Learn all you need to know about this broker in our Fivoro review today. You can continue to the brokers website in the link below or continue reading to learn more. Is Fivoro a scam? It is Legit? Just to clear doubts this is a review of the broker fivoro.com, continue reading to learn more.
In today’s economic climate, there are a lot of people out there who are looking for ways to make money as quickly as possible. Traditional investment options are no longer giving the kind of returns you want, so it is natural to look for alternatives. Obviously, this doesn’t mean that you want to do something illegal, but there are some perfectly legal ways to earn a high return on your investment. Trading is one such opportunity, one that has been around for decades, but has become all the rage nowadays since it shifted online.
With technology and the internet, online trading became one of the topmost trends in the last couple of decades and has helped many people in achieving their financial goals quickly. The best part is that jumping on the trading bandwagon is not that difficult because it doesn’t really have any barriers to entry. All you need to start right away is some money to invest and a reliable brokerage. Yes, brokers are still part of the trading market and they have also shifted their operations online to keep up with the changing and evolving market. When you start looking, you will come to know that there are hundreds of brokers that you can sign up with.
The challenge is to go through the options to find the one that can be your partner in the trading journey. This seems quite daunting, but the key is to understand what to look for in order to make the correct choice. One of the brokerages that you will find in the market is Fivoro, a CFD broker that was established by Expand Solutions Ltd, a company located in Seychelles. It is a properly registered and licensed broker, but what makes it a good choice? Take a look at some of the reasons that may make this broker a suitable option for you:
Initial Investment is Low
First and foremost, traders who are new to the market will certainly like Fivoro because the broker has imposed minimal requirements when it comes to initial investment. Obviously, when you are starting out, you don’t want to risk all your savings in case it doesn’t go your way. To accommodate such traders, the broker has deliberately kept its requirements low. You can open the Basic account with this broker with just a small deposit of €1,000. This is low enough for beginners to get started without any hassle.
Fees and Pricing are Straight Forward
A common complaint that you will come across from traders is that most brokers are not open and transparent about their pricing, fee, and other costs that will be charged. This can be highly frustrating because you don’t know what to expect and maybe hit up with hidden charges at any point. This is something you want to avoid because it can have a direct impact on your bottom line i.e. profit. Luckily, this is not a problem that you have to put up within the case of Fivoro
The broker has been quite transparent about their trading fee, commissions and spreads. No hefty commissions are charged and the broker offers you the tightest and lowest spreads. They don’t have any account maintenance fees or charges for inactive accounts, plus no other hidden charges.
The Trading Platform is Easy to Use
The kind of trading platform offered by a broker can make a big difference in your trading experience. If the trading platform doesn’t function well, you will not be able to take advantage of the numerous trading opportunities that present themselves to you. Fivoro offer their own proprietary web trading platform to traders, which they access via their website. Hence, there is no downloading and installation required and the platform has been equipped with some of the best features and tools to enhance your experience.
These include trading indicators, charting tools, analysis tools, and price alerts. There is one-click trading offered and the platform also offers superior trade execution. Fivoro has added mobile apps for its traders as well, which are available for both Android and iOS ecosystems. These apps can be used by traders for trading on the move and they don’t have to miss any trading opportunity.
The Security Policies are Impressive
The world of the internet is full of risks; anyone who uses it is perfectly aware of this fact. People have their money stolen or their identities compromised and it is something you certainly don’t want to deal with. This can often make people hesitate when they want to sign up with a broker because they are exposed to these threats. They have to trust them with their money and share personal information with them as well, which is a big risk. Therefore, it is a good idea to look for a broker that takes security seriously and takes steps to minimize the risk.
At Fivoro, you will come across strong security policies that can give you peace of mind during trading. They have chosen segregated accounts for their clients with the top investment banks to ensure that your money stays safe. They have also implemented 256-bit SSL (Secure Socket Layer) encryption for the purpose of protecting the information of their clients. It ensures that no outsiders can get access to your information without your permission.
Apart from this, Fivoro also has the AML (Anti-Money Laundering) and KYC (Know Your Customer) policy in place for keeping their clients safe. These policies are meant for ensuring that the broker’s platform is not used for any illegal activities and crimes like identity theft and money laundering couldn’t happen.
Along with these offerings, Fivoro also offers its clients various account choices to accommodate them and excellent customer support to give them assistance. They also provide educational opportunities to their clients and a huge variety of assets that can allow you to take advantage of all the trading opportunities in order to maximize your returns.