The cryptocurrency world might be a new one, but within a very short time period, the industry has grown far and wide and has certainly rocked the financial market. Their progress has been impressive to say the least and numerous people have benefitted from this market by earning thousands of dollars. In 2017, Bitcoin reached its peak and helped thousands of people earn massive profits. Since then, crypto trading has picked up and more and more people are foraying into the crypto space to reap the same rewards. If you also want to do the same, you need to do it with utter confidence and for that you have to find a good broker.
The market is literally teeming with crypto brokers, which means finding out is not that difficult. The real difficulty is finding out that can be trusted as the crypto market is known for its risks and scams. Amongst the various crypto brokers that you come across, one is XTRgate, a brokerage based in the United Kingdom and founded in 2019. It is a very popular platform that was developed for trading well-known and reputed cryptocurrencies, such as Bitcoin. As mentioned before, there are other crypto brokers as well, but XTRgate has been able to make a name for itself in the market for a number of reasons.
What are they? You can find out below:
- Their trading platform is worth talking about
When you have to evaluate any cryptocurrency broker, you need to look at the kind of trading platform they offer. This is one of the most important attributes because you use the platform for executing your trades. XTRgate has developed its own platform that’s web-based and can be used on various devices, as per your convenience. The platform is equipped with some of the most advanced trading tools that can be immensely useful and traders can also benefit from one-click trading. Even though the platform is cutting-edge, it is easy to navigate and traders will have no problem in learning the ropes and can start trading right away.
Navigating the platform is no trouble at all, even if you are a complete newbie with zero experience in crypto trading. The trading platform is the ideal combination of simplicity and modernism and the user-interface is highly intuitive, which eliminates any performance issues. Both new and experienced traders will find everything they are looking for and can start trading without wasting time.
- They offer an impressive number of cryptocurrencies
Even though there are various cryptocurrency brokers and they have made an effort to provide traders with as many crypto trading options as possible, it is still not enough. There are more than 6,000 crypto coins that can be found in the market and while not all of them are reliable and profitable, there is still a solid number that can be traded. Luckily, XTRgate understands this fact and so they have added a huge array of cryptocurrencies to their asset index.
Unlike most brokers who don’t go beyond Bitcoin, Litecoin and Ethereum, this one has added some other profitable options including Ripple, Bitcoin Cash, NEO, Dash, Monero and IOTA. There are plenty more to be found and the best part is that the broker is constantly adding new options to help their clients in spreading out their capital as much as possible. Diversifying your investment into different cryptocurrencies can reduce the risks significantly.
- Their account options are quite varied
XTRgate is offering their services to all traders, no matter what their experience or skill level may be. Therefore, they have developed several account options to help everyone find one they are comfortable with and trade easily. Their account options start with the Basic for new traders and move onto Bronze, Silver, Gold and then Platinum. Each of these accounts is for traders of different categories and provide them access to trading tools and features that can help them during the trading process.
- Their trading conditions are also flexible
Knowing what spreads, commission and leverage a broker offers is important because this will determine how much profit you earn at the end of the day. If a broker has high commission or the spreads are not tight, you will not be able to earn as much as you want. Similarly, leverage also gives you the ability of trading more so it is an important feature for brokers to offer. In this area, XTRgate does stand out. The leverage the broker offers mostly depends on what cryptocurrency is being traded, but it usually starts from 1:2 and goes as high as 1:20.
The good thing about the brokerage is that it doesn’t charge any commission, which helps in keeping your trading costs under control. Instead, XTRgate makes its money through spreads and they range from 0.1 to 0.2 pips, which is rather impressive. This means that the cost of every trade is very low and this has helped the broker be competitive in the market and attract numerous clients.
- Their attention to customer comfort is noteworthy
Another important feature of XTRgate is that the broker aims to satisfy their customers 100%. In order to do so, they have worked on developing a strong and reliable customer support system. Their agents are available through email or via phone for dealing with any urgent queries that traders might have. The broker has ensured that all agents are responsive and are also knowledgeable about how crypto trading works. This empowers them to provide relevant and useful answers rather than vague ones to the traders and they can resolve problems as quickly as possible.
When you look at the different aspects of XTRgate, you will realize that it has paid a great deal of attention to providing the best experience to anyone who wants crypto trading. With XTRgate, you will be able to enter the crypto space with complete confidence and enjoy access to a great variety of cryptocurrencies in order to achieve your financial goals.