Read our Elcomercio24 review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is Elcomercio24 scam or legit” and much more! We have checked all the aspects of this broker and we recommend Elcomercio24 for online trading. It is NOT a scam. You can sign up with Elcomercio24 in the link below, or continue reading the full review.
The financial markets have always been filled to the brim with opportunities and there are hundreds of thousands of trading instruments that can be invested in. There was a time that accomplishing this wasn’t that simple, but times have changed and now improved accessibility means that people can easily move into these markets if they are interested. The fact that there are a lot of profits to be made here has attracted a lot of attention, especially nowadays when traditional investment options are not offering the same level of returns. The flexibility of these markets is very appealing and you don’t have to follow a fixed schedule or set hours when you wish to trade.
There is only one major prerequisite that you do have to fulfill and that is finding a broker that can provide you the platform and tools for trading. There is an ample number of online brokers to be found, but you have to assess these carefully because not all companies have been created equal. Some may be quite good at their job, but there is a possibility that others may lack some features. In addition, not all platforms may suit every trader because they have different priorities and preferences. Therefore, you need to know certain things about a company before you start using their services.
Amongst the myriad of options that you will find in the market is Elcomercio24, a platform that was established by 8 DOTS LTD that is located in St. Vincent and the Grenadines. They are offering their trading services to traders from varying backgrounds, but are they really capable of fulfilling their needs? You can find out when you take a close look at them.
There are a horde of features and services that are provided by a broker, but none is as important and vital as security. The online world has its fair share of risks and you have probably read about people having their hard-earned money stolen or their identities compromised and then misused. No one wants to deal with such a situation because of the far-reaching consequences they have. But, how do you avoid? This is where the security of a brokerage comes in and Elcomercio24 has done a good job in this regard.
To protect your funds, Elcomercio24 has opted to go with segregated accounts for their clients, which means your deposits are kept in individual accounts and only used for trading. They are returned to you in the event the company files for bankruptcy. Most importantly, they also comply with security policies like AML (Anti-Money Laundering) and KYC (Know-Your-Customer), which are developed to reduce the possibility of terrorist financing, money laundering, identity theft and financial fraud.
The Markets you can Invest in
While knowing about the security you will be provided is certainly necessary, you should also take a look at the markets you will be able to invest in via the broker’s platform. It is possible that you have a specific asset in mind when you decide to enter the trading markets, or you may want to minimize your risks by investing in as many markets as possible. Either way, it means you should know what assets you will be able to trade and this is where Elcomercio24 doesn’t disappoint. They have a plethora of trading instruments available on their platform that belong to different markets.
You can trade in the stock market and go for companies like Netflix, Google, Facebook, PayPal, Microsoft and Apple. The indices market allows you to trade on the big picture and leading indexes include the FTSE 100, S&P 500 and NASDAQ. You can also go with the foreign exchange market, including currency pairs like EUR/USD, USD/CHF, NZD/USD, GBP/JPY and GBP/USD. The cryptocurrency market gives you the opportunity to trade digital currencies like Bitcoin, Bitcoin Cash, Litecoin and Ethereum. Commodities are another avenue you may want to explore, including precious metals like gold and silver and agricultural items like wheat, sugar, corn and coffee.
The Accounts you Can Open
Other than the instruments that you can trade via a broker, you also need to consider the account you can open with them. This account gives you access to features that can be helpful during the trading process and often comes with deposit requirements and limits. You want to ensure that the options are comfortable enough for you and don’t restrict you unnecessarily. At Elcomercio24, you will find four choices available and their team has created these options for a unique category of trader, thereby ensuring that everyone can find an account that’s suitable for them.
The Silver account comes first and it needs a minimum deposit of €500 and maximum of €1,999. Traders can get 24/7 customer support, 1 on 1 basic training and basic education center, along with a trading dashboard. The second account is Gold and the deposit requirements are between €2,000 and €9,999. Traders can get a personal account manager here and limited trading signals. Elcomercio24’s third account is called Diamond and the minimum and maximum deposits are €10,000 and €49,999.
Unlimited trading signals are now provided as well as access to a full education center. The last account is called VIP and there is only a minimum deposit of €50,000 needed with access to every feature, along with training from professionals.
After you have learnt this much about Elcomercio24, you can sign up with them to begin your journey into the financial markets and reap the rewards it has to offer.