In the last decade or so, the cryptocurrency space has attracted a lot of attention from investors and traders from all over the globe. The potential to earn massive amounts of profits in a matter of days due to the volatility of cryptocurrencies has drawn in a huge number of people in the financial markets. Obviously, like every other instrument, traders need brokers to trade cryptocurrencies as well. In order to keep up with the huge influx of traders in the market, the demand for cryptocurrency brokers has also grown. Sure, some of the other existing brokerages have also added cryptocurrencies to their list.
However, the fact is that cryptocurrencies are unlike any other trading instrument and require some unique offerings. Therefore, it is better to search for a broker specializing in crypto in order to make your mark in this market. When you begin your search, you will certainly come across a horde of options to choose from, as the increase in demand has prompted a number of such brokers to be established. Nonetheless, you need to bear in mind that no two brokers are created equal. Your goal should be to find a trustworthy broker that can help you trade in this new market easily.
Neuer Capital is one such broker that you will find, which offers crypto CFDs to its clients. This brokerage is offering its services to global traders and was founded by Expand Solutions Ltd, which is registered in Seychelles. But, why should you opt for this broker? There need to be some strong reasons for you to consider it over other options. Find out what they are below:
Reason 1: Easy Registration Process
Registering with a broker is required to use their services and Neuer Capital has kept their process quite easy and straightforward for their clients. You don’t need to sign a contract, provide extensive and unnecessary information, agree to vague Terms & Conditions or wait for approval. The broker has kept registration simple by requiring their clients to fill out a single form on their website. The form only asks for the basic information needed for creating your account with the broker where you will be able to deposit your funds and start trading cryptocurrencies.
Reason 2: A secure Trading Infrastructure
As the crypto market is unregulated, it is a given that there will be security risks associated with it. Luckily, there are some measures that can be taken to minimize these security risks and Neuer Capital has done a good job of doing so. Their aim is to create a secure trading infrastructure and they have accomplished this goal by using 100% SSL (Secure Socket Layer) encryption for protecting all information and any communication between them and their clients. They also audit their security system regularly to close any loopholes or vulnerabilities. The broker has adopted Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures for additional security.
Reason 3: Variety of Trading Options
It is true that the crypto market began with Bitcoin and for a long time, it was the only cryptocurrency that people knew about. But, things have changed greatly since then. Now, there are a ton of other digital currencies that have also earned a strong position in the market and are more than capable of offering high returns to traders. The only problem is that most brokers you will find don’t really offer that many choices in regard to cryptocurrencies.
This can be very frustrating for anyone who wishes to take advantage of trading opportunities as much as possible. With Neuer Capital, you don’t have to worry about choices because the broker has added a variety of crypto to their offerings. The broker is well-aware of the demand of the top crypto like Bitcoin, Ethereum, Ripple and others, but it is also familiar with the potential of some other options like NEM, Bitcoin Cash, Litecoin, and Qtum.
You can trade as many cryptocurrencies as you want for diversifying your portfolio and minimizing your risks.
Reason 4: Trading Platform and Apps
The trading platform offered by a broker often determines their standard and a number of brokers can be very disappointing in this regard. They work on creating impressive websites and make tall claims, but very rarely do they actually live up to them. Since a trading platform is the primary software used for trading in the market, it needs to be one that enables you to trade smoothly and easily. To accommodate its clients, Neuer Capital has developed a proprietary web trading platform, accessible through its website, thereby eliminating the need for any download or installation.
The platform is robust and offers one-click trading, superior trade execution, advanced charting tools, analysis and graphical tools, price alerts, multiple trading orders and numerous other features. They have used the most innovative technology and give flexibility to their users. Along with this trading platform, Neuer Capital has also added mobile trading apps for iOS and Android devices that are a good option for modern traders who enjoy trading on the go.
Reason 5: Multiple Account Options
One of the most appealing features of Neuer Capital is that the broker caters to traders of all backgrounds and trading levels. It doesn’t matter whether you are a newbie or a seasoned trader, this brokerage can facilitate you quite easily. In order to do so, they have come up with six account options, giving their clients the freedom to choose one in accordance with their trading style and risk tolerance. These account options are Basic, Bronze, Silver, Gold, Platinum and Black. The minimum deposit needed for opening an account with the broker is €1,000. These accounts are enriched with features, such as pro webinars, customer support, daily trading reviews, one-on-one trading, educational access, trading signals and account managers, to name a few.
Considering the reasons outlined above, it is apparent that Neuer Capital can be a good choice for traders when they wish to explore the opportunities offered in the cryptocurrency market.