Various industries have expanded over the years and continue to spread out to create new ways to generate wealth for people. Most of the available money-making opportunities however require hard work and time that some people just cannot afford. That’s probably the reason why a lot of people build their wealth over a long time.
Of course, there are many quick paths to getting money but 90% of these shortcuts are illegal and can land you in serious trouble when embarked on. There is however the exception to the rule which can earn you money in short periods and is a legal method of making returns and that is by trading. Over the years, the financial market has widened to accommodate new assets. The expansion in turn creates new opportunities to earn money for many people.
The development of the financial market has nurtured attention from various people who are suddenly interested in how trading works. Trading has evolved to business with a high value over the years and this is shown in the market cap of the variety of assets being traded with. Trading has become the most viable method of making lots of profit and in very little time.
People can also invest in various assets with a long-term outlook and then sit back and watch the profits roll in. But you have to be willing to take that first step into the trading world, this can be grueling for a new trader or investor who doesn’t know what step to take in starting trades. First and foremost, a trader will need to choose a platform for trading and this is where brokerage firms come in.
Being able to separate the bad eggs from the good ones can be tasking as most of them offer dazzling promotions and promises but it goes far beyond that. Fake brokerage firm uses glamorous to entice unsuspecting traders to their platform and then rips them off their money. Time is needed for an intensive investigation into the various features and qualities of various brokerage firms.
On the bright side, we have done this extensive research for you and have accumulated information about a brokerage firm that might be the right fit for you – BrightFinance. This brokerage firm was built to cater to the various needs of traders while helping clients achieve their objectives in the financial market.
In-depth Overview of BrightFinance
BrightFinance is an advanced brokerage firm that identifies the various goals and the necessity for an alliance by emerging markets like the cryptocurrency market. Because of this, this online broker was launched as majorly a broker for digital currency with other assets as an addition. This online broker has garnered positive feedback from several traders who have made use of the platform.
Numerous traders term this online broker as highly convenient; this is great because a broker acts as a middleman between traders or investors and various markets. A broker ensures that a trader or investor enjoys trades made on the platform and BrightFinance aptly does this. Ask me how? Read on and you’ll find out.
BrightFinance is an online broker that is continually looking for creative ways to transform the outlook of the digital trading world. This brokerage firm is innovative and promotes cryptocurrency trading in an unlimited style, it also looks at making cryptocurrencies accessible to various traders and investors. It is continually spreading out as its portfolio increases.
This advanced platform puts different opportunities of making high profits in the financial industry at traders’ disposal. This online broker is also very much committed to providing top-notch security for traders and investors on the platform; data that comes in and out of the platform is very much encrypted with cutting-edge technology.
Although the platform has a central government, it makes use of the exact technology that makes cryptocurrencies so unique – blockchain. It also provides various account types designed for traders of different stages and with different needs. This is to ensure that traders and investors of different classes and with varying knowledge in the financial market can find a place on the platform.
Although this platform focuses majorly on cryptocurrencies, it also makes available other assets like Forex, commodities and a diverse range of currency pairs to choose from. With this variety of assets to choose from; a trader can choose to invest in various assets. This gives them the ability to make a profit from one asset even when another asset’s value reduces in the financial market.
This variety of assets can also be considered advantageous by traders and investors as some brokerage firm only focuses on one category of asset. A trader on such a platform looking to diversify their trades will have to register with another broker but that is not the case with BrightFinance which covers diverse assets.
This brokerage firm is very much regulated by various financial authorities; this is to ensure that the brokerage firm stays transparent in all their dealings. This online broker also adheres to various policies and therefore, monitors transactions made on the platform to be able to spot loopholes in transactions that may be money laundering.
The various account types offered by the platform are also another reason why this online broker is topping the chain in the financial market. The various account types allow traders to make trades according to their needs. The commission fee is also quite low and affordable by anyone which is a plus compared to other brokerage firms that charge a high commission fee.
This platform also offers updates on the prices of assets daily as the financial market is popular for its volatility. Professional traders on the platform guide trade and make suggestions on profitable trading opportunities. These suggestions are given based on the analysis of historical data and the market’s performance.
Notable Qualities of BrightFinance.co
Dependability and First-Rate Security of the Platform
It is always nice to have a platform you can depend on to deliver on promises made and that is what BrightFinance offers. What exactly is dependability in terms of brokerage firms? First, you can tell by the many positive feedback from traders who have traded or invested on the platform. There is also the fact that this online broker is available in more than 50 countries in the world. This is too far a reach for an average brokerage firm to achieve.
This brokerage firm also shows its dependability through the security measures it has put in place. This is to ensure that traders and investors can safely trade on the platform without fears of hackers or cyber-attacks. This online broker also makes sure to authenticate the identity of every trader looking to sign up on the page to protect the interest of traders already on the platform.
This security feature prevents money launderers masquerading as someone else from gaining entry into the platform. This prevents traders on the platform from becoming one of the many victims who lose their funds to hackers and money launderers. On the BrightFinance broker platform, you can rest assured that your assets and funds are in a safe place.
Outstanding Customer Support
Customer support is everything, a trader or investor needs to be assured of his/her chosen brokerage firm being available whenever he/she needs help. Most brokerage firms do not prioritize customer service and are usually not available to help their clients when they are in a fix. This is not the case with BrightFinance who is always available at all hours of every day to assist customers with whatever problem they might have.
The customer support team of BrightFinance was formed with professionals who are well equipped with the right information to assist traders with whatever issue or queries they might have. Traders and investors do not have to wait a long time to get answers as this efficient team is prompt when it comes to replying to customers.
Traders and investors can also email this brokerage firm or visit their head office which is made available on the platform. There is also the option of calling them on their contact number also provided on the site and belongs to three countries that a trader can choose from. These other options are when the trader doesn’t need instant help. For instant help, you can simply make use of the live chat and get answers immediately.
Diverse Trading Assets
It can be annoying when a trading platform limits you to one range of assets to trade with. Traders and investors looking to diversify would be looking out for platforms that afford them that opportunity. This is what BrightFinance offers traders and investors on its trading platform; an array of assets. It was created to be the leading trading platform leading the financial market to greater heights which is why its trading possibilities are endless.
Its extensive array of assets was created to appeal to various traders and investors looking to diversify or have the opportunity to when they’re ready. The various assets include forex, indices, shares, cryptocurrency, stocks and many more. Traders have access to more than two hundred cryptocurrencies on the platform and also top currency pairs in the financial market.
The contract for Difference (CFDs) is also another offered asset that traders can make money from in the long term. There is also the option of future contracts that depend on the dynamism of the value of a particular asset over a long time. This contract can be taken both orally and in writing; it all depends on the customer’s preference.
Various commodities like crude oil, gold and metal are also available on the platform for trading along with various indices. These vast display assets are backed up with ample security on the part of the online broker. The various assets of the platform are kept under lock with state-of-the-art technology from hackers and cyber-attacks
New traders looking to invest in the financial market can gain from the educational resources that are made available on the platform. There are various articles made available on the platform to help traders and investors stay updated on financial news and economic trends. It also presents traders with various price fluctuations and the reason why.
It also gives a complete analysis of various assets and their potentials in the financial market. There is also a media tap that throws light on the evolution of cryptocurrencies over the years for traders and investors. This online broker also provides traders with trading research every week. Traders on the platform are also entitled to a personal specialist to help them make smart decisions when trading.
Affordable Commission Fees
This online broker offers traders and customers low commission rates to carry out transactions on the platform. The charges are not secret as the trader is made aware of every charge made on the platform in the terms and conditions. The charges are mostly made based on payment and only attached to the use of the bank transfer method.
The commission rate is also lower than 1% which is an added advantage for clients of this trading platform as rates this low are very difficult to find elsewhere. The commission is for activities carried out on the platform and not based on profits made. This trading platform also doesn’t charge any sort of fee for lack of activity on a platform
Simple Depositing and Withdrawing Mode
Depositing on this platform is pretty easy and straightforward which is a relief for many traders who have had issues on other platforms when making deposits or trying to make withdrawals. Traders and investors can easily make deposits on the BrightFinance platform as different methods have been made available for the convenience of the trader.
Such methods include MasterCard, PayPal, Paysafe, Neteller, Qiwi and so much more. There is a meager fee of $25 attached to making deposits via bank transfer but other payment methods are charges-free. The bank transfer method is the least advisable method as it takes days to be confirmed; depending on the bank.
Withdrawals on the platform can also be made quite easily through the same method used for making deposits. There is no minimum or maximum amount a trader can withdraw on the platform and there are no fees attached to making withdrawals on the platform. This trading platform takes about 5 – 7 business days to process withdrawal requests made on the platform.
Variety of Account Types
There are different classes of traders in the financial market and these varieties of traders also require a different trading account to cater to the need and goals of various classes of traders. BrightFinance recognizes the importance of this and has made available various account types for the different levels of traders.
This account type was created for newbies in the financial market and is the first account a trader will come across on the trading platform. It was created to help traders who are new to the financial market to start small and then upgrade when they are prepared. The explorer account is unlocked to traders at a minimum deposit of $250, a trader can choose to go higher but can only go as far as $2000. The full customer service of this online broker is available to traders on this account including educational resources.
The Basic Account
The basic account is an upgrade from the explorer account and requires a minimum deposit of $2500 to unlock. A trader on the explorer account who is done exploring and is ready to upgrade can move to the Basic Account. This account has the feature of a specialist dedicated to the account to assist in trading decisions. Traders holding this account also get a weekly review of market trends and the maximum amount that can be deposited on this account is $10,000.
The Silver Account
Traders on the basic account can choose to upgrade to this account when they feel ready for it. This account was designed for traders with a level of trading experience in the financial market. Holders of this account are entitled to personal expertise and also enjoy a monthly personalized session with a trading expert. The maximum amount available on this account is $24000
The Gold Account
This account was designed for traders who have a high level of experience in the trading platform. Such traders recognize the risks one needs to take to earn a high amount of profit and are not afraid to take the risks. A holder of the silver account can upgrade to the silver account with a deposit of $25000 and go as high as $99,000 but that is the limit. Traders on this account get weekly personalized sessions with a trading specialist and enjoy a plan aimed at managing money smartly to maximize profits.
The Platinum Account
The last account and the highest available on this trading platform is the Platinum account. This account is unlocked with a deposit of $100,000 and targets professionals in the financial market; this is apparent in the maximum deposit amount of 500,000 on the account. There are amazing features attached to this account such as the senior account manager and protected trades such account holders get to enjoy. Holders of this account also get to enjoy unlimited personalized sessions with trading experts.
The BrightFinance Broker firm came into the financial market with a target of standing out as an exceptional platform that helps advance the cryptocurrency market in the global financial market and it successfully achieves this aim. It offers traders various amazing features aimed at giving traders a smooth trading experience.
Its various assets give clients too many opportunities to make profits from while its customer support team is prepared at any time of the day to assist traders with whatever inquiries or problems they might encounter. When it comes to choosing an innovative brokerage firm, you can’t do much better than BrightFinance.