Online trading has piqued the interest of many nowadays because they offer everyone the opportunity of investing a small sum and making big returns, with only half of the effort required in other similar ventures. The fact that it is also convenient has only increased its appeal and with thousands of financial instruments available, there is no running out of options to explore. Nonetheless, it is important for traders to remember that success in the trading world doesn’t just depend on your luck. Sure, luck can help you make a couple of good trades, but in the long run, other factors are also at play.
One of these factors is the platform you choose for your trading needs. It is true that there is no shortage of platforms that can be found these days, but you have to remember that not all of them are the same. In order to have a good trading experience, you require a company that’s legitimate and is also capable of offering you the required trading services and tools needed along your journey. There are only a few of them that are capable of doing so, and you have to make an effort to find them. How?
Before signing up with any broker, it is a good idea to ask questions about them and know as much detail as possible for confirming their reliability. This is exactly what you need to do with EZDSK, one of the options that you will come across in your search. Asking questions about them will help you decide if they are the right fit for you or not. Let’s see what you should know:
- Do they have any security protocols?
The first and most vital question to ask about a broker is regarding their security features. In today’s day and age, everything is online, but this doesn’t make it secure. The online world is not without its risk and unless you don’t have a problem with identity theft or having your money stolen, you need to know what kind of security is available. EZDSK has opted for high-end SSL (Secure Socket Layer) encryption technology for protecting the sensitive data entrusted to them by their clients.
All information is encrypted to ensure that it is not accessed by any third-party without consent. EZDSK also complies with the AML (Anti-Money Laundering) and KYC (Know Your Customer) policies. These require traders to provide proof of ID and proof of address through proper documentation in order to keep the platform free from identity theft, money laundering and other financial crimes. Plus, account segregation is also followed, which means your funds are kept safe and in separate accounts to avoid misappropriation or other issues.
- What kind of trading platform is available?
Have you thought about how you will make your trades after you have signed up with a broker? This is where a trading platform comes in, which is software designed especially for the purpose of trading. No two platforms are the same and have different features that may or may not help you while you are making your trades. At EZDSK, you will find a web trading platform, which has been designed for ease of use and versatility. It is accessible through their website, so it means there is no need to download or install it.
This allows traders to use the trading platform on any device of their choosing, whether it is on their laptops or PCs. In fact, they can also use it on their iOS or Android smartphones and it will function seamlessly on every single device. As far as features are concerned, in our EZDSK review we would like to tell you that the broker has opted to use an intuitive user interface, so every trader, ranging from newbie to skilled, can use the platform without any problems. It also comes with charting tools, custom analytics, price alerts, latest market news and trading indicators that can provide valuable insights. With ultra-fast trade execution, traders can take advantage of even the smallest of price movements and reap in profits.
- How to register and open an account?
Registration procedures amongst brokers can vary, as there is no standard that has to be followed. Some tend to make the process lengthy by adding several forms, requiring documents or have approval requirements that have to be fulfilled. It can be frustrating and stressful for traders, to say the least. Luckily, EZDSK doesn’t follow the same pattern, as their registration involves only a single form that has to be completed with basic details like name, phone number, email address, country and password. Account currency has to be selected and Terms & Conditions agreed with.
Your registration is completed immediately, but you do need to open an account and for that, you need to check what options are available. EZDSK has put together six account options, which are certainly more than regular brokerages offer. The purpose of providing such diverse choices is to ensure that every trader can find an account that is in accordance with their trading style. The first account option is called Basic, which asks for a minimum deposit of €1,000.
The other five options include Bronze, Silver, Gold, Platinum and Black accounts. Each moves up one level, so deposit requirements also increase. You have to deposit at least €100,000 for the Platinum account. As for Black, this one is reserved for professional traders, so they have to meet a different criteria to be eligible for it. When it comes to account features, you can find live support, daily market review, personalized trading strategy, education center access, PRO webinars, one-on-one training, exclusive position access, premier events, Islamic account options and custom analytics, amongst others.
The features vary for every account, but are designed to help improve your trading experience. You can go over the deposit limits and features before deciding which account to opt for.
You will also find strong customer support, various payment solutions and plenty of educational resources to provide you with a solid trading experience at EZDSK.