If you are looking for a way to supplement your income without being tied down, trading is the ideal solution. It gives you the freedom of investing as much money as you like, trading at your convenience and earning as much as you want. Another important thing to know about trading is that it gives you access to a number of financial instruments to choose from. You can trade forex currencies, stocks, indices, and commodities. But, these days, the hottest option in the market is cryptocurrency. Bitcoin was the first-ever cryptocurrency to hit the market in 2009 and no one could have fathomed that it would give rise to such a huge phenomenon.
Today, cryptocurrencies are a force to be reckoned with and have helped hundreds of people all around the globe earn substantial profits. Wouldn’t you like to do the same? Thanks to the internet, all you have to do is find a broker and you can get started right away. Due to the huge demand of cryptocurrencies, there are numerous brokerages that are now offering crypto trading and more continue springing up every day. People will advise you to avoid opting for new brokers because there have been several scams in the market and it is best not to trust newcomers.
XTRgate
However, not all new brokerages are in it for scamming people. As a matter of fact, there are some authentic and reliable crypto currency brokers that haven’t been around for very long but are offering impeccable and excellent services to their clients. XTRgate is one of the best examples of such crypto brokerages. This broker was launched in 2019, which means it doesn’t have a lot of experience under its belt, but it doesn’t mean that this broker cannot get the job done. XTRgate has its headquarters in the United Kingdom and is the product of the efforts of former traders who had in-depth knowledge of the market.
Armed with this knowledge, the team created a broker that could effectively fulfill the needs of every trader, no matter how much experience or knowledge they may have of the cryptocurrency market. What can you find at XTRgate? It is best to see what you can find at the brokerage before you make the decision of signing up with them. If you are interested, read on to find out how XTRgate gives you the best experience in the crypto space:
A Sophisticated and Easy-to-Use Trading Platform
This sounds like a contradiction in itself. If a trading platform is sophisticated, how can it be easy-to-use? But, this is exactly the beauty of the trading platform that XTRgate is offering its clients. The broker is fully aware of the fact that traders spend most of their time using the trading platform for monitoring their assets, checking their trading history, keeping track of news, using trading tools and executing trades. Hence, it plays a vital role in their overall experience and if the platform is lacking somewhere, it is obviously going to create a hurdle for the trader.
The other features of the broker won’t matter if the trading platform creates problems because, at the end of the day, you are using the trading platform for making your trades and earning profits. Hence, your bottom line is going to suffer. XTRgate has developed its own proprietary trading platform that’s free of any such performance issues. You don’t have to worry about a complex or cluttered interface and there is no need for any download or installation. Their trading platform is accessed via a web browser, which means you can use it on any device that supports browsers and an internet connection.
It has a simple and uncluttered dashboard that shows you all graphs, charts, price indicators, alerts and any other tools that you require during trading. Trades can be made in a single-click and trends and account history is also easily accessible. You don’t have to worry about any learning curve and the platform responds quickly to help you take advantage of the smallest opportunity. All transactions are executed in real-time and results are reflected immediately to help you know how things turn out.
A Staggering Number of Cryptocurrencies to Trade
The tide may have begun with Bitcoin, but it is no longer the only cryptocurrency in the market. It is still the leading cryptocurrency in terms of market capitalization, but more than 5,000 coins have been introduced since then. The downside? Most brokers don’t really offer much variety in terms of cryptocurrency and only stick to the top three or four cryptocurrencies. This is where XTRgate stands out from its competitors because with this broker you can find the variety you are looking for. You can trade more than 40 cryptocurrencies with this broker and some of these options include:
- Bitcoin
Any broker that specializes in crypto trading will certainly have Bitcoin as its asset index because it is the first and top crypto in the market. The best thing about Bitcoin is that it is completely decentralized so it cannot be manipulated by a third party and neither is it under anyone’s control. It currently holds the biggest market share in regard to capitalization.
- Ethereum
Very similar to Bitcoin, it is the second reigning cryptocurrency in the market. The crypto of this network is referred to as ether (ETH), which is not just reserved for trading. It is also used for running different applications. Ethereum transactions have executable codes, unlike those involving Bitcoin.
- Ripple
This particular crypto gained popularity quite quickly because it is also a digital payment system that can be used for conducting financial transactions. Ripple transactions are even faster than Bitcoin and they also consume very less energy.
- Litecoin
This is considered as the silver to Bitcoin’s gold. Litecoin is considered a lot like Bitcoin, but it is different because it has more coins circulating in the market and has a higher cap. Plus, its transaction time is also reduced and it is more affordable for traders when compared to Bitcoin.
- Bitcoin Cash
This is regarded as one of the hard forks of Bitcoin and was launched in August of 2017. It is different from the pioneer cryptocurrency because it is able to process transactions a lot faster. Bitcoin Cash was introduced for competing with the huge volume of transactions conducted via Visa and PayPal.
- Dash
Another cryptocurrency that’s very similar to Bitcoin, Dash was launched in 2014 and boasted a significant number of improvements. It could process transactions at higher speeds and the best thing about Dash is that it is able to fund itself allowing investors to vote for the projects they offer.
XTRgate gives its users the opportunity of investing their capital in these cryptocurrencies and lots more like NEO, Monero etc., which allows them to mitigate their risks and maximize their returns.
A Hassle-Free and Fast Registration Process
You will come across a lot of traders who are intimidated by the process of signing up with a broker. As a matter of fact, many traders don’t switch brokers even though they want to because they don’t like the idea of having to deal with the registration process. XTRgate is different from others of its ilk when it comes to registration. Firstly, you don’t need to worry about any registration fee because none is applicable. There are no complicated steps involved either as all you have to do is log onto the broker’s website, click on register and this will open up a form that you have to fill out.
Some very basic information like name, email address, phone number etc. is required at this point that you have to enter. After you have submitted the form, they will send a link to your email for verifying your information. Once you verify your email, you just need to fund your account with XTRgate to get started. You can access your account through the My Account page and you can reset your password in case you forget it.
A Range of Account Choices to Choose From
Account choices are offered by every broker to their clients if they are catering to traders from different backgrounds. Since XTRgate welcomes all kinds of traders, whether they are newcomers, intermediate traders or professionals, it is natural for them to have account choices. However, what makes their options different from the rest is that they have gone beyond the standard three options and made allowances for traders falling in between these categories as well. There are a total of five account options that you will come across on XTRgate and these options are:
- Basic
Requiring a deposit of EUR 1,000, this account, as obvious from the name, is for those who are new to crypto trading and have no experience. This account offers Daily Market review, basic education and training for traders and 24/6 customer support.
- Bronze
To open this account, traders have to deposit EUR 10,000 and they can access all features of the Basic account. Along with those features, it also comes with price alerts at the junior level and these can be very useful during the trading process.
- Silver
Designed for intermediate traders, this particular account can be opened with EUR 25,000. Under this account, traders can access features of both the Basic and Bronze account. This account also provides them with an account manager, along with PIA trading secrets that can make a big difference.
- Gold
Another step up, this account needs a deposit of EUR 50,000 and is an ideal option for skilled traders. With this account, traders can enjoy PIA SMS signals as well as customized trading strategies.
- Platinum
The last account option offered by XTRgate is primarily for professional traders and they have to deposit at least EUR 250,000 to open it. This account gives traders access to every single feature that the broker has to offer and also gives them one-on-one training with an advisor and exclusive position access.
Other than these five options, XTRgate also has a Black account, which is only reserved for VIP traders. There are certain requirements to be fulfilled to qualify for this account and you can ask your account manager to provide you with the details.
A Robust Security Infrastructure for Traders
The world of online trading has more than its fair share of security issues, particularly when it comes to cryptocurrencies. If you do even a little bit of research, you will discover that entire exchanges have been hacked and people have had their identity and even crypto stolen. Therefore, there are security concerns that traders have to deal with when they decide to open an account with a brokerage. XTRgate is familiar with these problems and they have taken steps to develop a robust security infrastructure to provide their clients with complete trade of mind during the trading process.
In order to prevent any criminals or shady individuals from access their platform, XTRgate has implemented the KYC (Know Your Customer) and Anti-Money Laundering (AML) policies. These policies demand proof of ID and proof of address from anyone who signs up with the broker. The purpose is to verify their identities to ensure they are legitimate individuals and not interested in compromising the platform. Likewise, the AML policy ensures that no illegal activities can be committed on the broker’s platform.
Apart from that, XTRgate also has a strong privacy policy as their aim is to keep all data of their clients confidential and private. They don’t share any information with any outside parties without the consent of their clients.
Final Thoughts
XTRgate also offers great trading conditions to its clients, which include great leverage for trading cryptocurrencies. Moreover, they don’t have any hefty trading fee and they provide award-winning customer support to their customers that can make all the difference. Considering the wide array of cryptocurrencies they offer and the account options and security policies, there is no doubt that XTRgate can be a great option for traders to start their journey in crypto trading in order to earn solid returns.
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