How can you determine if a broker is a good choice for you or not? The easiest way to go about it is by checking out their prominent features and deciding if they can provide you a good trading experience. If the brokerage lacks in this regard, it affects your experience and bottom line and you don’t want that to happen. Plus, doing so can also help you eliminate a ton of companies that are offering their services, but cannot live up to your expectations. You can check out this XCGIN review to discover its prominent features and then make up your mind about it.
At first glance, the XCGIN website appears to be professional enough and you would want to sign up right away. However, knowing their prominent features ensures that you don’t have to start from scratch in case they don’t offer something you might require. Let’s see what they can offer to you:
Their asset choices
Of course, the first feature of a broker that deserves attention is their primary one i.e. asset choices. What can you trade when you open an account with XCGIN? The financial markets have hundreds of thousands of instruments and a broker cannot offer them all, but XCGIN has added 250 of the most profitable ones to their list. This is undoubtedly appealing because it can help you in achieving your financial goals.
You can trade currency pairs in the forex market at XCGIN and even opt for digital currencies in the crypto market. They have added leading stocks and indices to their offerings and the commodities given can help balance your portfolio. You can diversify as much as you want and this keeps your risks in check.
Their account options
Opening an account with a broker is a must in order to use their services, as it keeps track of your personal and financial details as well as your trading history and transactions. Companies usually come up with several account options, especially when they are catering to different types of traders. This is what you will find at XCGIN because they have five account options available. This ensures that whether you are a beginner or an expert, you can find a suitable account.
The options that you will have at your disposal are Silver, Gold, Platinum, Diamond and VIP. The minimum deposit needed for each account varies, starting from €10,000 and going as high as €500,000. Some unique features have been added to every account at XCGIN to facilitate the users and these include trading signals, a welcome bonus, daily market reviews, money management plan, leverage, weekly managed sessions and educational courses.
Their security policies
One of the most prominent features of any broker is their security policies and they need to be looked at to ensure you will not be putting yourself at risk. This is not a problem you will have at XCGIN because their security policies cover every aspect that requires attention. You obviously don’t want your data falling into the wrong hands and they ensure this by using 256-bit encryption and SSL (Secure Socket Layer) technology for protecting it.
Your funds are also protected at XCGIN via segregated accounts, which means they are not used for anything other than trading. As a matter of fact, if the company was to file for bankruptcy, your funds would be returned. Furthermore, the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies are also applicable on the platform. These require proof of ID and proof of residence, which is used for verifying every account. These policies can mitigate the risk of financial fraud, identity theft and money laundering.
Some other features that you will come across at XCGIN include web and mobile trading solutions, modern and traditional payment options, a simple and fast registration process, thorough educational resources and professional and timely customer support, all of which can deliver a good trading experience.