Online trading has allowed millions of people to make money from their homes from around the world. It does not matter where you are from or what your interests are, you have to sign up with the right broker to achieve your financial goals. Trading requires a lot of skill and that’s why you don’t want any unnecessary hurdles in your way that prevent you from making money through trading. There are many traders in the world who regretted their decision of starting with the wrong broker because they could not achieve the goals they had set for themselves.
However, you are recommended to consider MDX500 as one of the brokers that you should be signing up with to start your trading career. This broker has made the lives of many traders from around the world easy. It has provided them with great trading features and conditions, which allow the traders to prosper and become financially free. But what it is that will make you love your decision of signing up with this broker? Let’s figure out through this MDX500 review that will go into the details of all the amazing features that you will enjoy with this broker.
Why You Will Love to Sign up with MDX500
You Will Have Great Leverages
You are going to love signing up with this broker because you will have some huge leverages on your trades with the broker. There are hundreds of online brokers that provide you with an online trading platform on which you get some leverage on your trades. However, these leverages are not always the best. In some cases, they are so small that you can’t make any difference in your trades with them. In other cases, they are so huge that you never want to use them because of the risk associated with such leverages. The leverage you get from this broker is going to make a huge difference for you.
You will also be thankful to the broker for providing you with some intelligent leverages. The leverages from MDX500 are not too huge, so you will not have to be afraid of losing a lot of money. At the same time, the leverage is small enough to invite you to enter trades that are otherwise not possible with the amount that you are holding in your account. If you don’t know, the broker is giving you leverage of 1:30 on your trades. This leverage is small enough to keep you trading even if you are not successful with one trade. At the same time, this leverage is big enough to increase your profits by a great margin when you trade successfully.
The best thing about signing up with MDX500 is that there is no discrimination in terms of leverages based on the level of trading you are on. With most other brokers, you will notice that you get bigger leverages when you are an experienced trader. Since you are an experienced trader, you sign up with an advanced account. This gives you access to some huge leverage. On the other hand, if you sign up with a basic account with these brokers, the leverage you get is pretty small. That’s not the case when you sign up with MDX500. The broker has provided you with 1:30 leverage regardless of the type of account you pick from the list.
Your Spreads Will Be Tight
One of the most important things that traders are looking for when they sign up with online brokers is tight spreads. What is really the advantage of going with tight spreads? Well, you have to understand the concept of spreads first and then you can understand how you can benefit from them when they are tight. So, the spread is the difference that you will notice in the price of the asset when it comes to buying and selling it. Selling or buying it from the same broker will show you that there is a difference between the price you buy the asset for and the pricey you sell it for.
The important thing to notice here is that the broker makes the money from the spreads. The bigger the spread, the more money the broker will make. The tighter the spread, the less money the broker will make. However, tighter spreads mean that the trader will take most of the money from the trades. On the other hand, when spreads are loose, the trader loses a lot of money from his/her profit when there is profit on the trade. You will notice that the spreads are already pretty competitive when you sign up with this broker. No matter which account you pick, the spreads are pretty tight.
You will notice that from the basic account from the broker. With this account, the spread on your trades will be 1.3pips. There is a spread of 1.5pips when you trade with the broker with an advanced account. If you want the best of spreads from this broker, you can go with the VIP account, which will let you trade with spreads of only 0.1pips. That’s something that clearly shows you how much the broker cares about its traders.
You Can Use an Islamic Account
Islamic accounts are becoming more and more common with the passage of time. This particular account allows you to sign up with an online broker and trade the way you want to trade without incurring the interest rates that are usually associated with online trading accounts. The problem with online trading accounts is that they go against the belief system of Muslims around the world. For that reason, there are many Muslims in the world who want to start trading but they cannot because the trading account goes against their religious teachings. There are online brokers that provide these traders with the option of Islamic account.
However, this broker goes the extra mile by providing you with this option regardless of the type of account you pick. Yes, you can use this account regardless of the account you pick from the list. On the other hand, most other brokers only provide you with one specific account, which they call the Islamic account. So, when you are with MDX500, you can use the Islamic account option whether you are signed up with the VIP account, Standard account or the bold account. These are the things that make signing up with this broker a great idea.
Account Manager and Professional Support
When you sign up with an online broker for the first time, you have to make sure that you understand the system. That’s not possible unless the broker is willing to provide you with the needed help. So, you will often notice that some brokers provide you with these options only when you pay them extra money. You will love it when you sign up with this broker because you will get these amazing options for free. So, the personal account manager is there to help you with all your account related issues. You will not have to contact the company over and over when you have this personal account manager option available within your account.
In addition to that, you will also receive professional support from the broker to help you with all your concerns related not only to your account but any confusion and clarification that you need related to the trading platform. The broker is there to help you with all your concerns professionally when you sign up with it. First of all, if you are having troubles in understand the online website, you can translate it in the language of your country. It will help you understand everything with ease. In addition to that, you have an email address where you can send all your concerns to have them resolved as soon as possible.
However, if you want to make things even quicker, you can call the phone number on the website of the broker. In some cases, you don’t want to wait in the queue for someone to pick up your call and help you. In that case, you need a broker that can provide you with an innovative solution to your problem. Here, when you sign up with MDX500, you will get that innovative solution from the broker. The broker has arranged for live chat feature right on its website. This particular feature allows you to get in touch with the broker through the live chat on the website.
Through this live chat, you can get answers to your questions instantly by talking to someone from the company through a chat window. This is a very familiar and personal experience through which you can get the help you need from the broker without any delays. The appointment option is there too from the broker, which you can find on the website.
Trading Diversified Assets
You have a huge list of assets that you can pick from when you trade with this broker. There is always some limitation when you sign up with other brokers in terms of the assets that you can trade. In some cases, you are only limited to trading forex currency pairs. That’s when you have signed up with a forex broker. There are some cryptocurrency brokers as well that allow you to trade only digital currencies. However, in this modern era, you need a broker that can provide you with a trading platform on which you can trade just about any asset that you can think of. Of course, you don’t have to forget that you are signing up with MDX500, which provides you with CFD trading.
The best thing about CFD trading is that you can trade commodities, shares, cryptocurrencies, currency pairs, etc. from the same trading platform. You can be in many financial markets of the world at the same time. In the past, you had to change your broker if you wanted to trade in different financial markets. Today, you can be on the same trading platform and trade whichever asset that you want to trade within seconds. You can even open multiple positions if you want because the broker has provided you with that option.
The best thing that you are going to love from this broker is that it has shown the audacity to bring you some cryptocurrencies as well. You can find many online brokers that claim to provide you with latest trading features, but when you look at their services, you don’t find any options of trading cryptocurrencies. With this broker, you can trade cryptocurrencies with ease. You can trade Ethereum and Bitcoin, which are the biggest cryptocurrencies of the world right now. In addition to that, you have Litecoin, Bitcoin Cash, and Ripple, that you can trade with this broker with ease.
You will not have any dearth of assets that you can trade with this broker once you have signed up with it. On the other hand, you might not have the same assets available to you when you sign up with other brokers. It lets you trade some exotic, minor, and major currency pairs in the forex currency pair category. In addition to that, you can trade many shares from the best companies of the world. You also have some great commodities that you can trade with MDX500. In simple words, the asset index from this broker is one that you can be proud of once you have signed up with MDX500.
A Great Trading Software
The trading software that you get from your broker can make a huge difference. Your trading experience relies heavily on how you trade and how easy the trading platform is that you are on. The problem is that the online world has bloomed very fast in recent years. This has allowed brokers from around the world to come up with their own trading platforms. There are many trading platforms that you can sign up on. In the past, you were able to trade on MetaTrader 4 trading platform, which is considered the best in the industry even to date. However, the trading platforms that are created by brokers for their trading systems are the best because of their features.
So, you have the trading platform from this broker that will help you trade easily in many ways. First of all, you will never be required to change the device you are using just because the trading platform from the broker does not run on your current device. If you are using a personal computer with Windows operating system installed on it, you will be able to use the trading platform with ease. However, the biggest challenge is when you want to trade on your mobile phone. Can you do that if you sign up with this broker? Of course, you can trade with ease on your mobile phone when you sign up with this broker.
The broker has provided you with applications that can run on your smartphones no matter the operating system you have on your device. So, when you sign up with MDX500, you don’t have to worry about the device you own, the operating system on you have on your device, and the where you are located in the world.
Trading Education Is Great
The trading education that you are getting from this broker is great. That’s something you will usually not find from other brokers online. There are many online brokers and they are all willing to help you with trading education. You need this education to make sure that you trade successfully. Unless you have this education, you will not be able to trade like a trader. You will find yourself in trouble because you will trade an asset based only on its price in the market, but you will lose the trade because you will completely miss the many other factors that can affect the price of an asset at any moment.
The trading education you are getting from this broker is available in the format that you desire. If you are looking to learn at a slow pace and match your learning with your current schedule, you can go with ebooks. Ebooks are great in telling you the ideas in detail. However, the more important thing is that you are reading the words of people who understand trading in every possible. However, there are some traders who can’t wait to start trading. For them, ebooks are not great because they can take a lot of time in teaching just one basic concept. They want to learn through videos.
When you sign up with MDX500, you will not be disappointed with the type of training material that you get from this broker. You will receive a lot of videos that will teach you everything about trading. Do you want to learn only the basics of trading? Are you looking for a way to learn advanced trading strategies that help you in making successful trades even when you don’t think the market is performing really well? You will get all of that education when you sign up with MDX500. If you are looking just for some basic understanding of the concepts that are most commonly used in online trading, you can learn from the website of the broker.
The broker has put some great training material right on its website. This training material is for beginner traders. It will not teach you any advanced strategies, but it will definitely teach you some great basics of trading. As a result, you will be aware of a lot of things when you set foot in the online trading world for the first time.
Safety of Funds and Info
You don’t have to worry about the safety of your funds and money when you sign up with MDX500. This broker has arranged for all the protocols that are necessary for you to start trading with an online broker. When you sign up with an online broker, you have to make sure that your money is going in safe hands. Unfortunately, there are more scammers on the internet than you might realize. That’s a huge problem for new traders who don’t understand how they can identify a scammer from a legitimate broker. When you sign up with a broker like MDX500, you have peace of mind that the money you deposited in your account is resting in segregated accounts.
This makes your money safe with the broker. Additionally, the broker has also brought to you the latest technology of protecting your information. The website of the broker has proper SSL certificates installed on it. These certificates ensure that every piece of information that you enter on the website while signing up with the broker is completely safe through encryption. Encryption makes sure that the information you provide is converted into symbols that are not understandable by anyone who tries to access your information illegally.
Another important thing that you have to know about the broker at this point is that it has AML and KYC policies in place as well. What’s the point of having these policies? Well, the broker wants its trading platform to be used by legitimate traders only. It does not want to provide its trading platform to money launderers from around the world. When you sign up with this broker, you will have to provide a lot of personal information. In addition to that, you will also have to provide a lot of banking information. You will be sending pictures of your documents to the broker in order to prove that you are the owner of the information you are providing.
You must never sign up with a broker that you are not sure about. At the same time, you must never compromise on the safety and security of your information and money before you sign up with a broker. If you have chosen the right broker, you will admire your decision even many years after signing up. If you have chosen the wrong broker, you will regret your decision of signing up in the first place. So, research more if you want about MDX500 and sign up with this broker if you want a great trading experience.