Trading on the Forex market is risky in nature, that’s why ForexCT has found innovative ways to give its customers the support that they need to get the most out of their trading experience.
Here’s a complete review in our opinion:
Financial products offered byForexCT
ForexCT offersboth foreign exchange (Forex) and Contract for Difference (CFD) on its online trading platform to its customers.
TradingForex entails traders predicting the direction of the prices of currencies globally. Traders can predict the movement of one currency alone or make a trade on a pair of two different currencies; a determination of which currency will increase greater than the other is made in these types of trades.
CFD is a whole different ball game. CFD trading involves both the customer and the services provider; traders don’t actually own the assets. It’s a contract between the customer and the online trading services providerrelating to the movement (rise or fall) of prices of agile global financial markets. Traders forecast the direction the price will move, and profit if they choose the right direction.
Asset classes and the instruments available for trading:
ForexCT offer 84 CFDs, 12 commodities, 5 crypto assets, 7 metals, 11 indices and 55 currency pairs on their online trading platform.
Advantages of online trading with ForexCT
- You’re protected: ForexCT isASIC regulated meaning that it’s required to adhere to industry regulations, and client funds are protected in the event of company insolvency as per ASIC’s investor compensation scheme.
- You’re supported: ForexCT’spractical educational resources allow its customers to apply what they’ve learnt, and put it into practice. There’s a plethora of educational resources for every level of trader.
- You’ve got greater control:ForexCT offers fixed spreads with all trades meaning you’ve got greater control every time you trade.
- They’ve got your back:ForexCT offers free stop losses on every trade meaning you can easily manage risk.
ForexCT trading platform
Web PROfit is an in-house solution offered by ForexCT that provides its customers with an innovative way to trade, giving them all the tools (and more) they could need for smart trading.
Being available in both desktop and mobile, gives users access to on-the-go, uninterrupted trading.
It’s extremely user friendly with a layout that easily customisable to the users’ personal trading preferences. With various types of charts from which you can trade, technical indicators, trader insights, one click trading, news feeds including weekly market updates, economic calendars, risk management tools like Stop Loss and Take profit (and more), this platform is comprehensive and easy to use.
ForexCT’s trading school
No trading experience? Don’t stress! ForexCT’s trading school is top-class. From beginner tutorials to more in-depth content, ForexCT has a strong focus on providing its customers with all the educational tools they need to make more informed trading decisions.
From webinars and seminars to one-one-one sessions, ForexCT has covered it all when it comes to educational resources.
Trading tools offered by ForexCT
When it comes to trading tools, ForexCT has thought about just about everything. Not only do they offer a leading online trading platform, ForexCT customers have access to market analysis tools like:
- Trading Insider: shows the inner trends of other Web PROfit users, giving traders insight into what other users are doing, as well as what trends are occurring in real time.
- Mirror Trader: allows users to automatically mirror and learn trading strategies of top Forex and CFD traders from around the globe.
- Economic Calendar: is a graphical summary of trading forecasts which allows traders to easily plan their trading and take advantage of market movements.
ForexCT guideline and news
ForexCT customers are kept up to date with current market trends and other news via the newsfeed on the Wed PROfit platform. They also provide answers to commonly asked FAQs through their guidelines, so you’ll never be left guessing.
Whether you’re looking for news or have a query about trading, you’ll find it all without having to leave the platform.
Conclusion
ForexCT was created by traders for traders so they know exactly what their customers need when it comes to smart trading. While the Forex market is volatile, ForexCT constantly works hard to provide its customers with the support they need to trade.
A strong focus on educational resources provides their customers with the knowledge they need to learn about every aspect of online trading. Beginners and experts alike will no doubt hone their skills when utilizing these resources which are simple, practical and easy to use.
If you’re interested in starting to trade or you’re looking for a new Forex and CFDs provider, ForexCT is definitely aprovider you should consider.
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