I recommend going
through the glossary, where 23Traders
reviews the essential terminology for people who are totally new to this
world. The second layer of educational tools lies in the webinars that occur
two times a week. The webinars cover many subject matters that are crucial for
successful online trading: how to master 23Traders platform, how to choose between taking
long, short or medium term positions and how to trade on CFDs and FOREX. I’ve
taken a couple of webinars, the tutor had a way of taking complex financial
terms and making them understandable. I definitely felt more confident in my
trades after participating the webinars. Last but not least is 23Traders reviews of
financial and political events that impact financial markets, which is a
helpful tool for your decision-making process.
Assets and Financial Instruments
A diverse and varied tradable assets
list is a must for any online trading provider.
23Traders
offers a comprehensive list of stocks, commodities, indices and currency pairs.
The stocks of leading corporations such as Google (Alphabet Inc), Amazon,
Apple, Deutsche Bank and many others are available for trade. If you feel more
comfortable trading on commodities, you will find opportunities to trade on
sugar, gold, crude oil and many others. As far as indices go, the major ones
such as S&P 500 and the Dow Jones allow trading on macro level financial
developments. Though it’s not my favorite of tradable asset, currency pairs
provide a chance to exercise your knowledge in international affairs and global
economy.
Choosing an asset to trade on is only
half of the story. To make some money you’d have to take a position on that
asset. I started with a mild trade by taking call or put positions until I
gathered some more confidence, then a new world of financial instruments opened
to me: Long, short or medium positions and then moving on to One Touch and
Ladder.
Customer Service
After the completion of the
registration process, I was assigned with an account manager who skillfully
guided me through my trades and was very helpful. 23Traders customer service is available on the
phone, I had a problem that was fixed in just one phone call. It seemed like
they really cared for my problem.
Conclusion
If you are interested in a reliable
online trading provider, I suggest giving 23Traders a go. Their
unassuming attitude and helpful team provider a calming trading experience that
is also lucrative.
Summary:
A 23Traders reviews of their online trading services
that include assets such as stocks, indices, currency pairs and commodities. 23Traders reviews on a
daily basis the latest financial and political developments in major markets
around the globe, providing crucial information to their clients. 23Traders
provides additional educational tools such as webinars and tutorial videos. The
customer service is helpful and available for phone calls if traders have
issues that cannot be resolved with the designated account manager that guides
and help traders through their trading sessions.
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