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4 Factors to Consider When Choosing Your Crypto Forex Broker | NewsBTC

Crypto has come a long way from its days as a fringe industry. It is a rapidly developing market with decent liquidity and hundreds of thousands, if not millions of participants spread across the world. To paint a picture of the sector’s increasing popularity, the trailblazing asset, Bitcoin, now commands over $200 billion in market…

Crypto has come a long way from its days as a fringe industry. It is a rapidly developing market with decent liquidity and hundreds of thousands, if not millions of participants spread across the world. To paint a picture of the sector’s increasing popularity, the trailblazing asset, Bitcoin, now commands over $200 billion in market capitalization.

With the boom in crypto and attractive features only unique to this industry, it is understandable that investors of all cadres are now flocking in, seeking to transform their lives through established crypto-forex CFD brokers like CryptoAltum.

Admittedly, as a promising niche emerges, hundreds of brokers are looking to add crypto assets and their derivatives to their services. Still, there exist major pain points facing a beginner trader: Landing on a reliable cryptocurrency platform.

Therefore, if you are sitting on the fence, not sure on how to proceed, these are the four important factors to consider when choosing a Crypto Forex broker:

1.    Setup Time

Thing is, the media is pushing out more stories about crypto and blockchain and how lives have been changed. This means, more people are eager to start out. Regardless of demand and network effects, it shouldn’t be hard to register and begin trading cryptocurrencies or its CFDs.

On average, registration and approval times should be less than two minutes. In the spirit of decentralization and trustlessness, signup ought to straight up without the hassle of scanning and submitting personal information.

At CryptoAltum, a trader can securely begin trading FX and cryptocurrencies in minutes straight from an easy-to-use MT5 platform packed with trading tools simply by using their email address and full names. No KYC. No AML.

2.    Payment Methods

The way you can move your hard-earned cash to and from the exchange is of utmost importance. Cryptocurrencies operate differently from traditional financial systems.

Therefore, when choosing an exchange, check their deposit and withdrawal support and associated fees.

Since you are dipping your feet in crypto, the one with cryptocurrency support tagging the lowest fees gives you an edge, not forgetting the convenience.

The speed of deposits should be instantaneous while withdrawals shouldn’t involve a lot of red tape. If possible, payouts ought to be processed within the shortest time possible.

3.    Fees

Talking of fees and commissions, the processes through which crypto-forex broker levy charges should be transparent as possible and ideally without hidden charges.

CryptoAltum has one of the lowest spreads in the industry without commissions in any of their over 60 crypto pairs on offer.

For instance, on a standard lot, CryptoAltum’s spread is just $3 which is on average 500 percent lower than what competitors charge.

4.    Client Support

Gone are the days when a client’s request took days to be addressed. The industry is evolving and so are customers’ demands. If they are in control, there is absolutely no way the broker will fail to instantly address their problems or answer questions that adversely impact their trading activities. And rightly so.

Not everyone is a professional trader. There are some aspects of crypto that remain foreign to many. Combining the best customer support and launching educational campaigns through webinars or guides is the best way to rank a broker.

CryptoAltum’s customer support is responsive and can be reached through Telegram and WhatsApp apart from email. Besides, through CryptoAltum, a trader can open a demo account to refine their skills as they receive daily technical analysis and fundamental news useful when making advised decisions.

To remain interactive, CryptoAltum conducts weekly webinars where their experienced trading team discusses several topics in blockchain and crypto trading.

To Cap it Up

Don’t compromise, always settle for a reliable, easy-to-use crypto and Forex broker with an unmatched user experience. CryptoAltum ticks these boxes and ensures that your transition into trading is smooth and successful.

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Online Trading platform SIRIX

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SIRIX|  Online Trading platform SIRIX Review

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Everyone that has been trading for some time has most likely traded on the metatrader 4 trading platform of metaquotes. This has been the standard in the industry for the last couple of years.

 

But more and more brokers Like CMSTrader and UBCFX are offering alternatives that might suite certain traders even better then the MT4 as they have a lower learning curve and are designed more intuitive.
One of these platforms is the Sirix Trading Platform.
The Sirix Trading platform is

Sirix, a fully packed trading software with numerous with numerous options and special indicators that are designed by the software company to present you with a personalized trading experience.

Positive features and benefits of the Sirix Trading Platform

Ease of Use: if you are a trader you will be able to access your Sirix trading platform and see all your trades and other information at any place and time. The Web-trader is a fully function trading platform that does not require you to do any download. This has more or less become the norm of the industry and if you for example take the Sirix Trading platform of LegacyFX you will be able to have a download desktop version, a web version and a mobile version.
these in general all have the same functionalities but of course is the mobile version a bit more limited due to the smaller screen real estate.

Indicators and Options: this platform provides build I more than 50 Indicators which for most traders is over kill but it does allow most traders to find the right indications to match their trading behavior and trading strategies.

The Charting Package that Sirix provides is easy enough to understand and gives you as a trader all the information you need, there are different time frames that in combination with the ability to display lines and annotations make this platform feel like it is designed for you.

Social Trading: Sirix has a full feature social trading module that allows you to watch the trades of others which might give you new insights and trading ideas. If you come a across a trader that is particular successful you are able to copy that traders’ trades and create a full automated copy trader,
You as the trader are still in charge and you have the option to trade with lesser or higher amount then the trader you are copying.
In order to use the social trading, you have to open an account with their social trading community.

This can only be done by using a nickname an order to protect you identity. When you are part of the community then you are part of all the brokers that offer this feature to their traders. Meaning you are able to follow a trader that is trading with 12trader while you are trading with account from UBCFX or any other broker that has Sirix.

Now I have to mention that if you look to only trade social then the Etoro Platform is still a better solution s this system is built only for social trading and they have pretty much defined the concept.

 


Sirix Crypto Trading Platform

this is the latest platform that was launched by Leverate.

it focuses , just like the name says more n the trading of cryptocurrencies.

as this company understands that this is the direction where the market is going and more and more traders are asking for trading in Bitcoin or ripple trading to just name a few they have added this feature to the Sirix Platform , this means that every broker that has the sirix trading platform is in theory able to offer trading in cryptocurrencies.

in addition they have launched also a platform that is only trading cryptocurrencies but that will be another review as i have yet to see and play with this system


Conclusion
The Software company Leverate has created a very user friendly platform with inbuilt social trading and news functionality. When they launched this platform in 2012 it was already a good platform but today it rivals the best of them easily.

The Intuitive aspect of this platform is one of the key features and makes the threshold of trading lower for newbies. There is also a fastn amount of Sirix Tutorials out there that will help even the total beginners with the Sirix Platform

Now of the traders that need bots and more indicators then there sis still nothing that beats the metatrader 4 trading platform but for many traders Sirix offers more then enough and makes the trading experience easier then with MT4.
More and more brokers are offering this alongside their other trading platform so you as a trader will come across more and more brokers that have the Sirix Trading platform in their arsenal.

These are some of the Best Broker for trading on Sirix

UBCFX
LegacyFX
12Trader
CMStrader

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Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Bringing DLT Specialists Together:

 

 On September 11, Sweden will host Blockchain & Bitcoin Conference Stockholm organized by Smile-Expo – international coordinator of business events.

The conference will introduce various topics regarding blockchain and will drive attention to the most topical problems of the cryptocurrency market today.

Key speakers:[yasr_overall_rating]

One of the invited experts is the Member of Swedish Parliament Mathias Sundin who is involved in the Tax Committee and the Finance Committee. The specialist has co-founded a revolutionary technological organization Warp Institute and joined financial company Goobit. At the event, the speaker will analyse the power of decentralized systems, evaluating its long-term strenghts.

Head of Digital and Innovation at Landshypotek Bank Merete Salmeling will deliver the presentation, too. She will explain how DLT can be integrated into the real estate, and what advantages it brings.

President of Blockchain Alliance Europe Tanja Bivic Plankar will join the conference as well. Being an initial coin offerings expert, she will share knowledge about ICOs, describe recent innovations in the token sale sphere and talk about the regulatory framework.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

Regulatory and legal challenges coming with innovations will also be discussed by Dr. Guenther Dobrauz-Saldapenna – Partner & Leader PwC Legal Switzerland. The speaker is a lawyer, VC investor, and banking specialist. He provides business consultations and has already written 10 books discovering innovative processes, money and technology.

See the full list of Key speakers here

Blockchain & Bitcoin Conference Stockholm is the second crypto event in Sweden carried out by Smile-Expo. The company has already held 40 successful crypto conferences in 25 countries.

Use an opportunity to meet leading DLT specialists, ask questions and learn new topical information about the blockchain industry at first hand at the conference!

Blockchain & Bitcoin Conference Stockholm

Details of the event and registration are available on the official website of Blockchain & Bitcoin Conference Stockholm.

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Go Visit the Blockchain & Bitcoin Conference Stockholm

Go Visit the Blockchain & Bitcoin Conference Stockholm

The Blockchain & Bitcoin Conference Stockholm is a highly anticipated crypto event in Sweden.  and is being held for the second time.

after the success of the first one they look to make this event a annual one.  since the crypto industry is going more and more out of the shadows and becomes more mainstream you will find that the quality of people involved also grows.

this is clearly displayed in the extensive list of speakers at this event.

Event goals:

bringing together the international business community in order to share their experience of integrating blockchain and cryptocurrencies; discussing blockchain industry issues and finding ways to solve them; encouraging a balanced growth of the cryptocurrency market.

Conference topics: 

  • blockchain in various sectors: energy industry, real property, newsmaking etc.
  • Legal regulation of the blockchain sector
  • token models and their application
  • ICO regulation.

Speakers:

the list of world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers is impressive and should get this event the notice it deserves.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

who should not miss this Event :

investors, business people, lawyers, startup founders, and those aiming to launch a token sale.

why should not miss this Event :

:to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.

Prices of the Event

Standard ticket  – 240 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

Student ticket – 121 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

A valid student ID should be presented at check-in. No refunds on the day of the event.

Buy Your ticket Now


Blockchain & Bitcoin Conference Stockholm is a part of the series of Blockchain World Events held in 25 countries. The organizer is Smile-Expo International Company.

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