When you tell people they need to do their homework, their response is invariably to ask what’s in it for them. In the case of a college student, there’s a clear, irrefutable answer available. But, if all you’re trying to do is open an online trading account, you may just want to skip all the research and choose what’s ready at hand.
Rather than learn this through hard experience, take our word for it: There’s a big difference between what the various online trading platforms will offer you, and your choice of broker will probably influence your trading experience quite significantly. All you have to do is read a few broker reviews to see the wide spectrum of experiences people have with online trading apps.
Not only that, but even when it comes to well-regarded brokers, not every one of them makes registration as quick and easy as you want, and not every one of them allows you to pay in the way you prefer. Starting to trade online is, among other things, a practical matter that has to be time-economical and fit in with your schedule. Needless to say, your platform should also offer you a good deal of high-tech trading tools and features to enhance your trading experience.
To save you the legwork, we’ll outline the solutions offered by iFOREX – one of the world’s leading online brokerages – to some of the more practical issues in financial trading.
Deposits and Withdrawals
iFOREX customer reviews tell the story of a refreshingly easy deposit and withdrawal process, without any considerable hurdles you’ll need to leap over. For a start, you can choose to deposit money in your trading account by either online or offline methods, including bank wire, eWallet, credit card, or debit card. The process is swift, and you can be in close contact with iFOREX customer support to guide you, if you need. Contacting technical or customer support at iFOREX is simple and effective, and you can do it by phone in your choice of language, or by email if you prefer.
With respect to withdrawing your money, iFOREX again made things straightforward. Once you’ve logged onto your account, just click “Withdrawal” in the “My Account” tab; then fill in the relevant fields and click “Continue”. A form will be issued, showing the details of your withdrawal request. Print it out, sign it, and send it in. When iFOREX receive it, your funds will returned to the card you originally used to deposit with. Your earnings can be sent to any other bank account of your choice.
iFOREX will process your withdrawal request within days, so any delays you experience will probably come from your payment provider. Remember that wire transfers can take between three and five working days to show up on your side.
Legal Matters
The other big admin issue you’ll need to iron out before starting to trade is your due diligence on protecting your funds. It’s highly unadvisable to deposit money with an unregulated trading brokerage, and, if you do, you seriously risk losing it at some point. On this score, you can know that iFOREX is owned and operated by Formula Investment House Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). iFOREX’s track-record in legal matters is pristine, and its list of satisfied customers extends all the way back to 1996.
The iFOREX Package
Turning now to the special qualities of the iFOREX platform itself, we can start to appreciate its enduring popularity. Go to the education hub to teach yourself, speedily and efficiently, about any one of a variety of topics in CFD financial trading. The guides and articles are designed to get you where you need to go, not to waste your time, but they’re also clear and thorough. There’s also a range of focused video tutorials, if you’re in the mood to learn in a visual format.
Check out iFOREX’s stream of financial news to keep your finger on the world’s economic pulse. Take advantage of the chance to get one-on-one training with a professional trading coach too, which is not to be sniffed at. And, when you feel ready to start trading, take a breather, pause, and start out with iFOREX’s free demo account. This way you can get the feel of actually using the app in real-time while knowing that none of your real money is at stake.
Summing Up
Your trading experience at iFOREX has been carefully designed to suit you, from registration to building up your knowledge base to opening your first deal. The platform is made by real financial traders for real financial traders, and offers on-the-minute price updates and trading signals, not to mention the power to benefit from charting techniques whenever you need them.
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