Blix Group Review – The Big Convenience You Will Enjoy as a Trader with Blix Group
It is nothing less than a blessing to find an ideal broker on the market. There is no doubt about the fact that the online world is now full of brokers. These brokers are there to give you access to a variety of financial markets. In addition to that, you will see that the same brokers let you trade not just assets and commodities, but they now bring at your disposal the latest cryptocurrencies as well. In addition to trading these assets, you can trade CFDs, bonds, and ETFs. In short, you do not have to own the assets to share them when you sign up with any online broker.
However, there are some conveniences that you should expect from any broker that you sign up with. If any one of these conveniences is missing, you can move on to a different broker and analyze it. Keep in mind that some things in the coming list might not sound very important to you. However, many traders from around the world have paid the price of not paying attention to these in the form of money. So, let’s take a look at how Blix Group is a great online broker and how many conveniences it offers to the traders who choose to trade with it.
Blix Group – The Truly Convenient Features
Deposit Money with Ease
If you are new to the online world of trading, you might not be aware of a lot of things. First, there are many brokers that make money deposits a pain in the neck for traders. How do they do that? Well, they keep making you pay fees and commissions on every move you make. Just because you want to put some money in your account for trading, they charge you a commission on your deposit. Yes, you will even have to pay commissions to your broker when you want to withdraw the profits you made on your trades. In other words, your broker is biting into the profits you are making on your trades.
That’s not the case when you sign up with Blix Group. This particular broker takes your ease seriously and that’s why it has some of the most convenient features for you to deposit money in your account. First of all, you can pick from a variety of methods to fund your account. You can go with a bank wire transfer, which is slow yet very safe. You can also use your credit or debit card. When it comes to depositing the money through any of these methods, you will notice that there are no unnecessary commissions. You have to pay these commissions in the form of fees when you sign up with other brokers and deposit money in your own account.
Learn before Making Your Money Available on the Market
When you start trading, you are putting your money in the market. As soon as you are live with your real money, you are a part of the market where you can trade just about any asset that you can think of. However, you want to learn trading before you do that. Not learning trading properly will cost you in many ways. First of all, you will notice that you are losing trades even when you look at the charts closely. Secondly, you will also find yourself sitting and doing nothing because you won’t know anything about the condition of the market.
On the other hand, once you have learned trading properly, you can even trade when the market is experiencing a slum. That’s how experienced traders keep trading. They are trading even when the market conditions seem unfavorable to most of the people who are new to trading.
You can use the training material that has been provided by Blix Group when you have signed up. Yes, you will have to start your paid trading account before you can take advantage of the education from this broker. However, you are going to love the fact that the trading material is updated and contains every important detail about trading that you want to know. Just because the market seems going down does not meant there is no one trading in it. Not only will you be able to trade in adverse trading conditions but you will also come out with profits once you have learned the art of trading.
Take Advantage of Leverage and Margin Requirements
You might not be aware of the idea of leverage if you are new to trading. What is leverage and how does it affect your trading in any way? Well, first of all, you have to know that it is a type of help that comes to you from the broker you have signed up with. Secondly, you will notice that this contribution is in the form of ratio. What does the ratio mean here? The ratio tells you how many units of currency you will have to spend for a particular contribution from the broker. For example, if the ratio says that the leverage you are getting is 1:20, it means that for every dollar that you spend on a particular trade, the broker is going to contribute 20 dollars.
In addition to that, you will also have to look at the margin requirements of the brokers. In many cases, the broker is offering you some great leverage, but everything seems ruined when you look at the margin requirements. First of all, do you know what margin requirements are? If you don’t, you can rest assured because you will know this definition once you have finished reading.
Margin requirement tells you how much money you must have in your account to enter trade. What it means is that when you are trading, you have to have some backup in your account as well. If you do not have that backup, you might not be able to enter the trade. Unless you have that amount of money in your account, you won’t be able to enter a trade and make profits.
Fly High with the Loyalty Bonus
You have to admire modern businesses for taking care of the needs of their customers so well. You will not find many brokers that do not offer you anything on your joining of the platform. Yes, that’s called a welcome bonus. The welcome bonus is credited to your account as soon as you sign up with the broker, provide ample information about your identity, and insert the banking details in the forms. However, Blix Group has taken giving back to its traders to a whole new level.
If you do not know already, you have a loyalty bonus once you have remained a customer of the broker for a certain amount of time. This loyalty bonus is available in every account type that this broker offers. Once you have started collecting the loyalty bonuses, you will be able to enter huge trades as well. You will not have to take advantage of leverage if you can use this particular feature properly. The best thing is that no broker is going to go without the loyalty bonus once he/she has signed up with this broker. This bonus is available to everyone, including people who have joined just today.
Keep Your Info and Money Private
When you sign up with an online broker, you have to provide it with your details and money. Now, at first, it might seem that your money is the most important thing but your view will change after a second review. Yes, money is important without a doubt, but your information is much more valuable than that in today’s world. The broker that you sign up with has to ensure that your money and information are safe with it. There are many ways for brokers to prove that they are taking care of your money and information.
When it comes to money, the broker has to make sure that it maintains your trading funds properly. There are certain security guidelines in the industry that the broker has to meet. The most important thing is that the broker should not keep your money with its money. That might not seem like a huge thing but you want to realize its importance without learning the hard way. Even the biggest auditing authorities in the financial world would recommend that your money should be maintained in separate accounts.
In addition to that, you have to make sure the information you provide stays safe. First of all, you want the information to be safe because you hate advertisements like other traders. Just because you are on a website that sells clothes does not mean you should be seeing clothes in the ads everywhere you go on the internet. However, that’s what happens when you sign up with an online service, provide your contact details, and the company shares that information with third parties without your consent. Secondly, you want your information to be encrypted to protect it from the many cybercriminals on the internet.
These people are always looking for ways to gain access to the information of the people who like to spend money online. They identify you, get a hold of your information, and then spend money from your credit cards without you ever knowing about the transactions. This has happened too many times with people to be called a rare incident.
Get the Help You Need while Trading
Just because you are new in the trading world does not mean you have to throw your money away in trading blindly. Unfortunately, it happens to a lot of new traders. They do not use the right tools that are available to them and end up losing the money they have. First of all, you should know that the web-based trading platform from this broker is one of the best you can get access to. You will be able to see the live charts of the assets as the market changes with time. More importantly, you will be able to trade whatever asset you want with just a few clicks on the charts.
You will also get a market review every single day so you know what the overall sentiment in the market is and what strategy will work best for you. Furthermore, you have the trading signals from the broker. You will be surprised to know that many online brokers make you pay more when you ask them to give you trading signals. These are the signals that have been generated by the most expert traders in the market. They tell you if you should purchase an asset and sell it later or sell an asset to purchase it later. These signals can be a great help for any trader despite the fact that they do not guarantee any results.
Have Someone for Help 24 Hours
Online brokers have this habit of staying away from their traders. They usually have a lot of traders as their customers from a lot of different countries. This causes them to receive a lot of calls every single day. To save the hassle, what they do is that they make emails and FAQs available on their websites. In short, you do not have any way of contact the broker through a phone call. Consequently, when you need urgent help from the broker, you can’t get any.
On the other hand, you have a broker like Blix Group that provides you with a phone number to call. You also have an email address on the website that you can use to send queries. Most importantly, the customer support representatives of the company are there for you from Monday to Friday at any time of the night and day.
Final Thoughts
There are a lot of things that online brokers can use to attract traders to their trading platforms. However, not all of them understand what really matters for the traders. If there is a broker that understands the very needs and pain points of the traders, it has to be Blix Group. If you have only $500 in your bank account, you can sign up with this broker and start trading with ease.