In this review of eftrades.com we will provide a comprehensive overview of the broker and all the features of its platform. It is not a scam, and our in-depth review shows how it is a brilliant intermediary at the forefront of providing online financial investment services. The platform is rich in operational tools but at the same time very easy to use, making it suitable for both experienced and novice traders.
Is eftrades.com a scam? Absolutely not. On the contrary, this company can safely be considered as one of the absolute most reliable platforms that exist on the market today. Both because, as we shall see, it boasts several licenses from major regulatory bodies. But also because it enjoys excellent reviews from experienced traders.
With an extremely low minimum investment it allows you to invest risk free in a wide range of assets:
- stocks, both of the US market and the main world markets, with the possibility of investing in all the best performing companies of the moment;
- Forex and currencies: all the main pairs are present and you can invest using leverage as well;
- commodities: also with fractional contracts, with no minimum entry barriers;
- cryptocurrency markets: all the major cryptocurrencies of the moment are present.
Tokenized assets are gradually gaining ground, becoming an effective way for consumers to gain exposure to major cryptocurrencies without directly owning them. Instead, they own shares in a fund in the form of tokens.
Advantages of eftrades.com platform
Eftrades.com has on its side additional advantages for those perhaps entering the markets for the first time. With this exchange platform you can in fact:
- use a web interface with a shallow learning curve;
- choose the demo platform for as long as you want, through which you can invest virtual capital without fear to lose capital for real;
- use social trading, which, however, we will discuss extensively later.
Eftrades.com is definitely one of the first platforms to consider for your investments, especially if you intend to trade on different markets and take the opportunities that come even from markets that you would not have access to with direct platforms.
Cryptocurrency trading on eftrades.com
Since cryptocurrency market is unregulated, the industry has been fluctuating, highly volatile and characterized by unpredictable volatility. The best way to find out if cryptocurrencies restrictions are in place in the market is to check the information that can be accessed from the trading ticket.
Please remember that you need to follow a particular cryptocurrency closely and for a time significant period before you decide to invest in these risky assets. Your goal should be to minimize the risks of any potential loss and develop a diversified set of financial assets investments.
Regarding supported cryptocurrencies, eftrades.com ensures a wide coverage in this respect. In fact, all major cryptocurrencies in the market are supported: Bitcoin, Ethereum, Litecoin and many others.
Registration on eftrades.com, costs and fees
Creating an account on eftrades.com is not a particularly complex task: it only takes a few simple steps to do so. First, log in to the official website, then enter your email under the “Email Address” field, press “Submit” , and verify your account. The procedure is finished: you have created your account on the platform and can start trading.
Eftrades.com’s fees are the most competitive and affordable on the market. There are no fees on deposits or withdrawals (on the latter you only have to pay the transactions fee). The cost, as is normal for an exchange, is on exchanges between cryptocurrencies.
Is eftrades.com secure?
Yes, eftrades.com has become a reliable trading platform. It was not in the beginning, but over the years it has worked hard to offer its users the most reliable service. On the net you can find even negative reviews, but they are quite dated. Certainly, there is some work to be done on support, which many users still complain about now.
Eftrades.com offers several security-level features. First, it provides a two-factor authentication, withdrawal protection, and secure encryption. for the purpose of meeting users needs, introduces in a simple and cost-effective way a new technology that can offer flexibility in data and report production, automation in terms of data quality, and improved data management for analysis and inspection purposes. Eftrades.com implies significant changes in the approach to compliance for banking institutions and, as a result, poses new challenges to the infrastructure capabilities of regulatory political norms.
Summary on eftrades.com
Eftrades.com is not a scam: it is a very well-known, reliable, solid and secure cryptocurrency exchange. Even when there are the physiological complaints – which we can also find on certain sites dedicated to review – no one has ever accused eftrades.com of not fulfilling its commitments. The funds are secure and there have been no cases of embezzled money or crypto. At first glance we immediately see that it is an easy-to-use platform, especially to make sure that customers can use it without encountering too many difficulties.