In this era, online trading has become a notable trend and this has been fueled by the increasing popularity of cryptocurrencies. Bitcoin was introduced in 2009, but it wasn’t until a couple of years ago that cryptocurrencies really hit their stride and a horde of people decided to set their foot in the crypto industry in order to take advantage of its potential. The fact is that a lot of people are actually quitting their regular jobs to participate in crypto trading because they are aware that there is a lot of money to be made in this market. As a matter of fact, everyone has come across stories of people earning millions overnight through cryptocurrencies and turning their life around.
But, it is important for everyone to understand that you cannot just make millions like that in the crypto industry without any knowledge. You have to have an understanding of how this market works in order to take advantage of it. Volatility is a double-edged sword; it can give you high profits and it can also lead to massive losses. Cryptocurrency is definitely worth investing in and you can profit from it, but in order to do that, you have to consider several variables before you move forward with the trading process.
The first thing you need to remember is that crypto trading requires a great deal of patience. You cannot make decisions based on your emotions and there shouldn’t be any panic. Yes, you want to make returns as soon as possible, but you have to wait for the opportunity to surface in order to make it happen. Otherwise, you will not be able to succeed in the long run and will end up wiping out your entire capital. Once you have decided that you have what it takes, your next priority should be to find a brokerage to help you get started.
Finding a broker is essential because they will give you access to the market and the tools that are needed for trading. However, this is where people get stuck. Why? While there are hundreds of brokers operating in the market and plenty of them give you the opportunity to try crypto trading as well as other financial instruments, but not all of them are reliable. In fact, there are some downright shady and scam brokers in the market, but it can be difficult to distinguish them from the legitimate and trustworthy ones.
Those who don’t know how to tell them apart end up choosing the wrong broker, which sets them back significantly. These brokers come up with lucrative opportunities to lure traders and once you have made your deposit, they will make it extremely difficult for you to do anything. You either suffer from losses or they have a withdrawal criteria that is almost impossible to meet. What should you do in such a situation? The best way to determine whether a broker is worth considering or not is to carefully check their offerings.
If anything sounds too good to be true, you should steer clear. All claims that are made by the broker should be verified. Is it possible to find a broker like that? Indeed, GTlot is a great example of one such broker.
Overview of GTlot
Thousands of traders all over the world are trusting GTlot with their investments because the broker has proven to be an excellent option. It might be relatively new in the market, but it has created an environment that facilitates trading for everyone, no matter what kind of trader they might be. The broker has gotten everything right, from trading platform to customer support, because it is dedicated to providing the best trading experience to its clients. You can determine this for yourself by checking out the various features that have helped GTlot reach the popularity it is enjoying today. Read on to find out what they are:
- GTlot keeps your investments and information safe
As stated earlier, the trading market has plenty of scam brokerages and they are established by cybercriminals. Their purpose is either to compromise the information that traders share or to steal their money, or both. Many people have fallen victim to such brokerages and this has made other traders wary when they are signing up with a new broker. It is perfectly normal for you to be worried when you have to share your confidential information with a third party or when you have to hand over your money to them. Therefore, when you are doing so, it is best to check what kind of security you are being provided.
Traders are also instructed to use strong passwords and not to share them with outsiders to protect their accounts. Security policies that you will find at GTlot are KYC (Know Your Customer) policy and the AML (Anti-Money Laundering) policy. The aim of these policies is to ensure that everyone who signs up with the broker verifies who they are as this prevents criminals and shady individuals from signing up. In addition, they also stop people from using the broker’s platform for any illegal financial activities.
To comply with the KYC policy, traders are asked to provide proof of identity and proof of address. This can be done by sharing some important documents with the broker. For identity, driver’s license, passport or national ID card are suitable and bank statement, credit card bill, utility bill or any other affidavit with your address works for proof of identity. As per AML policy, traders have to use accounts or cards in their own name as third party accounts are not permissible. Also, they have to use the same method for both deposits and withdrawals. You cannot use one method for deposit and then switch to a different one for withdrawal.
- GTlot has a hassle-free registration procedure
The signing up procedure with a brokerage is often daunting for traders. No two brokers are the same and you will come across a different process everywhere. Thus, it can be quite intimidating for traders because they don’t know what to expect. Moreover, some brokers are known to have an approval procedure as well, which means you register with them first and then they will decide whether to approve your application or not. If they don’t, then you will have to search for a different broker. This can be quite time consuming and annoying as well because it means that you will have to wait to start trading.
The good thing about GTlot is that it doesn’t have any such complications associated with it. Their registration procedure is extremely simple and it takes only a few minutes for you to complete it. The best part is that there is absolutely no approval process. As long as you provide all accurate details and meet the requirements outlined, your account is approved right away and you can begin trading with no delays at all. This is undoubtedly a very appealing feature of the broker and has attracted plenty of traders to it. In order to begin, you should visit GTlot’s website and click on the Open Account option provided.
Doing so opens up an online form that needs to be filled out. There is no need to be concerned because you only have to share basic information here, such as your first and last name, full location, email address and password and phone number. At this time, the broker also asks you to decide what account currency you want to use. GTlot currently supports two cryptocurrencies and you can choose between them for funding your account. These two options are BTC and USDT. After you have done so, you are asked to agree to their terms and conditions and confirm that you are at least 18 or above. This is all you have to do for completing your registration.
- GTlot has a huge asset index
The asset index of a broker can make or break it. There are a number of brokerages in the market that make tall claims about giving their clients the chance to invest in thousands of instruments, but they rarely meet these claims, especially if you are interested in cryptocurrencies. If you compare most of the brokers offering cryptocurrencies, you will notice that most of them only give you a handful of options. They usually don’t go past the top three cryptocurrencies in the market as they believe traders would only want to trade these.
But, the fact is that there are almost 6,000 crypto coins in the market. Even if some of them don’t pan out in the long run, there are still others that have a lot of potential and can give significant returns in the future. The problem is that you will not find many brokers that give you the opportunity of investing in these cryptocurrencies and you have no other choice but to stick with the top ones. Another issue is that not everyone has the capital to invest in the top cryptocurrencies as it can be quite costly.
The good news is that you don’t have to worry about any of these issues with GTlot. This is due to the fact that the brokerage offers a solid variety of cryptocurrencies for brokers to invest in. These include both leading options as well as some lesser-known ones. Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Monero and NEM are some of the options you can explore. If you don’t want to invest in cryptocurrencies, GTlot gives you a horde of other trading instruments that you can choose from for trading. This is undoubtedly helpful because it means you can diversify your portfolio as much as you want and can reduce the risk of losses.
With GTlot, you can choose to invest in forex currencies, which includes some of the major, minor and even exotic pairs in the market. If you don’t want to trade in such a liquid market, you can try your luck in commodity trading, which involves precious metals, energies and even agricultural items. The brokerage also offers traders the opportunity to invest in bonds or the leading indices in the market. You can also try your luck in the stock market and trade shares of some of the best companies in the world. There are more than 300 financial instruments to choose from and the more you invest in, the lesser your risk.
- GTlot has a cutting-edge trading platform
One of the most crucial aspects of any brokerage is the trading platform they offer. No matter how impressive their asset index or security policies may be, it will not matter in the long run if their trading platform doesn’t facilitate clients. The trading platform is basically the trading software that’s used for trade execution and comprises of the tools that are needed to make quick and profitable decisions. There is no one platform that you will find in the market as it is up to the broker to decide which one to offer to their clients. It can have a major impact on your trading experience due to which you need to check it out before you go ahead and sign up with a brokerage.
The same applies to GTlot, but you certainly won’t be disappointed with their offering. The broker has come up with their own trading platform and it is quite obvious that they have put in significant time and effort into creating it. The platform is empowered by some of the latest technologies that you will find in the market and it is second to none in terms of performance. The broker has chosen to offer a web-based trading platform that is accessed through the broker’s website. This means that you don’t have to download the software and install it on their device. It is quite helpful because it gives flexibility to traders as they are not bound to one device for trading.
To access the platform, they just need to visit GTlot’s website, enter their login details and it will open up the trading platform. It has a highly intuitive user-interface that responds instantly and you will not have to put up with any delays or lags in execution. All trades are processed immediately and the results are also reflected in real-time, telling you exactly how much you have made. The charting capabilities of the trading platform are also downright impressive as multiple charts are provided and traders can even make trades right from the charts.
The broker also offers its clients access to the latest changes in the market and all important news that can have an impact on their trading strategies. The offerings don’t stop here either. GTlot has kept up with market changes and trends and added mobile apps of their trading platform for both Android and iOS devices. You can download the apps on your device and trade on the move, for your convenience and ease. The apps are well-designed, respond well and are quite user-friendly, which means you don’t have to worry about navigating them at all. Multiple assets can be traded simultaneously and the broker has added the option of one-click trading to the web and mobile platform for the convenience of their clients.
- GTlot has straightforward deposit and withdrawal policies
It is understood that in order to start trading, you have to invest some money. When you open an account with a brokerage, you are required to deposit funds before you can open a trade. This is logical, but the real question is how you can make a deposit? The answer to this question lies in the banking methods that a broker offers to their clients. Again, the choice of method is at the discretion of the broker, which means that there is no set standard to follow. Every brokerage can decide what options to incorporate and which ones to eliminate.
You will come across a number of banking methods added by GTlot because it aims to cater to as many traders as possible. The variety of options is a way to ensure that all traders will feel welcome and comfortable in depositing their money and will not have any problems in withdrawing their profits either. First and foremost, the broker gives you the opportunity of using debit and credit cards for deposits and withdrawals. A wide range of cards are supported including MasterCard, Maestro, Visa and Visa Electron. The cost associated with this method can vary, depending on which card you use.
Next, GTlot allows its clients to add or withdraw funds through bank wire transfers as well. This method might be a bit slow, but it is very secure and the cost will depend on the bank you use. Lastly, you will also find some modern methods like e-wallets that are being used by people nowadays. WebMoney, Neteller and Skrill are just some of the options and they also offer quick processing times and involve low fee.
- GTlot offers favorable traditional conditions
A broker’s trading conditions are also an essential variable to consider because they determine what kind of profits you can make. If the broker doesn’t provide leverage and has margin restrictions, your profits will be quite limited. Likewise, the spread and commissions charged by a broker can also play an important role because they will increase your costs of trading. If your costs are high, your profits will be reduced. GTlot is aware that tough trading conditions can affect a trader’s motivation to trade due to which they have kept them as favorable as possible.
The broker charges very tight spreads, allowing its clients to walk away with as much profits as possible. It also offers maximum leverage and doesn’t charge high transaction costs. In addition, you don’t have to worry about any hidden fee or other surprise charges that can affect your bottom line. As a matter of fact, if you choose to sign up with GTlot, you will be able to make 200% returns on your initial investment very quickly, something you may not find with other brokers.
- GTlot has done a great job with customer support
Looking at the customer support options provided by a broker is also necessary because you never know when you may need help. The trading market moves very rapidly and if you encounter an issue, you want a solution right away because every second can make a difference. Most brokers claim to provide good customer support, but it turns out later that they don’t really do a standup job. Even a small delay can cost you a lot of money while trading due to which GTlot has been very attentive towards customer support.
They have introduced multiple channels that can be used by their clients for reaching out to their agents. First off, an online contact form is available on the website that can be filled out and submitted. You can also choose to communicate with the representatives via email 24/7. There is also a phone number available on the website and you can also schedule a callback with the agent as per your convenience.
It is very easy to see how GTlot has managed to stand out amongst the crowd of brokers and why it has gained the kind of popularity it is enjoying. The team behind it has paid attention to every aspect that can make a difference for traders and created a traditional solution for all traders.