The financial markets have always been a hotbed for trading opportunities, but it was never as easy to access them as it is today. All you need to do is sign up with an online broker, but the first thing you have to remember is that not just any platform will do. There are high quality brokerages that are ready to cater to you and you can also find mediocre ones that offer you the bare minimum. It is understood that you do want good trading services and going through this Priority Markets review can help.
Established by Kamuflaz Limited, Priority Markets is registered in Saint Vincent and the Grenadines and is offering forex and CFD trading services to global traders. But, you need to know everything important about the broker before you decide to open an account with them. What should you know? Let’s take a look:
Trading Instruments
There is nothing more important than checking the trading instruments a broker is offering to you. These instruments are used for earning profits and youhave to find out if the choices available to you are according to your expectations. The trading instruments that you come across at Priority Markets are some of the best ones that you will find. This is because they belong to some of the world’s top financial markets and can help you achieve your goals.
You will be able to trade instruments from the forex, stock, indices, commodities and cryptocurrency market. The best thing about Priority Markets is that they have added the top choices from each market, which allows you to make the most profits and trade instruments that are according to your interest and risk tolerance.
Trading Platform
The trading platform of a broker is how you do the actual trading, so you need to know what kind of platform it offers to you. You will find that Priority Markets has added a powerful trading platform to its clients that can help them enjoy a smooth trading journey at every step of the way. It is a web-based platform, which means you can use it via the browser and not have to worry about downloading it on any device.
This makes the platform very convenient to use because you can use it anywhere. The cutting-edge technology that Priority Markets has used ensures quick trade execution. The user-interface is also very straightforward, so you will be able to use it without any hassle. They have added good trading tools for their clients as well, including price alerts, trading signals, live charts, risk management tools and custom analytics.
Trading Accounts
Since you have to open a trading account with a broker, you need to check what options are available because not every broker will offer you the same account types. There are six trading accounts that Priority Markets has added on its platforms and they are named Basic, Silver, Gold, Platinum, Diamond and Millionaire Club. Each of these accounts has been designed for a specific type of trader, such as newcomers, beginners, intermediate, skilled and professional traders.
The minimum deposit needed for each account at Priority Markets varies, starting at EUR 500 and going as high as EUR 1,000,000. Each account has also been equipped with various features that improve functionality, such as exclusive updates, account manager, trading signals, trading alerts, daily market reviews, advanced charts, money management, automated trading and account insurance.
Trading Support
You also have to know whether you can find good support available and Priority Markets has not made compromises in this respect. You will find that their staff is available 24/5 and you can contact them through different channels, such as email and phone number. They also have an FAQ section on their website that provides answers to questions.
Bottom Line
Once you have identified the primary offerings of the broker, you can see that Priority Markets has everything necessary for your trading journey.