Last Updated on September 11, 2020 by cryptocreed
Do you need to supplement your existing income or are you looking for a way to increase returns from your investments? These days, opportunities are not that hard to find, as long as you know where to look. For instance, the trading market is one of the most popular avenues that people can explore when they are looking to generate high returns from their investment. There are thousands of financial instruments that can be traded and you would have lots of options to consider when you want to invest your capital. With that much variety available, it is easy to find an instrument that’s affordable for you and suits your risk tolerance.
But, how can you do it? How will you trade a financial instrument and make profits from it? To do so, you have to find a broker because they will give you a trading platform to get started and will help you connect to the financial market of your choice. Online brokers like Global CTB can be found easily these days because you just need a Google search, but it shouldn’t be forgotten that not all brokers are the same. You want a trustworthy and authentic broker that can meet your trading needs, but not all brokers fall into this category.
Some have their own restrictions and policies that traders have to comply with and you need to go through them carefully to ensure it is not something you are not comfortable with. Amongst the different brokers that are currently operating in the market, you will come across the name of Global CTB. Can this broker lead you in the right direction? The easiest way of finding the answer to this question is by considering their features in the following Global CTB review that I have written for you today:
Regulation Status
The regulation status of a broker is worth checking because unregulated brokers don’t follow a fixed set of rules and guidelines. This could lead to a great deal of confusion and make traders vulnerable to security risks and other issues. Therefore, most people prefer to trade with a regulated broker because they are subject to international standards and rules. Global CTB also comes under this umbrella as it is founded by a registered and licensed company. Hence, its accounts are regularly audited to minimize the risk of fraud and it also has appropriate security policies in place for protecting its clients.
Trading Software
A broker’s trading platform is one of its most prominent features because this software is used for executing trades and maintaining your portfolio. Global CTB has developed its own trading platform for facilitating its clients and it is a web-based one. This means the trading software is accessible via the broker’s website and there is no download or installation required for it. The software can work on multiple devices, including smartphones, which gives traders the flexibility of trading on the move. It is equipped with advanced charting tools, custom trading indicators, live graphs, latest market news, and 128-bit encryption. It is easy to navigate and does not involve a learning curve.
Trading Plans
No two traders are the same due to which brokerages create different trading plans for accommodating their clients. Global CTB has also followed the same standard and you will find six trading plans to cater to traders of different levels. These options include:
- Basic account: This account is for complete newbies and is opened with a deposit of $250. It gives a 30% bonus, 24/6 customer support, price alerts, Daily Market Review, education center access, and PRO webinars.
- Beginner account: One step up, this trading plan can be opened with a deposit of $10,000 and the welcome bonus is increased at 40%. Traders are given a junior account manager for this account.
- Medium account: The third trading plan that you will find at Global CTB can be opened with a deposit of $25,000. It has a 60% welcome bonus and a senior account manager is now provided.
- Advanced account: The next trading plan is designed for skilled traders and a minimum deposit requirement of $50,000 is applicable. A VIP manager is given with the account and the bonus now reaches 70%.
- Pro account: Designed for expert traders, this trading plan at Global CTB has a minimum deposit requirement of $100,000. The bonus is now at 80% and all features offered by the broker are available here.
- VIP account: Traders can upgrade to this account at Global CTB when they meet certain criteria in terms of trading volume and investment required.
You first need to complete the registration form provided on Global CTB’s website and then move onto choosing an account.
Security Aspects
An aspect that you cannot compromise on is the security features of a broker. Global CTB is a regulated broker due to which it has implemented some important security policies. First and foremost, you will come to see 128-bit encryption, which is designed to encrypt the information shared with the broker immediately. It protects the information from being stolen or falling into the wrong hands. The broker has also opted for account segregation, which means customer funds are kept separate from the broker’s accounts. It can be effective in avoiding discrepancies and ensures that customers are refunded in case the broker goes bankrupt.
Lastly, Global CTB has also followed Know Your Customer and Anti-Money Laundering policies, which are referred to as KYC and AML. These are verification policies that confirm the identity of every trader signing up with the broker. Customers have to share proof of ID like passport, driver’s license, or national ID card. Proof of residence also has to be provided, such as a utility bill or bank statement. These documents have to be submitted in order to make transactions via your account on Global CTB.
Bottom Line
You can find all the essentials you need to start trading confidently in the financial market at Global CTB. It saves you from worrying about security and since it is regulated, you can rest assured that it is an authentic broker.