Anyone who has had an interest in trading is aware that you need a broker to get things rolling. Even though trading has also shifted online thanks to the internet and the technological boom, but people still need a broker to facilitate trading. Nonetheless, there is no need to be concerned because the market has a ton of brokers and it is not very difficult to find a list of options to choose from. But, it is important to do your own research into a broker and not just rely on the information you come across. There is no one-size-fits-all approach that can be followed here because a broker that’s suitable for one trader may not work out for another.
Some brokers offer low cost of trading, but only have limited trading instruments available. Similarly, you will find brokers who put a great deal of emphasis on security, but don’t have a lot of tools to offer. Does that mean there is no good broker in the market? There are some excellent and comprehensive brokers that you will find and one of them is Midaswms. This brokerage is dedicated to providing its clients the best services they can get without charging them hefty fees in the name of commission and other costs.
Launched by a company called Digital C Media, which is based in Saint Vincent and The Grenadines, Midaswms has put in time, effort and money into developing a trading platform and environment that allows for seamless trading. Why is Midaswms the best choice for traders? It is primarily because of the following notable features it provides:
Extensive Trading Products
The trading products are your priority when you decide to trade; if you don’t have access to the instruments you want, nothing else matters. Thus, this is the first feature of a broker to be considered and Midaswms has done a great job at providing every trader with an extensive range of instruments to choose from. When you opt for this broker, you can trade stocks of various public limited companies like Coca Cola and Apple or you can invest your money in precious metals or other commodities. The broker also enables you to trade indices like FTSE 100. Midaswms has also added energies like crude oil to the mix and most importantly, you can jump into the currency market as well. Suffice it to say, the broker enables you to diversify your portfolio as much as you want.
Range of Trading Platforms
The software used for executing trades and monitoring them is referred to as the trading platform. If you do some research, you will discover that there are platforms from different companies as well as different types of platforms. For instance, there are those that can be accessed through the web browser; others have to be downloaded on a device. Likewise, due to high demand, mobile trading platforms have also become a trend. Most brokers will offer you one kind of platform, but Midaswms has proven to be unique.
This broker offers you all three kinds of platform, which are developed by the MetaTrader 4. You can use the mobile apps for Android and iOS devices, the WebTrader platform accessible through the browser or the desktop client that can be downloaded and installed easily. No matter which option you choose, the MT4 delivers smooth performance through a highly intuitive user interface. It boasts some of the most innovative charting tools, trading signals and indicators. The best thing about these platforms is that they are highly customizable and have great security measures included.
Easy Registration Procedure
Before you can begin trading, you are required to register with a broker. Some traders complain that brokers have lengthy registration procedures that require a lot of paperwork and ask for a great deal of information. Moreover, once they have fulfilled the requirements, they have to wait for approval before they can move onto opening an account. Midaswms doesn’t go down this route because it has a quick registration process that you can complete in a few minutes.
The broker only asks you to provide your name, email, password, location and phone number. You are also asked to choose an account currency from three options, which are EUR, GBP and USD. Once you are done, you can instantly shift to the next stage, which involves selecting an account option.
Different and Unique Investment Plans
Not every trader has the same amount of capital, risk tolerance or even the same goals. Therefore, offering a standard account option for everyone is not really beneficial from the viewpoint of traders. It can create lots of issues and many traders will eventually back out. To assist traders, Midaswms has introduced four account options, which are Gold, Diamond, Platinum and Midas Partners. The minimum deposit requirement for each of these are $10,000, $25,000, $50,000 and $100,000 respectively.
All of these live accounts come with a dedicated account manager for assistance. Furthermore, 24/5 customer support is also available and leverage remains same at 1:200. The broker also allows you to copy successful traders to make profits, thanks to their improved and effective strategies. The spreads vary for each account type; they become tighter as you progress. There is no commission or trading fee applicable in any of these account options.
Customer Support, Education and other Tools
Lastly, Midaswms has provided its clientele with some services that may not be directly related to trading, but can have an impact on your winning trades. The broker offers strong customer support through multiple channels, including phone, email, live chat and web contact form. They also have an education center on the website where basics and some advanced tactics can be mastered. To top it off, Midaswms has added a wide range of trading tools that can be used by the traders for making smarter decisions. Some of these include trading signals, live rates and economic calendar.
Final Thoughts
With a broker like Midaswms, you can find everything you need in one place and don’t have to change brokers as you gain experience.