One of the most important aspects of the trading world is none other than choosing the right broker. It has become even more crucial because brokerage scams have become quite common in the last few traders and there are numerous cybercriminals who are ready to take advantage of traders. These scammers have gotten really good at disguising their services and this makes it difficult for traders, whether new or experienced, to see what is actually behind the curtain. In your search for brokers, you will come across many options that look good, but are they really so or are they scams?
What features make a broker reliable? This can be very difficult to figure out. The same doubts will plague you when you check out Global Markets Association. Is it a reliable trader or is it also one of those scams that lures customers into investing with them so they can walk away with your money? Obviously, all brokers, whether legitimate or otherwise, give a positive first impression so they require an in-depth look to see the kind of services they have to offer, how they operate and if they can be trusted.
Overview
Global Markets Association is an online CFD/forex broker, which is located in Nicosia, Cyprus. The broker provides its customers with many trading instruments. These include crypto assets, foreign currency pairs, commodities, indices and stock shares. Mobile trading is a prominent feature of the broker as is trading via the web browser through WebTrader. There is also the MT4 desktop application that completes the set of trading platforms that can be found on Global Markets Association.
Trading Products
When you check out the selection of tradeable markets and assets provided at Global Markets Association, you will notice that it is quite massive. See some interesting information in this regard in this Global Markets Association review. The broker covers indices, commodities, Forex and stock and the trading conditions that are offered are quite impressive. When it comes to their Forex selection, the broker covers a variety of currency pairs, from the major ones down to the exotic pairs. You will find almost 50 currency pairs available and you can opt for those that seem profitable to you. There are 33 cryptocurrency pairs available and 16 popular indices.
Trading Platforms
How does a broker enable its customers to trade? It provides them access to trading platforms that they can use for conducting their transactions and executing their trades. It is up to you to decide which platform you wish to use. When it comes to trading platforms, it seems that Global Markets Association is quite committed to keeping things as simple as possible. The go-to option for traders who are just starting out is none other than WebTrader. This is due to the fact that beginners can access this platform directly from the website.
The flagship trading platform of Global Markets Association is the MetaTrader 4, which was introduced in 2005. It can be downloaded from Global Markets Association’s website free of cost and it takes only a couple of minutes for you to install it. This platform also comes with a demo account so you can get in some practice. However, MT4 has become renowned for its unique trading environment and the features it provides. You can find it with a score of preinstalled technical indicators and trading tools. Another perk of this trading platform is that it gives traders the option of creating their own indicators. Plus, you can also install as many indicators as you want from a huge pool of more than 2,000 free indicators. You can also purchase these indicators from third parties as well and install them.
Education and Resources
When you visit the Global Markets Association website, you will notice that education is in the foreground. This proves that the broker is willing to protect its customers from the possibility of losing their capital. Moreover, the broker also ensures that its potential customers are aware of the risks that are associated with making investments in cryptocurrencies as they are very volatile. It provides access to a variety of e-books, tutorials, calculators and videos.
Deposits and Withdrawals
Global Markets Association supports various methods for deposits and withdrawals on its website. You can transfer funds via bank wire transfer, all major debit and credit cards, China Union Pay and methods, such as Skrill, Webmoney, Neteller, Fasapay, QIWI and PayPal.
Customer Support
You will find adept customer support at Global Markets Association and you can reach out to them through email, live chat and online contact form as well as on call.
With all these features and offerings, Global Markets Association has become a renowned name in the world of brokers in a very short time period.
Reputable option alert service providers usually offer guidance on risk management. They may provide recommendations on position sizing, stop-loss points, or hedging strategies to help traders minimize potential losses.
