REVIEW OF FAMOUS TRADING PLATFORMS: 7option
When choosing a trading platform for conducting financial transactions, a trader should study all available information about the broker’s activities, including reviews from experienced users and reviews on specialized web resources. A detailed analysis of the positive and negative characteristics of investment sites will help you understand who you can trust your own savings without fear of fraud on the part of the broker.
Such parameter as “age” of a participant in the global financial market cannot be considered 100% proof of its reliability. This is evidenced by the numerous negative reviews of traders about some trading platforms that have been providing their services for 5-10 years. On the other hand, the recently created 7option platform (the project started in 2017) attracts the attention of experienced traders and has a reputation as a reliable and decent broker.
7option KEY PERFORMANCE INDICATORS
The presented trading platform belongs to the Race Projects company with a registered legal address in the Seychelles. Some analysts studying modern financial instruments and markets argue that the actual owner of this site is a group of professional investors and experts who are well versed in this topic.
The application created for 7option contributes to an increase in the number of users and provides more comfortable conditions for conducting trading operations. Registered users can start working immediately after replenishing their account. To do this, you do not need to download additional programs, clients conclude deals directly on the broker’s web resource.
The official website of the presented financial market participant allows you to independently figure out how trading operations are carried out, and novice traders can gain the necessary knowledge with the help of a special video course and other educational materials. The administration of the trading platform pays a lot of attention to the theoretical training of resource users. Before making real deals, novice traders can practice using a demo account and the help of professional project participants.
On the 7option trading platform, the login , password and personal information are recorded in a special form, which must be filled out in order to gain access to the resource’s financial instruments and the ability to conclude transactions. The registration process on the considered web resource takes several minutes, and to complete this task you do not need special knowledge or the help of professional traders.
HOW TO MAKE MONEY ON 7option: AN OVERVIEW OF THE BROKER’S CAPABILITIES AND LIMITATIONS
After registration, the user of the web resource must replenish his account. The minimum deposit amount is $ 250 (at the first deposit of the trading account, the trader receives a bonus from 20 to 100%).
The demo account provided on the 7option trading platform allows you not only to consolidate the theoretical knowledge gained, but also makes it possible to develop your own methods of work on this platform. Regardless of the direction of the financial transaction, the trader has the right to conclude transactions in the amount of 1 dollar or more.
To carry out operations available on the presented platform, a trader can use:
● Currency pairs (including not only fiat money, but also popular cryptocurrencies).
● Shares (securities of large companies and international corporations are available).
● Tangible assets.
● Stock indices.
A convenient site for work allows you to easily find the necessary information and conclude financial transactions. To do this, you need to select the asset of interest to the trader, indicate the amount of the operation and set the time frame for this transaction.
TYPES OF TRADING ACCOUNTS
The main criterion for classifying trading accounts is the size of the deposit that the trader has made:
● Bronze – from $ 250
● Silver – in the range of 1-2 thousand dollars.
● Gold from 3 thousand dollars.
On the presented platform for the trader’s trading account, the following are used: American dollar, British pound, euro, Russian ruble, as well as popular cryptocurrencies (BTC, DASH, LTC, ETH).
DEPOSIT / WITHDRAWAL METHODS
Almost every review compiled for 7option focuses on a large number of ways to fund a trading account and withdraw funds. To date, users of the trading platform in question can deposit / withdraw money using:
● bank cards Visa and MasterCard;
● Web Money;
● Perfect Money;
● OK Pay;
● Bank transfer.
One of the key indicators of the presented investment platform is the unique processing speed for transferring money from a trader’s trading account to his wallets. The resource administration guarantees that the user will receive funds no later than an hour after the withdrawal request.
Advantages of the trading platform
Studying the information about the 7option trading platform reviews , descriptions or recommendations, we can conclude that the main advantages of the resource are:
● high speed of information processing and withdrawal of funds;
● a wide range of ways to fund your trading account;
● reliable protection of personal information;
● the ability to work on weekends and holidays;
● availability of round-the-clock support service.
The administration of the resource ensures the safety of funds and personal information of its customers, using the most modern technologies and data protection tools for these purposes. You should also pay attention to the fact that traders’ money is kept in separate bank accounts of reliable financial and credit institutions. In the event of any unforeseen situations, none of the traders will lose their savings.