One of the common trends you will notice with online brokers is that they offer you a lot of choices. These choices are usually made available to you as soon as it comes time for you to pick a trading account. After that, there are many other instances where you are given choices. However, I have noticed that these choices are sometimes given only for the sake of it, and not to offer you any value. On the other hand, my CTproz review will talk about this broker because I think the choices offered by this broker make a lot of sense. Here is how.
The Account Types
The account types are different gates that give you entry into the world of online trading. How many features you can enjoy as a trader depends on the account you pick. However, what’s even more important is the fact that there are different types of traders, each with a different budget limit. Some can afford big upfront costs while others can’t. If you are just starting out and you want to start with a small budget, you will surely love the first account on the list of 5 trading accounts form this broker. Quite cleverly, the broker has named this account the Student account.
Why is it called the student account? Well, because even a student can start this account and begin trading. It requires you to deposit only $250 and begin trading with leverages of x1. The next account on the list is called Standard and you can open that with only $5000. These choices from the broker make sense because they cater to different types of traders.
Deposit Method Choices
Another area where you will be given choices by the broker is when it comes to depositing funds. CTproz allows you to use one of the many methods for depositing funds to offer you full convenience of banking. Firstly, you have the debit or credit card option, which means you can use your credit card or debit card with a Visa logo on it. Another logo that works is the Mastercard logo. Why so many traders pick this method is that they are able to transfer funds within a few minutes. You can do the same if you go with the wallet option. In the wallet options, you can go with e-wallets and crypto wallets.
One of the methods that the world relies on is the bank wire transfer. Before you read more about this method, it is important to know that it can take some time. A bank wire transfer might take 3 to 5 business days before funds appear in your trading account. However, for those who have always used and trusted this method, they can use it with this broker. You can use the same method when you want to withdraw funds from your account.
Learning Methods
Last but not least, you cannot ignore the fact that you will have a variety of ways to learn trading when you are with CTproz. CTproz has made sure that its traders get the best trading education in the world. It has made sure to put all of its training materials in the form of proper courses. So, you won’t see random tutorials appearing one after another. Instead, you have them arranged in a sequence so you can go from basic trading education to advanced education.
Of course, you can choose the method that suits you. Ebooks and videos are great for learning at your own pace whereas webinars make sense for getting information about the ongoing trends.
Final Thoughts
There is nothing wrong with having a lot of choices when you are a trader. However, these choices should make sense and offer you some value. I think CTproz has done a good job of offering you choices exactly where you need them. Its online trading platform is complete and definitely worth a shot for anyone who is thinking about beginning trading.
