Read our genesisxchange.com review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is genesisxchange.com scam or legit” and much more! We have checked all the aspects of this broker and we recommend Genesis Exchange for online trading. It is NOT a scam. You can sign up with GenesisExchange in the link below, or continue reading the full review.
Genesis Exchange Review
If you go to the trading market and approach any expert about what’s the most important rule of trading, they’ll tell you that you should always aim to diversify your portfolio. But how can you do that when your current trading platform only limits you to a specific asset class? This has led to a growing demand for trading platforms that allow you to choose from various asset classes instead.
In this Genesis Exchange review, I’ll talk about some of the platform’s main features and how they assist traders in diversifying their portfolios.
I’ve used my fair share of different online brokers and I was disappointed to find that very few allowed users to diversify their portfolios. Even if they did, they lacked other features.
One of the few rare exceptions was Genesis Exchange broker, which seemed to have it all. To see if it really was a good option for traders in search of growth, I signed up for the platform.
Choose Between Trading Pairs from Varying Asset Classes
All traders need access to a wealth of trading options which can allow them to improve every aspect of the trading experience. In the case of GenesisExchange broker, it offers all of its traders a wealth of trading pairs from a variety of asset classes.
Depending on how much you are willing to trade and how much experience you have in the field, you will be able to find all sorts of trading assets to scratch that itch.
There are also different trading assets for specific types of trading niches. You can choose from assets like stocks, forex, indices, and commodities. All of these unique trading assets allow you to diversify your portfolio. While forex and stocks are the more basic option, commodities and indices offer plenty of variety. Crypto trading is also an option.
Access Real-Time and Historical Market Pricing Data
Of course, giving you access to some of the best types of trading assets in the market is only half of what is required of a good trading platform. You also need relevant historic and pricing data to make sure that you are making an educated decision.
The GenesisExchange trading platform offers accurate market data that you can use to factor in when making relevant trading decisions.
Test Your Strategies with a Demo Account
When you come up with a trading strategy, there’s no way to know if it will really work, or if it just looks good on paper. To help you out in this regard, the GenesisExchange trading platform comes with a realistic demo account. This account is designed to mimic the capabilities of the actual market so you can see whether your strategies are effective or not.
While it seems like this feature is only good for beginners, I disagree. In fact, I’ve found that it’s quite useful for testing out more complex strategies and refining ones that need some more work. Let’s say you’re new to crypto trading and don’t know how the market works. With the demo account, you’ll be able to see if the strategy works.
Monitor Your Trades to Build Complex Strategies
To see if your future strategies will be good enough, you need to look back at your previous trading history. However, very few brokers offer this feature, so many traders had to do it manually. Luckily, genesisxchange.com broker has the option that allows you to look at your trading history.
You can look at your past trades to see what was successful and what wasn’t. This way, you’ll have more confidence in your future strategies. Simply take out a log of your previous trades and see if they correlate with major market patterns to understand if they were effective or not.
Is Genesis Exchange Scam or Legit?
While I was exploring the different capabilities of the platform, I came across a number of features that seemed significant. One of the most important was how the website uses SSL encryption to secure its users data.
Then, there’s also how it maintains complete transparency regarding users’ funds by keeping them in segregated accounts. Moreover, it also ensures a quick sign-up process and has a great user interface. Considering these features, I’m certain genesisxchange.com trading platform is legit.
To conclude my GenesisExchange review, I’ll give a recap of all the best features I’ve discussed so far. It’s an effective trading platform that allows its users to choose from a multitude of trading pairs. These are from niche asset classes, so you can easily diversify your portfolio. Thanks to pricing charts, you can easily view real-time and historical pricing data to make accurate predictions.
With the demo account, it’s easy to see if your strategies will actually work in the real market. To come up with better strategies, you can even monitor your trading history. Therefore, I’d definitely recommend the Genesis Exchange trading platform to fellow traders.