Stepping into the financial market is a great way of earning additional income. Although it is risky to invest in assets whose market value fluctuates all the time, you can earn great profits if it is done right. For that, you need a trustworthy broker that offers you complete transparency for all transactions, as well as trading tools that aid your investment decisions.
You will come across many brokerage firms on the internet so it may be difficult to decide which one you want to sign up with. This is one of the main challenges that new traders face when they step into this business. To make it easier for you, I have decided to share my experiences with different brokers to make the choice easier for you. I will talk about one of the impressive brokers Global CTB and describe some of the services it offers. I will make no empty claims or sing false praises in terms of the services it offers. So, you don’t have to worry about wasting your time by reading a biased review. So, without further ado, let’s take a look at what this broker offers to its traders.
Services and Features of Global CTB
- Small Initial Deposits
Signing up with a broker is like opening a bank account. Basically, when you open a bank account you have to pay an initial deposit to register your account. Similar to that, when you sign up with a broker, you need to deposit an initial amount to activate your account.
Often you will find that the minimum initial deposit amount is high even for the basic accounts. This is unfavorable for new traders because they will not be comfortable in paying large sums when it is their first time with the broker. Keeping this factor in mind, Global CTB has set a minimum initial deposit rate of just $250 for its basic account. It also does not charge any hidden fees or commissions from the deposits. The small initial deposit rate makes this broker a good choice for new traders. This rate increases as the accounts upgrade.
- Advanced Trading Platform
The trading platform of the broker is the software you use to access the financial market. Since all of your interactions with the broker will be done through this software, it is important to pick a broker that provides the most advanced services.
Global CTB offers a web-based trading platform which means that you do not have to download any additional software to your device to access it. I, personally, prefer the web-trader over the downloadable software because it is compatible with every device. You can use this on your desktop pc, laptops, Macs, iPhones, iPads, Android devices by just visiting their website. The platform offers a variety of trading tools and has a user-friendly interface. This ensures that you have a peaceful trading environment to conduct your business in.
- Trade Tools for Better Investments
Trade tools are services provided by the broker that assist you in picking the right deal to invest in. This means that the broker provides you with various tools that give you the important information and possible predictions which make investments safer.
Global CTB offers you various trading tools to give you a trading experience with more high returns than losses. The assisting features that this broker offers you include market rates, one-click trading, charting solutions, ICO calendar, and many more tools. You can take advantage of these tools to make smart trades on the condition that you have gone through all of the educational material provided by the broker. If you do not know how to use these tools, then you should spend some time familiarizing yourself with their purpose.
- CFD Trading
This broker allows you to trade with CFDs, also known as Contract for Difference. With CFDs, you participate in a trade by signing a contract with a broker that has an expiration date. The feature of trading with CFDs is available for all assets supported by Global CTB. The benefit of trading with CFDs is that you can invest in more than one trade at a time since you are not actually purchasing the asset.
However, trading with CFDs is as risky as it is beneficial because large profits from these trades can turn into huge losses. You should carefully consider the potential of an investment before proceeding with it because the financial market is very volatile. I suggest new traders invest in one asset at a time when trading with CFDs because you may end up facing larger losses than you can afford to overcome.
- Reliable Customer Support
You need to have faith your broker will provide you with top-quality assistance when you need any help. Since most brokers operate worldwide, traders invest from different parts of the world. So, due to the time differences, the customer support services need to be available at any time of the day to assist customers from across the world.
Global CTB offers reliable customer services to assist you with whatever problems that you may have at any time of the day. You can access the customer services of this broker 24 hours a day 5 days a week. The methods of contact include emails, phone calls, a live chat feature, and an online contact form. You will receive timely assistance when you reach out with your problems. I would suggest that you contact them during their stated working hours to receive immediate responses from the team.
Conclusion
I have stated my mind about the observations I made from my experience with Global CTB. My overall experience with this broker was good as it offers many features to facilitate the traders. I have added Global CTB to my list of top ten brokers because of its services and the easy-to-use and navigation friendly trading platform.
However, if you are someone who is looking to sign up with this broker, I would suggest that you do your research in addition to reading this review. It is a rule of thumb to try out the features of a broker yourself after reading a review if you consider it to be a potential candidate.