WorldStocks Review — Does It Suit Both New and Experienced Traders?
As a new trader, you might be looking for a broker that you can trade with right from the start without any challenges. Of course, there will always be some challenges, but you want to reduce them as much as possible by picking a broker that has designed its features for you specifically. The problem with this approach is that you will be thinking short-term. When you sign up with a broker that only provides services suitable for new traders, you are preparing to switch the broker when you become a professional. That’s not a good thing to do in my opinion.
I believe, when you have started with a broker and this broker has given you everything that you wanted, there is no reason to switch. If you have trusted a broker for a year or two, why should you start off from scratch and take the risk of signing up with a wrong broker? Why not stay with the broker that has proven to be great already? Of course, if that’s the case, you want to pick a broker that can serve you equally well as a new as well as an experienced trader. And that’s where I always quote WorldStocks. I believe this broker is the most wholesome you will find out there. How come? Well, let’s find out in this WorldStocks review.
WorldStocks for New and Experienced Traders
· Safety Is for Everyone
Whether you are a new trader or an experienced one, the security of your information and money is the most important thing to you. When you sign up with a broker, you have to find out what it does to protect the information that you will be providing over and over to it and about the money that you will be depositing frequently in your account. You cannot risk signing up with a broker that does not have a solid answer and strategy against the many ways of stealing information that are in place these days. Your broker should have the latest technology to its disposal to help protect your information and money.
I can tell you with confidence that you will not have to worry about the safety of your information and money when you sign up with this broker. It has taken the best measures that the industry’s leading brokers take for the protection of their traders’ information and money. So, if you are thinking about the safety of your information, you have to look at the SSL certificates that are properly installed on the website of the broker. This means, all the information that you provide on the website will be encrypted for you. The encrypted information cannot be stolen by someone. Even if they do steal this information, they can’t make heads and tails of it.
On the other hand, you have to worry about the security of your money that you deposit in your account not only when you are signing up, but also when you refund your account to trade more. So, when you deposit funds in your account with WorldStocks, you will rest assured that the broker has maintained segregated funds for you. This means all the money you deposit will go into a bank account that the broker as created only for the funds that are deposited by the traders. The broker will not put your money in its own account.
· Regulation Is Your Right
You might not have seen it this way until now, but I have to tell you that the regulation of the broker that you are thinking about signing up is your right. It is the sign of a responsible broker that it obtains proper regulation. The regulation means that there is a financial regulatory authority that will be looking into the matters of the broker. It will keep an eye on everything that the broker does. This means when you deposit your funds with the broker and information while signing up, the broker has to follow the regulations of the industry in keeping your information safe and money in safe hands.
However, not every online broker that provides you with a trading platform is regulated. Some unregulated brokers will try to tell you that you should not worry about regulation, but that’s not true. Yes, there are some brokers that are operating fairly without regulation, but you cannot pick them out that easily. So, you should consider signing up with WorldStocks, a broker that you know is properly regulated. FSA is the regulatory authority that regulates and monitors the broker through all the authorized methods.
· Lots of Assets for Trading
Let’s discuss this particular case. Is the availability of a lot of different assets for trading any good for new and experienced traders? Or they can do with just about any number of assets? Well, you have to learn this with care if you want to know the importance of a big asset index. There is a reason the brokers that have a lot of assets to offer are more confident with their services. A big asset index is important for both, new and experienced traders. When you are a new trader, you have to make sure that you have enough options to pick one that suits your trading style.
Not all the assets are good for you just because they look good on the charts. You might see Bitcoin on the chart and think that you can make a lot of money by trading it. Of course, you can do that, but you have to know the caveats associated with trading the biggest cryptocurrency of the world as well. When you trade Bitcoin, you have to deal with some great volatility. If you don’t have a lot of funds in your account or you cannot take any setbacks, you should not consider trading such a volatile asset. If your approach is on the safe side, you should go for assets that you can trade with confidence.
There are certain assets that will not move too much and so you will never have a huge loss even if you have one. For example, if you are trading a GBP/USD currency pairs, you will not see any huge movements that could cause you a loss of hundreds of dollars in just one night. Of course, exceptional cases are always there but I am just trying to tell you what generally happens in the financial markets. So, you have to make sure that you pick an asset that matches your trading style. And for that, you have to have a lot of assets available to you. This way, you can pick and choose to find the one that you know will benefit you the most.
In the case of experienced traders, they consider the diversification of their portfolios as the most important things in their trading careers. What is diversification and why it matters to experienced traders? Well, diversification means that the trader has invested in many different assets over the course of its trading career. Why has the trader done that? Well, because the trader does not want to put all the eggs in the same basket. If you are trading only one asset and it goes down, you are going down too.
However, you never want to do that once you have become a professional trader. You want to invest in a lot of different assets so if one goes down, you can still cancel its effects with the one that goes up. This is how diversification works and that’s why experienced traders are so after it. Now, for a trader to do this, they have to make sure that they have a lot of different assets available for trading. That’s where the broker comes in and provides the trader with many different assets for trading. That’s where I believe WorldStocks is doing a great job as well.
You have many brokers on the internet and they have some great assets to offer, but WorldStocks is nothing less than them. It provides you with assets in a variety of financial markets. You can take a look at the asset index of the broker yourself and understand. The broker has commodities, stocks, forex currency pairs, indices, and even cryptocurrencies available for you to trade. In other words, there is nothing that you cannot trade with this broker. To be precise, you have more than 200 assets that you can trade once you sign up with WorldStocks.
· Trade CFDs and ETFs
This is yet another area where I think WorldStocks stands on top of all other brokers out there. You will find a lot of different brokers providing you with unique services to be different and your favorite. However, not everything can impress you when you are a trader and you know what matters to you. So, if a broker is offering you a lot of assets, but no flexible trading conditions, you will know that you don’t have to sign up with it. When you think about the unique factors of the brokers, I have to tell you that WorldStocks has something completely different to offer. This broker really understands what the traders are looking for.
WorldStocks is providing you with two completely different types of instruments that you can use for trading. The broker has given you the liberty to trade CFDs or ETFs. That’s something you will not get from most other brokers out there. I have researched online brokers and that’s why I know a few things that you might not know right now. The broker provides you with CFDs and ETFs, which means that you can trade the same assets through two different vehicles. When you trade ETFs, you will be trading a lot of different assets in the form of baskets. But that’s not the case when you trade CFDs.
CFDs are contracts for difference that allow you to trade any asset of your choice. You don’t have to trade assets in a bundled manner when you trade CFDs. You can invest in gold, platinum, silver, gas, oil, stocks, forex currency pairs, cryptocurrencies, and much more when you trade CFDs. The best thing is that you will be getting a lot of different leverages and other perks as well when you trade CFDs. Just to tell you the truth, CFD trading is one of the most popular ways of trading these days. I can tell you that there is no other great broker that will provide you with both these instruments in the same place.
· The Trading Software
You will not be disappointed with anything when you sign up with WorldStocks. I have felt that myself because I signed up with this broker just a year ago. I can tell you that it offers you a lot of stuff that most other brokers don’t even think about. So, the first thing you will notice different about the trading platform from the broker is that it offers you two different types. Just because you are trading CFDs and ETFs with the same broker does not mean you have to use the same trading platform as well. These two instruments have completely different dynamics, and that’s why you should get access to two different trading platforms for trading them.
You will love the fact that you have two different trading platforms for trading CFDs and ETFs. The broker has arranged two world-class trading platforms so you can feel great while trading no matter which asset you are trading. Now, since the broker provides you mainly with CFD trading, that’s the type of platform I will be focusing more on. Of course, you can always visit the website of the broker and look at the information there to know what you will find on each trading platform in further details.
So, when it comes to trading CFDs, you will not find a trading platform in the world better than MetaTrader 4. This trading platform has been known as the king of all trading platforms in the world of online trading. There are some brokers that have their own trading platforms, but they still offer you the option of signing up and using the MetaTrader 4 trading platform. That’s where you know the trading platform is unavoidable. Now, you will be getting access to this trading platform no matter which particular trading account you sign up with WorldStocks.
Once you are on this trading platform, you will have everything in your access. Whether you want to look at the modern and advanced charts or learn trading on a trading platform fast, this software will not be a hurdle for you. The problem with the trading platforms that the brokers create for their traders is that they are usually not trader friendly. You will have to spend a lot of time learning those trading platforms. On the other hand, MetaTrader 4 is the most user-friendly and used trading platform out there that you can get access to with any online broker.
Talk about technical trading tools, and you have more than 20 of them on this trading platform. In addition to that, you will also have many indicators to help you with your trading. You will never have to worry about whether will run on your computer and smartphone or not. This trading platform from WorldStocks is there for you on every device that you own. You can even use it on your Windows and MAC computers. It runs with the same smoothness when you have it on your mobile devices. In other words, the trading experience that you will have on this trading platform will never be compromised no matter which device you are on.
· Algo Trading at Your Fingertips
So, the world is becoming more and more advanced with the passage of time. You have the ability to sit in your home and trade in many markets around the word. If the financial market has closed in your country, you can still trade on the trading platform in some other country because their markets will be open. That’s what technology has achieved for you. In addition to that, you don’t even have to rely on other people to teach you what trading is all about. You don’t have to pay anyone to do the analytical processing for you to find out the best patterns in the market.
You now have all the indicators, trading tools, charts, and graphs in your access when you use the trading platform from the comfort of your home. However, trading has looked like this for many years now. Since the coming of trading platforms and internet, trading has been in this shape. There is something new that has to come in this world. The good news is that something new has already come in the world of online trading, and that’s algorithmic trading. Yes, you can now trade through algorithms, which means you don’t have to trade manually every time you want to trade in the market.
Algorithmic trading is something that not all online brokers are offering you right now. You have to find the best brokers in the market to use this type of feature. Through this type of trading, you will be making money even when you are sleeping. Of course, that’s not magic. You have to set everything for yourself to trade successfully. The only thing that the automatic trading platform will do for you is that it will trade on your behalf. It will trade fast, and since you are the one who will set all the filters and parameters, everything will happen according to that.
This is the type of trading that traders have been looking for in a while, and now you have finally got it from WorldStocks. There are some other brokers that provide you with algo trading features, but not many. From my experience of researching only these brokers, I can tell you that WorldStocks is one of the most impressive ones out there that has designed some great features for you to trade successfully.
· The Accounts for Traders
It all comes down to the trading accounts that the broker has provided you with. When you sign up with an online broker, you have to pick one account from the list that the broker provides you with. You can pick an account based on your experience in trading. Or, you can pick an account based on the amount of money that you want to invest. Here, you have to know that you will have to spend a specific amount for opening each account. The best thing is that when you sign up with a broker like WorldStocks, you will be spending only as much money as you have.
If you don’t have a lot of money and a huge budget, you can go with the Essentials account. This account will allow you access to trading all the different assets that I have mentioned above without any restrictions. However, you will have to spend only $250 to start with this account. Even if you want to go one step ahead and sign up with the next account in the list, you will not have to spend more than $1000. The minimum leverage available to you is 1:50, which is already huge. However, if you want something more, you will get leverages of 1:150 if you go with the most advanced account. The tightest spreads that you can expect from the broker are 1.1.
So, you can see why I called WorldStocks a wholesome broker. I have tried and tested many brokers when I was looking to sign up for the first time. I can tell you from my experience that all of them were missing something, but when I looked at the features of WorldStocks, I was sure that this broker was not missing anything. You get a world-class trading platform and flexible trading features. Not to mention, you get to trade with a regulated broker, which is the first recommendation from any expert who will advise you on trading online. So, the final decision is for you to make.